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8/15
09:26
Google's $900 million investment in SpaceX has yielded a $94 billion return, an appreciation of nearly 100 times.
Google invested $900 million in Google in 2015. As of June 30, this investment has yielded a return of $94 billion for Google, an appreciation of nearly 100 times. Google currently holds 551.2 million shares of Google, valued at $170.86 per share at the closing price on that day, while Google's IPO offering price was $135.
09:18
Arizona Gold & Silver reports strong Perry Zone drilling results from Philadelphia Project, including 22m at 4.1 g/t gold
Arizona Gold & Silver Inc. earlier this week highlighted new diamond drilling results from the Perry Zone at its Philadelphia Gold-Silver Project in northwest Arizona. Key findings include hole 169 returning 22 meters grading 4.1 grams per tonne (g/t) gold within a broader 73-meter intersection grading 1.7 g/t gold, and hole 167 returning 15 meters grading 2.7 g/t gold within an overall 67-meter zone grading 1.1 g/t gold. The company's senior vice president of exploration, Lex Lambeck, noted the continuity in the vein system and opportunities for further drilling.
09:15
Economist Peter Schiff warns US stocks are a "ticking time bomb" headed for an "ultimate collapse," advises turning to gold, despite the S&P 500 and Nasdaq Composite rising over 12% since his April warning.
Long-term contrarian investor Peter Schiff warned in April 2026 that investors were ignoring significant risks in the rising US stock market, and that the market could face a painful reckoning. He believed the US economy was "in big trouble" and could face a "financial crisis, a dollar crisis, and a sovereign debt crisis." However, since his warning, as of August 11, the S&P 500 and Nasdaq indices have risen by 12.9% and 13.8% respectively, both nearing recent historical highs. Schiff still insists that fundamentals will drive the market down in the long run and advises investors to hedge risks with precious metals (such as gold). JPMorgan Chase still expects gold to reach $5,000/ounce by the fourth quarter, and its CEO Jamie Dimon recently stated that gold could "easily" rise to $10,000/ounce.
09:14
Block (SQ) stock fell 6% despite Q2 adjusted earnings per share rising 65% to $1.02, beating estimates, as investors focused on slowing Cash App user growth.
Block's shares dropped the day after its Q2 earnings report, which showed a significant 65% year-over-year increase in adjusted earnings per share to $1.02, surpassing the $0.87 consensus estimate. However, the market reacted negatively to the decelerating growth in Cash App's monthly transacting actives, which grew only 3% year-over-year, down from 4% in the previous quarter. Management attributed the earnings jump to an AI-centered strategy, including a 40% workforce reduction, and expects full-year earnings to grow by 70%. Other metrics showed strength, with U.S. Square gross payment volume up 10% and international GPV up 28%.
09:13
U.S. Social Security Administration: Full Retirement Age (FRA) to be Permanently Set at 67 Starting November 2026 for Those Born in 1960 or Later
09:13
Tencent Music (TME) stock fell 7.2% this week, despite Q2 earnings beating Wall Street expectations.
Investors are concerned about the significant increase in Tencent Music's operating expenses and the approximately 16% year-over-year decline in social entertainment services revenue. In addition, the recent widespread selling pressure on Chinese technology stocks has also impacted the company's share price. Tencent Music's Q2 sales were $1.32 billion, an increase of approximately 5.8% year-over-year, with adjusted earnings per ADS exceeding analysts' expectations by $0.01 and sales exceeding expectations by approximately $20 million.
09:12
S&P 500 companies' Q2 earnings increased by 31% year-on-year, the best performance during a non-recessionary recovery period since 1992.
Bloomberg data shows that S&P 500 companies' second-quarter earnings grew by 31% year-over-year, significantly exceeding the market's previous expectation of 23% growth. This marks the best growth performance since 1992, excluding periods of recovery from major recessions, boosting Wall Street's optimism about the stock market.
09:05
Swan CEO Klippsten Predicts Bitcoin May Bottom in October, Calls altcoins "Basically Dead".
Swan CEO Cory Klippsten said Bitcoin could bottom out about a year after its last peak, possibly in October. He also believes altcoins are "basically dead," and the best outcome for crypto is integration into traditional finance (TradFi).
09:05
Strategy has sold approximately 7,000 Bitcoin this year, raising $653 million.
MicroStrategy (MSTR) has sold 1,690 Bitcoin this year and raised $653 million through the sale of its common stock. The company has cumulatively sold approximately 7,000 Bitcoin this year, marking a significant reversal from its founder's long-standing position of not selling Bitcoin for years. MicroStrategy previously inspired companies worldwide to transform their balance sheets into leveraged bets on cryptocurrency through a strategy of "raise capital, buy Bitcoin, repeat."
09:05
Fidelity Plans to Add Ethereum ETF Staking and Quarterly Payouts for Its Nearly $900 Million Fund
Fidelity is planning to add staking and quarterly dividend features to its nearly $900 million Ethereum ETF. According to the proposal, the fund will retain 85% of the total staking rewards, with the remaining 15% paid to service providers. This move will allow the fund to earn staking rewards, further enhancing its attractiveness.
09:04
Goldman Sachs Agrees to Acquire NEOS for $2.25 Billion, Expanding Its Position in Derivative ETFs and Bitcoin Yield Products
Goldman Sachs has agreed to acquire NEOS for $2.25 billion, a move that will expand its position in derivative ETFs and give it access to Bitcoin yield products. This marks a further expansion of Wall Street into the cryptocurrency space.
09:02
Intel CEO Lip-Bu Tan purchased $10 million worth of Intel stock at $95 per share through a family trust.
Intel CEO Lip-Bu Tan purchased $10 million worth of Intel shares at $95 per share through a family trust, a price identical to the company's concurrent secondary offering of $20 billion. This purchase increased his stake in Intel to over 1.3 million shares, valued at over $130 million, betting on the company's continued improvement after its stock price had already risen by 177% by 2026. Intel's Q2 revenue reached $16 billion, a 25% year-over-year increase, with AI-related businesses contributing approximately 60% of the total revenue.
08:41
Tesla stock recovers, but analysts warn three structural problems persist including low operating margin and surging expenses
Analysts point out that despite Tesla's stock being up over 4% this week, its year-to-date performance is down 24%, with a trailing P/E ratio near 306x. The underlying issues include a low 1.4% operating margin in Q2 despite record deliveries, a 47% surge in operating expenses to $4.35 billion driven by Elon Musk's ~$1 trillion pay package, and concerns over governance and capital allocation amid an expansive capital program (2026 capex guided above $25 billion) and negative free cash flow.
08:41
Analysis names Invesco QQQ Trust (QQQ) as the clear winner among three major growth ETFs for the next decade, citing its Nasdaq-100 structure and superior 10-year return of ~513%.
The analysis compared QQQ with Schwab U.S. Large-Cap Growth ETF (SCHG) and Vanguard Growth ETF (VUG), noting QQQ's 21% annualized return over the past decade outpaced SCHG (~449%) and VUG (~410%). While QQQ has a higher expense ratio (0.18%), its index design and forward exposure to innovation, particularly in AI capital spending and cloud infrastructure, position it to best capture future technology-led earnings growth. SCHG offers a wider net beyond mega-caps into AI-adjacent names, and VUG provides a cost-effective, diversified mega-cap growth basket.
08:35
Analysis points to three major "danger signals" in the US stock market, including the S&P 500 P/E ratio exceeding 30x, and margin debt surging 50% to $1.5 trillion.
An analysis article by Moneywise and Yahoo Finance points out that the U.S. stock market currently has three "red flags," and investors should prepare for a potential market crash. As of August 2026, the S&P 500's price-to-earnings ratio has risen to over 30x, the highest level since the dot-com bubble period from late 1998 to late 2002. Additionally, according to data from the Financial Industry Regulatory Authority (FINRA), margin debt surged by approximately 50% in the past year leading up to June 2026, increasing from $1 trillion to $1.5 trillion. The article also mentions that the top ten companies in the S&P 500 (primarily tech giants) currently account for 40% of the index's total market capitalization, a concentration higher than during the tech bubble of the late 1990s. Goldman Sachs expects the S&P 500's annualized return to be only 3% from 2024 to 2034, while Vanguard predicts it to be around 5%.
08:35
Ballet flats trend sees brands like Birkenstock, Crocs, Ugg, Adidas, and Puma roll out new designs
The resurgence in popularity of ballet flats, driven in part by nostalgia and Gen Z shoppers, has prompted footwear companies including Birkenstock, Crocs, Ugg, Adidas, and Puma to introduce new designs. These brands are incorporating the classic shoe silhouette into their own signature styles to capitalize on the "balletcore" and "sneakerina" trends.
08:26
Ukraine's Patriot missile systems are running empty, leaving Kyiv vulnerable to Russia's winter campaign
08:25
Analysis: Three AI Models Predict XRP May Drop Below $1 Before End of September, Bottom Range Between $0.55 and $0.80
08:25
Super Micro Computer (SMCI) forecasts fiscal 2027 revenue of $65 billion to $72 billion, significantly above analysts' $52.5 billion estimate, sending shares up ~7% after-hours.
Super Micro Computer's updated outlook dramatically raises the stakes for the AI trade. The company's fiscal fourth-quarter revenue nearly doubled to $11.12 billion but fell short of Wall Street's $11.55 billion expectation, with CEO Charles Liang citing short-term customer delays. However, its gross margin was 17.5%, exceeding initial guidance of 15% to 17%.
08:08
CNBC Reporter Comparison Test: Rivian Autonomy+ Excels on Highways, but Non-Highway Driving Still Lags Tesla FSD
A CNBC reporter compared Rivian Autonomy+ and Tesla FSD (Supervised) v14's "hands-free" driving systems. The test results showed that Rivian Autonomy+ has surpassed traditional competitors like GM's Super Cruise in highway driving, but still lags behind Tesla FSD in non-highway and point-to-point driving. Rivian aims to catch up and surpass Tesla FSD, and plans to offer point-to-point driving capabilities later this year. Currently, Tesla FSD costs $99 per month, while Rivian Autonomy+ costs $49.99 per month.
08:05
Ethereum advocate Raman warns Wall Street's obsession with private blockchains is "a race to the bottom"
Vivek Raman, co-founder and CEO of Etherealize, stated that Wall Street's obsession with private, centralized, permissioned blockchains is creating "a race to the bottom." He believes these networks erode the potential that blockchain technology aims to achieve by creating isolated silos that do not interoperate with each other. Raman emphasized the need for a global, open, permissionless infrastructure as the underlying layer, with permissioning mechanisms built on top at the application or L2 layer to achieve maximum interoperability and liquidity. He noted that institutions like BlackRock investing in open networks such as Ethereum is the right direction, as institutional capital will flow to "rails" that are not owned by anyone once regulatory clarity is achieved.
08:03
BlackRock's Rick Rieder: US CPI Data Led to "Collective Industrywide Sigh of Relief" But "We're Not at Target Yet"
08:02
Google's Decade-Long Internal AI Struggle Is Taking Its Toll
The decade-long internal AI strategy struggle at Google, particularly the role of DeepMind (acquired by Google in 2014) as both a cornerstone of its AI strategy and a source of long-standing organizational friction, is beginning to show its effects.
04:50
Galaxy lowers CLARITY Act odds to 10%, citing unresolved ethics, stablecoin yield, developer protection issues, and a narrow Senate window
04:39
Changpeng Zhao: Over 20.07 million Bitcoin Mined as of August 2026, Only 4.4% of Supply Remaining
Binance founder Changpeng Zhao stated that as of August 2026, over 20.07 million Bitcoin have been mined, with only 4.4% of the supply remaining. He estimated that 10% to 20% of existing Bitcoin are lost, stuck, or unrecoverable, and considers Bitcoin to be a deflationary asset.
03:41
Michael Saylor announces upgrades to $STRC, $STRD, $STRK & $STRF dashboards
Michael Saylor announced that the dashboards for $STRC, $STRD, $STRK, and $STRF have been upgraded with new metrics including BTC Rating, BTC Floor, BTC Floor ARR, Tax-Equivalent Effective Yield, and 1Y Sharpe. These new tools are designed to help evaluate income, credit quality, downside protection, and risk-adjusted returns.
03:21
Israeli Strike Kills Seven in South Lebanon, Deadliest Since June Agreements Significantly Reduced Hostilities
An Israeli air strike killed seven people and wounded three in southern Lebanon early on Saturday, according to state media, as Israel intensified attacks across several towns and villages overnight. Lebanon's National News Agency reported the strike hit a house on the outskirts of Ansar, in the Nabatieh district. This marks the deadliest reported Israeli attack in Lebanon since agreements reached in June led to a significant reduction in hostilities between Israel and Hezbollah.
03:21
Israeli forces stormed a wedding hall in al-Eizariya town in the occupied West Bank and assaulted Palestinian attendees
02:22
Gaza Farmers Rebuild with Small-Scale Projects as Over 87% of Agricultural Land Destroyed
Despite more than 87% of Gaza's agricultural land being destroyed and annual production plummeting from 524,000 tonnes to 20,000 tonnes, farmers are turning to greenhouses and rented plots to restart their livelihoods. One farmer, Mohammad al-Halabi, lost his 40,000-square-meter land in February 2024 and now cultivates a 300-square-meter rented plot. Another, Mohammad Abdul Naser Hassan al-Jadba, established a nursery and greenhouse with funding, earning around $1,015 monthly and employing two others.
01:37
Coinbase reports degraded performance for card withdrawals.

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