CoreWeave (NASDAQ:CRWV), a GPU-accelerated cloud infrastructure provider, closed at $79.88, down 4.16%. The stock fell after CoreWeave announced convertible debt and a share sale, and investors are watching financing costs and infrastructure expansion.
Trading volume reached 78.3 million shares, coming in about 176% above its three-month average of 28.4 million shares. CoreWeave IPO'd in 2025 and has doubled since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,637, up 1.13%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,418, up 1.69%. Among specialized cloud computing and AI infrastructure services peers, Nebius Group (NASDAQ:NBIS) closed at $217.99, up 4.12%, and Iren (NASDAQ:IREN) closed at $43.48, up 2.02%, as investors kept weighing AI buildout demand against funding needs.
It's important to note why CoreWeave stock dropped while shares of its closest peers rose sharply today. The companies are in a capital-intensive spending growth stretch. Demand for high-powered compute cloud ******* e for AI is huge, and CoreWeave announced today that it would raise money to meet that demand in two ways.
Its share offering and convertible bond offering are both likely to be dilutive to shareholders. But it takes money to make money, and CoreWeave also reinforced today that it is raising prices for its compute cloud contracts.
But the debt and share issuance contrasts with the solid cash position of peer Iren, for example. Iren has built up cash from its existing crypto mining operations.

#iren #infrastructure #shares

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The Federal Reserve raised interest rates on Wednesday, marking its first hike in more than three years, in a move that will likely make borrowing more expensive while giving savers a modest boost.
Fed Chairman Kevin Warsh and the Federal Open Market Committee announced a widely expected quarter-point rate increase and indicated another to come.
The stock market's reaction to the Fed's announcement is likely to draw the most headlines, and John Shugar, a partner at Goldman Sachs, leans toward an optimistic scenario.
"You basically have a market where all of the heavy lifting has actually been done on the earnings side," Shugar said in an ***** ysis. He points to "terrific opportunities" in various AI consumer sectors, though "over the next few weeks, we may have a lot more speed ***** ps."

#shugar #market #disclosure #chairman

With a market cap of $22.4 billion, Dollar Tree, Inc. (DLTR) operates discount variety stores across the United States and Canada under the Dollar Tree and Dollar Tree Canada brands. The company offers a wide range of consumables, variety merchandise, and seasonal goods, catering to everyday needs as well as holidays and special occasions.
Companies worth more than $10 billion are generally labeled as "large-cap" stocks and Dollar Tree fits this criterion perfectly. Supported by a nationwide logistics network and its e-commerce platform, DollarTree.com, the retailer serves individuals, small businesses, and organizations with affordable products and bulk purchasing options.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.

#tree #canada #united #Companies

On August 5, Clear Channel Outdoor Holdings Inc. (NYSE:CCO) reported second-quarter results that showed the billboard and airport advertising company accelerating just as it prepares to leave the public markets. On February 9, Clear Channel agreed to be acquired by an investor consortium advised by Mubadala Capital for $2.43 per share, a deal stockholders approved on May 12, and one expected to close by the end of the third quarter of 2026. Because of the pending Merger, Clear Channel skipped its usual earnings call and offered no forward guidance.
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.

#channel #revenue #airports #operations

In what is being referred to as potentially social media's "Big Tobacco moment," Meta Platforms (NASDAQ: META) recently announced an agreement with 52 attorneys general under which the parent company of Facebook and Instagram will pay up to $18 billion over the next decade and significantly change its policies for teen users.
While the fine would be the largest consumer-protection settlement ever, excluding Big Tobacco, most Wall Street ***** ysts and experts believe Meta avoided what could have been a vastly larger financial settlement.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But the ramifications from this landmark teen-safety lawsuit could be far worse for social media company Snap (NYSE: SNAP). Here's why.
Per the agreement, Meta will pay $12.7 billion to the participating states and U.S. territories in the lawsuit in annual installments over the next decade. The remaining $5.3 billion will be paid based on two conditions: Alphabet's YouTube and TikTok must apply some of the same changes that Meta is making for teens, and those companies must collectively pay a matching $5.3 billion.

#meta #billion #signal #flashing

Artisan Partners, an investment management company, released its second-quarter 2026 investor commentary for the "Artisan Global Opportunities Strategy". The letter can be downloaded here. Global equities rebounded sharply during the quarter, with the MSCI ACWI Index returning 15.3% as resilient economic growth, strong corporate earnings, and continued enthusiasm around artificial intelligence supported markets despite persistent inflation, higher bond yields, and geopolitical uncertainty. The portfolio reported strong absolute returns of 12.65% (net) but underperformed the benchmark, mainly because of its underweight exposure to information technology and overweight position in health care. Strong stock selection in technology and energy partially offset these headwinds. The fund continues to see attractive long-term opportunities across AI infrastructure, health care and consumer internet, while remaining disciplined on valuation as several AI-related stocks have appreciated sharply. Management remains focused on durable franchises with identifiable profit cycles and attractive long-term earnings potential. Also, check the Strategy's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Artisan Global Opportunities Strategy highlighted Lam Research Corporation (NASDAQ:LRCX), a leading semiconductor equipment company that supplies semiconductor processing equipment. Lam Research Corporation (NASDAQ:LRCX) accounted for 2.5% portfolio and contributed positively to the strategy's performance this quarter. On September 1, 2026, Lam Research Corporation (NASDAQ:LRCX) closed at $290.20 per share. Over the past month, Lam Research Corporation (NASDAQ:LRCX) declined 5.60%, but its shares are up 196.91% over the past year. Lam Research Corporation (NASDAQ:LRCX) has a market capitalization of $363.13 billion.
Artisan Global Opportunities Strategy stated the following regarding Lam Research Corporation (NASDAQ:LRCX) in its Q2 2026 investor letter:
"Our top contributors in Q2 were AMD, Lam Research Corporation (NASDAQ:LRCX) and Taiwan Semiconductor Manufacturing (TSMC). Lam is a leading supplier of semiconductor manufacturing equipment, with dominant positions in etching and deposition. The company delivered results that exceeded elevated expectations, with margins remaining above anticipated levels and guidance pointing to continued momentum. In response to rising semiconductor capital spending, particularly in memory, management increased its outlook for 2026 wafer fabrication equipment spending to approximately $140 billion, representing roughly 27% year-over-year growth. Given the stock's recent appreciation and valuation approaching the upper end of our target range, we trimmed the position to manage risk and position size."

#corporation #lrcx #semiconductor #strategy

The S&P 500 Index ($SPX) (SPY) is down by -0.44% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.96%. E-mini S&P futures (ESU26) are down -0.46%, and September E-mini Nasdaq futures (NQU26) are down -0.98%.
Stock indices are trading lower today, with the S&P 500 falling to a 4-week low and the Dow Jones Industrials and the Nasdaq 100 posting 1-week lows. Stocks are sliding as rising oil prices boost inflation expectations and ramp up expectations that global central banks will keep raising interest rates. Investors are demanding higher yields to hold bonds as concerns intensify about persistent inflation, government spending, and surging corporate borrowing to finance the AI buildout. The higher bond yields have sparked a retreat in chipmakers and AI-infrastructure stocks today.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR

#NASDAQ

Last Updated: Aug. 26, 2026 at 10:37pm ET
2026년. 8월 26일 오후 5:04 New York 시간
By
Robbie Whelan
,

#last #york

Charles Schwab (NYSE: $SCHW) plans to expand its crypto offering with three additional tokens, giving clients access to Solana (CRYPTO: $SOL), Avalanche (CRYPTO: $AVAX) and Chainlink (CRYPTO: $LINK) in the coming months.
The new ****** ets will join Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH), which are already available through Schwab Crypto, the brokerage's digital ****** et trading platform. Schwab began rolling out the service to clients in May 2026 as part of its push into direct cryptocurrency trading.
In a Thursday announcement, the company said the decision to add SOL, AVAX and LINK comes amid client demand for established digital ****** ets. It also plans to add more cryptocurrencies and other digital ****** ets to the platform over time.
More From Cryptoprowl:
Bernstein Forecasts Bitcoin Will Reach $150,000 By Mid-2027

#assets #clients #trading

Not long ago, dividend stocks were the clear income champions. In July 2016, nearly two-thirds of S&P 500 ($SPX) companies (about 63.4%) offered a higher dividend yield than the 10-year Treasury. That was the peak of a post-financial-crisis era when ultra-low rates made equities the go-to source of cash flow for yield-hungry investors.
Today, that picture has completely flipped. As of late August 2026, fewer than 4% of S&P 500 stocks (16 stocks) yield more than the 10-year Treasury, the lowest share since May 2007.
New Layoffs Just Hit Apple's Vision Pro Staff. What That Means for AAPL Stock.
Nvidia Scored an H200 Win in China, But These ******* ysts Warn It May Not Be a Reason to Buy NVDA Stock
Better Than Nvidia: 3 AI Dividend Stocks Leaving It in the Dust

#yield #treasury #Stock #year

With the focus of global investors shifting away from the short-term economy to long-term fiscal credibility, the US dollar started its day on August 24 on multi-month lows. Although Treasury Department's plan to double buybacks to the tune of $4 billion per operation on 10- to 30-year debt has eased concerns in some market circles, others are concerned that Washington intends to further suppress long-term borrowing via the deficit without remediation. U.S. 30-year yields are at 5.337%, last week's 19-year highs, and a slightly better than expected Services report on Friday did little to push the dollar higher. Investors are watching both Friday's speech by Fed Chair Kevin Warsh from Jackson Hole and July's inflation for more insight on the possible direction and duration of monetary policy.
Buyer perception is that the ECB will continue to adhere to the fight against inflation after the September opening of a 2.5% deposit rate. In the meantime, while the recovery in Europe is uneven, sentiment in the markets is that recent growth data and business activity support the push for further inflation focus against the backdrop of the Iran conflict.
Sterling is further supported by the comparative relationship with the dollar. Fed Chair Kevin Warsh rose to 2.9% in July, while second-quarter GDP increased by 0.4%. There were also declines in retail sales and an unexpected budget deficit by the government which has weakened prospects. With all of this in mind, the best case scenario is still limited. Most economists predict interest rates will stay the same for the remainder of 2022. That said, inflation is still expected to rise enough to prompt the Bank of England for at least one interest rate hike in 2026.
For August 24, the primary FX theme is increased uncertainty over U.S. fiscal policy and treated the dollar as being weak, while the risks of tightening by the ECB and BoE supported the euro and pound.
For the U.S. Dollar Index, the 4-hour chart shows a price currently at $98.89 after breaking the $99.38 support. The price is below the 50, and 100, period Exponential Moving Averages (EMAs) confirming a bearish sentiment. The price has been attempting to stabilize in the range of $98.55 to $98.82, and has broken some support, but no major resistances have been established.

#inflation #support #price #kevin

Empty-nesters now own almost one-third of the country's large homes — the same share they held over a decade before. And while there are plenty of young families looking for a home, baby boomers aren't ready to give up their homes just yet.
While downsizing might seem like it'd be a financial no-brainer — a chance to unlock all the equity they've spent years building and slash your annual property taxes and maintenance costs by moving into a smaller house or condo — Redfin data shows boomers are thinking twice about making a big move.
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

#homes #bezos #dave

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Silver (SI=F) September futures opened at $63.43 per ounce on Wednesday, August 19, 2026, down 1% from Tuesday's closing price. The silver price moved higher this morning, reaching $65 as of 8:55 a.m. ET.
Despite signs of strength Wednesday morning, the silver price is down about 9% for the year — after spiking in late January and then dipping into negative territory in March. Catalysts have included ongoing tensions in the Middle East and higher rate hike expectations. While the war in Iran is ongoing, the interest-rate outlook has improved. Silver has not meaningfully appreciated, however.
The metal's industrial applications add complexity to its price drivers relative to gold. As a result, silver tends to be far more volatile. The current gold-to-silver ratio near 68 is in line with the long-term average range of 50 and 80.
The opening price of silver futures on Wednesday, August 19, 2026, was 1% lower compared to Tuesday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:

#silver #price #august

Interested in Circle Internet Group, Inc.? Here are five stocks we like better.
Circle sees USDC's long-term market opportunity reaching trillions of dollars, expanding beyond crypto trading into cross-border payments, capital markets, corporate treasury operations and AI-agent transactions. Reserve income is expected to remain a significant revenue driver while payments and infrastructure create additional monetization streams.
Arc's public mainnet is scheduled to launch on Sept. 16 as a stablecoin-native blockchain with transaction fees paid in USDC. Circle says the design could simplify blockchain use for developers and support financial, consumer and AI-agent applications.
Circle reported that EURC circulation has exceeded €400 million and said global stablecoin adoption should continue despite uncertainty over U.S. market-structure legislation. Its Circle Payments Network now has more than 175 financial-institution members.
Blueprint for a Banking Fortress: Circle Redraws the Map

#stablecoin

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Fifty-four percent of U.S. households saved no money last month, EY-Parthenon found in a survey, highlighting how the rising price for gasoline and other goods is undermining consumers' buying power.
One out of five households spent more than it earned and tapped debt or savings to cover expenses, EY-Parthenon said. Seventy-two percent of consumers identified dining out, apparel, beauty and personal care, and other discretionary categories as candidates for spending cuts.
"Many households are maintaining stability through spending trade-offs, delayed purchases and the use of savings or debt," Mark Chambers, the retail sector leader for EY Americas, said in a statement, while noting consumers' "resilience."
Consumers are altering their outlays to cope with persistent price pressures. Inflation rose 3.4% on an annual basis last month after increasing 3.5% in June, even as energy prices during July fell 1.5%, the Bureau of Labor Statistics said Wednesday.

#consumers #daily #last

Groq, a San Francisco-based AI infrastructure company, has raised $350m in a Series A round that values the company at $3.5bn.
The round was led by technology investment company Disruptive, with Nvidia expected to participate.
Alongside the $650m secured in June 2026, the latest fundraise takes Groq's recent funding to $1bn.
Completion of the Series A remains subject to customary closing conditions.
Groq aims to use the funding to expand its data centre network and support customers seeking access to medium and larger clusters of Nvidia accelerated computing for training and inference work.

#round

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Aug. 13, 2026 4:47 pm ET
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Prices on consumer and wholesale goods aren’t rising as much as feared, and that has been good for stock prices.

#listen #Consumer #aren #good

BNSF Railway reported higher second-quarter, pre-tax earnings thanks to a combination of volume growth and higher revenue per load, parent company Berkshire Hathaway (NYSE: BRK-B) reported on Saturday.
BNSF's pre-tax earnings rose 13.9%, to $2.06 billion, as revenue increased 14.6%, to $6.56 billion. The railway's operating expenses increased 15.6% compared to a year ago, as fuel costs surged 68%. BNSF's operating ratio was 65.4%, an 0.6-point increase.
Quarterly volume rose 6.5%, while average revenue per unit increased 7.6%, primarily from higher fuel surcharge revenue.
Consumer products volume, which includes intermodal and automotive traffic, grew 9.3%. Berkshire said the volume growth was due to "higher intermodal shipments resulting from higher West Coast imports, market share gains, and tightening truck capacity."
Agricultural and energy products traffic was up 11.5% for the quarter. "The volume increases were primarily due to higher grain exports, petroleum fuels and oilseeds and meals," Berkshire reported.

#increased #quarter

Five dividend stocks, among them ARLP and BKR, share an August 7 ex-date, so buyers must act by market close on August 6 if they want to collect the next distribution.
CFFN and BKR carry the strongest payout coverage, while ARLP's 9% yield already absorbed a 2025 cut and still exceeds trailing EPS.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Baker Hughes didn't make the cut. Grab the names FREE today.
Five dividends land in investor accounts this month, but only for people who own the shares before Friday, August 7. That's the ex-dividend date every one of the names below shares, which turns a routine income roundup into a timing exercise. The buy-by deadline is the close of trading on Thursday, August 6.
One of the five (a coal MLP with real coverage questions) carries a supersized yield; the rest have varying yields but they're still worth checking out. The main point here is the ex-date, and a quick read on whether each payout looks safe.

#stocks #yield #still

With a market cap of $99.2 billion, U.S. Bancorp (USB) delivers a wide range of banking, lending, payment, investment, and trust services to individuals, businesses, institutions, and government entities. It operates across multiple segments, including consumer and business banking, wealth management, payment services, and corporate and institutional banking.
Shares of the Minneapolis, Minnesota-based company have outpaced the broader market over the past 52 weeks. USB stock has increased 43.5% over this time frame, while the broader S&P 500 Index ($SPX) has returned 21.8%. Moreover, shares of the company are up 19.4% on a YTD basis, compared to SPX's 11% gain.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
1 ***** anese Company Just Waved a Red Flag for Micron Stock. How to Play It Here.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'

#banking #minneapolis

Stocks rallied Monday
. The Dow Jones Industrial Average hit a record after President Donald Trump said he would restart talks with Iran, which bolstered investors’ hopes of a cease-fire in the Middle East.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Palantir leads the S&P 500. Coherent and more AI names are rising sharply. ******* eX will issue its first earnings report after the closing bell Tuesday.

#Monday #president #Iran

The proposed acquisition would provide processing capacity for multiple sand products as the company works toward launching commercial operations in Texas.
Black Dragon Resource Company (USOTC:BDGR) signed a letter of intent to acquire a sand processing plant in Texas.
The proposed plant has a processing capacity of 350 tonnes of sand per hour.
Management expects the acquisition would allow the plant to be relocated to the company's property and could support revenue generation within a few months if completed.
The facility is designed to process frac sand, commercial sand and silicon chip sand, according to the company.

#proposed

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the strong quarterly performance to a structural shift in the office market where demand is now outpacing the supply of high-quality, amenitized buildings.
The company has successfully implemented asking rate increases of over 15% across a substantial portion of the portfolio, reflecting significant pricing power in core submarkets.
Operational outperformance was driven by the completion of renovations on 90% of the portfolio since 2020, positioning ****** ets as 'Piedmont PLACEs' that command record-high rental rates.
Management noted that over 80% of the portfolio has been leased post-pandemic, suggesting that the vast majority of the customer base has already completed ****** e right-sizing.

#Portfolio #NVIDIA #tell #operational

Updated July 23, 2026 5:41 pm ET
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The WSJ Dollar Index is up 0.27 point or 0.28% today to 97.59
—Largest one-day point and percentage gain since Monday, July 13, 2026

#percentage

Renewable energy developer Avantus said its Aratina 1 solar-plus-storage project has entered commercial operation in California. The 200-MW/500-MWh installation in Kern County has long-term power purchase agreements (PPAs) with Central Coast Community Energy (3CE) and Silicon Valley Clean Energy (SVCE), a pair of community choice aggregators.Avantus on July 20 said the company will have a controlling stake in Aratina 1 and will operate the facility. The company said the project is among several **** ets it will oversee as it expands from a clean energy developer to an independent power producer (IPP)."Aratina 1 coming online marks a major milestone for Avantus as an independent power producer, providing reliable clean power to California communities for decades to come," said Cliff Graham, CEO of Avantus. "I'm incredibly proud of what Team Avantus built here. Their expertise across development, construction, financing and operations, and the trust our financing and CCA partners have placed in us, are the foundation we're building our long-term IPP model on.""The Aratina project is a powerful example of how community choice energy turns climate goals into real projects on the ground," said Robert Shaw, CEO of 3CE. "Our long-term commitment to 120 MW from this facility will deliver clean, affordable power to our customers while supporting California's transition away from fossil fuels. We're grateful to partner with Avantus on a project that strengthens grid reliability and invests in the Central Coast's clean energy future."
Avantus said a consortium of lenders, including Sumitomo Mitsui Banking Corp., Truist Securities, ING Capital, and Mizuho, provided financing of more than $500 million for Aratina 1. The project also secured a $300-million tax equity commitment from Truist Bank. Officials said the project created about 500 jobs at peak construction."The clean power generated from the Aratina project gets us one step closer to our climate goals. New projects like this are critical in increasing statewide clean capacity and reliability as we reduce our dependence on fossil fuels and move towards an all-electric future," said Monica Padilla, CEO of SVCE.Avantus on Monday said that Aratina 2, the second phase of the Aratina Solar Center, located adjacent to Aratina 1, is currently under construction. Aratina 2 recently closed more than $525 million in financing and is targeting commercial operation before year-end. The Aratina Solar Center when complete will represent a combined 350 MW of solar and 952 MWh of energy storage.Avantus develops, owns, and operates utility-scale clean energy projects across California and the Desert Southwest. The company is backed by strategic investment from KKR and EIG. The company earlier this year closed a financing package of more than $300 million for a project in Arizona.Avantus and Clean Power Alliance, another community choice aggregator, earlier in July announced a 20-year PPA for the Rexford 2 solar-plus-s

By Nora Eckert
SOLON, Ohio, July 21 (Reuters) - A nondescript facility south of Cleveland has become an early staging ground for the auto industry's next supply-chain pivot: replacing vehicle hardware from China.
The plant belongs to Eagle Wireless, a maker of electronics that was formed in late 2025, largely in response to a federal rule that bans certain Chinese connected-car software and hardware in U.S. vehicles by the end of the decade.
"There's a massive ‌opportunity for us," said TJ Dembinski, president of Eagle Wireless. He said Eagle grew out of a need to counter China's dominance in modules, which he knew would be challenging for U.S. automakers as the regulations took effect.
It's been ‌a mad dash to scale up production of modules, the small circuit boards that enable vehicles to have a wireless connection to the outside world. Eagle started with about 140 employees and is aiming to grow to 1,000 in the next three years. Its revenue expectations have increased by almost 100% for the year, to nearly $100 million.

#hardware

Hyperliquid (CRYPTO: $HYPE) has announced plans to add decentralized prediction markets to its platform as it diversifies into new revenue streams.
Hyperliquid is a decentralized Layer-1 blockchain with an integrated decentralized exchange designed for spot and perpetual futures trading. It's now getting into prediction markets.
Going forward, anyone will be able to offer a prediction market on Hyperliquid's platform, subject to approval from validators.
More From Cryptoprowl:
Major U.S. Banks Join U.K. Government's Tokenization Taskforce

#markets #going

Cathie Wood's exchange-traded funds (ETFs) ended June by selling $11.2 million worth of stock in synthetic DNA manufacturer Twist Bioscience (NASDAQ: TWST). On June 30, across its Ark Innovation ETF and Ark Genomic Revolution ETF, over 114,000 shares were sold. That was on the heels of more than 84,000 shares being sold previously in the month.
Hearing that so much stock is being sold can feel concerning, as shareholders may worry that Wood has found a problem with the company that they don't know about. But there could also be not-so-worrisome reasons why the Ark ETFs are selling Twist Bioscience.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Ark's ETFs are actively managed, with stakes in companies worth millions or hundreds of millions of dollars. While selling over $11 million worth of a stock sounds significant, it also needs to be taken in context of just how much Twist Ark owns.
As of July 15, the Ark Genomic Revolution ETF held more than $121 million worth of Twist, and it was that ETF's third-largest holding. In addition, the Ark Innovation ETF holds over $211 million worth of Twist.

(Corrects date in the first sentence to Wednesday not Tuesday.)
PARIS, July 15 (Reuters) - Countries applying a global minimum tax on multinational companies saw corporate tax ‌revenues rise without a corresponding loss of jobs or investment, the Organisation ‌for Economic Co-operation and Development said on Wednesday.
The global minimum tax was designed to curb a decades-long race to the bottom in corporate taxation by allowing countries to levy top-up taxes when profits are taxed below 15% elsewhere, reducing the benefits of booking profits in low-tax jurisdictions.
More than 60 countries and territories have implemented the rules, while many others are preparing to do ‌so.
The Paris-based OECD estimated that ⁠the tax increased government revenue by €79 billion to €109 billion ($90 billion to $124 billion) in its first year, equivalent to 2.4% to 3.4% of global ⁠corporate income tax receipts.

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It's only July, but Tuesday made a case for bears to go into hibernation.
Five of the largest US banks reported a combined $49 billion in second-quarter profits, led by a record $21 billion at JPMorgan Chase. Great things were expected from the Wall Street lenders, but more crucially, executives reported strength on Main Street and in the broader economy, which bodes especially well for the rest of the quarterly earnings season.
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