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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.
Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
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…
Gas prices fall across North America as crude dips below $80
US gas prices fall 9 cents to $4.01/gallon as crude oil declines. Buffalo at $4.23, Tennessee at $3.55. Strait of Hormuz recovery hopes ease global oil supply concerns.
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…
Jharkhand Students Storm Assembly Over Exam Fraud; Police Use Tear Gas
Jharkhand students protested exam irregularities on August 10, clashing with police. Chief Minister Soren promised reforms while opposition demands CBI probe into JPSC-JSSC recruitment system failures.