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A hawkish Jackson Hole speech is doing what higher discount rates always do: pressing on duration-heavy equities while lifting the cost of wishful thinking. The real question is whether this is a one-day tremor or the start of a more stubborn repricing.
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U.S. equity markets were mixed this past week, with modest gains in the major benchmarks offset by weakness across several defensive and cyclical sectors. A relatively small Florida missile manufacturer, Powerus (PUSA), made headlines this week when it announced they had secured a dedicated contract to manufacture “Guardian” counter-UAS drone interceptors.
An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential investments in the country, sources familiar with the situation told Reuters.
Fast-fashion giant Shein slid in its long-awaited trading debut, as regulatory headwinds and slowing sales challenge a company once valued at about US$66 billion.
Online fashion retailer Shein's shares tumbled in early Hong Kong trading on Tuesday as the company made its long-awaited debut, capping a years-long effort to go public.
A tanker was struck by three unknown projectiles while transiting eastbound through the Strait of Hormuz on Monday. Iran's Islamic Revolutionary Guard reported on Monday the interception of a U.S. MQ-9 drone over the eastern Strait of Hormuz.
Indian PM Narendra Modi urged Russia to end the Ukraine war and for a cessation of hostilities. India's reliance on Russian crude has risen sharply as the Iran war has caused a global energy shortage.
Semiconductors, which account for more than a third of South Korea's exports by value this year, continued to drive the gains.
Shein made its Hong Kong market debut Tuesday. The fast-fashion giant plans to use 80% of its IPO proceeds on technology and global expansion.
Lawmakers balk at Newsom's proposal to limit utilities' wildfire liabilities, sending shares down sharply.
Japanese stocks were lower as concerns about the Iran conflict and higher energy costs resurface.
Chinese online fashion giant Shein's Hong Kong stock exchange debut on Tuesday caps a years-long effort to tap capital markets.
Brent crude trades above $90 after a Hormuz tanker strike revives war premium, with $95 the next major hurdle if shipping risk keeps building.
End of August. The S&P 500 and Nasdaq Composite each clocked their best August since 2021, despite Monday's end-of-month slide.
'Mad Money' host Jim Cramer shares his take on Viking after a decline in the stock.
CNBC's Jim Cramer said August was a comeback month for stocks that had been battered by bearish narratives. Enterprise software staged a particularly strong recovery as Palantir, Veeva, Salesforce, and ServiceNow rallied after fears that AI would disrupt their businesses proved overblown.
Ares Management , a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its fifth Japan logistics development fund, marking the unit's largest closed-end institutional fundraise to date.
Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre start to trade.
Former bitcoin miners like IREN, TeraWulf, CleanSpark, MARA, and Riot are pivoting to AI compute and power infrastructure, leveraging massive contracted backlogs relative to current revenues. Wall Street forecasts for data center electricity demand are far more aggressive than the IEA's, with recent upward revisions highlighting uncertainty and potential overestimation of near-term growth. None of these companies is generating positive free cash flow; buildouts are financed via GPU-backed debt, customer prepayments, and equity, not operating cash.
The company's initial public offering in Hong Kong this week allowed it to avoid paying out billions to early investors.
Treasury Secretary Scott Bessent called on global leaders to spur growth by cutting red tape, offering the Trump administration's deregulatory push as a blueprint.
New York, New York--(Newsfile Corp. - August 31, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) between February 28, 2024 and February 25, 2026, inclusive (the "Class Period"), of the important September 22, 2026 lead plaintiff deadline. SO WHAT: If you purchased PROCEPT common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
NEW YORK, Aug. 31, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Capricor Therapeutics, Inc. (NASDAQ: CAPR) between December 17, 2025 and July 26, 2026, inclusive (the "Class Period"), of the important September 28, 2026 lead plaintiff deadline. So what: If you purchased Capricor securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
New York, New York--(Newsfile Corp. - August 31, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who bought Avis common stock to cover a short position, between February 20, 2025 and April 21, 2026, inclusive (the "Class Period"), of the important September 29, 2026 lead plaintiff deadline. SO WHAT: If you purchased Avis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
CEO Sundar Pichai told investors last month that Alphabet remains supply constrained on AI computing capacity. Anthropic has agreements covering more than a gigawatt of Google TPU capacity in 2026, plus about 5 gigawatts coming online starting in 2027.
NEW YORK, Aug. 31, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of GPGI, Inc. f/k/a CompoSecure, Inc. (NYSE: GPGI, CMPO) between November 3, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important September 14, 2026 lead plaintiff deadline. So what: If you purchased GPGI Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Alex Kantrowitz, Big Technology founder, joins 'Closing Bell' to discuss the recent leadership changes at Apple, the company's AI ambitions and much more.
SAN DIEGO, Aug. 31, 2026 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, inclusive (the "Class Period"), have until September 22, 2026 to seek appointment as lead plaintiff of the Procept class action lawsuit. Captioned Operating Engineers Construction Industry and Miscellaneous Pension Fund v.
New York, New York--(Newsfile Corp. - August 31, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of The Simply Good Foods Company (NASDAQ: SMPL) between October 24, 2024 and April 8, 2026, inclusive (the "Class Period"), of the important October 13, 2026 lead plaintiff deadline. SO WHAT: If you purchased Simply Good Foods common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
In its lawsuit against OpenAI, Apple filed what it calls “shocking evidence” to bolster its allegations that former employees stole trade secrets for OpenAI's benefit. These new details emerged after the legal counsel for former Apple employee Chang Liu — who now works at OpenAI — handed over Liu's old Apple work laptop for investigation earlier this month.
New York, New York--(Newsfile Corp. - August 31, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Hyliion Holdings Corp. (NYSE American: HYLN) between May 12, 2026 and June 23, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.