Gold is the ******* et people buy when they have stopped believing in promises. Then most of them hand it to a bank in another country for safekeeping, which is itself a promise.
That arrangement is older than most of the world's central banks. The Bank of England has provided gold custody services to developing nations for decades, according to Reuters, and it usually works for the simple reason that ******* ody involved has any incentive to argue about it.
Custody is boring. It stays boring right up until two governments claim the same account.
Then the metal in the vault ceases to be a reserve ******* et and becomes a legal exhibit. It does not move, and it does not get sold.
It sits in a basement in London, earning nothing and settling nothing, while lawyers on two continents argue over whose signature counts on the paperwork.

#reuters

Array Technologies (ARRY) shares moved meaningfully lower on Sept. 18 after a senior UBS **** yst, Jon Windham, downgraded the solar tracking manufacturer to "Neutral." Windham also slashed his price target in half to $5, cautioning investors against expecting a swift recovery in ARRY in the near term.
His bearish call is meaningful, given that Array Technologies stock has already been a disappointment for investors in 2026, currently down more than 65% versus its year-to-date high.
Elon Musk, Who Became the World's First Trillionaire, Still Sleeps in a Tiny $50,000 House Where His Mom Uses the Garage — 'It's Kinda Awesome Though'
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#arry #Stock #musk

Broadcom (AVGO) trades at just 19x forward earnings despite AI semiconductor revenue surging 221% YoY, supporting a $424 price target with 22% upside.
AVGO's 19x forward multiple looks cheap against NVIDIA (NVDA) at 24x and Marvell (MRVL) at 56x, despite faster AI revenue acceleration than both peers.
Hock Tan targets $230 billion in fiscal 2028 AI revenue across a $350 billion XPU pipeline with Google, OpenAI, and Meta as anchor customers.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Broadcom (NASDAQ:AVGO) has become the second most valuable custom AI chip franchise on the planet, yet the stock is down over the past month and trading well below its 52-week high. Our proprietary model says that disconnect is an opportunity.

#despite #nvda

On August 4, Willis Lease Finance Corporation (NASDAQ:WLFC) reported second-quarter results that pulled in two directions at once. The lessor of commercial aircraft engines grew its operating business at a healthy clip, yet net income fell by more than half, a split that makes this quarter harder to read than the headline suggests.
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.

#lease #capital #months

Google has found an interesting way to combat the sky-high
energy costs
involved in data centers—build them in an extremely cold country.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The U.S. trade war with Canada could create an opening for American-made why protein, whisky, beer, and motorcycles.

#jones #american #combat

The conflict between Iran and the United States has significantly affected global energy markets, disrupting petroleum shipments and raising fuel prices. After almost six months, the fighting has stopped most shipping via the Strait of Hormuz, a vital waterway that used to handle a fifth of the world's oil and natural gas.
This disruption has left consumers facing higher fuel costs and shortages, while creating a favorable environment for major oil producers. Chevron (CVX) , based in Houston, Texas, nearly quadrupled its profits in Q2 FY2026 as stronger energy prices supported its results.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why **** ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock

#Iran #hormuz

Payward, the parent company of U.S. cryptocurrency exchange Kraken, has again delayed its initial public offering (IPO).
The Wyoming-based company said it will not go public until the second quarter of 2027, at the earliest. It is the second time that Payward has put off its highly anticipated IPO.
The Kraken parent company announced in March of this year that it was delaying its IPO, citing difficult market conditions and declining cryptocurrency prices.
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MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster

#payward #kraken #parent #second

Sept 02, 2026, 12:19 pm EDT
IonQ
IONQ
+3.67%
is just days away from hosting its annual investor event, and at least one **** yst expects its recent shopping spree to take center stage.
IONQ
+3.67%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

#ionq

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.
Organic revenue growth of 13.7% was driven by strong underlying market demand and execution across the 'Big 3' businesses: CRM, CST, and Surgical.
Cardiac Ablation Solutions (CAS) delivered 88% growth, fueled by Sphere-9 share gains and the Affera mapping platform reaching a $2 billion trailing 12-month revenue milestone.
The AiBLE ecosystem in Cranial & Spinal Technologies is driving growth by connecting AI-driven planning, robotics, and navigation, which traditionally operated in silos.
Management attributes the broad-based performance to the compounding impact of multi-year strategic, operational, and cultural changes aimed at commercial consistency.

#Growth #driven #solutions

Cathie Wood, chief of Ark Investment Management, often trims her biggest winners after sharp rallies.
This week, she's selling Tempus AI (TEM), taking some shares off the table after the healthcare AI stock surged nearly 30% in days and became the second-largest holding in her fund.
Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. So far this year, Wood's flagship Ark Innovation ETF (ARKK) is up 10.16% as of Aug. 26, while the S&P 500 surged 12.13%, Yahoo Finance data show.
Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the Ark Innovation ETF tumbled more than 60%.
Those swings have weighed on Wood's long-term gains. As of Aug. 26, her Ark Innovation ETF has delivered a five-year annualized return of -6.21%, while the S&P 500 has an annualized return of 11.42% over the same period, according to data from Morningstar.

#year #period

Investors are bailing on Okta (OKLO) stock ahead of the company's fiscal Q2 results, scheduled for release after the market closes on August 26. Consensus is for the enterprise software firm to record $0.44 in earnings per share (EPS), which would represent 2.33% growth year-over-year.
Despite recent declines, OKTA shares remain up nearly 60% versus the start of this year.
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#computing

Aroundtown (ETR:AT1) reported stable first-half operating results for 2026, with rental growth offsetting the impact of ****** et sales, while higher financing costs reduced funds from operations. Management said the company remains on track to meet its full-year guidance and is continuing to recycle capital through disposals, property investments and share repurchases.
CEO Barak Bar-Hen said the macroeconomic and geopolitical backdrop remained mixed during the first half, but external volatility had not materially affected operations. He said the company's residential and hotel holdings, which together represent 53% of the portfolio, continued to benefit from favorable market conditions, while the office segment remained relatively stable despite subdued economic activity.
→ Rocket Lab's Sell-Off Is Fading—Is It Finally Safe to Buy?
Net rental income totaled €591 million in the first half, unchanged from the prior-year period. Like-for-like rental growth of 2.7% offset the reduction in rental income from net disposals. Adjusted EBITDA was also broadly stable at €500 million, compared with €501 million a year earlier.
FFO I, a key recurring earnings measure for property companies, declined 4% to €144 million from €150 million, primarily due to higher financing expenses. FFO I per share was €0.13, compared with €0.14 in the first half of 2025, with the share buyback supporting the per-share outcome.

#higher

(Bloomberg) -- Xpeng Inc.'s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., bolstering the automaker's push into humanoid robots.
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#bloomberg #alibaba

Amidst the AI infrastructure boom and strong earnings by technology giants, there seems to be lingering fear of a potential bubble. Michael Hartnett, managing director and chief investment strategist at the Bank of America, is one of the strategists who believes that an AI bubble bust is impending. Harnett also opines that with the IPO of **** eX (SPCX) and the potential IPOs of OpenAI and Anthropic, market concentration of technology stocks in the S&P 500 ($SPX) is likely to increase to 48%. This, in his view, is another worrying sign.
On the other hand, technology sector leaders like Nvidia (NVDA) continue to create value. In the last 52 weeks, NVDA stock has trended higher by 24%. During this period, revenue growth has been robust, and cash flow acceleration has been meaningful.
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A $28.7 Billion Reason to Buy SK hynix Stock Now

#nvda #earnings #Potential #amidst

Viking Holdings Ltd (NYSE:VIK) reported second-quarter earnings above Wall Street expectations on Wednesday, supported by higher capacity, stronger passenger yields and continued demand for its destination-focused cruises.
Shares showed a relatively muted response to the results, edging 0.21% higher in pre-market trading.
Adjusted earnings per share reached $1.31, comfortably ahead of the consensus estimate of $0.95. Revenue increased 16.5% year-on-year to $2.19 billion for the quarter ended June 30, 2026, compared with $1.88 billion in the same period last year.
Viking generated adjusted EBITDA of $748.4 million during the quarter, representing an 18.2% increase from the previous year.
Growth was supported by additional capacity and higher revenue per passenger cruise day. Net Yield increased 6.2% to $645 from $607 in the second quarter of 2025.

#year #adjusted #supported

A 7% blended yield from holdings like O (5.2%) and VZ (5.9%) turns an $880,000 rollover into the targeted $5,200 monthly paycheck.
Conservative dividend stocks fall far short of the mark, as generating $62,400 annually at a 3.5% blended yield requires over $1.78 million, more than double the available portfolio.
Aggressive 8 to 14 percent yield strategies risk principal erosion, and distributions are commonly cut in recessions, leaving investors spending down ******* ets rather than living off their growth.
Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.
A 64-year-old rolling $880,000 from a 401(k) into a self-directed IRA and targeting $5,200 a month in income is asking a specific question: can dividends and distributions replace $62,400 a year without handing the balance to an insurance company? The math says yes, but only if the portfolio hits roughly a 3.5% blended yield. That number sits above what conservative dividend stocks pay and below what the highest-risk income funds promise. The tiers below show what each level costs, and what it costs you.

#yield #conservative #requires #year

Hyperscale Data has sold most of its Bitcoin holdings to help finance the expansion of its Michigan data center.
In an announcement on Friday, the Las Vegas-based company, which trades on the NYSE American under the ticker GPUS, said it sold approximately 685 Bitcoin for about $43 million.
Hyperscale said it plans to use the proceeds primarily to continue developing and expanding the Michigan facility. The sale also gives the company more flexibility to manage its debt, equity, and broader capital structure. According to the company, it has reduced its debt by approximately $30 million.
According to Hyperscale, the sale "is about capital allocation."
"We have built a substantial Bitcoin position, and today we have the ability to convert a portion of that highly liquid **** et into capital that can accelerate the development of one of the most important **** ets in our portfolio," Executive Chairman Milton Ault said in a statement. "We believe that is the appropriate decision for Hyperscale Data and its stockholders at this point in the Company's evolution."

#Bitcoin

Sands Capital, an investment management company, released its "Sands Capital Technology Innovators Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for AI infrastructure. Information technology led the advance, with semiconductor and hardware companies accounting for most of the index's rise. The fund returned 26.9% (net) in the second quarter of 2026. The portfolio benefited from strong gains across memory, software infrastructure, cybersecurity, and other AI-related holdings, although its concentrated exposure to mega-cap chip designers and manufacturers weighed on relative performance as leadership broadened into CPUs, networking, and memory. Vertical software, internet, and financial holdings were modest detractors amid macro concerns and uncertainty over AI disruption. The fund remains focused on critical AI bottlenecks, including compute, memory, manufacturing, networking, and power, while retaining selected businesses that may use AI to strengthen their competitive positions. You can check the fund's top five holdings to learn more about its leading investment ideas for the year.
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Klaviyo, Inc. (NYSE:KVYO). Klaviyo, Inc. (NYSE:KVYO), a cloud-based software-as-a-service marketing platform, detracted from the Fund's performance during the quarter. On August 7, 2026, Klaviyo, Inc. (NYSE:KVYO) closed at $16.62 per share. The one-month return of Klaviyo, Inc. (NYSE:KVYO) was -4.81%, and its shares lost 44.73% over the past 52 weeks. Klaviyo, Inc. (NYSE:KVYO) has a market capitalization of $4.73 billion.
Sands Capital Technology Innovators Fund stated the following regarding Klaviyo, Inc. (NYSE:KVYO) in its Q2 2026 investor letter:
"Klaviyo, Inc. (NYSE:KVYO) is an innovative provider of business-to-consumer (B2C) marketing technology. While the company delivered a headline beat and raise, expectations had moved higher into the print after a sharp rebound from April lows, and investors focused on a smaller revenue beat and a slightly lower second-quarter margin guide. The reaction also reflected broader pressure on software stocks, where investor sentiment remains fragile and near-term execution concerns have weighed on valuation multiples. In our view, the selloff was disproportionate to the underlying business performance. Klaviyo continues to deliver strong revenue growth, has limited exposure to seat-based revenue disruption, and should continue to expand margins over time. We maintain conviction, supported by Klaviyo's opportunity to extend share gains, expand internationally and outside of ecommerce, and cross-sell its text-messaging and customer service platforms."

#klaviyo #quarter #innovators #investor

Bechtel has taken over management of the site designated for Poland's first nuclear power plant, as the project shifts from design and planning to large-scale site preparation and construction.
The transition from Polskie Elektrownie Jądrowe (PEJ) to the US-based engineering company coincides with the start of earthworks at the Choczewo site, marking a key development in Poland's long-term energy strategy.
Bechtel will now oversee construction operations, coordinate contractors, supervise activity on site and ensure safety standards throughout the project.
According to the company, more than 400 people are currently involved in the initial site works, with about one-third of the workforce recruited locally in Poland. This number is expected to increase as preparations progress.
Bechtel project director Ed Gore said: "As we ****** ume responsibility for the site and begin the first permanent plant work, with the initial earthworks contract, we are focused on safely advancing the project, working closely with our Polish partners, and creating the platform for the next phase of work that will ultimately deliver a new source of reliable, carbon-free energy for Poland."

#bechtel #plant #energy

Unleash the AI agents, says Circle (CRCL) co-founder and CEO Jeremy Allaire.
"We think that there will eventually be billions of agents providing work and labor, and they'll be able to be orchestrated and integrated within a firm and across firm boundaries," Allaire said on Yahoo Finance's Opening Bid (see video above). "And this is an incredible time for entrepreneurs, for startups, for builders who are going to be able to tap into these agent labor markets to get things done and accelerate their own development and growth."
Allaire is aggressively using AI agents alongside human workers to help scale up its stablecoin business.
"AI and humans can interact directly through messaging environments like Slack, but also can interact between each other and communicate between each other directly," Allaire explained. "And so the thing that we're doing at Circle is we're asking all of our employees to be part of crafting this and building this. And this is, I think, incredibly exciting because we want our employees to have the superpowers of fleets of agents that they can use themselves to amplify their own capabilities. So this is an opportunity to multiply the capabilities of a firm and of humans themselves."
Circle just dropped a second quarter that was good enough to send the stock higher — but not so clean that the bulls can declare total victory. Hence, the stock is down 2% in Wednesday's trading.

#allaire #agents #able #directly

Apple's (AAPL) acquisition of PlasmaSolve, a Czech materials science company, was disclosed by the European Commission on Monday, revealing that the transaction was completed through a subsidiary in April.
AAPL purchased the entire issued share capital of PlasmaSolve and offered employment to selected employees, though neither party disclosed the purchase price or financial terms of the deal.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
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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'

#european

South Carolina's 10-point purchasing power edge over Florida and full Social Security tax exemption make a $44,000 coastal retirement budget viable on $850,000.
Florida's $5,110 tax advantage disappears under coastal insurance costs that run several thousand dollars above comparable South Carolina addresses.
Delaying Social Security just two years raises the eventual benefit 16% and cuts sequence-of-returns risk, funded by a treasury ladder at 4.67%.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Walk the sand before the coffee gets cold, no state income tax on your Social Security, a house you can actually afford, and no hurricane insurance meltdown to lie awake about. Florida used to be the default answer to that daydream. Increasingly, readers running the numbers end up looking one state north. Here is what the math looks like if you want to retire at 62 to the South Carolina coast with $850,000 in the account and skip Florida on purpose.

#Florida #carolina #here #Retirement

By Caroline Valetkevitch and Nell Mackenzie
NEW YORK/LONDON, Aug 3 (Reuters) - Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened after the U.S. and ***** an confirmed joint intervention to support the currency ‌and investors watched for signs of further intervention.
U.S. President Donald Trump over the weekend held off on a fresh attack on Iran.
Trump ‌said on Monday that talks with Iran were under way, warning that it was a "last chance" for Tehran to sign a good deal to end the five-month-old war, but Iran denied that any negotiations were being held or planned.
Front-month Brent futures fell $6.35, or 7.0%, to settle at $83.77 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $4.33, or 5.1%, to settle at $80.34.

#Monday #Trump

Microsoft Corporation (NASDAQ:MSFT) is seeking to position itself as the platform of choice for enterprise frontier AI adoption. It is part of the company's strategy of extending its cloud platform, Azure, beyond traditional infrastructure into the foundation for nmext-generation AI computing.
That was evident on July 21, as the software giant confirmed the expansion of its strategic partnership with Mistral. The collaboration is designed to give enterprises and regulated industries access to frontier AI models that they can deploy with greater control over security, governance, and compliance.
The expanded partnership reinforces Microsoft's ambition to become the trusted AI infrastructure provider for highly regulated industries, including financial services, healthcare, government, defense, energy, and manufacturing.
As part of this agreement, Microsoft will use Mistral's expanding European GPU infrastructure. Mistral, on the other hand, has added its AI models called Medium 3.5 and OCR 4 to Microsoft's app builder known as Foundry; while Microsoft Copilot Studio has brought on Medium 3.5 ⁠as well.
Photo by Microsoft 365 on Unsplash

#frontier

Deep Sail Capital Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund significantly outperformed both of its benchmarks, the Russell 2000 Mid Cap Growth Index and the Russell 2000 Index, returning 41.6% net of fees while averaging 88% net long exposure. YTD, the fund returned 16.5% net of fees. long portfolio significantly outperformed both benchmarks, while the short portfolio was mixed in the quarter. The letter states that there was a notable performance push in Q1, which was reflected in Q2, driven by both the Iran War and idiosyncratic impacts on positions in the fund. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted Credo Technology Group Holding Ltd (NASDAQ:CRDO) as a notable performance contributor. Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a semiconductor company that provides high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications. On July 21, 2026, Credo Technology Group Holding Ltd (NASDAQ:CRDO) closed at $223.87 per share. One-month return of Credo Technology Group Holding Ltd (NASDAQ:CRDO) was -16.77%, and its shares gained 127.49% over the past 52 weeks. Credo Technology Group Holding Ltd (NASDAQ:CRDO) has a market capitalization of $41.75 billion.
Deep Sail Capital Partners stated the following regarding Credo Technology Group Holding Ltd (NASDAQ:CRDO) in its Q2 2026 investor update:
"There were a few large detractors at the end of the Q1 that have reversed in Q2 including our two biggest contributors in Q2 Credo Technology Group Holding Ltd (NASDAQ:CRDO) and Amplitech. Credo Technologies was down over 50% from its ATH by the end of March on the narrative that "Copper is dead" in data centers. That narrative has since changed in Q2 with the market beginning to realize that Credo's ZeroFlap optics platform is a real second leg for the company and the acquisition of Dust Photonics, an integrated circuit optics company, makes Credo a viable optics player. The company returned 191% in Q2. I continue to view the company favorably on a growth and valuation basis and it is one of the fund's largest holdings."
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 59 hedge fund portfolios held Credo Technology Group Holding Ltd (NASDAQ:CRDO) at the end of the first quarter, compared to 69 in the previous quarter. While we acknowledge the potential of Credo Technology Group Holding Ltd (NASDAQ:CRDO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free repor

After IBM's (IBM) recent earth-shattering stock crash, some on the Street are speculating that Big Blue should orchestrate a Big Breakup.
Quick insight: "There is renewed speculation about breaking-up the company," Stifel **** yst David Grossman said in a note on Monday.
Grossman conducted a sum-of-the-parts (SOTP) **** ysis of IBM and arrived at an enterprise value of $257 billion. The largest chunk of the valuation was hybrid cloud business Red Hat at $62.9 billion.
IBM's current market cap is about $205 billion.
Grossman conceded the difficulty in valuing a business like IBM.

#Monday

Dyne Therapeutics Inc. (NASDAQ:DYN) is one of the 10 affordable biotech stocks to buy right now.
On June 26, TD Cowen initiated its coverage of Dyne Therapeutics Inc. (NASDAQ:DYN), ******* igning a Buy rating to the stock. The firm stated that the company's Force platform has the potential to improve drug delivery in neuromuscular and CNS diseases by overcoming the related limitations.
Pressmaster/Shutterstock.com
Further, TD Cowen stressed the fact that the company's late-stage candidates offer the potential to become top-notch therapies. These include z-basivarsen, which targets myotonic dystrophy type 1, and z-rostudirsen, which is used for exon 51 ******* nne muscular dystrophy mutations.
On June 17, Dyne Therapeutics Inc. (NASDAQ:DYN) finalized amendments to its non-dilutive senior secured term loan arrangement with Hercules Capital. As part of the revised arrangement, $50 million had already been funded at the closing of this amendment. In addition to that, Dyne has the option to draw $50 million in term loan tranche, depending on some milestones that need to be achieved.

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July 14 (Reuters) - Israeli chipmaker Tower Semiconductor said on Tuesday it will invest $3 billion to ‌bolster chip manufacturing in ****** an, including $1 billion in ‌grants from the ****** anese government.
U.S.-listed shares of the company rose more than 18% in premarket trading after the announcement, which is expected to support growing AI and data center demand.
The move aims to help the company's production ‌of silicon photonics - ⁠which uses light to move data faster between AI chips - and silicon-germanium technology, which ⁠enables faster and more energy-efficient semiconductor devices.
The expansion will occur in two phases, with the first phase involving converting Tower's Arai facility in ****** an, formerly Fab 6, for ‌300-millimeter silicon photonics production, with full operations expected by the fourth quarter of 2027.
Following this initial capacity expansion, Tower said it expects its 2028 revenue to reach $3.6 billion and net profit to hit $1.2 billion, ‌compared with its previous expectations of $2.8 billion in revenue and $750 million in net profit.

Memory chips have become costly, owing to the high demand and limited supply of high-bandwidth memory (HBM). As a result, AI infrastructure deployments have also become more costly — that is if companies can get their hands on memory in the first place. Back in October 2025, Nvidia (NVDA) CEO Jensen Huang traveled to South Korea to meet with executives and secure memory supply. When the world first woke up to memory as a bottleneck, Nvidia already had a head start.
Still, while Huang did something similar in June of this year, he hasn't been able to make the company immune to the memory supply shock. AI server racks are becoming hard to build with limited memory, and the problem is now finally knocking on Nvidia's door.
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