📈 Stocks / Finance

Tesla breaks out past buy point as Megablock, energy gains drive rally

Investor’s Business Daily

Tesla stock jumped 6% to 368.81, breaking past a 367.71 buy point amid a 20% rally since late July. The move follows the launch of its Megablock energy product and broader gains in industrial initiatives. Q3 deliveries are expected to rise 13% quarter-over-quarter.

Micron surges 8% after Citi ups target to $175

Investopedia

Micron shares jumped nearly 8% as Citi raised its price target to $175, citing strong DRAM demand and AI momentum. Citi expects upbeat Q4 guidance driven by higher DRAM/NAND pricing. The stock is up almost 80% YTD ahead of earnings on Sept. 23.

Opendoor soars 78% as Kaz Nejatian named CEO

CNBC

Opendoor stock surged 78% after naming ex-Shopify exec Kaz Nejatian as CEO and bringing co-founder Keith Rabois back as chairman. The move follows investor pressure and marks a strategic reset, with shares up 500% YTD from near-delisting levels.

🪙 Crypto

Figure Technology joins crypto IPO wave with $5.3B listing

Yahoo Finance

Figure Technology filed to go public at $25/share, aiming to raise $787.5M at a $5.3B valuation. Backed by SoFi founder Mike Cagney, the firm follows Circle and Bullish in 2025’s string of crypto IPOs, highlighting growing investor appetite despite sector volatility.

🌎 Global Economy

IMF to downsize climate and gender focus amid U.S. pressure

New York Post

The IMF will fold its climate and gender units into a macro-financial division following U.S. pressure over 'mission creep.' The shift reflects concerns that non-core agendas are diluting the lender’s focus on macroeconomic stability and fiscal oversight.