On 2 September 2025 US equities slid as the S&P 500 fell 1% and the Nasdaq declined 1.1%, marking a continuation of a correction following weak US labor data. European markets and markets for currencies and commodities also moved: Germany's DAX dropped 1.9%; EUR/USD weakened 0.6% to 1.1639; gold gained 1.8% to trade at USD 3,539/oz. The 10‑year US Treasury yield rose by 0.04 percentage point to 4.271%. Revisions published last week showed notably smaller payroll gains for July and prior months, intensifying concerns about the economic outlook. Attention now centers on whether the Federal Reserve will cut interest rates to support the labor market despite inflation risks — a move that would be positive for equities but is already largely priced in. — Matěj Vlček, 02.09.2025 #SP500 #NASDAQ #DAX #EURUSD #Gold #FiatNews

Kofola group said volatile spring weather and tax measures weighed on results, reporting Q2 revenue of CZK 2.97 billion and a 14.2% drop in EBITDA, prompting a more cautious full‑year outlook. The company said it will revise its 2025 EBITDA target to the lower bound of the previously guided CZK 1.9–2.0 billion range; 2024 EBITDA was CZK 1.85 billion. "Partially lower revenues were caused by a slower arrival of warmer spring months. The most noticeable was the decline in sales of sweetened beverages in Slovakia, caused by the introduction of a high excise tax," said Daniel Buryš, CEO for the Czech and Slovak market. Performance varied across subsidiaries: Radenska Adriatic grew H1 revenues by 3.2% (Slovenia +4%, exports +5%) but saw EBITDA pressure from higher operating and wage costs. UGO "exceeded expectations in all key indicators," said Marek Farník; LEROS also outperformed in Q2, according to Martin Mateáš. Pivovary CZ Group cited a 7.9% revenue decline and 18.3% drop in EBITDA year‑on‑year. Kofola continues brand investments and logistics upgrades: it started a new warehouse in Mnichovo Hradiště and completed the acquisition of 100% of ASO VENDING on August 14, 2025. The group says it remains focused on cost stabilization, portfolio development and targeted marketing to support recovery. #Kofola #EBITDA #MergersAndAcquisitions #UGO #FiatNews

Behavioral finance warns investors against unwarranted overconfidence. While some economic ideas have faded, behavioral insights remain relevant as a corrective to mainstream models that assume fully rational decision-makers. These concepts highlight persistent cognitive biases that can distort investment judgment. A survey by James Montier of 300 professional fund managers found roughly 74% believed their investment skills were above average — a statistical impossibility if taken literally. Prominent investor Ray Dalio has said he attributes much of his success to avoiding errors tied to excessive self-confidence and to admitting he can be wrong. Related biases include the illusion of control, overly optimistic timelines for completing tasks, and assigning inflated probabilities to outcomes one wishes to occur. Behavioral approaches do not provide a single predictive framework but rather a growing checklist of pitfalls to monitor. Investors may have more influence over outcomes than they assume, but that influence is often subtler than simple wishful thinking; awareness of these biases can help reduce costly mistakes. #behavioralfinance #investing #RayDalio #FiatNews

Market snapshot (2.9): PX 2,259.2 (-0.55%, YTD +28.35%), DAX 23,635.7 (-1.67%, YTD +18.72%), DJ Stoxx 600 545.1 (-1.15%), NASDAQ 21,187.8 (-1.25%), S&P 500 6,403.8 (-0.87%). FX: USD/EUR 1.1669 (-0.36%). #markets #FX #FiatNews

Corporate schedule: key reports and releases today include Salesforce, C3.ai, Hewlett Packard Enterprise, Macy’s, Dollar Tree, Polestar and Auto1, among others—watch after‑market prints for EPS and guidance updates. #earnings #FiatNews

Economic calendar highlights for Sept 3: US JOLTS (July) listed at 7437 (as published), US factory orders m/m (July) -1.4% vs prior -4.8%, and Poland’s NBP meeting with a consensus rate cited at 4.75% (previous 5.00%). #economiccalendar #JOLTS #NBP #FiatNews

Autos: Tesla’s European sales fell for the eighth consecutive month in August amid intensifying competition from China’s BYD and market reactions to CEO conduct. BYD has begun to outsell Tesla in several European markets. #Tesla #BYD #FiatNews

US ISM manufacturing: the August activity index rose to 48.7 from July’s 48.0, missing the 49.0 consensus. The reading signals modest improvement but remains below the 50 expansion threshold; attention now turns to Friday’s jobs report and upcoming inflation data. #ISM #manufacturing #US #FiatNews

Kraft Heinz announced a split into two separately listed public companies. The firm said the separation is intended to simplify operations and enhance shareholder value. #KraftHeinz #FiatNews

Swedish fintech Klarna aims to raise up to $1.27bn in a planned US IPO, targeting a primary offering as the company pursues a long‑awaited market debut. #Klarna #IPO #FiatNews