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8/26
08:21
Hossein Mohbi, spokesperson for Iran's Islamic Revolutionary Guard Corps, stated on the 26th that Iran and Oman have reached an agreement on issues such as the distribution of revenues from the Strait of Hormuz. Earlier, on the 25th, Iranian Deputy Foreign Minister Gharibabadi revealed that the two countries had reached a new understanding regarding shipping routes in the Strait of Hormuz. Routes entering the Persian Gulf will pass through Iranian waters, while routes leaving the Persian Gulf will pass through Omani and Iranian waters. Furthermore, only merchant vessels will be allowed to pass, with no military vessels permitted. This transit arrangement is a temporary measure, and the two countries will negotiate to establish permanent routes within 30 to 60 days. Boosted by this news, Brent crude futures fell to $85 per barrel in early trading on Wednesday, with a cumulative weekly decline of over 9%; West Texas Intermediate crude was trading near $80 per barrel. Satellite images show a significant acceleration in loading activities at Iraq's Persian Gulf export terminals, and multiple oil producers are also expediting ship-to-ship crude oil transfers in the Gulf of Oman. The market is gradually digesting the expectation of easing tensions in Hormuz.
08:20
MongoDB (MDB) stock has risen over 14% since July 1st, with a 32.46% gain in the past month. The company reported Q1 FY2027 earnings per share of $1.32 and revenue of $687.62 million, both exceeding market expectations. Currently, 31 out of 40 analysts covering the stock rate it a "buy" or "strong buy," with a consensus price target of $441.75, representing over 8% upside potential from Tuesday's closing price of $410.24. MongoDB's Atlas cloud platform grew 29% year-over-year, accounting for approximately 79% of subscription revenue, and the company is integrating AI capabilities (such as Voyage AI embedding models and vector search tools) into the platform. Furthermore, free cash flow for FY2026 increased by 308.36% year-over-year to $492.65 million, and non-GAAP operating margin expanded to 23%.
08:20
An analysis suggests that to replace the median U.S. household income of $80,610 (2023 figure) solely with dividends, investors would need to deploy approximately $2 million to $2.3 million into a portfolio yielding a conservative 3.5% to 4%. While ultra-high-yield strategies (e.g., 10%) could reduce the required capital to around $806,000, they carry a significantly higher risk of dividend cuts, which can instantly reduce income by over 18%, as seen with MFIC's payout reduction. The analysis also highlights the importance of tax considerations, as distributions from Business Development Companies (BDCs) and Real Estate Investment Trusts (REITs) are often taxed as ordinary income, potentially netting less after taxes than qualified dividends from other investments.
08:17
Iran and Oman announced discussions on establishing a "joint temporary shipping lane" in the Strait of Hormuz and agreed to clear mines from the strait, rekindling hopes for a breakthrough in the nearly six-month-long conflict. As a result, Brent crude futures fell for a third consecutive session on Wednesday, dropping nearly 3% to $85.95 per barrel, due to expectations of increased oil supply through the strait. Additionally, investors are awaiting US inflation data and NVIDIA's earnings report, with global equities showing slight gains and short-term bond yields moving lower. NVIDIA's stock has risen 14% this year, and options data suggests its post-earnings stock fluctuation may be less than usual, indicating increased earnings predictability.
08:16
Multiple institutions, including Barclays, BTIG, D.A. Davidson, Jefferies, JPMorgan Chase, and Wells Fargo, have lowered their price targets for DICK'S Sporting Goods (DKS). Among them, Barclays reduced its target from $280 to $150, BTIG from $300 to $180, and JPMorgan Chase from $245 to $188.
08:15
Kalshi traders see rising odds for Strait of Hormuz traffic returning to normal, with a 68% chance before Jan. 1, 2028, following Iran's claim of a revenue-sharing deal with Oman. Specifically, the odds are 50% before April 1, 2027, and 54% before July 1, 2027.
08:15
While the Bitcoin rebound has brought some relief to Strategy, the renewed threat of delisting by index provider MSCI could pose new financing challenges for the company.
08:05
Dick's Sporting Goods (DKS) reported Q2 adjusted EPS of $3.53, missing estimates of $3.76, and slashed its full-year EPS outlook from $13.27-$14.27 to $10.94-$11.94. Executive chairman Ed Stack noted a "footwear hangover" in the market, with lifestyle sneakers from brands like Nike (NKE) quickly falling out of favor. This has led to aggressive markdowns and pricing pressure across the industry, which analysts believe could signal more pain ahead for Nike, whose stock has already fallen 38% this year.
08:05
LayerZero announced on Tuesday the launch of ATLAS, an engine designed to serve as a transaction and settlement solution for exchanges, rather than competing with them. ATLAS has no standalone application or front-end interface; trading platforms can connect to the engine, eliminating the need to build their own matching, clearing, settlement, and risk systems. The ZRO token is deeply integrated with ATLAS. Platforms that stake ZRO can receive a fee rebate of 20% to 65%. Of the remaining fees after rebates, 75% will be used for ZRO buybacks and burn, and 25% will be allocated to market makers. This initiative aims to link the ZRO token to trading volume, driving its price upward. Previously, the LayerZero ecosystem experienced a loss of approximately $292 million due to an attack on the Kelp DAO bridge in April, leading to the withdrawal of protocols such as BitGo and Wyoming stablecoin, resulting in a total outflow of approximately $15 billion in funds.
08:05
CNBC's Jim Cramer stated on Tuesday that Nvidia is at the core of the AI ecosystem, making its earnings a crucial indicator for the entire AI sector. Nvidia is scheduled to report its second-quarter results after the closing bell on Wednesday, with analysts polled by FactSet forecasting $2.09 per share in earnings on revenue of $92.28 billion. Cramer noted that despite headwinds like competitive pressure and supply constraints, his confidence in the chipmaker remains unshaken. Investors are closely watching the results for insights into the direction of equities more broadly, especially as Nvidia's valuation has surpassed the $5 trillion threshold, making it the top constituent in the S&P 500.
08:04
Edmond de Rothschild has promoted Alain Krief to Global Chief Investment Officer (CIO) and appointed Charles Lilford as Co-Head of Equities and Senior Portfolio Manager for Big Data Strategies. Krief has over 30 years of experience in fixed income and credit, having led the firm's fixed income department since 2019. Lilford, who previously spent a decade on BlackRock's industry and thematic team, brings over 20 years of experience in asset management and capital markets and will assume his new role on September 28.
08:03
Taurus expects its first institutional clients to connect in days, with initial distributed ledger technology (DLT) transactions through its platforms anticipated within weeks.
08:02
Iran's army announced that all weapon systems damaged during the war with the US and Israel have been fully rebuilt. A military spokesperson added that Iran has also integrated new domestically produced and imported systems, significantly enhancing its combat capabilities. This claim contrasts with former President Trump’s assertion that US strikes had destroyed Iran’s military capabilities.
08:02
Hochschild Mining shares jumped 8.15% to 6.76 pounds after the miner reported soaring first-half earnings, driven by a 47% rise in average gold prices and a 130% increase in silver prices. The stock led the Europe-wide Stoxx 600 and trades at a three-month high.
08:02
U.S. stock index futures showed a subdued performance on Wednesday, as investors awaited the release of the U.S. July Personal Consumption Expenditures (PCE) price index and NVIDIA's second-quarter earnings report after market close. S&P 500 futures edged down 0.1%, Nasdaq 100 futures fell 0.2%, and Dow Jones Industrial Average futures rose 0.01%.

The PCE price index, the Federal Reserve's preferred measure of inflation, is due to be released at 8:30 AM ET. Economists expect the index to have risen 0.1% month-over-month and 3.6% year-over-year in July. Additionally, Brent crude oil prices fell more than 2% to $85.10 per barrel, with a cumulative decline of over 9% for the week.
08:02
Meta Platforms is in out-of-court settlement talks with attorneys general from 29 states regarding a lawsuit alleging the company intentionally designed Facebook and Instagram to be addictive for teenagers, Bloomberg reported. The lawsuit, now in its second week of trial, seeks financial penalties and court orders to change how Meta Platforms operates. Meta internally estimates that a loss could result in fines of up to approximately $1.4 trillion, close to its total market capitalization, while a settlement amount would likely be much lower. At the core of the case are allegations that Meta violated state consumer protection statutes and the federal Children's Online Privacy Protection Act.
08:02
Mark Zandi, chief economist at Moody's Analytics, stated in a recent podcast that the United States is facing an economic "reckoning day," with all necessary conditions forming. He pointed out that the US debt-to-GDP ratio surpassed 100% at the end of April for the first time since World War II; the annual budget deficit is as high as $2 trillion, and the national debt exceeded $40 trillion for the first time last week. Zandi believes that without an external shock, the US political system will struggle to resolve long-term fiscal issues, and a crisis triggered by high interest rates is almost inevitable. He mentioned that the 30-year US Treasury yield reached 5.17% on August 25, having touched its highest level since 2007 earlier this month at 5.3%. Hedge fund investor Stanley Druckenmiller also criticized the US Treasury's practice of repurchasing bonds to suppress interest rates as market manipulation.
08:01
The world's second-biggest investment firm is making a bigger push into financial advice by acquiring Altruist, a fintech platform founded in 2018. Altruist provides custodial and administrative services to independent financial advisers, competing with firms like Charles Schwab and Fidelity Investments.
08:01
Zoom Communications (ZM) reported second-quarter earnings and revenue that slightly beat consensus estimates, driven by better-than-expected enterprise sales. However, the company's October quarter revenue guidance fell slightly below Wall Street targets due to weakness in its consumer business, leading to a stock retreat on Wednesday.
08:01
According to the Financial Times, NatWest is seeking to rebuild its position in the US, marking its first notable expansion effort there since the financial crisis. This move is supported by recent changes to UK ringfencing rules on overseas banking activities.
08:00
Baird analyst Tristan Gerra raised his price target for NVIDIA competitor AMD from $625 to $1,250 in late July, implying a potential 164% upside from its August 21 closing price. Gerra believes AMD's Instinct GPUs are poised to challenge NVIDIA's data center market share. Meanwhile, Raymond James analyst Brian Gesuale predicts that Elon Musk's SpaceX stock could reach $800 by 2031, a 484% increase from its August 21 closing price, at which point its valuation would be approximately $10.5 trillion. Gesuale's forecast is based on SpaceX's enormous market potential in the AI sector, projecting its 2031 sales to reach $837 billion.
08:00
Hengtong Optic-Electric announced that its net profit attributable to shareholders of the listed company reached RMB 3.12 billion in the first half of 2026, a year-on-year increase of 93.38%; operating revenue was RMB 42.026 billion, a year-on-year increase of 31.13%. Net profit after deducting non-recurring gains and losses increased by 100.62% year-on-year, indicating that performance growth was primarily driven by core businesses. In addition, the company's semi-annual report shows that renowned investor Zhang Jianping newly became the company's fifth largest shareholder in the second quarter, holding a 1.40% stake.
08:00
Indian Defence Minister Rajnath Singh has approved the transfer of conventional missile system technology developed by the Defence Research and Development Organisation (DRDO) to Indian industry for domestic production. This move ends the monopoly of state-owned Bharat Dynamics Limited in missile production and aims to accelerate the transition of missiles from the R&D phase to mass production, increase domestic manufacturing capabilities, and reduce import dependence on countries like Russia and and Israel. The policy also seeks to strengthen the defence industrial base and create opportunities for Indian MSMEs and other technology partners to participate in the supply chain.
08:00
Boston Scientific disclosed on Wednesday that a cyber attack this week is affecting its operations, including access to company information systems and applications, as well as shipment services. The company stated in an SEC filing that while it is working to restore affected functions, the timeline for full restoration is not yet known. Shares of the medical device maker were down 3.5% in premarket trading on Wednesday following the disclosure.
08:00
Analysts at K33 and Bitwise believe that Bitcoin's recent rally, including a 23% gain over the past week—its strongest since November 2024—and a record $1.37 billion in short liquidations on August 19, indicates a potential broader bull-market reset. Bitwise CIO Matt Hougan highlighted Treasury Secretary Scott Bessent's recent announcement of an "economic onslaught" against Iran's global financial connections, alongside his push to increase Treasury buybacks of long-term bonds, as key macro catalysts. These developments underscore Bitcoin's role as a scarce asset and a globally transferable monetary asset outside traditional banking systems.
08:00
Optimism is primarily supported by strong corporate earnings, booming artificial intelligence investments, and the potential easing of tensions between the US and Iran. However, strategists warn that high valuations, rising leverage in the tech sector, Federal Reserve policy, and the US midterm elections could lead to market volatility.
07:47
Dallas Fed economists estimate that if tokenized deposits make depositors 10% more sensitive to interest rates, the ability of U.S. banks to hold long-term interest rate risk could be reduced by approximately $700 billion. Programmable deposits and AI agents could enable instantaneous, automatic bank switching in pursuit of higher yields, thereby increasing banks' funding costs and weakening deposit stickiness. This could force banks to pay higher rates to retain deposits or rely more on higher-cost term debt, which would "adversely impact the cost of credit for consumers and businesses."

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