U.S. stocks opened lower on the first trading day of September, with the Dow Jones Industrial Average falling 0.64%, the S&P 500 declining 0.71%, and the Nasdaq dropping 1.31%. The Philadelphia Semiconductor Index briefly fell more than 3%. According to BlockBeats On-chain Detection, Intel and Qualcomm fell nearly 3%, while AMD and Meta dropped more than 2%. Tesla, Alibaba, and Nvidia also declined by nearly 2%. The main pressure on markets came from rising oil prices and global bond yields. Brent crude briefly climbed above $92 per barrel, as investors worried that tensions in the Middle East and disruptions to shipping through the Strait of Hormuz could lift energy prices and inflation, while also strengthening expectations for further Federal Reserve rate hikes. CME FedWatch showed that the probability of a 25 basis point rate increase in September to a range of 3.75% to 4.00% had risen to 66%. Paul Ciana, a technical strategist at Bank of America, said the S&P 500's upward breakout that began in August remained intact as long as the index held 7,500 points. He added that RSI and MACD had not confirmed recent price highs, suggesting that upward momentum was weakening. Ciana said seasonal headwinds, election uncertainty, and rising front-end U.S. Treasury yields were creating greater challenges for the market, and that higher yields increased the risk of stocks entering a consolidation phase rather than accelerating higher. Matt Maley, a strategist at Miller Tabak, also warned that stocks had previously been able to ignore rising yields, but that did not mean the pressure from high yields would not eventually emerge. JPMorgan, however, said rising yields may not become an obstacle that a bull market cannot overcome, as they could reflect stronger economic activity momentum.

According to Wallstreetcn, Bank of America said hyperscalers and rising interest rates may curb the size of September U.S. investment-grade bond sales.

According to CNBC, Tropical Storm Edouard was expected to strengthen significantly and could reach hurricane force Tuesday as it moved toward the Gulf Coast, where heavy rain and flooding were possible in parts of Texas and Louisiana. The National Hurricane Center said the storm was upgraded Monday night from a tropical depression and was expected to make landfall in Texas later on Tuesday before rapidly weakening. Tuesday morning, Edouard was about 40 miles south-southeast of Cameron, Louisiana, and 70 miles east-southeast of Port Arthur, Texas, with maximum sustained winds of 40 mph while moving west-northwest at 8 mph. Tropical storm warnings, hurricane watches, storm surge warnings and flood watches were issued for the western Gulf Coast. The hurricane center said Edouard was expected to dump 3 to 6 inches of rain along the Texas coast through east-central Texas, with some areas seeing up to 9 inches, while southwestern Louisiana was expected to get lesser amounts. Flash flooding was likely in low-lying and urban areas, and a storm surge of 3 to 5 feet was possible along a stretch of coastline around the Texas-Louisiana border. Texas Gov. Greg Abbott said flooding was the biggest expected problem, and Orlando Alanis of the Texas Division of Emergency Management said Texas was prepared.

According to Jin10, Iranian Parliament Speaker Qalibaf said Iran will undoubtedly respond militarily if the U.S. siege intensifies.

According to Wallstreetcn, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said the United States wants to violate the memorandum of understanding and let ships pass through the southern route of the Strait of Hormuz, but Iran will never allow it.

Brightspeed, the broadband provider backed by Apollo Global Management Inc., said there is substantial doubt about its ability to continue as a going concern as it seeks financing to meet looming debt obligations, according to Bloomberg. The company also said revenue has declined.

A large number of X accounts are receiving unsolicited password reset emails, with attackers reportedly using publicly available usernames to trigger password reset forms in bulk. According to ChainCatcher, there are no confirmed signs that the system has been breached or that accounts have been taken over on a large scale. Grok advised users to enable Password Reset Protect under Settings and privacy > Security and account access > Security, turn on two-factor authentication, and ignore the emails without clicking any links.

On August 28, Eli Lilly said the U.S. Food and Drug Administration (FDA) approved a new indication for tirzepatide, a GIP/GLP-1 receptor agonist, to reduce the risk of major adverse cardiovascular events in adults with type 2 diabetes who have elevated cardiovascular risk, according to Jiemian News. The approved use covers the risk of cardiovascular death, nonfatal heart attack, or nonfatal stroke.

On September 1st, Robinhood Chain, the public blockchain launched by Robinhood in July of this year, saw its daily transaction volume surge to a record high of $1.43 billion. This increase in transaction volume began to be directly reflected in Uniswap's balance sheet.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

CEX, Dissecting the Liquidity Flywheel: How Trading Platforms Thicken Their Moats Layer by Layer (Golden Finance, How Does a Trading Platform Grow?)

The yields of stablecoins under different lending protocols are compared with those of short-term government bonds and more volatile crypto assets.

Meituan AI has found its own battlefield, deeply embedding AI into its own ecosystem to improve operational efficiency.

On September 1, 51-year-old John Ternus officially became Apple's eighth CEO.

On a Sunday night in August, a US stock was bought for $132.64 on the blockchain.

The on-chain gold rush on Robinhood Chain is intensifying, with stock memes becoming a new hot trend, attracting increasing attention from market funds and traders.

With its distribution advantages, proprietary AI, and on-chain clearing, software is reshaping the future of banking.

At the close of trading on Thursday, August 27, PayPal was trading at $61.47, nearly a dollar higher than the $60.50 per share offered by Stripe and Advent.