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8/3
08:11
The investment firm noted Netflix's substantial subscriber base, which funds an annual content budget exceeding $17 billion, a scale smaller competitors cannot match. Fundsmith also highlighted Netflix's 8% share of US TV screen time and growth potential from its ad-supported tier (250 million monthly active users), password sharing crackdown (adding 41 million subscribers), and expansion into live sports and international markets. The firm added that many streaming rivals are failing or losing users, creating an opportunity for these customers to return to Netflix.
08:09
The firm believes consensus forecasts are still too conservative, projecting cloud capex could reach $1.4 trillion, driven by strong AI adoption, rising cloud demand, multi-year customer commitments, and improving returns on infrastructure investment. Morgan Stanley noted that all four major U.S. hyperscalers remain capacity constrained due to AI demand outpacing supply. Alphabet (GOOGL), Amazon (AMZN), and Meta (META) have all raised their 2026 capex guidance, while Microsoft (MSFT) maintained its spending outlook.
08:04
Michael Saylor announced that MicroStrategy increased its USD Reserve by $250 million, extending its USD Duration by 57 days to 2.3 years. The company also repurchased $81 million of STRC, which tightened STRC’s BTC Credit by 5 basis points. As of August 2, 2026, MicroStrategy holds ₿842,138 in its BTC Reserve and $4.0 billion in its USD Reserve.
08:04
The bank's decision follows robust Q2 earnings, with a record 87% of companies beating estimates and profits on track to grow 33%. Deutsche Bank noted that earnings strength is broadening beyond Big Tech, supported by record margins and robust sales growth.
08:01
JPMorgan Chase CEO Jamie Dimon stated in an interview last week that he would not be broadly investing in the stock market at the moment due to geopolitical tensions and overvalued market valuations. Dimon noted that while he might consider some "great investment" opportunities, he would not make broad investments in the overall stock market, specifically mentioning that the overvaluation of artificial intelligence (AI) stocks was one of the reasons he was avoiding the market. He warned that risks such as global conflicts and soaring oil prices could be moving like "tectonic plates" beneath the surface, severely impacting the macroeconomy.
07:58
Mark Cabana, head of US rates strategy at Bank of America Global Research, said the Federal Reserve currently has a "credibility problem," citing the bond market's reaction to the Fed's interest rate decision last week.
07:54
India's new system for discovering end-of-day market prices got off to a confusing start, with traders trying to make sense of a spike in the NSE Nifty 50 Index stemming from the shift.
07:51
The new BitGo Link service provides a single interface for clients to view and move digital assets held both in BitGo custody and on various centralized exchanges, including Coinbase, Kraken, and Crypto.com.
07:50
The U.S. Department of Energy's Office of Energy-Dominated Financing (EDF) has committed almost all of its over $289 billion in available loan authority to baseload generation, transmission, and nuclear energy projects. The office stated that in the year since Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, federal energy loans have undergone a complete shift, with approximately $83 billion in loans and conditional commitments from the previous administration being restructured, revised, or canceled, including about $9.5 billion for wind and solar projects.

The EDF office has deployed $30 billion in loans to utility companies, including $26.5 billion provided in February to two wholly-owned subsidiaries of Southern Company for the construction or upgrade of over 16 gigawatts of stable power, and $3.26 billion provided on July 8 to AEP Texas for approximately 100 transmission projects in Texas. Additionally, in June, EDF conditionally committed $17.5 billion in U.S. nuclear supply chain loans to finance long-term components for 10 large reactors, aiming to accelerate the construction time of large reactors by up to three years and support the goal of building 10 new large reactors by 2030.
07:50
The gold miner's earnings before interest, taxes, depreciation, and amortisation (EBITDA) climbed 46% year-on-year to $2bn, with free cash flow increasing 36% to $727m. The company declared an interim dividend of $364m ($0.72 per share). Gold production for the quarter declined to 744,000oz from 804,000oz in 2025 due to a mine sale and maintenance, but AngloGold Ashanti expects production to increase in the second half of 2026.
07:44
Tesla registrations surged 86% in France and 52% in Denmark in July, but plummeted 97% in Norway, 81% in Spain, and 60% in Sweden. This mixed performance comes as investors await registration data from Germany and the UK later this week, following Tesla's record-high second-quarter deliveries.
07:40
American Bitcoin Corp., a Bitcoin miner backed by the Trump family, reported its third consecutive quarterly loss for the second quarter. The loss was primarily attributed to a decline in the value of its holdings. The company was launched last year, just before cryptocurrency prices tumbled from record highs.
07:34
According to Kpler vessel-tracking data cited by the Times of India, India's crude oil imports from Russia rose to 2.8 million barrels per day (bpd) in July, up from the previous high of 2.7 million bpd in June. Russian oil constituted 55.5% of India's overall crude imports last month, as Indian refiners continued to rely on these volumes amidst shipping threats in the Strait of Hormuz and Bab el-Mandeb Strait. India maintained high levels of Russian imports even after the U.S. waiver allowing such purchases expired in June.
07:33
The shift comes after the recalibration of an attempted takeover deal by Zijin Gold, indicating a change in the country's approach to such transactions.
07:24
In terms of regulation, the U.S. Senate reportedly did not include the Cryptocurrency Clarity Act on its agenda on Monday. Given that the Senate's summer recess is scheduled to begin around August 10, this means there are only five days of scheduled session time left before lawmakers go on recess, further reducing the likelihood of the bill passing this session.
07:24
An independent Bitcoin miner successfully packaged block 960,804 earlier on Monday, earning a block reward of 3.157 BTC, valued at approximately $199,300. This marks the 13th successful block mined by an independent miner this year, following another independent miner's success three weeks ago. This highlights that independent miners can still achieve success with relatively modest equipment, even as the Bitcoin mining industry faces profit pressures and large mining companies turn to AI data centers for sustainability.
07:23
Ukraine has struck another warehouse belonging to Russian e-commerce giant Wildberries in a long-range drone attack.

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