Stock Market & Financial News
State Street's New ETF Launch Sets $2.5B Record
On Wednesday, September 2, State Street Investment Management announced the debut of the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG). Notably, this fund was created through a collaboration between State Street and UC Investments, the investment arm of the University of California.
STT +0.77% Surging Earnings Estimates Signal Upside for Netlist (NLST) Stock
Netlist, Inc. (NLST) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
NLST -0.35% Surging Earnings Estimates Signal Upside for Montauk Renewables (MNTK) Stock
Montauk Renewables (MNTK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
MNTK +2.87% Fed is ‘all talk, no action' as debt pressure sets stage for higher gold price - AuAg's Eric Strand
Gold investors may have to endure more volatility as markets continue to wrestle with stubborn inflation and the prospect of higher interest rates, but one fund manager says the market is focused on the wrong question.
AAAU -0.66% 
Crypto Treasury Stocks Rally as Bitcoin Fund Jumps 5%: Strategy Surges 14%, Bitmine Climbs 12%
Crypto treasury stocks are outrunning a firmer tape at midday. The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is up 5% to $45.88, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 1% to $772.97.
CRCW 0% 
XDC Pulse highlights record 27.7M transactions and a bold QAIX ecosystem launch
XDC recorded 27.7 million transactions in August 2026, the highest monthly record in the network's history, 50% more than six months ago. The validator ecosystem grew 26% in the last quarter and surpassed 320 nodes, with additions from Hex Trust, Clear Street, and LinkPool.
Dropping the Dough: Yum! Brands Strategically Trims the Fat
The fast-food industry is facing a severe reality check. Menu price hikes are pricing out the core lower-income demographic, causing a decline in foot traffic across the sector.
YUM -0.42% 
Bitcoin may be leaving its 4-year cycle behind for a 6-to-8-year Wall Street rhythm
Willy Woo sees a possible 6-to-8-year macro rhythm, while recent research says the old pattern still survives.
COHR Falls 17% in a Month: Is the Sell-Off an Opportunity?
Coherent's AI optics demand and margins are surging, but heavy capex, weak cash conversion and crowded product ramps keep execution risk elevated.
COHR +5.59% 
Is COHR Stock a Buy as AI Growth Meets Premium Valuation and Risk?
Coherent's AI-optics growth and rising estimates support upside, but premium valuation, heavy capex and weak cash flow raise execution risk.
COHR +5.59% 
Will Acuity (AYI) Beat Estimates Again in Its Next Earnings Report?
Acuity (AYI) 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.
AYI +3.17% 
Why Macy's (M) is Poised to Beat Earnings Estimates Again
Macy's (M) 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.
M -0.13% 
Bitcoin Price Barrels Toward $81K as Shorts Lose $415M
Bitcoin reclaimed $81,000 on Thursday, driving its market capitalization back above $1.62 trillion for the first time in September and recording a nearly 5% 24-hour gain. Bitcoin Price Reclaims $81,000 as Geopolitical Tensions Ease, Dips Back After Intraday High Bitcoin's price trend rebounded Thursday, reclaiming $80,000 as hostilities paused between the United States and Iran.
Wall Street sets IREN stock price for the next 12 months
As IREN Ltd. (NASDAQ: IREN) stock surged by more than 14% over the past two days, driven by strong institutional demand for its Artificial Intelligence (AI) cloud infrastructure, Gautam Chhugani, an analyst at Bernstein, expects it to rally towards a new all-time high (ATH) over the next 12 months.
IREN +2.73% 
Ermenegildo Zegna N.V. (ZGN) Q2 2026 Earnings Call Transcript
Ermenegildo Zegna N.V. (ZGN) Q2 2026 Earnings Call Transcript
ZGN -0.79% 
Cardano Price Eyes $0.25 as RealFi Launch Boosts ADA
Cardano price held firmly above the $0.20 level after climbing 7% in 24 hours, reaching about $0.207 as the broader cryptocurrency market recovered. The rebound came as Bitcoin moved above $77,900, Ethereum reached $2,400 and XRP gained roughly 4%, improving sentiment across major digital assets.
CEO Who Just Sold His Data Center Firm to SoftBank for $4 Billion Is Warning of a Late 1990s Moment
Marc Ganzi has spent three decades building digital infrastructure into an institutional asset class.
SOBKY -0.66% 
Bitcoin Accelerates Above $79,500 as Bulls Regain Control
Bitcoin has now surpassed 78,900 dollars after Wednesday's drop. BTC trades around 78,800 dollars, with a rise of more than 2% during the day.
Scaramucci Says Bessent's Global Debt Warning Makes Bitcoin's Case
Anthony Scaramucci has turned U.S. Treasury Secretary Scott Bessents warning about soaring global debt into a fresh argument for Bitcoin, saying the remarks effectively highlighted one of the cryptocurrencys core investment narratives. Bessent stood in front of the G20 and said the world is awash in debt.
SpaceX Rises 7% as Starship Test 14 Approaches, Tesla Jumps 7%, Rocket Lab Ticks Up
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) shares are leading a tight rally into Thursday afternoon as investors position ahead of Starship test 14. SpaceX stock is up 7% to $150.84.
TSLA +4.65% 
Bitcoin (BTC) Rally Driven by Short Covering, Not Fresh Leverage: QCP
Bitcoin's recent uptick faces questions as liquidity remains narrow, the Fed stays hawkish, and fresh leverage has yet to emerge.
HUTCHMED Lands GSK Deal Worth Up to $1.3B for KRAS-EGFR Cancer Therapy
HUTCHMED NASDAQ: HCM said it has entered a co-development and licensing agreement with GSK for ex-China rights to HMPL-A830, a preclinical KRAS-EGFR antibody-targeted therapy conjugate, or ATTC. The transaction has a total potential value of approximately $1.3 billion, including a $110 million upfront payment, according to Acting Chief Executive Officer and Chief Financial Officer Johnny Cheng.
HCM -2.54% 
Over $140M in shorts wiped out after BTC, ETH, XRP deliver Epic breakout
Bitcoin surged from a 10-day low of $76,200 to above $80,000 within hours, reversing recent weakness and triggering a violent squeeze against bearish traders. Ether approached $2,500, BNB climbed above $720 and XRP rose 9% daily, helping turn Bitcoin's rebound into a broader cryptocurrency breakout across markets.
Toro Q3 Earnings Call Highlights
Toro NYSE: TTC reported third-quarter fiscal 2026 net sales growth of 8.4% to $1.23 billion, supported by demand across its professional and residential businesses, and raised its full-year adjusted earnings outlook.
TORO +4.06% 
Cricut (CRCT) Upgraded to Strong Buy: What Does It Mean for the Stock?
Cricut (CRCT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
CRCT +0.08% 
What Makes Hyperliquid Strategies Inc (PURR) a Strong Momentum Stock: Buy Now?
Does Hyperliquid Strategies Inc (PURR) have what it takes to be a top stock pick for momentum investors? Let's find out.
PURR -1.16% 
All You Need to Know About Kosmos Energy (KOS) Rating Upgrade to Buy
Kosmos Energy (KOS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
KOS -2.71% 
Here's Why National Energy Services Reunited (NESR) is a Great Momentum Stock to Buy
Does National Energy Services Reunited (NESR) have what it takes to be a top stock pick for momentum investors? Let's find out.
NESR -1.06% 
What Makes Enovis (ENOV) a New Buy Stock
Enovis (ENOV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ENOV -1.55% 
Investar (ISTR) Upgraded to Buy: Here's What You Should Know
Investar (ISTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
ISTR +1.55% 
