KGWV · U.S. MARKET INTELLIGENCE
AI application software stocks surged broadly amid reports that Workday is being acquired. Cloudflare and MongoDB rose more than 6%, while Palantir and Salesforce gained more than 4%. AppLovin and ServiceNow climbed more than 3%. The iShares Expanded Tech-Soft…
Dell shares reached an intraday record of $514.00 on Thursday, extending the company’s gains in 2026. The rise is good news for founder and CEO Michael Dell, whose wealth increase this year ranks second globally. Michael Dell has been one of the world’s fastes…
Fitch Ratings affirmed the United States’ AA+ credit rating and stable outlook, citing the country’s enormous economic scale and the dollar’s status as the world’s reserve currency. However, the fiscal deficit remains elevated, and Washington has so far taken…
Japanese stocks may rise after the release of U.S. wholesale price data on Thursday eased concerns about a potential Federal Reserve rate hike. Nikkei futures traded on the Singapore Exchange rose 1.4% to 69,310. The dollar was at 159.47 yen, compared with 159…
The Federal Reserve said Thursday that it would not buy U.S. Treasury bills for reserve-management purposes over the coming period, indicating that policymakers believe bank reserves in the financial system are at an appropriate level. According to the Federal…
Apple CEO Tim Cook joined U.S. Commerce Secretary Howard Lutnick and other government officials Wednesday at the unveiling of Apple's new manufacturing facility in Houston, Texas. Apple said the facility will begin producing Mac mini desktop computers later th…
South Korea’s import prices fell for a second consecutive month in July, as a stronger won and lower oil prices amid continued turmoil in the Middle East weighed on the index, the Bank of Korea said Friday. The central bank’s preliminary data showed that impor…
AMD is issuing a record $4.75 billion in bonds as strong demand for artificial intelligence continues to drive massive financing.
U.S. stocks rose Thursday and Treasury yields fell as further evidence of easing inflation reinforced investors’ expectations that the Federal Reserve will not raise interest rates next month. After two consecutive sessions of gains, the S&P 500 reached a reco…
Fitch Ratings affirmed the United States’ long-term foreign-currency debt rating at AA+ and warned that continued increases in debt could leave the economy vulnerable to future economic shocks. Fitch said the U.S. government has “not yet taken meaningful actio…