
Robinhood Takes Stakes in Crypto.com, OG.com in $20B Prediction Deal
Robinhood (HOOD) will hold a stake in Crypto.com and OG.com, valued at $5B, to power its prediction markets.
Daily Digest
Daily Digest
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Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Robinhood (HOOD) will hold a stake in Crypto.com and OG.com, valued at $5B, to power its prediction markets.

10-year Treasury yield (^TNX) hits 4.84%, a 3-year high, after Bessent's $6B buyback disappoints.
Lithium Americas (LAC) rose 6% Wednesday after JPMorgan set a $6 target, implying about 100% upside.
Stryker (SYK) shares fell 8.8% to a 52-week low after supply and manufacturing woes persist into Q4.

Meta (META) shares hit $654.68 as Mizuho and KeyBanc issued $750+ price targets on its new Muse AI agent.

South Korea (EWY) faces US demands to expand its $350B pledge before a Sept 17 Assembly briefing on the deal.

Lumentum (LITE) shares closed up 11% at $978.54 as AI data center demand lifted optical stocks.

Casey's General Stores (CASY) fell 18% as inside sales growth slowed to 3.2%, despite a Q1 beat.

ServiceTitan (TTAN) shares fell 18% Wednesday after weak Q3 guidance and a sales-chief exit.

Signet Jewelers (SIG) stock jumped 14% after Q2 adjusted EPS of $2.19 topped estimates and guidance rose.

Wistron (3231.TW) priced a $1.47B GDR sale to fund raw materials for its AI server business.

Strategy (MSTR), formerly MicroStrategy, skipped bitcoin buys to repurchase $176M of STRC preferred shares.

Intel (INTC) shares jumped as much as 9.6% after reports it will raise PC CPU prices about 10% starting in October.

Advanced Micro Devices (AMD) shares rose 6% to $506 after raising its 2030 AI market forecast to $2 trillion.
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