U.S. Bancorp (NYSE:USB) has raised its quarterly dividend by 3.8% to $0.54 per share. That brings the annualized payout at $2.16 and the yield at 3.5%.
For income-focused investors, the increase adds to the bank's appeal. But the more important point is what supports the higher payout.
U.S. Bancorp enters the second half of 2026 on firm footing. The bank's latest results show accelerating earnings, strong loan growth, and a solid capital position.
U.S. Bancorp (NYSE:USB)'s revenue increased 10% YoY in Q2 to a record $7.7 billion. Net interest margin jumped to 2.79%, up from 2.66% a year ago. That helped push the net income attributable to the bank up 20% to $2.18 billion. Diluted EPS rose 21.6% to $1.35.
The bank's balance sheet also continued to expand. Average loans increased 7.1% to $405.5 billion, supported by strong commercial, commercial real estate and credit card lending activity. Average deposits increased 2.4% to $515.1 billion, providing low-cost funding for the loan growth.

#Growth

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Hilton is one of the largest hospitality companies in the world. It operates over 7,000 properties in over 120 countries, so the Hilton Honors American Express Aspire Card — more frequently referred to as simply the Hilton Aspire card — can be an appealing option for frequent travelers looking to maximize rewards.
The Hilton Aspire card is a premium travel card that offers luxurious perks. If you're considering applying for the card, here are seven key details you should know.
Check out our full list of the best travel credit cards
As a premium travel rewards card, the Hilton Aspire card has a high annual fee. As of 2025, the fee is $550, so there's a high cost for simply possessing the card.

#rewards

US stocks rose on Friday as investors digested the Consumer Price Index data, which showed inflation remained sticky and cemented bets that the Federal Reserve will hike interest rates next week.
The Dow Industrial Average (^DJI) and S&P 500 (^GSPC) climbed by about 1.1%, while the tech-heavy Nasdaq Composite (^IXIC) rose by about 1.2%. The upbeat move comes after a four-day losing streak for the major indexes.
Investors turned their attention to the Consumer Price Index, the last piece of inflation data before Federal Reserve policymakers convene next week. Overall prices rose 0.4% on a monthly basis and 3.4% on an annual basis, which were in line with economists' expectations and slightly hotter than July's reading.
Friday's CPI report prompted traders to ramp up their bets that the Fed will raise interest rates this month. Markets are now pricing in a roughly 87% chance the Fed raises interest rates by 25 basis points at the FOMC meeting next week, according to the CME's Fedwatch tool. That's up from 72% a day ago and 50% a week ago.
Read more: What is inflation, and how does it affect you?

#week #rose

By Karen Roman
Veraxa Biotech AG (Nasdaq: VRXA) said it appointed Raju Willener as Chief Financial Officer, having previously served as Director of Corporate Development at Exentis Group AG, before becoming its CFO in 2025.
Mr. Willener has more than three decades of international financial leadership experience in global capital markets and all aspects of the biopharmaceutical development process, the company stated.
"As we advance our proprietary BiTAC technology platform and growing oncology pipeline, Raju's expertise will be highly valuable in optimizing our capital strategy, evaluating strategic opportunities and supporting disciplined execution and long-term shareholder value creation," said Christoph Antz, Ph.D., VERAXA's CEO and co-founder.
Contact:

#willener #roman #NASDAQ

SpaceEx (SPCX) stock is on the move Thursday as investors sort through a number of headlines affecting the rocket-and-satellite company.
The most consequential came from The Information, which reported that ******* eX and CEO Elon Musk are overhauling how the company builds its data centers, a shift that could slow the pace of new construction.
According to the report, a new management team from the company's rocket division is prioritizing reliability over speed, installing more backup power and cooling systems, and testing data centers more thoroughly before they go live.
The change is a departure from what Musk and xAI (now part of ******* eX) used to build at its Colossus campus in Tennessee, where the AI unit brought its first data center online in just 122 days, a timeline Nvidia (NVDA) CEO Jensen Huang called "superhuman."
But that speed came with trade-offs like frequent outages, including a construction-related outage at the Memphis facility last week that knocked some Grok models offline and affected compute customers like Anthropic (ANTH.PVT) and Google (GOOG, GOOGL), The Information said.

#rocket

Strategy (NASDAQ: $MSTR) did not buy or sell any Bitcoin (CRYPTO: $BTC) over the past week, according to a regulatory filing with the U.S. Securities and Exchange Commission.
Instead, the company led by Chairman Michael Saylor focused on repurchasing 1.81 million shares of its preferred stock (NASDAQ: $STRC) for $176.3 million U.S.
Strategy also increased the total allowable repurchase amount of its preferred stock to $2 billion U.S. from $1 billion U.S. under a previous share buyback program.
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#NASDAQ #mstr #securities

Costco (COST) shoppers kept spending through the last weeks of summer, and the numbers back it up. The warehouse giant posted another month of strong sales growth, giving investors plenty of reasons to watch Costco stock heading into Q4 2026.
The retailer's August results, covering the four weeks from Aug. 3 through Aug. 30, showed broad strength across regions and categories. Gas prices played a big role in the headline number, but even without that boost, Costco's core business kept growing at a healthy clip.
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Dear Adobe Stock Fans, Mark Your Calendars for September 10

#kept #cost

On August 6, Nova (NASDAQ:NVMI) reported second-quarter 2026 results for the three months ended June 30, and the numbers marked a new high point for the semiconductor metrology company. Revenue hit $255.0 million, up 8% from the first quarter of 2026 and 16% higher than the second quarter of 2025. GAAP net income reached $75 million, while non-GAAP net income climbed to $86.5 million. For a company built around measuring the tiniest details in chip manufacturing, the quarter itself was anything but small.
The headline figures tell part of the story, but the breakdown underneath is where the quarter gets interesting. GAAP earnings per diluted share reached $2.20 in the second quarter of 2026, up from $2.04 in the first quarter of 2026 and $2.14 a year earlier in the second quarter of 2025. Non-GAAP earnings per diluted share went further, hitting $2.51 in the second quarter of 2026 compared with $2.33 in the first quarter of 2026 and $2.20 in the second quarter of 2025. That is back-to-back sequential growth on both a GAAP and non-GAAP basis, not just a single strong quarter against an easy comparison.
Two product lines did the heavy lifting. Nova posted record revenue from its advanced logic devices business, which it tied to the industry's shift toward Gate-All-Around transistor architecture and rising demand for advanced process nodes. Advanced packaging solutions also hit a record, supported by capacity additions across both logic and memory manufacturing. Those are two distinct growth engines firing in the same quarter, which matters more than a single hot product line would.
Management is not treating this as a one-off. For the third quarter of 2026, the period ending September 30, Nova guided to revenue of $277 million to $287 million, GAAP diluted EPS of $2.46 to $2.61, and non-GAAP diluted EPS of $2.70 to $2.85. At the midpoint, that outlook points to another double-digit sequential jump in sales. President and CEO Gaby Waisman framed the quarter as validation of the company's long-term plan, citing broad-based customer demand, continued market share gains, and deeper engagement across leading-edge device segments as the drivers behind what he described as increased visibility into coming quarters.
The results were not clean across every line. Gross margin came in at 56.5% in the second quarter of 2026, down from 57.7% in the first quarter of 2026 and 57.8% in the second quarter of 2025. That is a decline on both a sequential and year-over-year basis even as revenue set records, which means the mix of what Nova sold this quarter carried lower profitability than what it sold a year ago.

#second #diluted #advanced

I spend a lot of time ***** yzing exchange-traded funds (ETFs) here. And while you might think that's because I've ***** yzed those securities individually for a long time (I have), the thing about ETF ***** ysis is this: if you do enough of it, for enough years, you start to see patterns of behavior. And while they don't always immediately say "buy this" or "sell this," they do something I think is at least as important to traders and investors.
ETFs can help us figure out when early risk has a shot of becoming big risk. Which often leads to big losses. And I'm all about minimizing that.
Why It's Time to Load Up on SoFi Stock
A $1.4 Billion Reason to Buy GameStop Stock Now
TIME Left Nvidia CEO Jensen Huang Off Its 100 Most Influential People in AI List — But Paris Hilton and Ben Affleck Made the Cut

#etfs #risk #load

On September 1, Everus Construction Group (NYSE:ECG) completed a $295 million cash acquisition of Epsilon Industries, a maker of prefabricated mechanical and electrical systems with plants scattered across the US and Canada. Everus first disclosed the deal on July 31, and the closing lands only a month after the company posted a quarter in which revenue jumped by more than a third. Epsilon's off-site fabrication lines give Everus a faster way to build the data centers, factories, and hospitals reshaping its backlog.
Everus grew into this deal from a position of strength. Second quarter revenue climbed 33.7% to $1.23 billion, and diluted earnings per share rose 59.2% to $1.64, numbers that reflect more than accounting leverage. Backlog reached $4.55 billion, up 41% from the end of 2025 and up 52.8% from a year earlier, driven largely by the electrical and mechanical segment, where revenue rose 41.6%, and EBITDA jumped 71.6%. That segment's backlog alone hit $4.16 billion, fueled by project bookings that topped $2 billion in the quarter across data center, hospitality, and high-tech work.
Epsilon slots directly into that momentum. Its modular capabilities are meant to extend Everus's geographic reach and deepen its footprint in advanced manufacturing, healthcare, and data center work, the same markets already driving backlog higher. Keeping Epsilon's president, Chris Wiederick, and its existing leadership in place suggests Everus wants continuity rather than a disruptive overhaul. Management raised full-year guidance to $4.5 billion to $4.7 billion in revenue and $410 million to $425 million in EBITDA even before folding in Epsilon's contribution, which it plans to detail during third-quarter earnings.
The growth comes with strings attached. Everus paid for Epsilon with cash on hand plus new borrowings under its credit facilities, its second acquisition this year after buying SE&M Constructors in the second quarter. Running two integrations at once raises the odds that something slips, whether in cost synergies or in the customer relationships that made both targets attractive in the first place. Net leverage stood at a modest 0.3x as of June 30, but that figure predates the Epsilon borrowings, so the real post-deal leverage is not yet known.
Not every part of the business is firing evenly, either. Transmission and distribution revenue grew only 7.1% in the quarter, and its backlog of $388.4 million actually sat below the $410.1 million reported a year earlier, even as the electrical and mechanical segment surged. That leaves Everus increasingly dependent on data center and commercial construction spending staying strong, a concentration that could cut the other way if that end market cools. And with the full financial impact of Epsilon not landing in guidance until third quarter results, investors are being asked to price in a deal whose numbers are still incomplete.

#billion #million #year

By Hernan Nessi
BUENOS AIRES, Sept 4 (Reuters) - When traffic authorities confiscate a delivery rider's motorcycle in Buenos Aires, getting back to work can depend on taking out costly digital loans, feeding a debt cycle that is increasingly binding Argentina's gig workers to the apps they rely on for income.
Albert Quintero, a 41-year-old courier, earns ‌on average 70,000 pesos ($46) per day delivering takeaway meals. But recovering an impounded motorcycle can cost around 140,000 pesos ($90) in fines and fees, a bill he says many ‌workers can't afford without borrowing.
More app workers are turning to fintech loans, including credit offered by the same delivery platforms they work for, despite interest rates that regularly run into triple digits.
Apps such as PedidosYa offer loans to riders at a 131% annual rate, while digital wallet Personal Pay charges around 170%.

#motorcycle

Series EE and I bonds stop earning interest at exactly year 30, with Treasury reporting billions in matured, unredeemed bonds still circulating.
Under IRC Section 454, deferred bond interest becomes taxable the year a bond matures, not when redeemed, triggering surprise tax bills for unknowing heirs.
A matured bond earns nothing while the 10-year Treasury yields 4.79%, meaning every month of delay actively erodes purchasing power.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
If you inherited a shoebox of paper savings bonds from a parent or grandparent, some of them may have quietly stopped paying you years ago. U.S. savings bonds do not earn interest forever. They hit a hard stop called final maturity, and for the Series EE, Series I, and Series HH bonds most families still hold, that stop lands at exactly 30 years from the issue date printed on the face. Treasury's Bureau of the Fiscal Service continues to report billions of dollars in matured, unredeemed savings bonds sitting in circulation. Once a bond reaches year 30, it stops accruing interest and can generate a tax bill you never saw coming.

#interest #bond #stop #treasury

By Nupur Anand
NEW YORK, Sept 2 (Reuters) - A Democratic U.S. senator has pressed Capital One Financial for details about an internal anti-money laundering review that the bank said last month ‌led it to close accounts linked to President Donald Trump and his businesses.
In a letter ‌sent to Capital One CEO Richard Fairbank on Tuesday evening and first reported by Reuters, Senator Maggie Hassan, a New Hampshire Democrat, asked for documents describing the transactions, alerts and other factors that prompted the review, as well as any communications with law enforcement or regulators related to the matter.
"The American people deserve to know," wrote Hassan, the top Democrat on the Joint Economic Committee.
Capital One declined to comment.

#capital #nupur #sept

Investment management company First Pacific Advisors recently released its "FPA Queens Road Small Cap Value Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned 27.02% in the first half of 2026, outperforming the Russell 2000 Value Index's 22.99% gain and the S&P 600 Index's 23.90% return. Small-cap earnings growth also began accelerating relative to large caps, while the small-cap technology sector surged nearly 100% in 26H1. The fund's technology holdings gained 72.39%, contributing 14.87 percentage points, compared with a 95.27% return and 7.10-point contribution from the benchmark's technology sector. Excluding IT and cash, the Fund contributed 12.73% versus 15.89% for the Russell 2000 Value Index; on a fully invested basis, the figures were 16.62% and 17.59%, respectively. The portfolio continued to trim appreciated technology holdings amid the AI-driven rally, while maintaining a bottom-up approach and avoiding beaten-down SaaS stocks due to the widening range of AI-related outcomes. The fund also eliminated about $62 million in capital gains during Q2 and approximately $140 million year-to-date through July, while ending the quarter with 10.2% in cash. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks like Upbound Group (NASDAQ:UPBD). Upbound Group (NASDAQ:UPBD) provides consumer leasing and retail solutions through brands including Rent-A-Center, serving customers seeking flexible payment options. The one-month return of Upbound Group (NASDAQ:UPBD) was -10.86% while its shares traded between $15.82 and $28.03 over the last 52 weeks. On August 28, 2026, Upbound Group (NASDAQ:UPBD) stock closed at approximately $19.22 per share, with a market capitalization of about $1.07 billion.
FPA Queens Road Small Cap Value Fund stated the following regarding Upbound Group (NASDAQ:UPBD) in its Q2 2026 investor letter:
"Upbound Group (NASDAQ:UPBD) lends to sub-prime consumers in two primary segments: Rent-a-Center, which focuses on furniture and appliances through physical stores; and Acima, which offers last-look financing through ***** ociated retailers including electronics and tire shops ("Buy Now Pay Later"). Sub-prime consumers are struggling but Upbound's operating results remain stable. The company has been slow to de-lever after purchasing Acima in 2021 and made another incremental acquisition on Jan. 31, 2025 when it bought Brigit, an app that charges subscription fees to access payday lending. UPBD's stock is cheap at less than five times earnings. But we have been slow to add given the company's leverage and concerns regarding the Buy Now Pay Later segment".

#letter

August turned out to be a pretty good month for S&P 500 investors. And some stocks wound up having a great month.
If you invested $100,000 in January in the top-performing stock in the S&P 500 at the time and reinvested that in each month's top performer, including vaccine maker Moderna (MRNA) in August, you'd have $12.7 million now, says an Investor's Business Daily **** ysis of data from S&P Global Market Intelligence and MarketSurge.
That's an impressive eight-month gain of 12,600%. It's quite a feat given the S&P 500 itself is up just 12.7% so far this year. And the same $100,000 invested in the S&P 500 would be worth just $112,700 now. The S&P 500 rose 3% in August, making it the third-best month this year.
Hindsight is 20-20. And, clearly, few if any investors could have picked the top stock in each of the past eight months, as it's not a repeatable strategy. But the staggering numbers this year remind investors that amazing gains can be scooped up by diligent investors who keep buy lists handy for big leaders when the S&P 500 starts to hit highs.
In fact, the S&P 500 offered many ways to make money in August. More than 278 stocks in the index rose during August. And of those, nine stocks jumped more than 30% in just one month.

#stocks #invested

Salesforce (NYSE:CRM) spent its fiscal 2027 second quarter proving a point it has been arguing for months: that artificial intelligence is expanding its business rather than replacing it. The company used its August 26 earnings call to unveil Claudeforce, a joint product with Anthropic that layers Claude's reasoning on top of Salesforce's customer data, while posting numbers that gave management fresh ammunition against the idea that AI agents make traditional software obsolete.
The headline metric was Agentforce annual recurring revenue crossing $1.5 billion, up more than 240% year over year, with AI and data ARR nearing $3.9 billion after growing over 210%. That growth showed up in usage too. Customers generated 3.2 billion Agentic Work Units in the quarter, a 97% jump from the prior quarter, and agentic activity through Model Context Protocol and Claude calls surged sixfold as customers moved past standard software interfaces.
Slackbot became the company's fastest adopted AI product ever, reaching 1 million active users just five months after launch and growing 150% quarter over quarter. Current remaining performance obligation climbed 14% in constant currency to $33.5 billion, a point ahead of guidance, while net new annual order value growth hit its strongest level in four years. Bookings from the premium Agentforce 1 Edition and Agentforce for Apps bundles more than doubled from the prior quarter, and contract terms lengthened across every segment.
On the data side, the Data 360 platform ingested 104 trillion records, up 355% year over year, with Zero Copy architecture usage climbing 731%. Nine of the top 10 AI companies now run on Salesforce and Slack, and their combined spending rose 435% year over year, a detail management used to argue that frontier AI firms depend on CRM infrastructure rather than displacing it. Free cash flow reached $1.1 billion, up 81% year over year, and the U.S. Army expanded its contract to potentially drive up to 55 million monthly Agentforce conversations.
Not every line told a clean growth story. Non-GAAP operating margin actually slipped slightly to 34.1% from 34.3% a year earlier, even as revenue and earnings per share climbed. Overall revenue growth remained a comparatively modest 11%, and management pointed to continued volatility in licensed revenue within its integration and ****** ytics segments, even as Slack and Agentforce carried the results. The raised full-year guidance also comes with an asterisk. Of the $300 million constant currency increase to fiscal 2027 revenue guidance, only $100 million reflects organic momentum, while $200 million depends on the anticipated closings of the Contentful and Fin acquisitions in the coming weeks, deals that have not yet closed.

#revenue #billion #data #guidance

On August 17, Caterpillar Inc. (NYSE:CAT) launched a new manufacturing workforce commitment in Arkansas, a modest headline next to the numbers coming out of its other businesses. Just two weeks earlier, the company posted its first-ever $20 billion sales quarter, and a fast-growing power generation arm is quietly becoming its most important source of growth. Together, these threads point to a company reshaping itself well beyond its bulldozer roots, and a stock market that has already started pricing in the shift.
Caterpillar's power and energy division brought in more than $8.2 billion in the second quarter, a 17% jump from a year earlier that pushed it almost even with the $8.3 billion generated by the company's traditional construction segment. Its operating profit, at just over $2 billion, actually topped construction's, a sign that demand from data centers building out AI infrastructure carries real pricing power. Caterpillar's order backlog stood at $72 billion at the end of June, up 92% from a year earlier, suggesting this shift has room to keep running.
The broader business backed that up. Sales and revenues for the quarter reached $20.5 billion, up 24% from $16.6 billion a year earlier, the first time Caterpillar has crossed $20 billion in a single quarter. Profit per share rose to $7.77, while adjusted operating margin expanded to 21.9% from 17.6%. Alongside $4.4 billion in operating cash flow, the company kept investing in the workforce feeding that growth. The Arkansas commitment, worth up to $3 million, is the fifth allocation under Caterpillar's five-year, $100 million Building the Future Workforce Initiative, following earlier launches in Indiana, Texas and Illinois. It brings in training partners including the University of Arkansas Pulaski Technical College and the Little Rock Regional Chamber around a North Little Rock plant that already employs more than 530 people and works with 60 suppliers in the state.
None of that growth comes cheap. Caterpillar shares have climbed nearly 90% over the past year on AI-driven optimism, pushing the forward price-to-earnings ratio above 30. That makes the stock more expensive than Microsoft, Alphabet or Nvidia, three companies most investors would call the faces of the AI boom rather than a maker of generators and mining trucks. For decades, Caterpillar traded below the S&P 500's long-run average multiple because its construction business tends to grow in the single digits, a pattern that made the market wary of paying up for the name.

#caterpillar #arkansas #company #Growth

With a market cap of $760 billion, Advanced Micro Devices, Inc. (AMD) is a high-performance and AI computing company focused on driving innovation across cloud, AI infrastructure, embedded systems, AI PCs and gaming. Its broad portfolio includes AI-optimized CPUs, GPUs, networking and software designed to deliver powerful, scalable computing solutions.
Companies valued at $200 billion or more are generally classified as "mega-cap" stocks, and Advanced Micro Devices fits this criterion perfectly. AMD's full-stack AI technologies are helping enable the next generation of intelligent computing and support billions of experiences worldwide.
Jeff Bezos' Heartfelt Tribute to Dolly Parton Drew Brutal Backlash: 'Nobody Wanted to Hear This From You' — He Once Gave Her $100 Million for Charity
Intel vs. AMD: Why the Market Share Number Is Misleading
A $100 Billion Buildout In Louisiana Is Planned for Starship. What This Means for SPCX Stock.

#market #cpus

Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts.
With roots dating back to 1868, Scotts Miracle-Gro (SMG) faces a future that hinges on getting a nonchalant Gen Z crowd to pay to fertilize their lawns, just like their proud green-lawn-owning parents.
New CEO Nate Baxter realizes the hill to climb is steep and chock-full of roadblocks, such as more people buying Astroturf for lawns or putting stones where grass once lived — and needing water to do so.
"So our core consumer that has been with us for decades. They're homeowners or renters who care about their lawn. They are dedicated. And they care about weeds — they don't want them. They want the perfect lawn story," Baxter said in a new episode of the Power Players with Brian Sozzi podcast (watch above; listen in below). "What we are seeing with the next generation of consumer is a real interest in going natural. They don't mind an occasional dandelion in their lawn."
Baxter said Scotts has released new fertilizer in recyclable paper bags and all-natural lawn food to cater to this finicky crowd. He promises a push into products that could help people connect with the health of their lawn's soil.

#crowd

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates move further. CD rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD.
The following is a breakdown of CD rates today and where to find the best offers.
Generally, the best CD rates today are offered on shorter terms of around one year or less. Online banks and credit unions, in particular, offer the top CD rates.
Today, Saturday, August 29, 2026, the highest CD rate is 4.30%. Synchrony Bank offers this rate on its 16-month CD, and Marcus by Goldman Sachs offers it on its 18-month CD.

#best #around #month #advertiser

Sui (SUI) failed to capitalize on last week's strong rally in the crypto market, as the token's year-to-date losses (YTD) still stand at 44%.
This makes it the second worst-performing token in the top 30, only surpassed by Bitcoin Cash (BCH).
A clear lack of initiative from the project's development team to attract developers and grow its ecosystem seems to be what's keeping a lid on SUI's upside potential right now.
This bear market has taken a massive toll on Sui's fees, plummeting its weekly fees to less than $1 million.
Meanwhile, on-chain metrics show that DEX volumes stand at around $250 million, down from a 2026 peak of $2 billion during the second week of January. This reflects low interaction with decentralized apps (dApps) built on Sui and spells trouble for the token's long-term outlook.

#million #Bitcoin #january #failed

By Chuck Mikolajczak
NEW YORK, Aug 27 (Reuters) - The dollar was roughly flat on Thursday after a round of economic data, while attention moved towards a speech by Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium.
Warsh is scheduled to speak ‌at the gathering of central bankers on Friday, where investors will watch for clues on how policymakers plan to navigate a landscape ‌in which higher Treasury yields could do some of the tightening work for them.
The dollar has rebounded 0.35% this week after a 0.83% drop in the prior week after U.S. Treasury Secretary Scott Bessent said the Treasury would double the size of quarterly repurchases of longer-dated bonds, sparking concerns that a shift to a more direct strategy to mitigate the rise in borrowing costs could lead to a debasement of the dollar.
The dollar index, which measures the greenback against a basket of currencies, edged up 0.05% to 99.18, with the euro off 0.03% at $1.1646.

#warsh #chuck #york #thursday

Hayden Capital, an investment management firm, released its second-quarter 2026 investment letter. The letter can be downloaded here. In the second quarter, the portfolio gained 6.9%, compared to the S&P 500's 15.2%. Overall, approximately 34% of the portfolio is in Asia, 43% in North America, and the rest spread across other regions. Hayden Capital remains guided by a strategy focused on high-quality franchises with stable earnings power, continuing to invest despite this year's challenging results. Their largest investments are experiencing over 40% revenue growth yet are trading at similar valuations to the broader market, indicating potential for future outperformance. The recent market corrections in AI investments have prompted a healthier perspective among investors, emphasizing the importance of strong business fundamentals. Companies are leaning towards partnerships with AI firms rather than outright replacements, ensuring better access to data and operational efficiency. Six months into the "SaaS-pocalypse," software incumbents remain resilient despite initial fears of disruption. While AI is indeed transformative, the anticipated rapid changes in markets have not materialized as quickly as expected. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hayden Capital highlighted MercadoLibre, Inc. (NASDAQ:MELI). MercadoLibre, Inc. (NASDAQ:MELI) operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. On August 27, 2026, MercadoLibre, Inc. (NASDAQ:MELI) closed at $1,930.75 per share. Over the past month, MercadoLibre, Inc. (NASDAQ:MELI) returned 2.81%, while its shares have declined 21.92% in the last 52 weeks. MercadoLibre, Inc. (NASDAQ:MELI) has a market capitalization of $97.88 billion, and its stock has traded within a 52-week range of $1,495.00 to $2,548.50.
Hayden Capital stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its Q2 2026 investor letter:
"Another situation I'm following closely is MercadoLibre, Inc.'s (NASDAQ:MELI) reinvestment program in Latin America. The company has been building out same and next-day shipping, and offering free shipping on low-ticket items (those under R$19 in Brazil).
By my calculations, Mercado Libre has spent ~$2.2BN in ***** ulative reinvestment spend since mid-last year. The initiative is still early, but we're starting to see signs of it paying off. New buyers grew ~+18M over the last twelve months (+26% y/y), against a pre-investment run-rate of ~15% y/y.

#mercadolibre #second

Better Mortgage and Coinbase (NASDAQ: $COIN) have moved their token-backed conforming mortgage into general availability, taking a product that closed its first Bitcoin-backed Fannie Mae loan in June into a broader nationwide offering for Coinbase One members.
The mortgages are originated and serviced by Better and powered by Coinbase, with the first lien structured under Fannie Mae guidelines as a standard conforming home loan. The crypto-backed portion sits alongside that mortgage, allowing qualified borrowers to pledge digital **** ets toward the down payment without first selling their holdings.
Coinbase One members approved for a Better loan can also receive a lender-funded credit equal to 1% of the mortgage value, capped at $10,000. Better said the credit now extends beyond the token-backed product to standard mortgages, home equity lines of credit and refinances.
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#Coinbase #first #loan

Zoom Communications Inc. (NASDAQ:ZM) delivered a clean Q2 2027 print. Total revenue grew 4.9% year over year to $1.28 billion, beating estimates of $1.27 billion, while EPS of $1.55 beat the $1.48 consensus. Revenue growth was backed by 7.8% growth in Enterprise revenue, its strongest growth rate in three years. Remaining performance obligations also grew 14% year-over-year, but the stock fell anyway.
On August 26, Citizens ****** yst Patrick Walravens reiterated a Market Perform rating on Zoom Communications Inc. (NASDAQ: ZM), building on the view that the stock is already fairly valued and that the market has stopped rewarding the stock for beating a number it usually beats.
Photo by Chris Montgomery on Unsplash
Zoom's enterprise revenue witnessed its strongest growth in years. Enterprise sales increased 7.8% year-over-year to $787.5 million backed by multi-product deals and AI-driven offerings. The segment now accounts for an estimated 62% of total revenue.
Zoom's remaining performance obligations also grew to $4.5 billion, beating the consensus estimate of $4.3 billion. The company's AI strategy is also strengthening. Its AI-first Customer Experience Portfolio produced high-double-digit ARR growth, licensed monthly active users for AI features in the Workplace product grew 125% year on year, while customer numbers for Zoom Virtual Agent, its automated system handling inbound customer queries, rose 256%.

#revenue

Ethereum's native token, Ether (ETH), has jumped more than 30% from its August lows near $1,800, briefly climbing above $2,500 as short liquidations and renewed buying accelerated its recovery.
But the rally is now running into major technical resistance, raising the risk of a short-term correction toward $2,000.
Ethereum's three-day chart shows ETH testing its 200-period exponential moving average (200-period EMA, blue) near $2,534.
The level has historically acted as an important long-term trend indicator. ETH is also testing a rising resistance trendline connecting its previous 2026 highs, creating an additional hurdle around the same price area.
Meanwhile, Ethereum's three-day relative strength index (RSI) has climbed to around 74.

#resistance #testing #around #ether

Debt by any other name is still debt, and if you've ever been in any amount of it, you'll know that the one thing that is definitely not the solution is, well, even more debt. And yet, that seems to be the preferred strategy of modern governments: If more money is needed, then they can simply fund it with endless debt.
The level of arrears accrued by the powers of the world is almost incomprehensible at this point. According to the Institute of International Finance, total global debt, across sectors and types of lending, is over $350 trillion, equivalent to about 305% of global GDP. That's compared to 240% of GDP in 2005.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#dave

For David Poole, head of Citigold North America, the biggest retirement mistake he sees people making is putting off their retirement savings.
"While we all face competing financial priorities, every year you delay saving is one less year your money has to grow," he told MarketWatch.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#david #poole

Nvidia (NVDA) will release its second-quarter fiscal 2027 financial results on Wednesday, Aug. 26. Given the company's dominant position in the artificial intelligence (AI) infrastructure ******* e, Nvidia appears well-positioned to deliver robust revenue and earnings growth in Q2. Further, Nvidia's current valuation looks attractive relative to its earnings growth potential and peers, setting the stage for meaningful upside.
The broader AI investment cycle remains a significant tailwind for Nvidia. Hyperscalers continue to increase capital expenditures, while AI is expanding demand for advanced computing infrastructure across industries. These trends suggest that AI-related spending could remain elevated, supporting Nvidia's financials.
Third Point Starts to Raise Alarm Bells on Broadcom After Dumping AVGO Stock in Q2
David Einhorn Just Bet $61.5 Million on PayPal. Why PYPL Looks Cheap Again.
Powerful Growth, Multiple Endorsements Bode Well for Oracle Stock

#Growth #looks #infrastructure

Broadcom (AVGO) shares inched higher on Friday after BMO Capital Markets initiated coverage of the semiconductor giant with an "Outperform" rating.
Citing artificial intelligence (AI) tailwinds, ***** yst Harsh ***** ar set his price target for AVGO at $455, indicating potential upside of more than 25% from current levels.
Google Is Reportedly Working with AMD for Its New TPU. What This Means for AMD Stock.
IREN Just Passed Its Biggest AI Test as Microsoft and Nvidia Bet Billions
Paul Tudor Jones Just Liquidated His Entire Stake in Applied Materials Stock. I Don't Think He's 100% Bearish on AI Though… Yet

#avgo #markets #outperform #harsh