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US diesel crack spread breaks $106, hitting a record high; Trump faces "midterm election shock".

US diesel crack spread breaks $106, hitting a record high; Trump faces "midterm election shock".

On September 1st, the U.S. diesel refining margin (diesel crack spread) broke through $106 per barrel, setting a new historical record. Meanwhile, retail prices approached $5.63 per gallon. The energy crisis triggered by the Iran war is spreading throughout the economy, starting with diesel—pushing up inflation, depressing

AI programming unicorn Cognition raised nearly $1 billion in a new funding round, boosting its valuation to $47 billion.

AI programming unicorn Cognition raised nearly $1 billion in a new funding round, boosting its valuation to $47 billion.

The valuation race in the AI programming field is accelerating. In just three months, Cognition AI Inc.'s valuation jumped from $26 billion to approximately $47 billion, reflecting the market's fervent pursuit of AI engineering tools. According to Bloomberg, sources familiar with the matter revealed that Cognition

Software stock MongoDB saw its Q2 revenue surge by 30% and profits exceed expectations by 19%, but its share price was sold off in after-hours trading.

Software stock MongoDB saw its Q2 revenue surge by 30% and profits exceed expectations by 19%, but its share price was sold off in after-hours trading.

MongoDB, a US-based infrastructure software company, released a quarterly earnings report that significantly exceeded market expectations, but its stock price subsequently plummeted, reflecting investors' highly cautious sentiment regarding the valuation and growth prospects of software stocks. After the US stock market closed on September 1, MongoDB released its financial

AI security needs secured! Palo Alto's performance exceeds expectations; CEO says trillions in "security debt" urgently need to be repaid.

AI security needs secured! Palo Alto's performance exceeds expectations; CEO says trillions in "security debt" urgently need to be repaid.

Artificial intelligence is accelerating the automation of cyberattacks, prompting companies to reassess their security investments. Palo Alto Networks' annual earnings and quarterly revenue outlook both exceeded market expectations, indicating that demand for AI-related defenses is beginning to translate into order momentum. Cybersecurity company Palo Alto Networks released its fourth

From a market value of billions to a bargain sale! GoPro will be sold to optical module company Starman for $285 million.

From a market value of billions to a bargain sale! GoPro will be sold to optical module company Starman for $285 million.

Action camera pioneer GoPro has reached a $285 million cash acquisition agreement with optical hardware company Starman Optical, ending a decade-long decline in the company's history since its 2014 IPO. On September 1, GoPro announced that it had signed a merger agreement with optical transceiver manufacturer Starman Optical.

Data centers are being built more and more, but job opportunities for American college graduates are decreasing.

Data centers are being built more and more, but job opportunities for American college graduates are decreasing.

On September 1, a research report released by the Federal Reserve Bank of Dallas showed that since the launch of ChatGPT in 2022, the number of jobs in Texas with high AI exposure has continued to decline, with recent college graduates bearing the brunt, and their unemployment rate rising to

The US and Iran are reigniting hostilities! Oil prices have pushed global bond markets to the brink; will stock markets follow suit?

The US and Iran are reigniting hostilities! Oil prices have pushed global bond markets to the brink; will stock markets follow suit?

Soaring oil prices are pushing the already fragile global bond market to the brink. Following the renewed conflict between the US and Iran, Brent crude oil rose 4.5% in two days, bringing its year-to-date gain to 51%. Impacted by this, yields on 10-year German, British, and Japanese government bonds