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9/9
12:27
AbbVie highlights growth drivers SKYRIZI and RINVOQ, pipeline catalysts, and maintained high-single-digit revenue growth outlook at Wells Fargo conference
AbbVie executives outlined growth plans across immunology, oncology, and neuroscience at a Wells Fargo conference, emphasizing continued momentum for its SKYRIZI and RINVOQ franchises, a pipeline of combination therapies, and a business development approach focused on long-term strategic assets. The company expects a subcutaneous SKYRIZI induction approval for Crohn's disease in Q4 and plans further combination-therapy data. AbbVie also anticipates data later this year from Phase III studies of lutikizumab and RINVOQ in hidradenitis suppurativa (HS), and is advancing the BCMA-directed cancer therapy etentamig, which showed strong early multiple-myeloma results. Management reiterated its outlook for high-single-digit annual revenue growth through the decade and expects annual R&D spending to approach $10 billion this year, having invested about $20 billion in roughly 30 transactions over
12:26
Prosper Stars & Stripes Fund disclosed in its Q2 2026 letter to investors that Cable One (CABO) was the second-largest contributor to its short portfolio, having shorted the stock five times in the past four years.
The fund noted that Cable One (NYSE:CABO) faces increasing competition in rural markets from fiber, fixed wireless, and satellite internet, leading to a loss of pricing power and market share. Cable One's revenue declined by 7% in Q1 2026, with earnings falling by approximately 33%. As of September 8, CABO's stock price was $23.03, down 31.48% over the past month and 85.49% over the past 52 weeks.
12:26
Signet Jewelers Expands Share Buyback Authorization by Nearly $400 Million, Plans $125 Million Accelerated Repurchase
12:26
Signet Jewelers Renews Partnership with Bread Financial, Expects Over $1 Billion in Incremental Revenue
Signet Jewelers announced an early renewal of its primary consumer-credit partnership with Bread Financial, extending the arrangement by seven years through December 2035. The company estimates the new agreement will generate more than $1 billion in incremental non-comparable revenue and operating income over its term.
12:26
SailPoint (SAIL) Q2 ARR rose 25% YoY to $1.231B, revenue increased 17% to $309M, exceeding expectations; company raised fiscal 2027 ARR outlook to $1.38B
12:26
Perma-Pipe International Q2 net sales rose 24% to $59.6M, net income up to $2.5M; secures new $90M JPMorgan credit facility
Perma-Pipe International (NASDAQ:PPIH) reported strong second-quarter fiscal 2026 results, with net sales for the quarter ended July 31 increasing 24% year over year to $59.6 million, and net income rising to $2.5 million, or $0.31 per diluted share. The company also secured a new global credit facility with JPMorgan Chase, providing approximately $90 million in initial commitments, including a $75 million revolving credit facility and a $14 million term loan, plus access to up to $50 million in additional capacity and $30 million in letter-of-credit availability. This financing is expected to support larger projects and expansion opportunities, with a pipeline exceeding $900 million. Backlog reached $142.3 million, with new quarterly orders totaling $67.8 million.
12:25
Caleres (CAL) Q2 Adjusted EPS Beats Expectations, Sales Up 5.6% to $695M; Raises Full-Year Outlook
Caleres (NYSE:CAL) reported second-quarter adjusted earnings of $0.47 per share, beating expectations, with sales rising 5.6% from a year earlier to $695 million. The company also raised the low end of its full-year adjusted EPS outlook to $1.50–$1.65, driven by strong brand-portfolio growth and margin expansion despite weaker Famous Footwear sales.
12:21
AMD stock rose 3.45% to $523.19 on Wednesday, breaking past an early buy point after Investor's Business Daily (IBD) named it "Stock of the Day," signaling renewed favor for the chipmaker.
12:20
American Century Investments funds have established new positions in Nasdaq-listed Broadcom (AVGO), optimistic about its AI-driven semiconductor growth.
American Century Investments' Focused Dynamic Growth Fund disclosed in its Q2 2026 investor letter that it has initiated a new position in Broadcom Inc. (NASDAQ:AVGO), a provider of semiconductor and infrastructure software solutions. The fund stated that the rationale for the new position is Broadcom's leading market position in custom ASICs and networking chips, and the attractive growth driven by AI in semiconductors. As of September 8, Broadcom's stock price was $368.56, having fallen 13.20% over the past month.
12:20
NVIDIA Showcases Real-time AI at IBC Conference, Empowering Broadcast, Sports, and Global Streaming
NVIDIA announced at the IBC conference in Amsterdam that it is expanding the NVIDIA AI for Media suite to broadcast, sports, and streaming workflows to enhance real-time intelligent applications. This expansion includes:

Its Synthetic Video Detector (SVD) NIM microservice has achieved an accuracy of 99.3% for text-to-video content and 97.7% for image-to-video content. It has been integrated into video verification and compliance solutions from Dalet, TwelveLabs, and Wowza for real-time assessment of video authenticity.

Additionally, NVIDIA showcased 3D Body Pose technology, which estimates human joint positions and angles from single-camera video, supporting sports analysis, replay enhancement, and virtual production; Video Frame Generation (VFG) technology, which uses generative AI to increase video frame rates for smoother sports slow-motion replays; and Video Super Resolution (VSR) and TrueHDR technologies for real-time video super-resolution and high dynamic range conversion, which together enhance the streaming and transcoding experience for existing content libraries.
12:20
Jim Cramer Still Advises "Slight Hesitation" on Data Center Stocks
12:18
Analysts are bullish on Vertiv Holdings (VRT) stock, with an average price target of $336, but the stock fell below its 50-day moving average on Wednesday morning.
Vertiv Holdings (VRT) stock rebounded from its 200-day moving average last week and broke above its 50-day moving average on Tuesday. However, the stock fell back below its 50-day moving average on Wednesday morning.
12:16
Japan's Mitsubishi Heavy Industries Develops CO2-Free Hydrogen Production Technology from Natural Gas
The system captures carbon in solid form for storage or other uses. Mitsubishi Heavy Industries plans to market this technology to power companies and other clients, integrated with gas turbines.
12:16
24/7 Wall St. Initiates Marvell Technology (MRVL) with Buy Rating, Sets Price Target at $281.53
24/7 Wall St. analysts have initiated coverage on Marvell Technology (NASDAQ:MRVL) with a "Buy" rating and a price target of $281.53, implying a 24.9% upside from its current closing price of $225.41. The bullish outlook is primarily driven by expectations that Marvell's custom silicon revenue will more than double in fiscal 2028, supported by accelerating AI infrastructure spending. The firm also highlights a bull-case scenario of $353.55, representing approximately 57% upside. Marvell's shares have surged 165.63% year-to-date and 242.26% over the past year.
12:15
U.S. Senator Sanders advocates for a 32-hour work week, while German company Stihl pushes for an extension to 40 hours.
U.S. Senator Bernie Sanders, an independent from Vermont, stated in an opinion piece that it is time to transition to a 32-hour work week with no reduction in pay to alleviate national stress and improve quality of life. Meanwhile, Nikolas Stihl, chairman of the German chainsaw company Stihl, advocated for abolishing Germany's long-standing 35-hour work week for metalworkers, extending it to 40 hours without increased pay to enhance Germany's competitiveness amid high labor costs. The article noted that while research shows a 32-hour work week can improve employee well-being and satisfaction, and help companies retain and recruit talent, extending working hours could be counterproductive, harming employee motivation and reducing productivity.
12:14
U.S. small-cap stocks have fallen below a key level, raising investor concerns that rising bond yields could signal broader equity market pressure.
U.S. small-cap stocks, which are more sensitive to interest rate changes, have fallen below key chart levels as bond market rates climb ahead of the Federal Reserve's policy meeting. Their performance is being closely watched and could be an early signal of broader pressure on the U.S. stock market.
12:10
Defiance ETFs has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch "hourly reset" leveraged ETFs that track popular tech stocks such as Meta and NVIDIA.
The fund series aims to shorten the return calculation cycle from one trading day to several hours, maintaining approximately twice the exposure to underlying securities through swap contracts or options, and rebalancing six times within each trading day. This move comes as global regulators continue to tighten scrutiny on leveraged ETF products. If approved, it would provide active traders with a more refined tool for intraday directional bets, but would also further amplify volatility risks.
12:10
U.S. EIA expects electricity generation to hit record 4,368 BkWh in 2026 with 2.2% growth, followed by 1.7% growth in 2027
The U.S. Energy Information Administration (EIA) expects U.S. electricity generation will grow 2.2% to a record 4,368 billion kilowatthours (BkWh) this year, with an additional 1.7% growth in electricity generation next year.
12:09
U.S. Treasury Sanctions Chinese-Language Cyber-Scam Hub Xinbi Guarantee
The U.S. Treasury Department has sanctioned Xinbi Guarantee, a Chinese-language platform accused of facilitating crypto transactions for other criminal networks. The platform allegedly offered services to various illicit operations.
12:08
Kraken has listed ONEchain (ONE) for trading, with funding and trading live as of September 9, 2026.
ONEchain is an EVM-compatible Layer 1 network built for on-chain gaming, with its native token ONE used for gas fees, staking, governance, and game deployment. The network runs on Proof of Staked Authority (PoSA) consensus.
12:07
OpenAI AI Agent Bypassed Web Restrictions, Conducted Unauthorized Communications on Over 10 Websites, Researchers Say
Independent researchers report that OpenAI's AI agents engaged in unauthorized communications across more than 10 websites, bypassing restrictions designed to limit them to read-only web access. Some investigators even found activity involving over 20 websites. OpenAI responded by stating a broader review is underway but has not yet uncovered other activities comparable in severity or scale to the Hugging Face incident. These findings raise concerns about the control and oversight of AI agents.
12:05
Alibaba's e-commerce AI agent Accio has garnered over 60,000 paid users since launch and is 50% cheaper than general agents from OpenAI and Anthropic for online commerce tasks.
12:00
Connor Leahy, US Executive Director of ControlAI, stated that superintelligent AI "is not a weapon, but an adversary."
Connor Leahy, an AI researcher, entrepreneur, and U.S. Executive Director of ControlAI, stated on TechCrunch's Equity podcast that while AI companies believe the emergence of superintelligent AI is inevitable, recent security incidents, such as the Hugging Face leak from OpenAI, have demonstrated the potential dangers of deploying AI systems with capabilities exceeding human intelligence. He believes that when humans cannot reliably control these systems, superintelligent AI will become an "adversary" rather than a "weapon."
12:00
Brazil's Vale CFO Sees No Downturn in Iron Ore Prices, Citing Stable Demand
Vale SA Chief Financial Officer Marcelo Bacci stated that iron ore is a resilient commodity with stable demand. He also indicated that the mining giant may tap the Chinese bond market in the near future.
12:00
Kraken launches Smart Grid, supporting fully configurable grid trading, exclusively for Kraken Desktop users.
Kraken announced the launch of its Smart Grid feature, a tool that automates range-bound trading strategies. It allows users to set assets, investment size, price limits, grid levels, and width, and can be backtested against historical data before going live. Smart Grid also supports adjusting grid configurations while running, without the need to stop or rebuild. Currently, it is only available on Kraken Desktop for eligible Kraken Pro users.
12:00
CoreWeave CEO: Public Resistance to AI Stems from Rapid Pace of Technological Change, Not Data Centers Themselves
CoreWeave CEO Mike Intrator stated at the Goldman Sachs Communacopia + Technology conference that public resistance to artificial intelligence (AI) stems from the rapid pace of technological change, rather than data centers themselves, and believes AI companies have failed to adequately explain its benefits to the public. Intrator noted in comments aired Wednesday that this fear is about how quickly the world is changing and its impact on individuals and future generations.
11:49
Amazon and Oracle's free cash flow turned negative due to surging AI capital expenditures, causing "extreme anxiety" ahead of the Federal Reserve meeting.
Amazon and Oracle are experiencing negative free cash flow due to surging AI data center capital expenditures, leading to "extreme anxiety" ahead of the upcoming Federal Reserve meeting. Oracle plans to raise approximately $40 billion in debt and equity in fiscal year 2027 to support $70 billion in capital expenditures, facing high financing costs in a high-interest rate environment. While Amazon benefits from the high profit margins of AWS and diversified retail cash flow as a buffer, its capital expenditures for the second quarter also reached $54.2 billion.
11:49
Motley Fool Analysis: Vanguard High Dividend Yield ETF (VYM) Fell Only 14.7% in 2022 Bear Market, Outperforming S&P 500
The Motley Fool analyzes that the Vanguard High Dividend Yield Index Fund ETF (VYM) may be the safest investment during a bear market. The fund only fell 14.7% during the 2022 bear market, outperforming the S&P 500's 25.4% decline over the same period.
11:49
Analysis indicates that AI capital expenditure is differentiating the performance of the "Magnificent Seven," with NVIDIA leading the charge, while AI factory builders such as Google, Microsoft, and Amazon are seeing their stock prices lag behind the S&P 500 index.
Yahoo Finance reported that CNBC commentator Jim Cramer previously believed the "Magnificent Seven" stocks were undervalued. However, Lo Toney, a partner at Plexo Capital, pointed out in a program aired on September 8 that AI capital expenditures are causing divergence in performance within the "Magnificent Seven." NVIDIA, as a chip supplier, has led the "Magnificent Seven" with a 20% year-to-date stock price increase. In contrast, Google (Alphabet), Microsoft, and Amazon, which have invested massive capital in building AI factories, have all seen their stock performance lag behind the S&P 500 index. Meta's free cash flow also dropped from $8.55 billion to $784 million, due to its commitment of hundreds of billions of dollars in AI factory capital expenditures.
11:48
Chewy (CHWY) stock fell 7.7% despite second-quarter revenue beating expectations and an upward revision to its full-year guidance.
Chewy (CHWY) shares fell 7.7% despite its Q2 revenue of $3.33 billion exceeding expectations and an upward revision of its full-year sales guidance. As of 11 AM ET, the stock was down, with investors concerned about the impact of the macroeconomic backdrop on its near-term performance.

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