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Nvidia's Cheapest Valuation in Five Years Meets Its Biggest Earnings Test
A $5.28 trillion Nvidia reports Wednesday trading at its lowest valuation multiple in five years, with $91B in guided revenue and the Rubin cycle in focus.
August 24, 2026
Alibaba Crashes 10% in Hong Kong After Discounted AI Share Sale Prices
Alibaba shares plunged after the company priced its record $10.2B follow-on placement at an 8.4% discount to fund AI infrastructure spending.
August 24, 2026
Gold and Silver Add Nearly $5 Trillion in Value in August Surge
Gold reclaimed $4,650 and silver topped $70 as a weaker dollar and Treasury buyback plans drove one of the sharpest precious metals rallies in months.
August 24, 2026
Market Makers Pile Into Short Positions Even as Bitcoin Rallies
Wintermute and Abraxas Capital are sitting on hundreds of millions in short exposure on Hyperliquid even as Bitcoin pushes through a strong rally.
August 24, 2026
Iran's Rial Collapses to Record Low as US Launches Financial Offensive
Iran's rial crashed past 2 million per dollar as the US Treasury moves to cut off the country's remaining oil and financial lifelines.
August 24, 2026
China's Hidden Gold Buying Nearly Triples Official June Total
China bought over 40 tonnes of gold via London's OTC market in June, 167% more than its official central bank figure, extending a 20-month buying streak.
August 24, 2026
Hugging Face Explores Sale at $13B Valuation, Nearly Triple 2023
AI hub Hugging Face is gauging acquisition interest at a $13 billion valuation, nearly triple its 2023 mark, with Salesforce and Nvidia among past backers.
August 24, 2026
Alibaba Launches $10.2B Share Sale to Go All-In on AI
Alibaba is raising $10.2 billion in a record Hong Kong share placement, putting 100% of it into AI, weeks after its AI spending crushed quarterly profit.
August 24, 2026
Iran Threatens Hormuz Tolls as Bessent Vows Economic D-Day
Iran imposed Hormuz transit fees and threatened retaliation as the US unveiled sweeping new sanctions and the rial crashed to a record low.
August 24, 2026
US-Canada Trade Talks Collapse as 50% Tariffs Take Effect
US 50% tariffs on $20B of Canadian goods are now in effect after talks collapsed. Canada set September 8 for dollar-for-dollar retaliation.
August 23, 2026
Nvidia Pays Poolside $6B to Build a DeepSeek-Rivaling Open Model
Nvidia is licensing tech and hiring over 100 engineers from AI startup Poolside in a roughly $7B deal to build a top open-weight model rivaling DeepSeek.
August 23, 2026
Nvidia Hikes AI Server Prices 15%+ Days Before Earnings
Nvidia is raising AI server prices over 15% on soaring memory costs, even as its stock trades at its cheapest valuation in five years ahead of Q2 earnings.
August 23, 2026