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9/14
09:12
Bank of America raised its S&P 500 year-end target to 7,400 from 7,100, signaling increased confidence in the equity rally. BofA also introduced a 12-month target of 7,800, pointing to further upside for U.S. stocks beyond year-end.
09:07
Derivatives expert Harley Bassman,who invented the main gauge of Treasury volatility,sent a letter to the firm’s shareholders challenging its business practices, escalating a messy breakup with his former employer.
09:05
U.S. Energy Secretary Chris Wright stated on Bloomberg Surveillance that the East-West oil pipeline in Saudi Arabia, which runs to the Red Sea, is expected to be operational "soon." He also discussed the flow of crude oil and petroleum products through the Strait of Hormuz and the status of the U.S. Strategic Petroleum Reserve.
09:01
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) has commenced diamond drilling at Güíntar, the most advanced target within its Güíntar-Alemán-Margaritas (GAM) gold-copper-silver project in Antioquia, Colombia. This new drilling from Platform 20 will follow the interpreted mineralized system down-plunge and beneath the limits of previous drilling, testing down-dip extensions of mineralization found in holes GUI-DD-013 and GUI-DD-028. GUI-DD-013 intersected 131 meters at 1 g/t gold equivalent, including 57 meters at 1.4 g/t gold, 10.2 g/t silver and 0.6% copper. GUI-DD-028 intersected 176 meters at 1.2 g/t gold equivalent, including 76 meters at 2.1 g/t gold, 7.9 g/t silver and 0.4% copper, and remained open at depth. The company's objective at Güíntar is to advance the known system toward a maiden mineral resource while continuing to demonstrate the broader discovery potential of
09:01
Canadian mining company TNR Gold Corp (TSX-V:TNR) has secured the backing of proxy advisory firm Institutional Shareholder Services (ISS) in its board battle, with ISS recommending shareholders elect Kirill Klip. ISS cited Klip's institutional knowledge and continuity as crucial for TNR Gold's future, and noted a 30% increase in share price following a private placement during his tenure. The firm concluded that the opposing candidate, Jon Chrisitan Evensen, failed to articulate an adequate go-forward plan.
09:00
European Central Bank (ECB) Executive Board member Piero Cipollone emphasized that euro cash is crucial for Europe's monetary future, even in an increasingly digital age, citing its role in providing stability, trust, financial inclusion, privacy, and resilience during disruptions. He noted that over €1.6 trillion in euro banknotes are in circulation, growing annually by about 3%. The ECB is modernizing banknotes to integrate cutting-edge security features and improve sustainability. Additionally, the EU is strengthening the legal tender status of euro banknotes and coins through proposed regulations, aiming to ensure mandatory acceptance and convenient access to cash.
09:00
Bitmine, the largest Ethereum-focused digital asset treasury firm, announced Monday it bought another 27,180 ether last week, worth approximately $68 million. This brings the company closer to its goal of accumulating 5% of Ethereum's total supply. Tom Lee, chairman of Bitmine and founder of Fundstrat, highlighted several factors for Ether's potential upside, including the ETH-BTC ratio climbing to its highest level since January 30 and breaking a downtrend since 2022. Lee believes this reflects Ethereum's strengthened position as a settlement layer for Wall Street tokenization and its potential critical role in managing agentic-AI. Other catalysts include an anticipated Senate vote on the U.S. crypto market-structure legislation (Clarity Act) and renewed crypto buying from Korean investors.
08:56
NuScale Power (NYSE: SMR) stock has fallen approximately 75% over the past 12 months. Motley Fool analysis suggests the company may soon begin construction on the world's largest small modular reactor (SMR) nuclear facility, but its customers have not yet signed a financially binding agreement. NuScale's CFO previously stated that the agreement was expected to be signed by the end of 2026, but could be delayed until early 2027. The analysis notes that if the agreement is signed, it would validate NuScale's business model; otherwise, its investment thesis could collapse.
08:56
Yahoo Finance analysts recommend Royal Caribbean Cruises (NYSE:RCL) over Walmart (NASDAQ:WMT) for 2026, citing RCL's strong booking visibility and aggressive outlook. Royal Caribbean has roughly two-thirds of its current year's capacity already booked at record prices, with earnings projected to grow at a double-digit rate. In contrast, while Walmart is executing well in a difficult consumer environment, its stock fell sharply after its latest earnings due to margin concerns and softer comparable sales, suggesting investor expectations may be running ahead of reliable delivery.
08:52
Bernstein analysts point out that the closure of Saudi Arabia's East-West oil pipeline due to attacks, coupled with the delayed negotiations between Iran and Gulf states over the Strait of Hormuz, is leading to the most severe supply pressure in global energy markets in decades. Data from the International Energy Agency (IEA) shows that Saudi Arabia's August oil supply has fallen to a more than thirty-year low, affected by disruptions in the Strait of Hormuz and Red Sea passages, and global oil supply is projected to decline by approximately 6% this year. Houthi attacks on Red Sea shipping continue, with an attack on a Saudi airbase on Monday further exacerbating supply uncertainty. U.S. Energy Secretary Wright warned against having overly high expectations for a Strait of Hormuz agreement.
08:51
Yahoo Finance analysis points out that UPS's (United Parcel Service) high dividend yield of 6.56% is not due to dividend growth, but rather a 34% drop in its stock price. The company's quarterly dividend of $1.64 per share has been frozen for seven consecutive quarters. Last year, UPS paid out $5.4 billion in dividends, almost exhausting its $5.47 billion in free cash flow. CFO Brian Dykes confirmed that despite a 3.6% decline in consolidated volume and increased interest expenses, the company still plans to pay approximately $5.4 billion in dividends in 2026, but analysis suggests its dividend coverage is very tight.
08:51
The U.S. 10-year Treasury yield rose to 4.97% on Monday, just 3 basis points shy of the 5% threshold, while the 30-year Treasury yield hovered at 5.35%. Brent crude prices climbed to $107 per barrel, exacerbating inflation concerns and prompting investors to price in expectations of a rate hike ahead of the Federal Reserve's policy meeting this week. Goldman Sachs has revised its forecast for this week from "no change" to "rate hike," and Polymarket bettors have also increased the probability of a September rate hike to 80%.
08:45
Ukrainian President Volodymyr Zelenskyy has imposed sanctions on his former press secretary, Iuliia Mendel, who has become one of his most vocal opponents in the US.
08:44
Saudi Arabia's East-West oil pipeline could remain largely offline for 3-5 weeks following last week's drone attack, AP reports, adding further pressure to global oil supply. The pipeline can carry up to 7 million barrels per day to the Red Sea, bypassing the Strait of Hormuz. Partial operations may resume during repairs.
08:43
Aon Plc has kicked off a jumbo US investment-grade debt offering to help fund its planned $17 billion acquisition of USI Insurance Services from private equity firm KKR & Co..
08:41
Abu Dhabi's Etihad Airways CEO Antonoaldo Neves stated that the airline's passenger-carrying capacity (Available Seat Kilometres) is currently 15% to 17% higher than a year ago. He noted strong demand is expected heading into the winter travel season, with the load factor reaching 92% in August and targeting over 87% for the remainder of the year. Neves added that the airline is "back on track" after the Iran war earlier this year disrupted flights and pushed fuel prices higher.
08:40
European benchmark natural gas prices surged 6% at the open on Monday in Amsterdam, reaching $97.31 per megawatt-hour (€84.275), the highest level since the 2022-2023 energy crisis and surpassing prices from January 2023. This increase is primarily due to escalating tensions in the Middle East, with Saudi Arabia shutting down its critical East-West oil pipeline, which helps bypass the Strait of Hormuz, exacerbating risks to oil and gas supplies. Furthermore, European natural gas inventories are currently below 70%, significantly lower than 82% at the same time in 2025 and the five-year average of over 80%, leaving Europe facing its lowest natural gas reserve levels in nearly two decades heading into winter.
08:37
Matt Hornbach, global head of macro strategy at Morgan Stanley, says that while a "one and done" hike is certainly a possibility, markets are not currently pricing that in.
08:37
★★★★Previous 3%Forecast 3%Actual 3% In line with forecast

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