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Key News 1. Federal Reserve official Hammark reiterated that interest rate hikes are now imperative. 2. US July PPI annual rate hit 4.7%, a new low since March, below market expectations of 4.9%. Individual Stock News 1. Apple (AAPL.O) is reporte

2026-08-13

Key News 1. Federal Reserve official Hammark reiterated that interest rate hikes are now imperative. 2. US July PPI annual rate hit 4.7%, a new low since March, below market expectations of 4.9%. Individual Stock News 1. Apple (AAPL.O) is reportedly in talks to pay publishers to improve its AI Siri. 2. Cisco (CSCO.O) fell more than 7% pre-market after issuing conservative AI revenue guidance for fiscal year 2027 and raising questions about order conversion efficiency. 3. S&P Global expanded its partnership with Microsoft (MSFT.O) to integrate rich key intelligence data into Microsoft 365 Copilot. 4. AI chipmaker Cerebras (CBRS.O) fell more than 16% pre-market after reporting second-quarter revenue of $180.1 million, missing expectations. 5. Lenovo CEO: Partnership with Nvidia (NVDA.O) plans to launch AI PCs equipped with RTX chips later this year. 6. Virgin Galactic (SPCE.N) fell 12% in pre-market trading after reporting second-quarter results that beat Wall Street expectations but fell short of the same period last year. 7. Insurtech company Accelerant (ARX.N) surged over 45% in pre-market trading after software investment firm Thoma Bravo privatized the company at $20.25 per share.

Other News
2026-08-13

Maersk: Second-quarter revenue was $15.757 billion, compared to market expectations of $13.868 billion.

Maersk: Second-quarter revenue was $15.757 billion, compared to market expectations of $13.868 billion.
2026-08-13

Saudi Arabia has appointed its energy minister as head of the procurement bureau.

Saudi Arabia has appointed its energy minister as head of the procurement bureau.
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