Stock Market & Financial News
Can Phillips 66 Reach Its $5.50 Refining Cost Target in 2027?
PSX targets refining costs of $5.50 per barrel in 2027 as more than 200 initiatives drive efficiency, reliability and lower expenses.
TGT World Acceptance: A Buy As The Earnings Trough Reverses And Shares Outstanding Keep Shrinking
World Acceptance Corporation is rated Buy, with a $210–$225 valuation target, implying 11–18% upside as earnings recover and buybacks drive per-share value. WRLD's fiscal 2026 earnings trough was driven by transient factors; recent quarters show improving credit metrics, strong cash flow, and EPS normalization underway. The company repurchased 16.5% of shares in FY2026, leveraging $250M+ annual operating cash flow, but increased debt-to-equity from 1.2x to 1.7x to fund buybacks.
WRLD Nvidia's $3.5B MediaTek bet reveals its plan for tackling Big Tech's AI chip buildout
Nvidia is investing $3.5 billion into Taiwanese chipmaker MediaTek. As part of the deal, MediaTek will adopt Nvidia's technology that will help it design custom chips for AI companies and hyperscalers that can be plugged directly into Nvidia-based data centers.
NVDA Okta: Buy The AI Identity Breakout, But Do Not Chase Blindly
Okta, Inc. delivered a strong Q2 with 11% revenue growth, robust backlog, improved cash flow, and raised guidance, supporting my 'Buy' rating. OKTA's positioning in AI-agent security and identity governance is gaining traction, with early enterprise adoption suggesting durable demand beyond generic software trends. Free cash flow margin expanded from 22% to 28%, and the balance sheet strengthened, enhancing flexibility without heavy CapEx requirements.
OKTA 
MTG's Strong Fundamentals Support Earnings and Capital Returns
MGIC Investment's record NIW growth, expanding insurance base and strong capital cushion support earnings as mortgage credit gradually normalizes.
MTG 
Can Keysight's Solutions Accelerate Advanced IC Development?
KEYS' EDA solutions are accelerating advanced chip design, cutting cycles by over 50% and enabling AI chips to reach tape-out in under six weeks.
KEYS 
PGP: A High-Yielding Bond Fund With A Fully-Covered Distribution
The PIMCO Global StocksPLUS & Income Fund primarily holds bonds, despite its branding as a hybrid equity-bond fund. PGP's minimal equity exposure limits upside from stock market strength; its performance closely tracks leveraged bond funds. Rising rates and inflation have pressured bond prices, but PGP offers a fully covered 9.47% yield with a six-year distribution track record.
PGP 
Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder
Strive's latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.
LLY's Mounjaro Gets FDA Nod to Cut Cardiovascular Risk in Diabetes
Eli Lilly's Mounjaro wins FDA approval to reduce cardiovascular risk in high-risk T2D patients, expanding its use and commercial opportunity.
LLY 
Balancer V1 Pool Hacked for $234K in Same Bug Family
A Balancer V1-style liquidity pool lost roughly $234,000 to a rounding-error exploit on August 31, according to Slowmist, the same category of bug that drained $116 million from Balancer's V2 pools last November.
Kalshi slaps scandal-ridden George Santos with first-ever lifetime ban over shady bet
Kalshi said Monday that it has slapped scandal-ridden former Rep. George Santos with its first-ever lifetime ban after he allegedly made more than $17,000 in illicit bets on the prediction market.
STOSF 
LexinFintech Holdings Ltd. (LX) Q2 2026 Earnings Call Transcript
LexinFintech Holdings Ltd. (LX) Q2 2026 Earnings Call Transcript
LX 
Wall Street analyst sets Google (GOOGL) price target for next 12 months
Although Alphabet (NASDAQ: GOOGL) stock has experienced a strong rally, since early 2025, catalyzed by the Artificial Intelligence (AI) boom, Andrew Boone, a Wall Street analyst at Citizens, expects another uptrend towards a new all-time high (ATH) over the next 12 months.
GOOGL 
Jim Cramer Calls Netflix “A Buy, Not a Huge Buy” After Shares Fall 35% in a Year
A longtime Netflix shareholder called into Mad Money last week wondering if Netflix (NASDAQ:NFLX | NFLX Price Prediction) is still the same company he originally bought: “I've been a believer in the importance of corporate leadership just like you, and
NFLX 
Kalshi permanently bans former GOP Rep. George Santos over illegal trading
The prediction market platform Kalshi issued former GOP Rep. George Santos a lifetime ban after he allegedly traded on whether he would attend this year's State of the Union address.
GOP 
LexinFintech Q2 Earnings Call Highlights
LexinFintech NASDAQ: LX reported second-quarter net income of CNY101 million as tighter funding conditions and broader industry risk concerns pressured its loan facilitation operations. Management said recent risk events involving certain industry peers prompted funding providers to tighten or suspend supply across the sector, affecting new loan originations and increasing uncertainty around asset quality.
LX 
So-Young International Q2 Earnings Call Highlights
So-Young International NASDAQ: SY reported record quarterly revenue for the second quarter of 2026, driven by continued rapid growth in its aesthetic treatment services business, while its net loss narrowed from a year earlier.
SY 
Arrowhead's Plozasiran Cuts Triglycerides, Pancreatitis Risk in Phase 3 Trials
Arrowhead Pharmaceuticals NASDAQ: ARWR presented 12-month results from its Phase 3 SHASTA-3 and SHASTA-4 trials evaluating plozasiran in adults with severe hypertriglyceridemia, reporting substantial reductions in triglycerides and acute pancreatitis events versus placebo. The company said the data were presented at the European Society of Cardiology Congress in Munich and have been accepted for publication in a major medical journal.
ARWR 
BitMine is now 133,900 ETH short of its 5% treasury goal
BitMine's Ethereum treasury has reached 5.90 million ETH, leaving the company 133,900 tokens away from its 5% ownership target.
Can Rising Adoption of IntentKey Accelerate INUV's Long-Term Growth?
Inuvo's IntentKey is gaining enterprise traction as larger campaigns and new markets can help accelerate audience modeling growth.
INUV 
JPM Stock Gains 20.6% in 3 Months: Key Factors to Watch Before Buying
Shares of JPMorgan JPM have gained 20.6% over the past three months, reflecting investors' optimism about the banking giant's solid operating performance, diversified revenue streams and resilient balance sheet. Strength across investment banking (IB) and trading, continued growth in loans and deposits, and healthy consumer activity have supported the rally.
JPM 
MercadoLibre's Free Shipping Bet Keeps Brazil's Growth Accelerating
MercadoLibre's lower free-shipping threshold in Brazil boosts conversion, purchase frequency and cross-category shopping as unit economics improve.
MELI 
Best Momentum Stocks to Buy for August 31st
ONTO, KWR and CBRL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 31, 2026.
CBRL 
Today Is Tim Cook's Last Day as Apple's CEO. John Ternus Takes Over Days Ahead of a Big Event
One of the country's most valuable companies is getting a new CEO this week.
AAPL 
Best-Performing Leveraged ETFs of August
Leveraged ETFs soared in August as biotech, crypto, AI and gold-related stocks rallied, delivering triple-digit gains across several funds.
CRMG 
Zcash Zakura Cuts Private Transaction Proof Time Below 200ms
Zakura Common can cut some Zcash private-transaction creation times from more than three seconds to under 200ms, without a network upgrade.
Cronos Halts Chain After $75M Tectonic Lending Exploit
Cronos resumed block production after validators rolled chain state back before the Tectonic exploit, which researchers estimated affected $75 million.
The Overlooked AI Bet That Could Outperform NVIDIA by 2027
Memory stocks quietly powered one of the steepest AI trades of the cycle, but Micron now sits at a crossroads where a blowout quarter and a $100 billion sales backlog collide with surging capex and insiders selling at a decade-high
NVDA 
Robinhood Chain Beats Ethereum in Daily Revenue as Memecoin Trading Surges
Robinhood Chain apps earned about $2.66 million in 24 hours on Aug. 30, beating Ethereum as memecoin trading drove activity.
Don't Miss These 3 Companies Delivering Strong Guidance Updates
Raised guidance suggests that company leadership sees some combination of stronger demand, improved margins, or better operational execution relative to what they had previously expected; in other words, things are going more right than anticipated. This makes guidance increases one of the most important positive signals in a quarterly report, despite the fact that top- and bottom-line beats tend to grab headlines.
AVT 
