StocksCompany news· Sep 3
Dell Raises Revenue Outlook by $25 Billion
Dell Technologies announced a significant revenue forecast increase due to strong demand for AI servers, boosting its market position. [2026-09-02]
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Thursday Sep 3, 2026
StocksCompany news· Sep 3
Dell Technologies announced a significant revenue forecast increase due to strong demand for AI servers, boosting its market position. [2026-09-02]
Read the full story →Broadcom Inc. (AVGO) reported a 221% increase in its AI revenue, yet its stock remained under pressure, falling 5% as of September 3. Analysts suggest that despite impressive AI growth, the overall guidance was not strong enough to support Broadcom's high valuation. The semiconductor giant, with a market cap of $1.7 trillion, faces challenges in aligning investor expectations with its growth trajectory.
GitLab Inc. (GTLB) shares rose 10% following a strong earnings report on September 2. The company's growth was bolstered by increased demand for its AI-enhanced coding tools, which improved revenue growth and sales productivity. Despite a negative net margin of 5.9%, GitLab's strategic focus on AI integration appears to be paying off.
PG&E Corporation (PCG) announced a strategic review alongside plans to defer $2 billion in California investments, causing its stock to drop over 8% on September 2. The utility company, grappling with wildfire-related liabilities, aims to reassess its capital allocation to stabilize its financial health. The review comes amid regulatory pressures and potential credit rating downgrades.
MarketsMarkets today· Sep 3
U.S. equities rose on September 2, with Utilities and Communication Services sectors outperforming, as stabilizing yields supported risk sentiment.
Read the full story →Asian markets experienced a relief rally on September 3, with MSCI Asia ex-Japan up 0.8% as sliding bond yields and a stronger yen supported investor sentiment. The yen's rise to a three-week high against the USD at 157.6 reflected intervention chatter and hawkish commentary from the Bank of Japan, bolstering regional currencies and equities.
European stocks closed lower on September 3, with the Euro Stoxx 50 down 0.10%, as higher sovereign yields weighed on sentiment. The DAX and CAC 40 also experienced declines, reflecting investor caution amid rising borrowing costs. The FTSE 100 slipped 0.29%, further indicating the pressure from fiscal dynamics.
Brent crude maintained its position around $95 per barrel on September 3, following a three-day rally. The stability in oil prices reflects balanced supply-demand dynamics and geopolitical considerations, particularly in the context of U.S.-Iran tensions in the Strait of Hormuz.
BondsRates and credit· Sep 3
U.S. 10-year Treasury yields retreated from recent highs, reflecting easing inflation fears and stabilizing oil prices. [2026-09-03]
Read the full story →The Bank of Korea announced its first official gold allocation in 13 years on September 3, a move that adds to the record central-bank buying trend supporting bullion demand. This strategic decision reflects a broader shift among central banks towards diversifying reserves amid global economic uncertainties.
U.S. mortgage refinancing rates edged lower on September 3, with the average 30-year refi rate at 6.854% and the 15-year at 5.964%. This decline brings consumer borrowing costs closer to 6%, marking the first time in months that rates have approached this level.
Following the Bank of Canada's decision to hold its policy rate at 2.25%, Canadian 2-year yields remained steady around 2.745% on September 3. The central bank's signal of readiness for future hikes if inflation persists reflects a cautious approach to monetary policy amid ongoing economic challenges.
GeopoliticsWorld and markets· Sep 3
Renewed clashes between U.S. and Iran in the Strait of Hormuz raise energy security concerns, impacting oil market dynamics. [2026-09-02]
Read the full story →The Bank of Korea's recent gold purchase marks a significant strategic shift in its reserve management. This move aligns with a broader trend of central banks diversifying holdings to mitigate risks amid global uncertainties. The decision underscores the growing role of gold as a hedge against economic volatility.
The Japanese yen's recent appreciation to a three-week high against the USD reflects intervention chatter and hawkish commentary from the Bank of Japan. This currency movement highlights the sensitivity of foreign exchange markets to central bank communications and geopolitical developments.
The Brent crude market has shown stability around $95 per barrel, maintaining this level amid geopolitical tensions and economic indicators. The current pricing reflects balanced supply-demand dynamics, with potential disruptions from geopolitical hotspots remaining a key concern for traders.
MemesSpeculation watch· Sep 3
bioAffinity Technologies saw a nearly 48% rise in its stock price, driven by speculative market interest in this small-cap biotech firm.
Read the full story →Focus Universal Inc. (FCUV) saw its stock climb 33.57% to $15.16, driven by speculative trading on September 2. The company's surge reflects heightened market interest, likely fueled by retail investor activity and momentum strategies. Despite the absence of new company-specific news, FCUV's price action highlights the speculative nature often seen in small-cap stocks.
Swvl Holdings Corp. (SWVL) experienced a 32.64% increase in its stock price, reaching $5.08 on September 2, amid speculative interest. The general transportation company, with a market cap of $51 million, saw its shares rise despite no new announcements, a common occurrence in small-cap arenas where trading dynamics often outpace fundamentals.
The GraniteShares 2x Long DELL Daily ETF (DLLL) rose 31.58% to $28.33, reflecting leveraged interest in Dell Technologies' post-earnings rally. As an asset management product, DLLL's performance is tied to underlying movements in Dell's stock, illustrating the amplified volatility inherent in leveraged ETFs.