CoreWeave reported Q2 revenue of $2.58 billion, up 112% year over year, with its AI backlog swelling to $104 billion and shares jumping 13.5% after hours.
Category: Markets
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Nvidia Mobilizes $500 Billion in AI Infrastructure Financing With Six Wall Street Firms
Nvidia signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create AI compute financing platforms targeting over $500 billion in third-party capital.
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TSMC July Revenue Jumps 44.7% to Record $14.5 Billion as AI Demand Accelerates
TSMC posted July revenue of $14.5 billion, up 44.7% year-on-year, pushing cumulative 2026 revenue 37% higher and prompting the company to raise its full-year growth forecast above 40%.
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Brent Rises Above $84 as Iran Demands Sanctions Relief Before Hormuz Can Reopen
Brent crude climbed past $84 a barrel on August 10 as Iran’s foreign minister ruled out any Strait of Hormuz deal without US sanctions relief and war reparations, keeping a risk premium in oil prices.
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Gold Climbs 2.1% to $4,342 as US Jobs Shock Revives Rate-Cut Bets
Spot gold rose 2.1% to $4,342 on Friday after US payrolls fell 23,000 in July, reviving rate-cut bets and lifting the metal from a three-month low.
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S&P 500 Closes at Record 7,757 as Weak Jobs Data Lifts Rate-Cut Odds
The S&P 500 set a new all-time high of 7,757.64 on August 7, 2026, as a sharply weaker-than-expected US jobs report dimmed Federal Reserve rate-hike expectations and sent technology shares sharply higher.
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Firmware Bug From 2021 Drained $140 Million from Coldcard Bitcoin Wallets
A 2021 firmware error in Coinkite’s Coldcard wallets made seed phrases predictable, letting hackers drain over $140 million in bitcoin in 41 minutes.
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SK Hynix Suffers Second Flash Crash on South Korea’s Nextrade in a Week
SK Hynix shares plunged 30% in pre-market trading on Nextrade on August 6 — the second such incident in eight days — as South Korea’s alternative bourse faces calls to tighten its volatility controls.
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Palantir Surges 29% After Q2 Revenue Hits $1.93 Billion on 93% Growth
Palantir’s Q2 2026 results shattered expectations as US commercial revenue grew 149% year-on-year, US government revenue jumped 90%, and the stock surged nearly 30% — making it the standout earnings story of the week.
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Dow Closes at Record 53,178 as Oil Falls on Iran Pause
Wall Street set records on August 3 as the Dow surged 693 points to 53,178.41, powered by a 5% drop in Brent crude on signals of Iran de-escalation.