Another round of US military strikes on Iran pushed oil prices higher, renewing concerns that inflation will remain stubborn. With inflation still above 3%, markets increasingly expect the Federal Reserve to raise interest rates before year-end, with the implied probability of a September hike rising to 66%. Higher oil and rate expectations weighed on risk appetite, dragging major US stock indexes lower.

Credo Technology reported fiscal first-quarter results and issued revenue guidance after the market close on Tuesday, both above market expectations. The stock still fell.

Dell Technologies reported adjusted earnings of $7.04 a share, far above analysts’ expectations of about $4.90. The strong performance was driven by AI-related demand. The stock rose more than 10% in after-hours trading.

An anonymous crypto whale has bought 141,442 HYPE tokens worth about $11.88 million, according to on-chain tracking service Lookonchain. The purchase extends a broader accumulation streak by the same entity. The whale’s HYPE holdings are now valued at more than $30 million, highlighting strong demand for the token.

In the Pump Fun-related case, Solana Labs was not named as a defendant, while Baton Corporation faces charges under the Racketeer Influenced and Corrupt Organizations Act (RICO). The outcome clarifies that the litigation is focused on specific project entities rather than the developer of the underlying Solana blockchain. As a result, legal uncertainty around the Solana ecosystem has eased to some extent.

Dell Technologies raised its full-year revenue guidance to $192 billion after reporting strong second-quarter results. The company’s performance was driven mainly by robust demand for servers and AI infrastructure. The update signals a stronger competitive position in the AI computing market.

Strategy, formerly known as MicroStrategy, resumed buying Bitcoin after a 10-week pause, spending $370 million last week to purchase 4,603 BTC. As of August 30, 2026, the company held 845,050 BTC and reported about $72 billion in total assets, including roughly $65 billion in Bitcoin and $7 billion in U.S. dollar assets. The figures were disclosed in an 8-K filing and in statements from Executive Chairman Michael Saylor. President Phong Le confirmed the data in a recent interview.

Novartis said its experimental multiple sclerosis therapy delivered successful results in two mid-stage studies. The update lifted the company’s shares sharply on Tuesday. The developments mark a key step forward as Novartis competes with rivals Roche and Sanofi.