Macro
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Salesforce stock rises nearly 2% after J.P. Morgan initiates overweight rating, citing AI fears as overblown
J.P. Morgan analyst Samik Chatterjee set an overweight rating on Salesforce shares, suggesting investors consider buying the stock despite previous jitters over AI disruption. The firm had not rated S
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'Big Short' investor Steve Eisman warns AI boom's Achilles heel is over-reliance on OpenAI and Anthropic
Eisman stated that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic. He noted these two AI startups account for roughly 70
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Alpha Wealth Funds' Insiders Fund reduces Alphabet (GOOG) position, citing market's intolerance for aggressive AI spending
Alpha Wealth Funds' "Insiders Fund" stated in its Q2 2026 investor letter that it has reduced its position in Alphabet, believing the market will not tolerate the company and other hyperscalers spendi
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Baron Opportunity Fund increased its stake in Alphabet (GOOG) in Q2 2026, calling it "one of the most strategically advantaged businesses in the AI era."
In its Q2 2026 investor letter, Baron Opportunity Fund highlighted Alphabet's strong performance in AI, noting that Google I/O 2026 revealed Alphabet processes 3.2 quadrillion tokens monthly, a sevenf
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Broadcom's Q2 AI semiconductor revenue reached $10.8 billion, Lumentum's total revenue increased by 109.3% year-on-year
Broadcom reported its Q2 fiscal year 2026 earnings, with AI semiconductor revenue reaching $10.8 billion, a 143% year-over-year increase. Lumentum announced its Q4 fiscal year 2026 earnings, with tota
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Salesforce Spent Record $27 Billion on Q1 Stock Buybacks, Equaling Nearly 19% of Market Cap, to Counter 'SaaSpocalypse' Fears
Salesforce, led by CEO Marc Benioff, executed a record $27 billion stock buyback in the first quarter ending in April, a move equivalent to nearly 19% of its market capitalization. This aggressive rep
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Fed's Hammack questions if public can wait another 3-4 years for 2% inflation target
Fed's Hammack questions if public can wait another 3-4 years for 2% inflation target
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The latest report from the U.S. Treasury Department shows that the federal government's liabilities far exceed its assets, with economists warning of an impending "fiscal disaster."
Steve Hanke, a professor of applied economics at Johns Hopkins University, and David M. Walker, former U.S. Comptroller General, wrote in Fortune magazine that, according to the latest financial state
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Hammack: Payroll Data Is Noisy
Hammack: Payroll Data Is Noisy
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FED'S BARKIN: CURRENT LEVELS OF FEDERAL DEBT ARE AN INFLATIONARY "WIND" THAT THE FED HAS TO NAVIGATE AGAINST
FED'S BARKIN: CURRENT LEVELS OF FEDERAL DEBT ARE AN INFLATIONARY "WIND" THAT THE FED HAS TO NAVIGATE AGAINST
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The Governor of the Central Bank of Iran announced that Iran will join the BRICS New Development Bank.
Iran will join the BRICS New Development Bank (NDB), Central Bank of Iran Governor Abdolnaser Hemmati said on Thursday, a move aimed at strengthening its economic alliances amid nearly six months of o
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Federal Reserve's Barkin says rate hikes still possible, bringing inflation down to 2% remains an open question.
Richmond Federal Reserve President Barkin noted that inflation may slow due to easing wage pressures, fading tariff and oil shocks, but price pressures may persist. He added that many Federal Reserve
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Fed's Hammack Repeats Need to Raise Rates Right Now
Fed's Hammack Repeats Need to Raise Rates Right Now
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U.S. Housing Market Tilts Hard to Buyers as July Demand Hits Record Low, With 51% Seller Surplus
U.S. homebuyer demand hit a record low in July, with just 967,000 buyers compared to 1.46 million sellers, resulting in a 51% seller surplus. Nearly 80% of major metropolitan areas are now buyer's mar
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U.S. short-term interest-rate futures rise slightly after economic data.
U.S. short-term interest-rate futures rise slightly after economic data.
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Silver futures opened at $65.46 per ounce on Thursday, a year-on-year increase of 70.2%. The market is focused on the upcoming PPI report.
Silver September futures opened at $65.46 per ounce on Thursday, down 0.4% from Wednesday's closing price of $65.70. As of 8:11 AM ET, silver prices edged lower to $65.23. Silver's year-over-year gain
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Spot gold little changed after US PPI data, last down 0.5% at $4,382.22/oz
Spot gold little changed after US PPI data, last down 0.5% at $4,382.22/oz
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Analysis indicates that four monthly dividend ETFs offer dividend yields of 8% to 13% in the final months of 2026.
The article analyzes four monthly dividend ETFs: NEOS S&P 500 High Income ETF (SPYI), ProShares Nasdaq 100 High Income ETF (IQQQ), Goldman Sachs S&P 500 Premium Income ETF (GPIX), and iShares U.S. Lar
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US July Producer Prices Unchanged M/M, Below Est. +0.2%; Core PPI Rises 0.2% M/M, Below Est. +0.3%
US July Producer Prices Unchanged M/M, Below Est. +0.2%; Core PPI Rises 0.2% M/M, Below Est. +0.3%; Producer prices rose 4.7% Y/Y, below est. +4.9%; Core PPI rose 4.2% Y/Y, in line with est. +4.2%.
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US jobless claims rose by 9,000 to 209,000 in the week ending August 8, exceeding the surveyed 204,000; continuing claims for the week ending August 1 fell by 22,000 to 1,777,000.
US jobless claims rose by 9,000 to 209,000 in the week ending August 8, exceeding the surveyed 204,000; continuing claims for the week ending August 1 fell by 22,000 to 1,777,000. Additionally, US job
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Attorneys general from 10 U.S. states have filed a lawsuit challenging a new federal rule that allows banks not to pay interest on mortgage escrow accounts.
Attorneys general from 10 U.S. states have filed a lawsuit aimed at overturning a recently issued rule by the Office of the Comptroller of the Currency (OCC). These new rules allow banking institution
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The Philadelphia Semiconductor Index closed up 2.49% on Wednesday, just a step away from a technical bull market, but analysts warn about the sustainability of AI investments.
The Philadelphia Semiconductor Index (SOX) closed at 12399.38 points on Wednesday, just about 1.1% shy of the 12536.99 points needed to enter a bull market. This rally was primarily driven by strong e
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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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BOJ watchers expect rate hikes to conclude by next summer, with PM Takaichi's 2027 appointments seen influencing pace amid her reluctance for increases.
Bank of Japan observers are increasingly betting the central bank will wrap up its current rate-hiking campaign by July next year. Japanese Prime Minister Sanae Takaichi is reportedly reluctant to emb
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Iran's Foreign Minister says Tehran rejected ceasefire proposals, insists war must end, not pause
Iran's Foreign Minister says Tehran rejected ceasefire proposals, insists war must end, not pause
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Analysis suggests that Broadcom (Broadcom) is expected to surpass a market capitalization of $3 trillion within the next two years, joining the ranks of Microsoft, thanks to the strong growth of its AI chip business.
Article analysis indicates that Broadcom currently has a market capitalization of $1.9 trillion, with its stock price increasing by 28% over the past year, while Microsoft's stock price decreased by 7
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Eli Lilly (LLY) stock rose 3.37% to $1223.04, narrowing the early lead of Novo Nordisk in the weight-loss drug market.
Eli Lilly's stock price has rebounded from its 50-day moving average and is currently above its 21-day and 10-day moving averages, demonstrating strong market performance. The company is challenging N
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Federal prosecutors deem ex-Celsius CEO Alex Mashinsky's motion to vacate conviction 'without merit'
Mashinsky, who is already serving a 12-year federal prison sentence, continues to pursue legal avenues to overturn his conviction related to his activities at Celsius.
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Trump announces University of Miami gifted 1994 Ibogaine IND application to U.S. government
President Donald J. Trump announced that Secretary Kennedy has received a "Historic Gift" from the University of Miami: its original 1994 Ibogaine Investigational New Drug (IND) application. This aims
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A Conference Board report warns that rising U.S. debt, now over $39 trillion, could increasingly squeeze families and businesses through higher borrowing costs.
The report highlights that the debt, roughly $116,000 per American, could raise costs for student loans, mortgages, and small-business financing, while also threatening retirement programs. Under curr
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A Conference Board study warns rising U.S. deficits could increase student loan costs, with a hypothetical $75,000 loan potentially seeing payments rise by $44,000 in a default scenario.
The study highlights that increasing U.S. deficits can push up interest rates, making student loans more expensive. It notes that lower deficits could reduce lifetime payments by about $14,000 for a h
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AI chip stocks, including Micron, pulled back on Tuesday as investors weighed economic developments and reports from a leading AI company
Shares of Micron Technology (MU) were down more than 6%, while Coherent (COHR), Ciena (CIEN), and Lumentum Holdings (LITE) each declined at least 9%. SanDisk (SNDK) shares were off nearly 8%. The pull
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Volatility Shares files prospectus with SEC to offer 32 new ETFs tracking every National Hockey League team, drawing criticism from industry experts who call it 'dangerous nonsense'.
Volatility Shares files prospectus with SEC to offer 32 new ETFs tracking every National Hockey League team, drawing criticism from industry experts who call it 'dangerous nonsense'.
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CoinShares Report: Real World Asset (RRWA) deposits on blockchain more than doubled year-on-year to $7.4 billion in Q2 2026
The report notes that while mainstream cryptocurrencies like Bitcoin and Ethereum have underperformed over the past year, the RWA sector has grown against the trend, mainly driven by tokenized governm
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British AI company Quantexa explores multibillion-dollar IPO in UK or US, CEO confirms
British AI company Quantexa explores multibillion-dollar IPO in UK or US, CEO confirms
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Anthropic's pre-IPO credit facility is set to climb past its $10 billion target
Anthropic's pre-IPO credit facility is set to climb past its $10 billion target
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WisdomTree U.S. MidCap Dividend ETF (DON) offers a monthly dividend yield of 2.26%, with an annual payout of approximately $2,260 on a $100,000 investment.
The WisdomTree MidCap Dividend ETF (DON) offers a monthly dividend yield of 2.26%, which would generate approximately $2,260 in annual payouts for a $100,000 investment. This ETF focuses on mid-cap di
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U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996
U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996. Supply disruptions linked to the U.S.-Iran war, Strait of H
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Bill Ackman's Pershing Square Liquidates Google in Q2, Establishes New Positions in Visa, Mastercard, S&P Global, and Netflix Worth Approximately $4.2 Billion
According to the latest 13F filing, Pershing Square Capital Management completely exited its Google (Alphabet) position in the second quarter, a position that had been reduced to just 0.8% of its $13.
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Ray Dalio likens current AI craze to 1929 and 2000 bubbles, noting current CAPE ratio of 42.6
Bridgewater Associates founder Ray Dalio stated in a podcast that the current AI craze is showing "classic bubble signs." He pointed out that the current cyclically adjusted price-to-earnings (CAPE) r
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BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
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Baidu (BIDU) shares fell as much as 11.6% on Tuesday after the company reported second-quarter revenue that declined 4% year-over-year to 31.3 billion yuan (approximately $4.62 billion) and diluted earnings per share that plunged 72% year-over-year to 5.74 yuan (approximately $0.85), both significantly missing analyst expectations.
Baidu's Q2 results fell short of analysts' expectations of RMB 31.95 billion in revenue and RMB 9.84 EPS, mainly due to its massive investments in artificial intelligence (AI) failing to yield quick r
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Applied Optoelectronics Expands U.S. Laser Capacity to Meet AI Data Center Demand, Targeting 650,000 Transceiver Units Monthly by Year-End
Applied Optoelectronics (NASDAQ:AAOI) is expanding its automated U.S. manufacturing capabilities to capitalize on growing demand for AI data centers and co-packaged optics, according to CFO and CSO St
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Bitcoin and Ethereum opened higher on Tuesday but fell back during the day due to ongoing Middle East conflict
On Tuesday, August 18, Eastern Time, Bitcoin opened at $64,487.65, up 2.7% from Monday's opening price; Ethereum opened at $1,911.89, up 2% from Monday's opening price. As of 9:19 AM Eastern Time, Bit
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Apple announced adjustments to App Store fees in the EU, effective October 1: The Core Technology Fee will be replaced by a 5% commission on digital transactions outside the App Store, in-app purchase commissions will be 26%, alternative payments will be 20%, and external purchase links will be 15%.
Apple announced adjustments to App Store fees in the EU, effective October 1: The Core Technology Fee will be replaced by a 5% commission on digital transactions outside the App Store, in-app purchase
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Jeff Currie: The market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching around $170/barrel.
Jeff Currie stated that the market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching approximately $170/barrel. He pointed out that crud
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Intel shares surged 330% over the past year, driven by 59% Data Center/AI growth in Q2 2026, with analysts setting a consensus target of $114.88.
Intel's significant rally, which also saw shares up 177.78% year-to-date, is fueled by a successful foundry ramp and strong AI segment performance. However, Wall Street's consensus target of $114.88 s
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