Stock Market & Financial News
EUR/USD forecast: Currency Pair of the Week | September 7, 2026
The higher oil goes, the worse it may get for the euro, which, to be fair, has performed well during the more recent rises in.
Vitalik Buterin Doubles Down on Crypto While Bitcoin's AI Security Debate Gets Louder
Liron Shapira puts a 50% confidence claim on the possibility of BTC crashing by over 50% within 2 years. Vitalik Buterin's response highlights that roughly 90% of his net worth is already in crypto.
The Amazon cargo plane that crashed in Miami nearly hit a parking lot full of Tesla Cybercabs
An Amazon Prime Air Boeing 767 crashed in Miami after overshooting the runway, killing five people. The plane came to a halt just short of a parking lot full of Tesla Cybercabs.
TSLA +2.05% GBP/JPY Price Forecast: Six-month lows at the 209.20 area under pressure
GBP/JPY Price Forecast: Six-month lows at the 209.20 area under pressure
XRP Jumps 57% From August Low as Sept. 15 CLARITY Act Vote Nears
XRP has rebounded about 57% from its August low as futures volume hits $11.37B, raising both breakout hopes and leverage risk before Sept. 15.
Ares Capital: Growing Backlog Can Convert To Higher Earnings (Rating Upgrade)
Ares Capital is upgraded to a buy, trading at a rare sub-average premium to NAV and offering a 9.6% dividend yield. ARCC's $1.5B backlog, floating-rate portfolio, and new $1B commercial paper program position it well for a higher-rate environment. Portfolio diversification remains strong, with minimal AI/software risk and robust spillover income supporting distributions.
ARCC -0.96% 
Bitcoin Slide Ends Weekend Altcoin Push, While PI Maintains Strong Resistance Zone
Bitcoin fell below $80,000 after another failed breakout, cooling a weekend altcoin rally and coinciding with declining futures open interest and softer funding rates. Pi Network's PI remained above $0.09 and tested resistance near $0.095, showing relative stability while several larger crypto assets struggled or reversed.
![Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video]](https://images.financialmodelingprep.com/news/weekly-forex-forecast-eurusd-xauusd-gbpusd-usdjpy-bitcoin-and-20260907.jpg)
Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video]
Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video]
Markets tilt toward September rate hikes: Five things to know in Bitcoin this week
This week's CPI and PPI prints, along with the Fed's Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level.
lululemon: An 18% Crash Is Not A Buy Signal
lululemon athletica receives a 'Sell' rating despite a sharp post-earnings drop and tempting valuation near $100. Core business momentum is deteriorating: Americas revenue fell 8%, comps down 12%, and Q3 guidance signals another 10–11% decline. Headline margin strength is misleading, as a one-time $134.5M tariff refund inflated gross margin by 560 bps; underlying profitability is weakening.
LULU +1.96% 
Powering the AI Boom: Uranium's $95 Spark
Wall Street expects a structural supply bottleneck as tech hyperscalers secure multi-decade nuclear agreements to power advanced artificial intelligence data centers. With long-term uranium targets upgraded to about $95 per pound and a confidential Westinghouse IPO on the horizon, institutional capital is systematically front-running utility companies before legacy supply contracts fully expire.
BWXT +1.13% 
Ethereum price stalls below $2,500 as momentum weakens
Ethereum price traded near $2,493 on Sept. 7 after failing to hold above $2,500, while weakening momentum and nearby liquidation clusters kept ETH within a narrow range.
Ethereum Breakout Incoming? $300M in ETH Leaves Exchanges as Analyst Eyes Next Big Target
Is the altcoin preparing for the next leg up?
McCormick: An Attractive Opportunity For Long-Term Growth
McCormick & Company earns a Buy rating, supported by margin expansion, operational efficiency, and a robust innovation pipeline for 2026. MKC's adjusted operating income rose 30.1% in Q2 and 24.8% in H1, with margins expanding despite higher special charges and debt. The planned combination with Unilever Foods by mid-2027 could create a $20 billion global business, enhancing long-term growth prospects.
MKC -2.46% 
Ripple's RLUSD Sees Massive Repositioning From XRP Ledger to Ethereum
As the adoption of the Ripple stablecoin RLUSD continues to grow, it appears that Ripple has continued to reshuffle the tokens to continue pumping the available supply on Ethereum.
Ethereum's Vitalik Buterin puts 60% odds on a cryptography breakthrough that could weaken Wall Street middlemen
The 60% applies to an undated outcome for all three primitives; only at least one, probably SNARKs, is tied to decade-end.
Tesla vs SpaceX: Elon Musk's Two Companies Are Chasing the Same AI Prize. Only One Is Positioned to Win It
Elon Musk is running two separate companies toward the same AI finish line, but their strategies, cash positions, and timelines could not be more different.
TSLA +2.05% 
Eni, Petronas to explore biofuel development for motorsport
Italy's Eni and Malaysia's Petronas have signed an agreement to explore the development of a high-performance bio-gasoline for motorsport races, the Italian energy group said on Monday.
E +0.68% 
DHT Holdings: Doing All The Right Things As Leverage Declines And The Fleet Grows
DHT Holdings remains a Strong Buy, driven by surging VLCC spot rates and a forward yield now at 24%. Q2 spot market day rates soared 45.4% sequentially, fueling a 23.1% share price rally and robust dividend prospects. DHT's low operating costs, young fleet, and deleveraging balance sheet provide resilience even if day rates decline sharply.
DHT -1.16% 
Procter & Gamble: A Dividend King Facing A New Consumer Reality
Procter & Gamble remains a Hold as valuation offers limited margin of safety amid ongoing macro and consumer headwinds. PG posted weak FY26 results, with 1% organic sales and Core EPS growth, and forecasts only 1–3% organic sales growth for FY27. Rising private label competition, cost pressures, and a $1 billion after-tax headwind challenge PG, despite strong free cash flow and a well-covered ~3% dividend yield.
PG +0.42% 
Novo scraps two more heart drug trials, further dimming growth beyond obesity
Novo Nordisk said on Monday it had halted two additional trials of its experimental cardiovascular drug ziltivekimab, further denting the Danish drugmaker's efforts to diversify beyond its blockbuster obesity and diabetes franchise.
NVO +1.2% 
Coldcard Attacker Moves $7.7M in Bitcoin, Shifting 45% of Stolen Funds
Coldcard Movements: Attacker shifted 97.09 BTC ($7.7 million), routing funds through THORChain and CoinJoin while working through the largest vaults. Coldcard Vault Structure: Galaxy said the exploiter created 293 multisignature vaults and likely added a previously unknown one, raising Wave 3 to 294 vaults and expanding the Coldcard theft's scale.
RBC raises price targets for B&M and Currys as fashion retailers become more competitive on homewares prices
RBC Capital Markets has raised its price targets for B&M European Value Retail SA (LSE:BME) and Currys PLC (LSE:CURY), citing evidence that international fashion retailers are becoming more aggressive on homewares pricing. The broker's twice-yearly UK homewares survey found that Zara and H&M have become notably more price competitive this season, despite traditionally pricing at a premium in the category.
DSITF 0% 
New Hyperliquid wallet opens $700K deposit, 6x long on $5M PUMP token
The aggressive leverage and speculative interest in $PUMP could drive volatility and influence broader market sentiment on Hyperliquid. New Hyperliquid wallet opens $700K deposit, 6x long on $5M PUMP token.
RSPT: Why This Equal-Weight Tech Consolidation Is More Than Buyable
Invesco S&P 500 Equal Weight Technology ETF remains a buy, delivering 41% YTD and outperforming cap-weighted tech indices. RSPT's valuation is compelling with a 19.7x P/E, 17.06% long-term EPS growth, and a PEG ratio just above 1.0x. The ETF's diversified SMID-cap tech exposure reduces concentration risk and benefits from capex-driven sector tailwinds.
RSPT +1.06% 
Shiba Inu gains Japan access, but no SHIB ETF exists
Japan's new crypto law and SHIB's wider exchange access support its standing, but no Japanese regulator has approved a Shiba Inu ETF.
Zcash, XRP and Solana Bets Push Altcoin Leverage Past Bitcoin
Open interest in altcoin perpetual futures moved above bitcoin's this weekend for the first time since December 2024, a shift that preceded sharp mid-cap corrections the last time it happened. What Metric Flipped Actually? Aggregate open interest, the dollar value of futures contracts still open, in altcoin perpetuals surpassed the same figure for bitcoin yesterday.
Bitcoin shows weaker correlation to Treasury yields than gold, positioning it as a more resilient hard asset
Bitcoin's lower correlation to Treasury yields than gold suggests it may offer a more stable hedge against bond market volatility. Bitcoin shows weaker correlation to Treasury yields than gold, positioning it as a more resilient hard asset.
Whirlpool: Debt Reduction Creates A Long-Term Value Opportunity (Rating Upgrade)
Whirlpool is upgraded to 'buy' as decisive capital actions provide a multi-year runway for deleveraging and long-term value realization. WHR faces persistent demand headwinds from weak housing, inflation, and high rates, but cost cuts and price hikes aim to stabilize margins. Recent refinancing extends debt maturities, prioritizing bondholders and liquidity, with free cash flow yield projected at 15% and ~60% upside over four years.
WHR -1.13% 
Tesla Wants to Be Seen as an AI Company
Tesla's management is pitching investors on an AI future while the income statement tells a very different story, and the gap between those two realities is getting harder to ignore.
TSLA +2.05% 
