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8/9
20:14
Vietnam's DatVietVAC Group Holdings is pursuing an initial public offering, aiming to replicate the success of South Korea’s entertainment giants.
20:13
Analysis indicates that recent financial reports from SK Hynix and Samsung show memory chip pricing falling short of expectations, potentially signaling future pressure on Micron's performance.
Analysis indicates that recent financial reports from SK Hynix and Samsung show their memory chip (DRAM and NAND) pricing increases were lower than analysts' expectations, which could put pressure on Micron Technology's future performance. SK Hynix's DRAM pricing rose approximately 30% quarter-over-quarter, lower than Goldman Sachs analysts' expectation of 39%; Samsung's DRAM pricing increased over 40%, also failing to meet Morningstar analysts' expectation of 48%.

Analysts believe that the lower-than-expected pricing may indicate a slowdown in artificial intelligence (AI) demand growth, and SK Hynix reported lower-than-expected HBM4 chip shipments. Furthermore, long-term agreements signed between chip manufacturers and customers lock in prices for several years, which, while providing stability, could also result in peak pricing being lower than previously anticipated. Goldman Sachs analysts have already lowered their forecast for SK Hynix's DRAM price increase this quarter to 19%.
19:57
Analysis indicates that Adobe CEO Shantanu Narayen plans to step down after a successor is found, while the company's second-quarter revenue reached $6.6 billion; Arista Networks' second-quarter sales surpassed $3 billion for the first time.
An analysis article points out that software giant Adobe's CEO, Shantanu Narayen, is seeking to step down after finding a successor, which brings uncertainty to the company's future management. Adobe achieved record revenue of $6.6 billion in the second fiscal quarter ending May 29, with diluted earnings per share (EPS) increasing to $4.25. During the same period, AI hardware provider Arista Networks' second-quarter sales exceeded $3 billion for the first time, with diluted EPS increasing to $0.95. The analysis article ultimately recommends investing in Adobe, citing its market leadership in digital design tools, excellent sales and profit performance, and lower valuation.
19:57
Cleveland Fed's August inflation forecast suggests reacceleration in monthly core CPI, potentially setting up a divided September FOMC meeting
The Federal Reserve Bank of Cleveland's latest Inflation Nowcasting estimates project July CPI to rise 0.09% MoM and 3.42% YoY, with core CPI up 0.21% MoM and 2.52% YoY. The forecast also indicates a reacceleration in monthly core CPI growth to roughly 0.2% for August. This outlook could intensify divisions within the FOMC ahead of its September meeting, where a rate hike is seen as a nearly 55% likelihood according to CME Group's FedWatch tool.
19:53
Bank of Japan (BOJ) expects underlying CPI inflation to gradually increase, reaching price stability target by late FY2026-FY2027, with significant upside risks to prices
The Bank of Japan (BOJ) released its Summary of Opinions from the July 30-31 Monetary Policy Meeting, projecting that underlying CPI inflation is likely to gradually increase, reaching a level consistent with the price stability target (around 2%) between the second half of fiscal 2026 and fiscal 2027. Opinions highlighted significant upside risks to prices throughout the projection period, driven by factors such as geopolitical risks, climate change, strong AI-related demand, and expansionary fiscal policies.
19:53
Bank of Japan (BOJ) expects Japan's economy to grow moderately in FY2026, accelerating from FY2027 as crude oil price effects wane, supported by AI demand
The Bank of Japan (BOJ) released its Summary of Opinions from the July 30-31 Monetary Policy Meeting, noting that Japan's economy has recovered moderately despite some weakness from the Middle East situation. The BOJ anticipates moderate economic growth in fiscal 2026, albeit at a decelerated rate due to crude oil prices, supported by global AI-related demand and government measures. Growth is expected to accelerate from fiscal 2027 as high crude oil price effects diminish.
19:53
Treasury Wine Flags $395 Million Post-Tax Writedown Ahead of Full Year Earnings
The Australian vintner announced the A$558.4 million ($395 million) writedown, citing excess US supply and broader efforts to tackle supply chain problems in its US market.
19:33
Gold is up 1.51% intraday, currently trading at $4,406.40.
19:30
Airbnb Q2 revenue increased by 17% to $3.61 billion, stock price surged by 14% as AI customer support reduced the cost per booking by 16% and full-year outlook was raised.
Airbnb announced its second-quarter results, with revenue increasing by 17% year-over-year to $3.61 billion, exceeding market expectations. The company also raised its full-year revenue growth forecast to mid-to-high single digits, up from mid-to-low single digits previously. The financial report indicated that upgrades to its AI customer support assistant led to a 16% year-over-year reduction in support costs per booking, resulting in significant cost savings for the company. Driven by this positive news, Airbnb's stock price surged by approximately 14% on August 7th, reaching its highest level in four years. This move provided investors with clear evidence of the tangible returns brought by AI investments.
19:30
Buy now, pay later company Sezzle (SEZL) stock plunged 33.89% to $118.02 on Friday, wiping out about $2 billion in market value, despite reporting record Q2 revenue and raising full-year gui
The sharp decline followed the company's Q2 earnings report, which showed revenue up 51.7% year-over-year to $149.7 million and net income up 47.7% to $40.8 million. Management also raised its full-year revenue growth forecast to 35% and adjusted earnings target to $5.25 per diluted share. However, the implied Q2 revenue growth of about 31% for the second half of the year, a significant slowdown from the reported 51.7%, likely contributed to investor concerns, as the stock had climbed approximately 260% from its 52-week low prior to the report.
19:14
Analysis indicates that if the stock market faces a collapse, history shows that long-term investment strategies have never failed; currently, both the Buffett Indicator and the Shiller P/E ratio are at historical highs, suggesting the market may be overvalued.
An analysis article from Yahoo Finance points out that while major market indices are repeatedly hitting new highs, the Buffett Indicator has surged to a record-breaking over 232%, and the S&P 500 Shiller P/E ratio has reached 41, the second-highest point in history. These indicators suggest that the market might be overvalued, signaling a potential future correction. The article emphasizes that although short-term market movements are difficult to predict, historical data shows that all 20-year investments in the S&P 500 index since 1919 have yielded positive returns. Therefore, in market fluctuations, maintaining a long-term investment perspective and selecting quality companies are key strategies to navigate potential market downturns.
18:44
Oil prices rose, with traders focusing on the resumption of the Strait of Hormuz agreement between Iran and Oman, and Houthi rebels claiming to have attacked a Saudi refinery near the Red Sea.
18:20
US Social Security Benefits Reduce Railroad Retirement Tier I Dollar for Dollar for Split-Career Workers
For individuals who have worked in both the U.S. railroad and non-rail sectors, their Social Security benefits directly reduce the Railroad Retirement Tier I benefit. This is because Tier I is designed to correspond to what Social Security would provide and already incorporates all career earnings. However, the Railroad Retirement Tier II, which is an additional pension based solely on railroad service, is never reduced by Social Security. This coordination prevents two Social Security-equivalent benefits from being paid on the same combined career record.
18:20
Kraken warns holders of 21 delisted tokens to withdraw by August 27, 14:00 UTC, or risk near-zero payouts due to illiquid markets
Crypto exchange Kraken is urging users to withdraw 21 affected tokens by the August 27, 14:00 UTC deadline. After this cutoff, Kraken will automatically liquidate any remaining balances between September 1 and September 5. The exchange warned that many of these tokens trade in inactive markets, increasing the likelihood of poor execution prices or minimal to no proceeds during liquidation. The delisted tokens include AURA, BIT, BOND, BSX, FARM, GARI, K, KET, KINTO, LOBO, MOON, MV, NYM, RAIIN, RHEA, SAROS, SDN, SPC, SPICE, TEA, and TEER, with TEER facing additional risks as its project has ceased operations.
18:11
Brent crude futures and U.S. crude futures both rise over $1 a barrel on uncertainty over Strait's reopening
17:58
Upstart (UPST.O) shares fell 23% in July due to macroeconomic pressures and concerns that agent AI could replace SaaS products.
Upstart (UPST.O) shares fell 23% in July, primarily due to ongoing pressure on lenders from macroeconomic data and market concerns that agent artificial intelligence (AI) could replace software-as-a-service (SaaS) products. Despite the company's strong performance in Q2 2026, with revenue up 42% year-over-year, loan originations increasing by 50%, and net profit nearly tripling to $16.5 million, the market is still weighing its performance against the risks. Upstart management expects full-year revenue growth of 40% for fiscal year 2026 and has provided long-term guidance of a 35% compound annual growth rate through 2028.
17:36
Analysis: Delaying the claim for U.S. Social Security benefits until age 70, while foregoing approximately $158,000 in early benefits, still yields long-term returns superior to any annuity product on the market.
Analysis indicates that delaying Social Security benefit claims from age 62 to 70 means foregoing approximately $158,000 in upfront benefits, but this move can result in roughly 76% higher lifetime benefits in nominal terms. In the current interest rate environment, considering the lifetime cost-of-living adjustment (COLA) benefits of Social Security, its implied yield far surpasses commercial annuity products, which pay only about 5% of the premium annually after inflation adjustment. Although the break-even point for a delayed claiming strategy is typically in the early 80s, and the Social Security trust fund is projected to be depleted by 2033, potentially leading to benefit cuts, this strategy remains the most reliable inflation-adjusted lifetime income source for most retirees.
17:25
Trump says Black and Brown voters are shifting Republican
He states these voters are rejecting Communism and Socialism, and moving toward the Republican Party. Trump also points to the party’s history, noting that Abraham Lincoln was a Republican.
17:15
JPMorgan analyst Harlan Sur raised AMD's stock price target to $550 from $385, maintaining a "Neutral" rating after the chipmaker's recent earnings report.
17:04
China's "national team" battles AI stock volatility as tech ETFs draw record inflows
Concerns over AI valuations have recently rocked the Chinese stock market, posing a test for Beijing's efforts to engineer a "long bull" trend. State-backed funds, known as the "national team," came into public view around July 19.

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