Track market-moving stories before they get noisy

In rural west Texas where oil rigs and pump jacks dot the sparse flat ​landscape, an ExxonMobil (XOM.N) contractor sits in a small office on a drilling rig, using controls on a screen to operate robotic ‌machinery and move tall steel pipes weighing roughly 2,000 pounds.

This work would usually require human overseers standing on the rig floor, the most common location for accidents on a rig.

Exxon, the largest oil producer by volume in the U.S., operates more than 30 drilling rigs in the Permian Basin, two of which are automated rigs with robotic equipment. By 2028, the company ​aims to transition half of its fleet to automated rigs to reduce the need for workers to perform potentially dangerous work and increase ​efficiency to drill wells faster, an executive told Reuters.

The Permian Basin in Texas and New Mexico, the biggest U.S. ⁠oilfield, revolutionized energy markets two decades ago when development of the shale basin turned the U.S. into one of the leading oil-producing countries. But the relatively ​quick decline rate of shale wells has prompted drillers to develop more technologies to extract the oil. Some in the industry are also concerned about when the ​Permian's production could begin to decline.

Exxon plans to grow its Permian production by almost 40% to 2.5 million barrels of oil equivalent per day by 2030. By contrast, rival oil major Chevron plans to hold production steady at about 1 million boepd, focusing instead on free cash flow.

The automated drilling rigs are part of a combination of technologies and strategies Exxon ​is using to boost production, said Bart Cahir, Exxon's senior vice president of unconventionals, in an interview on the rig.

"When we take people off the ​rig floor, those same individuals are now able to think ahead and plan for the next operation and that combination gives us efficiency," he said. "This is the productivity play."

The ‌company installed ⁠its first automated rig, supplied by drilling contractor Helmerich & Payne (HP.N), last year. It drilled two miles horizontally underground in a little over six days, the third fastest time in Exxon's history.

Exxon's use of automated rigs in the Permian and its goal of expanding the fleet has not been previously reported.

REDUCING RISK AND DRILLING MORE
On one of Exxon's automated rigs in Midland, a gate surrounds the drilling floor with a sign reading "Red Zone: Restricted Area." A drawing of the Grim Reaper illustrates the ​risk that workers face around heavy ​equipment and pressurized systems.

Where workers would ⁠usually help move columns of drill pipe over two stories tall, robotic arms now position the pipes and connect them to a drill string. This allows drilling to continue deeper into the wellbore.

Employees on the rig communicate with Exxon's ​central operations team in Houston to determine the precise movements the robotic system should make.

Removing workers from the so-called ​Red Zones allows ⁠them to focus on other operations on the rig and reduces variability in the work, meaning more feet per day can be drilled, Cahir said.

"In the history of well drilling activity, about a third of significant injuries that occur happen on the rig floor," he said. "By getting people out of that higher risk area, we're essentially ⁠eliminating that risk."

Exxon ​plans to expand automated rigs to a quarter of the fleet next year and then ​half of the fleet by 2028, Cahir said.

Exxon is also developing a suite of more than 40 technologies to double its oil recovery from the Permian by the early 2030s. The shale ​industry typically extracts just 10% of the oil in the ground due to the tight, compacted rock.

Danica Pension Livsforsikringsaktieselskab purchased a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 132,632 shares of the coffee company’s stock, valued at approximately $13,554,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Starbucks in the 2nd quarter valued at $8,504,509,000. Norges Bank acquired a new position in shares of Starbucks in the fourth quarter valued at approximately $1,232,650,000. T. Rowe Price Investment Management Inc. increased its position in Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. Bank of New York Mellon Corp acquired a new stake in Starbucks in the second quarter valued at $779,790,000. Finally, Capital World Investors increased its stake in shares of Starbucks by 9.0% in the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the period. 72.29% of the stock is owned by institutional investors.

Starbucks Price Performance NASDAQ SBUX opened at $107.08 on Monday. The firm’s 50-day simple moving average is $104.45 and its two-hundred day simple moving average is $100.43. The company has a market cap of $122.07 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51.

Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current year. Starbucks Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is 142.53%.

Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. BNP Paribas Exane lifted their target price on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a research note on Thursday, July 30th. Raymond James Financial lowered Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Scotiabank lowered shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. TD Cowen reaffirmed a “buy” rating on shares of Starbucks in a report on Tuesday, August 18th. Finally, Robert W. Baird set a $124.00 target price on shares of Starbucks in a research report on Thursday, July 30th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $110.30.

View Our Latest Stock Report on Starbucks

More Starbucks News Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Insiders Place Their Bets In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is owned by corporate insiders.

Starbucks Company Profile (Free Report)

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.

See Also Five stocks we like better than Starbucks VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over

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Compass Wealth Management LLC acquired a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 86,114 shares of the coffee company’s stock, valued at approximately $8,800,000. Starbucks accounts for about 1.7% of Compass Wealth Management LLC’s portfolio, making the stock its 13th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new position in shares of Starbucks during the second quarter valued at approximately $25,000. Finally, Entrust Financial LLC bought a new position in shares of Starbucks during the fourth quarter valued at approximately $26,000. 72.29% of the stock is currently owned by institutional investors.

Insiders Place Their Bets In related news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth A number of equities analysts recently commented on the stock. Evercore reissued an “outperform” rating on shares of Starbucks in a research note on Thursday, July 30th. Robert W. Baird set a $124.00 target price on Starbucks in a report on Thursday, July 30th. Jefferies Financial Group assumed coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating on the stock. BTIG Research reiterated a “buy” rating and issued a $115.00 price target on shares of Starbucks in a report on Friday, July 31st. Finally, Melius Research set a $110.00 price target on Starbucks in a research report on Monday, August 3rd. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.30. View Our Latest Research Report on Starbucks

Starbucks Price Performance NASDAQ:SBUX opened at $107.08 on Monday. The stock has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The firm has a 50 day moving average of $104.45 and a 200 day moving average of $100.43.

Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 142.53%.

Starbucks News Summary Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. About Starbucks (Free Report)

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.

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Biondo Investment Advisors LLC acquired a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 73,440 shares of the oil and gas company’s stock, valued at approximately $12,173,000. Chevron accounts for about 1.5% of Biondo Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CVX. Blue Capital Inc. bought a new position in Chevron during the second quarter valued at about $786,000. OneAscent Wealth Management LLC bought a new stake in shares of Chevron during the 2nd quarter worth about $973,000. Global Retirement Partners LLC acquired a new position in shares of Chevron during the 2nd quarter valued at about $14,276,000. Indivisible Partners acquired a new position in shares of Chevron during the 4th quarter valued at about $1,923,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of Chevron by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,251,102 shares of the oil and gas company’s stock valued at $258,853,000 after acquiring an additional 79,439 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts recently weighed in on CVX shares. Dbs Bank upgraded Chevron to a “moderate buy” rating in a report on Thursday, August 6th. Sanford C. Bernstein lifted their price target on shares of Chevron from $204.00 to $209.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. Zacks Research cut shares of Chevron from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Piper Sandler initiated coverage on shares of Chevron in a research note on Thursday, July 23rd. They issued an “overweight” rating and a $207.00 target price on the stock. Finally, Morgan Stanley lifted their target price on shares of Chevron from $210.00 to $218.00 and gave the stock an “overweight” rating in a report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Chevron presently has an average rating of “Moderate Buy” and a consensus target price of $207.48.

View Our Latest Stock Report on Chevron Insider Transactions at Chevron In related news, Director John B. Hess sold 710,665 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $194.10, for a total value of $137,940,076.50. Following the completion of the transaction, the director directly owned 363,711 shares of the company’s stock, valued at $70,596,305.10. This trade represents a 66.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Andrew Benjamin Walz sold 16,800 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the sale, the insider directly owned 14 shares in the company, valued at $2,814.84. This trade represents a 99.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,152,582 shares of company stock valued at $225,853,661 in the last ninety days. 0.56% of the stock is owned by company insiders.

Chevron Stock Down 0.0% CVX stock opened at $205.25 on Monday. Chevron Corporation has a twelve month low of $146.49 and a twelve month high of $214.71. The company has a market cap of $405.53 billion, a PE ratio of 19.68, a price-to-earnings-growth ratio of 0.61 and a beta of 0.49. The business’s 50-day simple moving average is $185.03 and its 200 day simple moving average is $188.17. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The firm had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. During the same quarter in the prior year, the firm posted $1.77 EPS. The company’s revenue for the quarter was up 57.4% on a year-over-year basis. On average, research analysts anticipate that Chevron Corporation will post 16.17 earnings per share for the current year.

Chevron Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Wednesday, August 19th. Chevron’s dividend payout ratio is presently 68.26%.

Key Stories Impacting Chevron Here are the key news stories impacting Chevron this week:

Positive Sentiment: Brent crude recently approached $94–$95 per barrel amid renewed Middle East tensions and concerns about Strait of Hormuz disruptions. Sustained higher oil prices typically benefit Chevron’s upstream revenue, margins and cash flow. Chevron jumps as Brent crude approaches $94 Positive Sentiment: Chevron confirmed an oil and gas condensate discovery at the 105-4X well in offshore Angola. Its proximity to existing facilities could allow a lower-cost tie-back, creating a potential source of future production. Chevron Angola discovery analysis Positive Sentiment: Chevron’s $1.78 quarterly dividend, equal to $7.12 annually and an approximately 3.5% yield, reinforces its appeal to income investors. The company also recently exceeded quarterly earnings and revenue expectations. Chevron raises dividend Neutral Sentiment: Analysis comparing Chevron with Exxon Mobil highlights differing long-term strategies, including Chevron’s continued emphasis on oil and gas. The approach could benefit from strong commodity prices but leaves CVX more exposed to future oil-demand and price cycles. Chevron versus Exxon Mobil analysis Negative Sentiment: Iraq plans to more than double its oil output over the next six years. If achieved, the added supply could pressure global crude prices and reduce the earnings benefit Chevron receives from today’s elevated prices. Iraq oil output and Chevron Negative Sentiment: Two Chevron insiders sold shares recently: Andrew Benjamin Walz sold 16,800 shares, while R. Hewitt Pate sold 2,470 shares. Although such transactions may reflect personal financial planning, they can create a modest sentiment overhang. Chevron insider sale report Negative Sentiment: A separate analysis says concerns remain centered on Chevron, including issues surrounding its Hess Midstream exposure and broader execution risks. The report may temper enthusiasm after CVX’s recent advance. Hess Midstream: The Issue Remains With Chevron About Chevron (Free Report)

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.

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Bank of Nova Scotia purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 296,063 shares of the Wireless communications provider’s stock, valued at approximately $49,659,000.

Other large investors also recently bought and sold shares of the company. Main Street Group LTD purchased a new stake in shares of T-Mobile US in the first quarter valued at approximately $25,000. JDM Financial Group LLC boosted its stake in T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 65 shares during the last quarter. Swiss RE Ltd. acquired a new position in T-Mobile US during the fourth quarter worth $29,000. Paladin Partners LLC purchased a new stake in T-Mobile US in the 2nd quarter valued at $25,000. Finally, Turning Point Benefit Group Inc. grew its holdings in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance Shares of TMUS stock opened at $183.04 on Monday. T-Mobile US, Inc. has a 1-year low of $165.66 and a 1-year high of $261.25. The firm has a market cap of $196.34 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The company has a 50-day moving average of $181.42 and a two-hundred day moving average of $193.97. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same quarter last year, the firm earned $2.84 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that T-Mobile US, Inc. will post 10.73 EPS for the current year. T-Mobile US Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio is presently 42.72%.

Analyst Upgrades and Downgrades Several research analysts have recently commented on TMUS shares. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Scotiabank dropped their price objective on shares of T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a report on Wednesday, July 15th. Bank of America upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective for the company in a research report on Monday, July 6th. Morgan Stanley decreased their target price on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Finally, KeyCorp dropped their price target on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.08.

Get Our Latest Stock Analysis on T-Mobile US

About T-Mobile US (Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

See Also Five stocks we like better than T-Mobile US VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).

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Barbara Oil Co. bought a new stake in Bristol Myers Squibb Company (NYSE:BMY – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 42,000 shares of the biopharmaceutical company’s stock, valued at approximately $2,420,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Davis Asset Management L.P. acquired a new position in shares of Bristol Myers Squibb in the 2nd quarter valued at about $27,000. Swiss RE Ltd. acquired a new stake in Bristol Myers Squibb during the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. raised its holdings in Bristol Myers Squibb by 73.5% in the fourth quarter. Physician Wealth Advisors Inc. now owns 477 shares of the biopharmaceutical company’s stock valued at $26,000 after buying an additional 202 shares during the period. Darwin Wealth Management LLC purchased a new position in Bristol Myers Squibb in the second quarter valued at approximately $25,000. Finally, Addison Advisors LLC acquired a new position in Bristol Myers Squibb during the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 76.41% of the company’s stock.

Bristol Myers Squibb Stock Up 0.1% Shares of NYSE BMY opened at $67.06 on Monday. Bristol Myers Squibb Company has a 1 year low of $42.52 and a 1 year high of $68.64. The firm has a market cap of $136.98 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 0.17 and a beta of 0.22. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.38 and a current ratio of 1.53. The stock’s 50-day simple moving average is $60.55 and its 200-day simple moving average is $59.39.

Bristol Myers Squibb (NYSE:BMY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The biopharmaceutical company reported $2.04 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.44. Bristol Myers Squibb had a return on equity of 66.90% and a net margin of 18.87%.The firm had revenue of $12.97 billion during the quarter, compared to the consensus estimate of $11.74 billion. During the same quarter in the prior year, the business posted $1.46 earnings per share. Bristol Myers Squibb’s revenue for the quarter was up 5.7% on a year-over-year basis. Bristol Myers Squibb has set its FY 2026 guidance at 6.750-7.000 EPS. As a group, equities analysts anticipate that Bristol Myers Squibb Company will post 6.95 earnings per share for the current fiscal year. Bristol Myers Squibb Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.63 per share. The ex-dividend date was Thursday, July 2nd. This represents a $2.52 annualized dividend and a yield of 3.8%. Bristol Myers Squibb’s dividend payout ratio is presently 55.51%.

Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on the stock. Truist Financial reissued a “buy” rating and issued a $70.00 price objective (up from $65.00) on shares of Bristol Myers Squibb in a research report on Friday, July 31st. Guggenheim reaffirmed a “buy” rating and set a $75.00 price target (up from $72.00) on shares of Bristol Myers Squibb in a research report on Friday, July 31st. UBS Group downgraded Bristol Myers Squibb from a “buy” rating to a “neutral” rating in a report on Wednesday, August 5th. BMO Capital Markets reissued a “market perform” rating on shares of Bristol Myers Squibb in a research report on Monday, July 27th. Finally, Raymond James Financial initiated coverage on Bristol Myers Squibb in a research note on Wednesday, August 5th. They set a “strong-buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Bristol Myers Squibb has an average rating of “Moderate Buy” and an average target price of $66.06.

Read Our Latest Research Report on BMY

Key Stories Impacting Bristol Myers Squibb Here are the key news stories impacting Bristol Myers Squibb this week:

Positive Sentiment: Bristol Myers Squibb plans to invest approximately $2.3 billion in a new Houston manufacturing facility, part of a broader $40 billion U.S. investment commitment. The project reinforces BMY’s confidence in domestic production capacity and could support long-term operational growth. Bristol-Myers Squibb Bets $2.3 Billion on Texas Positive Sentiment: BMY is collaborating with Chai Discovery on artificial-intelligence-driven antibody discovery. The partnership could help identify novel therapeutic candidates more efficiently and strengthens the company’s efforts to modernize its drug-development platform. Chai Discovery Collaboration Positive Sentiment: The company is launching a Phase 1 study of an early Alzheimer’s disease antibody. Although the program remains highly experimental, it adds another potential long-term growth opportunity to BMY’s pipeline. Early Alzheimer’s Antibody Study Positive Sentiment: Strong Eliquis performance is helping offset declines in BMY’s older products facing generic pressure, supporting a more favorable 2026 revenue outlook. Elevated call-option activity also signals increased bullish interest, though it is not a fundamental guarantee. Eliquis and Legacy Portfolio Analysis Neutral Sentiment: Early clinical work on navlimetostat shows continued pipeline activity, but the Phase 1-stage program has not yet produced efficacy data that would materially change near-term earnings expectations. Navlimetostat Study Update Negative Sentiment: Generic competition remains a key risk for BMY’s legacy portfolio. Investors must determine whether Eliquis growth and newer pipeline assets can replace revenue lost as established medicines face erosion. Legacy Portfolio Erosion Analysis Bristol Myers Squibb Profile (Free Report)

Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.

BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.

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PDD Holdings heads into second-quarter earnings on Monday with Wall Street cautious about how quickly revenue growth can translate into stronger profits.

Analysts expect roughly $17.1 billion in revenue and adjusted earnings of about $2.75 per ADS. PDD shares closed Friday at $88.38, down 1.3%, after post-Q1 price-target cuts.

The shift is not outright bearishness. Temu is expanding internationally and PDD remains one of China’s largest e-commerce platforms.

The concern is that heavy investment and weak Chinese consumption have made near-term earnings difficult to forecast.

First-quarter revenue rose 11% year over year to 106.2 billion yuan, but adjusted net income fell 17% to 14.1 billion yuan.

Sales and marketing expenses reached 33.8 billion yuan, roughly 32% of revenue, as PDD continued investing across domestic and overseas markets.

That disconnect is now central to Monday’s report.

Macquarie analyst Ellie Jiang downgraded PDD to Neutral after the quarter and cut her target to $87 from $151.

According to StreetInsider, Jiang said the firm “struggle[s] to find tangible evidence to support a sustainable near-term earnings recovery.”

Macquarie cited lacklustre consumption, aggressive e-commerce competition and continued spending on supply chains and international expansion. It noted that sales and marketing costs had risen to 32% of revenue from 29% in 2025.

The issue is not whether PDD looks cheap. Investors are struggling to determine what level of sustainable earnings should underpin that valuation.

PDD also enters earnings with its home market under pressure.

Daiwa downgraded the stock to Hold in June and cut its target to $80 from $145 after China’s 6.18 shopping festival “delivered a negative surprise.”

Overall festival gross merchandise value rose just 0.9% year over year, compared with 15% growth in 2025. Daiwa described Chinese e-commerce consumption as “weak” and the macro backdrop as “tough.”

That makes Temu’s international expansion important.

Temu can offset slower domestic growth, but building overseas scale requires spending on customer acquisition, logistics, merchant incentives and localisation.

The question is whether the economics of that growth are improving quickly enough to stop international expansion from consuming an outsized share of group profits.

Not every analyst sees PDD’s higher investment as structural deterioration.

Citi analyst Alicia Yap retained a Buy rating after the first quarter, although she cut her target to $123 from $142.

According to TipRanks, Citi attributed the revenue disappointment partly to merchant subsidies and stepped-up investment in supply chains and first-party brands.

The bank supports that strategy, arguing successful execution could improve product quality for Chinese shoppers and Temu customers overseas.

That captures the debate heading into earnings.

PDD must show how much it is spending to generate growth and when that spending can begin producing a stronger earnings payoff.

Barbara Oil Co. acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 15,000 shares of the railroad operator’s stock, valued at approximately $4,080,000. Union Pacific accounts for 1.4% of Barbara Oil Co.’s portfolio, making the stock its 21st biggest holding.

Other hedge funds also recently bought and sold shares of the company. Tiemann Investment Advisors LLC increased its stake in Union Pacific by 1.7% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock worth $576,000 after buying an additional 35 shares during the period. TFR Capital LLC. boosted its position in Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after buying an additional 36 shares during the period. Key Financial Inc grew its stake in Union Pacific by 2.1% in the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock worth $442,000 after acquiring an additional 38 shares in the last quarter. Members Trust Co grew its stake in Union Pacific by 2.5% in the 1st quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock worth $382,000 after acquiring an additional 38 shares in the last quarter. Finally, EJMK Ventures LLC grew its stake in Union Pacific by 4.0% in the 1st quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator’s stock worth $247,000 after acquiring an additional 39 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance Shares of UNP stock opened at $307.97 on Monday. The firm has a market cap of $182.96 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 3.14 and a beta of 0.96. The company’s 50 day moving average is $286.30 and its 200 day moving average is $267.83. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99.

Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.Union Pacific’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.03 earnings per share. On average, sell-side analysts anticipate that Union Pacific Corporation will post 12.93 EPS for the current fiscal year. Union Pacific Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. Union Pacific’s dividend payout ratio is 44.70%.

Insiders Place Their Bets In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth Several research firms have recently weighed in on UNP. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. BMO Capital Markets reaffirmed a “market perform” rating and set a $320.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. Robert W. Baird upped their target price on Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Benchmark increased their price target on Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Susquehanna raised their price target on Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $320.89.

Check Out Our Latest Stock Report on Union Pacific

About Union Pacific (Free Report)

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

See Also Five stocks we like better than Union Pacific VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).

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Biondo Investment Advisors LLC bought a new stake in shares of General Dynamics Corporation (NYSE:GD – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,075 shares of the aerospace company’s stock, valued at approximately $8,883,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GD. Whipplewood Advisors LLC increased its position in General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 69 shares during the period. Scarborough Advisors LLC bought a new stake in shares of General Dynamics during the 1st quarter valued at about $29,000. Wilkerson Advisory Group LLC boosted its stake in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 39 shares in the last quarter. Paladin Partners LLC purchased a new position in shares of General Dynamics during the second quarter valued at about $30,000. Finally, Center for Financial Planning Inc. raised its stake in General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock worth $31,000 after buying an additional 64 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth Several research analysts have recently issued reports on GD shares. UBS Group increased their target price on General Dynamics from $366.00 to $395.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. DA Davidson decreased their price objective on General Dynamics from $384.00 to $375.00 in a report on Thursday, April 30th. TD Cowen raised their price objective on General Dynamics from $390.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Susquehanna boosted their target price on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Finally, Royal Bank Of Canada increased their price target on shares of General Dynamics from $385.00 to $410.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, General Dynamics presently has a consensus rating of “Moderate Buy” and an average target price of $410.89.

View Our Latest Stock Analysis on General Dynamics Insider Buying and Selling In other news, EVP Marguerite Amy Gilliland sold 43,180 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $16,923,716.68. The trade was a 49.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the transaction, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. This represents a 33.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 100,228 shares of company stock valued at $38,052,853. Company insiders own 1.40% of the company’s stock.

General Dynamics Price Performance Shares of GD opened at $384.50 on Monday. The firm has a market cap of $104.03 billion, a PE ratio of 23.46, a P/E/G ratio of 2.22 and a beta of 0.32. General Dynamics Corporation has a 1-year low of $306.77 and a 1-year high of $400.00. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $374.15 and a two-hundred day simple moving average of $355.88.

General Dynamics (NYSE:GD – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $3.96 by $0.28. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The firm had revenue of $14.09 billion for the quarter, compared to analysts’ expectations of $13.52 billion. During the same quarter in the prior year, the business earned $3.74 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities analysts anticipate that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be paid a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s payout ratio is 38.80%.

General Dynamics Profile (Free Report)

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.

Featured Articles Five stocks we like better than General Dynamics VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding GD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Dynamics Corporation (NYSE:GD – Free Report).

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Allworth Financial LP purchased a new stake in shares of State Street Corporation (NYSE:STT – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,426 shares of the asset manager’s stock, valued at approximately $581,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in State Street in the 2nd quarter valued at about $4,139,389,000. Regents of The University of California lifted its position in shares of State Street by 211.2% during the 4th quarter. Regents of The University of California now owns 8,706,195 shares of the asset manager’s stock worth $1,123,186,000 after buying an additional 5,908,370 shares in the last quarter. Norges Bank bought a new position in shares of State Street during the 4th quarter worth approximately $303,483,000. Bank of New York Mellon Corp purchased a new position in shares of State Street in the 2nd quarter worth approximately $301,393,000. Finally, Pinebridge Investments LLC bought a new position in State Street in the 4th quarter valued at $178,705,000. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

State Street Price Performance STT opened at $187.22 on Monday. The company has a market capitalization of $51.43 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 0.77 and a beta of 1.41. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average price of $180.11 and a 200-day moving average price of $153.94. State Street Corporation has a twelve month low of $104.64 and a twelve month high of $195.18.

State Street (NYSE:STT – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The asset manager reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.31. The company had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.88 billion. State Street had a net margin of 15.02% and a return on equity of 15.26%. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.04 earnings per share. Equities analysts expect that State Street Corporation will post 13.75 EPS for the current year. State Street Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Thursday, October 1st will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 1st. This is a positive change from State Street’s previous quarterly dividend of $0.84. State Street’s dividend payout ratio is presently 29.63%.

Insider Buying and Selling In other news, CEO Hanley Ronald P. O sold 14,553 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $184.17, for a total transaction of $2,680,226.01. Following the sale, the chief executive officer directly owned 240,959 shares in the company, valued at $44,377,419.03. This represents a 5.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael L. Richards sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $162.14, for a total transaction of $243,210.00. Following the transaction, the executive vice president directly owned 41,827 shares of the company’s stock, valued at approximately $6,781,829.78. This represents a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 49,576 shares of company stock valued at $8,415,875. Corporate insiders own 0.27% of the company’s stock.

Analysts Set New Price Targets A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of State Street from $196.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. JPMorgan Chase & Co. raised their price objective on shares of State Street from $176.50 to $187.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Weiss Ratings raised shares of State Street from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, May 28th. Citigroup upped their price objective on State Street from $193.00 to $210.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, UBS Group set a $176.00 price objective on State Street in a report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $185.38.

Check Out Our Latest Analysis on STT

About State Street (Free Report)

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.

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Chinese automaker Xpeng (9868.HK) said on Monday its robotics unit had raised more than $900 million ​in its first funding round, setting a new ‌record for a single private financing in China's embodied AI sector.

The funding round, led by IDG Capital and backed by strategic investors ​Tencent (0700.HK) and Alibaba (9988.HK), values the robotics business at more ​than $6.3 billion, Xpeng said in a statement.

The proceeds ⁠will be used to develop robotics hardware and software, train ​and refine physical AI models, collect high-quality data, build end-to-end ​mass-production facilities, and support global expansion, the company said.

Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with ​initial deployments at its retail stores and industrial campuses. ​Commercial sales and deliveries in China and overseas markets are scheduled to ‌begin ⁠in 2027.

CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid ​robots, pushes towards ​mass production.

The ⁠robotics sector has attracted growing interest from automakers, which see parallels with intelligent vehicle development, ​including expertise in sensors, software, batteries and ​supply-chain management.

In ⁠April, Shanghai-based embodied AI startup TARS Robotics raised more than $455 million in a pre-A funding round, a deal that was ⁠then ​billed as the largest single private ​financing in China's embodied AI sector.

Bank of Nova Scotia bought a new stake in Zscaler, Inc. (NASDAQ:ZS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 253,500 shares of the company’s stock, valued at approximately $35,782,000. Bank of Nova Scotia owned about 0.16% of Zscaler at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ZS. Vanguard Group Inc. lifted its stake in shares of Zscaler by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after purchasing an additional 55,521 shares during the period. BlackRock Inc. acquired a new stake in shares of Zscaler during the second quarter worth $1,396,028,000. First Trust Advisors LP increased its holdings in Zscaler by 36.2% in the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after purchasing an additional 935,781 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares during the last quarter. Finally, State Street Corp lifted its stake in Zscaler by 3.4% in the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after buying an additional 77,800 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Performance Shares of Zscaler stock opened at $181.74 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market cap of $29.39 billion, a price-to-earnings ratio of -378.62, a price-to-earnings-growth ratio of 106.97 and a beta of 0.94. The stock’s 50-day moving average is $151.10 and its 200-day moving average is $150.19. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99.

Zscaler (NASDAQ:ZS – Get Free Report) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm’s revenue was up 25.4% compared to the same quarter last year. During the same period last year, the company earned $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities analysts predict that Zscaler, Inc. will post 0.13 earnings per share for the current fiscal year. Zscaler News Summary Here are the key news stories impacting Zscaler this week:

Positive Sentiment: KeyBanc raised its price target to $210 from a lower prior target, citing what it views as a valuation discount and potential for the cybersecurity company to regain investor confidence. KeyBanc upgrades Zscaler price target Positive Sentiment: Additional bullish analyst actions supported the stock. Mizuho lifted its price target to $210, Stifel Nicolaus raised its target to $200, and Cantor Fitzgerald assigned Zscaler an “Overweight” rating. The actions suggest Wall Street sees upside despite the stock’s sharp decline from its 52-week high. Mizuho raises Zscaler price target Stifel raises Zscaler price target Cantor Fitzgerald rates Zscaler Overweight Positive Sentiment: Rising AI-driven cyber threats reinforce demand for Zscaler’s platform. NTT DATA CEO Abhijit Dubey said frontier AI is making attacks more sophisticated, expanding the attack surface, and accelerating attacks to machine speed—an industry trend that could increase demand for cloud-based zero-trust security. AI and cybersecurity threats Positive Sentiment: Zscaler’s expanded Carahsoft partnership targets U.S. small and midsize businesses with standardized bundles, simpler pricing, and broader partner enablement. The initiative could diversify Zscaler’s customer base and create an additional growth channel beyond large enterprises. Zscaler and Carahsoft SMB partnership Negative Sentiment: AI-lab IPO speculation remains a risk to sentiment. Reports that Anthropic may pursue a massive public offering renewed concerns that investors could redirect capital from enterprise software stocks toward AI companies, contributing to recent pressure on Zscaler. Zscaler and AI IPO concerns Analyst Upgrades and Downgrades A number of equities analysts have issued reports on ZS shares. Wells Fargo & Company raised their target price on Zscaler from $180.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Stifel Nicolaus increased their price target on shares of Zscaler from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group reissued a “neutral” rating and set a $179.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Citigroup restated a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Finally, Morgan Stanley lowered their target price on shares of Zscaler from $155.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $215.36.

Read Our Latest Stock Report on ZS

Insider Buying and Selling In other news, CFO Kevin Rubin sold 503 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $147.12, for a total transaction of $74,001.36. Following the transaction, the chief financial officer directly owned 41,398 shares in the company, valued at $6,090,473.76. The trade was a 1.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the transaction, the insider owned 42,314 shares in the company, valued at $5,187,696.40. This represents a 6.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 16,269 shares of company stock worth $2,052,589. 17.20% of the stock is owned by corporate insiders.

Zscaler Company Profile (Free Report)

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.

Read More Five stocks we like better than Zscaler VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZS – Free Report).

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EUR/USD has regained ground in recent sessions, with the pair trading near 1.17 as broad-based weakness in the US dollar continues to dominate the foreign-exchange market. The main driver remains the changing monetary-policy outlook, with investors focused on whether the Federal Reserve can maintain a restrictive stance while the US economy shows signs of slowing.

The dollar faces a key test this week as Fed Chair Kevin Warsh prepares to deliver his first speech at Jackson Hole on Friday. Persistent inflation and rising long-term Treasury yields could encourage a hawkish tone, particularly if Warsh signals that rate cuts in September are far from guaranteed. Conversely, weaker US growth or softer inflation data would reinforce expectations of easier monetary policy and could extend the dollar’s decline.

In Europe, euro-area inflation rose to 2.9% in July, keeping price pressures above the ECB’s 2% target. The ECB has kept interest rates unchanged since June, but higher energy prices and renewed inflation risks could limit the scope for further easing.

With EUR/USD trading near multi-month highs, the Jackson Hole symposium and upcoming US PCE inflation data could determine whether the euro can extend its advance or whether a hawkish Fed response triggers a renewed recovery in the dollar.

Technical Analysis of EUR/USD

As the daily EUR/USD chart shows, the pair has broken decisively above the descending trendline that had capped price action since the February highs, marking a significant shift in the medium-term structure.

The pair is now trading around 1.1665, comfortably above both the 100-period EMA at 1.1546 and the 0.382 Fibonacci retracement at 1.1579. The breakout has also lifted EUR/USD away from the 1.1537–1.1495 support area, leaving the 1.1714 Fibonacci resistance level as the next major test.

Bullish Scenario If buyers can maintain control above the 1.1579 Fibonacci level and the 100-period EMA, the bullish structure remains intact.

A break above 1.1714 would open the way towards the 1.1775–1.1800 resistance zone, where previous price action has repeatedly stalled. A sustained move above this area would strengthen the case for a broader recovery and suggest that the longer-term downtrend may have been decisively reversed.

Bearish Scenario Conversely, a rejection at 1.1714 followed by a break below 1.1579 would weaken the current setup and expose the 100-period EMA around 1.1546, which is closely aligned with the 0.5 Fibonacci level at 1.1537.

A deeper decline through this confluence would bring the 0.618 retracement at 1.1495 into focus, followed by 1.1435 and the 0.786 Fibonacci level as the next downside references.

With EUR/USD testing major Fibonacci resistance after breaking above its descending trendline, the key question is whether buyers can turn the breakout into a sustained advance towards 1.1800, or whether resistance will once again send the pair back towards its key support zone.

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TD Securities’ Bart Melek notes that Gold has rallied sharply as recent U.S. Dollar weakness and concerns over Fed credibility and Treasury bond-market intervention drive fresh long positioning. Worries about America’s fiscal situation are reviving the USD debasement trade and may continue to support Gold, although a move toward TD Securities’ $5,350/oz target is still considered premature.

Fresh longs chase debasement trade"Traders added to gold exposure as the recent U.S. Dollar weakness, Fed Credibility and Treasury Bond Intervention concerns come into focus."

"Worries about America's fiscal situation are once again resurrecting the USD debasement narrative, which, in turn, is energizing gold bugs."

"Based on Treasury Dept statements, market participants believe the government bond market interference may get even more aggressive. At this stage, gold may continue to respond to the weaker USD."

"A move to our $5,350/oz target is a little premature for now."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

https://gizmodo.com/trumps-world-liberty-financial-makes-ftx-esque-move-borrows-against-its-own-crypto-token-2000745326

World Liberty Financial, a crypto venture backed by the Trump family, has received preliminary approval from the Office of the Comptroller of the Currency (OCC) for a national bank trust charter. This development could potentially disrupt efforts by the U.S. Senate to pass the Clarity Act, a significant crypto market-structure bill. The Clarity Act, which has already cleared the Senate Banking Committee, is now facing uncertainty as the Senate has adjourned without a final vote. The approval allows World Liberty Financial to manage its USD1 stablecoin under a federally chartered trust bank, subject to regulatory conditions. Pricing in prediction markets appears to reflect a decreased likelihood of the Clarity Act being signed into law this year, with the odds currently at 23.5% for a YES outcome, down from 26% just 24 hours ago.

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Key Takeaways Market pricing suggests a decreased likelihood of the Clarity Act being signed into law in 2026, now at 23.5% YES. The preliminary approval for World Liberty Financial’s trust charter could complicate the legislative process for the Clarity Act. The Clarity Act had previously gained momentum but now faces new challenges as the Senate adjourns without a vote. What to Watch Observers should monitor any developments regarding the Clarity Act’s progress once the Senate reconvenes. Key actors such as President Donald Trump and Senate leaders like Chuck Schumer and Tim Scott could influence the bill’s trajectory. Market participants may also react to any further regulatory actions involving World Liberty Financial, which could impact the legislative environment for crypto regulation. The situation remains fluid, and further announcements from political leaders will be crucial in determining the likelihood of the Clarity Act’s passage.

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Clarity Act Signed Into Law In 2026

Contract Odds Δ since publish Volume 24h January 1 2027 23.5% — — View market → What Price Will Xrp Hit In August 2026

Contract Odds Δ since publish Volume 24h September 1 2026 1% — — View market → September 1 2026 2.4% — — View market → September 1 2026 1.2% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.4% — — View market → September 1 2026 28.5% — — View market → September 1 2026 3.4% — — View market → September 1 2026 4.6% — — View market → September 1 2026 10% — — View market → September 1 2026 0.1% — — View market →

https://crypto.news/what-is-hyperliquid-how-does-it-work/

President Trump announced that the Commodity Futures Trading Commission (CFTC) is exploring a legal pathway to allow Hyperliquid, a blockchain-based perpetuals exchange, to operate in the U.S. The CFTC has reportedly directed staff to consider rules for non-registered crypto exchanges. Trump’s comments come as Hyperliquid’s native token, HYPE, has seen a 40.8% increase over the past week. The move has outperformed both Bitcoin (BTC) and Ethereum (ETH), which rose 22.5% and 30.0%, respectively, during the same period. Market participants appear to view this regulatory development as potentially supportive of further increases in HYPE’s value.

Key Takeaways Trump’s statement suggests potential U.S. regulatory accommodation for Hyperliquid, which may support increased volume and interest in HYPE. Hyperliquid’s recent performance shows a significant rise in HYPE, outpacing major cryptocurrencies like BTC and ETH. The market pricing for Hyperliquid reaching $100 by the end of 2026 has risen to 67% YES, indicating growing optimism among market participants. What to Watch Observers will be keenly focused on developments from the CFTC regarding possible regulatory frameworks for non-registered crypto exchanges. Any official announcements or changes in the regulatory landscape could influence market sentiment and pricing for HYPE. Additionally, Hyperliquid’s performance relative to major cryptocurrencies and its ability to maintain its recent momentum will be crucial indicators to watch. The market’s response to these developments will likely shape the outlook for HYPE’s price trajectory into 2026.

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Term Structure

Contract Odds Δ since publish Volume 24h December 31 66.5% — — View market → January 1 2027 4% — — View market → January 1 2027 2.9% — — View market → January 1 2027 5% — — View market → January 1 2027 3.1% — — View market → January 1 2027 82.5% — — View market →

A Hyperliquid user has lost about 550,000 USDC after a Google sponsored advertisement directed the victim to a fake version of the decentralized trading platform, with investigators linking the theft infrastructure to the Inferno drainer ecosystem.

Summary

A Hyperliquid user lost about 550,000 USDC after clicking a Google sponsored ad for a fake website. Salus linked the attack infrastructure to the Inferno drainer ecosystem. The backend automatically split the stolen funds among addresses tied to the operation. Groups linked to the infrastructure were connected to about $52.74 million in losses. Blockchain security firm Salus said in an Aug. 24 post on X that the theft took place on Aug. 13 and involved a counterfeit Hyperliquid website promoted through paid Google search results. After tracing the stolen funds and reviewing the infrastructure behind the page, the firm said it connected the operation to a professional drainer-as-a-service network associated with Inferno.

On August 13, 2026, a fake Hyperliquid website promoted through Google sponsored ads caused a victim to lose 550k USDC.

After cross-checking the subsequent fund flows, we confirmed that the case involved professional drainer-as-a-service infrastructure closely linked to the…

— Salus (@salus_sec) August 24, 2026 Hyperliquid phishing case used automated theft infrastructure Salus said its undercover investigation found that the service solicited customers through the Telegram account @AngelFernoOwner. The operator advertised tools including malicious scripts, administrative panels, approval-command generation, one-time contract deployment, automated draining, cross-chain withdrawals, token swaps, and fund consolidation.

The service also offered “automated revenue sharing,” according to the security firm, allowing proceeds from successful phishing attacks to be divided among participants without manual transfers.

In the Hyperliquid case, Salus attributed separate roles to the phishing group and the backend service. The group bought the sponsored advertisements, deployed the spoofed Hyperliquid entry point, and supplied the address designated to receive the proceeds. Once the victim approved the malicious transaction and the funds were taken, the infrastructure handled the split automatically.

According to Salus, address 0x98b276…13C55 received 80% of the proceeds, while 0x93b6B2…1d6D1 received 15% and 0x6fE314…B566 received 5%. A fourth address, 0x9bcd…9104a, executed the drain.

Earlier reporting on the Aug. 13 incident showed roughly 550,019 USDC moving in three transfers of about 440,015 USDC, 82,503 USDC and 27,501 USDC to addresses identified by security researchers as attacker-controlled. Google later suspended the advertiser linked to the reported campaign, according to reports published after the theft.

Drainer-as-a-service model provides ready-made phishing tools The setup described by Salus follows a model in which phishing operators can use ready-made wallet-draining infrastructure while concentrating on advertising, fake websites, and victim targeting.

As crypto.news explained in July 2026, wallet drainer services are built around malicious approvals that allow an attacker-controlled contract to transfer tokens after a user signs a transaction. The report also described drainer-as-a-service operations as an industry in which developers supply malicious software and share stolen proceeds with affiliates who bring in victims.

Such infrastructure can separate the visible phishing campaign from the software used to process approvals and move assets. In the latest case, Salus said the advertised package covered both the initial draining tools and later stages such as cross-chain withdrawals, swaps, consolidation, and profit distribution.

Inferno has been tied to other large approval-phishing cases. A May 2026 Coinbase lawsuit report covered an anonymous investor who alleged that about $55 million in DAI was stolen in August 2024 after the victim interacted with a fake login page. The complaint said the attacker used Inferno Drainer, while blockchain security firm Zero Shadow later traced part of the stolen assets to a Coinbase retail account.

Salus links infrastructure to $52.74 million in losses Tracing beyond the Hyperliquid victim, Salus said groups connected to the infrastructure were linked to approximately $52.74 million in total losses across multiple phishing incidents.

One of the largest cases cited by the firm involved the attacker behind the September 2025 UXLINK exploit. On Sept. 23, 2025, the attacker later became the victim of an approval-phishing attack that moved roughly 542 million UXLINK tokens.

A September 2025 UXLINK phishing report said ScamSniffer detected a malicious increaseAllowance approval that enabled phishing addresses to drain more than $43 million worth of UXLINK at the time. SlowMist founder Yu Xian said the theft was likely carried out by Inferno Drainer using an authorization-phishing method.

The phishing incident followed the original UXLINK compromise one day earlier. Attackers had exploited a delegateCall vulnerability in the project’s multi-signature wallet, obtained administrator privileges, and moved about $11.3 million in assets, while unauthorized token minting caused further disruption. The later phishing theft removed hundreds of millions of UXLINK from the exploiter’s own wallet.

Salus also linked the infrastructure to an April 15, 2026 incident involving CoW.fi. According to the security firm, the protocol’s official domain was hijacked, and one associated victim lost about 316,000 USDC.

A third incident cited by Salus occurred on July 9, when a suspected fake decentralized application or fake airdrop prompted a malicious approval that resulted in the theft of 999,999 USDT. ScamSniffer had reported the transaction, according to the firm’s account of the case.

Evidence and high-risk addresses sent for action The Hyperliquid case follows other phishing operations in which attackers copied recognizable crypto brands and used familiar online services or development platforms to place malicious pages in front of potential victims.

A March 2026 OpenClaw phishing report described attackers creating fake GitHub accounts and cloned websites before directing developers to malicious wallet-connection prompts. OX Security said the campaign used obfuscated code and targeted users with fake token offers, although no confirmed victims had been reported at the time.

For the Aug. 13 Hyperliquid theft, Salus said its investigation covered the subsequent fund flows, the service infrastructure and the accounts used to recruit phishing operators. The firm said all supporting evidence, identified high-risk addresses and related intelligence had been formally submitted to relevant organizations for risk labeling and coordinated action.

Key Highlights PUMP has gained 84% in the past week and 13% in the last 24 hours, significantly outperforming the broader crypto market which declined 1.9% The platform has executed over $1 million in daily token buybacks for three consecutive days Trading volume surged 43.68% to reach $781 million in 24 hours, demonstrating robust market engagement Critical resistance level is positioned at $0.0055, while RSI indicators show overbought conditions at 77.55 Planned Q4 2026 tokenomics overhaul may result in burning as much as 36% of the total PUMP token supply The PUMP token from Pump.fun has experienced an impressive 84% surge across the last seven days, climbing to $0.005136 while the wider cryptocurrency market declined by 1.9%. This performance positions the token among the top-performing digital assets in the current market cycle.

Pump.Fun (PUMP) Price The primary catalyst for this upward movement is Pump.fun’s active token buyback initiative. The platform allocates a percentage of its trading fees to repurchase PUMP tokens from the open market. Over the past three consecutive days, these buybacks have surpassed $1 million daily, with the latest 24-hour period recording $1.01 million in purchases.

This mechanism generates persistent buy-side pressure that’s fundamentally linked to the platform’s revenue generation, independent of broader market sentiment fluctuations.

The surge in price has been accompanied by proportional increases in trading activity. PUMP’s 24-hour trading volume jumped 43.68% to exceed $781 million, demonstrating that the price rally is supported by substantial market participation rather than low-liquidity price manipulation.

Technical Recovery From Extended Downtrend PUMP had been trapped within a persistent descending channel throughout much of the current year, bottoming out around $0.0011 in July. Following that low, the token has mounted a consistent recovery, successfully breaking through the descending trendline and recapturing the $0.00237 support level before continuing its advance.

This recovery phase has established a pattern of progressively higher peaks and troughs since late July, with the most dramatic acceleration occurring after August 19.

Cryptocurrency analyst CryptoKaleo weighed in on X, observing that the PUMP chart appears to be “speed running its way back to all time highs.” His observation captures the velocity of the rebound from the July lows.

The RSI indicator currently registers 77.55, signaling that PUMP has entered overbought territory. Meanwhile, the Ultimate Oscillator shows a reading of 60.08, maintaining positive overall momentum while simultaneously suggesting that rapid pullbacks remain possible given the magnitude of the weekly advance.

Future Price Targets and Development Roadmap The immediate resistance level to monitor is $0.0055. A decisive breach above this level, backed by sustained volume, could pave the way toward $0.0060 and subsequently $0.0065. Conversely, a rejection at this resistance would likely result in PUMP entering a consolidation phase between $0.0045 and $0.0055.

Source: TradingView Pump.fun has outlined plans for a decentralized bounty platform called GO, scheduled for Q3 2026, which is expected to increase on-chain activity and subsequently channel additional revenue into the buyback mechanism.

Looking toward Q4 2026, the project has scheduled a significant tokenomics revision that could eliminate up to 36% of the total PUMP token supply through burns. The same quarter will also see expansion efforts to Ethereum and Monad networks.

Current data confirms $1.01 million in PUMP buybacks during the previous 24-hour period, with the token maintaining support above the $0.0051 level.

The Treasury just doubled its bond buyback program while national debt crossed $40 trillion. Bitcoin responded with its best week since March 2024, gaining 27% as institutional money poured into spot ETFs at a record pace.

Summary

Bitcoin surged from $62,679 to $79,500 between Aug. 17 and Aug. 21, a 27% gain that coincided with U.S. national debt crossing $40 trillion for the first time. Treasury Secretary Scott Bessent doubled the maximum per-operation buyback size from $2 billion to $4 billion for 10-to-30-year securities, effective Sept. 9, and hinted the ceiling could rise further. BlackRock’s iShares Bitcoin Trust (IBIT) pulled in $606 million in a single session on Aug. 20, capturing 82% of all spot Bitcoin ETF inflows that day. Short liquidations across crypto derivatives exchanges totaled $3 billion in 24 hours, affecting more than 170,000 traders in the largest squeeze since November 2021. Ray Dalio warned that a U.S. debt crisis could arrive “in three years, give or take two” and recommended investors hold gold and “a bit” of bitcoin as hedges against fiscal deterioration. On the morning of Aug. 19, 2026, the U.S. Treasury Department announced it would at least double the size of its long-end liquidity support buyback operations. Within 12 hours, bitcoin had gained 8.2%, blowing through its 200-day moving average for the first time in nine months. By Friday, it was knocking on $80,000.

The surface narrative is simple: falling yields make non-yielding assets more attractive. But the rally that followed was not just a rate-trade reaction. It was a statement about what investors now believe the United States government will do when its borrowing costs become unmanageable. And the answer, delivered by the Treasury itself, was: print more liquidity.

That interpretation turned bitcoin from a speculative risk asset into a fiscal-fear trade, a bet that the world’s reserve currency issuer has entered a debt spiral it cannot exit through austerity alone. The mechanism connecting Treasury buybacks to bitcoin’s price is more direct than most investors realize.

What the Treasury actually did On Aug. 19, the Treasury Department raised the maximum per-operation size for its liquidity support buybacks from $2 billion to at least $4 billion. The change applied to securities in the 10-to-20-year and 20-to-30-year maturity sectors. The number of long-end operations also increased from two to four per quarter, with the new schedule taking effect on Sept. 9.

Bessent told CNBC on Aug. 20 that “there is every indication that the buybacks could exceed” the $4 billion ceiling. The phrasing was deliberate. The Treasury secretary was signaling that bond market intervention would scale as needed, with no preset upper bound.

This is not quantitative easing in the formal sense. The Treasury is not creating new reserves or expanding its balance sheet the way the Federal Reserve did between 2020 and 2022. Instead, it is buying back older, less liquid bonds and replacing them with newly issued debt. The mechanical effect, however, is similar: long-term yields fall, the dollar weakens, and risk assets rally.

The 30-year Treasury yield dropped 9 basis points in the hours following the announcement. The dollar index fell to its lowest level since June. Gold climbed 2.1%. Bitcoin did all of that and more.

The $40 trillion backdrop The timing of the buyback expansion was not coincidental. U.S. national debt crossed $40,047,425,768,420.22 on Aug. 18, 2026, one day before the announcement. That milestone arrived just five months after the debt passed $39 trillion in March, making it the fastest trillion-dollar increase in the country’s history.

The numbers paint a picture of structural deterioration. The federal government is spending roughly 40% more than it collects in revenue, with annual income near $5.5 trillion and expenses near $7.5 trillion. Interest payments on the debt have surpassed Medicare to become the second-largest line item in the federal budget, trailing only Social Security.

Total debt has more than doubled from the approximately $19.95 trillion outstanding when President Trump first took office in January 2017. The Congressional Budget Office projects annual deficits exceeding $2 trillion through at least 2034, assuming no recession intervenes. Each trillion now arrives faster than the last, a compounding dynamic that bond markets have begun to price with increasing urgency.

The day the debt clock ticked past $40 trillion, the Treasury held its regularly scheduled 20-year bond auction. Demand was tepid. The bid-to-cover ratio fell to its lowest level since February, forcing a higher yield to clear the sale. One day later, the buyback announcement arrived. The sequence was not subtle: the government struggled to sell new debt on Monday, then announced it would buy back old debt on Tuesday. The market drew its own conclusions.

For bitcoin holders, this arithmetic is the thesis. A government that cannot balance its books and cannot politically tolerate the austerity required to do so will eventually monetize its obligations. Whether that monetization arrives through formal quantitative easing, yield-curve control, or the quiet expansion of buyback programs does not change the destination. It only changes the pace.

How buybacks became a bitcoin catalyst The transmission mechanism from Treasury buybacks to bitcoin runs through three channels.

First, when the Treasury buys back older bonds, it compresses long-term yields. Lower yields reduce the opportunity cost of holding non-yielding assets like gold and bitcoin. Before the buyback announcement, the 30-year Treasury was offering 5.12%. After it, 5.03%. That 9-basis-point move may sound trivial, but in a market where trillions of dollars in capital allocation are benchmarked against the risk-free rate, it shifts the entire cost-of-capital equation.

Second, the buyback program injects liquidity into the bond market. Dealers who sell older bonds to the Treasury receive cash, which they redeploy into other assets. Some of that cash flows into equities. Some flows into crypto. The pathway is indirect but measurable: on the same day as the buyback announcement, spot bitcoin ETFs absorbed $517 million in net inflows, their strongest daily result since May.

Third, and most importantly, the buyback expansion signals a policy preference. The Treasury is telling the market that it will intervene to prevent long-term yields from rising to levels that threaten fiscal sustainability. That signal, more than any single operation, is what reprices bitcoin. It tells investors that the government will choose inflation over austerity when forced to pick.

The ETF plumbing underneath the rally The week of Aug. 17 to 21 produced one of the most concentrated bursts of institutional bitcoin buying since spot ETFs launched in January 2024.

On Aug. 20 alone, U.S. spot bitcoin ETFs recorded $606 million in net inflows. BlackRock’s IBIT captured $497 million of that total, an 82% market share that underscores its dominance as the vehicle of choice for institutional allocation. IBIT’s cumulative net inflows reached $62.43 billion, and total spot bitcoin ETF assets climbed above $90 billion.

The four-day stretch from Monday through Thursday saw approximately $1.9 billion flow into spot bitcoin funds. Eight of 12 listed products attracted positive flows, suggesting the buying was broad-based rather than concentrated in a single fund.

21Shares senior strategist Matt Mena argued that expectations of a weaker dollar helped drive institutional capital toward scarce assets. The framing is significant. When an ETF strategist at a major issuer describes bitcoin as a “scarce asset” in the same sentence as dollar depreciation, the narrative has shifted from speculation to macro allocation.

Tudor Investment disclosed an additional 109,446 shares of IBIT during the same period. UBS raised its IBIT position to $90 million. These are not retail traders chasing momentum. They are multi-billion-dollar allocators repositioning around a fiscal thesis.

The composition of the buying matters as much as its volume. When ETF inflows are dominated by a single product and concentrated in a two-day window, the pattern often reflects a macro catalyst triggering allocation model changes at large institutions. A retail-driven rally tends to spread across smaller funds and arrive over weeks, not hours. The Aug. 19-20 pattern looked institutional from the first print.

Sizing the buyback against bitcoin’s market Here is arithmetic that most coverage of the rally has overlooked.

The Treasury plans to execute at least four long-end buyback operations per quarter at $4 billion each, for a minimum quarterly volume of $16 billion. Annualized, that is $64 billion in long-end bond purchases.

Bitcoin’s total market capitalization at $78,000 is approximately $1.55 trillion. The $64 billion in annual buyback volume represents 4.1% of bitcoin’s entire market cap. That does not mean 4.1% of buyback proceeds flow into bitcoin. But it does mean the liquidity injection from this single program is large enough to move bitcoin’s price if even a small fraction of the freed-up capital rotates into crypto.

Compare that to spot bitcoin ETF inflows. In the 12 months through July 2026, U.S. spot bitcoin ETFs absorbed approximately $28 billion in net inflows. The Treasury’s buyback program is injecting 2.3 times that amount into the broader financial system every year. If just 5% of buyback-related liquidity ultimately reaches bitcoin markets, through ETFs, futures, or direct spot purchases, that would equal $3.2 billion per year in incremental demand, roughly equivalent to a full month of average ETF inflows.

This is a back-of-the-envelope calculation, not a precise forecast. But it illustrates why the market’s reaction was so violent. The buyback program is not a one-time event. It is a recurring liquidity injection that compounds over time, and its scale is large relative to bitcoin’s absorptive capacity.

Consider the comparison from the other direction. Bitcoin’s daily spot volume averaged roughly $35 billion during the rally week. The Treasury’s $4 billion per operation is 11.4% of a single day’s trading volume. Spread across a quarter with four operations, that is $16 billion in fresh liquidity entering a system where marginal price is set by a much thinner order book than headline volume suggests. The effective float, the coins actually available for sale at any given price, is a fraction of total supply. Most bitcoin sits in long-term holder wallets and does not move.

The Dalio endorsement and what it signals On Friday, Aug. 21, Ray Dalio published a LinkedIn post that amounted to the most explicit bitcoin endorsement of his career. The Bridgewater Associates founder warned that the U.S. government’s financial condition had reached “an inflection point” and recommended investors reduce bond exposure while holding 10% to 15% of their portfolios in gold and “a bit” of bitcoin.

Dalio’s framing was specific. He linked the Treasury’s buyback expansion directly to the broader debt trajectory, arguing that Bessent’s move was “a sign that a debt crisis is getting closer.” If the U.S. government were a business, Dalio noted, its debt service payments would total approximately $11 trillion, roughly 200% of annual revenue.

JUST IN: Coldcard wallets affected by security issue with reported losses

Roughly 594 $BTC valued at $38 million has been stolen from certain dormant single sig wallets pic.twitter.com/f3fk7kYXzM

— crypto.news (@cryptodotnews) August 1, 2026 The significance is not that Dalio likes bitcoin. It is that the most prominent macro investor of the past four decades now treats bitcoin and gold as complements in the same hedge. When Dalio says sell bonds and buy scarce assets, the audience is not retail. It is sovereign wealth funds, pension allocators, and family offices managing multi-generational capital.

The bitcoin-gold correlation rose to approximately +0.7 during the rally week, a level described by analysts as a return to “digital-gold-era” pricing. Both assets rose together because both were responding to the same signal: the United States government will choose monetary expansion over fiscal discipline.

The White House factor The Treasury buyback was not the only policy catalyst that week. On Aug. 19, the same day as the buyback announcement, President Trump convened a White House meeting with crypto executives and regulators to discuss the CLARITY Act, the most ambitious attempt at comprehensive crypto legislation in U.S. history.

The meeting produced no binding commitments, but it sent a signal that the administration views crypto as a policy priority. Bitcoin jumped more than 5% to trade above $68,600 within hours of the meeting’s conclusion. By Thursday, BTC had cleared $72,000 for the first time since early June.

The SEC added its own accelerant. On Aug. 18, the commission published its Regulation Crypto Assets notice of proposed rulemaking, offering the first formal framework for token offerings under existing securities law. The CFTC opened its inaugural Innovation Advisory Committee session on Aug. 20. Three regulatory bodies, all moving in the same direction during the same week, created a policy convergence that the market had not seen before.

Senate Majority Leader John Thune filed cloture on the CLARITY Act before the August recess, setting up a procedural vote for Sept. 15. If the bill clears that hurdle, it would create the first statutory line between digital commodities overseen by the CFTC and investment contract assets under the SEC. Bitcoin, along with ether, XRP, SOL, and DOGE, would be permanently classified as non-securities under the bill’s ETP grandfather clause.

The opposing case: why this rally could reverse Not everyone agrees that bitcoin has become a fiscal hedge. Several structural risks could undermine the thesis.

The CLARITY Act faces long odds despite the White House push. Polymarket traders give the bill only a 16% chance of becoming law in 2026, down from an 82% peak in February. The core sticking point is an ethics provision targeting presidential crypto income. If the September 15 cloture vote fails, analysts have warned of a 15% to 30% market correction as the industry faces another year of regulation by enforcement.

The rally itself was heavily amplified by leverage. More than $3 billion in short positions were liquidated across crypto derivatives exchanges, affecting 170,237 traders. Binance alone processed over $1 billion in liquidations. When that much of a move is driven by forced buying from liquidated shorts rather than organic demand, the price can reverse just as violently.

Bitcoin also remains 37% below its all-time high of $126,198 set on Oct. 6, 2025. The rally brought BTC back to levels last seen in May, but it has not yet proven it can sustain prices above $75,000 during a period of thinner weekend liquidity.

There is also the question of bitcoin’s own supply dynamics. The 2024 halving reduced block rewards to 3.125 BTC, tightening new issuance. But Strategy, the largest corporate bitcoin holder, has been a net seller in recent months. If large holders use the rally as an exit opportunity, supply could overwhelm the ETF bid.

Finally, the fiscal-hedge narrative requires bitcoin to behave differently than it has during prior stress events. In the first half of 2026, gold outperformed bitcoin by a wide margin, gaining roughly 32% while bitcoin fell nearly 46% from its August 2025 levels. Central banks continued to accumulate gold, not bitcoin, as their reserve hedge of choice. No central bank has added bitcoin to its official reserves. The correlation may be rising, but the track record is still mixed.

The week’s real lesson The most revealing aspect of this week was not bitcoin’s price. It was the market’s interpretation of why it moved.

In 2020, bitcoin rallied on stimulus checks and retail euphoria. In 2024, it rallied on ETF approval and halving-cycle anticipation. In August 2026, it rallied because the U.S. Treasury signaled it would absorb long-duration bond risk to keep yields from spiraling, and the market read that as a confession that the fiscal trajectory is unsustainable.

That is a different kind of rally. It suggests that bitcoin is beginning to price not as a technology bet or a speculative vehicle but as an instrument of fiscal dissent, a way for capital to express the view that sovereign debt is no longer risk-free.

Whether that view proves correct depends on variables that no one can forecast with precision: the path of interest rates, the outcome of the CLARITY Act vote, the willingness of Congress to address structural deficits, and the Federal Reserve’s response at Jackson Hole and beyond. But the fact that $1.9 billion in ETF inflows arrived in four days tells you something about where institutional conviction is landing.

The bitcoin price prediction models that project a base-case target of $75,929 by year-end now look conservative. If the buyback program expands further, if the CLARITY Act clears its September vote, and if the Fed signals rate cuts at Jackson Hole, the conditions for a sustained rally above $80,000 are in place.

The conditions for a reversal are also in place. That tension is what makes this a trade, not a certainty.

What to watch Sept. 9 buyback launch: The expanded Treasury buyback schedule takes effect. Watch whether the Treasury increases operation sizes beyond $4 billion, which would confirm Bessent’s hint and likely push yields lower.

Sept. 15 CLARITY Act cloture vote: A successful vote would remove the largest regulatory overhang on crypto markets. A failure would likely trigger the 15% to 30% correction analysts have warned about.

Jackson Hole commentary: The Federal Reserve’s annual symposium in late August will signal whether rate cuts are on the table for Q4. A dovish tilt would reinforce the fiscal-fear trade.

Weekly ETF flow data: Sustained inflows above $500 million per day would indicate the institutional bid is structural, not reactive. A sharp reversal in flows would suggest the rally was leverage-driven and vulnerable.

30-year Treasury yield: If yields fall below 4.90%, the opportunity cost of holding bitcoin drops further and the fiscal-hedge narrative strengthens. If yields climb back above 5.20%, the buyback program is failing to contain the bond market and risk assets face pressure.

Why is bitcoin rallying in August 2026? Bitcoin gained 27% between Aug. 17 and Aug. 21 after the U.S. Treasury doubled its long-term bond buyback program from $2 billion to $4 billion per operation. The move compressed yields, weakened the dollar, and triggered $3 billion in short liquidations across crypto derivatives exchanges. Spot bitcoin ETFs absorbed $1.9 billion in four days.

What is the Treasury buyback program? The Treasury’s liquidity support buyback program involves purchasing older, less liquid government bonds and replacing them with newly issued debt. On Aug. 19, 2026, the Treasury doubled the maximum per-operation size to $4 billion for 10-to-30-year securities and increased the number of quarterly operations from two to four.

How much money flowed into bitcoin ETFs during the rally? U.S. spot bitcoin ETFs recorded approximately $1.9 billion in net inflows from Aug. 18 through Aug. 21. BlackRock’s IBIT captured the largest share, pulling in $606 million on Aug. 20 alone, an 82% market share. IBIT’s cumulative net inflows reached $62.43 billion.

What did Ray Dalio say about bitcoin and the debt crisis? On Aug. 21, 2026, Ray Dalio warned that a U.S. debt crisis could arrive “in three years, give or take two.” He recommended investors hold 10% to 15% of their portfolios in gold and “a bit” of bitcoin, calling the government’s financial condition “at an inflection point.”

How large is the U.S. national debt? U.S. national debt crossed $40 trillion on Aug. 18, 2026, just five months after passing $39 trillion. Interest payments have surpassed Medicare as the second-largest federal budget item. The government spends approximately 40% more than it collects in revenue.

Is bitcoin a better hedge than gold? Bitcoin and gold rose together during the August rally, with their correlation reaching approximately +0.7. However, gold has outperformed bitcoin over the trailing 12 months by a significant margin, and central banks continue to favor gold for reserve allocations. The two assets serve complementary roles in a fiscal-hedge portfolio.

What is the CLARITY Act and why does it matter for bitcoin? The Digital Asset Market Clarity Act would create the first comprehensive regulatory framework for crypto in the United States, dividing oversight between the SEC and CFTC. A cloture vote is scheduled for Sept. 15, 2026. Passage would remove a major regulatory overhang; failure could trigger a 15% to 30% market correction.

How many traders were liquidated during the bitcoin rally? More than 170,000 traders were liquidated across crypto derivatives exchanges during the Aug. 19-20 rally, with total liquidations exceeding $3 billion. Short-position holders accounted for $2.74 billion in losses. Binance led with over $1 billion in liquidations, followed by Hyperliquid at $701 million. This is educational analysis, not investment advice.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research before making investment decisions. Published Aug. 23, 2026.

Litecoin (LTC) is showing renewed technical strength after rebounding from a key long-term support level, with analysts signaling growing optimism for a potential major price rally. The introduction of smart contracts through its new layer-2 solution is extending the network’s utility, positioning Litecoin as a contender in the programmable decentralized finance space.

Key technical bounce and price outlookAt press time, LTC trades at $51.19, supported by a 24-hour trading volume of $474.74 million and a total market capitalization of $3.94 billion. The coin has recorded a 7.25% gain in the past day, further fueling expectations for a bullish reversal in the near term.

Crypto analyst Crypto Patel identified that Litecoin has maintained an eight-year ascending support trendline first established in 2017. LTC recently retested the $40 support, rebounding nearly 20% from that level. This technical move has revived conversation among market observers about a possible surge to price targets ranging between $500 and $1,000 in the next market cycle.

Historically, Litecoin demonstrated sharp rallies when bouncing from higher timeframe structural levels, posting gains of 812%, 6,671%, and 1,747% in major prior cycles. Market participants are also watching Litecoin’s halving event set for April 2027 as a possible catalyst for the next significant uptrend.

LTC has rebounded from the eight-year trendline, with analysts closely watching for a move towards the $1,000 level, especially as previous cycles have delivered substantial returns after similar setups.

Analysts state that technical targets around $400, $700, and $1,000 are now under consideration. The $100 zone is seen as a critical resistance; a clear break above could strengthen signals for a bullish reversal.

Smart contract integration and network evolutionThe Litecoin Foundation highlighted notable progress on LitecoinVM, a layer-2 scaling solution created to support smart contracts and advanced applications on the Litecoin network. According to the Foundation, LitecoinVM has processed over 250 million transactions on its testnet, Liteforge, marking a major step towards expanding Litecoin’s ecosystem beyond simple payments.

The surge in transaction activity and active wallet addresses during stress testing attracted significant interest among developers. These advancements come amid plans to launch the Liteforge mainnet, which is expected to further test DeFi capabilities on the network ahead of the 2027 halving.

By integrating Ethereum-compatible rollup technology, LitecoinVM allows for the creation of decentralized apps, tokenized assets, and AI-powered solutions using LTC. This move signals a shift in Litecoin’s positioning, from a payments focus to a broader Web3 platform.

Mini dictionary: Litecoin Foundation — A non-profit organization supporting Litecoin’s development, adoption, and education initiatives worldwide, including technical innovations such as layer-2 scaling solutions.

Outlook and upcoming milestonesWith the mainnet launch of Liteforge on the horizon, developers and users await further advances in smart contract utility on the Litecoin network. A sustained move above the $100 mark is regarded as an important confirmation for bullish momentum toward higher targets.

Current network expansion and price momentum have been bolstered by broader positive sentiment in the crypto market, with Bitcoin showing signs of upward movement. Observers are watching closely to see whether these developments can spark a sustained cycle rally for Litecoin as the market approaches the next halving event.

MetricCurrent ValueCycle TargetLTC Price$51.19$500 – $1,00024H Trading Volume$474.74 million–Market Cap$3.94 billion–Liteforge Testnet Transactions250 million+Mainnet under developmentHalving DateApril 2027Potential catalystDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

XRP gained more than 50% in five trading days, its strongest weekly performance in 21 months, as a Treasury buyback expansion, a White House crypto summit, and aggressive whale accumulation converged on the same narrow window.

Summary

XRP surged from approximately $1.00 on Aug. 18 to a high of $1.6963 on Aug. 22, 2026, a gain of roughly 56% that marks its biggest weekly move since November 2024. The U.S. Treasury doubled long-term bond buyback operations from $2 billion to at least $4 billion per session, triggering a rapid drop in benchmark yields and pushing capital into risk assets across crypto markets. Ripple CEO Brad Garlinghouse attended a White House crypto policy summit on Aug. 19 alongside SEC Chairman Paul Atkins, advancing the CLARITY Act that would classify XRP as a digital commodity under CFTC oversight. Whale addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens in one week, pushing tracked holdings from 16.05 billion to 16.36 billion XRP while exchange outflows exceeded 240 million tokens since summer began. Spot XRP ETFs attracted $39.78 million in net inflows for the week ending Aug. 22, bringing cumulative inflows since their November 2025 launch to $1.55 billion across seven approved funds. XRP closed the week of Aug. 18 as the best-performing asset among the top ten cryptocurrencies by market capitalization, beating Bitcoin by more than 40 percentage points and Ethereum by more than 45. The move was not a single-catalyst spike. It was a compressed sequence of macro, regulatory, and on-chain events that landed in the same five-day window, each one reinforcing the next. Understanding why each catalyst mattered, and why their convergence produced a move of this magnitude, requires looking at the specific mechanics of how they interacted.

The rally also marks the first sustained price advance since the SEC settlement that correlates with improving on-chain metrics rather than pure speculation. For seven months before this week, XRP traded between $0.90 and $1.10 while Ripple’s corporate fundamentals strengthened in the background. The disconnect between token price and business development had become one of the most discussed topics in crypto markets. That gap narrowed sharply over five days.

The Treasury buyback that unlocked the rally The catalyst that set everything in motion arrived on Aug. 19, when Treasury Secretary Scott Bessent announced an expansion of long-term government bond buyback operations. The size of each buyback would double from $2 billion to at least $4 billion per operation, starting Sept. 9. The announcement came after the 30-year Treasury yield spiked to its highest level since 2007, a move that had been pressuring risk assets across every market for weeks.

Buying back bonds pulls supply off the market, pushing bond prices up and yields down. The 30-year yield fell to 5.19% within hours. Traders described the dynamic as informal yield curve control, since the buybacks effectively cap how high long-end yields can climb without the Federal Reserve having to intervene directly.

The effect on crypto was immediate. Bitcoin jumped from $62,000 to $69,000 within 48 hours, its biggest weekly gain in two years. But the impact on XRP was disproportionate. More than $3 billion in crypto short positions were liquidated during the surge, and XRP’s lower market capitalization relative to Bitcoin made it more sensitive to the rotation. Leveraged short sellers who had been betting on a continued grind below $1 were forced to cover, and the resulting squeeze amplified the underlying move.

Lower yields make bonds less attractive relative to riskier assets, which frees capital to rotate into high-beta positions. XRP, with its pending regulatory catalysts and recent technical weakness, became the primary beneficiary of that rotation among large-cap altcoins.

The White House summit and the CLARITY Act On the same day the Treasury buyback was announced, a separate catalyst emerged from Washington. The White House hosted a crypto policy summit attended by Ripple CEO Brad Garlinghouse, SEC Chairman Paul Atkins, and members of Congress who had co-sponsored the CLARITY Act. President Trump publicly urged Congress to pass the legislation, which would classify XRP and similar tokens as digital commodities under CFTC oversight rather than securities under the SEC.

The CLARITY Act represents the most significant potential shift in U.S. crypto regulation since the Ripple settlement itself. If passed, it would give XRP the same regulatory classification as Bitcoin and Ethereum, removing the last remaining ambiguity about its legal status. The crypto.news analysis of the three conditions for XRP’s recovery identified regulatory clarity as the single most important factor, with 65% of institutional allocators surveyed saying they need this classification before increasing crypto exposure.

The bill faces a Senate procedural vote on Sept. 15. Polymarket prediction contracts currently give it approximately 16% odds of passing, reflecting the difficulty of moving any legislation through Congress in the current political environment. But the market responded to the optics of the summit itself, not the probability of passage. Brad Garlinghouse standing alongside the SEC chairman and the president, discussing a bill that would formalize XRP’s commodity status, sent a signal about the direction of policy that no probability model fully captures.

XRP price jumped roughly 30% in two days following the summit, breaking a year-long downtrend in the process. The move took the token from $1.00 to $1.31 before the additional catalysts pushed it higher.

Whale accumulation and the exchange drain The on-chain data tells a story that started before the price moved. According to crypto.news reporting on whale accumulation, addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18. Total whale holdings rose from roughly 16.05 billion to 16.36 billion XRP, the highest level since the SEC settlement.

The accumulation was not limited to a single cluster of wallets. Whale transactions on the XRP Ledger surged 280% in 24 hours, with 38 large-value transfers exceeding $1 million recorded in a single trading day. The baseline for large-value XRP transactions in July and early August had averaged roughly 10 to 12 per day, making the spike to 38 a clear departure from normal activity.

More telling than the buying itself was the absence of selling. Whale transfers to Binance fell to their lowest level since 2021 during the same period, suggesting that large holders were accumulating and holding rather than flipping for short-term profit. More than 240 million XRP tokens left exchanges since summer began, reducing the available supply on order books and tightening the market.

The wallets involved in the accumulation include a mix of known institutional custodians and unidentified addresses. Analyst Ali Martinez noted that the accumulation pattern resembles the pre-rally positioning seen before XRP’s January 2026 high of $3.40, when whale addresses added similar quantities before the token rallied from $2.00 to its peak.

Ripple’s own escrow activity adds context. In August 2026, Ripple unlocked 1 billion XRP from escrow, valued at approximately $1.08 billion under its monthly program. Despite this regular supply injection, whale accumulation outpaced the new supply reaching the market, a dynamic that had not occurred since early 2025.

Spot ETF inflows and institutional re-engagement The seven U.S. spot XRP ETFs approved since November 2025 had a complicated first year. After a strong launch that saw them accumulate $1.3 billion in assets within two months, inflows collapsed through the summer. Weekly ETF inflows fell 93% to just $1.01 million for the week ending Aug. 8, down from $14.86 million the prior week. JPMorgan had predicted up to $8 billion in year-one inflows. The reality was $1.5 billion across eight months.

The week of Aug. 18 reversed that trajectory. Spot XRP ETFs attracted $39.78 million in net inflows, the strongest weekly pace since May. Bitwise Asset Management, Franklin Templeton, and Grayscale Investments led the buying. Cumulative inflows since launch reached $1.55 billion, with the funds now holding approximately 1.50% of total XRP supply.

The crypto.news coverage of ETF inflows crossing $1.55 billion noted that the timing aligned with a shift in macro sentiment following the Treasury buyback announcement. Institutional buyers who had paused allocations during the yield spike returned as soon as yields dropped, suggesting that the problem with XRP ETFs was never demand for the asset itself but the competing returns available in fixed income.

The ETF structure also matters for price mechanics. Unlike over-the-counter XRP purchases, ETF inflows require the fund to buy XRP on the open market or through authorized participants, creating direct buying pressure on the spot price. When $39 million in weekly inflows meets a market where 240 million tokens have already left exchanges, the price impact is amplified beyond what the dollar figure alone would suggest.

How this rally compares to every post-settlement XRP move XRP has produced four distinct rallies since the SEC settlement was finalized in May 2025. Each one differed in catalyst, duration, peak gain, and retracement depth. Mapping them reveals a pattern that this week’s move both follows and breaks.

Rally one: the settlement itself (May 2025). XRP jumped 42% in three days after the SEC formally withdrew its appeal and Ripple paid the reduced $50 million penalty. The catalyst was purely legal. On-chain accumulation was minimal because the news broke with no advance warning. The retracement was fast: XRP gave back 60% of the gain within two weeks as traders took profit on the news.

Rally two: the ETF approval wave (November 2025). Seven spot XRP ETFs received regulatory clearance, and XRP surged 85% over three weeks. This was the longest sustained move of the cycle, driven by genuine institutional inflows that totaled $483 million in December alone. The retracement was slower but deeper. XRP fell 65% from its January 2026 high of $3.40 to the $1.00 level it occupied before this week’s move.

Rally three: the Ripple Prime announcement (June 2026). Ripple announced conditional approval for a national trust bank charter and raised at a $50 billion valuation. XRP gained 28% in five days. The retracement was almost complete within ten trading sessions, as the market concluded that corporate milestones were not translating into token demand.

Rally four: this week (August 2026). XRP gained 56% in five days, making it the second-largest post-settlement move by magnitude. What distinguishes it from the previous three is the convergence of multiple catalyst types. The settlement rally was legal only. The ETF rally was institutional only. The Ripple Prime rally was corporate only. This week combined macro (Treasury buyback), political (White House summit), on-chain (whale accumulation), and institutional (ETF inflows) catalysts simultaneously.

The convergence matters because it creates feedback loops that single-catalyst rallies cannot sustain. Macro-driven yield drops pull capital into crypto broadly. Political catalysts direct that capital specifically toward XRP. Whale accumulation reduces available supply. ETF inflows create structured buying pressure. Each factor reinforces the others, making the rally more durable than moves driven by a single headline.

Whether this convergence produces a genuinely different outcome from the previous three rallies, all of which eventually retraced, is the central question for XRP holders heading into September.

The overbought signal and what it has meant before The Relative Strength Index on XRP’s daily chart reached 85.4 on Aug. 22, its most overbought reading since July 2025. The last time the RSI crossed 85, XRP retraced 18% within ten trading days. In three of the four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token lost at least 15% of its value within two weeks.

The technical picture is further complicated by the death cross that formed earlier in August. The crypto.news analysis of the death cross erasure explained that while XRP’s daily candle closed above both the 50-day and 200-day exponential moving averages for the first time since the bearish crossover, the 50-day EMA remains below the 200-day line. A confirming golden cross has not yet formed.

The distinction matters because three previous breakouts above both moving averages failed to produce a golden cross, each time resulting in a return below the 200-day EMA within five trading days. The current move needs to hold for at least another week before the moving average crossover would confirm a genuine trend change.

A weekend flash crash on Aug. 22 added to the uncertainty. Approximately $500 million in XRP long positions were liquidated in minutes when the price dropped sharply from $1.69 to $1.43 before recovering to the $1.46 to $1.51 range where it traded into Saturday. The event showed how quickly leveraged positions can unwind even in the middle of a strong rally, and it reduced open interest enough to partially reset the overbought condition.

Ripple’s corporate momentum and the token disconnect The irony of XRP’s 2026 performance is that Ripple the company has never been stronger. The SEC case ended with XRP retaining full trading rights in the United States. Seven U.S. spot ETFs launched and now hold nearly a billion dollars in XRP. Ripple secured conditional approval for a national trust bank charter. The company raised at a $50 billion valuation. It spent roughly $4 billion on acquisitions. Most recently, Ripple Prime raised $275 million through a private placement of senior unsecured notes with a BBB rating from KBRA, an 8.25% coupon, and a 2031 maturity date.

Yet XRP the token spent the first seven months of 2026 trading between $0.90 and $1.10 while all of this happened. The crypto.news XRP price prediction page noted the base case of $1.80 to $3.20 by 2030, a range that assumed slow and steady appreciation from the $1.00 level. This week’s move has compressed months of expected appreciation into days.

The token’s disconnect from Ripple’s fundamentals is partly structural. XRP’s supply dynamics differ from tokens like Bitcoin or Ethereum. Ripple holds billions of XRP in escrow and releases them monthly, creating a persistent supply overhang that weighs on price even when demand increases. The monthly escrow release of 1 billion XRP in August alone exceeded the total whale accumulation for the entire week. The net effect on circulating supply depends on how much Ripple returns to escrow, a figure the company reports quarterly but not in real time. In previous months, Ripple has returned between 800 million and 900 million tokens to escrow, meaning the net new supply reaching the market each month is typically between 100 million and 200 million tokens. Even at the lower end of that range, the monthly supply addition partially offsets the accumulation pressure from whale buyers.

Ripple Prime’s integration with EDX Markets and Hyperliquid to expand institutional access to spot, perpetual futures, and decentralized liquidity creates new demand channels that did not exist during the first three post-settlement rallies. Whether these channels can absorb enough supply to offset the escrow releases is one of the structural questions that will determine whether this rally holds.

The CLARITY Act as a binary event The Senate procedural vote on the CLARITY Act scheduled for Sept. 15 creates a binary event risk for XRP that has no parallel in the token’s history. If the bill passes cloture and eventually becomes law, XRP would receive the same commodity classification as Bitcoin and Ethereum, removing the final barrier to full institutional adoption. If it fails, the market would need to reprice the probability of regulatory clarity arriving through legislation versus the current patchwork of court rulings and agency guidance.

The bill’s passage is far from certain. Polymarket gives it approximately 16% odds, and the Senate procedural calendar is crowded. But the White House summit on Aug. 19 moved the conversation from theoretical to operational. The presence of the SEC chairman at a meeting dedicated to advancing the bill suggests coordination between the executive branch and the regulatory agencies that would implement it.

For XRP specifically, the CLARITY Act would resolve the last remaining ambiguity from the Ripple settlement. While courts ruled that XRP traded on secondary markets did not constitute a securities transaction, certain institutional sales remained subject to securities law considerations. The CLARITY Act would eliminate that distinction entirely, making XRP legally identical to Bitcoin for regulatory purposes.

The market appears to be pricing in a higher probability of passage than the prediction markets suggest, or at least pricing in the optionality that the political environment has shifted enough to make some form of regulatory clarity likely within the next 12 months, whether through this specific bill or an alternative path.

https://twitter.com/cryptodotnews/article/2061436021380661610

What to watch The 200-day EMA retest. A daily close below the 200-day exponential moving average within five trading days would repeat the pattern of three previous failed breakouts and signal that the rally was a short squeeze artifact.

Weekly ETF flow data for the week ending Aug. 29. If inflows sustain or accelerate from the $39.78 million recorded this week, it would confirm that institutional demand is genuine and not a one-week reaction to macro headlines.

The Sept. 15 CLARITY Act cloture vote. The vote itself is binary, but the political dynamics in the weeks leading up to it will shape expectations. Watch for co-sponsor additions or withdrawals as a leading indicator.

Exchange reserve levels. If the drawdown of 240 million tokens from exchanges since summer continues or accelerates, it would tighten supply further and support the price. A reversal, with tokens flowing back to exchanges, would suggest whale profit-taking.

The 30-year Treasury yield. The yield fell to 5.19% after the buyback announcement. If it climbs back above 5.50%, the macro tailwind that triggered the rally would weaken, and the rotation into risk assets could reverse.

Why did XRP surge 50% in one week? XRP gained approximately 56% between Aug. 18 and Aug. 22, 2026, driven by a convergence of four factors: the U.S. Treasury doubling bond buyback operations, a White House crypto summit advancing the CLARITY Act, whale accumulation of 380 million tokens in a single week, and $39.78 million in spot ETF inflows. The combination created feedback loops that amplified the move beyond what any single catalyst could produce.

What was the Treasury buyback and why did it affect XRP? Treasury Secretary Scott Bessent announced that long-term bond buyback operations would double from $2 billion to at least $4 billion per session starting Sept. 9. The buybacks pulled supply off the bond market, pushing yields down and freeing capital to rotate into risk assets including crypto. The 30-year yield fell to 5.19% within hours, triggering more than $3 billion in crypto short liquidations.

How much XRP did whales accumulate during the rally? Addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18, according to on-chain tracking data. Total whale holdings rose from 16.05 billion to 16.36 billion XRP. Additionally, whale transactions exceeding $1 million surged 280% in 24 hours, with 38 large-value transfers recorded in a single trading day.

Is the XRP rally sustainable given the overbought RSI? The Relative Strength Index reached 85.4 on Aug. 22, the most overbought reading since July 2025. In three of four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token retraced at least 15% within two weeks. However, the convergence of multiple catalyst types in this rally makes direct comparison to single-catalyst moves incomplete.

What is the current status of XRP spot ETFs? Seven U.S. spot XRP ETFs have been trading since November 2025, with issuers including Bitwise, Franklin Templeton, Grayscale, 21Shares, Canary Capital, and Volatility Shares. Cumulative net inflows have reached $1.55 billion, with the funds holding approximately 1.50% of total XRP supply. The week ending Aug. 22 saw $39.78 million in inflows, the strongest weekly pace since May.

What is the CLARITY Act and when is the vote? The CLARITY Act is proposed legislation that would classify XRP and similar tokens as digital commodities under CFTC oversight. A Senate procedural vote is scheduled for Sept. 15, 2026. Polymarket prediction contracts give it approximately 16% odds of passing. If enacted, it would give XRP the same regulatory classification as Bitcoin and Ethereum.

How does this rally compare to previous XRP moves since the SEC settlement? This is the second-largest post-settlement rally by magnitude (56%) and the first to combine macro, political, on-chain, and institutional catalysts simultaneously. The settlement rally (May 2025) was legal only, the ETF wave (November 2025) was institutional only, and the Ripple Prime rally (June 2026) was corporate only. Each previous rally eventually retraced between 60% and 100% of its gains.

What is XRP’s current price and market capitalization? As of Aug. 23, 2026, XRP trades near $1.46 to $1.51, with a total market capitalization of approximately $91.5 billion. It ranks among the top five cryptocurrencies by market cap. The 24-hour trading volume stands at approximately $9.3 billion, reflecting the elevated activity from the weekly surge.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile, and past performance does not indicate future results. Always conduct your own research before making investment decisions. Published Aug. 23, 2026.

Stanley Druckenmiller's Duquesne Family Office reported about $5.2 billion in U.S. equity holdings at the end of the second quarter. But its relatively small positions in Intel, Micron, and Broadcom -- all initially purchased in the first quarter -- were gone by the end of the quarter on June 30.

Instead, the legendary investor, with a multi-decade record of beating the market, opened a new position in Advanced Micro Devices (AMD +0.81%). While Druckenmiller is not as heavily invested in artificial intelligence stocks as he was a few years ago, he appears to remain bullish on the impact this technology could have on the economy and continues to make selective bets.

Stanley Druckenmiller. Image source: Getty Images.

Making room for other opportunities Druckenmiller was among the first to spot opportunities in AI. However, with valuations now elevated, he is now more selective about which stocks he buys. In a recent Hard Lessons interview with Morgan Stanley, he said, "We still have dribs and drabs of AI around, but it's not driving the engine anymore to some extent."

He initiated small positions in Intel, Micron, and Broadcom in the first quarter, which together accounted for about 2.5% of reported assets in his Form 13F. Intel and Micron have more than doubled year to date. Micron has benefited from a memory shortage that's pushed revenue sharply higher, while Intel is delivering its strongest revenue growth in more than a decade. After that kind of run, though, Druckenmiller may view those companies' forward growth as more fully priced in.

Broadcom remains positioned for AI data center spending, with second-quarter revenue up 48% year over year. But after a modest 5% year-to-date gain, Druckenmiller may simply see better risk/reward elsewhere.

AMD has also had a big run this year, with the shares up 120% to date, but Druckenmiller may see it as a better buy given the upcoming launch of a major new data center product.

Druckenmiller buys AMD ahead of Helios launch Druckenmiller's new position in AMD accounted for roughly 0.8% of reported assets in the second quarter. A major catalyst is its upcoming Helios rack-scale system, with OpenAI, Meta Platforms, Anthropic, and Microsoft lined up to deploy it in their data centers.

AMD appears positioned for the growth in AI inference workloads. Inference has become bigger than training as models move from learning to being used at scale. AMD has aligned its product roadmap to benefit from that shift.

Last quarter, AMD's data center revenue more than doubled year over year to $6.7 billion, and management has guided for data center sales to double again in 2027 relative to full-year 2026 revenue.

A key advantage for AMD is its chiplet architecture. This modular approach helps reduce manufacturing costs and eliminate waste in the production process. Druckenmiller may be betting that this will drive robust earnings growth that exceeds consensus estimates, which often leads to a rerating of a stock's valuation.

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CEO Lisa Su recently raised AMD's long-term outlook: "We now see the overall market for high performance and AI computing growing approximately 40% annually over the next several years, approaching $2 trillion by 2030, and we expect to grow well above the market," she said.

AMD now expects to "significantly exceed" its previous $20 annual earnings target. Faster growth, a larger market, and higher earnings expectations typically support a higher share price.

Should you follow Druckenmiller into AMD? Druckenmiller seems to see AMD at the front end of a major inference-driven opportunity. AMD still has to prove it can take market share from Nvidia, but early demand signals for Helios suggest it has a real shot.

However, investors shouldn't blindly follow Druckenmiller. Given his tendency to sometimes exit positions after one quarter, as well as the 45-day delay before a new Form 13F is released after each quarter-end, investors should do their own research on AMD before buying shares.

Netflix just hit a major milestone in the UK.

The global streamer has posted £2.06B ($2.81B) revenues for full-year 2025, meaning it generated more cash than the country’s leading commercial broadcaster, ITV, and is well ahead of smaller PSB rivals Channel 4 (£1B) and Paramount-owned 5 (£318M). The BBC‘s is funded by the licence fee and does not account in a comparable way.

Netflix’s revenue grew 11.3% from the £1.85B posted in 2024, according to a Companies House filing, with the growth pegged primarily to 7% growth in the average number of paying customers and “higher average monthly revenue” per paying member.

The 2025 figure compares with the £1.9B ITV’s media and entertainment made in its latest full-year results. The division, which houses ITV’s channel suite and streamer ITVX, is being sold to Sky. When production wing ITV Studios is added in, ITV plc posted revenues of £4.12B.

Netflix UK‘s operating profit for the financial year ended December 31, 2025, was £44.9M, up slightly on the £43.2M the year before, with profit after tax coming in at £53.3M, up 11.5%.

The news will surely be a big talking point at the final Edinburgh Television Festival this week in the Scottish capital, where Netflix and the UK’s other major streamers and broadcasters will take to stage to talk to the industry. Netflix UK’s Doc Series boss, Adam Hawkins, is the fest’s advisory chair this year.

Netflix launched in the UK in 2012 as part of its first expansion into Europe, and has since grown into one of the dominating forces in British broadcasting through shows such as Baby Reindeer, The Gentlemen and Adolescence.

With the BBC’s licence fee model in crisis, the idea of forcing streamers to support the UK’s leading public broadcaster in collecting its funding. The Motion Picture Association, which represents Netflix and the U.S. studios, has slammed the idea and even BBC Director General Matt Brittin has admitted the plan would be “difficult” to enforce.

Earlier this year, regulator Ofcom’s Media Nations report revealed Netflix was ahead of the BBC, ITV and YouTube as the service viewers first thought of when deciding what to watch. The number of 16-24s choosing the streamer first was further ahead of rivals.

The filing to Companies House showed that Netflix Services UK Limited, the company Netflix uses to house its earnings in Britain, distributed interim dividends of £30M on July 21, 2025. It also increased the amount loaned from Netflix to nearly £400M, with an extended maturity date of August 1, 2028, and became a subsidiary of Amsterdam-based Netflix International, which merged with Netflix Services Holdings in May last year.

According to the filing, Netflix employed an average of 342 staff in the UK in 2025, up from 263 the year before.

Broad measurement portfolio to enhance reliable and efficient operations across global energy assets

Emerson and Equinor will collaborate to advance technology innovation and digital operations across Equinor's global onshore and offshore assets. Emerson's broad measurement portfolio will support Equinor's operational objectives to accelerate development, extend field life, improve recovery and advance standardized operations. Thirteen-year frame agreement, including options, for measurement innovation builds on the companies' existing automation programs designed to optimize operations, helping Equinor deliver value and meet Europe's energy demands. , /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) today announced a new strategic collaboration focused on delivering measurement instrumentation technologies and services across Equinor's global offshore and onshore operations. The collaboration reinforces both companies' commitment to applying advanced automation technologies to improve operational performance and deliver value across global energy infrastructure.

As part of the agreement, Emerson will provide its broad portfolio of measurement instrumentation and analytical technologies as well as lifecycle services to help Equinor accelerate development, extend field life, improve recovery and advance standardized operations.

The agreement builds on the companies' existing digitalization initiatives while strengthening their long-standing collaboration to drive sustained operational excellence. Equinor has cooperated with Emerson for over 40 years using a vast array of its automation technologies including subsea multiphase flow meters, downhole monitoring systems, valves, emissions management systems, control systems, asset management systems and safety, pressure and temperature measurement instrumentation.

"Emerson has been a trusted technology supplier to Equinor for more than four decades, and this collaboration reinforces our shared commitment to operational excellence and innovation," said Slawomir Suchomski, Emerson president of Europe. "We're proud to deepen our collaboration with Equinor and support the company's Norwegian Continental Shelf (NCS) 2035 initiatives. Through our measurement instrumentation technologies, we'll help optimize production, improve reliability and support safe and efficient operations across its global assets."

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Emerson (NYSE: EMR) is a global automation leader delivering solutions for the most demanding technology challenges. Headquartered in St. Louis, Missouri, Emerson is engineering the autonomous future, enabling customers to optimize operations and accelerate innovation. For more information, visit Emerson.com. 

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Taiwan prosecutors said on Monday they indicted nine people, including employees of ​Nvidia (NVDA.O) and Super Micro (SMCI.O), accused of illegal ‌export of artificial intelligence servers to China.

Semiconductor powerhouse Taiwan is the world's largest producer of advanced chips used ​in AI applications. Prosecutors this year investigated ​the suspected illegal export of servers equipped with ⁠Nvidia chips subject to U.S. export controls.

Washington ​has imposed curbs since 2022 making it illegal for ​such semiconductors to be exported or sold in China.

In a statement, the prosecutors in the northern port city of ​Keelung said the defendants, whose full names they ​did not state, were "fully aware" that both Nvidia and Super ‌Micro ⁠have "rigorous internal control procedures" regarding exports.

However, the defendants "colluded with one another at various levels for enormous profit, illegally exporting high-end servers, increasing corporate compliance ​costs, and severely ​damaging our ⁠nation's international image", they added.

Neither Nvidia nor Super Micro immediately responded to ​requests for comment.

Taiwan has tightened export controls ​in ⁠recent years to keep advanced technology and know-how from reaching China, which claims the democratically governed ⁠island as ​its own territory despite the ​strong objections of the island's government.