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1 | Making it look easy – Nvidia, a litmus test for the AI boom, posted Q2 results that mostly beat Wall Street estimates, though shares slipped after the announcement because data-center revenue missed slightly. The company also announced a $60 billion share buyback and projected AI infrastructure spending could hit $3–$4 trillion by decade’s end. (Source: CNBC) |
2 | No, no, I ordered sticky toffee pudding, not sticky inflation – UK inflation jumped to 3.8% in July (the fastest pace among G7 nations) and is on track to hit 4% in September, twice the Bank of England’s (BoE) target and enough to reignite fears of sticky price pressures. With wage growth still running hot and public sensitivity to inflation climbing, the BoE may tap the brakes on future rate cuts, even as the job market shows signs of cooling. (Source: Reuters) |
3 | Wasn’t so grand after all – Once China’s fastest-growing property developer, Evergrande was delisted from the Hong Kong Stock Exchange on August 25, closing the chapter on a company whose 2021 collapse under $300 billion in debt rattled global markets and exposed China’s deep reliance on real estate for growth. What remains is staggering: 1,300 unfinished projects across 280 cities, hundreds of thousands of homebuyers in limbo, and a liquidation process clawing at the remnants of a corporate empire. (Source: New York Times) |
4 | Sign me up! … Wait, what is that? – Nearly half of retirement-plan participants say they’d invest in private equity or debt if given access—up from 36% last year—despite only 12% feeling “very knowledgeable” about the asset class. Among those interested, 6% would allocate more than 15% of their savings, while 36% would invest 10–15%, and 51% would keep it under 10%. (Source: Barron's) |
5 | Won’t forget this wallet – Generation X is emerging as a global economic powerhouse with, expectations of driving $15.2 trillion in global spending in 2025, including $5 trillion in the US alone. With peak earning years, accumulated wealth, and a dual role supporting both parents and adult children, they’re shaping the financial future more than any other generation. (Source: USA Today) |
6 | Old is gold? – In a rare market twist, the median price of existing homes in the US has surpassed that of new homes, flipping the long-standing norm in which new builds typically cost 15–20% more. This reversal is driven by a glut of unsold new homes (the highest in 15 years excluding the pandemic) and aggressive builder discounts, while existing homeowners remain locked into low pandemic-era mortgage rates and reluctant to sell. (Source: Sherwood News) |
7 | Cracking that egg a bit early – Financial strain is pushing more workers to raid their nest eggs: nearly 40% have already tapped retirement savings, and another third expect to do so within a year. Gen Z stands out, struggling to balance debt, rising costs, and unexpected emergencies—with 42% citing debt repayment as the main reason for withdrawals. (Source: Investment News) |
8 | Best believe I'm still bejeweled – Stocks of companies that sell diamond rings popped after Travis Kelce popped the question to Taylor Swift. Shares of Brilliant Earth, a small jewelry company, lifted 20% in the hours after the big announcement. Taylor's ring is estimated to be 7-10 carats and is estimated to have cost between $3.5 and $5 million. (Source: Sherwood News and People) |
9 | Pixel-perfect pop princesses in their prime – Netflix’s animated hit KPop Demon Hunters has officially become the platform’s most-watched movie ever, racking up 236 million views since its June 20 debut. The film dethroned Red Notice after a three-year reign and even scored a rare theatrical sing-along release, grossing an estimated $18–$20 million at the box office. (Source: Variety) |
10 | Catch him if you can – Josh Naylor, the first basemen for the Seattle Mariners, has quietly become one of baseball’s best base stealers, swiping 22 bags this season—including 11 in the past month—while being caught just twice. He’s stolen third five times, succeeded against multiple Gold Glove catchers, and is converting at a 92% success rate. (Source: The Athletic)
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