September 3, 2026 9:38 am
Key Moments U.S. equity index futures traded mixed, with modest gains across S&P 500, Dow, and Nasdaq 100 contracts. Snowflake surged more than 23% premarket after beating second-quarter estimates and lifting its full-year and long-term product revenue outlook. Ultragenyx Pharmaceutical tumbled over 44% following a late-stage trial failure for its Angelman syndrome drug candidate. Index […]
Read moreSeptember 3, 2026 7:51 am
Key Moments PayPal (NASDAQ:PYPL) has eliminated around 600 roles in India, representing about 10% of its local staff, according to Moneycontrol. The reductions span technology, engineering, operations, payments and finance teams across Chennai, Bengaluru and Hyderabad. The India layoffs form part of a plan announced in May to cut PayPal’s global workforce by 20% over […]
Read moreSeptember 2, 2026 2:04 pm
Key Moments Dell Technologies’ shares rose nearly 10% in premarket trading after the company raised its full-year revenue and earnings guidance. Second-quarter revenue increased 58% to a record $47 billion, beating the Wall Street estimate of $44.92 billion. Analysts highlighted Dell’s $60 billion in orders and $95 billion backlog, underscoring strong and persistent AI-related demand. […]
Read moreSeptember 2, 2026 1:56 pm
Key Moments Brown-Forman reported a 1% decline in first-quarter sales to $911 million. Revenue came in below analysts’ average estimate of $914.9 million, based on LSEG data. The company cited weaker demand as inflation-pressured consumers cut back on higher-priced spirits and younger drinkers moderate alcohol intake. Quarterly Results Lag Analyst Expectations Brown-Forman, the producer of […]
Read moreSeptember 2, 2026 1:54 pm
Key Moments Broadcom Inc (AVGO) traded nearly flat premarket at $370.25, up 0.15%, as of Sep 2, 2026 at 8:35 AM EDT. Options pricing implied an approximate 7.3% move on earnings, underscoring a significant binary event around the report. Consensus forecasts called for revenue to climb from $105.75B in FY2026 to $175.62B in FY2027, with […]
Read moreSeptember 2, 2026 1:07 pm
Key Moments KKR & Co has agreed to acquire A1 Garage Door Service in a transaction valued at around $2 billion, according to sources familiar with the matter. The acquisition follows a broader wave of home services M&A, including Oak Hill Capital’s $800 million-plus purchase of Guild Garage Group this year. A1 Garage Door Service, […]
Read moreSeptember 2, 2026 12:54 pm
Key Moments PG&E plans to invest about $11.4 billion in California in 2027 following a $2 billion deferral of previously planned spending. The company expects its debt financing requirements to decline by $2 billion as part of its strategic review. The review covers regulatory, financial, operational, and structural options for how PG&E is organized and […]
Read moreSeptember 2, 2026 12:48 pm
Key Moments Chevron plans to invest more than $7 billion in Venezuela over the next five years to boost production to about 600,000 barrels per day. The company signed multiple agreements redefining terms for its Venezuelan joint ventures, including additional acreage in the Orinoco Belt. Chevron’s three joint ventures in Venezuela have increased output by […]
Read moreSeptember 2, 2026 11:56 am
Key Moments Uber Technologies intends to eliminate 3,300 positions, representing about 10% of its worldwide staff, according to Bloomberg News. The reported cuts are part of a broader overhaul aimed at reshaping the company’s organizational structure. The company is specifically targeting a reduction in the number of managers as part of this restructuring effort. Restructuring […]
Read moreSeptember 2, 2026 11:49 am
Key Moments NFLX tokenized stock trades at $80.53, compressed between short- and medium-term moving averages in a classic pre-breakout pattern. Open interest climbs 4.37% to over 21,000 contracts worth $1.79M while price slips -0.47%, signaling quiet accumulation. Both retail and top traders hold majority long exposure, with funding at 0.0000% and a taker buy/sell ratio […]
Read more