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12:55
Tesla CEO Elon Musk argues that artificial intelligence's power demand exceeds the capacity of the U.S. power grid. He points to New York and Texas slowing the construction of AI data centers due to high electrical demand. Texas Governor Greg Abbott noted that new connection requests, largely from AI data centers, were more than five times the state's peak demand. Musk himself built a natural gas-fueled power plant in Mississippi to power his Colossus I and II data centers, suggesting power is increasingly a limiting factor for AI.
12:54
A Chinese diplomat said Friday that former US President Donald Trump’s trade war with China created a “tortuous experience” that disrupted the flow of soybeans between the world’s two largest economies.
12:51
Donald Trump表示,将就上诉法院阻止白宫军事中心建设的裁决立即上诉至美国最高法院。他称,两名奥巴马和拜登任命的上诉法院法官投票反对这一“国家安全急需的军事中心”。Trump援引法官Neomi Rao的异议指出,地区法院没有管辖权,且平衡压倒性地有利于政府的安全利益。他强调,该项目包括防空洞、医院设施、绝密军事设施以及防导弹和防无人机结构,对美国国家安全和军事行动至关重要。军事和特勤局也认为这一裁决对国家安全构成威胁。
12:45
On-chain data shows a single issuance of the USDC contract, with transaction hash 0x13aa1c59735036b8b59d4299d03721da8fd2092a272b5187f7d2ebeb9f831f83.
12:42
Phong Le stated that he joined Gary GillX to discuss MicroStrategy's Digital Credit Capital Framework, $STRC's path to par, Bitcoin monetization, institutional adoption, regulatory clarity, and $MSTR as amplified Bitcoin.
12:39
Instacart (Maplebear, Nasdaq: CART) shares rose 11.9% at 11:05 AM ET after the company reported second-quarter revenue of $1.043 billion, exceeding the market consensus of $1.03 billion. Instacart also issued a strong third-quarter outlook, projecting a gross transaction value (GTV) of $10.3 billion to $10.55 billion and adjusted EBITDA of $320 million to $340 million, both above analyst expectations.
12:39
According to Morningstar, the $2.76 billion inflow to high-yield retail funds between July 30 and August 5 was primarily channeled through fast-money ETFs, which accounted for $2.37 billion. This marks the largest inflow since mid-April and offset a $692 million outflow from the previous week, pushing the four-week rolling average into positive territory.
12:39
Optical component supplier Lumentum saw its stock climb 21% over the last five trading days. The company achieved record revenue of $808 million in fiscal Q3 2026, marking a 90% year-over-year increase. Management noted that the supply of EML laser chips lags demand by over 30%, with pump and narrow linewidth lasers even more constrained, keeping shipments well below customer demand. Lumentum guided fiscal Q4 2026 revenue to a range of $960 million to $1.01 billion.
12:38
CoinbaseDev现已支持通过一个API调用创建任何类型的托管钱包,包括自托管、开发者托管和用户托管。该API提供简洁的抽象层,可跨多个区块链和多种资产类别(如稳定币、加密货币和代币化现实世界资产)工作,旨在解锁新的功能。
12:36
Bybit, the world's second-largest cryptocurrency exchange, has filed a civil lawsuit in the U.S. District Court for the District of Columbia, alleging that North Korea and its affiliated hacking group, Lazarus Group, stole approximately $1.5 billion in Ethereum (over 400,000 ETH and stETH) on February 21, 2025. Bybit stated that it has obtained a preliminary injunction to freeze a portion of the allegedly stolen digital assets for preservation during the litigation. North Korea is accused of using the illicit proceeds to fund its weapons programs.
12:35
The analysis points out that due to persistently high option premiums caused by military conflicts in the Gulf region, investors can profit by selling put options on Chevron (CVX) when the stock price rises, remains flat, or experiences a small decline. The article emphasizes that Chevron's record free cash flow and a forward P/E ratio of less than 14x provide strong fundamental support for this strategy. Furthermore, Chevron is relocating its corporate headquarters from California to Houston and may close its refineries in California to cope with the state's burdensome regulatory environment.
12:34
Microsoft CEO Satya Nadella stated that running MAI models on the company's custom AI chips yields up to 40% better performance per watt. This efficiency gain is expected to lead to lower operating costs and potentially higher margins for Microsoft's cloud segment, which is its main growth driver. The company has increasingly relied on its custom AI chips, moving away from a historical dependence on external suppliers like Nvidia, to power its AI services including Large Language Models.
12:21
Japan's Government Pension Investment Fund (GPIF) recorded a quarterly record 24.09 trillion yen ($153 billion) in gains for the three months through June. This achievement reflects an 8.2% return on its mix of domestic and international stocks and bonds, primarily boosted by surging stocks driven by AI investment. The fund's assets under management reached 317.76 trillion yen in June, surpassing 300 trillion yen for the first time.
12:18
Progyny (NASDAQ: PGNY), a fertility benefits management company, saw its shares fall 6% on Friday after the company reported second-quarter results showing a 5% increase in sales (or 11% excluding the loss of a major client last year) and a 15% increase in adjusted earnings per share, both exceeding Wall Street expectations. However, management's guidance for third-quarter sales growth of only 7% to 11%, along with an anticipated slight sequential decline in earnings, triggered a negative market reaction.
12:17
Senator Martin Heinrich, the top Democrat on the Senate Energy and Natural Resources Committee, will introduce a bill to eliminate tax breaks for U.S. oil and gas companies operating overseas. The proposal comes as major oil companies like ExxonMobil and Chevron report record profits (Q2 net income: Exxon $14.5 billion, Chevron $12 billion) and U.S. gasoline prices average $4.06 per gallon, a significant source of voter discontent ahead of November's midterm elections. The bill aims to treat overseas fossil fuel profits the same as other foreign business income and prevent misclassification of payments to foreign governments to reduce U.S. tax liability.
12:17
Yahoo Finance's "Morning Brief" team has set a five-year price target for SpaceX at $141.84, while TMF co-founder and CEO Tom Gardner, representing Team Hidden Gems, has given a target price of $217.52. Another analyst, based on a revenue expectation of $350 billion in 2030 and an enterprise value/sales multiple of 7x, calculated a five-year price target of $157.14. Furthermore, an analyst, relying on narrative and intuition, provided a target price range of $180-220 for 2031 but expressed pessimism regarding the company's financial performance over the next five years, believing it might face negative free cash flow and high capital expenditures.
12:07
Howmet, a Big Cap 20 component, saw its stock price climb after announcing strong earnings. The stock is currently wading in a 5% buy zone, making it actionable. Fellow aerospace stock ATI (ATI) also reported robust earnings.

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