AI Boom and Fed Complacency Face a Consumer Test Wall Street’s summer rally is facing a critical juncture as the AI-driven earnings boom collides with…
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Anthropic’s Funding Talks Signal AI Arms Race Anthropic, the AI startup behind the Claude chatbot, is reportedly in advanced discussions with investors to raise additional…
U.S.-Iran Deadlock Keeps Tanker Traffic at Historic Lows Crude oil benchmarks are heading for a 4% weekly gain as the United States and Iran remain…
Iran Strikes Tankers, Oil Holds Gains The UAE reported on Wednesday that two of its oil tankers were attacked by Iranian forces in the Strait…
JPMorgan Expands Spot Bitcoin ETF Holdings JPMorgan Chase has significantly increased its exposure to digital assets, disclosing a $355.7 million stake in BlackRock’s spot Bitcoin…
30-Year Treasury Yields Hit Highest Since 2001 US 30-year bond yields surged to levels not seen since 2001, raising borrowing costs across the economy. Bloomberg…
Wholesale Inflation Cools, Fed Rate Cut Bets Rise US producer prices rose less than expected in July, with the core PPI gaining 0.2% month-over-month versus…
Fed Rate Path Fuels AI-Driven Equity Rally as Inflation Cools Equities extended their rally on Tuesday as a cooler-than-expected US producer price index (PPI) reinforced…
Adelita Drilling Expands Copper Footprint at Cerro Grande Algo Grande Copper Corp. (TSXV: ALGR) reported on August 11 that Phase II drilling at its wholly…
Stocks Rally as CPI Cools and AI Giants Deliver Wall Street closed near record highs on Wednesday as a softer-than-expected inflation report and blockbuster earnings…
BlackRock’s $50.2M Inflow Flips Bitcoin ETFs Positive U.S. spot bitcoin exchange-traded funds (ETFs) recorded a modest net inflow of $4.89 million on Tuesday, snapping a…
Enovix Beats Q2 Revenue, EPS Estimates Enovix (NASDAQ: ENVX) reported second-quarter 2026 results that edged past analyst expectations, with revenue coming in at $9.0 million…
Cerebras Q2 Revenue Misses, Cloud Growth Surges 281% Cerebras Systems reported Q2 FY2026 revenue of $180.1 million, missing the $194 million consensus estimate but still…
Inflation Data Meets Forecasts, Bonds Rally The latest U.S. Consumer Price Index (CPI) report showed headline inflation cooling to 3.4% year-over-year, matching economists’ expectations. Core…
Nebius Q2 Revenue Surges 454% on AI Cloud Demand Nebius Group (NASDAQ: NBIS) reported second-quarter 2026 revenue of $582.3 million, up 454% year-over-year, as the…
Nebius Earnings Loom as Traders Brace for Double-Digit Move Nebius Group (NASDAQ: NBIS) is set to report its first quarterly earnings since its Nasdaq debut,…
Hormuz Blockade Risks Oil, AI Deals in Focus Global markets are on edge as doubts grow over a deal to reopen the Strait of Hormuz,…
Market Momentum Fades Amid Mixed Signals After weeks of volatile trading, the cryptocurrency market is showing signs of fatigue. Bitcoin (BTC) and Ethereum (ETH) remain…
Diplomatic Signals Amid Strait of Hormuz Standoff Pakistan’s defense minister, Khawaja Asif, said Tuesday that the US and Iran are “close to some sort of…
CVA Group Beats Q4 Estimates; Revenue Hits $1B CVA Group reported a strong fourth quarter, with revenue reaching $272.8 million—up 21.2% year-over-year—and non-GAAP EPS of…
Super Micro’s Q4: EPS Beat, Revenue Shortfall Super Micro Computer (NASDAQ: SMCI) reported fiscal Q4 2025 earnings after the close on Tuesday, delivering a mixed…
Lumentum Beats Q4, Guides Strong AI Optical Demand Lumentum Holdings (NASDAQ: LITE) reported fiscal Q4 earnings that exceeded analyst expectations, driven by robust demand for…
CoreWeave Narrows Losses, Revenue In Line CoreWeave (CRWV) reported its Q2 earnings after the bell on Tuesday, narrowing its losses per share and meeting revenue…
Gold Hits $4,435 Then Fades As Silver Slides Gold touched a two-month high of $4,435 intraday on August 11 before giving back gains, while silver…
Hormuz Tensions Push Brent Toward $87 Brent crude is climbing toward $87 per barrel as renewed tensions in the Strait of Hormuz—a chokepoint for about…
Bitcoin ETF Outflows Break Five-Day Inflow Streak Bitcoin exchange-traded funds (ETFs) opened the week with net outflows of $144.67 million, ending a five-session inflow streak.…
BitMine Buys 13,000 ETH in $24.4M Purchase Tom Lee’s BitMine has acquired another 13,000 Ether, worth approximately $24.4 million, according to multiple reports published today.…
BitMine Buys 13,000 ETH in $24.4M Purchase Tom Lee’s BitMine has acquired another 13,000 Ether, worth approximately $24.4 million, according to multiple reports published today.…
Hims & Hers Q2 Revenue Climbs 40% to $753 Million Hims & Hers Health (NYSE:HIMS) reported second-quarter 2026 revenue of more than $753 million, up…
Nvidia and Six Wall Street Firms Seal $500bn AI Infrastructure Pact Nvidia has teamed up with six major Wall Street institutions, including Apollo Global Management,…