Macro
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IREN shares jump over 10% after Microsoft accepts its first AI data center, part of a $9.7 billion cloud services deal
IREN Ltd. (NASDAQ:IREN) announced that Microsoft Corp. (NASDAQ:MSFT) formally approved Horizon 1, the first of four AI data centers IREN is building under their five-year, $9.7 billion cloud services
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Lebanese Americans Sue U.S. Government, Defense Contractors Over Israeli War Conduct in Lebanon
A group in Michigan has spearheaded a class-action lawsuit, accusing the U.S. government and defense contractors including Boeing, Lockheed Martin, and Caterpillar of violating U.S. laws prohibiting a
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Survey shows many Americans' retirement savings are far below the $1.2 million target, and the timing of Social Security claims is crucial.
A Schroders survey indicates that over half of U.S. retirement plan participants expect to have less than $500,000 saved by retirement, with 24% anticipating less than $250,000. This is significantly
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TCW Concentrated Large Cap Growth Fund在2026年第二季度增持美光科技(MU),认为其是AI基础设施建设的明确受益者
TCW Concentrated Large Cap Growth Fund在2026年第二季度增持美光科技(MU),认为其是AI基础设施建设的明确受益者
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Oxford Economics expects July headline PCE inflation to rise 3.6% year-over-year, slightly easing from June's 3.7%, and anticipates the Fed will keep rates unchanged for the rest of 2026.
Oxford Economics expects July headline PCE inflation to rise 3.6% year-over-year, slightly easing from June's 3.7%, and anticipates the Fed will keep rates unchanged for the rest of 2026. The firm cit
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TCW Concentrated Large Cap Growth Fund listed KLA Corporation (KLAC) as a new holding in its Q2 2026 investor letter, believing the company will benefit from semiconductor chip complexity.
The fund noted that KLA Corporation, as a developer and manufacturer of advanced process control solutions for semiconductor chip manufacturing, produces products that help accelerate chip development
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TCW Fund Q2 Investor Letter: Cybersecurity company CrowdStrike (CRWD) delivered solid results and raised guidance, benefiting from increased cybersecurity spending driven by the proliferation of AI agents.
TCW Concentrated Large Cap Growth Fund noted in its Q2 2026 investor letter that cybersecurity technology company CrowdStrike Holdings (CRWD) reported robust quarterly results, including $256 million
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TCW Concentrated Large Cap Growth Fund Highlights Palo Alto Networks (PANW) as Key Contributor in Q2 2026 Investor Letter, Citing AI-Driven Growth and Raised Guidance
The fund stated that Palo Alto Networks' shares rose after the company reported strong quarterly results, including accelerating organic growth driven by AI, CyberArk integration running ahead of plan
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SpaceX stock surged 9.7% on Wednesday after Elon Musk released a new Grok AI model and held a companywide meeting.
SpaceX stock surged 9.7% on Wednesday after Elon Musk released a new Grok AI model and held a companywide meeting. The stock later reversed some of those gains early Thursday morning, falling about 1.
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S&P 500 hits intraday record high, last up 0.6%
S&P 500 hits intraday record high, last up 0.6%
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The U.S. Treasury will auction $25 billion in 30-year government bonds, following 10-year government bond yields reaching their highest level since 2007.
The U.S. Treasury plans to auction $25 billion in 30-year bonds. This comes after the yield on 10-year Treasury notes reached its highest level since 2007.
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Priya Misra, a portfolio manager at JPMorgan Chase Asset Management, discusses the resilience of the U.S. economy and the Federal Reserve's future interest rate path.
Priya Misra, a portfolio manager at JPMorgan Chase Asset Management, discusses the resilience of the U.S. economy and the Federal Reserve's future interest rate path.
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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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Iran Foreign Ministry Spokesman Warns Against 'Baseless' Accusations, Citing 'False Flag Operations'
Iran Foreign Ministry Spokesman Warns Against 'Baseless' Accusations, Citing 'False Flag Operations'
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Iran's Foreign Ministry Spokesperson Rejects UAE's Statement on Missiles Being Launched from Iran Against the Gulf Country
Iran's Foreign Ministry Spokesperson Rejects UAE's Statement on Missiles Being Launched from Iran Against the Gulf Country
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Bond Traders Are Hedging Risk of Fed Pivoting to Rate Cuts in 2027
Bond traders are adjusting their positions, using options market wagers to hedge against the risk that the Federal Reserve will pivot to cutting rates in 2027. This shift comes after recent data large
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White House crypto adviser Patrick Witt is "optimistic and bullish" on Clarity Act, with first vote scheduled for September 15
White House crypto adviser Patrick Witt expressed optimism about the Clarity Act, a comprehensive federal regulatory framework for the crypto industry, ahead of its first planned cloture vote on Septe
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Ripple CLO Stuart Alderoty says September 15 will be a "bellwether" for the "Clarity Act" to advance in Congress.
Alderoty pointed out that on September 15, the Senate will hold its first procedural motion on the bill, the "motion to proceed," which requires 60 votes to pass. He warned that if the legislation fai
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U.S. Treasury to auction $16 billion in 20-year bonds Wednesday, facing highest borrowing cost in six years
The auction aims to help finance the country's nearly $1.8 trillion budget deficit this year. Investors are anticipated to demand a yield close to 5.8%, which would be the highest cost for Washington
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A rare divergence has emerged in the government bond market, with 30-year and 2-year bonds moving in different directions.
A rare divergence has emerged in the government bond market, with 30-year and 2-year bonds moving in different directions.
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Trump administration is considering imposing restrictions on Chinese open-weight AI models, Nikkei Asia reports
The move comes as China's DeepSeek recently released its V4 Pro open-weight AI model, intensifying debate in Washington and Silicon Valley on how the U.S. should respond to the rise of such Chinese AI
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Mortgage Rates Rise Slightly, With 7% Rates Back on Table Amid Bond Selloff
Mortgage rates rose slightly on Tuesday due to a deepening bond market selloff. Investors are offloading Treasurys amid concerns over the expanding U.S. debt load, government borrowing needs, and moun
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The U.S. Securities and Exchange Commission (SEC) proposed providing a securities registration exemption for crypto asset offerings that meet certain thresholds.
The U.S. Securities and Exchange Commission (SEC) proposed providing a securities registration exemption for crypto asset offerings that meet certain thresholds.
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Wyoming Replaces LayerZero for State Stablecoin Due to Security Concerns, Marking First US Government Blockchain Infrastructure Switch on Security Grounds
Wyoming's decision to replace its blockchain infrastructure for the state stablecoin specifically on security grounds makes it the first U.S. government entity to publicly do so. This move sees Wyomin
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US Energy Under Secretary Haustveit says about half of Venezuela's oil output is now being exported to the US
US Energy Under Secretary Haustveit says about half of Venezuela's oil output is now being exported to the US
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Politico: Several independent U.S. oil producers are expected to sign production contracts with Venezuela's state oil company PdVSA on Tuesday.
The agreements are expected to significantly expand U.S. energy involvement in Venezuela, according to Politico, citing three sources familiar with the matter. The signing ceremony is anticipated to t
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Inside the Race to Build America’s First Nuclear Reactor in a Generation
At the Idaho National Lab, Oklo and its rivals are competing to revive the long-stagnant nuclear industry, driven by renewed interest in atomic energy and the boom in AI.
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White House: Violent Crime in the U.S. Fell Significantly During the Donald Trump Administration, with Violent Crime Rate Down 9.3% and Murder Rate Down 18.1% in 2025
The White House announced that, according to the latest 2025 Uniform Crime Report released by the Federal Bureau of Investigation (FBI), the violent crime rate in the United States significantly decre
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The United States on Tuesday downplayed hopes of reaching a trade deal with Canada.
The United States on Tuesday downplayed hopes of reaching a trade deal with Canada.
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SEC Proposes 'Regulation Crypto Assets' to Create Clear Framework for Crypto Asset Investment Contracts
The U.S. Securities and Exchange Commission announced it has proposed new rules, titled “Regulation Crypto Assets,” aimed at establishing a clear and fit-for-purpose framework for certain investment c
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Ex-Tricolor Executives Face SEC Lawsuit After Firm Collapse
The US Securities and Exchange Commission (SEC) has sued Tricolor Holdings founder Daniel Chu, who already faces federal charges, and two other former executives. They are accused of allegedly defraud
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Former US National Security Advisor Sullivan stated that Donald Trump would eventually have to make a "bad deal" with Iran.
Former US National Security Advisor Jake Sullivan stated that as Iran increases its leverage in negotiations with the United States, Donald Trump will ultimately have to "bite the bullet and make a ba
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At least five grain ships struck near Russian Black Sea ports of Novorossiysk and Tuapse amid heightened Ukrainian strikes
At least five grain ships struck near Russian Black Sea ports of Novorossiysk and Tuapse amid heightened Ukrainian strikes
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OpenAI institutes new safeguards after Hugging Face breach, including enhanced monitoring and network isolation
OpenAI announced new security policies on Tuesday, focusing on containing security incidents during model testing. These measures include more detailed monitoring of models during development, greater
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Broadcom's stock has outperformed the market in 12 of the past 13 years, with analysts suggesting it could do so again in 2026 amid strong AI chip growth
Broadcom's CEO previously stated that the company's AI chip revenue could exceed $100 billion next year. The company's revenue also grew 48% in its most recent quarter, driven by partnerships with hyp
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BlackRock and VanEck reports explain Bitcoin's 50% crash, citing extreme leverage and capital rotation to AI funds
BlackRock's "Re-Underwriting Bitcoin" whitepaper attributes the crash to a market dangerously stretched by October 2025, with futures open interest topping $90 billion, 80% of which was in offshore pe
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Musk stated that SpaceX is expected to achieve an annual revenue of $1 trillion by 2030, one year ahead of schedule.
Elon Musk stated that SpaceX is expected to achieve $1 trillion in annual revenue by 2030, one year ahead of schedule. Analysis indicates that to reach this goal, SpaceX would need to achieve a five-y
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Macro
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