Oracle issued a force majeure notice linked to its New Mexico data center project and is seeking to delay related payments, fueling concerns over cost overruns and delivery delays. Debt tied to the project totals $18 billion and has come under pressure in the secondary market. Oracle shares fell about 5% on Thursday.

GameStop CEO Ryan Cohen increased his stake by 1.15 million shares at an average price of about $22.94 per share, taking his direct holdings to 40.498 million shares. Director Alain Attal also bought 17,500 shares, adding to a wave of insider purchases. The concentrated buying has put GME back in focus for near-term trading, but weakening revenue trends and potential share dilution remain key concerns.

SoFi Technologies said stablecoin settlement is now live across SoFi Bank’s debit and credit card program, using Mastercard’s network and moving its card settlement toward SoFiUSD. The company said the setup extends SoFiUSD-based payments to merchants, with a target of covering more than $25 billion in payment volume. Membership reached 15.8 million, and lending adjusted net revenue rose 59% year over year. Analysts tracked by TipRanks have an average 12-month price target of $20.67, implying about 22% upside versus Monday’s close.

AMD shares climbed as much as 9% intraday on Monday to a record $613.92, briefly pushing the company’s market capitalization above $1 trillion. The move makes AMD the fourth U.S. chipmaker to reach the milestone, after Nvidia, Broadcom and Micron. Investors have been backing AMD’s expanding role in AI computing, with the company stepping up launches of its MI300 and MI400 chips to challenge Nvidia’s lead. Goldman Sachs has also raised its price target on the stock.

Wendy’s shares fell 3.58% on Friday to close at $6.74, leaving the stock near its 52week low. The move followed a Chapter 11 bankruptcy filing by Meritage Hospitality Group, one of the chain’s largest franchise operators. Meritage reported a 48% drop in 2025 storelevel EBITDA and said it owes about $24.9 million in deferred franchise fees. Wendy’s subsequently withdrew its fullyear 2026 outlook.

U.S. stocks fell across the board, with the Dow down 0.3%, the S&P 500 off 0.5% and the Nasdaq down 0.8%. Oil prices climbed, with Brent rising to around $105 a barrel and WTI moving above $100, adding to inflation concerns. Treasury yields also rose, with the 10-year up 8 basis points to 4.91% and the 30-year reaching 5.35%, setting fresh highs for the period.

A Xiaomi executive warned that smartphone prices will continue to rise in 2026 as the global chip shortage persists. Company data show the average replacement cycle has stretched from 9–12 months in 2017 to about four years, influencing development priorities for new devices such as the Redmi Note 17. The company said wider use of financing options is also reshaping how consumers buy phones as prices climb.

Donald Trump warned he would stop trading with countries where the United States runs a trade deficit if the Federal Reserve does not cut interest rates. He urged the central bank to lower rates immediately and said the U.S. should have the lowest interest rate in the world. With inflation and housing costs elevated, a Gallup Research poll in August found 74% of Americans think the economic outlook is worsening, up from 63% a year earlier.

Uber said it will cut around 3,300 jobs, equal to roughly 10% of its global workforce. The company also plans to reduce its number of managers by about 20%. The restructuring is aimed at cutting costs and increasing investment.