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8/8
08:15
Robert W. Baird analyst Tristan Gerra raised onsemi's (ON) price target on August 3, citing improving growth momentum in AI data centers, industrial markets, electric vehicles, and China, as well as higher factory utilization and a more favorable product mix. Nevertheless, the analyst expressed concerns about onsemi's market share loss in the industrial, automotive, and analog sectors, believing that competitors such as STMicroelectronics (ST) and Texas Instruments (TXN) are growing faster, and that onsemi's relatively limited in-house manufacturing capabilities could become a competitive disadvantage.
07:53
On Friday, the S&P 500 added 0.6%, while the Cboe Volatility Index (VIX) fell to its lowest level since January. Earlier this week, S&P 500 index call options trading volume on Cboe Global Markets exceeded 4 million contracts on Tuesday, setting a new record as the benchmark surged above 7,700 for the first time. Zero-day-to-expiry call options also hit a record 2.4 million trades on Tuesday. S&P 500 earnings are on pace to grow 47% in the second quarter, which would be the biggest since 2021.
06:55
Al Jazeera, in an analytical report, stated that Israel's occupation has intensified resistance and trapped itself in a vicious cycle of its own making. The report noted that this cycle recently led to deadly incidents near Nablus, resulting in the deaths of five Palestinians, while also establishing four new outposts.
06:36
Emerging AI cloud service provider Firebird has launched the largest AI factory in the CIS region in Armenia, powered by NVIDIA accelerated computing and Dell Technologies high-performance AI infrastructure. The opening ceremony was attended by Armenian Prime Minister Nikol Pashinyan, Kazakhstan Deputy Prime Minister Zhaslan Madiyev, and others. Firebird plans to deploy over 70,000 NVIDIA Rubin and Blackwell GPUs and provide 300 megawatts of AI infrastructure capacity in Armenia by the end of 2027. NVIDIA had previously announced its intention to invest in Firebird to support its global AI infrastructure expansion.
06:07
According to average rates from the Zillow lender marketplace, the 30-year fixed rate fell by 7 basis points to 6.61%, while the 15-year fixed rate rose by 11 basis points to 6.01%. The 5/1 adjustable-rate mortgage (ARM) also increased by 3 basis points to 6.37%.
02:32
Fire Point CEO Iryna Terekh stated that Kyiv has "learned the hard way" that military strength is an essential precursor to diplomacy, describing deep strikes into Russian territory as a core tenet of the country's pressure campaign. The company, which facilitates over 60% of Ukraine's long-range drone operations, has grown from three founders to over 7,000 employees since 2022, when it produced around 200 drones. Terekh added that it "looks realistic" to expect the team to produce more than 100,000 drones by year-end. However, a hold-up in European funding has prevented the company from maximizing production of its FP-5 Flamingo cruise missile, and Terekh criticized European bureaucracy as a significant impediment to their efforts.
02:26
IMF First Deputy Managing Director Dan Katz says domestic stablecoins could boost demand for dollar-backed tokens, as users may favor digital dollars for their liquidity, network effects and cross-border acceptance.
02:15
This marks his first visit to the Balkan country, whose leader has been scaling back once-close ties with Russia.
01:34
The ruling grants temporary relief to the major pharmaceutical contractor, preventing the Defense Department from enforcing the label.
00:38
The attack occurred in the early hours of Saturday, with missiles striking eastern districts of Kyiv and witnesses reporting loud explosions. Falling debris damaged apartment buildings and cars, and a detached building also caught fire. Ukrainian President Volodymyr Zelenskyy had previously warned that Ukraine's supply of missile interceptors was dwindling.
00:09
According to tech media The Information on August 7, Amazon Web Services (AWS) executives convened an engineering meeting in May this year, demanding that they do everything possible to save hashrate resources to cope with the surge in CPU demand for its EC2 cloud server business due to the explosive popularity of AI Agents. Insiders revealed that CPU resources that AWS internal engineers could previously obtain in a few hours now require several days of waiting. In addition, AWS's "Spot Instances" have also become difficult to obtain in large quantities, indicating that its overall hashrate supply and demand gap is narrowing. Intel executives stated that the ratio of CPU to GPU usage in AI inference has approached 1:1 in July from 1:4 in April, further confirming the trend of rising CPU demand.
8/7
23:48
Saudi intelligence chief Khalid bin Ali Al Humaidan met Iraqi Prime Minister Ali al-Zaidi in Baghdad, renewing an invitation for al-Zaidi to visit Riyadh. The meeting aimed to resolve strained ties after al-Zaidi cancelled an earlier trip following a joint US-Saudi operation on July 29, which killed 20 fighters of Iraqi armed groups. Al-Zaidi's office stated the two focused on coordinating security issues, with al-Zaidi reiterating that Iraqi soil would not become a launchpad for attacks on any other country. Separately, the Iran-aligned Islamic Resistance in Iraq announced it was postponing a retaliatory strike for the US-Saudi operations.

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