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8/12
11:25
The New York City Council has sent letters to Kalshi, Polymarket, Coinbase, and Gemini Titan, investigating these platforms for alleged use of "false, deceptive, or abusive marketing strategies" targeting young people. This follows New York Attorney General Letitia James' lawsuit against Kalshi, accusing it of illegal gambling operations and seeking at least $360 billion in civil penalties.
11:17
Oracle's cloud infrastructure revenue for Q4 FY2026 increased by 93% year-over-year to $5.79 billion, with total cloud revenue reaching $9.91 billion, accounting for 52% of quarterly sales. Its remaining performance obligations (backlog) surged by 363% to $638 billion, of which $75 billion is related to customer prepayments or customer-provided GPUs. Oracle projects a revenue target of $90 billion and non-GAAP EPS of $8.05 for FY2027. Supermicro (SMCI) reported non-GAAP EPS of $1.70 for Q4, exceeding market expectations by 77.55%, and its GAAP gross margin increased from 9.5% a year ago to 17.5%. The company added over $60 billion in new orders for the full year and expects FY2027 revenue to be between $65 billion and $72 billion. However, both companies consumed billions of dollars in cash during FY2026, with Supermicro's operating cash flow being negative $6.81 billion, and it still faces an independent review of export-controlled transactions.
11:17
According to CoinDesk data, the Pokémon Card Index has risen approximately 28% year-to-date (YTD), outperforming the S&P 500's gain of about 13% and Bitcoin's decline of approximately 27% (currently trading at $63,400) over the same period. This trend reflects some investors increasing their allocation to collectibles, such as "Shark Tank" investor Kevin O'Leary, who recently disclosed investing millions of dollars in rare sports cards, calling them a legitimate alternative asset class. Target reported a nearly 70% increase in trading card sales in 2025, projected to exceed $1 billion, with Pokémon cards being one of the main drivers.
11:12
The analysis suggests that VUG, which focuses on large-cap growth stocks, despite its underperformance this year, has an excellent historical track record. With the continued development and maturation of the artificial intelligence boom, its main holdings, technology giants, are expected to rebound, thereby driving VUG to continue outperforming the broader market.
11:08
According to the latest research by Bank of America analyst Vivek Arya, NVIDIA has committed $70 billion in equity investments to its ecosystem partners. Recent investments include $30 billion in OpenAI, up to $10 billion in Anthropic, and $5 billion in Safe Superintelligence. The analyst believes that this investment is manageable and is expected to generate additional value for shareholders, given that NVIDIA is projected to generate approximately $470 billion in free cash flow over the next two years (fiscal years 2026-2027).
11:08
The analysis highlights that Comfort Systems USA, a mechanical, electrical, and plumbing contractor, has benefited significantly from the demand for specialized cooling and power infrastructure in AI data centers. In the second quarter, the company reported revenue of $3.26 billion, up 50.3% year-over-year, and earnings per share (EPS) of $12.53, up 91.9%.
11:07
ArcelorMittal S.A., a steel manufacturer, is expanding its partnership with Microsoft (Microsoft Corporation) by incorporating Microsoft Fabric, Purview, and Foundry into its Azure-based "cloud-first, data-center" strategy, Reuters reported on August 3. The move aims to modernize IT systems and embed artificial intelligence across its global operations. Nik Puri, ArcelorMittal's Chief Information Officer, stated that this initiative is designed to fundamentally reshape its IT operating model, integrating data and AI into the core of IT. Although financial terms were not disclosed, Microsoft executives believe this demonstrates that large enterprises are moving AI from experimental stages to core business building.
11:07
The analysis points out that Carvana has transformed the car buying experience through its online model, achieving nearly $20.3 billion in revenue in fiscal year 2025, a year-over-year increase of approximately 48.6%, and a net profit of nearly $1.4 billion. Although Home Depot's revenue reached $164.7 billion in fiscal year 2025 with a net profit of nearly $14.2 billion, its growth rate was only 3.2%. Analysts believe that Home Depot is currently stagnant amid a sluggish housing market and consumers cutting back on large home improvement projects, while Carvana is undergoing a significant business transformation, having achieved strong growth and profitability for ten consecutive quarters, with a healthy balance sheet and gaining market share, thus offering greater long-term investment value.
11:06
Japan's support will focus on helping rebuild oil and power facilities in countries like the United Arab Emirates, where petroleum production infrastructure has been damaged.
11:02
Miden, a zero-knowledge blockchain, plans to introduce USDCx, a stablecoin backed 1:1 by Circle's USDC, at the same time as its mainnet debut, targeted for the end of this month. USDCx will enable users to hold and transfer funds without publicly revealing balances, counterparties, or transaction histories. The system is designed to provide privacy by default while allowing selective disclosure of information to auditors, regulators, and counterparties when required, addressing a key limitation for institutional finance on public blockchains.
11:02
Stanley believes July's broadly in-line inflation report, which showed unrounded core CPI rose 0.215% month-over-month (equivalent to a 2.6% annualized pace), is unlikely to sway the Federal Reserve's September policy decision.
11:01
24/7 Wall St. has issued a "buy" recommendation for Qualcomm (QCOM), setting a price target of $226.08, which implies a 38.97% upside over the next 12 months from its August 11 closing price of $162.68. The analysis suggests the market is overlooking Qualcomm's strong growth in non-handset segments, particularly automotive, which grew 61% in Q3, and the upcoming hyperscaler data center shipments slated for December 2026. CEO Cristiano Amon targets $40 billion in non-handset revenue by fiscal 2029, nearly doubling a previous target. Qualcomm currently trades at 16x forward earnings, compared to Broadcom's 23x, which analysts believe undervalues its diversification efforts.

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