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9/13
16:02
Swedes vote in election that could see far-right in government
16:02
Guyana's President: Oil Revenue Surges Due to Iran Conflict
Guyana's President, Mohamed Irfaan Ali, stated that the country's oil revenues have sharply increased in recent months due to the Iran conflict reshaping global markets. He emphasized that he does not want Guyana to be solely dependent on oil wealth, and the government is working to diversify the economy to ensure long-term growth. Ali also noted that he is not concerned about US intervention in neighboring Venezuela, and said that the Donald Trump administration is assisting in coordinating security matters in the region.
15:54
Airbnb CEO Brian Chesky stated that AI is the best thing to happen to the company, having already reduced customer support costs by 16%.
Chesky stated at the Goldman Sachs Technology Conference that AI has helped Airbnb reduce customer support costs by approximately 16% and resolve nearly 45% of customer service issues without human intervention. Driven by AI, the company's adjusted EBITDA margin reached 35%, and management raised the full-year target for fiscal year 2026 to at least 35.5%. Airbnb's second-quarter revenue grew by 16.54% to $3.608 billion, net profit increased by 27.1% to $816 million, and free cash flow rose by 31.62%.
15:33
JPMorgan lowers Adobe stock price target to $315 from $340, maintains Overweight rating
JPMorgan lowered its price target on Adobe stock to $315 from $340, while keeping an Overweight rating on the shares. The firm noted that Adobe's fiscal third quarter results were "robust and beat expectations modestly," but its fourth quarter revenue outlook came in modestly below consensus. JPMorgan tied the softer guidance to Adobe's ongoing focus on user acquisition rather than pricing, and also pointed to an expected slowdown in revenue growth in fiscal 2027. Despite this, the firm argued the shares are now inexpensive and offer a "low bar for upsides to the share price from a recovery in monetization."
15:32
Iran-Gulf States' Planned Sept 14 Hormuz Talks Postponed, Omani FM Says
Omani Foreign Minister Badr Albusaidi announced on Sunday that a planned September 14 meeting in Oman between Iran and Gulf states, aimed at discussing possible Strait of Hormuz arrangements, has been postponed. No reason or replacement date was announced. The talks were considered one of the few active diplomatic channels to reduce disruption around the critical oil chokepoint. The delay removes a near-term de-escalation catalyst, keeping crude supply risks elevated.
15:22
T-Mobile US CEO stated at a Goldman Sachs conference that the company has raised its fixed wireless customer target to 15 million by 2030, and expects its broadband business to double in the next four years.
T-Mobile US CEO Srini Gopalan outlined the company's growth strategy at the Goldman Sachs Communacopia + Technology conference, including sustained wireless growth through its standalone 5G network, flexible device financing, and premium plan adoption. The company expects to add 950,000 to 1,050,000 postpaid accounts this year and reported reduced customer churn. In AI, T-Mobile has realized $2.7 billion in value from AI initiatives and plans to invest over $100 million in employee AI training.
15:22
Yahoo Finance analysis: Applied Materials (AMAT) is predicted to achieve its first $10 billion quarter this fall, with management forecasting Q4 revenue midpoint at $10.25 billion
Yahoo Finance analysis predicts that chip-equipment maker Applied Materials (AMAT) is on track to book its first $10 billion revenue quarter this fall. The company's management expects its fiscal fourth quarter of 2026 (ending late October) to be the first, with a revenue midpoint forecast of $10.25 billion, plus or minus $500 million, which would be about 51% above the year-ago period. The analysis notes that while the guidance range bottoms out at $9.75 billion, the company has consistently exceeded its own forecasts this fiscal year.
15:11
Yahoo Finance Analysis: Despite 10-year Treasury yields nearing 5%, analysts still favor PepsiCo as a source of passive income.
Analysis indicates that the current 10-year US Treasury yield has reached 4.8%, nearing its multi-year high of 5% in 2023. In comparison, PepsiCo's (NASDAQ: PEP) forward dividend yield is 4.3%. Despite the higher yield and government backing of US Treasuries, analysts believe PepsiCo's dividends have sustainable growth potential (having increased for 54 consecutive years) and the stock itself offers capital appreciation, whereas Treasury interest payments are fixed and may be eroded by inflation over the long term.
15:07
Trump says he will look at whether to release more records linked to 9/11 attacks
15:03
MarketWatch Analysis: The 10-year and 30-year U.S. Treasury yields have risen by approximately 50 and 45 basis points, respectively, since late June, climbing back to their highest levels since 2007. The bond market is pushing for higher rates, even though Federal Reserve rate hikes may not lower gasoline prices.
MarketWatch analysis indicates that long-term U.S. Treasury yields have risen to their highest levels since 2007, increasing borrowing costs for households, businesses, and the U.S. government.
15:03
EUR/JPY is down 1.01% intraday, currently trading at 177.3730.
14:54
Google Cloud and Accenture have formed a joint venture to embed engineers with clients to expand Gemini Enterprise's reach among Microsoft's core customers.
The move aims to directly challenge Microsoft in key areas of enterprise software sales: integration, procurement, and consulting. Google Cloud recently achieved an 82% growth rate, nearly double Azure's 43% growth, with almost 90% of Fortune 100 companies now using Gemini Enterprise. Analysts believe that Alphabet's current P/E ratio of approximately 17x, compared to Microsoft's 28x, makes Google a more attractive research target for the market.
14:39
Applied Materials is using AI to speed chip materials discovery, its Japan chief says
The American company is seeking Japanese partners and talent for innovation, as the semiconductor industry needs to embrace new materials to keep advancing with current chip miniaturization technology approaching its limits.
14:37
Fed Whisperer Nick Timiraos Responds to Trump's Views on Fed Independence, Citing Greenspan's Historical Precedent of Rate Hikes Before Elections
Nick Timiraos retweeted a post, responding to Donald Trump's view that the Federal Reserve should remain independent and not raise interest rates before the election. Trump, through Kevin Hassett, stated that there is no reason to raise rates now and that it is important for the Fed not to intervene before the election to maintain its independence. Timiraos, however, pointed out that Alan Greenspan had raised interest rates a week before the 1988 Republican National Convention. Furthermore, the Fed under Greenspan also cut rates in the second half of 1990 and 1992, and raised rates in the second half of 1994 and 2004.
14:21
Yahoo Finance Analysis: McDonald's Dividend Yield Reaches 3%, a Six-Year High, as Stock Falls 26% From February Peak
Yahoo Finance analysis indicates that McDonald's (NYSE: MCD) stock has fallen 26% from its February high, pushing its dividend yield to 3%, the highest in over six years. The article explores whether this is a value trap but suggests that its relatively low valuation and high dividend yield present a buying opportunity. The analyst consensus target price is $313.50, 24% higher than the current share price.
14:10
Barclays raises Oracle price target to $252 from $250, maintains 'Overweight' rating
Barclays raised its price target for Oracle to $252 from $250, maintaining an 'Overweight' rating on the tech stock, which is currently trading around $154. The adjustment follows Oracle's fiscal first-quarter results, where the company reported total revenue of $19.3 billion, up 30% year-over-year, and cloud infrastructure revenue jumped 121% to $7.4 billion. Oracle also saw its remaining performance obligations (contracted future revenue) grow by $26 billion during the quarter, with about half expected to convert to revenue over the next 36 months. The company raised its full-year revenue guidance to at least $90 billion and non-GAAP EPS guidance to $8.10. Barclays believes Oracle's growth has inflected and should keep accelerating, citing strong demand and an improved funding mix as key reasons for its confidence.
14:05
OpenAI and Morgan Stanley Launch AI Tool to Automate Junior Analyst Work
OpenAI, in collaboration with Morgan Stanley (MS) and Evercore (EVR), has rolled out a version of ChatGPT designed for financial services. The tool aims to automate research and pitch book tasks typically handled by junior analysts, with OpenAI stating it will enhance productivity rather than eliminate jobs. Morgan Stanley's investment banking revenue surged 58% to $2.44 billion in Q2 2026. Meanwhile, Evercore's stock has fallen 16% year-to-date, signaling that markets are already factoring in potential AI-driven fee pressure on advisory firms.
14:01
FIL (Filecoin) saw a trading volume of $7.06 million in the past hour, 22.9 times its 7-day average for the same period, and is currently trading at $0.9672.
13:55
JST (JUST) price surged to $0.11326, hitting a new 365-day high.
13:54
Yahoo Finance Analysis: NVIDIA's AI Investment Portfolio Reaches $99 Billion as of July 26, with OpenAI, Anthropic, and Safe Superintelligence as Key Private Investments
Yahoo Finance analysis indicates that as of the end of Nvidia's second fiscal quarter (July 26), its artificial intelligence (AI) investment portfolio totaled approximately $99 billion. This portfolio comprises $47.7 billion in public holdings, $47.9 billion in illiquid securities, and $3.3 billion in equity method investments. Specifically, Nvidia has invested $30 billion in OpenAI, $10 billion in Anthropic, and $5 billion in Safe Superintelligence. Its public holdings primarily include companies such as Intel, SpaceX, and CoreWeave. The article also mentions that CoreWeave, Coherent, and Marvell Technology are considered notable public companies within this portfolio.
13:49
Trump says he is lifting tariffs on Irish whiskey
13:49
Warren Buffett made Apple Berkshire Hathaway's largest stock position
Warren Buffett made Apple (AAPL) Berkshire Hathaway's (BRKA, BRKB) largest equity position. The article notes that a hypothetical $10,000 investment in Apple 10 years ago, with dividends reinvested, would be worth approximately $122,400 today. Apple's stake once accounted for 40% of Berkshire's stock portfolio and currently stands at 20% of its roughly $360 billion portfolio.
13:37
Standard Chartered Predicts XRP Could Reach $12.60 by 2028, Citing Unmet Catalysts
Standard Chartered's head of digital assets research, Geoffrey Kendrick, forecasts XRP to reach $12.60 by 2028. However, this projection, which is a 9x gain from its current price of $1.36, depends on catalysts such as the passage of the CLARITY Act and XRP spot ETF inflows scaling past $4 billion, neither of which has materialized. XRP is currently trading at $1.36, down 26% in 2026.
13:22
Upbit Suspends Deposits and Withdrawals for Medibloc (MED)
13:22
Navan (NAVN) acquires AI-powered events platform BoomPop to expand into meetings and events segment
Navan Inc. (NASDAQ:NAVN) announced its acquisition of BoomPop, an AI-powered meetings and events platform. This deal builds on an existing alliance between the two entities and marks Navan's strategic push to expand its footprint in the meetings and events segment. The acquisition follows Navan's strong second quarter FY27 results, where it reported an adjusted net income of $14 million compared to an $8 million loss in Q2 FY26, driven by 39% year-over-year subscription revenue growth and 35% usage revenue growth.
13:22
U.S. Energy Secretary Chris Wright Warns Against Hormuz Deal Optimism, Iran to Propose Temporary Shipping Lane on Monday
U.S. Energy Secretary Chris Wright warned traders against expecting a quick Strait of Hormuz breakthrough with Iran, noting that alternative routes are currently supplying about 10 million barrels a day, keeping oil markets tight but manageable. Iran plans to propose a temporary shipping lane in Oman on Monday. Wright also reiterated Washington's preference for negotiations over Iran’s nuclear program but affirmed its readiness to use military force.
13:11
Cognizant CFO: AI Puts Pressure on IT Spending, But BFSI Business Shows Strong Growth
Cognizant (Nasdaq: CTSH) CFO Jatin Dalal stated that the IT services industry's long-term slow growth reflects persistent pressure from AI and a general lack of discretionary spending across multiple end markets. However, he noted that the Banking, Financial Services, and Insurance (BFSI) segment was a significant exception, achieving double-digit growth in the second quarter. Dalal also mentioned that 40% of the company's software engineering work is now AI-assisted, and he expects headcount to remain relatively stable over the next 18 to 24 months. Regarding capital allocation, Cognizant plans to dedicate 50% to M&A, 25% to dividends, and 25% to share buybacks, having executed an additional $1 billion buyback program in May of this year.
13:02
Former U.S. President Obama calls on Democrats to develop a clear AI safety plan.
Obama stated last Thursday at a Democratic fundraiser that artificial intelligence should be a core agenda item for the Democratic Party, with clear plans needed to address AI's economic impact and safety concerns. He also revealed that he had spoken with AI industry executives, including Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman.
13:02
Optimum co-founder and MIT professor Muriel Médard argues that blockchains don't need quantum computers to be quantum-safe, as classic math already provides the necessary tools.
13:00
The U.S. House of Representatives is about to recess until after the November midterm elections, narrowing the window for AI regulatory legislation, with leaders from both parties expressing divergent views.
The U.S. House of Representatives plans to adjourn in the coming days until after the November midterm elections, narrowing the window for passing any form of AI regulation bill. This follows warnings from leaders of top AI companies such as Anthropic, OpenAI, and xAI, who called for a slowdown in AI development and increased regulation. Pennsylvania Governor Josh Shapiro urged Congress to act immediately, and House Democratic Leader Hakeem Jeffries stated that Democrats would discuss AI guardrails on Tuesday and support a slowdown in development to protect the American people. However, House Speaker Mike Johnson opposed rushing legislation before the recess, arguing that it could cause the U.S. to lose the AI competition to China, and called for industry self-regulation and an AI summit. Former President Donald Trump also expressed concerns about slowing down or regulating AI development, emphasizing the U.S.'s leading position in AI.

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