Equities
Alibaba plans $10.2 bln Hong Kong share placement, largest ever
The e-commerce giant's HK$80 billion follow-on offering would be the largest primary share sale by a Hong Kong-listed company. Proceeds will fund AI infrastructure expansion.
CTA equity positioning returns to pre-Iran levels: BofA
Systematic trend-following funds have rebuilt equity exposure to levels last seen before the Iran conflict, with further gains possible if volatility continues to ease. BofA warns of potential $100 billion in global equity sales if markets turn bearish.
Nvidia server prices rise over 15% as memory costs surge
AI chipmaker Nvidia increases data center server prices amid soaring DRAM costs. Major cloud providers face higher expenses for systems shipping early next year.
Apple authorizes $110 billion stock buyback, largest under Cook's tenure
Tech giant's latest repurchase program follows a $100 billion authorization in 2024. Buybacks reduce outstanding shares, boosting per-share metrics for long-term investors.
China orders recall of 4.3 million vehicles over faulty door handles
Tesla and eight automakers recall vehicles in China due to electronic door handles that may fail to open in emergencies. Regulators push for stricter standards amid safety concerns.
Moody’s lifts TTM Technologies outlook to positive on AI demand
Ratings agency upgrades TTM’s corporate family rating outlook to positive from stable, citing strong AI-related data center growth and diversified revenue streams. Acquisitions and leverage targets highlighted.
Mexico's S&P/BMV IPC jumps 2.14% on Industrials, Consumer gains
The benchmark index advanced as miners and industrial firms led gains, while Walmart de Mexico weighed on the session. The peso strengthened modestly against the dollar.
Hims & Hers faces Visa penalties over dispute surge
Telehealth firm Hims & Hers faces nearly $75,000 in Visa penalties after disputes in its weight-loss subscription business exceeded acceptable levels. Exit requires reducing dispute rate below 1.5% for three months.
Anthropic hires ex-Google chip chief to lead AI hardware push
Salek joins Anthropic's compute team as the AI lab ramps up in-house semiconductor development and secures $250 million in chip funding for UK firm Fractile.
Moody’s affirms Microsoft’s Aaa rating with stable outlook
Rating agency cites strong revenue growth and cloud dominance despite rising AI-related capex and margin pressure. Outlook reflects balance between growth investments and financial discipline.
S&P downgrades Leslie’s to CCC- on restructuring risk
Ratings agency warns of potential selective default within six months if debt restructuring proceeds. Term loan trades near 20 cents on the dollar.
S&P upgrades Somnigroup to 'BB+' on debt reduction, positive outlook
Rating agency cites improved leverage metrics, Mattress Firm integration, and forecasted EBITDA growth. Outlook remains positive with potential further upgrade.
SEC charges ex-Bank of America banker with insider trading
Jason Satsky allegedly tipped Gavin Wolfe about an $8.1 billion buyout of South Jersey Industries, enabling illegal profits of $18.5 million. SEC seeks fines and trading bans.
Nvidia fiscal Q2 2027 earnings: $92B revenue seen, margin focus ahead
Analysts expect Nvidia to report $91.9B in revenue for fiscal Q2 2027, with gross margins and China demand among key watchpoints after four straight upside surprises.
Hedge funds and mutual funds pile into AI infrastructure stocks
Goldman Sachs identifies Bloom Energy, Flex and Seagate Technology as the most widely added AI names by both hedge and mutual funds in Q2. Financials sector exposure hits multi-year highs.
Canada’s Big Six banks enter Q3 2026 earnings on four-quarter beat streaks
All six lenders report between Aug 25-27 as consensus EPS estimates rise 5.6% to 12.1% over the past year, while shares pull back 5% to 7% from recent highs.
BIGG Digital to rebrand as Surge Digital, shares to consolidate 7-for-1
Canadian crypto firm BIGG Digital Assets will change its name to Surge Digital and reduce its share count by 85.7% in a 7-for-1 consolidation effective Aug. 26. Trading to switch to SRGE on TSXV.
Guggenheim fund shares plunge to 17-year low after short-seller report
The NYSE-listed Guggenheim Strategic Opportunities Fund fell 3.7% Friday after a short-seller report alleged unsustainable distribution practices tied to share issuance.
MicroCloud Hologram buys $15.76m in MicroStrategy shares
The NASDAQ-listed tech firm acquired 140,268 MicroStrategy shares through a structured note settlement, citing digital asset investment strategy.
Yatra Online receives unsolicited $1.10 per share tender offer from Magna Holdings
Magna Holdings proposed purchasing up to 20 million shares, representing roughly 31% of Yatra’s outstanding stock. The offer expires Sept. 17 unless extended, and Yatra’s board urged shareholders to await its formal recommendation.
Eric Trump-backed Space-Eyes to add ex-Delta Force officer, ex-banker to board
Space-Eyes, a drone and geospatial intelligence firm backed by Eric Trump, plans to appoint a former Delta Force officer and a former Morgan Stanley banker to its board as it prepares for a $638 million public listing via a SPAC merger.
Four oversold stocks with double-digit upside potential after August selloff
AppLovin, Signet Jewelers, Cirrus Logic and Smithfield Foods are trading near multi-month lows with RSI below 30, analyst targets exceeding current prices by up to 81%, and valuation metrics suggesting upside of 24% to 51%.
SMI rebounds to close higher on strong pharma, cyclical stocks
Swiss benchmark rises 0.62% after midday reversal led by Roche and Novartis; broader gains in materials and industrials offset early losses. Brent crude remains above $94 a barrel amid Middle East tensions.
Dino Polska Q2 2026 EPS beats estimates as deflation weighs on sales
Polish grocery chain posts 4.9% EPS beat despite 0.7% revenue miss, with like-for-like sales growth slowing to 0.3% amid food price deflation. Shares rise 5.8%.