• Why Tempus AI Skyrocketed This Week

    Why Tempus AI Skyrocketed This Week
    Tempus AI experienced significant stock price appreciation during the week, climbing 39.5% from its prior week close. This advance outpaced broader market performance, as the S&P 500 declined 1.9% and the Nasdaq Composite fell 2.8% during the same period. Despite the notable weekly gain, the healthcare artificial intelligence company’s shares remained approximately 10% lower than their level from one year prior.
    The catalyst for Tempus’s advance centered on clinical trial data r
  • Credit card issuer Synchrony announces partnership with OpenAI

    Credit card issuer Synchrony announces partnership with OpenAI
    Synchrony Financial, a major credit card issuer serving major retail brands, disclosed on Monday that it had entered into a partnership with OpenAI to leverage the artificial intelligence company’s technology across its operations. The collaboration aims to integrate OpenAI’s models into Synchrony’s consumer-facing platforms and internal systems.
    Under the partnership, OpenAI’s models will power enhancements to Synchrony’s customer portals, with the goal of improvi
  • Bitcoin Finally Wakes Up While U.S. Debt Hits $40 Trillion

    Bitcoin Finally Wakes Up While U.S. Debt Hits $40 Trillion
    Bitcoin experienced a significant recovery, climbing to nearly $80,000 in recent trading after an extended period of consolidation. The rebound followed an announcement from Treasury Secretary Scott Bessent regarding the Treasury’s plan to increase long-term debt buybacks from $2 billion to at least $4 billion. The broader cryptocurrency market moved in tandem with Bitcoin’s advance.
    The recovery marks a turnaround from earlier in the year when Bitcoin had declined substantially fro
  • Disney CEO Josh D’Amaro tells CNBC parks were ‘big surprise’ in last quarter, company has ‘clarity’ and ‘stability’

    Disney CEO Josh D’Amaro tells CNBC parks were ‘big surprise’ in last quarter, company has ‘clarity’ and ‘stability’
    Disney CEO Josh D’Amaro said in a Friday interview with CNBC that the company’s parks segment produced unexpected strength in the most recent quarter. D’Amaro, who assumed the CEO role in March following a succession process, stated he was feeling confident about the company’s direction and emphasized that leadership has achieved clarity about strategic priorities while maintaining stability among the management team.
    D’Amaro acknowledged investor concerns about th
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  • T. Rowe Price to buy fixed income fund manager F/m Investments

    T. Rowe Price to buy fixed income fund manager F/m Investments
    T. Rowe Price Group announced it has agreed to purchase F/m Investments, a fixed income investment manager and ETF specialist, in an acquisition aimed at strengthening the acquirer’s bond market capabilities. As of 31 July 2026, F/m Investments managed $19bn across multiple fund structures, including exchange-traded funds, institutional separate accounts, and separately managed accounts focused on taxable and municipal securities.
    The transaction is designed to enhance T. Rowe Price&rsquo
  • Ross Stores raises forecast after surge in Q2 sales and store openings

    Ross Stores raises forecast after surge in Q2 sales and store openings
    Off-price retailer Ross Stores lifted its fiscal 2026 earnings per share guidance to a range of $8.61 to $8.77, driven by stronger-than-expected second-quarter performance and tariff refunds totaling approximately $253 million.
    For the quarter ended 3 August 2026, the company reported total sales of $6.3 billion, representing a 13% increase compared with the prior-year period. Comparable store sales advanced 10%, with customer traffic serving as the primary driver of growth. Net income reached
  • Canadian retail sales rise 0.6% in June, e-commerce jumps 9.9%

    Canadian retail sales rise 0.6% in June, e-commerce jumps 9.9%
    Canadian retail sales totaled C$74.3bn in June, marking a 0.6% increase from the previous month, according to data released by Statistics Canada. Seven of nine retail sub-sectors posted gains during the period. Core retail sales, which exclude gasoline stations, fuel vendors, and motor vehicle dealers, rose 1.2%, representing the second consecutive monthly increase in this measure.
    E-commerce activity demonstrated particularly strong performance, with seasonally adjusted online sales climbing 9
  • Alibaba shares fall 5% as AI spending drives 75% drop in net income

    Alibaba shares fall 5% as AI spending drives 75% drop in net income
    Alibaba reported results for the June quarter that reflected significant headwinds from investments in artificial intelligence infrastructure. The company’s net income fell 75% during the period, marking a substantial decline in profitability despite modest revenue growth.
    Revenue reached 268.95 billion Chinese yuan, representing a 9% increase and slightly exceeding analyst expectations of 268.88 billion yuan. However, the company’s capital expenditure surged 75% to 67.7 billion Chi
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  • A Lumentum VP Just Parted With $10 Million in Stock. Here’s What Long-Term Investors Should Know

    A Lumentum VP Just Parted With $10 Million in Stock. Here’s What Long-Term Investors Should Know
    Vincent Retort, vice president of global reliability and quality at Lumentum Holdings Inc., conducted stock transactions on August 19 and August 20, disposing of 12,566 shares for a combined value of $10.7 million according to an SEC Form 4 filing. The weighted average sale price for these shares was $851.01 per share.
    The majority of the shares sold were withheld by Lumentum to cover income tax withholding and remittance obligations related to the vesting of restricted stock units. An addition
  • 3 Trading Firms Still Short Bitcoin and Ethereum Despite Sharp Price Rally

    3 Trading Firms Still Short Bitcoin and Ethereum Despite Sharp Price Rally
    Three cryptocurrency trading firms—Abraxas Capital, Fasanara Capital, and Wintermute—continue to hold substantial short positions totaling more than $600 million in Bitcoin and Ethereum, according to analysis from blockchain tracker Lookonchain. The positions consist of 138,569 Ethereum tokens valued at $338 million and 3,425 Bitcoin tokens worth $265 million. Lookonchain identified these accounts as market maker hedging operations rather than speculative short bets.
    The cryptocurre
  • 3 Things Nvidia Needs to Get Right This Week

    3 Things Nvidia Needs to Get Right This Week
    Nvidia was set to announce its fiscal second-quarter results after market close on Wednesday, with the semiconductor company representing a key bellwether for the artificial intelligence sector. Wall Street analysts had projected revenue growth of 97% to $92.1 billion for the quarter, marking the company’s largest year-over-year increase in two years and its fourth consecutive quarter of accelerating revenue expansion.
    The company faced elevated expectations heading into the earnings repo
  • Aussie Rides AI Bond Wave. Forecast as of 24.08.2026

    Aussie Rides AI Bond Wave. Forecast as of 24.08.2026
    The colossal sums that hyperscalers are spending on artificial intelligence are forcing them to seek out new sources of funding. Australia is emerging as a haven. Meanwhile, Alphabet's bond offering has fueled a rally in the AUD/USD pair. Let's analyze the situation and develop a trading plan.Major Takeaways Demand for Alphabet securities was three times higher than supply. Rising bond yields supported the AUD/USD pair. The Australian labor market is cooling. Short positions on the AUD/USD can b
  • Short-Term Analysis for Oil, Gold, and EURUSD for 24.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 24.08.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro is slightly pulling back after reaching swing highs on Friday.Major Takeaways USCrude: Oil is correcting lower from the Target Zone of 86.82–85.61. XAUUSD: Gold has settled above the Gold Zone 2 of 4,585–4,575. EURUSD: Consider long tra
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Major Takeaways BTCUSD: A bullish correction (B) is expected to complete. Consider long positions with a Take Profit at 79,546.18. XRPUSD: An upward move in impulse [C] within correction XX is projected. Consider long positions with a Take Profit at 1.694. ETHUSD: A rise in the fifth part of a bullish impulse is expected. Consider long positions with a Take Profit at 2,614.03.El
  • US Dollar at Crossroads as 'Sell America' Returns. Forecast as of 24.08.2026

    US Dollar at Crossroads as 'Sell America' Returns. Forecast as of 24.08.2026
    The Treasury's intention to take control of Treasury yields has revived the "Sell America" strategy. Meanwhile, bond yields have rebounded sharply. Will the US dollar follow suit? Let's explore this question and develop a trading plan for the EUR/USD pair.Major Takeaways The US bond market has rebounded quickly. The US economy remains strong. The "Sell America" strategy is weighing on the dollar. Short positions on the EUR/USD can be considered below 1.167.Weekly Fundamental Forecast for DollarB

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