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.
Is the altcoin preparing for the next leg up?
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.
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.
The 60% applies to an undated outcome for all three primitives; only at least one, probably SNARKs, is tied to decade-end.
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.
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.
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.
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.
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.
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 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.
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.
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.
Japan's new crypto law and SHIB's wider exchange access support its standing, but no Japanese regulator has approved a Shiba Inu ETF.
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'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 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.
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.
Oracle has shed nearly a fifth of its value while its cloud peers climbed, and one Wall Street firm just slapped a price target on it that implies the stock needs to do something it has never done before.
Technical outlook: Gold, EUR/USD, Oil [Video]
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