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Adobe Analytics: In June, 41% of U.S. consumers used generative AI for online shopping, with AI-driven visitors showing a 41% higher revenue conversion rate.
Reuters reported on August 7 that Adobe Analytics data showed 41% of U.S. consumers used generative AI for online shopping in June. Visitors driven by AI services generated 41% more revenue per visit
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Donald Trump's son-in-law Kushner to visit Israel, Egypt next week after Netanyahu rejected Gaza peace plan
Jared Kushner, former US President Donald Trump's son-in-law and aide, plans to visit Israel and Egypt next week to support a US-backed peace plan aimed at permanently ending Israel's war in Gaza. The
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AlphaSimplex Group Chief Research Strategist Kaminski Says Bond Markets Have Been Hard to Trade From a Trend Perspective
AlphaSimplex Group Chief Research Strategist Kaminski Says Bond Markets Have Been Hard to Trade From a Trend Perspective
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S&P 500 and Russell 2000 indices hit all-time highs, Nasdaq index broke through recent resistance
The S&P 500 and small-cap Russell 2000 indices both reached new highs, while the Nasdaq index broke through recent resistance, all under the continued digestion of recent strong gains.
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Musk stated that SpaceX expects to reach $1 trillion in revenue by 2030, one year ahead of its previous target.
SpaceX CEO Elon Musk stated during the Q2 earnings call that the company expects to achieve $1 trillion in revenue by 2030, one year ahead of its previously set target of 2031. Analysis indicates that
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First Trust RBA American Industrial Renaissance® ETF (AIRR) Faces September Rebalance Challenge, May Shed Data Center Construction-Related Winners
The ETF has approximately $10 billion in assets under management, primarily investing in companies that provide electrical and mechanical services for data center construction in the US, making it a d
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Turkey's Ministry of National Defense disclosed details of the joint defense agreement between Turkey, Pakistan, and Saudi Arabia, stipulating that an armed attack on any member state will be considered an attack on all member states.
The protocol was signed about a week ago, and Turkey's Ministry of National Defense announced more details this Thursday, including plans for joint military exercises and deepening defense industry co
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Heartflow (HTFL) stock surged after Q2 sales hit $64.1 million (+48% YoY), beating estimates, and the company issued "outsized" guidance.
Heartflow (HTFL) stock surged after Q2 sales hit $64.1 million (+48% YoY), beating estimates, and the company issued "outsized" guidance.
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Polen Capital Management added to its NVIDIA (NVDA) position in Q2 2026, citing compressed valuation and continued AI infrastructure dominance.
Polen Capital Management added to its NVIDIA (NVDA) position in Q2 2026, citing compressed valuation and continued AI infrastructure dominance. The firm believes NVIDIA remains the dominant provider o
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Polen Capital initiates position in Taiwan Semiconductor (TSM), citing its role as a dominant pure semiconductor foundry benefiting from the AI cycle
In its Q2 2026 investor letter, Polen Focus Growth Strategy stated that Taiwan Semiconductor Manufacturing Company (TSM) is the dominant pure semiconductor foundry globally, benefiting from the curren
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Polen Capital Q2 Report: Polen Focus Growth Fund Buys GE Vernova (GEV) on AI Infrastructure and Power Demand Growth
Polen Capital Management Llc disclosed in its Q2 2026 investor letter that the Polen Focus Growth fund initiated a new position in GE Vernova (GEV) during the new quarter. The fund believes that GE Ve
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Polen Capital initiated a new position in GE Aerospace (GE) in Q2 2026, viewing it as one of the highest-quality industrial businesses globally
In its Q2 2026 investor letter, Polen Capital Management's Polen Focus Growth Strategy highlighted GE Aerospace (GE), stating it initiated a new position. The firm views GE Aerospace as a high-quality
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US August Michigan Consumer Sentiment Index preliminary value fell to 51, the first decline in three months, lower than the expected 55; one-year inflation expectation rose to 4.3%.
The preliminary report released by the University of Michigan on Friday showed that the US consumer confidence index's preliminary reading for August fell to 51 from 55.2 in July, lower than the 55 ex
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Elon Musk Discloses Nearly 50% Stake in SpaceX Worth Over $900 Billion
Elon Musk disclosed his nearly 50% stake in SpaceX, valued at over $900 billion, in a filing with the Securities and Exchange Commission late Thursday.
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Aoris International Fund highlights Microsoft (MSFT) AI strategy, citing its strong position as the second-largest cloud provider and primary infrastructure provider for OpenAI.
In its Q2 2026 investor letter, Aoris International Fund stated that AI presents a significant opportunity for Microsoft, which the company is pursuing with urgency. The fund noted that only about a t
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Analysis points out that AI data center construction faces bottlenecks in chips, labor, regulation, and electricity, and that trillion-dollar investments are difficult to resolve.
Despite Goldman Sachs' projection of global AI data center spending reaching $1 trillion by 2026, and JPMorgan Chase and Bank of America also forecasting hundreds of billions of dollars in investment
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Dow Jones Industrial Average falls after weaker-than-expected retail sales, while Applied Materials dives on earnings
The Dow Jones Industrial Average fell less than 0.1% on Friday, as Wall Street digested weaker-than-expected retail sales data. Meanwhile, Applied Materials (AMAT) was a big mover following its earnin
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Polen Capital Management disclosed in its Q2 2026 investor letter that it had initiated a new position in EMCOR Group (EME).
Polen Capital Management, in its Q2 2026 investor letter for the "Polen Focus Growth Strategy," stated that EMCOR Group, the largest mechanical, electrical, and plumbing specialty contractor in the Un
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Aoris International Fund noted in its Q2 2026 investor letter that Amphenol (APH) benefited from data center infrastructure build-out, with its data center revenue growing 81% year-over-year in the March 2026 quarter.
Aoris International Fund noted in its Q2 2026 investor letter that Amphenol (APH) benefited from data center infrastructure build-out, with its data center revenue growing 81% year-over-year in the Ma
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Binance to restrict transactions involving HTX and 10 other crypto platforms, with HTX recently added to EU's Russia sanctions list
Binance to restrict transactions involving HTX and 10 other crypto platforms, with HTX recently added to EU's Russia sanctions list
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Colombia's corporate bond sales rebound after four-year slump, driven by market-friendly government and falling sovereign yields.
The rebound in local corporate bond sales follows a right-wing shift in the government, which has stimulated investor demand for local assets and triggered a drop in sovereign yields.
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The DXY fell to its lowest level since May after unexpectedly weak US retail sales data dampened expectations for a rate hike this year.
The Bloomberg Dollar Spot Index fell 0.4% on Friday to its lowest level since May 29. This followed unexpectedly weak US retail sales data, which prompted traders to further scale back expectations fo
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Silver prices rose to $65.14 per ounce on Friday, after weaker inflation data this week reduced expectations of a September interest rate hike by the Federal Reserve.
Silver futures opened lower on Friday but rebounded above $65 in early trading, reaching a high of $65.14 per ounce. The market generally believes that the weak inflation data released this week has r
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Saudi Arabia announces the launch of a Red Sea defence alliance with 13 countries to safeguard navigation through the Bab al-Mandeb Strait, Red Sea and Gulf of Aden
The coalition, which includes Bahrain, Bangladesh, Comoros, Djibouti, Egypt, Jordan, Kuwait, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Turkiye, and Yemen, aims to strengthen collective maritime d
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HKICPA urges Hong Kong government to introduce tax incentives for Northern Metropolis development and improve stock exchange's listing regime
The Hong Kong Institute of Certified Public Accountants (HKICPA) has submitted its recommendations for Hong Kong's first five-year plan, asking the government to consider tax incentives for investors
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Russia fires top economist Andrei Klepach after he warned its economy cannot win prolonged Ukraine war
Russia dismissed Andrei Klepach, former chief economist of state-controlled development bank VEB and a former deputy economy minister, on Sunday. His dismissal followed a report he presented warning t
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UK Government awards KPMG and EY a civil servants training contract worth up to £456 million
The UK Government has awarded a contract worth up to £456 million to consultancy firms KPMG and EY for training civil servants between 2026 and 2028, according to the Financial Times, citing governmen
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Ed Yardeni Raises S&P 500 2026 Price Target to 8,400, Implying 8% Further Gain
Well-known market strategist Ed Yardeni of Yardeni Research recently raised his S&P 500 price target for 2026 to 8,400. The current S&P 500 stands at approximately 7,756 as of August 17, meaning the n
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JPMorgan's Madison Faller suggests investors be more selective with European stocks as improving earnings are increasingly reflected in valuations.
JPMorgan's Madison Faller suggests investors be more selective with European stocks as improving earnings are increasingly reflected in valuations.
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Dangote’s Nigeria Refinery Secures $400 Million Ahead of $2 Billion IPO
Dangote’s Nigeria Refinery Secures $400 Million Ahead of $2 Billion IPO
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The Hong Kong SFC welcomes the National Financial Regulatory Administration's announcement supporting Mainland insurance companies' investment in Hong Kong ETFs via Stock Connect.
The Hong Kong SFC welcomes the National Financial Regulatory Administration's announcement supporting Mainland insurance companies' investment in Hong Kong ETFs via Stock Connect.
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Social Security Earnings Test Can Treat Farmland Income as 'Working' if Owner Actively Manages Crop-Share Leases
For individuals filing for Social Security before full retirement age, income from actively managed crop-share farmland leases can be classified as self-employment earnings, triggering the retirement
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Billionaire Izzy Englander's Millennium Management bought over 17.6 million SpaceX shares in Q2 2026, prior to its lockup expiration on August 6.
Billionaire Izzy Englander's Millennium Management bought over 17.6 million SpaceX shares in Q2 2026, prior to its lockup expiration on August 6. The hedge fund also held call options on 349,300 share
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China adds 8 banks to its digital yuan network, bringing total operators to 30; new lenders will offer e-CNY services after operational and technical preparations
China adds 8 banks to its digital yuan network, bringing total operators to 30; new lenders will offer e-CNY services after operational and technical preparations
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South Korea moves to block Polymarket over gambling concerns
The Korea Media and Communications Commission stated that Polymarket's structure and operations amount to illegal gambling, despite its noncustodial design and smart contracts.
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Iran's Top Negotiator Qalibaf Says Strait of Hormuz Will Remain Closed Until U.S. Meets Interim Deal Conditions
Iran's Top Negotiator Qalibaf Says Strait of Hormuz Will Remain Closed Until U.S. Meets Interim Deal Conditions
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Morgan Stanley's Wilson: Gold is in a 25-year bull market and is a defensive asset; the bank maintains its H2 2026 gold price target of $5,200/ounce, but whether it can be achieved depends on ETF flows.
Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley, recently stated that gold is in a long-term bull market that has lasted approximately 25 years, making it an i
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India, the world’s second-largest sugar producer, weighs import duty cut to curb record local prices
India, the world’s second-largest sugar producer, weighs import duty cut to curb record local prices
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Samsung Electro-Mechanics' glass substrate mass production timeline has been postponed for the third time, as prototypes failed client certification. Production is now expected to begin in 202 earliest.
GlaSSEM, a joint venture between Samsung Electro-Mechanics and Doosan D&T, has had its mass production schedule for glass substrates delayed at least three times. According to The Elec, since equipmen
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UBS warns: German natural gas inventories fall to 17-year low of 48% for this time of year, gas prices may surge this winter, inflation faces upside risk
Simon Penn, a macro strategist at UBS in London, noted in a report released on Monday that Germany's natural gas storage facilities are currently only 48% full, significantly lower than 65% a year ago
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Germany Is Set to Sell 30-Year Bonds at Highest Yield Since 2011
Germany's borrowing costs are poised to hit a 15-year high in a major sale of long-dated bonds, as investors demand greater compensation for lending to increasingly-indebted governments still grapplin
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China holds former Premier Zhu Rongji's funeral, censors public mourning amid concerns over criticism of current leadership
Former Premier Zhu Rongji, who died last week at 97, was cremated at a low-key funeral in Beijing on Tuesday, attended by President Xi Jinping. Authorities are reportedly wary that public mourning for
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Rising US Treasury Yields Threaten to Undermine Asia's AI-Driven Stock Rally
The rapid climb in US Treasury yields is emerging as a significant risk to the AI-driven stock rally across Asia, highlighting technology firms' vulnerability to elevated borrowing costs.
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Moody's raises South Korea's 2026 growth forecast to 3.5% from 2.5%, betting on AI-driven memory chip boom extending into mid-2027
Moody's raises South Korea's 2026 growth forecast to 3.5% from 2.5%, betting on AI-driven memory chip boom extending into mid-2027
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South Korea's Industry Ministry Denies Semiconductors Are First Project for US Investment Commitments
The ministry on Tuesday denied a local newspaper report that Seoul had initially considered semiconductors as the first strategic investment project in the US under its investment commitments.
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Vietnam plans to upgrade Bac Ninh province, home to Samsung's manufacturing hub, and Quang Ninh province, home to Ha Long Bay, into centrally-governed cities.
The move aims to turn the two major foreign direct investment (FDI) destinations into new growth poles to promote investment and industrial development. Bac Ninh province is Vietnam's largest exporter
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India's National Stock Exchange (NSE) is reportedly seeking a valuation of up to $55 billion, potentially setting a new IPO record in India.
India's National Stock Exchange (NSE), the world's largest derivatives exchange operator by trading volume, is planning to seek a valuation of up to 5.26 trillion rupees (approximately $55 billion) in
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Bond Rout Sends Long-Term Borrowing Costs to Highest in Decades Amid Investor Angst Over Inflation and AI Debt
Bond Rout Sends Long-Term Borrowing Costs to Highest in Decades Amid Investor Angst Over Inflation and AI Debt
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Macro
24H Trending
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Bank of America Projects Micron's Earnings to Grow 34% Annually Through Fiscal 2030, Driven by AI Memory Demand
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FINNY AI Launches "Pay-for-Growth" Pricing Model, $50 Monthly Platform Fee Plus Percentage of Client Assets; LPL Financial Adds It to Preferred Vendor List
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Sri Lanka SEC Chairman: Government "Seriously Working" on Listing State Firms via Holding Company on Colombo Bourse
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ADAO Coin Polysemic Analysis: An Overview of ADADao, AlgoDAO, and Cardano Service-Oriented DAO Projects
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According to Curinos data, the average variable interest rate for U.S. HELOCs fell to 7.16%, a new low for 2026, while the average interest rate for fixed-rate home equity loans was 7.35%, with a difference of 19 basis points between the two.
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Bybit Launches PYBOBO Token Splash Event With a 200 Million PYBOBO Prize Pool
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SHAK Coin (Shakita Inu) Project Overview and Market Liquidity Analysis
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RETA Coin Polysemy Analysis: The Current Status and Trading Channels of Realital Metaverse and Retatrutide Tokens
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Azerbaijan aims to boost its tech sector, which accounted for 2.1% of GDP last year, by attracting foreign investment and establishing a new legal framework.
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Trump stated that Israelis should not be striking in Gaza and he may endorse someone in the Israeli election.
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