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Nick Timiraos reports that Trump has sought counsel from Warsh on how the war in Iran and the rapid rise of artificial intelligence are affecting the economy.
Nick Timiraos reports that Trump has sought counsel from Warsh on how the war in Iran and the rapid rise of artificial intelligence are affecting the economy.
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SF Fed President Mary Daly to present a bimodal outlook, stating her base case (scenario one) remains but a second scenario is gaining ground, and explains July's Fed inaction was about asse
Nick Timiraos reported that San Francisco Fed President Mary Daly will deliver a speech tonight (Thursday morning in Tokyo time) outlining a bimodal economic outlook. Daly indicated that while scenari
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Analysis points out that on August 5, spot gold surged by $188 (4.48%) in a single day to $4246.79/ounce, primarily triggered by short covering from systematic trend-following funds (CTA), with macro signals serving only as a catalyst.
Wall Street Insights analysis suggests that this surge was the largest single-day gain since February and the highest closing price since June 18. On a macro level, the ADP July new jobs report was mu
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Goldman Sachs Comments on SanDisk and Western Digital Earnings: Strong Performance but Overly High Market Expectations, Stock Prices Expected to Face Downward Pressure
A report released by the Goldman Sachs James Schneider team on August 5 pointed out that SanDisk and Western Digital's latest quarterly financial reports showed strong performance, with revenue, gross
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Spot gold surged 4.20% overnight to $4308, marking its largest single-day gain in five months.
This round of increases was mainly driven by multiple factors, including former US President Donald Trump's statement on reopening negotiations for the Strait of Hormuz, global central banks' better-t
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California's Wealthy Increase Applications for New Zealand 'Golden Visas' After Rules Eased
The visas grant indefinite rights to work, live, and study in New Zealand.
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Indonesia's President Prabowo Subianto's commodity export control plan faces conflicting visions
More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency charged with carrying out the proposal is caught between competing
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China’s Cheap AI Is Shifting Investors’ Focus to Internet Stocks, Market Participants Say
Market participants indicate that China's rapid progress in low-cost artificial intelligence is strengthening the investment case for the country's internet giants, which had previously been overshado
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Federal Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases, Allegedly Denying Over $100 Million in Customer Reimbursements
据知情人士透露，美国联邦检察官今年早些时候审查了针对摩根大通的举报人指控，称该行高管忽视了其反欺诈计划的缺陷，并涉嫌不当拒绝向金融诈骗受害者客户支付超过1亿美元的赔偿。这些指控源于摩根大通前诈骗预防主管去年提交的一份举报报告，曼哈顿的美国检察官办公室和财政部代表曾与该举报人会面并收到了相关文件。
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US Senate confirms Dr. Erica Schwartz as new CDC chief in 51-44 vote, facing agency turmoil and public health crises
The confirmation makes Schwartz the first confirmed director of the Centers for Disease Control and Prevention since the Trump administration fired Susan Monarez last year. Schwartz, who holds medical
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Meta's AI model allegedly accessed the internet and hacked a company.
Meta's AI model allegedly accessed the internet and hacked a company.
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JPMorgan Chase said that, based on an assessment of preliminary hedge fund data for the technology, media, and telecom stock sector, tech stock trading may be more reliant on retail investors and more volatile after a sharp decline in July.
JPMorgan Chase said that, based on an assessment of preliminary hedge fund data for the technology, media, and telecom stock sector, tech stock trading may be more reliant on retail investors and more
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Asian stocks are set to fall as AI frenzy cools and focus shifts to Strait of Hormuz developments
Asian stocks are poised to decline on Thursday (local time) as investors digest previous gains in technology shares and closely monitor for signs of progress on a deal to reopen the Strait of Hormuz,
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Block lays off 40% of staff to focus on AI, executives say move is paying off and company is delivering products faster
Following the company's better-than-expected earnings report, an executive stated that through these layoffs, Block is now able to "deliver higher quality products faster."
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Trump states that Iran cannot have a nuclear weapon
Trump states that Iran cannot have a nuclear weapon
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Donald Trump says: We love Elon
Donald Trump says: We love Elon
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Hedge Funds Take Big Hit in July After Bruising AI Selloff
A spate of well-known hedge funds reported steep losses in July as AI shares tumbled.
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US crude oil exports have dropped amid stretched inventories and flat production, with the Strategic Petroleum Reserve falling to a 43-year low.
The decline in exports is also attributed to continuing uncertainty over the Iran conflict, potentially impacting importers like Japan that had sought alternatives to Middle East procurement.
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SpaceX increased Tesla Megapack purchases to $295 million in Q2 2026, totaling $329 million for the half-year, to power its AI data centers
SpaceX's financial filings revealed the company spent $295 million on Tesla Megapack battery energy storage systems in the second quarter ending June 30, 2026. These purchases bring SpaceX's total spe
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MarketWatch analysis suggests aggressive options trading drove the S&P 500's recent rally, indicating the advance may be more mechanical and driven by options positioning rather than improve
MarketWatch analysis suggests aggressive options trading drove the S&P 500's recent rally, indicating the advance may be more mechanical and driven by options positioning rather than improved fundamen
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Meta launches its first AI programming agent, Muse Code, priced significantly lower than competitors, with output fees as low as $0.20 per million tokens.
Meta officially launched its first AI programming agent, Muse Code, on August 5th, aiming to challenge competitors like Anthropic and OpenAI. Led by Meta AI head Alexandr Wang, this product is designe
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U.S. Stocks Mixed: Dow Rises 0.49% to Record High, S&P 500 Falls 0.17%, Nasdaq Drops 0.83%
美股收盘涨跌互现，道琼斯工业平均指数上涨263.24点，涨幅0.49%，创下54349.12点的历史新高。然而，标普500指数下跌12.97点，跌幅0.17%，至7723.55点；科技股为主的纳斯达克综合指数下跌221.55点，跌幅0.83%，至26363.44点。市场对霍尔木兹海峡重新开放的乐观情绪被人工智能相关押注的波动性所抵消。
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Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
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Indian activist Sonam Wangchuk tells BBC that youth protests have "terribly" weakened Prime Minister Narendra Modi
Wangchuk, whose hunger strike galvanized the movement, noted that the protests, dubbed the "cockroach" movement, led to the education minister's resignation on July 25. He pointed to the governing BJP
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Russian double-tap drone strike kills 14, injures 121 in Ukrainian mall, with second wave targeting emergency workers
Russian double-tap drone strike kills 14, injures 121 in Ukrainian mall, with second wave targeting emergency workers
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Canada Tariff Deadline Nears; Ex-US Trade Official Predicts Mexico Will Seek Similar Relief
Sarah Bianchi, senior managing director at Evercore ISI and former US deputy trade representative, discussed the upcoming tariff deadline, stating that after the US strikes a tariff deal with Canada,
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SEC Accuses Former BofA Senior Banker Jason Satsky of Insider Trading, Alleging Friend Made $18.5 Million in Illegal Profits
The US Securities and Exchange Commission (SEC) sued Satsky and his friend Gavin Wolfe on Friday, alleging Satsky provided a tip about an acquisition offer for South Jersey Industries Inc. during a No
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Anthropic early investor Anjney Midha criticized traditional venture capital firms for failing to seize the opportunity of the AI revolution, thereby letting down investors.
Anthropic early investor Anjney Midha says traditional venture capital firms have failed investors by missing the AI revolution. This comes as AI spending accelerates, Broadcom seeks a debt deal as la
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Allspring Global Investments' Ann Miletti views Jackson Hole Symposium as a greater near-term market risk than Nvidia earnings
Allspring Global Investments' Ann Miletti views Jackson Hole Symposium as a greater near-term market risk than Nvidia earnings
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Donald Trump retweeted Schoenlaw's tweet, stating that he had warned Iran and was now making good on that warning, accusing Iran of being the world's number one sponsor of terrorism.
Donald Trump retweeted Schoenlaw's tweet, stating that he had warned Iran and was now making good on that warning, accusing Iran of being the world's number one sponsor of terrorism.
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German intelligence services say a weapons cache discovered last year was likely intended for a Russian assassination plot, and are investigating a Romanian suspect.
German intelligence services stated that a weapons cache discovered last year in a forest near Berlin is believed to have been intended for Russian assassination missions. German federal prosecutors a
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Scott Bessent ends tax breaks for illegal immigrants in a move seen as the "Donald Trump effect"
US politician Scott Bessent (Bessent) has terminated tax breaks for illegal immigrants. This action has been interpreted by his supporters as a manifestation of the "Donald Trump effect," aligning wit
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Donald Trump Rallies on Long Island for Blakeman, Praises Law Enforcement, Says "America's Golden Age is Coming"
Donald Trump Rallies on Long Island for Blakeman, Praises Law Enforcement, Says "America's Golden Age is Coming"
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Palantir shares rose 4% to $181.25 on Friday, driven by U.S. federal AI spending demand, BigBear.ai rose 4% to $3.20, and ServiceNow shares were flat.
The U.S. Department of Defense's FY2027 budget request includes $58.5 billion for AI investments, with $46 billion allocated to a sovereign AI arsenal. This factor has supported the stock performance
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Trump Shares Scott Bessent's View: Trump Fixed Biden's 'Mess,' Economy Is Rising
Former President Donald Trump shared Scott Bessent's view on Truth Social, stating that Trump had fixed President Biden's "mess" and the economy is now rising.
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Patterson, a senior fellow at the Council on Foreign Foreign Relations, said the bond market's volatility was not surprising.
Rebecca Patterson, a senior fellow at the Council on Foreign Relations, discussed the impact of bond market volatility on retail investors on "Bloomberg Money," noting that these fluctuations are not
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Americans' Tax Refunds Increased by $43 Billion This Year
Americans' Tax Refunds Increased by $43 Billion This Year
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24/7 Wall St. analysts rate Broadcom (AVGO) as a Buy with a $403 price target, expecting its AI revenue to exceed $100 billion in fiscal year 2027
Analysts noted that Broadcom's Q2 revenue reached $22.19 billion, a 47.87% year-over-year increase, with AI semiconductor revenue at $10.8 billion, up 143% year-over-year. Company management expects A
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Tesla shares rose after Nevada approved Tesla, Uber, and Waymo to deploy up to 7,000 robotaxis in Clark County
Tesla shares rose after Nevada approved Tesla, Uber, and Waymo to deploy up to 7,000 robotaxis in Clark County
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US intends to pay $725 million towards its U.N. debt, congressional document shows
US intends to pay $725 million towards its U.N. debt, congressional document shows
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Ukraine sanctions popular Russian cartoon ‘Masha and the Bear’, accusing it of spreading 'pro-Russian propaganda'
Ukrainian President Volodymyr Zelenskyy signed a decree imposing sanctions on the producers and distributors of the animated series, including its studio Animaccord. Ukrainian Culture Minister Tetyana
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Experts warn the U.S. could risk losing General Assembly voting rights in January without further payments.
Experts warn the U.S. could risk losing General Assembly voting rights in January without further payments.
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Billionaire investor Chamath Palihapitiya claims AI has made "zero contribution" to the earnings growth of Global 2000 companies, sparking concern on the eve of NVIDIA's earnings report.
Parihkapitiya made these remarks on August 20, questioning the actual impact of AI on corporate profitability, despite Microsoft's AI business achieving an annualized revenue of $37 billion, a 123% ye
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U.S. Trump Administration Begins Transferring $725 Million to United Nations
The payment, made ahead of President Trump's expected U.N. speech next month, represents less than 20% of the over $4 billion the U.N. says Washington owes. The funds could temporarily ease the U.N.'s
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NEW YORK FED RAISES Q3 2026 GDP GROWTH FORECAST TO 2.3% FROM 2.14%
The New York Fed's upgrade was driven by stronger-than-expected building permits and the Philadelphia Fed Manufacturing Survey. The Fed sees a 50% probability range of 1.1%–3.4%, while the wider 80% r
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Elon Musk retweeted a SpaceX tweet stating that the Falcon 9 rocket launched 29 Starlink satellites from Florida.
Elon Musk retweeted a SpaceX tweet stating that the Falcon 9 rocket launched 29 Starlink satellites from Florida.
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Elon Musk转发ARK Invest推文称，SpaceXAI上周发布的Grok 4.6模型在性能和成本上重回AI前沿竞争，尤其在AI代理任务上，估计每任务成本为$0.84
Elon Musk转发ARK Invest推文称，SpaceXAI上周发布的Grok 4.6模型在性能和成本上重回AI前沿竞争，尤其在AI代理任务上，估计每任务成本为$0.84
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Elon Musk reposts cb_doge's tweet stating Starlink is 'taking over' aviation, with airlines increasingly partnering due to risk of losing passengers to competitors
Elon Musk reposted a tweet from cb_doge, which claims Starlink is dominating the aviation sector. The tweet highlights a surge in airlines announcing deals with Starlink, attributing this trend to the
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Macro
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50 million USDC has been minted on-chain, valued at approximately $50 million.
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