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THE DAILY PULSE


Silver Tops $100 an Ounce for the First Time
Silver breached the $100-per-ounce mark for the first time on record, climbing nearly 4% in morning trading to $100.10. The milestone extends a historic run for precious metals that has made materials one of the market's leading sectors this year. The rally is flowing directly into silver producers' financials. Hecla Mining recently reported operating cash flow up 61% year over year to $175 million, with free cash flow more than doubling to $136 million and consolidated cash
Aug 101 min read


Oil Wavers as U.S.-Iran Hormuz Deal Remains Elusive
Oil prices were choppy Monday as traders weighed conflicting signals on whether the U.S. and Iran can reach a deal to reopen the Strait of Hormuz. Brent crude for October delivery rose 0.81% to $84.23 a barrel, while U.S. West Texas Intermediate advanced 0.83% to $78.83. Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with Washington, and Iran has asked for compensation as a condition of reopening the waterway. The strait remains effective
Aug 101 min read


BofA Lifts Coca-Cola Target to $100 After Strong Quarter
Bank of America raised its price target on Coca-Cola to $100 from $95 and reiterated its Buy rating, calling the 107-year dividend payer attractively valued after a strong second-quarter report. Coca-Cola's Q2 results showed net revenue up 7% to $13.4 billion and earnings per share up 11% to $0.97. The company also raised its full-year outlook, now projecting 5% organic revenue growth and 9% to 10% EPS growth for 2026. Shares closed at $87.10 on Monday, leaving roughly 15% up
Aug 101 min read


Goldman Adds UPS to Conviction List as Turnaround Takes Hold
Goldman Sachs added United Parcel Service to its US Conviction List in its August update, citing the completed Amazon volume transition and structural cost leverage emerging from the carrier's network redesign. UPS shares closed Friday at $104.50, up 1.3%, still about 14% below their 52-week high. The endorsement lands alongside a fresh $1.64 quarterly dividend declaration payable September 3, extending a streak of maintained or increased dividends every year since the compan
Aug 91 min read


CPI Report Wednesday Tests a Market Sitting at Record Highs
Wall Street heads into the week of August 10 perched at record levels, with the S&P 500 closing Friday at an all-time high of 7,757.64 and the Nasdaq climbing 1.3% to 26,690.62. The rally was fueled by a surprise July jobs report showing employers cut 23,000 positions, which boosted bets on a Federal Reserve rate cut in September. The next test comes Wednesday, when the July Consumer Price Index lands at 8:30 a.m. Consensus expects headline inflation to ease to 3.4% year over
Aug 91 min read


Super Micro Rallies 6% on AI Rack Push Ahead of Monday Earnings
Super Micro Computer shares rose about 6% Friday to $31.13 after the company unveiled new high-density, liquid-cooled AI data center racks that ship factory-integrated for rapid rack-scale deployment. The move reinforces the company's position as a core hardware supplier for the AI buildout. Adding to the momentum, AMD and Spectro Cloud introduced the AMD Instinct Coder turnkey inference solution built on Supermicro GPU systems, underscoring the company's role in enterprise A
Aug 91 min read


Kroger Taps TikTok to Expand Its Retail Media Ad Business
Kroger's retail media arm, Kroger Precision Marketing, is partnering with TikTok to let advertisers use the platform's self-service tools to target ads to Kroger shoppers based on purchase data. The deal expands a data-driven advertising model the grocer already runs on YouTube through an earlier Google collaboration. Retail media has become a key profit lever for Kroger as its core grocery business faces pricing pressure from Walmart and Costco. The company is also leaning i
Aug 91 min read


Hecla Rides Silver Above $60 as Cash Flow Hits Records
Hecla Mining shares have climbed from the mid-$14s to around $16.85 as of Friday, riding a silver rally that pushed the metal near $61.81 an ounce. The advance caps a strong stretch for the largest US silver producer following its second-quarter report. While Q2 revenue of $333.9 million missed consensus, the underlying operations impressed: operating cash flow jumped 61% year over year to $175 million, free cash flow doubled to $136 million, and silver output rose 8% sequent
Aug 91 min read


NIO July Deliveries Jump 71% as EV Momentum Builds
NIO delivered 35,934 vehicles in July, a 71% increase from a year earlier, as the Chinese electric-vehicle maker continues to scale output. Year-to-date deliveries reached 227,057 vehicles, up 68% from the same period in 2025. Cumulative deliveries hit 1,224,649 vehicles as of July 31, underscoring the company's steady climb since its founding. The growth comes as competition in China's EV market intensifies, with an ongoing price war pressuring margins across the sector. Inv
Aug 81 min read


Tilray Posts Record $915 Million Year as Diversification Pays Off
Tilray Brands reported record revenue of more than $915 million for fiscal 2026, driven by a diversified mix of beverage alcohol, cannabis, and wellness products. The result marks a high-water mark for the company's multi-segment strategy. The beverage business, built through a series of craft brewing acquisitions, has become a meaningful contributor alongside the core cannabis operations, helping smooth revenue in a choppy regulatory environment. Shares traded around $4.48 F
Aug 81 min read


S&P 500 Hits Record as Surprise July Job Losses Calm Rate Fears
Stocks closed higher Friday after a surprisingly weak July jobs report reinforced expectations that the Federal Reserve can keep interest rates on hold. The S&P 500 advanced 0.62% to a record close of 7,757.64, the Nasdaq Composite climbed 1.3% to 26,690.62, and the Dow Jones Industrial Average added 151.83 points, or 0.28%, to finish at 54,036.93. The Bureau of Labor Statistics reported that nonfarm payrolls fell by 23,000 in July, well below the 83,000 gain economists had e
Aug 81 min read


Robinhood Wins UK Crypto Approval as Expansion Push Accelerates
Robinhood Markets has secured approval from the U.K. Financial Conduct Authority to offer crypto services in Britain, a milestone in the brokerage's international expansion. The clearance opens one of the largest crypto retail markets outside the U.S. to the platform. The approval lands alongside a string of growth initiatives. Robinhood is completing its acquisition of WonderFi, a Canadian crypto firm, for C$250 million, and is preparing to launch its second venture fund, ta
Aug 81 min read


Riot Opens $500 Million Stock Offering as Bitcoin Output Slips
Riot Platforms has opened a $500 million at-the-market stock offering, raising fresh capital at a time when its bitcoin production is declining. The move extends a busy stretch for the miner, which reported second-quarter results this week amid expectations of significant losses and revenue near $149 million. The company is increasingly positioning itself as a developer of large-scale data centers rather than a pure bitcoin miner. Riot began generating revenue from a data cen
Aug 81 min read
David Sinclair Launches Lifespan.com Media Platform on Joe Rogan
Harvard geneticist David Sinclair unveils Lifespan Group and Lifespan.com — a scientist-run longevity media platform — the same day he lands National Geographic's cover for his human de-aging trial.
Aug 82 min read


DraftKings Beats on EPS but Revenue Slips as World Cup Payouts Bite
DraftKings reported mixed second-quarter results on Thursday. Revenue of $1.44 billion fell 5% year over year and missed the roughly $1.52 billion consensus, while earnings of $0.09 per share comfortably beat the $0.02 analysts expected. Adjusted EBITDA fell about 62% to $114.6 million. The shortfall was driven by customer-friendly outcomes, including the New York Knicks' NBA championship run and a string of bettor wins during the World Cup, along with higher promotional spen
Aug 71 min read


Airline Stocks Slide as Rebounding Crude Revives Fuel-Cost Worries
Airline shares came under pressure Thursday as oil's renewed climb reignited concerns about fuel costs. American Airlines fell more than 3% and Delta Air Lines slipped about 1.3%, giving back part of the sector's recent run to multiyear highs that had been fueled by hopes of a resolution to the Iran conflict. Fuel remains the swing factor for the group's 2026 economics. Delta has said it expects fuel costs to run about $4 billion higher this year than in 2025, and carriers ac
Aug 71 min read


Dow Snaps Win Streak With 464-Point Drop as Oil Jumps Ahead of Jobs Report
Stocks pulled back from record territory on Thursday as a flare-up in geopolitical risk pushed oil prices higher and rekindled inflation worries. The Dow Jones Industrial Average fell 464 points, or 0.9%, to close at 53,885, snapping its record-setting win streak, while the S&P 500 slipped 0.2% to 7,709.96. Treasury yields rose alongside crude, pressuring rate-sensitive corners of the market a day after yields had eased on optimism around a potential Hormuz shipping deal. Ene
Aug 71 min read


Genius Sports Revenue Surges 65% in First Quarter With Legend
Genius Sports posted second-quarter revenue of $195.5 million on Thursday, up 64.7% from a year earlier and ahead of the company's $185 million guidance. It was the first quarter reflecting the combination with Legend, whose contribution helped the media technology, content and services division grow nearly 193% to $78.2 million. The growth came with a wider bottom-line loss: the net loss increased 42% year over year to $76.7 million, bringing the first-half loss to $132.2 mi
Aug 71 min read


Hertz Tops Estimates as Q2 Revenue Hits $2.4 Billion
Hertz Global reported second-quarter results on Wednesday that came in ahead of Wall Street expectations, sending shares up roughly 11% in premarket trading. Revenue totaled $2.4 billion, up 10% from a year earlier, driven by the company's strongest second-quarter revenue per day on record outside the 2022 pandemic peak. GAAP net income was $64 million, or $0.05 per diluted share, while the adjusted net loss of $47 million, or $(0.11) per share, was far narrower than the roug
Aug 71 min read


Clover Health Beats on Q2 and Raises Full-Year Outlook
Clover Health reported second-quarter 2026 results after the close on Tuesday, posting earnings of $0.05 per share against a consensus estimate of $0.04. Revenue came in at $743.2 million for the quarter, ahead of analyst expectations of roughly $728 million. Alongside the beat, the Medicare Advantage insurer raised its full-year outlook. Management now guides to 156,000 to 158,000 average members, $2.92 billion to $3.00 billion of revenue, $525 million to $555 million of gro
Aug 61 min read
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