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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
09/01/2026 05:54 PM Market Movers: Treasury Yields Spike, Oil Climbs, and Apple’s Leadership Transition Rocks Markets
Treasury yields reach 4.77%, oil jumps 2% on Iran tensions, Dell reports massive AI backlog, Morgan Stanley upgrades Robinhood, and Apple names new CEO.
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09/01/2026 05:37 PM Microsoft (MSFT) Stock Poised for Breakout as BofA Elevates Price Target to $600
Bank of America raises Microsoft (MSFT) price target to $600 citing 43% Azure growth and 30M Copilot seats, implying 19% upside from current levels.
The post Microsoft (MSFT) Stock Poised for Breakout as BofA Elevates Price Target to $600 appeared first on Blockonomi.
09/01/2026 05:30 PM Cerebras (CBRS) Stock Dips Despite Finland AI Data Center Expansion and Ark Invest Buying Spree
Cerebras (CBRS) stock dropped 3.6% despite Finland AI data center deal. Ark Invest bought $17M in shares. Analysts maintain Strong Buy with $283 target.
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09/01/2026 05:29 PM Roblox (RBLX) Stock Climbs After EU Digital Services Act Classification
Roblox (RBLX) stock rallied after EU Digital Services Act designation. Despite missing Q2 revenue targets, shares gained on regulatory clarity and buybacks.
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09/01/2026 05:04 PM Navitas Semiconductor (NVTS) Stock: First Gen 5 GaNFast Wafers Set for September
TLDR Navitas sets September shipments for its first U.S.-made Gen 5 GaNFast wafers GlobalFoundries partnership brings Navitas Gen 5 GaNFast into U.S. production Navitas expands U.S. GaN supply with first Gen 5 wafer shipments in September Gen 5 GaNFast rollout targets computing, industrial and defense power markets NVTS falls 3.93% as Navitas advances U.S. Gen [...]
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09/01/2026 04:54 PM LSE Partners With Kraken’s Parent Company to Launch Tokenized UK Equities
London Stock Exchange partners with Kraken parent Payward to tokenize 100 UK stocks via xStocks, offering 24/7 trading access to global investors.
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09/01/2026 04:48 PM Intuitive Machines, Inc. (LUNR) Stock: New IM 300 Contract Expands Spacecraft Customer Base
TLDR Intuitive Machines wins a new contract for two IM 300 spacecraft platforms. New IM 300 order expands Intuitive Machines into a broader customer segment. LUNR stock falls 4.30% to $14.70 despite the latest spacecraft contract win. IM 300 platform supports flexible payloads, propulsion, and constellation use. Palo Alto facility supports serial production as spacecraft [...]
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09/01/2026 04:47 PM Yum! Brands (YUM) Stock Slides as Pizza Hut Sale to LongRange Capital Finalizes
Yum! Brands (YUM) shares fell 0.68% as LongRange Capital finalized its Pizza Hut acquisition. Eduardo Luz named Interim CEO. Deal terms not revealed.
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09/01/2026 04:41 PM Piper Sandler Boosts Tempus AI (TEM) Stock Rating to Overweight with $76 Target
Tempus AI (TEM) stock rose 2% after Piper Sandler upgraded it to Overweight with a $76 target, citing Personalis deal and FDA approval as catalysts.
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09/01/2026 04:40 PM Alumis (ALMS) Stock Crashes Over 50% Following Lupus Trial Disappointment
Alumis (ALMS) stock plummeted 56% after Phase 2b lupus trial failure. IFNGS-high subgroup showed promise. Psoriasis NDA filing still planned for Q4 2026.
The post Alumis (ALMS) Stock Crashes Over 50% Following Lupus Trial Disappointment appeared first on Blockonomi.
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