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8/24
10:15
SGA's Global Growth Strategy noted that Taiwan Semiconductor Manufacturing Company Limited (TSM) was a top contributor, with shares supported by sustained demand for advanced logic and compute from customers in AI accelerators and CPUs. SGA maintained an above-average weight position in TSM during the quarter, citing its dominant competitive position and technology leadership.
10:15
U.S. Treasury Department data shows that as of August 18, the total U.S. national debt reached $40.047 trillion, double the $19.95 trillion when Donald Trump first took office in January 2017. In the first 10 months of fiscal year 2026, the federal government has paid approximately $1.1 trillion in interest, surpassing Medicare to become the second-largest government expenditure. The Congressional Budget Office projects that by 2036, annual net interest costs will increase from $1 trillion in 2026 to $2.1 trillion, and publicly held debt as a percentage of GDP will rise from 101% to 120%.
10:15
The transaction for Expion Energy (formerly Expion360 Inc.) includes approximately 3,000 net acres of existing leasehold and one wellbore. The company plans to invest up to $4 million in additional leasing programs and test drilling by February 15, 2027. Expion Energy has appointed Kevin Sellers as its new CEO to drive the development of its oil and gas platform and changed its name from Expion360 Inc. to Expion Energy, Inc. on August 20 to reflect its broader operational strategy.
10:14
An analysis article points out that according to its internal model predictions, data analytics company Palantir (NASDAQ:PLTR) stock price is expected to reach $250 by August 24, 2028. The model also anticipates that Palantir's stock price will reach $219 within the next year. Currently, the consensus target price among Wall Street analysts is $191.68.
10:14
According to CNBC reporter Kristina Partsinevelos, Broadcom is raising this debt by setting up a special purpose vehicle (SPV) that will purchase AI chips and lease them to clients like Anthropic, thereby avoiding direct inclusion of the debt on Broadcom's balance sheet. However, Broadcom will guarantee a portion of the debt, and Bank of America estimates that Broadcom's guaranteed exposure could reach $370 billion by 2029. NVIDIA is also employing a similar strategy on a larger scale, with its related exposure potentially exceeding $500 billion. Analysis suggests that if there is a shock to AI demand, these guarantees could be triggered simultaneously, posing challenges for risk management.
10:06
Friar cited internal figures showing revenue run rate up 35% quarter to date and enterprise revenue up 50%, noting that the mix at filing will determine whether OpenAI is priced like an infrastructure or a consumer app. She also acknowledged Anthropic's potential September 2026 IPO, stating OpenAI is "running our own race," but the first frontier AI lab to list will set the sector's comparable valuation multiple.
10:05
Sustainable Growth Advisers (SGA), in its Q2 2026 investor letter, stated that it has questioned ServiceNow management regarding its recent aggressive acquisition activities and emphasized the company's need for transparency in strategic decisions. ServiceNow management disagreed, asserting that recent transactions were an accidental confluence of multiple acquisitions, not a fundamental change in strategy. SGA, however, pointed out that the lack of timely communication exacerbated investor uncertainty and encouraged ServiceNow to disclose significant strategic decisions more clearly and proactively.
10:05
Sustainable Growth Advisers (SGA) stated in its Q2 2026 investor letter that it liquidated its Intuit (INTU) holdings due to concerns over DIY Tax weakness, continued deterioration in Mailchimp, and reduced visibility on the timing of any growth reacceleration. The firm also questioned management's ability to execute in a challenging environment, reallocating the capital to a new position in Arista Networks.
10:05
Needham stated that the cryptocurrency rebound is strong, believing that the large-scale sell-off has largely ended and investor attention is shifting towards digital assets. The prediction market Kalshi currently expects Bitcoin to reach approximately $90,000 this year, with traders seeing a 30% chance of Bitcoin breaking $100,000, an 18% chance of breaking $110,000, and a 13% chance of breaking $120,000.
10:03
Sustainable Growth Advisers (SGA) stated in its Q2 2026 investor letter that Arm Holdings plc (ARM) was a top contributor to its Global Growth Strategy portfolio, delivering 20% revenue growth and 12% profit growth. The firm views Arm as a high-quality, long-term compounder well-positioned to benefit from the proliferation of AI and power-efficient computing. However, SGA trimmed its position in Arm to a below-average weight due to valuation considerations following the stock's strong performance.
10:00
The company disclosed in a regulatory filing on Monday that the liquidity pool, named "USD Cash," will be used for potential Bitcoin purchases and stock buybacks, among other uses. Strategy, the world's largest corporate Bitcoin holder, will gain greater flexibility during the Bitcoin market downturn while continuing to execute its Bitcoin acquisition strategy.
10:00
Dan Ives, an analyst at Wedbush Securities, said the market is underappreciating NVIDIA's "on-premise AI" business, which has already generated $9 billion in revenue and is poised to expand its total addressable market. NVIDIA is set to report its second-fiscal-quarter earnings on Wednesday, August 26, 2026, and Ives believes the report will need to provide strong third-quarter guidance, confirmation of Vera Rubin chip shipments, and demand information supporting $1 trillion in Blackwell chip revenue visibility through 2027.
09:58
Strive CEO Matt Cole stated that he firmly believes the Bitcoin bear market is over after Bitcoin simultaneously broke through against both the US dollar and gold. Following this news, Strive (NASDAQ:ASST) shares rose 5% in early trading to $19.09, Strategy (NASDAQ:MSTR) shares increased 3% to $123.05, and Bitmine Immersion Technologies (NYSE:BMNR) shares climbed 3% to $23.50. Bitcoin rose 2% in the past 24 hours to $78,987.45, and Ethereum increased 2% to $2,508.83. Additionally, Strategy raised over $2 billion last week through stock sales, but did not sell its holding of 840,447 Bitcoin, and deposited $1.57 billion into a new unrestricted cash account.
09:53
The U.S. Federal Trade Commission (FTC) and five states had argued that the Zillow-Redfin partnership, which involved Redfin winding down its rental listing business and referring customers to Zillow in exchange for $100 million plus fees, drove up costs for landlords and decreased listing quality for renters. An expert for the FTC and states estimated Zillow customers paid an average of 14.5% more per listing after Redfin stopped competing. The settlement requires Redfin to rebuild its rental advertising business within six months, though it can maintain its partnership with Zillow through at least 2030.
09:51
Qiagen NV has appointed Jonathan Pratt as its new chief executive, replacing Thierry Bernard, effective Sept. 1. The appointment comes as the company is in talks with private equity firms regarding a potential sale.
09:49
Guinness Global Innovators Fund stated in its Q2 2026 investor letter that KLA Corporation (NASDAQ:KLAC) plays a critical role in the increasing complexity of semiconductor manufacturing. The fund believes that demand for KLA's inspection and metrology tools is structurally supported by the transition to advanced nodes, high-bandwidth memory, and advanced packaging, areas where even marginal yield improvements can lead to significant economic benefits for customers. KLA's stock price rose by 105.2% during the quarter.
09:49
In its Q2 2026 investor letter, Guinness Global Innovators Fund highlighted Lam Research Corporation (NASDAQ:LRCX), a leading semiconductor equipment company. The fund noted that Lam Research's management has repeatedly raised its outlook for global wafer fabrication equipment (WFE) spending, extending their elevated growth outlook into 2026 and 2027. This is primarily due to the accelerating demand for AI, high-performance computing, and data center infrastructure, which is driving record capital expenditure from foundries and integrated device manufacturers. Lam Research, specializing in etch and deposition, is benefiting from increased DRAM and high-bandwidth memory demand, resilient China revenues, and growth in its high-margin services business. The stock closed at $314.00 on August 21, 2026, with a 7.68% one-month return and a 210.03% gain over the past 52 weeks.
09:48
Bernstein analyst Gautam Chhugani has assigned a Street-high price target of $330 for Coinbase Global (COIN), suggesting a potential 77% upside from its current trading price of $186.49. This optimistic outlook comes despite Coinbase experiencing three consecutive quarterly earnings misses and an 18% year-to-date decline. Chhugani's thesis is anchored on Coinbase's structural high-margin revenue growth beyond retail trading fees, an ongoing crypto liquidity supercycle driven by spot Bitcoin and Ethereum ETF flows, and regulatory clarity that could shift trading volume to compliant US platforms.
09:48
The analysis suggests that Wall Street has underestimated Qualcomm's growth potential in non-handset businesses, particularly the automotive sector, which saw revenue grow by 61% year-over-year. Furthermore, company CEO Cristiano Amon has set a target for non-handset revenue to reach $40 billion by fiscal year 2029, nearly double the target set in November 2024. Additionally, the data center business is projected to grow from $5 billion in fiscal year 2027 to $15 billion in fiscal year 2029. Although Qualcomm's handset revenue for the third fiscal quarter decreased by 20% year-over-year, automotive revenue increased by 61% to $1.588 billion, and total revenue of $9.947 billion exceeded expectations by 2.84%.
09:48
SpaceX stock fell 3% to $133.48, AST SpaceMobile dropped 3% to $66.85, and Rocket Lab declined 2% to $71.22. This followed President Donald Trump signing a memorandum last Thursday, directing federal agencies to achieve at least 1,000 launches and reentries annually by 2030, significantly higher than last year's 178. However, market optimism for this policy was outweighed by concerns about execution risks, with the 2030 target deemed too distant to serve as a near-term catalyst.
09:47
Officials also expect the monsoon to begin retreating earlier than usual next month. A weaker rainy season could weigh on crop production and potentially increase food-price pressures in the world’s most populous country.
09:45
Chinese electric vehicle (EV) maker Xpeng announced on Monday that its robotics subsidiary, Dogotix, secured US$900 million in funding from investors including Alibaba Group Holding and IDG Capital. This financing round values Dogotix at US$6.3 billion and marks the biggest single private-equity deal involving a Chinese robotics maker.

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