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8/11
10:22
U.S. West Texas Intermediate futures were at $81 a barrel. Iran stated it is closing in on a deal with Oman to reopen the strait but continues to resist direct negotiations with the U.S., citing Washington's breach of a June memorandum of understanding and lack of compensation.
10:22
The Dow Jones Industrial Average added 0.2%, while the Nasdaq Composite fell 0.1%. Nvidia's gains came after the company announced a partnership with six major asset managers aimed at channeling over $500 billion into artificial intelligence infrastructure. Investors are also weighing mixed signals on the Middle East conflict and awaiting a key inflation report due Wednesday.
10:22
According to analysis by The Motley Fool, TSMC (TSMC) and Broadcom (Broadcom), currently valued at $2.2 trillion and $2 trillion respectively, are expected to reach a market capitalization of $3 trillion by the end of 2027. The analysis indicates that both companies are benefiting from the rapid development of artificial intelligence (AI). TSMC, as the world's leading logic chip manufacturer, stands to gain from increased AI spending and has already announced an additional $100 billion investment in Arizona, USA. Broadcom's custom AI chip business grew by 143% to $10.8 billion in the second quarter, and its AI semiconductor business revenue is projected to exceed $100 billion next year. These growth trends are expected to drive both companies' market capitalizations to $3 trillion.
10:16
Dune Oil Corp has initiated a tender for a 40-kilometre 2D seismic program at its Gabar Block in southeastern Türkiye. This program is a precursor to further drilling, which is expected to be finalized by September 2026. The company aims to improve its understanding of fault-related structures and identify additional drilling targets. The Gabar Block's North Prospect holds a 2C contingent resource of 27.6 million barrels, with an unrisked NPV-10 of US$733.5 million. Across all three prospects, Dune Oil estimates a total unrisked resource potential of 51.6 million barrels net to the company.
10:16
Google recently disclosed that its $900 million investment in SpaceX in 2015 had grown to $94.1 billion by the end of the second quarter, achieving a compound annual growth rate of 52.6% over 11 years.
10:04
First responders in Lebanon continue to answer emergency calls, evacuate the wounded, and search for survivors despite facing the same dangers as the communities they serve, as Israeli military attacks intensify across the country.
10:01
U.S. existing home sales fell 1.7% month-over-month in July to a seasonally adjusted annual rate of 4.06 million units, slightly above market expectations of 4.05 million units. According to data from the National Association of Realtors (NAR), the median existing home price in July rose 2% year-over-year to $434,100. Housing inventory reached 1.54 million units, equivalent to a 4.6-month supply.
10:00
Despite Berkshire Hathaway increasing its investments in tech stocks like Apple and Google, Coca-Cola remains one of its top five holdings, currently ranking as the third-largest holding and accounting for 9.8% of the total investment portfolio. The article points out that Coca-Cola's strong cash flow (net income reaching $47.9 billion in 2025) and 64 consecutive years of dividend increases (bringing Berkshire $848 million in dividends annually) are key to its continued core position. Furthermore, Coca-Cola's stock price rose by 24.5% in 2026, outperforming the S&P 500's gain of 13.3% during the same period.
10:00
According to a U.S. SEC filing, Yvonne Wassenaar, a director at cloud data security company Rubrik (NYSE:RBRK), sold 721 shares of Class A common stock on August 3, 2026, at a price of $75 per share. Following this transaction, Wassenaar directly holds 3,917 shares of the company's stock.
09:52
The U.S. Department of the Treasury and IRS have issued proposed regulations outlining how parents can make pre-tax contributions to their children's Trump Accounts directly from their paychecks. The guidance also allows employers to contribute up to $2,500 tax-free annually for employees' dependents, with these contributions potentially excluded from an employee's gross income. Treasury Secretary Scott Bessent stated that Trump Accounts, also known as 530A accounts, offer American families a new way to build wealth. The proposal is open for public comment before finalization.
09:51
The decline was attributed to renewed Ukrainian strikes on Russian refineries and disruptions around Black Sea shipping, which have led to volatile export flows and key ports like Novorossiysk and Ust-Luga operating below peak levels.
09:50
Apple (AAPL) and NVIDIA (NVDA) have repeatedly traded places as the world's most valuable company over the past two weeks. Apple first surpassed NVIDIA with a market capitalization of $4.88 trillion on July 17, after which NVIDIA briefly reclaimed the top spot, only to be overtaken by Apple again on July 27. Apple's market cap briefly touched $5 trillion on July 28, but its stock subsequently fell 7% to 8% in after-hours trading following the release of strong third-quarter earnings, due to weak guidance for the current quarter (revenue growth of 9%-11%, below Wall Street's expectation of 12%) and a downward revision in gross margin guidance. Apple CEO Tim Cook attributed this to rising memory costs and a shortage of chip manufacturing capacity.

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