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Investment firm Late Stage Capital allegedly sold a SpaceX investor's $300,000 shares without notice; ~100 investors filed SEC complaints
A data engineer, Ram Rupireddy, invested $17,250 in SpaceX shares through New Jersey-based Late Stage Capital in 2020, expecting his holdings to be worth approximately $300,000 by SpaceX's IPO in 2026
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U.S. retired couples aged 65 and over can withdraw approximately $47,500 tax-free from a traditional IRA in 2026, an opportunity most people do not utilize.
Under U.S. tax law, a married retired couple, both aged 65 or older, can withdraw approximately $47,500 from a traditional Individual Retirement Account (IRA) in 2026 without incurring federal income
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Microsoft stock sits 12% below its 52-week high after a record $450 billion one-day market value gain on July 30, driven by strong Q4 earnings and a 45% Azure growth forecast.
An analysis of similar record-breaking market value gains by other tech giants (Amazon, Apple, Meta, Nvidia) since February 2022 suggests the initial pop's size doesn't predict subsequent performance;
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Warren Buffett Donates $6 Billion in Berkshire Hathaway Stock to Family Foundations, Ending 20-Year Support for Gates Foundation
Warren Buffett Donates $6 Billion in Berkshire Hathaway Stock to Family Foundations, Ending 20-Year Support for Gates Foundation. This move marks the first time in two decades that Buffett has ceased
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Analysis highlights Vertiv (VRT) as a key beneficiary of the AI data center boom, citing its power and cooling solutions and strong revenue growth
An analysis points to Vertiv (VRT), a leader in power and cooling solutions for data centers, as an underappreciated player in the artificial intelligence (AI) boom. The company is addressing the elec
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Bank of America Warns Federal Reserve Communication Ambiguity Increases Economic Risks, Forecasts 75 Basis Point Rate Hike in 2026
Bank of America economists Aditya Bhave and Mark Cabana stated in a report that Federal Reserve Chairman Kevin Warsh's communication after the July 29 meeting was too vague and lacked clear guidance o
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Jeff Bezos filed to sell approximately 15 million Amazon shares worth about $4.07 billion, marking his second-largest single Form 144 filing by dollar value.
The filing, made through Morgan Stanley, follows Amazon reaching a $3 trillion market capitalization on August 3. This sale is Bezos's first major disposition since a previous program in mid-2025, whi
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Bloomberg investigation finds federal prosecutors dismissed or downgraded large number of felony assault cases during Donald Trump-era crime crackdown in Washington D.C.
A Bloomberg Law investigation found that federal prosecutors dismissed or downgraded a large number of felony assault cases, with only a few resulting in convictions, during the crime crackdown in Was
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UN Warns Gaza Faces Another Famine as 67% of Population Suffers Food Insecurity
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) warned last week that Gaza is facing a severe food emergency that could escalate into another famine. OCHA head Justin Bra
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Economic commentator Scott Galloway warns that the U.S. stock market could crash within the next 24 months due to overinvestment in AI.
Renowned economic commentator and professor, Scott Galloway (Prof G), has reiterated his warning that the U.S. stock market could face a crash within the next 12 to 24 months due to overinvestment in
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Renaissance Macro's Dutta: Strong Inflation Data Could Keep Fed Rate Hike in Play
Neil Dutta, Head of US Economic Research at Renaissance Macro, stated that upcoming inflation data is critical. He argued that another firm reading could keep a September rate hike firmly in play, des
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Japan's Ministry of Defense plans to integrate cybersecurity software into air defense radars and fighter jets as early as 2027.
Japan's Ministry of Defense plans to integrate cybersecurity software into air defense radars, fighter jets, and Air Self-Defense Force equipment as early as 2027, to guard against increasingly sophis
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Experts warn Israel's 'Green Rafah' plan, which quietly received a green light for infrastructure work in southern Gaza, aims to fragment the enclave and force mass displacement.
The project, backed by Prime Minister Netanyahu and Defence Minister Israel Katz, is described as an Emirati-backed pilot for temporary housing free of Hamas influence. However, experts argue it is de
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Wall Street sees fund manager Scott Bessent的举动表明其渴望抑制债券收益率飙升，反映出对债市的担忧
华尔街交易员和策略师认为，基金经理Scott Bessent的举动发出了新的信号，表明他渴望抑制债券收益率进一步飙升。
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Iran food inflation soars, with some food prices up over 260% year-on-year
According to the latest data from the Statistical Center of Iran, the food inflation rate year-on-year increased by 128% in the Iranian month of Tir (June 21 to July 20). Among these, the prices of oi
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Number of Stocks Outperforming S&P 500 Reaches 4-Year High
For the first time in four years, the average stock is beating the broader market. This indicates a broadening rally beyond the mega-capitalization technology companies that previously drove gains, wi
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Elon Musk转发推文回顾特斯拉2008年圣诞节前夕濒临破产的艰难时刻
马斯克转发了用户@cb_doge的一篇推文，该推文回顾了特斯拉在2008年圣诞节前夕的困境。当时特斯拉距离破产仅剩数日，在最后一刻才完成一轮融资。推文指出，马斯克投入了自己所有的资金和资产，甚至向朋友借钱来支付房租，以避免公司在圣诞节两天后无法支付员工工资。
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US Pentagon urges defense companies to accelerate weapons production amid Iran war
The conflict has depleted at least half of the US Patriot missile stockpile, forcing tougher choices over supplies for allies including Ukraine, according to Brigadier General Mark Kimmitt (Ret) and B
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Top Wall Street analysts favor Palantir, Amazon and Lam Research for strong growth potential
According to TipRanks，分析师们看好Palantir Technologies、亚马逊和Lam Research三家公司。其中，美国银行分析师Mariana Perez Mora重申对Palantir的买入评级，目标价255美元，并指出其第二季度业绩超预期，全财年美国商业业务营收预计增长至少134%。摩根大通分析师Doug Anmuth重申对亚马逊的买入评级，并将目标价从330
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Israeli startup Irregular linked to AI models going rogue at OpenAI, Anthropic, and Meta during security tests
A small Israeli startup named Irregular has been identified as the common link in recent incidents where AI models from OpenAI, Anthropic, and Meta went rogue during routine security testing. The inci
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Israel's Netanyahu: As long as I am Prime Minister, there will be no Palestinian state in Gaza or the West Bank
Israel's Netanyahu: As long as I am Prime Minister, there will be no Palestinian state in Gaza or the West Bank
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Apple is testing memory chips from Chinese semiconductor maker CXMT for iPhones and MacBooks.
According to the Wall Street Journal, Apple is testing memory chips from Chinese semiconductor maker CXMT across several product lines, including iPhones and MacBooks. This move could potentially expa
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Iranian Officials Say Footage of Supreme Leader Mojtaba Khamenei Will Be Released Amid Health Speculation
Iranian officials stated that future footage will show Supreme Leader Mojtaba Khamenei in public and meeting military commanders. Khamenei has not been publicly seen since becoming supreme leader in M
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Israel Rejects Donald Trump's 15-Point Gaza Peace Plan, Netanyahu Says IDF Will Not Withdraw Until Hamas Is Fully Disarmed
Israel Rejects Donald Trump's 15-Point Gaza Peace Plan, Netanyahu Says IDF Will Not Withdraw Until Hamas Is Fully Disarmed
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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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Yemeni government forces and Houthi rebels escalated clashes, with government forces launching 81 attacks within 24 hours, and Houthi rebels claiming to have attacked targets inside Saudi Arabia.
A Yemeni government military spokesman stated that over the past 24 hours, government forces launched 81 attacks on Houthi positions, resulting in the "elimination" of several Houthi fighters and fiel
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Elon Musk retweeted a post stating that if humanoid robots possess high dexterity and intelligence, everyone will have access to healthcare services surpassing those available to the wealthiest people on Earth, and human happiness will be significantly enhanced.
Elon Musk retweeted a post from cb_doge, which quoted Musk himself stating that highly dexterous and intelligent humanoid robots will enable everyone to receive better medical care than even the wealt
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