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Oil Prices Remain Volatile as Strait of Hormuz Disruptions Persist, Temporary Reopening Deal Emerges

Brent crude, the global benchmark, has traded near $90 a barrel, below its intraday peak of $102 reached on July 23rd, as a ceasefire between the United States and Iran has repeatedly broken down. A loosely worded truce signed in June recognized Iran's role …

Nitish Kishor | 09 August 2026

Post Holdings Stock Hits a 52-Week Low: What's Behind the 13% Drop?

• POST shares plunged approximately 12.79 percent to $78.69, a decline of $11.54 from a prior close of $90.23, touching a new 52-week low.

Nitish Kishor | 09 August 2026

When AI Models Converge, Firms Compete on Loyalty, Not Just Capability

Foundation models no longer differentiate the way they did two years ago. Benchmark scores across leading large language models increasingly cluster together, and falling switching costs mean customers can move between providers with less friction than before. When the underlying product becomes harder to …

Nitish Kishor | 09 August 2026

Senate Republicans Slow-Walk Trump's Agenda Ahead of August Recess

The Senate Judiciary Committee advanced Todd Blanche's nomination for attorney general after Republican senators John Cornyn of Texas and Thom Tillis of North Carolina secured written assurance that the Department of Justice would rescind a $1.776 billion "anti-weaponization" fund. The fund had been created …

Nitish Kishor | 09 August 2026

Gray Media Stock Soars 25%: Political Ad Dollars Are Already Flowing

• GTN shares jumped approximately 25.47 percent to $5.37, a gain of $1.09 from a prior close of $4.28.

Nitish Kishor | 09 August 2026

SpaceX Shares Slide as AI Spending Surge and Share Lockup Expiry Rattle Investors

SpaceX reported second-quarter revenue growth of 92% year-over-year to $7.8 billion, up from $4.1 billion a year earlier, with its terrestrial artificial intelligence business contributing an outsize share of the increase alongside record growth in its Starlink satellite internet service. Starlink added 1.7 million …

Nitish Kishor | 09 August 2026

Fervo Energy (NASDAQ:FRVO) Stock Surges 12% Ahead of Q2 Earnings Report

• FRVO shares rose approximately 12.39 percent to $25.85, a gain of $2.85 from a prior close of $23.00.

Nitish Kishor | 09 August 2026

FIGS Stock Rockets 27% on a Blowout Quarter Nobody Saw Coming

• FIGS shares surged approximately 26.87 percent to $14.26, a gain of $3.02 from a prior close of $11.24.

Nitish Kishor | 09 August 2026

Week Ahead (August 10 to 14): CPI Inflation to Seal the Fed's September Call as Applied Materials, Cisco and CoreWeave Earnings Roll In

But the rally faces its next immediate test on Wednesday, when July CPI arrives as the most consequential inflation datapoint ahead of the Fed's September meeting. Economists expect headline CPI to rise 3.4% year-on-year with core CPI at 2.5%, suggesting that Iran-driven price pressures …

Vinay Lochav | 09 August 2026

Fast-Food Chains Turn to Value Deals and Viral Gimmicks as US Traffic Declines

Traffic to quick-service restaurants in the United States declined 1.3% in the first seven months of 2026 compared with the same period a year earlier. Fast-food prices have risen a cumulative 15 to 20 percentage points more than grocery store prices over the past …

Nitish Kishor | 08 August 2026
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