Stock Market
Canadian Tire–Tim Hortons Loyalty Link Tests Spending Lift Across 13.6 Million Members
Canadian Tire and Tim Hortons launched their linked loyalty programs on Wednesday. Members can earn Canadian Tire Money and Tims points on the same…
Market intelligence
Mateusz Kaczmarek
All coverage
Mateusz Kaczmarek
The partnership is mostly an engagement test
Approximate unique loyalty membership, derived from company totals and the reported 53% overlap
5.64mTriangle only
6.36mIn both programs
1.64mTims only
12.0mTriangle members
8.0mTims Rewards users
13.64mEstimated combined unique base
Source: The Canadian Press, September 2, 2026. Totals are approximate; segment values are calculated estimates.
The loyalty link starts from different growth baselines
Reported Q2 2026 changes; bars share a 0% to 11% scale but represent separately labelled company metrics
Canadian Tire
Loyalty sales+3.1%
Comparable sales+0.7%
Normalized EPS+10.4%
Tim Hortons segment
Canada comparable sales+0.1%
System-wide sales+0.4%
Net restaurant growth+1.1%
Sources: Canadian Tire Q2 2026 and RBI Q2 2026. Company-defined metrics are not directly interchangeable.
Both listed parents were higher in Wednesday trade
Quotes captured through ; individual quote times shown
Source: Google Finance, CTC.A:TSE and Google Finance, QSR:TSE. Delayed quote times differ; this is not a live feed.
BlockchainCryptocurrency
Bitcoin Remains at $77,400 as $236 Million ETF Outflow Challenges Spot Rally
Bitcoin hovered close to $77,400 on Wednesday following an ETF outflow of $236.5 million. The decline put pressure on a rally largely fueled by…
Bitcoin recovered from the morning low
BTC-USD hourly closes, Eastern time
$77,417 spot
Source: Coinbase Exchange candles. The value callout uses the 12:30 spot quote; plotted points use hourly closes through 12:00 EDT.
U.S. spot-bitcoin ETF demand reversed twice
Daily net flow, $ millions
Aug. 28−$201.9m
Aug. 31+$216.7m
Sep. 1−$236.5m
Source: Farside Investors, retrieved September 2, 2026, 12:30 EDT. Bar length shows absolute flow magnitude.
Bitcoin limited the 24-hour decline
Change from the 12:00 EDT hourly close on September 1 to September 2
Bitcoin−0.2%
Ether−1.4%
Solana−1.4%
Source: Coinbase Exchange, September 2, 2026, 12:30 EDT. Bar length shows loss magnitude, capped at 1.4%.
Artificial IntelligenceNASDAQ:NVDA
Nvidia stock rises 4% as $3.5 billion MediaTek deal expands AI influence
SANTA CLARA, California, September 2, 2026, 11:35 EDT — Nvidia's stock advanced 4.01% to $226.17 as of 11:34:36 EDT, with regular session trading volume…
Nvidia intraday: steady climb after the open
Regular-session price in U.S. dollars. As of .
Source: Yahoo Finance five-minute regular-session data. Values are a fixed snapshot, not a live feed.
The earnings engine behind the share move
Fiscal Q2 revenue$96.2B+106% year over year
Data Center revenue$89.0B92.5% of total revenue
GAAP diluted EPS$2.46+128% year over year
Fiscal Q3 revenue midpoint$108.0B+12.2% sequentially
Source: Nvidia fiscal Q2 2027 results, issued August 26, 2026. Percentages may reflect rounding.
The MediaTek bet in Nvidia’s capital stack
Billions of U.S. dollars; bars share a common scale.
Sources: Nvidia–MediaTek announcement and Nvidia fiscal Q2 results.
Artificial IntelligenceNASDAQ:SPCX
SpaceX Shares Fall 1.9% Amid AI Investment Concerns at $1.84 Trillion Valuation
STARBASE, Texas, September 2, 2026, 08:55 CDT — SpaceX stock declined 1.9%, with investors weighing the company's rising AI-related expenditures against its $1.84 trillion…
SPCX regular-session path
$139.53 · −1.90%
Source: Yahoo Finance. Delayed exchange data; not a live stream.
Analyst stance remains bullish, but the range is wide
Ratings issued during the past three months; target figures in U.S. dollars
Buy 24 · 72.7%Hold 6 · 18.2%Sell 3 · 9.1%
$139.53Current price
$228.59Average target · +63.8%
$280Oppenheimer · +100.7%
$75–$800Published range
Sources: Google Finance analyst snapshot and Oppenheimer update, accessed September 2, 2026.
One company, three different earnings profiles
Three months ended June 30, 2026; revenue bars scaled to the largest segment
Space
Revenue$962m · +29.0%
Operating result−$542m
Connectivity
Revenue$4.291bn · +65.8%
Operating result+$1.656bn
AI
Revenue$2.561bn · +247.5%
Operating result−$1.257bn
Source: SpaceX Form 10-Q. Operating results are calculated from reported segment revenue and expenses.
CommoditiesNASDAQ:GTLB
S&P Futures Rise as Oil Drops Under $90 Ahead of ADP Report
U.S. stock-index futures bounced back by 08:00 EDT on Wednesday, helped by WTI crude dropping under $90. The move lowered some inflation pressure ahead…
Futures recovered across the 07:00–08:00 EDT hour
Percentage change from 04:00 EDT and during the immediately preceding 60 minutes
●04:00–08:00 session●07:00–08:00 hour
As of . Source: Yahoo Finance delayed CME feed; TS2 calculations. Contract levels: ES 7,646.25; NQ 29,080.25; YM 52,955; RTY 2,929.20.
Crude erased more than 3% from overnight highs
The retreat removed part of the morning's inflation impulse
WTI October
High $92.29$89.08
−$3.21 · −3.48%
Brent
High $97.01$93.64
−$3.37 · −3.47%
Levels at 08:00 EDT; session highs through that time. Source: Yahoo Finance delayed futures feed; TS2 calculations.
Premarket breadth still leaned negative
Qualified movers in the screen nearest 08:00 EDT
51gainers · 45.5%
61losers · 54.5%
GainersLosers
Source: StockAnalysis gainers and losers; percentages calculated from 112 qualifying securities.
Post-earnings moves dwarfed the index change
Premarket price change; displayed volume from the screen nearest 08:00 EDT
GitLab (NASDAQ:GTLB)+20.9%
Dell (NYSE:DELL)+7.8%
MongoDB (NASDAQ:MDB)−12.5%
Credo (NASDAQ:CRDO)−10.2%
Source: StockAnalysis. Bars show absolute move magnitude relative to GitLab.
EarningsNASDAQ:CRDO
Credo Shares Drop 8.8% Premarket as Margin Outlook Blunts 115% Sales Growth
Credo Technology Group Holding Ltd. shares fell 8.8% before Wednesday’s open. Record sales failed to offset concern about the company’s margin path.
Credo’s two-session price reset
USD per share. Source: Yahoo Finance; premarket quotes can change before the open.
Quarterly revenue has more than doubled
Revenue in millions of dollars; fiscal Q2 uses the $530 million guidance midpoint.
Q1 FY2026$223.1m
Q4 FY2026$437.0m
Q1 FY2027$479.0m
Q2 FY2027 guide$530.0m
Source: Credo’s September 1 earnings release. Guidance is preliminary.
GAAP gross margin bends lower
Percent of revenue. The fiscal Q2 figure is the midpoint of 62.9%–64.9% guidance.
Q1 FY202667.4%
Q4 FY202668.2%
Q1 FY202764.5%
Q2 FY2027 guide63.9%
Source: Credo’s SEC-filed results and outlook.
Four customers generated 84% of revenue
Fiscal Q1 revenue share by end customer.
33%28%13%10%16%
Largest: 33%Second: 28%Third: 13%Fourth: 10%Others: 16%
Source: CFO Dan Fleming on Credo’s September 1 earnings call.
GamingNYSE:SONY
Legal Scrutiny on Sony PlayStation Licence Highlights ¥485 Billion Digital Sales
Sony’s dispute about whether PlayStation buyers acquire games or licenses now impacts its top gaming revenue segment. Four consumers in California allege that the…
Sony ADR: close-to-premarket path
Selected observations in U.S. dollars; not a continuous intraday series.
As of . Source: Google Finance.
PlayStation quarterly sales mix
Game & Network Services sales: ¥937.1 billion, quarter ended June 30, 2026.
¥485.2bn · 51.8%Digital software and add-ons; direct purchase-language exposure
¥208.6bn · 22.3%Network services; PlayStation Plus and advertising
¥138.3bn · 14.8%Hardware
¥105.0bn · 11.2%Physical, other software and peripherals
Rounded figures may not sum exactly. Source: Sony FY2026 first-quarter supplemental information.
Digital-license case: confirmed checkpoints
Heycock et al. v. Sony Interactive Entertainment, case 3:26-cv-06016-VC.
Law takes effectAB 2426 adds license-disclosure rules.
Complaint filedFour California users seek class treatment.
Sony respondsMotion seeks arbitration or dismissal.
Hearing scheduled10:00 PDT before Judge Vince Chhabria.
Sources: California Legislature and federal court filing.
Electric VehiclesNASDAQ:TSLA
Tesla Stock Up 0.3% Premarket as Model Y L Suspension Reports Test China Demand
Tesla, Inc. shares rose 0.26% to $357 in premarket trading. Reports of rear-suspension sag on China-built Model Y L vehicles added a fresh service-risk…
TSLA: six closes and the latest premarket print
U.S. dollars per share. The final green point is premarket.
As of . Sources: ChartExchange and StockAnalysis. Delayed premarket data; not a live feed.
Model Y L: manufacturer load envelope
Curb mass2,088 kgVehicle without occupants or cargo
Maximum laden mass2,651 kgOfficial TPMLM
Implied payload563 kgDifference between the two limits
Rear axle maximum1,518 kgManufacturer specification
Curb mass equals 78.8% of maximum laden mass. These limits do not establish the cause or incidence of reported sagging. Source: Tesla owner’s manual, accessed September 2, 2026.
Shanghai output found overseas demand in July
China retail
−32.91% year on year
27,249
Exports
+143.24% year on year
66,330
Vehicles from Tesla’s Shanghai plant. Source: CnEVPost calculations using CPCA data, published August 12, 2026.
Wall Street recommendation split
22 positive16 Strong Buy, 6 Buy
19 Hold41.3% of the sample
5 negative2 Sell, 3 Strong Sell
Consensus target: $390.09; range: $125–$600. Source: S&P Global data via StockAnalysis, updated August 27, 2026.
NASDAQ:AXONStock Market
Axon Stock Drops 8.5%, Wiping Out Roughly $3.9 Billion as Yield Reaches 4.79%
Axon Enterprise dropped 8.52% to $518.30 on Tuesday, falling by $48.26 and wiping out approximately $3.9 billion from its value over 81.24 million shares.…
Axon sold off at the open, then stabilized
Selected 15-minute prices, U.S. dollars
As of . Source: Yahoo Finance market data. The dashed segment is after-hours trading.
Growth remains broad, cash conversion lags
Q2 revenue$904.4m+35.3% year on year
Annual recurring revenue$1.6bn+39% year on year
Adjusted EBITDA$242m26.8% margin
Free cash flow-$1mInventory absorbed cash
Quarter ended June 30, 2026. Source: Axon.
Analysts remain positive, but their targets predate the selloff
10 Buy
1 Hold
Low
$600 Average
$731.50 High
$830
$600 Average
$731.50 High
$830
Ratings from the past three months; price-target summary viewed September 1, 2026. Source: Google Finance.
Axon's decline dwarfed the broad market
Axon-8.52%
Nasdaq-1.03%
S&P 500-0.70%
September 1, 2026 close. Sources: Yahoo Finance market data and Associated Press.
EarningsNASDAQ:MDB
Dell Rises 6.5% as Futures Hold Steady; MongoDB Drops 13.7%
U.S. stock futures were little changed on Tuesday evening, as Dell Technologies Inc. and MongoDB Inc. delivered post-close surprises in opposite directions.
Index futures erased an early dip after reopening
Change from 18:00 EDT open, in basis points. The available evening interval was 52 minutes.
E-mini S&P 500E-mini Nasdaq-100
As of . Sources: Yahoo Finance ES futures and Yahoo Finance NQ futures.
Every major cash index closed lower
Regular-session change and closing level at 16:00 EDT.
Source: Associated Press. Percentages use published close and prior-close figures; as of September 1, 2026, 16:00 EDT.
Oil split the sector tape
Select Sector SPDR ETF proxies, regular-session change.
Energy (XLE)+1.3%
Utilities (XLU)+0.8%
Health care (XLV)+0.7%
Industrials (XLI)−1.4%
Technology (XLK)−1.5%
Consumer discretionary (XLY)−1.7%
As of September 1, 2026, 16:00 EDT. Sources: Yahoo Finance XLE and Yahoo Finance XLK; returns calculated from reported closes.
Post-close winners and losers kept moving in the latest hour
Extended-session return uses the 16:00 close. The second measure isolates 18:00–19:00 EDT.
Dell$452.70
Since close+6.52%
Latest hour−0.55%
MongoDB$374.86
Since close−13.67%
Latest hour−1.30%
As of . Sources: Yahoo Finance DELL and Yahoo Finance MDB.
EarningsNYSE:HPE
HPE Shares Climb 3.3% After Hours Before $11.8 Billion Earnings Report
HOUSTON, September 1, 2026, 17:26 CDT — Hewlett Packard Enterprise saw its stock advance 3.3% in after-hours trading as investors looked to the company’s…
HPE extended-hours price
$52.57 · +3.3%
Source: Yahoo Finance one-minute market data. Extended-hours prints can be thin and may change before the next open.
The third-quarter revenue hurdle
Company guidance versus the prior quarter; U.S. dollars
Q2 FY2026 actual$10.7B
Q3 FY2026 guidance$11.5B–$12.1B
Guidance midpoint growth+10.3%
$10.8BQ3 range$12.3B
Source: HPE fiscal second-quarter release, June 1, 2026. Midpoint growth calculated from reported figures.
Growth came with different margin signals
Fiscal Q2 FY2026 year-on-year revenue growth and operating margin
Networking$2.7B revenue
+148.2%21.6% margin
Cloud & AI$7.7B revenue
+22.9%12.4% margin
Source: HPE fiscal second-quarter release. Bar length compares reported growth rates, not segment size.
Analyst recommendations favor buyers
Sixteen ratings published during the past three months
Buy 62.5%Hold 37.5%
10Buy
6Hold
0Sell
Source: Google Finance analyst compilation, accessed September 1, 2026.
CommoditiesStock Market
VIX Rises 9.5% but Remains Close to 52-Week Low; Oil Risk Mounts
The Cboe Volatility Index rose 9.52% to 16.34 on Tuesday. Higher oil prices and climbing Treasury yields drove investors to seek short-term equity protection.
VIX closes: calm broke on Tuesday
As of
Aug 2515.45
Aug 2615.21
Aug 2714.51
Aug 2814.43
Aug 3114.92
Sep 116.34
Unit: index points. Sources: Cboe daily history and Cboe current market data.
The hedge moved far more than cash equities
September 1 change; bars share a 10% scale
13.4×VIX move divided by the absolute S&P 500 move
Index closes as of September 1, 2026; WTI at 17:45 EDT. Sources: Cboe and Google Finance.
A sharp daily jump, still near the yearly floor
Position within the trailing 52-week range
Above 52-week low2.96 pts
Through yearly span13.5%
Below 52-week high53.7%
As of September 1, 2026, 16:15 EDT. Unit: VIX index points. Source: Cboe.
EnergyNYSE:RIG
Transocean Rises 1.9% with $90 Oil Highlighting $6.7 Billion Backlog
Transocean Ltd. rose 1.9% on Tuesday, coinciding with oil prices surpassing $90. In comparison, the S&P 500 slipped 0.7%.
RIG's regular-session path
$5.92 +1.89%
Five-minute observations; USD per shareAs of · Source: Yahoo Finance
Offshore drillers moved together
September 1 regular-session change
- Borr+2.68%
- Valaris+1.93%
- Transocean+1.89%
- Noble+1.68%
The capital bridge
Backlog supports visibility; debt absorbs part of the cash benefit
Contract backlog$6.70BAs of August 5
Equity value$6.61BSeptember 1 close
Net debt$4.31BJune 30
Q2 free cash flow$212MCompany-defined non-GAAP measure
Investor read-through: backlog is about 1.01 times market value, while net debt equals about 65% of market value. Backlog is future revenue, not cash.
Sources: Transocean second-quarter release, Form 10-Q and Yahoo Finance. Financial position at June 30, 2026; backlog at August 5; market value at September 1, 16:00 EDT.
HKG:0625Stock Market
SHEIN Recovers from 10% Debut Slide, 6.6% of Shares Remain as Valuation Gauge
SHEIN Global Holdings finished its first trading session in Hong Kong nearly unchanged, after dropping as much as 10% during the day. The stock…
SHEIN’s first-day trading range
HK dollars ·
Source: ET Net, using HKEX market data. Midday figure: AAStocks.
Offer size versus available supply
HK$13.60bngross proceeds
HK$13.21bnnet proceeds
6.59%offer shares as a share of post-listing stock
22.1%offer allocated to cornerstone investors
Hong Kong book5.63×
International book2.59×
Source: SHEIN final offer price and allotment results, August 31, 2026.
Growth slowed as operating margin narrowed
Revenue growth is year on year; operating margin is reported for each period.
2023
Revenue growth41.1%
Operating margin4.3%
2024
Revenue growth20.7%
Operating margin2.5%
2025
Revenue growth8.0%
Operating margin4.1%
Q1 2026
Revenue growth1.1%
Operating margin2.9%
Source: SHEIN prospectus, IFRS results through March 31, 2026.
EarningsNASDAQ:AMZN
Dell rises 8.7% after earnings as tech stocks diverge post-selloff
Dell Technologies Inc. climbed 8.73% to reach $461.52 as of 17:02 EDT. Meanwhile, MongoDB Inc. shares declined 12.15% to $381.44.
Cash-session losses held through the first aftermarket hour
Sources: Nasdaq SPY, QQQ, DIA and IWM quote records. Values reflect the latest reported trades at 17:01 EDT.
Oil shock produced a sharp sector split
Selected S&P 500 sector ETF returns at the 16:00 EDT close; bar lengths show absolute move.
Energy · XLE+1.30%
Utilities · XLU+0.81%
Health care · XLV+0.66%
Industrials · XLI−1.37%
Technology · XLK−1.51%
Consumer discretionary · XLY−1.73%
Source: Nasdaq closing quotes for XLE, XLU, XLV, XLI, XLK and XLY, September 1, 2026.
Fresh results split the technology aftermarket
NYSE:DELLDell Technologies
$461.52+8.73%
Cash close: $424.47NASDAQ:MDBMongoDB
$381.44−12.15%
Cash close: $434.21NASDAQ:CRDOCredo Technology
$197.34−4.50%
Cash close: $206.63NASDAQ:PANWPalo Alto Networks
$363.53+0.40%
Cash close: $362.09Sources: Nasdaq after-hours quote records for DELL, MDB, CRDO and PANW. Latest trades were reported from 17:01 to 17:02 EDT.
BlockchainCryptocurrency
BitMine Drops 7.6% Following $1.16 Billion Loss and Ether Treasury Value Cut
Shares in BitMine Immersion Technologies, Inc. declined by 7.60% on Tuesday, cutting approximately $1.16 billion from its market capitalization.
BMNR regular-session path
Price in U.S. dollars; the dashed line marks Monday's $25.32 close.
As of . Source: Yahoo Finance market data. Intraday points are 30-minute observations.
Marked gross assets versus common equity
U.S. dollars; asset values are a reporting-time estimate, not net asset value.
Ether: $14.27BCash and securities: $0.54BMoonshots: $0.26BBitcoin: $0.02B
Sources: BitMine disclosure and Yahoo Finance. Crypto marks: September 1, 2026, 16:14 EDT.
Gross asset sensitivity to ether
Estimated asset pool using 5,901,112 ETH, 211 BTC and the other disclosed values.
Illustrative marks, not forecasts. BTC held at $77,335.94. Cash, marketable securities and company-stated investment marks held constant. Sources: BitMine and Yahoo Finance.