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8/18
07:37
Iran's Deputy Foreign Minister criticized Trump's position on the Strait of Hormuz, calling it a “delusion” that will soon be corrected. He also noted that Trump had correctly referred to the Persian Gulf by name.
07:32
The AI start-up overhauled its chatbot for young people following high-profile lawsuits.
07:31
Rich Privorotsky, head of the Goldman Sachs Delta-one trading desk, pointed out that the current round of rising long-term interest rates is increasingly a supply problem, rather than a central bank policy problem. Massive sovereign deficits, coupled with AI capital expenditures potentially exceeding $1 trillion annually, are largely financed through debt markets, leading to too much "paper" for the market to digest. Analysts warn that once interest rate volatility truly spikes, the stock market's adjustment could be far greater than current market pricing, while the implied volatility of S&P 500 options is currently still at its lowest level since January.
07:30
Fuyao Glass's 2026 semi-annual report shows that the company achieved operating revenue of RMB 21.971 billion in the first half of the year, a year-on-year increase of 2.44%. Net profit attributable to shareholders of listed companies was RMB 3.97 billion, a year-on-year decrease of 17.37%. The company pointed out that exchange losses for the current period were approximately RMB 803 million, while exchange gains for the same period last year were approximately RMB 602 million, resulting in a combined negative profit fluctuation of approximately RMB 1.4 billion. If the aforementioned exchange factors are excluded, the total profit for the current reporting period actually increased by 4.78% year-on-year. In addition, the company announced an interim cash dividend of RMB 1.00 per share (including tax) for 2026.
07:28
Pimco's Stracke says wealth managers are shying away from private credit and stepping up their search for alternatives, as wealth managers continue to be affected by several major direct lending funds abruptly imposing exit restrictions earlier this year.
07:24
CoinDesk analysis indicates that the spread between diesel and crude oil (the "crack spread") has surged to a record high of $102.20 per barrel. Conflicts in Iran and Ukraine have disrupted global oil supplies, exacerbating this spread, especially as agricultural production reaches its seasonal peak for fuel demand. This could lead to increased food and transportation costs, pushing up inflation. Although Goldman Sachs previously lowered expectations for a Federal Reserve rate hike in September due to slowing inflation, the latest developments in the energy market could complicate this outlook. Furthermore, a potential rebound in crude oil prices and persistently high US Treasury yields could limit gains for Bitcoin. However, the DXY (US Dollar Index) has fallen to a two-and-a-half-year low of 99.29, and historical experience suggests that a weaker dollar typically benefits Bitcoin, subjecting Bitcoin's short-term trend to multiple conflicting narratives.
07:17
Bank of America's August survey shows investor bullishness near extreme levels, with 56% of fund managers overweight equities—the highest since November 2021, and cash allocations at 3.5%. The survey ranks as the third-most bullish since 2022. Despite strong confidence in stocks and AI spending, BofA recommends rotating toward more defensive assets as market risks build.
07:12
Nome company is dedicated to serving small, rare disease communities often overlooked by the pharmaceutical industry, utilizing its AI platform to analyze genetic test results in approximately 10 minutes and provide detailed treatment roadmap reports. Stevie Ringel, founder and CEO of the company, stated that this initiative aims to reduce the cost of personalized treatment, making it more accessible to smaller patient populations.
07:11
HomeTrust to acquire Blue Ridge Bankshares in an all-stock deal valued at approximately $448.1 million, expecting about 30% EPS accretion and 8.3% tangible book value dilution. The transaction will form a commercial bank with over $7 billion in assets and is expected to close in early Q1 2027, subject to regulatory and shareholder approvals. Existing HomeTrust investors are projected to hold about 65% of the combined group, while Blue Ridge investors will own roughly 35%.
07:10
Nike (NKE) currently has a dividend yield of 4% and is on track to increase its quarterly dividend for the 25th consecutive year in 2026. If this trend continues, Nike will officially be recognized as a "Dividend Aristocrat," a company in the S&P 500 that has increased its dividend for 25 consecutive years (or more). The company raised its dividend for the 24th consecutive year in November 2025, increasing its quarterly payout to $0.41 per share, or $1.64 on an annualized basis.
07:07
India has initiated a consultation process with the US at the World Trade Organization, challenging tariffs imposed by the White House on certain quartz products. This action adds another point of friction between the two countries, which have yet to finalize a comprehensive trade deal.
07:06
Bank of America's August survey shows that fund managers' bullish sentiment towards gold has increased, with a net 16% of respondents believing gold is undervalued. This figure is a significant increase from 6% in July and the highest level since March 2023. Gold prices have fallen significantly since hitting a high of $5,300 per ounce in January. Although there was a rebound in August, New York gold futures still fell 0.5% to $4,450.30 per ounce on Tuesday.
07:05
However, the survey also shows 31% of respondents anticipate a hawkish message, signaling tighter monetary policy, while only 7% expect a dovish stance, pointing to limited expectations for a softer policy outlook.
07:03
BlackRock Global Allocation Fund portfolio manager Russ Koesterich said that this week's rise in 30-year U.S. Treasury yields to their highest level since 2007 has rendered bonds ineffective as a hedge. He also believes that $100 oil prices will not hinder U.S. economic expansion.
07:00
The Sweden-based freight technology company announced plans to deploy the trucks across its North American operations over the next two years, starting in September 2026 and completing in phases through 2028. This move, which will support customers like Amazon, is described as the largest rollout of heavy-duty electric vehicles to date and aims to convert about $800 million in potential long-term annual recurring revenue into active freight capacity.
06:50
An analysis highlights that while both ServiceNow and Palantir sell AI SaaS platforms to governments and enterprises, their growth rates diverge significantly due to U.S. commercial revenue performance. Palantir reported a 149% year-over-year increase in U.S. commercial revenue to $764 million in Q2 2026, and raised its full-year forecast for this segment to over $3.42 billion, implying at least 134% growth for 2026. In contrast, ServiceNow's total subscription revenue grew approximately 23% year-over-year in constant currency to about $3.9 billion in Q2, with its AI annual contract value crossing $1 billion.
06:49
Analysts point out that in the current market environment, technology and growth stocks are lagging, while small-cap, international, value, and dividend stocks are outperforming. Given that the futures market anticipates a 65% probability of a rate hike by year-end, and inflation remains above the Federal Reserve's 2% target, a high-interest rate environment may persist. The Vanguard High Dividend Yield ETF (VYM), which holds value stocks (such as financial stocks), performs well in this environment, with a dividend yield of 2.2%.
06:39
Canadian pipeline firms are proposing billions of dollars in new projects to increase export pipeline capacity by 45%, or 2.25 million barrels per day, by 2035. However, oil sands companies are reluctant to commit to significant production expansions due to ongoing uncertainty around climate policies and long-term global demand. Filling these pipes would require Canadian oil supply to increase by over a third by 2034, nearly doubling its current annual average growth rate. Suncor Energy and Canadian Natural Resources this month stated they are not yet willing to accelerate production increases, and Enbridge in July postponed plans for a second phase of its Mainline pipeline expansion as customers failed to commit to capacity.
06:35
Brazil’s President Lula da Silva praised the discovery of oil off the Amazon coast, calling it a “passport to the country’s future” that would strengthen national sovereignty, despite opposition from environmentalists to drilling in the area.

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