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Google has launched the Gemini 3.7 Flash model, with improved programming capabilities and a 50% price reduction, but the release date for the flagship 3.5 Pro model is still undetermined.
On Thursday, August 13, US Eastern Time, Google announced the launch of its latest model in the Gemini series, 3.7 Flash. This model focuses on programming, agents, and complex workflows, and is haile
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The Japanese government will deploy stronger AI safeguards, which are expected to include stricter disclosure requirements for generative AI.
The Japanese government will deploy stronger AI safeguards, which are expected to include stricter disclosure requirements for generative AI.
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Anthropic Institute Appoints Charles Yang as Chief of Staff to Probe AI's Economic, Societal, and Governance Impact
Charles Yang, who previously served as an AI for Science Fellow at Renaissance Philanthropy and an AI policy Advisor at the U.S. Department of Energy, began his role last month. He will work with the
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UWM, the largest mortgage lender in the US, lost $603 million due to interest rate bets, with Oaktree providing a $2.05 billion bailout at an annual interest rate of 10%.
United Wholesale Mortgage (UWM) lost $603.2 million on interest rate derivative positions during the three months of this spring, resulting in a net loss of $451.9 million in the second quarter. The c
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Bank of America reiterates "Buy" rating and $140 price target for CoreWeave, raises sales forecast but lowers earnings expectations.
Bank of America (BofA) reiterated its "buy" rating and $140 price target on CoreWeave (CRWV) stock, implying a 30% upside even after the stock's after-hours gain, following the company's strong Q2 202
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Russian President Putin visited the southern Kuril Islands, as Japanese Prime Minister Takaichi shifts diplomatic focus toward energy needs
Russian President Vladimir Putin visited the southern Kuril Islands on Thursday for the first time, capitalizing on an unstable moment in relations with Japan. This comes as Japanese Prime Minister Sa
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Citigroup CEO Fraser: Hopes the "Clarity for Payment Stablecoins Act" passes, but remains concerned about stablecoin reward issues.
Citigroup CEO Jane Fraser said she hopes the landmark cryptocurrency legislation passes into law, but she and others are still pushing for changes to the bill. Fraser expressed concern about the bill'
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Analysis: High US long-term government bond yields, Bitcoin $1 million price prediction may be overly optimistic
CoinDesk analysis suggests that while institutions like asset manager Bitwise predict Bitcoin could reach $1.3 million within a decade, comparing Bitcoin's price to the 30-year U.S. government bond yi
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Thompson Research Group CEO Kathryn Thompson suggests investors shift AI focus from chips to "old school" industrial themes, projecting over $5 trillion in spending.
Kathryn Thompson, Partner and CEO of Thompson Research Group, argued that markets are overly focused on near-term chip pricing, missing the massive industrial rebuild driven by AI. She projects over $
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Billionaire investor Bill Ackman calls his new fund Pershing Square USA's slumping stock price 'frankly absurd', as it has trailed the broader market since going public in April.
Billionaire investor Bill Ackman calls his new fund Pershing Square USA's slumping stock price 'frankly absurd', as it has trailed the broader market since going public in April.
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Archer Aviation stock has surged 45% in the past month, driven by a deal to acquire three Boeing subsidiaries including Wisk Aero, SkyGrid, and Insitu.
Archer Aviation announced on August 10 that it reached an agreement to purchase Boeing's subsidiaries Wisk Aero (eVTOL aircraft), SkyGrid (air traffic control software), and Insitu (uncrewed aircraft
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The U.S. Senate vote on the Cryptocurrency Clarity Act may be postponed until after the August recess.
The U.S. Senate vote on the Cryptocurrency Clarity Act may be postponed until after the August recess.
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The U.S. SEC may launch two initiatives targeting the crypto industry on Friday.
The U.S. Securities and Exchange Commission (SEC) may launch two initiatives targeting the cryptocurrency industry this Friday to advance related rule-making.
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Marvell Technology stock is down 37% from its highs, with analysts viewing the pullback as an opportunity due to strong AI data center demand.
Marvell Technology's shares have fallen amid investor caution on AI-linked stocks, despite the company reporting 28% year-over-year revenue growth. Management projects total revenue growth of 40% to $
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Fintech Chime Explores Integrating Stablecoins as New Feature on Its Consumer Banking App
Chime Financial Inc. is exploring how to bring stablecoins into its consumer banking platform, signaling the new form of money is evolving beyond crypto markets and into everyday payments.
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Michael Burry and Bill Ackman are buying beaten-down S&P Global and Adobe, arguing AI fears are misplaced.
Ackman disclosed he bought S&P Global (SPGI), which is down over 20% from its 2025 high, believing market fears that AI will commoditize financial data are aimed at the wrong part of the company. Burr
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24/7 Wall St. sets Amazon (AMZN) price target at $353.44, implying 32.24% upside, with zero of 62 analysts rating it a Sell
The analysis highlights that Wall Street's sentiment towards Amazon is overwhelmingly positive, with no sell ratings among 62 analysts. This outlook is driven by the acceleration of Amazon Web Service
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Housing Crisis Fuels Surge in Mortgage Muni Bond Securitizations
The nation’s affordable-housing shortage is fueling a fast-growing corner of the municipal bond market, as lenders securitize portfolios of multifamily mortgages to free up capital for new loans.
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Japan's top IT firms aim to switch to AI-led development by 2030, expecting up to 50% productivity boost but risking engineering job cuts.
Japan's top IT firms aim to switch to AI-led development by 2030, expecting up to 50% productivity boost but risking engineering job cuts.
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Sen. Sheldon Whitehouse Faces Ethics Complaint Alleging He Backed Laws Benefiting His Wife's Company and Their Financial Interests
Sen. Sheldon Whitehouse Faces Ethics Complaint Alleging He Backed Laws Benefiting His Wife's Company and Their Financial Interests
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Wall Street analysts maintain a consensus "Buy" rating on Meta Platforms (META), with an average price target of $754 implying a 30% upside from current levels.
Despite a post-Q2 2026 earnings selloff, 55 out of 62 analysts rate Meta as "Buy." Rosenblatt Securities holds the Street-high target of $1,117, suggesting a potential 100% gain, driven by expectation
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Motley Fool analysts suggest Planet Labs' stock, despite trading at 27 times this year's sales, appears cheap compared to peers like SpaceX (132x) and AST SpaceMobile (43x).
The analysis notes that Planet Labs' stock had rallied ahead of SpaceX's market debut in June but pulled back after the massive IPO diverted investor attention from smaller space stocks. A $1.5 billio
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Bernstein SocGen Group analysts reiterate "Outperform" rating for IREN, with a target price of $100, expecting approximately 120% upside.
Bernstein SocGen Group analyst Gautam Chhugani reiterated an "Outperform" rating for Iren Ltd. (IREN) on August 13, setting a price target of $100, implying an upside of approximately 120% from curren
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Oil prices stalled recently, as progress on a deal to end the Iran war was limited, with traders focusing on oil flows through the Strait of Hormuz.
Oil prices stalled recently, as progress on a deal to end the Iran war was limited, with traders focusing on oil flows through the Strait of Hormuz.
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Marvell Technology stock fell 6% to $219.28 on Tuesday morning as rising government bond yields offset a bullish report on its AI business from UBS.
Despite UBS issuing a bullish report on Marvell Technology's AI business, the company's stock fell 6% to $219.28 on Tuesday morning, as rising U.S. government bond yields put pressure on the semicondu
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Analysis: Amazon and Oracle are the most vulnerable hyperscalers to AI CapEx risk, posting free cash flow deficits of $27B and $24B respectively
Analysis indicates that both Amazon and Oracle spent more on AI capital expenditures than they generated in free cash flow, unlike Microsoft which still generated $68 billion in FCF despite high CapEx
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MarketWatch analysis suggests buying stocks at record highs is better than waiting for a crash, as waiting for a 20% drop could still result in a higher price
The analysis addresses investor nervousness about putting new money into the market when stocks are at all-time highs, noting that record highs are a characteristic of bull markets. It counters the co
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Berkshire Hathaway made Alphabet (GOOG) its biggest second-quarter move, adding $17 billion to its stake, making it the third-largest holding.
Alphabet (GOOG) currently trades at $343.54. The company reported Q2 revenue of $119.80 billion, with Google Cloud accelerating to 82% growth, and trades at 17 times trailing earnings. Of 63 analysts,
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Longview Global Analyst Warns China's 20% Savings Rate Fuels 'China Shock 2.0' as Surplus Output Floods Global Markets
Longview Global Senior Policy Analyst Dewardric McNeal stated in a CNBC interview on Monday, August 17, that China's household savings rate, which is 20% of GDP and double the OECD average, indicates
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Trump says all mines were removed or detonated in Hormuz Strait
Trump says all mines were removed or detonated in Hormuz Strait
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Pershing Square Holdings views Meta Platforms (META) 18倍远期市盈率为被低估的估值，预计未来几年盈利增长超20%
Pershing Square Holdings在其2026年第二季度致投资者信中指出，Meta Platforms (META) 的股价在第二季度下跌1%，年初至今下跌15%，主要受其AI计划相关的运营和资本支出增加影响。尽管如此，该投资公司认为Meta是AI的明确受益者，AI正推动更高的用户参与度、更好的广告变现和产品创新。Pershing Square预计Meta未来几年盈利将以20%以上的
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Pershing Square: AI Demand Drives Amazon AWS Revenue Growth Over 30%, Retail Sales Hit New High Since 2021
Investment firm Pershing Square Holdings stated in its Q2 2026 investor letter that the accelerated growth in artificial intelligence (AI) demand has significantly boosted revenue growth for Amazon's
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JPMorgan Chase's Kai Haul: The Federal Reserve Should "Just Hike and Get On With It," Markets Dislike Lack of Forward Guidance
JPMorgan Chase Asset Management's U.S. GFICC CIO Kay Herr said the Federal Reserve should "just hike and move on," arguing that the market "really doesn't like the fact that we don't have forward guid
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Kraken-commissioned survey finds 63% of Americans feel financially behind, 47% see credit cards as only path to meaningful rewards
A national survey of 2,001 US adults, commissioned by Kraken and conducted by Morning Consult, revealed that nearly two-thirds of Americans believe they are falling behind financially compared to thei
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U.S. Congressional Advisory Body: China's Data Advantage May Give It Lead Over U.S. in AI Competition
The U.S. Congress's advisory body, the U.S.-China Economic and Security Review Commission, released a report on Tuesday stating that China is commercializing and monetizing data as a national strategi
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Analysis shows that large Wall Street funds generally hold Google (Alphabet) stock, with 19 out of the 20 largest funds holding it.
Wolf Financial's analysis of the latest 13F reports as of June 30 shows that Google (Alphabet) attracted the most buyers during the same period, with 11 institutions increasing their holdings and 6 de
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Pershing Square Holdings highlights Brookfield Corp. (BN) in Q2 2026 letter, noting its 5% Q2 share price rise despite sector concerns
Pershing Square Holdings在其2026年第二季度投资者信中指出，Brookfield Corporation (BN) 股价在第二季度上涨5%，但年初至今仍下跌7%。该基金认为，尽管市场对商业发展公司作为增长载体以及资产管理公司在私募信贷和/或软件公司的高投资配置存在普遍担忧，但Brookfield对这些风险的敞口微不足道，因此今年迄今表现优于同行。Pershing Squa
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Pershing Square Holdings: Microsoft (MSFT) Valuation Falls to Decade Low as Investors Worry About AI Disruption and Spending Issues
Pershing Square Holdings, in its Q2 2026 investor letter, noted that Microsoft (MSFT) shares are currently trading at one of their lowest price-to-earnings multiples in the past decade. This reflects
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Global Settlement Network CEO Ryan Kirkley says crypto's 'easy-money era' is ending with over 100 projects shutting down in 2026 due to inflated valuations and weak business models
Kirkley noted that venture investors deployed about $4 billion across 355 crypto and blockchain deals in Q1 2026, roughly half the capital invested in Q4 2025. He also warned that if Bitcoin breaks it
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US July Import Prices Fell 0.4% Month-over-Month, Export Prices Dropped 1.3%
US import prices for July decreased by 0.4% month-over-month, falling short of the estimated 0.1% increase. Export prices also saw a significant decline, dropping 1.3% month-over-month, which was belo
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Billionaire David Tepper's Appaloosa Management disclosed new positions in American Airlines and Boeing stock in the second quarter.
According to its Q2 2026 13F filing, Appaloosa Management, the hedge fund run by David Tepper, known for his successful bet on Micron Technology, established new positions in American Airlines with 7.
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Bank of America and Morgan Stanley both expect Apple to launch a foldable iPhone in September 2026, with prediction markets showing an 81% probability.
Both Bank of America (BofA) and Morgan Stanley have set September 2026 as the target release date for Apple's foldable iPhone, with prediction markets assigning an 81% probability of launch. BofA warn
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IAEA reports drone explosion near Zaporizhzhya NPP bus stop today at around 06:00, causing 16 casualties including one death and three serious injuries
IAEA reports drone explosion near Zaporizhzhya NPP bus stop today at around 06:00, causing 16 casualties including one death and three serious injuries
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U.S. industrial production rose 0.2% in July, missing the forecast of 0.3%.
Manufacturing output increased 0.2%, matching expectations, while mining gained 0.2% and utilities rose 0.5%. Capacity utilization edged up to 76.3%, in line with forecasts. Meanwhile, the annualized
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Bond Selloff Is Mostly a Fed Story, Says BofA’s Cabana
Bond Selloff Is Mostly a Fed Story, Says BofA’s Cabana
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Canadian Firms' Private Credit Exposure Reaches C$500 Billion ($360 Billion), Primarily in US Markets
According to new research from the Bank of Canada, Canadian financial institutions and funds have accumulated approximately C$500 billion ($360 billion) in private credit exposure, with the majority o
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The London Company Income Equity Strategy Reduced TE Connectivity (TEL) Holdings to Manage AI and Data Center Exposure
The London Company's Income Equity Strategy, as disclosed in its Q2 2026 investor letter, reduced its position in TE Connectivity Ltd. (NYSE:TEL). This move was made to manage concentrated exposure to
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NASA on Monday awarded Blue Origin, Firefly Aerospace, and other companies contracts for future mission payload services.
The National Aeronautics and Space Administration (NASA) on Monday awarded payload services contracts for future missions to Blue Origin, Firefly Aerospace, L3Harris, and All Points Logistics. Meanwhi
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