Stock Market & Financial News
The Market Is Finally Starting To Come Around To Petco Health and Wellness Company
Petco Health and Wellness Company delivered strong Q2 2026 earnings, with EPS beating expectations despite flat revenue and a modest after-hours stock surge. WOOF's 'Reach for the Sky' strategy is driving growth in consumables and services, with omnichannel initiatives and service expansion showing clear early traction. Profitability improved sharply: EPS rose from $0.05 to $0.13, net income hit $38.7M, and operating cash flow nearly doubled, aided by a one-time tariff refund.
WOOF -0.87% Euro: Trading near 1.16 against US Dollar as yields rise – Danske Bank
Euro: Trading near 1.16 against US Dollar as yields rise – Danske Bank
Ondo says US rules already allow stock perps
In a comment letter dated August 24, Ondo Finance has informed the SEC and CFTC that new regulations are not required to allow trade in perpetual contracts based on US stocks. The letter argues that the current framework of security futures accommodates the product.
Bitcoin's SOPR indicator breaks 11-month suppression, signaling potential cycle reversal
The SOPR breakout suggests a potential Bitcoin market cycle shift, possibly leading to increased investor confidence and market activity. Bitcoin's SOPR indicator breaks 11-month suppression, signaling potential cycle reversal.
Cronos rolled back its own chain to undo a $75 million hack. that should terrify you.
Cronos validators erased 10,000 blocks to reverse the Tectonic exploit, saving $69 million in frozen assets while sparking a fierce debate about whether a blockchain that can be rewound on command deserves to call itself one.
AGIX Vs. CHAT: I'm Buying The Loser
KraneShares Public-Private AI & Technology ETF and Roundhill Generative AI & Technology ETF offer broad AI ecosystem exposure but differ in holdings and risk profiles. CHAT beat AGIX by roughly 60% since AGIX's inception. The median CHAT holding is up 56% this year against 45% for AGIX; memory did most of that work. Each fund carries a poison pill. AGIX holds ~3% of SpaceX across three lines; CHAT holds ~7% of Chinese names, with delisting and sanctions risk I take seriously.
AGIX -0.23% 
Varonis (VRNS) Surges 10.4%: Is This an Indication of Further Gains?
Varonis (VRNS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
VRNS -3.55% ![JPY pairs plunge as US yields hit 4.80, Gold and Silver bounce and Dollar turns lower [Video]](https://images.financialmodelingprep.com/news/jpy-pairs-plunge-as-us-yields-hit-480-gold-20260903.jpg)
JPY pairs plunge as US yields hit 4.80, Gold and Silver bounce and Dollar turns lower [Video]
JPY pairs plunge as US yields hit 4.80, Gold and Silver bounce and Dollar turns lower [Video]
Ondo Finance Urges US Regulators to Approve Stock Perpetual Futures Trading
Ondo Finance has formally petitioned American financial regulators to authorize perpetual futures contracts on individual US equities, asserting that existing legislation provides sufficient legal foundation for these instruments.
USD/CAD Price Forecast: Falls to near 1.3850 after breaking below nine-day EMA
USD/CAD Price Forecast: Falls to near 1.3850 after breaking below nine-day EMA
Strategic Minerals agrees final terms for sale of Leigh Creek copper mine
Strategic Minerals PLC (AIM:SML), the mineral exploration company, has signed a definitive agreement to sell its Leigh Creek Copper Mine in South Australia to Cuprum Metals. Completion remains subject to conditions, including approval from Australia's Foreign Investment Review Board.
MTX +0.95% 
Diversified Energy Company strikes $1.8bn deal for Permian producer Birch
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC, FRA:DG20) has agreed its largest-ever acquisition, paying about $1.8 billion for Permian Basin producer Birch in a transaction expected to increase group production by around 35% and adjusted EBITDA by roughly 55%. Birch brings approximately 68,000 barrels of oil equivalent per day of net production and an estimated $548 million of annualised adjusted EBITDA.
DEC -1.85% 
Lighter's daily LIT buybacks stabilize price above $3.94
Lighter's buybacks may stabilize LIT, potentially influencing Hyperliquid's market dynamics and altering investor expectations amid crypto volatility. Lighter's daily LIT buybacks stabilize price above $3.94.
Gold (XAU/USD) & Silver Price Forecast: NFP Looms as Gold Rebounds From $4,300
Gold and silver rebound as softer U.S. jobs data ease Treasury yields, while traders await NFP for the next major signal on Fed rate expectations.
Ethereum versus Solana: Which L1 captures more value?
ARK researcher Lorenzo Valente compared Ethereum, Solana and Hyperliquid with three restaurant models to assess their value capture.
Sui (SUI) Shows TD Sequential Buy Signal: Critical Resistance Zones Ahead
The Sui (SUI) token is currently changing hands at roughly $0.7246, reflecting a modest 0.33% increase for the trading session based on CoinGlass metrics. With 4.09 billion SUI tokens in circulation from a maximum supply of 10 billion, the cryptocurrency maintains a market valuation of $2.97 billion.
Ether, XRP ETF inflow streaks end as Bitcoin funds rebound
Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run.
Dogecoin (DOGE) Flashes Rare MACD Bullish Signal on 2-Week Chart — Will It Hold?
Dogecoin continues to consolidate near the $0.081 mark, a technically significant zone according to blockchain analytics. The popular meme cryptocurrency has declined 27% since the start of the year and remains far below its historic peak of $0.74 reached in May 2021.
EUR/USD and GBP/USD at Key Support Levels Ahead of US Labour Market Data
The euro and pound continue to decline, approaching important support levels amid a stronger US dollar. Further moves in EUR/USD and GBP/USD will depend on incoming macroeconomic data, particularly developments in the US labour market.
Dutch central bank moves gold bars out of U.S. and Canada, citing ‘crisis preparedness'
The Dutch central bank has moved about 86 tons of gold from New York and Ottawa to London, citing rising geopolitical risks and the need to strengthen "crisis preparedness." DNB said gold stored with the Bank of England is more readily tradable, allowing it to be deployed more quickly in a severe crisis.
AAAU +0.31% 
Snowflake's blowout earnings and AI product growth supercharge its valuation
Snowflake Inc (NYSE:SNOW), the American cloud data analytics company, saw its shares jump 23% in after-hours trading on Wednesday after it posted results that beat Wall Street expectations. The company reported adjusted earnings per share of 62 cents, well ahead of the 45 cents forecast by analysts.
SNOW +0.58% 
Netflix: A Second Monetization Cycle Is Just Getting Started
I initiate coverage of Netflix with a Buy rating and a $134 price target, emphasizing its transition into a second monetization cycle. NFLX's 2026 guidance targets $51–51.4B revenue, 31.5% operating margin, $3B advertising revenue, and $12.5B FCF, supporting robust operating income growth. Despite premium P/E and EV/EBITDA multiples, the company's PEG ratio and 24%+ EPS growth justify valuation relative to slower-growing sector peers.
NFLX -0.79% 
CD Projekt RED still has two unannounced projects in the pipeline, CFO says
CD Projekt RED has two unannounced projects in the development phase, the video game developer's finance chief Piotr Nielubowicz said during a post-earnings conference call on Wednesday.
OTGLF 0% 
Bitcoin spot ETFs see $101M inflows as ETH, SOL, and XRP face outflows
Bitcoin's dominance in institutional investment grows, highlighting a shift in market confidence and potential challenges for altcoin adoption. Bitcoin spot ETFs see $101M inflows as ETH, SOL, and XRP face outflows.
NZD/USD Price Forecast: Posts mild gains near 0.5850 but bearish momentum signals capped upside
NZD/USD Price Forecast: Posts mild gains near 0.5850 but bearish momentum signals capped upside
Bitcoin's fabled golden cross is coming. And USDT may be the real signal this time
BTC is nearing a bullish golden cross, a widely tracked signal with a mixed record of success in crypto markets. But this time, USDT is supporting the bullish read.
Cardano (ADA) Founder Outlines Critical Milestones as New Buy Signal Emerges
Charles Hoskinson, the visionary behind Cardano, has urged the community to fulfill outstanding roadmap commitments and governance objectives, stating the platform must “finish what we started” before advancing to subsequent development phases.
Solana (SOL) Holds $95 Support as ETFs Record 11 Days of Consecutive Inflows
Solana (SOL) is currently changing hands near $99 following a modest correction of approximately 3% over the last 24-hour period. However, this short-term retracement hasn't diminished the impressive 35% gain SOL has registered across the previous two weeks.
Futura Medical launches formal sale process alongside £1.6m placing
Futura Medical PLC (AIM:FUM, OTC:FAMDF, FRA:GYX), the sexual health group behind the Eroxon erectile dysfunction gel, has begun a formal process that could see the sale of the business, or its assets. The move comes alongside a placing and subscription to raise approximately £1.6 million, which should fund it through to the conclusion of negotiations.
FAMDF +5% 
Ripple (XRP) Price Retreats to $1.32 as ETF Cumulative Inflows Reach $1.68 Billion
Ripple's XRP token is currently changing hands at $1.32, experiencing a pullback following an impressive 72% surge throughout August that propelled the digital asset from $1.00 to $1.70. The upward momentum reached exhaustion as market participants secured profits, leaving the price in search of renewed buying interest.
