Market News for September 24, 2026
Every story Market Flux published on September 24, 2026.
- Most Active
Viking Therapeutics Raises $500M in Upsized Stock and Convertible Note Offering After Weight-Loss Drug Surge
Viking Therapeutics priced concurrent public offerings totaling roughly $500 million on September 24, 2026, capitalizing on a sharp rally tied to positive results from its VK2735…
- Market Flux Event
Bitget Exchange Suspected of Losing Up to $200 Million in Multi-Wallet Breach
Crypto exchange Bitget is suspected of suffering a major security breach on September 24, 2026, with on-chain data showing between $170 million and nearly $200 million drained from exchange…
- Top Mover
Barry Diller's People Inc Withdraws $18 Billion MGM Resorts Buyout Bid, Stock Sinks 11%
Barry Diller's People Inc. withdrew its proposal to acquire the remaining public shares of MGM Resorts International on September 24, sending MGM shares down as much as 11% during the…
- Top Mover
Gen Digital Makes Preliminary Takeover Offer for GoDaddy in Deal That Would Expand It Beyond Cybersecurity
Gen Digital, the $15.7 billion cybersecurity company behind Norton and Avast, has made a preliminary takeover approach for GoDaddy, the web domain and small-business software provider with…
- Top Mover
Piper Sandler Downgrades Rollins to Neutral as Stock Hits 52-Week Low of $31.50
Piper Sandler cut its rating on Rollins, Inc. from Overweight to Neutral on September 24, 2026, setting a price target of $33, as the pest-control company's shares fell to a 52-week low of…
- Top Mover
First Solar Shares Hit 52-Week Low of $182.88 Amid Interest Rate and Tax Credit Policy Fears
First Solar shares tumbled roughly 7.7% on Thursday, September 24, touching a fresh 52-week low of $182.88 and making the stock one of the worst performers in the semiconductor and…
- Top Mover
Anthropic Signs $11.6 Billion Seven-Year Cloud Deal With Akamai, With Option to Expand to $20 Billion
Anthropic has committed $11.6 billion over seven years to use Akamai Technologies infrastructure for growing AI compute workloads, in what Akamai described as a dramatic expansion of the…
- Top Mover
GM and Ford Lose US Market Share as Hyundai Set to Outsell Ford for First Time in Q3
General Motors and Ford have lost more US market share than any other automakers so far in 2026, according to a Cox Automotive forecast released September 24, with both companies hurt by…
- Top Mover
Western Digital Stock Slides Up to 4% in Broad Nasdaq Selloff Despite Bullish AI Memory Outlook
Western Digital shares fell as much as 4% on Thursday, September 24, underperforming its peers as a broader Nasdaq selloff dragged chip and memory stocks lower. SanDisk and Micron also…
- Top Mover
Everpure Surges 14-16% After FY28 Revenue Guidance of Up to $7.3B Crushes Wall Street Estimates
Everpure, formerly Pure Storage, jumped as much as 16% on September 24 and hit an all-time high of $119.20 after the data-storage company issued a sweeping fiscal 2028 revenue outlook at…
- Top Mover
Charles River Labs Unveils Pathway to Purpose Strategy at Investor Day, Targets 5-7% Revenue Growth by 2030
Charles River Laboratories International used its 2026 Investor Day on September 24 to unveil a refreshed strategic framework called Pathway to Purpose, setting long-term financial targets…
- Market Flux Event
Anthropic Signs Up to $12 Billion Cloud Computing Deal With Akamai, Sending AKAM Shares Surging
Anthropic has struck a cloud services agreement with Akamai Technologies valued at approximately $12 billion, according to Bloomberg, with Reuters reporting a slightly lower figure of $11.6…
- Market Flux Event
Dozens of UN Diplomats Walk Out as Netanyahu Addresses General Assembly, Calling Them Moral Cowards
Dozens of diplomatic delegates walked out of the UN General Assembly hall the moment Israeli Prime Minister Benjamin Netanyahu stepped to the podium on Thursday, in a visible protest…
- Unusual Volume
Everpure Stock Surges Up to 16% After FY28 Revenue Guidance Crushes Wall Street Estimates
Everpure, the data-storage company formerly known as Pure Storage, surged as much as 16% on Thursday and hit an all-time high of $119.20 after unveiling fiscal 2028 revenue guidance of $7.0…
- Top Story
Trump and Xi Meet at White House as US-Iran Hormuz Deal Talks Emerge and Nuclear Concerns Surface
Chinese President Xi Jinping met Donald Trump at the White House on September 24, with the two leaders discussing trade, artificial intelligence, and Taiwan while broader geopolitical…
- Market Flux Event
Xi Jinping Meets Trump at White House in First US State Visit in Over a Decade
Chinese President Xi Jinping held an official state visit at the White House on September 24, 2026, meeting with President Donald Trump for high-stakes talks covering trade, artificial…
- Market Flux Event
Trump and Xi Hold First Washington Summit in Over a Decade as US and Iran Explore Phased Hormuz Deal
Chinese President Xi Jinping visited the White House on September 24 for his first trip to Washington in more than a decade, meeting with President Trump for wide-ranging talks on trade…
- Market Flux Event
White House Restores Access for CNN, MS NOW and Politico After Federal Judge Orders Trump Ban Lifted
A federal judge ordered the Trump administration to immediately restore White House press access to CNN, MS NOW and Politico, and the White House complied on September 24, hours after…
- Unusual Volume
Stitch Fix Shares Plunge 19% After Weak FY2027 Revenue and EBITDA Guidance
Stitch Fix tumbled roughly 19% in premarket trading on September 24, 2026, after the online personal styling company posted mixed fourth-quarter 2026 results and issued a fiscal 2027…
- Market Flux Event
US 30-Year Mortgage Rate Tops 7% for First Time Since January 2025, Hitting 7.03% After Five Weeks of Increases
The average rate on a 30-year fixed mortgage climbed to 7.03% this week, according to Freddie Mac data released Thursday, crossing the 7% threshold for the first time since the beginning of…
- Top Story
Trump White House Defies Federal Court Order Restoring Press Access for CNN, MS NOW and Politico
Federal District Judge Timothy Kelly ordered the Trump administration to immediately restore White House access for journalists from CNN, MS NOW and Politico on September 24, ruling that…
- Market Flux Event
Rising US Treasury Yields and Stablecoin Strategy Drive Broad Dollar Strength
The US dollar advanced broadly on September 24 as the 10-year Treasury yield climbed above 5.15%, pressuring major currency pairs and undercutting demand for alternative assets. EUR/USD…
- Market Flux Event
Oil Surges 4-5% After Houthi Missile Strike on Saudi Arabia Then Pulls Back on US-Iran Hormuz Talks
Oil prices swung sharply on Thursday after Yemen's Houthi forces fired ballistic missiles at Saudi Arabia, driving US crude up roughly $4 a barrel and Brent above $108 a barrel, a gain of…
- Market Flux Event
US and Iran Explore Phased Deal to Reopen Strait of Hormuz in Exchange for Lifting Economic Blockade
U.S. and Iranian negotiators are discussing a phased agreement to end their conflict over the Strait of Hormuz, Reuters reported on September 24, citing sources familiar with the talks. The…
- Top Story
JPMorgan Lifts Meta Price Target to $920 on Muse AI Agent Momentum as Treasury Yields Pressure Chip Stocks
JPMorgan raised its price target on Meta Platforms stock to $920 from $820, maintaining an overweight rating, citing the early success of its Muse AI agent following a product showcase at…
Show 25 more
- Top Story
Oracle Invokes Force Majeure on Project Jupiter, Its 2.45GW New Mexico AI Data Center
Oracle has sent a force majeure notice to the developer of Project Jupiter, a massive New Mexico data center tied to the broader Stargate AI infrastructure buildout, seeking to protect…
- Market Flux Event
Oracle Sends Force Majeure Notice on New Mexico Data Center as Broader Market Slides on Treasury Yield Fears
Oracle shares fell more than 5% on Thursday after Bloomberg News reported the company sent a force majeure notice to the developer of its massive New Mexico data center project, known as…
- Unusual Volume
MGM Resorts Eyes Counterbid for People Inc After Diller Withdraws $18 Billion Takeover Offer
Barry Diller's People Incorporated withdrew its $48.30-per-share cash offer to acquire MGM Resorts International's remaining public shares on September 24, collapsing an $18 billion deal it…
- Top Story
US 30-Year Treasury Yield Hits 5.44%, Highest Since 2004, as Global Bond Rout Deepens
A relentless global bond selloff pushed the 30-year US Treasury yield to 5.44% on Thursday, a level not seen since 2004, while the benchmark 10-year yield topped 5.15%, its highest since…
- Market Flux Event
White House Defies Federal Court Order Restoring CNN, MSNOW and Politico Access
The White House blocked reporters from CNN, MSNOW and Politico from entering its grounds on Thursday, September 24, in open defiance of a federal court order issued earlier that day…
- Top Story
Trump and Xi Extend US-China Trade Truce to January 10 at Washington State Visit
Chinese President Xi Jinping arrived in Washington for a three-day state visit, his first to the United States in 11 years, with President Donald Trump breaking protocol by personally…
- Market Flux Event
US August New Home Sales Surge to 684,000 Annual Rate, Far Exceeding Forecasts
Sales of new single-family homes in the United States jumped 6.4% in August from the prior month to a seasonally adjusted annual rate of 684,000 units, the Census Bureau reported on…
- Market Flux Event
Trump and Xi Hold White House Summit With Trade Truce Extended Only to January and AI Rivalry Taking Center Stage
President Donald Trump welcomed Chinese President Xi Jinping to the White House on September 24 for a three-day state visit aimed at stabilizing relations between the world's two largest…
- Market Flux Event
Multiple Fed Officials Signal Further Rate Hikes Needed as Inflation Stays Stubbornly High
Several Federal Reserve officials on September 24 delivered a consistent hawkish message: inflation remains too elevated and additional interest rate increases are likely on the table…
- Market Flux Event
JPMorgan Lifts Meta Price Target to $920 on Muse AI Agent Momentum as Treasury Yields Pressure Chip Stocks
JPMorgan raised its price target on Meta Platforms stock to $920 from $820, maintaining an overweight rating, citing the early success of its Muse AI agent following a product showcase at…
- Market Flux Event
Cleveland Fed President Hammack Warns Inflation Risks Are Tilted to the Upside as Supply Shocks Complicate Policy
Cleveland Federal Reserve President Beth Hammack warned on September 24 that inflation risks remain tilted to the upside, citing supply shocks as a notable challenge for monetary policy…
- Market Flux Event
US Treasury Yields Surge Past 5% as Tight Labor Market and Fed Rate-Hike Bets Hammer Gold and Bonds
US 10-year Treasury yields climbed above 5% on September 24, driven by a combination of strong economic data, elevated energy prices, and growing expectations that the Federal Reserve will…
- Market Flux Event
Oracle Invokes Force Majeure on Project Jupiter, Its 2.45GW New Mexico AI Data Center
Oracle has sent a force majeure notice to the developer of Project Jupiter, a massive New Mexico data center tied to the broader Stargate AI infrastructure buildout, seeking to protect…
- Market Flux Event
Bitcoin Drops to $83,000 as 10-Year Treasury Yield Hits 19-Year High
Bitcoin fell sharply on September 24, sliding from around $87,200 to as low as $83,000 as the US 10-year Treasury yield surged to its highest level since 2007, marking the biggest…
- Market Flux Event
30-Year Treasury Yield Hits 5.39%, a 22-Year High, as Global Bond Rout Deepens
U.S. Treasury yields surged on September 24, with the 30-year yield climbing to 5.39%, its highest level since 2004, and the 10-year yield topping 5.15%, extending a bond market selloff…
- Market Flux Event
Bitcoin Slides to $83,300 as 10-Year Treasury Yield Hits 19-Year High and 30-Year Touches 22-Year High
Bitcoin fell to around $83,300 on Thursday as surging U.S. Treasury yields triggered a broad risk-off move across markets. The 10-year Treasury yield jumped 18 basis points on Wednesday to…
- Market Flux Event
US 30-Year Treasury Yield Hits 5.44%, Highest Since 2004, as Bond Rout Deepens on Rate-Hike Fears
The global bond selloff accelerated sharply on September 24, with the 30-year US Treasury yield climbing to 5.44%, a level not seen since 2004, while the benchmark 10-year yield topped…
- Market Flux Event
FDA Approves Eli Lilly Onswik as First Once-Weekly Basal Insulin for Type 2 Diabetes
The U.S. Food and Drug Administration approved Eli Lilly's Onswik, generic name insulin efsitora alfa-gobe, as a once-weekly basal insulin injection for adults living with type 2 diabetes…
- Market Flux Event
Merck Remigromig Hits Non-Inferiority Goal in Phase 2b/3 Diabetic Macular Edema Trial
Merck's eye disease drug remigromig met its primary non-inferiority endpoint in a Phase 2b/3 trial for diabetic macular edema, the company announced on September 24. The result positions…
- Market Flux Event
SNB Drops FX Intervention Warning as Swiss Franc Falls to 14-Month Low Against Dollar
The Swiss National Bank removed its long-standing pledge of "increased willingness" to intervene in foreign exchange markets from its policy statement on September 24, a significant shift…
- Market Flux Event
US and China Extend Trade Truce by Two Months as Trump Hosts Xi at White House
President Donald Trump welcomed Chinese President Xi Jinping to the White House on September 24 for Xi's first U.S. state visit in more than a decade, greeting him with a planeside ceremony…
- Market Flux Event
Trump and Xi Extend US-China Trade Truce to January 10 at Washington State Visit
Chinese President Xi Jinping arrived in Washington for a three-day state visit, his first to the United States in 11 years, with President Donald Trump breaking protocol by personally…
- Market Flux Event
Trump White House Defies Federal Court Order Restoring Press Access for CNN, MS NOW and Politico
Federal District Judge Timothy Kelly ordered the Trump administration to immediately restore White House access for journalists from CNN, MS NOW and Politico on September 24, ruling that…
- Market Flux Event
Meta Unveils Muse Charm, a Palm-Sized 5G Device for Its AI Agent, With December Ship Date
Meta Platforms surprised the market on September 23 with the debut of the Muse Charm, a palm-sized, dedicated device built specifically to access its fast-growing Muse AI agent on the go…
- Market Flux Event
Meta Unveils Camera-Free Ray-Bans, Lightweight VR Glasses and Muse AI Hardware at Connect 2026
Meta used its Connect 2026 conference to announce a broad hardware refresh spanning smart glasses, a new VR headset and a dedicated AI device, with the Muse AI agent running through all of…