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9/9
11:38
Uber rival inDrive scales beyond ride-hailing into advertising, delivery, and financial services, with ads now in 25 markets and financial loans up 118% in H1 2026
11:34
Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push, with threat and crypto migration plans converging on 2029 window
11:33
European natural gas inventories have fallen to their lowest level for this time of year in 15 years, currently standing at just 65.6% of storage capacity.
According to the Financial Times, Europe's natural gas storage is currently at only 65.6% of its capacity, the lowest level for this time of year in 15 years. The latest data from Gas Infrastructure Europe also shows that current European gas storage is approximately 67% of capacity, whereas a year ago, this figure was close to 80%.
11:33
Bank of England Governor Andrew Bailey on Tuesday denied there was a "secret plan to raise interest rates," yet the pound on Wednesday still approached a two-week high of $1.3559.
Bank of England Governor Andrew Bailey explicitly denied on Tuesday at a parliamentary hearing that the central bank has a predetermined path for interest rate hikes, stating he wanted to dispel the market's notion that the BoE "has a secret plan and knows where we are going." Despite this, the British pound strengthened on Wednesday, last trading at $1.3559, nearing its highest level since August 28. Current money markets have priced in at least two rate hikes, and are betting on an approximately 40% chance of another hike before March next year, indicating a clear divergence between market pricing and the central bank's statements. Meanwhile, the ongoing conflict in the Middle East continues to push energy prices higher, with Brent crude surpassing $100/barrel. UK CPI rose to 2.9% year-on-year in July, up from 2.6% in June, as energy shocks are re-emerging as a key variable influencing UK interest rates and the pound's trajectory.
11:33
Lufthansa Cargo to Acquire German Airport Service Provider LUG to Boost Capacity at Frankfurt, Munich and Hamburg Airports
Lufthansa Cargo, the logistics subsidiary of Deutsche Lufthansa Group, has agreed to acquire German airport service provider LUG air cargo handling GmbH. LUG provides cargo handling and distribution at Frankfurt, Munich and Hamburg airports in Germany, and the acquisition aims to boost Lufthansa Cargo's capacity and diversify its revenue stream. The transaction is subject to antitrust and regulatory reviews.
11:32
Circlemark Reports: New York City Faces $5.9 Billion Commercial Real Estate Loan Maturity Wave in Next 12 Months, Manhattan Accounts for 79%
New data from debt tracking firm Circlemark shows that New York City has 274 commercial mortgage loans totaling $5.9 billion maturing between September 2026 and September 2027, with Manhattan loans accounting for 79% of the total maturities. The report also notes that office building loans represent 39% of the upcoming maturities, amounting to $2.3 billion. Additionally, 166 loans worth $2.5 billion are past their due dates but remain unpaid, and 13 of the upcoming maturing loans have already had default filings.
11:27
ODDITY (ODD) shares jumped 14% on Thursday after Q2 results topped Wall Street estimates and the company issued a stronger-than-expected full-year profit outlook.
ODDITY, a consumer tech company that uses AI and data science to build digital-first beauty and wellness brands, reported Q2 revenue of $181 million, beating estimates of $178 million. Adjusted earnings per share came in at $0.20, ahead of the $0.16 estimate, while adjusted EBITDA reached $13 million, more than the $8.8 million analysts had projected. For fiscal 2026, ODDITY guided adjusted EBITDA of $30 million to $32 million, well above the $10.7 million estimate.
11:26
UBS expects Bank of England to hold rates at 3.75% on Sept 17, but strike a more hawkish tone due to Middle East escalation and rising energy prices
UBS forecasts the Monetary Policy Committee will repeat July's 6-3 vote split, with Huw Pill, Megan Greene, and Catherine Mann again pushing for a quarter-point hike. The bank also expects the pace of quantitative tightening to slow to £50 billion between October 2026 and September 2027, down from £70 billion currently. On currency, UBS remains constructive on sterling, targeting €0.8500 by year-end, but flags tactical weakness into the Autumn Budget on October 28.
11:18
AI assistant Instinct, valued at $2.5 billion, rolls out email addresses for agents to manage accounts and handle requests on users' behalf
11:18
American Century Investments Sells Regeneron Pharmaceuticals (REGN) Stake, Citing Disappointment with Commercialization Progress
American Century Investments Focused Dynamic Growth Fund stated in its Q2 2026 investor letter that it had sold its holdings in biotechnology company Regeneron Pharmaceuticals (NASDAQ:REGN). The fund noted that it was disappointed with the slow commercialization progress of Regeneron's macular degeneration treatment and believed its stock had limited appreciation potential, thus choosing to reallocate capital to other more attractive investments.
11:18
Adult film producer accuses Meta executive of downloading nearly 20,000 files via home network, seeks to include this in $446 million copyright lawsuit
Adult film producer Strike 3 Holdings is seeking to consolidate its existing copyright lawsuit against Meta with another "John Doe" lawsuit. Strike 3 alleges that a residential internet connection belonging to a Meta Reality Labs executive was linked to nearly 20,000 files downloaded via BitTorrent, and argues that these activities were related to their work rather than personal use. Meta disputes this conclusion, denying that the downloads are related to the company and denying that the alleged torrenting was for AI training. The lawsuit involves 2,973 films, with potential statutory damages of approximately $446 million if willful infringement can be proven. Previously, a judge in the U.S. District Court for the Northern District of California denied Meta's request to dismiss the copyright infringement lawsuit, calling its explanation for the downloaded files "implausible."
11:17
Four AI Stocks Set to Join S&P 500 Index Later This Month
According to analysis by The Motley Fool, Sandisk (SNDK) is rated a "Hold", Dell Technologies (DELL) is a "Buy", while Palo Alto Networks (PANW) and Arista Networks (ANET) are rated a "Pass" (sell/avoid) for investors.
11:16
24/7 Wall St. analysts initiate 'Buy' rating on Oracle, setting $219.26 price target with 34.91% upside.
The firm highlights Oracle's $638 billion backlog, up 363% year-over-year, and 93% growth in its Cloud Infrastructure (OCI) revenue as key drivers for the bullish outlook.
11:16
Gold prices have doubled since March 2024, but gold miners' profit margins have more than tripled over the same period, reaching a record $3,076 per ounce in Q1 2026.
11:16
EU Carbon Reform Lead Lawmaker Considers Proposing Smoother Emission Cuts Next Decade, With Draft Plan Due Friday
11:12
US Treasury Department to buy back $6 billion in longer-term debt, tripling the normal level
The US Treasury Department announced on Wednesday it will buy back $6 billion of government debt, an operation aimed at keeping bond markets functioning and putting a lid on Treasury yields. This move triples the normal buyback amount and follows Treasury Secretary Scott Bessent's August 19 announcement that the department would at least double the normal amount for already-issued securities. The actual buybacks will occur on Thursday, concluding at 2 p.m. ET. However, market reaction was negative, with the benchmark 10-year Treasury yield rising nearly 4 basis points to 4.841% on the day.
11:11
CME Group Appoints Jack Tobin as Chief Financial Officer, John Marchese as General Counsel, and Matthew Render as Chief Accounting Officer
11:08
RockawayX analyst Ryan Connor pointed out that the ratio of on-chain USD to EUR stablecoins exceeds 300:1, with the total size of EUR stablecoins being only 711 million euros.
RockawayX analyst Ryan Connor noted in an article that the ratio of on-chain USD to EUR stablecoins exceeds 300:1, while in the off-chain economy, the USD to EUR ratio is approximately 3:1. Currently, the total market capitalization of EUR-pegged stablecoins is 711 million euros, accounting for less than 1% of the total stablecoin supply. He attributes this disparity to path dependence and the lack of DeFi infrastructure in the Eurozone, and believes that the issuance mechanisms and Euro treasury mechanisms under the MiCA regulatory framework are changing this situation.
11:07
SanDisk (SNDK) stock surges 632% year-to-date to $1,738, analysts maintain 'Hold' rating
Analysts rate SanDisk (SNDK) a 'Hold', citing strong momentum that has outpaced the margin of safety for new buyers, despite the stock's year-to-date surge of 632% to $1,738. The company benefits from a $93.9 billion minimum revenue commitment backlog and a $14 billion buyback authorization, providing fundamental support for existing holders. However, two-thirds of its Q4 372% revenue growth came from pricing rather than volume, a dynamic in the cyclical NAND commodity market that historically invites increased supply and potential reversals.
11:07
CoreWeave CEO stated that the company is striving to meet the demand for NVIDIA chips and has raised its revenue guidance for fiscal year 2026 to between $12.4 billion and $13.2 billion.
CoreWeave CEO Michael Intrator stated at the Goldman Sachs Communacopia & Tech Conference that the company is working daily to meet the demand for NVIDIA chips, with each GPU being sold to multiple clients. Concurrently, CoreWeave announced a 112% year-over-year increase in Q2 sales, with adjusted operating profit doubling to $1.5 billion. The company also raised its full-year revenue guidance for fiscal year 2026 to $12.4 billion-$13.2 billion, driven by a $104 billion revenue backlog.
11:07
CoreWeave CEO Says US Data Center Backlash Won't Stop AI Infrastructure Build-Out
CoreWeave CEO Michael Intrator stated at the Goldman Sachs Communacopia & Tech Conference that despite local opposition blocking or delaying 75 data center projects worth $130 billion in the first three months of this year, and a Gallup poll showing 70% of Americans oppose local AI data center construction, the demand for computing power will not change. He explained that this will only lead to data centers relocating to other sites, potentially increasing costs, but they will ultimately be built because market signals support this trend. CoreWeave has mitigated risks by diversifying its data center footprint both domestically and internationally, currently holding over 1 gigawatt of capacity outside the United States.
11:06
US spy chief John Ratcliffe prepares for greater role in Russia-Ukraine talks, will be involved in shuttle diplomacy between Moscow and Kyiv
11:06
South Africa's Central Energy Fund Outlines Plans to Triple Oil-Refining Capacity, Targeting 400,000 Barrels Daily Throughput
The Central Energy Fund (CEF) intends to rebuild the Sapref refinery near Durban, which was idled after 2022 floods, to reduce dependence on fuel imports.
11:05
AMD CFO raises AI chip market forecast to $3 trillion, AMD stock rises 3%; Intel sees slight gain
AMD CFO Jean Hu stated that the potential market size for AI chips could reach $2 trillion to $3 trillion by 2030, an increase from the previous estimate of $2 trillion. Boosted by this news, AMD's stock price rose 3% to $521.59 during Wednesday's trading session; Intel's stock price saw a modest increase of 1% to $105.76.

Hu also confirmed at the Citi Global TMT Conference that TSMC remains AMD's primary wafer supplier, refuting market speculation about Intel's foundry business. Intel Foundry reported an operating loss of $2.1 billion in the second quarter of 2026.
11:02
Bloomberg Crypto: Hunter Biden's "Laptop" Memecoin $LAPTOP Surges and Plunges After Debut
Bloomberg Crypto reported that Hunter Biden, son of former US President Joe Biden, launched a memecoin, $LAPTOP, inspired by his laptop controversy on Wednesday. The token surged in price after its debut before quickly plummeting.
11:02
BYD's Q2 Net Profit Jumps 30% to $1.22 Billion, Driven by Surging Overseas Exports
Chinese automaker BYD reported a 30% surge in net profit for the second quarter, reaching $1.22 billion (8.2 billion yuan), reversing a trend of four consecutive quarters of declines. The company's overseas deliveries spiked 82% year-over-year to over 471,000 vehicles, with international sales bringing higher margins. Meanwhile, domestic sales dropped 28% to 637,000 vehicles amid an intense price war in China's auto market. The article suggests BYD remains a smart buy due to its vertical integration, technology, and scale, despite domestic market struggles.
11:01
Alphyn Capital Management: Amazon's AWS growth reaccelerated to 28%, capital spending to reach $200 billion this year
Investment firm Alphyn Capital Management highlighted Amazon (AMZN) in its Q2 2026 investor letter, stating that AWS's growth reaccelerated to 28%, its fastest pace in roughly fifteen quarters, while maintaining nearly 38% segment margins. The firm noted that Amazon's capital spending is stepping up toward $200 billion this year, which will pressure near-term free cash flow. Alphyn continues to view Amazon as a self-funded, multi-legged compounding machine.
11:00
Jim Cramer says safe bond funds lost money over the past five years, being too cautious was reckless.
Jim Cramer, host of CNBC's "Mad Money," stated that an ultra-conservative bond allocation strategy has penalized patient savers over the past five years. He pointed out that the iShares Core U.S. Aggregate Bond ETF (AGG) fell by 17%, while the S&P 500 ETF (SPY) rose by 70% during the same period. Cramer believes that the Federal Reserve's rate-hiking cycle has driven down the prices of older bonds, and for younger investors, excessive avoidance of stock volatility by holding high-grade bonds could lead to a slow erosion of purchasing power.
11:00
Nebius Group's first Blackwell auction cleared 15% above prior pricing record, with short-duration deals commanding $40M-$50M per megawatt
Nebius Group (NASDAQ:NBIS), an AI cloud platform operator, saw its first Blackwell capacity auction clear 15% above the highest price the company had ever charged. Short-duration contracts are now being negotiated at $40 million to $50 million per megawatt, compared to $20 million to $25 million for mid-term deals. CEO Arkady Volozh stated the company could sell its entire 2027 capacity on these terms but is deliberately holding back for premium short-duration deals. NVIDIA's strategic equity investment and anchor contracts with Meta and Microsoft embed Nebius within the reference architecture for Blackwell and Vera Rubin deployments.
10:59
Michael Saylor reposted a tweet from CJ_Bitcoin, stating: "Bitcoin treasury leadership isn’t built overnight. $MSTR"

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