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Well-known investor Michael Burry warns that Berkshire Hathaway is no longer an attractive investment, expressing concerns about a lack of patience among Buffett's successors.
Investor Michael Burry, known for accurately predicting the 2008 housing crash, stated in his August 10 "Cassandra Unchained" newsletter that his biggest concern for Berkshire Hathaway was that Warren
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Bloomberg, citing sources: Apple's major iPhone design upgrade plan for 2027 has not been canceled; a new glass-designed iPhone Pro has entered late-stage testing.
This refutes earlier reports from Jefferies analysts that Apple had canceled plans for an "all-glass iPhone," which had put pressure on Apple's stock price. According to sources, Apple still plans to
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AIG CEO Eric Andersen Says AI Data Center Boom Is 'Maxing Out' P&C Insurers
American International Group Inc. Chief Executive Officer Eric Andersen stated that while the artificial intelligence buildout presents a "great opportunity" for the insurance industry, it is also pus
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AI cloud company CoreWeave announced its second-quarter earnings after market close today. Analysts estimate revenue of approximately $2.56 billion.
CoreWeave (NASDAQ:CRWV) is set to announce its second-quarter earnings after the market closes today, followed by a conference call at 5 PM ET. Analysts generally expect the company to report revenue
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U.S. government appeals trade judge's order for universal tariff refunds, arguing it overstepped authority
Government lawyers filed an opening brief on Monday with the U.S. Court of Appeals for the Federal Circuit, challenging a Court of International Trade (CIT) judge's February order. The CIT judge had d
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Analysis suggests Nvidia (NVDA) could reach $325 by 2027, citing strong Q1 FY27 revenue of $81.6 billion and catalysts like the Vera Rubin launch and a $500 billion AI financing platform.
Despite trading 28% below its 52-week high, Nvidia posted Q1 FY27 revenue of $81.6 billion, an 85% year-over-year increase, with Q2 FY27 guidance set at $91 billion. The analysis notes Nvidia's curren
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Barclays: Picky Bond Buyers Will Keep Yields at Multi-Year Highs
According to Barclays, the shift in the U.S. Treasury buyer base towards value-oriented mutual funds, households, and other private investors has helped push the 30-year yield to multi-decade highs.
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NYPD investigates gold bar scam that has stolen over $100 million from retirees
The New York Police Department's investigation, which began in May 2024, involves the Department of Homeland Security, the IRS, and other state law enforcement agencies, as authorities believe the sch
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Financial commentator Cramer said Intel may be prepared, and called NVIDIA's funding push "very positive."
Financial commentator Cramer said Intel may be prepared, and called NVIDIA's funding push "very positive."
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The U.S. SEC is considering directly funding a controversial market tracking database, after Citadel Securities won a lawsuit last year challenging its funding method.
The U.S. SEC is considering directly funding a controversial market tracking database, after Citadel Securities won a lawsuit last year challenging its funding method.
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U.S. EIA raises 2026 Brent crude forecast to $87/barrel from $82, citing persistent Strait of Hormuz constraints through August
U.S. energy officials expect Strait of Hormuz constraints to persist through August, limiting oil flows. The U.S. Energy Information Administration (EIA) also lifted its U.S. gasoline estimate to $3.7
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Anthropic's Unreleased AI Model Makes Significant Progress on Riemann Hypothesis, Increasing Lower Bound of Solutions
On Monday, Anthropic announced that an as-yet-unreleased model made significant progress on the Riemann hypothesis, a major unsolved mathematical problem for over 150 years with a $1 million bounty. T
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Fed's Goolsbee: Biggest Problem Facing the Economy Is Inflation
Fed's Goolsbee: Biggest Problem Facing the Economy Is Inflation
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AI startup Manus to resume independent operations after China's NDRC forced Meta to unwind its $2 billion acquisition
AI startup Manus announced it will soon resume operating as an independent company. This follows a demand from China's National Development and Reform Commission (NDRC) in April for Meta to unwind its
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Morgan Stanley Turns Bullish on China AI Stocks, Raises Price Target for One Company to HK$1,700 From HK$990
Morgan Stanley has turned bullish on China's AI stocks, anticipating a shift in the country's large language model (LLM) market from price wars towards smarter models and stronger monetization. The ba
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U.S. EIA expects natural gas inventories to reach 3,985 Bcf in October, the highest ahead of winter heating season since 2016.
U.S. EIA expects natural gas inventories to reach 3,985 Bcf in October, the highest ahead of winter heating season since 2016.
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Analysis points out that Palantir's stock price has fallen 0.5% year-to-date, but its latest quarterly revenue increased by 93% year-over-year, with US commercial revenue up 149% and government revenue up 90%. Its net profit margin reached 55%, yet its valuation remains high.
Yahoo Finance analysis indicates that despite Palantir Technologies (PLTR) stock price falling 0.5% year-to-date in 2026, underperforming the Nasdaq Composite's approximately 14.4% gain, its AI platfo
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The Japanese yen is approaching the 160 mark against the US dollar, a key psychological level, and market vigilance regarding potential renewed intervention by Japanese authorities has noticeably increased.
The Japanese yen continued to weaken against the US dollar, recording its largest single-day drop in over two months on Monday, falling 1%. The appreciation effect brought by the joint intervention by
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Donald Trump strongly criticized New York City's Pied-a-Terre tax and congestion pricing policies, stating they would destroy the city and that he is exploring the possibility of federal government intervention.
Donald Trump posted on Truth Social that New York City's Pied-a-Terre tax (a tax on non-primary residences) is costing New York City and State dearly, as the funds ultimately collected are minuscule c
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Russia releases former US Marine Robert Gilman from detention for humanitarian reasons, who was reportedly in poor health
Robert Gilman was jailed in 2022 for kicking a police officer while drunk. Massachusetts Senator Ed Markey stated that Gilman had been "essentially catatonic" and battling a "severe case of pneumonia"
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Secretary of Iran's Supreme National Security Council, Rezaei, stated that if an agreement is reached with Oman regarding transit through the Strait of Hormuz, this would be a separate matter independent of the Strait's closure.
Secretary of Iran's Supreme National Security Council, Rezaei, stated that if an agreement is reached with Oman regarding transit through the Strait of Hormuz, this would be a separate matter independ
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Target appoints Chandhu Nair as its first chief AI officer
The retail giant announced the appointment on Tuesday, making it the latest major retailer to invest in artificial intelligence to enhance operations and customer experience. Nair previously held role
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Analysts Warn: US May Face Natural Gas Shortage Before 2028 Due to Soaring LNG Exports and AI Data Center Demand
Matt Smith, a partner at Chronometer Partners, predicts that the United States could face a natural gas shortage by 2028 and potentially deplete its inventory by 2030. This is due to increased liquefi
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Iran's Supreme National Security Council Secretary Rezaei states the Strait of Hormuz will not be opened until the U.S. changes its behavior and accepts Iran's conditions.
Iran's Supreme National Security Council Secretary Rezaei states the Strait of Hormuz will not be opened until the U.S. changes its behavior and accepts Iran's conditions.
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Currency strategists warn of mounting dollar risks, citing Treasury concerns, softer U.S. data, and uncertain Fed policy as potential weakening factors.
Despite recent strength, currency strategists believe growing fiscal risks, softer economic data, and uncertainty over Federal Reserve policy could intensify pressure on the U.S. dollar. Saxo's Chief
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Samsung Electronics has raised the prices for some of its advanced process chip foundry services, with increases of up to 15%, in response to the surging demand for AI chips.
Samsung raised its foundry prices for 4-nanometer and 5-nanometer process chips by 10% to 15% in July, and 8-nanometer process prices by nearly 10%, primarily for customers in mainland China and the U
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The 2026 World Robot Conference kicks off in Beijing, with Chinese startups showcasing AI and robot capabilities to boost investor confidence amid a race to go public.
The event features demonstrations such as AI2 Robotics' AlphaBot serving ice cream and kickboxing robots, highlighting real-world applications of their technology.
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BlackRock Says Copper's Upward Trend Can Continue, Citing a Very Tight Market
BlackRock Says Copper's Upward Trend Can Continue, Citing a Very Tight Market
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OpenAI's losses deepen and it falls behind Anthropic, Altman pauses frontier AI training
OpenAI CEO Sam Altman has paused the training of a frontier reinforcement learning AI to enhance safety controls, amidst the company's expanding losses and intensifying competition.
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Goldman Sachs remains upbeat on offshore wealth management despite China's tighter scrutiny, forecasts Standard Chartered wealth fee income to grow 30% by 2026
Goldman Sachs remains upbeat on offshore wealth management despite China's tighter scrutiny, forecasts Standard Chartered wealth fee income to grow 30% by 2026. The Wall Street investment bank also pr
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U.S. Treasury yields pull back from multi-decade highs, with the 10-year note yield falling 2 basis points to 4.686% ahead of FOMC minutes
The 2-year Treasury note yield fell over 2 basis points to 4.154%, while the longer-dated 30-year Treasury bond yield fell over 1 basis point to 5.272% after notching a new 19-year high on Tuesday. Th
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Egypt's bond risk premium has fallen to its lowest level since 2014.
The decline is attributed to record foreign-currency reserves and a vote of confidence from the International Monetary Fund, signaling an easing of the nation's decade-long debt distress.
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Indian corporate profit growth hits three-year high despite "US-Israel war on Iran" impact
India's top 500 companies recorded their strongest earnings growth in three years in the quarter ending June. Robust domestic demand and inventory stockpiling offset the impact of soaring energy price
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European Central Bank (ECB) President Lagarde: Europe's post-war growth model is disintegrating, facing challenges such as trade protectionism, rising energy costs, and geopolitical tensions
European Central Bank (ECB) President Christine Lagarde stated at the World Economic Forum that Europe's post-war growth model is facing disintegration, with its three pillars—expanding global trade,
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UK Inflation Accelerates as Energy Bills Surge
UK Inflation Accelerates as Energy Bills Surge
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Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
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Goldman Sachs research finds AI is starting to weigh on developed economies' labor markets, with call center employment significantly below trend and entry-level workers most affected.
The investment bank's report, published Wednesday, indicates that industries with greater AI exposure have seen slower job opening growth since the second half of 2022, particularly in Germany, Austra
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BTIG analysts warn: U.S. stock market structurally fractured, faces full sell-off once "music stops"
BTIG's Chief Market Technician, Jonathan Krinsky, noted in a report published on Wednesday that the U.S. stock market is experiencing an unprecedented structural divergence, with price movements and m
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South Korean Deputy PM Koo Yun-cheol Pitches Manufacturing and AI Edge to US Investors, Pledging Financial Market Reforms
Deputy Prime Minister and Finance Minister Koo Yun-cheol outlined Korea's growth strategy to US business leaders in Seoul on Wednesday, highlighting opportunities for deeper investment and artificial
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Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
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Ethiopia's Currency Sinks as Central Bank Burns Through Dollars
Ethiopia's currency is sinking as its central bank is burning through dollars in an unsuccessful bid to stem the selloff.
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South Korea's government bond yield curve is the steepest since 2021, with the long-short spread reaching a near five-year high.
The spread between South Korea's 3-year and 10-year government bond yields has widened to its highest level in nearly five years. This is primarily due to a global sell-off in long-term securities and
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South Korea's FSC announces its 7th Financial Hub Policy Plan for 2026-2028, aiming to boost financial innovation, infrastructure, capital markets, and provide hub support.
South Korea's FSC announces its 7th Financial Hub Policy Plan for 2026-2028, aiming to boost financial innovation, infrastructure, capital markets, and provide hub support. The plan includes promoting
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UK FTSE 100 index futures weakened due to a global stock market decline.
UK FTSE 100 index futures weakened due to a global stock market decline.
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Lebanon approves extradition of former Syrian general Adel Issa to Syria for war crimes trial, signaling end to its safe haven status for ex-regime officials
A top Lebanese prosecutor announced on Tuesday that Adel Issa, a former major general in Bashar al-Assad’s Syrian Army, would be extradited to Syria to face trial for alleged crimes committed during h
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Two Chinese-linked supertankers U-turn in Strait of Hormuz amid high shipping risks after Trump's hard line on Iran
The move comes as prospects for a normalization of traffic in the region are dimming.
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Samsung Electronics to invest 240 billion won ($171.6 million) in a new HVAC production line in Gwangju, with production set to begin in early 2028
Samsung Electronics to invest 240 billion won ($171.6 million) in a new HVAC production line in Gwangju, with production set to begin in early 2028
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Singapore's Monetary Authority (MAS) introduces new measures to enhance asset management competitiveness
The Monetary Authority of Singapore (MAS) announced a series of new measures aimed at strengthening its competitiveness as a leading asset management hub. These measures include: tax exemptions for in
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Macro
24H Trending
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Alibaba-Backed Robot Maker LimX Confidentially Files for Hong Kong IPO, Reportedly Seeking Up to $300 Million
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Lookonchain: Bitcoin ETFs recorded a net inflow of 4,436 BTC (+$284.05M) on August 18; Ethereum ETFs saw a net inflow of 16,091 ETH (+$30.46M).
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Ethereum (ETH) Potential Analysis: A Deep Dive into its Long-Term Holding Value and Future Outlook
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INDY Coin (Indigo Protocol) Analysis: Project Value and Market Status
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PARAM Coin Analysis: How Does Param Labs Build a Web3 Gaming Ecosystem?
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Bank of America's August survey showed that fund managers' bullish sentiment towards gold has increased, with a net 16% believing gold is undervalued, reaching a new high since March 2023.
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Syrian state media: Israeli forces carried out eight air strikes on an airbase in Syria’s Idlib, causing damage but no casualties
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Kraken Prop increases leverage to 10x for Bitcoin, Nasdaq 100, and S&P 500, halving margin requirements
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India Seeks WTO Consultations With US Over White House Tariffs on Quartz Products
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OVO Coin Analysis: NFT Platform Role, Market Performance, and Future Metaverse Vision
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