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Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Zcash Slides 5.5% to $783.60 After Grayscale ETF Launch Profit-Taking
ZECUSD fell 5.5% to $783.60 on August 25 following profit-taking after the Grayscale Zcash ETF launch, though the RSI at 84.77 signals extreme overbought conditions.
Sony Stock Faces Pressure as PlayStation Blackout Protest Enters Day 3
Sony faces a PlayStation Blackout protest from August 23-30 as gamers boycott over the company’s plan to end physical disc production by January 2028. Digital sales already dominate PlayStation revenue.
Social Security 2027 COLA Announcement Set for October 14, 2026
Social Security 2027 COLA will be announced October 14. Latest forecasts project 3.6% increase, raising average monthly checks by about $75 starting January 2027.
Ticketmaster Cancels Scalped Tickets to Olivia Rodrigo Tour, Releases at Face Value
Ticketmaster cancels scalped tickets to Olivia Rodrigo’s The Unraveled Tour and rereleases them at face value. Fans can request recovered tickets through August 28, with Silver Star tickets available from September 1.
Callaway Stock Drops 2.8% After Controversial Ad Depicting Violence Against Women
Callaway Golf stock fell 2.8% after the company approved a controversial ad depicting violence against women. CEO Chip Brewer apologized and announced investigations into approval processes.
Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month
Global stablecoin card spending is projected to reach $50 billion annually by 2028, according to payments firm RedotPay. The forecast follows a record month, with stablecoin card spend crossing $1 billion for the first time in July 2026. Growth is running fastest across Latin America, Africa, and Asia-Pacific. July’s Record Month, By the Numbers Stablecoin-funded…
Lego Profit Surges 32% as ‘Stronger Than Expected’ First Half Sets Up Double-Digit 2026 Growth
Lego posted a 32% jump in first-half net profit on Tuesday, August 25, 2026. The Danish toymaker reported 8.6 billion Danish kroner ($1.34 billion) in profit. CEO Niels Christiansen called results “stronger than expected across the board.” First-Half Results by the Numbers Lego generated record first-half revenue of 41.9 billion Danish kroner ($6.54 billion), up…
Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…