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Apple launches legal challenge against UK government's demand to access encrypted cloud backups of British users
The iPhone maker has filed a complaint over the latest government demand, which seeks to connect to the cloud backups of British users.
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Ariel Investments' Small Cap Value Fund highlights Knowles Corporation (KN) in its Q2 2026 investor letter, citing strong earnings and strategic positioning
Ariel Investments' Small Cap Value Fund, which gained 17.19% gross in the second quarter of 2026, noted that Knowles Corporation (NYSE:KN) advanced following a strong earnings report that exceeded rev
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Oil prices fell as U.S. President Donald Trump called off an attack on Iran, saying talks would resume on Monday.
Oil prices fell as U.S. President Donald Trump called off an attack on Iran, saying talks would resume on Monday.
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Hugging Face CEO: China Is Winning the AI Race, Dominating Open-Source Models
Hugging Face CEO Clément Delangue stated that China dominates the open-source AI model space and could catch up to leading US model makers this year or next. He pointed out that China's open, collabor
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Janus Henderson investors' letter pointed out that Oracle (ORCL) has an AI-related contract order backlog of over $550 billion, but faces challenges in funding construction.
Janus Henderson Investors' Forty Fund highlighted in its Q2 2026 investor letter that Oracle has become a significant player in the AI market, with its AI-related contract backlog exceeding $550 billi
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Pershing Square CEO Bill Ackman said, "Never short Elon Musk," but is not investing in SpaceX for now due to valuation and predictability issues.
Bill Ackman, founder and CEO of Pershing Square Capital Management, highly praised Elon Musk in a recent interview as "the most talented technologist and entrepreneur of our generation," adding, "neve
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Colombian Peso Sees Biggest Drop in Three Months After Central Bank Unexpectedly Pauses Rate Hikes and Announces Dollar Reserve Program, Signaling Currency's Rally Had Gone Too Far
Colombian Peso Sees Biggest Drop in Three Months After Central Bank Unexpectedly Pauses Rate Hikes and Announces Dollar Reserve Program, Signaling Currency's Rally Had Gone Too Far
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Analysis suggests holding off on buying Meta Platforms stock despite 12% YTD decline and lower valuation, citing potential $1.4 trillion in lawsuits over social media addiction and child saf
The analysis highlights that while Meta Platforms (META) stock has fallen 12% year-to-date and trades at 22 times its trailing earnings (compared to the S&P 500's 25 times), making it appear cheaper,
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DeItaone reports Trump states: "Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades."
DeItaone reports Trump states: "Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades."
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DeItaone reports Trump stated on Iran: "Nothing gets through to Iran, unless we want it to, and nothing will get through, unless a deal, or total surrender, is accomplished."
DeItaone reports Trump stated on Iran: "Nothing gets through to Iran, unless we want it to, and nothing will get through, unless a deal, or total surrender, is accomplished."
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DeItaone reports Trump states Iranian leadership is unbelievably duplicitous.
DeItaone reports Trump states Iranian leadership is unbelievably duplicitous.
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Acting Attorney General Todd Blanche Strikes Deal With Republican Senators to Rescind 'Anti-Weaponization Fund' Order, Paving Way for Confirmation
Acting Attorney General Todd Blanche has reached an agreement with two Republican senators to formally rescind an order creating an “anti-weaponization fund.” This deal is expected to pave the way for
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Conexeu Sciences CEO Miles Harrison Highlights Tissue Regeneration Tech for GLP-1 Related Volume Loss, Eyes Early 2027 FDA Submission
During a fireside chat, Conexeu Sciences Inc. (Nasdaq: CNXU) CEO Miles Harrison discussed the company's preclinical-stage tissue regeneration technology, which aims to address large-volume tissue rest
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Analysis indicates that Meta's EPS missed expectations due to $2.4 billion in legal fees but remains attractive; Amazon AWS showed strong performance with 37% growth; Apple's stock price fell 9% despite exceeding earnings expectations, considered to be reasonably valued.
Yahoo Finance analysis suggests that Meta Platforms (META)'s earnings per share (EPS) missed expectations, primarily due to a one-time legal fee of $2.4 billion rather than weak advertising business,
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Citadel Securities Forecasts Over $500 Billion in New Debt by 2028 to Finance AI Chips
Citadel Securities LLC is forecasting that public and private markets will see over $500 billion in new debt by 2028, specifically to bankroll the chips required for artificial intelligence campuses.
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Investment banks such as Goldman Sachs and Citi are deploying "crash options" to transfer tail risk, with annualized returns reaching up to 20%.
As the global leveraged ETF market approaches $250 billion in assets, major banks providing swaps and leverage support are increasingly relying on a special type of over-the-counter derivative—"crash
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UBS downgraded NXP (NXPI) from Buy to Neutral and lowered its price target from $305 to $270, citing risks of an automotive inventory correction in China and limited AI data center exposure.
UBS noted that NXP derives 17% of its revenue from China and 55% from the automotive market, facing potential risks from a correction in China's automotive inventory. Furthermore, NXP's exposure to AI
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CoreWeave Jumps 11%, Snowflake Gains 6%, Oracle Climbs 5% as Risk-On Mood Lifts AI Cloud
AI cloud infrastructure stocks, including CoreWeave (CRWV), Snowflake (SNOW), and Oracle (ORCL), saw significant gains on Monday morning. CoreWeave led the group, rising 11% to $79.60, while Snowflake
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Sanctuary Wealth Chief Investment Strategist Mary Ann Bartels Predicts Secular Bull Market to Last Rest of Decade, Sees Further Fall for Japanese Yen
Bartels also stated that earnings should be celebrated.
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US Strategic Petroleum Reserve Crude Oil Stocks Fell by About 2.85 Million Barrels to 304.8 Million Barrels Last Week, Lowest Since 1983
US Strategic Petroleum Reserve Crude Oil Stocks Fell by About 2.85 Million Barrels to 304.8 Million Barrels Last Week, Lowest Since 1983
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Goldman Sachs Strategist: Top 5 US Tech Stocks' P/E Ratios Marginally Above S&P 500 Average, Signaling Investor Rethink
Goldman Sachs strategist Peter Oppenheimer noted that the price-to-earnings (P/E) ratios of the five largest US stocks (Nvidia, Apple, Alphabet, Microsoft, and Amazon) are now only marginally above th
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UK carbon insurer Kita secures strategic investment from Japan's Tokio Marine Group, expanding partnership to develop carbon credit insurance and risk assessment
UK-based carbon insurance company Kita has received an undisclosed strategic investment from Japan's Tokio Marine Group, specifically through Tokio Marine & Nichido Fire Insurance Co (TMNF). The expan
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US Copper Inflows Surge at Fastest Rate in at Least 12 Years as Market Awaits Trump Tariff Decision
Copper is pouring into the US at the fastest rate in at least 12 years as traders position ahead of President Donald Trump’s decision on tariffs on refined imports.
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Diamond Hill Capital stated in its Q2 2026 investor letter that the newly included FedEx Freight Holding Company (FDXF) has stronger growth potential as an independent company.
Diamond Hill Capital, in its Q2 2026 investor letter, noted that FedEx Freight Holding Company (FDXF), a spin-off from shipping company FedEx Corp., is the largest independent less-than-truckload (LTL
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Goldman Sachs: Slower Inflation Is the Best Path to Lower US Government Bond Yields
Goldman Sachs: Slower Inflation Is the Best Path to Lower US Government Bond Yields
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Goldman Sachs Enters India's Government Equity Sale Market, Breaking Long-Standing Dominance of Local Financial Giants
Goldman Sachs Group is entering the Indian government's equity sale arena, a domain long exclusive to local financial giants. This marks Goldman Sachs' first underwriting of a government deal since 20
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South Korean stocks saw a net outflow of $22.9 billion in foreign capital in July, with British investors leading the sell-off, while U.S. funds continued to buy.
Foreign investors net sold 31.7 trillion won (approximately $22.9 billion) worth of listed stocks in July, marking the seventh consecutive month of net selling, according to data released by South Kor
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Hui Ka Yan, founder of China Evergrande, has been sentenced to life imprisonment by a Shenzhen court and fined 8.82 billion yuan (approximately 1.31 billion US dollars).
The ruling marks a symbolic end to the era of runaway growth in China's real estate sector.
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Goldman, JPMorgan Are Among Most Bullish on Europe
Goldman, JPMorgan Are Among Most Bullish on Europe
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Sfakianakis: Iran Misjudges US Willingness for Long War
Sfakianakis: Iran Misjudges US Willingness for Long War
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South Korean Lawmakers Propose Expanding FIU Powers to Investigate Unregistered Crypto Firms and Refer Them Directly to Law Enforcement
South Korean Lawmakers Propose Expanding FIU Powers to Investigate Unregistered Crypto Firms and Refer Them Directly to Law Enforcement
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Iran's oil supply to Chinese refineries is rapidly depleting due to U.S. sanctions.
Bloomberg reported that Iranian oil available to Chinese buyers is rapidly depleting, indicating that the U.S. blockade of Iranian ports has effectively cut off Tehran's revenue.
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Goldman Sachs: Hedge Funds Underperformed S&P 500 in July, Worst in Over 20 Years
Goldman Sachs strategists stated that hedge funds underperformed the S&P 500 in July, marking their worst single-month performance in over two decades, primarily due to the fading momentum of AI. The
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Indonesia seeks expanded joint military exercises with China
Indonesian Defense Minister Sjafrie Sjamsoeddin called for broader and more intensive joint military exercises with China during a bilateral meeting with his Chinese counterpart, Adm. Dong Jun, in Jak
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Bloomberg: Asia's emerging market small-cap AI companies led gains this month, as investors shifted from chip giants to data center-related small-caps, with some surging as much as 90%.
Bloomberg reported that the rally in emerging market technology stocks is spreading to new companies, as investors shift their focus from chip manufacturing giants to smaller firms powering data cente
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Ukraine seeks Elon Musk's help to use Starlink-equipped drones to strike Russian missile launchers up to 200km inside Russia
Ukraine seeks Elon Musk's help to use Starlink-equipped drones to strike Russian missile launchers up to 200km inside Russia
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Samsung Electronics' labor union plans to hold a rally in Seoul on Friday afternoon to protest the widening pay gap with its semiconductor division.
The union primarily represents employees in Samsung's consumer device business, with its members concentrated in the Device eXperience (DX) division. The rally takes place against a backdrop where an
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Economists warn Taiwan's AI-fueled 11.05% GDP growth forecast for 2026 is likely unsustainable, citing risks from capex slowdowns and semiconductor concentration
Taiwan's statistics agency recently projected an 11.05% GDP growth for 2026, an increase from its 9.64% forecast in May. However, economists from Maybank, Tiger Fund Management, BMI, EIU, and UOB sugg
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Australian bond futures positions near record high on hedging demand
Australian bond futures positions near record high on hedging demand
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South Korea to launch 'Future Fund' with AI boom's 'windfall revenue'
South Korea's budget ministry announced Friday that it will launch the "Future Fund" to promote long-term economic growth. The fund will be financed by what the government calls "windfall revenue" fro
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China's National Bureau of Statistics: The total output of early rice nationwide in 2026 was 28.292 million tons, a year-on-year decrease of 0.8%.
According to data released by the National Bureau of Statistics, the national per-unit area yield of early rice in 2026 was 5963.4 kg/hectare, a decrease of 48.5 kg/hectare or 0.8% compared to 2025; t
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AI helps Southeast Asia-based scammers cut costs, leading to wider spread of cross-border crimes
The use of artificial intelligence is facilitating the spread of fraud and other cross-border crimes in Southeast Asia. US-driven clampdowns are prompting these fraud groups to relocate from countries
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South Korea's KOSPI index opened down 1.35% on Friday, then narrowed its losses to 0.31%, closing at 6,831.53 points, dragged down by a renewed rise in US Treasury yields and higher oil prices.
U.S. government bond yields resumed their rise on Thursday, reversing some of the previous day's declines, after the U.S. Treasury announced an expansion of bond buybacks.
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South Korea's Exports Jumped 56% in Early August, Driven by Strong Chip Shipments
South Korea's exports surged 56% from a year earlier over the first 20 days of August, reaching $55.2 billion, customs data showed. This marks the highest level for the 20-day period for any August, w
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South Korea's producer prices in July fell 0.4% for the first time in 11 months, due to lower oil prices.
South Korea's central bank data shows that the Producer Price Index in July fell by 0.4% month-on-month, the first monthly decline since August 2025. This was mainly driven by falling global crude oil
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Donald Trump vows 'economic D-Day' on Iran, threatens 'massive' economic consequences for countries doing business with it
US Treasury Secretary Scott Bessent stated that the United States will take action against any country deemed to be providing a lifeline to Iran, and will announce the specific mechanisms for new econ
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Changpeng Zhao: Supports tokenization on all blockchains, believes it's the best way for nations to raise funds and attract foreign direct investment
He pointed out that although tokenization brings about the problem of "fragmented liquidity," it is the fastest way to drive industry growth and can be partially solved by improving interoperability b
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Japan's headline inflation hit 1.9% in July, highest this year, driven by energy prices due to the Iran war
Core inflation, which excludes fresh food but includes energy, rose 1.8%, in line with expectations. Wholesale inflation also surged to 7.2% in July, with electricity charges being the largest contrib
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