Mortgage applications at Westpac fell 20% after Australia cut property tax breaks. Investor credit growth is expected to halve by 2027.
Jeff Bezos's group is near a deal for a 1/3 stake in Liverpool FC at a £4.4B valuation. FSG will retain majority control.
Microsoft plans to reveal its Maia 300 AI chip in September and buy 300,000+ units from TSMC by 2027 to cut Nvidia reliance.
Nvidia is planning to invest up to $3 billion in power infrastructure developer Lancium, the Texas-based company behind the Stargate data center campus.
Apple has published a guide allowing Mac users in mainland China to connect Alibaba's Qwen AI service to Siri and Writing Tools.
Sony and TSMC are investing $6.3 billion to jointly manufacture next-generation image sensors in Japan.
Germany's trade deficit with China widened to roughly €55 billion in the first half of 2026 as Beijing reduces its reliance on European manufacturing.
J.P. Morgan Raises S&P 500 Target J.P. Morgan has increased its year-end S&P 500 index target to 8,000 from 7,800, driven by strong corporate earnings and growing confidence in artificial intelligence investments.
U.S. copper futures reached a record $6.90/lb. The rally is driven by supply constraints, AI demand, and grid upgrades rather than broader economic growth.
Spot Bitcoin ETFs recorded $750M in inflows while crypto whales added $1.2B in BTC.
JPMorgan CEO Jamie Dimon warned that record-high public and hidden margin debt could trigger sudden market disruptions. However, he noted it is not yet a systemic threat.
A judge ordered Meta to pay $567 million over youth mental health harms in New Mexico.
Europe faces winter price spikes with gas storage at a 15-year low of 57%. Middle East conflicts have severely choked global LNG supplies.
SpaceX stock rose 6% as 900M+ shares unlocked Thursday, doubling public supply and testing investor demand.
Allianz Global Investors is purchasing UOB's asset management arm for $434 million to rapidly expand its wealth management footprint in the Asia-Pacific region. Key Takeaways: Regional Expansion: The acquisition pushes AllianzGI's regional assets past €170 billion, securing direct market access in Vietnam, Malaysia, and Thailand while reinforcing its presence in Singapore and Indonesia. Built-in Distribution: A core piece of the deal is a
Meta executives apologized to India's IT ministry for restricting PM Modi's post due to an operational error amid recent tensions.
Commerzbank posts a 94% Q2 net profit jump to €898M, beating expectations, amid a looming UniCredit takeover battle.
Iran and Oman progress on a Hormuz deal that could give Tehran inbound traffic control, though key details remain unresolved.
EIP-8361 proposes cutting Ethereum staking rewards from 2.6% to 1.2%, threatening to make leveraged DeFi yield loops on Aave unprofitable.
CVS blew past Q2 estimates with $106.1B revenue and raised full-year guidance, driven by Aetna's recovery, though shares fell over 8% premarket.
Michael Burry warned of a potential 1987-style crash, maintaining short positions on AI tech stocks like Nvidia despite the S&P 500 hitting record highs.
AMD's Q2 revenue jumped 50% to $11.54B, beating expectations as Data Center sales doubled. However, the stock slumped over 10% on high market expectations.
McDonald's posted Q2 adj. EPS of $3.38 (beating estimates) on $7.1B revenue. It named a new U.S. president to address lagging domestic traffic.
Snap reported Q2 revenue of $1.60B (+19%), topping estimates on World Cup ad spend and AI targeting tools, driving shares up 13%