Stock Market & Financial News
Gold climbs as Yen-led US Dollar decline outweighs hawkish Fed expectations
Gold climbs as Yen-led US Dollar decline outweighs hawkish Fed expectations
Ciena Stock Rises as AI Drives Demand and Leads to an Earnings Beat
Ciena stock advances after the optical networking company reports better-than-expected earnings and raises fiscal-year revenue guidance.
CIEN Obsidian Energy: I Still See Plenty Of Upside From Here
Obsidian Energy remains a strong buy as robust oil market conditions and rising WTI prices support continued outperformance. OBE's increased CapEx by nearly 50% to $300–$325 million signals management's bullish outlook and commitment to asset expansion. Despite a 3% YoY production decline, higher realized prices drove net income to C$42 million, up from C$15.3 million last year.
OBE SPYM: S&P 500 Monthly Dashboard For September
The S&P 500 median company is overvalued by 5.75% versus 11-year historical averages, with quality scores slightly above baseline. Energy leads in value and quality; real estate and healthcare are undervalued, while technology and materials are notably overvalued. Despite strong earnings growth, correction risks are signaled by high short interest, technical indicators, narrow market breadth, and an interest rate uptrend.
SPYM 
Micron's Q4 2026 Period Will Be Another Record Quarter
Micron is positioned to show record results for fiscal 4Q26, driven by robust DRAM demand and AI-related tailwinds. HBM and LPDDR innovations are fueling data center growth, with HBM supply constraints supporting elevated memory pricing and long-term contracts booked through 2028. I view MU as a buy for long-term investors, despite cyclical risks and potential future supply/demand imbalances from new fab buildouts.
HBM 
Ross Gerber Points to SpaceX to Explain Why He Finds Bitcoin Price Predictions 'One of the Funnier Ideas'
Well-known investor Ross Gerber highlighted fundamental differences in how public stocks like Space Exploration Technologies Corp. (NASDAQ:SPCX) are valued compared with Bitcoin (CRYPTO: BTC). ‘Well-Worn Methods' Available to Value Public Stocks In an exclusive interview with Benzinga, Gerber said he finds Bitcoin price predictions “one of the funnier ideas,” questioning how anyone can set a target for an asset with no earnings or revenue.
Eos Energy (EOSE) Stock Rebounds 19% Following Google Partnership Reveal
Shares of Eos Energy Enterprises climbed 18.75% during Wednesday's trading session, reaching $3.61, following the revelation of a three-party collaboration involving Google and renewable power developer MN8 Energy.
'No steering wheel, no pedals.' Tesla teases fans ahead of long-awaited Cybercab update
Tesla tantalized fans with posts on X saying "try it," and "no steering wheel, no pedals" ahead of a planned, invitation-only Cybercab event in Austin, Texas on Thursday. Elon Musk's automaker first unveiled the company's Cybercab in October 2024.
TSLA 
Walmart wants a bite of DoorDash and Uber Eats
Walmart is taking on DoorDash and Uber Eats with a new restaurant delivery partnership. The retailer will start delivering from Dunkin' locations, it said on Thursday.
WMT 
Monster insider trading alert for Microsoft stock
With a September 1 stock sale, CEO Satya Nadella joined the rather small club of 2026 Microsoft (NASDAQ: MSFT) insider traders and simultaneously became responsible for more than half the value raised by senior personnel via the market.
MSFT 
Solana Price Prediction: Next Bullish Target Revealed
Explore Solana's price outlook, key resistance levels, market momentum, and the next potential bullish target for SOL.
Bitcoin Price Prediction: The Road to the Next All-Time High
Explore Bitcoin's price outlook, key resistance levels, market trends, and what could drive BTC toward its next all-time high.
Tesla's Cybertruck Launched at $120K and Was Called “the Biggest Flop in Automotive History.” Can Range Rover's $138K EV Avoid the Same Fate?
Bloomberg just labeled the Cybertruck the biggest flop in automotive history, and Range Rover is about to roll out its own six-figure electric vehicle into the same skeptical market.
TSLA 
Where are Crypto Whales Buying Next After Bitcoin's Rally
Bitcoin's price rally is reshaping the crypto capital rotation trade, with whale activity showing where large holders are positioning beyond BTC. While Bitcoin remains the core institutional asset, Ethereum, Solana, XRP and Hyperliquid are attracting fresh attention as traders seek stronger relative performance and higher-beta opportunities.
EUR/JPY – Steep fall extends into second straight day and accelerates
EUR/JPY – Steep fall extends into second straight day and accelerates
Li Auto: Solid Q2 Margin Recovery Indicates Turnaround Potential
Li Auto delivered a modestly robust Q2, beating top line estimates, but seeing revenue pressure due to falling volumes. LI improved its vehicle margin to 9.4% in Q2, and is therefore still trailing the EV competition. Nonetheless, Li Auto's financial and operating performance could be improving if new product launches, such as refreshed L-Series models and the new Li MEGA, become a success.
LI 
Chart alert: USD/JPY major bearish reversal below 200-day MA
USD/JPY has staged a major bearish reversal, breaking below its 200-day moving average as the Japanese yen strengthens sharply. Support from US Treasury Secretary Scott Bessent for Japanese action, hawkish BoJ commentary and renewed FX intervention risk have reinforced the move.
Methanex: Portfolio High-Grading Creates A Reliability Premium
Methanex has transformed into a more durable, cash-generating entity by acquiring OCI Global's methanol business and idling structurally disadvantaged facilities. MEOH's North American production focus, global logistics network, and reliable supply provide a competitive advantage amid global supply disruptions and tightening methanol markets. The company trades at steep valuation discounts (P/E 6.98, EV/EBITDA 4.74, P/CF 3.25) despite improved asset quality, liquidity, and cash flow predictability.
MEOH 
Remixpoint Sells Dogecoin at a Loss as It Shifts Crypto Holdings to Bitcoin
Japan listed Remixpoint sold DOGE, ETH, SOL and XRP, booking gains on three assets while taking a $21K DOGE loss and shifting to Bitcoin.
Bitcoin price recovery narrows odds on higher 2026 targets, prediction market data shows
Bitcoin was trading at $77,121 on Thursday, having clawed back much of its summer losses in a sharp August rally. The cryptocurrency gained roughly 24% during August alone, rising from around $62,600 at the start of the month to a peak of $80,797 on August 25.
Shares in Snowflake are surging. Here's what Wall Street analysts are saying.
Analysts see the software company continuing to benefit from the artificial-intelligence revolution.
SNOW 
Moderna: Massive Asymmetry About What The mRNA Is!
Moderna receives a speculative Strong Buy rating after phase 3 melanoma data strengthens its oncology platform thesis. MRNA's upside hinges on Intismeran's ability to scale across multiple tumor types, not just melanoma. The 50/50 partnership with Merck provides both distribution strength and shared economics for Intismeran.
MRNA 
Solana, XRP, Ethereum ETFs in Red as Bitcoin ETF Adds $100 Million
On September 2, U.S. investor demand for cryptocurrency ETFs was clearly divided, with Bitcoin drawing in new investment, while Ethereum, XRP, and Solana products all saw daily net outflows.
Hyperliquid HIP-4 volume triples after open rollout
Hyperliquid's HIP-4 outcome volume tripled after outside deployment opened, but incentives and U.S. regulatory barriers complicate the growth.
Gem Diamonds shares jump 70% after blow-out results; broker hails performance
Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF) shares saw a significant upward movement on Thursday following the release of its half-year results and a firm 'buy' reiteration from Panmure Liberum. The shares traded up 70% to 11p as the broker held its 'buy' stance and 13p target price, digesting the miner's improved financial and operational footprint.
GMDMF 
Panmure and Cavendish reiterate buy on Hutchmed after GSK deal
Hutchmed (China) Ltd (AIM:HCM, NASDAQ:HCM, HKG:0013, FRA:H7T2) won ringing endorsements from City brokers on Thursday after securing a blockbuster licensing agreement with GSK PLC (LSE:GSK, NYSE:GSK), exposing what analysts regard as a deep valuation disconnect. The shares leapt 15% to 205.84p as Cavendish and Panmure Liberum reiterated their respective 'buy' ratings, arguing that the market continues to overlook the biotech's expanding oncology pipeline.
GSK 
Remixpoint Goes All-In on Bitcoin After $5.54 Million Altcoin Sale
Japan-listed Remixpoint has sold its entire altcoin portfolio and will now hold only bitcoin as part of a more concentrated crypto strategy. The company exited ETH, SOL, XRP, and DOGE positions for about $5.54 million (¥879 million), locking in roughly $743,270 (¥118 million) in profit.
Bitcoin recovers toward $78,000 as pons and arbitrum extend Robinhood Chain rally
BTC rose 0.76% since midnight as a softer dollar lifted equities and metals alongside crypto, while ARB and PONS pushed higher for a third session.
MSA Safety: Industrial PPE Up, Fire Service And Detection Mixed
MSA Safety delivered Q2 2026 results with revenue of $503M, beating consensus by $7M and adjusted EPS up 24% year-over-year. Adjusted operating margin expanded 270 bps to 24.1%, and free cash flow reached $83M, reflecting strong productivity and pricing actions. Detection segment revenue rose 4%, driven by the M&C TechGroup acquisition and robust Americas organic growth, offset by international weakness.
MSA 
CFTC Seeks Dismissal of CME's Kalshi Bitcoin Futures Lawsuit
The CFTC says that CME is unable to prove competitive injury from Kalshi's Bitcoin perpetual futures. The case may impact how regulators in the United States regulate crypto perpetuals.
