S&P Dow Jones Indices said Bloom Energy will be added to the S&P 500 as part of its September quarterly rebalance. Following the announcement, Bloom Energy shares rose about 6% in Friday after-hours trading. The stock is up more than 191% this year, driven by rising AI data center power demand and several multi-billion-dollar deals.

El Salvador President Nayib Bukele has made concessions to meet International Monetary Fund (IMF) requirements, announcing an end to government-level bitcoin purchases and the transfer of the country’s existing bitcoin reserves to a private operator for management. The move marks a significant shift in El Salvador’s bitcoin strategy, after the country made bitcoin legal tender and continued accumulating the asset.

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.