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8/10
06:31
Global chipmaker TSMC's July sales surged 44.7% year-on-year to $14.5 billion, driven by strong AI demand.
TSMC announced its July revenue was NT$467.58 billion (approximately US$14.5 billion), a year-over-year increase of 44.7%, exceeding the company's full-year revenue growth guidance of 40%. As a chip supplier for tech giants such as NVIDIA and Google, TSMC's financial data is considered an important indicator of AI semiconductor demand. Despite the high volatility in semiconductor industry demand, TSMC Chairman C.C. Wei stated that AI-related demand remains strong. Previously, TSMC noted in its second-quarter earnings report that high-performance computing (to which AI chip sales are attributed) accounted for 66% of its revenue.
06:29
Yahoo Finance analysis indicates that those who retire at 60 and delay claiming Social Security until 70 would need to invest between $750,000 and $2.1 million to cover the ten-year living expense gap.
An analysis by Yahoo Finance shows that individuals retiring at 60 and choosing to delay claiming Social Security benefits until age 70 to maximize their benefits would need to prepare between $750,000 (with a 10% portfolio return) and $2.1 million (with a 3.5% portfolio return) to cover living expenses during that decade, depending on their investment portfolio's rate of return. The analysis also noted that claiming Social Security at age 62 instead of 70 would result in a permanent 30% reduction in benefits.
06:26
Macquarie Strategist Wizman Says Fed Rate Hike in December Is Possible
Thierry Wizman, global FX and rates strategist at Macquarie, discussed the outlook for the US economy and inflation, stating that "December doesn't look like the wrong time" for a Federal Reserve interest-rate hike this year. He noted that a new Summary of Economic Projections (SEP) would be available then, and the Fed tends to make significant policy changes in conjunction with the release of these projections.
06:25
Rocket Lab stock fell 36.1% in July due to broader space sector valuation pullback and macroeconomic factors, but has risen 27.5% in August after securing a $397 million contract with the U.
Rocket Lab's July decline was attributed to a general reduction in exposure to space stocks, an unfavorable macroeconomic backdrop for growth-dependent tech, and intensified Iran war concerns impacting oil prices and inflation expectations. The August rebound is supported by a bullish market and the new contract, announced August 4, for developing, launching, and operating next-generation satellites to detect and monitor airborne threats.
06:25
Job seekers are using "prompt injection"—hidden instructions—in resumes to manipulate AI screening tools, with some employers now considering recruiting those who use the tactic while others
The tactic involves embedding invisible text in resumes that AI processing tools can read, aiming to improve candidate ranking or advance them in the hiring process. A Duke University study of 200,000 resumes found at least 1% contained such injections. While a 2026 study by the Association for Computational Linguistics confirmed its effectiveness, especially when few applicants use it, major job platforms like Indeed are implementing safeguards to detect and defend against these manipulation attempts. Conversely, some recruiters view the ingenuity behind prompt injection as a positive trait for tech and innovation roles.
06:15
Bitcoin's BVIV volatility index fell to 35.59%, its lowest since September, as option demand collapsed, yet downside protection remains pricey.
06:14
HELOC adjustable rate hits new 2026 low of 7.16%, while fixed-rate home equity loans average 7.35%
According to real estate data analytics company Curinos, the average adjustable rate for Home Equity Lines of Credit (HELOC) has reached a new 2026 low of 7.16%. Meanwhile, the national average rate for fixed-rate home equity loans stands at 7.35%, slightly up from its 2026 low of 7.31% in late June. The current differential between the two is 19 basis points. These rates apply to applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio of less than 70%.
06:14
Bechtel takes over site management for Poland's first nuclear power plant project, large-scale site preparation and construction work initiated
U.S. engineering firm Bechtel has taken over site management for Poland's first nuclear power plant project, marking a transition from the design and planning phase to large-scale site preparation and construction. This move coincides with the start of work at the nuclear power plant site in Choczewo, a key development in Poland's long-term energy strategy. Bechtel will be responsible for overseeing construction operations, coordinating contractors, regulating on-site activities, and ensuring project safety standards. Currently, over 400 people are involved in the initial site engineering work, with approximately one-third of them being locally hired Polish personnel.
06:14
High-yield savings accounts offer up to 4.15% APY today, August 10, with Forbright Bank providing the top rate
High-yield savings accounts are currently offering competitive interest rates, with the highest available reaching 4.15% APY as of Monday, August 10, 2026. Forbright Bank is noted as providing this leading rate. This comes after the Federal Reserve lowered the federal funds rate in late 2024 and throughout 2025, keeping rates unchanged so far in 2026, which has led to a steady decline in deposit rates from their peak.
06:14
Vanguard predicts U.S. stock market's annualized returns will be only 3.3% to 5.3% over the next decade, significantly lower than the past decade's level.
In a report published in July, Vanguard stated that it expects the annualized return of the U.S. stock market to be between 3.3% and 5.3% over the next decade, which is significantly lower than the S&P 500's annualized return of 15.26% over the past decade. The company's forecast for growth stocks is even more pessimistic, predicting an annualized return of 1.9% to 3.9%. The report also suggested that U.S. Treasury bonds and stocks in developed markets outside the U.S. might perform better, with expected annualized returns of 3.8% to 4.8% and 5.7% to 7.7%, respectively.
06:13
Disney plans to repurchase at least $9 billion worth of shares this fiscal year, marking a 9-year high in buyback volume, as the company's valuation sits at a multi-year low.
Walt Disney Co. (NYSE: DIS) CFO Hugh Johnston stated that the funds primarily came from cash previously earmarked for the OpenAI deal and anticipated proceeds from the A+E transaction, as the company sold its 50% stake in A+E Global Media, expected to generate $1.2 billion in cash. This move brings Disney's buyback activity to the level of $9.4 billion in fiscal year 2017 (9 years ago), demonstrating management's confidence in the company's fundamentals and stock price. Disney currently trades at a P/E ratio of 16.8x, a 33% discount to the broader S&P 500 index.
06:10
Bybit Lists OUSTUSDT Perpetual Contract, Offering Up to 25x Leverage
06:10
Bybit Lists SKDDUSDT Perpetual Contract, Offering Up to 25x Leverage
06:10
Bybit Lists SKUUUSDT Perpetual Contract with Up to 25x Leverage
The contract is based on Graniteshares 2x Long SK Hynix Daily ETF (SKUU).
06:09
RFK Jr. slated to unveil plan targeting loophole that allows chemicals in food supply - WAPO
06:03
Meta CEO Mark Zuckerberg says the company will soon resume releasing open-source AI models, with an independent board having authority to approve safety criteria, and unveils Muse Glimmer, a
Meta CEO Mark Zuckerberg says the company will soon resume releasing open-source AI models, with an independent board having authority to approve safety criteria, and unveils Muse Glimmer, a new open-weight agentic model designed to run locally on Macs and PCs.
06:01
USD/JPY rose 0.71% intraday, now at 158.8650.
05:51
Iran's Foreign Ministry says senior officials may visit Pakistan, but "appropriate conditions" are needed.
Iran's Foreign Ministry stated that senior Iranian officials, including Foreign Minister Abbas Araghchi and chief negotiator Mohammad Bagher Ghalibaf, would only visit Pakistan when "appropriate conditions" are met. Although Pakistan has been mediating in the conflict between Iran and the United States, Tehran clarified that any potential visit would primarily focus on bilateral relations.
05:47
SpaceX Stock Falls 34% From Post-IPO Peak; Analysts Caution on Future Investment Value
SpaceX's stock has declined 34% from its post-IPO peak. Analysts note the company is valued at $1.7 trillion, trading at approximately 56 times sales, suggesting significant growth is already priced in. While its connectivity division (Starlink) generated $4.3 billion in Q2 revenue and $1.6 billion in operating profit, its AI and space divisions require substantial investment and are less profitable. Analysts suggest that without major breakthroughs, a $10,000 investment today might be worth $10,000 or less by the end of 2027.
05:42
Pakistan-based packaging company Novatex has secured a loan of up to $20 million from IFC, a member of the World Bank Group, to import raw materials and machinery to support local manufacturing and exports.
Pakistan-based packaging company Novatex has secured a loan of up to $20 million from IFC, a member of the World Bank Group. The funds are earmarked for importing raw materials and machinery to support local manufacturing and exports. IFC stated that the financing aims to bolster local manufacturing while supporting job creation, export revenues, and the stability of domestic supply chains, as well as reducing reliance on imported packaging supplies. Novatex is Pakistan's largest non-textile exporter, holding over 65% of the country's PET resin market share.

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