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On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federer’s net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brand’s missed sales expectations.
US 30-Year Bond Yields Hit 19-Year High of 5.23% Ahead of August 12 CPI Report
US 30-year Treasury yields hit 5.23% on August 12, 2026, the highest since 2007. Inflation fears and fiscal deficits are pushing long bonds higher as investors await CPI data.
Samsung (005930.KS), SK Hynix Shares Surge Over 8% on Report Temasek Plans Investment in Korean Chipmakers
Samsung Electronics and SK Hynix shares jumped more than 8% each on Wednesday, August 12, 2026, after local media reported that Singapore’s Temasek Holdings plans direct investments in both memory chipmakers. The report sent South Korea’s benchmark KOSPI index up as much as 5.1%, touching an intraday high of 6,590 points. Samsung trades under ticker…
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Bitcoin Price Today: BTC Slips Below $64,000 to $63,921 as Strategy Sells 1,690 BTC for $108.6 Million
Bitcoin slipped below the $64,000 mark on August 11, 2026, trading near $63,921 as investors weighed fresh selling pressure and wider market risks. The move came after Strategy sold 1,690 BTC for $108.6 million between August 3 and August 9. The sale adds another development for one of the world’s largest corporate Bitcoin holders. With…
Gold Price Today: Gold (GC=F) Tops $4,400 an Ounce, Gains 1.08% Ahead of Key US Inflation Data
Gold prices moved above $4,400 an ounce on August 11, 2026, as investors turned their attention to upcoming US inflation data. Gold futures climbed to around $4,435 after reaching a more than two-month high of $4,434.84. The rally has lifted bullish sentiment, but the next inflation reading could test that strength. Traders are watching for…
Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…