US building twice as much gas-fired capacity as China in AI boom, analysis finds There has been a 76% increase in under-construction gas-fired projects amid ‘frenzy’ to build more datacenters The Guardian - US · Aug 25
Canada hits back with tariffs of up to 50% on US goods as trade war escalates "We will support our workers, our businesses and our industries with whatever it takes, for as long as it takes," Canadian Finance Minister François-Philippe Champagne said on Tuesday. Euronews · Aug 25
Starbucks Gave Seattle Workers a Choice: Move to Nashville or Lose Their Jobs — 120 Declined, 200+ Laid Off Starbucks is laying off 224 employees in Seattle, with 120 declining a relocation to Nashville due to a pay cut. The remaining 104, involved in coffeehouse design, were cut after a leadership change. International Business Times UK · Aug 25
Nvidia Scored an H200 Win in China, But These Analysts Warn It May Not Be a Reason to Buy NVDA Stock Nvidia may have cracked the door back open in China, but strict restrictions could keep this H200 win from becoming a major revenue boost. Barchart · Aug 24
Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks On Tuesday, the U.S. dollar showed weakness against key currencies as investors reacted to new sanctions on Iran and attempts to reduce Treasury yields. The euro and pound both saw minor increases, approaching their recent highs. Additionally, Bitcoin enjoyed a notable weekly surge, bolstering its upward trajectory. Market watchers are… The Economic Times · Aug 25
Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors? Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both contracts fell more than 2% on Monday, with U.S. crude touching a one-week low as investors took profits following a rally over the previous… The Economic Times · Aug 25
Gold touches highest level since mid-May as buying momentum builds Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting… The Economic Times · Aug 25
Disney Offers Buyouts to 50+ Executives With 10+ Years' Service: Bigger Cuts Could Follow Disney's latest cost-cutting move reaches its executive ranks, offering eligible leaders an early-retirement package as the company continues reshaping its organisation. International Business Times UK · Aug 25
'Same compute, fewer resources - More compute, same energy': AMD says it is on track to make AI four times more energy efficient AMD says two of its 2030 racks will match 570 from 2024 using twenty times less power and reducing carbon intensity by twenty-eight times. TechRadar · Aug 24
Nat-Gas Prices Supported by Hot US Weather September Nymex natural gas (NGU26 ) on Monday closed up +0.009 (+0.32%). Nat-gas prices settled higher on Monday amid forecasts for record-high temperatures in West Texas this week to support nat-gas demand. The largest Texas electric grid, the Electric Reliability Council of Texas, forecast that peak power demand this week... Barchart · Aug 24
Do Wall Street Analysts Like The Trade Desk Stock? As The Trade Desk has underperformed relative to the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s prospects. Barchart · Aug 24
Goal Zero Recalls 46,200 Power Stations After Four Fire and Overheating Reports, and the Fix Is Software Goal Zero recalled about 46,200 YETI 3000X power stations after four reports of fires and overheating. The fix is a firmware update, not a return. Medical Daily · Aug 24
The Homebuyers Who Can't Wait: How to Navigate a Difficult Market "Must-move" buyers can successfully navigate the challenges of the housing market by exploring their options for bridging the gap between selling and buying. Kiplinger · Aug 24
Andrew Yang Warns That AI Is Set to Displace Millions of Workers, America Is ‘Terrible at Retraining’ Workers… ‘The Coal Miners Did Not Become Coders’ Yang recently raised concerns over the future of AI in the United States. Barchart · Aug 24
MarketBeat · Aug 24 Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Visa placed Hims & Hers Health into its Acquirer Monitoring Program after a billing dispute spike, adding penalty costs amid an FTC lawsuit and margin contraction.
Barchart · Aug 24 Is Wall Street Bullish or Bearish on BXP Stock? Despite trailing the broader market over the past year, BXP continues to draw fairly upbeat confidence from Wall Street analysts.
Barchart · Aug 24 Vistra Corp. Stock: Is Wall Street Bullish or Bearish? Vistra Corp. has underperformed the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.
International Business Times · Aug 24 Accepting USDT Is Easy - Moving It Is Where Businesses Get Stuck Mesh wallet completely does away with gas fees, meaning that businesses can accept USDT payments simply without needing a complex setup of two tokens.
Barchart · Aug 24 What Are Wall Street Analysts' Target Price for Lockheed Martin Stock? Despite outperforming the broader market over the past 52 weeks, Lockheed Martin has yet to win over Wall Street completely, with analysts maintaining a moderately optimistic outlook on the defense giant’s prospects.
Saving Advice · Aug 24 Labor Department Clears $16.2 Million Property Sale Involving Hawai‘i Pacific Health Retirement Plan The U.S. Department of Labor has granted a federal exemption allowing the Hawai‘i Pacific Health Retirement Plan to sell a Honolulu property to Straub Clinic...
The Economic Times · Aug 24 US stocks today: S&P 500, Nasdaq decline as tech sector falls, US prepares to impose more Iran sanctions Wall Street’s S&P 500 and Nasdaq declined on Monday, dragged down by a sharp sell-off in technology and semiconductor stocks.Investors reacted to fresh U.S. sanctions against Iran, mounting political pushback on AI data centers, and looming market catalysts, including Nvidia’s earnings and upcoming Fed inflation reports.
International Business Times · Aug 24 Canada's Trade Fight With Trump Is Getting Costlier. Nearly 90,000 Jobs Could Be At Risk In The Country. Ottawa is preparing dollar-for-dollar retaliation after trade negotiations with Washington collapsed, while a new threat to raise tariffs on Canadian vehicles could widen the dispute further.
France 24 · Aug 24 US unveils expanded sanctions aimed at Iran's 'economic asphyxiation' The US on Monday announced an expansion of secondary sanctions it hopes will "sever every economic lifeline" that sustains Iran, Treasury Secretary Scott Bessent said at a press conference. The expanded sanctions target Iran's digital assets, technology, gold, aviation and shipping sectors.
The Economic Times · Aug 24 Trump to impose 7.5 percent tariff on Chinese goods, raising the total to 20 percent The US plans to impose a 7.5% tariff on Chinese goods soon. This move aims to restore previous duties to around 20% before a summit. Beijing previously stated this level aligns with its trade truce with Washington. The administration is also considering suspending part of a higher duty rate. Both…
Barchart · Aug 24 Palo Alto Networks Could Be Worth Over $433 - 21% More - as Analysts Hike Their Revenue Forecasts Palo Alto Networks is set to release its fiscal Q4 earnings on Sept. 1. Since my last article, when I set a $402 price target, analysts have raised their revenue forecasts. The new PANW PT is $433, 21% higher.