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KAIST's new president, Bae Choong-sik, unveiled a vision to transform the university into an "AI-native" institution, integrating AI as a common language and general-purpose tool across all
Bae Choong-sik was inaugurated Monday as the 18th president of the Korea Advanced Institute of Science and Technology (KAIST). His vision includes AI-powered classrooms, autonomous laboratories, and r
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Copper prices hold at $14,000 as weak US interest rate outlook boosts metals market
Copper prices are currently trading in a narrow range after six consecutive weeks of gains. Tighter supply and easing concerns about U.S. interest rate hikes are jointly supporting metal prices.
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Bitcoin tops $65,000 on Monday, up nearly 3% over the week, ahead of US July inflation data due Wednesday
Bitcoin's rise follows a weak US jobs report last Friday, which eased concerns about the Federal Reserve needing to raise interest rates. Other major cryptocurrencies also saw gains, with Ether up alm
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Moscow is employing raids, pressure, and deception to enlist soldiers domestically for the war against Ukraine
Moscow is employing raids, pressure, and deception to enlist soldiers domestically for the war against Ukraine
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Indonesian Stocks Near Bull Market as Economic Worries Recede
Indonesian stocks advanced, putting the benchmark index once again near bull-market territory, as investor sentiment was buoyed by signs of a resilient economy and easing concerns over potential marke
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Goldman Sachs expects total US equity issuance to reach a record high of $700 billion in 2026, but believes demand will continue to outstrip supply, with the S&P 500 potentially surging to 8000 points.
John Flood, head of Americas equity execution services at Goldman Sachs, stated that despite widespread doubts in the market about whether record equity issuance can be absorbed, the firm expects tota
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Israel confirms death of Palestinian detainee Ihab Diab nearly two years late; family alleges torture, disputing health claims
The Palestinian Commission of Detainees and Ex-Detainees Affairs stated that Israel informed them on Sunday of the death of Ihab Mohammed Abdel Qader Diab, 36, who was detained on December 12, 2023, a
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JPMorgan Chase: SK Hynix's 15% stock price drop last week was an overreaction, maintain Overweight rating with a target price of KRW 2.75 million
JPMorgan Chase released a report on August 9, stating that SK Hynix's stock price fell by 15% last week, while the Kospi index fell by 5% and Samsung Electronics by 9% during the same period. This dec
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South Korea's LX Semicon begins shipping first automotive MCU to Hyundai, Kia
LX Semicon, South Korea's largest fabless chipmaker, has begun mass-producing its first automotive microcontroller unit (MCU), the LX61101, and started shipping it to Hyundai Motor and Kia. This marks
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Sony and TSMC to invest $6.3bn in advanced next-generation image sensor plant in Kumamoto, targeting 2029 production
Sony and TSMC to invest $6.3bn in advanced next-generation image sensor plant in Kumamoto, targeting 2029 production. The two companies reached a basic agreement in May to cooperate on the development
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High-frequency trading firms shun India's stock market closing auction due to SEBI short-selling hurdles
Bloomberg Markets reports that short-selling hurdles set by the Securities and Exchange Board of India (SEBI) are causing high-frequency trading firms (HFTs) to avoid the closing auction of Indian equ
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JPMorgan Chase raised its earnings forecast for Kioxia Japan but lowered its target price from JPY 155,000 to JPY 130,000, stating that the market needs to verify the effectiveness of long-term agreements.
JPMorgan Chase maintained its "Overweight" rating on Japanese memory chip manufacturer Kioxia in its latest research report. The bank raised its operating profit forecasts for Kioxia for FY2027 to FY2
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Houthis renew missile and drone attacks on Yemen’s port of al-Makha, killing at least 11 people
Yemen’s Houthis have launched a new wave of missile and drone attacks on the Red Sea port city of al-Makha (Mocha), extending an assault on government-held areas along Yemen’s western coast and killin
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Goldman Sachs' top tech trader, Peter Callahan, points out that AI is driving three major structural shifts in tech investment: AI agent traffic surpassing human traffic, optical components outperforming memory chips, and open-source models challenging closed-source ecosystems at extremely low costs.
Top TMT trader Peter Callahan of Goldman Sachs outlined 10 core observations on how the AI wave is reshaping the tech sector in an August 9 report. He noted that current tech investments are undergoin
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JGBs Edge Lower in Early Tokyo Trade Amid Potentially Quicker Pace of BOJ Rate Hikes After July 30-31 Meeting Summary
JGBs Edge Lower in Early Tokyo Trade Amid Potentially Quicker Pace of BOJ Rate Hikes After July 30-31 Meeting Summary
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The Nikkei index rose 1.2% in early trading to 66376.25 points, boosted by weak US employment data which lowered expectations for a Federal Reserve interest rate hike.
Electronics and metal stocks led the gains, with Ibiden up 7.4%, Furukawa Electric up 8.8%, and Sumitomo Metal Mining up 5.7%. The dollar-yen exchange rate was quoted at 157.88, down from 158.30 yen a
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Analysis indicates that Adobe CEO Shantanu Narayen plans to step down after a successor is found, while the company's second-quarter revenue reached $6.6 billion; Arista Networks' second-quarter sales surpassed $3 billion for the first time.
An analysis article points out that software giant Adobe's CEO, Shantanu Narayen, is seeking to step down after finding a successor, which brings uncertainty to the company's future management. Adobe
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Cleveland Fed's August inflation forecast suggests reacceleration in monthly core CPI, potentially setting up a divided September FOMC meeting
The Federal Reserve Bank of Cleveland's latest Inflation Nowcasting estimates project July CPI to rise 0.09% MoM and 3.42% YoY, with core CPI up 0.21% MoM and 2.52% YoY. The forecast also indicates a
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Bank of Japan (BOJ) expects underlying CPI inflation to gradually increase, reaching price stability target by late FY2026-FY2027, with significant upside risks to prices
The Bank of Japan (BOJ) released its Summary of Opinions from the July 30-31 Monetary Policy Meeting, projecting that underlying CPI inflation is likely to gradually increase, reaching a level consist
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Bank of Japan (BOJ) expects Japan's economy to grow moderately in FY2026, accelerating from FY2027 as crude oil price effects wane, supported by AI demand
The Bank of Japan (BOJ) released its Summary of Opinions from the July 30-31 Monetary Policy Meeting, noting that Japan's economy has recovered moderately despite some weakness from the Middle East si
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Airbnb Q2 revenue increased by 17% to $3.61 billion, stock price surged by 14% as AI customer support reduced the cost per booking by 16% and full-year outlook was raised.
Airbnb announced its second-quarter results, with revenue increasing by 17% year-over-year to $3.61 billion, exceeding market expectations. The company also raised its full-year revenue growth forecas
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Analysis indicates that if the stock market faces a collapse, history shows that long-term investment strategies have never failed; currently, both the Buffett Indicator and the Shiller P/E ratio are at historical highs, suggesting the market may be overvalued.
An analysis article from Yahoo Finance points out that while major market indices are repeatedly hitting new highs, the Buffett Indicator has surged to a record-breaking over 232%, and the S&P 500 Shi
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Oil prices rose, with traders focusing on the resumption of the Strait of Hormuz agreement between Iran and Oman, and Houthi rebels claiming to have attacked a Saudi refinery near the Red Sea.
Oil prices rose, with traders focusing on the resumption of the Strait of Hormuz agreement between Iran and Oman, and Houthi rebels claiming to have attacked a Saudi refinery near the Red Sea.
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US Social Security Benefits Reduce Railroad Retirement Tier I Dollar for Dollar for Split-Career Workers
For individuals who have worked in both the U.S. railroad and non-rail sectors, their Social Security benefits directly reduce the Railroad Retirement Tier I benefit. This is because Tier I is designe
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Canada Pledges Over C$50M Aid to Lebanon, Condemns Israeli 'Unlawful Invasion'
Canada's Secretary of State for International Development, Randeep Sarai, announced new humanitarian aid during his visit to Lebanon, raising the country's total assistance to Lebanon this year to ove
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Former US Ambassador Daniel Fried says Iran has 'little incentive' to open Strait of Hormuz, adding that a solution to the conflict will require patience.
Former US Ambassador to Poland Daniel Fried said Iranians have little incentive in the near term to allow the Strait of Hormuz to open. Fried, who also served as the assistant Secretary of State for E
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The Federal Reserve's July meeting minutes show that officials believe interest rate hikes may be necessary if inflation does not cool down.
The Federal Reserve's July 28-29 policy meeting minutes, released on Wednesday, indicated that several officials assessed that further policy tightening might be necessary if inflation did not decline
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Analyst trusts Enterprise Products Partners (EPD) 5.8% dividend yield, citing strong cash flow, conservative financials, and 28 years of payout increases
An analyst from The Motley Fool expressed confidence in Enterprise Products Partners (EPD) 5.8% dividend yield, highlighting the company's record $2.3 billion operational distributable cash flow in Q2
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US Treasury market's reprieve may be fleeting as a deluge of corporate bond issuance is expected in September
Henry Song, a portfolio manager at Diamond Hill, noted that from a bond investor's perspective, the key concern is where to allocate capital.
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The Motley Fool analysis suggests Bloom Energy (BE) stock could double again, driven by AI data center demand, despite its high valuation and reliance on the tech sector.
Bloom Energy, which provides fuel cell systems for data centers, recently reported record quarterly revenue exceeding $1 billion for the first time and projects 2026 sales to reach $3.9 billion. Its s
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Vanguard Dividend Appreciation ETF (VIG) is up about 12% year-to-date in 2026, outperforming growth ETF (VUG) by about 2 percentage points, for the first time in a decade.
Vanguard Dividend Appreciation ETF (VIG) is up approximately 12% year-to-date in 2026, outperforming growth ETFs (VUG) by about 2 percentage points (VUG is up about 10% during the same period). This m
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The U.S. Treasury Department unexpectedly announced a buyback of long-term government bonds, a move that Besant said the Treasury was watching, and which rattled the bond market.
The U.S. Treasury Department on Wednesday unexpectedly announced a buyback of long-term government bonds, the most concrete evidence yet that the recent selloff in long-dated debt has caught the atten
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Analysts say Israeli Prime Minister Netanyahu may seek to escalate the conflict in Syria ahead of the US election, as Israel has hindered progress in peace talks with Syria.
Al Jazeera quoted analysts as saying that Israeli Prime Minister Benjamin Netanyahu may seek to escalate the conflict over Syria, and that Israel has hindered progress in peace talks with Syria. Previ
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24/7 Wall St. set a price target of $273.83 for NVIDIA (NVDA) and issued a "buy" rating, anticipating continued strong growth in its AI business.
The institution believes that NVIDIA is a pillar of AI infrastructure construction, with strong Q1 earnings performance, non-GAAP EPS of $1.87, and revenue of $81.61 billion, a year-over-year increase
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Analysis: 100 years of S&P 500 history suggests holding investments is the best strategy during a recession
According to an analysis, historical data spanning a century, including 15 U.S. recessions, indicates that the S&P 500 has delivered an average annual total return of about 10%. The analysis concludes
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OCC races to finalize GENIUS Act stablecoin rules by November
The Office of the Comptroller of the Currency (OCC) is accelerating efforts to finalize rules by November, which will implement a stablecoin law previously signed by President Trump.
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Healthcare of Ontario Pension Plan's Global Private Equity Head Lori Hall-Kimm Departs
Lori Hall-Kimm is leaving the Healthcare of Ontario Pension Plan (HOOPP) to pursue another opportunity.
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24/7 Wall St. rates Tesla shares as "Buy" with a $364.24 price target, citing megapacks, robotaxis, and Optimus robots as key value drivers over car sales.
The price target implies an 8.13% upside from the current $336.87 quote, reflecting a stock valuation primarily driven by optionality outside the automotive profit and loss. While car sales fund the b
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NVIDIA Becomes AI Computing Backbone for Japan's Noetra Consortium of 44 Industrial Giants, Backed by $6.1 Billion in Japanese Government Subsidies
NVIDIA will provide advanced GPU clusters to the Japanese government-backed Noetra consortium, which consists of 44 Japanese industrial giants, aiming to introduce AI into factory floors to maintain J
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US SEC Announces Proposed Crypto Asset Rules, Bitcoin and Ethereum Prices Rise
The U.S. Securities and Exchange Commission (SEC) on Wednesday announced proposed new rules for crypto assets, providing a framework for crypto companies to raise capital and defining two registration
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Silver September futures rise to $65 per ounce in early trading, driven by lower rate-hike expectations
Silver (SI=F) September futures opened at $63.43 per ounce on Wednesday, August 19, 2026, down 1% from Tuesday's close. The price moved higher this morning, reaching $65 as of 8:55 a.m. ET. This incre
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Gold futures prices rose to $4,479.90/ounce, as the dollar and U.S. Treasury yields pulled back, and the market focused on the Federal Reserve FOMC meeting minutes.
Gold futures prices rose in early Wednesday trading, reaching $4,479.90 per ounce as of 8:53 AM ET. This followed a 0.2% drop in the DXY and a 0.4% decline in the 10-year U.S. Treasury yield. Investor
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Putin Pledges Help for Wildberries Warehouses Hit by Ukraine Drones
Kyiv’s drones have partly or completely destroyed seven warehouses of Russia’s largest online retailer, Wildberries.
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Israel opens tenders for 1,234 settlement homes in E1 area, a move condemned for potentially dividing West Bank and undermining Palestinian state hopes
The tenders are for a project in the E1 area, east of Jerusalem, which has long faced international condemnation. Critics argue the development would effectively bisect the occupied West Bank and isol
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Indian fintech Navi to raise $100 million from Dutch investor Prosus NV ahead of planned IPO, seeking $2 billion valuation
Indian fintech Navi will raise $100 million from Dutch technology investor Prosus NV in its first institutional funding round. The company, founded in 2018 by Flipkart co-founder Sachin Bansal, is cur
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U.S. Federal Debt Nears $40 Trillion, Projected to Hit $50 Trillion in Three Years, Driving Up Consumer Borrowing Costs
The U.S. federal debt is rapidly approaching $40 trillion, with Bank of America's chief equity strategist Michael Hartnett projecting it will swell to $50 trillion in less than three years. This equat
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Analysis suggests that whether Bitcoin can return to $100,000 may depend on the US Congress passing the "Clarity for Digital Assets Act".
Yahoo Finance analysis points out that Bitcoin prices have been trading sideways for several months, hovering around $60,000, seemingly awaiting a catalyst. Its future trend may depend on whether the
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Bitcoin Surges 7.7%, Its Largest Gain Since March, Driven by Regulatory Optimism Ahead of White House Meeting
Bitcoin broke out of a months-long trading range, with industry officials gathering at the White House sparking optimism on the regulatory front.
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Macro
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Four Key Ethereum Upgrades Before Year-End: Enhancing Performance and User Experience
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