Macro
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Salesforce CEO Marc Benioff calls Wall Street's fears that AI will "kill" Salesforce "dead wrong," despite CRM stock falling over 30% this year.
Benioff stated that Salesforce has rebuilt itself around the concept of the "agentic enterprise," where AI agents perform work and humans provide judgment. He noted that the company delivered 2.4 bill
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Donald Trump dismisses reports questioning Defense Secretary Hegseth as "totally false" and reiterates full confidence in him
Donald Trump praised Hegseth's leadership, crediting him with success in strengthening military recruitment, eliminating diversity, equity, and inclusion (DEI) initiatives, and recent US actions in Ve
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Israeli prosecutors charge settler with manslaughter over killing of Palestinian activist Awdah Hathaleen
Israeli prosecutors have filed charges in a district court against Yinon Levi, the first Israeli to be indicted for killing a Palestinian in over seven years. Hathaleen was killed in July 2025 in the
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AAII Investor Sentiment Turns More Bullish After Fed Pause, Bullish Sentiment Rises to 37.0% and Bull-Bear Spread Improves to -0.9%
AAII Investor Sentiment Turns More Bullish After Fed Pause, Bullish Sentiment Rises to 37.0% and Bull-Bear Spread Improves to -0.9%. Bearish sentiment fell 4.1 percentage points to 38.0%, while neutra
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Thailand Confirms 0% Capital Gains Tax on Bitcoin & Crypto
Thailand Confirms 0% Capital Gains Tax on Bitcoin & Crypto
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Bank of America downplays China's threat to Micron's AI business, reiterating Buy rating and $1,550 price target
Bank of America (BofA) analyst Vivek Arya reiterated a Buy rating on Micron Technology (MU) on August 3rd, maintaining a $1,550 price objective, after Micron shares dropped in late July following a Ch
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Bitcoin price remains below $65K as US PMI data sparks new 'stagflation' warning
Bitcoin price remains below $65K as US PMI data sparks new 'stagflation' warning
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Bank of America Warns Fed Chair Warsh Faces 'Credibility Shock' After FOMC Split Decision
Bank of America cautioned that Federal Reserve Chair Kevin Warsh is facing an emerging-market-style "credibility shock" following the FOMC's 9-3 split decision to hold the fed funds upper bound at 3.7
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U.S. Senator Elizabeth Warren questioned the Federal Reserve's upcoming adjustment to its PCE inflation measurement method, which could lower reported inflation by about 0.2 percentage points.
U.S. Senator Elizabeth Warren is seeking details on upcoming adjustments to the Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures (PCE) price index. The new metho
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Donald Trump and Treasury Secretary Besant explained last week's historic joint yen intervention as a friendly gesture, but analysts believe the move was aimed at protecting the US Treasury market
Donald Trump and Treasury Secretary Scott Bessent explained last week's unprecedented joint intervention to support the yen as a friendly gesture to an ally. However, Wall Street analysts noted that t
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Donald Trump endorses Matt Van Epps for re-election in Tennessee's 7th Congressional District Republican Primary, which is being held today.
Donald Trump endorses Matt Van Epps for re-election in Tennessee's 7th Congressional District Republican Primary, which is being held today.
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Donald Trump posted on Truth Social, announcing his "complete and total endorsement" of Congressman Andy Ogles in his bid for re-election in the Republican primary for Tennessee's 5th Congressional District, which is scheduled to take place today.
Donald Trump posted on Truth Social, announcing his "complete and total endorsement" of Congressman Andy Ogles in his bid for re-election in the Republican primary for Tennessee's 5th Congressional Di
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Donald Trump endorses Congressman Scott DesJarlais for re-election in Tennessee's 4th Congressional District Republican Primary, with Election Day scheduled for today.
Trump stated that DesJarlais is a strong advocate for American agriculture and is working to grow the economy, cut taxes and regulations, promote "MADE IN THE U.S.A.", and strengthen the military, amo
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Donald Trump endorses Congresswoman Diana Harshbarger for re-election in Tennessee's 1st Congressional District, ahead of today's Republican Primary
Donald Trump endorses Congresswoman Diana Harshbarger for re-election in Tennessee's 1st Congressional District, ahead of today's Republican Primary
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Analysis suggests Intel stock could fall significantly, even without a market crash, due to its own operational challenges
Analysis suggests that Intel's (Intel) stock price could fall significantly, even by nearly half, without waiting for a market crash. The analysis notes that Intel's stock is currently around $101, do
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Iron ore giant Radiant World is suspected of forging documents, Deutsche Bank freezes accounts, and Rio Tinto Vale stops new collaborations.
Radiant World, one of the world's largest iron ore traders, is facing an escalating crisis. According to informed sources, Deutsche Bank and KBC Group have frozen some of its bank accounts, and multip
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Oil jumps to intraday high, Brent crude trades above $82/bbl
Oil jumps to intraday high, Brent crude trades above $82/bbl
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The Donald Trump administration has launched a new website, fraud.gov, to track its anti-fraud efforts, and the White House Fraud Elimination Task Force has recovered nearly $230 billion in fraud and prevented $56 billion in fraudulent payments.
The White House's Fraud Enforcement Task Force has enforced over $55 billion through prosecutions, settlements, and civil penalties, and secured hundreds of prosecutions and convictions. This website
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Wall Street Analysts Project Meta Could See 70% Gains in 12 Months
Despite Meta Platforms' Q2 EPS missing estimates by 14% and free cash flow collapsing 91%, 55 out of 62 covering analysts still hold Buy ratings. The average 12-month price target for Meta is $768.58,
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Tesla shares fell 26% in July, marking their largest monthly drop in over three years, due to declining profitability and increased investor skepticism about its AI vision.
Tesla's stock price fell 26% in July, its largest monthly decline since December 2022. Analysis indicates that despite Tesla CEO Elon Musk positioning the company as an artificial intelligence technol
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Iran's Parliament Reviews Draft Bill to Tighten Hormuz Transit Rules, Proposing Ban on US and Israel-Linked Vessels
The proposed legislation, currently under review and not yet approved, includes measures to block military and civilian cargo tied to Israel, restrict ships linked to actions against the "Axis of Resi
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Argentina's Vaca Muerta Shale Oil Output Reached Record High in May 2026, Comprising 71% of Total Production in June
Argentina's Vaca Muerta shale formation has seen its unconventional oil and natural gas output reach record levels, significantly enhancing energy security across the Americas. In May 2026, shale oil
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Fed Chair Kevin Warsh stated the central bank has "no tolerance" for persistently elevated inflation, leading to an 840-point drop in the Dow Jones Industrial Average.
Fed Chair Kevin Warsh, presiding over his second meeting, maintained current interest rates. He reiterated in a session with Congress that he and his committee "have no tolerance for persistently elev
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UAE's sovereign wealth fund Mubadala in talks to invest in a major Japanese data center, Nikkei reports
UAE's sovereign wealth fund Mubadala in talks to invest in a major Japanese data center, Nikkei reports
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Meta AI releases Mac app with built-in system-level dictation and the ability to analyze screen content and answer questions via the Muse Spark model.
The app supports dictation across all applications and allows enterprise users to connect their Instagram, Facebook accounts, Meta ad campaigns, and Google Workspace accounts to gain ad performance in
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Ukraine says it recently attacked Russia's Taneco oil refinery and a small oil terminal.
Ukraine said it recently attacked a major oil refinery (Taneco refinery) and a small oil terminal inside Russia. This attack comes as Russia faces a second wave of gasoline shortages.
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Bloomberg: Venezuelan officials negotiated oil deals with U.S. oil executives in Texas this week, but the process was opaque and rules uncertain.
Bloomberg: Venezuelan officials negotiated oil deals with U.S. oil executives in Texas this week, but the process was opaque and rules uncertain.
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Al Jazeera commented that the Israeli government is using "Islamophobia" tactics to gain support from the Western right-wing, in order to salvage its international standing.
Commentators suggest that the Netanyahu government is appealing to the Western right, which is increasingly receptive to its message, by stoking anti-Muslim sentiment. The article cites a study commis
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Elon Musk retweeted that Starlink has filed a new application in India for direct device connection services. Its Gen 2 proposal covers nearly 30,000 satellites and aims to connect mobile phones directly to Starlink satellites.
Musk retweeted a post from cb_doge, which cited a report from The Economic Times stating that Starlink has filed a new application in India for direct-to-device connectivity services. This Gen 2 propo
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Evercore ISI's Guha stated that the U.S. Treasury's increased bond purchases would not affect the Federal Reserve's September interest rate decision, although it would complicate the work of Federal Reserve Chairman Kevin Warsh.
Evercore ISI's Guha stated that the U.S. Treasury's increased bond purchases would not affect the Federal Reserve's September interest rate decision, although it would complicate the work of Federal R
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KKR Data Center Head in Focus for NVIDIA AI Chip Financing Deal
Some prominent Wall Street CEOs recently appeared alongside NVIDIA CEO Jensen Huang to promote a deal aimed at funding AI chips, with KKR's head of data centers drawing particular attention for his in
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UBS Chief Strategist Baweja Says Strong US Earnings Growth Will Push Stocks Higher Before Margin Pressure Becomes a Risk in 2027
UBS Group AG's chief strategist Bhanu Baweja noted that while strong US earnings growth should push stocks even higher, the outlook becomes less certain in 2027, with a risk that margins will come und
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CNBC survey shows US workers are divided on whether junior employees should use AI at work
CNBC and SurveyMonkey's quarterly AI and Jobs survey found that approximately 42% of respondents believe junior employees should use AI with clear guidance and limitations, 35% believe its use should
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Samsung Electronics expected to approve $72bn shareholder return program at Aug. 21 board meeting
Samsung Electronics is expected to approve a $72 billion shareholder return program at its board meeting on Aug. 21.
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<p>The Financial Times analysis points out that Donald Trump is losing the rare earths independence war.</p>
The Financial Times analysis points out that Donald Trump is losing the rare earth independence war, and his administration's rare earth program aimed at countering China is being undermined by ineffi
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Exxon Warns Kazakhstan's Top Oil Field Output to Peak Within Years, Followed by Sharp Decline
ExxonMobil Holdings Corp. has told Kazakhstan that the nation’s top oil field is already on the cusp of peak output and that its production will slump sharply in the coming decade.
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OKX Europe CEO Erald Ghoos says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.
OKX Europe CEO Erald Ghoos says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.
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CZ retweeted a post, responding for the first time to the reason for his imprisonment in the US: to take responsibility and not evade extradition privileges.
CZ retweeted @web3annie's tweet, publicly responding for the first time to his reasons for choosing to voluntarily go to prison in the US. He stated that when something goes wrong, one must take respo
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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
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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GSR's Andy Baehr says tokenized fixed income could be key for institutional collateral, sees potential in tokenized equities
Andy Baehr, Managing Director of Asset Management at crypto market maker GSR, highlighted that tokenizing short-term fixed-income products could serve as institutional collateral for futures or over-t
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Monetary Authority of Singapore's Daniel Wang: Life and health insurance claims reached S$5.79 billion in Q1 2026, while general insurance claims totaled S$1.8 billion.
Daniel Wang, Executive Director of the Insurance Department at the Monetary Authority of Singapore (MAS), stated at the Singapore College of Insurance's 2026 Graduation Ceremony that Singaporean life
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China Purchases Millions of Barrels of Saudi Crude in Rare Tender, Despite Overall Imports Remaining Muted
China has purchased millions of barrels of Saudi crude offered via a rare tender and under long-term contracts. However, the country's overall crude purchases from Saudi Arabia still remain well below
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US total debt surpasses $40 trillion milestone, with Treasury Secretary Bessent stepping in as "chief bond trader."
The U.S. Treasury Department reported yesterday that the total U.S. debt has surpassed the $40 trillion mark. Economists consider this threshold symbolic, but its sheer size already exceeds the annual
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Analysts: U.S. Treasury Secretary Bessent's plan to increase long-term debt buybacks is, at best, a "circuit breaker" for the global bond sell-off.
Analysts noted that US Treasury Secretary Besant's plan to increase long-term debt buybacks triggered a global bond rally, but given concerns about fiscal distress and persistent global inflation, the
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WSJ analysis suggests U.S. Treasury market's coveted safe-haven status is fading
The upward trend in bond yields this year, driven by persistent inflation and heavy AI-linked corporate borrowing, indicates that Treasurys are appearing less safe. Their yields are no longer as low r
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Former Iranian Central Bank Advisor Rejects Donald Trump's Claims of Economic Collapse, But Warns UAE Trade Cut Could Shrink Iran's Economy by 5% This Year
Former Iranian central bank advisor Mehrdad Sepahvand refuted US President Donald Trump's claims of an imminent collapse of the Iranian economy, but warned that the UAE's decision to cut trade ties wi
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U.S. Treasury yields edge higher, with 30-year yield up 3 bps to 5.2256%, as traders digest the Treasury Department's debt buyback plan
U.S. Treasury yields edge higher, with 30-year yield up 3 bps to 5.2256%, as traders digest the Treasury Department's debt buyback plan
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Human Rights Watch reports that Israeli settler violence puts dozens of Palestinian communities in the West Bank at risk of erasure, calling for sanctions and a suspension of military aid to Israel.
Human Rights Watch released a report stating that increased attacks by Israeli settlers, coupled with the rapid expansion of settlements, are driving the forced displacement of Palestinians. The repor
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