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9/16
09:49
Norway’s sovereign wealth fund, the world's largest, reported $2.4 billion in profits from its remaining Israeli holdings in the first half of 2026, marking a 15.7% increase since the end of 2025. This comes despite the fund having cut its Israeli holdings from 61 to 29 companies last year, a move that has prompted renewed ethical concerns among campaign groups and charities.
09:49
Chinese Foreign Minister Wang Yi told his Iranian counterpart, Abbas Araghchi, in Beijing on Wednesday that China is willing to strengthen dialogue and cooperation with Iran to safeguard its legitimate rights and interests. Wang encouraged Iran and the US to remain rational and restrained, and urged all parties to take effective measures to reopen the Strait of Hormuz soon. He added that the current situation highlights the inadequacy of the existing Middle East security architecture, which needs reform and strengthening. The meeting comes a week before Chinese President Xi Jinping's planned trip to the US to meet Donald Trump, where the war on Iran and the Strait of Hormuz situation are expected to be discussed.
09:48
On September 16, Bitcoin ETFs experienced a net outflow of 5,353 BTC, equivalent to $405.45 million. Over the past 7 days, Bitcoin ETFs recorded a total net outflow of 9,908 BTC, or $750.42 million. Ethereum ETFs also saw a net outflow of 51,443 ETH, or $123.48 million on September 16, though their 7-day net flow remained positive at 34,334 ETH, or $82.42 million.
09:48
Weitz Investment Management, in its Q2 2026 investor letter for the Multi Cap Equity Fund, highlighted Netflix, Inc. (NASDAQ:NFLX) as a newly added position. The firm is optimistic that Netflix's introduction of an ad-supported tier is a savvy strategy to extend its growth runway, allowing it to participate in the global advertising market and broaden its customer base. The Multi Cap Equity Fund returned 7.90% in Q2, underperforming the Bloomberg U.S. 3000 Index's 15.71% gain. As of September 15, 2026, Netflix closed at $77.90 per share, with a market capitalization of $324.37 billion. Its shares lost 36.59% over the past 52 weeks.
09:47
US retail sales broadly rose 1.2% in August, surpassing the estimated 0.8% increase, indicating continued consumer spending despite higher gasoline prices. Twelve of 13 retail categories reported increases, boosted by back-to-school shopping. This follows a decline in July.
09:47
The fund stated that it has long been bullish on Mettler-Toledo's business and bought a small position during a brief period of stock price misalignment this quarter. As of September 15, MTD's stock price was $1,330.40, down 6.64% over the past month and up 4.43% over the past 52 weeks, with a market capitalization of $26.66 billion. The fund's return in the second quarter was 7.90%, underperforming the Bloomberg US 3000 Index's gain of 15.71%.
09:47
The Financial Times reported that Beijing has cushioned the global impact of the Iran war by drawing down its oil stocks, but is now 'coming off its crash diet', indicating a shift in its strategy to manage oil supply amid regional tensions.
09:46
At the Fashion Tech Show in Los Angeles on Tuesday, experts highlighted that AI and automation technologies could mitigate issues like high labor costs and disjointed supply chains, which currently hinder the return of manufacturing to the U.S. CreateMe Technologies, an AI robotics company, is already automating apparel manufacturing to enable faster, localized, on-demand production. Black Swan Textiles' Keith Hoover noted AI's potential in product creation and inventory planning to reduce overproduction, while Lalaland Production and Design's Alexander Zar emphasized the need for automated processes like 3D knitting and printing for mass-market onshoring, especially given the limited domestic raw material supply.
09:46
Nvidia stated in its fiscal 2027 second-quarter results last month that memory price hikes are here to stay, expecting margin pressure due to higher component costs. South Korean memory giant SK Hynix anticipates the memory shortage to worsen next year, with demand potentially outstripping supply beyond 2030. Consensus estimates project Micron's fiscal 2027 revenue to grow by 88% to $244.5 billion, and earnings per share to jump by 112% to $156.07. Micron Technology is set to release its fiscal 2026 fourth-quarter results on September 30.
09:41
HIVE Digital Technologies subsidiary BUZZ High Performance Computing Inc. has partnered with Vancouver-based applied-AI and data engineering company ProCogia. Under the agreement, ProCogia will procure dedicated GPU capacity from BUZZ HPC's Canadian data centers to layer its applied-AI stack, including LLM hosting and bespoke model training, for enterprise and small- and medium-business clients in Canada, the United States, and Europe. ProCogia will also become a preferred applied-AI services partner for BUZZ HPC's customers, with plans to co-sell into the U.S. and Europe.
09:37
Cointelegraph analysis indicates that the identity theft incident at Revolut exposed the inherent risks of "Know Your Customer" (KYC) processes. The article suggests that zero-knowledge technology could resolve this issue by allowing companies to verify identities without storing user identification documents.
09:36
Cathie Wood made a bold revenue prediction for SpaceX's Starship spacecraft on Tuesday evening. SpaceX is a significant holding in ARK's funds and is preparing for the spacecraft's 14th flight next week.
09:32
The Chinese artificial intelligence developer Z.ai disclosed during an investor call on Wednesday that its updated annual recurring revenue (ARR) projection is up from a previous estimate of about US$2.4 billion. The firm indicated that the fresh US$5 billion cash injection helped clear its computing capacity bottlenecks.
09:30
The analysis indicates that NVIDIA's Q2 FY2027 revenue reached $96.22 billion, a year-over-year increase of 105.8%. Within this, data center revenue was $89.02 billion, up 117% year-over-year, and networking revenue was $40.31 billion, up 138% year-over-year. Management projects Q3 revenue to be $108 billion and anticipates revenue growth of approximately 70% for FY2028. Additionally, analysts have revised their earnings per share (EPS) forecast for NVIDIA in FY2028 from $12.67 to $15.57 within 90 days, suggesting its profitability continues to outpace valuation multiples.
09:25
German semiconductor giant Infineon Technologies announced the divestiture of its memory business, selling its NOR Flash and F-RAM divisions to Taiwanese memory manufacturer Winbond Electronics for $1.12 billion in cash. The transaction is expected to close in the second half of 2027, pending regulatory approvals. This business primarily serves automotive, industrial, and infrastructure customers, and will operate as an independent entity headquartered in Silicon Valley after the transaction. Infineon's move aims to further focus on its core businesses, while Winbond Electronics will significantly expand its footprint in the specialized memory market.
09:24
SK Hynix, a South Korean memory chip giant, is in talks with Intel to produce RAM chips in the United States for the first time, Reuters reported, citing anonymous sources. Options under discussion include SK Hynix leasing space at Intel's Ohio factory or forming a joint venture that could include cloud service providers. SK Hynix responded to TechCrunch on Wednesday, stating that the company is exploring various options to strengthen its global competitiveness, but no specific plans or arrangements have been finalized, nor have decisions been made regarding the two scenarios mentioned in the report. SK Hynix is already building a $3.8 billion advanced packaging and research facility for AI chips in Indiana, expected to begin production in 2029.
09:20
Wasatch Global Investors noted in its Q2 2026 investor letter that its Long/Short Alpha Fund's short positions performed poorly, with Bloom Energy Corporation (NYSE:BE) being one of the biggest detractors. The fund believes that Bloom Energy's recent significant stock price increase reflects excessive AI-related euphoria in the small-cap market. As of September 15, Bloom Energy's stock price was $259.35, up 25.51% over the past month and 225.53% over the past year, with a market capitalization of $76.39 billion.
09:20
Real REMAX Group Inc. (NASDAQ:REAX), a real estate technology company, saw its stock decline 30.93% over the past month and 61.84% over the past year, closing at $19.27 per share on September 15, 2026. Wasatch Long/Short Alpha Fund, in its Q2 2026 investor letter, cited concerns that AI may disrupt Real REMAX Group's business model as a key reason for the stock's weakness.
09:16
Societe Generale global strategist Albert Edwards previously advocated for the Federal Reserve to maintain interest rates at their current level of 3.5% to 3.75%. He stated that he is starting to feel a real "sense of foreboding" about the inflation outlook due to the growing divergence between crude oil and refined energy prices.
09:15
The analysis projects Broadcom's AI semiconductor revenue to reach $115 billion in fiscal year 2027 and $230 billion in 2028. Based on these forecasts and a projected 45% profit margin by FY 2028, the stock could be priced at $3.78 trillion, indicating a 118% upside from its current market cap of $2.7 trillion. This would turn a $5,000 investment into nearly $11,000.
09:14
Ispire Technology (NASDAQ:ISPR) reported Q4 revenue of $26.7 million for the quarter ended June 30, 2026, up 33% year over year and 43% sequentially. The company posted a net loss of $13.8 million and an adjusted EBITDA loss of $2.3 million, an improvement from the prior year. For fiscal 2027, Ispire is focusing on Malaysia as a central growth initiative, having begun producing vapor products and nicotine pouches at company-owned facilities there. It also plans further investments in automation and capacity and is pursuing commercialization opportunities for its IKE age-gating and product-authentication platform.
09:10
The alliance aims to address power constraints faced by AI infrastructure expansion in the U.S. by developing technologies and operational methods that enable data centers to dynamically adjust power consumption based on grid conditions. AEMA will collaborate with utility companies and advocate for relevant policies to achieve rapid and sustainable development of AI infrastructure.
09:09
Nokia shares rose 6% to $10.39 in early Wednesday trading after the company announced its AI-RAN platform had moved from the evaluation phase to field trials with eight global operators. The platform has already demonstrated over 20% improvement in spectrum efficiency. Meanwhile, Ericsson and NVIDIA shares were up less than 1%, suggesting the market currently views this as a Nokia-specific event rather than a broad industry positive.
09:09
Shares of Coinbase Global (COIN) are up 1% to $174, Strategy (MSTR) is up 1% to $130.66, and Robinhood Markets (HOOD) is up 0.57% at $111.08 in early Wednesday trading. This comes after the U.S. Senate rejected the Clarity Act, a market structure bill for digital assets, by a 50-49 vote on Tuesday, falling short of the 60 votes needed to advance. Analysts suggest the market had already priced in the defeat during Tuesday's sharp selloff. Meanwhile, the iShares Bitcoin Trust ETF (IBIT) is down 0.2%, while the SPDR S&P 500 ETF Trust (SPY) is up 0.35%.
09:08
The analysis suggests a correction could be triggered by factors including higher interest rates, a massive national debt, an overbought market, fading AI momentum, and geopolitical fallout. Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, leaving successor Greg Abel with a significant cash reserve to deploy during a downturn, potentially targeting reliable dividend stocks like Coca-Cola and Chevron.

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