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8/13
11:25
AMD plans to raise up to $5 billion through a bond sale for AI expansion
AMD plans to raise up to $5 billion through a four-part bond sale, potentially its largest ever, to fund its AI expansion. The chipmaker is ramping up spending as AI computing demand surges, following major agreements with Anthropic and Microsoft. AMD has also committed up to $5 billion to Anthropic.
11:22
Sandie is up 13.83% today, now trading at $1,530.16.
11:22
Canada's Second-Largest Pension Manager CDPQ Posts 5% First-Half Return, Misses Benchmark Due to Private Equity Slump
11:20
U.S. Defense Secretary Hegseth: U.S. Can Hold Blockade on Iran as Long as Needed
11:19
Ondas (ONDS) fell 6.2% intraday as Q2 revenue surged 1236% year-over-year to $83.8 million, but losses exceeded expectations.
Ondas (ONDS) fell 6.2% intraday as Q2 revenue surged 1236% year-over-year to $83.8 million, but losses exceeded expectations. The company reported a Q2 loss of $0.19 per share, higher than analysts' estimates of $0.09. Despite this, Ondas raised its full-year sales forecast to $525 million to $550 million, significantly above its previous target of at least $390 million.
11:18
Elon Musk's SpaceX is turning to natural gas to power its AI, planning to build a gas-fired power plant at its $16.8 billion chip factory in Texas, with data center capacity expected to reach 10-15 GW by 2027.
Elon Musk's SpaceX is increasingly adopting natural gas to meet its massive AI power demands. The company plans to build a gas-fired power plant for its $16.8 billion chip factory in Texas, and its data centers in Tennessee and Mississippi already use dozens of gas turbines. Musk anticipates that SpaceX's data center capacity will reach 10-15 GW by 2027, potentially making it the largest operator in the United States. This strategy aims to prioritize fast, off-grid power in response to the surge in AI electricity demand.
11:17
Sandie is up 11.8% today, now trading at $1,502.87.
11:11
Sandie is up 10.1% today, now trading at $1,480.00.
11:08
Sandie is up 7.67% today, now trading at $1,447.36.
11:08
Birkenstock (BIRK) shares rise after it raises full-year adjusted EBITDA forecast and reports better-than-expected Q2 sales; StubHub (STUB) falls after reporting worse-than-expected Q2 EPS
Birkenstock raised its full-year adjusted EBITDA forecast after second-quarter sales exceeded expectations, driving its shares higher. Meanwhile, StubHub's (STUB) shares fell after the company reported second-quarter earnings per share that missed analysts' average estimates. Additionally, Cerebras' (CBRS) shares declined due to the company's forecast of slower growth than some investors had anticipated, causing its stock to drop in premarket trading.
11:04
CoinDesk analysis points out that traditional advisors face a "crypto advice gap" as clients incorporate cryptocurrencies into estate planning.
CoinDesk's "Advisor Crypto" weekly report analyzes that an increasing number of clients view cryptocurrency as a long-term asset and are incorporating it into their estate planning, but traditional financial advisors have significant gaps in managing these assets. An informal survey showed that nearly half of respondents have included cryptocurrency in their estate planning, but almost none manage their crypto assets through existing wealth advisors. Instead, they prefer to seek "crypto-native" advisors who possess industry expertise, understand privacy concerns, and are proficient in tax and custody matters.
11:01
Federal Reserve Board issues enforcement action with former employee of Regions Bank
10:58
Michael Burry warns AI sector is a "circular financing web" with Nvidia at its center, citing multi-billion dollar commitments from tech giants and Nvidia's CDS spread doubling
The investor known for shorting subprime mortgages before the 2008 crash, Michael Burry, recently posted on X, highlighting a Bloomberg diagram that traces roughly $46 billion in direct equity stakes and $879 billion in multi-year purchase commitments among major tech companies. He concluded that money is circling rather than multiplying within the AI sector. The network involves Microsoft, Oracle, Amazon, Google, Meta Platforms, OpenAI, Anthropic, xAI, CoreWeave, Nvidia, and Advanced Micro Devices. Oracle alone committed $300 billion in purchases tied to OpenAI, and Microsoft committed approximately $250 billion. Nvidia, with a $5.4 trillion valuation, is at the core of this web. Burry noted that Nvidia's five-year credit default swap (CDS) spread has roughly doubled over the past two months, suggesting credit markets are pricing in increased risk.
10:57
US Inflation Falls for Second Straight Month: July CPI Annual Rate at 3.4%, PPI at 4.7%, Leading to September Fed Rate Hike Odds Dropping from 55% to 32%
The Consumer Price Index (CPI) for July rose just 0.1% month-over-month, bringing the annual rate down to 3.4% from June's 3.5%. The Producer Price Index (PPI) for final demand was flat month-over-month, with its annual rate cooling to 4.7% from 5.5% in June. This marks the second consecutive month of declining annual inflation rates. Following these cooler-than-expected data releases, the CME FedWatch tool showed the probability of a September rate hike by the Federal Reserve crashing from 55% before the CPI release to 32% today.
10:52
Lookonchain reports Bitcoin ETFs saw a 1-day net outflow of 1,132 BTC (-$72.24M) on August 13, while Ethereum ETFs recorded a net inflow of 3,947 ETH (+$7.47M).
Lookonchain reports Bitcoin ETFs saw a 1-day net outflow of 1,132 BTC (-$72.24M) on August 13, while Ethereum ETFs recorded a net inflow of 3,947 ETH (+$7.47M). Over the past 7 days, Bitcoin ETFs had a net outflow of 202 BTC (-$12.89M), and Ethereum ETFs had a net inflow of 65,941 ETH (+$124.71M).
10:49
Institutional crypto liquidity provider B2C2 has appointed Jason Lai, former chairman of Schroders Wealth Management Asia, as a senior advisor to expand into the Asian crypto wealth market.
Institutional crypto liquidity provider B2C2 has appointed Jason Lai, former Chairman of Schroders Wealth Management Asia, as a Senior Advisor to expand into the Asian crypto wealth market. This move aims to deepen cooperation with family offices, funds, and asset management companies in the Asia-Pacific region, capitalizing on Asia's growing interest in digital assets investment. Jason Lai previously served as Chairman of Schroders Wealth Management Asia and possesses extensive experience in the Asian private wealth industry. B2C2 is 90% owned by Japan's SBI Holdings.
10:47
Omeros (OMER) stock surged to a five-year high on strong Q2 results and new treatment success
Omeros (OMER) stock rocketed to a five-year high on Thursday, driven by blowout second-quarter results. The biotech company's new treatment, Yartemlea, which was approved in December, is the only treatment for thrombotic microangiopathy due to a stem cell transplant.
10:47
Sycamore Capital Q2 Investor Letter: Steel giant Steel Dynamics (STLD) benefits from rising steel prices, widening spreads, and 25% tariff protection, with its stock price up over 106% in 52 weeks.
Sycamore Capital Management's Sycamore Mid Cap Value Equity Strategy noted in its Q2 2026 investor letter that U.S. steel producer Steel Dynamics (NASDAQ:STLD) was one of the quarter's primary contributors. The company's stock price has risen 106.56% over the past 52 weeks, closing at $263.18 as of August 12. The fund believes that rising steel prices and expanding metal spreads, coupled with the 25% Section 232 tariff regime reducing import competition, have enabled domestic producers to maintain strong pricing. Additionally, STLD's aluminum operations in Mississippi have benefited from increased capacity due to higher import tariffs leading to domestic supply shortages. Management remains optimistic about long-term tailwinds such as data center construction, reshoring of manufacturing, and non-residential infrastructure, believing these will support a durable demand backdrop.
10:47
AI-related certifications surged 20-fold from pre-ChatGPT levels to nearly 30% of all professional certifications by 2026, as employers increasingly seek AI skills
Data from Revelio Labs indicates that AI-related certifications, which constituted 1-2% of all professional certifications between 2018 and 2023, tripled by 2024 following ChatGPT's launch and reached nearly 30% by 2026. This surge comes as employers rapidly integrate AI skills into job postings, with the National Association of Colleges and Employers (NACE) reporting that AI skills in entry-level job descriptions rose from 10.5% in fall 2025 to 16.5% in spring 2026. A Brookings Institution report also found that job-relevant non-degree credentials are associated with a 3.8% wage premium.
10:47
Report: UK FCA in settlement talks with HTX over illegal crypto promotion, High Court proceedings paused
The UK's Financial Conduct Authority (FCA) is reportedly in settlement talks with cryptocurrency exchange HTX regarding a case where the FCA accuses HTX of illegally promoting crypto assets to UK consumers. The London High Court has paused proceedings until late August to allow both parties to reach an agreement. The FCA filed the lawsuit against HTX on October 21 last year, marking the agency's first enforcement action targeting a cryptocurrency exchange's marketing practices. The FCA is seeking an injunction and a declaration that HTX violated Section 21 of the Financial Services and Markets Act.

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