The Fed’s preferred inflation gauge rose again in August, but not enough to derail expectations for easing later this year. Markets took comfort that price pressures remain contained while underlying demand stays resilient, keeping a soft‑landing narrative intact.
Source: MarketWatch
Chip stocks pop on potential “1‑to‑1” U.S. manufacturing rule
Shares of Intel and GlobalFoundries advanced after reports the administration is weighing a rule that would require U.S. companies to manufacture domestically an amount of chips equal to what they import. Investors read the proposal as a tailwind for U.S. foundries and an added push for onshoring semiconductor capacity.
Source: Seeking Alpha
Gold logs sixth straight weekly gain; silver caps best week in 14 years
Haven demand and rate‑cut bets sent bullion higher for a sixth week, while silver surged to its strongest weekly performance since 2010. The rally underscores investors’ hedging against policy uncertainty, trade tensions and sticky inflation.
Source: Seeking Alpha
Lockheed’s Sikorsky wins nearly $11B U.S. Navy helicopter deal
Lockheed Martin’s Sikorsky unit secured a contract approaching $11 billion from the U.S. Navy, bolstering the defense giant’s backlog and multi‑year revenue visibility. The award reinforces defense spending momentum amid heightened geopolitical risk and modernization priorities.
Source: Seeking Alpha
TikTok U.S. reportedly valued at $14B in proposed deal, below expectations
A proposed transaction values TikTok’s U.S. operations at about $14 billion, short of many analyst estimates. A lower price tag could complicate negotiations and the outlook for investors tied to any eventual restructuring.
Source: Seeking Alpha
Vanguard may open the door to spot Bitcoin and Ether ETFs
Vanguard is considering giving brokerage clients access to U.S. spot Bitcoin and Ethereum ETFs, a notable shift for the $10 trillion asset manager. A move to permit trading could broaden mainstream adoption and unlock new retail inflows into crypto‑linked funds.
Source: FinanceFeeds
Swift pilots Ethereum Layer‑2 connectivity with global banks
Financial messaging network Swift is testing on‑chain messaging via Ethereum Layer‑2 (Linea) alongside BNP Paribas and BNY, exploring how tokenization and blockchain rails could integrate with existing payments infrastructure. The trial highlights accelerating convergence between TradFi and public‑chain technology.
Source: FinanceFeeds
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