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NYSE

Stocks Show Little Change After Inflation Report And Ahead Of Nvidia Results, Jackson Hole

The Fed's preferred inflation gauge rose 0.2% in July, in line with forecasts from analysts.

Bill Gates Wants AI to Slow Down, Says Its Risks Are Becoming 'Mind-Blowing'
SpaceX's Stock Is Whipsawing Around Its IPO Price. Morgan Stanley Says It's 'Attractively Valued.'
The Fed's Preferred Inflation Gauge Rose In July. Expectations Of A Rate Hike Edged Up.

Nvidia's Results Beat Expectations, But Its Stock Still Struggled
Shares of the company dropped slightly after the market closed on Wednesday.
The Fed's Preferred Inflation Gauge Rose Again In July, But Was In Line With Expectations
The core personal consumption expenditures price index gained 0.2% last month and clocked in at 3.3% for the year.
Wall Street's AI Trade Just Flipped. Software Stocks Climb As Chips Fall.
Trillions of dollars in market value have shifted as investors moved away from many of the semiconductor stocks that dominated the artificial intelligence boom and back toward software companies.
Ukraine Is Stepping Up Attacks Inside Russia. Putin Could Now Seize 'Critical Infrastructure.'
Authorities will be able to take control if private owners fail to protect the infrastructure.
Volkswagen Is Planning To Shed Tens Of Thousands Of Jobs. Its CEO Says Cost Cutting 'Is Not Over'
"We not only measure ourselves against our own past performance. We measure ourselves ⁠against the best locations in Europe," Oliver Blume said.
Marco Rubio Reportedly Tells Allies That U.S. Won't Strike Iran 'For The Time Being' And Focus On Economic Pressure
The Trump administration this week unveiled a plan to impose secondary sanctions on those "enabling" Iran to maintain its economic activity.

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THE BOTTOM LINE

zuckerberg

Mark Zuckerberg Reportedly Wanted AI To Replace Meta Workers. The Plan Collapsed Within Months.

The initiative, code-named "Project OT," for Organization Transformation, envisioned turning Meta into an "AI native" company.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

Economy in Focus

The Fed's Preferred Inflation Gauge Rose In July. Expectations Of a Rate Hike Edged Up.
Expectations of a rate hike now stand above 40%, compared to 39.6% on Tuesday and 33.1% last week, according to the CME Group's Fed Watch tool.
- The Fed's Preferred Inflation Gauge Rose Again In July, But Was In Line With Expectations
- U.S. Treasurys Are Losing Reliable Buyers. Foreign Governments Retreat From American Debt.
Stocks Rebound With Nvidia's Earnings And Warsh's Jackson Hole Address In Focus
Bond yields fell on reports that the Treasury could dip into its $1 trillion General Account to fund debt buybacks.
- OpenAI Claims an AI Chip Breakthrough. Broadcom Collaboration Jalapeño Beats Nvidia's GB300 in Tests.
- Trump's Portfolio Managers Bought SpaceX Stock In June. So Far They Have Lost Money.

Editor's pick

Representation of Ethereum, with its native cryptocurrency ether, is seen in this illustration taken November 29, 2021.

Ether Just Erased Four Months Of Losses. Now $2,465 Is The Level To Watch.

Technical indicators show ether approaching a key resistance level after its sharp rebound, while U.S. spot ether ETFs have also drawn fresh investor money.

Vinhomes

Contributor

From the Ground Up: How Vinhomes Is Building Cities to Global Smart-City Standards

Vinhomes is embedding global smart-city standards into major Vietnamese developments, combining data, ESG, climate resilience and sustainable urban planning.

Contributor
Brisbane's Housing Squeeze Ahead of the 2032 Olympics: What Investors Need to Know
Brisbane's 2032 Olympics are intensifying an already tight housing market. Here's what investors can learn from Sydney and London and where to look.
Contributor
How AI Is Transforming the Life Sciences Content Supply Chain
AI is transforming the life sciences content supply chain by automating workflows, MLR reviews, and compliance while accelerating content deployment.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

A New Poll Finds Support For Iran War At A Low Point. And It's Dragging Down Trump's Popularity.
Only 31 percent of Americans were supportive of the Iran war.
Legendary Singer Dolly Parton Dies At 80
Iranian State TV Appeared To Threaten Barron Trump. The Secret Service Says It Is Investigating

Ukraine Continues Attacks On Russian Online Retailers. Putin Vows To Retaliate.
Ozun, Russia's second largest online retailer, has been hit with several Ukrainian attacks.
CIA Director Ratcliffe Unexpectedly Traveled To Moscow For Meetings: Report
China's Humanoid Robots Are Learning to Fight. Developer Says Robot Soldiers Are Only 5 to 10 Years Away.

SpaceX Will Spend Up To $100 Billion To Build a New Launch Facility
Elon Musk said the initiative would bring "probably 10,000 really exciting jobs" to the state.
OpenAI Claims an AI Chip Breakthrough. Broadcom Collaboration Jalapeño Beats Nvidia's GB300 in Tests.
Apple Goes Bigger on AI. New Mac Mini and Mac Studio Can Run Powerful Models On-Device.