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8/6
11:57
Despite Meta Platforms' Q2 EPS missing estimates by 14% and free cash flow collapsing 91%, 55 out of 62 covering analysts still hold Buy ratings. The average 12-month price target for Meta is $768.58, implying an upside of roughly 31.84% from its current trading price of $587.94. Some analysts, such as Rosenblatt's Barton Crockett, set targets above $1,000, which would deliver approximately 70% gains, driven by Llama monetization and AI-driven ad growth.
11:57
Tesla's stock price fell 26% in July, its largest monthly decline since December 2022. Analysis indicates that despite Tesla CEO Elon Musk positioning the company as an artificial intelligence technology firm and emphasizing the future potential of its autonomous driving software and robotics businesses, slow growth has led to diminished investor interest. Furthermore, Tesla's net profit has decreased by 64% over the past three years, while revenue has only grown by 8%, indicating a poor profitability trend. This makes its high valuation more reliant on speculative bets on its AI and robotics businesses.
11:56
The proposed legislation, currently under review and not yet approved, includes measures to block military and civilian cargo tied to Israel, restrict ships linked to actions against the "Axis of Resistance," deny passage to parties owing compensation to Iran, and impose fines of up to 20% of cargo value for violations.
11:56
Argentina's Vaca Muerta shale formation has seen its unconventional oil and natural gas output reach record levels, significantly enhancing energy security across the Americas. In May 2026, shale oil production hit an all-time high of 626,077 barrels per day. By June 2026, shale oil accounted for 71% of Argentina's total petroleum output, an increase from 62% a year earlier. Over the past decade, crude oil output from Vaca Muerta has surged by 74%, and natural gas by 23%. The formation boasts geological characteristics superior to many U.S. shale plays, with an estimated breakeven price of $36 per barrel, making it highly attractive for foreign investment.
11:56
Fed Chair Kevin Warsh, presiding over his second meeting, maintained current interest rates. He reiterated in a session with Congress that he and his committee "have no tolerance for persistently elevated inflation," implying potential rate hikes if necessary, despite recent lower inflation data. Following his remarks, the Dow Jones Industrial Average dropped 840 points in one day, though the index has since recovered on rate stability.
11:52
Elon Musk retweeted a post, pointing out that the way to achieve "Petawatts" of hashrate is to deploy mass drivers on the Moon. According to the content he retweeted, SpaceX plans to establish an electromagnetic launch system on the Moon called the "Lunar Mass Driver." This system, similar to a giant coilgun-style catapult, is designed to launch solar-powered AI computing satellites into orbit or deep space at extremely low cost.
11:52
U.S. President Donald Trump has vowed to find and seek long-term jail sentences for "leakers" following several media reports that U.S. munitions stockpiles are dangerously depleted amid the war with Iran. The reports, including from Reuters, CBS, and CNN, indicated that the military has nearly exhausted its offensive missiles like ATACMS and is running "dangerously low" on defensive interceptors such as Patriot and THAAD systems.

In a post on Truth Social, Trump dismissed the claims, stating the U.S. has "massive amounts of 'munitions'" and that production is ramping up. This comes despite a CNN report on Tuesday stating that 80% of THAAD and about half of Patriot interceptors have been used since the war began on February 28. Experts have warned it could take years to replenish these stockpiles.
11:52
Alphabet is returning to the bond market for the third time in nine months, seeking to raise up to $25 billion. If successful, the move would bring the total fresh capital raised in less than a year to approximately $170 billion. The fundraising follows the company's decision to increase its 2026 capital expenditure forecast to between $195 billion and $205 billion, largely for AI infrastructure. The company recently reported its first-ever quarterly negative free cash flow, but its stock rebounded as investors appeared to support the aggressive investment strategy over concerns about cash burn.
11:52
Amazon's 21% stake in Anthropic could be worth over $210 billion as the AI startup reportedly targets an IPO valuation of at least $1 trillion. The AI company, which was valued at $965 billion in its last funding round in May, is planning to go public in October. Amazon built its stake with a total investment of $13 billion. The unrealized gains from this investment have already significantly impacted Amazon's financials, boosting its Q2 2026 net income by contributing $53.4 billion to its "other" net income. Anthropic's annualized revenue reached $47 billion in mid-May, and it is also required to use Amazon Web Services (AWS) as its primary cloud provider.
11:51
SpaceX (SPCX) shares climbed 3% to $111.14 on Thursday despite the expiration of its first and largest post-IPO share lockup. The expiration unlocked 911.5 million shares, more than doubling the public float, but the feared selloff did not materialize. The positive sentiment extended to other space-related stocks, with AST SpaceMobile (ASTS) and Rocket Lab (RKLB) both rising 5%. The rally is supported by SpaceX's strong Q2 2026 results, which saw revenue beat estimates by 14.6% and Starlink subscribers double to 12 million.
11:47
Fujifilm Holdings announced it is considering a stock market listing for its business innovation segment, which includes multifunction printers and accounts for 35% of the group's revenue. The potential move aims to shift resources toward growth areas such as semiconductors and biopharmaceuticals as the market for business machines shrinks.
11:46
Nokia has launched the industry's first commercial AI-powered Radio Access Network (AI-RAN) platform. The new system is designed to handle increased mobile data traffic driven by artificial intelligence and pave the way for future 6G technology. The platform utilizes Nvidia's Aerial RAN Computer Pro (ARC-Pro) and Dell's PowerEdge servers. According to Nokia, the AI-RAN platform currently offers 20% higher spectral efficiency compared to existing systems.
11:35
BlackRock disclosed in a filing with the U.S. SEC that it plans to implement a 1-for-3 reverse stock split for its iShares Ethereum Trust ETF (ETHA) on October 6, consolidating every three shares into one.

The company stated that this move aims to increase the ETF's net asset value per share without altering investors' total holding value or the fund's total assets. In terms of background, ETHA's price has fallen by 40% this year. The fund is currently the largest spot Ethereum ETF on the market, with over $5 billion in assets under management.
11:19
Onfolio Holdings (ONFO) announced it will implement a 1-for-50 reverse stock split, effective August 10, 2026, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. This action will reduce the company's outstanding common shares from approximately 42 million to about 850,000.

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