Macro
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Hunter Biden says former President Joe Biden's prostate cancer has spread beyond his bones and is 'very painful'
Hunter Biden stated in a BBC interview that his father, former President Joe Biden, 83, is suffering from prostate cancer that has spread beyond his bones, describing it as 'very painful' and debilita
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Nokia Signs 5G Expansion Agreement with Taiwan Mobile to Deploy AI-Driven Network Software and Hardware
Nokia signed a 5G expansion agreement with Taiwan Mobile on July 14 to deploy its AirScale portfolio and AI-driven software across the carrier's network. This deal is part of Nokia's broader strategy
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OpenAI acquires presentation startup NextSlide, integrating its team into ChatGPT
NextSlide's product could turn prompts, notes, documents, or research into polished, editable presentations. The startup's founder, Ahmed Beshry, stated the team will continue their mission of buildin
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JPMorgan Chase's JEPQ ETF's Monthly Payout Soars to Record $0.71 During 2026 Nasdaq Correction, Highlighting Volatility Driving Covered Call Income
The ETF aims to provide monthly cash flow by holding Nasdaq large-cap stocks and selling call options. When the Nasdaq 100 Index entered a correction zone in the spring of 2026 and the VIX index peake
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SpaceX stock surged 15.8% after its post-IPO lock-up expiration failed to drag shares down and it announced a new $16.8 billion Texas project.
SpaceX's stock (NASDAQ: SPCX) gained 15.8% on Friday. The rise occurred as a significant post-IPO lock-up expiration, which made 911.5 million shares eligible for trade, did not lead to a sell-off, wh
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Vanguard S&P 500 ETF (VOO) Becomes First ETF to Cross $1 Trillion in Assets, Charging One-Third of SPY's Fees
The Vanguard S&P 500 ETF (VOO) has reached $1.03 trillion in assets, making it the first ETF to surpass the trillion-dollar mark. VOO charges an expense ratio of 3 basis points (0.03%), significantly
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Russian Hardware Wallet Sales More Than Double Ahead of New Crypto Rules
Demand for hardware crypto wallets in Russia more than doubled in the first half of 2026, according to data from major retailers. Retailer M.Video reported a 107% increase in unit sales in Q2 compared
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Analysis indicates that from Ray Dalio's risk-adjusted perspective, NVIDIA is a better AI cycle buy than Micron and Broadcom
An analytical article suggests that, in the current AI cycle, from the risk-adjusted perspective of renowned investor Raymond Dalio, NVIDIA at a price of $218.99 is a better buy than its two main comp
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U.S. Senate Majority Leader Thune Files Cloture on Clarity Act, Setting Up Sept. 15 Vote
The U.S. Senate is scheduled to vote on the motion on Tuesday, Sept. 15. For the cloture motion to pass, at least seven non-Republican senators will need to support it.
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S&P 500 Companies' Q2 Earnings Beat Expectations by 29%, Largest Surprise Since 2008, Still Strong Even Excluding Google and Amazon
According to FactSet data, S&P 500 companies' Q2 earnings on average exceeded analysts' expectations by 29%, more than four times the historical average and the largest surprise since records began in
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Xanadu (XNDU) Q2'26季度更新:加速芯片生产,薄膜铌酸锂和氮化硅制造分别增长75%和50%
量子计算公司Xanadu (XNDU) 在其第二季度更新报告中指出,公司在硬件执行方面取得进展,实现了0.085 dB的边缘耦合损耗,并将其薄膜铌酸锂和氮化硅的制造量分别提高了75%和50%。报告还提到,总光学损耗差距已减少高达200倍,目前仍需进一步减少5-10倍才能达到可扩展容错操作的阈值。此外,公司现金储备达3.128亿美元,并通过ATM融资获得6720万美元,以支持更快的路线图投资。
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Google has started selling custom AI chips, TPUs, to external customers and generating revenue, competing with NVIDIA, which is beneficial for Broadcom.
Google announced during its Q2 earnings call that it has begun generating revenue by selling its custom AI chips (TPUs) to selected external customers. This move follows a previous decision by Google
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AI cloud infrastructure provider Nebius Group's stock price fell 31.1% in July, but is still up 125% year-to-date.
AI cloud infrastructure provider Nebius Group (NASDAQ: NBIS) saw its stock price drop 31.1% in July, but it is still up 125% year-to-date. The company's Q1 revenue surged from approximately $50 millio
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Tech industry layoffs surged to a 20-year high of 2.3% in June, with companies like Oracle and Microsoft laying off tens of thousands due to AI deployment.
The tech industry's layoff rate reached 2.3% in June, surpassing the peaks of the 2008 financial crisis and the 2001 recession, with 63,000 employees laid off that month. Of these, Oracle laid off 21,
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JPMorgan Chase expects gold prices to reach $5,000/ounce by Q4 2026, bullish on its value as a hedging tool
JPMorgan Chase, in its latest outlook, stated that gold prices are expected to surpass $5,000 per ounce by the fourth quarter of 2026, with potential for further increases thereafter. The bank's CEO,
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Lebanon detains former al-Assad-era Syrian general Adel Issa, weighing extradition to Syria
Judicial and security sources confirmed that Major-General Adel Issa, who served under former President Bashar al-Assad, was taken into custody in Beirut on Friday. Officials are considering sending h
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Brazil's Central Bank Orders Crypto Exchanges to Delay Transfers Abroad Exceeding $10,000 for Up to 24 Hours, Effective Jan. 1, 2027
The central bank's new anti-fraud rules, published on August 7, require exchanges to hold transfers to foreign platforms and self-custody wallets. This applies to single transactions or multiple trans
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Typhoon Dolphin batters Japan's Okinawa, cutting power to 44,000 buildings and injuring five, now heading for China's eastern coast
The storm hit Japan's Okinawa island on Saturday with maximum wind speeds of 162km/h (101mph), leading to flight cancellations at Naha International Airport. The Japan Meteorological Agency categorize
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Google's AI Overview mistakenly claimed Flock cameras contain $650 in gold and 23 pounds of copper, being duped by an internet meme
As recently as August 5, Google's AI Overview was providing incorrect information that Flock license plate camera readers held up to 23 pounds of copper and several grams of gold, valued at approximat
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AMD's Q2 revenue grew 50% to $11.54 billion, with data center revenue soaring 107%, and analysts believe its AI growth potential is huge.
AMD announced its second-quarter earnings, with revenue increasing by 50% year-over-year to $11.54 billion, exceeding market expectations of $11.28 billion. Adjusted earnings per share (EPS) surged by
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VettaFi: Interest Rate Uncertainty Persists, Collateralized Loan Obligations (CLOs) May Become a New Growth Point for the ETF Industry
Todd Rosenbluth, Head of Research at VettaFi, stated that due to ongoing interest rate uncertainty caused by the Federal Reserve's unclear future moves, investor demand for alternative assets like Col
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Amazon raises 2026 AI spending to $220 billion, an increase of $20 billion from February's forecast, due to rising storage chip costs
Amazon raises 2026 AI spending to $220 billion, an increase of $20 billion from February's forecast, due to rising storage chip costs
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Realty Income (O) raises adjusted FFO outlook to $4.44-$4.45 per share and investment outlook to $10 billion, citing hyperscale data center joint venture
The real estate investment trust (REIT) recently formed a programmatic joint venture with Cloud Capital to invest in hyperscale data centers, initially holding over $6 billion in assets. Realty Income
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Iranian President Pezeshkian says now is the best time for an agreement, as Iran is 'strong and united and seen as victorious in war'.
Iranian President Pezeshkian says now is the best time for an agreement, as Iran is 'strong and united and seen as victorious in war'.
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Bloomberg MLIV: Dollar Depreciation Is Sustainable
Bloomberg MLIV analysts and investors on "Bloomberg: The Opening Trade" discussed key themes, with the view that dollar depreciation is sustainable.
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Independent writer Jasmine Sun highlights AI industry's misjudgment of public backlash against data centers
Sun notes that the AI industry, despite anxieties over job losses and rogue AI, was blindsided by the public's strong opposition to data center construction, a trend that was previously uncontroversia
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Podcast: AI Industry Misjudges Public Backlash, Underestimates Discontent Over Data Center Construction
Bloomberg's "Odd Lots" podcast points out that AI industry insiders have been concerned for years about issues such as AI potentially leading to job losses and human extinction, yet they have overlook
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ECB Survey: Eurozone Consumer Inflation Expectations for Next 12 Months Fall to 2.9% in July, Economic Growth Outlook Improves Slightly
The European Central Bank's (ECB) Consumer Expectations Survey for July 2026 revealed that median expectations for inflation over the next 12 months decreased to 2.9% from 3.0% in June. Similarly, inf
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T. Rowe Price fund manager says Nigerian stocks still attractive despite 64% rally
Johannes Loefstrand, a fund manager at T. Rowe Price Group who oversees about $300 million in frontier market assets, is “excited” about the prospects for Africa’s most populous nation. Nigeria’s NGX
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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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