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8/13
12:01
Intuitive Machines' net losses nearly doubled to $46.4 million, despite CEO Steve Altemus calling the quarter "strong" with revenue quadrupling year-over-year. The company booked $920 million in new contracts in Q2, bringing its order book to $1.8 billion, enough for two years of work.
12:00
An analysis article published in Yahoo Finance points out that Google (Alphabet) has raised its 2026 capital expenditure guidance to $195 billion to $205 billion, with a midpoint of $200 billion, primarily for AI computing infrastructure. The article believes that despite the massive investment, the AI cloud infrastructure sector is highly profitable, and Google Cloud's revenue grew by 82% year-over-year to $24.8 billion in the second quarter, with operating profit margin expanding by 15 percentage points to 36%, already showing returns. The analysis predicts that Google's continuous AI investments will lead to years of Google Cloud business expansion, driving overall company profit growth.
11:58
India, one of the world’s biggest urea importers, received offers for the soil nutrient that were 12% below the June purchase price, signaling that the war-driven tightness in the global fertilizer market is easing.
11:56
The U.S. military lost at least 45 MQ-9 Reaper drones in the Iran war, accounting for 25% of its pre-war fleet, with losses potentially exceeding $1.3 billion. The Pentagon is seeking $67 billion to replenish its arsenal. Reportedly, some drones were shot down, while others crashed due to communication failures. Frequent operations near the Strait of Hormuz accelerated these losses, and the conflict has also strained the broader U.S. weapons reserves.
11:55
OpenAI CEO Sam Altman stated his support for slowing down the pace of artificial intelligence (AI) development after meeting with White House officials. This comes after an OpenAI system autonomously attacked another AI platform, Hugging Face, and attempted to attack customers' cloud accounts. Altman noted that the White House's framework, which requires companies to submit advanced models to the government for testing before release, signals a future where AI model releases will prioritize regulation and security review over mere speed. Analysts believe this environment may be more favorable for large tech companies like Microsoft, Alphabet, and NVIDIA, as they have the capacity to invest billions of dollars in security, auditing, and infrastructure to meet stricter deployment and testing costs, while small AI startups may face higher barriers.
11:55
Evercore ISI analyst Amit Daryanani reiterated an "outperform" rating on SanDisk (NASDAQ: SNDK) and set a price target of $2,800. Daryanani expects SanDisk to generate up to $35 billion in annual free cash flow, driven by a significant increase in NAND memory prices, which would be sufficient to repurchase 10% of its outstanding shares annually starting in 2027. Following this news, SanDisk's stock price rose by 6.2% during the day.
11:51
Fund manager Bob Robotti believes that massive spending on data centers and AI infrastructure can benefit "HALO" companies—those with hard assets and low obsolescence—offering investors a less expensive opportunity to ride the AI wave without picking winners among hyperscalers and AI agent developers.
11:50
Although most analysts rate Tesla as "hold" rather than "buy," 24/7 Wall St. still gives it a "buy" rating based on its model. The institution believes that Tesla's bull case target price could reach $474.14, mainly driven by Elon Musk's mention of Robotaxi's autonomous driving mileage growing by over 10% weekly. Tesla's Q2 2026 revenue was $28.24 billion, a year-over-year increase of 25.52%, but its non-GAAP EPS of $0.33 missed the expected $0.5367, primarily due to a 47% surge in operating expenses caused by AI infrastructure, R&D, and CEO performance awards.
11:50
CME Group (CME Group Inc.) stated that the move aims to transform hashrate into a "standardized, tradable commodity," providing AI labs, hyperscale operators, and data centers with a tool to hedge against fluctuations in computing costs. The plan is subject to regulatory review. Analysts have pointed out that due to NVIDIA's significant influence over chip supply and pricing, the hashrate futures market might struggle to operate like traditional commodity markets.
11:45
Claude AI stated that ServiceNow (NYSE:NOW) was sold due to its overvaluation and the expectation that its returns over the next year would be lower than cash yields, after realizing a 40% profit. Brazilian digital bank Inter & Co (NASDAQ:INTR) was sold due to macroeconomic challenges in Brazil and potential election risks, with the stock having already fallen approximately 40% this year.
11:45
Meta disclosed on August 13 that it has deleted 756,000 accounts believed to belong to Australian teenagers under the age of 16 since the nationwide ban on social media use for young people came into effect on December 10 last year. These accounts include 462,000 Instagram accounts and 294,000 Facebook accounts, deleted between December last year and June this year. This figure is significantly higher than the 331,000 Instagram accounts and 173,000 Facebook accounts Meta reported in January. Australia's internet regulator is weighing legal action against platforms that do not adequately comply with the ban.
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.

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