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9/10
10:12
24/7 Wall St. rates Micron (MU) as Hold with a $979.34 price target, implying 3.56% downside, despite a 662% one-year rally.
The analysis notes that Micron, trading at $1,000.26 as of September 8, has seen its stock surge 662.12% over the past year, driven by strong high-bandwidth memory (HBM) demand and record 84.9% gross margins. The firm's fiscal Q3 2026 revenue reached $41.46 billion (up 345.7% YoY) with non-GAAP EPS of $25.11, beating consensus. Micron has secured approximately $100 billion in floor-price agreements, with bulls targeting $1,346.88 if HBM4E ramps early. The Street's consensus price target is $1,513.11.
10:12
Amplify Top 10 Asia Memory ETF (AHBM) rose 8.65% in its first 15 trading days, driven by memory chip contract pricing cycles rather than AI ETF flows.
The Amplify Top 10 Asia Memory ETF (AHBM) closed at $26.50 on September 9, gaining 8.65% in its first 15 trading days. Yahoo Finance analysis suggests the ETF's performance is primarily influenced by memory chip contract pricing cycles, rather than AI ETF flows. Micron Technology (MU), a key player in the sector, shows an 80.4% operating margin and a forward P/E of 6, indicating the market views memory stocks as a cyclical trade rather than a growth story. Investors are advised to monitor monthly DRAM and NAND contract pricing, HBM allocation commentary from top suppliers, and capital expenditure guidance from SK Hynix, Samsung, and Kioxia.
10:11
White House to Issue $500 Obamacare Refunds to Nearly 1 Million Americans
10:09
Copper prices and Freeport-McMoMoRan (FCX) shares tumbled early Thursday amid an unclear tariff outlook from the White House and surging oil prices and government bond yields.
Copper prices and shares of U.S. copper mining giant Freeport-McMoRan (FCX) fell sharply in early trading on Thursday, after Reuters reported that the White House may not expand the scope of refined copper tariffs. Surging oil prices and U.S. government bond yields also weighed on copper and other metal prices. Silver and gold also declined.
10:08
Jim Cramer advised avoiding drone stock AeroVironment (AVAV) a week before it posted its biggest earnings beat in years.
Jim Cramer reportedly advised investors on September 2 to temporarily avoid drone manufacturer AeroVironment (Nasdaq: AVAV), citing intense competition in the defense sector. However, just seven days later, the company announced its biggest earnings beat in years. AeroVironment's Q1 FY2027 adjusted EPS was $0.59, significantly surpassing the consensus estimate of $0.25 by 138%. During the same period, its funded backlog reached a record $1.5 billion, a 37% year-over-year increase. Additionally, the company secured a $464 million LOCUST contract, the U.S. military's first directed energy system production agreement, with a cost of less than $10 per launch.
10:08
Jim Cramer Calls Medtronic (MDT) a "Quandary" as Growth Surges and Diabetes Exit Nears
On the September 8 episode of Mad Money, Jim Cramer described medical device company Medtronic (MDT) as a "quandary," noting its strong organic growth and the planned separation of its diabetes division by year-end. Medtronic reported fiscal first-quarter 2027 revenue of nearly $9.8 billion, up 13.7% organically, with non-GAAP diluted EPS rising 15.1% to $1.45. The company raised its full-year organic revenue-growth forecast to 7.25%-7.75% and increased the lower end of its non-GAAP diluted EPS guidance to $5.94. Cramer highlighted the stock's current position despite significant year-over-year business improvement.
10:07
Macy's shares fell 5% to $20.45, as investors discounted the benefit of tariff refunds despite an upward revision in its full-year outlook.
Macy's shares fell 5% to $20.45 in early Thursday trading. This came after the company reported better-than-expected second-quarter results and raised its full-year outlook. However, investors discounted the 5-cent-per-share tariff refund benefit included in the raised outlook, viewing it as a policy-driven rather than operational growth. Peers Kohl's and TJX saw little share price movement, suggesting the sell-off was specific to Macy's and not a broader re-evaluation of the retail sector.
10:07
OPEC Further Cuts 2026 Oil Demand Growth Forecast, Raises 2027 Outlook Amid Oil Prices Surpassing $100
The Organization of the Petroleum Exporting Countries (OPEC) has once again cut its forecast for global oil demand growth for 2026 to 380,000 barrels a day, down from a previous estimate of 580,000 barrels a day. This adjustment comes as escalating attacks on Gulf shipping continue to disrupt key export routes, pushing oil prices past $100 a barrel.

Conversely, OPEC raised its 2027 demand growth forecast to 2.36 million barrels a day, up from a previous estimate of 2.16 million barrels a day.
10:07
TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies on Thursday announced its Acacia-5 discovery in Block 17, made in June 2026, is expected to achieve first oil in just three months by utilizing available capacity on the nearby Pazflor FPSO. This fast-track development is projected to increase Block 17's oil production by 6,000 barrels per day (bpd). The French supermajor also signed agreements to acquire a 40% operated interest in exploration Blocks 17/25 and 32/21 in the Lower Congo Basin.
10:07
Analysts project AMD's data center revenue to double to $6.7 billion in Q2, with its stock up 143% year-to-date. CEO Lisa Su has raised revenue guidance.
Yahoo Finance analysis indicates AMD's Q2 data center revenue doubled year-over-year to $6.7 billion, with its stock price up 143.32% year-to-date. CEO Lisa Su stated on the earnings call that revenue growth is expected to "far exceed" the previous 35% target, and annual earnings per share (EPS) will "significantly surpass" $20. She also revealed securing GPU procurement commitments from companies such as OpenAI, Meta, Anthropic, and Oracle. The article suggests AMD's stock price could reach $800 by 2028, but highlights the need to monitor the planned mass production of Helios, 2027 fiscal year EPS approaching $19.96, and the sustainability of the AI capital expenditure cycle, while also cautioning against risks like escalating tariffs or China bans.
10:07
US Bond Yields Extend Climb to Fresh Multiyear Highs as Oil Advance Stokes Rate-Hike Bets for Fed Hike as Soon as Next Week
10:07
Bloomberg: Private Equity Firms' Aggressive Tactics in Corporate Distress Will Lead to a 60 Basis Point Increase in Lending Costs
10:06
Analyst Buys Apple's Dip, Citing Its Unbeatable Hardware-Services 'Two-Way Game'
The analyst stated they added to their Apple (NASDAQ:AAPL) position after shares fell 2.96% over the past week to $315.34. The investment thesis is based on Apple's unique model of selling hardware and retaining customers through high-margin Services, which recorded a 75.6% gross margin in the June quarter. Apple's Q3 FY26 revenue reached $109.42 billion, up 16.36% year-over-year, with EPS of $2.02, marking its ninth consecutive beat.
10:06
ECB's Nagel concerned about rise in Euro-sceptic parties
10:06
Russia's Crude Output Fell in August as Ukraine Steps Up Strikes on Oil Assets
Russia's production of crude oil shrank in August, lagging further behind its OPEC+ quota, after Ukraine stepped up attacks on the nation's oil assets.
10:06
Analyst Dan Ives stated that Apple's $1,999 foldable iPhone Duo is expected to contribute 20% of iPhone revenue.
Analyst Dan Ives stated that Apple Inc.'s new $1,999 foldable iPhone Duo could eventually account for 20% of iPhone revenue. He noted that approximately 300 million iPhones have not been upgraded in over four years. Gene Munster of Deepwater Asset Management also raised his forecast for Duo's contribution to iPhone revenue in fiscal year 2027 from 5% to 10%. Apple's stock closed down 0.28% on Wednesday at $315.34.
10:05
Memory chip stocks fell in early trading on Thursday, with SK Hynix down 5%, and Micron and Western Digital both down 3%, as surging government bond yields and oil prices overshadowed JPMorgan Chase's overweight rating.
Macro factors are dominating the market, with the US 10-year government bond yield rising to 4.91% (nearing a three-year high) and WTI crude oil breaking above $100 per barrel. The market widely expects the Federal Reserve to raise interest rates next week.
10:05
Motive raises over $1.3 billion in growth financing from General Catalyst, withdraws S-1 filing
Motive announced it secured the funding to fuel AI investment across its platform and grow its teams, allowing it to continue operating privately while remaining positioned for public markets in the future. General Catalyst's managing director, Pranav Singhvi, has joined Motive's board.
10:05
24/7 Wall St.'s 2025 Dividend Stock Picks: Only Evergy (EVRG) Outperformed S&P 500 by Sept 2026
A year ago, 24/7 Wall St. named three top dividend stocks—Evergy (NASDAQ:EVRG), Public Storage (NYSE:PSA), and Atmos Energy (NYSE:ATO)—poised to dominate 2026. However, as of September 10, 2026, only Evergy outperformed the S&P 500, returning 20.1% compared to SPY's 17.4%. Public Storage gained 5.0%, while Atmos Energy rose 3.9%, both trailing the benchmark.
10:05
German Tax Platform Limetax Secures $41.9M in Funding
German tech company Limetax has secured $41.9 million (€36 million) in funding to develop an intelligent platform for accounting and tax firms. The total funding round includes a €6 million pre-seed equity round led by Motive Partners, with additional support from Activant, Heliad, and angel investors including former German Finance Minister Christian Lindner. This is complemented by a €30 million acquisition financing facility provided by a consortium of German lenders. Limetax plans to use these funds to advance its platform development and establish partnerships with tax firms nationwide. Founded in January this year, the company's platform aims to coordinate specialized AI agents to manage administrative and routine functions such as bookkeeping, payroll services, and financial statement preparation.
10:04
Elon Musk's The Boring Company Raises $3 Billion, Valued At $23 Billion
Elon Musk's tunneling startup, The Boring Company, announced on Wednesday it has raised $3 billion in a new financing round. The funding round, led by the United Arab Emirates, valued the company at $23 billion. The UAE had previously awarded The Boring Company a contract to build one of its signature tunnels in Dubai.
10:04
Financial markets are pricing in close to a 50% chance of another rate hike from the European Central Bank (ECB) in October, as Thursday's statement was perceived as hawkish.
Financial markets are now almost equally divided on whether the European Central Bank (ECB) will raise interest rates again next month, following what was perceived as a hawkish statement from the central bank on Thursday. LSEG data indicates that markets are pricing in a 49% chance of an ECB rate hike by October 29, an 89% chance by December 17 if no hike occurs by then, and a 36% chance that the deposit rate will reach 3% before Christmas. The ECB's decision on Thursday to raise rates by 25 basis points to 2.5% was in line with market expectations.
10:03
US 10-year Treasury yield rises to 4.91%, highest since 2023, as Brent crude oil jumps to $105
The US 10-year Treasury yield rose to 4.91%, marking its highest level since 2023. Concurrently, the 30-year Treasury yield climbed to 5.35%. Treasury prices were under pressure as Brent crude oil surged to $105 per barrel, with wholesale inflation also advancing. The market is increasingly pricing in a Fed rate hike for next week's policy meeting. Treasury Secretary Scott Bessent's interventions, including an upsized bond buyback, have had little effect on lowering long-dated yields.
10:03
United States Aug Existing Home Sales
★★★★★Existing Home SalesPrevious 4.06MForecast 3.98MActual 3.98M
Existing Home Sales MoMPrevious -1.7%Forecast -0.2%Actual -2% Below forecast↓
Wholesale Inventories MoMPrevious 0.2%Forecast 1.3%Actual 1.3%
10:03
Uber shares trade 44% below Wall Street consensus target; Evercore analyst Mark Mahaney sees stock nearly doubling to $150
Uber shares are trading at $71.10, well below the Wall Street consensus 12-month price target of $102.13. Evercore ISI analyst Mark Mahaney, whose $150 price target stands as the active Street high, believes the stock could roughly double from current levels. Uber's stock has slid over 30% from its 52-week high, with a 7% drop in the past week, despite posting 22% gross bookings growth and crossing $10 billion in trailing free cash flow.
10:02
Prosper Stars & Stripes Fund closes long position in Ambiq Micro (AMBQ) as stock reaches bullish target.
Prosper Stars & Stripes Fund disclosed in its Q2 2026 investor letter that it has closed its long position in Ambiq Micro (AMBQ), a provider of ultra-low power semiconductor solutions. The fund stated that Ambiq Micro's stock price has reached its bullish target, with the stock having risen 74.38% over the past 52 weeks.
10:02
Prediction market company Kalshi launches gold and silver perpetual contracts after CFTC approval.
The U.S. Commodity Futures Trading Commission (CFTC) this week approved prediction market company Kalshi to list perpetual contracts linked to precious metals gold and silver, with the new market going live on Thursday. This marks another expansion of the company's futures products, following its approval for cryptocurrency perpetual contracts in late May. Kalshi had previously sought approval in August for contracts linked to U.S. equities, industrial metal copper, and currencies.
10:02
US August Existing Home Sales fell 2% MoM to 3.98M units, meeting estimates
10:01
Wells Fargo Analyst Steven Cahall: SpaceX Wireless to Disrupt Carriers, Tower REITs Like Crown Castle to "Quietly" Profit
Wells Fargo analyst Steven Cahall stated on September 8 that SpaceX's (NASDAQ:SPCX) wireless push, leveraging its satellite-plus-spectrum architecture, will require less ground infrastructure than traditional carriers. This approach is expected to negatively impact incumbent telecom operators, while tower REITs such as Crown Castle (NYSE:CCI) and cable operators could benefit by collecting rent on any leased infrastructure. Cahall highlighted that the FCC recently cleared SpaceX to absorb 65 MHz of EchoStar's U.S. spectrum, and Starlink subscribers doubled year-over-year to 12.0 million as of Q2 2026, with connectivity revenue reaching $4.29 billion, up 66% year-over-year. He noted that T-Mobile (NASDAQ:TMUS) is particularly exposed to this competition, with its shares down 23.18% over the past year.
10:01
U.S. August PPI rose 0.4% month-over-month, meeting market expectations.
U.S. August Producer Price Index (PPI) rose 0.4% month-over-month, in line with Dow Jones consensus estimates. Investors are closely watching a series of key inflation reports to assess the Federal Reserve's future interest rate policy direction.

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