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Bitcoin rises for third week, hitting highest since May amid dollar weakness and bond moves

Market News
04 Sep 2026
CNBC
View Source
Bullish
Bitcoin rises for third week, hitting highest since May amid dollar weakness and bond moves

Bitcoin is set for its third consecutive weekly gain, rising 4.6% this week and reaching $82,272.31, its highest since May 11. The surge follows a break above $70,000 in late August, driven by a renewed 'debasement trade' where investors shift from dollars to assets like crypto and gold. This trend was supported by U.S. Treasury moves to buy longer-dated bonds, which weakened the dollar and boosted Bitcoin and gold prices. Other cryptocurrencies like Ether and Solana also saw notable price increases recently.

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UiPath posts strong Q2 but faces cautious outlook due to AI competition and insider selling

UiPath posts strong Q2 but faces cautious outlook due to AI competition and insider selling

UiPath reported strong fiscal Q2 results with $410.26 million revenue and 12% ARR growth, beating estimates. However, analyst caution arises from its high valuation, modest growth compared to AI-focused peers, and recent insider selling by CEO and ex...

Company Fundamentals
Neutral
3 hours ago
Investigation launched into Dick's Sporting Goods over Foot Locker earnings miss and stock drop

Investigation launched into Dick's Sporting Goods over Foot Locker earnings miss and stock drop

Block & Leviton is investigating Dick's Sporting Goods for potential securities violations related to its Foot Locker acquisition. The investigation follows Dick's earnings miss and a sharp cut in its full-year profit forecast due to Foot Locker's un...

Market News
Bearish
4 hours ago
Cyabra to present AI-driven digital trust solutions at Moody Capital 2026 conference in NYC

Cyabra to present AI-driven digital trust solutions at Moody Capital 2026 conference in NYC

Cyabra, an AI-powered platform company focused on detecting digital manipulation, will present at the Moody Capital Solutions 2026 Disruptive Growth & Life Sciences Conference in New York City on September 10, 2026. CEO Dan Brahmy will discuss Cyabra...

Market News
Bullish
4 hours ago
Choice Hotels CEO to speak at Bank of America Gaming and Lodging Conference on Sept 9, webcast live.

Choice Hotels CEO to speak at Bank of America Gaming and Lodging Conference on Sept 9, webcast live.

Dominic Dragisich, President and CEO of Choice Hotels International, will deliver remarks at the 2026 Bank of America Gaming and Lodging Conference on September 9 at 11:30 am ET. The event will be webcast live and accessible through Choice Hotels' In...

Market News
Neutral
4 hours ago
Docusign opens AI-powered agreement engine to all agents, integrating contract workflows into major platforms.

Docusign opens AI-powered agreement engine to all agents, integrating contract workflows into major platforms.

Docusign announced it will open its Model Context Protocol (MCP) Server to all AI agents starting September 30, enabling native access to its AI-powered agreement intelligence and workflow engine, Docusign Iris. This integration allows AI agents on p...

Market News
Bullish
4 hours ago
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