Business & Finance

BofA fund manager survey shows sharp equity pullback and cash build, Fed set to hike rates 25 bps for first time since 2025, Saudi pipeline attack sends oil surging past $102

Fed set to hike rates for first time in 2026 as markets price near-certainty, Duolingo posts all-time high user retention despite stock decline, Rocket Lab eliminates $3.6B bridge loan to fully fund Iridium acquisition

Anthropic targets $2 trillion Nasdaq IPO on 14x revenue growth, Dario Amodei calls for AI industry slowdown amid IPO race, Dangote Refinery launches Africa's largest-ever share offering on Nigerian Exchange

August PPI tops forecasts, pushing Fed hike odds above 50% ahead of September 16 meeting, ECB raises rates again citing Middle East inflation, Nasdaq invests $100M in Kraken parent Payward to build tokenized equity platform

August PPI jumps to 5.4% year-over-year raising Fed rate hike odds to 58%, ECB raises rates 25 basis points citing Middle East energy shock, Trump promises $5000 dividend checks contingent on Republican midterm wins

S&P 500 Q2 earnings hit 50% growth but two companies dominate, Harvey closes $550M legal AI round at $15.6B valuation, Chime acquires Stride Bank for $590M to become a federally chartered bank

GE Aerospace acquires castings supplier CPP for $11.75B to control jet engine supply chain, Chime buys Stride Bank for $590M to secure its own bank charter, Tamarack Valley and Headwater Exploration merge in $7.25B all-stock Canadian energy deal

S&P 500 earnings growth doubles early forecasts on AI spending, Harvey legal AI raises $550M at $15.6B valuation, DeepSeek targets Shanghai IPO at $75B

Brent crude approaches $100/barrel as Hormuz crisis deepens, Fed rate hike odds surge to 65% ahead of September FOMC, Mistral AI closes record €3B Samsung-led Series D

Nvidia GPU demand fuels AI chip market, Fed rate-cut timing debate intensifies on mixed economic data, major banks report earnings with credit health in focus

Brent crude surges toward $100 on US-Iran escalation, equity futures fall on inflation fears, Roivant Sciences jumps 20% on Phase 2 drug trial win

Hyperliquid HYPE token hits all-time high despite $820M unlock, Treasury Secretary Bessent touts Labor Day economic gains, US junk bond spreads widen to post-tariff selloff highs

China injects $54 billion into state banks and insurers, U.S. August jobs report blows past forecasts and revives rate-hike odds, $22 billion in AI infrastructure and biopharma megadeals signals consolidation wave

Nvidia AI chip demand signals strong Q3/Q4, Fed rate-hike odds surge to 58% ahead of September FOMC, Big Tech earnings confirm AI revenue surge amid $725B capex debate

Strong jobs data spooks markets as Fed rate-hike odds climb, Nvidia acquires Hugging Face for $12.93B raising antitrust concerns, Vertiv buys Utility Innovation Group for up to $2.6B to solve AI's power bottleneck

Gold futures top $4,500 on inflation fears, Fed Governor Waller ties September rate decision to August CPI, Snowflake nearly doubles earnings estimate and raises full-year guidance

Nvidia acquires Hugging Face for $13 billion in AI infrastructure consolidation, Fed Governor Waller signals conditional rate pause ahead of August CPI, Broadcom posts record 221% AI revenue growth but Q4 guidance miss sends shares lower

Fed rate hike odds jump to 70% on oil and geopolitics, global bond yields hit multi-decade highs across US, UK and Japan, Dell posts record 58% revenue surge on AI server demand

FTC and 22 states sue Amazon over secret ad surcharges, Aon acquires USI Insurance from KKR for $17 billion, Nvidia invests $3.5 billion in MediaTek

Aon acquires USI Insurance Services from KKR for $17 billion targeting U.S. middle market, Fed Chair Warsh rattles bond markets with hawkish Jackson Hole debut pushing September hike odds to 56%, Nvidia posts $96 billion quarter with data center revenue up 117% year-over-year

Vanguard acquires Altruist in landmark fintech deal, Fed Chair Warsh delivers first Jackson Hole keynote amid rate uncertainty, Canada's Big Six banks post record earnings with muted stock reactions

Victory Capital acquires First Eagle Investments in $7B deal creating $571B manager, CrowdStrike and Salesforce report record AI-driven earnings, Fed's Goolsbee says recent inflation data doesn't look terrible

Personal income jumps 0.4% in July beating forecasts, Core PCE holds at 3.3% complicating Fed rate cut hopes, Q2 GDP confirmed at 1.5% annualized growth, Nvidia Q2 earnings face massive AI-driven expectations

JPMorgan reiterates SpaceX Overweight at $240 as Cursor deal closes with $4B ARR, Paramount-Warner Bros. settlement talks collapse with $7M daily costs mounting, private credit managers shift toward asset-based finance as direct lending spreads compress

Treasury doubles long-bond buybacks as 30-year yield hits 19-year high, Moderna surges 177% on historic Phase 3 cancer vaccine win, Alibaba profit plunges 75% as AI spending overwhelms earnings

Nasdaq drops 1.3% as semiconductors lead broad selloff, Asian markets lose $700B in tech value, Japanese companies post record profits with 71% earnings beat rate, Nvidia earnings due August 26 with analysts expecting strong results

Klarna beats Q2 but cuts full-year guidance, stock drops 18%, Treasury 10-year yield hits 4.75% 19-month high, Etched AI raises $700M at $21B valuation led by Jane Street

Shein IPO targets $25-28B valuation amid trade-war losses, private equity sits on 33,000 unsold companies as buyout returns lag public markets, Jamie Dimon warns UK chancellor against bank tax hikes

SpaceX finalizes $60B Cursor AI acquisition creating AI-to-orbit developer empire, US retail sales drop 0.6% in July sparking recession fears, retail investors pour into gold miners ETF amid economic uncertainty

July PPI cools inflation fears, Fed's Barkin keeps rate hikes on the table, Bill Ackman returns to Netflix with sweeping Pershing Square overhaul