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  • Stocks @ Night Newsletter Preview Is Not Qualified
    According to CNBC, the source is a newsletter-style preview of items traders were watching for the next session, including weekly jobless claims, Campbell's, Hewlett Packard Enterprise, Tesla's Cybercab event and Uber's autonomous vehicle rides in London. It also notes that Dow Jones consensus estimates call for 205,000 weekly jobless claims, compared with 203,000 the previous week, and says Uber will launch autonomous vehicle rides in London on Thursday.
    Bullish
    Bearish
  • SEC Questions Daktronics Over Kawhi Leonard Review
    The Securities and Exchange Commission is asking Daktronics Inc. questions about basketball player Kawhi Leonard after an NBA investigation into his endorsement deals, the company’s acting chief financial officer said Wednesday, according to Bloomberg. Daktronics makes electronic scoreboards.
    Bullish
    Bearish
  • U.S. President Donald Trump Says He Spoke With Defense Secretary Hegseth About Iran
    According to Jin10, U.S. President Donald Trump said he spoke late last night with U.S. Defense Secretary Hegseth about Iran.
    Bullish
    Bearish
  • Copper Pulls Back From Seven-Month High as Middle East Conflict and Rate-Hike Bets Weigh on Outlook
    According to Jin10, LME copper futures fell from a seven-month high as the sudden escalation of the Middle East conflict stoked oil price and inflation concerns, while rising expectations for Federal Reserve rate hikes and higher borrowing costs pressured the demand outlook. Inventory flows also diverged.
    Bullish
    Bearish
  • Asia Dollar Gauge Rally Masks Split Among Regional Currencies
    Asia’s currency gauge has surged for two months, while one measure of its relationship to the dollar is near a record low, according to Bloomberg. The strength masks a two-tier market, with currencies of technology-heavy exporters outperforming peers that are less insulated from high oil prices.
    Bullish
    Bearish
  • PG&E CEO Hopeful California Wildfire Liability Reform Talks Resume
    According to CNBC, PG&E CEO Patti Poppe said Wednesday she is hopeful California lawmakers will return to wildfire liability reform talks after a proposal failed to advance, and she said the legislature could also take up the issue in a special session. PG&E and Edison International shares fell 20% and 21%, respectively, this week after lawmakers did not move forward with a plan that would have limited how much individuals could seek from utilities whose equipment sparked wildfires. PG&E also announced a strategic review and cut $2 billion from its 2027 capital spending plan, reducing planned investment to $11.4 billion. Poppe said the lower spending would delay housing starts and renewable-energy projects in California. She also said unresolved wildfire liability risk has complicated PG&E's effort to regain an investment-grade credit rating, and estimated that lower borrowing costs could have saved customers $600 million over the last two years of debt issuances.
    Bullish
    Bearish
  • STOCKS | Wall Street Shifts Into AI Bonds as Treasury Yields Rise
    Wall Street is seeing a major rotation from U.S. Treasuries into AI corporate bonds as technology giants tap the investment-grade market with wider spreads. According to Sina Finance, the move is helping push U.S. Treasury yields higher, while the 30-year yield has returned to the elevated level seen before the Treasury's intervention. Goldman Sachs said global AI corporate bond issuance has approached $500 billion so far this year through August, accounting for 25% to 30% of all investment-grade corporate bond issuance. The report said Amazon issued $25 billion of bonds in July for AI data centers and related power infrastructure, while AI capital spending on computing, data centers and electricity could reach about $7.6 trillion from 2026 to 2031. The article said U.S. Treasury liquidity-support buybacks for 10-year to 30-year bonds were doubled to $4 billion per operation, but long-term yields rose again after a brief pullback. It added that some investors now view Treasury yields as a new fear gauge, with market participants watching the 10-year yield's 5% level as a key threshold.
    Bullish
    Bearish
  • Japan 30-Year Bond Auction Faces Demand Test Amid Global Selloff
    Japan’s 30-year government bond auction on Thursday will test investor appetite as a global selloff pushes long-dated yields to their highest levels in almost two decades, according to Bloomberg. The auction comes as investors watch whether demand can hold up after the recent rise in long-dated borrowing costs.
    Bullish
    Bearish

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