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9/8
10:46
Micron Technology (MU) Surged in Q2 2026 as High-Bandwidth Memory Demand for AI Accelerated, Impax Fund Says
Impax US Sustainable Economy Fund highlighted Micron Technology as a material contributor to its Q2 2026 performance, noting the stock surged due to sharply accelerating demand for high-bandwidth memory (HBM) in AI training and inference applications. The data center build-out by hyperscale providers significantly uplifted Micron's pricing power and volume outlook, leading the company to revise its forward guidance meaningfully higher. Micron Technology (NASDAQ:MU) closed at $1,016.59 per share on September 4, 2026, with a one-month return of 18.07% and a 52-week gain of 673.31%, reaching a market capitalization of $1.15 trillion.
10:43
U.S. Treasury Sanctions 27 Iranian Airlines and Other Entities, Warns of Global Financial System Cut-off
The U.S. Treasury Department on Tuesday sanctioned 27 Iranian airlines and a handful of other entities as part of its ongoing "Operation Economic Outcast" to isolate Iran's economy. Treasury Secretary Scott Bessent warned that anyone doing business with these newly sanctioned airlines is at risk of being cut off from the global financial system, as the war spreads and places more pressure on global energy prices.
10:34
Mexico's August light vehicle production fell 1.4%, while exports rose 1.3%
According to new data from INEGI, Mexico's light vehicle production in August totaled 344,940 units, a 1.4% decline year-over-year. Exports increased by 1.3% to 300,475 vehicles. General Motors was the largest producer and exporter, with production up 18.1% and exports up 16.8%.
10:24
"Big Short" Burry Avoids AI Stocks, Heavily Invests in Undervalued Equities
Michael Burry, founder of Scion Asset Management, has revealed his latest portfolio, showing a significant shift towards heavily weighting out-of-favor stocks rather than chasing AI giants. His largest holdings include call options on UnitedHealth (UNH), accounting for 18.88% of the portfolio, followed by Regeneron Pharmaceuticals (REGN) call options (18.16%) and Lululemon (LULU) call options (16.43%).

Burry believes that companies such as UnitedHealth, Lululemon, Estée Lauder, and JD.com are significantly undervalued, and he is betting on a strong rebound for these stocks. He described Lululemon as "shockingly cheap," and despite its stock price falling 52% year-to-date, he is bullish on the company's strong balance sheet and near-zero debt. Regeneron Pharmaceuticals reported non-GAAP earnings per share of $14.29 in the second quarter, significantly exceeding the consensus estimate of $8.00.
10:24
IREN Surges 7% on Conditional ERCOT Status for 2GW Sweetwater Hub, Applied Digital Climbs 6%
IREN Limited (NASDAQ:IREN) shares surged 7% after its 2GW Sweetwater Hub in Texas received conditional inclusion as Base Load in the Electric Reliability Council of Texas (ERCOT) Batch Zero process, an early review step for facilities expected to draw very large amounts of electricity. The company stated that grid interconnection is emerging as the scarcest input in the AI compute buildout. In sympathy with the AI data center trade, Applied Digital (NASDAQ:APLD) shares also climbed 6%. IREN CEO Daniel Roberts noted that new grid capacity is “the scarcest input in this entire industry,” with active pricing discussions running near $25 million per MW.
10:23
The Motley Fool Analyst: Broadcom's AI Hardware Business Shows Strong Growth, Raising FY2027 AI Semiconductor Revenue Guidance to $115 Billion
The Motley Fool analyst Keithen Drury wrote that Broadcom is a smarter investment choice than Advanced Micro Devices (AMD) in the AI hardware sector. The analysis indicates that Broadcom's AI semiconductor revenue reached $16.7 billion in the third quarter of fiscal year 2027 (ending August 2), a year-over-year increase of 221%. The company also raised its AI semiconductor revenue guidance for fiscal year 2027 from $100 billion to $115 billion, with an expectation to double to $230 billion in 2028. The analyst believes that Broadcom has strong growth momentum in custom AI chips and a more attractive valuation compared to AMD.
10:22
U.K. Sells £4.25 Billion ($5.75 Billion) Long-Term Debt at Highest Yield Since 1998
10:20
Lookonchain: An Ethereum OG Whale Sold 11,023 ETH ($27.23M) via Wintermute
10:19
Kremlin: Putin Tells Trump Russia Has No Hostile Plans for Europe
10:17
Lookonchain Monitoring: On September 8, Bitcoin ETFs saw a net inflow of $31.07 million, while Ethereum ETFs experienced a net outflow of $48.34 million.
Lookonchain monitoring data shows that as of September 8, Bitcoin ETFs saw a single-day net inflow of 398 Bitcoins (approximately $31.07 million), with a cumulative net inflow of 8,937 Bitcoins (approximately $698.42 million) over the past 7 days. During the same period, Ethereum ETFs experienced a single-day net outflow of 19,667 Ethereums (approximately $48.34 million), while recording a cumulative net inflow of 15,939 Ethereums (approximately $39.18 million) over the past 7 days.
10:15
US Investment-Grade Bond Market Sees Quietest Post-Labor Day Rush in Six Years Amid Fresh Volatility
10:13
Stewart Asset Management: Lumentum Holdings Benefits from AI Infrastructure Spending, Small Investment Made
Stewart Asset Management stated in its Q2 2026 investor letter that it has made a small investment in Lumentum Holdings (Nasdaq: LITE), a leader in optical networking. The firm believes that AI infrastructure spending is driving an optical upgrade cycle, from which Lumentum Holdings is poised to benefit.
10:13
Spanish agri-food giant Grupo Fuertes acquires Jamones Albarracín, officially entering the ham processing sector.
Spanish agri-food giant Grupo Fuertes announced on September 7 its acquisition of Jamones Albarracín, a Spanish ham processing company, marking its official entry into the ham processing sector. This acquisition aims to strengthen Grupo Fuertes' core business. Jamones Albarracín, headquartered in Teruel, specializes in the curing, drying, and aging of ham, operating three production plants with a curing capacity of 4 million pieces. Grupo Fuertes stated that Jamones Albarracín will continue to operate under its existing model, with plans for post-acquisition investments to expand and modernize facilities and increase production capacity.
10:12
Rio Tinto plans to take over the Aurukun bauxite project in Queensland, Australia, from a joint venture between Glencore and Mitsubishi Development.
Rio Tinto announced plans to take over the Aurukun bauxite project in Queensland, Australia, from a joint venture between Glencore and Mitsubishi Development. The transaction is subject to approval from the Queensland government and other Australian regulatory bodies.
10:12
Yahoo Finance: Musk's Trillionaire Status Vanishes, Unlikely to Recover This Year as Tesla Stock Falls 21% YTD
Yahoo Finance reports that Elon Musk's trillionaire status, which he briefly achieved in early June, has vanished and is unlikely to be recovered this year. According to the Bloomberg Billionaires Index, Musk's current net worth is just over $900 billion. This is primarily due to the poor stock performance of his companies, with Tesla's stock price down 21% this year and SpaceX down 8% since its IPO.
10:11
Banks Offer €2.8 Billion Debt Sale for Nestle Water Buyout
10:08
Pivotal Research Group analysts initiate coverage of SpaceX with a "Buy" rating and a $220 price target, citing Starship reusability as key.
Pivotal Research Group analyst Jeffrey Wlodarczak stated in a Tuesday report that SpaceX's ability to achieve high valuations hinges almost entirely on the reusability of its Starship, specifically its capacity for 20-50 flights per vessel with rapid, low-cost refurbishment. He believes that solving this core engineering challenge would significantly reduce space launch costs, unlocking massive market opportunities, including Starlink securing a significant share in the wireless industry and establishing a space monopoly. Despite SpaceX reporting a loss in its first earnings report post-listing, with Q2 capital expenditures reaching an unexpected $18.4 billion, and no specific guidance provided for 2026, Wall Street analysts are generally optimistic, with approximately 80% of sell-side analysts issuing "Buy" or "Strong Buy" ratings.
10:07
PIB Group Finalises Second Romanian Acquisition with CND Broker, Financial Terms Undisclosed
10:07
Docusign (NASDAQ: DOCU) stock is considered a buy-the-dip opportunity after a 78% drop from its peak, with analysts believing its AI-driven IAM platform could turn the tide.
Docusign's stock price has fallen 78% from its peak in late 2021, closing at $68.41 last Friday (September 4). Analysts noted that the company's newly launched Intelligent Agreement Management (IAM) platform, which uses artificial intelligence (AI) to optimize contract management processes, is gaining traction with customers. Docusign reported revenue of $875.7 million for the second quarter of fiscal year 2027 (ended July 31), a 9% year-over-year increase, and GAAP net income of $77.7 million, up 23% year-over-year. Management expects IAM to contribute approximately 18.5% of total Annual Recurring Revenue (ARR) by the end of fiscal year 2027, significantly higher than 2.3% at the end of fiscal year 2025.
10:02
The Dow Jones Industrial Average is down 1.06% today, currently at 52,849.39.
10:02
Graphene Manufacturing Group expands sales push into Asia Pacific
Graphene Manufacturing Group (GMG) has launched a dedicated Asia Pacific sales team to drive business development across India, South Korea, Japan and Singapore, building on its existing operation in Australia. The team has been engaging with customers and channel partners across the region since early 2026.
10:02
OPEC's crude oil output declined in August, ending a two-month recovery, as conflict threatened Saudi export routes, a Bloomberg survey showed.
10:01
Saudi and Russian Foreign Ministers discuss political cooperation, Houthi attacks on Saudi Arabia, and regional confrontation at Moscow press conference
The discussion at the joint press conference covered key topics including political cooperation with Russia, Houthi attacks on Saudi Arabia, and the confrontation involving Washington, Tel Aviv, Tehran, and the Gulf states.
09:59
Senegal to Negotiate Debt Reprofiling with Creditors to Make Loans Sustainable for IMF Program
Senegal will seek to negotiate a debt reprofiling instead of a restructuring in talks with creditors as the West African nation moves to make its loans sustainable to qualify for an International Monetary Fund program.
09:57
Torrent Green Energy commissions 322MWp of solar projects in India
Torrent Green Energy, a wholly owned subsidiary of Torrent Power, has commissioned 322MW-peak (MWp) of decentralized, ground-mounted solar power projects in Nashik, Maharashtra, India. These installations span 50 locations and are part of the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 scheme, designed to supply electricity to the Maharashtra State Electricity Distribution Company (MSEDCL) under a 25-year power purchase agreement (PPA).
09:57
Analysts Question Salesforce's Q2 EPS Beat, Citing One-Time Investment Gains and Modest FY27 Cash Flow Growth Guidance
Salesforce (NYSE:CRM) reported fiscal second-quarter results on August 26, 2026, with non-GAAP earnings per share (EPS) of $5.90, an 80.36% surprise against consensus. However, analysts note that $2.53 per share of this beat was attributed to $2.6 billion in one-time net gains on strategic investments, masking flat operating income despite 11% revenue growth. The company's Agentforce annual recurring revenue (ARR) surpassed $1.5 billion, up 240% year-over-year, but its full-year FY27 cash flow growth guidance remains modest at 4% to 5%.
09:48
JPMorgan Chase: We do not recommend simply shorting the US dollar. A better option is to go long on the US dollar and short low-yielding currencies such as the Swedish Krona, New Zealand Dollar, and Canadian Dollar.
JPMorgan Chase's latest analysis indicates that the U.S. dollar offers strong real yield protection in a global inflationary environment, with the U.S. real policy rate close to 2%. The dollar's yield advantage over other global currencies is at a nearly four-decade high, and it is estimated to be undervalued by approximately 3% to 4% against its fair value. The bank recommends going long on the U.S. dollar in the foreign exchange market and shorting currencies with low real yields and sensitivity to economic cycles, such as the Swedish Krona (SEK), New Zealand Dollar (NZD), and Canadian Dollar (CAD). The Japanese Yen is a major exception, as potential rebalancing by Japan's Government Pension Investment Fund (GPIF) and normalization of Bank of Japan policy could generate buying interest.
09:42
CoinDesk: AI Becomes Primary Target for Bitcoin Layer-2 Scaling Solutions, Recent Security Incidents Highlight Complexity Paradox
CoinDesk reported that recent major security incidents involving Bitcoin infrastructure have raised concerns that artificial intelligence (AI) could significantly lower the cost of discovering deep vulnerabilities in financial software. These incidents include the theft of approximately $114 million in Bitcoin from a Coldcard wallet, Core Lightning developers issuing an emergency patch after an AI-generated security report identified a vulnerability, and Blockstream's Liquid Network being exploited by a white-hat hacker, leading to the extraction of about 4,000 Bitcoin (worth approximately $317 million), although 3,400 of them have since been returned.

These vulnerabilities highlight a paradox in Bitcoin's design: the main layer is deliberately kept simple to minimize risk, but smart contracts and off-chain scaling layers (Layer-2s) developed to introduce more utility and speed bring more complex and potentially more vulnerable codebases. Furthermore, AI is being used extensively for vulnerability hunting. In August, 16 Bitcoin developers used AI models to scan 390 Bitcoin projects, finding nearly 5,000 issues, 85 of which were rated as critical. Gregory, a Bitcoin application developer, noted that AI is finding vulnerabilities that humans cannot, and it has changed the risk paradigm for older financial software; even unused old code could pose a renewed threat due to the reduced cost of AI reading it.
09:41
OPEC+ has paused its production increase, but its control over oil prices is weakening due to disruptions in the Strait of Hormuz and member withdrawals. Diesel prices have hit a new all-time high.
OPEC+ held a virtual meeting on Sunday, September 6, deciding to keep oil production targets for October at the same level as September, ending six consecutive months of increases. However, analysis indicates that OPEC+'s influence on the physical oil market is now very limited due to the effective closure of the Strait of Hormuz since the conflict erupted on February 28, leading to a significant drop in shipping volumes, and the UAE's withdrawal in May. Consequently, on September 6, the average price of U.S. diesel reached a record high of $5.897 per gallon, and gasoline prices also rose significantly. High oil prices are pushing up inflation and may strengthen the Federal Reserve's case for an interest rate hike later in September.
09:41
Bank of America Data: 15-Year-Plus US Treasuries Post -2% Annualized Returns Over Past Decade, Worst Since 1936; Analysts Eye Generational Buying Opportunity
Bank of America data shows 15-year-plus US Treasuries recorded roughly -2% annualized returns over the past 10 years, marking their worst performance since 1936. Over the same period, US stocks returned 15% annually, while the iShares 20+ Year Treasury Bond ETF (TLT) dropped over 26% from its early-2020 peak. Analysts suggest that the current higher yields, which previously crushed existing bondholders, now offer new buyers increased income and a stronger cushion against further rate increases, potentially signaling a generational buying opportunity.

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