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8/8
19:38
Crews recover 19 bodies from rubble of destroyed Gaza building, most are women and children
Gaza's civil defence stated that the recovery, which concluded on Saturday, was from the "Karam" building in Gaza City's western area. Recovery efforts are hampered by a chronic shortage of heavy machinery, forcing crews to rely on rudimentary tools and manual labor. Gaza’s Health Ministry reports over 8,000 people remain missing under rubble across the territory. Since the ceasefire on October 11 last year, at least 1,254 people have been killed and 804 bodies recovered from rubble.
19:06
iShares Semiconductor ETF (SOXX) Beats VanEck Semiconductor ETF (SMH) by Over 20 Points YTD 2026
The iShares Semiconductor ETF (SOXX) has returned 80.24% year-to-date in 2026, outperforming the VanEck Semiconductor ETF (SMH), which returned 59.86% over the same period. This significant 20.4 percentage point gap is attributed to SOXX's more evenly distributed, capped weighting methodology, which has benefited from a broadening chip market leadership this year. In contrast, SMH's market-cap-weighted, concentrated approach, with higher exposure to top names like AMD, Broadcom, Micron, Taiwan Semiconductor, and Nvidia, has lagged as these larger positions underperformed relative to the broader sector. The Invesco PHLX Semiconductor ETF (SOXQ) also returned 72.20% year-to-date.
18:34
Warren Buffett's favored 'Buffett indicator' hits record 232%, signaling market overvaluation similar to dot-com bubble era
The "Buffett indicator," which compares total U.S. stock market value to GDP, has reached a record high of over 232%. This metric, along with the S&P 500 Shiller CAPE Ratio (currently 41, its second-highest point), suggests the stock market is flashing warning signs reminiscent of the dot-com bubble. Warren Buffett himself recently cautioned investors against getting too comfortable with short-term risky investments, calling it "gambling."
18:01
Analysis indicates that to replace the average U.S. Social Security benefit (USD 24,000 annually) with dividend income, one would need to invest USD 685,000 at a 3.5% yield, USD 400,000 at a 6% yield, and USD 240,000 at a 10% yield.
The analysis further points out that with the current yield of approximately 4.6% on 10-year U.S. Treasury bonds, an investment of about $518,000 would be required to achieve an annual income of $24,000. The article emphasizes that a 3.5% dividend yield, if it grows by 8% annually, can double income within 9 years; whereas a fixed income yield of 10% might stagnate and erode the principal over time.
17:39
Northern Oil and Gas's Q2 adjusted EBITDA increased by 17% quarter-over-quarter, free cash flow surged by over 400% to $159 million, and the share repurchase authorization was raised to approximately $243 million.
Northern Oil and Gas (NYSE:NOG) announced its second-quarter results, with adjusted EBITDA increasing by 17% quarter-over-quarter, and free cash flow surging over 400% from Q1 to $159 million. The company's production grew by 9% year-over-year in the quarter, despite temporary curtailments in the Permian region due to weak Waha natural gas prices. Additionally, the company repurchased 2.95 million shares, increased its buyback authorization to approximately $243 million, and paid a quarterly dividend of $0.45 per share. Management projects adjusted EBITDA for 2026 to be between $1.4 billion and over $1.5 billion, with free cash flow expected to range from $375 million to over $500 million.
17:02
Broadcom (AVGO) announced new features for VMware vDefend and Avi Load Balancer to combat AI-driven cyberattacks, and expects its AI chip business revenue to exceed $100 billion by 2027.
Broadcom announced new features for VMware vDefend and Avi Load Balancer on August 6, including native API protection, local malware sandboxing, and comprehensive air-gap support, designed to combat AI-driven cyberattacks. Meanwhile, CEO Hock Tan expects its AI semiconductor business to generate over $100 billion in revenue by 2027, with the business already achieving $10.8 billion in revenue in the second quarter, a 143% year-over-year increase. Currently, Google is its main chip buyer, and other major customers like Meta Platforms are expected to increase orders by 2027.
16:59
Elon Musk reposted SpaceX's tweet about its Falcon 9 rocket launching 24 Starlink satellites into orbit from California.
16:46
Ana G. Pinczuk, President of Products and Technology at SentinelOne, sold 6,230 shares of company stock worth approximately $125,000 on August 6.
According to a U.S. SEC filing, Ana G. Pinczuk, President of Products and Technology at SentinelOne (NYSE:S), sold 6,230 shares of Class A common stock on August 6. The transaction was valued at approximately $125,000, based on a weighted average selling price of $20.09 per share. This sale was a non-discretionary transaction, intended to cover tax obligations arising from the settlement of restricted stock units. Pinczuk still holds 737,716 shares, with a market value of approximately $15.31 million as of the close of trading on August 6. On the same day, several other executives also conducted stock sales, indicating a unified stock vesting date.
16:46
SentinelOne COO Barry L. Padgett sold 9,778 shares of company stock worth approximately $196,000 on August 6.
According to a U.S. SEC filing, Barry L. Padgett, President and COO of SentinelOne (NYSE:S), sold 9,778 shares of Class A common stock on August 6, with a transaction value of approximately $196,000 (based on a weighted average selling price of $20.09 per share). This sale was non-discretionary and was conducted to cover tax obligations arising from the vesting and settlement of restricted stock units, categorized as a "sell to cover" transaction under the company's equity incentive plan. Following the transaction, Padgett still directly holds 977,430 shares of the company's stock, valued at approximately $20.3 million based on the closing price of $20.76 per share on August 6. This sale represented only about 1% of his direct holdings.
16:41
Analysts Project Dell Technologies (DELL) Sales to Exceed $221 Billion by 2029, Stock Price Potentially Nearing $980
Morningstar analysts anticipate Dell's sales to surpass $221 billion in its fiscal year 2030 (calendar year 2029), a significant increase from last year's $113.5 billion. They also forecast an adjusted earnings per share (EPS) of $32.83 for 2029, up from $10.30 last year. Based on these projections and recent valuations, Dell's shares could approach $980 by 2029. The company's growth is largely driven by its artificial intelligence (AI) business, with AI-optimized server sales surging 757% year-over-year in its fiscal first quarter to $16.1 billion, and its current AI backlog standing at $51.3 billion.
16:09
CNBC's Jim Cramer Calls Rocket Lab (RKLB) a "Pure Spec" Stock, Favors Voyager Technologies (VOYG) After Q2 Revenue Surged 51% Sequentially
Cramer expressed a cautious stance on higher-risk plays in the commercial space and defense sector, dismissing Rocket Lab (RKLB) as speculative. He highlighted Voyager Technologies (VOYG) as a preferred choice, citing its strong second-quarter earnings report. Voyager's revenue increased 51% quarter-over-quarter, with a narrower-than-expected loss and a 22% sequential jump in backlog. The company also raised its full-year revenue forecast, partly due to the recent acquisition of Astrobotic, and has been securing more government defense contracts. Voyager's stock jumped 14% before the earnings report and rallied another 19.6% afterward.
16:09
The Strait of Hormuz disruption continues for several months, the global aviation industry faces a severe fuel shortage, and Europe is expected to have a Q3 deficit of nearly 600,000 barrels/day.
Global aviation fuel supplies face severe shortages due to the closure of the Strait of Hormuz for several months, caused by the war between the US and Israel against Iran. Europe is particularly hard hit, with consultancy Energy Aspects predicting a deficit of nearly 600,000 barrels per day in European aviation fuel supply in the third quarter of this year, while the US and Asia-Pacific regions are expected to see surpluses. The International Energy Agency (IEA) has made similar estimates. Fuel prices have fluctuated wildly, reaching as high as $215.32 per barrel in late March before falling to above $130 per barrel. Ryanair of Ireland stated that its unhedged fuel was impacted by the price surge, increasing operating costs by 11%. Southwest Airlines' fuel expenses in the second quarter increased by nearly $900 million year-on-year, and United Airlines expects an additional nearly $6 billion in full-year fuel expenditures in 2026. EU Energy Commissioner Dan Jorgensen stated that the EU might face fuel shortages by the end of summer and plans to coordinate the release of national reserves to cope.
16:09
Hunter Biden says former President Joe Biden's prostate cancer has spread beyond his bones and is 'very painful'
Hunter Biden stated in a BBC interview that his father, former President Joe Biden, 83, is suffering from prostate cancer that has spread beyond his bones, describing it as 'very painful' and debilitating. Biden had revealed his aggressive prostate cancer diagnosis in May 2025 and subsequently underwent radiation and hormone therapy. A spokesperson for the former president declined to comment on the latest update.
15:47
Nokia Signs 5G Expansion Agreement with Taiwan Mobile to Deploy AI-Driven Network Software and Hardware
Nokia signed a 5G expansion agreement with Taiwan Mobile on July 14 to deploy its AirScale portfolio and AI-driven software across the carrier's network. This deal is part of Nokia's broader strategy to build AI-native mobile infrastructure, aiming to address the anticipated surge in AI traffic. The deployment will support 5G-Advanced features and includes Nokia's AI for Network software, next-generation baseband and radio hardware, AI-powered energy management, and AI-enabled self-healing capabilities. Nokia has also deepened its partnership with Nvidia, with its AI-RAN base stations running on Nvidia GPUs.
15:42
OpenAI acquires presentation startup NextSlide, integrating its team into ChatGPT
NextSlide's product could turn prompts, notes, documents, or research into polished, editable presentations. The startup's founder, Ahmed Beshry, stated the team will continue their mission of building AI products that help people create and communicate. The acquisition took place earlier this year, though the announcement is coming a few months late.
15:28
CRO (Cronos) price pulls back to $0.04957, hitting a near 365-day low.
15:26
Morgan Stanley Direct Lending Fund Q2 net investment income falls to $0.45 per share, NAV drops to $19.50 per share.
Morgan Stanley Direct Lending Fund (MSDL) announced its second-quarter earnings, with net investment income decreasing to $0.45 per share from $0.47 per share in the previous quarter, primarily due to new non-accrual loans and increased financing costs. The board declared a regular dividend of $0.45 per share for the third quarter, maintaining the previous payout. At the end of the quarter, net asset value (NAV) per share decreased to $19.50 from $19.81 in the first quarter. Non-accrual loans as a percentage of investment cost rose to 2.9%, but management stated that approximately 95% of the investment portfolio had a risk rating of 2 or better, and metrics such as revenue, EBITDA, and interest coverage ratios showed improvement. The fund also issued $350 million in five-year unsecured notes with a coupon rate of 6.10% and repurchased $12.5 million of its shares below NAV.
14:55
Toast CEO Aman Narang Sells 138,000 Company Shares Worth $4.9 Million
Toast (NYSE:TOST) CEO Aman Narang reported selling 138,052 shares of the company's stock, valued at approximately $4.9 million. This transaction was executed under a Rule 10b5-1 trading plan adopted by the Starlight 2026 Charitable Remainder Trust on March 13, 2026, designed to automate trades and avoid potential conflicts of interest. As of August 6, Toast's stock price has fallen by 24% over the past year.
14:49
JPMorgan Chase's JEPQ ETF's Monthly Payout Soars to Record $0.71 During 2026 Nasdaq Correction, Highlighting Volatility Driving Covered Call Income
The ETF aims to provide monthly cash flow by holding Nasdaq large-cap stocks and selling call options. When the Nasdaq 100 Index entered a correction zone in the spring of 2026 and the VIX index peaked at 31.05 on March 27, JEPQ's monthly dividend gradually increased from $0.46572 in February to $0.70497 on the ex-dividend date of August 3, marking the highest single payout in the fund's history. This indicates that increased market volatility directly boosts the income from covered call strategies, but its downside buffering effect during the 2022 bear market was less than implied by its 10% yield, and it underperformed the Nasdaq index during rapid rebounds.
14:44
LegalZoom (LZ) shares fell 30% after the company lowered its fiscal year 2026 revenue guidance.
The company's stock price fell on August 6 after it released its second-quarter earnings report. LegalZoom lowered its full-year revenue guidance from $810-$830 million to $795-$805 million and also lowered its adjusted EBITDA guidance. Previously, on August 4, LegalZoom announced the integration of new agents into Microsoft 365 Copilot to assist small businesses with business formation and legal advice.

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