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13:35
LIV Golf CEO Scott O'Neil announced that the golf league has reached an agreement with an unnamed investor to replace the funding from Saudi Arabia's Public Investment Fund (PIF). The agreement has been approved by the LIV Golf board and the transaction is expected to be completed in September. Under the new agreement, players will become the majority equity holders of LIV Golf. Previously, the Saudi PIF had invested approximately $5 billion into the project and announced in April that it would cease funding the league by the end of 2026.
13:34
Samsung stated on July 30 that memory shortages could worsen in 2027 and persist into 2028. This warning reinforces Micron Technology's pricing outlook and exposes potential supply constraints for NVIDIA. Boosted by this news, Micron's stock jumped 18.4% on the day, restoring market confidence in the memory cycle. Samsung has signed supply agreements with the world's top five hyperscale data center companies and plans to place approximately two-thirds of its long-term memory production under contracts of at least five years, typically including upfront payments and price floors. Micron has adopted a similar strategy, disclosing 16 strategic customer agreements on June 24, covering about 20% of its DRAM and one-third of its NAND production until 2030. For NVIDIA, tight supply of advanced memory (such as HBM4) could slow its system shipments, even with strong accelerator orders. However, NVIDIA is somewhat protected by its multi-vendor strategy.
13:33
Among them, quantum computing company Rigetti Computing (NASDAQ: RGTI) received "buy" ratings from 6 out of 9 analysts, with an average target price of $30.71, indicating an upside potential of approximately 90% within the next 12-18 months. Meanwhile, AI product and service provider SoundHound AI (NASDAQ: SOUN) received "buy" ratings from all 4 covering analysts, with an average target price of $12.75, projecting an upside potential of approximately 110%. SoundHound AI is scheduled to release its earnings report on August 5th.
13:17
Despite Ripple's growth into a top financial institution, the closure of the SEC case in August 2025, and XRP touching $3.65 on July 18, 2025, it still failed to surpass its all-time high of $3.84 set on January 4, 2018. In contrast, Bitcoin and Ethereum reached new highs of $126,000 and $4,950 in October 2025 and August 2025, respectively.
13:17
Berkshire Hathaway reportedly completed the sale of all its Amazon (AMZN) shares in Q1 2026. This liquidation was not due to a loss of confidence in Amazon's business, but rather because Todd Combs, the investment manager previously responsible for managing the Amazon position, left in January 2026 to join JPMorgan Chase. This move is considered a typical institutional manager change liquidation, unrelated to Amazon's fundamentals. Former Berkshire CEO Warren Buffett sold 77% of the shares in Q4 2025, and new CEO Greg Abel cleared the remaining 2.276 million shares in Q1 2026.
13:10
TeraWulf (WULF) reported that its high-performance computing (HPC) leasing revenue surged 52% quarter-over-quarter to $31.9 million in Q2, now accounting for approximately 71% of its total $44.8 million revenue. This segment has significantly widened its lead over the company's digital asset (Bitcoin mining) revenue, which remained relatively flat at $12.8 million. The company also reported a net loss of nearly $940 million, largely due to a $755.7 million adjustment related to warrants issued to Google. Following the quarter, TeraWulf signed a 20-year lease with Anthropic for approximately 401 MW, valued at about $19 billion in contracted revenue, and agreed to sell its majority interest in the Abernathy joint venture for approximately $530 million.
13:04
Two-term incumbent Thanedar's defeat in the Midwest Democratic primary followed accusations of payback from the cryptocurrency industry.
13:01
This payment is part of Oracle's routine quarterly dividend of $0.50 per share, which translates to approximately $2.3 billion annually for Ellison. Oracle has consistently raised its dividend for 12 consecutive years, reaching $2.00 per share for fiscal year 2026, despite its stock dropping over 55% from its 2025 peak.
13:00
Prosecutors allege Taj Tarsha, founder of NFT startup Few and Far Limited, raised over $10 million by selling 95 million tokens to nearly 70 investors. He is accused of misusing these funds for personal expenses including gambling, speculative digital assets, a Miami condominium loan, and his DJ hobby, rather than developing the NFT marketplace as promised. Tarsha faces charges of securities fraud and wire fraud, each carrying a maximum prison sentence of 20 years.
12:50
The pilot survey, announced by the New York Fed, aims to address concerns over lending standards and a lack of transparency in the rapidly expanding private credit sector. It will launch after the end of the third quarter, with findings expected to be published in the first quarter of 2027, providing insights into credit availability, lending standards, and implications for the broader economy and monetary policy.
12:50
Goldman Sachs liquidity strategist Lee Coppersmith noted that after the large-scale deleveraging and tech stock sell-off ended in July, market sentiment quickly reversed in early August, and investors are rapidly rebuilding risk exposure. Data shows that S&P 500 call option volume surpassed 4 million contracts on Tuesday, setting a new all-time high for a single day, and the put/call skew recorded its largest drop in nearly a decade, reflecting a sharp increase in investor demand for upside risk exposure. Goldman Sachs believes that this round of position rebuilding is a result of improving earnings, economic, and liquidity environments, and expects a "faster with every rise" momentum-chasing effect to be forming. It continues to favor the Korean market as the most cost-effective direction for positioning in the AI hardware recovery.
12:49
Paul Malloy, who oversaw roughly $300 billion in municipal assets at investment titan Vanguard Group, has left the firm after over two decades.
12:47
The remittance giant's new service aims to facilitate cross-border payments and provide consumers in volatile economies with US dollar-denominated savings options.

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