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NVIDIA Plans to Invest $100 Billion in Ohio to Build Data Center for OpenAI
NVIDIA Plans to Invest $100 Billion in Ohio to Build Data Center for OpenAI
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Gold futures opened up 0.1% to $4,440.10/ounce on Monday, driven by a 0.6% drop in July retail sales and an 8% decline in August consumer sentiment.
Gold futures opened up 0.1% to $4,440.10/ounce on Monday, driven by a 0.6% drop in July retail sales and an 8% decline in August consumer sentiment.
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Claude AI initiates position in Uber (UBER), buying 75 shares at $76.17, calling the stock 'boring, not broken'.
The AI model, participating in the Rallies Arena public experiment, cited Uber's P/E of 16x, approximately $10 billion in trailing twelve-month operating cash flow, strong revenue growth, and 202 mill
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NVIDIA Invests $1.5 Billion in SB Energy for 8GW AI Data Center Partnership, OpenAI to be Sole Tenant
NVIDIA Invests $1.5 Billion in SB Energy for 8GW AI Data Center Partnership, OpenAI to be Sole Tenant
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"Big Short" investor Steve Eisman: AI boom has an "Achilles' heel," but it's too early to short now
Eisman points out that the "Achilles' heel" of the AI boom lies in its heavy reliance on OpenAI and Anthropic. He states that these two companies contribute approximately 70% of AI revenue from Micros
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Saudi Arabia Offers Oil Off Oman Coast, Signaling Potential Increase in Strait of Hormuz Shuttling
This move suggests the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
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BCA Research: Stock market wealth effect on U.S. consumer spending has doubled since 1990, with every $1 increase in equity prices boosting consumption by 3%.
BCA Research: Stock market wealth effect on U.S. consumer spending has doubled since 1990, with every $1 increase in equity prices boosting consumption by 3%.
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Wells Fargo Investment Institute lowered its gold price target, revising its year-end 2026 target from $5,300-$5,500/ounce to $4,900-$5,100/ounce, and its year-end 2027 target from $5,800-$6,000/ounce to $5,400-$5,600/ounce.
Wells Fargo Investment Institute lowered its gold price targets, revising its year-end 2026 target from $5,300-$5,500/ounce down to $4,900-$5,100/ounce, and its year-end 2027 target from $5,800-$6,000
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KeyBanc analyst expects SpaceX to seek ~$325 billion in additional capital over next 18-24 months for AI capacity buildout
KeyBanc analyst Michael Leshock stated in a new note that SpaceX is poised to face significant capital expenditures and large capital raises in the coming months. Leshock projects the company will nee
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Wells Fargo Investment Institute reverses forecast, now expects the Fed to hike rates by 25 bps in 2026 and another 25 bps in 2027, taking the federal funds rate to 4.00%–4.25%.
Wells Fargo Investment Institute reverses forecast, now expects the Fed to hike rates by 25 bps in 2026 and another 25 bps in 2027, taking the federal funds rate to 4.00%–4.25%.
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Social Security will use 2025 tax return data to determine 2027 Medicare IRMAA surcharges, with premiums announced in November.
Under the two-year lookback rule, the Modified Adjusted Gross Income (MAGI) from the 2025 tax return (Line 11 AGI plus tax-exempt municipal bond interest from Line 2a) will be used to calculate the in
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Evercore ISI strategist Julian Emanuel says S&P 500 could hit 9,000 within 12 months.
Emanuel's forecast implies roughly 16% upside from current levels. He argues traditional bull-market killers — recession, surging long-term yields and extreme investor FOMO — are not yet evident, and
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France's 10-Year Government Bond Yield Hits Highest Since June 2009 at 4.0516%, Up One BP
France's 10-Year Government Bond Yield Hits Highest Since June 2009 at 4.0516%, Up One BP
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Reddit's Q2 Data Licensing Revenue Grew 24% to $43 Million, with Google and OpenAI as Its Two Largest Buyers
Reddit announced Q2 data licensing revenue of $43 million, a 24% year-over-year increase. Google and OpenAI are its two largest data licensing clients, primarily utilizing Reddit's data to train large
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Stripe acquires AI model gateway OpenRouter for over $7 billion
The acquisition of OpenRouter, a startup that helps developers select and switch between AI models, follows its $113 million Series B funding round at a reported $1.3 billion valuation just months ago
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JPMorgan Raises 2026 Year-End Target for Japan's TOPIX Index to 4,600 from 4,400
JPMorgan Raises 2026 Year-End Target for Japan's TOPIX Index to 4,600 from 4,400
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AI dictation startup Wispr raises $280M in Series B funding at a $2B valuation, led by Menlo Ventures
The latest round brings Wispr's total funding to over $361 million. The company plans to use the capital to expand its footprint beyond dictation into new areas, such as meeting note-taking, and to la
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Goldman Sachs warns of a slowdown in US consumer spending growth, projecting real consumer spending growth to ease to 1-1.5% in the second half of the year as the boost from tax refunds diminishes.
Goldman Sachs economist Jan Hatzius noted in a new report that S&P 500 discretionary consumer companies saw sales grow by 5.9% year-over-year in the second quarter, while staple consumer companies gre
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Unitree Robotics, a humanoid robot company, will be listed on the Sci-Tech Innovation Board on August 19, with an issue price of 150.80 yuan per share and a market capitalization of approximately 60.993 billion yuan.
Unitree Robotics has completed its pricing at an issue price of 150.80 yuan per share, corresponding to a total market capitalization of approximately 60.993 billion yuan after issuance. The price-to-
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Elon Musk is SpaceX's largest shareholder with a 48.8% stake; Alphabet, Nvidia, and Peter Thiel also hold significant shares, according to recent filings.
Elon Musk is SpaceX's largest shareholder with a 48.8% stake, controlling approximately 6.42 billion shares of the company. Recent filings also reveal that tech giants Alphabet (Google), Nvidia, and i
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New Era Energy & Digital (NUAI) has been granted a construction permit for a critical data center project in Texas, with a total estimated capacity of 757MW.
New Era Energy & Digital (NASDAQ:NUAI) announced that its critical data center project in Texas has received development structure and driveway entrance permits from Ector County and has submitted a N
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Goldman Sachs: S&P 500 Q2 Revenue (Ex-Energy) Grew 6.4% YoY, a Five-Year High, Led by Tech Giants
Goldman Sachs reports that S&P 500 companies' Q2 revenue (excluding energy) grew 6.4% year-over-year, reaching its fastest pace in five years, with large tech companies being the primary growth driver
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US 30-YEAR TREASURY YIELDS REACH 5.29%, HIGHEST SINCE 2007
US 30-YEAR TREASURY YIELDS REACH 5.29%, HIGHEST SINCE 2007
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HKEX Renews CEO Bonnie Chan's Contract for Three Years, From March 2027 Through February 2030
HKEX Renews CEO Bonnie Chan's Contract for Three Years, From March 2027 Through February 2030
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Indian corporate profit growth hits three-year high despite "US-Israel war on Iran" impact
India's top 500 companies recorded their strongest earnings growth in three years in the quarter ending June. Robust domestic demand and inventory stockpiling offset the impact of soaring energy price
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European Central Bank (ECB) President Lagarde: Europe's post-war growth model is disintegrating, facing challenges such as trade protectionism, rising energy costs, and geopolitical tensions
European Central Bank (ECB) President Christine Lagarde stated at the World Economic Forum that Europe's post-war growth model is facing disintegration, with its three pillars—expanding global trade,
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UK Inflation Accelerates as Energy Bills Surge
UK Inflation Accelerates as Energy Bills Surge
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Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
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Goldman Sachs research finds AI is starting to weigh on developed economies' labor markets, with call center employment significantly below trend and entry-level workers most affected.
The investment bank's report, published Wednesday, indicates that industries with greater AI exposure have seen slower job opening growth since the second half of 2022, particularly in Germany, Austra
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BTIG analysts warn: U.S. stock market structurally fractured, faces full sell-off once "music stops"
BTIG's Chief Market Technician, Jonathan Krinsky, noted in a report published on Wednesday that the U.S. stock market is experiencing an unprecedented structural divergence, with price movements and m
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South Korean Deputy PM Koo Yun-cheol Pitches Manufacturing and AI Edge to US Investors, Pledging Financial Market Reforms
Deputy Prime Minister and Finance Minister Koo Yun-cheol outlined Korea's growth strategy to US business leaders in Seoul on Wednesday, highlighting opportunities for deeper investment and artificial
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Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
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Ethiopia's Currency Sinks as Central Bank Burns Through Dollars
Ethiopia's currency is sinking as its central bank is burning through dollars in an unsuccessful bid to stem the selloff.
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South Korea's government bond yield curve is the steepest since 2021, with the long-short spread reaching a near five-year high.
The spread between South Korea's 3-year and 10-year government bond yields has widened to its highest level in nearly five years. This is primarily due to a global sell-off in long-term securities and
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South Korea's FSC announces its 7th Financial Hub Policy Plan for 2026-2028, aiming to boost financial innovation, infrastructure, capital markets, and provide hub support.
South Korea's FSC announces its 7th Financial Hub Policy Plan for 2026-2028, aiming to boost financial innovation, infrastructure, capital markets, and provide hub support. The plan includes promoting
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UK FTSE 100 index futures weakened due to a global stock market decline.
UK FTSE 100 index futures weakened due to a global stock market decline.
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Lebanon approves extradition of former Syrian general Adel Issa to Syria for war crimes trial, signaling end to its safe haven status for ex-regime officials
A top Lebanese prosecutor announced on Tuesday that Adel Issa, a former major general in Bashar al-Assad’s Syrian Army, would be extradited to Syria to face trial for alleged crimes committed during h
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Two Chinese-linked supertankers U-turn in Strait of Hormuz amid high shipping risks after Trump's hard line on Iran
The move comes as prospects for a normalization of traffic in the region are dimming.
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Samsung Electronics to invest 240 billion won ($171.6 million) in a new HVAC production line in Gwangju, with production set to begin in early 2028
Samsung Electronics to invest 240 billion won ($171.6 million) in a new HVAC production line in Gwangju, with production set to begin in early 2028
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Singapore's Monetary Authority (MAS) introduces new measures to enhance asset management competitiveness
The Monetary Authority of Singapore (MAS) announced a series of new measures aimed at strengthening its competitiveness as a leading asset management hub. These measures include: tax exemptions for in
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Hong Kong Exchange Posts Record Earnings, with Q2 Net Income Rising 21% to Beat Market Estimates, Driven by IPO and Trading Boom
Hong Kong Exchange Posts Record Earnings, with Q2 Net Income Rising 21% to Beat Market Estimates, Driven by IPO and Trading Boom
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FTSE Russell Defers Indonesia Stock Additions to Indexes Until December to Assess Market Reforms
FTSE Russell Defers Indonesia Stock Additions to Indexes Until December to Assess Market Reforms
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Financial Times analysis suggests Russia and Ukraine's attacks on each other's agricultural exports could trigger a global grain crisis
Financial Times analysis suggests Russia and Ukraine's attacks on each other's agricultural exports could trigger a global grain crisis
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HKEX Q2净利润同比增长21%至53.8亿港元，创历史新高并超市场预期
Hong Kong Exchanges and Clearing (HKEX) reported its second-quarter net profit soared 21% year-on-year to HK$5.38 billion (US$683.4 million), or HK$4.26 per share。这一业绩高于分析师预期的49.6亿港元，主要得益于首次公开募股（IPO）和
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Iran is considering targeting US military assets in Europe if Trump escalates war, according to insiders
Proposals to retaliate against US assets beyond the Middle East are being discussed as many in Tehran view renewed conflict as inevitable.
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South Korea cuts short joint military exercises with the U.S. after President Trump condemned them as "costly" and "hostile" toward North Korea
South Korea's Joint Chiefs of Staff announced the decision, days after President Donald Trump's remarks. The annual drills are set to conclude this Friday.
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Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
Ukraine's bond market has rallied 150% over four years, showing traders it can beat the odds.
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Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
Australia's RBA Deputy Governor Hauser Says Rates Will Need to Rise If Prices Fail to Ease
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Macro
24H Trending
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Alibaba-Backed Robot Maker LimX Confidentially Files for Hong Kong IPO, Reportedly Seeking Up to $300 Million
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Lookonchain: Bitcoin ETFs recorded a net inflow of 4,436 BTC (+$284.05M) on August 18; Ethereum ETFs saw a net inflow of 16,091 ETH (+$30.46M).
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Ethereum (ETH) Potential Analysis: A Deep Dive into its Long-Term Holding Value and Future Outlook
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India Seeks WTO Consultations With US Over White House Tariffs on Quartz Products
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Kraken Prop increases leverage to 10x for Bitcoin, Nasdaq 100, and S&P 500, halving margin requirements
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PARAM Coin Analysis: How Does Param Labs Build a Web3 Gaming Ecosystem?
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INDY Coin (Indigo Protocol) Analysis: Project Value and Market Status
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Bank of America's August survey showed that fund managers' bullish sentiment towards gold has increased, with a net 16% believing gold is undervalued, reaching a new high since March 2023.
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Syrian state media: Israeli forces carried out eight air strikes on an airbase in Syria’s Idlib, causing damage but no casualties
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Yahoo Finance: The U.S. Social Security Administration and the IRS have discrepancies in how they calculate 401(k) withdrawals and self-employment income, which could lead to up to 85% of Social Security benefits being taxed.
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