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Wall St ends higher as stocks reclaim some shine
By Stephen Culp and Niket Nishant NEW YORK, Sept 2 (Reuters) - Wall Street advanced on Wednesday, notching a partial rebound from a three-day losing streak as investors searched for deals among stocks and sectors... More
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- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- Berkshire’s Abel says data centers are energy opportunity
- Dell again lifts annual forecasts as AI demand powers record results
- Dollar rises to 2-week high, Middle East conflict and rate paths in focus
- Elliott targets Deutsche Telekom, opposes $300B T-Mobile merger - Bloomberg News
- Is the ECB’s hawkish shift just beginning to bite? UBS weighs in
- Fed’s Williams says bond yields rise amid strong economy, not inflation
- Two Saudi tankers struck in Strait of Hormuz Monday
- Morgan Stanley keeps this Middle Eastern consumer stock as a top pick
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
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Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
Sept 2 (Reuters) - Broadcom on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech's appetite for AI infrastructure remains undiminished as investors scrutinize returns on massive spending.... More
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Snowflake soars 20% on earnings beat and raised guidance
Investing.com -- Snowflake Inc (NYSE: SNOW) reported second quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 20% in after-hours trading Wednesday as investors responded... More
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Oil settles 1% higher, as US-Iran strikes threaten supplies
By Arathy Somasekhar HOUSTON, Sept 2 (Reuters) - Brent crude prices settled 1% higher in a volatile session on Wednesday, driven by renewed military strikes between the U.S. and Iran that have restricted world oil supply.... More
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Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
Investing.com -- Morgan Stanley said Apple's (NASDAQ: AAPL) first foldable iPhone could contribute around $14 billion of December-quarter revenue, calling next week's launch the company's most consequential since... More
Thursday, September 03, 2026 12:59 AM EDT
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Latest StreetInsider Headlines
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- 12:35 AM Algomizer Ranks #1 Best AI Search Optimization Agency in 2026 Category Report, Leading on Performance Fees and Market Exclusivity
- 12:31 AM Crypto Update Heats Up After Schwab Adds Altcoins but Pepeto Is the Real September Move
- 12:30 AM Huizhou Micro Switch Technology expands new energy micro switch production at Huizhou facility
- 12:23 AM ADA Price Prediction Hits a Wall at $0.19 While Pepeto Presale Wallets Load for Listing Day
- 12:15 AM Costa Rica Makes History as First Latin American Country to Launch English Learning as a National Initiative with Open English
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13Fs
- Berkshire Hathaway shows new stake in New York Times, cuts Apple and Amazon
- Berkshire Hathaway cuts stake in Amazon (AMZN), reports stake in New York Times (NYT)
- Michael Burry's Scion Asset Management Updates 13F
ACCESS Newswire
- Costa Rica Makes History as First Latin American Country to Launch English Learning as a National Initiative with Open English
- Villa Espada Details a Member-Guest Green-Fee Rate for Golf Groups at Punta Espada in 2026-2027
- Secure Blockchain Sells Delivery Trust(R) Business
Analyst Comments
- Guggenheim Downgrades Alumis Inc (ALMS) to Neutral
- Evercore ISI: 'AAPL has so far offset softer App Store trends with faster-growing areas'
- Medtronic, Inc. (MDT) PT Raised to $115 at Mizuho
Analyst PT Change
- Medtronic, Inc. (MDT) PT Raised to $115 at Mizuho
- Sprinklr Inc (CXM) PT Raised to $7.50 at Cantor Fitzgerald
- Sprinklr Inc (CXM) PT Raised to $7.50 at Cantor Fitzgerald
Board Changes
- Coinbase expands board to ten with appointment of Anthony Armstrong
- Element 29 nominates two Wheaton Precious Metals executives to its board
- AIG board names John Rice as chair, Zaffino moves to advisor
Business Wire
- TiVo OS Unveils Major Platform Enhancements at IFA 2026, Expanding AI-Powered Discovery, Free Streaming, Live Sports and Interactive TV Experiences
- Baya Systems Chooses AdoreSys as Partner to Expand Semiconductor IP Availability Across China and Asia-Pacific
- Faraday Future Advances Its “Built in USA” Strategy, Participates in the FCC’s Public-Comment Process, and Signs a U.S. Compliance and Localization Advisory Agreement with AIBOT
Commodities
- Crude Inventory -4.45M Barrels vs -368K Expected
- Oil retreats from one-month high as traders weigh supply risks
- Two Saudi tankers struck in Strait of Hormuz Monday
Corporate News
- Virtus Convertible & Income Fund declares preferred share distribution
- Capital Southwest raises credit facility to $595M, extends to 2031
Cryptocurrency
- Coinbase and Webull expand crypto partnership to Canada
- Strategy Inc. is officially back in the Bitcoin buying business
- Strategy purchases 4,603 bitcoin
Dividends
- Sempra Energy (SRE) Declares $0.6575 Quarterly Dividend; 3.1% Yield
- Prologis (PLD) Declares $1.07 Quarterly Dividend; 3.1% Yield
- Arcosa (ACA) Declares $0.05 Quarterly Dividend; 0.1% Yield
Downgrades
- Guggenheim Downgrades Alumis Inc (ALMS) to Neutral
- JPMorgan Downgrades ZTO Express (ZTO) to Overweight
- Needham Downgrades Tscan Therapeutics Inc (TCRX) to Hold
Earnings
- Methode Electronics (MEI) Tops Q1 EPS by 2c; offers guidance
- Snowflake soars 20% on earnings beat and raised guidance
- PVH Corp. (PVH) Tops Q2 EPS by 62c, Beats on Revenue; Offers FY27 EPS Guidance
Economic Data
- Economic activity increased modestly since early July - Beige Book
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
Equity Offerings
- DEFSEC Technologies (DFSC) files for 4.05M share offering by selling stockholders
- Quanome Technologies (QNME) files $250M mixed shelf
- Stria Lithium rebrands as Arc Mineral Royalties after gold deal
FDA
- Scholar Rock gets FDA fast track for apitegromab in rare muscle disease
- CytoSorbents reports real-world data on bleeding reduction in cardiac surgery
- BridgeBio to present infigratinib data at ESPE meeting in September
Fed
- Fed's Barr open to rate hike if inflation does not moderate
- The Warsh pivot markets didn't expect
- Fed chair Warsh kicks off Jackson Hole keynote address
Globe Newswire
- Reborn Coffee Receives Nasdaq Notification Regarding Late 10-Q Filing and Continued Listing Requirements
- There's Only One Champion, but Countless Ways to Shine: OMODA and Young People Worldwide – "Play Your Own Round"
- There's Only One Champion, but Countless Ways to Shine: OMODA and Young People Worldwide – "Play Your Own Round"
Guidance
- Microsoft updates segment reporting structure for fiscal 2027
- Methode Electronics (MEI) Tops Q1 EPS by 2c; offers guidance
- PVH Corp. (PVH) Tops Q2 EPS by 62c, Beats on Revenue; Offers FY27 EPS Guidance
Hedge Funds
- Activist Elliott Is Said To Build Stake In Deutsche Telekom - Bloomberg
- Bessent: Think Druckenmiller Lost Money Day He Sent Editorial
- Activist hedge fund Engine Capital has built a 1.5% stake in EPAM Systems - Reuters
Insiders' Blog
- 7 Things to Know About Allbirds' (BIRD) Upcoming $2 Billion IPO
- HireRight (HRT) IPO: 9 Things to Know About the Upcoming Offering
- Udemy (UDMY) IPO: 7 Things to Know About Upcoming $4 Billion IPO
IPOs
- Barrick Said To Weigh Delaying North America Gold IPO To 2027 - Bloomberg
- Entrata (ENT) files for proposed IPO
- SB Energy (SBE) files for proposed IPO
Market Check
- US stock index futures subdued as oil, Treasury yields rise on Iran tensions
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
Mergers and Acquisitions
- CDW to acquire data and AI firm Lovelytics for $525 million
- Activist Elliott Is Said To Build Stake In Deutsche Telekom - Bloomberg
- Thoma Bravo's Proofpoint Is Said In Talks To Acquire Varonis - Bloomberg
New Coverage
- WBB Securities Starts Vogenx (VOGX) at Speculative Buy
- Scotiabank Starts Webull (BULL) at Sector Outperform
- Scotiabank Starts SoFi Technologies (SOFI) at Sector Outperform
Newsfile
- Westlinear Minerals Corp. Announces Closing of Oversubscribed Non-Brokered Private Placement
- Goldcana Grants Incentive Stock Options
- York Space Systems, Inc. Notice of October 30, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
Press Releases
- Westlinear Minerals Corp. Announces Closing of Oversubscribed Non-Brokered Private Placement
- 10 Top 1000x Crypto Picks in this Altcoin Season: Apeing Eyes Massive Upside Potential With $0.0001 Entry Price
- Seeker Price Prediction: SKR Jumps 29% as Remittix’s Crypto-to-Bank Model Draws Early-Move Buyers
Private Company News
- Mistral and Humain announce AI collaboration worth hundreds of millions
- Stripe Revenue Jumped To $6.8B Last Year - Information
- OpenAI closes $122 billion funding round at $852 billion valuation
PRNewswire
- Huawei Unveils Next-Gen Flagship Products at "Chase the Wild" Global Innovative Product Launch Event in Munich
- Eluvio Unveils Industry-First: Inline, Open-Model Video AI and Agentic Orchestration at IBC 2026
- Eluvio Showcases New Advanced Features in Global Broadcast Fabric for Zero-Copy Broadcast Distribution, D2C OTT Streaming & Monetization, and Inline AI Video Intelligence at IBC 2026
Reuters
- Trump administration threatens to cut federal agencies' support for Smithsonian
- Morning Bid: Bonds breathe sigh of relief
- North Korea ruling party revisions bolster Kim Jong Un's control, report says
SEC Filings
- Form 144 Eastern Bankshares, Inc. Filed by: Westermann Donald Michael
- Form 4 Rackspace Technology, For: Sep 02 Filed by: SINHA DHARMENDRA KUMAR
- Form 4 Rackspace Technology, For: Sep 02 Filed by: Marino Mark A.
