CLOSING BELL
U.S. Markets
  • S&P 500-0.26%
  • Nasdaq Composite-0.50%

Growth names took the harder hit into the weekend, with the Nasdaq down 0.50% while the S&P 500 held up better. That gap is the market repricing a September Fed hike that was unthinkable a month ago.

THE IPO WIRE
Electra Therapeutics, Inc.ETRA · Nasdaq

Electra Therapeutics files S-1 for a Nasdaq IPO under ETRA

Electra Therapeutics filed its S-1 to list on Nasdaq, with Jefferies, TD Cowen, Evercore ISI and Cantor running the book. Terms and deal size are not set yet, so the pricing amendment is the next thing to watch.

Source: SEC filing
Stock picks

Western Digital Just Dropped 13% in a Month. Is It Time to Sell?

Western Digital has surged 168% this year while peers in flash and DRAM keep climbing, yet WDC stock just shed 13% without a single company-specific headline to explain it. Something inside the storage market is shifting, and the answer changes whether this dip is a gift or a wa…

Earnings on deck — Aug 31–4
79 companies37 before open42 after close

Seventy-nine companies report next week, and Tuesday morning does the heavy lifting: NIO and Medtronic both deliver before the open, one a read on Chinese EV demand, the other on medtech spending. Monday starts quieter with SAIC and a run of small-cap international names.

  • SAICScience Applications International CorporationMon Aug 31Before open
  • BLRXBioLineRx Ltd.Mon Aug 31Before open
  • LXLexinFintech Holdings Ltd.Mon Aug 31Before open
  • NEXCFNextech3D.ai Mon Aug 31Before open
  • PLSMPULSENMORE LTDMon Aug 31Before open
  • SYSo-Young International Inc.Mon Aug 31Before open
  • CANGCango Inc.Mon Aug 31After close
  • PXSPyxis Tankers Inc.Mon Aug 31After close
  • NIONIO Inc.Tue Sep 1Before open
  • SSLSasol LtdTue Sep 1Before open
  • RZLVRezolve AI plcTue Sep 1Before open
  • MDTMedtronic plcTue Sep 1Before open
  • MMEDMiniMed Tue Sep 1Before open
  • HMRHeidmar Maritime Holdings Corp.Tue Sep 1Before open
  • YEXTYext, Inc.Tue Sep 1Before open
Biggest dividend payouts · Aug 28
VISNVistance Networks, Inc.
$1.2B$5.00 per share
  • 2TMUST-Mobile US$1.02/sh$1.1B
  • 3EBAYeBay$0.31/sh$138M
  • 4COLBColumbia Banking System$0.37/sh$105M
  • 5MCHBMechanics Bancorp$0.25/sh$55.1M

Vistance Networks leads today's payments with $1.15 billion going to shareholders. T-Mobile is close behind, with eBay, Columbia Banking System and Mechanics Bancorp rounding out the list.

Crypto

ETFs Poured $28 Million Into XRP As Price Dropped

XRP spot ETFs took in $28.14 million in net inflows on Aug. 26, 2026, described as the strongest single day in more than seven months, according to Coinpedia. On the same day, the wrapper that houses much of that flow is falling. The Bitwise XRP ETF (NYSE:XRP) traded at $15.64 a…