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9/11
13:30
MoneyHero Limited's Q3 revenue decreased by 13% year-over-year, but strategic transformation drove a 9 percentage point improvement in profit margins and conversion efficiency. AI transformation reduced technology costs by 50%. The net loss of $1.2 million was primarily impacted by foreign exchange fluctuations.
MoneyHero Limited announced its Q3 2026 financial results, with revenue down 13% year-over-year. Management attributed this to a strategic shift towards cash rewards, which are deducted from revenue under IFRS. The company prioritized margin quality and conversion efficiency, leading to a 9 percentage point increase in approval rates. Its Hong Kong business performed strongly, achieving a segment profit of $0.5 million in the first half of the year with a 21% increase in transaction volume; the Singapore business also recorded a segment profit of $0.2 million in the first half. AI transformation initiatives reduced technology costs by 50% year-over-year through platform integration and engineering workflow automation. The net loss of $1.2 million for the quarter was primarily driven by $3.1 million in foreign exchange fluctuations, rather than a change in operating trajectory. The company plans to re-accelerate organic traffic growth by optimizing its AI search engine and traditional SEO, and anticipates growth in H2 2026 through the launch of a mortgage comparison category in Singapore and expansion in the Hong Kong life insurance market.
13:30
SanDisk's 2,107% one-year surge makes Apple and Microsoft look like value stocks, Morningstar says, as AI storage bends index construction
Morningstar's chief global markets editor Tom Lauricella noted that SanDisk's extreme performance, driven by snapping NAND pricing and triple-digit growth in AI infrastructure demand, has reclassified the two largest S&P 500 companies as discount trades. Value indexes have nearly doubled their tech weighting from 11% at end-2024 to roughly 20% currently, quietly loading 'defensive' ETF investors with more AI-cycle risk than expected. SanDisk reported fiscal 2026 revenue of $20.248 billion, up 175.3%, with non-GAAP EPS of $70.88, and is set to join major S&P benchmarks, pulling passive flows into the stock.
13:27
Military jet's flight plan triggered UK's latest air traffic meltdown, grounding thousands of planes this week
13:25
Yahoo Finance Analysis: Tesla's Q2 Earnings Miss Expectations Yet Receive "Buy" Rating with a Target Price of $389
Yahoo Finance published an analysis stating that despite Tesla's (NASDAQ:TSLA) Q2 earnings per share (EPS) missing expectations by 39% and free cash flow turning negative by $1 billion, analysts still gave it a "buy" rating and set a 12-month price target of $389, representing a 7.07% upside from its recent price of $363.56. The analysis suggests that Tesla's biggest catalysts may still be ahead, with its valuation primarily betting on the scaled development of Robotaxi and Full Self-Driving (FSD). Currently, Tesla Robotaxis have cumulatively driven 380,000 miles across six cities with zero accidents.
13:17
Elon Musk reposts The Boring Company's Steve Davis on tunneling costs: billions per mile is impossible, but $3-5 million per mile enables "epic projects"
Davis stated that building thousands of miles of tunnels would be impossible at costs in the billions per mile, but feasible at $3-5 million per mile. The reposted tweet suggests this cost efficiency is why The Boring Company's Series D funding round, valued at approximately $23 billion, is significant for enabling large-scale urban development.
13:15
Musk tweeted that technology is the most important advantage in war.
13:15
SpaceX CFO Reveals First Orbital Compute Satellites to Launch Next Year, Aiming for Large-Scale Deployment by 2028
SpaceX CFO Bret Johnsen stated at the Goldman Sachs Communacopia & Tech conference that the company plans to launch its first orbital computing satellites (i.e., space data centers) next year, with a large-scale deployment of significant computing power into space expected by 2028. Johnsen also revealed that a Starship flight will take place later this month, marking its first revenue-generating mission, carrying V3 Starlink satellites.
13:14
AMD Expands Into Rack-Scale AI, Eyes $220 Billion Server CPU Market by 2030
Advanced Micro Devices (AMD) executives stated at the Goldman Sachs Communacopia + Technology Conference that the company is expanding its role in artificial intelligence from a semiconductor supplier to a provider of rack-scale systems and software. AMD is positioning its server CPU portfolio for increased demand from agentic AI workloads.

The company reiterated its growth targets of over 60% compound annual growth for its data center business and over 80% for its AI business. AMD also expects its data center business to more than double by 2027, and has increased its estimate for the server CPU total addressable market (TAM) to $220 billion by 2030, up from previous forecasts of $60 billion and $120 billion.
13:14
A Cluster of Polymarket Accounts Won ~$22,000 on Companies Audited by KPMG, Per Bubblemaps Analysis
A mysterious Polymarket user earned approximately $22,000 through a series of nearly perfect bets on the quarterly earnings of 18 companies audited by KPMG, including Wells Fargo, Home Depot, and DoorDash. These dozens of bets began in November of last year and continued for several months, according to an analysis by blockchain forensics firm Bubblemaps.
13:09
Kroger Lowers Full-Year Identical Sales Guidance to 0.2%-0.8%, Resumes Share Repurchases
The grocery giant attributed its Q2 performance to aggressive cost savings and profitable e-commerce growth, which offset a challenging top-line environment. However, it lowered its full-year identical sales outlook from previous expectations, reflecting first-half results and anticipated Q4 pharmacy sales headwinds from the Inflation Reduction Act. The company also resumed share repurchases, totaling approximately $1.2 billion in the first half, with plans to complete the remaining $800 million authorization by year-end.
13:09
Piper Sandler initiated coverage on Marvell (MRVL) with a $270 price target, driving its stock up by 5%.
Piper Sandler analyst David O'Connor initiated coverage on Marvell Technology (NASDAQ:MRVL) with a $270 price target, citing the company's expanding role in AI data centers and custom computing. Boosted by this news, Marvell's stock rose 5% to $237.69 during Friday's trading. Over the same period, Broadcom (NASDAQ:AVGO) shares gained 1% to $364.83, and NVIDIA (NASDAQ:NVDA) stock was flat, up 0.4% to $219.26.
13:07
Elon Musk: Solar energy will eventually account for 100% of energy harnessed
13:04
Yahoo Finance Analysis: BWX Technologies (BWXT) is a Smarter Investment Choice Than NuScale (SMR)
A Yahoo Finance analysis article points out that NuScale's stock price has fallen from its all-time high of $53.43 in October 2025 to approximately $10. This is due to the cancellation of its flagship U.S. commercial deployment project in 2023, the postponement of its Romanian project from 2030 to 2033, significant company losses, and major shareholder Fluor liquidating its holdings. Analysts expect NuScale's 2026 revenue to decline by 21% to $25 million, with a net loss of $181 million, and its current price-to-sales ratio is as high as 169x.

In contrast, BWX Technologies (BWXT), as a leading North American manufacturer of specialized nuclear components, fuel systems, and naval reactor systems, benefits from scale and diversification, with stable revenue and profits. Its backlog of orders reached $7.3 billion by the end of 2025, a 50% increase from the previous year. Analysts project BWXT's revenue and earnings per share (EPS) compound annual growth rates (CAGR) to be 12% and 16% respectively from 2025 to 2028. The article suggests that BWXT is a safer choice in the nuclear energy market.
13:02
European Central Bank (ECB) Governing Council member Philip R. Lane stated that the latest September projections indicate a 7.0% increase in Eurozone competitor export prices by 2026, a significant upward revision of 5.4 percentage points from the December forecast.
In a speech on September 11, European Central Bank (ECB) Executive Board member Philip R. Lane unveiled the ECB's latest September projections. The data shows that euro area competitor export prices are expected to rise by 7.0% in 2026, a significant upward revision of 5.4 percentage points from the December forecast. Additionally, global (excluding the euro area) GDP growth is projected to be 3.1% in 2026, with euro area external demand expected to grow by 3.6%.
13:01
Houthis attack Saudi East-West oil pipeline, threaten alternative route around Strait of Hormuz, Brent crude rises to $105.
Satellite imagery shows fire and thermal anomalies along Saudi Arabia's East-West Pipeline, which transports 7 million barrels per day, suggesting a possible attack by Houthi rebels. This attack could jeopardize Saudi Arabia's crude oil exports of 3 to 4 million barrels per day and lead to the kingdom's August crude oil production falling to 6.24 million barrels per day, its lowest since 1990. Consequently, ICE Brent crude oil prices have risen to $105 per barrel, Middle East crude oil prices have surged to $120 per barrel, and Asian refiners have requested Saudi Aramco to change its crude oil pricing benchmark.
13:00
Supertanker Rates on Middle East-to-China Route Hit $800,000 a Day Amid Escalating Gulf Tensions
Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. This comes as US forces recently destroyed five Iranian-linked tankers and Tehran threatened further escalation, signaling that crude oil and refined products are becoming increasingly costly to transport out of the Gulf region. The freight surge adds another layer of inflation pressure for global central banks, potentially filtering through to gasoline, diesel, freight, and ultimately consumer goods. Morgan Stanley analysts suggest two-year leasing rates could surge another 20% to 30%.
13:00
C&C Group to acquire Asahi UK’s wholesale business for nominal consideration
UK-listed drinks company C&C Group has agreed to acquire Asahi Group Holdings' Nectar Imports wholesale and distribution business in the UK for a nominal consideration. The acquisition, announced on September 11, will integrate the new assets into C&C's Matthew Clark Bibendum (MCB) wholesale operation, aiming to structurally grow the MCB business and bring a significant number of new customers.

For Asahi, the transaction is part of a strategy to focus on its core strengths in brewing, brand building, and consumer engagement. The Japanese brewer will retain full ownership and operational control of its Griffin Brewery. The agreement was announced alongside C&C's trading update for the six months to August 31, which saw net revenue decline by 3% year-on-year, with an expected first-half underlying operating profit of between €43 million and €44 million.
13:00
China to hike visa fees for Japanese citizens by roughly sevenfold starting Monday, citing reciprocity after Tokyo raised overall visa fees in July.
12:59
U.S. September consumer sentiment index fell 7.5% to 47.8, the second-lowest reading since 1952
The University of Michigan's consumer sentiment index dropped 7.5% in September to 47.8, marking the second-lowest reading in the survey's history dating back to 1952. Consumers expect inflation to continue rising.
12:50
AI data center startup Nscale has appointed former OpenAI executive Fidji Simo to its board of directors, with the company potentially eyeing an IPO.
Nscale, a UK-based AI data center startup, has appointed Fidji Simo, former executive at OpenAI, Meta, and Instacart, to its board of directors. Simo previously served as CEO of AGI Deployment (effectively the second-highest executive) at OpenAI and led Instacart's IPO in 2023. Nscale is expected to go public this autumn, following reports that the company is seeking to raise up to $3.5 billion in pre-IPO funding.
12:50
89.9 million USDC (approximately $89.9 million) burned on-chain.
On-chain data shows a single burn of 89,904,300 USDC tokens from the USDC contract, with transaction hash 0xeaf5bee1eaefc8e034aeef96b61c8b8c133bf916ccae696675f2584d9f9727f9.
12:48
Danish tanker company Torm (TRMD) saw profits surge by 452% due to the Strait of Hormuz crisis, with its stock price nearing a buy point.
Torm (TRMD), the Danish company operating a fleet of product tankers, saw its profits surge as escalating conflict between the US and Iran in the Strait of Hormuz led to a spike in energy prices.
12:48
24/7 Wall St. analysts predict Oracle to be an 'unexpected AI winner' through 2030, citing over $30B in new AI contracts last quarter
The analysis highlights Oracle's strong Q1 FY2027 results, with revenue up 29.61% to $19.34 billion and cloud infrastructure revenue surging 121%. Analysts note the company booked over $30 billion in new AI contracts in a single quarter, runs GPU utilization at 97.9%, and has remaining performance obligations of $664 billion. They issued a “buy” rating and a $229 price target, implying 50% upside from current levels.
12:45
50 million USDC (approximately $50 million) burned on-chain.
12:42
99 million USDC (approximately $99 million) minted on-chain.
12:42
GameStop CEO Ryan Cohen bought $20.3 million in company stock, sending shares up 2.5%
Cohen purchased 1 million Class A common shares on Thursday, according to an SEC filing. He now directly owns 39.3 million shares of GameStop.
12:39
FT analysis: Advances in autonomous agents and rivalry between Anthropic and OpenAI are fueling creators' fears of human extinction in the AI race
12:30
CNBC analyst Mike Khouw: Long-term U.S. Treasury yields have surpassed their 2023 highs, and the options market is betting on a decline in the iShares 20+ Year Treasury Bond ETF (TLT).
CNBC analyst Mike Khouw noted that the 30-year U.S. government bond yield has clearly surpassed its 2023 high in recent weeks, rising another 7.6 basis points on September 11. As a result, options traders are actively betting on further declines in the U.S. long-term Treasury ETF (TLT). On September 10, TLT options trading volume nearly doubled, with put option volume being 3.3 times the average. There was a block trade (approximately $1.8 million) betting that TLT would fall below $80 before its October expiration. TLT closed at $80.78 on September 11, after touching a 52-week low of $80.665 during the session.
12:28
The U.S. high-grade bond market saw a surge in issuance after Labor Day, with $57 billion issued from Tuesday to Wednesday, poised to set a monthly record for the fourth consecutive month.
The US high-grade bond market saw a flurry of activity in the shortened trading week following the Labor Day holiday, with 30 deals totaling $57 billion issued on Tuesday and Wednesday alone. This strong momentum could make September the fourth consecutive month to set a new issuance record, following June, July, and August, which saw $184 billion, $137 billion, and $151 billion in issuance, respectively, all new historical highs for their respective months. The market anticipates September issuance to well exceed $200 billion, surpassing the $189 billion issued in the same period last year, which included Oracle's $18 billion AI-related bond offering. However, the current financing environment has changed; Oracle's notes due 2055, issued last year with a coupon rate of 5.95%, saw their yield rise to approximately 7.875% by September 10.
12:28
AI Energy Play Bloom Energy (BE) Nears Buy Point, Set to Join S&P 500 on Sept. 21

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