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8/13
10:27
Lebanese Americans Sue U.S. Government, Defense Contractors Over Israeli War Conduct in Lebanon
A group in Michigan has spearheaded a class-action lawsuit, accusing the U.S. government and defense contractors including Boeing, Lockheed Martin, and Caterpillar of violating U.S. laws prohibiting aid to foreign governments known to commit human rights abuses, through their roles in Israel's war in Lebanon. The lawsuit, filed Tuesday in U.S. District Court in Michigan, alleges that U.S. funding and weapons provided to Israel led to alleged abuses of force by Israel, destroying Lebanese-American property in Lebanon, in violation of the Leahy Law.
10:27
Trezor shipping provider ShipMonk breach allegedly exposes personal data of nearly 14,000 hardware wallet customers, including shipping addresses
10:26
Survey shows many Americans' retirement savings are far below the $1.2 million target, and the timing of Social Security claims is crucial.
A Schroders survey indicates that over half of U.S. retirement plan participants expect to have less than $500,000 saved by retirement, with 24% anticipating less than $250,000. This is significantly below the approximately $1.2 million they believe is needed for a comfortable retirement. Analysis suggests that for individuals with insufficient savings, the timing of claiming Social Security benefits is particularly crucial. For instance, claiming Social Security at age 70 instead of 62 could result in an additional $1,080 per month, increasing lifetime income by nearly $13,000 annually.
10:16
Ether.fi adds tokenized stocks, metals and Aave-powered portfolio loans in latest ‘neobank’ expansion
The platform noted its updated app is “less crypto-forward,” and aimed at attracting “a much broader audience.”
10:15
Robinhood's second venture fund, Robinhood Ventures Fund II, debuted on Thursday, raising $225.5 million in its IPO to give retail investors access to early-stage private companies.
The fund will focus on current and former participants in the Y Combinator startup accelerator program, which has financed over 5,000 companies including crypto exchange Coinbase and ChatGPT maker OpenAI. Robinhood listed its first fund, which focuses on late-stage startups, in March.
10:14
TCW Concentrated Large Cap Growth Fund在2026年第二季度增持美光科技(MU)，认为其是AI基础设施建设的明确受益者
10:13
Dell's stock has beaten Micron and AMD this year, and is now adding to its gains
10:09
US stocks rise on broad sector strength; Brent crude falls over 2% to $86/barrel
Stocks opened higher on Thursday as traders pared back bets of a Federal Reserve rate hike in September following another inflation reading. Real estate, communication services, and consumer staples led the gains, while the energy sector declined.
10:06
Oxford Economics expects July headline PCE inflation to rise 3.6% year-over-year, slightly easing from June's 3.7%, and anticipates the Fed will keep rates unchanged for the rest of 2026.
Oxford Economics expects July headline PCE inflation to rise 3.6% year-over-year, slightly easing from June's 3.7%, and anticipates the Fed will keep rates unchanged for the rest of 2026. The firm cites cooling services inflation and a labor market showing little sign of overheating as reasons for its forecast. The official PCE report for July is due later this month.
09:59
TCW Concentrated Large Cap Growth Fund listed KLA Corporation (KLAC) as a new holding in its Q2 2026 investor letter, believing the company will benefit from semiconductor chip complexity.
The fund noted that KLA Corporation, as a developer and manufacturer of advanced process control solutions for semiconductor chip manufacturing, produces products that help accelerate chip development and improve yield and quality. As the complexity of semiconductor chips continues to increase, the demand for more advanced inspection systems is accelerating, and TCW believes KLA is well-positioned to benefit from this trend. The fund also favors KLA's competitive position, industry-leading margins, pricing power, and strong track record of returning cash to shareholders through dividends and share repurchases, and believes that the current stock price does not fully reflect its long-term cash flow potential.
09:59
TCW Fund Q2 Investor Letter: Cybersecurity company CrowdStrike (CRWD) delivered solid results and raised guidance, benefiting from increased cybersecurity spending driven by the proliferation of AI agents.
TCW Concentrated Large Cap Growth Fund noted in its Q2 2026 investor letter that cybersecurity technology company CrowdStrike Holdings (CRWD) reported robust quarterly results, including $256 million in annual net new ARR (up 32% year-over-year), a non-GAAP operating margin of 24% (up 6% year-over-year), and free cash flow of $469 million (up 67% year-over-year). Management subsequently raised its forward guidance. The fund believes that as AI agents become more prevalent, the increased risk of cyberattacks will drive growth in cybersecurity spending, and maintains a constructive view on CrowdStrike's stock. As of August 12, CRWD's stock price has increased by 10.07% over the past month and 111.168% over the past 52 weeks.
09:59
TCW Concentrated Large Cap Growth Fund Highlights Palo Alto Networks (PANW) as Key Contributor in Q2 2026 Investor Letter, Citing AI-Driven Growth and Raised Guidance
The fund stated that Palo Alto Networks' shares rose after the company reported strong quarterly results, including accelerating organic growth driven by AI, CyberArk integration running ahead of plan, and a Q4/FY26 guidance raise above consensus expectations. TCW believes AI may be a multi-year tailwind for firewall demand, driving bookings growth as increased AI agent use necessitates higher cybersecurity spending.
09:58
SpaceX stock surged 9.7% on Wednesday after Elon Musk released a new Grok AI model and held a companywide meeting.
SpaceX stock surged 9.7% on Wednesday after Elon Musk released a new Grok AI model and held a companywide meeting. The stock later reversed some of those gains early Thursday morning, falling about 1.5%. Musk had held an all-hands meeting with SpaceX employees on Tuesday, reiterating the company's goal to make humanity a multiplanetary species.
09:58
Golar LNG signs $2.45bn EPC agreement for fourth FLNG vessel, targeting 3.5mtpa capacity by late 2029
Golar LNG has signed an engineering, procurement and construction (EPC) agreement with Yantai CIMC Raffles Offshore for its fourth floating liquefaction natural gas (FLNG) production vessel, with a total budget of around $2.45 billion. The new vessel, Golar's second to use the MKII design, is planned to provide an annual liquefaction capacity of 3.5 million tonnes (mt) of LNG and is anticipated for delivery by the end of 2029. This addition will increase Golar LNG's total controlled liquefaction capacity by about 40% to over 12 million tonnes per annum (mtpa). Black & Veatch will contribute its PRICO liquefaction technology and engineering services to the project. The company is actively pursuing a long-term charter contract for the unit, with advanced commercial negotiations underway.
09:58
Latigo Biotherapeutics (LTGO) completes IPO, raising nearly $350 million, with its non-opioid pain drug LTG-001 showing 50% greater relief than hydrocodone in trials.
The clinical-stage biopharmaceutical company priced its IPO at $18 per share and opened at $21. Latigo focuses on non-opioid pain medicines, and its lead asset LTG-001 for acute pain demonstrated 50% greater pain relief than hydrocodone in a 343-patient trial, positioning it for a potential opioid-free label claim. Phase 3 trials for LTG-001 are set to launch in the second half of 2026, with results expected in the second half of 2027.
09:56
S&P 500 hits intraday record high, last up 0.6%
09:50
Oracle is up 3.18% today, currently trading at $158.147.
09:50
The U.S. Treasury will auction $25 billion in 30-year government bonds, following 10-year government bond yields reaching their highest level since 2007.
The U.S. Treasury plans to auction $25 billion in 30-year bonds. This comes after the yield on 10-year Treasury notes reached its highest level since 2007.
09:48
Freeport-McMoRan Chief Accounting Officer Ellie L. Mikes Sells $334K in Stock
Freeport-McMoRan (NYSE:FCX) Chief Accounting Officer Ellie L. Mikes sold 4,773 shares of the company's common stock on August 5, in a transaction valued at approximately $334,000. This sale reduced her direct holdings by 12%, but she still holds 36,000 shares worth $2.5 million. The transaction occurred after the company's stock price rose 73% in the year leading up to August 5.
09:46
Priya Misra, a portfolio manager at JPMorgan Chase Asset Management, discusses the resilience of the U.S. economy and the Federal Reserve's future interest rate path.
09:45
Swissquote cuts full-year guidance after H1 net crypto income plunged 66.2% to 14.6 million Swiss francs, sending shares down 14%
Swiss banking firm Swissquote Group cut its full-year revenue and profit forecasts, citing a weaker-than-expected crypto environment. The company's crypto trading volume also dropped 63.5% to 2.58 billion Swiss francs. Swissquote noted that price declines across most cryptocurrencies caused it to miss initial assumptions, with Bitcoin falling 33% and Ether dropping 47% in the six months ended June 30. The firm also booked a 5.3 million-franc loss on its crypto inventory.
09:42
JPMorgan analyst Samik Chatterjee raised Microsoft (MSFT) stock price target to $625 from $550, implying about 30% upside from current levels.
JPMorgan analyst Samik Chatterjee raised Microsoft (MSFT) stock price target to $625 from $550, implying about 30% upside from current levels. Chatterjee cited an acceleration in the growth of Azure and M365 Commercial Cloud, driven by AI infrastructure buildout, as well as the company's high revenue and earnings growth combined with lower capital needs than peers.
09:40
Salesforce stock rises nearly 2% after J.P. Morgan initiates overweight rating, citing AI fears as overblown
J.P. Morgan analyst Samik Chatterjee set an overweight rating on Salesforce shares, suggesting investors consider buying the stock despite previous jitters over AI disruption. The firm had not rated Salesforce prior to this.
09:35
Netflix rose 3.09% intraday, now trading at $76.500.
09:34
Blockchain lending company Figure's Q2 revenue doubled to $226 million, with blockchain loan market transaction volume surging to $4.3 billion.
Figure Technology Solutions (FIGR) announced Q2 net revenue of $226 million, a 113% year-over-year increase, and net profit surged 192% to $87 million. Its consumer loan marketplace transaction volume soared 132% to $4.3 billion, with Figure Connect contributing $2.8 billion. The company's stock rose approximately 5% in pre-market trading on Thursday, extending Wednesday's 10% gain. Figure anticipates Q3 consumer loan marketplace transaction volume to reach between $4.8 billion and $5.2 billion.
09:29
Kraken Institutional supports Lombard's transition to an institutional Bitcoin covered-call strategy managed by Bitwise Asset Management, targeting 2.5% net APY
Lombard is shifting its Bitcoin yield source from staking to this new strategy. The Bitcoin backing the strategy will be held in segregated, bankruptcy-remote accounts at qualified custodians, including Kraken, under tri-party agreements to maintain qualified custody throughout. Kraken will also serve as one of the execution venues for Bitwise's options trading underlying the strategy.
09:26
Vale and ABB sign agreement to promote automation technology at Brazilian iron ore plants
The collaboration aims to replicate the automation, digitalization, and IT/OT integration technology solutions successfully implemented at Vale's Conceição II demonstration plant, across Vale's other iron ore processing operations in Brazil. Since adopting these digital solutions, the Conceição II plant has seen a 25% increase in productivity, a 40% increase in the production of high-quality ore for direct reduction, and a 26% reduction in iron loss in tailings.
09:26
NVIDIA AI Chips to Be Exclusively Used by Musk's SpaceX, Hailed as "Best"
Elon Musk's Space Exploration Technologies Corp. (SpaceX) announced that it will exclusively use NVIDIA's AI chips, with Musk stating that NVIDIA was chosen because its chips are "the best." This move means that AMD (Advanced Micro Devices) will lose SpaceX as a potential client.
09:26
'Big Short' investor Steve Eisman warns AI boom's Achilles heel is over-reliance on OpenAI and Anthropic
Eisman stated that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic. He noted these two AI startups account for roughly 70% of AI-related revenue at Microsoft, Amazon, Alphabet's Google, and Oracle, and as much as 25% to 35% of their cloud revenue. Eisman believes the biggest revenue threat could come from China, as Chinese open-source AI models are significantly cheaper and appear to be gaining market share, potentially leading to a big price war.
09:23
Bitmine's Ether staking income reaches $257M annualized, used to 'fill' operational gaps and fund share buybacks, analysts say

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