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7/28
10:29
E-commerce platform GrubMarket Inc. has confidentially filed for a US initial public offering, following a series of acquisitions over the past year.
10:28
The U.S. Federal Reserve began its two-day policy meeting on Tuesday, with an interest rate decision expected on Wednesday. Markets widely anticipate the central bank will keep interest rates unchanged. However, inflationary pressures stemming from the war in Iran and AI supply chain bottlenecks could prompt officials to consider a surprise hike. According to CME Group's FedWatch, bond traders assign a 68.5% probability to rates holding steady and a 31.5% chance of a hike. New Fed Chairman Kevin Warsh aims to reduce communication with markets, and officials remain divided on whether to raise rates this year.
10:27
Global semiconductor stocks accelerated their decline on Tuesday, with the PHLX Semiconductor Index falling more than 5%. Among them, South Korea’s SK Hynix fell more than 14%, and Samsung Electronics fell more than 13%.Shares of U.S.-listed Micron, SK Hynix, and SanDisk all fell by more than 5%. NVIDIA. fell about 1%, while AMD dropped more than 8%.

This sell-off comes amid growing investor doubts about the returns on AI infrastructure investments and concerns over intensifying competition from Chinese chipmakers. Additionally, the initial public offering (IPO) of Chinese memory chipmaker CXMT (CXMT) has sparked market concerns that memory chip prices may come under pressure.
10:27
TravelAI (the operating name of UpNext Ventures) has acquired the Sonder brand assets, including the Sonder trademark and the associated domain name Sonder.com. This acquisition is limited to the brand and intellectual property and does not include Sonder’s operational business. TravelAI has relaunched Sonder.com as an AI-powered curated guide to urban accommodations, covering apartment-style residences and boutique hotels.Founded in 2014, Sonder was formerly a publicly traded company on Nasdaq and was known for its prominence in the lodging sector. This rebranding is one of several travel brands that TravelAI has acquired and revitalized in recent years.
10:27
Shares of energy company Bloom Energy (NYSE:BE) rose as its solid-oxide fuel cell systems play a key role in meeting the growing power demands of AI data centers. According to the Columbia Seligman Global Technology Fund’s second-quarter 2026 investor letter, data center operators are increasingly adopting Bloom Energy’s fuel cells to bypass grid constraints and power energy-intensive AI workloads. The market expects that the accelerated construction of AI data centers will drive demand for reliable on-site power generation solutions.
10:26
According to data from the U.S. Department of Commerce, the U.S. goods trade deficit narrowed by 4.2% to $101.5 billion in June, primarily due to a broad-based decline in imports. Despite this improvement in the deficit, economists expect trade to continue to weigh on U.S. second-quarter gross domestic product (GDP) growth. Merchandise exports fell to a five-month low, with exports of industrial goods (including petroleum) dropping sharply.
10:25
Apple briefly reached a $5 trillion market capitalization in Tuesday trading, becoming only the second company after Nvidia to hit this milestone. This move reflects shifting investor confidence as Wall Street reassesses the AI race, with Nvidia having previously peaked near $5.7 trillion before pulling back amid concerns over slowing AI spending.
10:25
The Nasdaq 100 fell 1.6% on Tuesday, bringing its total decline to 10% from its June peak and putting it on the verge of a market correction. Investors are increasingly concerned that the significant AI investments by Big Tech companies may not yield strong returns. Attention is now focused on upcoming earnings reports from Microsoft, Meta, and Amazon, which could influence the direction of the tech selloff.
10:23
US President Donald Trump and Ukrainian President Volodymyr Zelensky reportedly met at the White House on Tuesday. While the meeting was not officially confirmed, a White House source indicated that talks began at 9:47 a.m. ET, with leaders expected to discuss diplomatic efforts to end the war in Ukraine.
10:23
The United States and Iran continue to send conflicting signals regarding potential talks, despite an ongoing ceasefire. Former U.S. President Donald Trump stated that Iran had requested negotiations, a claim Tehran explicitly denied, asserting that no U.S. talks are currently underway. Instead, Iran is holding discussions with Oman concerning the Strait of Hormuz, though Iranian officials maintain these talks are unrelated to the U.S. and are focused on Iran's security and sovereignty.
10:21
On July 28, Bitcoin ETFs registered a net inflow of 20 BTC (+$1.23M), despite a 7-day net outflow of 3,170 BTC (-$200.23M). Ethereum ETFs continued their positive trend, seeing a net inflow of 11,285 ETH (+$21.16M) on July 28, bringing their 7-day net inflow to 37,959 ETH (+$71.17M).
10:06
Reddit (NYSE: RDDT) is reportedly considering not renewing its licensing deal with Alphabet (NASDAQ: GOOGL), which currently allows Google to train its artificial intelligence (AI) models on Reddit's content. The social media company believes the existing $60 million per year agreement, established in 2024, may not adequately compensate for the long-term risk of declining traffic as users increasingly rely on AI chatbots for information, potentially bypassing Reddit's forums.
10:06
Columbia Seligman Global Technology Fund stated in its Q2 2026 investor letter that Applied Materials, Inc. (NASDAQ:AMAT) shares rose during the quarter. The fund noted that investor confidence in sustained wafer fabrication equipment spending, driven by AI-driven semiconductor demand, particularly in leading-edge logic and advanced packaging, contributed to the stock's performance. The fund held an overweight position in Applied Materials.
10:05
Billionaire investor Bill Ackman's Pershing Square has built approximately $2.4 billion positions in both Microsoft (MSFT) and Amazon (AMZN). The fund began accumulating Microsoft shares in February 2026 and Amazon shares from mid-2025. Ackman's rationale is based on his view that the market is overreacting to concerns about AI capital expenditure as a margin threat, while both companies demonstrate strong cloud growth, with Azure up 40% and AWS experiencing its fastest acceleration in 15 quarters.
09:55
Apple (AAPL) briefly surpassed a market capitalization of $5 trillion on Tuesday, becoming only the second publicly traded company in history to reach this milestone. This achievement comes less than a year after the company surpassed a market capitalization of $4 trillion in October 2025.
09:55
Ahead of its Q2 2026 earnings report on July 30, Altria (MO) is highlighted for its 5.8% dividend yield and a forward price-to-earnings ratio of 13x. The company has a history of increasing its dividend for 56 consecutive years. Its Q1 2026 earnings beat expectations, leading to a 7% stock price increase.
09:54
Carey Bartell, Executive Vice President, General Counsel, and Corporate Secretary of Conagra Brands (NYSE:CAG), sold 6,045 shares of the company's stock on July 17 and July 19, 2026. The sale, at $14.28 per share, was a non-discretionary transaction to cover tax obligations arising from the vesting of restricted stock units.
09:52
Coinbase CEO Brian Armstrong announced that Rob will be stepping into the role of Chief Technology Officer (CTO) for the company. Armstrong stated that Rob has played a significant role in Coinbase's growth and success, including driving the company to be one of the most AI-enabled companies globally.
09:52
The Nasdaq 100 Index is on track to enter a correction, as investor worries about the eventual payoffs from artificial intelligence investments are souring sentiment in the technology giants that have driven most of this year’s stock-market advance.

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