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9/10
11:19
Seagate (STX) Q4 Revenue Jumps 48.5%, Vertiv (VRT) Q2 Up 24.1%; Vertiv Shares Fell 9.63% on Sep 9
Seagate Technology (NASDAQ:STX) reported fiscal Q4 revenue of $3.63 billion, up 48.5% year-over-year, with non-GAAP EPS of $5.71, beating the $5.09 consensus. Vertiv (NYSE:VRT) posted Q2 revenue of $3.27 billion, up 24.1% year-over-year, with adjusted operating margin expanding 410 basis points to 22.6%. Vertiv shares dropped 9.63% on September 9, despite a 109.52% one-year run, while Seagate's stock is up 222.51% year-to-date. Analysts note Seagate's nearline drives are fully allocated through 2027, offering clearer earnings visibility, while Vertiv is seen as a higher-beta bet on AI infrastructure buildout, with plans to acquire UtilityInnovation Group.
11:18
Yahoo Finance Analysis: US AI Data Center Leadership Overstated, Goldman Sachs Expects 50-60% of Planned Capacity to Be Delayed
Yahoo Finance analysis suggests that analysts may have overestimated the US lead in AI data centers. While the US still leads China in data center power consumption at 45% versus 25%, this advantage is far less than the tenfold gap indicated by the number of traditional facilities. Goldman Sachs anticipates that 50% to 60% of planned data center capacity in the US will not be activated on schedule due to grid delays and equipment shortages. The article emphasizes that the true AI advantage of the US lies in its control over advanced accelerators and hyperscale capital, rather than the number of older data centers.
11:18
Coca-Cola (KO) shares surged ~26% year-to-date in 2026, outperforming S&P 500 and all "Magnificent Seven" stocks
Coca-Cola's strong performance, which also saw it outperform Broadcom, is attributed to robust Q2 2026 results, including 7% net revenue growth and 16% adjusted earnings-per-share growth. Meanwhile, the "Magnificent Seven" stocks have largely underperformed due to growing concerns about their AI infrastructure build-out.
11:16
Bitcoin Bancorp Acquires 2,547 Bitcoin ATMs from Bankrupt Bitcoin Depot for $620,750
Court records show that digital asset infrastructure firm Bitcoin Bancorp (BCBC) won a bid to acquire 2,547 ATMs from bankrupt cryptocurrency ATM operator Bitcoin Depot (BTM) for $620,750. Bitcoin Depot filed for bankruptcy protection in May this year, having valued all its property and equipment (98% of which were ATMs) at over $26 million in Q4 2025. Bitcoin Bancorp also acquired related site lease agreements, intellectual property, trademarks, patents, and the BitcoinDepot.com domain name for $110,500. The company expects the remaining closing to be completed next quarter.
11:12
Musk retweeted a post stating that Tesla FSD once faced "relentless fear tactics" similar to the current AI panic.
Elon Musk reposted a tweet from Yunta Tsai, who stated that Tesla's Full Self-Driving (FSD) once faced "relentless fear tactics" similar to the current AI panic, often incited by the same individuals. Yunta Tsai added that FSD has saved countless lives, and the company has been quietly improving the product for years, not for fame or fortune, but to ensure loved ones return home safely.
11:11
Elon Musk retweeted a post by Eva Fox, who stated that Starlink has significantly changed the world by connecting millions of people who previously had no internet access. Musk reiterated his earlier statement, asserting that Starlink has done more to alleviate poverty than any non-governmental organization.
11:11
Elon Musk retweeted Peter Hauge's post, in which Hauge's analysis stated that SpaceX's Starship will have significantly greater orbital launch capability than the European space program, and argued that the European program lacks ambition.
11:11
Musk retweeted a user's post, in which the user claimed Grok helped them process IRS forms in about 10 minutes, resolving tax issues that would have otherwise required multiple communications.
11:10
OpenAI seeks to ensure its models cannot harm grid security, according to Politico
11:10
U.S. robotics company Maven Robotics has emerged from stealth mode, completing a $100 million Series A funding round and deploying its robots.
US robotics company Maven Robotics today announced it has emerged from stealth mode, completed a $100 million Series A funding round, and has already deployed its robots. The company plans to build 250 third-generation robots and has begun designing its fourth-generation platform. Maven Robotics focuses on industrial operations, with its robots primarily used for "mixed palletizing" tasks, which involve reassembling boxed goods from different factories into new pallets at distribution centers to meet real-time demands from retail stores.
11:10
European Bond Selloff Deepens as ECB Flags Inflationary Risks
A selloff in European bonds extended after European Central Bank President Christine Lagarde flagged risks to inflation, adding to investors’ ongoing concerns about elevated energy prices.
11:10
The U.S. 2-year government bond yield rose 10 basis points to 4.53% today.
11:10
Cooper Companies (COO) stock dives after fiscal Q3 sales miss expectations by 4.5% and company cuts guidance
Cooper Companies (COO) shares were hammered on Thursday after the medtech's fiscal third-quarter sales, specifically its CooperVision segment, lagged Wall Street's expectations by 4.5%. The company attributed the miss to destocking and subsequently opted against selling its CooperSurgical business, leading to a guidance cut.
11:09
Opendoor's stock fell 7% in early trading on Thursday after its CEO admitted that the timeline for adjusted net income to break even would be delayed by 6-8 weeks, and as US government bond yields rose to a three-year high.
Opendoor Technologies (NASDAQ:OPEN) shares fell 7% to $2.79 in early trading on Thursday, after CEO Kaz Nejatian admitted on X on Wednesday that the company's timeline for achieving adjusted net income (ANI) breakeven had been pushed back by 6 to 8 weeks. Meanwhile, benchmark US government bond yields rose to a three-year high this week, further exacerbating Opendoor's financing cost pressures. In contrast, other housing-related companies such as Offerpad and Zillow Group saw smaller declines, as their less capital-intensive business models are less affected by rising interest rates.
11:09
Research Solutions (RSSS) reports Q4 revenue of $12.1M, platform subscription revenue of $5.3M, and full-year B2B ARR growth of 14%, with $800K in AI-related bookings.
Research Solutions (RSSS) announced its fiscal fourth quarter and full-year 2026 results, with total revenue for Q4 reaching $12.1 million, down from $12.4 million in the prior year quarter. Platform subscription revenue for the quarter was $5.3 million, up from $5.2 million. The company reported a 14% B2B ARR growth for the full year, with platform revenue increasing to over 43% of total revenue from 39% last year. Research Solutions also noted approximately $800,000 in AI-related bookings in Q4 and released two new AI products extending its Scite and Article Galaxy capabilities to ChatGPT, Claude, or Copilot.
11:09
Skillsoft (SKIL) Divests Global Knowledge Business, Shifts Focus to AI-Native Skills Management Platform, and Plans to Address Capital Structure
Skillsoft's Executive Chair and CEO Ronald Hovsepian stated during the Q2 2027 earnings call that the completed divestiture of Global Knowledge simplifies the company's operating model. The company will now concentrate investments on its core mission of building workforce readiness through an AI-native skills management platform. Hovsepian also highlighted plans to address the company's capital structure.
11:09
Yemen's Houthi spokesman: Freedom of navigation and international trade in the Red Sea and Bab al-Mandab Strait remain safe and undisturbed.
11:08
Lookonchain Monitoring: On September 10, Bitcoin ETFs saw a net outflow of 2,148 BTC (approximately $165 million), while Ethereum ETFs experienced a net outflow of 9,540 ETH (approximately $23.2 million).
Lookonchain monitoring data shows that as of September 10, Bitcoin ETFs saw a net outflow of 2,148 Bitcoins, worth approximately $165 million, in a single day. However, over the past 7 days, there has been a cumulative net inflow of 8,587 Bitcoins, valued at approximately $662 million. During the same period, Ethereum ETFs experienced a net outflow of 9,540 Ethereum, worth approximately $23.2 million, in a single day. Over the past 7 days, there has been a cumulative net inflow of 39,046 Ethereum, valued at approximately $94.95 million.
11:08
MoneyGram unveils stablecoin-backed card as digital dollars move into everyday spending
11:08
Top Funds Bet Big on AI Infrastructure Stock Lumentum, Buying Over $13 Billion in Shares
Top mutual funds aggressively bought shares of optical and photonics giant Lumentum (LITE), totaling $13.11 billion, according to the latest monthly data released on Friday. Lumentum plays a crucial role in artificial intelligence, cloud computing, and next-generation communication infrastructure.
11:08
Oil Prices Remain Near Record Highs as Fuel Exports Slowly Resume Through Strait of Hormuz
Bloomberg Markets reports that oil product exports through the Strait of Hormuz are slowly recovering, but not fast enough to prevent fuel prices from surging, putting pressure on global consumers.
11:08
Sonnedix secures $1.3bn to advance Chile renewables and storage projects
Renewable energy company Sonnedix has secured $1.3bn (1.22 trillion pesos) through a refinancing transaction to accelerate its renewable energy and storage pipeline in Chile. The agreement covers the refinancing of 1GW of operational solar and wind assets and provides funding for 117MW of battery energy storage systems (BESS) currently under construction.
11:08
Adobe reports Q3 earnings after market close, with prediction markets betting on CEO Narayen's key phrases
Polymarket traders give Adobe roughly a 92% chance of beating the market's $6.08 non-GAAP EPS benchmark. On Kalshi, traders are betting on specific words CEO Shantanu Narayen and his team will say on the 5 p.m. ET call. "GenStudio" and "Semrush" are both at 93%, "OpenAI" at 86%, and "Nvidia" at 61%. "LLM Optimizer" (renamed Adobe Brand Visibility) is at 56%, while "Disney" is at 33% and "Firefly Video" at 13%. Traders expect a focus on AI products, acquisitions, and partnerships, amid a debate over whether AI is a new growth engine or eroding core software value. Narayen is expected to be succeeded by Anil Chakravarthy on Dec. 1.
11:07
GasBuddy Reports 5 California Gas Stations Hit $9.999 Per Gallon For Diesel, The Highest Price Their Systems Allow
According to a September 10 post from GasBuddy's head of petroleum analysis Patrick De Haan, five diesel pumps in California are displaying $9.999 a gallon, the maximum figure their hardware can show. This is almost certainly a physical limit rather than a posted rate, similar to older pumps in 2008 that couldn't display prices above $3.99.

California's average diesel price was $7.76 a gallon as of September 9, while the national average reached a new all-time high of $5.97. The price surge is attributed to U.S. refineries running at 98% capacity, disruptions in Iran's Strait of Hormuz, and Ukrainian drone strikes on Russian refineries, all simultaneously crushing diesel supply.
11:06
S&P Global Licenses S&P 500 Index for 24/7 Perpetual Contract Trading on Hyperliquid, Highlighting DeFi's Growing Role in Traditional Finance Price Discovery
CoinDesk reported that DeFi platform Hyperliquid is playing an increasingly important role in traditional finance price discovery, especially when traditional markets are closed. For example, during geopolitical tensions in March 2026, traders could trade oil futures on Hyperliquid, and its price was referenced when traditional markets reopened. This model has expanded to stocks, indices, commodities, and pre-IPO assets. Hyperliquid accurately predicted Cerebras's opening price on Nasdaq.
11:06
DeFi platform Hyperliquid's trading volume reached $1.28 trillion in the first half of 2026, placing it among the top five crypto derivatives platforms.
CoinDesk reported that Hyperliquid, a decentralized finance (DeFi) platform known for its perpetual futures trading and on-chain order book, boasts a performance of 200,000 orders per second. The platform generated approximately $1 billion in revenue in 2025, with cumulative trading volume reaching around $5.3 trillion as of August 2026. Its Bitcoin order book depth even surpasses that of large centralized exchanges like Binance.
11:05
Micron's Q2 DRAM Market Share Rises to 23.3%, Just 1.6 Percentage Points Behind SK Hynix
Market research firm TrendForce reported that global DRAM revenue increased by approximately 60% quarter-over-quarter in Q2 2026. Micron's DRAM revenue grew by about 66% quarter-over-quarter to $36 billion, reaching a market share of 23.3%. This places Micron just 1.6 percentage points behind SK Hynix's 24.9% market share, positioning it to potentially surpass SK Hynix soon to become the second-largest DRAM supplier. Samsung Electronics holds the top spot with a 39.4% market share.
11:05
Jim Cramer Calls for AI 'Kill Switch' and Slower Deployment, While Still Backing AI Infrastructure Stocks
Jim Cramer, a prominent financial commentator, has called for an AI "kill switch" and urged the industry to slow down its development, citing public warnings from Anthropic researchers who assigned double-digit odds to the technology causing mass casualties this decade. Cramer, however, emphasized that this safety editorial should not be confused with a downgrade of the AI infrastructure trade, as he continues to recommend investors hold stocks like Nvidia and AMD.
11:05
24/7 Wall St. assigned a "Buy" rating to Salesforce with a price target of $363.85, implying an upside of approximately 49% from its closing price on September 9.
The rating is based on Salesforce's Q2 FY2027 earnings report released on August 26, which showed the company's revenue reaching $11.35 billion, a 10.8% year-over-year increase. Non-GAAP EPS was $5.90, significantly exceeding market expectations of $3.27. Concurrently, Salesforce raised its FY2027 revenue guidance to $46.1 billion-$46.4 billion, and Agentforce's Annual Recurring Revenue (ARR) surpassed $1.5 billion, growing over 240% year-over-year.
11:03
Sandisk (SNDK) stock fell 3.8% on Thursday morning, reversing gains from Citigroup's reiterated buy rating and $2,100 price target.
Sandisk (SNDK) stock fell 3.8% on Thursday morning, reversing gains from Citigroup's reiterated buy rating and $2,100 price target. Citi analyst Asiya Merchant had reiterated her buy rating and $2,100 price target on Wednesday, citing that growth in artificial intelligence is driving demand for NAND flash memory chips, with long-term demand trends looking favorable from both hyperscalers and AI-enabled mobile devices. Merchant anticipates mid-teens annual growth in NAND demand, which should lead to higher and more sustained profit margins for Sandisk.

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