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08:07
DeItaone reports MicroStrategy ($MSTR) joins the Invest America Business Pledge, committing to contribute $250 each year to "Trump Accounts" for every eligible child under 18 of its U.S. employees, aiming to support their financial futures.
08:05
National Australia Bank (NAB) is preparing to test the security and operational controls of an agentic AI platform, marking the first time the bank has publicly outlined this approach. The plan involves allowing AI agents to interact with staff and internal systems on behalf of customers. Patrick Wright, group executive for technology and enterprise operations, stated that the bank aims to conduct pilots and experiments over the next year, emphasizing the importance of security and safe implementation. Other major Australian lenders are also advancing AI adoption, with Commonwealth Bank of Australia (CBA) having partnered with OpenAI last year, and Westpac reportedly using AI bots for mortgage and credit card applications, saving significant banker hours.
08:04
The scale of this unlocking is unprecedented in the history of U.S. stocks. Market concerns about potential selling pressure have already been reflected in the stock price; since its high on June 16, SpaceX's stock price has cumulatively fallen by about 40%, wiping out over $425 billion in market value. According to S3 Partners data, approximately 30% of the circulating shares are currently shorted, with short sellers having a paper profit of about $7 billion. Furthermore, by early December this year, the total circulating shares of SpaceX will surge from the current approximately 639 million shares to 5.33 billion shares, an increase of over seven times compared to the current stage.
08:03
Visa Direct reportedly connects to more than 18 billion endpoints, including cards, bank accounts, and digital wallets.
07:59
S&P 500 futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. SpaceX reported higher-than-expected AI-related outlays, which overshadowed results that broadly beat forecasts, while 英伟达 (Nvidia) Corp. rallied after 马斯克 (Elon Musk) touted his computing plans.
07:55
The commodity giant's adjusted earnings before interest and taxes (EBIT) from trading reached $2.66 billion in the first half of 2026, a significant increase from $40 million a year earlier. CEO Gary Nagle attributed the surge primarily to the Oil and Gas department, which capitalized on dislocations across LNG, oil, and shipping markets caused by the Iran war. Glencore's trading volumes for crude and fuels also jumped by approximately 24% compared to its 2025 average, reaching around 5.2 million barrels per day. The company's shares were up 3.4% following the announcement.
07:46
Cryptocurrency financial services group Galaxy Digital reported second-quarter revenue that missed analysts' expectations, causing its stock to fall in pre-market trading. The company was founded by billionaire Michael Novogratz.
07:21
The iShares Bitcoin Trust ETF (IBIT), launched on January 11, 2024, has accumulated $46.5 billion in assets under management (AUM) with an expense ratio of 0.25%. In contrast, the Morgan Stanley Bitcoin Trust ETF (MSBT), which launched on April 7, has gathered $392.3 million in AUM and offers a lower expense ratio of 0.14%, making it the cheapest spot Bitcoin ETF. The analysis highlights that while iShares benefits from strong brand recognition and institutional adoption, Morgan Stanley's lower fee could make it a more attractive option for long-term investors, assuming no changes to the expense ratios.
07:21
Melius Research analyst Ben Reitzes stated that if SpaceX executes even 2-3 gigawatts (GW) of its planned AI compute deployment in 2027, it could add approximately $100 billion in incremental revenue for Nvidia. This projection is based on SpaceX's recent commitment, announced during its August 4 earnings call, to build its AI computing platform exclusively on Nvidia's Vera Rubin chips, targeting 20 GW of capacity by the end of 2027. Reitzes believes this demand signal could help push Nvidia's total revenue to $1 trillion, a figure previously projected by Nvidia CEO Jensen Huang for cumulative Vera Rubin chip sales through 2027. Melius maintains a "Buy" rating on Nvidia with a $400 price target.
07:20
In a written reply in Parliament, Singapore's Deputy Prime Minister, Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, Gan Kim Yong, stated that these SFOs manage family funds from various countries and regions, including Asia, Europe, and the Americas. In 2025, Singapore's broader asset management industry grew by 10.1%, with total assets under management reaching S$6.7 trillion. SFOs also grew in tandem, making a positive contribution to employment demand in asset management and auxiliary service sectors such as private banking, legal, and tax advisory.
07:18
Citadel's tactical trading fund also gained 11.1% and its equities fund advanced 14.2% last month, both marking their best month ever. The July gains followed Citadel's acquisition of the bulk of the public-stock portfolio from Situational Awareness, which was forced to unwind positions after steep losses from AI trades triggered margin calls.
07:16
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Overseas Chinese Association in Bangladesh (OCAB) have partnered to establish a business matchmaking platform. This initiative aims to attract Chinese investment into Bangladesh's Ready-Made Garment (RMG) sector, facilitate partnerships, promote the reopening of struggling factories, and attract investment into upstream industries. The partnership follows a meeting on August 4th, where Chinese representatives expressed interest but highlighted challenges due to a lack of accessible information about local business opportunities. BGMEA will now collect detailed factory information to facilitate targeted introductions for interested Chinese investors.
07:16
The company, which manufactures apparel for brands such as Nike, Victoria's Secret, and Lululemon, reported that its second-quarter earnings before interest and taxes (EBIT) increased to $54.6 million, up from $31 million in the same period last year. CEO Isaac Dabah noted that while tariff refunds contributed to the additional earnings, the company's investments in product innovation and manufacturing flexibility also drove performance growth. He added that the company plans to allocate a portion of the refunds towards strategic investments to support future development.

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