KGWV · U.S. MARKET INTELLIGENCE
David Kelly, chief global strategist at JPMorgan Asset Management, said the Federal Reserve should leave interest rates unchanged and predicted that inflation would gradually ease as more evidence emerges that a persistent wage-price spiral will not develop. K…
Donald Trump has been sued over a plan to sell fast-access rights to Truth Social posts, Bloomberg reported.
Bank of America’s hedge-fund clients extended their streak of net purchases of U.S. stocks to six weeks in the week ended Aug. 7, with investment reaching its highest level since 2008 after a near-record buying week, according to strategists led by Jill Carey…
At Tencent's 2026 second-quarter earnings call on Aug. 12, President Liu Chih-ping addressed the increase in the company's capital expenditures during the quarter. Tencent is making large-scale investments in computing power and has already seen clear upside p…
Tencent’s 2026 second-quarter financial report showed that Hunyuan, Yuanbao, WorkBuddy, CodeBuddy and Xiaowei, among other AI products, had an impact of 10.5 billion yuan on non-GAAP operating profit during the quarter, a marked increase from the first quarter…
U.S. President Trump is considering making new policy commitments to voters before the midterm elections, according to a senior economic adviser and a former government official, Bloomberg reported. The proposals could include calling on Congress to lower capi…
Josh Kushner and Bob Iger will acquire the Los Angeles Lakers for more than $12 billion, ESPN reported.
Major U.S. sector ETFs were mixed at the start of trading. The semiconductor ETF gained more than 2%, the global technology ETF rose nearly 2%, and the energy ETF fell nearly 1%.
Traders are still keeping positions to hedge against a possible Federal Reserve rate hike at the September meeting, with markets pricing in roughly a 50% chance of an increase after the latest U.S. inflation data came in moderate. The Consumer Price Index rele…
Latest close on August 12, 2026: $585.71 (-2.2% on the latest daily bar). HMA21 / HMA55: $581.89 / $603.78. 200DMA: $629.19. Relative volume: 0.26x the 20-day average. Latest comparable filing period: 2026 Q2 ending 2026-06-30; filed 2026-07-30. Comparable gro…