Berkshire Hathaway shares surged to a record high, surpassing levels seen before Warren Buffett's CEO departure announcement. The rise followed strong second-quarter earnings, significant stock buybacks, and new investments, including a substantial stake in Alphabet.
BlackRock Canada has launched two new ETFs, including the iShares Equity + Bitcoin ETF Portfolio (IBQT). This fund allocates 97% to global equities and 3% to Bitcoin via BlackRock's Canadian iShares Bitcoin ETF.
TPG Mortgage Investment Trust (MITT) has agreed to acquire Cherry Hill Mortgage Investment Corp. (CHMI) in a cash-and-stock deal valued at approximately $117.5 million. The transaction will create a combined residential mortgage REIT platform with a $9 billion investment portfolio.
Home equity investment provider Unison announced the closure of its UNSN 2026-2 securitization, backed by $235 million in assets through the Unison Midgard Fund. This marks the company's eighth securitization and received a rating from DBRS Morningstar, with Barclays as lead bank.
Intel announced plans to raise $15 billion through a share sale to fund its contract manufacturing business expansion. The company's stock has surged this year, but shares fell in premarket trading due to potential shareholder dilution concerns.
Brazilian planemaker Embraer reported a record second-quarter revenue of 11.34 billion reais, a 10% year-on-year increase. Net profit rose 25% to 1.11 billion reais, and the company's backlog reached an all-time high of $29.7 billion.
Embraer reported a 25% increase in Q2 net profit to 1.11 billion reais and record quarterly revenue of 11.34 billion reais.
Embraer raises 2026 guidance and highlights strong Defense & Security performance.
Michael Burry criticized some dot-com boom winners as "complete idiots" who made fortunes despite detached stock prices. Mark Cuban, a prominent dot-com era billionaire, playfully responded to Burry's remarks on X, referencing his own sale of Broadcast.com to Yahoo.
Retail investors sold a net $4.5 million in SpaceX shares on August 7, marking the first net selling since the company's June 12 debut. The shift from consistent buying to selling suggests profit-taking rather than panic selling, as shares rebound near their IPO price.
Vistry shares dropped nearly eight percent after reports that credit insurer Allianz Trade has cut its cover for the housebuilder's suppliers, raising concerns about cash flow. The company denies any supply chain interruptions.
Trading platform Plus500 reported a 1% rise in half-year core profit to $187.5 million, driven by increased trading activity and expansion in its U.S. business. The company also announced $182.5 million in shareholder returns.
South Korean stocks closed modestly higher on Monday, ending a two-day losing streak. Bargain hunting in chip-related shares, influenced by Wall Street's record rally, drove the gains, though the Korean won weakened against the U.S. dollar.
UBS's average daily value-at-risk (VAR) in the second quarter reached $21 million, a 90.9% increase from the prior quarter and the highest level since at least 2014. This surge in hedging activity occurred as equity markets navigated geopolitical turmoil.
China's state-backed investors, dubbed the 'National Team,' are reportedly selling AI stock holdings to cool an overheated market. This intervention comes as investors increasingly pivot towards Chinese AI giants due to significant valuation gaps compared to U.S. peers.
Hedge fund Situational Awareness has invested $400 million in chip startup Source Foundry, bringing its total investment to $500 million. The fund, founded by former OpenAI researcher Leopold Aschenbrenner, recently faced significant losses in AI infrastructure stocks.
