US equities declined last week due to renewed US-Iran conflict escalating oil prices above $100 per barrel, raising inflation concerns and causing a sharp rise in Treasury yields. August inflation data showed steady headline CPI at 3.4% and easing core CPI, but energy-driven producer prices increased. The market now expects an 87% chance of a Fed rate hike in September, with the 2-year Treasury yield up 26 basis points and the 10-year nearing 5%. Rate-sensitive sectors like mortgage REITs and homebuilders were hit hardest, while apartment REIT M&A remained active with Independence Realty acquiring Centerspace in an $8.1 billion merger.
Alphabet is investing heavily in nuclear power contracts to power its AI data centers, suspending share buybacks, and doubling its debt load to support massive capital expenditures. This move reflects confidence in sustained AI demand, backed by stro...
Acurx Pharmaceuticals presented a study showing ibezapolstat (IBZ) outperforms vancomycin and fidaxomicin in killing Clostridioides difficile and vancomycin-resistant Enterococcus (VRE) in lab tests. IBZ maintained strong bactericidal activity even i...
NVIDIA and Palantir both reported strong quarterly results, highlighting unstoppable AI growth. NVIDIA focuses on the physical infrastructure powering AI models, with revenue up 106% and a strong data center segment. Palantir excels in software that ...
The upcoming US Senate vote on the CLARITY Act, which aims to clarify regulatory authority over cryptocurrencies, threatens a $9.46 million short squeeze in XRP if the price rises just 5% to $1.4644. Currently trading around $1.40, XRP is near a tech...
Intel reported its strongest revenue growth in over 15 years with Q2 2026 revenue hitting $16.128 billion, driven by a 59% surge in Data Center and AI revenue. Shares have tripled in the past year, rising 318%, but momentum is slowing due to ongoing ...
