NASDAQ:INTCSemiconductors
Intel Stock Holds 5.8% Below Offering as 4.2% Dilution Tests 14A Case
Intel Corporation closed almost unchanged Monday at $89.51. That left the stock 5.8% below its recent $95 offering price.
Market intelligence
Khadija Saeed
All coverage
Khadija Saeed
Intel's latest five-session close
U.S. dollars per share;
Source: Barchart market data via Raymond James. Closing prices are unadjusted.
The $95 offering created a visible price hurdle
$95.00Public offering price
$89.51August 31 close
−5.78%Discount to offering
$1.16BBase buyers' paper shortfall
Calculated from 210,526,315 base shares. Source: Intel offering filing and August 31 close.
Q2 segment operating margins split sharply
Operating income divided by segment revenue; percent.
Source: Intel Q2 2026 segment results. Margins calculated from reported revenue and operating income.
Analyst targets show unusually wide outcomes
U.S. dollars per share; compiled figures available at reporting time.
Source: Yahoo Finance analyst insights. Targets are estimates, not guarantees.
NYSE:GMEStock Market
GameStop Stock Rises 2.9% as Cash Payment Caps Note-Exchange Dilution
GameStop Corp. rose 2.9% on Monday after capping dilution from a $1.4 billion note exchange. The retailer will issue 55.5 million shares and pay…
GameStop’s six-session close
NYSE closing price, U.S. dollars. As of .
Source: S&P Global Market Intelligence data via StockAnalysis.
How the amended exchange pays noteholders
73% shares
27% cash
$1.4bnPrincipal canceled
55.5mShares fixed
$358.4mCash payment
$2.8bnNotes left after closing
Source: GameStop Form 8-K, filed August 31, 2026.
Preliminary second-quarter bridge
Midpoints for the 13 weeks ended August 1, 2026, versus reported year-earlier figures.
Net sales$790m · −18.7%Prior year: $972.2m
Operating income$160m · +141%Prior year: $66.4m
Net income$300m · +77.9%Prior year: $168.6m
Liquid holdings$5.06bn · −41.8%Prior year: $8.694bn
Source: GameStop preliminary results, August 31, 2026. Midpoint changes calculated from company ranges.
CryptocurrencyNASDAQ:PURR
Hyperliquid Strategies rises 5.5% as dilution cancels token discount
Shares of Hyperliquid Strategies Inc. advanced 5.5% on Monday, keeping its common stock market capitalization lower than the value of its token assets. The…
PURR added 15.1% across six sessions
Daily closes in U.S. dollars; Monday's close followed two high-volume post-results sessions.
As of Source: Yahoo Finance
The headline discount disappears after preferred claims
USD billions; common value uses the $12.25 close. Gross assets are not adjusted net asset value.
HYPE price as of . Sources: CoinGecko, company filing and Yahoo Finance. Excludes taxes, other assets, liabilities and warrant exercise proceeds.
Potential share claims are 27.9% above common shares
Millions of shares; conversion and exercise are not assumed to occur immediately.
Preferred: 26.59MConversion is subject to holder blockers.
Advisor warrants: 27.39MThree equal tranches at $9.375, $12.50 and $18.75.
Source: Hyperliquid Strategies 10-K. Full exercise could provide cash; warrant mechanics and preferred blockers apply.
NYSE:MCDStock Market
McDonald’s introduces SpongeBob and One Piece Happy Meals to encourage store traffic after U.S. sales edge up 0.8%
McDonald’s Corporation will launch a Happy Meal featuring 15 toys in the United States from September 15. The SpongeBob SquarePants–One Piece crossover campaign comes…
McDonald’s last-sale path on August 31
Selected Nasdaq prints, U.S. dollars. Official regular close: $263.54.
As of . Source: Nasdaq.
A larger collectible set raises the repeat-visit test
15SpongeBob–One Piece toys from September 15
8Hello Kitty–Godzilla toys from August 18
+87.5%More designs in the new set
Calculated from McDonald’s disclosed toy counts. Source: McDonald’s U.S. Menu Spotter, August 31, 2026.
Second-quarter comparable-sales growth slowed
United States
Total company
Mix matters: McDonald’s said higher average checks supported U.S. sales, while comparable guest counts declined.
Quarter ended June 30. Source: McDonald’s second-quarter 2026 results, released August 4, 2026.
Franchising supplied 90.6% of restaurant margin dollars
Franchised 90.6%
$3.713bnFranchised restaurant margin
$0.387bnCompany-operated restaurant margin
Share calculated from disclosed margin dollars for the quarter ended June 30. Source: McDonald’s Form 10-Q, filed August 7, 2026.
EarningsNYSE:NU
Nu Dips 3.9% After Bad-Loan Rate Hits 6.9%, Profit Holds at $1.1 Billion
Shares of Nu Holdings declined 3.9% to $14.30 on Friday. The fall comes as the company posts record quarterly profit alongside a 6.9% late-stage…
NYSE:NU · Digital banking
Profit scales. Credit risk follows.
A compact view of Nu Holdings after Friday's 3.9% decline. Market figures carry exact timestamps; operating figures are for the quarter ended June 30, 2026.
Updated August 31, 2026 · 18:01 BRT / 17:01 EDT
Latest verified price
$14.51
+1.47% · Aug 31, 13:40:47 EDT
Friday close
$14.30
-3.90% · Aug 28, 16:00:02 EDT
Market value
$70.1B
Intraday · Aug 31, 13:40 EDT
Trailing P/E
19.9×
Yahoo Finance · Aug 31 quote
Price path around Q2 results
*August 31 point is the latest verified intraday quote at 13:40 EDT, not the official close.
Trading attention
Friday volume
79.1M
vs. 77.2M three-month average
Volume ran about 2.5% above average. Monday volume reached 59.8 million shares by 13:40 EDT.
The stock is 24.7% below its $18.98 52-week high, yet remains 27.7% above its $11.20 low.
Operating scale
| Metric | Q2 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|
| Customers | 122.7M | 135.2M | 138.9M |
| Monthly ARPAC | $12.50 | $15.90 | $17.10 |
| Revenue | $3.77B | $5.32B | $5.88B |
| Net income | $637M | $871M | $1.06B |
Revenue is Nu's managerial measure. Company growth rates are FX-neutral where stated.
Risk versus return
| Metric | Q2 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|
| 15–90 day NPL | 4.5% | 5.0% | 4.8% |
| 90+ day NPL | 6.5% | 6.5% | 6.9% |
| Risk-adjusted NIM | 9.9% | 9.5% | 12.4% |
| ROE | 28% | 29% | 33% |
| Efficiency ratio | 21.3% | 17.6% | 19.5% |
Analyst target ladder
| Firm | View | Target | Latest date |
|---|---|---|---|
| Wolfe Research | Buy | $17.00 | Aug 25 |
| UBS | Buy | $18.20 | Aug 20 |
| Morgan Stanley | Buy | $21.00 | Aug 17 |
| Susquehanna | Hold | $16.00 | Aug 14 |
| Bank of America | Sell | $10.00 | Aug 13 |
Balance-sheet bridge
Deposits
$45.3B
+18% year on year, FX-neutral
Credit portfolio
$39.4B
+37% year on year, FX-neutral
Funding exceeded the credit portfolio by $5.9 billion at June 30.
What can move the shares next
Late-stage creditThe 90+ day NPL ratio rose to 6.9%. A further climb could offset stronger loan yields.
International executionMexico reached 15.8 million customers in June. Funding mix and operating costs now matter more.
November 12 resultsWatch risk-adjusted margin, credit costs and efficiency. Their mix will test the 33% ROE.
Sources: Yahoo Finance quote and history; Nu Q2 2026 SEC filing; Nu official results; S&P Global analyst data via StockAnalysis. Market figures are informational and may be delayed.
ETFsNYSEARCA:SCHD
SCHD’s 29% Rally Compresses Yield to 3.12% as Valuation Discount Holds
The Schwab U.S. Dividend Equity ETF finished 0.03% lower at $34.89 on Monday. Its displayed year-to-date total return was 29.07% through August 27. The…
SCHD investor dashboard
Yield compression meets a persistent valuation discount
Updated Aug. 31, 2026 · 16:30 EDT
Regular close
$34.89
−0.03% · 16:00 EDT
YTD total return
29.07%
Through Aug. 27
30-day SEC yield
3.12%
As of Aug. 24
Portfolio P/E
18.69×
As of July 31
Price path: previous week through Monday
Close: $35.21 → $34.89Period change: −0.91%52-week high: $35.31
Income and valuation peers
| ETF | SEC yield | Fee | P/E |
|---|---|---|---|
| SCHD | 3.12% | 0.06% | 18.69× |
| VYM | 2.22% | 0.04% | n/a |
| DGRO | 1.97% | 0.08% | 24.48× |
SCHD yield premium: +90 bp vs VYM+115 bp vs DGRO
Sector concentration
Portfolio weights as of June 30.
Analyst recommendations inside the ETF
Aggregate
Moderate Buy
2.54 score
Coverage
79.1%
25 holdings
Rating count
611
Past year
| Top holding | Score | Target upside |
|---|---|---|
| Abbott | 2.96 | +8.4% |
| Amgen | 2.39 | −11.6% |
| Merck | 2.65 | −0.1% |
| Coca-Cola | 2.83 | +7.5% |
| Home Depot | 2.53 | +14.3% |
Holdings-weighted MarketBeat data, updated Aug. 31.
Next verified catalysts
JOLTS job openingsSept. 1 · 10:00 EDTRate expectations and equity-income competition
Productivity and costsSept. 3 · 08:30 EDTWage pressure and margin signal
August employment reportSept. 4 · 08:30 EDTPrimary weekly rates catalyst
CommoditiesEnergy
Oil Prices Jump After U.S. Strike; Stocks Slip as Energy Outperforms Broader Market
NEW YORK, August 31, 2026, 15:00 EDT — U.S. equities traded lower late on Monday as oil prices climbed following a U.S. strike on…
U.S. EQUITY DASHBOARD
Oil Surge Pulls Stocks Lower as Energy Defies Broad Selloff
Session snapshot and preceding 60 minutes · August 31, 2026 · 15:00 EDT
S&P 500 proxy
-0.44%
Last hour -0.04%Small caps
-0.84%
Weakest major proxyEnergy
+1.43%
Only clear leaderBreadth
2.18:1
Decliners / advancersIndex tape
| Proxy | Session | Last hour |
|---|---|---|
| SPY | -0.44% | -0.04% |
| QQQ | -0.24% | -0.03% |
| DIA | -0.59% | -0.01% |
| IWM | -0.84% | Flat |
Cross-asset catalyst
| Indicator | Reading |
|---|---|
| WTI crude | $85.51 · +2.5% |
| Brent crude | $90.34 · +2.5% |
| S&P breadth | 158 up / 345 down |
| Main catalyst | U.S. strike near Hormuz |
Leaders
TSLA +4.96% · XOM +2.04% · CVX +1.53%
Laggards
EIX -23.22% · PCG -18.83% · AMZN -2.88%
Investor bridge
A persistent oil shock raises inflation and margin pressure, potentially reducing the Fed’s flexibility. Energy benefits, but broader equity multiples face a discount-rate headwind.
Watch: Hormuz headlines · SPY near $766 · energy relative strength · late breadth · August labor data.
Electric VehiclesNASDAQ:RIVN
Rivian Shares Slip 4.4% After $1.19 Billion Cash Burn Leaves Stock Near Post-Offering Level
Rivian Automotive declined 4.35% on Friday to close at $16.07. Ahead of the market open, shares were at $15.96 as of 09:00 EDT, shedding…
NASDAQ: RIVN · Stock move
Rivian’s R2 cash test
Revenue growth and positive consolidated gross profit meet heavier working-capital use.
Market snapshot: August 31, 2026, 09:00 EDT
Financials: quarter and six months ended June 30, 2026
Financials: quarter and six months ended June 30, 2026
Premarket price
$15.96
−0.68%
3.0% above $15.50 offering
Friday move
−4.35%
$16.07 close · Aug. 28, 16:00 EDT
40.92M shares
Q2 revenue
$1.66B
+27.2% year on year
12,194 deliveries
H1 operating cash use
$1.19B
Versus $124M one year earlier
R2 inventory build
Operating progress: growth returned, cash conversion did not
RevenueProfitLoss
What supports the gross profit
Automotive
−$36M
Q2 2026 gross loss
Software & services
+$215M
Q2 2026 gross profit
The consolidated $179 million profit still depends on software and services.
Q2 operating scorecard
| Measure | Q2 2025 | Q2 2026 | Change |
|---|---|---|---|
| Production | 5,979 | 12,613 | +111% |
| Deliveries | 10,661 | 12,194 | +14% |
| Automotive revenue | $927M | $1.143B | +23% |
| Software revenue | $376M | $515M | +37% |
| Net loss | −$1.115B | −$837M | Improved $278M |
Liquidity and funding bridge
| Measure | Value | Context |
|---|---|---|
| June 30 liquidity | $5.846B | −$742M from December |
| H1 capital spending | $734M | Normal plant and platforms |
| July equity raise | ≈$1.3B | 86.25M shares at $15.50 |
| April VW funding | $1.0B | ≈63M shares at $15.90 |
| R2 ramp cost | ≈$100M | Incremental Q2 cost |
Valuation and positioning
| Market value | $23.27B |
| 52-week range | $12.39–$22.69 |
| Average analyst target | $19.23 |
| Target range | $13–$25 |
| Implied upside to average | 20.5% |
Analyst mix · 26 tracked
12 buy · 8 hold · 5 sell · neutral consensus
Short interest · August 14, 2026
16.38% of public float
High short interest and above-average volume can magnify R2 news.
Investor lens
Watch first: automotive gross profit per vehicle as R2 volume rises.
Cash test: inventory and deferred-revenue swings must normalize.
Valuation test: $15.50 is the fresh financing anchor.
Risk: launch quality, warranty costs, demand and tariffs can delay margin gains.
CryptocurrencyNASDAQ:MARA
MARA Shares Drop 10.1%, Wiping Out $464 Million as Bitcoin Dips Below $80,000
MARA Holdings, Inc. dropped 10.11% on Friday after Bitcoin dipped under $80,000. The fall wiped around $464 million from the company's market capitalization.
MARA • investor dashboard
Bitcoin sensitivity meets AI capex
NASDAQ: MARA • Stock-move dashboard
Market data: August 28, 2026 close, 16:00 ET
Bitcoin reference: August 28, 2026, 16:00 ET
Fundamentals: quarter ended June 30, 2026
Bitcoin reference: August 28, 2026, 16:00 ET
Fundamentals: quarter ended June 30, 2026
Friday close
$10.67
-$1.20 • -10.11%
Equity value erased
≈$464M
Estimated from market cap and price change
Trading volume
41.86M
89.5% of 46.79M average
Market cap
$4.12B
≈1.45× marked Bitcoin value
Market value versus Bitcoin treasury
Residual includes cash, mining and power assets, AI optionality and liabilities; it is not a clean premium.
Price range and analyst targets
WSJ research range; $18 average target. Targets are not guarantees.
Quarterly operating snapshot
| Metric | Q2 2026 | YoY |
|---|---|---|
| Revenue | $174.9M | -27% |
| Net income | -$611.3M | vs. +$808.2M |
| Adjusted EBITDA | -$360.9M | vs. +$1.25B |
| Bitcoin produced | 2,422 | +3% |
| Energized hash rate | 70.3 EH/s | +22% |
Capital bridge
Bitcoin funds the pivot. MARA sold 2,213 BTC during Q2 and pledged 18,750 BTC after quarter-end. The strategy protects upside exposure, but raises collateral and liquidity sensitivity when Bitcoin falls.
Long Ridge: 505 MWDeal value: $1.5B incl. debtExpected annualized adj. earnings: $144MStarwood: ~1 GW near termPathway: >2.5 GW
What matters next
| Bitcoin | Stabilization above $80,000 would support treasury value and mining revenue. |
| AI leasing | Signed tenants would turn power capacity into contracted cash flow. |
| Long Ridge | Closing, financing and realized earnings determine deal accretion. |
| Collateral | Lower Bitcoin raises borrowing and liquidity risk. |
Sources: Yahoo Finance market data; MARA Q2 2026 results and corporate announcements; The Wall Street Journal analyst research. Calculations use MARA's August 28 close and Bitcoin at $79,741. Figures are rounded. Not investment advice.
AirlinesEarnings
American Airlines Shares Drop 0.6% After $2.2 Billion Fuel Costs Narrow Margin to 0.4%
Shares of American Airlines Group Inc. dropped 0.6% on Friday, with investors considering record revenue versus a sharp decline in profit due to higher…
American Airlines investor dashboard
Market data: August 28, 2026, 16:00 ET • Fundamentals: Q2 2026 • Prepared August 31, 2026, 04:07 ET
Close
$13.64
−0.58%
Volume
63.5m
shares
Q2 revenue
$16.7bn
+16.3% YoY
GAAP margin
0.4%
$71m profit
| Financial signal | Current | Context |
|---|---|---|
| Adjusted EPS | $0.15 | Consensus cited: $0.03 |
| Fuel cost increase | >$2.2bn | Nearly half offset by demand |
| FY adjusted EPS guide | −$0.65 to +$0.65 | Midpoint: $0.00 |
| Q3 capacity growth | 3%–5% | Reduced operating cushion |
| Analyst target | $18.50 average | $10–$25 range |
Margin conversion
Only 0.4 cents of each revenue dollar reached GAAP net income. The 2025 comparison was roughly 4.2 cents.
Investor focus: record demand matters only if pricing, premium mix and capacity discipline can absorb volatile jet fuel. Risks: oil, fares, operations, leverage and demand elasticity.
EarningsNASDAQ:INTC
Intel Shares Drop 2.9%, Remain 5.8% Under $95 Offering as Company Delivers 25% Revenue Gain
Intel Corporation fell 2.85% on Friday, erasing about $13.9 billion in market capitalization. The stock ended the session at $89.47, with trading volume at…
Intel Corporation · NASDAQ: INTC
Recovery meets a $20 billion capital test
Market data: Aug. 28, 2026, 16:00 EDT
Updated: Aug. 30, 2026, 19:36 EDT
Updated: Aug. 30, 2026, 19:36 EDT
Friday close
$89.47
−2.85% · −$2.62
Market value erased
$13.9B
Estimated from Friday's move
Volume
86.1M
0.74× three-month average
Consensus target
$107.46
+20.1% implied upside · Hold
$95 offering price versus Friday close
INTC closed 5.8% below the offering price. Net proceeds were about $19.7B.
Quarterly operating recovery
| Metric | Q2 2026 | YoY |
|---|---|---|
| Revenue | $16.1B | +25% |
| Data Center & AI | $6.3B | +59% |
| Client computing | $8.9B | +13% |
| Foundry* | $5.8B | +31% |
*Includes intersegment transactions.
Margins and cash
| GAAP gross margin | 40.4% |
| GAAP operating margin | 11.1% |
| Operating cash flow | $7.0B |
| GAAP net loss | −$11.0B |
Capital raise
| Base shares issued | 210.5M |
| Estimated dilution | ≈4.0% |
| Underwriter option | 31.6M |
| Net proceeds | ≈$19.7B |
Investor bridge
Friday's rate-driven technology selloff erased about $13.9 billion and left Intel below its financing price. The operating rebound is substantial: revenue grew 25%, data-center sales rose 59% and operating margin turned positive. The next rerating depends on converting roughly $19.7 billion of new capital into durable foundry utilization, margins and free cash flow without further dilution.
Sources: Intel Q2 2026 results; Intel common-stock offering release; Yahoo Finance market data; MarketBeat analyst consensus. Figures may be rounded. This dashboard is informational, not investment advice.
NYSE:PCGStock Market
PG&E Shares Drop 7.5%, Wiping Out $3 Billion After Delay to California Wildfire Shield
OAKLAND, California, August 30, 2026, 19:08 — PG&E stock declined 7.5%, with about $3 billion in market value lost, after progress on a California…
NYSE: PCG · policy-risk repricing
PG&E wildfire-liability dashboard
Market data: Aug. 28, 2026, 16:00 EDT
Prepared Aug. 30, 2026, 19:08 EDT
Prepared Aug. 30, 2026, 19:08 EDT
Friday close
$16.60
−7.52% · −$1.35
Equity value erased
≈$3.0B
Current market cap $36.56B
Share volume
114.4M
5.1× three-month average
2026 guide multiple
≈10.1×
$1.64–$1.66 core EPS
Operating momentum versus policy discount
Q2 core EPS $0.40
Q2 core EPS, prior year $0.31
First-half core EPS $0.83
Non-fuel O&M target −2% to −4%
Analyst target upside
+33.7%
$22.20 average target; ten analysts
The target gap is meaningful, but it depends on wildfire and financing risks declining—not only on delivering guided EPS.
Catalyst timeline
Aug. 28California lawmakers block the governor's wildfire-liability proposal.
Aug. 28 closePCG falls 7.52% on 114.4 million shares.
Aug. 31Legislative deadline focuses attention on any revised compromise.
Next earningsExecution against $1.64–$1.66 core EPS guidance remains the operating test.
Investor scorecard
| Signal | Reading | Interpretation |
|---|---|---|
| Valuation | ≈10.1× guided core EPS | Low multiple reflects liability and capital risk. |
| Earnings | Q2 core EPS +29% year over year | Utility operations are improving. |
| Liquidity access | $4.4B utility debt financing in H1 | Funding is available, but leverage raises sensitivity. |
| Policy | Liability proposal rejected | Near-term rerating path weakened. |
| Trading | 5.1× average volume | Policy news triggered a broad repricing. |
Investor bridge
Friday's legislative setback erased about $3.0 billion, even as quarterly core EPS rose 29%. The stock's roughly 10× guided-earnings multiple can expand only if California reduces the tail risk attached to wildfire claims and future financing.
Bull case: EPS deliveryBull case: revised liability reformBear case: adverse fire claimsBear case: higher capital costs
Sources
PG&E Q2 2026 · Yahoo Finance market data · CalMatters · KCRA · California Wildfire Fund · MarketBeat analyst consensus. Calculations use published figures; rounding may cause differences.
NASDAQ:DKNGStock Market
DraftKings Faces $67.6 Million Loss on $13.1 Billion U.S. Open Betting Volume
BOSTON, August 30, 2026, 18:58 — DraftKings reported a $67.6 million loss after handling $13.1 billion in wagers during the U.S. Open, highlighting the…
DraftKings investor dashboard
U.S. Open attention versus monetization
Market data: Aug. 28, 2026, 20:15 EDT
Odds and event context: Aug. 30, 2026, 18:58 EDT
Odds and event context: Aug. 30, 2026, 18:58 EDT
DKNG last trade$25.26▲ 4.2% Friday
Sports volume, Q2$13.1B▲ 15% year over year
Revenue, Q2$1.443B▼ 5% year over year
Consensus target$34.9838.5% implied upside
Growth reached the app; monetization did not
U.S. Open men's headline odds
| Player | Odds | Implied* |
|---|---|---|
| Carlos Alcaraz | +175 | 36.4% |
| Alexander Zverev | +300 | 25.0% |
| Novak Djokovic | +800 | 11.1% |
*Unadjusted implied probability. Quotes reported Aug. 30; prices move with betting and news.
What matters: A two-week event can lift visits and handle. Hold, favorite outcomes and promotional cost decide how much becomes revenue.
Quarterly earnings bridge
| Metric | Q2 2026 | Q2 2025 |
|---|---|---|
| Revenue | $1.443B | $1.513B |
| Adjusted EBITDA | $114.6M | $300.6M |
| Attributable net income | -$67.6M | $157.9M |
| Monthly unique payers | 3.6M | ≈3.3M |
| ARPMUP | $132 | $151 |
2026 guide and market signals
| Revenue guide | $6.5B–$6.9B |
| Adjusted EBITDA guide | $700M–$900M |
| Market capitalization | $22.47B |
| Friday share volume | 19.9M |
| Analyst consensus | Buy / 36 analysts |
Investor bridge: Q2 sports volume rose $1.7 billion, yet revenue fell $69 million and adjusted EBITDA fell $186 million. U.S. Open traffic helps only if DraftKings restores revenue per payer without paying too heavily for engagement.
Interest RatesNYSE:BAC
Bank of America Shares Gain 1.9% as Rate Speculation Highlights $16 Billion Net Interest Income
CHARLOTTE, North Carolina, August 30, 2026, 16:48 — Bank of America shares increased 1.9% after rising expectations about interest rates put focus on its…
NYSE: BAC · Investor dashboard
Bank of America: rates restore the margin trade
Market data: Aug. 28, 2026 close, EDT
Financials: Q2 2026
Financials: Q2 2026
Close
$62.32
+1.88% Friday
Volume
33.52M
1.12× recent average
Trailing P/E
14.5×
EPS: $4.31
Price / book
1.58×
Book value: $39.34
Relative move
Quarter snapshot
Operating scorecard
| Metric | Reading | Why it matters |
|---|---|---|
| Net interest income | $16.0B, +9% YoY | Primary beneficiary of a higher-rate path |
| ROTCE | 17.0% | Strong return on tangible equity |
| Average deposits | $2.02T | Scale of funding base |
| Average loans | $1.22T | Asset base monetizing the rate curve |
| CET1 ratio | 11.2% | Capital buffer for growth and buybacks |
| Dividend yield | 2.05% | Income support at the Aug. 28 close |
Investor bridge
Friday's rally added about $8 billion of market value. The core question is whether a hawkish Fed can extend 9% net-interest-income growth without weakening credit and loan demand.
Risks and next catalyst
Higher funding costs, bond marks and consumer defaults can offset asset-yield gains. Third-quarter results are scheduled for October 14, 2026.
Sources: Bank of America Q2 2026 investor materials; Google Finance market data; Reuters market and legal reporting. Figures are historical and not investment advice.
Artificial IntelligenceNASDAQ:MARA
Marathon Digital (MARA) Sheds 10.1% After $611 Million Loss Underlines Struggle to Shift to AI
HALLANDALE BEACH, Florida, August 30, 2026, 15:10 EDT – Shares in Marathon Digital Holdings dropped 10.1%, erasing $458 million in market value, after the…
MARA · Nasdaq · Stock move
Bitcoin beta meets an infrastructure funding test
Market: Aug. 28, 2026, 16:00 EDT
Financials: Q2 ended June 30, 2026
Financials: Q2 ended June 30, 2026
Friday close$10.67-10.11%
Equity value erased~$458Msession estimate
Volume41.93M90% of 65-day average
Q2 revenue$174.9M-26.7% YoY
Q2 net loss$611.3MBitcoin markdown included
Operating scale rose; financial output fell
Higher compute output did not offset weaker Bitcoin economics and fair-value volatility.
Balance-sheet sensitivity
| Cash + Bitcoin | $2.5B |
| Pledged / loaned | 26% |
| Current market cap | $4.07B |
| Gross liquid-assets / cap | 61% |
Gross holdings are not net asset value; collateral, debt, taxes and operating needs matter.
Long Ridge pivot
| Item | Value |
|---|---|
| Purchase price | $1.5B |
| Assumed debt | $785M |
| Annualized adjusted earnings | ~$144M |
| Purchase / earnings | ~10.4× |
Analyst expectations
| Consensus | Overweight |
| Average target | $18.00 |
| Implied upside | 68.7% |
| Target range | $6–$30 |
| FY2026 EPS estimate | -$4.56 |
Investor bridge: Friday's fall removed about $458 million of equity value. The $2.5 billion cash-and-Bitcoin pool supports optionality, but 26% is pledged. Long Ridge must turn power assets into contracted, recurring infrastructure cash flow before MARA earns a steadier valuation.
NYSE:NOKStock Market
Nokia Shares Drop 3.6%, Wiping Out $2.2 Billion as Rate Concerns Pressure 26x Earnings Multiple
Nokia Oyj dropped 3.59% on Friday, erasing around $2.2 billion from its market capitalization. The stock ended the session at $10.21, breaking a run…
NOKIA OYJ · NYSE: NOK
Valuation meets estimate risk
Friday's selloff tested a recovery multiple that still requires faster profit growth.
Market data: Aug. 28, 2026, 16:00 EDT
Prepared: Aug. 30, 2026, 12:36 EDT
Prepared: Aug. 30, 2026, 12:36 EDT
Close
$10.21
−3.59%
Equity value lost
≈$2.2B
Derived from closing market cap
Volume
59.86M
62% of 65-day average
2026 P/E
26.2x
$0.39 consensus EPS
Five-session close
Weekly change: +2.51%. Friday ended a three-day advance.
Analyst map
| View | Count | Share |
|---|---|---|
| Buy / Overweight | 19 | |
| Hold | 6 | |
| Underweight / Sell | 6 |
Consensus: Overweight. Average target $12.85; median $13.25. Source: WSJ, accessed Aug. 30, 2026.
Earnings and valuation
| Period | EPS estimate | Price / EPS |
|---|---|---|
| Q3 2026 | $0.07 | Estimate cut 22% in 3 months |
| FY 2026 | $0.39 | 26.2x |
| FY 2027 | $0.47 | 21.7x |
Next scheduled report: Oct. 22, 2026.
Positioning
| Horizon | Return |
|---|---|
| 5 days | +2.51% |
| 1 month | +9.08% |
| 3 months | −37.17% |
| Year to date | +57.81% |
| 1 year | +137.44% |
52-week range: $4.23–$17.45.
What moves the next leg
Rates
Higher Treasury yields can compress a 26.2x forward multiple.
Higher Treasury yields can compress a 26.2x forward multiple.
Estimates
Q3 EPS expectations already fell from $0.09 to $0.07.
Q3 EPS expectations already fell from $0.09 to $0.07.
Execution
The stock needs network demand to convert into the forecast profit recovery.
The stock needs network demand to convert into the forecast profit recovery.