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8/25
10:18
Airbnb (ABNB) and Expedia (EXPE) stocks trend higher, with Airbnb trading at $190.23, outperforming despite broader tech market volatility.
10:17
Lithium Argentina signs definitive agreement with Ganfeng Lithium to form a joint venture to integrate lithium projects, with Ganfeng Lithium investing $180 million for a 67% stake.
Lithium Argentina has signed a definitive agreement with Ganfeng Lithium to form a joint venture to integrate their lithium projects. Ganfeng Lithium will invest US$180 million and hold a 67% stake. The joint venture will integrate the Pozuelos-Pastos Grandes lithium project in Salta Province, Argentina, targeting an annual production of 150,000 tonnes of lithium carbonate equivalent. Lithium Argentina will use this investment and existing cash to fully repay its US$259 million convertible debt due in January 2027.
10:17
Mizuho Upgrades Canadian Solar (CSIQ) to "Neutral," Sets Price Target at $19
Mizuho upgraded Canadian Solar from Underperform to Neutral with a $19 price target. The bank no longer views the "Prohibited Foreign Entity" status as a structural threat to the company and expects it to qualify for the 45X manufacturing tax credit. Canadian Solar's battery energy storage business has expanded its gross margin to 21%, and management expects shipments to reach 14-17 GWh by 2026. The company will report its second-quarter earnings on August 27, at which point its ability to formally lift the "Prohibited Foreign Entity" designation and maintain energy storage business margins will be key to the stock reaching $19.
10:17
Goldman Sachs, Citi, JPMorgan Face Subpoenas Over AI Hedge Fund: Reports
10:16
Veteran investor Andrew Sather refuses to buy into SpaceX's IPO, instead recommending three profitable publicly traded aerospace stocks: Northrop Grumman, Lockheed Martin, and L3Harris Technologies.
Andrew Sather, co-host of the podcast "Investing for Beginners," stated that he declined to purchase SpaceX's IPO, citing his discipline of not buying IPOs and concerns that approximately 911 million insider shares could become available after the lock-up period, tripling the public float. He placed SpaceX at the bottom of his investment options. Sather recommended three publicly traded companies with profitable space businesses: Northrop Grumman (NYSE:NOC), Lockheed Martin (NYSE:LMT), and L3Harris Technologies (NYSE:LHX). Northrop Grumman's space systems revenue for Q2 2026 was $2.753 billion, up 4% year-over-year; Lockheed Martin's space revenue for the same period was $3.496 billion, up 6% year-over-year; and L3Harris Technologies' space and mission systems revenue was approximately $3 billion, up 7% year-over-year.
10:16
VIX curve shows "bulge" as traders prepare for increased volatility around November US midterm elections
Bloomberg Markets reports that the VIX curve shows a "bulge," indicating that stock market traders are preparing for a potential increase in volatility around the November US midterm elections. Although NVIDIA's upcoming earnings report and the speech by Federal Reserve Chairman Kevin Warsh at Jackson Hole are the main events for investors this week, the derivatives market has already priced in concerns about the midterm elections.
10:15
Laopugold's net profit in the first half of the year was 4.317 billion yuan, a year-on-year increase of 83.6%. The net profit margin rose to 21.5%, and operating cash flow turned positive for the first time in three years.
Laopohuangjin today released its H1 2026 performance, achieving sales revenue of RMB 22.779 billion and income of RMB 19.808 billion, representing year-on-year increases of 60.6% and 60.3% respectively. The improvement in the company's profit margin is mainly attributed to low-cost inventory, product price increases, and economies of scale. In addition, net operating cash inflow for the first half of the year was RMB 2.008 billion, reversing the continuous net outflow from 2023 to 2025, which was better than market expectations. As of the end of June, the company owned 45 self-operated stores, with overseas revenue increasing by 107.8% year-on-year to RMB 3.317 billion, and approximately 730,000 loyalty members.
10:15
Boston Fed President Collins says it's appropriate to raise interest rates "soon" absent evidence of sustained disinflation
10:13
The Donald Trump administration plans to cancel non-immigrant visas for asylum seekers, potentially affecting up to 200,000 people.
Experts say the move could become the largest single visa revocation in U.S. history. The U.S. State Department will revoke B-1 and B-2 business or tourist visas issued between 2016 and 2026 for holders who have previously applied for or are currently seeking asylum in the United States. State Department spokesperson Tommy Pigott said on Monday that the measure is aimed at combating foreigners who "claim to be short-term visitors but then apply for asylum to stay in the U.S. permanently." The move is part of the Donald Trump administration's broader immigration crackdown, and while legal experts note that revoking a visa does not equate to terminating an asylum application, the policy is intended to act as a deterrent.
10:13
CBS reporter on X: CIA Director John Ratcliffe traveled to Russia
10:13
Financial Times analysis suggests Trump's 'economic D-day' unlikely to force Iran's capitulation, citing past failures
The Financial Times analyzes whether former President Trump's proposed 'economic D-day' strategy could compel Iran to make concessions. The analysis notes that Tehran did not yield to 'maximum pressure' sanctions eight years ago, and few observers expect a different outcome this time.
10:11
AlibabaAI Cloud Business Revenue Grows 45%, Pledges RMB 380 Billion Investment to Accelerate Transformation
Alibaba's Q1 FY2027 (ending June 30) earnings report shows that its AI cloud and computing services revenue increased by 45% year-over-year to RMB 48.4 billion (approximately $7.1 billion), with adjusted EBITA growing by 133% year-over-year to RMB 5.6 billion ($830 million). The company is accelerating its AI transformation, with capital expenditures surging by 75% to RMB 67.7 billion in the latest quarter, and a commitment to invest RMB 380 billion ($56.5 billion) in AI and cloud infrastructure by 2029. Management expects this investment to break even within approximately three years.
10:09
Arcus launches tokenized perpetual positions on Robinhood Chain
Arcus introduced transferable ERC-20 tokens for perpetual positions and allows tokenized stocks to back leveraged trades without requiring users to sell their holdings.
10:09
Apollo, IFM and KKR Reportedly Finalists for Majority Stake in UK's Biggest Port Operator AB Ports
Apollo Global Management, IFM Investors and KKR & Co. have reportedly reached the final round of bidding for a majority stake in Associated British Ports, the UK’s biggest port operator.
10:07
White House Says No Iran Talks Underway Or Scheduled
10:07
Lookonchain: Bitcoin ETFs See Net Inflow of $336.07M on Aug 25, Ethereum ETFs Net Inflow $109.6M
10:06
Trump: US lost $60 billion annually to Canada in trade over last decade, 'No more!'
Former President Donald Trump stated on Truth Social that the United States has, on average, lost $60 billion a year in trade with Canada over the past 10 years, adding "No more!"
10:06
Adnoc Extends $2.7 Billion Ship-Buying Spree with Two More LNG Carriers to Boost UAE Energy Exports
10:05
Wall Street Analysts: Micron Technology and Broadcom Shares Could Rise 66% and 46% Respectively
According to Yahoo Finance, Wall Street analysts believe that Micron Technology (MU) and Broadcom (AVGO) still have significant upside potential as major beneficiaries of the artificial intelligence (AI) revolution. Analysts have an average price target of $1,515.11 for Micron Technology, implying a potential upside of approximately 66% from current levels; for Broadcom, the average price target is $526.30, projecting a nearly 46% increase within the next year.
10:05
Coca-Cola (KO) stock surges 33% year-to-date, significantly outperforming PepsiCo's (PEP) 3% gain, driven by raised full-year guidance versus PepsiCo's Q2 volume shortfall.
Coca-Cola's asset-light model also contributes to its 34.9% operating margin, more than double PepsiCo's 14.4%. However, PepsiCo's 3.87% dividend yield continues to attract income investors.
10:05
OpenAI claims its new chips can outperform NVIDIA processors in tests
10:03
Boston Fed President Collins: Inflation is Still Too High, Concerned About the Price Stability Part of the Fed's Mandate
10:03
U.S. new home sales plunged 10.5% month-over-month in July, with the median sale price down 0.9% year-over-year.
U.S. July new single-family home sales annualized fell to 607,000 units, lower than the expected 620,000 units. Market supply sharply increased from 8.5 months in June to 9.6 months, and the number of homes for sale also rose from 479,000 units to 488,000 units, indicating weak demand and rising inventory.
10:02
Broadcom's AI orders exceed $30 billion, Micron Technology locks in approximately $100 billion in memory revenue through five-year agreement
Broadcom's AI semiconductor orders exceeded $30 billion in the second fiscal quarter, with AI semiconductor revenue growing 143% year-over-year to $10.8 billion. The company expects AI chip revenue to grow over 200% year-over-year to $16 billion in the third fiscal quarter. Micron Technology, on the other hand, secured approximately $100 billion in contracted memory revenue through a five-year "take-or-pay" agreement and received $22 billion in cash deposits and letters of credit. Micron Technology's third fiscal quarter revenue reached $41.5 billion, with a gross margin of 84.9%, and DRAM prices increased by approximately 60% quarter-over-quarter.
10:01
The Conference Board: US August Consumer Confidence Index reported at 89.4, lower than the expected 90.1
10:01
Cerebras Systems and NVIDIA announced their latest financial reports. Cerebras' core revenue grew by 103% to $210 million, while NVIDIA's Q1 revenue was $81.61 billion.
Two companies recently released their financial reports, showcasing different visions for AI computing. NVIDIA (NASDAQ: NVDA) reported Q1 FY2027 revenue of $81.61 billion, with data center revenue reaching $75.246 billion, a 92% year-over-year increase, and networking business growing by 199%. NVIDIA expects Q2 FY2027 revenue to be $91 billion, plus or minus 2%. Cerebras Systems (NASDAQ: CBRS), after its IPO, achieved core revenue of $209.87 million, a 103% year-over-year increase, but GAAP revenue was $180.11 million, slightly below market expectations by 6.95%. The company's backlog (remaining performance obligations) reached $25.4 billion, and it raised its core revenue guidance for FY2026 to $880 million to $890 million, with plans to triple revenue in 2027.
09:56
Notice on Temporary Suspension of ZetaChain (ZETA) Deposits and Withdrawals on Upbit
09:56
South African rand strengthens to six-month high against dollar, bonds gain after strong demand at government bond auction
09:53
Crypto custody firm Copper has potential buyers, but offers are way below its $500 million asking price
Crypto custody firm Copper has potential buyers, but offers are reportedly way below its $500 million asking price. The company was once valued at $2.5 billion and was marketed by investment bank Cantor Fitzgerald at around $500 million in May this year.
09:53
iCapital Strategist Dan Suzuki: U.S. Treasury's efforts to lower yields are insufficient; the Federal Reserve will eventually raise interest rates.

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