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9/9
13:37
Bitcoin miners underperformed during the crypto market rebound, with only Canaan outperforming Bitcoin; crypto exchanges and stablecoin-related companies performed on par with Bitcoin.
Since August 17, Bitcoin's price has risen by approximately 22%, while the stock performance of crypto exchanges and stablecoin-related companies has kept pace with Bitcoin. However, Bitcoin miners have underperformed, with a median return of only 1.8% among the tracked companies. Among them, only Bitcoin mining machine manufacturer Canaan (CAN) outperformed Bitcoin, while Core Scientific (CORZ) and Terawulf (WULF) underperformed Bitcoin by 27% and 24%, respectively.
13:36
Experts at Nordic Life Science Days suggest China's biopharma rise may be plateauing due to oversupply and rising prices
A panel of pharma representatives and analysts at the 2026 Nordic Life Science Days meeting in Stockholm noted that while licensing deals between US and Chinese biopharma companies hit record highs in 2024, increasing 280% from 2020, there's now an oversupply of mechanistically similar Chinese drugs struggling to find overseas buyers. Additionally, Chinese candidate drug prices have significantly increased, leading to a slowdown in demand, with other Asian regions like India potentially becoming the next market expansion focus.
13:36
Jim Cramer Says Alphabet (GOOGL) Is an 'Exceptional Opportunity' Despite Lagging Market, Citing Strong Cloud Growth and Undervalued 17x Earnings
Jim Cramer stated on the September 3 episode of Mad Money that Alphabet (GOOGL) is an exceptional opportunity, despite its stock only rising 9% year-to-date. He highlighted Google Cloud's robust growth, with sales surging 82% in Q2, making it a major profit driver alongside YouTube and Waymo. Cramer noted the stock trades at roughly 17 times earnings, which he considers unusually low and an undervaluation of the company's operations. While acknowledging massive capital expenditures (nearly $45 billion in Q2 for data centers and AI hardware) as a potential short-term risk, he emphasized the company's long-term competitive edges. Hedge fund interest in Alphabet also increased in Q2, with 275 funds holding the stock.
13:36
ODDITY (ODD) Q2 revenue declined by 25% due to advertising algorithm issues, with the company prioritizing fixes and planning for IL MAKIAGE to resume growth by 2027.
ODDITY (ODD) stated on its Q2 2026 earnings call that a 25% revenue decline for its flagship brand, IL MAKIAGE, was due to an "algorithmic misalignment" with its largest advertising partner, leading to a sharp increase in customer acquisition costs (CPA). The company is prioritizing a technical fix and plans for IL MAKIAGE to return to growth in 2027. Meanwhile, new brand SpoiledChild is projected to achieve $350 million in revenue in 2026, and the launch of METHODIQ marks a strategic shift towards the convergence of "beauty and medicine," expected to surpass SpoiledChild's first-year revenue performance. The company has repurchased 11.7 million shares year-to-date and bought back $50 million in zero-coupon convertible notes for $35 million.
13:35
Jim Cramer calls Amazon (AMZN) a "screaming buy" due to its AI potential, citing CEO Andy Jassy's comments on immense AI profits and NVIDIA's GPU efficiency.
During a September 3 episode of Mad Money, Jim Cramer highlighted Amazon's strong position in AI, referencing CEO Andy Jassy's remarks about significant future profits from AI investments and data centers. Cramer also noted the company's $50 billion semiconductor business and the potential for Amazon Web Services (AWS) to generate four times the cost of its NVIDIA GPU purchases, suggesting the stock is currently undervalued at around 20 times this year's earnings. AWS revenue surged 37% year-over-year to $42.2 billion in Q2, with operating income reaching $16.6 billion, driven by companies shifting to AI workloads. However, some on Wall Street are concerned about Amazon's balance sheet, with long-term debt increasing to nearly $129 billion by mid-2026 and full-year capital expenditure guidance climbing to around $220 billion, raising questions about aggressive spending.
13:35
Aave V4 Deposits Cross $900M, Nearing $1B Milestone Less Than Six Months After Mainnet Debut
Aave's V4 deposits have seen roughly 131% growth over the past 30 days alone, with active loans recently topping $250M for the first time. This early traction for new infrastructure remains a small fraction of Aave's roughly $30B supplied across V3 and +20 chains.
13:35
Apple stock surged 2,280% under Tim Cook's 15-year tenure as CEO, turning a $10,000 investment into over $284,000.
Tim Cook served as Apple CEO from August 24, 2011, until his resignation on September 1, 2026. During his leadership, Apple's market capitalization grew from approximately $350 billion to over $4.6 trillion.
13:35
U.S. DOJ issues second request in Fox's $22 billion acquisition of Roku
The U.S. Department of Justice (DOJ) on Tuesday issued a second request for additional information regarding Fox Corp.'s planned $22 billion acquisition of streaming platform Roku. This action extends the waiting period for the deal's antitrust review, which was signed on June 14, 2026. Both companies stated they intend to cooperate fully and still expect the merger to close in the first half of 2027. The heightened scrutiny stems from competitor concerns about how a Fox-controlled Roku might handle content discovery, advertising data, and home-screen positioning for rival services.
13:33
Porsche Raises €1 Billion With Completion of Bugatti Stake Sale
13:31
Apple's iPhone 18 Pro starts at $1,199, iPhone 18 Pro Max starts at $1,299.
13:29
63.73 million USDC (approximately $63.73 million) burned on-chain.
13:24
Cognyte Software Ltd. Q2 2027 software revenue increased by 21% year-over-year, and full-year revenue guidance narrowed to approximately $448 million.
Cognyte Software Ltd. announced its Q2 FY2027 earnings call summary, highlighting a 21% year-over-year increase in software revenue, significantly outpacing total revenue growth. This reflects the company's transition towards high-quality, scalable revenue streams. Management attributed the strong performance to increased government demand for national security, border security, and public safety. The company reiterated its confidence in achieving the FY2028 revenue target of $500 million and appointed Adam Philpott as Chief Revenue Officer. Cognyte also strategically invested in inventory to mitigate supply chain risks and price increases, and anticipates signing $20 million in federal and state/local agency agreements in the U.S. market this fiscal year.
13:22
Newly Declassified Documents Show Spain's CNI Intelligence Agency Warned Madrid and Moroccan Authorities One Day Before Over 70,000 Migrants Crossed into Ceuta
Newly Declassified Documents Show Spain's CNI Intelligence Agency Warned Madrid and Moroccan Authorities One Day Before Over 70,000 Migrants Crossed into Ceuta. The CNI had flagged social-media groups with 180,000 followers discussing plans to storm the border. These disclosures could increase scrutiny over whether authorities did enough to prevent the crossing, although Foreign Minister José Manuel Albares stated officials had no warning of such a massive surge.
13:21
Apple says iPhone 18 Pro Max has the largest increase in battery life ever on iPhone
13:20
OpenAI names top US AI safety official to foundation board
OpenAI has appointed a top US AI safety official to its foundation board. This appointment comes as AI labs, including OpenAI, face accusations of regulatory capture, and the new board member is a former housemate of Anthropic's chief executive.
13:17
Apple's A20 Pro chip features seven GPU cores
13:16
Apple announces A20 Pro chip based on 2nm technology
13:15
Apple's updated Siri will not be available in the EU and China
13:14
Johnson & Johnson Acknowledges EP Market Competition, Expects China's VBP to Impact Market
Johnson & Johnson (JNJ) MedTech Chairman Tim Schmid acknowledged competitive pressure in the electrophysiology (EP) market, particularly in international and Asia-Pacific markets including China. He anticipates China's volume-based procurement (VBP) program will eventually affect the EP market, potentially later this year and into 2027, and plans to add one meaningful pulsed field ablation (PFA) catheter annually for the next three to five years.
13:14
Johnson & Johnson Plans Orthopedics Business Separation by Mid-2027, OTTAVA Surgical Robot Showing Positive Feedback
Johnson & Johnson (JNJ) MedTech Chairman Tim Schmid noted the planned separation of the company's orthopedics business, expected around mid-2027, with various separation structures being evaluated. He also reported "resoundingly positive" feedback for the newly FDA-approved OTTAVA surgical robot system, with pilot launch sites being selected and more details expected at the December 8 Investor Day.
13:14
Johnson & Johnson MedTech Chairman Tim Schmid: Confident in High-End Growth, Cardiovascular to Be Largest Business by Q1 2027
Johnson & Johnson (JNJ) MedTech Chairman Tim Schmid stated the company is confident in achieving the high end of its 5% to 7% operational market-growth range for 2022-2027. He highlighted a portfolio shift towards cardiovascular products, which are expected to become the company's largest and fastest-growing MedTech business by the first quarter of next year, driven by acquisitions like Abiomed and Shockwave.
13:14
Optical Cable (OCC) Q3 sales rose 22% to $24.3M, net income $1.9M ($0.21/share), driven by strong demand in enterprise, data center and specialty markets, despite supply constraints.
13:12
Donald Trump's former Middle East envoy, Steve Witkoff, disclosed earning over $100 million from entities related to Trump's cryptocurrency ventures.
Steve Witkoff, a former Middle East envoy for Donald Trump, received over $100 million from entities holding his stake in World Liberty Financial, a new financial disclosure shows. This income included nearly $69 million in cash and $38 million in cryptocurrency. World Liberty Financial is a crypto company Witkoff co-founded in 2024 with Donald Trump and his family.
13:10
Japan plans to develop drone-based quantum sensors for submarine detection
The Defense Ministry's fiscal 2027 budget request shows Japan aims to achieve domestic mass production of the device, citing China's increasing naval activity in nearby waters.
13:07
ECB President Lagarde urges Europeans to 'choose each other' and build Europe to enhance sovereignty and growth, citing savings and investment union and digital euro
13:07
J.Jill, Inc. Q2 2026 Performance Improves, Boosted by $13.3 Million Tariff Refunds
The company reported a meaningful recovery in its full-price business across physical stores and direct channels. Inventory levels ended the quarter down 5% year-over-year. Management is consolidating the 'Wearever' sub-brand, investing in high-growth categories like Luxe Lounge and denim, and implementing AI-enabled merchandise planning. The updated full-year outlook assumes sequential improvement, with estimated tariff rates of 10% to 12.5% for landed goods in H2 2026.
13:03
Bank of America maintains a "Buy" rating and a $380 price target for Apple, projecting $477 billion in revenue for fiscal year 2026.
Bank of America analyst Wamsi Mohan maintained a "Buy" rating and a $380 price target for Apple in a report published on September 8. The price target implies an upside of approximately 20% from the closing price on September 8. The report projects Apple's fiscal year 2026 revenue to reach $477 billion, representing a year-over-year increase of approximately 15%, with earnings per share (EPS) of $8.85, up about 19% year-over-year. Additionally, the report forecasts Apple's fiscal year 2027 EPS at $9.92, surpassing the consensus estimates from Bloomberg and Visible Alpha. The analyst expects Apple to unveil three high-end iPhone models, including its first foldable phone, at its September 9 launch event, and anticipates a price increase of $150 to $200 for the Pro series.
13:03
Chainlink (LINK) is up 1% year-to-date, the only one of four cryptos with positive returns in 2026; XRP, Cardano, Dogecoin are down 24%, 34%, 22% respectively.
13:03
Brent crude oil rose 3.4% to break above $101. Goldman Sachs stated that if the US military continues to strike Iranian oil tankers, oil prices could rise to $120.
Brent crude prices rose about 3.4% to $101.25 on Wednesday, breaking above $101 for the first time since July, after U.S. forces destroyed five Iranian oil tankers on Tuesday. Goldman Sachs analysts said a rise in Brent crude prices to $120 is "reasonable" if U.S. forces continue to strike Iranian oil tankers.
13:03
The U.S. Treasury repurchased $6 billion in long-term government bonds, but the market was not impressed, with the 10-year Treasury yield still rising to 4.85%.
The U.S. Treasury announced it would repurchase up to $6 billion in long-term government bonds, triple the usual amount, but the market remained unconvinced. On Wednesday, the 10-year Treasury yield still rose by about 4 basis points to around 4.85%, and the 30-year Treasury yield surpassed 5.3%. Previously, U.S. Treasury Secretary Scott Bessent had pledged on August 19 to at least double the repurchase size.

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