CrowdStrike, Palo Alto hit records after Black Hat cyber conference
Jonathan Raa | Nurphoto | Getty Images Cybersecurity stocks CrowdStrike and Palo Alto Networks jumped more than 5% to new highs on Monday on renewed demand for artificial intelligence security tools following the industry’s annual Black Hat…
Hollywood returns to China as Chinese rivals push abroad
People walk by a giant Spiderman inflatable installation at the south courtyard plaza of Shuncheng Shopping Center on August 2, 2026 in Kunming, Yunnan province, China. Vcg | Visual China Group | Getty Images Hi, this is Evelyn, writing to you from…
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media & Technology Group on Monday reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million. That loss, which dwarfed the almost $20 million it lost in the same period last year, was…
Nvidia, Wall Street asset managers partner on $500B AI push
Nvidia is attempting to turn its artificial intelligence chips into Wall Street’s newest asset class, partnering with six large asset managers on a $500 billion financing push designed to treat compute infrastructure much like commercial real…
Trump signs vaccine executive order calling for fewer childhood shots
US Secretary of Health and Human Services Robert F. Kennedy Jr. (R) looks on as President Donald Trump speaks before signing an executive order calling for more research and flexibility on vaccines, in the Oval Office of the White House in Washington,…
Three reasons Goldman’s co-head of global banking and markets says to stay invested
A trader works on the floor of the New York Stock Exchange. NYSE Goldman Sachs’ Ashok Varadhan has a simple message for investors worried about higher interest rates, elevated oil prices and the durability of the economy: stay invested. Varadhan,…
Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty Images Crude oil stocks in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels,…
Intel plans $15 billion stock offering as AI demand accelerates
Intel headquarters is seen on July 23, 2026 in Santa Clara, California. Heather Diehl | Getty Images Intel announced a $15 billion common stock offering on Monday to support skyrocketing customer demand for artificial intelligence computing power. Shares…
The Club’s top 10 things to watch in the stock market Monday
The Club’s top 10 things to watch Monday, Aug. 10 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis 1. Wall Street is headed for a mixed open this morning following last week’s 3.5% surge to…
Boeing sells eVTOL subsidiaries, takes stake in Archer
The Boeing logo is displayed on a Boeing building on Aug. 3, 2026 in El Segundo, California. Mario Tama | Getty Images In a move to increase its focus on core operations, Boeing is selling three of its subsidiaries to Archer Aviation in exchange for an…