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8/19
09:06
Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-called super-lateral wells that exceed 15,000 feet.
09:03
The buying behavior of these well-known hedge funds is seen by some market observers as a potential buy signal. However, Morningstar's fair value target for SpaceX is $62, implying more than 50% downside from its current price (slightly above its IPO price of $135). Analysts' price targets for SpaceX vary widely, from $800 to double digits, reflecting deep divisions in the market's valuation of Musk's $1.89 trillion space and AI giant.
09:02
The new warehouse facility provides Ethena with an additional source of returns for assets backing its USDe stablecoin, by channeling onchain capital into overcollateralized institutional loans.
08:58
The analysis highlights that while both small-cap ETFs have similar expense ratios, dividend yields, beta, and returns, VB manages over $180 billion in net assets compared to ISCB's approximately $289 million, providing VB with greater liquidity.
08:58
The company's top shareholder, private equity firm Trive Capital, sold 17 million shares. The IPO was downsized from its original marketing range of $19 to $22 per share.
08:58
The analysis highlights Micron Technology (MU) with a forward P/E of 6.5, PDD Holdings (PDD) at just over 8, and Adobe (ADBE) at 9, all significantly below the S&P 500 average of 21. However, it cautions investors about Micron's cyclical market and recent profit-taking (down 25% from high), PDD's trade tensions and slowing growth (Q1 2026 revenue up 11% YoY vs. 131% two years prior), and Adobe's AI competition risk despite record Q2 revenue of $6.6 billion, up 13% year-over-year.
08:57
The drug is a generic version of the well-known brand Vasotec and will be available in 2.5mg, 5mg, 10mg, and 20mg tablet strengths. Sunshine Biopharma plans to distribute it in Canada through its wholly-owned subsidiary, Nora Pharma Inc., with the first products expected to arrive at retail pharmacies by the end of 2026.
08:55
The move is aimed at easing pressure in the fixed income market, where yields have soared to near 20-year highs.
08:53
Lee pushed back on Burry's comparison of Nvidia's $500 billion financing push to Enron's accounting tricks, and a Wall Street Journal analysis finding $3 trillion in off-balance-sheet AI commitments among nine tech giants. Lee argued that gross obligations in finance always dwarf underlying assets and that the revelations offer an incomplete view of how financial systems work. Burry, known for shorting subprime mortgages, doubled his bet against Nvidia and warned of a potential 1987-type crash risk for US stocks.
08:52
The AI optical computing stock's Q2 FY26 revenue was $569,925, up 112.29% year-over-year but missing expectations by 17.58%. The company closed the quarter with approximately $796 million in cash and short-term investments after a $400 million offering. Management targets shipping over 30,000 optical engines in 2026.
08:36
Harvard Management, the endowment of Harvard University, has disclosed a $2.2 billion investment in Space Exploration Technologies (SpaceX), making it the fund's largest single stock holding. The fund also holds approximately $101 million in Bitcoin via the iShares Bitcoin Trust ETF.
08:32
The Amsterdam-headquartered company intends to issue $2.75 billion in notes maturing in 2030 and $1.75 billion in notes maturing in 2034. Proceeds will be used to expand data center capacity, invest in its full-stack AI cloud platform, and acquire GPUs and other key components. Nebius also expects to enter privately negotiated agreements with certain holders of its existing convertible notes due 2029 and 2031 to exchange part of the notes for Class A shares.
08:31
Coinbase (COIN) stock broke below a key resistance level on Tuesday after the cryptocurrency exchange reported a second-quarter earnings per share loss of $1.36, significantly higher than analysts' expectations of a $0.41 loss per share, leading sellers to exit. Additionally, market uncertainty surrounding the Clarity Act also put pressure on the stock price.
08:31
Elon Musk's X Money, the financial section launched in July as part of the X social media platform's "super-app" ambitions, is offering to pay 6% annual yields on certain cash deposits.
08:31
The Swiss bank noted that while the S&P 500 is expected to see further gains, its reliance on a few AI winners has led to dangerously concentrated portfolios. UBS sees fresh opportunities in European equities, which are poised for their strongest Q2 profit growth in four years, and Japanese equities, where Q2 operating profits are up over 20% year-on-year. The bank also remains constructive on mainland Chinese A-shares and has upgraded India to attractive, driven by the Asia-Pacific region's AI hardware supply chain and overall earnings growth forecasts of 72% this year and 20% next.
08:25
Anthropic is assembling a revolving credit facility, with banks competing for a share of the expanded credit line to bolster their standing when the AI company selects underwriters for its upcoming initial public offering. The company, known for its Claude chatbot, confidentially filed for a U.S. IPO in June.
08:18
The vaccine candidate, developed with Merck, is an mRNA therapy paired with the cancer drug Keytruda. It helped melanoma patients live longer in a late-stage trial, marking the first Phase 3 data for the experimental vaccine.
08:05
Bybit stated that its AI-assisted auditing system discovers high-severity vulnerabilities five times faster than manual review and has reduced the time from system evaluation to testing from approximately two weeks to two hours. This move comes after the exchange lost approximately $1.46 billion in February 2025 due to a North Korean hacker attack.
08:04
H100 completed its acquisitions during the period, making it Europe’s second-largest Bitcoin treasury by holdings.
08:00
Edward Yardeni, president of Yardeni Research, explained that he views interest rates at this level as "a healthy sign of a healthy economy."
07:58
Apple's commission revenue from the U.S. App Store contracted by 18% in 2026, according to data from app analytics firm Appfigures. This decline follows legal challenges from companies like Epic Games and pressure from government bodies such as the European Commission, which are impacting Apple's services revenue. Apple CFO Kevan Parekh attributed the slowdown in services growth to foreign exchange fluctuations and adjustments to the App Store's business model in certain countries, including a U.S. court ruling affecting "link-out" transactions. Additionally, market research firm Sensor Tower reported a 6% decrease in U.S. consumer spending on the App Store in Q2 2026.
07:50
Europe's bond sales are roaring back from the summer lull at the fastest pace on record, resuming the breakneck pace of borrowing seen globally throughout the year.
07:47
Oklo (NYSE: OKLO) went public in May 2024 through a SPAC merger, while X-Energy (NASDAQ: XE) listed in April this year. Both companies are dedicated to developing next-generation nuclear energy technologies, but their reactor designs have not yet received commercial deployment approval from the U.S. Nuclear Regulatory Commission (NRC). Oklo anticipates its first Aurora Powerhouse reactor will achieve criticality around Q1 2027; X-Energy's XE-100 reactor project, in collaboration with the U.S. Department of Energy and Dow Chemical, is not expected to begin construction until at least Q1 2027.
07:47
The data was disclosed in Amazon's earnings report on July 30. Additionally, Amazon's custom chip business has reached the same scale.

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