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9/15
11:01
Third-party logistics provider Radiant Logistics (NYSE: RLGT) announced better-than-expected fourth-quarter results after market close on Monday. For the quarter ended June 30, the company reported revenue of $261 million, a 19% year-over-year increase, exceeding market consensus by $30 million. Adjusted earnings per share were $0.15, up $0.04 year-over-year, and $0.06 above expectations. Following the news, the company's stock price rose 16% in early Tuesday trading.
11:01
Shares of iBuyer companies were under pressure in Tuesday morning trading due to interest rate hike concerns. Opendoor Technologies (NASDAQ:OPEN) fell 4% to $2.68, Zillow Group (NASDAQ:Z) dropped 2% to $32.57, while Offerpad Solutions (NYSE:OPAD) was flat at $3.63. This follows the 10-year U.S. government bond yield rising above 5.01% and the 30-year fixed mortgage rate at 7.25%, which has squeezed iBuyer companies' financing costs and reduced homebuyer affordability. Analysts recommend maintaining moderate position sizes until government bond yields stabilize and housing transaction volumes show significant improvement.
10:57
BioNTech (NASDAQ:BNTX) reported that its investigational lung-cancer drug gotistobart produced a clinically meaningful overall-survival benefit in the Phase 3 PRESERVE-003 trial for patients with metastatic squamous non-small cell lung cancer. Reuters noted that gotistobart nearly doubled survival compared with standard-of-care chemotherapy, reinforcing its potential as a chemotherapy-free treatment. Earlier Stage 1 data showed a 54% reduction in the risk of death.
10:57
California-based Planted, specializing in autonomous power deployment, announced it has raised $31.8 million to scale its operations. The funding round, led by Piva Capital and RA Capital Management Planetary Health, with participation from Breakthrough Energy Ventures, Gigascale Capital, Google, and Khosla Ventures, will expand its robotic fleet and support the launch of Sage, its next-generation robot. CEO Eric Brown stated that global solar deployment needs to accelerate fivefold to meet 2050 projections, addressing constraints in supply chains, land, interconnection, and skilled labor. Planted's system combines planning software, high-density terrain-following solar arrays, storage, and field robotics, enabling faster construction and higher energy output per acre. The company deployed over 10 MW in 2025 and is on track for 100 MW in 2026, with a project pipeline exceeding 20 GW.
10:56
JPMorgan analysts, following a meeting with ASML CFO Roger Dassen, reported that the company is exploring ways to produce more than 110 EUV lithography systems in 2028. This target represents at least a 37.5% increase from the projected 80 EUV systems for 2027, with the expansion primarily driven by surging demand for AI chips. ASML's EUV machines are crucial for manufacturing leading-edge AI processors, and customers including TSMC, Samsung, SK Hynix, and Intel are expanding advanced-chip capacity. ASML effectively holds a monopoly in the EUV market.
10:56
Federal Reserve Chairman Kevin Warsh is tasked with fighting inflation, while Treasury Secretary Scott Bessent serves as the nation's top bond salesman. With the 10-year Treasury yield holding near 5% on Tuesday, the report suggests only one appears to have a good chance of success.
10:56
According to Reuters, Kimberly-Clark (KMB) is preparing to divest assets to resolve EU antitrust issues regarding its planned $40 billion acquisition of Kenvue. The company aims to secure European Commission approval by the September 29 deadline, thereby avoiding a more extensive four-month investigation. Similar regulatory concerns in Australia led to conditional approval after Kimberly-Clark agreed to divest Kenvue's Carefree and Stayfree brands.
10:55
Yahoo Finance analysis indicates that clean energy company Bloom Energy achieved revenues of approximately $2 billion in fiscal year 2025, a year-over-year increase of 37.3%. However, its net loss expanded to about $88.4 million (compared to a loss of approximately $29.2 million in fiscal year 2024), with free cash flow nearing $57.2 million. Traditional oil giant Diamondback Energy reported revenues of approximately $14.3 billion for the same period, up 36.3% year-over-year, but its net profit decreased to about $1.7 billion (compared to a net profit of approximately $3.3 billion in fiscal year 2024), with free cash flow around $5.5 billion. The article suggests that despite the significant differences in business models and risk profiles between the two companies, Diamondback Energy is expected to perform better in 2026 investments due to its strong free cash flow and profitability.
10:51
Satellite imagery confirms a key East-West oil pipeline in Saudi Arabia has been severely damaged following a strike last week, which experts tell BBC Verify could reduce global oil supplies by as much as 3.6 million barrels per day (about 3.6% of global demand). Repair efforts are estimated to take over a month. The Saudi government has accused Iranian-backed militias in Iraq of the strike, which also saw Yemen's Houthi group attack Saudi Arabia's King Khalid Air Base. Brent crude was trading as high as $108 a barrel on Tuesday, after Saudi Arabia closed the pipeline as a precaution on Friday.
10:50
On September 15, Harmony Intelligent Mobility Alliance announced that the AITO brand will explore a new model under the cooperation framework, with SERES leading product definition, product design, brand marketing, channel retail, and service system, while Huawei Terminal will participate in empowerment. Insiders revealed that some original Harmony Intelligent Mobility Alliance stores will also be transferred to SERES, only displaying and selling AITO models, and AITO will form an independent sales channel. SERES management believes that it has the capability to undertake product and service work under the new model and will have greater operational freedom. AITO's high-end luxury positioning remains unchanged, and existing user rights and subsequent services will not be affected. This adjustment aims to allow SERES, which bears the investment and operating results of the complete vehicle, to more directly coordinate product pace and return on investment. SERES reported a net loss attributable to the parent company of 1.717 billion yuan in the first half of this year, and its August car sales decreased by 49.68% year-on-year, facing operational pressure.
10:50
Yee Jiun Song, VP of Engineering at Meta, stated that the company's self-developed chips are more efficient when running AI models compared to NVIDIA's currently shipping products. The company plans to deploy over 1 gigawatt equivalent of power on its self-developed chips within the next 12 months, with accelerated expansion expected thereafter. Meta collaborates with Broadcom for chip design and TSMC for manufacturing. The company has canceled its previously planned training chip project to focus on inference chips to control costs.
10:49
Jason Thomas, Head of Global Research and Investment Strategy at Carlyle Group, stated during the Carlyle Global Investor Conference in Washington that the Federal Reserve faces "immense pressure" to raise interest rates by 25 basis points. He also noted that a slowdown in the AI investment boom is "more likely" to occur.
10:45
MediaTek unveiled its first 2nm flagship mobile chip, the Dimensity 9600 Pro, on September 15, utilizing TSMC's 2nm process. According to MediaTek lab tests, the chip's CPU single-core performance has improved by up to 17%, and its GPU peak performance by up to 27%. vivo has announced that its X500 Pro series will be the global debut for the Dimensity 9600 Pro, and the OPPO Find X10 Pro Max will also feature it. Both phone series are expected to be released on September 21 and 22, respectively.
10:45
German steel manufacturer Salzgitter Flachstahl and renewable energy company Zelestra have signed a long-term hybrid solar-plus-battery storage power purchase agreement (PPA) in Germany. This marks the first hybrid solar-plus-storage PPA in Germany for both companies. The agreement will supply 158 GWh of green electricity annually for low-carbon steel production, supported by two new hybrid facilities providing 147 MW of solar capacity and 79 MW/237 MWh of battery storage. Salzgitter Flachstahl will also control the operation of the battery storage systems, which will be charged solely from surplus solar generation.
10:42
The banks plan to begin inviting investors early next year to provide risk transfer support for the $2 billion loan.
10:39
To secure AI demand for NVIDIA GPUs, Anthropic has committed $30 billion to Microsoft Azure infrastructure (powered by NVIDIA chips) and $45 billion to lease AI computing power from Nscale, which is expected to use NVIDIA's Vera Rubin chips. However, Anthropic is also collaborating with other suppliers and developing custom chips, which could diversify its long-term infrastructure strategy and pose a risk to NVIDIA's market share. Additionally, Anthropic's valuation reached $965 billion after its May 2026 funding round, and this IPO valuation has doubled, presenting NVIDIA with the risk of investing at a high valuation.
10:33
The move aims to align the Netherlands with most European countries on how they tax wealth.
10:33
Carlyle Group Inc.'s Head of Global Research and Investment Strategy, Jason Thomas, stated that lenders' approach to data centers bears "unsettling similarities" to the mortgage model before the financial crisis.
10:29
Broyhill Asset Management noted in its Q2 2026 investor letter that cloud software company ServiceNow (NOW) fell 21% in the second quarter, but the firm maintained its confidence and increased its holdings. Broyhill believes that ServiceNow's Now Assist annual contract value target was raised by 50% to $1.5 billion, and over half of new business is priced by consumption rather than seats, with a total renewal rate of 97%, indicating it is not an obvious AI victim. Broyhill stated that it has exited other related positions such as HubSpot and Intuit, but increased its holdings in ServiceNow.
10:28
The company plans to fully resume operations at the Hemerdon tungsten mine in Devon, UK, in Q1 2027, following its closure in 2018. The mine's reserves are expected to contribute 4.1% of global tungsten production, aiming to provide a non-Chinese source of tungsten for the European market. Previously, the UK's national wealth fund invested up to $95.74 million to support the project's restart. This move comes as global demand for tungsten is projected to rise, and China, which produces approximately 80% of the world's tungsten concentrate, faces export restrictions.

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