Stock Market & Financial News
Hunter Biden's new “LAPTOP” memecoin targets traders who lost money on TRUMP
Hunter Biden is about to test whether his criticism of political profiteering through crypto applies to his own business ventures. According to The Wall Street Journal, former President Joe Biden's son plans to launch a memecoin called LAPTOP on Sept.
Cronos Reverses $111M After Tectonic Exploit Triggers Network Halt
Validators halt Cronos network, restore chain state after $120M Tectonic exploit
EUR/AUD: A Quiet RSI Signal Challenges the Downtrend
The euro enters this week's ECB meeting (September 9–10) with genuine hawkish backing, having already been told by insiders that policymakers are prepared to raise rates again to counter the inflationary side-effects of the Middle East conflict, even as they signal little appetite for tightening beyond that. July's hold at 2.25% came with Lagarde explicitly warning that renewed hostilities and the resulting oil price rebound pose upside risks to the inflation outlook, keeping the door firmly open to a move back to 2.50% this week.
Satellogic taps former US geospatial-intelligence chief as president
The new president of Earth-observation firm Satellogic is a retired U.S. Navy vice admiral who led the Pentagon's geospatial intelligence agency, a key hire for its defense business as it builds a satellite network that can map the entire planet on a daily basis.
SATL -1.93% 
Tron's Justin Sun Pulls 10,000 ETH and Sends $12.3M to Poloniex
Tron founder Justin Sun has redeemed 10,000 ETH from Lido since Aug. 26, and roughly $12.3 million of it has already landed on Poloniex, an exchange he backs. The Trail Since Aug.
Starknet shields 45 assets with new privacy framework
Starknet's privacy framework could redefine DeFi privacy standards, balancing user confidentiality with regulatory transparency. Starknet shields 45 assets with new privacy framework.
AUD/JPY'S Slide to Four-Week Lows And Why Iron Ore Gains Won't Help
AUD/JPY cross has followed a rare pattern where strong commodity prices have not strengthened the Australian dollar. We discuss what it means
Microchip Technology: This Chip Stock Is Cheaper Than It Seems
Microchip Technology is rated Buy as cyclical recovery combines with emerging structural growth from data centers and aerospace & defense. MCHP's valuation becomes notably more attractive from FY2028 onward, with P/E dropping to 16x and potential upside to $91–$103 per share. Data center revenue is accelerating, driven by PCIe Gen6 adoption and diversified product exposure, while industrial and automotive markets are rebounding.
MCHP -3.2% 
SoFi Technologies: Growth Is Doing The Heavy Lifting, And I Am Buying The Setup
I rate SoFi Technologies a Strong Buy with a $23 price target, reflecting confidence in its transition to a diversified financial platform. The main growth drivers are lending and the Loan Platform Business, deeper Financial Services cross-buy, and incremental contributions from SoFi Plus, Tech Solutions, and newer products. Management raised 2026 guidance to $4.75–$4.85B in adjusted net revenue and $1.60B in adjusted EBITDA, emphasizing scaling fee-based and Technology Platform revenues.
SOFI -0.32% 
Tamarack Valley, Headwater Exploration agree $7.2 billion all-stock merger
Tamarack Valley and Headwater Exploration will merge in an all-stock deal valued at C$10 billion ($7.25 billion), the companies said on Tuesday, creating the largest publicly traded producer focused on Alberta's Clearwater oil play.
CDDRF +1.04% 
PopDEX pits Robinhood Chain against BNB Chain
PopDEX starts a new trading rewards round and Meme Gang War featuring PONS, CASHCAT and MARSCOIN, with both campaigns ending Sept. 20.
XRP Dips Below Crucial Support, BTC Slides Toward $78K: Market Watch
AERO and PIEVERSE are today's top gainers, while PONS has finally retreated.
XRP Ledger Batch Upgrade Falls Short of 80% Vote
XRP Ledger's BatchV1_1 upgrade holds 68.57% validator support, still below the 80% threshold needed to begin its two-week activation period.
SPDR Energy And S&P E&P ETFs: Not As Headline-Dependent As You Think, Still Pricing In Sub-$70 Oil
Energy Select Sector SPDR and SPDR S&P Oil & Gas E&P ETF are rated strong buys, with valuations reflecting long-term oil prices near $67.50/bbl—well below current spot prices. Year-to-date, XLE and XOP have shown their weakest correlation to oil prices since 2007, decoupling from short-term geopolitical headline risk and speculative futures positioning. Recent trading history demonstrates energy stocks are not simply proxies for oil; they have not fully priced in oil's rally and have shown resilience during oil's sharp declines.
XLE +2.97% 
Fractal Bitcoin cuts block reward to 6.25 FB after first halving
Fractal Bitcoin has completed its first halving at block 2,100,000, cutting the network's block reward to 6.25 FB as the FIP-102 upgrade takes effect and sets aside an equivalent 6.
Apple to Make First Big Change to iPhones in Years
Fans of the company's products widely believe it will unveil a folding smartphone at its annual launch event on Wednesday.
AAPL +1.11% 
Goldman Sachs reverses engines on oil-price forecasts and raises the specter of $120 per barrel crude
In the span of just three months, Goldman Sachs analysts have gone from lowering their oil-price forecasts to hiking them.
BNO +2.81% 
NZD/USD Price Forecast: Bears test support at 200-day SMA as risk appetite fades
NZD/USD Price Forecast: Bears test support at 200-day SMA as risk appetite fades
Novartis stock falls 10% after second drug setback in a week; analyst cuts PT
Novartis shares fell sharply on Tuesday after the Swiss drugmaker said its experimental treatment for myotonic dystrophy failed in a late-stage clinical trial, marking another setback for a pipeline that investors had been counting on to drive future growth. The stock fell about 10% following the announcement and has now lost more than 14% over the past five trading sessions.
NVS -0.12% 
‘The chain is now earnings': Bernstein sees 31% upside for Robinhood as fees top Solana, BNB Chain
Bernstein sees 31% upside for Robinhood as its new chain tops Solana in fees, generating $33 million over 15 days.
Machine learning algorithm sets AMD stock price for September 30, 2026
Finbold's machine learning algorithm predicted that, after an overall substantial rally in 2026 but also a significant decline since late June, Advanced Micro Devices (NASDAQ: AMD) stock is likely to consolidate and even slightly rise relative to its latest close at $477.57.
AMD -3.9% 
Cardano partners with Blockforce to anchor 500K supply chain records for Brazilian exporters
Cardano's partnership with Blockforce enhances supply chain transparency, potentially setting a precedent for compliance in global trade regulations. Cardano partners with Blockforce to anchor 500K supply chain records for Brazilian exporters.
Credo: Buy The AI Connectivity Pullback, But Do Not Chase Blindly
Credo Technology Group (CRDO) delivered strong Q1 FY2027 results, with revenue up 114.7% year-on-year and robust non-GAAP profitability. Q2 guidance signals continued growth, but margin concerns and high valuation temper enthusiasm, leading to a 'Buy' rather than 'Strong Buy' rating. CRDO's expanding AI connectivity portfolio and DustPhotonics acquisition broaden its addressable market, but integration and margin risks remain.
CRDO -3.7% 
Stock Market Today: Oil Nears $100, Stock Futures Sink
Brent crude climbs after reports of Houthi attacks on Saudi Arabia
BNO +2.81% 
Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside
Meta stock (NASDAQ: META) jumped sharply after the company released Muse Spark 1.3, giving investors evidence that its AI spending may eventually produce returns. The model is designed for coding and longer-running agentic tasks.
META -0.06% 
Altcoins Overtake Bitcoin in Open Interest for First Time Since 2024
Altcoin perpetual futures open interest has surpassed Bitcoin's for the first time since December 2024 as altcoin market cap tops $200 billion and Zcash leverage rises.
PetroChina: Still A 'Buy' After H1 Outperformance
PetroChina remains a 'Buy' after a robust 1H26, with net income up 22% year-over-year and all divisions expanding operating profit. PCCYF's upstream and natural gas segments outperformed, benefiting from higher realized oil prices and cost optimization. Geopolitical tensions and resilient oil demand are expected to support further profit growth, with consensus forecasting a +16% bottom-line expansion for full-year FY26.
PCCYF +2.48% 
Bitcoin faces pressure from yen rally and rising bond yields as carry trade unwind looms
Bitcoin's vulnerability to macroeconomic shifts highlights the broader risks for non-yielding assets amid global financial volatility. Bitcoin faces pressure from yen rally and rising bond yields as carry trade unwind looms.
Bitcoin rallies past $80K as US fiscal concerns drive gold-like behavior
Bitcoin's rise as a value store amid fiscal concerns may redefine its role in financial markets, challenging gold's traditional dominance. Bitcoin rallies past $80K as US fiscal concerns drive gold-like behavior.
Live updates: Yen rally and rising bond yields pressure bitcoin and risk assets
Bitcoin, gold and technology stocks fall as the yen rallies, while oil prices and government bond yields climb globally.
