Stock Market & Financial News
Bitcoin Eyes Another Rally as Bulls Defend $77K Support
Bitcoin could be preparing for another move higher after buyers successfully defended key support during a volatile end to August, according to prominent crypto trader DonAlt. Looks like were gonna get another leg up soon, DonAlt wrote on X on Aug. 31, pointing to Bitcoins resilience following a sharp intraday decline.
Bitwise XRP ETF surpasses $500M AUM in nine months
The rapid growth of Bitwise's XRP ETF highlights increasing institutional interest, potentially boosting XRP's market position and future prospects. Bitwise XRP ETF surpasses $500M AUM in nine months.
Binance to Delist 12 Margin Trading Pairs Including SUI, AVAX and LINK
Binance is preparing to remove 12 margin trading pairs in early September, with major cryptocurrencies including Sui (SUI), Avalanche (AVAX) and Chainlink (LINK) among the affected assets. According to Binances latest announcement, the crypto exchange will delist the selected margin pairs on September 3, 2026, at 06:00 UTC.
CEG vs. VST: Which Nuclear Utility Stock Stands Out for Investors?
Vistra stands out among nuclear utility stocks with stronger earnings growth, higher ROE and margins, and a cheaper valuation, despite more debt.
CEG 
Forget XLU: These 3 Utility Dividend Stocks Offer More Exposure to AI
XLU gives you exposure to over 30 utilities, but the AI data-center boom is quietly concentrating inside just a handful of them, and owning the fund means paying for a lot of names that will miss the surge entirely.
XLU 
BNTX Ends Colorectal Cancer Immunotherapy Study, Stock Down
BioNTech discontinues a phase II colorectal cancer study after updated data show an efficacy imbalance, while a pancreatic cancer study continues.
BNTX 
Neurocrine's Crenessity Gains Ground in CAH: How Far Can Sales Go?
NBIX's Crenessity gains rapid traction in CAH, with sales soaring and low patient penetration leaving room for growth.
CAH 
XRP Eyes Strong September as ETF Inflows Fuel Bullish Outlook
XRP could defy the crypto markets historically weak September performance as favorable price patterns, institutional demand and potential regulatory developments strengthen its outlook. September has traditionally been a difficult month for cryptocurrencies, particularly Bitcoin.
Bitcoin Price Holds Above $78.5K as August Gains Near 25%
Bitcoin's price fell to an intraday low of $77,024 following reported military clashes between U.S. and Iranian forces. The cryptocurrency quickly recovered, consolidating near $78,600. Strong August Performance Bitcoin's price appeared to consolidate around $78,000 on the last day of August after the latest direct military exchanges between the U.S.
Golar LNG: A New Era Of Growth With The Fourth FLNG And More (Rating Upgrade)
Golar LNG is upgraded to Buy following the order of its fourth FLNG, signaling renewed growth prospects. GLNG's fleet expansion, strong financial position, and management's disciplined approach underpin a fair value estimate of $75 per share, implying 45% upside. Management targets up to seven FLNG units, with each new contract potentially boosting earnings and valuation significantly.
LNG 
Live Nation Urban Says It's In The ‘Black Audience Business'
Live Nation Urban is expanding beyond live events into content, IP, and global markets centered on Black audiences and creators, ultimately raising the question of whether scaling Black culture can also mean scaling Black ownership.
LYV 
Avient Unveils Next-Generation Dyneema SK80 Fiber at SMM 2026
AVNT will debut Dyneema SK80 at SMM 2026, offering at least twice the durability and fatigue resistance of SK78 for demanding mooring applications.
AVNT 
Earnings Estimates Moving Higher for HP (HPQ): Time to Buy?
HP (HPQ) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
HPQ 
Surging Earnings Estimates Signal Upside for Abercrombie (ANF) Stock
Abercrombie & Fitch (ANF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ANF 
Katie Stockton monitors improving crypto technicals as Bitcoin clears key moving average
Bitcoin's technical breakout suggests potential for sustained bullish momentum, impacting trader strategies and market sentiment positively. Katie Stockton monitors improving crypto technicals as Bitcoin clears key moving average.
USDC Treasury mints 130.7M USDC as Circle's weekly issuance approaches $5B
USDC's expanding issuance enhances crypto market liquidity, intensifies competition with USDT, and signals Solana's growing institutional appeal. USDC Treasury mints 130.7M USDC as Circle's weekly issuance approaches $5B.
Kioxia: Buy The Normalization, Not The 75% Margin
Kioxia Holdings delivered a blockbuster quarter, driven by tight NAND supply and soaring prices, with a 75% operating margin and robust cash generation. KXIAY and Sandisk plan a ¥5 trillion ($31B) NAND investment through 2032, but major capacity additions won't impact supply until 2029 or later. AI-driven enterprise SSD demand is structurally supporting NAND pricing, while consumer markets remain weak; Kioxia is pursuing long-term agreements to stabilize future volumes.
KXIAY 
SEIC Shares Hit a New 52-Week High: Is There Further Upside Potential?
SEI Investments stock touches a new 52-week high as revenues, client assets, and LSV flows strengthen, with technology and outsourcing growth supporting its outlook.
SEIC 
Will CarMax (KMX) Beat Estimates Again in Its Next Earnings Report?
CarMax (KMX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
KMX 
PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability
A California bill is “more focused on victim protections without any new investor protections,” according to analysts.
PCG 
Massive Bitcoin derivatives gap between CME and Coinbase threatens violent position shakeout
The 41,252.1 BTC CME position dwarfs Coinbase's 151.62 BTC residual, while any hedge leg could offset a squeeze.
CAKE Stock Soars 70% in the Past 3 Months: Can the Rally Continue?
The Cheesecake Factory Incorporated CAKE has dramatically outperformed the restaurant industry over the past three months. While the industry has gained just 0.5%, CAKE's shares have surged about 70.1%, reflecting a sharp improvement in investor sentiment.
CAKE 
Does ASML's Dominant Position in EUV Signal Further Upside?
ASML's EUV dominance, rising AI chip demand and High-NA systems position it to capitalize on the semiconductor investment cycle.
ASML 
Strive Adds 1,800 Bitcoin And Climbs Into Top Five Corporate Holders
Strive acquired 1,800 Bitcoin for $143 million between August 24 and 28, at an average price of $79,431 per unit. The purchase raised the company's total holdings to 23,156 BTC, positioning it as the fifth-largest publicly traded corporate holder. Strategy also resumed its Bitcoin purchases, adding 4,603 BTC at an average price of $80,318.
USD/MXN Forecast: Mexican Peso Remains Under Pressure Following Jackson Hole
Over the last few trading sessions, a loss of momentum in the Mexican peso has become increasingly evident. USD/MXN has gained approximately 0.57% over the past four sessions, reflecting a moderate recovery in the U.S. dollar against the Mexican currency.
Cardano Millionaires Load Up: Supply Overhead's Next
The main question as big-timers return: can Cardano's millionaires punch through this overhead supply wall?
Centrifuge's HYB token receives A rating from Particula, boosting credibility of tokenized high-yield bonds
The A rating for HYB enhances trust in tokenized assets, potentially accelerating institutional adoption of blockchain-based financial products. Centrifuge's HYB token receives A rating from Particula, boosting credibility of tokenized high-yield bonds.
Tim Cook's parting message: Apple is in the hands of a product builder
On his last day as Apple CEO, Tim Cook offered a rousing endorsement of his successor: John Ternus, the company's senior vice president of hardware engineering. In a memo to employees, Cook reminded staff that he's “not leaving Apple,” just stepping away from the role of CEO, while declaring that “few people understand what it takes to build products that change the world the way John does.
AAPL 
Ethereum ETFs pull in $60M in a single day as institutional appetite keeps building
Institutional interest in Ethereum ETFs signals a growing acceptance of digital assets, potentially reshaping traditional investment landscapes. Ethereum ETFs pull in $60M in a single day as institutional appetite keeps building.
Aon's $17B USI Deal Targets Middle-Market Insurance Dominance
AON NYSE: AON said it has entered a definitive agreement to acquire U.S. middle-market insurance broker USI in an all-cash transaction valued at approximately $17 billion, or $16.7 billion net of certain tax attributes. The company expects the deal to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions.
AON 
