KGWV · U.S. MARKET INTELLIGENCE
People familiar with the matter said OpenAI's annualized revenue, based on its current performance, is expected to exceed $40 billion. That would be roughly double its level at the end of 2025 and could support the company's plans for a Wall Street listing. Op…
Following favorable news on the latest U.S. producer price index data, the S&P 500 could challenge its record high again after the U.S. market opens later Thursday. As of publication, Nasdaq-100 Index futures for the 2609 contract were up 0.19%, S&P 500 future…
LG and Nvidia signed a memorandum of understanding covering robotics, AI factories and mobility technology.
U.S. drone-related stocks Unusual Machines and Ondas rose more than 8% and 2%, respectively, in overnight trading, according to CLS US Stock Subject. The United States will impose tariffs on imported drones and drone components.
Cleveland Federal Reserve Bank President Beth Hammack said she is focused on three areas that could affect U.S. financial stability, including leverage in the Treasury market. Hammack made the comments Thursday at an event in Dayton, Ohio. “We have a lot of ou…
U.S. Treasuries rallied after a softer-than-expected July producer price index reading. Falling oil prices added to the gains as traders assessed reports about shipping through the Strait of Hormuz. Long-dated Treasuries lagged, steepening the yield curve both…
Fitch Ratings confirmed the United States’ long-term foreign-currency debt rating at AA+. S&P Global Ratings’ long-term foreign-currency rating for the United States is AA+u, with a stable outlook.
Applied Materials, a U.S. chip-equipment supplier, issued guidance for its fiscal fourth quarter after the U.S. market closed Thursday. Revenue in its fiscal third quarter exceeded market expectations, while its fourth-quarter revenue outlook also topped Wall…
Multiple U.S. sources said President Donald Trump was forced to switch aircraft last month after a security threat alert. Central Intelligence Agency officials, however, assessed the Israeli intelligence behind the warning as having low credibility. In early J…
Goldman Sachs said Japan’s largest foreign-exchange intervention in 15 years triggered a sharp reduction in tactical yen carry-trade positions, exceeding the initial unwinding that followed the July 2024 intervention. However, strategist Karen Reichgott Fishma…