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8/11
05:21
Cloud service provider DigitalOcean (DOCN) stock price has surged 275% over the past 12 months, significantly outperforming Amazon, Microsoft, and Google. The company reported a 29% revenue increase to $281.2 million in Q2 2026, with AI customer annualized recurring revenue (ARR) growing 212% year-over-year to $234 million.
05:17
MUFG Bank warns dollar at risk of falling due to Fed's unclear rate path amid Middle East energy shock, despite DXY rising 0.1% to 99.895
MUFG Bank’s Derek Halpenny stated that the dollar is at risk of falling given the lack of confidence in how the Federal Reserve will respond to the energy-price shock driven by the Middle East conflict. Fed Chairman Kevin Warsh has not provided clear signals about potential interest-rate rises, refraining from forward guidance. Concerns that the Fed could keep rates on hold despite elevated underlying inflation are causing a steepening of the Treasury yield curve. The 10-year Treasury yield rose to an 11-day high of 4.7354%.
05:16
The U.S. Army plans to order $5.39 billion worth of Patriot PAC-3 MSE missiles from Lockheed Martin to replenish stocks depleted by the conflict with Iran and expand reserves.
The U.S. Army announced last month its plan to order 53.9 billion dollars worth of new Patriot PAC-3 MSE (Patriot Advanced Capability-3 Missile Segment Enhancement) air defense missiles from Lockheed Martin (NYSE: LMT). This move aims to replenish weapon stockpiles heavily depleted by the conflict with Iran and plans to significantly increase Patriot missile reserves over seven years, including an additional purchase of 12,000 missiles.
05:16
UK MPs write to major bank CEOs, demanding explanation for crypto account refusal and payment restrictions
The co-chairs of the UK Parliament's Crypto and Digital Assets All-Party Parliamentary Group (APPG) have written to the CEOs of major UK banks, demanding an explanation for their treatment of cryptocurrency and digital asset companies. The letter highlights that crypto firms frequently encounter difficulties opening bank accounts in the UK, and several banks restrict crypto-related payments. This, they suggest, could become the biggest impediment to the growth of the UK's crypto business and potentially undermine the success of the UK's upcoming crypto regime. The MPs posed six questions to each bank, covering their policies, whether they serve crypto companies, restrictions on crypto-related transactions, and how the future regime will impact their practices.
05:16
Aben Gold Commences 2026 Drilling Program at Justin Gold-Tungsten Project in Yukon, Canada
Aben Gold has initiated its 2026 diamond drilling campaign at its wholly owned Justin Gold-Tungsten Project in Canada's southeastern Yukon Territory. The company reported that it has completed the first drill pad at the POW Zone and begun drilling activities, with a 1,300-meter program focusing on examining the continuity and depth of gold and tungsten mineralization. Construction is also underway for a second drill pad, and a third is planned for the Lost Ace zone.
05:15
Fed Chair Kevin Warsh could raise interest rates using two nontraditional methods: removing forward guidance and deleveraging the Fed's balance sheet.
The Federal Reserve Chair Kevin Warsh and policymakers have two methods to influence interest rates without adjusting the federal funds target rate. First, Warsh has already removed forward-looking guidance from FOMC statements, which has led bond traders to push up long-term Treasury yields as inflation runs hot. Second, the Fed could shrink its balance sheet, which grew to nearly $9 trillion by March 2022 and currently stands at $6.75 trillion. Selling U.S. Treasury bonds would increase long-term yields and make lending costlier, similar to a traditional rate hike.
04:59
Barclays and RBC Capital Markets analysts expect European defense stocks to deliver continued strong growth in the coming years as the region’s rearmament cycle enters a new stage.
04:58
Michael Saylor retweeted Tone Vays, who said podcasts or conferences that list certain people (such as Roger Ver, Craig Wright) as "Bitcoin experts" are only for clicks
Michael Saylor retweeted a post from crypto analyst Tone Vays. In the tweet, Tone Vays stated that he believes any podcast or conference that invites Roger Ver, Gavin Andresen, Mike Hern, Craig Wright, Luke Dashjr, Udi, etc., to speak as "Bitcoin experts" is only doing so for clicks, not for serious discussion or education.
04:46
S&P 500 hits record high, short sellers under pressure, analysis suggests further stock market gains
The S&P 500 index recently hit a new all-time high, putting significant pressure on short positions in the market. Some analyses suggest that this pressure on short sellers could indicate further upside potential for the stock market.
04:42
Indian equity funds' July inflows slow, small- and mid-caps remain in demand
Investors continue to pour money into Indian small-cap and mid-cap strategies, despite global headwinds including soaring oil prices.
04:41
Ukrainian President Zelenskyy warns Russia is preparing for war escalation, citing North Korean military equipment and increased missile production
Zelenskyy stated via X that Russia's actions, including bringing in North Korean equipment, increasing ballistic missile production, and preparing for mobilization, indicate Moscow is not preparing for peace but for escalation. His comments follow deadly Russian attacks on Ukrainian cities overnight, including a strike on Zaporizhzhia with North Korean ballistic missiles on Monday evening, which killed six people and injured 19. Zelenskyy urged international partners to increase sanctions on Russia and provide more air defense assistance to Ukraine.
04:40
Trump sends conflicting signals on Iran strategy
04:40
Iran threat prompted President Trump to secretly switch planes in Turkiye last month, with Air Force One serving as a decoy, according to US media reports.
Reports from The Washington Post and The New York Times indicate that President Trump was discreetly moved into a catering container, which then transported him to a smaller C-32A aircraft for his flight to the United Kingdom on July 8. This "deception operation" was triggered by a credible Iran-related threat. White House Communications Director Steve Cheung defended the new Air Force One, stating the US uses "every tool" to counter foreign threats.
04:31
ECB to Solicit Public Feedback on Future Euro Banknote Designs at August 20 Frankfurt Concert
The European Central Bank (ECB) and the Frankfurt Radio Symphony will host the Europa Open Air concert on August 20, 2026, at Weseler Werft in Frankfurt. At the free event, the ECB will have an information stand where visitors can engage with experts, explore ten shortlisted design proposals for future euro banknotes, and participate in a public survey. The proposals are based on themes of "European culture" and "Rivers and birds."
04:28
Brent crude oil rose 2.53% during the day, now trading at $89.940.
04:22
WTI crude oil rose 2.53% intraday, now trading at $84.210.
04:17
Morgan Stanley: Market Severely Underestimating Value of SpaceX AI Business, Stock Could Reach $600 in Bull Case Scenario
Morgan Stanley, in its research report on August 10, pointed out that the market's implied valuation of SpaceX's AI business is extremely conservative, treating it as a common emerging cloud service provider rather than an end-to-end AI platform. The firm believes that SpaceX's acquisition of the AI programming tool Cursor is a crucial step in building an enterprise AI platform, and it expects Cursor's Annual Recurring Revenue (ARR) to grow from approximately $4 billion in June 2026 to about $33 billion in 2030. The report set a target price for SpaceX at $300, with a bull case scenario potentially reaching $600, indicating significant upside from the current share price of approximately $140.
04:17
Goldman Sachs raised its 2026 EPS growth forecast for the European STOXX 600 index to 15%, citing strong performance in European equities and their advantage when AI investments are questioned.
In an August 11 research report, Goldman Sachs noted that European equities have significantly outperformed market perceptions, with the STOXX Europe 600 index's first-half earnings per share (EPS) year-on-year growth reaching 14%, its strongest in three years. The report raised its full-year 2026 EPS growth forecast from 10% to 15%. Goldman Sachs believes that since the beginning of 2025, the total return of the European STOXX index has surpassed the S&P 500, and European bank stocks have significantly outperformed the "US Magnificent Seven" since 2022. As market skepticism grows regarding the returns on AI capital expenditures by hyperscale tech companies, Europe's market structure, which emphasizes cash flow and does not chase AI, has become an advantage. This has attracted the strongest net capital inflows in a decade (excluding 2021), primarily driven by foreign investment.
04:11
DayOne Data Centers Is Said to Confidentially File for $5 Billion IPO in US
04:06
South Korea's economy expanded 3.8% on-year in H1, accelerating from 1.8% in H2 last year, with resilient fundamentals despite stock market turmoil
South Korea's economy expanded 3.8% on-year in H1, accelerating from 1.8% in H2 last year, with resilient fundamentals despite stock market turmoil. The stock market volatility has shaken investor confidence but has not yet spilled into the broader economy or financial system. Domestic demand has remained resilient, supported by gains in sectors like shipbuilding, biohealth, cosmetics, and semiconductors.

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