• US corporate pre-tax profits reached an annualized $4.8 trillion in the second quarter, or 18% of national income, the highest share since the aftermath of World War II.
• Major hyperscalers are increasingly relying onDebtmarkets and off-balance-sheet financing structures to fund AI infrastructure asCapitalspending outpaces operating cash flow.
• Streaming platforms experienced bandwidth issues after the first official preview of "Grand Theft Auto 6" drew heavy viewer demand, lifting Take-Two Interactive shares in premarket trading.
• Friday marked six months since the US and Israel launched major combat operations against Iran, with the conflict now settled into a prolonged standoff.
• Fed Chairman Kevin Warsh used his Jackson Hole address to outline a broader philosophy ofCentral Bankgovernance rather than commit to specific policy signals.
• Iran's Foreign Ministry called on all countries to reject US sanctions against Tehran, warning that compliance would represent complicity in an "illegal" policy.
• The Trump administration threatened to cut off any entity laundering money for Iran from the US dollar system as part of its expanded sanctions campaign.
• Federal Reserve Chairman Kevin Warsh said at the Jackson Hole symposium that the Fed's main focus should be on elevated prices, warning that a rate hike may be necessary ifInflationdoes not improve soon.
AeroVironment (NASDAQ:AVAV), a maker of unmanned aircraft systems and defense technologies, has been trading in the spotlight of the drone boom, with rapid revenue growth, a transformative acquisition and surging demand for its systems. For investors, the combination of strong growth and a strengthened …
DiDi Global (OTC:DIDIY), the dominant ride-hailing and mobility company in China with a fast-growing international business, reported climbing transaction volumes, rapidly expanding overseas operations and advancing autonomous-driving ambitions. For investors, the combination of scale, growth and profitability raises the question of whether the company's …