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Copper's Record Price Masks 131K-Ton Supply Glut
Copper prices reached a new all-time high of $14,533 per metric ton, yet a 131,000-ton surplus complicates the rally. Regional shortages and tariff uncertainty are key drivers.
Silicon Motion Surges 8.7% on EU Cyber Milestone, but Full Compliance Awaits
Silicon Motion shares rose 8.7% after an early EU cyber-compliance milestone, yet full CRA compliance is still pending. Strong Q2 results and guidance also support the rally.
Tesla's $88B Drop: Cybercab Audit Revives Autopilot Scrutiny
Tesla shares plunged 5.92% after a new federal audit of its Cybercab, erasing $88 billion in market value and reigniting concerns over its autonomous driving data.
SK hynix Rally Persists, but Supply Discipline Looms as Key Test
SK hynix extends two-day rally to 11.7% as investors bet on tight memory supply. Focus shifts to capacity discipline and margin sustainability.
Walmart Canada Labour Day Hours Vary by Ontario Location
Walmart's Ontario stores had mixed Labour Day hours, reflecting local rules. Canada accounts for 3.4% of sales; Q2 net sales rose 4.3%.
FICO Stock Plunges 17% as FHFA Expands Mortgage Score Competition
FICO shares tumbled 16.68% to $932.26 after the FHFA ordered Fannie Mae and Freddie Mac to accept VantageScore 4.0 from all mortgage originators, challenging FICO's dominance.
Sapporo Shifts Alcohol-Free Beer to US to Offset Tariff Hit
Sapporo Holdings will move US-bound nonalcoholic beer production from Canada to the US by H1 2027, responding to a 50% tariff that adds JPY 1.2 billion in costs.
AT&T Texas Outage: Regional Disruption, No Nationwide Impact
AT&T (NYSE:T) experienced a significant regional internet outage in Texas on Labor Day, with reports peaking near 1,700. No nationwide failure was detected, and shares were unaffected due to market closure.
Rejlers Shares Surge on Multiconsult Merger, Trading Volume Spikes 14x
Rejlers shares rose 2% on 14 times normal volume after announcing a merger with Multiconsult, targeting SEK 120 million in synergies. The deal requires shareholder and regulatory approvals.
Six Flags' Tuesday Reveal Faces Debt Test
Six Flags (NYSE:FUN) announces a new attraction Tuesday, but lacks details on park, ride, and budget. With $4.9B net debt, investors await specifics.
Wix Faces Securities Suit Over AI Claims as Margin Recovery Lags
Wix faces a securities class action over AI product claims. Q2 margin recovered to 12%, but the stock trades near pre-disclosure highs amid ongoing legal and operational risks.