The US Treasury Department will announce the size of its long-dated bond buyback operation, initially set at a minimum of $4 billion but expected to be higher, possibly $5-6 billion or more. This move aims to keep Treasury yields in check amid soaring national debt and a growing deficit, with Treasury Secretary Scott Bessent signaling a strong stance against market challenges. The buyback focuses on 10- and 20-year notes and is part of broader efforts including support for the Japanese yen to stabilize markets. The announcement is scheduled for Wednesday, with the actual buyback operation to occur Thursday, and market reaction will depend on the buyback size and investor demand.
Palantir's stock rose about 28.8% from July to now, driven by a 93% year-over-year revenue increase to $1.94 billion in Q2 2026 and strong profitability. The company expanded its AI offerings through new partnerships with Nebius and PwC, alongside de...
Hybrid Power Solutions Inc. has established a larger manufacturing facility in Mississauga, Ontario, to increase production capacity for its fuel-free and hybrid portable power products. The new facility will feature dedicated production lines for th...
Nvidia's top insider, Director Mark Stevens, sold nearly $650 million worth of shares in two transactions, including the largest insider sale of the decade for Nvidia. This insider selling is part of a broader trend among big tech companies like Micr...
Graphene Manufacturing Group (GMG) announced that its G®CELLS graphene batteries have demonstrated exceptional durability, showing no performance loss after 489 cycles of fast charging and discharging within six minutes each. This performance signifi...
Oracle's connection to OpenAI, with about 47% of its remaining performance obligation linked to the AI firm, has shifted investor sentiment positively. Despite concerns over a $70 billion capital expenditure plan for fiscal 2027 and local resistance ...
