Core Viewpoint - Blackstone's stock price experienced a significant decline following a warning from Donald Trump regarding the prohibition of institutional investors from purchasing residential properties, dropping to a low of $147 [1] Company Summary - Blackstone's stock price fell sharply as a direct reaction to the political statement made by Donald Trump, indicating potential regulatory changes that could impact institutional investment in the residential real estate market [1]

Strategists on Wall Street are increasingly looking beyond the artificial intelligence trade for fresh drivers of the US equity rally, as concerns grow that enthusiasm for AI-linked stocks may be cooling. ...

Core Insights - Applied Digital's stock rose by 7% in premarket trading following a strong second-quarter revenue report that exceeded Wall Street expectations, driven by demand for AI-related infrastructure [1] Revenue Performance - The company reported fiscal second-quarter revenue of $126.6 million, significantly surpassing analysts' expectations of approximately $88 million, and up from $36.16 million in the same period last year, indicating rapid growth due to increased demand for AI training and deployment [2] - Applied Digital posted a net loss of $19.1 million, or 7 cents per share, a notable improvement from a loss of $139.4 million, or 66 cents per share, in the prior-year quarter, with adjusted earnings breaking even compared to analyst forecasts of a 16 cents loss [3] Long-term Leasing Agreements - Growth is supported by long-term leasing agreements with hyperscalers, including a recent $5 billion lease for 200 megawatts of capacity at the Polaris Forge 2 campus in North Dakota, with existing leases expected to generate approximately $16 billion in revenue over their terms [4][5] - The strategic advantages of the region, such as a cool climate and abundant energy supply, position Applied Digital as a competitive provider for hyperscale customers [5] Future Outlook - Based on current and anticipated lease activity, the company expects to exceed its $1 billion net operating income target within the next five years, supported by projections for additional hyperscaler customers [6] Corporate Restructuring - Applied Digital is restructuring its corporate framework to focus on becoming a data center-focused real estate investment trust, planning to spin off its cloud services business and merge it with Ekso Bionics to create a new AI-focused entity called ChronoScale, retaining a 97% ownership stake [8][9]

BT Group share price has remained under pressure, even as the FTSE 100 Index has jumped to a record high. It has dropped by 4% in the last six months, while the Footsie has jumped by 14%. ...

Core Viewpoint - Tesco's shares declined over 5% following the announcement of like-for-like sales growth that fell short of market expectations, despite a solid overall performance [1] Group 1: Company Performance - Tesco reported like-for-like sales growth that did not meet market expectations, leading to a significant drop in share price [1] - The company's overall performance was solid, but the disappointing sales figures overshadowed this success [1]

JPMorgan Chase has agreed to take over the Apple credit-card program from Goldman Sachs, marking a significant shift in the US consumer finance landscape and bringing an end to Goldman's troubled fora... ...

Global copper demand is projected to increase by 50% by 2040, driven by growth in the artificial intelligence and defense sectors. However, according to the consultancy S&P Global, annual supplies ar... ...

Samsung Electronics expects record, above-consensus earnings for the final quarter of 2025, underscoring the scale of an artificial-intelligence-driven rebound in the global memory-chip market. The So... ...

Core Viewpoint - India's market regulator has accused Bank of America of improperly sharing material nonpublic information related to a major block trade in 2024 and of misleading investigators during a subsequent probe [1] Group 1 - The accusation involves improper sharing of material nonpublic information [1] - The allegations also include misleading investigators during the probe [1]

Core Viewpoint - US stock markets reached new intraday records before experiencing a pullback, indicating a mixed trading environment influenced by conflicting economic indicators [1] Group 1: Market Performance - The Dow Jones Industrial Average decreased by approximately 0.5% [1] - The S&P 500 index remained essentially flat, reflecting a lack of decisive movement [1] Group 2: Economic Indicators - Strong economic data from the services sector contributed to initial market gains [1] - Weak employment numbers created tension in the market, leading to profit-taking by investors [1]