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8/11
15:13
Venezuela and Israel have agreed to restore consular relations. This comes after Venezuela's interim president, Delcy Rodriguez, sought a major foreign policy realignment following the US military's kidnapping of former leader Nicolas Maduro in January. Venezuelan Foreign Minister Felix Plasencia Gonzalez stated that the two sides decided to restore consular relations and establish a coordination mechanism to provide consular services to citizens of both countries, after Israel sent a team to assist Venezuela in responding to a double earthquake. Venezuela had severed diplomatic ties with Israel 17 years ago due to an Israeli attack on Gaza.
15:12
Itaú Unibanco, Latin America's largest lender with over $562 billion in assets, has teamed up with digital-asset infrastructure provider OpenAssets. The partnership aims to test the issuance, trading, and settlement of fixed-income securities and investment funds using distributed-ledger technology, as part of a pilot program overseen by the Brazilian Financial and Capital Markets Association (ANBIMA). This initiative builds on Itaú's previous involvement in Brazil's central bank Drex pilot in 2023, further advancing the country's position as a key hub for tokenization.
14:53
Google CEO Sundar Pichai announced on X that the Gemini app has become one of the company's fastest-growing products, recently surpassing 1 billion monthly active users. This makes it the 14th Google product to reach 1 billion users. Gemini's rapid growth keeps it in step with OpenAI's ChatGPT, which reached 1 billion monthly active users in June of this year. The data released specifically refers to the Gemini app and does not include AI users from other channels.
14:38
The U.S. Bureau of Labor Statistics will release its July Consumer Price Index (CPI) report on Wednesday. The market generally expects the July overall CPI to increase by only 0.1% month-over-month, while the core CPI (excluding volatile food and energy prices) is projected to rise by 0.2% month-over-month. On an annualized basis, the overall CPI is expected to be 3.4% and the core CPI 2.5%, both down 0.1 percentage point from June. Analysts believe that if the data meets expectations, it could provide "breathing room" for the Federal Reserve on interest rate hikes, allowing it to keep rates unchanged for the remainder of the year. However, Bank of America still anticipates three more rate hikes in the coming months, while Cleveland Federal Reserve President Beth Hammack has stated that multiple rate hikes may be necessary.
14:31
Morgan Ortagus, a former deputy presidential special envoy, stated she does not see proof for the narrative that the US is at a disadvantage in negotiations with Iran, adding that strategic patience favors the United States. Ortagus also noted that while military options remain available, the Iranian regime's greatest fear is an uprising by its own people, rather than the US or Israel.
14:14
MicroStrategy's CEO stated the company will resume Bitcoin accumulation this year. This announcement comes despite recent sales that challenged its long-standing accumulation strategy, with the company having bought roughly 25 times more Bitcoin than it sold this year.
14:14
The Chicago Mercantile Exchange Group is set to introduce two compute futures contracts, pending regulatory approval, which will allow companies and investors to trade and hedge the price of AI computing capacity. These contracts will be tied to the rental cost of Nvidia's H100 and newer Blackwell B200 graphics processing units, based on Silicon Data indexes that track hourly GPU rental prices.
14:05
Yahoo Finance analysis points out that Walmart completed the acquisition of Vibe.co, a self-serve streaming TV ad platform, on August 4th, aiming to convert its shopping data into advertising revenue. Although Walmart's revenue grew by 7%-7.3% year-over-year in the most recent quarter, with e-commerce business up 26% and advertising revenue soaring by 37%, its stock price has only risen by about 1% year-to-date, significantly underperforming competitors like Target and Costco. The analysis suggests that overvaluation is the main reason for the poor stock performance, as its forward P/E ratio remains above its historical average. Walmart is set to release its earnings report on August 20th, and the market is focused on the continued growth of its advertising business and signs of easing consumer pressure, hoping to support its current valuation.
14:03
The license enables ARP Digital to offer regulated digital asset and stablecoin conversions into UAE dirhams, expanding its Gulf presence beyond Bahrain.
13:55
Cardinal Infrastructure Group Inc. reported a 114% revenue growth in Q2 2026, driven by strong demand across commercial, industrial, and residential markets, alongside successful acquisitions. The company also raised its full-year revenue guidance to $880 million–$900 million, reflecting nearly 100% year-over-year growth and a record 35% backlog increase. However, it revised its adjusted EBITDA margin guidance to 16%–18%, citing transitional costs, weather impacts, and investments in corporate infrastructure. Management anticipates a margin rebound in the second half of 2026.
13:55
BioHarvest Sciences announced a summary of its Q2 2026 earnings call, where the company revised its total revenue guidance for 2026 from the previous $42 million-$48 million down to $37 million-$40 million. Concurrently, the company has secured its first CDMO manufacturing and supply agreement for a rare, high-end flavor, which is expected to generate $20 million-$30 million in revenue during 2027-2028, and reiterated that this flavor molecule will bring in $180 million in revenue over the first five years of the manufacturing period. The company is shifting its strategic focus from direct-to-consumer (D2C) business to building manufacturing capacity and its CDMO division, aiming for consolidated EBITDA breakeven in 2027, and anticipates a significant reduction in full-year CDMO EBITDA loss to $1.5 million-$2.5 million.
13:55
The Trade Desk (TTD) announced second-quarter revenue of $715 million, falling short of analysts' expectations of $752.6 million, with a year-over-year increase of only 3%. The company's operating profit was $101.6 million, a 13% decrease year-over-year. Affected by concerns over slowing demand and intensifying competition from artificial intelligence (AI), its stock price has fallen by 75% over the past year, recently hitting a 52-week low. Despite a customer retention rate of 95%, market uncertainty persists regarding its future growth prospects, with analysis suggesting it currently resembles a value trap rather than a buying opportunity.
13:46
The White House released its mid-year crime report, stating that violent crime continues to decline in major U.S. cities. According to data from the Major Cities Chiefs Association, homicides in the nation's largest cities decreased by 17.2% compared to the first half of last year, with significant reductions also seen in robberies, rapes, aggravated assaults, and overall violent crime. The report noted that this resulted in nearly 14,200 fewer violent crimes reported over six months and attributed it to President Donald Trump's "law and order agenda." Among these, homicides in Washington D.C. decreased by 43.9%, Memphis by 43.7%, and New Orleans by nearly 25%.
13:45
SpaceX's quarterly financial report, released on August 4, showed its revenue exceeded expectations, reaching $7.81 billion. The company's management stated during the earnings call that they anticipate annual recurring revenue (ARR) to reach $100 billion by December this year. Deutsche Bank analysts, in a report on August 10, noted that despite SpaceX's Q2 ARR being only $31 billion, they believe this target is "very likely achievable," primarily due to contributions from its "neocloud" AI computing infrastructure leasing service and Cursor business. Analysts expect the neocloud business to become SpaceX's primary revenue source, potentially even surpassing its space launch operations.
13:45
New cloud infrastructure provider QumulusAI (NVIDIA) announced a GPU-as-a-service agreement with diversified global trading firm DRW to supply a dedicated NVIDIA Blackwell B300 cluster from its U.S. data centers. The agreement has an initial term of one year and includes three one-year renewal options, for a total maximum term of four years. This move brings QumulusAI's total announced customer agreements since early June to over $246 million and is expected to reach $300 million in forward Annual Recurring Revenue (NVIDIA) for fiscal year 2026.
13:45
Donald Trump Media and Technology Group reported a net loss of $238.1 million in the second quarter of 2026, primarily due to non-cash losses on its cryptocurrency holdings caused by a decline in Bitcoin prices. As of June 30, the company held 9,477 Bitcoin, valued at $557.1 million, down from 9,542 Bitcoin at the end of 2025. The fair value of its holdings decreased from $836 million at the end of last year. The company also holds a Cronos cryptocurrency position, which also saw a decline in value during the first half of this year. Revenue for the quarter was $1.67 million, an 89% increase year-over-year.
13:44
Bicara Therapeutics Inc. announced it ended the second quarter of 2026 with $497 million in cash, providing a runway to fund operations into the first half of 2029. The company's pivotal Phase III FORTIFI-HN01 study for HPV-negative head and neck cancer remains on track for substantial enrollment by year-end 2026, with an interim analysis expected in mid-2027. Additionally, 3-year follow-up data presented at ASCO 2026 showed TGF-beta inhibition nearly doubled overall survival compared to standard of care pembrolizumab in the pivotal dose cohort. The company is also undergoing a leadership transition, elevating Ryan Cohlhepp to CEO, effective January 2027, to focus on commercial oncology execution. Operating expenses are projected to increase for the remainder of the year due to clinical operations, manufacturing, and initial commercial infrastructure investments. Bicara anticipates discl

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