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BioHarvest Sciences lowers 2026 revenue guidance to $37-40 million, expects new flavor agreements to generate $20-30 million in revenue in 2027-2028
BioHarvest Sciences announced a summary of its Q2 2026 earnings call, where the company revised its total revenue guidance for 2026 from the previous $42 million-$48 million down to $37 million-$40 mi
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White House: Violent crime continues to fall in major U.S. cities, with homicides down 17.2% year-over-year.
The White House released its mid-year crime report, stating that violent crime continues to decline in major U.S. cities. According to data from the Major Cities Chiefs Association, homicides in the n
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Deutsche Bank analysts believe that Elon Musk's SpaceX is on track to achieve its goal of $100 billion in annual recurring revenue by the end of 2026.
SpaceX's quarterly financial report, released on August 4, showed its revenue exceeded expectations, reaching $7.81 billion. The company's management stated during the earnings call that they anticipa
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QumulusAI Signs GPU-as-a-Service Agreement with DRW to Supply NVIDIA Blackwell B300 Clusters
New cloud infrastructure provider QumulusAI (NVIDIA) announced a GPU-as-a-service agreement with diversified global trading firm DRW to supply a dedicated NVIDIA Blackwell B300 cluster from its U.S. d
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Bicara Therapeutics ends Q2 2026 with $497 million in cash, extending runway into H1 2029, and reports Phase III FORTIFI-HN01 study is on track for substantial enrollment by year-end
Bicara Therapeutics Inc. announced it ended the second quarter of 2026 with $497 million in cash, providing a runway to fund operations into the first half of 2029. The company's pivotal Phase III FOR
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U.S. Energy Secretary: Oil flow through the Strait of Hormuz has recovered to nearly 9 million barrels per day, with total regional flow reaching 15 million barrels.
U.S. Energy Secretary Chris Wright stated that oil flow through the Strait of Hormuz is recovering, with nearly 9 million barrels of oil passing through the strait daily. He noted that the total oil f
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Citadel Securities Says Systematic Buyers Prepare for a Reload on Levered Stock Bets After Massive Unwind
Citadel Securities Says Systematic Buyers Prepare for a Reload on Levered Stock Bets After Massive Unwind
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FOMC members will be highly focused on Wednesday's July month-over-month inflation change to assess the feasibility of achieving the 2% inflation target without further policy tightening; the new Federal Reserve Chair has previously expressed disinterest in such high-frequency data-driven frameworks.
X platform commentator Nick Timiraos noted that more Federal Reserve Federal Open Market Committee (FOMC) members have indicated they will closely monitor the next few price level readings to determin
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US expects US-Iran war oil supply disruptions of 600,000 bpd to last through 2027, due to crimped Strait of Hormuz shipments
US expects US-Iran war oil supply disruptions of 600,000 bpd to last through 2027, due to crimped Strait of Hormuz shipments
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Elon Musk states memory supply is now AI's biggest bottleneck, with demand rising 200% annually against 20% production growth
SpaceX CEO Elon Musk noted during the company's Q2 conference call that the limiting factor in building out AI computing capacity is currently the supply of memory. He highlighted a significant imbala
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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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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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Hong Kong Exchange Posts Record Earnings, with Q2 Net Income Rising 21% to Beat Market Estimates, Driven by IPO and Trading Boom
Hong Kong Exchange Posts Record Earnings, with Q2 Net Income Rising 21% to Beat Market Estimates, Driven by IPO and Trading Boom
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FTSE Russell Defers Indonesia Stock Additions to Indexes Until December to Assess Market Reforms
FTSE Russell Defers Indonesia Stock Additions to Indexes Until December to Assess Market Reforms
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Financial Times analysis suggests Russia and Ukraine's attacks on each other's agricultural exports could trigger a global grain crisis
Financial Times analysis suggests Russia and Ukraine's attacks on each other's agricultural exports could trigger a global grain crisis
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HKEX Q2净利润同比增长21%至53.8亿港元，创历史新高并超市场预期
Hong Kong Exchanges and Clearing (HKEX) reported its second-quarter net profit soared 21% year-on-year to HK$5.38 billion (US$683.4 million), or HK$4.26 per share。这一业绩高于分析师预期的49.6亿港元，主要得益于首次公开募股（IPO）和
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Iran is considering targeting US military assets in Europe if Trump escalates war, according to insiders
Proposals to retaliate against US assets beyond the Middle East are being discussed as many in Tehran view renewed conflict as inevitable.
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South Korea cuts short joint military exercises with the U.S. after President Trump condemned them as "costly" and "hostile" toward North Korea
South Korea's Joint Chiefs of Staff announced the decision, days after President Donald Trump's remarks. The annual drills are set to conclude this Friday.
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Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
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Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
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India's Chaotic Stock Closing Auction Clouds BSE's Growth Outlook
The turbulent rollout of India's new closing share-price discovery mechanism, aimed at aligning with global standards, is negatively impacting BSE Ltd., leading some analysts to question the growth pr
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Iranian academic Maryam Tahmasebi accuses US of 'bloodline punishment' over family's detention and green card revocation
Tahmasebi, a US permanent resident, stated in The Nation magazine that she, her husband, and their son have been detained since April. The US State Department revoked their immigration status due to h
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Swiss Voters Expected to Reject Stricter Neutrality in Upcoming Ballot
Swiss voters are set to reject an initiative to strengthen the country’s neutrality in a ballot next month. Russia has attempted to sway the vote with jibes about Switzerland’s actions during World Wa
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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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