Analyst news

• This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI

  23-08-2026 23:04 via rocketnews.com
  
  Alibaba made a significant shift in capital allocation during the June 2026 quarter, reducing share repurchases substantially while redirecting cash toward artificial intelligence infrastructure development. The company repurchased 13.4 million ordinary shares for US$162 million, compared with 56 million ordinary shares for US$815 million in the same quarter a year prior, representing approximately an 80% reduction in American Depositary Share buybacks. The company maintained US$19.3 billion in
  
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• Your mortgage rate has a growing problem in the bond market

  23-08-2026 23:03 via rocketnews.com
  
  A broad-based sell-off in government debt markets has kept mortgage rates elevated and limited prospects for near-term declines. The 30-year U.S. Treasury yield rose above 5.31% on August 17, 2026, marking its highest level since 2007, while the average 30-year fixed mortgage rate held near 6.67% as of mid-August, according to Freddie Mac’s weekly survey.
  Three structural factors are driving the sustained rise in long-term yields. The federal government is issuing record volumes of new de
  
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• Vistra Is the Quietest Big Winner of the AI Power Boom. Here’s Why.

  23-08-2026 23:03 via rocketnews.com
  
  Data center power demand in the United States is expected to roughly double from 31 gigawatts in 2025 to 66 gigawatts by 2027, according to Goldman Sachs research. This expansion reflects massive capital deployment into artificial intelligence infrastructure, with global AI investments potentially exceeding $1 trillion this year alone.
  Vistra, an independent power producer, stands to capture significant value from this growth trajectory compared to regulated utilities. While traditional utiliti
  
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• UBS revamps S&P 500 target for rest of 2026

  23-08-2026 23:03 via rocketnews.com
  
  UBS Global Wealth Management adjusted its equity outlook on August 21, elevating its S&P 500 target for the end of 2026 to 8,100 from a previous 7,900, while also raising its mid-2027 target to 8,400 from 8,200. Based on the index’s closing level of 7,674.37 on August 21, the new year-end target represents approximately 5.5% additional upside for the remainder of the year, while the mid-2027 projection implies roughly 9.5% upside from that date. The bank maintained its assessment of U
  
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• This Company Just Paid Out $6.8 Billion. Its AI Bill Was 4x That

  23-08-2026 23:03 via rocketnews.com
  
  Microsoft went ex-dividend on August 20, 2026, with a payout of $0.91 per share totaling approximately $6.76 billion, the largest single-day dividend distribution among 26 companies taking that action. Applied Materials ranked second with a $420.8 million payout, significantly trailing Microsoft’s scale.
  For the fiscal year ended June 30, 2026, Microsoft reported capital expenditures of $115.95 billion, nearly double the prior year’s $64.55 billion. Total dividends paid for the full
  
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• This Company Has Raised Its Dividend for 72 Straight Years. Almost Nobody Talks About It.

  23-08-2026 23:03 via rocketnews.com
  
  American States Water (NYSE: AWR) increased its dividend by 8.2% in the prior month, marking the continuation of a 72-year streak of consecutive annual dividend raises. The company retained its standing as one of fewer than 60 publicly traded corporations with at least 50 years of uninterrupted dividend growth. It has also maintained a record of paying 361 consecutive quarterly dividends.
  The water utility operates with less public recognition than other prominent Dividend Kings such as Coca-Co
  
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• $22 Billion in Customer Deposits Did Not Stop This Chip CEO From Selling $37 Million

  23-08-2026 23:03 via rocketnews.com
  
  Micron Technology CEO Sanjay Mehrotra sold $37 million in shares on July 24, 2026, disposing of 40,000 shares at prices ranging from approximately $906 to $966 across 40 separate transactions. The timing of the sale preceded a bullish demand announcement by roughly one month. The stock subsequently continued climbing, closing at $974.33 on August 20, meaning the executive left potential gains on the table if the transaction was discretionary.
  On the company’s fiscal Q3 earnings call, Mehr
  
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• Zcash Price Hits 8-Year High as Grayscale ETF Gets Closer

  23-08-2026 13:02 via rocketnews.com
  
  Zcash climbed to its highest level in eight years following Grayscale’s submission of a fifth amended registration statement with the SEC for a proposed Zcash exchange-traded fund. The filing represents progress toward the potential launch of what would be the first US-listed ETF to directly track Zcash, though SEC approval remains pending.
  According to the amended registration, Grayscale set the fund’s annual fee at 2.5% of the NAV Fee Basis Amount of the Trust, accruing daily. The
  
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• Trump’s Crypto Comments Cheered: Robinhood CEO Stresses ‘Broad Ownership’ At White House Event, Binance Founder Says, ‘We’re So Back’

  23-08-2026 13:02 via rocketnews.com
  
  President Trump held a White House event focused on cryptocurrency and emerging technologies, where he restated his administration’s dedication to securing American dominance in the digital assets sector. The gathering brought together prominent figures from both the industry and regulatory bodies to discuss the path forward for cryptocurrency policy in the United States.
  Coinbase CEO Brian Armstrong highlighted alignment between the CFTC and SEC on cryptocurrency regulation, noting that
  
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