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8/11
12:46
Despite trading 28% below its 52-week high, Nvidia posted Q1 FY27 revenue of $81.6 billion, an 85% year-over-year increase, with Q2 FY27 guidance set at $91 billion. The analysis notes Nvidia's current valuation at 26x forward earnings with a PEG ratio of 0.62 appears cheap relative to its growth rate. Key catalysts for the $325 target include the successful launch of the Vera Rubin platform, sustained Data Center growth, and the recently announced $500 billion AI infrastructure financing partnership with firms including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. However, shares slipped 2.86% in the most recent session following the financing announcement, as investors grapple with the complexity of interconnected deal structures. The average analyst target is $302.83.
12:45
Coupang's stock price has fallen 31% year-to-date, with Q2 seeing an operating loss of $556 million due to a $410 million administrative fine in Korea and currency headwinds. However, Barclays analyst Jiaming Liang maintained his "Overweight" rating and $30 price target, arguing that the fine is a one-time event and Coupang's 10% growth at constant exchange rates supports his bullish thesis. The price target implies approximately 85% upside for Coupang's stock.
12:41
According to Barclays, the shift in the U.S. Treasury buyer base towards value-oriented mutual funds, households, and other private investors has helped push the 30-year yield to multi-decade highs.
12:36
NIQ Global Intelligence (NYSE: NIQ) reported non-GAAP earnings per share of $0.27 on sales of $1.12 billion in Q2, exceeding average analyst targets by $0.07 and $10 million respectively. Following the stronger-than-anticipated results, the company increased its full-year sales growth forecast to between 7.1% and 7.4% (previously 6.4%-6.7%), and adjusted earnings per share guidance to between $1.08 and $1.12 (previously $0.95-$0.99).
12:36
The New York Police Department's investigation, which began in May 2024, involves the Department of Homeland Security, the IRS, and other state law enforcement agencies, as authorities believe the scheme is not limited to New York. The FBI has also warned about similar "gold courier" scams, with its 2024 Internet Crime Complaint Center report recording 525 complaints and reported losses totaling $219 million nationwide. Victims are often persuaded to convert their savings into cash or precious metals for "protection" by scammers posing as tech support or government officials.
12:36
Lake Victoria Gold Ltd. (TSXV:LVG) announced its maiden NI 43-101 compliant mineral resource estimate for its wholly-owned Tembo Gold Project in northwest Tanzania, outlining nearly 580,000 ounces of gold across three deposits. Of this, the Ngula 1 deposit accounts for approximately 331,000 ounces and is the most advanced target on the project. The Tembo Project is the company's second major development asset, following its permitted Imwelo Project, and is adjacent to Barrick Gold's Bulyanhulu mine.
12:35
Sea Limited announced its second-quarter earnings, with revenue increasing by 48% year-over-year to $7.8 billion, surpassing analysts' expectations of $7.1 billion. Although adjusted earnings per share were $0.70, lower than the anticipated $0.86, investors welcomed the revenue growth and strong performance across all business segments. Specifically, the e-commerce division Shopee saw revenue grow by 45% to $5.1 billion, the digital entertainment division Garena by 41% to $697 million, and the fintech division Monee by 58% to $1.2 billion.
12:35
Bank of America analyst Vivek Arya maintained a "Buy" rating on Onsemi but lowered the firm's price objective, citing a lower valuation multiple (20 times estimated 2028 earnings, down from 32 times 2027 earnings) despite raising earnings estimates. Onsemi's Q2 revenue rose 9% year-over-year to $1.604 billion, with non-GAAP diluted earnings per share increasing to $0.74. The company's AI data-center business is its fastest-growing operation, with management expecting AI data-center revenue to more than double in 2026.
12:32
Bitcoin's price action sank to one-week lows, while retail investors increased their holdings in gold ETFs, pushing XAU/USD to its highest levels since June.
12:31
U.S. energy officials expect Strait of Hormuz constraints to persist through August, limiting oil flows. The U.S. Energy Information Administration (EIA) also lifted its U.S. gasoline estimate to $3.78 a gallon. This comes despite President Trump stating the strait is open; only eight vessels crossed Monday, compared to roughly 120 before the war.
12:29
On Monday, Anthropic announced that an as-yet-unreleased model made significant progress on the Riemann hypothesis, a major unsolved mathematical problem for over 150 years with a $1 million bounty. The AI model significantly increased the lower bound of solutions for which the hypothesis holds true, with the finding confirmed by Anthropic's in-house mathematicians.
12:23
AI startup Manus announced it will soon resume operating as an independent company. This follows a demand from China's National Development and Reform Commission (NDRC) in April for Meta to unwind its $2 billion acquisition of Manus, which Meta had announced last December. The deal, involving a developer of general-purpose AI agents, had attracted scrutiny from both Beijing and Washington. Manus indicated that some users will need to back up data generated on or after December 29, 2025, as part of its separation from Meta to comply with regulatory requirements.
12:19
Life360, a provider of location-sharing and family safety services, reported Q2 revenue rose 38% year-over-year to $159 million, with GAAP earnings falling from $0.08 to $0.06 per diluted share. Despite solid results, the company's stock dropped significantly as investors were reportedly disappointed by unchanged full-year profitability and top-line revenue guidance, viewing it as a sign of slowing growth. The company also announced accelerated exit from hardware sales in retail channels, while boosting its full-year subscription revenue range.
12:19
Oklo's stock price fell by 25.8% in July, wiping out approximately 80% of its market capitalization since its peak in October 2025. The company's net loss doubled in the second quarter to $48.5 million, with earnings per share of $0.28, significantly missing analyst expectations. Furthermore, Oklo raised its full-year cash usage guidance, now expecting operating activities to consume $120 million to $150 million and capital expenditures to be $400 million to $500 million, both higher than previous targets. Previously, Oklo failed to achieve criticality for its first reactor by the scheduled date of July 4, but did achieve first criticality at its Groves Isotope Test Reactor on August 6. Truist Securities has lowered its price target for the stock from $55 to $51. Oklo expects its first Aurora power plant to be operational as early as 2028, calling this goal "ambitious."
12:18
Morgan Stanley has turned bullish on China's AI stocks, anticipating a shift in the country's large language model (LLM) market from price wars towards smarter models and stronger monetization. The bank expects higher AI pricing and tighter licensing to boost revenue, while larger models are seen raising barriers to entry.

In line with this outlook, Morgan Stanley raised its price target for an unnamed Chinese AI company to HK$1,700 from HK$990, citing stronger growth prospects. It also maintained a positive stance on MiniMax but cut its price target for the company to HK$900 from HK$1,100.

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