Electric VehiclesNYSE:F
Ford Stock Falls 1% as $4 Billion EV Loss Tests Cash-Flow Outlook
Ford stock fell 1.0% on Tuesday as investors weighed cheap earnings against a costly electric-vehicle reset. The shares traded at $13.80 on 21.95 million…
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Ford stock slides from the opening hour
NYSE price in dollars; previous close $13.94
As of . Five-minute observations; source: Yahoo Finance.
Commercial vehicles still carry Ford’s profit
Second-quarter 2026 segment EBIT, except Ford Credit pre-tax earnings; $ billions
Reported July 28, 2026. Source: Ford second-quarter results filed with the SEC.
Raised guidance still carries a large EV burden
Ford full-year 2026 outlook; company-adjusted measures
Adjusted EBIT$10.0–$11.0BRaised from $8.5–$10.5B
Adjusted free cash flow$6.0–$7.0BIncludes about $0.5B expected IEEPA cash recovery
Capital expenditure$9.5–$10.5BUnchanged range
Model e EBITAbout −$4.0BIncludes roughly $1B of incremental investment
Scale check: the planned Model e loss is about 62% of the adjusted free-cash-flow midpoint. This is a magnitude comparison, not an accounting bridge.
Guidance issued July 28, 2026. Source: Ford’s SEC-filed earnings release.
EarningsNASDAQ:PANW
Palo Alto Networks Shares Fall 6.4%, Wiping $20 Billion Ahead of Results
Palo Alto Networks dropped 6.42% to $357.61 on Tuesday. The price level was registered at 12:48:13 EDT, ahead of its fiscal fourth-quarter earnings report.…
PANW regular-session slide
Five-minute closes in U.S. dollars; dashed line marks Monday's $382.13 close.
As of Source: Yahoo Finance; TS2 calculations
The sequential Q4 hurdle
Q3 actual versus the midpoint of company Q4 guidance, in billions of dollars.
Revenue
Q3$3.002B
Q4$3.350B
+11.6% sequential
NGS ARR
Q3$8.130B
Q4$8.925B
+9.8% sequential
RPO
Q3$18.40B
Q4$20.95B
+13.9% sequential
Source: Palo Alto Networks Q3 release and Q4 guidance; midpoint calculations by TS2.
Wall Street remains bullish, but the cushion is thin
Ratings issued during the past three months and the 12-month target range.
37 Buy5 Hold0 Sell
Low target$210.00
Current$357.61
Average target$374.68
High target$475.00
Ratings and targets: Google Finance, displayed September 1, 2026; current price as of 12:48:13 EDT.
Earnings ReportsNASDAQ:SOFI
SoFi Stock Drops 4.2% as 29x Earnings Valuation Faces Slower Loan Expansion
Shares of SoFi Technologies, Inc. declined 4.2% to $17.129 on Tuesday. As of 12:35 EDT, trading volume totaled 22.3 million shares.
SoFi intraday price
Regular-session snapshots, U.S. dollars
Quarterly loan originations accelerated
Second quarter volume, $ billions
Funding advantage versus credit risk
$45.5BDeposits at June 30
156 bpDeposit-rate discount to warehouses
$712.6MAnnualized interest savings
3.7%Estimated all-in personal-loan net charge-off rate
Source: SoFi Q2 2026 results. Charge-off estimate includes recoveries and excludes late-stage delinquent-loan sales.
Interest RatesStock Market
Top One-Year CD Rate Beats U.S. Average by 2.64 Points
The best broadly available one-year certificate of deposit paid 4.35% on Tuesday. That was 2.64 percentage points above the FDIC’s latest national average.
September’s deposit-rate stack
Annual percentage yield or policy range, percent
Market high: 4.50% APY across selected longer termsOne-year leader: 4.35% APYFed target: 3.50%-3.75%FDIC 12-month average: 1.71%
As of . Sources: Fortune/Curinos, Bankrate, FDIC, Federal Reserve.
The average CD curve peaks at one year
FDIC national average APY by maturity
1 month · 0.22%3 months · 1.14%6 months · 1.41%1 year · 1.71%2 years · 1.57%3 years · 1.34%4 years · 1.27%5 years · 1.36%
Source: FDIC National Rates and Rate Caps, August 17, 2026.
One year, three cash outcomes
Interest on a $10,000 deposit, using stated APY
$171FDIC 12-month national average at 1.71%
$435Leading one-year offer at 4.35%
+$264Extra annual interest from shopping the spread
Arithmetic assumes a full one-year holding period. Rate sources: FDIC and Bankrate, September 1, 2026.
NASDAQ:SONOProduct Launches
Sonos Drops 1.5% as Ultra Debut Challenges Price Premiums Over 50%
SANTA BARBARA, California, September 1, 2026, 09:20 PDT — Sonos shares declined 1.5% on Tuesday, as the company's new Ultra speaker launch puts its…
Sonos reversed after the launch window
Regular-session five-minute closes, U.S. dollars
Last$15.36
Change−1.5%
Volume354,725
As of . Source: Yahoo Finance. Values are fixed reporting-time observations, not a live feed.
Ultra adds a 50%-plus price tier
U.S. prices; Beam compares launch prices, Ace compares current list prices
Soundbars
Beam Gen 2$449
Beam Ultra$699
+$250 | +55.7%
Headphones
Sonos Ace$299
Ace Ultra$449
+$150 | +50.2%
Sources: Sonos product announcement and What Hi-Fi. Percentages calculated from reported prices.
Hardware still carries the revenue base
Fiscal third quarter ended June 27, 2026; $375.3 million total revenue
Speakers | 76.0%$285.3m+12.5% year on year
System products | 18.5%$69.3m−5.4% year on year
Partner and other | 5.5%$20.7m+15.4% year on year
GAAP gross margin50.4%
Non-GAAP gross margin45.5%
Free cash flow$40.3m
Source: Sonos fiscal third-quarter release filed with the SEC. Growth and mix calculations use reported values.
NASDAQ:AAPLNASDAQ:NVDA
Apple surge narrows Nasdaq slide as market breadth remains thin
By midday, the Nasdaq Composite had narrowed its initial decline by over 50%. At 12:00 EDT, it was lower by 0.48% at 26,243.43. Shares…
Early selloff gives way to a partial recovery
Change from the previous close, in percent
- S&P 500: -0.34%
- Nasdaq: -0.48%
- Dow: -0.40%
As of . One-minute closes; first point is 09:30 EDT. Source: Yahoo Finance. Calculations by TS2.
Session loss versus the preceding 60 minutes
Nasdaq Composite
Session to noon-0.48%
11:00–12:00+0.24%
S&P 500
Session to noon-0.34%
11:00–12:00+0.11%
Dow
Session to noon-0.40%
11:00–12:00-0.01%
As of September 1, 2026, 12:00 EDT. Source: Yahoo Finance one-minute data. Calculations by TS2.
Oil and rates keep the discount-rate squeeze alive
Latest verified observations before noon. Source: Yahoo Finance; bond-market context: Associated Press.
Defensives lead; cyclicals and technology lag
Select Sector SPDR ETF change from the previous close
Staples XLP+0.94%
Health XLV+0.51%
Utilities XLU+0.44%
Energy XLE+0.36%
Real estate XLRE+0.16%
Communication XLC-0.01%
Financials XLF-0.36%
Materials XLB-0.84%
Technology XLK-1.02%
Discretionary XLY-1.17%
Industrials XLI-1.17%
As of September 1, 2026, 12:00 EDT. Source: Yahoo Finance intraday quotes. Calculations by TS2.
CommoditiesNYSEAMERICAN:BTG
B2Gold Shares Slip 2.9% While Gold Lags Planning Price by $580
B2Gold Corp. declined 2.92% to $5.32 by midday Tuesday, cutting roughly $211 million from the company's implied market capitalization. Gold futures fell 1.38% to…
B2Gold's regular-session path
NYSE American, U.S. dollars per share
As of . Five-minute observations; final point is the live noon quote. Source: Yahoo Finance.Gold miners moved together
Regular-session change; bar scale runs to 3.5%
IAG−3.20%
BTG−2.92%
AGI−2.65%
EQX−2.26%
KGC−1.91%
Gold−1.38%
FSM−0.70%
Fekola supplies nearly half the plan
Midpoint of B2Gold's updated 2026 production ranges: 870,000 ounces
Fekola 46.6%Masbate 21.8%Goose 21.3%10.3%
405 kozFekola midpoint
190 kozMasbate midpoint
185 kozGoose midpoint
90 kozOtjikoto midpoint
A $580 gold gap becomes a $505 million sensitivity
Simple unit spread using the $2,460 midpoint of 2026 AISC guidance
$5,000 planning price$2,540/ozless $2,460 AISC midpoint
→
$4,419.90 futures$1,959.90/ozless $2,460 AISC midpoint
≈ $504.7 million
$580.10 per ounce × 870,000-ounce production midpoint
Illustrative sensitivity, not a company forecast. It excludes realized-price timing, collars, royalties, taxes, working capital and capital spending. Futures as of September 1, 2026, 11:51 EDT. Guidance source: B2Gold; market source: Yahoo Finance.$580.10 per ounce × 870,000-ounce production midpoint
BiotechnologyNASDAQ:BIIB
Novartis ADRs Surge 6% Following Release of Remibrutinib Data Bolstering Patent-Expiry Strategy
Shares of Novartis AG ADRs climbed 6.0% on Tuesday, trading at $161.22 as of 11:44 EDT after peaking at $163.57. Trading volume hit 2.35…
Novartis ADRs held most of their opening gap
NYSE price, dollars; regular session through
Last$161.22
Change+6.0%
Day range$160.24–$163.57
Five-minute closes; last point uses the contemporaneous quote. Source: Yahoo Finance. Values are time-stamped, not streaming.
The share-price reaction centered on Novartis
Regular-session change at approximately 11:44 EDT
Novartis+6.0%
Sanofi+0.1%
Biogen−0.2%
Bar lengths show absolute move on a common 6.5% scale. Sources: NVS, SNY and BIIB quote pages.
The new indication must scale against a large patent gap
Novartis Q2 2026 product sales, USD millions
Kesimpta$1,424m+32% cc
Entresto$1,181m−51% cc
Rhapsido$64mearly launch
Bars share a $1.5 billion scale. “cc” means constant currencies. Source: Novartis Q2 2026 results.
Mergers and AcquisitionsStock Market
Keurig Dr Pepper’s $925 Million Chobani Deal Tops 2026 Note Maturities
Keurig Dr Pepper agreed to sell its Chobani stake and an Allentown plant. The two transactions provide $925 million before taxes and other costs.…
KDP intraday price
$32.01 +0.47%
How the $925 million package is built
2.07×$800m equity price divided by $387m carrying value
$413mSimple price-to-carrying-value difference before tax and adjustments
86.5%Equity stake’s share of gross transaction proceeds
Sale proceeds against KDP’s near-term cash yardsticks
$29.98bnGross borrowings at June 30
$1.52bnCash and cash equivalents
3.25%Gross proceeds as a share of net borrowings
Planned Pennsylvania operating footprint
$1.2bnFive-year Chobani investment
1.5m sq ftAllentown-area facility
900Full-time jobs over five years
3bn lbAnnual Pennsylvania milk at full scale
≈30%Share of current state milk output
4,000+Pennsylvania dairy farmers in the addressable supply base
PharmaceuticalsStock Market
Alumis Shares Plummet 59% After Lupus Study Failure Wipes Out $1.67 Billion
Shares of Alumis Inc. dropped 59.2% to $8.89 after the company reported its lupus trial failed to meet its main and secondary endpoints. As…
Alumis intraday price reset
Last price$8.89
Change−59.2%
Volume13.97m
Source: Yahoo Finance, Nasdaq real-time price and five-minute closes. Previous close: $21.81.
Overall Week 48 response rates
Percent of patients responding. The company declared the primary and secondary endpoints missed overall.
BICLA primary endpoint
Placebo35.7%
20 mg once daily40.0%
p=0.5018 vs placebo
20 mg twice daily42.2%
p=0.3455 vs placebo
40 mg twice daily41.0%
p=0.3740 vs placebo
SRI-4 secondary measure
Placebo40.4%
20 mg once daily60.9%
nominal p=0.0028
20 mg twice daily52.1%
nominal p=0.0909
40 mg twice daily52.7%
nominal p=0.0417
Source: Alumis September 1 SEC presentation. Company-reported imputed response rates and p-values.
The interferon biomarker split
BICLA response at Week 48. Percent responding in prespecified baseline subgroups.
IFNGS-high
Placebo28.6%
20 mg once daily40.7%
20 mg twice daily49.5%
40 mg twice daily52.6%
IFNGS-low
Placebo47.5%
20 mg once daily39.0%
20 mg twice daily30.0%
40 mg twice daily24.4%
High subgroup: high dose minus placebo+24.0 points
Low subgroup: high dose minus placebo−23.1 points
Source: Alumis September 1 SEC presentation. Subgroup analyses are not the overall primary result.
The scale of the valuation reset
USD millions. Equity values use $8.89, the $21.81 previous close and 129.435 million shares outstanding.
Implied value erased
$1,672m
Post-move market value
$1,151m
Cash + short-term investments
$502m
Erased value / cash3.3×
Market value / cash2.3×
Q2 operating cash use$81.5m
Sources: Yahoo Finance price at 11:32:55 EDT; Alumis Q2 Form 10-Q. Market values and Q2 cash use are calculated.
NASDAQ:ONDSStock Market
Ondas Dips 6.1% After Guidance Signals $244 Million Q4 Test
WEST PALM BEACH, Florida, September 1, 2026, 11:16 EDT — Ondas Holdings shares fell 6.1% after the company's latest forecast projected a $244 million…
Source: Yahoo Finance, Nasdaq real-time quote. As of . Values are timestamped, not streaming.
The revenue ramp steepens
Reported revenue and company guidance, $ millions
Q1 reported$50.1
Q2 reported$83.8
Q3 guidance$140–155
Q4 implied*$243.6–268.6
*Derived from the $525 million–$550 million full-year target using the $147.5 million Q3 midpoint. This is an analytical scenario, not company Q4 guidance. Source: Ondas Q2 results, August 13, 2026.
Backlog versus 2026 revenue
Scale capped at $800 million
Reported backlog$613m
Pro forma backlog$757m
FY guide midpoint$537.5m
Pro forma backlog / guide1.41×
Market cap / guide midpoint7.64×
Sources: Ondas Q2 results; Yahoo Finance market capitalization at 11:16 EDT on September 1, 2026. Market-cap-to-revenue is not an enterprise-value multiple.
Interest RatesStock Market
Nasdaq pares decline to 0.8% with $88 oil sustaining rate pressure
By 11:00 EDT on Tuesday, U.S. stocks had trimmed earlier declines. Oil hovered close to $88 and the Treasury yield stood at 4.77%, but…
S&P 500: opening loss narrows
Index level, selected one-minute observations
7,650.34 −0.47%
Two windows tell different stories
Session return versus the immediately preceding 60 minutes, through 10:59 EDT
S&P 500
Session−0.47%
Last hour+0.22%
Nasdaq
Session−0.76%
Last hour+0.41%
Dow
Session−0.39%
Last hour+0.18%
Defensive and energy shares hold the lead
4 higher6 lower1 flat
Consumer staples · XLP+0.91%
Energy · XLE+0.71%
Health care · XLV+0.63%
Utilities · XLU+0.52%
Real estate · XLRE0.00%
Communication · XLC−0.07%
Financials · XLF−0.28%
Materials · XLB−0.78%
Industrials · XLI−0.91%
Consumer discretionary · XLY−1.30%
Technology · XLK−1.31%
Artificial IntelligenceNYSE:NOK
Nokia Stock Falls 2.9% as €2.8 Billion AI Orders Face Conversion Test
Nokia Oyj shares fell 2.9% on Tuesday, despite a new Saudi investment in AI-driven network automation. The ADR traded at $9.845 at 10:53 EDT,…
Nokia ADR: first 83 minutes
U.S. dollars per ADR; previous close $10.14
As of . Five-minute observations; last point uses the quoted price.
Network-equipment shares
Nokia−2.91%
Arista Networks−2.26%
Cisco−1.24%
Ericsson−0.74%
Change from August 31 close. Source: Yahoo Finance. As of .
AI demand meets the earnings test
€2.8bnAI and cloud order intake
≈50%Expected to become revenue within 12 months
9.0% / −1.0%Comparable / reported operating margin
−€732mQuarterly free cash flow
Q2 2026. AI and cloud sales rose 105% year over year. Source: Nokia half-year report, July 23, 2026.
Artificial IntelligenceEarnings
Dell Shares Drop 3.5% as $60 Billion AI Server Ambition Puts Margins in Focus
ROUND ROCK, Texas, September 1, 2026, 10:52 EDT — Dell Technologies declined 3.5% after pushing toward a $60 billion target for its AI server…
Dell shares stayed below the prior close
Dell lagged server peers before results
Growth shifts from volume to conversion
Revenue+1.5%$43.84B Q1 to $44.50B Q2 midpoint
Adjusted EPS−1.2%$4.86 Q1 to $4.80 Q2 midpoint
Gross-margin change−3.3 pts17.8% in Q1 versus 21.1% a year earlier
AI servers needed$14.6BAverage for each remaining quarter to reach $60B
EnergyNASDAQ:FRVO
Fervo stock surges 24% with $1.1 billion market value boost after Google geothermal agreement
Shares of Fervo Energy Company surged 24.4% on Tuesday after the firm announced its biggest power deal to date. The stock traded at $19.14…
FRVO regular-session climb
Source: Yahoo Finance, consolidated U.S. exchange data. Prices are snapshots, not live.
Fervo-Google contracted capacity
Bar scale: 1,000 MW. The expansion is an option, not binding capacity.
Existing Nevada PPA115 MW
New Utah PPA396 MW
Google expansion optionabout 600 MW
Potential Utah offtake by June 2030nearly 1 GW
Source: Fervo's September 1 SEC exhibit. Option capacity depends on later conditions.
Capital cushion versus the build bill
June 30 balance sheet; H2 capex shown at the $875 million guidance midpoint.
Cash and equivalents$2.106B
H2 capex midpoint$875M
Current + long-term debt$228M
Cash100%
H2 capex midpoint41.5% of cash
Debt10.8% of cash
Source: Fervo June 30 Form 10-Q and August 12 guidance. Cash also funds operating and development costs.
BiotechnologyStock Market
bioAffinity shares jump 45% on CyPath news, trading volume rises to 56 times share count
SAN ANTONIO, September 1, 2026, 10:30 EDT — bioAffinity stock leapt 45% after the company announced news regarding its CyPath product, with trading volume…
BIAF's opening surge faded within an hour
As of . Source: Yahoo Finance. The high marker uses the session high; the line uses sampled minute closes.
Commercial activity grew faster than total revenue
Year-over-year changes reported for the second quarter or first half of 2026.
Q2 test volume+216%
H1 testing revenue+159%
Ordering offices and clinics+122%
Orders from existing clients+71%
Source: bioAffinity second-quarter results, August 7, 2026. Bars are scaled to the largest reported growth rate.
Financing can reshape a very small share base
Post-split common equivalents, rounded to the nearest thousand.
$3.92mbasic equity value at $6.63
$2.43mcash at June 30
$4.00mAugust gross financing
$3.37msecond-quarter net loss
592k564k1.128m
Basic shares after split: 592kPre-funded equivalents: about 564kAccompanying warrants: about 1.128m
Sources: August 14 financing and August 24 reverse split. Warrant counts are mathematical post-split equivalents and ignore fractional rounding; exercise is not assumed.