According to CNBC, Inside Edge Capital founder Todd Gordon said refining and marketing stocks may be due for a pullback as the crack spread has weakened, even after the group posted a 108.7% return. He said the VanEck Oil Refiners ETF (CRAK) has outperformed the underlying spread, while three refiners — Marathon Petroleum (MPC), Valero Energy (VLO) and Phillips 66 (PSX) — accounted for 15.8% of the Energy Select Sector SPDR Fund's weight and contributed 17.2 percentage points of the fund's 48.5% total return. Gordon also said West Texas Intermediate crude was pushing back above $90, the 2-year yield and fed fund futures spread had widened to 64 basis points, and the market was pricing a 68.2% chance of a rate hike at the Sept. 16 meeting and a 97% chance of a 25 basis point hike by Oct. 28. He said he is looking to add ConocoPhillips (COP), which he said was breaking out through $135 and had just printed $136.19.

According to Jin10, the Federal Reserve's Beige Book said U.S. economic activity has grown moderately since early July, with 10 of the 12 Federal Reserve districts reporting slight to moderate growth and two districts unchanged. Consumer spending rose slightly, but consumers became more price-sensitive, while high-end spending remained strong; auto sales were weak due to soft confidence, high oil prices, and rising financing costs. Manufacturing activity recovered in most districts, with some saying demand for defense and data center-related orders was strong. Job growth slowed and was only slight overall, with labor demand relatively firm in manufacturing and construction but weaker in retail and hospitality. Most districts reported moderate price increases, and cost pressures from energy, transportation, raw materials, and tariffs remained. Businesses expected the overall economic outlook to stay broadly positive, while remaining focused on uncertainty from energy prices, policy, and international conflicts.

According to CNBC, Oracle is set to report earnings the day after OpenAI Foundation's presentation at the Goldman Sachs Communications & Technology conference, with investors closely watching the company’s role in the AI infrastructure buildout. Wall Street has 42 Buy ratings, eight Holds and one Sell on the stock, while expectations call for about 28% constant-currency revenue growth and adjusted EPS growth of about 18.5%. Oracle management is guiding for 27% to 29% overall revenue growth this quarter, and options imply a move of more than 10% by the end of next week. The article also outlines a September/January strangle swap on ORCL around the mid-$140s, involving selling the September 25 weekly 125/167.50 strangle and buying the January 115/195 strangle for a net debit of roughly $8.30.

Binance founder Changpeng Zhao posted Wednesday that some "hot money" is flowing back from AI into the crypto market, adding that the financial industry will not disappear — both individuals and AI will still need funding in the future. 

Crypto super PAC Fairshake has helped about 50 candidates win nominations as the U.S. primary season nears its end, including Democratic U.S. Representative Jake Auchincloss of Massachusetts and Republican candidates Barry Moore of Alabama, Andy Barr of Kentucky, Kevin Hern of Oklahoma, and Harriet Hageman of Wyoming. According to ChainCatcher, prediction markets Polymarket and Kalshi show these candidates generally have more than a 94% chance of winning in the general election. Fairshake spokesperson Geoff Vetter said the group has set aside $122 million for the fall election. According to ChainCatcher, Fairshake also suffered its biggest setback in Illinois, where it spent more than $10 million in an unsuccessful effort to block Democrat Juliana Stratton from winning the nomination. Separately, Fellowship PAC, backed by Cantor Fitzgerald and Anchorage Digital, has spent about $11 million, far below its previously stated $100 million target. The Digital Freedom Fund, funded with $21 million by the Winklevoss brothers, has not yet backed any specific candidates.

According to Wallstreetcn, Argentina's Foreign Minister Pablo Quirno said on September 2 that Argentina must use all available means to assert sovereignty over the Falkland Islands, which Argentina calls the Malvinas Islands, and that President Javier Milei will address the issue in a nationwide television speech on the night of September 3.

European stocks declined as traders watched elevated oil prices and bond yields amid renewed fighting in the Middle East, according to Bloomberg. The move reflected nervousness about the inflation outlook.

According to Jin10, U.S. Treasury Secretary Bessent said to buy back long-dated bonds with poor liquidity, adding that Treasury buybacks are intended to eliminate "bad outcomes."

According to Axios, a new Gallup survey found that 89% of U.S. adults say government corruption is widespread, the highest level in 20 years and up 10 points from last year. The share is well above the 72% to 79% range seen between 2010 and 2025, with Democrats driving much of the increase to 91% this year from 76% in the first year of President Trump's first term and 57% in 2024, while about 90% of independents now say corruption is widespread, up 12 points from 2024. Axios also reported that Republicans have held a steadier view, with about eight in 10 saying corruption is widespread, roughly in line with 2024. Gallup said the U.S. now ranks highest on perceived corruption among OECD countries, where the median share saying corruption is widespread has fallen from 69% in 2009 to below 60% since 2022.

On September 2, Robert Kiyosaki, author of "Rich Dad Poor Dad," revealed on a podcast that he was "1.2 billion dollars in debt," which attracted widespread attention in the market.

With the road construction over, Ethereum has finally begun to address the on-chain experiences that drive ordinary people crazy.

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.

Bitcoin Asia has ended, and three key signals emerge: Bitcoin is shifting towards becoming a global payment reserve; RWA holders are increasing by 440% monthly; and AI agents are automating settlements using crypto. The industry is no longer asking when prices will rise, but rather who is truly using the technology.

Unlike Bessant's "interventionism," Warsh acted with extreme restraint. Faced with the challenge of persistently high long-term yields, Bessant's toolbox was far from exhausted, and once fully unleashed, its impact on the market would be no less than that of monetary policy.

For Robinhood Chain, the wealth-generating effect of memes and high APR can be the first spark to attract traffic and funds, but to keep this spark burning, it ultimately needs real transaction demand and sustainable ecosystem value.

Regardless of whether Warsh is in office, the long-term policy pressure on the Federal Reserve will remain on interest rate cuts. Of course, Warsh's announcement of abandoning forward guidance has essentially pushed the policy framework itself into a state of ambiguity.

This article outlines the main protocols currently used in Robinhood Chain and provides an overview of its ecosystem.

AMM was born out of the technical constraints of low throughput and high order modification costs in the early days of blockchain, but it has become one of the most important innovations in transaction mechanisms in the past decade.

Ethena needs a sufficiently hot stock perpetual contract market to achieve high returns, but its entry into the market itself may erode those high returns.