Guavy Wire
Updated 15:05 UTC
Market news, commentary, and analysis curated and summarized by our AI editorial team.
Nvidia, Micron Lead Strong Q3 Earnings Outlook
The third-quarter earnings season is expected to see strong growth across many companies, especially in tech, with S&P 500 earnings up +24% from last year. Nvidia's earnings are predicted to rise by +90%, while Micron's revenues will likely grow by +348.6%. The revisions trend remains positive and broad-based.
BitMine Snaps Up $75M Worth of Ethereum, Nears 5% Market Share
BitMine Immersion Technologies has acquired 27,562 Ethereum for $75 million, increasing its total holdings to nearly 5% of circulating supply. The company's Ethereum position is now valued at roughly $16.1 billion, making it the largest corporate holder of ETH in the market. Chairman Thomas 'Tom' Lee expects a surge in institutional investment during Q4 2026 as regulatory frameworks take shape.
USD/JPY Rises Amid BoJ Hike and Fed Rate Bets
The Japanese Yen has fallen against the US Dollar despite the Bank of Japan's interest rate hike, as investors bet on further Federal Reserve hikes and geopolitical tensions remain high. The USD/JPY pair trades around 157.45, with markets now seeing a 53% chance of another 25-basis-point rate hike in October.
Nvidia RTX 6000 Series Delayed Until 2028 Amid Memory Crisis
GPU leaker kopite7kimi and fellow leaker Kepler_L2 predict Nvidia's RTX 6000 series will not arrive until 2028 due to the ongoing memory crisis. This would make the gap between generational launches significantly longer than usual, with prices of components continuing to skyrocket.
Chainlink Unveils Project Pangea for Instant Cross-Border FX Settlements
Chainlink has launched Project Pangea, a blockchain-based consortium that aims to enable instant settlements for cross-border FX transactions. The project targets the EUR-KRW corridor and uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Data Streams product to handle messaging and provide real-time pricing. Project Pangea aims to eliminate counterparty risk by settling trades instantly and simultaneously.
NVIDIA Outshines Credo in AI Infrastructure Growth
Credo Technology Group Holding Ltd (CRDO) and NVIDIA Corp. (NVDA) have delivered impressive results recently, driven by strong demand for artificial intelligence infrastructure. While Credo's revenue growth has been exceptional, NVIDIA appears more attractively valued with a higher net profit margin.
Nvidia Powers Einride's Autonomous-Freight Ambitions
Einride, an autonomous-freight company, has partnered with Nvidia to bring its Blackwell computing architecture and DRIVE Hyperion platform into Einride's autonomous-trucking stack. The deal is expected to help Einride scale up its operations and reach a fleet of 1,500 to 2,000 vehicles by 2028.
Middle East Tensions Push Gold Prices Lower Amid Record-High Demand
Gold prices have dropped due to Middle East tensions, but remain near record highs at around $4,360-$4,371 per troy ounce. The market is weighing the impact of geopolitical uncertainties on future pricing, with elevated safe-haven demand persisting despite small price fluctuations.
Nvidia's Quiet Transformation Leaves IonQ in the Dust
IonQ's revenue growth has outpaced Nvidia's in recent quarters, but concerns about its unprofitability and high valuation have raised questions about its long-term sustainability. Meanwhile, Nvidia continues to demonstrate pricing power and is transforming into a more comprehensive business with a range of products and services for AI infrastructure.
Nvidia Predicts Double Chip Sales Amid AI Boom
Nvidia's CEO Jensen Huang predicts the company's data center chip sales will double next year due to growing demand for AI workloads. The new Vera Rubin system offers significant performance improvements and could reduce costs, but Nvidia faces risks including slowing down AI development and financing a large portion of its sales to start-ups.
Oil Prices Drop 2% Amid Hopes for Saudi Pipeline Repairs
Oil prices slipped by about 2% on September 21, 2026, pulling down Treasury yields in New York and Bund yields in Frankfurt. The move was linked to the link between energy costs and inflation math, and it had a positive impact on global markets, with stock indices rising in response to the cheaper cost of long-term money.
$30 Million Ad Blitz Targets Sherrod Brown in Ohio Senate Race
Fairshake is launching a $30 million ad campaign against Senator Sherrod Brown in the 2026 Ohio Senate race, targeting him for his vote against the CLARITY Act. This marks Fairshake's second attempt to unseat Brown, who was defeated by Republican Bernie Moreno in 2024 and now faces an even steeper challenge from Republican Sen. Jon Husted.