According to CNBC, shares of Pacific Gas & Electric (PG&E) and Edison International slumped 19% and 24%, respectively, after California lawmakers blocked a proposal that would have limited the amount individuals could seek from utilities whose equipment ignited wildfires; several Wall Street analysts subsequently downgraded the stocks, with Mizuho noting investors are better-positioned in utilities with fewer wildfire liability issues. Apple slid nearly 2% after Bloomberg reported, citing people familiar, that App Store and product events leader Phil Schiller would step down while remaining at the company on unnamed initiatives, a day before John Ternus takes the helm succeeding Tim Cook. Science Applications International (SAIC) rose 4% after raising its full-year forecast to adjusted earnings of $10.65 to $10.75 per share, up from $9.90 to $10.10, and revenue of $7.2 billion to $7.3 billion. Howmet Aerospace tumbled more than 8% after SpaceX CEO Elon Musk said the company would cast turbine blades and vanes in-house. Herbalife dropped 13% after saying CEO Stephan Gratziani will leave effective Oct. 31, with finance chief John DeSimone as interim CEO, while reaffirming full-year revenue growth guidance of 2.5% to 5.5%. Aon fell more than 7% after agreeing to buy USI Insurance Services from KKR for $17 billion. Energy stocks including Halliburton, Chevron, Exxon Mobil, Valero Energy and Occidental Petroleum rose roughly 1% as U.S. oil prices gained more than 2% after the U.S. and Iran exchanged strikes. Eli Lilly fell more than 1% after agreeing to buy Merida Biosciences for $2.9 billion in cash. Pinterest was off 6% after CFO Julia Brau Donnelly said she will leave at the end of October, with Vikram Naidu named interim financial officer. GameStop jumped 3% after reporting preliminary second-quarter results. Deere and AGCO rose more than 3% after a Baird upgrade to outperform.

US refining margins for making diesel from crude oil surged to a new record above $106 a barrel Tuesday as the global fuel crunch showed few signs of easing, according to Bloomberg. The move marks the highest level on record for diesel margins in the US.

According to Jin10, U.S. Treasury Secretary Bessent pointed to the role of yen depreciation in Japan's domestic inflation pressures.

Partners Group Chief Executive Officer David Layton told Bloomberg Open Interest his move to chief investment officer does not signal trouble at the private-markets firm, according to Bloomberg. Layton said the leadership shake-up is not tied to redemption pressure, said the firm is gaining fundraising share despite an industry slowdown, and said elevated evergreen-fund redemptions could continue for another 12 to 18 months.

According to Wallstreetcn, the MSCI Nordic Countries Index fell 0.6% to 400.27, its lowest closing level since August 20, with industrials posting the biggest decline among the 10 sectors and defense stock Saab falling 3.3% as the worst performer among Nordic stocks.

Airbnb Inc. has replaced its chief business officer with a former executive from Tripadvisor Inc. and Booking Holdings Inc., according to Bloomberg. The company is seeking to expand beyond home-sharing into new travel segments.

According to Jin10, Google (GOOG.O) will move its Google Meet hardware product line to the Android platform.

According to Wallstreetcn, Google will fully shift its Google Meet hardware product line to the Android platform, launch Android large-screen devices for Google Meet in 2027, and work with Logitech, Neat, and HP Poly on its Android strategy.

On September 1st, Robinhood Chain, the public blockchain launched by Robinhood in July of this year, saw its daily transaction volume surge to a record high of $1.43 billion. This increase in transaction volume began to be directly reflected in Uniswap's balance sheet.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

CEX, Dissecting the Liquidity Flywheel: How Trading Platforms Thicken Their Moats Layer by Layer (Golden Finance, How Does a Trading Platform Grow?)

The yields of stablecoins under different lending protocols are compared with those of short-term government bonds and more volatile crypto assets.

Meituan AI has found its own battlefield, deeply embedding AI into its own ecosystem to improve operational efficiency.

On September 1, 51-year-old John Ternus officially became Apple's eighth CEO.

On a Sunday night in August, a US stock was bought for $132.64 on the blockchain.

The on-chain gold rush on Robinhood Chain is intensifying, with stock memes becoming a new hot trend, attracting increasing attention from market funds and traders.

With its distribution advantages, proprietary AI, and on-chain clearing, software is reshaping the future of banking.

At the close of trading on Thursday, August 27, PayPal was trading at $61.47, nearly a dollar higher than the $60.50 per share offered by Stripe and Advent.