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8/25
12:35
Crypto-related stocks rise, with CleanSpark and BitMine jumping 7% and 4% respectively.
Cryptocurrency-related stocks rose on Tuesday, with miner CleanSpark (CLSK) jumping 7% and BitMine (BMNR) up 4%. During the same period, Bitcoin prices were around $79,377.30, up 0.4%. BitMine previously announced on August 24 that its Ethereum holdings reached 5.85 million, with total cryptocurrency and cash holdings of $14.9 billion. Its chairman, Tom Lee, stated that the company is on track to achieve its goal of holding 5% of all Ethereum by year-end, which is expected to generate approximately $330 million in staking revenue annually.
12:35
GF Securities Forecast: Google TPU Shipments May Increase to 8.84 Million Units by 2027, More Than Double the 2024 Figure
GF Securities Brokerage's latest forecast indicates that Google's Tensor Processing Unit (TPU) shipments are expected to increase from 2.76 million units in 2024 to 8.84 million units in 2027, a growth of approximately 3.2 times. This growth is primarily driven by the introduction of new generation chips, such as v7 Ghostfish, v8AX Sunfish/Hellcat, and v8x Zebrafish/Maddog, which are designed to offer improved energy efficiency and enhanced training and inference capabilities. To support this expansion, Google's capital expenditure reached $44.9 billion in Q2 2026, a year-over-year increase of 100.14%, with full-year capital expenditure projected to be between $175 billion and $185 billion. The company has raised approximately $70 billion through equity and debt issuance, leading to an increase in long-term debt from $46.5 billion to $98.2 billion, and has paused its stock repurchase program. Google Cloud's backlog orders have reached $514 billion, and the Gemini model processes 22 billion API tokens per minute, demonstrating strong demand for custom chips.
12:35
Australian government tightens working holiday visas in response to immigration backlash and housing shortage
The move has angered farmers and other businesses heavily reliant on seasonal labor, as soaring housing prices have fueled support for anti-immigrant parties.
12:34
Japan's Daikin Industries plans to build an additional data center cooling system factory in Mexico to meet AI infrastructure demand from Europe, India, and other regions.
12:29
Marvell Technology (MRVL) shares jump 5.7% as Rosenblatt and Susquehanna hike price targets to $300 and $265 respectively
Rosenblatt raised its target to $300 from $240, citing expectations for Marvell to report "another beat-and-raise" quarter for Q2 2027. Susquehanna increased its target to $265 from $230, anticipating sustained momentum from AI networking growth.
12:29
Amer Sports Q2 Revenue Jumps Over 30%, Driven by Strong Growth Across All Segments
Amer Sports announced its second quarter 2026 earnings, reporting over 30% revenue growth and strong operating margin expansion. All segments, geographies, and channels achieved robust double-digit growth, with Arc'teryx and Salomon Softgoods leading the performance. CEO James Zheng highlighted the continued global momentum and significant growth potential across its primary growth engines.
12:29
Boston Scientific (BSX) stock tests historical support, lowers 2026 adjusted EPS guidance to $3.28-$3.32 due to WATCHMAN device market slowdown
Boston Scientific (BSX) stock is currently trading around $49.01, retreating to its historical price range of $46.56 to $51.46, a range previously defended by buyers six times. However, management has lowered its adjusted earnings per share (EPS) guidance for fiscal year 2026 to $3.28-$3.32, primarily due to an unexpected sharp slowdown in its WATCHMAN heart device in the U.S. market and increased competition in its electrophysiology (EP) business. The company anticipates limited adjusted EPS growth in 2027, hoping for a rebound driven by new products in 2028.
12:27
LayerZero unveils ATLAS trading infrastructure for crypto and tokenized markets; ZRO token surges over 30%
LayerZero, a blockchain infrastructure firm, has launched ATLAS (Aggregated Trading Liquidity and Settlement), a new trading infrastructure built on its Zero blockchain. This system aims to serve as a backend for exchanges and platforms offering crypto and tokenized assets, combining trade matching, clearing, settlement, and risk management. The initiative is backed by Citadel Securities, with DTCC and ICE exploring institutional market applications. Following the announcement, LayerZero's native ZRO token surged more than 30% from around $1 earlier in the session. ATLAS will not have its own trading app but allows venues to plug into its infrastructure, with configurations for both open crypto trading apps and institutional financial firms. The ZRO token will be linked to trading activity, with venues staking it for fee rebates and 75% of remaining fees used for ZRO buybacks and burns.
12:24
Foot Locker shares plunge after warning nervous consumers are cutting spending
12:23
Gold miner Gold Fields (GFI) saw its first-half production increase by 12% to 1.267 million ounces, with adjusted free cash flow doubling to $2.225 billion.
Gold Fields announced its first-half results for the period ended June 30, 2026, with attributable production increasing by 12% year-on-year to 1.267 million ounces, and adjusted free cash flow doubling to $2.225 billion, driven by a 51% increase in the average realized gold price to $4,678 per ounce. The company also raised its full-year production guidance for the Salares Norte mine to 550,000 to 600,000 gold equivalent ounces. Additionally, the company announced an additional $500 million for its shareholder return program, bringing total distributions since November 2025 to $1.25 billion. However, environmental approval delays for the Windfall project may push its timeline to late 2029 or beyond, and there is uncertainty regarding the renewal of the Tarkwa lease.
12:23
Air T Shareholders Approve Board Members, Executive Compensation, and Deloitte as Independent Auditor for Fiscal Year 2027
At Air T, Inc.'s 2026 Annual Meeting of Stockholders held on August 25, stockholders approved all proposals, including the election of five directors, an advisory vote on executive compensation, and the appointment of Deloitte & Touche as the company's independent registered public accounting firm for fiscal year 2027. At the meeting, 2,483,550 shares of common stock (representing 92.1% of the outstanding common stock) were represented.
12:19
Analysis indicates Newmont (NEM) faces a dual challenge of rising gold prices and increasing costs, with costs potentially diluting profits from higher gold prices.
Newmont achieved an average gold price of $4,414 per ounce in the second quarter, but attributable gold production decreased year-over-year. Nevertheless, the company boasts $2.2 billion in free cash flow and $4.3 billion remaining on its share repurchase authorization, providing flexibility to return capital to shareholders during periods of high gold prices. However, second-quarter gold by-product cash costs (CAS) increased 93% quarter-over-quarter to $1,043/ounce, and all-in sustaining costs (AISC) rose 58% to $1,621/ounce, primarily due to higher royalties in Ghana, increased diesel costs, and operational pressures at the Cadia mine. Newmont anticipates a quarter-over-quarter increase of approximately $150 million in sustaining capital expenditures for the third quarter. The company estimates that every $100/ounce increase in gold prices impacts pre-tax revenue and costs by approximately $505 million; every $10/barrel change in Brent crude oil prices impacts pre-tax costs by approximately $60 million. As of the end of Q1 2026, the number of hedge funds holding positions in Newmont increased to 82.
12:19
Kenya Airways to Unveil Strategic Investor Stake Sale Plan in Weeks
Kenya Airways Plc said it’s weeks away from unveiling a proposal to sell a stake to a strategic investor, almost a decade after the flag carrier first embarked on the plan.
12:19
Robinhood Rises 7%, Webull 4% After Webull CEO Says Retail Crypto Orders Surged 300%
Webull CEO Anthony Denier told CNBC that buy orders for major cryptocurrencies from retail investors have surged by nearly 300% since the Pattern Day Trader (PDT) rule was abolished on June 4. The rule previously required a minimum equity of $25,000 for accounts making four or more day trades within five trading days, while Webull's average account held only about $5,500, thus its repeal unlocked a large number of users. Denier directly linked this change to Webull's revenue growth, with the company's Q2 revenue reaching $199 million, up from $160 million in Q1. Although Bitcoin prices have only risen by 0.4% in the past 24 hours, Robinhood and Webull's stock prices still increased by 7% and 4% respectively, reflecting how brokers benefit from trading volume rather than the price fluctuations of the underlying crypto assets.
12:19
Tripadvisor CEO Sells 5,200 Company Shares to Cover Tax Requirements for Option Exercise
According to a Form 4 filing with the U.S. Securities and Exchange Commission (SEC), Almir Ambeskovic, CEO of TheFork, a subsidiary of Tripadvisor (NASDAQ:TRIP), sold 5,200 shares of company stock on August 14. This transaction was not a discretionary judgment on the company's prospects but was executed to satisfy tax withholding requirements arising from the exercise of stock options. Following the transaction, Ambeskovic continues to directly hold 38,456 shares of common stock and holds 47,158 derivative securities, including vested and unvested option awards. Over the past year, Tripadvisor's stock price has fallen by 42%.
12:18
The Motley Fool advises investors against market timing when S&P 500 nears record highs, advocating for long-term holding
The Motley Fool's analysis suggests that while the S&P 500 is close to its record high, leading to investor hesitation, historical data indicates stocks tend to continue rising even after reaching new peaks. Citing a 2024 DALBAR study, the article highlights that average investors often underperform the S&P 500 (9.9% average annual gains vs. 5.5% for typical equity investors over 20 years) due to attempts at market timing. The smartest strategy, therefore, is to avoid timing the market and instead focus on buying and holding stocks based on their fundamental value.
12:18
Vanguard's S&P 500 ETF (VOO) attracted $4.3 billion in inflows over the past five trading days, despite the S&P 500 falling 0.92% during the period.
This inflow extends a pattern of investors buying the dip throughout 2026, with VOO having pulled in approximately $69 billion in net inflows this year, making it the world's top-performing ETF by inflows. Upcoming catalysts for VOO include Nvidia's Q2 FY27 earnings report today (Aug. 26), where it holds the largest individual position at 7.55%, and Apple's CEO transition on Sept. 1, where it is the second-largest holding at 7.05%.
12:17
SpaceX to build new Starship launch site in Southern Louisiana, company says at Louisiana event
12:14
Ultragenyx (RARE) gene therapy Genglycos approved by FDA for treatment of Glycogen Storage Disease Type Ia, shares up 7.5% after hours.
The one-time gene therapy is the first approved therapy designed to address the underlying cause of Glycogen Storage Disease Type Ia (GSDIa), with a list price in the United States of approximately $2.7 million per patient. Ultragenyx estimates that approximately 1,500 to 2,500 patients in the U.S. are affected by GSDIa. The therapy is expected to be available through qualified treatment centers within 30 to 60 days. In the Phase III clinical trial, Genglycos significantly reduced patients' daily cornstarch intake while maintaining glycemic control.
12:11
Sweden's military has asked the government to requisition properties owned by Russians near a naval base to counter the threat of Russian drones.
The Swedish military stated that the property, located near the Muskö naval base in the Stockholm archipelago, offers unique conditions for strengthening the base's defenses, particularly against drone threats. The military indicated that the development of Russian drone tactics has altered Sweden's security landscape, with Defense Minister Pål Jonson emphasizing the need to ensure that no one can gain a visual or tactical advantage from the location. The registered owner of the property is reportedly the wife of a businessman who holds both Russian and Swedish citizenship.
12:10
Musk retweeted a SpaceX post, stating that the Falcon 9 rocket launched 29 Starlink satellites from Florida.
12:06
DGrid AI token (DGAI) jumps 93% after launch as decentralized AI network goes live
12:05
Galaxy expands retail crypto lending with new BTC, ETH and SOL-backed credit line
The crypto-backed portfolio line of credit allows eligible GalaxyOne clients to borrow cash against their BTC, ETH, and SOL holdings without selling them.
12:05
The UN expects the African economy to grow by 4.0% in 2026.
12:05
India's Exports Face Little Risk From Tougher US Sanctions on Iran
Stricter US sanctions on Iran are unlikely to significantly impact India's exports, as the bilateral trade between the two nations is primarily limited to pharmaceuticals and agricultural commodities, with basmati rice being a key item.
12:03
U.S. Cash Home Sales Share Falls to 26% in July, Down from 31% Last Year, as Market Cools
The share of all-cash home sales in the U.S. housing market declined to 26% in July, down from 31% in July 2025, according to the National Association of Realtors. For the first four months of this year, cash sales accounted for 31.4% of the market, a decrease from 32.3% in the same period a year ago. This trend reflects weakening competition, increased housing supply, and moderating prices, which are empowering buyers using mortgages. While total home sales fell 8.5% year-over-year during the first four months, cash sales dropped even faster by 11.2%.
12:03
MARA Holdings is up 7.02% today, currently trading at $11.965.
12:02
Venture capitalist Chamath Palihapitiya warns of three "killers" facing the AI boom, with Anthropic's $2 trillion IPO potentially bearing the brunt.
Venture capitalist Chamath Palihapitiya points out that AI infrastructure financing is facing three major pressures: First, political backlash, with Texas, Pennsylvania, and New York recently pausing or prohibiting new data center projects. Second, soaring government bond yields, as Treasury Secretary Scott Bessent has announced plans to at least double the size of long-term bond buyback operations starting in September to counter competition from AI-related corporate bond issuances. Third, the fragility of "frontier labs," where companies like Anthropic lack investment-grade ratings, rely excessively on venture capital and hyperscalers, and face greater risks when financing costs rise and political sentiment cools. Anthropic plans a $2 trillion IPO in October but is currently a private company, unrated, and its computing power relies on Amazon and Google.
12:01
Concentrated signals of diplomatic de-escalation are emerging from the Middle East, with Brent crude falling below $90 on Tuesday, and the US reportedly planning to send diplomats back to its Middle East embassies.
Pakistan's Chief of Army Staff Munir and Interior Minister Naqvi concluded their visit to Iran, where both sides focused on discussing measures to prevent further escalation, reopen the Strait of Hormuz, and accelerate an end to the conflict. Iran, through Pakistan, clearly conveyed its position and negotiation conditions regarding the Strait of Hormuz to the U.S., including the U.S. adhering to the Islamabad Memorandum of Understanding and lifting relevant sanctions. Meanwhile, the U.S. State Department is preparing to redeploy diplomatic personnel, previously evacuated due to U.S.-Iran conflict, back to multiple Middle Eastern embassies, with arrangements possibly starting as early as this week. These diplomatic de-escalation signals collectively lowered market expectations for a full-scale military conflict between the U.S. and Iran, leading to a rapid消化 of the geopolitical premium previously accumulated by crude oil. Brent crude fell below $90 per barrel on Tuesday, dropping over 3%; WTI crude simultaneously declined to around $82.50, reaching a new low for nearly a week.
11:59
Anthropic is expected to inform investors that its total addressable market exceeds $30 trillion.
Artificial intelligence company Anthropic is expected to tell investors that its total addressable market (TAM) exceeds $30 trillion. Previously, SpaceX had identified a TAM of $28.5 trillion, calling it the "largest actionable market" in history.

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