Wall Street ended the week on a cautious note as markets dipped, tech stocks faltered, and investors braced for fresh inflation data. 

Beyond the markets, political and corporate drama dominated headlines from Trump’s unprecedented attempt to oust a Fed governor and a court ruling against his tariffs, to Nvidia’s blockbuster earnings and Elon Musk’s latest clash with regulators.

A glance at the biggest stories that captured attention this week. 

Tech drags as investors play safe

Wall Street had a crazy week, with mixed signals making things a bit uncertain. The main indexes were all down: the Dow Jones fell 92 points, the S&P 500 slipped 0.6%, and the Nasdaq dropped 1.2%. 

The tech sector took the biggest hit, with big names like Nvidia, Super Micro Computer, and Broadcom pulling things down as investors got a bit defensive before new inflation numbers came out.

Instead of big tech, investors seemed to prefer safer bets. 

Consumer staples and value stocks did better, a clear sign of the cautious mood as the market heads into September, which is often a tough month.

There were some interesting individual movers, too. Keurig Dr Pepper took a big hit after announcing an acquisition, while Deckers Outdoor had a good week thanks to some new product launches. 

Regional banks and chipmakers had a mixed performance, with investors trying to balance the good news from Fed Chair Jerome Powell’s dovish comments against. 

Trump vs. the Fed

The Fed vs White House showdown climbed to a different level this week as US President Donald Trump ordered the removal of Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud as the reason for her dismissal. 

This marked the first time a sitting president has attempted to remove a Federal Reserve governor in the institution’s 112-year history. 

Trump claimed he had constitutional authority to act, accusing Cook of making misleading statements regarding mortgage agreements. 

Cook denied the allegations and pushed back against Trump. She filed a lawsuit seeking to block her termination while claiming that the President doesn’t have the legal authority to remove her.

The lawsuit argues her firing violates federal law, which requires “cause” for removal, a standard generally interpreted as serious misconduct. 

The case threatens to challenge longstanding Federal Reserve independence and could reach the Supreme Court, potentially revisiting a historic 1935 decision protecting independent agencies. 

Trump’s move is seen as an attempt to increase control over the central bank, intensifying political tensions. 

The White House defended the firing, while economists and officials caution that such interference risks economic stability. Cook remains on the board pending court proceedings. Read full report here

AI demand powers Nvidia’s record quarter

Nvidia had a fantastic second quarter, blowing past expectations with $46.7 billion in revenue. That’s a huge jump, up 56% from this time last year and 6% from the last quarter.

The company’s earnings per share (EPS) were also strong at $1.04, beating the $1.01 forecast. 

The real story here is the data center business, which saw a massive 56% growth. This is Nvidia’s bread and butter right now, thanks to the soaring demand for AI infrastructure.

The company’s gross margin held strong at 72.4%. CEO Jensen Huang pointed to the rapid adoption of their new Blackwell AI platform as a key driver behind the AI boom.

Despite all the good news, some analysts were expecting even more from the data center revenue, which caused a slight dip in the stock after hours.

Looking ahead, Nvidia is optimistic, forecasting about $54 billion in revenue for the third quarter. 

However, this doesn’t include potential shipments of their H20 chips to China, a situation complicated by ongoing regulations. Read full report here

SEC accuses Musk of late Twitter disclosure

In another Musk vs US administration saga, Elon Musk is pushing back against the SEC. 

On Thursday, his legal team filed a motion to dismiss a lawsuit from the US Securities and Exchange Commission, which claims he was late in reporting his stake in Twitter back in 2022.

The SEC alleges Musk waited 11 extra days to reveal his initial 5% ownership, allowing him to snap up more shares at a lower price and pocket $150 million.

Musk’s lawyers argue the delay was simply a mistake and was fixed quickly. 

They insist there was no intent to mislead anyone or harm investors. His filing goes even further, accusing the SEC of overstepping its authority and unfairly targeting him, calling the lawsuit a waste of the court’s time. 

Ultimately, Musk is asking the court to throw the case out entirely.

Court curbs Trump’s tariff powers

In the latest blow to President Donald Trump, a US appeals court on Friday ruled that most of his tariffs are illegal. 

In a 7-4 decision, the court said Trump overstepped his authority under a law meant for emergency economic powers, arguing that the power to impose tariffs belongs to Congress, not the President.

The ruling strikes down the “reciprocal” tariffs he had placed on many countries, including a 10% blanket tariff on nearly all U.S. trading partners.

While the ruling is a significant setback, the tariffs won’t disappear immediately. 

The court has given the Trump administration until October 14 to appeal to the Supreme Court. 

Trump has already vowed to fight the decision and says he expects the Supreme Court to rule in his favor. Read full report here

The post Weekly wrap: markets wobble, Trump battles Fed, Nvidia smashes records, Musk faces SEC heat appeared first on Invezz

According to papers released late Friday, an Elliott Investment Management affiliate has emerged as the preferred winner in the long-running US court-supervised auction of shares in Citgo Petroleum’s parent company.

Robert Pincus, the court-appointed officer monitoring the process, supported Elliott’s Amber Energy unit’s $5.89 billion offer, despite a competing bid from mining business Gold Reserve with a higher headline value.

The Delaware court-run auction is intended to settle creditors’ claims for restitution of assets expropriated by Venezuela and debts that have gone unpaid for nearly a decade.

If upheld, the recommendation would be a significant step toward resolving problems involving Citgo, the Houston-based refiner long regarded as Venezuela’s most valuable foreign asset.

The bidding race tightens in the last stage.

The battle heated up in the auction’s final days, fuelled by decisions in linked legal cases that drove bidders to revise their offers.

Judge Leonard Stark of the United States District Court in Delaware is likely to reach a final decision during a hearing set for next month.

Amber Energy’s proposal was ruled better earlier this month, prompting the court to grant Gold Reserve’s subsidiary, Dalinar Energy, three days to try to match.

Pincus’ most recent disclosure stated that Dalinar’s amended $7.4 billion submission “did not match or exceed” the Elliott-backed transaction. As a result, he confirmed Amber’s status as the frontrunner.

While acknowledging the Gold Reserve effort, Pincus stated that the court reserves the right to request a new review if “intervening events” occur before Stark issues a ruling.

Distribution of proceeds at stake

Auction proceeds are targeted at a $19 billion group of 15 creditors who have been chasing claims since 2017.

In filings shown in the Amber case, it appears they bid to cover only nine of these creditors, compared with 12 in Gold Reserve’s package.

However, Amber’s offer has its own unique financial deal. It has a separate settlement with over 75% of holders of a defaulted Venezuelan bond linked to Citgo equity, for $2.13 billion in cash.

That side deal could facilitate the unwinding of a large percentage of claims directly related to Citgo’s ownership structure.

Furthermore, Amber has provided the amount of $500 million to Gold Reserve as a partial payment against its expropriated mining properties based in Venezuela.

The filings showed Gold Reserve has not agreed to such an arrangement.

Challenges to the recommendation

Amber’s nomination has been questioned. Gold Reserve, along with creditors Siemens Energy, Consorcio Andino, and Valores Mundiales, filed petitions this week to invalidate Amber’s proposal.

According to the lawsuit, Pincus violated established bidding procedures by judging that Amber’s price was superior.

These motions are still being reviewed, and they may have an impact on how the court handles the final approval process. If successful, they may reopen consideration of competing offers or change the structure of remuneration.

Broader implications for Venezuela’s creditors

The Citgo auction is part of one of the largest enforcement drives against Venezuela in US courts since the extensive defaults and expropriations by the country in the middle of the last decade.

From energy firms to bondholders, creditors have grabbed at Citgo’s value as a source to retrieve losses.

In addition to resolving the question of who will own Citgo, the Delaware proceedings will also decide what role American courts will play when it comes to the topic of asset seizures and defaults related to a sovereign.

Amber’s bid seeks to balance competing claims through how payments to bondholders and other creditors are structured.

The eventual decision from Judge Stark next month will be the key.

In the interim, however, the auction remains an area of ongoing dispute between creditors, investors a nd opposition political parties in Venezuela that have battled to keep control of the refiner while fighting off claims from a wide range of claimants.

At least for the moment, Elliott’s Amber Energy is in line to be declared the winner to obtain control of Citgo’s parent, subject to court approval.

The post Elliott Affiliate recommended as winner in $5.89 billion Citgo auction appeared first on Invezz

Retail stocks have done fairly well since April, as indicated by the “XRT” exchange-traded fund (ETF). Still, R5 Capital founder Scott Mushkin says the second half of 2025 will likely be a different story.

“We don’t like much in retail,” he told CNBC in a recent interview, citing widespread structural and competitive concerns across the sector. But there’s one exception: Dollar Tree Inc (NASDAQ: DLTR).

Dollar Tree shares are already up more than 50% versus the first week of April, but Scott Mushkin continues to see it as a rare bright spot within the retail space, poised for further upside ahead.

Why is Mushkin dovish on retail stocks

Mushkin is keeping bearish on retail stocks for the second half of 2025 because the sector faces a confluence of macro and competitive headwinds.

Inflation ticked up again in August, hitting its highest level since February – squeezing consumer wallets and shifting spending toward essentials.

That’s bad news for discretionary-heavy retailers like Best Buy, which Mushkin says is struggling with “empty stores” and a broken model.

Tariff pressures and the elimination of de minimis exemptions are also expected to raise import costs, especially for low-margin retailers. Meanwhile, Dollar General faces pricing erosion and intensifying competition from Walmart, Amazon, and Dollar Tree itself.

“We think there’s a lot of downward pressure on some of these products,” Mushkin warned, adding that Dollar General’s pricing surveys show it’s “well above Walmart” in key categories.

Why Mushkin likes Dollar Tree stock

Despite his bearish stance on retail, Mushkin is bullish on Dollar Tree stock – and not because of macro tailwinds.

“It really has nothing to do with the tariffs or the macro,” he said, adding his positive view is based primarily on the firm’s long-awaited success in rolling out its multi-price point strategy.

“They’ve stumbled on it until this year,” Mushkin noted, but now sees traction that could drive both traffic and sales.

The strategy allows DLTR to expand its product assortment and compete more effectively with rivals. As budget-conscious consumers seek value, Scott Mushkin believes Dollar Tree is uniquely positioned to benefit.

“That’s kind of the icing on top of the cake,” he added, forecasting rapid earnings growth over the next 12 months.

How to play DLTR shares heading into Q2 earnings

According to Mushkin, the discount retailer will come in ahead of Street estimates for its fiscal Q2 on September 3rd, which he believes will serve as the next near-term catalyst for DLTR shares.

Heading into the company’s earnings release, Wall Street analysts are keeping constructive on the Nasdaq-listed firm as well.

According to The Wall Street Journal, the consensus rating on Dollar Tree stock currently sits at “overweight” with price targets going as high as $143, indicating potential upside of another 30% from here.

The post Why Scott Mushkin doesn’t like anything in retail but Dollar Tree stock appeared first on Invezz

LATAM is establishing itself as a vital hub in the global Bitcoin ecosystem, with new milestones demonstrating both rapid adoption and increasing creativity.

Bitso Business, the B2B unit of Mexican crypto exchange Bitso, wrapped up the 2025 Stablecoin Conference with major announcements.

These included its entry into the Chilean and Peruvian markets and the launch of two stablecoin-powered corporate payment systems.

The event drew over 1,800 people from 43 countries, underscoring the increasing significance of stablecoins in Latin America’s financial landscape.

Bitso’s business expands across LATAM with new stablecoin solutions

Bitso Business, the B2B branch of Mexican cryptocurrency exchange Bitso, successfully concluded the 2025 Stablecoin Conference on Thursday, which drew over 1,800 participants from 43 countries.

Over half of the audience comprised founders, executives, and directors from over 800 organisations.

During the occasion, the firm announced its expansion into Chile and Peru, as well as the debut of two new corporate payment solutions based on stablecoins.

These projects aim to improve cross-border efficiency and lower corporate expenses while capitalising on the region’s increased embrace of digital assets.

One of the most notable features was FXaaS (Foreign Exchange as a Service), a solution that allows institutional clients to incorporate foreign exchange services directly into their platforms.

The solution, which offers competitive rates, real-time dollar availability, and rapid withdrawals, is designed for financial institutions, fintechs, and payment providers looking for speed and cost savings in their operations.

Bitso also launched Pay with Bitso, a crypto payment solution that lets retailers accept digital assets with rapid settlement in fiat or stablecoins.

The platform bridges traditional and digital payment systems while ensuring regulatory compliance.

Argentina expands tokenisation framework with new CNV resolution

The National Securities Commission of Argentina (CNV) has approved General Resolution No. 1081, which expands the country’s Tokenisation Regime to encompass digital representations of listed shares (including dual-listed shares), corporate bonds, and Argentine Deposit Certificates (CEDEAR).

This is the second phase of a regulatory process that began in June 2025 with Resolution No. 1069, which initially permitted the tokenisation of certain real-world assets under a controlled innovation framework.

By broadening the scope to include listed securities, Argentina positions itself at the forefront of regulatory innovation in Latin America, aiming to improve legal clarity for both issuers and investors.

The resolution incorporates feedback from a public consultation and introduces significant updates.

These include allowing Virtual Asset Service Providers (VASPs) to act as depositors with the Central Securities Depository and recognizing investors’ right to switch between digital and traditional representations at any time.

By granting functional equivalence to tokenised securities, the CNV assures that these digital instruments meet high security, traceability, and verifiability standards.

This extension aligns Argentina with worldwide trends, drawing on examples from Brazil and the European Union, as well as El Salvador’s pioneering digital assets law.

El Dorado expands to Bolivia to boost stablecoin adoption

El Dorado, a Latin American peer-to-peer stablecoin payments app, has announced its formal arrival in Bolivia as part of its objective to provide digital alternatives during dollar shortages and to increase financial inclusion in the region.

The site, which is already available in Argentina, Brazil, Colombia, Panama, Paraguay, and Peru, allows users to purchase and sell USDT in bolivianos using over 70 different payment methods such as Yape, Mercado Pago, Pix, and bank transfers.

Bolivia is identified as a critical market by the corporation due to its increasing banking sector and the necessity for dependable alternatives to currency instability and limited access to foreign exchange.

In its first year of operation, the app, which received funding from Coinbase Ventures and Berkeley Skydeck after a successful seed round, had over 200,000 users and one million transactions.

To become the “SuperApp” of stablecoin payments in Latin America, El Dorado intends to onboard a large number of Bolivian users by the end of 2025.

Its interoperability with dozens of payment processors and wallets is marketed as a key advantage, allowing for quick money transfers and lowering obstacles for users across the region.

The post LATAM crypto news: Bitso expands with stablecoin payment solutions as El Dorado enters Bolivia appeared first on Invezz

US stocks, as represented by the benchmark S&P 500 index, have done exceptionally well since the start of 2025. Still, a handful of them are currently in the oversold territory.

For investors, this could mean opportunity, particularly because a few of these oversold names are now flashing buy signals.

Plus, with investors now betting on a possible rate cut in September, technical indicators suggest three heavily sold-off names- Keurig Dr Pepper, Charter Communications, and Hormel Foods – are poised for a significant rebound ahead.

Each has dipped below the critical “30” threshold on the 14-day Relative Strength Index (RSI), a level often associated with oversold conditions and potential upside.

Keurig Dr Pepper Inc (NASDAQ: KDP)

Keurig Dr Pepper has taken a steep tumble, shedding over 17% this week following the announcement to acquire Dutch coffee giant JDE Peet’s in a deal valued at $18 billion.

The market reacted harshly, with HSBC downgrading the stock, citing the acquisition’s hefty price tag and increased leverage.

Analyst Sorabh Daga noted, “We don’t think KDP needed to lever itself up to 6-8x net debt/reported EBITDA to exit the Keurig coffee business.”

Yet, the deal isn’t without merit. The company expects $400 million in cost savings over 3 years and plans to split its beverage and coffee divisions into separate public entities.

With an RSI of 29 and Wall Street analysts projecting a 29% upside on average, KDP shares may be brewing a comeback.

Charter Communications Inc (NASDAQ: CHTR)

Charter Communications, the parent of Spectrum internet services, has seen its shares slide more than 4% this week, continuing a trend of investor skepticism.

Despite secular headwinds, Bernstein recently upgraded the stock to “outperform,” citing its undervalued price.

Analyst Laurent Yoon acknowledged the challenges but remained optimistic: “When something is cheap, it’s cheap for a reason… but we are looking ahead to CHTR’s narrative for ’26.”

With an RSI signaling oversold territory and the mean price target suggesting a potential 54% rally, Charter Communications stock may be nearing a turning point.

If the company can navigate its structural issues, the current weakness could represent a compelling entry point.

Hormel Foods Corp (NYSE: HRL)

Hormel Foods, known for its packaged meats and pantry staples, suffered a sharp 13% drop after disappointing third-quarter earnings.

The miss rattled investors, pushing the stock into oversold territory.

While the results were underwhelming, Hormel’s long-term fundamentals remain intact, supported by its strong brand portfolio and defensive positioning in consumer staples.

The RSI now sits below 30, and analysts see room for recovery as the company adjusts its pricing strategy and cost structure.

For contrarian investors, Hormel stock’s recent plunge may offer a rare opportunity to buy a stable name at a big discount – especially if inflationary pressures ease and margins begin to normalize.

The post These 3 oversold stocks are primed for significant gains appeared first on Invezz