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8/11
06:42
A Motley Fool analysis points out that since May of this year, the Shiller price-to-earnings (CAPE) ratio, which measures the valuation of the S&P 500 index, has consistently remained above 40. This is only the second time in history this has occurred, with the previous instance being in January 1999, on the eve of the dot-com bubble burst. The article emphasizes that while this doesn't mean a market crash is imminent, such a high CAPE ratio indicates exceptionally rich stock valuations, and investors should remain cautious. Recently, the S&P 500 index, the Nasdaq Composite index, and the Dow Jones Industrial Average have risen by 6%, 9%, and 5% respectively since late July. However, this comes alongside a poor jobs report last week and an increasing market concentration in tech stocks, with chip stocks accounting for approximately 14% of the S&P 500.
06:39
Bitcoin slipped 2% to approximately $64,200 on Monday. FxPro chief market analyst Alex Kuptsikevich stated that companies which previously championed Bitcoin are now focusing on AI data centers, leading institutional money to sell BTC for liquidity or to rotate into AI investments. This shift puts Bitcoin's flat 50-day moving average in focus.
06:37
Bank of America economists report that labor participation among people aged 55 and above has fallen to 36.9% in July from over 40% pre-pandemic. They attribute this accelerated early retirement trend to rising wealth, with the S&P 500 having gained nearly 40% over the past two years, boosting 401(k) balances for many Americans.
06:34
Software stocks have shown a rare divergence from Bitcoin (BTC), with the iShares Expanded Tech-Software Sector ETF (IGV) climbing to a one-year high relative to the largest cryptocurrency. IGV has rallied 40% from its April low and is now down only 1% in 2026, while Bitcoin has fallen 29%. Their 20-day rolling correlation has also turned negative for the first time since May 2024. Analysts note that similar negative-correlation episodes occurred during Bitcoin's 2018 bear market, the 2020 Covid shock, and China's 2021 mining ban, with Bitcoin eventually catching up each time.
06:31
Ryoo Sangdai, the outgoing Senior Deputy Governor of the Bank of Korea, stated on Tuesday that the central bank will likely need to further raise interest rates as economic growth continues to transmit to core inflation. He pointed out that South Korea's overall CPI rose by 2.8% year-on-year in July, and core CPI increased to 2.6%, both exceeding the central bank's 2% inflation target. Ryoo also mentioned that South Korea's Q2 GDP grew by 0.6% quarter-on-quarter, and exports in July increased by nearly 70% year-on-year, indicating stronger-than-expected economic performance, which supports the central bank's tight monetary stance. The timing and pace of future rate hikes will depend on new data, and the updated economic growth and inflation forecasts this month will be an important basis for the policy meeting on August 27. Ryoo's term will expire on August 20, prior to the policy meeting.
06:27
The Japanese yen was slightly weaker against the dollar, approaching the 160 level, which could prompt speculation that Japanese authorities may intervene again to support the currency.
06:20
U.S. President Donald Trump posted on social media on August 10, Eastern Time, demanding compensation from Iran for military conflict losses and instructing his representatives to include this demand in all future negotiations. This statement further dampened market hopes for a swift agreement to reopen the Strait of Hormuz, causing Brent crude to briefly surpass $90/barrel on Tuesday. Analysts from institutions such as Jefferies and Capital Economics warned that if the Strait of Hormuz blockade continues, the market will raise the probability of a long-term blockade, and oil prices could reach a "tipping point" in early Q4, at which point oil prices might further jump to $120-$140/barrel.
06:20
Energy Transfer (ET) reported its Q2 distributable cash flow climbed to $2.59 billion from $1.96 billion a year earlier. The company also updated its 2026 full-year adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance to $18.8 billion to $19.1 billion, up from a prior forecast of $18.2 billion to $18.6 billion. This follows a July dividend increase, marking the 19th consecutive quarter of boosted payouts, with the stock currently yielding 6.7%. Co-CEO Thomas Long noted customer interest in services for data centers and power facilities, and advanced negotiations for additional natural gas volumes in six states.
06:19
Modiv Industrial (NYSE:MDV) stockholders approved the proposed merger with GNL Motion Merger Sub, LLC, along with related transactions involving Global Net Lease and affiliated entities. Stockholders also approved an advisory executive-compensation proposal.
06:14
According to Zillow mortgage market data, as of August 11, the average interest rate for a 30-year fixed mortgage in the US was 6.59%, up 8 basis points from the previous day; the 15-year fixed mortgage rate was 5.97%, down 4 basis points; and the 5/1 ARM rate was 6.52%, up 15 basis points from Monday. This comes as former US President Donald Trump stated that the US is currently handling negotiations with Iran "quietly."
06:05
Alibaba Group said that through its proprietary modular architecture CUBE 5.0, it can shorten the delivery time of large-scale AI data centers to 100 days while reducing construction costs by 10%. This move aims to address the surge in demand for artificial intelligence infrastructure.
06:03
Atlassian (NASDAQ: TEAM) stock has surged 166% from its 52-week low in April. The company's fourth-quarter revenue reached $1.77 billion, a 28% year-over-year increase, surpassing Wall Street's average forecast of $1.66 billion. Meanwhile, its GAAP profit hit $139.1 million, compared to a net loss of $23.9 million in the same period last year; adjusted (non-GAAP) profit was $473.1 million, up 83% year-over-year. CEO Mike Cannon-Brookes stated that the company plans to repurchase $250 million worth of shares in the open market.
05:56
Panmure Liberum's commodity team, led by analyst Tom Price, believes copper offers similar inflation protection to gold but also provides an industrial-backed demand growth story that gold lacks. They note that copper's price action suggests it is largely indifferent to U.S. interest rates, unlike many no-yield commodities.
05:54
The Kurdistan Regional Government (KRG) stated that the regional conflict, which has seen over 1,000 missile and drone attacks on the region since February, has severely impacted its economy. KRG Prime Minister Masrour Barzani noted the region has "paid a heavy price," while a KRG spokesman estimated losses at 1.5 trillion Iraqi dinars ($1.14 billion) by April. Additionally, Iraq's Oil Ministry declared force majeure on all foreign-developed oilfields, citing disruptions to navigation through the Strait of Hormuz, which has halted most of the country’s crude exports.
05:52
The Zurich-headquartered, U.S.-listed company stated it would protect “full-price integrity in a promotional marketplace” ahead of “breakthrough innovations” in 2027, taking a “disciplined” approach.
05:42
Ramsey highlights that Social Security benefits are designed to replace only 40% of pre-retirement income, with the estimated average monthly benefit for 2026 being $2,071. He points to a 2023 study indicating 42% of Americans are not saving for retirement, and only 1 in 10 save the recommended 15% or more of their income. To address this, Ramsey advises setting a minimum monthly savings benchmark of 15% of gross income, utilizing tax-advantaged accounts like 401(k)s and Roth IRAs, and considering investments in precious metals like Gold IRAs.
05:42
Nasdaq-listed company SAIHEAT has signed a definitive merger agreement with Canopy Wave, a California-based AI inference and GPU cloud platform company. The transaction aims to pivot the combined company towards the AI inference business while retaining SAIHEAT's existing modular data center infrastructure business. Under the agreement, Canopy Wave is valued at $60 million and SAIHEAT at $40 million. The merger is expected to be completed by the end of this year, at which point former Canopy Wave shareholders will hold 54.19% of the economic interest and 78.44% of the voting rights in the combined company. The merged entity will operate under the name Canopy Wave and plans to list on Nasdaq under the ticker symbol "CWAV".
05:36
A Wall Street Journal analysis, citing FactSet data, indicates that large-cap pharmaceutical and health insurance stocks have moved into negative correlation with semiconductor exchange-traded funds in recent months. This suggests that the momentum of the artificial intelligence boom is now a primary driver for healthcare stocks, with them tending to catch a bid when chip stocks sell off.
05:32
SK Hynix's indirect stake in Kioxia, held through a special purpose vehicle, has risen to 14.19%, surpassing Toshiba's 14.06% and making it the largest shareholder in the Japanese NAND manufacturer. According to an August 10 report by Nikkei, Toshiba had previously reduced its Kioxia stake seven consecutive times between July 15 and August 3. However, SK Hynix's holding is currently in the form of convertible bonds (CBs) and does not yet carry direct voting rights. Whether it can convert these bonds into shares and expand its influence in the future will depend on factors such as regulatory approval.
05:26
Under cash-method accounting, nonrefundable deposits collected in one year for services to be performed the next can be counted as income for the collection year. This can lead to Social Security withholding benefits for individuals who claim Social Security before full retirement age and continue working, as their net self-employment earnings may exceed the annual limit. For every $2 earned above the limit, $1 in benefits is withheld, impacting seasonal operators like hunting guides, caterers, and contractors who receive advance payments months before performing the work.
05:21
Spot gold (XAU/USD) rose 0.4% to $4407.79 per ounce, and gold futures increased 1.1% to $4467.59. This followed an unexpected decline in US July non-farm payroll data, which propelled gold prices to jump 2.4% last Friday and close at their highest level in nearly 10 weeks on Monday. The market is now closely watching the US Consumer Price Index (CPI) to be released on Wednesday and the Producer Price Index (PPI) on Thursday for further signals regarding the Federal Reserve's interest rate outlook. Additionally, the latest developments surrounding the Strait of Hormuz are also impacting gold prices, with Iran stating it is finalizing an agreement with Oman on new shipping routes, but emphasizing that additional US conditions must be met for the strait to reopen.

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