9:45 PMStocks1 min read
Nucor, Steel Dynamics Shares Slip on Q3 Forecasts
Both steelmakers expect higher third-quarter earnings, but their forecasts fell short of Wall Street estimates after strong runs in their shares.
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70 stories in the last 24 hours
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Wednesday, September 2324 stories
- 9:44 PMGlobal2 min read
Levi Strauss, M&S Launch Shared Supplier Clean-Energy Program
The Fashion Renewable Collaborative will help apparel suppliers assess and buy renewable power, while inviting more brands to join.
- 9:44 PMAI & Tech1 min read
KPMG Puts AI Incubator Under Direct CEO Oversight
The new unit will combine AI, technology partnerships and product development, with Todd Lohr leading its push to build new businesses.
KPMG - 9:35 PMCommodities2 min read
JPMorgan Drops Its Baseline Oil Forecast as Iran War Drags On
The bank says it cannot model the conflict’s endgame, while disrupted shipments and shifting diplomatic signals keep Brent volatile.
JPMBrent Crude - 9:35 PMStocks2 min read
Novo’s 2030 Drug Ambitions Fail to Halt Share Slide
The Danish drugmaker promised new blockbuster medicines and expanded pill capacity, but investors wanted a clearer measure of growth before patents expire.
LLYNVO - 9:34 PMCrypto1 min read
ECB Backs Scrapping MiCA’s 60% Stablecoin Deposit Rule
The ECB says bank deposits can expose lenders to sudden withdrawals and wants MiCA to favor reserves that mature within days.
TetherUSDTEuropean Central BankEuropean Commission - 9:26 PMStocks1 min read
Victoria’s Secret Turnaround Faces a Wall Street Valuation Test
Strong sales and higher guidance fuel the recovery case, but some analysts question how much progress the share price already reflects.
- 9:25 PMStocks1 min read
Quest Still Beats Nasdaq, but Medicare Cuts Cloud Rally
Quest Diagnostics remains well ahead of the Nasdaq in 2026, though a new Medicare payment proposal sent shares lower.
DGXNasdaq Composite
- 9:24 PMStocks2 min read
MiniMed Analysts Lift Targets as $90 Million Cash Outflow Persists
Nine analysts raised MiniMed price targets after strong quarterly growth, but separation costs and a calendar boost complicate the cash-flow picture.
MMEDMedtronic - 9:16 PMStocks1 min read
Workday’s Rally Tops Software ETF, but Buyout Talk Looms
Workday surged 64% in three months, far ahead of software peers, though acquisition speculation and a weak year-to-date return complicate the picture.
- 9:15 PMMarkets2 min read
Oil Hopes and AI Bets Lift Stocks, but Risks Remain
A conditional Iran offer and Meta’s new AI assistant buoyed investors, while energy costs and uncertain diplomacy threatened the optimism.
- 9:14 PMStocks1 min read
S&P 500 Fund Offers a Low-Cost Alternative to Anthropic IPO
VOO charges 0.03% annually and spreads exposure across large U.S. companies, but its history cannot predict how Anthropic shares will perform.
VOOAnthropic - 9:05 PMStocks1 min read
Netflix’s Lower Valuation Meets a Slower Growth Test
A steep share-price slide has brought Netflix’s forward earnings multiple down, but slowing sales growth and weaker engagement remain investor concerns.
- 9:05 PMStocks1 min read
Cramer Picks Brinker’s Chili’s Play Over Darden Ahead of Results
The CNBC host cited Chili’s $10.99 meal deal and sales momentum, while Darden’s Olive Garden remained a key point to watch.
- 9:04 PMEconomy2 min read
Yardbird Seeks Chapter 11 Sale With About $49 Million in Claims
The restaurant group plans to keep operating while it seeks a buyer, after expansion costs and uneven performance strained its finances.
Yardbird - 8:55 PMStocks2 min read
Grab’s 44% Slide Puts Growth and Valuation on Trial
Shares hit a 52-week low as growth forecasts and cash reserves compete with rising incentives and a costly lending acquisition.
GRABAtome Financial - 8:54 PMStocks1 min read
CarMax Cuts 145 Corporate Jobs in Third Layoff Round
The used-car retailer says the cuts support a leaner workforce as CEO Keith Barr pursues $200 million in expense savings.
- 8:54 PMMarkets1 min read
Oil and Gas PE Deals Fall 60% as Platform Buyouts Stall
PitchBook counted 16 oil and gas sponsor deals in Q2, with just three launching new portfolio platforms amid war-driven uncertainty.
Oil & Gas - 8:43 PMCrypto1 min read
Binance Buys $100 Million Circle Stake in Five-Year USDC Deal
Circle will pay Binance incentives tied to USDC balances as the exchange promotes the dollar-linked stablecoin across its platform.
- 8:43 PMEconomy2 min read
UK Investment Association Seeks Stable Pension Tax Rules Ahead of Budget
A survey found 38% of UK adults say pension policy changes make it harder to plan, as the industry urges tax certainty.
Investment AssociationUK GovernmentLondon Stock Exchange - 8:42 PMCommodities2 min read
Saudi Arabia Tests East-West Pipeline as Oil Exports Near Restart
Tests on the damaged route were followed by a low-rate restart, offering a possible new outlet for Saudi crude beyond Hormuz.
2222Saudi Arabia - 8:33 PMStocks2 min read
Fastly Pairs AI Security Launch With Investor Day Pitch
New controls for AI models and agents arrive as Fastly highlights security growth and rising machine-generated traffic to investors.
- 8:32 PMStocks1 min read
Micron’s $50 Billion Forecast Fuels Bullish Case Ahead of Earnings
Record memory sales and long-term customer deals strengthen the case for Micron, but investors face a key test on September 30.
MUMicron Technology - 8:32 PMStocks2 min read
Disney Shares Lag the Market, but Earnings Offer a Counterpoint
DIS is down more than 7% this year, while stronger quarterly profit and a lower valuation give investors reasons to keep watching.