Daily Fintech News

Trump Says Iran "Will Never Have a Nuclear Weapon" as He Weighs a "Big Decision" — Daily Fintech News

Wednesday, September 23, 2026 · 1:18 AM ET

Macro

1.Trump Says Iran "Will Never Have a Nuclear Weapon" as He Weighs a "Big Decision"

Trump said keeping Iran from a nuclear weapon remains the administration's only objective and that he faces a 'big decision' on the conflict, reiterating he expects a U.S.-Iran deal after the election as talks with Tehran continue.

AI

2.Meta Expands Muse With Instacart, PayPal, Expedia and Shopify Integrations

Meta added Instacart, PayPal, Expedia and Shopify partnerships to its Muse AI assistant, letting it handle grocery delivery, checkout, trip booking and shopping across millions of merchants as it pushes Muse into a full AI commerce and productivity platform.

$META
$META Close$736.68-0.62% Live$736.60-0.01%
1Y -1.9% Rev QoQ +28.0% EPS QoQ -13.4% 52wk $520.26–$770.6 P/E 27.8 Mkt Cap $1.88T

Options

3.Most Active Options Today Led by Nvidia, Tesla and Apple

The most active options by contracts traded were NVDA (2.1M), TSLA (1.5M), AAPL (1.2M), MU (964K), META (936K), INTC (816K), AMZN (682K), GOOGL (662K), SPCX (644K) and AMD (622K).

Fintech

4.SoFi Becomes First U.S. National Bank Live With Stablecoin Settlement on Mastercard

SoFi is moving its full debit and credit card program, over $25B in annualized volume, to blockchain settlement on Mastercard's network using SoFiUSD, a 1:1 dollar-redeemable stablecoin, with merchants needing no new infrastructure and cross-border payments eyed next.

$SOFI
$SOFI Close$17.17+1.15% Live$17.16-0.03%
1Y -41.7% Rev QoQ +42.6% EPS QoQ +40.4% 52wk $14.88–$32.73 P/E 35.0 Mkt Cap $22.16B

Analyst Ratings

5.SanDisk Jumps 7% After Rosenblatt Starts at Buy With $2,400 Target

SanDisk rose 7% after Rosenblatt initiated Buy with a $2,400 target, arguing AI is turning NAND from a commodity into a system-critical part of AI infrastructure and noting SanDisk's recent addition to the S&P 100.

$SNDK
$SNDK Close$1886.05+6.76% Live$1887.04+0.05%
1Y +1560.4% Rev QoQ +371.6% EPS QoQ — 52wk $93.535–$2354.39 P/E 25.6 Mkt Cap $276.30B

Markets

6.Michael Burry Goes 'Full Size,' Adds Shorts on Micron, Nebius, SOXX and Palantir

Burry said he is at full size across several positions, calling prices 'rather attractive.' He added shorts on MU, NBIS, SOXX and PLTR while increasing longs in QXO, BBW, SFM, BIRK and MELI.

Analyst Ratings

7.AppLovin Reiterated Buy at Citi With $600 Target on Accelerating E-Commerce

Citi kept AppLovin at Buy with a $600 target after data showed 13,105 global e-commerce clients as of Sept 18, up 5.1% week over week, the fastest growth in five months, with international merchant growth outpacing the U.S.

$APP
$APP Close$328.75-0.43% Live$328.73-0.01%
1Y -49.3% Rev QoQ +52.8% EPS QoQ +57.0% 52wk $297.5–$745.61 P/E 25.3 Mkt Cap $110.01B

Big Tech

8.Apple Unveils New Mac mini and Mac Studio With On-Device AI Focus

Apple launched an M6 Mac mini with up to 4x faster AI performance from $899 and a Mac Studio on M5 Max/Ultra with up to 512GB unified memory, Thunderbolt 5 with RDMA, and the ability to run large models on-device; Mac Studio starts at $2,499.

$AAPL
$AAPL Close$339.73+0.22% Live$339.75+0.01%
1Y +33.2% Rev QoQ +16.4% EPS QoQ +28.7% 52wk $243.42–$345.34 P/E 39.0 Mkt Cap $4.96T

Quantum Computing

9.IonQ Demonstrates First Real-Time Quantum Error-Correction Decoder on a Standard CPU

IonQ said it ran the industry's first end-to-end real-time quantum error-correction decoder on an off-the-shelf CPU, tested on circuits simulating up to 408 logical qubits and 31.5M operations with as little as 0.02% overhead, supporting its Walking Cat roadmap.

$IONQ
$IONQ Close$40.74+0.58%
1Y -46.1% Rev QoQ +286.8% EPS QoQ — 52wk $25.89–$84.64 P/E — Mkt Cap $16.51B

Commodities

10.China's 2026 Gold Imports Hit Record 1,141 Tonnes in First Eight Months

China imported a record 1,141 tonnes of gold in the first eight months of 2026, already more than all of 2025 and on pace to top 1,700 tonnes for the year, as Chinese gold ETFs added 44 tonnes amid strong investment demand and a stronger yuan.

Crypto

11.Spot Bitcoin ETFs Pull In $999M, Largest Daily Inflow Since October 2025

Spot Bitcoin ETFs attracted $999M Monday, their biggest daily intake since October 2025, led by IBIT's $381M. September inflows now total $1.3B after $3.5B in August, underscoring continued institutional Bitcoin demand.

$IBIT
$IBIT Close$48.83-0.38%
1Y -22.7% Rev QoQ — EPS QoQ — 52wk $32.84–$71.82 P/E — Mkt Cap —

Markets

12.Trump Disclosed 1,156 Securities Transactions in July Totaling Up to $270M

A filing disclosed 1,156 securities transactions made on Trump's behalf in July worth roughly $79M-$270M, including $5M-$25M sales of MSFT and AMZN and purchases across NVDA, INTU, MRVL, CRM and CHD; the White House said third parties manage the portfolio.

AI Chips

13.Alibaba Unveils New AI Chip and Data Center Expansion Plan

Alibaba rolled out its most powerful AI chip yet and outlined a roadmap for a larger model and expanded data centers, doubling down on controlling both the hardware and software behind its AI ambitions in a direct challenge to Nvidia.

$BABA
$BABA Close$116.27+0.45% Live$116.31+0.03%
1Y -29.0% Rev QoQ +8.6% EPS QoQ -79.4% 52wk $91.99–$192.67 P/E 26.3 Mkt Cap $289.10B

AI

14.Software Firms Discount AI to Keep Customers From Anthropic, OpenAI

Amazon, Microsoft, Figma and Workday are dangling new discounts on AI products to clients and consulting partners worn out by shifting pricing, as customers grow choosier after ramping budgets for tools like Anthropic's Claude Code and OpenAI's Codex.

Data Centers

15.SoftBank's $50bn Data Centre Group Slows Its IPO

Masayoshi Son-backed SoftBank is slowing the planned IPO of its roughly $50bn data centre group amid market fears over an AI slowdown and lackluster interest in a new debt sale.

$SFTBY
$SFTBY Close$22.10+2.08%
1Y +40.5% Rev QoQ +10.9% EPS QoQ -17.8% 52wk $10.55–$28.97 P/E 7.9 Mkt Cap $251.89B

AI

16.AI Startup Heidi Doubles Valuation to $900 Million in New Round

AI startup Heidi roughly doubled its valuation to $900 million in a new funding round, underscoring continued investor appetite for fast-growing artificial-intelligence companies.

Markets

17.Accelevation and Backer Seek to Raise Up to $720 Million in IPO

Data-center infrastructure company Accelevation and a backer are seeking to raise up to $720 million in an initial public offering, testing investor demand tied to the AI build-out.

AI

18.Entertainment-Booking Startup Ande Raises $52 Million From Lightspeed, Redpoint

Ande came out of stealth with $52 million from Lightspeed and Redpoint for AI agents that help businesses arrange corporate events, dining and sporting outings, handling everything from booking venues to processing expenses.

Big Tech

19.Microsoft Cuts Xbox Jobs, Moves Game Studios Under Activision

Microsoft is cutting jobs in its Xbox division and reorganizing several first-party game studios under its Activision Blizzard unit, the latest restructuring in the company's gaming business.

$MSFT
$MSFT Close$497.94-0.73% Live$498.00+0.01%
1Y -1.5% Rev QoQ +17.7% EPS QoQ +31.7% 52wk $349.2–$553.72 P/E 27.7 Mkt Cap $3.70T

Crypto

20.Binance Invests $100 Million in Circle, Extends USDC Agreement

Binance is investing $100 million in stablecoin issuer Circle and extending its USDC distribution agreement, deepening ties between the largest crypto exchange and the company behind the second-biggest stablecoin.

$CRCL
$CRCL Close$94.56+0.07% Live$94.59+0.03%
1Y -27.9% Rev QoQ +6.6% EPS QoQ — 52wk $49.9–$159.47 P/E 19.0 Mkt Cap $25.78B

Markets

21.Meta Leads Tech Rally as Oil Prices Fall

Technology stocks climbed with Meta out front as Brent crude sank on speculation of a potential US-Iran meeting, with falling energy prices helping lift equities and push the Nasdaq toward record territory.

$META
$META Close$736.68-0.62% Live$736.60-0.01%
1Y -1.9% Rev QoQ +28.0% EPS QoQ -13.4% 52wk $520.26–$770.6 P/E 27.8 Mkt Cap $1.88T

AI

22.Anthropic and OpenAI Release Cheaper Models as Price War Intensifies

Anthropic unveiled a more cost-efficient Opus 5.5 model and OpenAI rolled out a cheaper GPT-6 family priced at roughly half its predecessors, escalating a price war among leading AI labs as they fight for enterprise share ahead of Anthropic's planned IPO.

Markets

23.Nvidia's Stock Is Flashing a Warning Sign as Valuation Drops

Nvidia shares are showing a technical warning signal as the chipmaker's valuation compresses, raising questions about whether the AI-driven rally in the market's most influential stock can keep running.

$NVDA
$NVDA Close$228.83+0.64% Live$228.87+0.02%
1Y +27.4% Rev QoQ +105.9% EPS QoQ +127.8% 52wk $164.27–$236.54 P/E 28.9 Mkt Cap $5.53T

Markets

24.Netflix Gets Second Downgrade in a Week on Engagement Concerns

Netflix received its second analyst downgrade in a week, with concerns mounting over slowing user engagement, pressuring the streaming giant's shares.

$NFLX
$NFLX Close$72.16-1.64%
1Y -39.8% Rev QoQ +13.4% EPS QoQ +11.1% 52wk $65.08–$124.86 P/E 22.7 Mkt Cap $300.47B

Markets

25.Meta's Muse Drags Down Stocks That Depend on 'Consumer Inertia'

Meta's fast-growing Muse shopping app is weighing on shares of companies that rely on consumer inertia, as investors reprice retail and e-commerce names threatened by Meta's push into AI-driven commerce.

$META
$META Close$736.68-0.62% Live$736.60-0.01%
1Y -1.9% Rev QoQ +28.0% EPS QoQ -13.4% 52wk $520.26–$770.6 P/E 27.8 Mkt Cap $1.88T

AI Chips

26.Wall Street's GPU Futures Push Stalls at the CFTC

CME Group's plan to launch futures on Nvidia GPU rental prices — seen as key to making AI compute an investable asset class — is delayed, as the CFTC extends its review of how the contracts would work, pushing the hoped-for early-October launch out.

$CME
$CME Close$267.21-3.02%
1Y +5.2% Rev QoQ +0.8% EPS QoQ +2.5% 52wk $218.31–$329.16 P/E 22.7 Mkt Cap $96.08B

AI

27.Legora in Talks to Raise Funds at a Roughly $8.5 Billion Value

AI legal-tech startup Legora is in talks to raise a new funding round valuing it at roughly $8.5 billion, underscoring continued investor demand for AI applications targeting professional-services workflows.

Data Centers

28.Anthropic in Talks to Lease Up to 1GW From Apollo-Owned Stream Data Centers

Anthropic is in early talks to lease up to 1 gigawatt of compute from Stream Data Centers, majority-owned by Apollo Global Management, filling the sites with Broadcom- and Google-designed TPUs as it works to cut reliance on cloud providers.

Markets

29.Nasdaq 100 Rises to New High as 'AI FOMO' Returns

The Nasdaq 100 climbed to a fresh record as fear-of-missing-out buying in AI and megacap tech names powered equities higher, extending the tech-led rally into the close.

Data Centers

30.CoreWeave Completes $4.2 Billion Convertible Offering

AI cloud provider CoreWeave closed a $4.2 billion convertible bond offering, with the notes carrying a higher coupon than a similar issuance in April as it funds its data-center buildout.

$CRWV
$CRWV Close$86.75+1.55% Live$86.76+0.01%
1Y -34.7% Rev QoQ +112.5% EPS QoQ — 52wk $60.55–$153.2 P/E — Mkt Cap $47.85B

AI Infrastructure

31.SoftBank Launches One of Biggest Junk Bond Deals to Fund OpenAI Bet

SoftBank is seeking to raise more than $11 billion in dollar and euro junk bonds at record yields, one of the largest such deals, to help finance its escalating investment in OpenAI and the broader AI boom.

$SFTBY
$SFTBY Close$22.10+2.08%
1Y +40.5% Rev QoQ +10.9% EPS QoQ -17.8% 52wk $10.55–$28.97 P/E 7.9 Mkt Cap $251.89B

AI Infrastructure

32.Alibaba to Add Data Centers in Europe, Middle East in AI Push

Alibaba plans to expand its cloud data-center footprint into Europe and the Middle East as part of an aggressive AI infrastructure push, deepening its bid to compete globally in AI compute.

$BABA
$BABA Close$116.27+0.45% Live$116.31+0.03%
1Y -29.0% Rev QoQ +8.6% EPS QoQ -79.4% 52wk $91.99–$192.67 P/E 26.3 Mkt Cap $289.10B

IPO

33.Nvidia-Backed Nscale Buried ByteDance Deal in Push to $35bn IPO

AI cloud provider Nscale, backed by Nvidia, played down that ByteDance was its largest customer last year as it pitches a roughly $35 billion IPO to stock-market investors.

AI Chips

34.China Reviews Dependence on Broadcom Switches in Data Centres

China is surveying its reliance on Broadcom networking switches in data centres amid a drive to boost domestic players and cut dependence on foreign AI infrastructure, a potential risk to Broadcom's China revenue.

$AVGO
$AVGO Close$364.51+0.51% Live$364.54+0.01%
1Y +7.0% Rev QoQ +85.5% EPS QoQ +215.3% 52wk $289.96–$495.0 P/E 46.6 Mkt Cap $1.74T

IPO

35.Data-Center Bet Makes ESDS One of India's Best New Listings

Indian data-center operator ESDS has become one of the country's best-performing new listings, as investor enthusiasm for AI-driven data-center demand lifts the stock sharply after its IPO.

⌂ Home  ·  ← All briefs  ·  RSS feed