Treasury Yields Surge After Warsh Declines to Soothe Markets
The US Treasury placed $797 billion of securities across ten auctions from Monday through Thursday, a weekly tally that would have dominated headlines
Markets
Global Energy Import Bill Swells $330 Billion in Six Months of Iran War
The conflict involving the United States, Israel and Iran has added $330 billion to the world's energy import tab over the six months through August, …
Markets · 74 stories
Nvidia's $96 Billion Quarter Masks Margin Pressure
Nvidia's July quarter revenue more than doubled to $96.2 billion and adjusted profit landed at $2.22 a share, but the real story sits in a supply-chai
Rivian loses finance chief to GE Vernova
Rivian's chief financial officer Claire McDonough is departing after six years to run finance at GE Vernova, handing the electric-vehicle maker a lead
JD.com's $1.3bn Hong Kong bet challenges footfall property logic
JD.com is pouring US$1.3 billion into Hong Kong stores and warehouses, a bet that could upend the city's decades-old retail property model where rent
Salesforce posts beat-and-raise quarter as AI disruption fears recede
Salesforce shares rose 2.5% to $258.48 after the company delivered a second quarter that exceeded expectations and lifted its full-year subscription r
Nevada approves Tesla robotaxi fleet of 5,000
Tesla secured a Nevada Transportation Authority permit on Aug. 24 to operate 5,000 autonomous taxis in the state, a regulatory green light that arrive
Salesforce surges 20% on earnings beat and Anthropic deal
Salesforce shares jumped more than 20 percent Thursday, putting the stock on track for its second-best session on record behind only the 26 percent ra
Salesforce surges 20% on earnings beat and Anthropic deal
Salesforce shares jumped more than 20 percent on Thursday, putting the stock on track for its second-best session on record behind only the 26 percent
Boeing's $131 Billion F-15 Ceiling Contract
The Department of Defense awarded Boeing an indefinite-delivery/indefinite-quantity contract with a $131.23 billion ceiling for F-15 Eagle sustainment
Gulf Oil Exports Recover to Two-Thirds of Pre-War Levels
Oil shipments leaving the Persian Gulf have climbed back to roughly two-thirds of the volumes seen before the Iran conflict erupted, Goldman Sachs est
Ackman concentrates Pershing Square in four AI application bets
Bill Ackman's Pershing Square held 44.4 percent of its $19.5 billion portfolio in Uber, Microsoft, Amazon and Meta Platforms at the end of June, a clu
Citadel Boosts AbbVie Stake to $798 Million
Ken Griffin's Citadel added 2.7 million AbbVie shares in the second quarter, lifting the hedge fund's position by 547 percent to 3.2 million shares va
BOCHK beats estimates as credit costs retreat
Profit attributable to shareholders reached HK$23.74 billion for the first half, or HK$2.2453 per share, topping the HK$22.94 billion consensus. The r
Abel Concentrates Berkshire Portfolio in Two AI Giants
Greg Abel has put his stamp on Berkshire Hathaway's $358 billion equity portfolio with unusual speed. Since taking the reins on Jan. 1, the new chief
FTSE slides as inflation jitters drown Nvidia rally
London’s benchmark index fell on Thursday, erasing early gains from a technology bounce tied to Nvidia’s blockbuster forecast, as traders braced for a
Okta and CrowdStrike surge on AI-driven cyber demand
Okta shares jumped 27 percent and CrowdStrike climbed 18 percent Thursday after both companies reported fiscal second-quarter results that beat consen
Nvidia Commits Eighteen Billion to Equity Bets as Ecosystem Expands
Nvidia has earmarked eighteen billion dollars for equity investments through the remainder of its fiscal year, doubling down on a strategy that blurs
Anthropic Secures $45 Billion Nscale Compute Deal
Anthropic has agreed to pay roughly $45 billion to rent 460 megawatts of compute capacity from Nscale at a West Virginia data center slated to open at
Major labels back Stability AI in $76M round
Universal Music Group, Sony Music Group and Warner Music Group have taken equity stakes in Stability AI through a $76 million Series B that also inclu
Prudential buyback unveiled as new business profit growth decelerates
Prudential unveiled a $300 million share repurchase on Thursday alongside first-half results that showed new business profit growth slowing to 8 perce
India adds 1.26 million credit cards in July as spending climbs
India's credit-card industry added 1.26 million cards in July, pushing the outstanding base to 122.9 million after a 9.9 percent expansion over the pa
Wall Street steadies as Iran sanctions loom and Nvidia earnings approach
Stocks opened the week on a cautious footing Monday, with the S&P 500 down 0.4 percent and the Nasdaq Composite off 0.7 percent by 11:15 a.m. Eastern,
Heavy call volume clusters at Friday expiries
Options traders concentrated Monday’s activity in near-term call strikes across Nvidia, Apple, and Coinbase, with two of the three names trading contr
CrowdStrike shares jump on AI-driven security demand
CrowdStrike shares rose 10 percent after the company reported fiscal second-quarter revenue of $1.47 billion, a 26 percent increase from a year earlie
Salesforce Surges on Anthropic Gain and Agentforce Beat
Salesforce shares rose 12% in extended trading Wednesday after the company reported fiscal second-quarter adjusted earnings of $5.90 a share, nearly d
Hyperscalers drive $750 billion AI power scramble
Hyperscalers are on track to pour $750 billion into AI infrastructure this year, and the scramble for reliable electricity has turned a century-old di
Apple readies final Mac launch of Cook era with AI-focused mini and Studio refresh
Apple has rolled out updated Mac mini and Mac Studio models priced to absorb rising memory costs, positioning the lineup as the primary on-premise har
Domestic Box Office Tops $7 Billion, Twenty Percent Over 2025
The domestic box office crossed $7 billion on August 23, up 20 percent from the same January-through-August stretch in 2025, according to Rentrak data
Citi hits $647 billion sustainable finance mark sets 2030 operational targets
Citi has deployed $647.2 billion toward sustainable finance since 2020, reaching 75 percent of its 2025 operational targets while unveiling new 2030 g
SpaceX targets Louisiana for hundred-billion-dollar spaceport
SpaceX plans to sink up to one hundred billion dollars into a new Louisiana spaceport, a bet that the Gulf Coast can absorb the launch cadence the com
Nvidia’s SpaceX stake traces back to a private xAI bet
Nvidia disclosed a SpaceX position valued at nearly $21 billion in its second-quarter 13F, making the rocket operator its second-largest public holdin
Japanese bond ETFs draw record $1.5bn inflow as yields climb
Japanese bond exchange-traded funds have pulled in a record $1.5 billion of net new money this year, Morningstar data shows, as a jump in government y
Nvidia earnings and Warsh debut test AI rally amid yield surge
The 30-year Treasury yield climbed to a 2007 high last week, dragging the S&P 500 down and putting the semiconductor complex under particular pressure
Musk's SpaceX Voting Control Reaches 85%
A new SEC filing shows Elon Musk effectively controls 6.4 billion SpaceX shares as of the end of June, representing 48.4% of the company's equity but
Sony Music sues Kroger over social media copyright claims
Sony Music Entertainment filed suit against Kroger on Friday in California federal court, alleging the grocery giant used hundreds of its sound record
Exxon Circles Shell's $8 Billion Chemicals Unit
Exxon is among the suitors for Shell's U.S. chemicals business, a portfolio of four plants across Louisiana, Texas and Pennsylvania that could command
Saudi Arabia Commits $7 Billion to Paris Theme Parks
Saudi Arabia pledged six billion euros, roughly $7 billion, to build three mega theme parks at Cergy-Pontoise on the outskirts of Paris, a commitment
Ireland population tops 5.5 million as aging accelerates
Ireland's population crossed 5.5 million in the year to April, driven by the fifth straight year of six-figure immigration even as inflows slowed and
Samsung Record Payout Triggers Memory Selloff
Samsung Electronics authorized a 2026 shareholder return of 90 to 110 trillion won, roughly $65 to $80 billion, making it the biggest such program in
China recalls nearly three million Teslas over hidden door handles
China's market regulator ordered a recall of 2.98 million domestically produced Teslas on Friday, the largest single-brand action in a sweeping campai
Iraq Targets Output Doubling as Chevron Eyes Giant Fields
Iraq is pushing to more than double its oil production to as much as 10 million barrels a day within six years, a goal that would reshape OPEC dynamic
Trump disclosure reveals 1,000 June trades
President Donald Trump executed more than 1,000 securities transactions in June, a pace that underscores how actively the commander in chief trades wh
Paramount, California AG circle Monday settlement talks
Paramount and Skydance representatives will sit down with the California Attorney General’s office on Monday to discuss resolving the states’ antitrus
Amazon Custom Chip Business Hits $25 Billion Run Rate
Amazon's custom silicon operation has reached a $25 billion annual run rate, a threshold that signals the cloud giant's homegrown processors are gaini
Alibaba prices $10.2bn AI share sale at discount
Alibaba priced a $10.2 billion share offer at a discount to both its Hong Kong and New York closes, triggering a more than 10 percent slide at the ope
MacKenzie Scott directs $461 million to California public education
MacKenzie Scott has steered $461 million into California public education since 2021, spreading the money across 16 institutions with no restrictions
AMD Claims Record X86 Share as Desktop CPU Shipments Crater
The x86 processor market grew more than 10 percent sequentially in the second quarter of 2026, defying the usual seasonal dip, yet the desktop segment
Musk Controls 84% of SpaceX Votes With 48% Stake
Elon Musk holds 48.4% of SpaceX but commands 82% to 84% of its voting power, a regulatory filing shows, cementing unilateral control over the $1.79 tr
US equity funds draw $11.7 billion as bond flows hit six-week high
US equity funds pulled in $11.72 billion during the week ended August 21 while bond funds recorded their largest weekly inflow since mid-July, a diver
Wiesenthal Center backs Paramount in Ruffalo dispute
The Simon Wiesenthal Center has entered the public fray over Mark Ruffalo’s attacks on the Ellison family’s role in the Paramount-Skydance combination
HDFC Bank claims top spot in RBI dollar window with $2.5 billion sale
India's largest private lender raised $1.75 billion across two tranches on Thursday, pushing its aggregate issuance under the Reserve Bank of India's
Alphabet and Amazon Direct $420 Billion to AI Hardware in 2026
Alphabet and Amazon are on track to pour roughly $420 billion into artificial intelligence infrastructure this year, a spending wave that is flowing s
Alibaba's $13 billion Hong Kong placement targets AI compute
Alibaba will sell HK$80 billion ($13 billion) of new shares in Hong Kong, the largest primary follow-on offering ever by a locally listed company, dir
Tepper's Amazon Wager Grows to 16 Percent of Portfolio
David Tepper's Appaloosa Management lifted its Amazon stake by 680,000 shares in the quarter ended June 30, a 15.8 percent increase that pushed the po
Cloud Giants Pour 420 Billion Into AI Hardware
Alphabet and Amazon are committing roughly $420 billion to artificial intelligence infrastructure this year, a combined outlay that funnels directly i
Google warrant gives Marvell $120bn AI revenue runway
Marvell Technology shares jumped after the chipmaker disclosed a custom AI infrastructure agreement with Google that includes a warrant for the search
Salesforce spends $27 billion on buybacks in one quarter
Salesforce deployed a record $27 billion on share repurchases in the first quarter, combining $25 billion in accelerated buybacks with routine cash-fl
Hedge Funds Post Worst July Versus S&P in Two Decades
Goldman Sachs says the hedge fund cohort’s most popular long positions lagged the S&P 500 by the widest monthly margin in over twenty years of data du
Micron commits $10 billion to Boise research labs
Micron Technology committed $10 billion over ten years to a new research laboratory in Boise, Idaho, aiming to develop memory and computing technologi
Lockheed Martin trades near $600 with split history silent since 1999
Lockheed Martin shares sit just below $600 after notching several all-time highs this year, reviving the perennial question of whether the defense con
Broadcom slides as Marvell lands Google AI chip deal
Broadcom shares dropped 4.4 percent by late morning Wednesday after Marvell Technology disclosed a sweeping custom-silicon agreement with Alphabet, Br
Musk controls 84% of SpaceX votes with 48% stake
Elon Musk owns 48.4% of SpaceX but wields 82% to 84% of its voting power through a dual-class structure that hands him effective control over every bo
Sony Claims Top Two Box Office Spots With Spider-Man and Insidious
Sony Pictures owns the top two slots at the domestic box office this weekend, with Marvel Studios’ Spider-Man: Brand New Day holding first place in it
401(k) Balances Slip to $141,000 as Savings Rate Hits Record
The average 401(k) balance fell to $141,000 in the first quarter of 2026, down from $146,400 at the end of 2025, even as the combined savings rate cli
Dcoop leads Deoleo takeover race with 470 million euro bid
Shares of Deoleo rose 15.7 percent on Wednesday to a 52-week high, the stock's best session since March 2022, after a Spanish newspaper reported that
Amazon's Anthropic Stake Nears Half a Trillion
Amazon's $13 billion investment in Anthropic has swollen to a paper value of roughly $420 billion on secondary-market marks, turning a minority AI bet
Amazon targets 500 cities for drone delivery by year end
Amazon said Wednesday it will expand Prime Air to nearly 500 U.S. cities and towns by December, a sixfold increase that signals the clearest momentum
Samsung plans up to $80 billion in shareholder returns
Samsung Electronics said Friday it will return between 90 trillion and 110 trillion won to shareholders in 2026, a range that translates to roughly $6
Supermicro fires staff after $2.5 billion GPU smuggling probe
Supermicro dismissed employees following an investigation into a $2.5 billion operation that moved graphics processors to China, according to a report
Bitcoin breaks $75,000 as Trump and Treasury spark risk rally
Bitcoin surged past $75,000 early Friday, its highest level since May, as a two-day advance added more than $10,000 to the price and dragged the rest
Moderna Shares Triple on Melanoma Vaccine Data
Moderna shares nearly tripled on Wednesday after a late-stage melanoma vaccine trial validated the company's mRNA platform beyond Covid, triggering a
Goldman Sachs maps India's banking inflection with 14 fresh ratings
Goldman Sachs initiated coverage on 14 Indian lenders Thursday, handing Buy ratings to the four largest private banks while slapping Sell calls on two
Nike Hits 12-Year Low Below Forty Dollars
Nike shares dropped 4% Monday to a 12-year low under $40, extending a five-year slide that has erased more than three-quarters of the company's value.