
U.S. Consumer Sentiment Fell in August, Conference Board Says
The research group said its consumer confidence index fell to 89.4 from 90.2 in July as expectations for future business and labor market conditions became more pessimistic.
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The research group said its consumer confidence index fell to 89.4 from 90.2 in July as expectations for future business and labor market conditions became more pessimistic.

Target shares dropped about 5% in early trading a day after the company apologized for and rolled back a Halloween costume that critics said evoked Blackface and minstrel shows.

Transportadora de Gas del Sur is transitioning from a regulated utility to an integrated infrastructure platform, leveraging Vaca Muerta's growth across the value chain. Q2 2026 results highlight strong operating performance, robust cash flow, and segment growth, especially in liquids production and commercialization. Major projects—the $780M Perito Moreno expansion and the $3B Integrated NGL Project—are underpinned by long-term contracts, regulatory improvements, and strategic location advantages.

Thoma Bravo executives gave ground to lenders, resulting in 40 creditor-friendly changes to the deal documents for Proofpoint, including tighter limits on future borrowing and regular check-in calls. Sridhar Natarajan has more on "Bloomberg Open Interest.

WTI crude oil falls to $82 range. Investors await Nvidia's earnings.

Talley Leger is surprised to find himself more bullish than expected in 2026, highlighting a still-strong economy and neutral Fed to support his bullishness. He takes a "step back" perspective for investors and touches on how a Kevin Warsh-led FOMC opens the door for a deeper bull run.

The S&P Cotality Case-Shiller National Home Price Index rose 1.5% in the 12 months through June, compared with a 1.2% increase in May.

Stride offers a compelling risk/reward profile, driven by robust Career Learning segment growth and an undervalued forward earnings multiple. Career Learning revenue surged 19.1% with 13.9% enrollment growth, offsetting General Education declines and shifting the business mix toward higher growth. With a strong balance sheet, a $500M buyback authorization, and a supportive funding environment, I see 38% upside to a $116 price target, rating LRN a Buy.

Crude oil prices have trickled lower despite the U.S. placed new sanctions on Iran. Kevin Hincks explains what the set-up means for the macro outlook and tentative market moves.

Nvidia is the pivotal catalyst for the next phase of the AI trade, with its Q2 earnings beat magnitude set to determine sector direction. Investor skepticism has created an asymmetric risk-reward profile, favoring a sustained rally in AI stocks if Nvidia delivers a material earnings surprise.

The S&P 500 appears expensive on trailing P/E, but forward P/E and robust earnings growth—driven by AI—justify current valuations. Q2 showed that AI is already driving corporate earnings growth, while there is still a long runway for further investment in AI hardware infrastructure.

Defaults are not created equal. As the credit cycle ages, default rates will remain central to assessing credit quality, but headline comparisons between public and private markets can be misleading.

Russia is set to extend its diesel export ban through September as fuel shortages persist in the domestic market, with a number of refineries still idle following repeated Ukrainian drone attacks, three industry sources told Reuters.

Meghan Swiber, managing director of US rates strategy at BofA Securities, says the US Treasury can cut issuance at the back end of the yield curve, which she says would send a more impactful message to the market. Swiber also talks about what Fed Chair Kevin Warsh may say at Jackson Hole later this week.

Kit Juckes, chief FX strategist at Societe Generale, says the US Treasury's move to increase the purchases of long-dated bonds is “management of the market, rather than yet, something that you might call intervention of the bond market.” He speaks on “Bloomberg Surveillance.