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TSMC hikes equipment spending 1.9x, driven by surging AI demand
TSMC announced a significant upward revision to its quarterly equipment acquisition forecast on September 2, 2026. The company now expects purchases to be 1.9...
Lottomatica acquires CIRSA for €2.8B, creating world’s second-largest gaming group
Italy’s Lottomatica agreed to acquire Spanish rival CIRSA in an all-share deal valued at €2.8 billion. This merger creates the world’s second-largest listed...
🟢 EZCORP is trading 10.46% up in pre-market after strong fiscal Q3 results
EZCORP is trading at $36.00, up 10.46% in pre-market as investors continue focusing on strong fiscal Q3 results. - Coverage cited record pawn-loan balances, a...
SK Hynix eyes Kioxia partnership, threatening exit without a deal
SK Group Chairman Chey Tae-won announced that SK Hynix is considering a deeper partnership with Kioxia. The proposal includes the potential for a joint...
SK Hynix sells $20 billion to authorities, stabilizing the won
SK Hynix Inc. sold approximately $20 billion in U.S. dollars to South Korean foreign exchange authorities. The funds originated from the proceeds of the...
TSMC Boosts Equipment Spending 1.9x, Meeting Surging AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) raised its quarterly equipment acquisition forecast on September 2, 2026. The company now projects purchases...
SK Hynix eyes Kioxia production deal, warns of potential stake sale
SK Group Chairman Chey Tae-won announced that SK Hynix Inc. is considering joint production with Japan’s Kioxia Holdings Corp. The proposed partnership targets...
Tesla China Sales Growth Slows to 3.6%, Squeezed by Local Rivals
Tesla’s sales of China-made electric vehicles grew 3.6% year-on-year in August. This represents a sharp decline from the 38% growth recorded in July. Data from...
BYD Shares Drop 3.7%, Leading Chinese Auto Slump on Demand Fears
BYD shares fell 3.7% in Hong Kong trading on September 2, 2026. This decline led a broader slump across the Chinese automotive sector. The selloff occurred...
Tesla China sales stall at 3.6%, pressured by domestic rivals
Tesla’s Shanghai factory reported 3.6% year-on-year sales growth in August. This figure marks a sharp decline from the 38% growth recorded in July. Monthly...
Bristol-Myers Squibb faces potential carnage, as milvexian trial becomes critical
H.C. Wainwright analysts highlighted intense pressure on Bristol-Myers Squibb regarding its upcoming milvexian clinical trial. This oral FXIa inhibitor trial...
Tencent slashes buybacks to HK$100 million, pivoting to massive AI push
Tencent Holdings is significantly reducing its share buyback program. Single-day repurchase amounts have shrunk to approximately HK$100 million. This...
Tesla China Sales Growth Slumps to 3.6%, as Local Rivals Gain
Tesla’s China-made vehicle sales grew by just 3.6% year-over-year in August. This figure marks a sharp decline from the 38% growth recorded in July. The China...
🟢 Cognyte Software is trading 6.65% up today in pre-market
Cognyte Software is trading at $8.98 (+6.65%) in pre-market, with no confirmed company-specific explanation identified for September 3, 2026. - Annual...
Ford Bids for UK Military Contract, Returning to Defense After Decades
Ford is bidding for the UK Ministry of Defense’s light mobility vehicle program to supply NATO’s next generation of military transport. The multi-billion...
IBM Investigated for Fraud, After 25% Stock Crash Over IBM Z Delays
Securities law firm Bleichmar Fonti & Auld LLP is investigating IBM for potential securities fraud. The inquiry follows a stock price collapse of over 25% on...
21 Global Banks Launch USD Stablecoin, Challenging Crypto Dominance
A consortium of 21 global banks including Goldman Sachs, Bank of America, and Citigroup will form a new company to issue a U.S. dollar-backed stablecoin. The...
Yellow Wood Acquires Nature’s Bounty from Nestlé for $1 Billion, Streamlining Portfolios
Yellow Wood Partners agreed to acquire Nestlé’s Holistic Health platform for $1 billion. The deal includes vitamin, mineral, and supplement brands Nature’s...
Platinum hits two-week low, as US-Iran tensions fuel rate hike fears
Platinum prices fell Wednesday, with futures dropping below $1,740 per ounce. This price level marks a two-week low for the precious metal. Escalating...
PJM Declares Emergency to Prevent Blackouts, Driven by Intense Heatwave
The U.S. Department of Energy warned of escalating blackout risks as an intense heatwave strains the nation’s largest electric grid. PJM Interconnection issued...