Prediction market traders all but rule out an Nvidia earnings miss
Prediction market traders assigned a 97% probability to Nvidia beating Wall Street’s earnings forecast, though the stock recently ended its longest losing streak since 2022.
World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion New Taiwan dollars ($14.5 billion), up 44.7% year-over-year, driven by continued strong artificial intelligence chip demand.
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media posted a $238 million net loss in the second quarter, primarily due to declines in digital assets, though Truth Social advertising revenue rose 89% year-over-year.
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave shares rose 14% in extended trading after reporting revenue that doubled year-over-year, driven by strong AI infrastructure demand and a $104 billion backlog.
Treasury may tap $1 trillion cash account for bond buybacks
The U.S. Treasury is considering drawing from its roughly $1 trillion General Account to fund an expanded bond buyback program, according to Treasury officials cited by CNBC.
Gold Price Ends 6-Month Correction as Bulls Reclaim Key Trendline
Gold reached a three-month high of $4,643.95, rallying 17% from its July low and breaking a 26-week correction that began from a January record.