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9/6
19:56
Goldman Sachs strategist Moe is bullish on the South Korean stock market, anticipating an 80% upside due to the underestimated boost from AI for memory chip manufacturers.
19:52
Bank of Japan: Monetary base in August decreased by 2.4% year-on-year, while current account balances at the BOJ decreased by 3.0% year-on-year.
The Bank of Japan (BOJ) announced today that the monetary base for August 2026 was 543.7652 trillion yen, a 2.4% decrease from the same period last year. Current account balances at the BOJ were 390.5362 trillion yen, down 3.0% from the same period last year.
19:42
Blackstone Cashes Out Up to $1.3 Billion from India's Knowledge Realty Trust, Reducing Stake to 21.5%
The private equity giant sold up to 25% of the real estate investment trust, which it backs alongside local partner Sattva Group. The fully subscribed offering, completed September 1, was the largest share sale by a private shareholder in India via this method. The sale, at a discount of 4.7% to the prior close and 13% to net asset value, allows Blackstone to recycle capital after the trust gained roughly 10% since its August 2025 listing.
19:42
A $10,000 investment in the Vanguard S&P 500 ETF (VOO) ten years ago, with dividends reinvested, would be worth $41,688 today.
If you had invested $10,000 in the Vanguard S&P 500 ETF (VOO) ten years ago, as of September 3, 2026, that investment would now be worth $38,212; with dividends reinvested, its value would reach $41,688. The article notes that the stock market has performed exceptionally strongly over the past 15 years, with the S&P 500 index's average annual return approaching 10% in the long term.
19:37
Buffett sends "stern message" to stock market investors: Reaffirming the long-term investment philosophy of "be greedy when others are fearful," and pointing out the current high speculative sentiment in the market.
Yahoo Finance cited Warren Buffett's view that despite the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite repeatedly hitting new highs in 2026, returns have stagnated in the single digits since May. Market volatility has been driven by tech stock fluctuations, rising interest rate expectations, increasing oil prices, and escalating tensions in the Middle East. Buffett reiterated his advice from the 2008 financial crisis to "buy American," arguing that bad news is the best time for investors to buy into the country's future at a discount. He noted that Berkshire Hathaway held approximately $373 billion in cash and U.S. Treasury bills earlier this year, stating, "If there's a big decline, we'll deploy capital." Buffett likened the current market to a "church with a casino attached," citing the boom in short-term options trading as an example of heightened speculative sentiment. He emphasized that the best buying opportunities arise when the market collapses and no one is answering calls, and cautioned investors against selling during market panic, as history shows that long-term investing often outperforms market timing.
19:26
Workday (WDAY) Q2 revenue exceeded expectations, primarily driven by AI solutions, but the FY28 subscription revenue growth forecast of approximately 11% indicates a slowdown in growth momentum.
Workday announced second-quarter revenue of $2.65 billion, a year-over-year increase of nearly 13%, exceeding analysts' expectations of $2.64 billion. Subscription revenue grew by 13.9% to $2.471 billion. AI products drove over $100 million in new Annual Contract Value (ACV), accounting for more than 25% of total new ACV, with Annual Recurring Revenue (ARR) approaching $600 million. Non-GAAP operating margin expanded to 31.1%, an increase of 212 basis points year-over-year. However, the company projects subscription revenue growth of approximately 11% for fiscal year 2028, lower than the current growth rate of 13% to 14%. Management stated that current AI adoption is more substitutional than incremental.
19:21
Walmart, Home Depot, and Lowe's Adopt Different Tariff Refund Strategies
Walmart plans to use its roughly $2.9 billion tariff refund to lower prices for consumers, having already reduced prices on about 11,000 products. Home Depot received $730 million in refunds, using $685 million to reduce the cost of goods sold and boost gross margin by 0.3 percentage points. In contrast, Lowe's stated it would not use its refund to cut prices, prioritizing shareholder profitability.
19:12
Australia's Ingenia Rejects Warburg Pincus' $1.4 Billion Takeover Bid
Australian retirement village operator Ingenia Communities said in an exchange filing on Monday that a conditional, non-binding indicative takeover proposal of A$4.75 per share, totaling A$1.9 billion (approximately US$1.4 billion), from private equity giant Warburg Pincus "significantly undervalues the company and is not in the best interests of its security holders."
19:05
Motley Fool contributor Daniel Sparks predicts TSMC's market capitalization will exceed $3 trillion by 2029.
19:05
Apple (AAPL) Raises Apple TV Price to $14.99/Month and Apple One Individual Bundle to $21.95/Month in U.S.
Apple has increased the monthly subscription cost for Apple TV from $12.99 to $14.99, and the individual Apple One bundle from $19.95 to $21.95. This follows a $1-a-month increase to Apple Music in July, which the company attributed to licensing costs. Apple reported $30.7 billion in services revenue for its fiscal third quarter, up 12% year over year.
19:01
Hong Kong broadens sustainable finance taxonomy framework to boost transition capital
Hong Kong unveiled an expanded sustainable finance taxonomy as the city kicked off its annual Green Week on Monday, broadening the range of economic activities recognised as green or transition. The Hong Kong Monetary Authority (HKMA) launched a public consultation on the Phase 2B prototype of its Hong Kong Taxonomy for Sustainable Finance, adding 10 activities across transportation, manufacturing and waste management.
19:00
OpenAI to Cut Off Cursor Access to Its Models by Nov 12 After SpaceX Acquisition; Musk Calls OpenAI 'Utterly Untrustworthy'
OpenAI announced it will end Cursor's access to its models on November 12, following Space Exploration Technologies Corp. (SPCX) $60 billion all-stock acquisition of Cursor's parent company, Anysphere, which closed on August 14. OpenAI cited concerns that SpaceX might use its technology outside of service terms, referencing past contract disputes with Elon Musk's other companies like X and xAI. Cursor CEO Michael Truell stated that OpenAI models account for only about 5% of Cursor's user traffic. Musk responded on X, calling OpenAI's leadership "utterly untrustworthy." Anthropic co-founder Tom Brown said his company would increase compute to support Claude models in Cursor.
18:59
Goldman Sachs Partner Warns: AI Risks Could Lead to Next Generation of Bankers Losing Independent Thinking Skills
Chris Churchman, a Goldman Sachs partner who oversees Marquee, the firm's digital platform for institutional clients, stated that the widespread adoption of AI on Wall Street could lead bankers to over-rely on models, thereby eroding their ability to reason from first principles. He likened this to how GPS and search engines have eroded navigation skills. Churchman noted that Goldman Sachs is actively identifying this risk, but the company has not yet determined clear mitigation strategies, while facing pressure from competitors like Morgan Stanley and JPMorgan Chase regarding AI deployment.
18:52
Oil Climbs as US Attacks Iranian Tankers, Iran Declares New Restricted Zone Near Hormuz Strait, Fueling Energy Flow Disruption Concerns
18:49
Nvidia's First-Ever Year-Ahead Forecast Projects 70% Revenue Growth for Fiscal 2028, Poised to Surpass Apple and Alphabet
Nvidia CFO Colette Kress stated on August 26 that the company expects fiscal 2028 revenue growth to reach 70%, significantly exceeding the 44% average analyst estimate. This guidance, the company's first-ever year-ahead revenue forecast, implies fiscal 2028 revenue near $673 billion to $700 billion, which would position Nvidia ahead of Apple and Alphabet in revenue among U.S. tech companies. Following the news, shares jumped approximately 8.7%.
18:32
Arrowhead Pharmaceuticals Director Michael S. Perry Sells 11,600 Shares for $1 Million
Michael S. Perry, a director at Arrowhead Pharmaceuticals (Nasdaq: ARWR), sold 11,600 shares of the company's stock worth $1 million on August 18, 2026. The transaction was disclosed via a Form 4 filing with the U.S. Securities and Exchange Commission, with an average selling price of $87.30 per share. Perry's move liquidated 9% of his direct holdings, but he still retains a 0.0791% stake in the company and holds unvested restricted stock units.
18:16
Analyst: XRP Unlikely to Break $1.50 Before Fed Decision and Senate Vote, Currently Trading at $1.41 with Resistance at $1.43
As of September 6, XRP is trading at $1.41, struggling to break past the $1.43 resistance level. Analysts believe that XRP is unlikely to reach $1.50 before the Federal Reserve's interest rate decision on September 16 and the Senate vote on the CLARITY Act on September 15. Potential interest rate hikes by the Federal Reserve (with inflation at 3.7% and a strong August jobs report) and the low probability of the CLARITY Act passing (Polymarket data shows an 18% chance of the bill being signed into law by 2026) are seen as bearish factors that could lead to XRP pulling back to $1.35. For $1.50 to become a viable target price, a daily close above $1.43 with supporting volume is required.
18:13
Iran's Foreign Ministry spokesperson accused the United States of disrupting the Strait of Hormuz, stating that the U.S. provokes conflict while other countries bear the economic costs.
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz was open before the war, and he attributed shipping disruptions, tanker stoppages, and rising energy prices to Washington, accusing the U.S. of attempting to shift the responsibility for the resulting trade and energy market turmoil to Tehran.
18:11
US Oil Majors Employ Hardball Tactics in Labor Disputes, Using Lockouts and Replacement Workers to Seek Concessions
Major US oil companies are increasingly adopting aggressive strategies in labor negotiations, including lockouts and the use of replacement workers, to secure concessions from unions. This trend, exemplified by Exxon's 2021 lockout and ongoing disputes at BP's Whiting, Indiana, and Marathon's Martinez, California refineries, aims to undermine unions' bargaining power and reduce costs. BP, for instance, has offered a 13% raise over four years but seeks to transfer non-core work and waive bargaining rights related to AI tools and time clocks.
18:01
Toyota Aims to Boost Operating Profit from Software Updates and Vehicle Leasing by 40% to $19.2 Billion by Fiscal 2030
18:00
Anthropic has committed over $100 billion to AWS over the next ten years, with its upcoming IPO prospectus expected to reveal more contract details
The AI company, known for its Claude models, plans to publish its initial public offering (IPO) prospectus after Monday's Labor Day holiday, which could be followed by a listing as soon as late September or October. This commitment, made on April 20, represents about a fifth of AWS's current backlog of contracted work. Amazon also invested an additional $10 billion in Anthropic this year, with up to $15 billion more available under a financing arrangement.
18:00
TIA (Celestia) saw a trading volume of $1.26 million in the past hour, which is 13.7 times its 7-day average for the same period. It is currently trading at $0.4355.
17:26
Amazon cargo plane crashes and catches fire at Miami International Airport, causing full ground stop
An Amazon cargo plane, a Boeing 767-300 operated by 21 Air, overran the runway and caught fire while landing at Miami International Airport at 2pm ET (6pm GMT) on Sunday. The incident, which saw the aircraft strike multiple vehicles, has led to a full ground stop at one of the country's busiest airports, with significant delays anticipated. The US Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating the cause of the crash.
17:24
Liquid Network pauses after purported ‘white-hat’ hackers withdraw $320 million in bitcoin
The Bitcoin sidechain has been paused, leading exchanges to suspend LBTC deposits and withdrawals, as Blockstream works to contact those responsible for the purported withdrawal.
17:22
Applied Digital and IREN released their latest quarterly financial reports. Applied Digital saw accelerated revenue growth, while IREN's revenue continued to contract, though its AI cloud sales were strong.
Applied Digital (Nasdaq: APLD) reported an acceleration in revenue growth to $258.7 million for the fiscal quarter ended May 31, 2026, while IREN (Nasdaq: IREN) saw its revenue contract sequentially to $137.2 million for the fiscal quarter ended June 30, 2026. Despite the overall revenue decline for IREN, its AI Cloud sales surged from $33.6 million in the same period last year to $70.5 million, while cryptocurrency mining revenue decreased from $111.2 million to $66.7 million, reflecting its strategic pivot towards the AI infrastructure market.
17:22
Jim Cramer calls surging biotech stock Nuvation Bio (NUVB) a "pure spec" despite analysts seeing 113% upside
Jim Cramer, during a September 3 episode of CNBC's Mad Money, labeled Nuvation Bio (NUVB) as "pure speculation," warning that its value primarily rests on potential future drug performance rather than current earnings. This comes as the stock has been climbing, with Wall Street analysts maintaining an average 12-month price target of $14.5, suggesting approximately 113% upside from its recent price near $6.80. Analysts' optimism is fueled by the company's successful launch of lung cancer drug IBTROZI and its experimental brain cancer drug Safusidenib receiving FDA Fast Track Designation in August 2026 and entering a crucial late-stage trial.
17:08
South Korea's ETF boom loses steam as single-stock leveraged ETFs tracking Hynix and Samsung Electronics drop two-thirds and half of their value respectively since late May
The decline of these ETFs, which debuted about three months ago, has sparked political controversy over claims they harmed investors' assets.
17:06
The Crypto Fear & Greed Index is currently at 75, moving from "Greed" into the "Extreme Greed" range.
17:06
H.B. Fuller (FUL) Rejects Ancora's $1.1-$1.2 Billion Offer for its Building Adhesives Solutions (BAS) Business, Citing Significant Undervaluation
H.B. Fuller's board unanimously rejected activist investor Ancora Holdings Group's unsolicited proposal, stating the offer "significantly undervalues" BAS, is "substantially below precedent transactions," and ignores the unit's growth prospects. The company also noted that a carve-out would create "significant dis-synergies" as BAS shares manufacturing operations across more than 30 plants worldwide, and Ancora's proposal "lacks key details needed to demonstrate" its ability to execute the deal. Ancora's activist campaign against H.B. Fuller began in May.
17:05
McKesson to Acquire Precision Medicine Group for Approximately $2.25 Billion to Strengthen Its High-Growth Oncology and Specialty Care Businesses
Reuters reported that healthcare company McKesson (NYSE:MCK) announced it would acquire privately held Precision Medicine Group for approximately $2.25 billion. This acquisition is part of McKesson's multi-year effort to strengthen its high-growth businesses, and Precision Medicine Group will become part of McKesson's oncology and multi-specialty division.

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