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Nvidia Lifts Nasdaq to Record as Soft Jobs Data Lifts Stocks
U.S. stocks climbed Friday after softer-than-expected jobs data, with Nvidia driving the Nasdaq to an intraday record while the bond market moved in the opposite direction.
Porsche Ends Web3 Project as 911 NFT Volume Craters
Porsche is shutting down its Web3 project and Pioneers Circle community less than four years after launching its 911 NFT collection, as trading volume on the collection has collapsed from roughly $20
Nike Drops 10% on Weak Outlook, Announces Layoffs
Nike trimmed its revenue outlook after a bleak Q1, announced layoffs and a new cost-cutting efficiency program, sending shares down roughly 10%.
Nike Stock Drops 10% on Revenue Miss, Layoffs
Nike shares fell roughly 10% after the company reported revenue below estimates and announced plans to cut jobs through a new efficiency program aimed at slashing costs.
Treasury yields inch higher as investors await key jobs report
U.S. Treasury yields edged higher Friday as investors awaited the September nonfarm payrolls report, with the 30-year hitting a 24-year high and the 10-year near multiyear peaks amid a global bond sel
Korea crypto exchange profits fall 78% as traders pivot to KOSPI
South Korean crypto exchange operating profits cratered 78% in the first half of 2026 as trading volumes, market valuations, and customer deposits all declined, according to new government data from K
Broadcom Starts Amassing $60 Billion to Fund Chips for Anthropic - Bloomberg.com
Broadcom is assembling up to $60 billion to manufacture AI chips for Anthropic, with Yahoo Finance reporting a $42 billion lend-and-lease component it characterizes as a circular investing deal.
SEC Proposes Crypto Custody Rules for Funds
The SEC proposed new rules creating a tailored framework for how investment advisers and regulated funds can custody crypto assets, aiming to remove barriers that have limited crypto investment offeri
KKR, a leading U.S. investment firm, warns about the growing pile of AI debt
KKR credit market experts warn that the roughly $600 billion in AI-related debt is concentrated among a handful of issuers whose financing, chips, and infrastructure all route through the same counter
Boeing Engineers Union Approves Contract, Averts Strike
Boeing's white-collar engineers union approved a new contract — including a reported 32% raise for roughly 17,000 workers — averting a strike following a tense summer standoff.
Treasury Yields Retreat From Multiyear Highs as Buyers Return
Treasury yields retreated from multiyear highs as buyers resurfaced, with Asian stocks expected to fall on an oil rally and bonds remaining the focal point across global markets.
BoC: Rates Can't Fix Housing Affordability
Bank of Canada senior deputy governor Carolyn Rogers says monetary policy alone cannot solve housing affordability, urging coordinated action across governments to address supply and economic imbalanc
Boeing Engineers Ratify Contract, Avert Strike
Boeing engineers and technical workers ratified a new labor contract, averting a strike after a contentious summer of negotiations between the aerospace giant and its technical workforce.
Evernorth clears vote for Nasdaq debut with 473M XRP
Evernorth has cleared its shareholder vote to debut on Nasdaq with a 473 million XRP treasury, backed by Ripple, Kraken, Pantera Capital, SBI Group, Arrington Capital, and GSR, with plans to grow per-
Nike stock sinks as revenue misses estimates - Yahoo Finance
Nike reported quarterly revenue that missed Wall Street estimates and unveiled workforce reductions tied to a broader restructuring, sending shares to their lowest level in 13 years.
10-Year Yield Hits 5.2%, Havoc for Non-AI Stocks
Rising Treasury yields are punishing stocks outside the AI trade, with the 10-year hitting 5.2%, though some analysts argue the S&P 500 needs only modest earnings growth to justify current levels.
Memory executives expect RAM shortage to continue through 2028 - Ars Technica
Memory industry executives forecast a global RAM shortage stretching through 2028, per Ars Technica, as Micron reported an 11-fold jump in data center revenue and 87% gross margins.
KC Fed's Schmid flags long-end rate pain
Kansas City Fed President Jeff Schmid warned Axios that the relentless rise in long-term interest rates is now creating visible 'friction' among heavy users of long-dated credit, including multifamily
Warsh Cracks Down on Fed HQ Renovation, Taps GSA to Lead
Federal Reserve Governor Warsh is cracking down on the central bank's headquarters renovation, tapping the General Services Administration to take over leadership of the project.
Where is the Stock Market Volatility? - A Wealth of Common Sense
The S&P 500 sits flat even as individual stocks inside it swing wildly, a divergence multiple outlets say echoes the dot-com era of 2000 when index-level calm masked intense single-stock volatility.
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