INDYNEWS
- Wall Street Opens Lower As 10-Year Yield Hits Highest Since January 2025
Rising borrowing costs and firmer oil prices combined to pressure US equities at the September 1 open.
- Wall Street Analysts Lift Price Targets on Microsoft, Snowflake and Robinhood
BofA, Rosenblatt and Morgan Stanley all raised targets this week, citing AI-driven growth and, for Robinhood, upside independent of crypto trading.
- Euro Zone Inflation Hits 3.3% in August, Above Recent Trend
Energy costs pushed the headline rate higher, complicating the European Central Bank's path on interest rates.
- Oil Jumps Toward Two-Week High After Tankers Struck Near Hormuz
WTI and Brent both climbed above $90 a barrel following reports that two tankers were hit near the Strait of Hormuz, the world's busiest oil chokepoint.
- Ashtead Technology Shares Fall as H1 2026 Profit Slips
The subsea equipment rental firm's first-half profit declined, and the stock has been sliding in the sessions since the earnings call.
- Bond Rout Pushes Japan Yields to Key Threshold as Oil Nears $88
Rising Fed rate-hike bets and a fresh leg up in crude are colliding with a deepening global bond selloff, leaving European equities largely flat.
- Chinese Retail Stocks Rise After Beijing Unveils New Consumption Measures
The gains came the same day India reported factory growth at a five-year low, highlighting a split in Asian demand signals.
- Japan's 10-Year Bond Yield Tops 3% for First Time in 30 Years
The move came as Tokyo and Washington pledged to keep coordinating on the yen, a sign policymakers are watching bond markets closely.
- Square Enix Shares Jump 11% on Privatization Report
A report suggesting the Japanese video game publisher could go private drove the largest single-day gain in recent memory for the stock.
- Oil Extends Gains as Trump Threatens More Iran Strikes
Crude rose for a second straight session on renewed Middle East supply fears, while gold merely steadied after a two-day decline.
- Anthropic's $35 Billion Lambda Deal Shows AI Capacity Crunch Is Now a Financing Problem
Alphabet's CEO says even Google can't build AI infrastructure fast enough, while Anthropic locks up 5 gigawatts of Nvidia-backed cloud capacity.
- Shein's Hong Kong Debut Falls Flat, Undercutting Turnaround Bet
The fast-fashion retailer's long-delayed listing priced at what dealers called a bargain valuation, yet shares slid instead of holding the line.
- Executives at Three Companies Cash Out Tens of Millions in Stock
Insider sales at Cabot, Brinker International and Synopsys each topped $5 million in disclosures filed around the same period.
- Russia's MOEX Jumps 3.15% Even as Europe Snubs Its Finance Minister
Russian stocks rallied at the same G20 gathering where Anton Siluanov was excluded from the official photo, as Ukraine lobbies Washington on sanctions.
- Trump Says Exxon 'Going In' to Venezuela as US Pushes Oil Deals
The announcement comes as a separate report argues Venezuelan crude could help refill US strategic reserves.
- Powell Keeps a Fed Vote Even Though He's No Longer Chairman
Powell retains the same single vote on rate decisions as Kevin Warsh, the report notes, despite stepping down from the top job.
- Marvell's Post-Earnings Dip Looks Like a Trap, Not a Buying Opportunity
A Seeking Alpha analysis argues investors chasing Marvell's pullback after Q2 results are moving too fast.
- OpenAI Values Itself at $852 Billion in $7 Billion Employee Share Sale
The sale, aimed at letting staff cash out, sets up a possible IPO valuation north of $1 trillion.
- 10-Year Treasury Yield Breaks Out, and It's Not Just the Fed's Inflation Fight
Rising long-term rates are being driven by forces beyond monetary policy, and strategists say 5% could be only the start.
- Deere Shares Rise After Baird Upgrade to Outperform
The upgrade adds to a string of bullish analyst calls on the farm-equipment maker this week.
- Middle East Clashes Push Oil Higher, Drag Wall Street Lower
Energy shares climbed while broader indexes opened down as crude prices jumped on fresh regional conflict.
- SAIC Shares Rise 7% After Earnings Beat and Raised Guidance
Science Applications International Corp topped estimates and lifted its outlook, sending the defense contractor's stock up sharply.
- US Strikes on Iran Send Oil Higher, Futures Lower, Rate-Hike Bets Jump
Traders repriced the odds of another Federal Reserve rate increase within hours of the strikes as crude and defense stocks moved in tandem.
- Energy Stocks Rally as Fresh U.S.-Iran Strikes Push Oil Prices Higher
Renewed military action between the U.S. and Iran sent crude prices up and lifted energy shares, while broader U.S. stock futures dipped on inflation worries.
- Baird Upgrades Four Farm and Construction Equipment Makers in One Day
Deere, CNH Industrial, AGCO and Titan Machinery all received rating upgrades from Baird on the same day, citing margin recovery and a turn in the North America crop outlook.
- European Stocks Ease as Middle East Strikes Push Crude Toward $91.50
U.S.-Iran strikes and a hawkish tone from the Federal Reserve combined to lift oil and pressure European equities in the same session.
- Yen Breaks Past ¥160, Japanese Yields Hit 30-Year High
Hawkish comments from Fed candidate Kevin Warsh at the Jackson Hole gathering pushed traders to price in more monetary tightening, hitting Japanese bonds and the currency together.
- China Bank Earnings Rally Collides With Property Mortgage Fears
Bank of China jumped 5% on higher profit and a bigger dividend, even as new mortgage rules hit property stocks and raised funding concerns.
- Oil Jumps, Stocks Slip, Bitcoin Shrugs After US Strikes Iran
Crude rose and equities fell on the Gulf missile exchange, but bitcoin barely moved, keeping its spot as August's best-performing major asset.
- China's Factories Stay in Contraction as Airlines Post Heavy Fuel-Driven Losses
August factory activity improved slightly but remained below the growth threshold for a second straight month, while China's three largest carriers reported steep first-half losses on fuel costs.