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8/6
09:05
Ex-Spotify Employees' AI Startup Malachyte Raises $10M Seed Round to Bring Recommendation Tech to E-commerce
Malachyte, founded by former Spotify employees Sidd Motwani, Ian Anderson, and Shivaditya Sinha, secured the funding to scale distribution and hire more product and commercial leaders. The company's platform utilizes a "two-headed Vector AI" system, similar to the one powering 90% of Spotify's recommendations, to predict shopper intent and personalize online retail experiences in real-time. The funding round was co-led by Bessemer Venture Partners and Gradient, with participation from Harpoon Ventures.
09:04
AI lab Mirendil signs multi-year, over $100 million partnership with Google Cloud to expand compute infrastructure with Google TPUs and NVIDIA GPUs for self-improving AI research
The protocol is designed to provide hashrate support for Mirendil's self-improving AI system to accelerate scientific discovery and AI development. Benham Neyshabur, co-founder and CEO of Mirendil, stated that the deal is valued at over $100 million, which is about half of the seed funding Mirendil raised at a $1 billion valuation at the end of June. Self-improving AI aims to automate scientific and AI research, with the goal of making progress in fields such as medicine, biology, and materials science.
09:03
Analysis identifies five high-yield dividend stocks (5%-7%) as August bargains, including Altria and Comcast, following earnings misses or weak guidance.
The analysis suggests these stocks, which also include Pfizer, present compelling entry points for income investors. Altria (MO) offers a 6.24% dividend and dipped after its Q2 2026 adjusted EPS of $1.48 missed expectations, though revenue slightly beat forecasts. Comcast (CMCSA) pays a 5.37% dividend and saw shares hit 52-week lows due to broadband subscriber losses, despite beating Q1 and Q2 estimates. All five stocks hold a "Buy" rating from top Wall Street firms, with UBS rating Altria a Buy with a $79 target and Rosenblatt rating Comcast a Buy with a $31 target. The report notes that potential interest rate hikes as early as September make quality, dipped stocks attractive.
08:54
Columbia Threadneedle Total Return bond portfolio manager Edward Al-Hussainy says there's no break on the move higher in the long end of the yield curve, as he examines numerous impacting fa
Columbia Threadneedle Total Return bond portfolio manager Edward Al-Hussainy says there's no break on the move higher in the long end of the yield curve, as he examines numerous impacting factors.
08:51
JPMorgan Says Hyperliquid ETF Inflows Stalled in July and August Amid Mounting Competition
JPMorgan analysts noted that after leading non-Bitcoin crypto ETF inflows in May and June, demand for Hyperliquid funds faded in July and early August. The bank attributes this to growing concerns over the protocol's competitive outlook, facing challenges from regulated centralized exchanges and intensifying competition in prediction markets. The HYPE token was trading more than 3% lower over the last 24 hours, around $55.30.
08:48
Analysis points out that as AI computing's demand for electricity surges, nuclear energy is experiencing a revival, and the VanEck Uranium and Nuclear Energy ETF (NLR) is considered a conservative and high-quality investment option in this sector.
An article from Yahoo Finance analyzes that the nuclear energy industry is regaining attention due to the surge in electricity demand for data centers driven by artificial intelligence (AI) computing. The article suggests that the VanEck Uranium and Nuclear Energy ETF (NLR) is one of the best ways to invest in this emerging sector. The ETF holds 29 securities, including NuScale Power (4.5% of holdings), Oklo (4.3%), Cameco (second-largest holding), and Centrus Energy (5.8%), the latter of which has received regulatory approval to produce high-assay low-enriched uranium (HALEU) required for next-generation nuclear reactors.
08:48
DeepSeek Plans Significant Price Increase Across AI Services
08:45
Kraken launches new security feature, allowing users to confirm the authenticity of customer service calls via in-app real-time banners and one-time verification codes.
Kraken stated that this move is aimed at helping users identify and prevent increasingly rampant phone scams. When a Kraken customer service representative calls a user back via a standard phone line, a verified banner will be displayed in real-time within the Kraken app. Additionally, users can request the customer service representative to read out a one-time verification code displayed in the app during the call for verification. If the authenticity of the call cannot be verified, the app will display a clear warning and add extra prompts for sensitive operations (such as withdrawals or changing account settings) during unverified calls. This feature has been launched in the Kraken, Kraken Pro, and Krak apps, and has improved detection capabilities on Android, including voice calls within apps like Telegram and Signal.
08:42
Fiserv's stock drops after cutting full-year organic revenue growth forecast to negative 1% to flat, down from prior positive 1% to 3%.
The financial-services company, which provides payment-processing and banking tools, acknowledged that its organic revenue growth could turn negative for 2026.
08:41
Europe's Hydropower Reserves Shrink Due to Summer Heatwaves and Droughts, Threatening Higher Electricity Prices for Months
08:38
Warby Parker Q2 achieved a profit of $4.6 million, thanks to an $11.8 million tariff refund, with pre-market stock down about 7%.
The eyewear retailer reported a 9.8% increase in second-quarter revenue to $235.5 million, compared to a net loss of $1.75 million in the same period last year. The company stated that tariff refunds contributed 500 basis points to its gross margin. Additionally, Warby Parker reiterated its full-year net revenue guidance of $959 million to $976 million and expects to launch a smart eyewear collection developed in partnership with Google Gemini AI assistant and Samsung in the coming weeks.
08:37
Antipodes Global Value Strategy increased its stake in Booking Holdings (BKNG) in Q2 2026, believing the market undervalues it.
The fund states that despite market concerns that AI agents might divert consumers and travel uncertainties arising from the Iran conflict, Booking Holdings, as a leading online travel agency, has core advantages such as deep supply chain relationships, a paid advertising flywheel, and loyalty programs that are underestimated by the market. Booking Holdings (NASDAQ:BKNG) closed at $207.02 on August 5, 2026.
08:33
Google Maps' "Ask Maps" feature adds agent capabilities, supporting food ordering, hotel booking, and finding event tickets
Google announced that its Maps app's "Ask Maps" feature will gain a series of new agent capabilities, including ordering food, booking hotels, and finding event tickets. Additionally, the feature will introduce "personal intelligence," allowing the AI tool to leverage users' Gmail and Google Calendar information to personalize its responses and remember previous conversations. These new features aim to transform Google Maps from a navigation tool into an assistant capable of helping users complete real-world tasks. The food ordering, hotel booking, and event ticket finding features will first launch in the United States, while personal intelligence and real-time traffic widgets will be available in all markets that support "Ask Maps."
08:33
Omilia Raises $67M Series B to Scale Customer Support Platform
The Athens-based customer support platform provider Omilia secured $67 million in a Series B funding round led by Expedition Growth Capital. Since its last fundraise in 2020, the company has increased its annual recurring revenue (ARR) tenfold to $60 million. The fresh capital will be used to open a new U.S. office, bolster its go-to-market team, and expand its headcount.
08:33
US preliminary 2Q labor productivity rises 1.4% Q/Q, exceeding estimates of +0.6%.
08:32
U.S. initial jobless claims for the week ending August 1 increased by 1,000 to 199,000, lower than the expected 204,000; continuing jobless claims for the week ending July 25 increased by 24,000 to 1,801,000.
According to data from the U.S. Department of Labor, initial jobless claims for the week ending August 1 were 199,000, an increase of 1,000 from the previous week, and lower than the market expectation of 204,000. Meanwhile, continued jobless claims for the week ending July 25 increased by 24,000 to 1.801 million. Additionally, initial jobless claims for the week ending July 25 were revised to 198,000.
08:31
Chinese camera maker Insta360 states surging chip costs from the AI boom are a bigger challenge than U.S. tariffs, as it expands in the American market.
08:30
Pakistan's Prime Minister Shehbaz Sharif visits Saudi Arabia, seeking economic support and strengthening defense cooperation, as tensions escalate in the Gulf region.
Pakistan's Foreign Ministry stated that the two-day visit comes amidst escalating tensions in the Gulf region, and Pakistan hopes Saudi Arabia will increase financing and approve an extension of oil loans. The delegation includes the Deputy Prime Minister and Foreign Minister, as well as the Chief of Army Staff, highlighting the security dimension of the trip. Pakistan recently joined the Saudi-led Red Sea naval coalition and signed a strategic mutual defense agreement with Saudi Arabia in September 2025, pledging to consider an attack on one as an attack on itself. Additionally, Pakistan has been playing a mediating role between the United States and Iran.
08:28
Wall Street Bulls Flock to S&P 500 Calls as Rally Broadens
Traders are showing strong demand for options betting on further gains in the S&P 500 Index, a benchmark that for months had been overshadowed by its more volatile rival, the Nasdaq 100.
08:27
Midstream Energy Player MPLX Offers Robust 7.2% Yield

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