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12:38
U.S. President Trump Proclaims September 7, 2026, as Labor Day, Highlights Administration's Economic Achievements
President Trump, in his Labor Day proclamation, emphasized his administration's efforts to empower American workers and families. He cited the Working Families Tax Cuts Act, which made the largest tax cuts in American history permanent, boosting take-home pay for millions and allowing small businesses to deduct 20% of qualified income. Trump also noted that protective tariffs have shielded U.S. workers from unfair foreign competition, leading to trillions of dollars in investments and over 900,000 new American jobs, with manufacturing expanding for six consecutive months.
12:37
The South Korean government has launched the "AI for All" initiative, which will provide free AI chatbot services to its 51 million citizens. This year, 512 NVIDIA B200 GPUs will be invested in the program.
The South Korean government has selected a consortium led by SK Telecom, Kakao, and KT to deliver this service, with a full rollout planned by the end of the year. Analysts believe the initiative will generate demand for chipmakers such as NVIDIA, SK Hynix, and TSMC, but its overall revenue impact on these giants is expected to be limited.
12:36
Analysts project Chewy's FY2026 sales to rise 7% to $13.5B and net income to jump nearly 50% to $333M, while Coupang is expected to swing to a net loss for the year.
Analysts are comparing the investment prospects of specialized pet care leader Chewy (NYSE:CHWY) and e-commerce logistics giant Coupang (NYSE:CPNG). For fiscal year 2025, Chewy reported revenue of approximately $12.6 billion (up 6%) and net income of $222.8 million. Coupang's FY2025 revenue reached about $34.5 billion (up 14%) with net income of $208 million. While Coupang is seen rebounding in 2027, Chewy's acquisition of Modern Animal in April 2026 and growth in its Autoship program are expected to provide a solid base for continued growth.
12:25
Bitwise Chief Investment Officer Matt Hougan predicts Bitcoin could reach $100,000 by the end of 2026 and even $1.3 million by 2035.
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, stated that Bitcoin is on track to surpass $100,000 by the end of 2026 and could reach approximately $1.3 million by 2035. He believes that an increasingly favorable global macroeconomic environment for scarce digital assets, coupled with catalysts such as the U.S. government repurchasing Treasury bonds, will drive Bitcoin's price higher. Hougan also noted that institutional investors returning to the market after summer holidays and a reevaluation of traditional "60/40" investment portfolios will also generate demand for Bitcoin.
12:21
a16z Partner Anish Acharya: AI Makes Execution No Longer Scarce, Ambition and Judgment Become More Important, Entertainment and Companionship Will Be Key Directions for Consumer AI
Anish Acharya, a partner focusing on consumer investments at top-tier Silicon Valley venture capital firm a16z, recently stated on a podcast that as AI continuously lowers the barrier to execution, what may become truly scarce in the future is no longer execution capability, but rather human ambition and judgment. He believes the AI industry is still in a stage similar to the early days of the iPhone in 2010, and the real big opportunities for consumer AI might be hidden in "non-productivity" demands, such as programming agents, personal assistants, and entertainment and companionship products. Acharya disagrees with concerns that AI will create a "permanent underclass," pointing out that companies are shifting from "using AI" to "reorganizing around AI," with workflows and organizational structures potentially being redesigned.
12:16
Hyperliquid Strategies (PURR) saw its stock price surge by 94% in August, and on September 1st, it will increase the size of its existing stock offering agreement from $1 billion to $2.5 billion.
Chinese GPU manufacturer Hyperliquid Strategies (NASDAQ: PURR), a publicly traded company holding Hyperliquid (HYPE) tokens, saw its stock price surge approximately 94% in August 2026, significantly outperforming Bitcoin's roughly 25% gain during the same period. The company increased its existing at-the-market stock offering agreement from $1 billion to $2.5 billion on September 1, following comments by US President Donald Trump on August 19. Donald Trump stated that US regulators are working to provide a legal pathway for Hyperliquid's decentralized perpetual futures trading platform to operate in the United States, a statement that fueled substantial rallies in both Hyperliquid tokens and Hyperliquid Strategies' stock price.
12:15
Yahoo Finance analysis: Super Micro (SMCI) stock needs to sustain gross margin gains, turn operating cash flow positive, and resolve export-control transaction review to reach $50
Super Micro Computer (SMCI) stock has gained 35% year-to-date in 2026, closing Friday at $39.59. The company reported Q4 FY2026 non-GAAP EPS of $1.70 (vs consensus $0.96) and booked $60 billion in new orders. However, its FY2026 operating cash flow was negative $6.8 billion due to a $12.9 billion inventory build, contrasting with peers like Dell and HPE that converted AI demand into strong cash flow. Analysts believe that for SMCI to reach the $50 mark, it must demonstrate sustained gross margin improvements, achieve positive operating cash flow, and successfully close an ongoing board review of export-control-related transactions.
12:14
Analyst: Pfizer stock is a 'great buy-and-hold investment' despite 40% five-year decline, with 6.1% yield
An analyst from The Motley Fool suggests Pfizer (NYSE: PFE) stock is currently a strong buy-and-hold opportunity. While the company's shares have fallen nearly 40% over the past five years, they have risen 14% this year. The analyst notes Pfizer trades at 10 times its estimated future earnings and offers a dividend yield of approximately 6.1%. The company is diversifying through acquisitions, including oncology company Seagen and weight-loss drug berobenatide from Metsera, to strengthen long-term growth prospects.
12:13
Japan's Mitsui & Co. begins exporting Indian electric buses to Africa, leveraging low-cost production to compete with Chinese manufacturers.
Japan's Mitsui & Co. has begun exporting Indian-made electric buses to Africa, leveraging low-cost production to compete with Chinese manufacturers such as BYD.

Indian startup Pinnacle Mobility Solutions will double its annual production capacity to 10,000 vehicles through a new factory.
12:09
Chainlink (LINK) Climbs 6.8% to $13.64, Its Highest Since January 18, Amidst Bottomline Partnership and Charles Schwab Listing
Chainlink (LINK) surged 6.8% on Monday to $13.64, marking its highest level since January 18 and making it the best performer among the top 10 cryptocurrencies by market cap. This rally comes as Bitcoin trades flat, falling back under $80,000.

The token's strong performance is attributed to two key developments: a partnership announced last week with Bottomline, a major SWIFT services provider for over 600 banks, which will integrate Chainlink's infrastructure to connect existing systems to public and private blockchains; and Charles Schwab's decision in late August to list Chainlink (alongside Solana and Avalanche) on its retail crypto trading platform, expanding beyond just Bitcoin and Ethereum. LINK's open interest in derivatives also hit an 11-month high of $784 million.
12:03
MarketWatch Analysis: Chip Stock Investors Should Watch FX Markets, Korean Won Appreciation May Signal Future Weakness
MarketWatch analysis suggests that U.S. chip stock investors have reason to monitor money markets to understand how funds are flowing into and out of chip stocks. In recent weeks, the South Korean won has significantly appreciated against the U.S. dollar due to the Bank of Korea beginning to raise interest rates, which could signal further weakness for chip stocks in the future.
12:00
Artisan Partners' funds increased their holdings in the US semiconductor materials company Entegris (ENTG) in Q2 2026, optimistic about its prospects benefiting from a rebound in wafer starts and memory capital expenditures.
Artisan Mid Cap Fund, managed by Artisan Partners, disclosed in its latest Q2 2026 investor letter that it has added Entegris, Inc. (NASDAQ:ENTG), a U.S. semiconductor materials company, to its portfolio. The fund believes that Entegris, as a supplier of advanced materials, specialty chemicals, and filtration systems, will benefit from long-term content growth potential driven by node transitions, materials innovation, and advanced packaging, as well as a recovery in memory capital expenditures and wafer starts. These factors are expected to support its revenue growth and margin expansion.
11:59
Iraq's New PM Ali al-Zaidi Announces Plan to Raise Oil Production to 8-10 Million BPD Within Six Years, Potentially Surpassing Saudi Arabia
11:59
Analysts compare investment prospects for Alibaba and Coupang, noting Alibaba's FY2026 revenue forecast of $152.2 billion and Coupang's FY2025 revenue forecast of $34.5 billion.
Yahoo Finance analysis indicates that Chinese e-commerce giant Alibaba (BABA) achieved revenue of approximately $152.2 billion for the fiscal year ending March 31, 2026, marking a year-over-year increase of about 3%, with a net profit of approximately $15.4 billion. South Korean e-commerce company Coupang (CPNG) reported revenue of approximately $34.5 billion for the fiscal year ending December 31, 2025, a year-over-year increase of about 14%, with a net profit of approximately $208 million. The article suggests that Alibaba faces regulatory and competitive challenges in the Chinese market but is experiencing strong growth in AI cloud services. Coupang, on the other hand, is dealing with regulatory investigations and data incidents in South Korea, yet it has reached a record high in membership numbers, and Wall Street anticipates a rebound in 2027 after a projected loss in 2026.
11:59
Microsoft's stock price is near an all-time high, but declining free cash flow and surging capital expenditures may limit further upside, analysis shows.
Microsoft (NASDAQ:MSFT) shares are currently trading at $499.70, nearing their all-time high of $549.20. Analysts suggest that despite strong growth in its Azure cloud services and AI business, a surging 80% increase in capital expenditures to $115.948 billion, which led to a 6.46% decline in free cash flow to $66.987 billion, could be a critical factor determining whether the stock can break new highs. CEO Satya Nadella's sale of $43 million in stock in early September may also impact market sentiment.
11:58
Verizon has led U.S. telecom stocks year-to-date in 2026, with its share price surging 29%; AT&T is up 7%, and T-Mobile is down 9%.
Verizon's stock price rose 29% to $50.14 as of last Friday's close, outperforming the S&P 500's 13% gain, and the company raised its full-year adjusted EPS guidance to $4.99-$5.04. During the same period, AT&T's stock price increased by 7% to $25.68, and it accelerated share buybacks to approximately $10 billion. T-Mobile's stock price fell 9% to $181.52, despite a 7.9% increase in second-quarter revenue, due to narrowing subscriber growth advantages and intensified competition.
11:55
Cerba Healthcare is moving forward with a $5.8 billion debt restructuring, with a portion of its revolving credit facility to be sold.
Cerba Healthcare, a private laboratory company backed by EQT AB, is advancing a court-supervised restructuring process to address its €5 billion (approximately $5.8 billion) debt pile. Reportedly, some of the company's revolving credit facilities are currently for sale.
11:54
Donald Trump reposts Wall Street Journal report, stating senior Iranian politician urges end to war
11:54
OPEC+ maintains October production quotas, shifts strategic focus to 2027 capacity cap allocation
OPEC+ decided on September 6 to maintain October production quotas, in line with market expectations, marking the completion of the gradual exit from the voluntary production cut agreement initiated in April 2023. This move shifts market focus from short-term supply adjustments to the more strategically significant allocation of member country production ceilings for 2027. Analysts point out that ongoing geopolitical disturbances in the Middle East continue to disrupt Iranian physical shipments, leading to a disconnect between existing quotas and actual supply. Should the situation in the Strait of Hormuz normalize, the supply shock from the resumption of obstructed crude oil flows would have a greater market impact. The market is closely watching the September capacity audit results, which will directly influence negotiations for the 2027 production framework at the November ministerial meeting.
11:54
Trump praises SEC's Paul Atkins for slashing ETF taxes, calling it a 'TOTAL REVOLUTION for Savers' and a 'HUGE WIN' for millions of retirement investors.
Former President Donald Trump lauded the move by SEC official Paul Atkins, stating it helps retirement investors keep more of their money and build wealth. Trump also reiterated that his previous tax bill was the 'BIGGEST relief in HISTORY' for hardworking families.
11:46
Kraken Pro launches TWAP orders, allowing users to split large orders over a chosen time window
The new time-weighted average price (TWAP) order type on Kraken Pro enables users to break down a single large order into smaller child orders, which are then executed over a user-defined period ranging from 1 minute to 7 days. This feature aims to help traders manage order size without significantly impacting market prices. It includes built-in controls such as capping parent order size against expected market volume, limiting child order deviation from the limit price, and enforcing minimum intervals between order actions. The service is available on Kraken Pro Web, Desktop, Mobile, and via API.
11:44
Snowflake's stock price surged 17% to $356.56 on September 3, following better-than-expected second-quarter fiscal results and the CEO's statement that AI accounted for approximately half of its recent growth acceleration.
Snowflake, the data cloud company, reported a 37% year-over-year increase in product revenue to $1.49 billion for its second fiscal quarter, with total revenue reaching $1.55 billion and adjusted earnings per share of 62 cents, all exceeding analyst expectations. The company raised its product revenue forecast for fiscal year 2027 to $6.07 billion. CEO Sridhar Ramaswamy noted that AI accounted for approximately half of the company's recent accelerated growth, transforming previous investor concerns about AI disrupting the software business into a new growth engine. Following this news, software industry stocks, including ServiceNow, Salesforce, and Adobe, also saw widespread gains, and at least 34 brokerages raised their price targets for Snowflake.
11:43
The U.S. Senate will hold a procedural vote on the Clarity Act on September 15.
The U.S. Senate has scheduled a procedural vote on the Clarity Act for September 15 to determine if the bill will proceed to a final vote this year. The bill aims to establish competitive rules for the crypto industry, clarify how cryptocurrencies can be used in corporate financing, and define reporting and compliance obligations for operators to regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Analysts suggest that if the bill fails to pass, Bitcoin could fall by 10%-25%, while altcoins might see declines of 15%-30%.
11:43
MEXC CEO Usi Highlights Zero-Fee Trading and AI's Role, With Zero-Fee Initiatives Saving Users $1.1 Billion in 2025
MEXC CEO Vugar Usi discussed the exchange's strategy, noting its zero-fee initiatives saved 3.44 million users approximately 1.1 billion USDT during 2025. Usi believes zero fees compel exchanges to compete on product quality, speed, and trading tools. He also highlighted AI's potential to democratize institutional-grade trading tools for retail users, citing his own use of AI assistants for order book analysis. Since taking over as CEO in April 2026, Usi has prioritized transparency, with MEXC publishing monthly Proof of Reserves reports (August ratios: USDT 115%, USDC 114%) and planning to expand its Guardian Fund from $100 million to $500 million over two years, including a recent acquisition of 1,000 BTC.
11:35
Japan's Onomichi Dockyard to begin producing uncrewed surface vessels, aiming to supply them to the Self-Defense Forces and the U.S. military
Japan's Onomichi Dockyard to begin producing uncrewed surface vessels, aiming to supply them to the Self-Defense Forces and the U.S. military, as part of a push by midsize commercial shipbuilders into dual-use technologies. The company will build smaller craft developed by American startup Bulwark Dynamics.
11:30
Argentine President Milei reiterated his country's sovereignty claim over the Falkland Islands and ordered an investigation into 45 entities suspected of illegal oil and gas exploration. This follows former US President Donald Trump's previous statement that he was reviewing the islands' status.
Argentine President Javier Milei reiterated the country's claim to sovereignty over the Falkland Islands (known as the Malvinas Islands in Argentina), stating that "winds of change" favor Argentina. The Argentine presidential office issued a statement last Friday, announcing it had ordered the initiation of procedures to investigate and penalize 45 entities "related to oil and gas exploration and exploitation around the Falkland Islands." This follows former US President Donald Trump's statement that the US was reviewing its position on the Falkland Islands and threatening to oppose the UK's sovereignty over the South Atlantic archipelago if Britain did not increase NATO defense spending. UK Defence Secretary Wes Streeting and Foreign Secretary Ed Miliband both reaffirmed Britain's "unwavering" commitment to the Falkland Islands and emphasized the islanders' right to choose to be British citizens. Rockhopper Exploration and Navitas Petroleum responded last Friday, stating they would continue to advance the Sea Lion deepwater oil field project, which is expected to commence production in 2028.
11:29
Polish prosecutors charge fifth suspect in crypto exchange BitBay (rebranded as Zondacrypto) collapse probe, with customers facing at least $94 million in losses
Polish prosecutors have charged Roman Ż., a former business partner of BitBay founder Sylwester Suszek, with fraud and another undisclosed offense. This marks at least the fifth person charged in the widening investigation into the collapse of the crypto exchange, which rebranded as Zondacrypto in 2021. The exchange stopped trading in April after customers reported frozen withdrawals, leading to estimated losses of at least 350 million zlotys ($94 million). The probe has been extended into next year, and authorities have frozen 4 million euros in one bank account. The case is also linked to Suszek's disappearance in March 2022.
11:27
Senator Bernie Sanders and Representative Greg Casar propose legislation to permanently ban artificial superintelligence and temporarily pause advanced AI development
The proposed bill, announced on September 3, would also direct the United States to pursue international agreements and establish penalties for violations. The legislation could impact companies like Microsoft and Amazon, which finance frontier AI models, sell cloud compute, and build their own AI products. A broad definition of advanced AI could delay model releases, strand capacity, or raise compliance costs for these companies.
11:26
Caterpillar's Power Generation Backlog Surges 92% to Over $72 Billion in Q2 2026, Driven by AI Boom and Data Centers
Caterpillar's Power & Energy segment backlog reached over $72 billion in the second quarter of 2026, marking a 92% year-over-year increase. This growth is primarily attributed to strong demand for large generator sets and turbines, driven by the AI boom and data center expansion. The company plans to restart production of its 10-megawatt gas engine platform, bringing about 1.5 gigawatts of capacity back online, with shipments expected to begin before year-end. Approximately 59% of the backlog is anticipated to be delivered in the next year, with orders extending through 2030, indicating a decoupling from traditional construction cycles.
11:21
The GreenWood Investor, in its Q2 2026 investor letter, expressed optimism about Jack in the Box (JACK) following the board's appointment of Mark King as interim CEO to reverse same-store sales.

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