The trading firm's massive loss highlights how concentrated the AI trade has become and its vulnerability to sharp reversals.

Nvidia's investment in SpaceX through xAI underscores the deepening cross-ownership between AI infrastructure providers and frontier AI companies.

A deal would reshape the digital payments landscape, combining two of the largest fintech platforms.

Weak consumer spending data raised concerns about economic growth, even as Treasury yields ticked higher.

The AI startup's explosive growth underscores investor demand ahead of a potential IPO, but its valuation targets rely on aggressive long-term projections.

The Trump-linked stablecoin issuer received preliminary approval for a national trust bank charter, drawing scrutiny over regulatory independence.

Broadcom stock slid after reports of a VMware security exploit and BofA flagged $370B in AI-related debt risk, with shares falling below $400.

Ukrainian intelligence claims Russia's latest cruise missile uses Nvidia's Jetson Orin NX AI module for terminal guidance. Nvidia issued a response.

AMD announced a $4.75 billion debt deal with no specific use of proceeds disclosed, while its stock rose 5-6% on the day.

Nvidia is reportedly discussing financing for an OpenAI data center as the company pursues a $500 billion infrastructure plan backed by Wall Street.

Intel's CEO acquired more than 105,000 shares, and analysts point to accelerating foundry progress and capex expansion as signs of turnaround conviction.

Intel's $22.6 billion stock offering raised dilution concerns but also sparked debate on the strategic merits for turnaround funding and potential memory market

Silver Lake is in advanced talks to acquire Workday, a deal that could top $43 billion and has driven Workday's stock up over 17%, sparking a broader rally in s

Oracle shares dropped 3.8% as investors reacted to a $40 billion funding plan and a 6-month delay to a gas pipeline project supporting a New Mexico AI data cent

Software stocks surged broadly after Silver Lake's Workday bid signaled private equity interest in the sector, and as analysts argued the sell-off disconnected

Sources say Anthropic's potential IPO valuation is tied to a $190-200 billion revenue forecast for 2028, signaling aggressive growth expectations for the AI com

Salesforce shares have retraced 64% of a prior surge from a JPMorgan upgrade as AI sentiment shifts, with analysts debating whether AI fears are overblown and t

U.S. producer prices fell, easing rate-hike pressure and lifting the S&P 500 to a record close, with software and storage stocks leading gains.

Nvidia is orchestrating a $500 billion financing deal with Wall Street to fund AI compute infrastructure, raising concerns about a circular financing web and wh

China's top foundry SMIC beat earnings estimates with record quarterly revenue above $3 billion and is planning a surprise capacity boost as AI chip demand over

Applied Materials reported a record $9.12B quarter driven by AI chip demand, lifted its 2026 outlook, but shares slipped as investors digested already elevated

Broadcom's AI revenue guidance for 2026 of $56 billion represents a massive jump, while the stock fell 6-7% on a BofA note flagging $370B in AI-related debt.

AMD launched a four-part bond sale to raise nearly $5 billion for growth, as the company steps up its challenge to Nvidia in the AI chip market; AMD shares also

Intel is raising $15 billion through a stock offering to fund capital expenditures for AI compute, signaling the scale of investment needed to compete in the AI

The FDA approved Bristol Myers Squibb's Zenbexus (iberdomide) plus daratumumab and dexamethasone for relapsed or refractory multiple myeloma, marking the first

Eli Lilly is suing multiple firms for allegedly selling unapproved versions of retatrutide, a highly anticipated experimental obesity drug, on the black market.

Lilly alleges six companies illegally sold unapproved versions of its experimental obesity drug retatrutide through black-market channels.

Prescription drug prices have fallen more steeply than at any point in over six decades, with the Trump administration attributing the decline to its drug prici

Replimune received FDA accelerated approval for its melanoma treatment TUDRIQEV, raised roughly $141-150 million, and is rebuilding its commercial team with a l

Capricor Therapeutics shares surged after the company announced plans to amend its FDA filing for its Duchenne muscular dystrophy therapy following a prior advi

President Trump asserts US control over the critical chokepoint amid Iran war, as domestic gasoline prices reach record seasonal highs.

S&P 500 notches record high close as benign PPI data and falling crude oil prices boost investor sentiment.

VP candidate makes explicit the administration's domestic political objective tied to the ongoing military conflict with Iran.

AAA and GasBuddy report national average at historic levels for the month of August, with analysts warning relief may be limited before Election Day.

Analysts warn strategic petroleum reserves globally are being drawn down at a pace that leaves little buffer if the Hormuz disruption persists.

A massive build in US commercial crude stocks and a weaker demand outlook from OPEC and IEA push oil prices lower despite Hormuz risks.

California regulators approved Waymo's biggest robotaxi expansion yet, covering 18 counties from Sonoma to San Diego, allowing the company to charge for fully a

A German media report claims Porsche has internally agreed to end Taycan EV production by 2030, reversing earlier statements from the CEO that the model would c

BYD's new Qin Max electric sedan goes on sale in China starting at under $15,000 with flash charging capability, significantly undercutting the Tesla Model 3 on

General Motors announced that its entire 2027 EV lineup will feature NACS DC fast-charging ports, enabling direct plug-in access to Tesla's Supercharger network

Tesla is reportedly planning to show its new Roadster as early as August with a stunt where the car lifts off the ground, though no driver will be inside.

Spain approved a lifetime extension for the Almaraz nuclear power station through 2030, citing energy security concerns, drawing criticism from renewable energy

The seven-year agreements cover critical components including avionics and ejector assemblies for Standard Missile-3 Block IIA and IB munitions, signaling a maj

President Trump's new tariff order targeting imported drones and components sent shares of US drone manufacturers sharply higher as the administration seeks to

Northrop Grumman's CEO confirmed the agreements will boost production rates for Patriot PAC-3 MSE and THAAD interceptors as the US and allies rush to restock mi

Lockheed Martin and Raytheon have slowed progress on building Patriot interceptors in Ukraine despite Trump's promise of a production license, as officials ques

The US Space Force contract covers a constellation of flat-panel satellites for space-based threat tracking, positioning Rocket Lab for a central role in Americ

M1 Support Services beat Bell and Lockheed Martin for a contract worth up to $10 billion over three decades to transform Army helicopter pilot training.

The partnership uses blockchain to tokenize money market fund shares, aiming to modernize a massive corner of the financial system.

Bank of America deepens its bet on India's digital credit market through a major stake in Reliance's lending arm.

Financial sector continues its historic rally, with top holdings driving momentum as Treasury yields climb.

Major U.S. banks are leaving net-zero climate coalitions, signaling a broader retreat from ESG commitments.

The policy tightens in-office requirements, banning consecutive remote days including Friday-Monday stretches.

Citigroup hires away a senior JPMorgan executive to bolster its wealth management and trust business.

US retail sales fell 0.6% month-over-month in July, far below expectations, as consumers pulled back on spending amid fading tax refund boosts and inflation pre

Precious metals surged after the retail sales miss lowered expectations for further Federal Reserve rate increases.

The US dollar weakened broadly as disappointing retail sales and consumer sentiment data reduced rate hike expectations.

Analysts noted Amazon Prime Day pulled spending forward and cheaper gas prices skewed July's retail sales data, suggesting underlying softness may be overstated

US stock markets edged lower after the retail sales miss, with the S&P 500 pulling back from recent record levels.

Walmart shares dipped as the broader retail sales miss set up a key technical test ahead of the company's upcoming earnings report.

The tariff aligns with executive orders to reduce supply chain reliance on China, which dominates the global drone market.

The automaker aims to mitigate US tariffs and connected vehicle import regulations while increasing domestic production.

Caterpillar's record backlog and margin gains continue to support analyst optimism and an extended 2026 rally.

The Court of International Trade ruled President Trump has authority to rescind the tariff exemption for sub-$800 imports.

The Dewalt and Craftsman tools maker is also advancing its $60 million skilled trades training programs.

Sila Technologies, Sunrise Energy Metals and Niron Magnetics inked conditional loan commitments with the DOD's Office of Strategic Capital.

China continues to secure long-term iron ore supply as Beijing deepens its grip on global critical mineral supply chains.

China expands control over iron ore trade infrastructure by directing traders to use its domestic buying platform.

MP Materials expands rare earth supply into aerospace and defense applications, underscoring strategic demand growth.

The central government moves to standardize mineral taxation, assuring states no revenue loss from the reform.

L&T, Coal India among bidders in India's push to build domestic rare earth magnet supply chain.

Latin American nations maintain a balanced approach, exporting critical minerals to both competing superpowers.