π¨ BREAKING: Fidelity Investments reports a record number of 401(k) millionaires in the second quarter, as retirement savings remain at all-time highs despite ongoing economic anxiety, per MarketWatch.
π¨ BREAKING: AI cloud startup Nscale is in talks to raise up to $3.5 billion in pre-IPO financing, according to people familiar with the matter, per Bloomberg.
π¨ BREAKING: Zscaler ($ZS) shares are sliding after the cybersecurity company provided fiscal 2027 growth guidance that failed to impress investors, overshadowing its latest quarterly revenue beat, per Yahoo Finance.
π¨ BREAKING: Zcash ($ZEC) has surged to its highest level in nearly a decade, defying broad market weakness and triggering massive short liquidations, per Yahoo Finance.
π¨ BREAKING: Zcash ($ZEC) has surged to its highest price in nearly a decade, defying broad market weakness and crushing significant short positions, per Yahoo Finance.
π¨ BREAKING: Zscaler ($ZS) shares are sliding after the cybersecurity company provided fiscal 2027 growth guidance that failed to impress investors, overshadowing its latest quarterly revenue beat, per https://t.co/a5gXVkOZWH.
π¨ BREAKING: Bitcoin ($BTC) heads for its third consecutive weekly gain as traders seek refuge in the cryptocurrency amid volatility across equities, currencies, and bond markets, per CNBC.
π¨ BREAKING: The WNBA announces commissioner Cathy Engelbert will retire at the end of 2026. Engelbert oversaw a period of significant growth for the league, but faced recent criticism from players regarding her leadership, per CNBC.
π¨ BREAKING: The Federal Reserve Board announces it has terminated enforcement actions with United Texas Bank and Quontic Bank related entities, per the Federal Reserve.
π¨ BREAKING: The U.S. economy added 162,000 jobs in August, topping all estimates, according to a report from Bloomberg. The stronger-than-expected labor market data is fueling market bets for a Federal Reserve interest rate hike this month.
π¨ BREAKING: The U.S. average retail price of diesel has hit a record high of $5.85 per gallon, as escalating conflict in the Middle East puts further pressure on global energy supplies, per The Hill.
π¨ BREAKING: Trump says he will stop trade with any country that does not follow his demand for the Federal Reserve to slash interest rates, per CNBC.
π¨ BREAKING: EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus for $2 billion, aiming to accelerate the firm's global expansion, per Bloomberg.
π¨ BREAKING: The U.S. federal government has launched an investigation into Teslaβs ($TSLA) Cybercab deployment. The probe comes just hours after the first production units were deployed on Austin roads, per TechCrunch.
π¨ BREAKING: Volkswagen ($VWAGY) supervisory board approves plan to cut 100,000 jobs by 2030, doubling its previous target of 50,000, as the automaker seeks to aggressively restructure its operations, per MarketWatch.
The U.S. Forest Service is closing 23 research sites that reported little to no staffing as part of a broader agency reorganization. The shuttered facilities were selected for closure following a comprehensive review of 64 sites, per The Hill.
π¨ BREAKING: Adobe ($ADBE) names Anil Chakravarthy as its new CEO, with current leader Shantanu Narayen shifting to executive chair, per https://t.co/a5gXVkOZWH.