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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 2:08 AM EDT
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Latest StreetInsider Headlines
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- 02:00 AM GripVolt Expands Temperature-Control Product Portfolio With New Travel Cooler and Upgraded Car Thermal Cup Holder
- 02:00 AM InterContinental Hotels Group PLC Announces Transaction in Own Shares - September 03
- 02:00 AM Komatsu and Atlassian Williams F1 Team Renew Award-Winning Global Partnership with Expanded Technical Collaboration
- 02:00 AM AM Best Publishes Annual Review of Global Reinsurance Segment; Analysis Highlights Inflection Point for Reinsurers
- 02:00 AM KnowBe4 Achieves Italian National Cybersecurity Agency Accreditation
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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
- InterContinental Hotels Group PLC Announces Transaction in Own Shares - September 03
- Hemogenyx Pharmaceuticals PLC Announces Exercise of Warrants and Issue of Equity
- Costa Rica Makes History as First Latin American Country to Launch English Learning as a National Initiative with Open English
Analyst Comments
- RBC Capital Starts Deep Yellow Ltd (DYL:AU) at Outperform
- StoneX Starts C1 Fund Inc (CFND) at Buy
- Freedom Broker Downgrades NIO (NIO) to Hold
Analyst PT Change
- Reliance Industries (RELIANCE:IN) PT Lowered to INR1,625 at JPMorgan
- JPMorgan Downgrades ZTO Express (ZTO) to Overweight
- Medtronic, Inc. (MDT) PT Raised to $115 at Mizuho
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
- HAFNIA LIMITED: Accelerated Vesting under Long-term Incentive Plan
- Komatsu and Atlassian Williams F1 Team Renew Award-Winning Global Partnership with Expanded Technical Collaboration
- AM Best Publishes Annual Review of Global Reinsurance Segment; Analysis Highlights Inflection Point for Reinsurers
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
- Freedom Broker Downgrades NIO (NIO) to Hold
- Guggenheim Downgrades Alumis Inc (ALMS) to Neutral
- JPMorgan Downgrades ZTO Express (ZTO) to Overweight
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
- Commure Ambient AI Achieves Class I Certification and MHRA Registration
- NBPE: NBPE Announces Transaction in Own Shares
- Transaction in Own Shares
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
- RBC Capital Starts Deep Yellow Ltd (DYL:AU) at Outperform
- StoneX Starts C1 Fund Inc (CFND) at Buy
- Nomura/Instinet Starts Wakefit Innovations (WAKEFIT:IN) at Buy
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
- Crypto Market News Turns Bullish as ETFs Near $100 Billion While Pepeto Presale Races
- HAFNIA LIMITED: Accelerated Vesting under Long-term Incentive Plan
- Next Shiba Inu With 100x Potential? Best Crypto Presale AlphaPepe Has $2.57M Raised Without a Public Candle Yet
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
- ITP Media Group secures major acquisition of APAC's Heart Media Group sparking international expansion across Asia
- Breakthrough in Garden Care: Navimow Redefines the Edge Cutting Experience with H5 Pro at IFA 2026
- Govee Ushers in the Next Era of Smart Living with AI-Powered Lighting Innovation at IFA 2026
Reuters
- Nepal must rebuild thousands of homes, no let up in search for missing
- Gaza seed bank helps farmers cultivate the little land they have left
- Nepalis pin hopes on 'wall of the missing' in hunt for relatives after deadly flood
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.
