SpaceX's big week: Stock jumps despite earnings storm, lock-up expiration in crucial test for investors
https://finance.yahoo.com/markets/stocks/article/spacexs-big-week-stock-jumps-despite-earnings-storm-lock-up-expiration-in-crucial-test-for-investors-131828277.html

July jobs report live updates:
Labor Department says US unexpectedly lost 23,000 jobs, manufacturing hiring 'treading water'

Live updates

https://finance.yahoo.com/economy/live/july-jobs-report-live-updates-labor-department-says-us-unexpectedly-lost-23000-jobs-manufacturing-hiring-treading-water-113647147.html

Weak July jobs report helps case for Fed to hold rates but doesn't take hikes off the table
https://finance.yahoo.com/economy/policy/article/weak-july-jobs-report-helps-case-for-fed-to-hold-rates-but-doesnt-take-hikes-off-the-table-134001140.html

Burger King vs. McDonald's: Why the king is reigning supreme in the US
https://finance.yahoo.com/markets/article/burger-king-vs-mcdonalds-why-the-king-is-reigning-supreme-in-the-us-133949992.html

What the vicious Sandisk bears are forgetting
https://finance.yahoo.com/markets/article/what-the-vicious-sandisk-bears-are-forgetting-132927678.html

Big Tech is borrowing its way through the AI boom:
#Chart of the Day

https://finance.yahoo.com/markets/article/big-tech-is-borrowing-its-way-through-the-ai-boom-chart-of-the-day-100000605.html

Tech stocks today:
Shares climb after rocky week

Live updates

https://finance.yahoo.com/technology/live/tech-stocks-today-shares-climb-after-rocky-week-140419479.html

#Earnings live updates:
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone

Live updates

Earnings continue to roll in, driving the stock market to new highs.

On Friday, Vistra Corp. (VST), Take-Two Interactive Software (TTWO), Oklo (OKLO), Under Armour (UA), and Wendy's (WEN) report to cap a busy week of reports.
Overall, it's shaping up to be a strong earnings season for the S&P 500 (^GSPC).

According to FactSet data, analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 47.5% — surging past the five-year average of 16.4% and the 10-year average of 10.3%.

If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.

https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq rise after July jobs report surprises to the downside

Live updates

US stocks glided higher as investors digested a surprise decline in job growth and its implications for the Federal Reserve's interest rate policy decisions.

Attention turned to the July jobs report, which showed the US economy unexpectedly lost 23,000 jobs, while the unemployment rate ticked down slightly to 4.1%. Economists surveyed by Bloomberg expected 80,000 jobs to be added and unemployment to be 4.2% in the month.

While discussions around inflation and furious AI investment have overshadowed the largely stable labor market in recent months, Friday's weaker-than-expected report was expected to give the Federal Reserve pause over the possibility of a rate hike at its next meeting.



https://finance.yahoo.com/markets/live/stock-market-today-friday-august-7-nasdaq-dow-sp-500-july-jobs-report-surprises-100009572.html

While You Were Sleeping: 5 stories you might have missed, Aug 8, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-8-2026

US expects deal soon on Strait of Hormuz; Sunni powers unite in defence pact
https://www.straitstimes.com/world/middle-east/us-expects-deal-soon-on-strait-of-hormuz-sunni-powers-unite-in-defense-pact

#USMarketUpdate
S&P closes at record high as soft jobs report eases rate-hike concerns | Reuters

SUMMARY
Atlassian surges after Q4 profit, revenue beat
All three indexes record their biggest weekly percentage gains since April
July nonfarm payrolls at -23,000 versus +80,000 estimate
Indexes up: Dow 0.28%, S&P 500 0.62%, Nasdaq 1.3%

NEW YORK, Aug 7 (Reuters) - U.S. stocks advanced on Friday, with the S&P closing at a ​record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed ‌jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting.

The Labor Department said nonfarm payrolls decreased by 23,000 jobs last month, well below the estimate of economists polled by Reuters that called for an increase of 80,000 jobs.
Previously reported job gains for the prior two months were also revised sharply lower, while the unemployment rate ​fell to 4.1% last month from 4.2% in June due to workers leaving the labor force.


https://www.reuters.com/business/sp-500-dow-futures-muted-ahead-jobs-data-chips-software-stocks-rise-2026-08-07/

S&P closes at record high as soft jobs report eases rate-hike concerns
https://www.straitstimes.com/business/companies-markets/sp-closes-at-record-high-as-soft-jobs-report-eases-rate-hike-concerns

Singapore sketched: An illustrated tour of the sunny island
https://www.straitstimes.com/singapore/singapore-sketched-an-illustrated-tour-of-the-sunny-island

Marks of a nation: 61 years of design in Singapore
https://www.straitstimes.com/multimedia/marks-of-a-nation-61-years-of-design-in-singapore

Nvidia ends week up more than 10% as AI chip fears ease
https://finance.yahoo.com/technology/article/nvidia-ends-week-up-more-than-10-as-ai-chip-fears-ease-205751147.html

OpenAI says its upcoming Astra model may have 'critical' cybersecurity capabilities amid rash of AI model hacks
https://finance.yahoo.com/technology/article/openai-says-its-upcoming-astra-model-may-have-critical-cybersecurity-capabilities-amid-rash-of-ai-model-hacks-194909085.html


#QuarterChart
https://vt.tiktok.com/ZS4G7ALhp/

More Than Half of Cloudflare's Network Traffic Is No Longer Human. The Stock Broke to a Record on It.
https://finance.yahoo.com/markets/stocks/articles/more-half-cloudflares-network-traffic-220800969.html

This week’s top reads from The Straits Times, Aug 8, 2026


https://str.sg/9Eg8

#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

2008 vs 2026: The Same Dominoes Are Falling and it is created by The #JayMartin Show

The machine that broke the economy in 2008 has been rebuilt — and this time it's made of AI. Jay breaks down the $2 trillion in promised future payments that Microsoft, Oracle, Google and Amazon are counting as guaranteed revenue, why those promises come from companies that lose billions every year, and how the same structure powered the housing bubble — which actually died in 2006, while prices were still at record highs. He explains why a nearly free Chinese AI model is now attacking the growth that holds the whole thing up, why Washington's proposed ban could make it worse, and the one number that signals when the machine starts to break.

0:00​ The Largest Funding Round in History
1:36​ Everybody Remembers 2008. Nobody Remembers 2006
2:31​ The Loan That Was Never Meant to Be Repaid
3:41​ 8% Instead of 15%
5:44​ The Machine, Rebuilt
8:05​ Take or Pay
9:37​ Borrowing Against a Promise
11:30​ Thirty Years of Dismissed Dominoes
12:39​ Kimi K3
14:48​ The Catfish Effect, Run Backwards
16:38​ The Third Borrower
18:21​ The Stack
20:43​ What I'm Not Saying
21:12​ The 2006 Question
21:40​ What You Can Actually Do
24:36​ The Only Number That Ever Mattered

Copyright © 2026 Cambridge House International Inc. All rights reserved.


SUMMARY

This video argues that the modern artificial intelligence industry is built on a financial structure eerily similar to the one that caused the 2008 housing bubble, warning that a potential collapse could follow a similar pattern.

Key Takeaways

The Rebuilt Machine: The host explains that OpenAI, Microsoft, Oracle, Google, and Amazon are counting on over $2 trillion in promised future payments (often from profitless AI companies) to justify massive infrastructure spending. He compares this to the "2-and-28" mortgage model of the early 2000s, where loans were never meant to be repaid but were instead refinanced against rising property values (3:31-5:44).

The 2006 Lesson: The real estate bubble didn't burst when prices crashed, but in 2006 when price growth merely slowed down, making it impossible for borrowers to refinance their loans. The host emphasizes that we should not watch for a crash in AI, but rather for the moment when the speed of growth in AI valuations and revenue begins to falter (3:41-4:50, 20:47-21:12).

The China Factor: The recent release of the Kimi K3 model by Moonshot AI—which is highly capable and roughly 40% cheaper than American alternatives—poses a significant threat to the growth trajectory of American AI models. This competition could force a slowdown in revenue growth for US labs (12:20-13:47).

The Stacked Risks: The host warns that AI valuations support the S&P 500, which in turn supports global savings and the funding of U.S. government debt. If the AI growth narrative breaks, it could destabilize the broader financial system, including the U.S. Treasury market (18:21-20:18).

What to Watch

Construction Spending: Watch for the day a major tech giant announces it is cutting AI-related infrastructure spending and the market reacts positively, signaling that the "race" is over (22:20-22:40).

Funding Rounds: Monitor whether OpenAI's next valuation raise is smaller than the previous one, as this speed is the "collateral" holding the system together (14:01-14:17).

https://youtu.be/Zgbzdk-eqJ0?is=7pZBoK9shKr2CWk2

South Korea volatility spike ebbs as leveraged trades are flushed out
https://www.straitstimes.com/business/south-korea-volatility-spike-ebbs-as-leveraged-trades-are-flushed-out