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Tencent's AI Capex Surge Tests Bullish Case as Cash Flow Turns Negative
Tencent's Q2 AI investment surge drove capex up 176% to RMB52.8B, turning free cash flow negative, yet shares rose 1.08%. Analysts stay bullish but disagree on spending duration.
Nu Holdings Rises on Record Profit Despite Rising Delinquency Risks
Nu Holdings stock rose 1.64% after a record quarterly profit, but rising late-stage delinquencies keep credit quality concerns in focus.
Boeing Stock Slips 0.5% as Netflix Documentary Raises Safety Questions
Boeing shares dipped 0.5% on Wednesday following the release of a critical Netflix documentary, but a record $715B backlog and solid Q2 earnings tempered the selloff.
Aramco's $224B Upside Hinges on Hormuz Bypass as Saudi Market Halts
Saudi Exchange halted, Aramco flat at SAR 26.64. Analysts see 13% upside, $224B value, tied to East-West pipeline amid Hormuz risks.
CrowdStrike Slips 5.3% Ahead of Earnings; Options Signal 10% Move
CrowdStrike shares dropped 5.3% to $201.58 ahead of its Aug 26 earnings, with options pricing a 10% move. The decline is a pre-earnings de-risking, not a post-results verdict.
Hyperliquid Strategies Soars 23% on US Compliance Hopes
Hyperliquid Strategies (PURR) surged 23% after Trump indicated a US compliance path for HYPE, with shares hitting $8.88 and trading volume 3.3x average.
MRK Surges 13% on Cancer Vaccine Data, Market Cap Jumps $44B
Merck (MRK) shares soared 13.3% to $153.12 after promising Phase 3 data for its melanoma vaccine with Moderna (MRNA), boosting market cap by $44.4B.
Samsung Foundry Price Hike Highlights AI Chip Capacity Crunch
Samsung's foundry price hike of up to 15% signals tight AI chip capacity. TSMC shares remain flat despite strong July revenue growth of 44.7%.
Eli Lilly Stock Near Record as Volume Surge Offsets Price Cuts
Eli Lilly (LLY) nears all-time high as Q2 volume surges 60%, offsetting a 13% price drop. Mounjaro and Zepbound account for 64% of revenue.
Fed Minutes Signal More Hikes, but Treasury Buybacks Mute Long-End Reaction
Fed minutes show wider backing for a July hike, but Treasury buybacks keep long yields in check. Two-year yield barely moves while 30-year falls.
Loonie Hits 2½-Month Peak; Tariff Truce Leaves Risk Skewed
The Canadian dollar climbed to its strongest level since June 2, buoyed by a temporary U.S. tariff suspension, yet a 1.4-to-1 downside risk skew persists as trade talks remain uncertain.