Market News - Mboum.com

Aug 17, 2026, 9:03 AM EDT - 6 minutes ago

Alphabet Eyes $3.6 Billion in First Australian Bond Sale

Alphabet is looking to raise about $3.6 billion in what would be its debut bond offering in Australia, according to people familiar with the matter. Initial price guidance on the deal may be provided ...

GOOG GOOGL

Aug 17, 2026, 8:59 AM EDT - 10 minutes ago

Spot gold trades below $4,380/oz after New York manufacturing index surprises with rise to 20.6

Gold prices were coming off their earlier session highs after manufacturing activity in the New York region rose further into expansionary territory this month, according to the latest data published ...

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:53 AM EDT - 16 minutes ago

Apple stock upgraded to Buy with $400 PT as foldable iPhone fuels bullish outlook

Apple has received a bullish upgrade from Rothschild & Co Redburn, with analysts pointing to the company's planned entry into the foldable smartphone market and a potential shift in its artificial int...

AAPL BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:52 AM EDT - 17 minutes ago

Humanoids Market Worth $200BN By 2035: Barclays' Todorova

The market for AI-powered robots and autonomous machines has the potential to balloon into a trillion-dollar opportunity by 2035 in the 'decade of the robot', according to Barclays analyst Zornitsa To...

BCS BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:48 AM EDT - 21 minutes ago

OpenAI's Brockman brushes off concerns about leadership changes in CNBC exclusive

BCS BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:48 AM EDT - 21 minutes ago

OpenAI Locks In Lease for Huge Data Center in Ohio With Backing From Nvidia

The agreement with SoftBank's SB Energy caps weeks of negotiations over the largest data-center project announced to date.

BCS BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:46 AM EDT - 23 minutes ago

Nvidia Rows Back on $250 Billion OpenAI Pledge and the Stock Rises

Nvidia stock was reacting to its latest financial support for OpenAI's huge data-center plans.

NVDA BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:43 AM EDT - 26 minutes ago

Fulcrum to merge with Slate in all-stock deal after drug setback

Fulcrum Therapeutics said on Monday it would merge with privately held Slate Medicines in an all-stock deal, as the biotech looks to rebuild its pipeline after it ‌discontinued development of its lea...

FULC BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:43 AM EDT - 26 minutes ago

Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal

Nvidia said on Monday ‌it would invest $1.5 billion in ⁠SB Energy, a SoftBank Group subsidiary that is developing ‌a ⁠massive data center in Ohio ⁠for OpenAI.

NVDA BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:42 AM EDT - 27 minutes ago

Gold News: Can a Softer Dollar Keep Gold Prices Underpinned Before Fed Minutes?

Gold prices hold firm as a softer dollar and lower Treasury yields offset oil-driven inflation risk before Fed minutes.

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 8:41 AM EDT - 28 minutes ago

Illusion of abundance is likely well behind us, says oil expert

Jeff Currie, Chief Strategy Officer at Altis Partners and co-founder and director of 1947 Oil & Gas, joins Squawk Box Europe to discuss the outlook for oil, the dislocation between crude prices and un...

BNO DBO GUSH IEO OIH PXJ UCO

Aug 17, 2026, 8:40 AM EDT - 29 minutes ago

Russian company asks Putin to place Nestle assets under temporary administration, Kommersant reports

A little-known Russian company has asked President Vladimir Putin to place the Russian assets of Swiss food group Nestle under temporary administration, the Kommersant newspaper reported on Monday, c...

BNO DBO GUSH IEO OIH PXJ UCO

Aug 17, 2026, 8:35 AM EDT - 34 minutes ago

Boeing Stock Wobbles After U.S. Army Grounds Apache Helicopters

Boeing makes the Apache attack helicopter for militaries around the world.

BA DBO GUSH IEO OIH PXJ UCO

Aug 17, 2026, 8:30 AM EDT - 39 minutes ago

NVDA & AAPL Move Tech While WMT, TGT & Other Earnings Will Show Consumer Strength

This week will be all about the U.S. consumer when it comes to earnings, says Tom White, with companies like Walmart (WMT) and Target (TGT) set to report. He explains how he sees the state of the cons...

AAPL NVDA WMT IEO OIH PXJ UCO

Aug 17, 2026, 8:30 AM EDT - 39 minutes ago

How Delta Air Lines Got A Second Chance In Texas

It seems that Delta Air Lines has been given a second chance in Texas.

DAL NVDA WMT IEO OIH PXJ UCO

Aug 17, 2026, 8:27 AM EDT - 42 minutes ago

US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output

The U.S. Navy said ‌on Monday that it had awarded RTX Unit Raytheon a $22.9 billion contract to boost the output of Tomahawk missiles.

RTX NVDA WMT IEO OIH PXJ UCO

Aug 17, 2026, 8:20 AM EDT - 49 minutes ago

Albertsons Says Its Shoppers Are Buying More—Thanks to AI

The grocer said average order value is higher for online shoppers when they use AI-powered online shopping assistants, helping the company nab a small win in the tricky world of AI economics.

ACI NVDA WMT IEO OIH PXJ UCO

Aug 17, 2026, 8:18 AM EDT - 51 minutes ago

AVAV stock double bottoms as AeroVironment earnings loom

AeroVironment stock has rebounded to a crucial resistance level as traders waited for the upcoming earnings, which will shed more color on its growth amid the rising competition in the drone industry....

AVAV NVDA WMT IEO OIH PXJ UCO

Aug 17, 2026, 8:15 AM EDT - 54 minutes ago

Oracle, Software Stocks Fall as AI Trade Seesaws

It isn't surprising that software stocks are falling, given that investors are loading up on some of their go-to AI picks.

ORCL INTC MU IEO OIH PXJ UCO

Aug 17, 2026, 8:11 AM EDT - 58 minutes ago

The Bottlenecks of the Nuclear Fuel & Supply Chain

While there is no shortage of demand from the nuclear renaissance, the rate of deploying new reactors will be determined by the capacity of the supply chain. Expanding capacity for supply chain bottle...

CW FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:11 AM EDT - 58 minutes ago

AI Infrastructure Trade Still Alive. Seize It with SOXL

There's no denying that artificial intelligence (AI) infrastructure equities endured a rough stretch in July and “rough” might even be an understatement. However, traders shouldn't write off the secto...

SOXL FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:11 AM EDT - 58 minutes ago

The Hidden Strength of Active Sector ETFs Spiking Right Now

Sector ETFs have long been a part of the overall ETF ecosystem. The ETF's transparency, flexibility, and tax efficiency have made it a vehicle for all sorts of sector strategies.

TMED FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:11 AM EDT - 58 minutes ago

Workday Stock Is Downgraded After Buyout Report as Growth Expectations Are 'Too Optimistic'

Wall Street is hitting the pause button on Workday after shares rose sharply higher on report of a posisble private-equity takeover.

WDAY FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:10 AM EDT - 59 minutes ago

Health Insurer Centene's Chief Financial Officer To Step Down

Health insurer Centene, one of the nation's largest providers of Obamacare, said chief financial officer Drew Asher plans to step down from his role as chief financial officer in December of this year...

CNC FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:06 AM EDT - 1 hour ago

Chevron finds oil, gas condensate offshore Angola

Chevron said ‌on Monday it has ⁠discovered oil and gas condensate at an exploration ‌well ⁠in Block 0, offshore ⁠Angola.

CVX FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:04 AM EDT - 1 hour ago

L3Harris Parts Ways With Chairman, CEO Kubasik Over Conduct

L3Harris Technologies has parted ways with Christopher Kubasik, its chairman and chief executive, after determining that the executive had violated the defense contractor's code of conduct.

LHX FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:02 AM EDT - 1 hour ago

Serve Robotics partners with Grubhub in robot delivery expansion push

Serve Robotics said on Monday it is partnering with Grubhub to fulfill orders on the food delivery platform using its sidewalk delivery robots, tapping a new marketplace days after its years-long tie...

SERV FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:01 AM EDT - 1 hour ago

WhiteWater-led venture approves Permian-to-Texas gas pipeline project

Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream Partners said on Monday they had reached a ‌final investment decision (...

FID FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 8:00 AM EDT - 1 hour ago

Meta faces ‘astronomical' consequences as legal fight reaches critical moment in California

Less than two weeks after a loss in New Mexico, Meta faces a much bigger legal test in a case being co-led by California's attorney general. Opening arguments in AG Rob Bonta's case against Meta begin...

META FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:53 AM EDT - 1 hour ago

Micron Stock Rises After Key Move by Trump Administration

Micron stock was looking to break back above $1,000 as it got good news about Chinese competition.

MU FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:44 AM EDT - 1 hour ago

Italy's Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter

Italy's biggest bank Intesa Sanpaolo held a stake worth about $966 ‌million in Elon Musk's SpaceX as of June 30, an SEC filing showed.

SPCX FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:42 AM EDT - 1 hour ago

L3Harris names insider Sam Mehta CEO as Christopher Kubasik steps down

L3Harris Technologies on ‌Monday named Sam Mehta as ⁠chief executive officer, effective immediately, succeeding Christopher Kubasik, who ‌has ⁠stepped down from the ⁠top role.

LHX FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:34 AM EDT - 1 hour ago

Madison Air to Buy Airflow-Technologies Company for $5.4 Billon

Madison Air, which provides air-quality solutions, said he acquisition will add to its portfolio of new products that will help customers improve uptime, efficiency and productivity.

MAIR FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:30 AM EDT - 1 hour ago

Nord Precious Metals to Present in the Emerging Growth Virtual Conference at 10:15 am ET August 19, 2026

Cobalt, Ontario – TheNewswire - August 17, 2026 – Nord Precious Metals Mining Inc. (TSXV: NTH, OTCQB: NPMMF, FSE: QN3) (“Nord” or the “Company”), is pleased to announce its participation in the Emergi...

MAIR FLR LEU NUKZ SMR UEC XE

Aug 17, 2026, 7:25 AM EDT - 1 hour ago

Integration in Natural-Gas Industry Drives Exit Activity

Companies looking to tap new sources of profit are buying businesses from energy-focused fund managers.

BOIL FCG IEO KOLD OIH UNG XOP

Aug 17, 2026, 7:24 AM EDT - 1 hour ago

Alibaba answers Meta's AI challenge with new laptop-ready model

Alibaba launched a new Qwen AI model designed to run on laptops and other consumer hardware. It also released the weights for its most powerful model, Qwen3.8 Max.

BABA META IEO KOLD OIH UNG XOP

Aug 17, 2026, 7:20 AM EDT - 1 hour ago

SpaceX Stock, Recovering From Post-IPO Slump, Rises Ahead of Another Share Unlock

About 319 million more shares of SpaceX become available to trade later this week.

SPCX META IEO KOLD OIH UNG XOP

Aug 17, 2026, 7:16 AM EDT - 1 hour ago

EyePoint's eye drug misses main goal in late-stage trial

EyePoint said on Monday its ‌experimental eye drug failed to meet its main goal in a late-stage trial.

EYPT META IEO KOLD OIH UNG XOP

Aug 17, 2026, 7:11 AM EDT - 1 hour ago

Madison Air Solutions to buy Germany's ebm-papst in $5.4 billion deal

Madison Air Solutions said on Monday it would acquire German ventilation technology group ebm-papst in a ‌deal valued at $5.4 billion, expanding its air quality and ventilation solutions business.

MAIR META IEO KOLD OIH UNG XOP

Aug 17, 2026, 7:06 AM EDT - 2 hours ago

Small Caps, Big Opportunities: Consider Value Amid Rally

Small-cap equities are winning out against their large-cap counterparts in a classic David versus Goliath ETF battle. After years of mega-cap technology dominance, small-cap equities have delivered in...

AVSC AVUV BCSM DFSV DISV FCF IJS

Aug 17, 2026, 7:05 AM EDT - 2 hours ago

Vista Energy up 5% after billionaire Peter Thiel buys stake in the Argentine shale oil producer

Vista Energy rose in premarket trading after Peter Thiel's hedge fund disclosed a stake on Friday. The Argentine shale oil producer was Thiel Macro LLC's second-largest disclosed position in the secon...

VIST AVUV BCSM DFSV DISV FCF IJS

Aug 17, 2026, 7:03 AM EDT - 2 hours ago

How Google lost the 'war for the hearts and minds' of its employees: Q&A with Claire Stapleton

Claire Stapleton led the 2018 Google walkouts over the company's handling of sexual misconduct allegations. Her new book, "Don't be Evil," captures her time at Google and the "fake promises" of Google...

GOOG GOOGL BCSM DFSV DISV FCF IJS

Aug 17, 2026, 7:00 AM EDT - 2 hours ago

New Mexico's attorney general pushes new social media safety laws after $900m court victory over Meta

Exclusive: Raúl Torrez is drafting two bills with state lawmakers to bolster consumer protections and child safety online, building on state's landmark case against Meta

META GOOGL BCSM DFSV DISV FCF IJS

Aug 17, 2026, 7:00 AM EDT - 2 hours ago

Viva Gold Accelerates Permitting Program at Tonopah Gold Project in Nevada

Second BLM baseline review completed; Company to initiate the formal NEPA Mining Plan of Operations review in 2027; pre-feasibility study nears fourth quarter completion VANCOUVER, BC – August 17, 2...

META GOOGL BCSM DFSV DISV FCF IJS

Aug 17, 2026, 6:52 AM EDT - 2 hours ago

Sandisk Stock Is Getting Its Mojo Back Amid China Memory-Chip Move

The memory storage company's shares are on a five-day winning streak and on track to make that six.

SNDK GOOGL BCSM DFSV DISV FCF IJS

Aug 17, 2026, 6:48 AM EDT - 2 hours ago

The AI productivity payoff is coming. Here are 20 stocks primed to capture the gains as adoption spreads.

So far investors have been focused on artificial-intelligence infrastructure plays rather than productivity beneficiaries, says Goldman Sachs.

ABNB AJG AON AXON BA BRO CBRE

Aug 17, 2026, 6:43 AM EDT - 2 hours ago

Intel, Oracle, Marvell, Alibaba, and More Stocks That Explain Today's Market

Chips and memory stocks are catching a bid at the start of what could be a quiet week for the market.

BABA INTC MRVL ORCL BA BRO CBRE

Aug 17, 2026, 6:24 AM EDT - 2 hours ago

Centene names Chris Neczypor as new CFO

Health insurer Centene said ‌on Monday Chris Neczypor would succeed Drew Asher as chief financial officer in January next year.

CNC INTC MRVL ORCL BA BRO CBRE

Aug 17, 2026, 6:19 AM EDT - 2 hours ago

Apple to change app data consent rules, German regulator says

Apple will change rules governing how app developers can use personal data for targeted advertising on iPhones and iPads, Germany's competition ‌authority said on Monday, closing a years-long investi...

AAPL INTC MRVL ORCL BA BRO CBRE

Aug 17, 2026, 6:07 AM EDT - 3 hours ago

Micron stock nears $1,000; SK Hynix, SanDisk rise premarket: what's driving it?

Memory-chip and storage stocks were seen gaining during premarket trading on Monday while Micron flirted with the key $1000-level mark before the bell, as investors parsed through some fresh signals t...

MU SKHY SNDK ORCL BA BRO CBRE

Aug 17, 2026, 6:03 AM EDT - 3 hours ago

US railroad Union Pacific turned charges meant to cover fuel cost spike from Iran war into profit

U.S. railroad Union Pacific collected $91.1 million more in fuel surcharges than it paid for fuel during the second quarter, far outpacing rivals, according to a company filing with the Surface ‌Tran...

UNP SKHY SNDK ORCL BA BRO CBRE

Aug 17, 2026, 6:01 AM EDT - 3 hours ago

Deutsche Telekom to buy Poland's Fiberhost and Inea for €1 billion

Deutsche Telekom said on ‌Monday it had agreed to buy Polish network operator Fiberhost and retail broadband ⁠and TV provider Inea from Macquarie Asset Management for €1 billion ($1.16 billion).

UNP SKHY SNDK ORCL BA BRO CBRE

Aug 17, 2026, 5:30 AM EDT - 3 hours ago

The Secret Word Game Bank of America's CEO Plays With Wall Street

It's no happenstance that Brian Moynihan regularly jams “gainsay,” “concomitant” and “fantods” into otherwise ordinary sentences in analyst calls.

BAC SKHY SNDK ORCL BA BRO CBRE

Aug 17, 2026, 5:30 AM EDT - 3 hours ago

American Luxury Brands Have a Secret Weapon: $12 Tennis Socks

Coach and Ralph Lauren are still growing because they understand what middle-class shoppers can afford.

RL TPR SNDK ORCL BA BRO CBRE

Aug 17, 2026, 5:22 AM EDT - 3 hours ago

Investor dubbed ‘AI stock god' had 56% of his funds in these two stocks before it blew up

At the end of the first half of 2026, on the cusp of a major correction in the sector, more than three quarters of the Situational Awareness fund was betting on just five stocks, all of which were, in...

MU SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 5:18 AM EDT - 3 hours ago

Lowe's Earnings Preview: Can Pro Growth and Digital Momentum Offset Weak DIY Demand?

Lowe's earnings will test whether rapid online growth and rising Pro demand can offset cautious DIY spending in a weak housing market. Comparable sales, margins and guidance could reveal that the reta...

LOW SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 5:00 AM EDT - 4 hours ago

Home Depot Earnings Preview: Can Pro Demand Offset a Weak Housing Market?

Home Depot's earnings could reveal whether booming demand from professional contractors can offset a housing market constrained by high mortgage rates and weak turnover. Comparable sales, big-ticket p...

HD SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 4:45 AM EDT - 4 hours ago

Ferrari's bespoke Luce EV one-off fetches $40 million at charity auction

Ferrari has sold at auction a one-off, bespoke version of the Luce, its first fully electric vehicle, for $40 million, the Italian luxury sports car ‌maker said, adding that the money will be used fo...

RACE SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 4:41 AM EDT - 4 hours ago

Nvidia stock faces its next big test: UBS sees one number Wall Street may be missing

Nvidia heads into its August 26 earnings report with Wall Street already expecting another beat, but UBS believes the more important test may come one quarter later. The chipmaker reported record fisc...

NVDA SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 4:19 AM EDT - 4 hours ago

German drone maker Helsing enlists Rakuten to broker Japan military deal

German drone maker Helsing has enlisted Japanese e-commerce and finance firm Rakuten to help finalise a deal to sell its unmanned systems to Japan's army, a spokesperson ‌for Rakuten said on Monday.

NVDA SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 4:00 AM EDT - 5 hours ago

Visa Says Payment Choice Keeps High-Value Shoppers at Checkout

Watch more: Need to Know With Visa's Michele Herron The new American shopper can tell an artificial intelligence platform precisely what she wants, compare the answer (even while standing in the store...

V SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 3:48 AM EDT - 5 hours ago

Alibaba's Qwen surpasses rivals in downloads, 'tipping point' for investors rotating in China AI

William Ma, CIO of GROW Investment Group, said that Alibaba's LLM Qwen overtaking rival models in downloads marks a tipping point that is drawing investors into China's AI infrastructure theme. He not...

BABA SNDK SNDK ORCL BA BRO CBRE

Aug 17, 2026, 3:47 AM EDT - 5 hours ago

European futures poised to start week in the green

European futures are set to start in the green after snapping a four-week winning streak. Investors are anticipating UK employment and inflation data, flash PMIs and the latest FOMC meeting minutes la...

BBEU DBEF DBEU DFE EDEN EPOL EWD

Aug 17, 2026, 3:20 AM EDT - 5 hours ago

Gold (XAU/USD) & Silver Price Forecast: Fed Hike Bets Ease as Gold Eyes $4,448

Gold and silver remain supported as Fed hike expectations ease, while central bank buying and investment inflows reinforce precious metals demand.

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 17, 2026, 3:20 AM EDT - 5 hours ago

China's Economic Activity Weakened in July

Economic activity cooled as surging exports fueled by the AI boom failed to offset weakness in domestic demand.

FXI KWEB MCHI GLD GLDM IAU OUNZ

Aug 17, 2026, 3:03 AM EDT - 6 hours ago

Natural Gas and Oil Forecast: WTI Holds $81 as Hormuz Shipping Risks Intensify

Oil markets balance slowing Hormuz shipping against weaker global demand as WTI and Brent consolidate while natural gas breaks key support.

BNO DBO GUSH IEO OIH PXJ UCO

Aug 17, 2026, 2:56 AM EDT - 6 hours ago

Nvidia, Alphabet, Harvard disclose SpaceX stakes: here's what they're worth

SpaceX's volatile stock performance has drawn intense scrutiny from investors as the Elon Musk-led company seeks to justify a valuation approaching $1 trillion. But the market swings have also highlig...

GOOG GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:48 AM EDT - 6 hours ago

AstraZeneca Ends Phase Three Lung Cancer Drug Trial After Review

The decision was based on the recommendation of the Independent Data Monitoring Committee, which said volrustomig plus chemotherapy was unlikely to reach primary endpoints.

AZN GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:40 AM EDT - 6 hours ago

Ferrari Luce: Polarizing EV debut becomes a $40 million collector's item

A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly two months after the unveilin...

RACE GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:29 AM EDT - 6 hours ago

Peter Thiel makes Amazon his top stock: what he bought next is more revealing

Peter Thiel's macro fund has returned to US-listed equities with Amazon as its largest disclosed holding, but the rest of the portfolio points to a bigger wager on infrastructure powering artificial i...

AMZN GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:28 AM EDT - 6 hours ago

AstraZeneca to discontinue late-stage lung cancer trial for volrustomig

AstraZeneca on Monday said it is discontinuing a late stage trial ‌that tested volrustomig plus chemotherapy in patients with metastatic non-small cell lung cancer.

AZN GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:18 AM EDT - 6 hours ago

Alibaba to sell Lingxi Games in more than $2 billion deal, source says

Alibaba Group is expected to reap more ‌than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm Trustar Capital, a person familiar with the matter told Reuters.

BABA GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:04 AM EDT - 7 hours ago

Emerging markets march out of 'valley of tears' as investors diversify

War, tariffs and AI gyrations have done little to dent the flow of cash into emerging markets, as reforms, deeper local capital markets and diversification away from U.S. assets reshape the asset cla...

EEM GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 2:01 AM EDT - 7 hours ago

Focus: Nestle looks to develop new products to serve users of weight-loss drugs

Nestle is seeking to turn the rise of GLP-1 weight-loss drugs from a threat into a business opportunity, using artificial intelligence and nutritional science to develop products aimed at millions of...

EEM GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 1:27 AM EDT - 7 hours ago

Argenx says efgartigimod met main goal in myositis trial

Belgian-Dutch immunology company argenx ARGX.BR said its drug efgartigimod met the primary endpoint in a late-stage study treating adults ‌with autoimmune myositis, showing significant improvement in...

ARGX GOOGL NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 1:21 AM EDT - 7 hours ago

Travis Kalanick says he wouldn't do 'anything different' about the missed Uber-Lyft acquisition

The former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft. Uber-Lyft talks in 2014 collapsed over valuation disagreements and cultural mismatches.

LYFT UBER NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 1:18 AM EDT - 7 hours ago

Japanese automakers vulnerable to one-two punch of Iran war, yen rally

Any potential further intervention by the Japan government in propping up the yen may affect the earnings outlook for Japanese automakers. However, the impact of the Middle East war may be a more pres...

HMC TM NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 12:43 AM EDT - 8 hours ago

Alibaba to Sell Videogame Business for at Least $1.5 Billion

Alibaba Group is selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence.

BABA TM NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 12:38 AM EDT - 8 hours ago

Geely Auto Profit Slips, Cushioned by Overseas Sales

China's second-largest electric-vehicle maker recorded slightly lower net profit in the first half despite a surge in overseas sales, dragged by weaker demand in its home market.

BABA TM NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 12:28 AM EDT - 8 hours ago

Intel eyes a memory comeback: why the timing matters for Micron stock

Intel is reconsidering a business it spent decades leaving as artificial intelligence transforms memory from a commodity into a crucial computing bottleneck. CEO Lip-Bu Tan said on the TechSurge: Deep...

INTC MU NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 12:20 AM EDT - 8 hours ago

Hang Seng: Bullish flag emerges ahead of Shein IPO, Baidu and Alibaba earnings

The Hang Seng Index rose to 25,517 on Monday as investors waited for the highly anticipated Shein IPO and key earnings by some of the biggest constituent companies. It has soared by 13% from its lowes...

BABA BIDU NVDA SPCX OIH PXJ UCO

Aug 17, 2026, 12:00 AM EDT - 9 hours ago

Are Microsoft's AI plans being held back by a shortage of chips?

Guardian investigation finds apparent discrepancy between what tech company has said about its AI capacity – and the number of advanced chips it has in operation

MSFT BIDU NVDA SPCX OIH PXJ UCO

Aug 16, 2026, 11:47 PM EDT - 9 hours ago

Gold and Silver Price Forecast: Weak US Retail Sales Push Gold Toward $4,500

Weak U.S. retail sales and lower Fed rate hike expectations support gold and silver, while $4,500 and $72 remain the key breakout levels.

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 11:32 PM EDT - 9 hours ago

Sandoz to license three biosimilar drugs from Shanghai Henlius Biotech

Swiss generic drugmaker Sandoz will pay up to $77 million upfront to Shanghai Henlius Biotech for rights to ‌three biosimilar drugs to treat cholesterol, lupus and colorectal cancer, the Chinese drug...

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 11:28 PM EDT - 9 hours ago

Samsung, SK Hynix face fresh repricing after SanDisk's stunning 80% forecast

Samsung Electronics and SK Hynix are in focus on Monday after closing sharply higher on Friday, as a long-term margin forecast from US flash-memory maker SanDisk gave investors reason to reassess how ...

SKHY BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 10:41 PM EDT - 10 hours ago

Kospi Index rebound gains momentum: What's driving it and what happens next

The Kospi Index has rebounded in the past few weeks as investors have moved back to memory companies like Samsung Electronics and SK Hynix and as the US and Iran has war has paused. It jumped to 6,977...

EWY FLKR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 9:15 PM EDT - 11 hours ago

Oil Prices Mixed; May Be Buoyed Amid Deadlock in U.S.-Iran Talks

Oil prices were mixed in early trade, but may be buoyed amid a deadlock in U.S.-Iran talks to reopen the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is transported.

BNO DBO GUSH IEO OIH PXJ UCO

Aug 16, 2026, 8:58 PM EDT - 12 hours ago

Gold Rises Amid Risk-On Sentiment

Gold rose in early trade. Weaker-than-expected U.S. labor data and softer inflation prints eased concerns that the Federal Reserve will need to remain aggressively hawkish, ANZ said.

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 8:33 PM EDT - 12 hours ago

Japan's Economy Stays on Growth Path, But Headwinds Loom

The Japanese economy notched a third consecutive quarter of growth, but at a slower pace as household and corporate spending weakened.

DFJ DXJ EWJ EWJV EWV EZJ OUNZ

Aug 16, 2026, 8:31 PM EDT - 12 hours ago

Oil treads water as US-Iran peace talks stall, Hormuz shipping slows

Oil prices barely moved in early trade on Monday as tanker traffic through the Strait of Hormuz slowed over the weekend with no peace deal in sight between the United States and Iran to end the confl...

BNO DBO IEO OIH PXJ UCO USO

Aug 16, 2026, 8:00 PM EDT - 13 hours ago

How Burger King Revamped Its Whopper and Overtook Wendy's

The burger's overhaul, overseen by a corporate chef who had already worked magic at Popeyes, is helping propel a comeback.

QSR DBO IEO OIH PXJ UCO USO

Aug 16, 2026, 6:18 PM EDT - 14 hours ago

Oil News: Can WTI and Brent Extend Gains as Hormuz Attacks Widen Supply Risk?

WTI and Brent rallied as Hormuz tanker attacks, an indefinite Iran blockade threat and a Russian export outage rebuilt oil's supply premium.

BNO DBO GUSH IEO OIH PXJ UCO

Aug 16, 2026, 6:06 PM EDT - 15 hours ago

Alibaba Overtakes Google and Meta With 3 Billion AI Model Downloads

Open-weight models from China's Alibaba have reportedly become the world's top artificial intelligence offerings. The company's models have seen more than 3 billion downloads worldwide over the last s...

BABA DBO GUSH IEO OIH PXJ UCO

Aug 16, 2026, 5:44 PM EDT - 15 hours ago

Anthropic Touts 14-Fold Jump in Revenue for Would-Be Investors

Anthropic has reportedly shared a substantial jump in quarterly revenue with would-be investors. The artificial intelligence startup saw revenues for the second quarter increase more than 14-fold sinc...

BABA DBO GUSH IEO OIH PXJ UCO

Aug 16, 2026, 5:33 PM EDT - 15 hours ago

Gold (XAUUSD) Price Forecast: Gold Price Rises as September Hike Odds Tumble

Gold price rises as the dollar weakens and Fed hike odds fade, with XAU/USD targeting $4,449.83 before the 200-day moving average.

AAAU BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 5:07 PM EDT - 16 hours ago

Opinion | The $1.4 Trillion State Tort Raid on Meta

Plaintiff attorneys and Democratic attorneys general want to turn social media into the next Big Tobacco.

META BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 4:57 PM EDT - 16 hours ago

Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg.

META BAR DBP GLD GLDM IAU OUNZ

Aug 16, 2026, 4:00 PM EDT - 17 hours ago

NVDA Growing "Kingmaker" Role in AI Buildout as GOOGL Races for "True" AI

"We've seen a strong shift in company selling compute versus buying compute," says Noah Kann. He points out Alphabet (GOOGL) signaling negative free cash flow in earnings and its following stock sell-...

GOOG GOOGL NVDA GLD GLDM IAU OUNZ

Aug 16, 2026, 3:21 PM EDT - 17 hours ago

A historic shortage is squeezing an American dinner staple and relief could be years away

Tyson Foods closes beef facilities as America's cattle herd hits a 75-year low, driven by persistent drought that forced ranchers to sell early.

TSN GOOGL NVDA GLD GLDM IAU OUNZ

Aug 16, 2026, 2:08 PM EDT - 19 hours ago

Anthropic IPO valuation hinges on $190B-$200B 2028 revenue forecast: sources

The $190 billion to $200 projection dwarfs the $47 billion revenue "run rate," reflecting the firm's current pace of business, that the company publicized as recently as May, and shows the scale of gr...

TSN GOOGL NVDA GLD GLDM IAU OUNZ

Latest News