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Billionaire issues major U.S. debt warning
TheStreet8d agoneutral
Billionaire issues major U.S. debt warning

Mike Novogratz, the billionaire founder and CEO of the crypto-focused asset manager Galaxy Digital (Nasdaq: GLXY), has sharply reacted to the rising federal debt of the U.S. government. The U.S. federal budget deficit jumped ‌to $432 billion in July as receipts totaled $334 billion against ...

Two AI Security Winners to Own Now
FX Empire8d agoneutral
Two AI Security Winners to Own Now

The AI boom often centers on productivity – doing more and doing it faster. But AI also allows for automated attacks at record speeds.

Stocks Hit New Highs on Inflation Relief
The Wall Street Journal8d agoneutral
Stocks Hit New Highs on Inflation Relief

Analysts surveyed by The Wall Street Journal were expecting a 0.2% gain. The reading follows a slight slowdown in CPI reported Wednesday and added to expectations that the Federal Reserve can hold off on raising rates for now. The market-implied likelihood of a hike at its September meeting is now around 35%, down from 55% a week ago according to CME FedWatch.

Associated Press8d agoneutral
How major US stock indexes fared Thursday 8/13/2026

The U.S. stock market rose to a record following the latest sign that inflation is getting less bad. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.8%. The Nasdaq composite rose 214.54 points, or 0.8%, to 26,803.03.

Reuters8d agoneutral
Chip equipment maker Lam Research to invest more than $3 billion to expand R&D labs

Lam Research said on Thursday it intends to invest more than $3 billion in ‌the next five years to expand its ‌global research and development lab network, as it seeks to increase ​experiment capacity and speed up product development. The U.S. chip equipment maker said the multi-site expansion is expected to increase its experiment capacity by over 50%. • Lam Research is making the investment with the intention of staying ahead of customers' ​needs as ​the pace of innovation ​requires chips with new ‌architectures, different materials and complex features engineered with nanoscale precision, CEO Tim Archer said.

Applied Materials (NASDAQ:AMAT) Posts Better-Than-Expected Sales In Q2
StockStory8d agoneutral
Applied Materials (NASDAQ:AMAT) Posts Better-Than-Expected Sales In Q2

Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 24.8% year on year to $9.12 billion. On top of that, next quarter’s revenue guidance ($10.25 billion at the midpoint) was surprisingly good and 6.1% above what analysts were expecting. Its non-GAAP profit of $4.02 per share was 18.4% above analysts’ consensus estimates.

Costco (COST) Debuts Reusable Tote Trio In West Coast Stores And Online Soon
Simply Wall St.8d agoneutral
Costco (COST) Debuts Reusable Tote Trio In West Coast Stores And Online Soon

Costco Wholesale (NasdaqGS:COST) is rolling out Out Of The Woods LLC's XL Tote Trio reusable bag set in select West Coast warehouses, with online availability expected soon. The XL Tote Trio features environmentally focused materials and design, reflecting Costco's wider push into sustainable consumer lifestyle products. This launch adds a new category of eco-friendly, reusable totes to Costco's in-warehouse assortment, separate from recent supplement and snack product launches. Investors...

Freeport McMoRan (FCX) Stock Looks Stretched As Fresh Copper Discovery News Emerges
Simply Wall St.8d agoneutral
Freeport McMoRan (FCX) Stock Looks Stretched As Fresh Copper Discovery News Emerges

Freeport-McMoRan stock has delivered a strong 118.9% total return over the past five years, yet the current valuation checks and market multiples suggest the shares are not an obvious bargain at today's levels. Over the last 5 years Freeport-McMoRan has returned 118.9%, which puts extra focus on whether the recent share price reflects a full valuation for the business. Expectations around copper focused growth can support the current price, while any disappointment in project delivery or...

Merck (MRK) Stock Fair Value Edges Higher After Analysts Back Pipeline Progress
Simply Wall St.8d agoneutral
Merck (MRK) Stock Fair Value Edges Higher After Analysts Back Pipeline Progress

Price target commentary for Merck has shifted toward a US$140 to US$155 range, anchored by a modest uplift in fair value from US$132.78 to US$136.85. Analysts link these higher targets to research that highlights Merck’s pipeline progress, recent business development moves and continued focus on late stage therapeutics. As you read on, you will see how to track these moving pieces and what they could mean for the evolving Merck story in the coming years. Stay updated as the Fair Value for...