Latest intelligence

Fars News: US, Israeli Ships Barred from Strait of Hormuz · According to Iran's Fars News Agency, under an agreement, US and Israeli ships are banned from transiting the Strait of Hormuz. This could heighten regional tensions and impact global oil shipments.

GOOGL: Alphabet's Large Bond Sale Attracts About 1150 Billion USD in Demand · Alphabet (GOOG.O) attracted about 1150 billion USD in demand for its large bond sale. This indicates market confidence in the company's creditworthiness.

BNP Paribas Raises Western Digital Price Target · BNP Paribas raised its price target for Western Digital (WDC.O) from 660 USD to 700 USD. This adjustment reflects a positive outlook on the company's future performance.

Houthis Warn Saudi Arabia: Any Aggression Will Have Consequences · The Houthis warned Saudi Arabia that any aggression will have consequences. This statement escalates regional tensions and could impact energy market stability.

DDOG: Software Stocks Fall as Datadog, HubSpot Earnings Raise AI Pricing Questions · Software stocks declined as earnings from Datadog and HubSpot raised questions about AI pricing. Investors are concerned that the commercialization of AI may be slower than expected.

Applovin stock tanks on Q2 revenue miss · Applovin's revenue fell short of expectations, causing its stock to plunge. The miss may indicate slowing growth or competitive pressures. Investors are concerned about the company's future performance.

US stocks mixed at open; storage sector weak, AppLovin falls

At the US stock market open, the Dow rose 0.14%, the S&P 500 was near flat, and the Nasdaq fell 0.3%. The storage sector was under pressure, with SanDisk (SNDK.O) down 13%, Western Digital (WDC.O) down 19%, and SK Hynix (SKHY.O) down 7.8%. Mobile ad platform giant AppLovin (APP.O) fell 17.8% after second quarter revenue missed estimates.

NVDA: Shenzhen Jiaxian Communication: Nvidia AI-RAN Team Visited, Technical Working Group Established

Shenzhen Jiaxian Communication announced that Nvidia's AI-RAN technical team visited the company, and the two sides have established a technical working group. This indicates that cooperation in the AI-RAN field has entered a substantive stage, potentially advancing related technology development and application.

GOOGL: Alphabet (GOOG.O) Seeks up to USD 250 Hundred Million via Bond Issuance · Alphabet is seeking to raise up to USD 250 hundred million through a bond offering. The move could provide the company with additional capital for general corporate purposes.

GOOGL: Alphabet Plans Bonds with Various Maturities Amid AI Spending Concerns

Alphabet announced plans to issue bonds with various maturities, amid market concerns over AI spending. The bond sale aims to raise funds, though specific use remains undisclosed. Investors are watching whether this reflects the company's stance on AI investment.

Oman and Iran to Issue Joint Statement on Hormuz Transit Corridor · According to Al Arabiya TV, Oman and Iran will soon issue a joint statement regarding the transit corridor in the Strait of Hormuz. This could affect passage arrangements through the strategic waterway.

Zscaler to Host fourth quarter Earnings Call · Zscaler will host an earnings conference call for the fourth quarter of fiscal year 2026.

SNDK: SanDisk Q4 2026 earnings beat but stock falls on weak guidance · SanDisk reported earnings that exceeded expectations, but the stock declined due to weak guidance. This indicates market concerns about the company's near-term growth prospects.

DDOG: Datadog Earnings Top Views. Software Stock Plunges As Revenue Outlook Underwhelms. · Datadog reported earnings that beat expectations, but its revenue outlook disappointed, causing the stock to plunge. This indicates market concerns about the company's future growth prospects.

AppLovin second quarter Revenue Misses Street Views · Shares of AppLovin (APP) tumbled early Thursday after the mobile technology company's second-quarter revenue fell short of expectations.

SNDK Plummets Premarket: Analysts Cite 'Muted Pricing' Guidance Despite Record Revenue, $14B Buyback Plan

Analysts focused on the average selling prices for Sandisk's memory chips and lower projected profit margins in the upcoming quarter. Despite record revenue, the guidance fell short, causing shares to drop premarket. The company announced a $14B buyback plan.

FT: Fed Chair Warsh Ready for September (9) Rate Hike if Inflation Strong and Rate Expectations Rise

The Financial Times, citing sources, reported that Fed Chair Warsh is prepared to raise rates at the September (9) meeting if upcoming inflation data is strong and market expectations for higher borrowing costs rise. This indicates the Fed's policy path remains data-dependent and market-sensitive. The report is based on unnamed sources and has not been officially confirmed.

SNDK: Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings

Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street's hottest bets this year. Both companies forecast quarterly revenue that beat estimates compiled by LSEG, but fell short of high market expectations.

Cathie Wood's ARK Buys the Dip in NVDA, CRCL, SPCX Stocks – Dumps PLTR, SHOP, RBLX Shares · ARK Invest added to Circle after the company missed Wall Street's earnings and revenue expectations, and sold Shopify after an earnings beat.

Citi Raises Cisco Price Target · Citi raised its price target for Cisco (CSCO.O) from 112 USD to 139 USD. The adjustment reflects a positive outlook on the company.

Citi Raises Shopify Price Target · Citi raised its price target for Shopify from 150 USD to 196 USD. The adjustment reflects a positive outlook on the company's future performance.

Citi Cuts Sandisk Price Target · Citi lowered its price target for Sandisk (SNDK.O) from 2500 USD to 2100 USD. The adjustment reflects a reassessment of the company's future prospects.

Trump's Past 24 Hours: A Summary (2026-08-06)

Over the past 24 hours, Trump said he prefers a deal with Iran and may have to raise oil prices, while a reported ammunition-shortage dispute with his Defense Secretary was denied by the White House and his helicopter had a safety incident. He has repeatedly consulted Fed Chair Warsh on the economy, and Gulf states have urged him to abandon strikes against Iran. These developments could affect geopolitical risk and energy markets.

Sandisk shares slide as cautious guidance overshadows strong AI-driven growth

Sandisk (NASDAQ:SNDK) shares fell in premarket trading on Thursday after the flash memory manufacturer issued first-quarter guidance that failed to meet investors' elevated expectations, despite another quarter of exceptional growth fuelled by artificial intelligence demand.

AppLovin shares tumble as revenue miss and cautious outlook outweigh earnings beat

AppLovin's revenue fell short of expectations and the company gave a cautious outlook, causing shares to drop despite an earnings beat. This suggests investors are focusing on growth prospects rather than short-term profitability.