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8/13
11:45
Ackman stated in a letter to investors that Netflix has already won the streaming wars with over 325 million subscribers, nearly double its two biggest rivals combined. He believes the stock became undervalued after its forward earnings multiple fell from over 40x to about 21x, primarily due to concerns over slowing growth. Ackman highlighted Netflix's strong monetization power through its new Ads Suite and competitive pricing, which he expects to drive earnings growth in the low-to-mid teens even with revenue deceleration. Netflix shares are down approximately 35% over the past year and 15% year-to-date.
11:44
Hewlett Packard Enterprise (HPE) stock closed at a 52-week high of $58.79 on Wednesday (August 12), and further rose by 4.38% to $61.37 after opening on Thursday (August 13). Morgan Stanley upgraded HPE's rating to "Overweight" on the same day, setting a target price of $69, with analysts noting that the AI boom has driven hardware demand. HPE has cumulatively risen by 159% year-to-date.
11:32
The move aims to simplify Copilot and address its prior strategy being too complicated to compete effectively with rivals like ChatGPT, Claude, and Gemini. Professional users will have "Researcher" as a replacement for Deep Research.
11:29
The USS Abraham Lincoln spent over 250 days deployed, including a record 200 days without a port call, while supporting U.S. operations against Iran. Lawmakers have raised concerns regarding reported supply shortages, exhaustion, plumbing issues, and deteriorating mental health among the sailors on the USS Abraham Lincoln.
11:25
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.
11:19
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 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.
11:08
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'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.

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