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SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Macro

SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low

Short interest in SpaceX fell to about 11% of the company's publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.

cnbc.com · Aug 12, 2026 · 1 min read
Japan and the U.S. just spent billions to try to save the yen. Why is it already losing ground?
Macro

Japan and the U.S. just spent billions to try to save the yen. Why is it already losing ground?

Economists point out that the U.S.-Japan intervention—as significant as it may be—doesn’t tackle the underlying reasons behind the yen’s weakness.

fortune.com · Aug 12, 2026 · 1 min read
Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them
Macro

Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

fortune.com · Aug 12, 2026 · 1 min read
Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We’re status-oriented animals’
Macro

Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We’re status-oriented animals’

The billionaire Bitcoin mogul Michael Saylor says technology has already made luxuries once reserved for kings commonplace.

fortune.com · Aug 12, 2026 · 1 min read
Cooling U.S. Inflation Points To The Fed Holding Steady
Macro

Cooling U.S. Inflation Points To The Fed Holding Steady

Recent inflation reports reveal a cooling trend in U.S. consumer prices, prompting speculation about the Federal Reserve's next steps on interest rates. As inflation figures stabilize, we explore key drivers behind this trend, potential implications for monetary policy, and what it could mean for consumers and investors alike. ## BODY: Inflation has long been a focal point of economic discussions, particularly as the U.S. economy emerges from the disruptions caused by the COVID-19 pandemic. Re

assetmarketcap.com · Aug 12, 2026 · 5 min read
New York City Council announces probe into prediction market platforms’ marketing strategies
Macro

New York City Council announces probe into prediction market platforms’ marketing strategies

In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.

cnbc.com · Aug 12, 2026 · 1 min read
Dow Jones Futures Rise With CPI Inflation Due; AI Stocks Rally As 3 Nvidia Partners Lead Earnings Movers
Macro

Dow Jones Futures Rise With CPI Inflation Due; AI Stocks Rally As 3 Nvidia Partners Lead Earnings Movers

Dow Jones futures saw a modest rise as investors anticipate the release of the July Consumer Price Index (CPI) report. Key players in the AI sector, including Nvidia partners Lumentum, Super Micro Computer, and CoreWeave, posted strong earnings, propelling their stocks higher. Meanwhile, oil prices continue to climb amid geopolitical tensions in the Strait of Hormuz. ## BODY: As the financial markets prepare to digest crucial economic indicators, **Dow Jones futures experienced a modest uptick

assetmarketcap.com · Aug 12, 2026 · 4 min read
Forget the gala, these Silicon Valley schools run their own venture capital funds
Macro

Forget the gala, these Silicon Valley schools run their own venture capital funds

A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could c

fortune.com · Aug 12, 2026 · 1 min read
Universities are buying and selling property for data centers, prompting concerns about an AI brain drain
Macro

Universities are buying and selling property for data centers, prompting concerns about an AI brain drain

The George Washington University recently sold its Virginia campus to Amazon, and The University of Michigan proposed a new $1.2 billion data center development.

fortune.com · Aug 12, 2026 · 1 min read
Kalshi’s CEO is racing to build a futures market for AI’s most precious resource, which could be worth $100 trillion by 2030
Macro

Kalshi’s CEO is racing to build a futures market for AI’s most precious resource, which could be worth $100 trillion by 2030

Compute is the new oil—but building its futures market may be just as messy.

fortune.com · Aug 12, 2026 · 1 min read
CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
Macro

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.

fortune.com · Aug 12, 2026 · 1 min read
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
Macro

EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data

The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

cnbc.com · Aug 12, 2026 · 1 min read
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Macro

Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

cnbc.com · Aug 11, 2026 · 1 min read
Why JPMorgan is investing big in the 2028 LA Olympics
Macro

Why JPMorgan is investing big in the 2028 LA Olympics

JPMorgan is making a nine-figure bet as the Olympics Games' first-ever global banking partner.

cnbc.com · Aug 11, 2026 · 1 min read
Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Macro

Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach

Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.

cnbc.com · Aug 11, 2026 · 1 min read
AI computing power is becoming a tradable asset class as CME launches futures contracts
Macro

AI computing power is becoming a tradable asset class as CME launches futures contracts

The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.

cnbc.com · Aug 11, 2026 · 1 min read
Polymarket makes moves to get house in order before expected boom times for prediction markets this fall
Macro

Polymarket makes moves to get house in order before expected boom times for prediction markets this fall

The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.

cnbc.com · Aug 11, 2026 · 1 min read
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
Macro

Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.

cnbc.com · Aug 11, 2026 · 1 min read
Apple stock sinks as hopes that new CEO John Ternus will launch a high-end, ‘all-glass’ iPhone are shattered
Macro

Apple stock sinks as hopes that new CEO John Ternus will launch a high-end, ‘all-glass’ iPhone are shattered

Everything you need to know before you reach the office this morning.

fortune.com · Aug 11, 2026 · 1 min read
Jackie the Bald Eagle, social media star of California for a decade, leaves ‘heartbroken’ fans behind with her death
Macro

Jackie the Bald Eagle, social media star of California for a decade, leaves ‘heartbroken’ fans behind with her death

The nonprofit Friends of Big Bear Valley installed the nest camera in 2015 and documented the successes and failures of each breeding season.

fortune.com · Aug 11, 2026 · 1 min read
FDA’s new additive list isn’t a ban — and won’t be checked
Macro

FDA’s new additive list isn’t a ban — and won’t be checked

Companies self-certify their own additives are safe, then just tell the FDA. Nobody checks their homework.

fortune.com · Aug 11, 2026 · 1 min read
Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
Macro

Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push

The capital package highlights the growing role of private capital in financing the costs of the artificial intelligence boom.

cnbc.com · Aug 10, 2026 · 1 min read
Three reasons Goldman's co-head of global banking and markets says to stay invested
Macro

Three reasons Goldman's co-head of global banking and markets says to stay invested

Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook.

cnbc.com · Aug 10, 2026 · 1 min read
A fossil lost for 20 years just rewrote the map of dinosaur ancestry
Macro

A fossil lost for 20 years just rewrote the map of dinosaur ancestry

Researchers at Brazil's Federal University of Santa Maria confirmed a 240-million-year-old species, after rediscovering a missing fossil fragment.

fortune.com · Aug 10, 2026 · 1 min read
Boards are expanding the CFO’s mandate—with COO duties increasingly in the mix
Macro

Boards are expanding the CFO’s mandate—with COO duties increasingly in the mix

Zillow expanded its CFO's role to include COO duties, and Zoetis created a similar combined role for its incoming finance chief.

fortune.com · Aug 10, 2026 · 1 min read
How stalled models, missed deadlines, and staff burnout led to the unraveling of Google’s DeepMind
Macro

How stalled models, missed deadlines, and staff burnout led to the unraveling of Google’s DeepMind

Within DeepMind, current and former employees say tensions have been simmering for months.

fortune.com · Aug 10, 2026 · 1 min read