Archive snapshot · Markets
Thu, Aug 13, 9:38 PM ET
S&P 500 notches record-high close as July PPI comes in flat, easing rate-hike worries
The S&P 500 closed at a record above 7,800 after July producer price index data came in flat versus expectations for a 0.2% increase, cooling fears of another F
US Top News and Analysis · +15 outlets
July wholesale inflation flat, below expectations; Treasury yields ease
The producer price index was unchanged in July, well below the 0.2% gain economists had expected, signaling easing price pressures.
US Top News and Analysis · +14 outlets
Reddit to join S&P 500 index on Aug. 18, shares surge
Reddit will be added to the benchmark S&P 500 index later this month, sending its shares up around 11% in after-hours trading.
MarketWatch.com · +14 outlets
Workday shares post best day in 10 years on Silver Lake takeover report
Workday shares surged as much as 25% on reports that private-equity firm Silver Lake is in talks to acquire the HR software company.
US Top News and Analysis · +9 outlets
Oil prices fall after U.S. says crude exports through Strait of Hormuz near 9 million barrels per day
Oil retreated as the U.S. provided data showing high crude export volumes through the Strait of Hormuz, easing supply disruption fears amid Iran tensions.
US Top News and Analysis · +14 outlets
ChatGPT developer OpenAI's revenue run rate tops $40 billion ahead of IPO
OpenAI is approaching a blockbuster IPO with annualized revenue exceeding $40 billion, though it lost its revenue chief Denise Dresser this week.
US Top News and Analysis · +13 outlets
Memory and AI infrastructure stocks surge; SK Hynix, SanDisk, CoreWeave, Nebius rally
Semiconductor and AI infrastructure stocks led the market higher, with SanDisk soaring over 13%, SK Hynix up 9%, CoreWeave gaining 19%, and Nebius surging 34% a
tradingkey.com · +14 outlets
Anthropic investors bet on $2 trillion valuation in record IPO
Anthropic is reportedly targeting a $2 trillion valuation in what would be one of the largest IPOs, as its CFO begins early investor meetings.
US Top News and Analysis · +14 outlets
Databricks wraps $5 billion funding round at $190 billion valuation
Databricks closed a massive $5 billion funding round at a $190 billion valuation, capitalizing on the agentic AI wave.
US Top News and Analysis · +3 outlets
Applied Materials forecasts revenue above estimates, shares fall on high expectations
Applied Materials posted a strong revenue forecast, but shares fell as investor expectations were already elevated for the chip equipment maker.
Reuters · +14 outlets
Uber partners with China's Pony.ai to deploy over 2,000 robotaxis in Europe
Uber and Chinese autonomous driving company Pony.ai plan to jointly deploy more than 2,000 robotaxis across European markets.
US Top News and Analysis · +9 outlets
Cisco shares slide 8% despite earnings beat and stronger guidance
Cisco beat earnings expectations and raised guidance on AI infrastructure demand, but shares fell on margin concerns.
US Top News and Analysis · +14 outlets
Gold slips below $4,400 as Fed path and Hormuz talks cap rally
Gold prices retreated from recent highs as the prospect of steady Fed policy and progress in Hormuz negotiations weighed on safe-haven demand.
All News · +2 outlets
White House says transshipped goods cost $19 billion to $26 billion in lost tariffs
The White House estimates that transshipment - rerouting goods through third countries - is costing the U.S. billions in lost tariff revenue.
All News · +10 outlets
Costliest US bond sale since 2001 is investor warning to Treasury Secretary Bessent
The U.S. paid the highest yield on 30-year bonds in a quarter century, signaling investor concern over fiscal policy and inflation.
Bloomberg · +3 outlets
Reddit and Sun Communities set for S&P 500 index additions
S&P Dow Jones Indices announced Reddit and Sun Communities will join the S&P 500, replacing other firms.
Stock Titan · +6 outlets
Nvidia's new $500B plan is risky but brilliant, says TechCrunch
Nvidia is reportedly pursuing an aggressive $500 billion initiative to extend the lifespan of aging GPUs and maintain its AI dominance.
TechCrunch
Kalshi ordered to stop most operations in Washington state
Washington state ordered prediction market Kalshi to cease most operations, alleging unlicensed gambling; Baltimore separately sued Kalshi and Polymarket.
The Seattle Times · +14 outlets

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