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Source: PYMNTS News Agency
4 weeks ago
General Medium Importance AI Analyzed
Dormant Crypto Wallets Begin Moving Millions in Bitcoin

Dormant Crypto Wallets Begin Moving Millions in Bitcoin

Bitcoin wallets that had laid dormant for more than a decade are being revived. Six wallets that were last active between 2011 and 2014 moved around $40 million in the cryptocurrency between Aug. 16 and Aug. 26, CoinDesk reported Sunday (Aug. 30), citing data from Galaxy Research.

Source: PYMNTS
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Source: Reuters News Agency
4 weeks ago
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Oil jumps more than 2% after US attack on Iran's Larak island

Oil jumps more than 2% after US attack on Iran's Larak island

Oil prices jumped more ​than 2% on ‌Monday, with Brent back above $90 a ​barrel, after ​U.S. forces struck two ⁠Iranian launchers ​on Iran's Larak island in ​the Strait of Hormuz on Sunday, the ​first known ​American strikes on the Gulf ‌nation ⁠since late July.

Source: Reuters
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Source: Schwab Network News Agency
4 weeks ago
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AI Buildout Reaches $1.5T in Leases: Risks Behind Massive Obligation from Big Tech

AI Buildout Reaches $1.5T in Leases: Risks Behind Massive Obligation from Big Tech

The AI buildout comes with about $1.5 trillion in lease obligations, according to Mona Dajani, who discusses how these numbers can shift if the AI outlook takes a sudden turn. She believes the AI race will only accelerate, though it's important to keep certain risks in mind as hyperscalers and other companies write contracts for their own data centers.

Source: Schwab Network
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Source: Seeking Alpha News Agency
4 weeks ago
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Acushnet Holdings: Great Potential As Golf Fever Rises, But Not Great Enough For An Upgrade

Acushnet Holdings: Great Potential As Golf Fever Rises, But Not Great Enough For An Upgrade

Acushnet Holdings Corp. continues to deliver strong operational performance, with Q2 revenue up 13.8% and net income surging to $124.8 million. Management raised 2026 guidance, now expecting $2.65–$2.675 billion in revenue and $450–$470 million EBITDA, reflecting robust industry demand and successful product innovation. Despite sector strength and improved profitability, GOLF remains fairly valued or expensive versus peers on most valuation metrics, limiting upside potential.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
4 weeks ago
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Perpetua: Strong Governmental And Market Support Indicate Considerable Future Upside

Perpetua: Strong Governmental And Market Support Indicate Considerable Future Upside

Perpetua Resources is buoyed by strong financial and political tailwinds as a result of its double gold antimony basket. The EXIM funding proposal has now been approved unanimously by the EXIM board, giving the company enough funding to build its Stibnite Gold Mine on favorable funding terms. The investment profile relies on the accuracy of gold price forecasts and assumes continued political support for critical mineral security, and failure of either are key points of potential vulnerability.

Source: Seeking Alpha
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Source: Bloomberg Markets and Finance News Agency
4 weeks ago
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Trump Ally Says Fed Should Hold Rates Steady

Trump Ally Says Fed Should Hold Rates Steady

Former Trump Senior Economic adviser Stephen Moore is on Bloomberg This Weekend and says inflation remains too high for the Federal Reserve to cut interest rates, breaking with President Donald Trump's repeated calls for lower borrowing costs and arguing the central bank should hold rates steady for now. Moore also warned hosts Christina Ruffini and Bailey Lipschultz that elevated oil prices and the escalating US Canada trade fight pose risks to the economy and Republicans heading into the midterm elections.

Source: Bloomberg Markets and Finance
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Source: Reuters News Agency
4 weeks ago
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Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil

Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil

U.S. President Donald Trump said on Sunday that oil ​from a recently struck deal with Venezuela ‌will be used to replenish the Strategic Petroleum Reserve, which has been drawn down sharply in recent ​years to respond to global supply ​disruptions and high fuel prices.

Source: Reuters
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Source: Seeking Alpha News Agency
4 weeks ago
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The Jobs Report May Force A September Rate Hike And Send Rates Soaring

The Jobs Report May Force A September Rate Hike And Send Rates Soaring

This week's economic data, including payrolls and JOLTS, will be pivotal for determining a potential September Fed rate hike. Inflation remains elevated, with July headline PCE at 3.7%, and labor market data signals tightening conditions and full employment.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
4 weeks ago
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A Clearer Policy Path

A Clearer Policy Path

U.S. equity markets were mixed as Warsh's modestly hawkish Jackson Hole message pushed short-term yields higher, while renewed confidence in the AI infrastructure cycle helped stabilize large-cap technology. Warsh reaffirmed the Fed's commitment to its 2% PCE inflation target, emphasized that inflation remains “quite elevated,” and kept the door open to additional rate hikes if inflation doesn't moderate. The Treasury curve flattened sharply as September hike odds jumped to near 60% from 40%. The 2-Year Yield jumped 11 basis points to the cusp of two-year highs.

Source: Seeking Alpha
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Source: Fox Business News Agency
4 weeks ago
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AMERICA GOES NUCLEAR: Radiant executive make BOLD prediction on energy source

AMERICA GOES NUCLEAR: Radiant executive make BOLD prediction on energy source

Radiant President and COO Tori Shivanandan joins 'Varney & Co.' discuss the company's contract to power military bases with portable nuclear reactors and how big tech is turning to nuclear energy to power AI data centers. 00:00 - $750M Army contract for Radiant 00:35 - How the "power plant in a box" works 01:23 - Powering data centers and the US energy grid 02:02 - Production timeline and testing at Idaho National Lab 02:52 - Manufacturing in Oak Ridge, Tennessee

Source: Fox Business
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