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9/2
11:35
The Wall Street Journal analyzes that despite many governments appearing more fiscally prudent than the United States, aging populations and sluggish economic growth mean the global debt problem remains severe, a challenge that even the boost from artificial intelligence may not fully alleviate. The International Monetary Fund (IMF) projects Japan's budget deficit this year will be the smallest among the Group of Seven (G7) for the third consecutive year, at approximately 2% of its gross domestic product (GDP).
11:34
In its Q2 2026 investor letter, Artisan Global Opportunities Fund noted Taiwan Semiconductor Manufacturing Company Limited (TSM) as a significant contributor to its performance. The fund cited TSM's global leadership in advanced semiconductor manufacturing, strong pricing power supported by AI-driven demand, and its bottleneck position in the AI supply chain. The fund expects robust demand and earnings momentum, supported by recent results showing 41% revenue growth and 66% gross margins, along with a reasonable valuation for a long-term profit cycle. TSM shares gained 78.80% over the past 52 weeks, closing at $414.00 on September 1, 2026.
11:34
Lottomatica has agreed to absorb Spanish rival Cirsa in an all-share deal that values Cirsa at about €2.8 billion (roughly $3.2 billion). This transaction will create the world's second-largest listed gaming and sports-betting operator. Upon completion, current Lottomatica shareholders will own about 67.5% of the combined company, while Cirsa shareholders will hold around 32.5%. Blackstone, which controls Cirsa, is expected to own about 24% of the enlarged company, becoming the biggest individual shareholder. The deal is expected to close in the second quarter of 2027, subject to approvals. Following the announcement, Cirsa shares jumped sharply, while Lottomatica shares fell hard, as investors digested the Italian group's shift to a larger, more international, and land-based business.
11:23
Investment management firm Artisan Partners noted in its Q2 2026 "Artisan Global Opportunities Strategy" investor letter that semiconductor equipment company Lam Research (Nasdaq: LRCX) was one of the fund's top contributors during the quarter, accounting for 2.5% of the portfolio. Artisan Partners stated that Lam Research's performance exceeded market expectations, with profit margins remaining high, and anticipated sustained growth for the company. Given the growth in semiconductor capital expenditures, particularly in the memory sector, Artisan Partners raised its 2026 wafer fab equipment spending outlook to approximately $140 billion, representing a year-over-year increase of about 27%. However, due to the significant recent rise in Lam Research's stock price, its valuation has approached the upper end of the fund's target range, leading Artisan Partners to reduce some of its position to manage risk and position size.
11:13
Investment management firm Artisan Partners disclosed in its Q2 2026 investor letter that it has added Corning Incorporated (NYSE:GLW) as a new holding. The fund believes that as AI infrastructure spending expands, demand for optical connectivity in data centers will increase. Corning, as a leading supplier of specialty glass and optical connectivity solutions, is poised for faster growth and profit expansion. Corning's stock price has fallen 8.08% in the past month, but has risen 107.73% over the past 52 weeks, closing at $145.56 on September 1.
11:12
In its second-quarter 2026 investor letter, Artisan Global Opportunities Strategy disclosed initiating positions in GE Aerospace (NYSE:GE). The fund stated it made the move following a geopolitically driven pullback, as it believed investor worries about higher airline costs, ticket prices, and their impact on passenger demand and aircraft orders were overdone. The fund sees GE Aerospace positioned for a long-duration profit cycle, supported by its engine backlog and planned increase in new aircraft deliveries.
11:08
Iran's Islamic Revolutionary Guard Corps (IRGC) announced on September 2 that, in retaliation for previous US attacks, it launched a joint missile and drone strike on the US military's Ali Al Salem Air Base in Kuwait in the early hours of the day. Targets included areas for US commanders' command and accommodation, drone hangars, and aprons, with the IRGC claiming multiple US casualties. This operation was synchronized with attacks on US bases in Jordan, Bahrain, and Erbil, Iraq.

The US Central Command (CENTCOM) issued a statement on the same day, announcing it had completed a new round of strikes against Iranian military targets. These targets included IRGC air defense positions, radar systems, maritime assets and facilities, mine-laying capabilities, and communication sites. The strikes further covered Iran's mine-laying capabilities and communication facilities, indicating an expanding scope of US military operations.
11:07
Bank of Japan (BOJ) hawkish board member Hajime Takata hinted that significant and even consecutive interest rate hikes are not out of the question, providing fundamental support for the Japanese Yen. This follows Japan's record-breaking $96.4 billion intervention to support the currency in the previous month.
11:07
Japan's Mitsubishi Heavy Industries and technology group NEC announced Wednesday they will collaborate on homegrown defense drones and artificial intelligence-powered command and control systems.
11:07
Shares of United States Antimony (UAMY) and USA Rare Earth (USAR) saw gains of 8% and 3% respectively, with UAMY closing at $5.04 and USAR at $17.72. This occurred without a same-day catalyst, while the broader VanEck Rare Earth and Strategic Metals ETF (REMX) slipped 0.5%, indicating an isolated single-name bounce. Insider purchases by UAMY's CEO and a director were disclosed on August 28 and June 15, predating today's move. United States Antimony holds a $245 million sole-source contract with the U.S. Defense Logistics Agency, supplying military-specification antimony ingots.
11:06
ZCCM Investments, Zambia's state-owned mining investment company, anticipates that the small-scale gold mining sector will generate over $1.8 billion in revenue through the implementation of a Ghana-inspired formalization strategy. Company CEO Kakenenwa Muyangwa stated that this initiative aims to significantly boost Zambia's official gold export figures, addressing the substantial discrepancy between official export volumes and import volumes reported by other countries. In 2023, the UAE imported nearly $1.8 billion worth of gold from Zambia, while the Bank of Zambia reported official exports of less than $128 million.
11:03
HiddenLayer, an AI security startup, has raised $100M in Series B funding led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, Microsoft's M12, Booz Allen Hamilton, and others. The company's annual recurring revenue (ARR) grew more than 10x over the past year to "tens of millions" of dollars, driven by new customer acquisition. The new capital will be used to expand sales, distribution, engineering, research, and market presence in Europe and EMEA, amid surging enterprise demand for AI deployment security.
10:59
The plant, a critical facility for one of the world's largest copper mines, was rebuilt almost from scratch after a fire nearly three years ago.
10:58
Federal Reserve Chairman Kevin Warsh delivered a keynote speech last week in Jackson Hole, Wyoming, detailing some of the key data points he uses to assess the U.S. economy, offering markets new insights into his policymaking approach. Northern Trust Chief Economist Carl Tannenbaum expressed his concern and is looking forward to this week's employment data.
10:56
Dave Ramsey, a renowned personal finance expert, stated that the "trick" circulating on TikTok, which aims to allow homebuyers to secretly take over someone else's low-interest mortgage without informing the lender, is fraudulent. He warned that this practice would lead to foreclosure and financial loss. He pointed out that legitimate mortgage assumptions (such as government-backed FHA, VA, and USDA loans) require specific conditions to be met, and interest rates may be adjusted, which is distinctly different from the secret transfer methods promoted on social media. Ramsey emphasized that most conventional mortgages include a "due-on-sale" clause, allowing lenders to demand immediate repayment of the entire loan once they discover a transfer of ownership, thus exposing homebuyers to significant risk.
10:56
BlackRock's global chief investment strategist, Wei Li, stated on Monday that despite tech giants like Amazon, Google, and Microsoft planning to collectively invest nearly $600 billion in capital expenditures this year, the artificial intelligence (AI) boom is still in the "massive build-out" first phase, not yet reaching widespread adoption and productivity enhancement. She believes that tech stock valuations are not overly stretched and does not currently see AI in a bubble, as companies are still delivering strong earnings.
10:54
The Italian energy producer aims to eventually reach this target, which includes volumes from state-owned Petróleos de Venezuela SA. This move could significantly aid US President Donald Trump’s efforts to revive Venezuela’s struggling crude industry, according to people familiar with the matter.
10:52
A judge in Virginia on Wednesday rejected the U.S. Department of Justice's bid to force Alphabet's Google to sell its online advertising exchange, AdX. This ruling marks the second significant symbolic victory against the DOJ's efforts to break up Google's alleged illegal monopolies, following an earlier ruling that Google holds illegal monopolies on ad servers and exchanges. The judge accepted most of the proposed behavioral remedies instead of a forced sale, which Google had argued would be technically difficult and harmful to customers.
10:51
NVIDIA and digital infrastructure company Equinix have expanded their partnership to target the next phase of AI spending on inference, launching the Equinix Inference Exchange. This distributed AI inference program, in collaboration with Together AI, will leverage NVIDIA's Enterprise Reference Architectures, Together AI's inference platform, and Equinix's global data center and networking infrastructure. Equinix shares rose 2% on Wednesday following the announcement, though the market's overall response was modest as the partnership builds on existing work and no financial terms or near-term revenue targets were disclosed.

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