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NYDFS tells X Money to scrap interest payments on balances from October 1
New York’s financial regulator (NYDFS) has informed X, owned by Elon Musk, of its inability to pay interest on X money balances belonging to New York customers. NYDFS went on to say that the yield on such accounts will drop to 0.00% on October 1, 2026. The announcement yanks one of X’s major perks from...Cryptopolitan
Tue, Sep 1
Stocks
Tencent Music Entertainment Group Announces Notes Offering
SHENZHEN, China, Sept. 2, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced its proposed public offering (the "Proposed Offering"...PR Newswire
Tue, Sep 1
Cryptocurrencies
Micron's Taiwan unions edge toward a strike vote over bonuses
Two unions that together represent roughly 10,000 Micron workers in Taiwan are preparing to organize a strike vote over the way the company calculates bonuses. A strike could make the current chip shortage even worse and lead to higher prices for phones, laptops, and other electronics. 80% of Micron employees support going on strike Micron...Cryptopolitan
Tue, Sep 1
Stocks
Royal Caribbean Group Declares Dividend
MIAMI, Sept. 2, 2026 /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on October 8, 2026, to shareholders of record at the close of business on September 17, 2026. About Royal Caribbean GroupRoyal Car...PR Newswire
Tue, Sep 1
Stocks
Hycroft Strengthens Board for Its Next Phase of Growth
Adding Four Extraordinary Leaders in the Global Mining Industry WINNEMUCCA, Nev., Sept. 2, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC)("Hycroft" or "the Company") today welcomes four highly accomplished and respected leaders in the mining industry to our ...PR Newswire
Tue, Sep 1
Market Movers
Synopsys Inc Stock (SNPS) Closed Down by 5.63% on Sep 1: A Full Analysis
• Executive Chairman Aart de Geus sold shares under a trading plan. • Synopsys reported strong third-quarter earnings and raised full-year guidance. • The Ansys acquisition introduces a significant debt burden for the company.
TradingKey
Tue, Sep 1
Market Movers
Arista Networks Inc Stock (ANET) Closed Down by 3.29% on Sep 1: Drivers Behind the Movement
• Arista Networks faced profit-taking after a prolonged rally near multi-month highs. • Insider share sales under pre-arranged plans triggered short-term selling caution. • Analysts maintain Buy ratings with an average price target of $237.35.
TradingKey
Tue, Sep 1
Market Movers
Palantir Technologies Inc Stock (PLTR) Closed Down by 3.47% on Sep 1: A Full Analysis
• Palantir dropped due to short-term profit-taking after an extraordinary rally. • High valuation multiples amplified price swings during this recent market consolidation. • Core business demand and free cash flow guidance remain strong overall.
TradingKey
Tue, Sep 1
Market Movers
Datadog Inc Stock (DDOG) Closed Down by 5.57% on Sep 1: A Full Analysis
• Datadog faced price pressure from macroeconomic headwinds and rising Treasury yields. • Its usage-based model and high valuation contributed to sector-wide selling momentum. • Analysts maintain an average price target of $284.12.
TradingKey
Tue, Sep 1
Market Movers
Cadence Design Systems Inc Stock (CDNS) Closed Down by 7.60% on Sep 1: Facts Behind the Movement
• Cadence shares declined due to valuation compression and broad market profit-taking. • Strong operational results, record order backlog, and AI platform adoption support demand. • Technical indicators show neutral momentum while the Williams %R suggests oversold conditions.
TradingKey
Tue, Sep 1
Earnings
Palo Alto Networks Q4 FY2026 Earnings: Revenue Growth Outpaces GAAP Profitability
Palo Alto Networks’ fiscal Q4 2026 revenue rose 34% to $3.41 billion, and Next-Generation Security ARR increased 63% to $9.10 billion. GAAP diluted EPS swung to a $0.35 loss from $0.36 profit as operating income fell and net other expense weighed on results, while non-GAAP EPS increased to $1.02. Operating cash flow reached $1.36 billion and adjusted free cash flow was $1.29 billion. Fiscal 2027 guidance calls for $14.10 billion to $14.20 billion of revenue and a 38.0% adjusted free cash flow margin.
TradingKey
Tue, Sep 1
Earnings
MongoDB Q2 Fiscal 2027 Earnings: 30% Revenue Growth Drives Margin Expansion
MongoDB’s fiscal Q2 2027 revenue rose 30% year over year to $771.8 million, while GAAP diluted EPS improved to $0.50 from a $0.58 loss. Free cash flow nearly doubled to $137.6 million as gross and operating margins expanded. Growth was supported by both Atlas and Enterprise Advanced and other revenue, while management cited core enterprise workloads and early AI use cases. MongoDB also raised full-year fiscal 2027 guidance, identifying Atlas as the main driver of the second-half increase. The quarter was its third consecutive period of GAAP EPS profitability.
TradingKey
Tue, Sep 1
Forex
Mexican Peso holds near 17.00 as US-Iran strikes hit Peso
The Mexican Peso erases some of its earlier gains against the US Dollar on Tuesday as the US and Iran launched successive strikes against each other, souring risk appetite and weighing on the emerging market currency. The USD/MXN trades at 16.99, virtually unchanged.
Fxstreet
Tue, Sep 1
Earnings
Dell Q2 FY2027 Earnings: Server Growth Expands Revenue and Margins
Dell Technologies’ fiscal Q2 2027 revenue rose 58% year over year to $46.97 billion, while GAAP diluted EPS increased 273% to $6.34. Infrastructure Solutions Group revenue climbed 89% to $31.78 billion as AI-optimized server revenue doubled and traditional servers and networking grew 122%. GAAP operating margin expanded to 11.5%, although operating cash flow fell 13% to $2.23 billion. Dell raised full-year revenue guidance to $192 billion and AI-optimized server revenue guidance to $74 billion. The quarter ended July 31, 2026.
TradingKey
Tue, Sep 1
Earnings
Credo Fiscal Q1 2027 Earnings: Revenue More Than Doubles
Credo (Nasdaq: CRDO) reported fiscal Q1 2027 revenue of $479.0 million, up 114.7% year over year, while GAAP diluted EPS rose to $0.67 from $0.34. Non-GAAP net income increased 140% to $236.3 million. However, GAAP gross margin fell to 64.5% and sequential GAAP operating income declined as operating expenses rose. For fiscal Q2, Credo guided to $525 million-$535 million in revenue, with GAAP gross margin of 62.9%-64.9% and non-GAAP gross margin of 67.0%-69.0%. The outlook points to another quarter of sequential revenue growth.
TradingKey
Tue, Sep 1
Earnings
GitLab Q2 FY2027 Earnings: Revenue Rose 21% but Margins Narrowed
GitLab’s (NASDAQ: GTLB) Q2 FY2027 revenue rose 21% year over year to $286.3 million, while GAAP diluted loss per share widened to $0.22 from $0.06. GAAP operating margin fell to negative 20% from negative 8%, and operating cash flow shifted to a $3.1 million outflow from a $49.4 million inflow. Customer and booking metrics remained positive, including 117% dollar-based net retention and 20% cRPO growth, but lower gross margin, higher operating costs, and working-capital pressure limited the benefit of revenue growth during the quarter.
TradingKey
Tue, Sep 1
Cryptocurrencies
Morpho halves Aave's lending lead as outstanding loans hit $5B record
Morpho’s outstanding loans have reached an all-time high of $5 billion. Crypto analytics firm Messari reported the metric on Tuesday, September 1. This brings the decentralized lending protocol closer to Aave, which is the longtime leader in that space, and it also raises its profile among the fintechs and stablecoin issuers routing credit through it....Cryptopolitan
Tue, Sep 1
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