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Vanguard Muni Bond Head Paul Malloy Departs Investment Titan After Over Two Decades, Overseeing ~$300 Billion in Assets
Paul Malloy, who oversaw roughly $300 billion in municipal assets at investment titan Vanguard Group, has left the firm after over two decades.
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Japan's Nikkei Stock Average gained over 2,000 points on Wednesday, but investors remain cautious due to its increasing link to the volatile South Korean market.
Japan's Nikkei Stock Average gained over 2,000 points on Wednesday, but investors remain cautious due to its increasing link to the volatile South Korean market.
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Western Union rolls out Stablecard for stablecoin remittances on Visa network in 37 markets
The remittance giant's new service aims to facilitate cross-border payments and provide consumers in volatile economies with US dollar-denominated savings options.
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Sandisk (SNDK) stock holds steady ahead of its fiscal fourth quarter earnings on Wednesday, with analysts expecting adjusted EPS of $34.37 and revenue of $8.64 billion, as the AI infrastruct
Sandisk (SNDK) stock holds steady ahead of its fiscal fourth quarter earnings on Wednesday, with analysts expecting adjusted EPS of $34.37 and revenue of $8.64 billion, as the AI infrastructure benefi
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EMCOR and Quanta Services reported strong second-quarter results, with EMCOR's revenue reaching $5.15 billion and backlog orders totaling $17.14 billion, while Quanta's revenue hit $9.56 billion. The companies' stock prices rose by 18% and 14% respectively, highlighting the demand for AI infrastructure construction.
Professional engineering and contracting companies EMCOR Group and Quanta Services reported strong second-quarter 2026 results, indicating robust demand for artificial intelligence (AI) infrastructure
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Amazon to share $600 million in Trump tariff refunds with select customers, CFO says company absorbed most tariff costs
Amazon CFO Brian Olsavsky stated in an earnings call that the company received $600 million in tariff refunds following a Supreme Court ruling that struck down former President Trump's tariffs. Amazon
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HPE, IBD Stock Of The Day, Tests Buy Point As AI Drives Growth
HPE, IBD Stock Of The Day, Tests Buy Point As AI Drives Growth
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Roundhill Investments, known for its blockbuster DRAM memory chip ETF, is launching a new AI-themed ETF (LYTE) focused on photonics and optics technology this Thursday.
The new Roundhill Photonics and Optics ETF (LYTE) aims to capitalize on the growing demand for optical networking in AI data centers, which uses light pulses for faster, more energy-efficient data tra
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Lam Research shares surged ~20% after reporting Q2 EPS of $1.82 (vs. $1.70 expected) and strong next-quarter guidance of $2.15 (vs. $1.84 expected).
Analyst Eric Bleeker noted that while the quarter was solid, the stock's jump was largely a rebound from July's sell-off. He views the valuation as high, trading at over 30 times forward earnings, and
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NVIDIA invested $10.4 million in biotech company Generate Biomedicines through its venture capital arm NVentures, making it one of NVIDIA's top five holdings.
NVIDIA invested $10.4 million in biotech company Generate Biomedicines through its venture capital arm NVentures, making it one of NVIDIA's top five holdings.
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Anthropic CEO reportedly worries new hires are only in it for the money, but the company recruits event planners at 6 times the industry average salary.
Anthropic CEO Dario Amodei is reportedly concerned that new talent joining the company is motivated by money rather than its mission. However, a brand marketing campaign lead position at the company o
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Google's AI divisions undergo reshuffle; Chief Scientist Jeff Dean departs after 27 years to launch own company, while DeepMind CEO Demis Hassabis moves to chairman role
谷歌周三宣布，其人工智能部门正在进行重组。首席科学家杰夫·迪恩在公司任职27年后离职，将创办自己的公司，谷歌将对其进行投资。此外，谷歌DeepMind首席执行官德米斯·哈萨比斯将转任该部门主席，DeepMind首席技术官科雷·卡武库奥卢将接管人工智能部门的日常领导工作，并负责开发下一代AI模型Gemini 4。
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The White House stated that the Donald Trump administration achieved significant success in Nevada, attracting massive investments such as $600 billion from Apple and $340 billion from Amazon.
The White House announcement stated that since President Donald Trump returned to office, his administration and Republican leadership have delivered several significant achievements for Nevada. These
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S&P 500 surges over 6% in past five days, marking its biggest gain since last year's tariff tantrum.
The rapid comeback follows a challenging period for high-flying momentum names, with the iShares Semiconductor ETF (SOXX) having fallen 21.2% in July, its largest monthly drop in over 20 years. Goldma
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Major hedge funds including Citadel, Point72 and Two Sigma were targeted in a wave of attempted cyberattacks using AI-powered voice phishing; Two Sigma stated it successfully blocked the att
Cybersecurity experts warn that AI is making large-scale attacks cheaper and easier, raising risks across the financial industry.
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Bank of America says S&P 500 has hit its 2026 target of 7,741, with technical indicators suggesting a potential rally extension towards 8,000-8,541
Bank of America (BOFA) stated that the S&P 500 has reached its 2026 target of 7,741. Technical indicators suggest the rally could extend towards 8,000, 8,234, and potentially 8,541. The bank identifie
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24/7 Wall St. analysts gave onsemi (ON) a "buy" rating with a price target of $115, expecting its AI data center revenue to double by 2026.
Analysts have set a price target of $115.02 for ON Semiconductor (ON), implying a 43.05% upside from its current price of $80.40, with a 90% confidence level. This rating is based on the company's pro
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Wells Fargo CEO Charlie Scharf states AI will eliminate tens of thousands of jobs at the bank, but remains optimistic about consumer strength
Scharf noted that while the bank's headcount has already decreased by 79,000 since he joined due to restructuring, AI automation will lead to a separate wave of significant job reductions. Despite thi
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Nextech3D.ai partners with F2B Services to expand AI-powered event technology business
The partnership aims to combine Nextech3D.ai's expertise in artificial intelligence and event technology with F2B's capabilities in LED display systems. They will collaborate on LED display installati
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Municipal-bond market on pace for third straight record year of issuance
While geopolitical and monetary policy concerns have pushed global nominal yields higher, municipal bond technicals remain strong, helping the market easily digest record issuance. Nisha Patel, Senior
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Yahoo Finance analysis suggests Bitcoin could reach new highs in next three years, citing upcoming halving and potential Fed rate cuts
An analysis published on Yahoo Finance (originally by The Motley Fool) projects that Bitcoin could reach new highs over the next three years. The report notes Bitcoin's current price at approximately
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Uber (UBER) Q3 booking guidance misses expectations, stock falls 4%; CEO bets on robotaxis to drive overall business growth
Uber announced its second-quarter results, with bookings and profit exceeding expectations. However, its third-quarter gross bookings guidance of $58.25 billion to $60.25 billion, with a midpoint of $
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NVIDIA Reports Q2 Revenue of $81.6 Billion, Up 85% YoY, With B200 Systems Sold Out, Yet Stock Sits 28% Below 52-Week High
英伟达（NVIDIA）公布第二季度营收达816.15亿美元，同比增长85.23%，其B200系统已全部售罄。尽管业绩强劲，公司股价目前为211.94美元，较52周高点236.26美元下跌约28%。CEO Jensen Huang表示，AI工厂的建设正以非凡速度加速。分析师共识目标价为302.83美元，认为英伟达股价有望在2027年前达到300美元，这需要41.5%的涨幅。
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Yellen stated that inflation remains a key challenge, the U.S. labor market is performing well, and the Middle East conflict has a limited economic impact.
Former US Treasury Secretary and Federal Reserve Chair Janet Yellen stated that the US labor market is functioning well and is no longer overheating to the point of fueling inflation. She added that s
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Micron Technology Unveils $10 Billion AI Memory Research Lab in Boise to Advance Memory Technologies Over Next Decade
The Micron Research Labs, headquartered in Boise, Idaho, is described as the first dedicated memory research hub of its kind in the United States. The company plans to begin construction on the Boise
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Motley Fool Analyst: Amazon AWS Q2 Backlog Reaches $496 Billion, Highlighting Strong Demand and Insufficient Supply
Motley Fool analysts point out that Amazon's cloud computing division, Amazon Web Services (AWS), had a backlog of $496 billion at the end of the second quarter. The analysis suggests that this figure
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Apple CEO Tim Cook to step down in September, hardware chief John Ternus to take over; Wall Street expects new CEO to focus on more product innovation to adapt to the AI era
Apple CEO Tim Cook will step down in September, to be replaced by hardware chief John Ternus. Wall Street expects Ternus to adopt a different strategy, focusing on more product innovation to adapt to
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Bitcoin surges past $72,000 after Trump's pro-crypto pledge and US Treasury's bond buyback announcement
Bitcoin surpassed $72,000 for the first time since June 1, driven by two key developments. First, the US Treasury announced it would at least double longer-term government bond buybacks to increase ma
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Vanguard releases private equity allocation framework, recommends allocation range of 0% to 40% of equity exposure for ultra-high-net-worth investors, and warns of illiquidity and high costs.
Vanguard released an investor allocation framework on August 14, expressing caution about the role of private equity in workplace retirement plans. This follows former U.S. President Donald Trump sign
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U.S. Social Security Administration (SSA) Union Workers Demand Congress Restore Approximately $3 Billion in Funding and Hire 20,000 More Employees
The American Federation of Government Employees (AFGE) stated that these funds had been lost due to budget cuts, and the increased hiring aims to boost the workforce by approximately 40% from current
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U.S.-Canada Preliminary Trade Agreement: U.S. to Reduce Tariffs on Canadian Steel and Aluminum to 25%, and on Automobiles to 15%
According to informed sources, the preliminary trade agreement reached between the United States and Canada will reduce tariffs on Canadian steel and aluminum exports to 25%, and cut tariffs on Canadi
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Billionaire Stanley Druckenmiller's Duquesne family office bought $128 million worth of Argentina's YPF stock in Q1 and increased its holdings in Mexico's BBB Foods and an Argentina ETF.
Duquesne Family Office purchased $128 million worth of shares in Argentina's state-owned oil producer YPF SA in the first quarter of 2026, while also increasing its holdings in Mexican discount grocer
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Strategist Mark Connors: Treasury Buybacks Could Drive Bitcoin to $180,000
Longtime bond market investor Mark Connors believes routine government bond buybacks will improve liquidity, bringing bitcoin's next rally closer.
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Meta is launching its AI-powered "vibe-code" game app Pocket in the US market, following testing in Brazil.
This experimental app allows users to generate small interactive games via AI prompts, which can then be shared, saved, or remixed. This move is Meta's latest effort to mainstream AI creation tools, f
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New poll shows 64% of Americans believe Donald Trump family's crypto investments are inappropriate
A new poll of 1,166 Americans shows a clear partisan divide in public opinion on the matter, with most Republicans believing it is appropriate for Donald Trump and his family to invest in cryptocurren
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Veteran bond investor Scott Colbert warns that corporate bond prices are too high, the risk-reward is no longer reasonable, and investors should not be overly greedy.
Scott Colbert, head of fixed income at Commerce Bank, said that while he expects the economy to accelerate in the coming months, corporate debt has become too expensive, with an extremely low toleranc
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Bitcoin price reaches new multimonth highs above $72,500 as US issues ‘Economic D-Day’ threat to Iran
Bitcoin price reaches new multimonth highs above $72,500 as US issues ‘Economic D-Day’ threat to Iran
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Jim Cramer Calls Micron, Western Digital, and Two Other Memory Chip Stocks "Indispensable," Says Investors "Can't Miss" Them as AI Demand Soars
The financial commentator pointed out that AI is driving storage chip stocks to soar, quoting Elon Musk's view that "memory has become the bottleneck." Cramer believes that although the storage chip m
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Billionaire David Tepper's Appaloosa Management Increased Holdings in Amazon, Meta, Google, and NVIDIA Stocks in Q2
Billionaire investor David Tepper's Appaloosa Management aggressively increased its holdings in "Magnificent Seven" stocks such as Amazon, Meta Platforms, Google, and NVIDIA during the second quarter.
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Meta significantly lags behind Google, Microsoft, and Amazon in AI market capitalization, while private AI competitor Anthropic's valuation may be approaching Meta's.
Meta is reportedly underperforming other tech giants in the AI market. The company's current market capitalization is approximately $1.39 trillion, significantly lower than Google ($4.19 trillion), Mi
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CoinDesk Analysis: Banks are putting deposits on-chain through a permissioned system, with JPMorgan Chase launching JPMD to meet privacy and compliance requirements
CoinDesk analysis indicates that banks are putting deposits on-chain, but are choosing permissioned systems over open ones to meet privacy and compliance requirements. For example, JPMorgan Chase has
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The Federal Reserve announced the termination of its enforcement action against Deutsche Bank AG and its U.S. operations.
The Federal Reserve announced on August 20 that it had terminated, on August 13, the consent cease and desist order against Deutsche Bank AG, DB USA Corporation, and Deutsche Bank’s New York branch th
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Federal Reserve Board Issues Prohibition Orders Against Former Regions Bank and United Community Bank Employees for Misappropriating Customer Funds
Federal Reserve Board Issues Prohibition Orders Against Former Regions Bank and United Community Bank Employees for Misappropriating Customer Funds
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BNP Paribas' Guneet Dhingra Warns US Treasury's Unpredictable Debt Strategy Risks Higher Borrowing Costs, Citing a 'K-Shaped Bond Market'
Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, stated that the lack of predictability in the US Treasury’s debt management strategy could ultimately lead to increased borrowing costs, drawi
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Madison Large Cap Fund highlights Keysight Technologies (KEYS) in Q2 2026 letter, noting 31% revenue growth to $1.72 billion driven by AI use cases
In its second-quarter 2026 investor letter, Madison Large Cap Fund stated that Keysight Technologies, Inc. (KEYS) reported strong quarterly results and an even better outlook. The company's revenue gr
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Madison Investments: Google parent Alphabet's Q2 results were strong, with search revenue growing by double digits and cloud revenue up over 60%
Madison Investments noted in its Q2 2026 investor letter that Google parent company Alphabet (GOOG) was a major contributor to its performance, driven by strong results in its search and cloud busines
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Egypt maintains interest rates for fourth consecutive time as Iran war sees no end
Egypt maintains interest rates for fourth consecutive time as Iran war sees no end
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Madison Large Cap Fund: Intercontinental Exchange (ICE) Delivers Strong Performance, Misidentified by Market as an "AI Loser"
In its Q2 2026 investor letter, the Madison Large Cap Fund stated that Intercontinental Exchange (ICE), as an operator of leading financial exchanges and ancillary data products, delivered strong resu
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Macro
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Ping An of China's H1 profit rises 36% to 92.6 billion yuan, boosted by China's stock market rally
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Exxon Warns Kazakhstan's Top Oil Field Output to Peak Within Years, Followed by Sharp Decline
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TAO (Bittensor) recorded a trading volume of $2.3 million in the past hour (14.7 times its 7-day average for the same period), currently trading at $212.000.
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