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Stocks Finish Lower as Soaring Crude Prices Spur Inflation Fears

The S&P 500 Index ($SPX) (SPY) closed down -0.06% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.34%. September E-mini S&P futures (ESU26) fell -0.07%, and September E-mini Nasdaq futures (NQU26) fell -0.30%. Stock indices settled lower on Monday. The broader market was under pressure on Monday from higher crude oil prices, which boosted inflation expectations and T-note yields. WTI crude oil surged more than +5% on Monday, pushing the 10-year T-note yield up by +5 bp to 4.70%.Join 200K+ Subscribers: Find out

The Treasury Is Selling $125 Billion in Debt. Inflation Risks Could Mute Demand.

The Treasury Department is starting an auction series with a $58 billion sale of 3-year notes on Tuesday. Continue Reading

Goldman's M&A Leadership Bodes Well: Should You Buy GS Stock Now?

The Goldman Sachs Group, Inc. GS continues to strengthen its position in the global dealmaking landscape, with its latest merger and acquisition (M&A) league-table performance underscoring the depth of its investment-banking (IB) franchise. Goldman ranked the top financial adviser on mergers and acquisitions in South and Central America during the first half of 2026 by both deal value and transaction volume, according to GlobalData. The investment bank advised on three transactions valued at a combined $10.4 billion during the period. Notably, two of the three transactions were billion-dollar deals, helping Goldman maintain a sizable lead over peers like Morgan Stanley MS and JPMorgan JPM in terms of deal value. H1 2026 Top Financial AdvisorsGlobalData Financial Deals Database Image Source: GlobalData Financial Deals Database Investors have responded positively to Goldman's improving fundamentals, with GS shares gained 17.7% year-to-date outperforming the industry's average of 11.7%. Morgan Stanley and JPMorgan shares rose 21.3% and 11.7%, respectively, over the same time frame. Price PerformanceZacks Investment Research Image Source: Zacks Investment Research With such strong momentum, investors may be wondering whether to buy GS stock now or wait for a better entry point. To help answer this question, let us take a closer look at the key factors driving Goldman's growth and assess whether the stock still has room to run. M&A Strength Reinforces GS' IB Franchise M&A advisory remains a key competitive strength for Goldman. Winning mandates on large transactions not only supports advisory revenues but can also generate opportunities across financing, underwriting and other client businesses. Recent league-table rankings highlight that strength. Goldman was the only adviser in South and Central America to exceed $10 billion in aggregate deal value during the first half of 2026, according to GlobalData. It also ranked first among North American M&A advisers by deal value, advising on $437.7 billion of transactions. The favorable M&A backdrop led Goldman to deliver strong results. GS's IB fees rose 52% year over year in the first half of 2026, driven by higher advisory, equity underwriting and debt underwriting revenues amid improving capital markets activity. Management also sounded constructive about the operating environment following the second-quarter results. CEO David Solomon highlighted accelerating momentum across the company's businesses and pointed to strong client demand for Goldman to advise on major strategic transactions. Management noted that the investment banking backlog reached its highest level in five years, including a record advisory backlog, supported by robust strategic M&A activity, AI-related capital formation and stronger financing demand. Story Continues Other Factors Supporting Goldman's Performance AI-Led Initiative to Transform Business: GS is undertaking an ambitious, firmwide artificial intelligence (AI) transformation aimed at boosting fee income, improving productivity and expanding long-term operating leverage. The initiative spans its core businesses, including trading, investment banking, asset management and internal operations, positioning AI as a central growth driver. Last month, Yahoo Finance, citing Reuters, reported that Goldman Sachs Asset Management had launched AlphaAI, an artificial intelligence-focused investment platform. The initiative underscores the firm's conviction that AI will emerge as a significant driver of investment opportunities and returns across both public and private markets. Earlier, Goldman partnered with Anthropic on a $1.5-billion initiative designed to accelerate AI adoption across hundreds of portfolio companies. At the center of Goldman's transformation are two major initiatives — One Goldman Sachs 3.0, or OneGS 3.0, and the GS AI Assistant program. OneGS 3.0 is a multi-year effort to integrate AI into the firm's core operating model rather than treat it as

Aeris Executives to Speak at J.P. Morgan Auto Conference in New York

Raj Kanaya, Auto GM, Aeris Aeris leadership will address the industry shift from connected devices to intelligent machines during the August 13 session NEW YORK, August 11, 2026--(BUSINESS WIRE)--Aeris, a global leader in IoT connectivity management, security, and connected vehicle programs, today announced that CEO Aziz Benmalek and Auto GM Raj Kanaya, have been invited to present at the J.P. Morgan Auto Conference, taking place August 12–13, 2026, in New York City. Benmalek and Kanaya will take the stage on Thursday, August 13, to discuss how AI-driven connectivity, orchestration, and security are reshaping the automotive industry, as well as the broader transformation from connected devices to intelligent machines. The J.P. Morgan Auto Conference is an invitation-only event bringing together corporate leaders, financial sponsors, and institutional investors across the automotive sector. About Aeris Aeris is a trusted cellular platform leader enabling the biggest IoT programs with innovative technologies and borderless connectivity that simplify management, enhance security, optimize performance, and drive growth at scale. Our technology expertise serves a global ecosystem of 7,000 enterprise customers, nearly 30 mobile network operator partners, and 115 million connected devices across the world. Today, we support 70 automotive programs across 45 vehicle brands and 30+ global automotive OEM groups. As the largest orchestrator of eSIMs for IoT, we power today's connected smart world. To learn how Aeris IoT Accelerator Platform, Aeris IoT Watchtower®, and Aeris Mobility Suite can secure and supercharge your critical IoT programs, visit aeris.com and follow us on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20260811563801/en/ Contacts Media Contacts Susanna Song, CMO susanna.song@aeris.net Kevin Petschow Guyer Group kevinpetschow@guyergroup.com View Comments

Global Gas Turbine Orders Hit Record High as Power Demand Surges

Global orders for gas turbines have hit a record high as demand for power generation surges, according to JP Morgan. New gas turbine orders in the second quarter stood at 38 GW, which was 29% higher than orders in the first quarter of the year, the bank said, as quoted by Bloomberg. The increase in second-quarter orders was much higher on an annual basis, too, at 71%, JP Morgan also reported. Of the three big gas turbine makers, Siemens Energy saw the most new orders in the second quarter, at a total of 12.5 GW. General Electric booked orders for 11.3 GW, and Mitsubishi Power saw orders of 5.3 GW. The United States accounted for half of these new turbine orders, the bank said, as demand for electricity surges with the proliferation of data centers. The growth is set to average about 2% each year over the next decade, making new electricity generation capacity critical to supporting the advance in AI and the onshoring of manufacturing. This has led to shortages and long wait times as gas turbine manufacturers don't hold inventory of the machinery. The lead time for new combined-cycle gas power plants jumped to five years in 2025 from three and a half years back in 2023, with costs soaring by 49%, according to BloombergNEF data. Earlier this year, Wood Mackenzie said it expected that gas turbine prices would skyrocket by 195% by 2027, reaching $600 per kilowatt due to a supply squeeze "Driven by increased electrification demand, especially around the expansion of data centers." In the same report, Wood Mac said that at the end of 2025 global gas turbine orders stood at 110 GW, while global manufacturing capacity was only between 60 and 70 GW. "Turbine orders are expected to peak in 2026 as developers attempt to secure equipment for 63 GW of gas capacity additions from 2026 to 2030," the consultancy also said. By Irina Slav for Oilprice.com More Top Reads From Oilprice.com Libya Weighs Force Majeure After Drone Attacks on Zawiya Oil Hub Indian Refiners Cut LPG Losses in August Russia Rebuilds Nuclear Workforce at Iran's Bushehr Plant Oilprice Intelligence brings you the signals before they become front-page news. This is the same expert analysis read by veteran traders and political advisors. Get it free, twice a week, and you'll always know why the market is moving before everyone else. You get the geopolitical intelligence, the hidden inventory data, and the market whispers that move billions - and we'll send you $389 in premium energy intelligence, on us, just for subscribing. Join 400,000+ readers today. Get access immediately by clicking here. View Comments

Trump Defends Infantino as UEFA-Led Schism With FIFA Deepens

(Bloomberg) -- US President Donald Trump offered his support to embattled FIFA President Gianni Infantino amid a growing revolt that threatens his leadership. Most Read from Bloomberg China Unleashes $28 Trillion Capital Markets to Challenge US in AI Stocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets Wrap Iran Shakes Up Security Team After Saying Oman Deal 'Very Close' Nvidia Taps Wall Street for $500 Billion Funding Commitment GameStop's Ryan Cohen Weighs Pulling $56 Billion EBay Offer "FIFA would be making a terrible mistake if, for any reason, they even considered replacing President Gianni Infantino," Trump said in a Truth Social post late Monday. He praised Infantino for presiding over "the most successful World Cup, by four times, ever presented." Infantino has faced blistering criticism from dozens of FIFA member nations and some of the biggest names in world football after his failed plan to spin off FIFA's commercial operations in a deal involving JPMorgan Chase & Co. He has also courted Trump's support ahead of the 2026 World Cup, including awarding him FIFA's first ever Peace Prize. While the tournament faced some disruptions from the Trump administration's visa restrictions, Infantino downplayed criticism of the president and their ties. The pair were among the dignitaries on the field after the World Cup final won by Spain. UEFA, whose members are home to the richest football leagues in the world, is leading the push to oust Infantino. The European governing body, which includes five of the last six men's World Cup winners, is mulling a boycott of the World Cup and other FIFA tournaments if Infantino remains president. The next FIFA presidential election is in March, and Infantino plans to run for a third four-year term, the last he could serve. Escalating that pressure, UEFA has begun preliminary discussions over holding rival international tournaments to FIFA, according to people familiar with the matter. Those talks include the Asian Football Confederation and Concacaf, the federation that includes North America, Central America and the Caribbean. That could threaten FIFA's lucrative tournament circuit. The World Cup brought in more than $9 billion during the 2026 edition, a record. In his post on Monday, Trump said that if Infantino were gone the World Cup "will never be as successful or profitable again!" The first major tournament that would be impacted by any boycott would be the 2027 women's World Cup in Brazil, although there are youth tournaments set to start in the coming months. Story Continues Most Read from Bloomberg Businessweek Lululemon Is At War With Itself Supercharged by Social Media, the GLP-1 Boom Is Warping Teen Psyches Canada Stares Down 'Quebexit' Risk How Apple and India Built an Alternative iPhone Production Hub The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand ©2026 Bloomberg L.P. View Comments

Intel Is Said to Near Share Sale Upsize to Raise $20 Billion

(Bloomberg) -- Intel Corp. is seeking to increase the amount it's raising in a share sale to about $20 billion, according to people familiar with the matter, a third more than it was targeting when it announced the deal Monday morning. Most Read from Bloomberg China Unleashes $28 Trillion Capital Markets to Challenge US in AI Stocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets Wrap Iran Shakes Up Security Team After Saying Oman Deal 'Very Close' GameStop's Ryan Cohen Weighs Pulling $56 Billion EBay Offer Intel to Sell $15 Billion in Stock After AI Boosts Demand The chipmaker is poised to price the offering at around $95 per share or above, the people said, asking not to be identified as the information isn't public. At that level, the pricing would represent a discount of 6.5% to Friday's closing price, according to Bloomberg calculations. The offering could increase to well over $20 billion if a so-called over-allotment option is exercised, one of the people said. The share sale has drawn more than $100 billion in demand, they said. Deliberations are ongoing and details including the size and pricing could still change, the people said. A spokesperson for Intel declined to comment. JPMorgan Chase & Co., Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. are working on the offering, according to a statement earlier. The deal is multiple times oversubscribed, Bloomberg News reported. Intel's shares were little changed in after-hours trading after falling 4.1% on Monday during normal market hours. They remain up roughly 164% this year, after Chief Executive Officer Lip-Bu Tan made cleaning up Intel's finances a priority. The effort has included attracting outside investments from the US government and even chip rivals such as Nvidia Corp. The year's biggest US equity offerings have been dominated by companies riding the boom in artificial intelligence spending. Alphabet Inc. is in the process of raising as much as $85 billion through equity offerings, including so-called at-the-market share sales and equity-linked deals. And Oracle Corp.'s fundraising plans include a $20 billion at-the-market share sale program. Most Read from Bloomberg Businessweek Lululemon Is At War With Itself Supercharged by Social Media, the GLP-1 Boom Is Warping Teen Psyches Canada Stares Down 'Quebexit' Risk How Apple and India Built an Alternative iPhone Production Hub The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand ©2026 Bloomberg L.P. View Comments

Klarna Group (KLAR) Following J.P. Morgan Payments Tie Up Faces A Valuation Split

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Klarna Group (KLAR) is back in focus after announcing its first integration with J.P. Morgan Payments in the U.S. The update lets Commerce Platform merchants add Klarna's flexible checkout options without extra technical work. See our latest analysis for Klarna Group. The J.P. Morgan Payments integration lands after a run of mixed share price returns for Klarna Group. The stock's 90 day share price return of 38.85% contrasts with a share price return that is down 31.33% year to date, which indicates a recent change in momentum as investors reassess growth prospects and risk. If Klarna's payments push has caught your attention, this can be a moment to see what else is shaping up in financial technology. Broaden your watchlist with 19 top founder-led companies The recent rebound in Klarna Group after a weak year to date presents a straightforward decision. Is it worth accepting today's price after the recent increase, or does it make more sense to wait for a potentially cheaper entry as the valuation changes? Most Popular Narrative: 74.9% Undervalued The most followed narrative on Klarna Group sets a fair value of $78.22 per share, which sits well above the recent close at $19.62. That gap frames the current pricing debate around the stock. Killing Credit Cards With a Better Product: Klarna replaces predatory credit cards and payday loans with transparent, interest-free instalments people actually like. LESS FRICTION. 114M users, 850k merchants, and cohort data show users spend 3x more by year 3. The market is pricing it like BNPL is dead, but Klarna is evolving into an AI-powered neobank with widening moats. Read the complete narrative. According to European_Hidden_Gem_Stocks, this valuation hinges on how quickly Klarna grows its transaction base, scales its banking style products, and lifts margins from current loss making levels. Curious which revenue mix and profitability profile support that fair value and how that compares to today's $3.82b in annual revenue and a $198m net loss. Result: Fair Value of $78.22 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Klarna Group still faces real pressure from evolving BNPL regulation and the risk that higher credit losses or tougher competition could quickly challenge this bullish narrative. Find out about the key risks to this Klarna Group narrative. Another View On Klarna Group's Value Story Continues The user narrative sets Klarna Group's fair value at $78.22 per share and calls the stock undervalued. Our DCF model points a different way. It estimates the future cash flow value at $12.06 per share, which sits below the recent price of $19.62 and flags the stock as overvalued instead. This gap between the $78.22 narrative fair value and the $12.06 SWS DCF model result raises a simple question for investors. Which assumptions about revenue growth, margins, and the timing of profitability feel more realistic for Klarna Group over the next few years, and which feel too stretched. Look into how the SWS DCF model arrives at its fair value.KLAR Discounted Cash Flow as at Aug 2026 Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Klarna Group for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 52 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. Next Steps Does the split in views on Klarna Group leave you unsure which side to lean toward? Take a closer look at the underlying assumptions, then weigh them against the company's rewards by reviewing the 2 key rewards. Looking for more investment ideas beyond Klarna Group? If the debate around Klarna Group has s

Microsoft Stock Rises 1.7% as JPMorgan Backs AI Payoff

This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT), the software and cloud giant behind Azure, reported accelerating cloud growth just as Wall Street gets more comfortable with the biggest question hanging over the AI boom: Are those staggering infrastructure bills actually paying off? Microsoft shares climbed roughly 1.7% Monday morning, and JPMorgan sees the answer increasingly tilting toward yes. The bank pointed to Microsoft, Alphabet (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN) as evidence that hyperscaler AI spending is feeding into stronger revenue, helping drive its 2026 year-end S&P 500 (SPY) target to 8,000 from 7,800. Warning! GuruFocus has detected 3 Warning Sign with MSFT. Is MSFT fairly valued? Test your thesis with our free DCF calculator. The bull case is starting to get some muscle behind it. JPMorgan lifted its S&P 500 earnings estimate to $365 per share for 2026 and $420 for 2027, up from $350 and $390. Stronger cloud growth, expanding backlogs and improving cash-flow visibility across the hyperscalers helped fuel that confidence. Microsoft is right in the middle of it. Azure growth is expected at roughly 45%, while the company plans to spend around $50 billion on capital expenditures in the current fiscal quarter alone. That number is enormous. But if Azure keeps growing anywhere near this pace, the conversation changes fast. Microsoft is no longer just spending heavily on AI. It is showing investors why it is spending heavily.Microsoft Stock Rises 1.7% as JPMorgan Backs AI Payoff·us.finance.gurufocus And the valuation does not look stretched against GuruFocus' estimate. Microsoft traded at $509.07 on Aug. 10 versus a GF Value of $575.48, putting the stock roughly 11.54% below that benchmark. That discount adds another layer to the story, but execution now matters more than the headline number. Microsoft is pouring tens of billions into AI infrastructure, so Azure needs to keep humming, backlog needs to turn into revenue and cash flow needs to keep up. If those pieces fall into place, the AI capex debate gets much simpler. Microsoft's giant spending bill stops looking like the risk. It starts looking like the fuel. View Comments

Global AI Secures $441 Million Financing to Accelerate Sovereign AI Infrastructure Expansion

J.P. Morgan-led financing marks Global AI's first debt raise and strengthens the company's ability to deploy dedicated, single-tenant, air-gapped AI infrastructure for the world's most sensitive workloads NEW YORK, Aug. 10, 2026 /PRNewswire/ -- Global AI, the world's first sovereign AI hyperscaler, today announced that it has closed $441 million in financing, marking the Company's first-ever debt raise. The senior secured credit facility was led and arranged by J.P. Morgan, with participation from a group of leading lenders.Global AI Founded in 2024, Global AI is purpose-built to design, build and operate dedicated, single-tenant, air-gapped AI infrastructure for the world's most critical AI workloads. The company provides nations and enterprises with secure environments engineered for advanced AI training and inference, enabling customers to maintain control over their data, infrastructure and operations while benefiting from the scale, performance and operational sophistication of a hyperscaler. Global AI Co-Founder, Director, and CEO Sami Issa said, "We are significantly accelerating our capital-raising efforts to meet the exceptional demand we are seeing for dedicated, single-tenant, air-gapped AI infrastructure. With $6.2 billion in contracted revenues, including $1 billion in contracted revenues already built and delivered to customers, we are scaling rapidly to meet this demand." Global AI is executing a significant expansion of its sovereign AI infrastructure platform across the United States and expects to have 1 GW of capacity available by 2029. About Global AI Global AI is a U.S.-based, vertically integrated sovereign AI infrastructure company and the world's first sovereign AI hyperscaler, designing, building, powering, and operating dedicated, single-tenant, air-gapped AI data centers that enable nations and enterprises to develop and deploy artificial intelligence within their own jurisdiction. Global AI's fully integrated model spans land, energy, construction, advanced liquid cooling, and GPU-dense compute, providing physical and operational separation across the entire AI infrastructure stack. With infrastructure deployments across the United States, Global AI is executing a disciplined expansion strategy toward 1 gigawatt of critical capacity by the end of 2029, delivering secure, compliant, and sovereign AI infrastructure at national scale. Media Contact Raeda Saraireh Head of Marketing & Communications, Global AI Raeda.Saraireh@Globalai.comCision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-ai-secures-441-million-financing-to-accelerate-sovereign-ai-infrastructure-expansion-302847168.html View Comments

Global Digital Banking Platform Market to Reach $31.08 Billion by 2031 as Cloud and Mobile Adoption Accelerate | Industry Trends, Statistics & Growth Forecasts (2026-2031)

Company Logo Key opportunities include cloud-first core migrations, mobile banking in emerging markets, AI-driven personalization and fraud tools, open-banking APIs, BaaS, and SME platforms for real-time liquidity, payments, trade finance and embedded credit. Dublin, Aug. 10, 2026 (GLOBE NEWSWIRE) -- The "Digital Banking Platform - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering. The global digital banking platform market was valued at USD 13.79 billion in 2025 and is projected to increase from USD 15.79 billion in 2026 to USD 31.08 billion by 2031. The market is expected to register a compound annual growth rate of 14.52% during the 2026-2031 forecast period, supported by cloud-first modernization, mobile banking growth, open-banking initiatives and artificial intelligence integration. Tier-1 banks are accelerating multi-cloud core banking migrations to reduce infrastructure costs, strengthen operational resilience and shorten product development cycles. JPMorgan Chase has completed a multi-cloud rollout, while Santander's modernization program across 10 markets highlights the scale of investment being directed toward legacy core replacement. Following migration, banks have reported up to a 50% reduction in time to market for new digital products. Cloud architectures also support real-time analytics, embedded fraud detection, AI-driven customer insights and more responsive compliance systems. Banco Itau's plan to complete a full cloud migration by 2028 further signals that major financial institutions increasingly view cloud infrastructure as a strategic foundation for digital banking growth. Mobile Banking Demand Reshapes Emerging Markets Smartphone-led financial services are transforming banking across Asia-Pacific and Latin America. Digital wallets account for more than 70% of regional e-commerce spending, encouraging banks to develop integrated mobile platforms that combine payments, financial products and merchant services. The cost advantage of digital channels remains a significant market driver. A mobile transaction costs approximately USD 0.17, compared with USD 4.25 for an in-branch transaction. These savings allow banks to reinvest in customer experience, embedded finance and digital product development. Nubank illustrates the scalability of this model, expanding its customer base from 33.3 million in 2020 to 93.9 million in 2023 while recording a 27% pre-tax return on equity. Compliance Costs and Vendor Dependency Present Challenges Story Continues Rising anti-money laundering and real-time fraud analytics costs may constrain adoption among small and mid-sized financial institutions. Global anti-money laundering expenditure has reached USD 213.9 billion, while banks incurred approximately USD 7 billion in fines during 2023. Advanced compliance platforms can reduce costs by limiting false positives, but implementation requires substantial capital, specialized expertise and continued system integration. Other factors influencing the digital banking platform market include regulatory requirements for open-banking APIs, generative AI-powered customer experiences and vendor lock-in concerns associated with hyperscaler-managed services. Digital Banking Platform Market Segment Highlights Cloud deployment accounted for 60.74% of the digital banking platform market in 2025 and is forecast to grow at a CAGR of 15.54%. Financial institutions report lower infrastructure maintenance costs, improved disaster recovery and greater scalability after moving workloads to cloud environments. On-premises deployments remain relevant in jurisdictions with strict data-localization requirements, although these systems increasingly incorporate containerized and cloud-compatible technologies. Retail banking generated 63.12% of market revenue in 2025. Corporate and small and medium-sized enterprise banking, however, is expected to be the fastest-growing ba

You might not need a Roth IRA for a secure retirement — despite what online ‘experts’ say. Here’s why

Photo by DC Studio / Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Roth IRAs get a lot of attention online from so-called finfluencers (1) (financial influencers). But what's often portrayed as a financial slam dunk may not be suitable for everyone. In fact, these accounts may not be the best fit for people in certain income brackets or specific financial situations. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time. What to do before the window closes Still, they get pushed because "pay tax now and never again" is an easier story to convey in 60 seconds than "it depends on your bracket, your state and your time horizon," even when the second explanation is the more honest one. Social media finfluencers may just be looking for the simplest story that attracts the widest audience and the fine print is too boring for TikTok. With that in mind, here's a closer look at whether you actually need a Roth IRA. A Roth IRA isn't for all To be clear, a Roth IRA has several tax advantages. Perhaps most importantly, this account lets you take tax-free withdrawals in retirement, according to Fidelity (2). You can even avoid the 10% penalty on early withdrawals before the age of 59.5 years, under some specific circumstances. Also, there are no required minimum distributions (RMDs), according to the IRS (3). Simply put, this is a flexible account for tax-free, long-term investing. But there are some drawbacks that make Roth IRAs less appealing for some investors. The lack of an upfront tax deduction is perhaps the biggest one. Contributions to a Roth IRA are made with after-tax dollars and that's not attractive if you're a high-income individual with a hefty tax burden who expects to drop into a lower tax bracket in retirement. If you're in your peak earning years — a senior manager or a dual-income household near the phase-out threshold — you may be prepaying tax at your highest lifetime rate, only to withdraw it tax-free at a lower one later. A traditional IRA or 401(k) deduction, taken today, is often worth more. There's also the five-year rule: Each Roth account and each conversion starts its own five-year clock before earnings can come out without penalties, even after the age of 59.5 years in some cases, according to Fidelity (4). Retirees converting late, or savers who might need the money sooner than a decade out, can get tripped up here. Story Continues The good news is you don't have to navigate these complex tax rules all alone. You can simply hire an expert to help you figure things out. Read More: Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going Financial experts over financial influencers Unlike a social media finfluencer, a qualified financial planner or tax expert can actually personalize your investment plan. They can dig into your personal finances, assess your risk appetite and forecast long-term spending to create a robust plan. In other words, a financial professional can help you understand if a Roth IRA is actually a good fit for you. If you prefer a hands-off, tech-forward approach to building wealth, Vanguard's Digital Advisor puts the investing expertise of one of the world's largest asset managers right at your fingertips. It takes the guesswork out of investing by building a personalized portfolio for you using Vanguard's well-known low-cost ETFs and mutual funds — then keeps things running smoothly with automatic rebalancing. The platform also offers guidance on saving for retirement and let

Wall Street Bulls Look Optimistic About JPMorgan Chase & Co. (JPM): Should You Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about JPMorgan Chase & Co. (JPM). JPMorgan Chase & Co. currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 26 brokerage firms. An ABR of 2.00 indicates Buy. Of the 26 recommendations that derive the current ABR, 12 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 46.2% and 7.7% of all recommendations. Brokerage Recommendation Trends for JPMBroker Rating Breakdown Chart for JPM Check price target & stock forecast for JPMorgan Chase & Co. here>>> While the ABR calls for buying JPMorgan Chase & Co., it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. Zacks Rank Should Not Be Confused With ABR In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Story Continues It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. Is JPM a Good Investment? In terms

Memory chip supply crunch will last 2 more years, JPMorgan warns

The AI-driven memory chip crisis has a ways to go before its status is downgraded to business as usual. The call JPMorgan strategist Jay Kwon is making a double bullish call on the entire memory space. First, Kwon thinks the memory chip crisis is far from over. "Higher memory total addressable market driven by both pricing and volume, S-D shortage continues for the next two years," Kwon wrote in a note on Monday. "Memory demand broadening out from GPU to CPU appears to have been underestimated by investors (conceptually well known but actual S-D impact underlooked) and remains a key source of potential upward revisions to demand." Second, with the crisis rolling on, Kwon thinks the summer swoon in memory stocks has ended. "3Q26 will likely be an expectation reset quarter, but we remain bullish on memory," he wrote. "After a strong four quarters of outperformance over the overall AI ecosystem, memory shares experienced a 25% correction in 3Q26 to date largely due to a peak-out sentiment amidst: a) series of near-term EPS expectation misses; b) slower-than-expected CSP AI capex spending; and c) mainstream memory content optimization. We acknowledge that the road to a valuation re-rating will take time relative to upward EPS revisions, driven by share appreciation; however, we see strong upside to memory stock prices trading at earnings and P/E valuation metric on a smoothening earnings trajectory from LTA and a higher shareholder return profile." Kwon is bullish on Korean memory stocks — Micron (MU) in the US, Kioxia (KI5.F) in Japan, and Winbond (2344.TW) in Taiwan. AlphaSpace stat to know: 202% Shares of Micron have exploded 202% this year compared to a 13% advance for the S&P 500, per Yahoo Finance AlphaSpace data. The stock has corrected this summer, however, dropping 10% in the past month on overvaluation fears. The bottom line The CEO of memory chip play Sandisk (SNDK) perhaps put it best on the state of the market last week on his earnings call. "We spent a lot of time over the last two or three quarters really working very deeply with our largest customers on committing demand," Sandisk CEO David Goeckeler said. "We have over four years of visibility now. We feel very good about where the franchise is." That's a lot of business visibility, largely because the memory crisis is unlikely to abate anytime soon. It may even last longer than JPMorgan's call expects. Brian Sozzi is Yahoo Finance's Executive Editor, host of the 'Power Players With Brian Sozzi' podcast and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance View Comments

Dauch to Present at the J.P. Morgan 2026 Auto Conference on August 12

DETROIT, Aug. 10, 2026 /PRNewswire/ -- Dauch Corporation, (NYSE: DCH, LSE: DCH) announced that it will participate in the J.P. Morgan 2026 Auto Conference on August 12.Dauch Corporation Logo The Company is scheduled to participate in a fireside chat presentation at 10:50 a.m. ET, which will be webcast live. The audio webcast will be accessible through the Investor Relations section on Company's website at www.dauch.com. A replay of the webcast will be available following the conclusion of the event. About Dauch Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations. Visit www.dauch.com to learn more. Contacts: David H. Lim, Head of Investor Relations +1 (313) 758-2006 david.lim@aam.com Christopher M. Son, Vice President, Marketing & Communications +1 (313) 758-4814 chris.son@aam.comCision View original content to download multimedia:https://www.prnewswire.com/news-releases/dauch-to-present-at-the-jp-morgan-2026-auto-conference-on-august-12-302846342.html View Comments

New Strong Buy Stocks for August 10th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: CrossAmerica Partners LP CAPL: This fuel distribution and convenience store company has seen the Zacks Consensus Estimate for its current year earnings increasing 25.5% over the last 60 days. CrossAmerica Partners LP Price and ConsensusCrossAmerica Partners LP Price and Consensus CrossAmerica Partners LP price-consensus-chart | CrossAmerica Partners LP Quote JP Morgan Chase & Co. JPM: This bank and financial holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days. JPMorgan Chase & Co. Price and ConsensusJPMorgan Chase & Co. Price and Consensus JPMorgan Chase & Co. price-consensus-chart | JPMorgan Chase & Co. Quote Avnet, Inc. AVT: This electronics distribution company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days. Avnet, Inc. Price and ConsensusAvnet, Inc. Price and Consensus Avnet, Inc. price-consensus-chart | Avnet, Inc. Quote LATAM Airlines Group S.A. LTM: This air transportation company has seen the Zacks Consensus Estimate for its current year earnings increasing 26.4% over the last 60 days. LATAM Airlines Group S.A. Price and ConsensusLATAM Airlines Group S.A. Price and Consensus LATAM Airlines Group S.A. price-consensus-chart | LATAM Airlines Group S.A. Quote Pagaya Technologies Ltd. PGY: This product-focused technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.2% over the last 60 days. Pagaya Technologies Ltd. Price and ConsensusPagaya Technologies Ltd. Price and Consensus Pagaya Technologies Ltd. price-consensus-chart | Pagaya Technologies Ltd. Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Avnet, Inc. (AVT) : Free Stock Analysis Report LATAM Airlines Group S.A. (LTM) : Free Stock Analysis Report CrossAmerica Partners LP (CAPL) : Free Stock Analysis Report Pagaya Technologies Ltd. (PGY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments

Best Income Stocks to Buy for August 10th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 10: CrossAmerica Partners LP CAPL: This fuel distribution and convenience store company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.5% the last 60 days. CrossAmerica Partners LP Price and ConsensusCrossAmerica Partners LP Price and Consensus CrossAmerica Partners LP price-consensus-chart | CrossAmerica Partners LP Quote This Zacks Rank #1 company has a dividend yield of 9.8%, compared with the industry average of 5.7%. CrossAmerica Partners LP Dividend Yield (TTM)CrossAmerica Partners LP Dividend Yield (TTM) CrossAmerica Partners LP dividend-yield-ttm | CrossAmerica Partners LP Quote Alliance Resource Partners, L.P. ARLP: This diversified natural resource company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% the last 60 days. Alliance Resource Partners, L.P. Price and ConsensusAlliance Resource Partners, L.P. Price and Consensus Alliance Resource Partners, L.P. price-consensus-chart | Alliance Resource Partners, L.P. Quote This Zacks Rank #1 company has a dividend yield of 9.8%, compared with the industry average of 1.4%. Alliance Resource Partners, L.P. Dividend Yield (TTM)Alliance Resource Partners, L.P. Dividend Yield (TTM) Alliance Resource Partners, L.P. dividend-yield-ttm | Alliance Resource Partners, L.P. Quote JP Morgan Chase & Co. JPM: This bank and financial holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% in the last 60 days. JPMorgan Chase & Co. Price and ConsensusJPMorgan Chase & Co. Price and Consensus JPMorgan Chase & Co. price-consensus-chart | JPMorgan Chase & Co. Quote This Zacks Rank #1 company has a dividend yield of 1.7%, compared with the industry average of 1.1%. JPMorgan Chase & Co. Dividend Yield (TTM)JPMorgan Chase & Co. Dividend Yield (TTM) JPMorgan Chase & Co. dividend-yield-ttm | JPMorgan Chase & Co. Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Alliance Resource Partners, L.P. (ARLP) : Free Stock Analysis Report CrossAmerica Partners LP (CAPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments

Empowered Funds LLC Has $136.61 Million Stock Position in JPMorgan Chase & Co. $JPM

J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength

Aug 10 (Reuters) - J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing ‌prospects of solid corporate earnings and rising confidence that AI ‌investments by large hyperscalers would drive faster revenue growth. The new target implies about 3.1% upside ​from the index's last close of 7,757.64 and adds to a growing wave of bullish calls, with at least seven brokerages now expecting the benchmark to reach the 8,000 level by 2026-end. "As elevated backlogs convert into recognized revenue, ‌cloud growth should remain ⁠well supported, helping validate rising AI capex, strengthen order coverage, and further ease ROIC (return on invested capital) concerns," J.P. ⁠Morgan analysts said. The brokerage also revised its S&P 500 earnings-per-share forecasts to $365 for 2026 and to $420 for 2027. It had earlier expected $350 for 2026 and $390 for ​2027. Of the ​436 S&P 500 companies that had ​reported June-quarter results through Friday ‌morning, 85.1% beat analyst expectations, according to LSEG data, well above the long-term average of 68% since 1994. J.P. Morgan said the benefits of rising AI investments were clearer in the second quarter, especially at Google, Amazon and Microsoft, as strong cloud growth, larger backlogs and better cash-flow visibility ‌eased investor concerns about returns on spending. Despite ​the strong earnings backdrop, J.P. Morgan maintained its ​forward valuation multiple target ​at about 20 times, citing higher interest rates, geopolitical risks ‌and a large supply of equity ​and debt issuance. The ​S&P 500 has gained 13.3% so far this year, buoyed by AI optimism, even as uncertainty over the reopening of the Strait ​of Hormuz and talks ‌involving Iran, Oman and the United States has kept pressure on ​oil markets and shipping. (Reporting by Kanishka Ajmera in Bengaluru; Editing ​by Mrigank Dhaniwala and Subhranshu Sahu) View Comments

Behind Bessent Moves, Wall Street Sees Sign of Bond-Market Angst

(Bloomberg) -- Wall Street traders and strategists say US Treasury Secretary Scott Bessent is sending fresh signals that he's eager to keep bond yields from spiking higher. Most Read from Bloomberg Trump Amps Up Pressure on Billionaire Sargeant to Exit Venezuela Iran Says Hormuz Deal Close But Its Conditions Must Be Met OpenAI's New Device Will Be Hockey Puck-Sized and Cost Over $300 America's Cyber Forces Grapple With Cluster of Deaths by Suicide Walmart Tests Fulfillment Cart Changes After Child Hit in Store Over the course of a week, he took steps that they see as aimed at easing pressure on the Treasury market after long-term rates surged to a 19-year high, pushing up costs for everyone from homebuyers to vast swaths of corporate America. First, he staged the US's first currency intervention to prop up the yen since 1998, mitigating the risk that Japan would dump US government bonds to raise the dollars needed to buy the currency on its own. And he pointed to a Federal Reserve facility that Tokyo could tap in the future. Then at last week's quarterly bond sales announcement, a subtle and unexpected change to his department's guidance was seen as opening the door to potential cuts in long-bond sales. Bessent has also been taking to the airwaves and social media to defend the new communications strategy of Federal Reserve Chairman Kevin Warsh, who caused yields to surge after last month's meeting when he failed to explain how — or when — the central bank may act to bring down inflation. Taken together, the moves indicate that Bessent is attempting to do what's in his power to stem the ascent of long-term bond rates, which have climbed due to persistent inflation and nearly $2 trillion annual budget deficits that are resulting in an ever-increasing supply of new debt. "The Fed and the Treasury have to be getting concerned about the level of long-end rates," said Priya Misra, portfolio manager at JPMorgan Asset Management. "The intervention with Japan, support for Warsh and a possible reduction in long-end supply can be attempts for Treasury to signal that they are aware of the rate-market move and do not hesitate to use the different tools at their disposal." In the end, Bessent's influence is limited, given the bigger forces at work. On Friday, Treasury yields dipped after a Labor Department report showed significant weakening in the job market, a sign the economy is cooling. A lower-than-expected rise in the consumer-price index on Wednesday could reinforce the market's move. Story Continues Yet the Treasury's actions were seen as a sign that it's willing to do what it can to get borrowing costs lower, which President Donald Trump has repeatedly said is a priority. Spokespeople for the Treasury didn't respond to a request for comment. Early last year, after Trump's return to the White House, Bessent said the administration's main focus was on lowering 10-year yields, which serve as a baseline for mortgages and other types of loans. He said its fiscal policies would help accomplish that goal by reducing government spending, helping to ease inflation. In November, while referring to his job as "the nation's top bond salesman," Bessent, a former hedge fund manager, said Treasury yields are a "strong barometer for measuring success." But the adminstration's spending cuts had little impact and its tax reductions will add significantly to the government debt in the coming decade. The attacks on the Fed from Trump, who last week revived his threat to fire Governor Lisa Cook, have worried investors by jeopardizing the central bank's independence. And the Iran war's oil-price spike has created a fresh inflation shock that's helped push the 10-year yield up to around 4.65%, higher than it was at the start of Trump's second term. "With the spending policy that's been adopted and the war, it's going to be hard to relieve pressure on the long end," said John Velis, US macro strategist at BNY. Against that backdrop, the Treasury's recent