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8/31
06:53
The video game retailer anticipates net income of $290 million to $310 million for the 13 weeks ending August 1, up from $168.6 million in the prior year's second quarter.
06:52
Chinese majors Tianqi Lithium Corp. and Ganfeng Lithium Group reported their biggest profits in three years for the first six months of 2026. U.S. Albemarle stated global lithium demand rose 45% year over year through May, largely due to robust battery storage demand. Some miners are planning production ramp-ups and capacity expansion, with Tianqi Lithium officials suggesting further upside potential for lithium prices.
06:51
The DXY dollar index fell 0.2% to 99.525, while the two-year Treasury yield dropped 2.3 basis points to 4.325% and the 10-year yield fell 1 basis point to 4.710%. This comes after Federal Reserve Chairman Kevin Warsh warned about inflation risks on Friday, which had led to initial gains. Investors are now awaiting U.S. jobs data on Friday and inflation data next week, with some analysts cautioning that a September rate hike is not yet a certainty.
06:50
Teva Pharmaceuticals International has offered to acquire neuroscience assets from BioXcel Therapeutics for a total deal value of up to $125 million. This agreement is part of BioXcel Therapeutics' voluntary Chapter 11 bankruptcy proceedings, initiating a court-supervised sale of its main assets. Teva would obtain worldwide rights to Igalmi (dexmedetomidine) sublingual film and the investigational BXCL501, which is currently under FDA review for potential at-home use in treating acute agitation.
06:50
U.S. government bond yields and the dollar fell, reversing some of Friday's gains, after Federal Reserve Chairman Warsh warned of inflation risks. Meanwhile, the Eurozone's 10-year German government bond yield rose to a 15-year high of 3.290%, and Brent crude oil climbed 1.3% to $90.49 per barrel after U.S. Central Command stated that U.S. forces attacked two Iranian rocket launchers in the Strait of Hormuz on Sunday, escalating regional conflict risks.
06:45
Bitcoin is holding around the $78,000 level, showing resilience even as the first U.S. strikes against Iran in weeks sent oil prices higher and stocks lower. The cryptocurrency has gained over 24% in August, marking its best monthly performance since November 2024. Brent crude jumped above $90 per barrel following the strikes, adding to inflation concerns after Fed Chair Kevin Warsh's hawkish Jackson Hole speech lifted the probability of a September rate increase to 58%.
06:35
Bank of America states that rising commodity costs and limited pricing power are increasing margin pressure on consumer staples companies. Oil, diesel, and agricultural prices have surged amid geopolitical and trade disruptions, with cocoa jumping 102% in three months. BofA identifies Conagra, Campbell’s, Pilgrim’s Pride, and General Mills among the companies most exposed to cost inflation.
06:35
Accenture, Capgemini and the Big Four consulting firms are under pressure as their clients increasingly demand cost reductions, leading to potential confrontations.
06:34
Warren Buffett, CEO of Berkshire Hathaway, noted in an interview earlier this year that there is a "casino" mentality in the current market, and that short-term risk-taking is not investing but gambling. He emphasized that during market booms, many stocks may be overvalued, and there may even be speculation lacking substantial support, similar to the dot-com bubble era. Currently, the S&P 500 Shiller CAPE Ratio, which measures market valuation, has once again surpassed 40, reaching its second-highest level in history, trailing only the peak of 44 points before the dot-com bubble burst in 1999, and far exceeding the average of 17 since 1871. Buffett advises investors to ensure they only invest in healthy stocks with strong fundamentals to prepare for potential market pullbacks.
06:34
Google's move aims to help studios facing cost pressures apply AI in film and television production, while preventing unauthorized use of intellectual property. Previously, Google invested $75 million in A24 in June as part of a strategic collaboration on AI tools. Studios such as Disney have sued AI companies for copyright infringement, and Disney has also sent cease and desist letters to Google.
06:25
Bernstein notes Meta captured nearly half of every incremental digital ad dollar in Q2. The firm believes AI is accelerating ad growth by improving recommendations, targeting, measurement, and conversions, with Meta, Google, and Amazon among the biggest beneficiaries.
06:23
Iranian Foreign Minister Abbas Araghchi called Israeli Prime Minister Benjamin Netanyahu a “serpent,” accusing him of manipulating Washington into joining the war against Iran. Araghchi cited Netanyahu’s Hebrew-language remarks about influencing the U.S., where Netanyahu previously stated it took him “a long time” to persuade Washington to join Israel in the conflict.
06:23
Private equity activity in the construction and engineering sector reached a record 529 deals in the second quarter of 2026, marking a 56.5% increase from a year earlier. This surge is primarily fueled by the boom in AI data center development. Data center construction spending alone rose 46% year-on-year in June, while private nonresidential spending excluding data centers fell 7.9%. Specialty trades vital for data center infrastructure, such as HVAC and electrical contractors, are also seeing record PE deal volumes in the first half of 2026.
06:16
Spanish Prime Minister Pedro Sanchez said on Monday that Russia and Israel spread and amplified disinformation during last month's mass influx of migrants into Ceuta. Citing research from the European External Action Service (EEAS), he stated that both countries used the crisis to criticize the Spanish government, linking it to Madrid's differing positions on the wars in Ukraine and the Middle East. Ceuta is a Spanish enclave in North Africa, where tens of thousands of migrants poured in from Morocco late last month, triggering a Europe-wide migration alert.
06:08
From 2017 to 2025, Micron's stock has averaged a 4.1% gain in September, though this is heavily influenced by a 40% return in 2025, with five of nine Septembers showing negative returns. However, October, November, and December have historically averaged gains of 5.3%, 7.8%, and 2.9% respectively. The company is also focusing on long-term strategic customer agreements to counter cyclicality, having signed 16 such agreements and expecting $22 billion in financial commitments and cash deposits.
06:07
Bernstein analyst Gautam Chhugani and his team recommend buying Bitcoin as a hedge against potential U.S. currency debasement, driven by soaring U.S. debt and long-term bond yields. Chhugani believes governments may prefer debasement over fiscal discipline to manage debt. In an "accelerated bull case" scenario, Bitcoin could peak at $500,000 by 2029 before reaching $1 million by 2033. Even in a base case, the analyst projects Bitcoin to reach $300,000 by 2029 and $1 million by 2033.
06:05
Sources indicate that the South Korean government has rejected accusations from the U.S. Congress regarding discrimination against American e-commerce giant Coupang, leading to strained relations between the two countries. A report by U.S. House Republicans accused the South Korean government of launching an "unprecedented assault" on Coupang following a data breach incident, including threats of criminal charges and record-breaking privacy fines. Last week, U.S. Senator Bernie Moreno sent a letter to the U.S. Trade Representative, calling for a formal investigation into South Korea and potential additional tariffs. Previously, Coupang investors had also petitioned for a Section 301 investigation. Officials noted that if the dispute continues, the U.S. might take retaliatory measures against South Korea, including additional tariffs.
06:01
Vanguard's "How America Saves 2026" report revealed that while the average 401(k) balance across its defined contribution plans hit $167,970 in 2025, this figure is skewed by a small number of large accounts. The median balance, which more accurately reflects most savers' situations, was significantly lower at $44,115. Vanguard analysts noted that the average balance is indicative of participants at about the 75th percentile, meaning roughly three out of four participants have less than the widely quoted average. Additionally, the personal savings rate in the second quarter of 2026 slipped to 2.8% from 6.2% in early 2024, indicating households are spending down savings rather than adding to them.

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