Blockonomi

TLDR
AvalonBay and Equity Residential complete their $70B Vivmark merger deal today.
Vivmark Residential starts NYSE trading under VMRK on August 18, 2026.
Vivmark controls more than 184,000 apartments across its combined portfolio.
Vivmark starts with $4.4B in housing projects currently under construction.
Vivmark expects over $2B yearly in self-funding capacity after the merger.
AvalonBay Communities completed its merger with Equity Residential, creating Vivmark Residential with about $70 billion in enterprise value. The combined company will begin NYSE trading under the VMRK ticker on August 18, 2026. Meanwhile, AVB stock traded flat at $184.06 after earlier pre-market gains faded.
AvalonBay Communities, Inc., AVB
AvalonBay Communities Completes $70B Vivmark Merger
AvalonBay Communities and Equity Residential finalized their merger of equals and officially formed Vivmark Residential. The transaction creates a major rental housing company with an equity market capitalization near $51 billion. The combined business carries an enterprise value of approximately $70 billion.
Vivmark now controls more than 184,000 rental apartments across its combined residential portfolio. It also has more than 11,100 apartments currently under construction across 33 communities. The merged company enters the market with significant operating scale and development capacity.
Vivmark plans to use technology, centralized services, and regional teams to improve operational performance. The company also intends to use data analytics to strengthen leasing and investment decisions. Moreover, management expects greater scale to lower operating costs and support stronger property-level margins.
Vivmark Targets Development and Operating Growth
Vivmark enters operations with approximately $4.4 billion of residential projects currently under construction. Those projects represent about 11,100 homes and provide a sizeable source of embedded growth. Meanwhile, its development rights pipeline includes another $4.2 billion of potential projects.
That future pipeline represents around 9,900 apartment homes across several targeted markets. Vivmark expects its broader regional presence to support development opportunities across more than 15 markets. In addition, management plans to combine development, acquisitions, and portfolio transactions when allocating capital.
The company also expects its larger data network to improve operating and investment decisions. Vivmark holds more than four million lease transaction data points across the combined platform. Furthermore, it maintains millions of service records and customer insights that could support property management decisions.
Vivmark Prepares for NYSE Debut Under VMRK
Vivmark expects to begin trading on the New York Stock Exchange under VMRK on August 18. The listing follows extensive integration planning between AvalonBay Communities and Equity Residential before the merger closed. Both companies also completed organizational restructuring and leadership selections before the transaction finished.
Benjamin Schall leads Vivmark as chief executive officer, while Michael Manelis serves as chief operating officer. Kevin O’Shea serves as chief financial officer, and Stephen Sterrett chairs the company’s board. Additionally, the 14-member board includes seven trustees from each former company.
Vivmark enters its first trading session with investment-grade A3 and A- credit ratings. The company expects more than $2 billion in annual cash flow and leverage-neutral self-funding capacity. Therefore, the merged platform starts operations with substantial financial resources for development, acquisitions, and other strategic investments.

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TLDR
Chevron stock climbs 1.38% after a major offshore oil discovery in Angola today.
The Block 0 well revealed a hydrocarbon column extending beyond 2,000 feet.
Chevron found more than 300 feet of net pay in the primary Pinda reservoir.
The discovery could be tied back to nearby facilities for efficient production.
Chevron continues expanding exploration across Angola, Nigeria and Namibia.
Chevron Corporation shares climbed 1.38% to $202.75 after the company confirmed a major offshore discovery in Angola. The find strengthened market momentum as CVX moved toward the session high during Monday trading. Chevron outlined plans to evaluate the discovery for development through nearby production infrastructure.
Chevron Corporation, CVX
Chevron Confirms Major Block 0 Discovery in Angola
Chevron confirmed the discovery through its subsidiary, Cabinda Gulf Oil Company Limited, which operates Angola’s offshore Block 0. The company drilled the 105-4X exploration well within the productive Lower Congo Basin. The well encountered a hydrocarbon column extending more than 2,000 feet inside the primary Pinda reservoir.
Chevron identified more than 300 feet of net pay within reservoir rock that showed strong geological quality. The discovery contains both oil and gas condensate, expanding Chevron’s resource base within its established Angola operations. The location near existing facilities could support a faster and more capital-efficient development process.
Chevron plans to assess the discovery for a possible tie-back to nearby infrastructure already operating in the region. Such an approach could reduce additional construction requirements while supporting a clearer route toward future production. The company has operated in Angola for more than 70 years and continues expanding exploration activity there.
Chevron Expands African Exploration Portfolio
Cabinda Gulf Oil Company holds a 39.2% working interest and continues operating Block 0 for the partnership. Sonangol E&P owns 41%, while TotalEnergies controls 10% of the offshore development. Meanwhile, Azule Energy holds the remaining 9.8% working interest within the producing block.
Chevron currently produces about 300,000 barrels of oil equivalent daily across its Sub-Saharan African operations. The company has also expanded exploration acreage across several regional markets during the past year. The Angola discovery adds another project to a broader strategy focused on sustaining future African production.
In Nigeria, Chevron entered offshore blocks PPL2000 and PPL2001 and later secured deepwater block PPL2010. The company also recorded exploration successes at Meji NW-1, South Delta AA, and Awodi-07 since late 2024. These projects support Chevron’s continuing appraisal program across established and emerging offshore areas.
New Acreage Supports Chevron’s Longer-Term Growth Plans
Chevron has also increased its exploration presence in Guinea-Bissau and Equatorial Guinea through additional offshore acreage. In Guinea-Bissau, the company secured three blocks, including Block 4B, which closed on August 13, 2026. Chevron obtained five reconnaissance licenses in Equatorial Guinea as part of its regional expansion strategy.
The company continues exploration work in Angola across Blocks 49 and 50, Block 33, and Block 14/23. These areas provide Chevron with several opportunities beyond the newly confirmed Block 0 discovery. Consequently, the company maintains a wide exploration pipeline across different stages of technical assessment and development planning.
Chevron is also preparing a multi-well exploration campaign across Sub-Saharan Africa over the coming months. The program includes Namibia’s Nabba-1X exploration well on PEL90, which Chevron plans to drill before year-end. Together, these projects support Chevron’s strategy of combining frontier exploration with infrastructure-linked developments across its African portfolio.

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TLDR
Viasat stock gains as Rocket Lab joins its major Space Force satellite project.
Rocket Lab will build the satellite bus for Viasat’s protected PTS-G mission.
The project targets secure, anti-jam communications for U.S. and allied forces.
Viasat’s award includes five years of satellite operations and mission support.
The deal advances a smaller, resilient GEO communications system for defense.
Viasat (VSAT) shares rose 0.51% to $83.30 as the company advanced a major U.S. Space Force satellite communications project. The company selected Rocket Lab to build a satellite bus for the Protected Tactical SATCOM-Global program. The agreement strengthens Viasat’s role in developing secure communications systems for U.S. and allied military operations.
Viasat, Inc., VSAT
Viasat Advances Space Force Satellite Program
Viasat selected Rocket Lab to support its work under the U.S. Space Force’s Protected Tactical SATCOM-Global program. Rocket Lab will provide a satellite bus based on its Lightning spacecraft platform for the planned mission. Viasat will integrate its communications payload with the spacecraft before launch and operational deployment.
The Space Force awarded Viasat a prime contract for the program on May 22, 2026. The initial Swarm 1 production order covers manufacturing, integration, testing, launch, and orbital checkout activities. Viasat will deliver one of the first small and maneuverable satellites planned for geosynchronous Earth orbit.
The PTS-G program supports the military’s shift toward smaller and faster satellite systems with stronger protection against interference. Furthermore, the Space Force wants commercial technologies to increase system resilience and expand global communications coverage. Viasat’s government space team will lead the work through its Defense and Advanced Technologies segment.
Rocket Lab Supplies Lightning-GEO Spacecraft Platform
Rocket Lab will deliver a geosynchronous version of its Lightning spacecraft platform for the Viasat satellite. The spacecraft will carry Viasat’s dual-band X-band and Ka-band communications payload for protected military communications. Rocket Lab will also supply several systems through its vertically integrated spacecraft manufacturing operations.
Those systems include command radios, solar power equipment, star trackers, reaction wheels, and supporting flight software. Rocket Lab will also provide ground software needed to manage the spacecraft during operations. Consequently, Viasat can combine its communications technology with an established satellite platform designed for demanding missions.
The combined spacecraft will provide protected connectivity in environments where communications networks face electronic interference or disruption. Viasat designed its mini-GEO architecture to support secure links across several tactical communication requirements. Meanwhile, Rocket Lab’s commercial spacecraft technology supports the Space Force’s plan for a more distributed satellite network.
Viasat Expands Role in Protected Military Communications
Viasat will use its satellite engineering experience to deliver communications technology suited for U.S. military requirements. The company has developed satellite systems serving both government and commercial communications markets worldwide. Its latest contract expands that experience into smaller geosynchronous spacecraft designed for protected tactical communications.
The Space Force issued Viasat’s award through a competitive acquisition involving two separate delivery orders. That structure supports a diversified PTS-G architecture instead of relying on a single satellite supplier. Therefore, the military can expand capacity while reducing dependence on larger and slower satellite development programs.
Viasat’s contract also includes five years of operations and sustainment services after the satellite enters service. Those responsibilities cover spacecraft control, network operations, telemetry, tracking, command functions, and cybersecurity requirements. The Rocket Lab partnership now moves the project further toward production and eventual deployment for protected global communications.

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Key Takeaways
The home improvement retailer unveils fiscal Q2 results Tuesday ahead of market open
Wall Street forecasts earnings per share of $4.73, reflecting minimal 1% yearly growth
Projected revenue stands at $47.2 billion, marking a 4.4% increase from last year
Shares have declined approximately 15% year-over-year, currently hovering near $338.70
Analysts maintain a mean price target near $376, indicating potential 13% upside
The nation’s largest home improvement retailer prepares to unveil its fiscal second-quarter financial performance Tuesday morning, with Wall Street maintaining conservative projections.
Analysts anticipate earnings per share reaching $4.73, barely edging up 1% compared to the year-ago quarter. Top-line results are projected at $47.2 billion, signaling 4.4% growth versus the prior-year period.
Shares currently trade near $338.70, reflecting a decline of roughly 15% during the trailing twelve months and showing marginal weakness since the beginning of 2026.
Wall Street’s consensus price objective hovers around $376, suggesting approximately 13% appreciation potential from present levels. Data from FactSet indicates slightly more than half of covering analysts maintain buy-equivalent ratings.
Challenges in residential real estate markets remain a persistent headwind. The ongoing affordability squeeze has significantly reduced household mobility, traditionally the catalyst for substantial renovation expenditures.
Location intelligence data corroborates these trends. Placer.ai metrics show both total customer visits and per-store traffic declined during the second quarter. These dynamics have conditioned market participants to anticipate continued underwhelming results.
Leadership uncertainty adds another layer of concern. The chief executive’s announcement of a medical leave last week has introduced additional caution among shareholders approaching the earnings event.
Competitive Landscape Performance
Home Depot’s competitors within the home furnishing and improvement category have delivered a combination of results, though tilting toward the positive.
Floor and Decor delivered 3% year-over-year revenue expansion, surpassing forecasts by 1.6%, while shares advanced 4.1% following the announcement. Arhaus achieved 7.4% revenue growth, exceeding projections by 4.9%, with its equity soaring 16.6% post-earnings.
The wider home furnishing and improvement retail sector has experienced average share price appreciation of 3.3% during the previous month. Home Depot’s stock has climbed 1.7% throughout the comparable timeframe.
Historical Performance Context
During the previous quarter, Home Depot generated revenues totaling $41.77 billion, representing 4.8% year-over-year expansion. The company marginally exceeded earnings per share forecasts while falling slightly short on gross margin metrics.
Analyst projections have demonstrated stability during the recent 30-day window, indicating expectations for a relatively predictable outcome from Tuesday’s disclosure.
The retailer maintains a solid track record of surpassing Street consensus. If Tuesday’s results mirror the first quarter’s better-than-anticipated performance, shares could reclaim some recent losses.
The equity’s valuation multiple has compressed alongside the past year’s underperformance, which certain analysts interpret as creating a more attractive risk-reward profile.
Tuesday’s financial release encompasses the fiscal second quarter period. Home Depot shares have retreated approximately 15% across the previous twelve months leading into the announcement, with the stock currently positioned around $338.70.
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Sorotan Utama
Perusahaan pertahanan raksasa RTX, unit Raytheonnya mengamankan kesepakatan besar senilai $22,9 miliar selama tujuh tahun untuk secara signifikan memperluas produksi rudal jelajah Tomahawk
Produsen chip memori Micron dan Sandisk masing-masing melonjak sekitar 6% dan 11%, didorong oleh permintaan infrastruktur AI yang kuat
Saham Nvidia dan sektor AI naik setelah proyeksi pendapatan ambisius Anthropic hingga $200 miliar pada 2028
Saham L3Harris turun setelah CEO perusahaan pertahanan Christopher Kubasik diberhentikan menyusul penyelidikan kepatuhan internal

Key Takeaways
Christopher Kubasik exited his role as L3Harris CEO effective immediately after an internal investigation revealed actions that violated company conduct standards.
The company promoted Sam Mehta to president and CEO, taking effect right away.
Shares of LHX declined approximately 3%, reaching $282.54 during Monday’s trading session.
The behavioral violations had no connection to financial matters, internal oversight systems, client relations, or business operations.
The defense contractor maintained its 2026 projections for revenue, margins, earnings per share, and free cash flow.
Shares of L3Harris Technologies (LHX) declined approximately 3% during Monday’s session after the aerospace and defense company disclosed that CEO Christopher Kubasik had resigned immediately following an internal behavioral investigation.
The shares changed hands at $282.54, representing a 3.2% decrease, even as the S&P 500 experienced only a modest 0.1% dip.
According to the company’s statement, L3Harris “became aware of certain conduct by Kubasik that was not consistent with the values of the Company as outlined in its Code of Conduct.” The organization emphasized that these behavioral matters were entirely separate from financial disclosures, control mechanisms, customer interactions, or day-to-day business performance.
After conducting a thorough review with assistance from outside legal advisors, the board of directors determined that reaching a separation agreement with Kubasik served the company’s best interests.
Lewis Hay III, who was appointed Lead Independent Director and Independent Chairman of the Board, stated: “The Board and Chris have agreed that implementing our succession plan today is the right thing to do. We thank him for his service.”
New Leadership Under Sam Mehta
The board selected Sam Mehta as the company’s new president and chief executive officer. Mehta came to L3Harris in 2023 and previously led the Space and Mission Systems division as well as the Communications and Spectrum Dominance segments, which collectively generate over 80% of the firm’s total revenues.
“I am honored by the opportunity to serve as President and CEO of L3Harris,” Mehta commented. “Today, L3Harris has a portfolio purpose-built for the future of warfare, and we are well-positioned to continue executing our focused growth strategy as The Trusted Disruptor.”
The leadership transition included two other executive changes. Lauren Barnes assumed the role of President of SMS, while Christopher Aebli became President of CSD, with both appointments taking effect immediately.
Kubasik’s tenure at the company spanned nearly a decade. He initially joined L3 Technologies in 2015, navigated the 2019 combination with Harris Corporation, assumed the chief executive position of the merged entity in June 2021, and directed the 2023 purchase of Aerojet Rocketdyne.
Performance Gaps Versus Defense Industry Competitors
At the time Kubasik took over as CEO, LHX shares traded near $215. Prior to Monday’s session, the stock had climbed roughly 35% during his leadership, though this gain lagged the S&P 500 by approximately 45 percentage points across the same timeframe.
Rob Stallard, an analyst at Vertical Research Partners, observed on Monday that “it has not escaped investors’ attention that L3 Harris Technologies’ stock has underperformed its U.S. defense peers under Kubasik’s leadership,” noting that the underperformance relative to industry competitors stands at roughly 45 percentage points over a five-year span.
Stallard expressed cautious optimism about the incoming leader: “We have high regard for Sam Mehta, who in our experience has been an effective manager and a good communicator. He may be a catalyst for closing the performance gap.”
The stock faced headwinds even before Monday’s announcement. LHX had dropped nearly 20% since conflict escalated in Iran during early March, reflecting investor concerns about potential defense budget cuts if Democrats were to regain control of the House during the 2026 midterm elections.
Notwithstanding the executive transition, L3Harris confirmed its complete 2026 financial outlook, including projections for consolidated revenue, organic growth rates, segment operating margins, GAAP earnings per share, and free cash flow generation.
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TLDR
Piper Sandler begins coverage on SoFi Technologies with Overweight recommendation and $22 target price, suggesting 19% potential appreciation.
Patrick Moley, analyst at Piper Sandler, highlights SoFi’s comprehensive financial platform as a primary catalyst, with products expanding 43% year-over-year in Q2.
SOFI shares have climbed 18% in the last three months but continue to trail by nearly 30% for the year.
Trading near $18.33, the stock carries a 22% projected compound annual revenue growth forecast from Piper Sandler spanning 2026 to 2028.
Consensus remains cautious on Wall Street, with 13 out of 27 analysts maintaining Hold ratings and five recommending Sell.
On Monday, Patrick Moley from Piper Sandler launched coverage on SoFi Technologies (SOFI) with an Overweight designation and established a $22 price objective. Trading around $18.33, this target represents approximately 19% upside potential.
This optimistic stance places Moley among a small group of bulls on Wall Street. According to FactSet data, only nine of 27 analysts covering the stock recommend buying, while 13 maintain neutral positions and five advocate selling.
On Monday, SOFI shares gained approximately 0.4%, changing hands near $18.36.
Moley’s valuation methodology applies approximately 25 times his fiscal 2027 earnings projection. The firm anticipates SoFi will generate $4.89 billion in revenue and achieve earnings of 63 cents per share during 2026. Looking ahead to 2027, Piper Sandler estimates revenue reaching $6.14 billion alongside earnings of 88 cents per share.
The optimistic investment thesis centers on two fundamental elements: a substantial and underserved lending and debt-consolidation marketplace, combined with a product suite that progressively increases customer engagement.
According to CEO Anthony Noto in comments to Barron’s, current members represented over half of all new product activations during Q2. Product expansion achieved 43% year-over-year growth in the quarter, surpassing the 35% member growth rate. Moley interprets this differential as confirmation that customers are embracing multiple SoFi offerings, thereby enhancing lifetime customer value.
SoFi has diversified significantly beyond its initial lending focus. The platform now encompasses checking and savings accounts, investment products, credit cards, and insurance services. Moley characterizes this approach as a comprehensive financial services strategy aimed at strengthening customer relationships progressively.
Refinancing Opportunity
A substantial component of Moley’s investment case centers on refinancing potential. SoFi primarily serves consumers aged late 20s through early 40s who maintain strong credit profiles and carry significant credit card or student loan debt.
SoFi delivers annual percentage rates as much as 50% below conventional credit card rates. Moley contends this competitive advantage positions the company favorably to capitalize on refinancing activity as interest rates adjust, describing credit card and student loan refinancing as “two products that align closely with the liability profile” of its core demographic.
Capital and Risks
At the conclusion of Q2, SoFi maintained a total capital ratio of 18.8%, while SoFi Bank posted a 15.3% ratio. Both figures substantially exceed the 10.5% regulatory threshold, providing capacity for expanding the lending portfolio.
Piper Sandler projects 22% compound annual revenue expansion from 2026 through 2028, accompanied by 27% adjusted EBITDA growth during the identical timeframe.
Nevertheless, the firm identified multiple risk factors, including escalating credit losses, interest-rate fluctuations, value-diluting acquisitions, and substantial expenditures with limited immediate revenue generation.
Year-to-date, the stock has declined nearly 30%, pressured earlier by a short-seller publication alleging SoFi operates a “financial engineering treadmill.” Since then, shares have rebounded 18% over the preceding three-month period.
Piper Sandler characterized SoFi’s present valuation as an “attractive entry point” for investors with long-term horizons, asserting the company “deserves a premium multiple to peers” given its banking penetration and affluent customer demographic.
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Sorotan Utama
Nvidia telah berkomitmen memberikan jaminan keuangan di bawah $120 miliar untuk inisiatif pusat data OpenAI di Ohio, direvisi turun dari semula $250 miliar
Raksasa chip tersebut akan menanamkan $1,5 miliar ke SB Energy, usaha infrastruktur yang dibentuk oleh OpenAI dan SoftBank untuk fasilitas tersebut
Setiap generasi sistem AI yang dikerahkan di kampus dapat menghasilkan pendapatan $150 miliar hingga $200 miliar bagi Nvidia
Komitmen OpenAI saat ini dan yang akan datang mencakup sekitar 12 gigawatt daya komputasi Nvidia, dengan potensi ekspansi hingga 16 gigawatt

Key Highlights
VIST shares rise 5.67% following Thiel Macro’s disclosure of a $76 million investment.
The hedge fund owns approximately 1.2 million Vista Energy ADS worth roughly $76 million.
Vista ranks as Thiel Macro’s second-biggest public equity holding after Amazon.
The investment reflects Thiel’s increased focus on energy sector opportunities.
Argentina’s business-friendly reforms under Milei boost investor confidence in Vista.
Shares of Vista Energy experienced a significant rally on Monday after regulatory filings revealed that Peter Thiel’s investment vehicle had taken a substantial stake in the company. The stock advanced 5.67% to reach $72.18, demonstrating strong investor enthusiasm following the news. This disclosure underscored Thiel Macro’s strategic shift toward energy sector investments.
Vista Energy, S.A.B. de C.V., VIST
Peter Thiel’s Fund Discloses Major Investment in Vista Energy
According to a Friday regulatory filing, Thiel Macro LLC accumulated approximately 1.2 million American Depositary Shares of Vista Energy by the conclusion of the second quarter. The investment was valued at roughly $76 million based on quarter-end prices. This stake represents one of the fund’s most substantial publicly disclosed equity positions.
Within Thiel Macro’s portfolio, the Vista Energy investment trails only its Amazon holdings in terms of value. The fund maintained 495,000 Amazon shares valued at approximately $118 million as of June 30. This positioning demonstrates Vista’s importance within the fund’s overall investment strategy.
Beyond Vista, Thiel Macro initiated positions across multiple energy-focused enterprises during the quarter. New holdings included American Electric Power, DTE Energy, FirstEnergy, CMS Energy, Vistra, and X-Energy. Notably, energy and utility companies accounted for six of the seven fresh positions disclosed by the fund.
Vista’s Strategic Position in Argentina’s Vaca Muerta Basin
As Argentina’s premier independent energy producer, Vista Energy concentrates its operations on unconventional shale oil extraction. The company maintains significant operations in the Vaca Muerta formation, a critical unconventional hydrocarbon basin. Vista has grown alongside Argentina’s ambitions to boost domestic production and become a major energy exporter.
The company has committed over $6.5 billion toward Argentine operations, building out production capacity and supporting infrastructure. Leveraging Vaca Muerta’s extensive shale deposits, Vista has solidified its leadership role in the nation’s petroleum sector. Enhanced regulatory conditions have drawn increased investor interest to Argentina-focused energy enterprises.
Under President Javier Milei, Argentina has implemented sweeping economic reforms aimed at attracting international investment capital. Energy development sits at the core of this agenda, given the country’s vast reserves of petroleum, natural gas, lithium, and other strategic minerals. This policy environment has elevated Vista Energy’s visibility among global institutional investors.
Thiel’s Deepening Connection to Argentina’s Economic Future
Earlier this year, Thiel relocated with his family to Buenos Aires after departing the United States. Following his April arrival, he has cultivated relationships with key members of the Milei administration. The Vista Energy investment represents a concrete financial commitment to Argentina’s evolving energy landscape.
Since settling in Argentina, Thiel has engaged with Economy Minister Luis Caputo and Deregulation Minister Federico Sturzenegger on policy matters. He has also connected with Santiago Caputo, a key presidential adviser, as the government pursues economic transformation. Thiel previously met with President Milei himself during efforts to court foreign investment.
Following the stake disclosure, Vista Energy shares climbed 5.67% to close at $72.18, reflecting robust trading activity. The $76 million holding establishes the Argentine oil company as one of Thiel Macro’s top reported equity investments. The filing further confirms the fund’s strategic pivot toward energy infrastructure and power generation assets.

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Key Takeaways
Monday’s session saw the Dow decline 0.3% while the S&P 500 dipped 0.1%, though the Nasdaq managed slight gains
Despite headline index stability, more than 350 S&P 500 components finished lower, with technology the sole advancing sector
Semiconductor stocks outperformed significantly, with the iShares Semiconductor ETF climbing 2.7%
A packed earnings calendar features results from Walmart, Target, Home Depot, and Lowe’s
Market expectations for a September Federal Reserve rate cut dropped below 33% amid conflicting economic signals
Wall Street kicked off the week with diverging performances across major equity benchmarks as investors positioned ahead of a critical week packed with retail earnings announcements.
The Dow Jones Industrial Average retreated approximately 165 points, representing a 0.3% decline at the opening bell. The S&P 500 index shed 0.1% after logging three consecutive weekly advances. Meanwhile, the Nasdaq Composite managed a 0.2% uptick, propelled primarily by semiconductor sector strength.
E-Mini S&P 500 Sep 26 (ES=F)
Beneath the Surface: A Market Under Pressure
Monday’s top-line figures masked significant underlying weakness across the broader equity landscape. Despite the S&P 500 trading near unchanged levels, over 350 of its constituent stocks posted declines.
The Invesco S&P 500 Equal Weight ETF, which provides balanced exposure across all index members, dropped 0.6%. This divergence between the market-cap-weighted benchmark and its equal-weight counterpart underscores the concentration of strength in a handful of mega-cap stocks.
Technology emerged as the sole S&P 500 sector finishing in positive territory. The iShares Semiconductor ETF rocketed 2.7% higher, while exchange-traded funds tracking software companies and the Magnificent Seven both registered losses.
Market participants seem to be shifting capital back toward artificial intelligence-themed investments during the current quiet period. Meanwhile, the majority of equities are struggling to maintain upward momentum.
Spotlight on Consumer Spending and Monetary Policy
Market focus this week centers squarely on earnings releases from major retailers. Walmart, Target, Home Depot, and Lowe’s will all unveil quarterly financial results. These reports will provide crucial insights into consumer spending patterns throughout the back-to-school shopping period.
Simultaneously, market participants have dialed back their forecasts for a Federal Reserve interest rate reduction at the September meeting following the Jackson Hole symposium. The probability has fallen to under one-third, reflecting the uncertainty created by inconsistent inflation and employment data.
Wednesday brings the release of Federal Open Market Committee meeting minutes from the most recent gathering. These documents may shed additional light on policymakers’ current thinking regarding the trajectory of interest rates.
Oil prices remain a factor in the broader market equation. Brent crude futures climbed to $88 per barrel Monday as geopolitical tensions in the Middle East continue influencing US energy policy considerations.
Government bond yields maintained their upward trajectory. Both the 10-year and 30-year Treasury yields pushed higher, reflecting ongoing investor concerns about escalating federal debt levels.
The S&P 500 entered Monday’s trading session riding a three-week winning streak. However, the session’s performance indicates that bullish momentum may be losing steam beyond a concentrated group of technology and semiconductor names.
With the economic calendar relatively light until Wednesday’s Fed minutes publication, quarterly results from major big-box retailers are poised to dictate market sentiment throughout the coming days.
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Sorotan Utama
Bitmine Immersion Technologies mencatat kenaikan saham sebesar 4% pada 17 Agustus, mencapai $18 per saham setelah aktivitas buyback terbaru
Perusahaan melaksanakan pembelian kembali saham sebanyak 1,7 juta saham selama pekan yang berakhir pada 14 Agustus
Akumulasi buyback telah melampaui 20,8 juta saham sejak Juli 2026 di bawah otorisasi senilai $4 miliar
Portofolio Ethereum kini berjumlah 5,82 juta token, mewakili 4,8% dari pasokan ETH yang beredar dengan valuasi $1.893
Aset konsolidasian mencapai $11,4 miliar, dengan 5,06 juta ETH yang dipertaruhkan senilai $9,6 miliar

Key Highlights
Alibaba introduced Qwen3.8-27B, a consumer-friendly AI model optimized for laptops and standard hardware
The platform achieved 3 million Hugging Face downloads just three days after its August 14 debut
The company made Qwen3.8 Max weights publicly available, enabling free downloads for developers
Derivative models based on Qwen total 151,448 on Hugging Face, surpassing Meta’s presence by 2.6 times
BABA shares climbed approximately 2% Monday in response to these developments
Shares of Alibaba experienced a roughly 2% uptick Monday morning following the Chinese tech giant’s unveiling of a cutting-edge AI model engineered for standard consumer equipment, positioning itself as a formidable challenger to Meta’s latest open-source initiatives.
Dubbed Qwen3.8-27B, this innovative model operates efficiently on a single consumer-grade graphics card or premium laptop, requiring merely 17 GB when configured in its 4-bit quantized version. According to Alibaba, the model delivers performance exceeding that of substantially larger alternatives and competes with OpenAI’s Claude Opus 4.6 in agentic applications.
This development comes on the heels of Meta’s recent declaration to make Muse Glimmer, its laptop-compatible AI model, open-source. Meta positioned this strategy as an American counterweight to Chinese artificial intelligence advancements.
Additionally, Alibaba made the weights for its flagship Qwen3.8 Max model publicly accessible. Releasing model weights enables developers worldwide to download, operate, and customize the technology freely, forming the backbone of the open-weight AI movement.
The Qwen3.8-27B model succeeds the previous Qwen3.6-27B iteration. This latest version operates under an Apache 2.0 license, permitting both commercial applications and modifications.
Download Metrics Reveal Market Dominance
Just three days following its August 14 release, Qwen3.8-27B surpassed 3 million downloads on Hugging Face. These figures underscore a broader industry shift: models derived from Qwen now comprise 151,448 variations on the platform, representing 2.6 times the combined presence of Meta’s ecosystem.
“The company that can offer the most capable open weights models will move ahead in this race,” said Neil Shah, co-founder at Counterpoint Research.
Alibaba has maintained leadership in the open-weight AI sector for an extended period, alongside other Chinese innovators including DeepSeek and Moonshot who remain highly competitive. While Meta pioneered early open-source AI development through its Llama series, Chinese developers rapidly overtook their progress.
“Meta’s own re-embrace of open weights was itself a response to two years of Chinese labs taking a large share of the open-weight market,” said Nick Patience, AI lead at Futurum Group.
Local Processing Emerges as Critical Competitive Arena
The introduction of Qwen3.8-27B demonstrates the direction of industry evolution. Executing AI models locally on consumer devices instead of centralized data centers delivers enhanced speed and superior privacy protection. Industry experts identify on-device AI as the emerging critical competitive frontier.
Shah from Counterpoint Research characterized it as the “next battleground” among AI developers. Patience from Futurum Group noted that Alibaba has established commanding advantages in both open-weight and local-processing AI segments.
“Alibaba has made Qwen the most credible non-US model family to build hardware relationships around, in China and in the open-weight developer community globally,” Patience said.
The technology hasn’t escaped scrutiny entirely. Several observers point out that its dense architectural design results in slower execution speeds when compared to models employing a “mixture of experts” methodology. Nevertheless, its capability to function on a single GPU has captured widespread interest.
“The fact that a 17 GB file can do all of this stuff on my home machines is a miracle,” UK software engineer Simon Willison posted on Reddit.
BABA stock was trading up approximately 0.38% during Monday’s session, following initial gains of around 2% at market open.
The post Alibaba (BABA) Stock Climbs as Groundbreaking On-Device AI Model Surpasses Meta appeared first on Blockonomi.

Key Takeaways
Appaloosa reduced its Alibaba holdings by 12% and completely dumped JD.com, PDD Holdings, and the KWEB China internet ETF
The hedge fund boosted its Baidu position by 14%, maintaining targeted exposure to Chinese markets
Tepper liquidated his entire SanDisk position following a 591% gain and reduced holdings in Micron and AMD
Amazon emerged as the portfolio’s top holding with 5 million shares valued above $1.1 billion
New investments include CoreWeave shares and expanded positions in power generators Vistra and NRG Energy
Billionaire hedge fund manager David Tepper’s Appaloosa Management disclosed significant portfolio changes in its Q2 2026 13F filing submitted on August 14. The document reveals strategic shifts away from Chinese equities and semiconductor manufacturers toward artificial intelligence infrastructure and energy providers.
Narrowing China Exposure With Precision
Appaloosa reduced its Alibaba holdings by approximately 12% during the quarter and liquidated entire positions in JD.com and PDD Holdings. The fund also dumped the KraneShares CSI China Internet ETF, eliminating its broad-based Chinese internet sector exposure.
However, this wasn’t a complete Chinese market retreat. Appaloosa increased its Baidu holdings by approximately 14%, signaling the search giant remains Tepper’s preferred China play.
These adjustments demonstrate a shift toward selective Chinese investments rather than wholesale market abandonment. The total number of disclosed positions dropped from 31 to 27, even as the portfolio’s aggregate value climbed from $5.9 billion to $7.7 billion.
From Semiconductors to AI Infrastructure
Within the technology sector, Tepper completely divested his SanDisk holdings after capturing a remarkable 591% return. He reduced Micron holdings by 690,000 shares while maintaining 975,000 shares worth more than $1.1 billion. Positions in Advanced Micro Devices and Qualcomm were also trimmed.
Rather than abandoning artificial intelligence, these proceeds were redeployed into different segments of the ecosystem.
Appaloosa purchased 680,000 additional Amazon shares, bringing the total to 5 million shares—now the fund’s largest publicly disclosed holding. Taiwan Semiconductor Manufacturing received additional investment, as did Nvidia.
Most notably, Tepper initiated a position in CoreWeave by acquiring 1,078,248 shares valued at approximately $107 million. The AI infrastructure company has secured a reported $104 billion revenue backlog.
Positioning for the Electricity Demand Surge
The filing’s most significant insight may be Tepper’s expanding wager on electrical power generation.
Appaloosa increased stakes in both Vistra and NRG Energy, independent power producers serving data center facilities. Despite surging chip stocks, Vistra has declined nearly 8% year-to-date while NRG has dropped almost 20%.
Vistra recently launched Helix Digital Infrastructure in partnership with Nvidia, KKR, and the Kuwait Investment Authority. NRG has allocated $3.2 billion toward constructing a 1.2-gigawatt Texas facility for a major cloud provider, with projections of $500 million in annual EBITDA.
Department of Energy forecasts suggest data centers could consume 12% of total U.S. electricity by 2028.
Tepper’s strategy suggests conviction that regardless of which companies dominate AI chip production, all will require massive power infrastructure. Vistra currently trades at roughly 16 times forward earnings while NRG trades at 14 times—substantial discounts compared to semiconductor manufacturers.
This 13F filing captures holdings as of June 30, 2026. Current positions may differ from those reported.
The post Tepper’s Appaloosa Slashes China Holdings While Betting Big on Amazon and AI Power Infrastructure appeared first on Blockonomi.

Sorotan Utama
Saham ASST naik 2,96% setelah perusahaan mengakuisisi 79 Bitcoin tambahan.
Cadangan Bitcoin Strive kini mencapai 20.246 BTC setelah pembelian terbaru.
Manajer aset tersebut membayar sekitar $63.231 per Bitcoin untuk akuisisi 79 BTC.
Cadangan kas tetap sebesar $154,8 juta setelah ekspansi cadangan Bitcoin.
Merger Semler Scientific memperkuat pendekatan akumulasi aset digital Strive.
Strive, Inc. mengalami kenaikan harga saham sebesar 2,96% menjadi $12,68 setelah pengumuman ekspansi cadangan Bitcoin. Perusahaan manajemen aset yang diperdagangkan di Nasdaq memperoleh 79 Bitcoin pada pekan yang berakhir pada 14 Agustus. Transaksi ini membawa posisi Bitcoin kumulatif Strive menjadi 20.246 BTC.

Key Takeaways
Wells Fargo has adjusted its economic projections, anticipating higher inflation and interest rates for 2026 and 2027
The financial institution predicts the Federal Reserve will maintain its benchmark rate at 3.50%-3.75% until the end of 2026
Elevated energy prices, tariff policies, and supply-chain disruptions are fueling persistent inflation expectations
Chief economist Tom Porcelli emphasizes that supply-side inflation pressures cannot be addressed through rate increases
Newly appointed Fed Chair Kevin Warsh is anticipated to adopt a measured, observational stance on monetary policy
Wells Fargo has released an updated economic forecast, increasing its projections for both price growth and borrowing costs. The financial institution anticipates inflationary pressures will persist longer than previously anticipated.
The updated projections extend through 2026 and 2027. Core price increases are forecast to remain stubborn, with the bank anticipating minimal advancement in reducing overall price levels.
Factors Behind Elevated Inflation Projections
The bank identifies three primary drivers behind its revised forecasts: escalating energy expenses, implementation of new tariff measures, and persistent supply-chain challenges.
These factors represent supply-side constraints, indicating they elevate costs through production disruptions rather than excessive consumer spending. Tom Porcelli, Wells Fargo’s chief economist, has consistently emphasized that this category of inflation cannot be effectively addressed through monetary tightening.
Porcelli articulated this position most recently in early August. He contended that tariff implementations and oil price volatility represent structural challenges that higher borrowing costs cannot remedy.
Additionally, increased demand for workforce, raw materials, and infrastructure related to artificial intelligence expansion is contributing to the inflationary environment. This dynamic is sustaining elevated services sector price growth.
Federal Reserve Policy Expectations
The bank anticipates the federal funds rate will remain at its present 3.50%-3.75% target level through the conclusion of 2026. This represents a departure from earlier projections that had anticipated moderate rate reductions.
Those previous expectations were abandoned as inflation figures consistently exceeded forecasts. Multiple other financial institutions have implemented comparable revisions, scaling back their rate reduction predictions.
Kevin Warsh, the new Federal Reserve Chair, is expected to maintain a deliberate approach. The bank characterizes his stance as prudent and observational, without clear indications favoring either policy tightening or easing.
A limited number of market observers have suggested the possibility of a rate increase later in 2026. Wells Fargo considers this a fringe perspective rather than its primary scenario.
Recent Federal Reserve policy meetings have reinforced the consensus for maintaining current rates. Market pricing also reflects expectations for minimal immediate policy adjustments.
Any significant policy modification is not anticipated before 2027. This means elevated borrowing costs will continue, creating challenges for businesses reliant on affordable credit for expansion.
For fixed-income market participants, the stable rate environment offers increased certainty. Investment instruments can be valued against a more predictable framework rather than fluctuating central bank policy expectations.
While declining energy costs are still projected to provide some relief in 2027, Wells Fargo characterizes that benefit as modest. The bank’s overarching assessment is that the post-pandemic disinflation trend has concluded, with sustained inflation representing the current economic reality.
The post Wells Fargo Projects Fed Will Keep Interest Rates Steady Until 2027 appeared first on Blockonomi.

Key Takeaways
Shares of NexGen Energy climbed over 7% following confirmation of ongoing discussions with BHP regarding the Rook I uranium initiative.
CEO Leigh Curyer disclosed an active technical exchange with BHP, which has acquired property adjacent to the Rook site in Saskatchewan.
Construction commenced on Rook I this past Thursday, with anticipated operations beginning in 2030.
NexGen intends to secure $1 billion in funding within nine months through various mechanisms including prepayment agreements, financing arrangements, and equity investments.
BHP previously assessed a potential takeover of NexGen during Mike Henry’s tenure as chief executive.
Shares of NexGen Energy experienced a substantial rally of more than 7.6% during Monday’s trading session following a Reuters disclosure that the Canadian uranium producer maintains ongoing discussions with BHP concerning its Rook I development in Saskatchewan.
During a media conversation, NexGen’s chief executive Leigh Curyer acknowledged the partnership, explaining that both organizations maintain transparent communication regarding technical matters. Curyer pointed out that BHP has acquired substantial acreage neighboring the Rook development within the Athabasca basin.
“We always speak to them. We have a very open dialogue in terms of technical information,” Curyer told Reuters.
Construction activities at Rook I officially began this past Thursday. The development is positioned to emerge as one of the planet’s most significant uranium facilities and is slated to commence operations around 2030.
To finance construction activities, NexGen plans to secure $1 billion in capital within the coming nine months. Funding strategies under consideration encompass advance payment arrangements with energy providers, project financing, and direct ownership stakes.
BHP’s attention toward NexGen isn’t recent news. During Mike Henry’s time as chief executive, BHP’s corporate development division analyzed a potential takeover of NexGen in the previous year, based on information from two individuals with knowledge of the situation.
Brandon Craig, BHP’s current chief executive who assumed leadership on July 1, has indicated his intention to conduct a “really good look” at uranium opportunities. One shareholder reported to Reuters that Craig recognized that “scale was hard” within this particular sector.
NexGen’s valuation has increased twofold during the past twelve months to approximately C$9.68 billion. This significant appreciation has prompted certain investors to wonder whether the enterprise has grown too costly for BHP to pursue an acquisition.
Athabasca Basin: A Premier Global Uranium Region
The Athabasca basin in Canada contains the planet’s most extensive confirmed uranium reserves at exceptional concentrations, as stated by Canada’s natural resources department. NexGen represents one of multiple mining operations advancing developments in this territory, including Denison and Paladin.
BHP has already established an expanding footprint in Saskatchewan, where the company is constructing the globe’s most extensive potash facility. Additionally, the corporation generates approximately 5% of worldwide uranium output as a secondary product from its Olympic Dam copper activities in South Australia.
Growing Uranium Market Outlook
Uranium consumption is being propelled by the accelerated growth of data processing facilities and governmental initiatives to expand energy portfolios in the aftermath of the Iran war. Investment firm Canaccord projects uranium consumption to increase threefold by 2035 compared to 2025 figures.
Canadian entrepreneur and television figure Kevin O’Leary served as master of ceremonies at the Rook I construction commencement event, describing the initiative as a “great energy story.”
BHP representatives chose not to provide commentary on the Reuters disclosure.
NXE shares were registering gains of 6.81% according to the most recent market data, while BHP advanced 1.39%.
The post NexGen Energy (NXE) Stock Climbs 7% Following BHP Partnership Discussions appeared first on Blockonomi.

Sorotan Utama
Ark Invest membeli saham Cloudflare senilai $29,9M setelah lonjakan 16% yang didorong oleh laba kuartal kedua yang mengesankan
Perusahaan investasi menanamkan $26,9M ke posisi Nvidia yang tersebar di beberapa portofolio Ark
Investasi signifikan dilakukan pada Cerebras Systems ($24,5M) dan Rocket Lab ($23M)
Divestasi terbesar Ark adalah Deere sekitar $60M, diikuti oleh Shopify sebesar $22,8M
Kelipatan Price-to-Sales Cloudflare saat ini sebesar 44,25x menunjukkan bahwa GuruFocus menilainya 68,7% di atas nilai wajar

Key Takeaways
Goldman Sachs pinpointed 20 Russell 1000 companies positioned to gain the most from AI-powered labor efficiency improvements
During Q2 2026, merely 2% of S&P 500 firms provided specific quantification of AI’s earnings impact, matching Q1 levels
Companies building AI infrastructure have contributed approximately 50% of total S&P 500 earnings per share expansion year-to-date
Current AI inference expenditures represent under 0.5% of aggregate S&P 500 revenues, though Goldman notes rapid growth in corporate spending
Research from academic institutions referenced by Goldman demonstrates 20-30% productivity improvements in sectors deploying generative AI technology
According to [[LINK_START_0]]Goldman Sachs[[LINK_END_0]], artificial intelligence’s profit impact continues to concentrate primarily within infrastructure providers rather than dispersing across the wider market. However, analysts believe this dynamic is approaching an inflection point.
Research conducted by a team headed by strategist Ben Snider revealed that when excluding “other income” generated from private equity holdings, second-quarter 2026 earnings per share climbed 31% compared to the prior year. Infrastructure companies focused on AI represent approximately half this expansion, while the typical S&P 500 constituent posted 14% EPS growth.
Notwithstanding robust performance figures, Goldman emphasizes that AI adoption’s influence on corporate profitability remains limited in scope. A mere 11% of S&P 500 members provided quantified AI productivity enhancements linked to particular applications. Just 2% reported AI generated measurable earnings contributions, virtually unchanged from the first quarter of 2026.
According to Goldman’s analysis, Q2 earnings data revealed no statistically significant variance in profit growth between firms citing AI productivity advances and companies making no such claims.
Nevertheless, the investment bank anticipates an approaching transformation. Corporate AI investments have surged dramatically during recent months. Goldman calculates that AI inference expenditures currently total less than 0.5% of combined S&P 500 revenues, while highlighting accelerating spending patterns evidenced by the Ramp AI Index tracking monthly outlays per worker.
Goldman’s Methodology Explained
Goldman’s selection process examined Russell 1000 constituents using two primary criteria: labor expenses expressed as a percentage of total revenue, and the portion of each firm’s payroll susceptible to AI-driven automation, leveraging occupation-specific information from workforce intelligence provider Revelio Labs.
Qualifying companies needed to place within the upper 50% of their respective sectors across both metrics and required documented AI discussion related to productivity or operational efficiency during Q2 or Q1 earnings presentations. Goldman deliberately omitted firms already featured in its AI infrastructure or AI disruption vulnerability portfolios.
The 20 highest-ranked companies by composite scoring include CoStar Group, Dollar Tree, eBay, Arthur J. Gallagher, Brown and Brown, Axon Enterprise, Trade Desk, CMS Energy, Jacobs Solutions, Edison International, Aon, Marsh and McLennan, Kimberly-Clark, Willis Towers Watson, Airbnb, Iron Mountain, CBRE Group, RTX, Boeing, and Expedia.
Findings and Implications
CoStar Group achieved the highest composite ranking, featuring 37% AI automation exposure across its employee compensation structure and labor expenditures comprising 31% of total revenues. eBay and Dollar Tree similarly secured positions near the list’s apex.
Goldman’s economics division references scholarly studies documenting 20-30% productivity enhancements within domains already implementing generative AI solutions. Sectors demonstrating elevated AI integration rates are beginning to exhibit preliminary evidence of accelerated productivity expansion in official U.S. economic statistics.
Market participants currently maintain stronger interest in AI infrastructure companies. Goldman suggests this emphasis may transition as AI technology adoption broadens and efficiency improvements become visible in quarterly earnings announcements throughout upcoming reporting periods.
The post Goldman Sachs Reveals 20 Stocks Poised to Profit from AI Cost Savings appeared first on Blockonomi.

Key Takeaways
Shares of Fermi (FRMI) slid 4.3% Monday following the company’s disclosure of a federal court subpoena concerning its Project Matador data center development in western Texas.
The U.S. District Court for the Eastern District of New York has requested documentation regarding previous members of Fermi’s executive leadership, alongside a parallel SEC document inquiry.
Manufacturers Life Insurance liquidated 374,995 FRMI shares, reducing its position by 81.7% during the first quarter.
The company recently finalized its inaugural binding lease agreement with TensorWave for capacity of up to 650 megawatts, and appointed Lee McIntire to the CEO position last week.
Shares traded at $6.40, significantly beneath the 52-week peak of $36.99, as Wall Street forecasts an annual loss of $0.33 per share.
Fermi (FRMI) experienced a 4.3% decline Monday after revealing receipt of a subpoena from the U.S. District Court for the Eastern District of New York. The legal demand seeks documentation pertaining to Project Matador, the company’s data center facility currently under construction in west Texas.
The court order additionally requests materials associated with past executives of Fermi’s leadership structure. The Securities and Exchange Commission has issued a comparable documentation request, based on a regulatory filing submitted Friday.
Trading commenced at $6.40 Monday, representing a decline from Friday’s close which already reflected approximately 3% losses. This current valuation represents a substantial retreat from the stock’s 52-week peak of $36.99.
The regulatory scrutiny compounds an already challenging period for the organization. Toby Neugebauer, company co-founder and previous chief executive, departed in April, with difficulties in obtaining a primary tenant for Project Matador contributing to his exit. The board subsequently appointed Lee McIntire, previously serving as an independent director, to the CEO role last Wednesday.
Initial Major Tenant Agreement Finalized
Notwithstanding the regulatory complications, Fermi achieved a significant milestone last week. The organization executed its inaugural binding lease arrangement with AI-computing company TensorWave for capacity reaching 650 megawatts. This agreement represents Project Matador’s first confirmed anchor client.
Construction company Hillcore has been contracted to develop a 2.6-gigawatt natural gas-powered generation facility at the Matador location in Amarillo, Texas. According to Fermi’s projections, 640 megawatts should become operational by the fourth quarter of 2027.
The company has indicated that Project Matador’s ultimate capacity could reach 17 GW.
Major Shareholders Exit While Analysts Slash Targets
Manufacturers Life Insurance dramatically reduced its Fermi holdings by 81.7% during Q1, disposing of 374,995 shares while maintaining only 83,805 valued at approximately $489,000. While several smaller institutional investors initiated new positions in Q4, the substantial selling from major stakeholders remains notable.
Company insiders have similarly been reducing their stakes. Director James Richard Perry, who co-founded the enterprise with former Texas Governor Rick Perry, disposed of 863,637 shares on June 30 at an average price of $7.31, totaling more than $6.3 million. Insider Mesut Uzman liquidated 79,509 shares on June 3 at $6.31. Throughout the past 90 days, corporate insiders have sold over 1 million shares valued at approximately $7.3 million.
Regarding analyst coverage, perspectives remain divided. Stifel Nicolaus reduced its price target from $29 to $17 while maintaining a “buy” recommendation. Mizuho lowered its target from $27 to $11 while sustaining an “outperform” rating. UBS revised its stance from “buy” to “neutral” with a $6 price objective. The analyst consensus stands at “Moderate Buy” with an average target of $20.67.
Fermi disclosed Q2 earnings showing a loss of $0.04 per share, surpassing the consensus estimate of -$0.06. However, analysts continue to project a full-year loss of approximately $0.33 per share.
The organization reports having secured more than $431 million in capital financing and completed delivery of three F-Series turbines pursuant to its 90-day operational milestones. The stock’s 50-day moving average currently stands at $7.20.
The post Fermi (FRMI) Stock Slides 4.3% Following Federal Subpoena Over Texas Data Center Development appeared first on Blockonomi.

Intisari
Kolaborasi WorldClaw mengintegrasikan stablecoin USD1 milik World Liberty dengan pasar model AI.
Hampir setengah dari 90 model AI yang tersedia dari WorldClaw berasal dari perusahaan teknologi Tiongkok.
Berbagai pengembang Tiongkok di platform tersebut menghadapi penetapan Pentagon dan pembatasan dari Departemen Perdagangan.
World Liberty, dengan kepemilikan 38% dari keluarga Trump, menghasilkan pendapatan dari adopsi USD1.
Kemitraan menciptakan ketegangan antara akses AI komersial dan kebijakan keamanan nasional AS.
Kemitraan baru antara World Liberty Financial dan WorldClaw, sebuah pengumpul kecerdasan buatan (AI) yang berbasis di Hong Kong, telah mendorong ventura kripto yang terkait dengan Trump ke pusat perdebatan yang sedang berlangsung tentang akses teknologi Tiongkok. Kolaborasi ini memungkinkan pelanggan membayar model AI Tiongkok dan Amerika menggunakan stablecoin USD1 milik World Liberty, sehingga memunculkan pertanyaan tentang kepatuhan terhadap kerangka keamanan yang terus berkembang.