U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

According to BIT (bit.com) market data, U.S. stock Robinhood (HOOD) saw its early-session gain widen to 12.3%, with its share price breaking above $120, hitting a new high since January this year. Robinhood’s recent sharp rally is primarily driven by three concurrent positive catalysts: a surge in on-chain transactions, multiple Wall Street firms upgrading their ratings, and a massive jump in forecasted revenue. Robinhood Chain has been particularly active on-chain: on September 1, its network revenue exceeded $3.8 million, accounting for roughly 38% of the day’s total network revenue. The chain processed 5.52 million transactions in a single day, generating $2.66 million in application revenue, a record high since its launch. Separately, Wall Street institutions including Morgan Stanley and Piper Sandler have upgraded Robinhood’s ratings and target prices. Forecasted revenue for its prediction market segment surged over tenfold year-over-year to $156 million in Q2.

According to market data from BIT (bit.com), U.S. stocks extended their gains, with the Nasdaq’s intraday rise widening to nearly 1%. Most major tech stocks advanced: SpaceX and Tesla rose nearly 6%, Meta gained over 4%, Microsoft climbed nearly 3%, while Nvidia and Google rose nearly 2%; Broadcom fell more than 6% following its earnings report.

According to BIT (bit.com) market data, U.S. stock Tesla (TSLA) rose more than 5% at the start of trading. Tesla’s Cybercab launch event will be held in Austin, Texas, local time tonight, a key milestone for testing the company’s autonomous driving commercialization process. Morgan Stanley’s latest research report points out that this launch carries far more significance than any of Tesla’s previous product events; the large-scale expansion of its unsupervised Robotaxi fleet will directly determine Tesla’s stock price trajectory for the year. Data from the Texas Department of Motor Vehicles (DMV) shows Tesla has recently registered around 45 Cybercabs for commercial operation, leading the bank to hold a positive outlook on tonight’s event. If Tesla successfully deploys 25 to 50 Cybercabs for paid passenger services in Texas within days to weeks after the event, its stock price is expected to react positively; conversely, if the event only features limited supervised retail demonstrations with no substantial unsupervised fleet deployment, the stock price is projected to pull back after the event.

According to the Financial Times, Hargreaves Lansdown (HL), the UK’s largest investment platform, is launching Crypto ETN trading for its roughly 2 million investors starting today. The initial lineup includes 9 Bitcoin (BTC) and Ethereum (ETH) ETNs, issued by providers including BlackRock’s iShares, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise, with annual fees ranging from 0% to 0.35%. HL had long been the only major UK investment platform not offering Crypto ETNs, and in October last year it stated, “BTC is not an asset class.” The relevant products will be available to users of its Advanced Investing service, with investors required to pass a suitability test and observe a 24-hour cooling-off period for their first trade.

According to Lookonchain’s monitoring, Abraxas Capital added 16,554 spot ETH to its holdings over the past 12 hours, valued at approximately $39.8 million. Concurrently, its two hedge accounts on Hyperliquid hold a combined 120,178 ETH short positions, worth around $291.4 million.

According to market data from BIT (bit.com), US-listed AI software stocks are rallying. Snowflake surged over 21% following its earnings report, with ServiceNow up more than 6%, Palantir rising nearly 6%, Salesforce climbing almost 4%, and Applovin gaining over 3%. Snowflake previously released its fiscal 2027 second quarter financial results, which ended July 31, 2026. Its product revenue hit $1.49 billion, up 37% year-over-year, while total revenue reached $1.55 billion, growing 35% year-over-year.