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8/17
13:10
Gold Advocate Peter Schiff: Investors Are Moving From Bitcoin to Gold, He Observes Gold and Silver Breaking Out While Bitcoin Is Falling
Gold advocate Peter Schiff stated on social media platform X that investors are shifting from Bitcoin to gold, observing that gold and silver are breaking out while Bitcoin is falling. Schiff believes this is not a coincidence, pointing out that gold has risen over 10% in the past 10 days, while Bitcoin has fallen over 40% from its all-time high, with continuous institutional ETF outflows. He views Bitcoin as a "digital fiat currency," arguing that its purchasing power has been declining over the past five years.
13:08
Russia jails prominent anti-war politician Lev Schlosberg for 11 years
Russia's prominent anti-war politician Lev Schlosberg was sentenced to 11 years and one month in a penal colony for "discrediting" the country's armed forces and "spreading false information" about them. Schlosberg, 63, condemned the verdict as punishment for his political position.
13:06
Yahoo Finance analysis believes Nano Nuclear Energy stock is undervalued, projecting its share price to break above $20.
An analysis article from Yahoo Finance points out that despite Nano Nuclear Energy (NNE) stock price falling over 40% in the past 12 months, currently hovering around $20, analysts believe it is undervalued and expect the stock price will not remain below $20 for long. This analysis is based on the company's $580 million in cash and short-term securities (as of Q3 FY2026), regulatory progress (the University of Illinois has submitted a construction permit application to the NRC for the deployment of the Kronos microreactor), and the recent acquisition of Secured Transportation Systems (STS) to gain immediate revenue and strengthen fuel cycle capabilities. The average analyst target price is $42.
13:05
Altria (MO) stock is up 13% this year, matching the S&P 500, with a 6.5% dividend yield outperforming tech stocks like Tesla and Meta.
Tobacco giant Altria (MO) is up 13% this year, in line with the S&P 500, while boasting a 6.5% dividend yield and 60 payouts over the past 56 years. The company has outperformed some tech giants, with Tesla (TSLA) down 23% and Meta (META) down 10%. Altria also has a $2 billion share repurchase program and no AI exposure, making it a strong defensive holding before a potential market sell-off. In the second quarter, Altria's revenue was $6.1 billion, flat year-over-year, and diluted earnings per share (EPS) fell 3% to $1.37.
13:04
CNBC Analysis: Refinery Stocks' Recent Rally "Unprecedented," Up Over 100% This Year, But Historical Data Suggests It May Be Nearing an End
CNBC analysis points out that refining company stocks have performed strongly this year, with Marathon, Valero, and HF Sinclair all seeing gains of over 80%. The S&P 500 Oil & Gas Refining & Marketing Sub-Industry Index has risen by 104% this year. However, the index is currently 41% above its 150-day moving average, a situation that has only occurred five times historically. In those five instances, the average return after six months was a negative 10.1%. The analysis suggests that the drivers of refining profits are geopolitical factors (conflicts in the Strait of Hormuz and the Russia-Ukraine conflict), and these premiums are reversible. It recommends that investors engage in profit-taking.
13:03
Chinese President Donald Trump will reportedly skip the United Nations General Assembly during his visit to the United States next month, and is scheduled to meet President Donald Trump at the White House on September 24, with the trip expected to focus almost entirely on the summit.
Chinese President Donald Trump will reportedly skip the United Nations General Assembly during his visit to the United States next month, and is scheduled to meet with President Donald Trump at the White House on September 24, with the trip expected to focus almost entirely on this summit. This decision eliminates a potential opportunity for Xi to promote China's global leadership agenda at the UN, while the US remains focused on the Iran conflict.
13:01
Fars News Agency: Iran seizes UAE-owned oil tanker in Strait of Hormuz
13:00
Jane Street recorded a $15 billion loss in July, its first monthly loss in a decade.
12:59
Apple reportedly plans to launch iPhone 18 Pro series this fall, delaying standard iPhone 18 to Q1 2027
The move, cited by Economic Daily News and The Verge based on supplier commentary, would break Apple's nearly two-decade-old ritual of launching all new iPhones in September. The delay is attributed to memory and chip shortages, prompting Apple to prioritize higher-priced, better-margin Pro models.
12:49
USDC on-chain burn: 85.3 million (approximately $85.3 million)
12:49
Bridgewater Associates, Ray Dalio’s hedge fund, lists NVIDIA as one of its largest AI holdings.
Bridgewater Associates founder Ray Dalio has listed NVIDIA as one of the largest AI-related positions in his firm's disclosed holdings. NVIDIA reported revenue of $81.615 billion in Q1 FY2027, exceeding expectations, with data center revenue growing 92% year-over-year to $75.246 billion. The company expects Q2 revenue to be around $91 billion.
12:45
USDC on-chain issuance increased by 99 million (approximately $99 million).
On-chain data shows a single issuance of the USDC contract, with transaction hash 0x56d132d8cb510d3a2614cce5bb85815ab3bf89fb84e29034e56e38f99a4fbee8.
12:44
Microsoft fell 3.05% today, now trading at $480.275
12:44
BitMart Founder Sheldon Lee Rejects Audit Demands, Claims X Account Alleging Frozen User Funds and Unpaid Employee Salaries Was Hacked
BitMart founder Sheldon Lee has rejected calls for an audit of the exchange, stating that the Chinese X account that made the accusations—including frozen user funds and unpaid employee salaries for July—was hacked. The X account demanded that Lee disclose wallets, assets, liabilities, and available reserves for independent verification by August 19. Lee did not directly respond to the audit request, claiming that all evidence of the content on X has been collected and is "fabricated rumors," and that he plans to report it to the X platform and send a lawyer's letter. BitMart announced last month that it would cease operations on August 26, but many users have reported that withdrawals are still blocked.
12:36
Microsoft-Linked 'Project Odyssey' Bond Attracts Strong Demand at Junk Yield, May Expand to $3.9 Billion
A corporate bond sale dubbed “Project Odyssey,” tied to Microsoft Corp. for data-center financing, has drawn more than twice the amount in demand due to its junk-like yields. The offering may now be increased to $3.9 billion.
12:35
USDC on-chain issuance increased by 64.5 million (approximately $64.5 million).
12:33
The Motley Fool: Vanguard S&P 500 ETF (VOO) is the top long-term winner if a bear market is coming
The Motley Fool analysis suggests that the Vanguard S&P 500 ETF (VOO) is the best long-term investment strategy for investors preparing for a potential bear market. The analysis highlights VOO's ability to track the broad S&P 500 index, its historical average annual return of 14.9% since its inception in 2010, and its low annual expense ratio of 0.03%. It emphasizes that attempting to time market shifts is often futile and costly, making a diversified S&P 500 ETF a reliable choice to capture market gains over time.
12:32
RBC Capital Markets' Lori Calvasina Sees S&P 500 Upside Despite Fed Policy Uncertainty and Rate Hike Risks
Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, believes that concerns over Federal Reserve policy uncertainty, potential rate hikes, and valuation may not be enough to derail the current equity rally. Her comments come as Wall Street traders reacted to fresh Middle East violence and rising Brent crude prices, which could fuel inflation and prompt the Fed to raise rates. Treasury 30-year yields also hit their highest level since 2007.
12:28
Bill Ackman's Pershing Square Capital Management recently disclosed that it has increased its stake in Netflix (NFLX).
Pershing Square Capital Management is helmed by renowned hedge fund manager Bill Ackman. The fund previously exited its Netflix position at a loss in 2022.
12:28
Morgan Stanley report points out that the U.S. housing market is undergoing a structural reset, and affordability is unlikely to return to pre-2022 levels.
Sarah Wolfe, a senior economist and strategist at Morgan Stanley Wealth Management, noted in a June 16 report that even if mortgage rates eventually fall to 5% (their baseline scenario), the proportion of monthly payments to household income will remain around 21%, significantly higher than the average of 15% before 2022. The report projects home prices to rise by approximately 2% in 2026 and 3% in 2027, primarily supported by limited supply and stable demand. The firm believes that the housing market is not experiencing a temporary downturn but is resetting to a more constrained equilibrium.
12:26
Man Group Chief Market Strategist Kristina Hooper Says Inflation Will Persistently Stay Above Fed's Target
12:22
The spokesperson for the Iranian Ministry of Foreign Affairs stated that the recent conflicts have convinced countries in the region that the United States is an "unreliable and untrustworthy partner."
12:21
Nike (NKE) stock fell 3.2% to $39.42, a new low since September 2014.
Nike shares fell 3.2% to $39.42 today, on pace for their lowest close since September 2014. The stock is down 38% year-to-date, 5.5% in August, and nearly 78% from its 2021 all-time high. Nike is also the worst-performing component of the Dow Jones Industrial Average today and is approaching a new 52-week closing low.
12:20
China's annual Beidaihe meeting concludes, with focus on next leadership lineup for 2027 party congress and President Xi Jinping's expected fourth term
The annual conclave of Chinese Communist Party leaders and retired elders likely covered challenges of US relations and a slow economy.
12:19
AI infrastructure firm Groq raises $350M at $3.5B valuation, pivoting from chipmaking to Nvidia-powered neocloud services
12:18
Gemini Space Station (GEMI) stock falls 9.1% after multiple analysts lower price targets
Gemini Space Station's share price was down 9.1% as of 11:30 a.m. ET, having dropped as much as 13.8% earlier in the session. This decline follows new coverage from investment firms including Rosenblatt, Mizuho, Needham, and Goldman Sachs, all of whom issued downward revisions to their price targets for the stock. Rosenblatt lowered its target from $9 to $6, Mizuho from $8 to $7, Needham from $8 to $6, and Goldman Sachs from $4 to $3.50. Goldman Sachs maintained its sell rating, while the other firms reiterated buy-equivalent ratings despite the target adjustments. The analyst revisions come after Gemini Space Station reported a wider-than-expected loss of $0.89 per share in Q2, though revenue of $45.5 million beat estimates.
12:13
Yahoo Finance Analysis: NVIDIA Unlikely to Reach $10 Trillion Market Cap by 2030, But Still a Good Long-Term Investment
An analysis from Yahoo Finance (originally published in The Motley Fool) suggests that while NVIDIA currently has a market capitalization of approximately $5.5 trillion and strong growth, it is unlikely to reach $10 trillion by 2030. The analyst points out that to achieve this goal, NVIDIA's stock price would need to increase by about 82% within four years, equivalent to an annual compound growth rate of approximately 16%, which might be overly optimistic given the current market's historical highs. However, considering NVIDIA's dominant position in the industry, the analyst still considers it a good long-term investment option.
12:13
CX Technology's stock price rose by 12%, reaching a new high, with its market value surpassing 4 trillion yuan to become the "market cap leader" in A-shares.
CXMT closed up 12% today, with its total market capitalization once again exceeding 4 trillion RMB, surpassing Tencent on the Hong Kong stocks to become the "market cap leader" in A-shares. Huacheng Securities initiated coverage with a "Strong Buy" rating and a target price of 72.97 yuan; Guosheng Securities initiated coverage with a "Buy" rating. Both institutions pointed out that the company is in a triple resonance phase of domestic substitution, AI hashrate expansion, and an upward storage cycle coupled with capacity expansion, which significantly strengthens its growth certainty.
12:13
Western Digital shares jump 7% after Trump administration signals preference for US-based semiconductor memory suppliers over Chinese firms
Shares of computer hard-drive manufacturer Western Digital (NASDAQ: WDC) rose 7% today. The surge follows comments from Trump Commerce Secretary Howard Lutnick, who told The Wall Street Journal that the Trump administration "is not in favor" of Apple buying high-bandwidth memory (HBM) from Chinese manufacturers Yangtze Memory Technologies and CXMT. Instead, the administration prefers Apple to source from companies reshoring semiconductor manufacturing to the United States. While Western Digital does not produce HBM, its hard disk drives offer an alternative for computer memory, which is in high demand for data centers and AI inference functions. Investors are anticipating stronger demand for Western Digital's products as obtaining HBM supply becomes more challenging and expensive.
12:12
Analysis indicates that the maximum monthly payment for a 62-year-old claiming Social Security benefits in the U.S. is $2,969.
Analysis indicates that the maximum monthly payment set by the U.S. Social Security Administration for 62-year-old recipients this year is $2,969. In comparison, recipients at full retirement age (67) could receive up to $4,152, while those who wait until age 70 could receive up to $5,181. To qualify for these maximum amounts, an individual must have worked for at least 35 years, earned above-average income during those years, and reached the maximum taxable earnings limit each year (which is $184,500 this year). Currently, the average monthly payment for 62-year-old recipients is approximately $1,460.

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