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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 ...

Stocks Rally on the Favorable US PPI Report
Barchart8d agobullish
Stocks Rally on the Favorable US PPI Report

The S&P 500 Index ($SPX ) (SPY ) on Thursday rose +0.65%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +1.15%. September E-mini S&P futures (ESU26 ) rose +0.68%, and September E-mini Nasdaq futures (NQU26 ) rose...

Applied Materials (NASDAQ:AMAT) Surprises With Q2 Sales But Stock Drops
StockStory8d agobearish
Applied Materials (NASDAQ:AMAT) Surprises With Q2 Sales But Stock Drops

Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) announced better-than-expected revenue in Q2 CY2026, 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 $3.50 per share was 3.1% above analysts’ consensus estimates.

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.