Solana (SOL) is holding the $100 price level as the U.S. Securities and Exchange Commission (SEC) recognizes it as a commodity. The regulatory characterization helps clarify SOL’s legal standing. It also reduces the tail risk of SOL being treated as a security, giving projects and investors clearer compliance expectations.

The Bloomberg Dollar Spot Index fell 0.7% for the week, though losses narrowed after strong US payrolls data on Friday lifted the implied odds of a September Fed rate hike to about 60%. The yen outperformed, rising about 2.4% against the dollar for its best week since July. Gains were driven by expectations that the Bank of Japan may raise its benchmark rate by a quarter point this month and keep the door open to faster hikes thereafter.

Campbell’s said it is cutting 13% of its salaried workforce and closing two snack plants as it seeks to improve operations and return to profitability. The company’s snacks volumes fell 6%, and it has implemented average price increases of 4% to 5% across about 60% of its portfolio, with benefits expected to begin flowing through in the second quarter. Campbell’s plans to generate about $500 million in cost savings by fiscal 2030. It forecast fiscal 2027 net sales to decline 2% to 4% and adjusted earnings per share of $1.65 to $1.80, below analysts’ estimates of $1.86.

Robinhood shares surged 16.6% on Thursday to $124.72 as Wall Street analysts highlighted growth in the firm’s prediction markets that could reduce its reliance on crypto trading. Second-quarter event-contract revenue reached $156 million, up more than tenfold year over year, topping $129 million from equity transactions and $100 million from crypto transactions. Piper Sandler lifted its price target to $145 from $135, saying the U.S. football season could drive another strong stretch for prediction-market activity.

Shares of Australian AI cloud firm IREN rose more than 7% on Friday to close at $44.68. Analysts reiterated Buy ratings and set an average price target of $75.67, implying about 69% upside from current levels. In fiscal Q4 2026, AI cloud revenue totaled $70.5 million, up 110% year over year, while full-year AI cloud revenue reached $128.8 million, up 687%. Citizens analyst Gregory Miller kept an $80 target, citing continued acceleration in the company’s AI cloud business.

Strong jobs data released on Sept. 4 showed higher labor force participation, with the unemployment rate steady at 4.1%. Markets raised the implied probability of a 25-basis-point Federal Reserve rate hike in September to 58.4% from 49.4%. The Dow Jones Industrial Average fell 272.51 points, or 0.51%, while trading volume totaled 13.14 billion shares, below the 20-day average.

El Salvador’s government has agreed with the International Monetary Fund (IMF) to stop purchasing additional bitcoin and to transfer the majority ownership and control of more than 7,763 tokens, valued at over $632 million, to a private operator. The move marks a major shift from the country’s policy since bitcoin was made legal tender in 2021. The decision came after the policy faced opposition from 71% of the population and saw very limited real-world use.

Strategy Executive Chairman Michael Saylor said public advocacy for Bitcoin is protected speech under U.S. law and argued the asset should be treated as a commodity rather than a security. U.S. lawmakers are set for a September 15 procedural vote on the CLARITY Act, a step that would advance consideration but not finalize passage. Strategy also bought 4,603 BTC for about $369.7 million at an average price of $80,318, lifting its total holdings to 845,050 BTC.