Stocks
Track global stock market news across major equity markets, including earnings, company announcements, analyst updates, IPOs and market movers. edgeX News helps traders and investors follow key developments in U.S., Asian, European and other global stock markets.
Week 36 Stocks Market Watch: Hot Payrolls and Broadcom AI Met a Higher Rate Bar
Week 36 paired strong AI infrastructure earnings with a firm U.S. labor market, pulling equities in opposite directions. Broadcom reported fiscal third-quarter revenue of $29.6 billion, up 86% year over year, sustaining the AI capex thesis after Nvidia, though its shares still fell on guidance concerns. August payrolls rose 162,000 with unemployment at 4.1%, lifting rate-hike odds and pressuring valuations; the S&P 500 ended nearly flat and the Dow fell about 0.3%. The KOSPI closed 1.5% below its prior-week level after oil-driven stress, while the Hang Seng recovered modestly amid an incomplete China-demand recovery. Week 37 hinges on U.S. inflation data and September FOMC pricing before the Fed's September 16-17 meeting.
Discovery Loop Targets $50 Billion Valuation Weeks After Launch
Discovery Loop, an AI startup founded by former Google researchers Jeff Dean, Sanjay Ghemawat, Quoc Le and Oriol Vinyals, is seeking a valuation of about $50 billion in its latest funding round. That target is five times the roughly $10 billion valuation discussed weeks earlier alongside plans to raise approximately $1 billion. Announced on August 5, 2026, the company’s updated expectations were reported by September 11, though neither the financing nor final valuation has been completed. Discovery Loop is developing AI systems for scientific research and operates as a public benefit corporation.
Nvidia Reportedly in Talks to Invest in Anthropic’s IPO
Nvidia is reportedly in negotiations to invest in Anthropic's upcoming initial public offering, according to sources cited by CryptoBriefing. Anthropic, the artificial-intelligence startup behind the Claude chatbot, is said to be seeking up to $100 billion in the offering, which could value the company at roughly $2 trillion. The talks follow Nvidia's November 2025 announcement of an investment of up to $10 billion in Anthropic, and a completed IPO investment would extend Nvidia's financial backing while deepening the two companies' strategic partnership. Anthropic is also backed by Google and Amazon. Attention now turns to official pricing and date announcements, partnership disclosures, and SEC filings, though no final terms have been confirmed.
Kalshi Seeks US Approval for Perpetual Futures on Tesla, Apple, and Nvidia
Kalshi, the New York-based derivatives exchange best known for prediction markets, plans to file with the CFTC and SEC for approval to list perpetual futures on individual stocks, starting with Tesla, Apple, and Nvidia. The filing would cover roughly 60 stock- and ETF-linked products, each representing 100 shares with a minimum margin of about 15% of notional value. Contracts would trade 23 hours a day, five days a week, settle in cash, and have no expiration dates, with funding-rate payments keeping prices aligned to underlying assets. Eligibility rules would limit underlyings to companies with at least $100 billion in market cap and $450 million in average daily volume. The proposal faces opposition from CME Group and Citadel Securities and will test joint CFTC-SEC oversight of equity perpetuals.
Marvell targets $30 billion optical networking market as AI data centers drive demand
Marvell Technology is positioning its optical and switching products for a scale-up networking market that KeyBanc estimates could reach $30 billion by 2030, split between optical technologies and switching. Analyst John Vinh lifted his price target 48% to $385. Marvell is targeting $12 billion in fiscal 2027 networking revenue and $18 billion in fiscal 2028, while its data center interconnect business is expected to grow more than 70% in FY2027. Acquisitions, expanded NVIDIA collaboration, and a Google supply agreement support its strategy as AI clusters increase demand for high-speed optical connections.
D-Wave Secures Up to $100 Million in U.S. Funding for Quantum Computing Expansion
D-Wave Quantum Inc. (NASDAQ: QBTS) has executed a definitive agreement with the U.S. Department of Commerce granting it access to up to $100 million in funding under the CHIPS and Science Act, following a previously announced Letter of Intent. The funds are intended to advance the company's research, development, and commercialization of quantum systems while strengthening the domestic supply chain. CEO Dr. Alan Baratz said the award supports the Administration's goal of scaling and manufacturing quantum technologies. Disbursement remains contingent on conditions such as project milestones, with risks including potential termination, unavailability of appropriated funds, and stockholder dilution. The deal underscores federal efforts to sustain U.S. quantum leadership amid intensifying global competition.
Nightfood Holdings Expands AI-Powered Service Robotics Operations
Nightfood Holdings Inc. (OTCQB: NGTF), operating as TechForce Robotics, is broadening its artificial intelligence-powered service robotics business as organizations confront labor shortages, higher costs and efficiency demands. Its BIM-E, TIM-E and LIM-E systems are intended to automate recurring work in hospitality, pharmaceutical, laboratory and industrial settings, allowing staff to focus on higher-value activities. The company is also targeting laboratory automation, pharmaceutical manufacturing and industrial uses, supported by a recently announced partnership with Jiun Jiang (JJ Enterprise). Nightfood says adoption will depend on demonstrating measurable operational benefits and scaling its solutions across industries.
Oracle Seeks 2 GW of Renewable Energy for OpenAI’s Stargate Data Center
Oracle issued a request for proposals on September 8 for up to 2 gigawatts of renewable energy projects in New Mexico to support Project Jupiter, a data center campus it is building for OpenAI under the Stargate AI infrastructure initiative. The renewables are intended to offset, not replace, the campus's primary power from 2.45 GW of natural-gas-fueled Bloom Energy fuel cells, with targeted online dates between 2027 and 2031 as part of Oracle's goal of 100% carbon-free energy by 2031. The $165 billion, 1,400-acre project faces community opposition and permitting delays, and its roughly 2.5 GW power requirement reflects the surging energy demands of AI infrastructure, echoing moves by Microsoft, Google, and Amazon.
Greenland Mines Completes Skaergaard Bulk Sampling and Advances Sarfartoq Fieldwork
Greenland Mines Ltd. (NASDAQ: GRML) has finished its 2026 bulk-sampling program at the Skaergaard palladium, platinum and gold project in East Greenland while continuing fieldwork at the Sarfartoq rare earth project in West Greenland. The company extracted 104.8 tons of mineralized and host material from seven sites, now slated for large-scale and pilot-scale metallurgical testing at GTK Mintec in Finland. At Sarfartoq, acquired on September 1, Greenland Mines opened a fully staffed exploration camp, completed a second year of environmental baseline studies, and began mapping the ST1 resource zone. The progress supports the company's multi-asset critical metals strategy and could contribute to Western supply-chain diversification, with successful testing and resource expansion potentially attracting further investment and partnerships.
Wrap Technologies Builds Integrated Public Safety Platform Around Non-Lethal Tools, VR Training and AI
Wrap Technologies Inc. (NASDAQ: WRAP) is developing an integrated public safety platform centered on the BolaWrap 150, a remote restraint device that lets officers address non-compliant individuals from a distance. The platform includes Wrap Reality virtual reality training, Wrap Tactics digital instruction, and Wrap Vision evidence management, and is being expanded with WrapShield, an AI-enabled system combining sensing, threat detection, decision support, command-and-control, and graduated response. WrapShield initially targets counter-unmanned aircraft applications, marking the company's entry into the counter-drone market. With deployments reportedly spanning more than 1,000 agencies in over 60 countries, the announcement signals Wrap's shift from a single-product company toward a broader platform model aimed at reducing reliance on lethal force and supporting accountable policing.
