How Bitmine could surpass its 5% Ethereum goal without buying more ETH

Adobe (ADBE) announced Anil Chakravarthy as its new CEO, replacing Shantanu Narayen after 18 years. The change comes amid AI disruption and a 21% stock decline in 2025, with shares falling 7% on the news. Adobe faces challenges from generative AI and competition, with mixed analyst views on its future. The company will report Q3 earnings on Sept. 10, with investors watching for AI strategy and financial performance.

Equinor awarded Emerson Electric (EMR) a 13-year deal for measurement technologies and services, reinforcing their long-term partnership. The agreement supports Emerson's focus on automation and software growth, but investors should consider potential risks from legacy energy markets and global demand. Analysts expect $22.4B revenue and $4.2B earnings, though the deal's impact on these figures is uncertain.

Heidi O’Neill, former Nike executive, becomes Lululemon’s new CEO amid challenges. The company faces declining revenues, stock price drop, product issues, and internal conflicts. Analysts highlight the need for innovation, board alignment, and talent retention. Lululemon’s stock has fallen from a peak of around US$500 to roughly $100. O’Neill aims to revitalize the brand and address stakeholder expectations.

American International Group (AIG) announced that Peter Zaffino will step down as Executive Chair on September 15, 2026, and John Rice will assume the role. The company projects $32.0 billion in revenue and $4.3 billion in earnings by 2029. Q2 2026 earnings showed stable revenue and net income compared to the prior year. Analysts estimate a fair value range of $88 to $158 per share.

Berkshire Hathaway's $10 billion Alphabet investment, purchased at a 6.5% discount, is now valued at $9.625 billion, a $375 million loss. The company owns 105.98 million Alphabet shares, worth $35.784 billion as of Friday. Berkshire's Class B shares closed at $506.03, down 0.4%. Greg Abel discussed the investment and Berkshire's AI-related energy projects, which face regulatory and construction risks.

Alstom signed a C$4.7 billion deal with VIA Rail Canada to design, manufacture, and support 313 Adessia railway cars, including a 15-year technical support agreement. The trains will operate on eight major routes across Canada, connecting nearly 400 communities. Alstom is the sole manufacturer of passenger trains in Canada, employing around 5,200 workers. The project is expected to create jobs and strengthen the domestic rail manufacturing sector, according to the Canadian government.