Circle Internet Group Falls as Senate Blocks Crypto Clarity Act: The US Senate failed to advance the Digital Asset Market Clarity Act, a bill meant to create clear federal rules for cryptocurrencies. The failure triggered a sharp selloff across digital assets and… #MarketUpdates Follow Us for more

J.B. Hunt Warns Third-Quarter Earnings Will Decline on Rising Costs: J.B. Hunt told investors at a Morgan Stanley conference that third-quarter earnings per share will decline 5% to 10% from the second quarter, driven by higher driver-related costs, record diesel… #MarketUpdates Follow Us for more

Morgan Stanley Closes $1.3B Growth Equity Fund for Startups: Morgan Stanley Investment Management raised $1.3 billion for its inaugural North Haven Growth & Innovation Fund, exceeding its original target. The fund has already invested in private companies including… #MarketUpdates Follow Us for more

Citi Report: Corporations Prioritize Cash Amid Supply Chain Strain: Citigroup's Institute released a report showing corporate treasurers are shifting focus from supply chain diversification to extracting cash trapped within their supply chains. The study found… #MarketUpdates Follow Us for more

Shell Expands US LNG Supply Deal With MET Group: Shell has agreed to supply MET International with U.S. LNG under a new multi-year contract, building on a 2024 agreement and a 2026 memorandum of understanding. The deal highlights growing global demand for U.S. LNG,… #MarketUpdates Follow Us for more

Dell Technologies Adds Axelera Europa AI Chip to Server Lineup: Dell Technologies began offering Axelera AI's Europa chip in select systems, expanding its AI hardware options toward power-efficient enterprise inference rather than large-scale AI training. The move… #MarketUpdates Follow Us for more

Intel Could Double to $200, Says Melius Research Analyst: Melius Research analyst Ben Reitzes reiterated a Buy rating on Intel with a $165 price target, but said a sum-of-the-parts analysis suggests the stock could reach $200 within two years. The thesis rests on… #MarketUpdates Follow Us for more

American Express Launches High-Yield Business Savings Account: American Express introduced a high-yield Business Savings account carrying a 2.95% APY, with no minimum balance or monthly fees, unifying it with Business Checking under one Amex Business Banking… #MarketUpdates Follow Us for more

Goldman Sachs CEO Flags Softer Fixed-Income Trading, Higher Costs: Goldman Sachs CEO David Solomon told a Barclays conference that the bank's fixed-income, currencies and commodities (FICC) trading business has weakened relative to prior quarters, while equity… #MarketUpdates Follow Us for more

🥇 Gold rose 0.8% to $4,326.83, as traders waited for the Fed’s rate decision.
⛽ U.K. inflation jumped to 3.1% in August, up from 2.9% in July, its first reading above 3% since March.
🛢️ Oil cooled after a two-day rally.

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Sysco Prices $1 Billion Stock Offering to Fund Acquisition: Sysco announced and priced a public offering of common stock worth $1 billion, selling 12,345,679 shares at $81.00 per share. The proceeds will help finance part of the company's pending acquisition of… #MarketUpdates Follow Us for more

Axon Enterprise Plans $1 Billion Convertible Notes Offering: Axon Enterprise announced plans to sell $1 billion in 0% convertible senior notes maturing in 2031, with proceeds earmarked for capped call transactions and general corporate purposes. Shares fell sharply… #MarketUpdates Follow Us for more

Skyworks Solutions Stock Jumps 11% on Apple Launch and Qorvo Merger Progress: Skyworks Solutions shares surged on optimism that Apple's new smartphone lineup, including its first foldable iPhone, will boost demand for radio-frequency components, alongside progress… #MarketUpdates Follow Us for more

Alphabet's Waymo to Launch Tokyo Robotaxi Service in 2027: Waymo, the self-driving unit of Alphabet, agreed with Japanese firms GO and Nihon Kotsu to launch a fully autonomous, unmanned taxi service in Tokyo in 2027. The service will start with a small fleet before… #MarketUpdates Follow Us for more

Costco Raises Kirkland Motor Oil Prices, Adds Purchase Limits: Costco has sharply raised prices on its Kirkland Signature full-synthetic motor oil and introduced purchase limits, following a spike in crude oil prices tied to Middle East conflict. The company also… #MarketUpdates Follow Us for more

Amazon Suspends Cargo Partner 21 Air After Fatal Miami Crash: Amazon has temporarily suspended its charter partnership with cargo airline 21 Air after one of its Boeing 767 freighters overran a runway in Miami on September 6, killing five people on the ground. The… #MarketUpdates Follow Us for more

Shell Positioned to Benefit From Tighter European Gas Market: A sharp tightening in global LNG supply, driven largely by the loss of Middle Eastern volumes, has pushed Asian spot prices to roughly $30 per million BTUs. Shell, as the world's largest LNG trader, is… #MarketUpdates Follow Us for more

Exxon Mobil Joliet Refinery Shut After Power Outage: Exxon Mobil's 264,000-barrel-per-day Joliet refinery went offline after a power outage on Sunday, triggering safety flares and a plant-wide shutdown. The facility, which supplies roughly 11 million gallons of… #MarketUpdates Follow Us for more

HSBC Holdings Winds Down German Transaction Services Business: HSBC is exiting its transaction services business in Germany, cutting more than 300 positions by 2028 as part of a broader push to streamline European operations. The move follows last year's sale of… #MarketUpdates Follow Us for more

Chevron Explores LNG Growth in Argentina, Mediterranean, India: Chevron is evaluating new liquefied natural gas growth opportunities in Argentina, the East Mediterranean, Australia, Africa and Europe, while also exploring a possible LNG supply deal with India. The… #MarketUpdates Follow Us for more