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8/4
11:20
The U.S. Department of Defense on Monday signed a multi-billion dollar framework agreement with Lockheed Martin and Northrop Grumman, aiming to accelerate the production of Patriot missile and THAAD interceptor components. This move is intended to rebuild America's dwindling ammunition stockpiles, following significant consumption of critical missiles in support of Ukraine against conflicts involving Iran and Russia.
11:19
Cramer stated on CNBC that the $1.2 trillion data center capital expenditure wave, driven by AI infrastructure, is growing at 30% annually, presenting a "generational opportunity" for investors. He noted that Caterpillar (CAT) reported its first-ever quarter with over $20 billion in revenue, with its stock rising 6.48% intraday; Palantir (PLTR) saw revenue grow by 93%, and its stock surged 22.52% intraday. He identified these two companies as beneficiaries in data center power supply and enterprise AI software, respectively. The Dow Jones Industrial Average hit a new all-time high that day, and the S&P 500 was also aiming for a new high.
11:19
CNBC host Jim Cramer stated on X that Nvidia chips are scarce and retaining value, which he attributed to the stock's surge. This comes as analysts point to severe constraints in TSMC's N3 process wafer capacity, with major AI chip designers like Nvidia and Google relying on the same node, leading to rising prices. Additionally, Bank of America projects hyperscaler capital expenditures to exceed $1.2 trillion over the next year, shifting the sector's bottleneck from demand to supply. Nvidia's Q1 FY2027 report, filed May 20, 2026, showed record revenue of $81.615 billion and forward supply commitments jumping to $119.0 billion, further indicating strong demand outstripping supply.
11:17
New Jersey Attorney General Jennifer Davenport announced the lawsuit, alleging Amazon abuses its power over third-party delivery contractors by preventing them from unionizing and restricting them from hiring each other's drivers. The complaint, filed in U.S. District Court for the District of New Jersey, claims this conduct results in lower wages and harsher working conditions for drivers. Amazon representatives did not immediately respond to a request for comment.
11:14
Memory and storage chip stocks generally rose in early trading on Tuesday, after Sandisk and Hynix released the first High Bandwidth Flash (HBF) industry standard, which is expected to expand the addressable market for AI memory. Several Wall Street institutions raised their target prices for related companies, with RBC Capital Markets rating Hynix as "Outperform" with a target price of $200. In addition, Micron's latest quarterly revenue increased by 345.7% year-on-year to $41.46 billion, and Sandisk's data center business revenue increased by 645% year-on-year to $1.47 billion, indicating that NAND flash is transforming from a commodity to a critical asset for AI.
11:09
Bitcoin miner Hut 8 reported a mild revenue miss for its second quarter. CEO Asher Genoot clarified that the company's future Bitcoin exposure will primarily be managed through its American Bitcoin subsidiary, while its AI data center pipeline continues to expand.
11:05
Oil prices fell due to signs of progress toward a diplomatic resolution of the Iran war, which in turn curbed expectations for aggressive Federal Reserve interest-rate hikes.
11:05
NVIDIA announced that its Alpamayo 2 Super open inference model is now available for commercial use, designed to help robotaxis and autonomous vehicles (AVs) address rare and complex driving situations that are difficult to predict and train for. The model is built on the NVIDIA Cosmos 3 Super Reasoner and post-trained with reinforcement learning, offering an Open Commercial License (OpenMDW-1.1) that allows AV developers, automakers, and suppliers to fine-tune, create derivative models, and commercially redistribute. Alpamayo 2 Super ranks first in the LingoQA autonomous driving reasoning benchmark, outperforming Qwen2.5-VL 72B, Gemini 2.5 Pro, and GPT-4o, and supports multi-task capabilities including trajectory planning, causal chain tracing, meta-actions, reasoning auto-annotation, and visual question answering, providing a development workflow from cloud to in-vehicle.
11:04
NVIDIA announced at the Future Memory & Storage (FMS) conference that, to address the immense demand from AI for large-scale datasets and context windows, the company is introducing several advancements in storage technology. These include open-sourcing its cuFile application programming interface (API) and its underlying vertical storage software stack, which allows GPUs to directly read from and write to storage. In addition, NVIDIA is collaborating with over 40 storage industry leaders, including DDN, KIOXIA, and Micron, to advance the "Storage-Next" initiative, aimed at optimizing memory and storage solutions. The company also noted that the NVIDIA Vera CPU achieves 3.21 times higher throughput than x86 CPUs in a two-stage compression and encryption pipeline.
10:59
Apple's Indian supplier, Tata Electronics, reportedly recently suffered a cyber leak involving specifications for Apple's unreleased iPhone 18 Pro model. Chinese state media leveraged this incident to promote the reliability of China's supply chain, countering the trend of international companies like Apple diversifying their supply chains to places like India. However, despite the leaked design schematics, repair technicians in Shenzhen's Huaqiangbei stated that they still cannot produce accurate replicas of the iPhone 18 Pro due to a lack of critical chips and software.
10:58
Goldman Sachs Chief Asia-Pacific Equity Strategist Tim Moe raised the firm's Kospi target to 12,000, implying roughly 90% upside, stating their "conviction level in the stronger for longer cycle is really strong, very high." The forecast is based on a 5x forward earnings multiple and projected 32% earnings growth this year, with semiconductors like SK Hynix and Samsung Electronics, which make up over 50% of the Kospi, being the core drivers of Goldman's AI-driven earnings thesis.
10:58
Goldman Sachs' chief credit strategist Amanda Lynam stated that current credit-market pressure stems from dispersion rather than widespread disruption. She highlighted growing maturity risks for software borrowers and discussed key private-credit warning signs, as well as how debt markets could facilitate the significant AI buildout.
10:54
Michael Saylor posted on X, stating that at block height 961,022, BIP-110 had only 38 signaling supports (2.70%), far below its voluntary threshold of 55%, making its passage impossible. He further stated that by block height 961,632, BIP-110 nodes would reject non-signaling blocks. Saylor believes that unless major miners reverse their stance, the Bitcoin network will continue to operate normally, while BIP-110 will stagnate or eventually become irrelevant, and its supporters should abandon the proposal.
10:53
On-chain analytics platform Glassnode noted that over 3% of the Bitcoin supply (approximately 515,000 BTC) is currently concentrated around $63,000, and another over 2% (approximately 362,000 BTC) is concentrated around $61,000. Bitcoin is also currently approaching its 200-week moving average (currently $63,657), indicating significant accumulation activity in this range. Glassnode's 30-day accumulation trend score shows that retail investors are the most active buyers at current prices, while whales holding at least 1,000 Bitcoin are also accumulating strongly.
10:52
Data released by the U.S. Energy Information Administration (EIA) shows that as of Monday (August 3), the average U.S. retail diesel price rose by 3.5 cents/gallon to $5.348/gallon, marking the fourth consecutive week of increases, with a cumulative rise of 77 cents/gallon during this period. Meanwhile, influenced by news of the imminent reopening of the Strait of Hormuz, diesel futures market prices fell rapidly. The price of the ultra-low sulfur diesel (ULSD) contract on the CME commodity exchange fell by 3.68%, 2.09%, and 5.93% respectively over the three trading days ending Monday, with Monday's settlement price of $3.8772/gallon being the lowest since July 13. As of Tuesday (August 4) at 9:40 AM, ULSD futures further declined by 4.34% to $3.7091/gallon, which, if it holds until closing, would mark a new low since July 10.
10:43
The move comes as competition intensifies in the prediction market sector, with rival Kalshi reportedly seeking new capital at a $40 billion valuation.
10:37
The move is seen as YouTube's latest effort to expand its offerings beyond ad-free viewing and directly challenge Netflix's core audience. YouTube already boasts a vast content library with 20 million videos uploaded daily, and this partnership with Comcast-owned Peacock Premium, which also includes some NBCUniversal sporting events streaming on NBC's YouTube channel, could make YouTube Premium a more compelling option for consumers, especially given Netflix's recent price hikes.
10:36
Yahoo Finance published an article stating that despite the Vanguard Total Bond Market ETF (BND) having fallen approximately 2.48% year-to-date in 2026, one investor indicated they would continue to invest in the ETF. This investor believes that bonds play a crucial role in an investment portfolio by balancing stock volatility and providing stability, especially during market panics when investors often turn to bonds for safety. Furthermore, BND has an extremely low expense ratio and is highly diversified across 11,476 U.S. bonds, with an annualized return of 3% since its inception in 2007. The investor emphasized that while bonds do not aim for high growth, they help portfolios remain stable and are a wise choice for long-term investment.

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