Kevin Smith

Trump Exfiltrated in an Airport Catering Truck in Turkey in July?

To foil an assassination threat, the American president reportedly left Ankara aboard a discreet military aircraft, while the White House deceived, using a standard Air Force One flight, according to The Washington Post.

August 11, 2026 at 03:49 pm

Rush for robot maker Unitree on the Shanghai Stock Exchange

Chinese robot maker Unitree priced its IPO at 150.8 yuan per share, a 6.1 billion yuan ($904m) deal that would make it mainland China's first listed humanoid-robot maker. Retail investors subscribed 8,000 times the number of shares on offer.

August 11, 2026 at 02:38 pm

Oil surges: supply under pressure on every front

Crude extended its rally, driven by a buildup of supply shocks hitting multiple producing regions at the same time. Precious metals are moving higher as well.

August 11, 2026 at 02:38 pm

After electric cars, China kicks off the battle for humanoid robots

After upending the electric auto industry, China is now looking to follow the same trajectory in humanoid robotics. According to Morgan Stanley Investment Management, the country shipped about 13,000 humanoids in 2025, more than 90% of global output, and could more than double deliveries in 2026. A significant share of the machines is still destined for demonstrations, research or trials, but their gradual integration into factories is starting to take on an industrial scale.

August 11, 2026 at 03:56 am

Nvidia and Wall Street prepare $500bn financing plan for AI

Nvidia is working with several major financial players to create a vehicle of up to $500bn to fund the buildout of artificial intelligence infrastructure. The effort brings together Apollo Global, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR, amongst others. Nvidia shares are down over 2% today.

August 11, 2026 at 03:43 am

Gold regains momentum as the Fed is seen as less aggressive

Gold has regained some shine over the past few sessions, with US futures climbing from around $4,000 an ounce to nearly $4,500. Talks about a possible agreement between the United States and Iran may have helped the move by reducing oil-related inflation risks, but the main driver of the rebound appears to be a sharp reset in expectations for US interest rates.

August 11, 2026 at 03:43 am

Disney+ and Hulu step up video podcasts with iHeartMedia

Disney+ and Hulu have struck a partnership with iHeartMedia to stream six podcasts in video, strengthening their libraries in a fast-growing streaming format. The initiative aims to attract and retain more users as Netflix and HBO Max also invest in the market. Financial terms of the deal were not disclosed.

August 11, 2026 at 02:37 am

Meta and other tech giants exposed to thousands of addiction lawsuits

A US appeals court has allowed thousands of cases to proceed against Meta, Google, TikTok, Snapchat and other platforms accused of designing their services to encourage addictive use among young people. The decision keeps significant legal pressure on an industry already facing several adverse rulings in the United States.

August 11, 2026 at 02:36 am

Wall Street trades without a clear direction

Major US indexes are moving without much direction this Monday. Investors remain focused on any developments tied to the situation in the Strait of Hormuz, while bracing for a data-heavy week on the macro front.

August 11, 2026 at 12:33 am

GameStop reportedly weighs dropping its eBay bid in favor of a partnership

According to Bloomberg, Ryan Cohen is considering scrapping his $55.5bn bid for eBay in favor of a commercial alliance built around GameStop's store network.

August 11, 2026 at 12:33 am

Csquare ticks higher after upbeat Bank of America call

Csquare shares are up about 3% to about $22.1 in early Wall Street trading on Monday, supported by Bank of America, which has initiated coverage with a "buy" rating and a $46 target price, based on a target 2027 EV/EBITDA multiple of 22x.

August 11, 2026 at 12:33 am

Archer Aviation's Boeing acquisitions draw praise

Archer Aviation is soaring on Wall Street (+18.16%, to $6.605) after announcing it has signed definitive agreements with Boeing (+0.44%, to $235.50), allowing the former to acquire three Boeing subsidiaries.

August 10, 2026 at 11:29 pm

Intel to raise $15bn through a share offering

Intel plans to raise $15bn through a share offering, notably aimed at funding its AI capital spending.

August 10, 2026 at 11:29 pm

Microsoft reportedly preparing to launch its Maia 300 chip as soon as September

Microsoft plans to publicly unveil its new Maia 300 artificial intelligence chip this fall, potentially as early as September, according to The Information. This next generation is expected to help the company speed up development of its own AI processors and reduce its reliance on Nvidia's expensive chips, after a slower rollout than some rivals since the first Maia was introduced in November 2023.

August 10, 2026 at 11:27 pm

Donald Trump Is Not Done With the Fed

Despite Kevin Warsh's arrival, political pressure remains intense.

August 10, 2026 at 08:22 pm

When AI and Passive Investing Threaten Our Judgment

"At a time when artificial intelligence is transforming how we relate to information and when passive investing is taking up a growing share of financial markets, the same risk is emerging: that of an economy in which repetition and concentration gradually take precedence over analysis and judgment," notes David Kalfon, chairman of Sanso Longchamp AM.

August 10, 2026 at 08:22 pm

The US labor market is holding up better than the NFP suggests

The US labor market surprised in July with the loss of 23,000 non-farm jobs, far from the image of resilience it had projected in recent months.

August 10, 2026 at 08:22 pm

Apple turns to China for its memory chips

Facing a global shortage of memory chips driven by the AI rush, Apple is testing components from Chinese manufacturer CXMT across its entire lineup, including iPhone and MacBook, according to The Wall Street Journal.

August 10, 2026 at 04:34 pm

Oil rebounds, but uncertainty remains about reopening Strait of Hormuz

Crude oil prices rose on Monday as the terms for the reopening of the Strait of Hormuz are still to be defined. Tehran says a deal with Oman is close, although it maintains several demands on Washington.

August 10, 2026 at 04:33 pm

Porsche SE Puts Volkswagen Up Against the Wall

Volkswagen's largest shareholder, the holding company of the Porsche and Piech families, is calling for a swift reduction in costs and excess capacity. Its backing for Oliver Blume's sweeping restructuring plan sets the stage for a showdown with unions and the state of Lower Saxony.

August 10, 2026 at 03:02 pm

Weekly earnings calendar: Cisco, Adyen, Cerebras and Applied Materials to announce

Welcome to the weekly earnings calendar for listed companies for the week of August 10 to 14, 2026. Among the week's releases are results from Cisco Systems, Applied Materials, Antofagasta, RWE, Commonwealth Bank of Australia, Simon Property Group, Barrick Mining, Valneva, China Mobile and Aviva.

August 10, 2026 at 02:42 pm