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9/14
12:35
Africa's Richest Man Aliko Dangote Launches Continent's Largest Share Sale, Aiming to Raise Up to $2.1 Billion
Nigerian billionaire Aliko Dangote has launched an initial public offering (IPO) for roughly 3% of his Dangote oil refinery, seeking to raise as much as $2.1 billion. Dangote stated that he wants ordinary Nigerians to share in the success of the refinery, which began production in 2024 and now supplies over 70% of Nigeria's energy consumption. The IPO is expected to last for a month, with a minimum purchase of 10 shares, costing approximately $4.
12:35
CoreWeave CEO stated that demand for NVIDIA's high-end chips remains strong, and the company is working to meet it.
CoreWeave CEO Michael Intrator stated at a recent tech conference that the company is "working every day to meet demand," calling it a "unique moment" for their business. He noted that demand for leading chips remains strong, which is a good sign for investors concerned about a potential slowdown. The company's second-quarter sales grew 112% to $2.6 billion, but it reported an operating loss of $49 million and interest costs of $640 million. Despite this, adjusted EBITDA reached $1.5 billion, double the amount from a year ago.
12:34
France is making an "astonishing" push to lift EU sanctions on Russian oligarchs
12:33
AI-Backed Portfolio Management Platform Pave Finance Raises Over $15M in Series A Funding Round, Valuing Firm at $100M
Pave Finance, a New York-based artificial intelligence-backed trading and portfolio management platform for financial advisors, announced it has raised over $15 million in an oversubscribed Series A funding round, achieving a $100 million valuation. The funding, which included investments from advisory firms, former financial services executives, and company insiders, will support the expansion of Pave's market-facing and engineering teams. Founded in 2021, Pave Finance currently represents $130 billion in assets across more than 300,000 accounts.
12:33
Yahoo Finance analysts believe Broadcom, not NVIDIA, will dominate the next phase of AI due to its strong growth in custom chip business.
Yahoo Finance analysts Troy Millings and Rashaad Bilal discussed future growth points for AI value in their latest program. Millings believes that Broadcom's custom accelerator business will become a new growth core in the AI sector, with its AI semiconductor revenue reaching $16.7 billion in Q3 FY2026, a 221% year-over-year increase, and projected to reach $21.7 billion in Q4, a 236% year-over-year increase. In contrast, while NVIDIA remains the market leader, Broadcom has demonstrated cost and energy efficiency advantages in custom chips for specific workloads. Additionally, TSMC's revenue in August 2026 increased by 53.3% year-over-year, and Dell Technologies' AI orders reached a record $60.9 billion last quarter, with a backlog of $95 billion.
12:32
Japan has seen a slowdown in the inflow of foreign professionals since last autumn, as AI curtails hiring demand in sectors like IT and translation, and the government tightens scrutiny of residency statuses.
Japan has seen a slowdown in the inflow of foreign skilled professionals since last autumn, due to AI curbing recruitment demand in sectors like IT and translation, and the government tightening scrutiny of residency statuses. Over the past decade, the number of foreign citizens with highly skilled professional status in Japan has more than tripled.
12:30
Nissan Americas Chairman Christian Meunier Says US Auto Tariffs Forced Company to Accelerate US Production
Christian Meunier, chairman of Nissan Americas, stated that while US auto tariffs have been challenging to manage, they ultimately compelled Nissan to accelerate its localization and production efforts in the United States. He added that keeping products affordable in North America remains a challenge.
12:30
Trump: US producing and delivering weapons at fastest pace in history, including Patriots, THAAD, and Tomahawks
Former President Donald Trump stated that the United States is producing more advanced weapons than ever before, with daily deliveries to forces in the Middle East and beyond. He added that defense factories are operating 24/7 and building an average of 4 to 5 new large-scale plants each. The production primarily focuses on Patriot, THAAD Systems, Tomahawks, and other Standard Missile Systems, of which the US already holds large stockpiles.
12:26
Saudi Arabia seeks to increase oil exports via the Strait of Hormuz after a key pipeline was attacked and shut down, according to people familiar with the matter.
12:24
Coinbase rose 9.04% intraday, now trading at $191.099.
12:23
Bloom Energy fell 8% during intraday trading, while FuelCell Energy and Plug Power dropped 5% and 1% respectively.
Bloom Energy (BE) shares fell as much as 8% to $253.72 during Monday's trading session, after having surged 192% year-to-date. This decline followed comments from Anthropic CEO Dario Amodei, who called for frontier AI labs to slow down the pace of model capability improvements, a sentiment echoed by OpenAI CEO Sam Altman, sparking concerns about a potential slowdown in AI infrastructure development. FuelCell Energy (FCEL) and Plug Power (PLUG) shares also dropped 5% and 1%, respectively. The Global X Hydrogen ETF (HYDR) fell 4%.
12:23
Yahoo Finance Analysis: Meta Platforms (META) Stock Has Over 39% Upside to $900 by 2027, Despite Trading Cheaper Than S&P 500
The analysis highlights Meta's 19x forward earnings multiple, which is lower than the S&P 500's 22x, despite 28% revenue growth and 3.6 billion daily users. CEO Mark Zuckerberg noted Meta's ad business is posting faster year-over-year revenue growth than any other reported ad business, with AI ad upgrades driving a 15.7% conversion uplift on Facebook. The Street's consensus price target is $757.31, with some analysts modeling 2027 EPS of up to $40.31, which would imply a 22x multiple at a $900 stock price.
12:21
Jim Cramer on why 'sitting on your hands' is worth it in this oversold market
Jim Cramer stated that 'sitting on your hands' (i.e., taking no action) is worthwhile in the current oversold market. This advice was given during The Investing Club's 'Morning Meeting', which is held every weekday at 10:20 a.m. ET.
12:20
Saylor reposts Strategy tweet: September 14 is the last trading day to purchase $STRC for $0.50 dividend entitlement (record date September 15, payout September 30).
12:18
Coinbase rose 8.52% intraday, now trading at $190.199.
12:14
US Strategic Metal Producer Elmet Group (ELMT) Soars 43% After Pentagon Invests $450M to Boost Tungsten Production
The Pentagon agreed to invest $450 million in Elmet Group to expand its domestic tungsten mining and manufacturing capacity, with an initial $200 million. The company also secured a separate contract to solidify supplies of the strategic metal.
12:13
Donald Trump stated that Ukraine and Russia have agreed to stop striking each other's energy targets.
Donald Trump posted on social media on Monday that Ukraine had agreed not to strike Russian energy targets, and Russia had agreed to do the same. He also stated that the rise in global diesel prices was primarily caused by the Russia-Ukraine conflict, not Iran. Neither Ukraine nor Russia immediately confirmed Trump's claims. The day before, Trump had called on Ukrainian President Zelenskyy to stop striking Russian diesel facilities.
12:12
SoundHound AI stock has fallen 35% this year despite strong revenue growth, as heavy reliance on acquisitions obscures organic growth and delays profitability.
SoundHound AI (NASDAQ:SOUN) has seen its stock drop about 35% this year, even as it posted record revenue numbers. The company's revenue rose over $34 million, or 48% year-over-year, in the first six months, but much of this increase came from subscription revenue mainly driven by acquisitions in the Americas. This makes it difficult to assess the strength of its core business's organic growth.

Additionally, SoundHound AI reported an operating loss of nearly $66 million in the past two quarters, despite a $43 million boost from a change in the fair value of contingent acquisition liabilities. Analysts suggest that without clear proof of organic growth or significant progress towards profitability, the stock may continue to struggle, potentially leading to further losses, cash burn, and shareholder dilution.
12:07
Wallstreetcn Analysis: Hedge funds have recently rebuilt long positions in tech, but the Nasdaq 100 has already fallen below key technical support in pre-market trading.
Wallstreetcn analysis indicates that the Nasdaq 100 Index (NDX) is approaching the lower bound of its multi-month trading range, with pre-market trading already showing further signs of weakness as NDX futures broke below an uptrend line and fell below the 100-day moving average. Meanwhile, Goldman Sachs data shows that hedge funds have net bought U.S. Technology, Media, and Telecommunications (TMT) sectors in 10 of the past 11 trading days, with long tech positions just established before the technical structure deteriorated. The analysis suggests that AI safety disputes and energy risks from the ongoing closure of Saudi oil pipelines could be catalysts for a repricing of tech stocks. The Semiconductor ETF (SMH) traded near $544 in pre-market, having already fallen below the lower bound of its consolidation range and the 100-day moving average, showing even weaker performance.
12:07
Bitmine projects $334M in annual staking revenue from its $15.8B crypto treasury
Bitmine has now staked over 5 million ETH, converting most of its Ether holdings into a recurring income stream as the company continues to accumulate crypto assets.
12:07
Goldman Sachs analysts warn of potential stock market trough if Fed hikes rates this week, citing historical precedent
Goldman Sachs analysts led by Ben Snider wrote over the weekend that if the Federal Reserve issues its first rate hike in three years this week, the equity market could face a tough period. Historically, the S&P 500 index has seen an average three-month return of negative 2% at the start of a Fed hiking cycle. The analysts attribute this to tightening cycles weighing on economic growth, marking the peak of high-valuation bull markets, and the capital-intensive nature of the current AI boom increasing sensitivity to capital costs. However, they also noted that the S&P 500 has averaged a 12-month return of 9% after such cycles, and the market may have already priced in 75 basis points of tightening by mid-2027, potentially mitigating the immediate impact.
12:06
Japanese memory chip maker Kioxia Holdings' startup EmotionX to offer cloud service for encrypted data analysis without decryption
Tokyo-based EmotionX aims to provide a secure platform for companies and government agencies to share data, with potential uses in defense and finance.
11:57
Argentina's YPF Nears LNG Sales Agreements for $24 Billion Vaca Muerta Project Ahead of November Investment Decision
Argentina's state-controlled energy company YPF is close to signing two or three LNG sales agreements, each covering 0.5 million to 1.5 million tonnes per year, for its planned $24 billion Vaca Muerta LNG project. CEO Horacio Marín stated at the Gastech conference that YPF aims to secure these agreements before partners, including Italy's Eni and Abu Dhabi's XRG, make a final investment decision in November. The project is designed to turn the Vaca Muerta shale formation into a major LNG source, with an initial capacity of 12 million tonnes per year, expandable to 18 million.
11:56
Yahoo Finance analysis: JPMorgan's JEPQ surged 88% since 2022 launch with $40B AUM, while Global X's QYLD gained 46% over five years with $8B AUM, due to differing Nasdaq call strategies.
Yahoo Finance analysis indicates that JEPQ's actively managed, out-of-the-money call strategy allows for stock appreciation alongside income, whereas QYLD's at-the-money call strategy maximizes premium income but caps all upside, leading to NAV erosion. JEPQ's share price has climbed 88% since its May 2022 debut, reaching a $40 billion asset base, while QYLD has gained 46% over five years with an $8 billion asset base, despite the Nasdaq roughly doubling over the same period.
11:56
Musk claims AI data centers are lowering consumer electricity prices, but Yahoo Finance analysis indicates that U.S. electricity prices have risen 4.1% over the past year and are higher than inflation.
Musk stated on Monday that AI data centers are leading to lower consumer electricity prices, citing Georgia Power's claim of $180 in annual savings for customers. However, a Yahoo Finance analysis pointed out that US electricity prices have risen by 4.1% over the past year, exceeding the overall inflation rate of 3.4% during the same period, contradicting Musk's assertion. The analysis also mentioned that the $180 annual saving cited by Musk applies only to a specific contract with a utility company in Georgia. Although power companies Southern Company and Vistra have both profited from AI electricity demand, Vistra's stock price has fallen by 30.21% over the past year.
11:56
Roblox Jumps 10% to Nearly $50 as Wedbush Lifts Target to $48 While Maintaining Neutral Rating
Roblox shares surged to $49.96 after Wedbush Securities analyst Alicia Reese raised her twelve-month price target to $48, citing potential growth acceleration from new tools announced at the developer conference. However, Reese maintained a neutral rating, awaiting more evidence on monetization and the timeline for these initiatives to impact bookings. The company's Q3 bookings guidance still projects an annual decline of 14% to 18%. Other gaming stocks, Take-Two and GameStop, each gained 1%, tracking the broader gaming ETF rather than Roblox's idiosyncratic surge.
11:51
Oracle shares fell 4.5% amid rising AI regulation concerns and expectations of a Federal Reserve rate hike.
Oracle's stock price fell 4.5% on Monday (September 14), primarily due to multiple factors. On one hand, AI companies such as Anthropic and OpenAI called for stronger AI regulation, leading to widespread pressure on the AI sector. On the other hand, last week's inflation data and rising oil prices intensified market concerns that the Federal Reserve might raise interest rates at its next meeting, which could increase Oracle's costs for expanding its AI data centers. Furthermore, co-founder Larry Ellison's decision to abandon plans to sell up to $7.5 billion worth of company stock, a move typically seen as positive, failed to offset the aforementioned negative impacts.
11:51
ServiceNow and Palantir released their Q2 FY2026 earnings reports, with ServiceNow's AI ACV surpassing $1 billion.
ServiceNow (NYSE: NOW) reported a 24% year-over-year revenue increase to $3.99 billion, with subscription revenue reaching $3.877 billion, and AI Annual Contract Value (ACV) surpassing $1 billion. Palantir (NASDAQ: PLTR) saw its revenue grow by 92.8% year-over-year, with US commercial revenue surging 149% to $764 million, adjusted free cash flow reaching $1.22 billion, and a profit margin of 63%.
11:51
Iranian state-linked Tasnim News rejects Trump’s claim that Tehran wants a quick deal with Washington
Iranian state-linked Tasnim News rejected Trump’s claim that Tehran wants a quick deal with Washington. The outlet said Iran has repeatedly stated it does not seek negotiations with the U.S. government, accusing Trump of making false claims about Tehran’s willingness to reach an agreement.
11:49
Houthi rebels launched a large-scale attack on a Saudi airbase and oil pipelines, causing international oil prices to surge over 4%, with Brent crude trading at $109.18 per barrel.
Yemen's Houthi rebels launched dozens of ballistic missiles and drones at Saudi Arabia's King Khalid Air Base in Khamis Mushait, southwestern Saudi Arabia, on September 14, and attacked a pumping station on the Saudi East-West oil pipeline, forcing its shutdown. Saudi oil traders warned that if the pipeline cannot resume operations within days, Saudi export inventories will be depleted, potentially affecting about 4% of global oil supply. Consequently, international oil prices rose, with Brent crude up over 4% to $109.18 per barrel. In addition, a regional meeting originally scheduled for September 14 in Oman has been postponed, and negotiations on navigation through the Strait of Hormuz have again reached an impasse, further exacerbating market concerns about energy transit in the Middle East.

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