Macro
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Oil prices fell, with Brent crude down 1.7% to $87.44 and WTI crude down 1.9% to $81.66, due to a weak demand outlook and a significant increase in US crude inventories.
Oil prices fell on Thursday, with Brent crude futures closing down 1.7% at $87.44 per barrel and U.S. West Texas Intermediate (WTI) crude futures closing down 1.9% at $81.66 per barrel. The main reaso
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Billionaire David Tepper's Appaloosa Management nearly doubled its Amazon stake to ~$900M in Q1 2026, making it his single largest holding at 15% of the portfolio.
Tepper's move, disclosed in a 13F filing, increased his Amazon (AMZN) position to approximately 4.3 million shares. This investment makes Amazon his top holding, up from third place in Q4 2025. The fi
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Bank of America: AI Boom Is Increasingly Driving Foreign-Exchange Market Through Tech M&A Inflows
Bank of America's global rates and currencies team reported that a rising share of G10 economies' M&A inflows are concentrated in tech, aligning with countries expected to benefit from structural AI t
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Iran says it fully controls the Strait of Hormuz, according to IRIB.
Iran says it fully controls the Strait of Hormuz, according to IRIB.
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Gold futures opened flat at $4,468.80 an ounce, with a monthly gain of nearly 10%, as the market focused on the PPI report to gauge the Federal Reserve's September rate hike prospects.
Gold futures for December delivery opened at $4,468.80 per ounce on Thursday, August 13, Eastern Time, flat with Wednesday's closing price, and were trading at $4,441.10 as of 7:53 AM. Gold prices hav
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US Democratic Senator Warren and Representative Garcia send letter to Donald Trump, demanding disclosure of stock trading managers and explanation for suspicious trades
Two Democratic lawmakers, in a letter, pointed out that Donald Trump has engaged in a significant number of stock trades since returning to the White House, raising concerns about potential insider tr
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Dow Jones futures and S&P 500 futures rose slightly early Thursday, while Cisco Systems and Coherent were notable overnight earnings losers.
Nasdaq futures were little changed. The broader stock market saw modest gains for the S&P 500, Nasdaq, and Russell 2000, aided by a tame CPI report. AI hardware and buildout stocks also rose, fueled b
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Human rights organizations say Israel is massively exporting rubble from the Gaza Strip, which is accused of aiming to hide evidence of war crimes and permanently alter the local landscape.
Human rights organizations and monitoring bodies indicate that Israel is systematically and extensively crushing, mixing, and removing millions of tons of rubble from the Gaza Strip. The Euro-Med Huma
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Iran's FARS News Agency Reports Oil Spill Cleanup in Strait Reaches Final Stages
Iran's FARS News Agency Reports Oil Spill Cleanup in Strait Reaches Final Stages
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Kaplan Says Fed Right Not to Raise Rates in July
Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July.
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Despite the UK economy growing by 0.4% in the second quarter, the International Monetary Fund warned that a war with Iran could hit UK economic growth harder than other rich nations.
Official UK data shows that the economy grew by 0.4% in the second quarter, following a 0.6% increase in the first quarter, with business investment rising by 1.7%, exceeding the expectations of econo
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BofA Raises 2030 Server CPU Market Forecast to Over $210 Billion from $170 Billion, Driven by AI Agents
Bank of America (BofA) has increased its 2030 server CPU market forecast, now expecting it to exceed $210 billion, up from the previous estimate of $170 billion. This revised projection is nearly five
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CreditSights analysis suggests the Federal Reserve may maintain interest rates until the first half of 2027.
The agency noted that U.S. July inflation slowed from 3.5% to 3.4%, with decelerating wage growth and weakening employment data. Labor market uncertainties may prompt the Federal Reserve to remain on
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Hong Kong SFC: Hearing Adjourned in Criminal Proceedings for Non-compliance with Notice in Market Manipulation Investigation
Hong Kong SFC: Hearing Adjourned in Criminal Proceedings for Non-compliance with Notice in Market Manipulation Investigation
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US government debt nears $40 trillion, with this year's deficit projected at $1.887 trillion and interest payments expected to hit $1.1 trillion.
US government debt nears $40 trillion, with this year's deficit projected at $1.887 trillion and interest payments expected to hit $1.1 trillion. The government continues to promise more spending, wit
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Russian Diesel Exports Hit Multiyear Low in Early August Amid Refinery Attacks and Export Restrictions
Russian diesel and gasoil exports fell to just 80,000 barrels a day in the first seven days of August, marking a fresh multiyear low. This figure is significantly down from over a million barrels a da
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US Mortgage Rates Mixed on August 13: 30-Year Fixed Falls to 6.58%, 5/1 ARM Drops to 6.31% Amid Continued Volatility
According to Zillow data, the 30-year fixed-rate purchase loan fell 7 basis points to 6.58%, while the 15-year fixed purchase loan increased by 1 basis point to 6.01%. The 5/1 adjustable-rate mortgage
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U.S. Treasury yields dip, with 10-year note falling over one basis point to 4.674%, as Wall Street awaits wholesale inflation data
The 2-year Treasury note yield fell over 2 basis points to 4.176%, and the 30-year Treasury bond yield fell one basis point to 5.236%. Investors are digesting July's inflation print and looking ahead
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European Central Bank Survey: Cash Remains Most Accepted Payment Method in Euro Area at 92% Acceptance, Mobile Payments Surge to 68%
European Central Bank Survey: Cash Remains Most Accepted Payment Method in Euro Area at 92% Acceptance, Mobile Payments Surge to 68%
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SpaceX Passes First Lockup Expiry Test With $500 Billion Rally, Easing Wall Street's Concerns Over Potential Flood of Shares After Aug. 6 Expiry
SpaceX Passes First Lockup Expiry Test With $500 Billion Rally, Easing Wall Street's Concerns Over Potential Flood of Shares After Aug. 6 Expiry
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Anthropic is in negotiations to acquire AI startup Decart AI at a valuation of approximately $6 billion, aiming to optimize chip efficiency and reduce hashrate costs.
Anthropic, the developer of the Claude model, is in acquisition talks with AI startup Decart AI, with the deal valued at approximately $6 billion. This would be Anthropic's largest known acquisition t
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Kyungpook National University to launch employment-linked Mobile AI Engineering program with Samsung Electronics, admitting 20 students for 2027 academic year.
Kyungpook National University to launch employment-linked Mobile AI Engineering program with Samsung Electronics, admitting 20 students for 2027 academic year.
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South Korea's KOSPI index rose 3.6% on Thursday, rebounding approximately 22% from its July 30 low to enter a technical bull market.
South Korea's benchmark stock index, KOSPI, rose 3.6% on Thursday, rebounding approximately 22% from its July 30 low, officially entering a technical bull market. This rally was primarily driven by ch
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Bank of Japan: JGB fails decreased to 309 cases in July, with total face value of 19.73 billion yen
The Bank of Japan's latest data for July 2026 shows that the number of Japanese Government Bond (JGB) fails decreased to 309 cases, down from 403 cases in June. The total face value of these fails als
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TrueCar CEO Scott Painter Warns US-Canada Trade Uncertainty Poses Greater Threat to Auto Industry Than Tariffs Themselves, Disrupting Manufacturers' Decision-Making
Painter stated that while automakers can almost price in any kind of risk if they have some stability, the "cagey, sort of back and forth" nature of trade uncertainty makes it very difficult, highligh
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Mark Walter pledges Guggenheim stake for multi-billion dollar loan
Mark Walter pledges Guggenheim stake for multi-billion dollar loan
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Southeast Asia IPO fundraising to double to US$3 billion in H1 2026, with Malaysia leading in both fundraising value and number of listings.
Southeast Asian stock markets raised US$3 billion through initial public offerings (IPOs) in the first half of 2026, doubling the amount from the same period last year. Among them, Malaysia ranked fir
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Google launches new AI-powered study tools across Search and Gemini, including interactive visuals, 3D simulations, and customized quizzes
The new features are part of Google's ongoing effort to position Gemini as the preferred AI assistant for students, intensifying its competition with rivals like OpenAI and various education technolog
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OpenAI reportedly revoked "trusted access" program privileges for some cybersecurity researchers, possibly due to technical issues.
Multiple cybersecurity researchers have reported that they suddenly lost access to OpenAI's "Trusted Access for Cyber" (TAC) program. This program is designed to provide vetted users with less restric
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OKX bans Hong Kong employees from using Claude AI after corporate account was briefly suspended
OKX bans Hong Kong employees from using Claude AI after corporate account was briefly suspended
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MarketWatch: U.S. Gen Z's attitude towards AI shifts, majority of young people concerned AI will take their jobs
MarketWatch reports that concerns among young Americans about AI's impact on jobs are soaring, as new college graduates face higher unemployment rates.
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Iranian Parliament approves outline of "foreign infiltration" plan, aiming to restrict citizens' contact with foreign entities and media exchanges.
Iran's hardline-dominated parliament has approved the outline of a plan aimed at combating "foreign infiltration," with a focus on academia, media, and culture. Under this plan, citizens and entities
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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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Macro
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