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8/10
06:35
The changes, set to be officially announced on October 14, include an estimated 3.8% cost-of-living adjustment (COLA) for all beneficiaries, which could add approximately $79 per month to the average retirement benefit. Additionally, the income required to earn a Social Security credit will increase from $1,890 in 2026, and the payroll tax cap will rise from the current $184,500. The earnings test limits, which can reduce benefits for those working below full retirement age, will also be adjusted upwards from the 2026 thresholds of $24,480 and $65,160.
06:34
Geoff Kendrick, Standard Chartered Bank's Head of Digital Assets Research, initiated coverage on Chainlink in a report and set this price target. The report states that the value of on-chain tokenized assets is expected to grow 12-fold from approximately $340 billion currently to $4 trillion by the end of 2028, while assets deployed in DeFi are projected to increase 37-fold to $2.7 trillion by 2030. As Chainlink charges fees for providing data and transferring assets between different chains, the bank anticipates its fees to grow approximately 25-fold during this period, assuming the token price will rise with the fees. The report also mentions that Chainlink currently has over $110 billion in total value locked, covering about 70% of the oracle-dependent value in global DeFi. The bank has previously provided price predictions for other DeFi projects such as Uniswap and Aave.
06:34
The board of directors of storage chip manufacturer Sandisk has approved an additional $14 billion stock repurchase program, bringing its total remaining repurchase authorization to $15.5 billion, which accounts for approximately 8.6% of the company's current market capitalization. This move comes after the company reported strong fourth-quarter financial results, with revenue growing 372% year-over-year to $8.97 billion, a gross profit margin of 84.6%, and full-year net profit reaching $11.4 billion.
06:31
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
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
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'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
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.
06:14
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
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 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
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
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
The contract is based on Graniteshares 2x Long SK Hynix Daily ETF (SKUU).
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 new open-weight agentic model designed to run locally on Macs and PCs.
05:51
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'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. 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.
05:35
High Gasoline Prices, Fueled by Middle East Crisis, Boost China's EV Exports and Reshape Global Car Market. Chinese electric-vehicle makers, facing a glut of EVs and weak domestic demand earlier this year, are leveraging the high gasoline prices resulting from the Middle East crisis to export their excess supply, prompting more drivers overseas to buy EVs and impacting traditional carmakers' market share.
05:31
U.S. retailers have accelerated their import of goods in advance to circumvent the new 10%-12.5% tariffs effective July 24 (replacing the temporary tariffs expiring July 23) and to cope with supply chain uncertainties. This has led to the early arrival of the traditional peak season for U.S. retail imports (typically in late summer or autumn) this year. According to the latest Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates, U.S. ports handled 2.23 million Twenty-Foot Equivalent Units (TEUs) of container imports in June, a 13.2% increase year-over-year.
05:28
Analysts suggest that if SpaceX can swiftly expand its compute capacity, Microsoft could be perfectly positioned to monetize what they describe as a “one-in-a-generation opportunity” stemming from Elon Musk's AI initiatives for the company.
05:17
The multi-year partnership aims to bolster monitoring and oversight of trading activity on Kalshi's platform. This move comes as prediction markets face increasing pressure from lawmakers following high-profile alleged insider trading cases, including a recent $35,000 fine by the Commodity Futures Trading Commission (CFTC) against former Republican Representative George Santos for alleged manipulative trading on Kalshi, and an ongoing investigation into a White House teleprompter operator.
05:17
JPMorgan Chase strategists have raised their S&P 500 earnings per share (EPS) estimate for 2026 to $365, representing a 35% annual growth, and increased their S&P 500 target price from 7,800 to 8,000. The index is currently trading at 7,758.

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