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On its earnings call, Meituan said Q2 gains in user mix, order mix and operational efficiency continued to strengthen. Management expects Q3 food-delivery unit economics (UE) to improve year-on-year; seasonality should pull UE down quarter-on-quarter

2026-08-28

On its earnings call, Meituan said Q2 gains in user mix, order mix and operational efficiency continued to strengthen. Management expects Q3 food-delivery unit economics (UE) to improve year-on-year; seasonality should pull UE down quarter-on-quarter but it is expected to remain positive.

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2026-08-28

MOODY'S rating analysts say heavy AI investment could weaken credit metrics at US hyperscale cloud providers, though large capital buffers should mitigate some pressure. With capex rising faster than operating cash flow, hyperscalers' free cash flow

MOODY'S rating analysts say heavy AI investment could weaken credit metrics at US hyperscale cloud providers, though large capital buffers should mitigate some pressure. With capex rising faster than operating cash flow, hyperscalers' free cash flow is forecast to fall in 2026-27. Increased bond issuance by Meta, Alphabet and ORACLE is likely to add leverage pressure. Still, substantial cash reserves plus revenue and EBITDA growth should allow these firms to absorb 12–24 months of elevated capex without materially impairing credit quality.
2026-08-28

The world's largest gold ETF, SPDR Gold Trust, increased its holdings by 1.141 tons from the previous day, with its current holdings at 1046.636 tons.

The world's largest gold ETF, SPDR Gold Trust, increased its holdings by 1.141 tons from the previous day, with its current holdings at 1046.636 tons.
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