Stock Market Update Today, 8/12/26 – Futures Tick Up Before CPI Release
August 12, 2026, 5:55 AM EDT. U.S. stock futures inched up ahead of Wednesday’s session as investors looked to the upcoming July Consumer Price Index (CPI) report. Markets reflected measured optimism against a backdrop of uncertainty, with futures suggesting a possible upward trend.
Stock Market News Today, 8/12/26 – Futures Edge Higher Ahead of CPI Report
Life360 ASX:360 Q2 Revenue Climbs 38%, Margins Narrow, Shares Slide
August 12, 2026, 5:54 AM EDT. Life360 ASX:360 posted Q2 2026 revenue of US$159 million, a 38% increase from a year earlier, with adjusted EBITDA at US$31.1 million and a margin of 20%, down from 22%. Although monthly active users hit a record 102 million and paying circles grew 27%, net income dropped 28% to US$5.1 million as operating expenses rose. The stock declined 20% over the past week, falling to A$23.50, as investors question margin sustainability.
Life360 (ASX:360) Shares Drift As Margin Questions Cloud Growth
Tencent Reports Profit Increase as Global AI Firms Face Funding Pressures
August 12, 2026, 5:53 AM EDT.Tencent’s earnings climb even as AI companies worldwide spend heavily to develop new models, underlining the stark financial contrast within the artificial intelligence sector.
Another AI lab is burning through cash as Tencent earnings rise
S&P 500 Valuation Approaches Dot-Com Era Levels, Investors Recall 2000 Aftermath
August 12, 2026, 5:52 AM EDT. The S&P 500 has climbed 13% in 2024, bringing its Shiller CAPE valuation close to levels last recorded in 2000 at the height of the dot-com bubble. The index’s current valuation increase mirrors the tech-fueled surge of that period, with today’s momentum driven by AI excitement. Historically, after the 2000 high, the Nasdaq dropped 77% by 2002. This familiar warning sign is prompting caution as inflation persists and U.S. economic growth remains robust but uneven.
T. Rowe Price Fund Manager Sees AI Capex at $1.6 Trillion in 2024
August 12, 2026, 5:51 AM EDT. A fund manager from T. Rowe Price projects AI capex will reach $1.6 trillion in 2024, saying hyperscalers should have no trouble financing their spending. The manager anticipates strong returns and brief payback times, likening the situation to 1998 rather than the dot-com crash era.
Michael Burry Bets Against Nebius as AI Data Center Demand Fuels Growth and Debt
August 12, 2026, 5:41 AM EDT. Michael Burry has taken a short position in Nebius (NBIS +4.95%), ahead of the AI data center developer’s earnings release. While Nebius posted a substantial 684% increase in revenue, reaching $399 million in Q1 2026, and secured partnerships with Meta and Microsoft, its long-term debt climbed to $8.4 billion, doubling from the previous period. Investors are weighing Nebius’ rapid expansion and surging demand for AI infrastructure against its significant debt load.
Michael Burry Just Shorted Nebius. Should Investors Avoid the Stock?
Barclays PLC Notifies Future PLC of Change in Voting Rights Holding
August 12, 2026, 5:40 AM EDT. Barclays Capital Securities Limited informed Future PLC on 7 August 2026 that its voting rights position had crossed a threshold, now holding a total of 5.96% voting rights – with 5.91% held directly, and 0.05% through financial instruments. The notification, made public on 11 August 2026, reflects a decline from the previous 6.15%. The voting rights pertain to shares under ISIN GB00BYZN9041, accounting for 5,372,375 rights.
Zetwerk Targets $400 Million IPO in India, Sources Say
August 12, 2026, 5:39 AM EDT. Indian contract manufacturer Zetwerk Pvt. is gearing up to file publicly for an initial public offering (IPO) that may secure as much as $400 million, sources with knowledge of the matter said.
Zetwerk Is Said to Plan Public Filing for $400 Million India IPO
Nvidia Rises After $500 Billion AI Compute Plan, $125 Billion Risk Support Backed by Financial Giants
August 12, 2026, 5:37 AM EDT. Nvidia (NVDA) rose 0.66% to $218.94 in premarket trading on August 12, 2026, after unveiling a $500 billion AI compute infrastructure financing initiative. The company committed a $125 billion guarantee, covering 25% of the financing risk, with backing from six financial firms including BlackRock, Goldman Sachs, and KKR. CEO Jensen Huang emphasized Nvidia’s leading position in AI compute as first-quarter revenue jumped 85% over the previous year.
Nvidia shares (NVDA) rise after $500 billion fundraising plan retains $125 billion safety net
Can a Wife Take 50% of Her Husband’s Social Security Now and Move to Her Own Benefit at 70?
August 12, 2026, 5:36 AM EDT. This article explores if a wife is able to collect half of her husband’s Social Security benefit right away before switching to her larger personal benefit at age 70. It provides key guidance for married women considering Social Security claiming options to maximize their long-term financial outcomes.
Can I claim 50% of my husband’s Social Security now — and switch to my higher benefit at 70?
Dow, S&P 500 Futures Stable, Nasdaq Rises Ahead of CPI Data Release
August 12, 2026, 5:35 AM EDT. US stock futures held steady in advance of the crucial Consumer Price Index (CPI) report, with Dow Jones futures unchanged, S&P 500 futures climbing 0.2%, and Nasdaq-100 futures advancing 0.6%. Investors are anticipating CPI inflation to come in at a 3.4% annual increase in July. Market participants remain focused on prospective Federal Reserve interest rate moves amid ongoing inflation concerns and fluctuations in global bond yields. Major earnings reports include Cisco Systems and Coherent Corp.
Stock market today: Dow and S&P 500 futures muted ahead of CPI data, Nasdaq rises
IEA's August 2026 Oil Market Update: Production, Demand, Price Trends
August 12, 2026, 5:24 AM EDT. The International Energy Agency’s August 2026 Oil Market Report offers a comprehensive assessment of the oil industry, outlining main insights regarding output, consumption, and price movements.
Oil Market Report – August 2026
Gold, Silver Outlook: CPI Data Monitored as Gold Holds Above $4,430
August 12, 2026, 5:23 AM EDT. Gold trades at $4,405, moving inside an upward channel with bullish momentum above the 50-EMA ($4,332) and 100-EMA ($4,259). Price action steady around $4,430 signals continued buying interest, with resistance at $4,430, $4,477, and $4,516. Key support levels remain at $4,369, $4,306, and $4,224. Silver (XAG/USD) rises from channel support and targets resistance around $66.50.
Gold (XAU/USD) & Silver Price Forecast: Can CPI Push Gold Beyond $4,430?
Super Micro (SMCI) Jumps 7% After Posting Record Gross Margins, 35% Revenue Gain
August 12, 2026, 5:22 AM EDT. Shares of Super Micro Computer (SMCI) climbed 7% as the company reported a 35% jump in sales and a record gross margin of 17.5%. Fiscal Q1 2027 revenue guidance came in at $15 billion, surpassing Wall Street’s forecast by 27%, with adjusted EPS reported at $1.06. While Q4 revenue came in 4% below analyst expectations, net income jumped sixfold to $1.17 billion. The company announced $60 billion in new orders, kicking off fiscal 2027 with its largest backlog to date.
Super Micro shares (SMCI) climb 7% as record-high margins coincide with a 35% surge in sales
Aspen Ranch Owned by John Oates Sells for $6.9 Million
August 12, 2026, 5:21 AM EDT. John Oates, known for his work as part of Hall & Oates, has parted with his Aspen ranch of 35 years in a sale valued at $6.9 million.
Musician John Oates sells his idyllic Colorado ranch for $6.9 million
Yari Resources Allots More Than 209 Million Shares, Targeting Coal Project and Pilbara Licences
August 12, 2026, 5:20 AM EDT. Yari Resources has allocated 209,865,951 fully paid shares in the initial phase of a strategic placement, aiming to strengthen its capital position to advance the Rolleston South Coal Project and exploration licences in the Pilbara region. The Queensland Bowen Basin coal project offers premium thermal coal close to key infrastructure, which boosts export potential. Yari affirms adherence to disclosure requirements and is increasing its capacity for future expansion in coal and minerals exploration.
Yari Resources Issues Over 209 Million Shares in Placement to Support Coal and Exploration Assets
Oil, Gold Climb; Asian Shares Mostly Higher Before US Inflation Data
August 12, 2026, 5:19 AM EDT.Oil prices gained 0.9%, with Brent crude reaching $89.67 and US crude at $83.98. Gold moved up 0.8% to $4,400.44, and silver rose by 1%. Asian equities mainly advanced, led by a gain of more than 4% in South Korea’s Kospi, as investors awaited the US July inflation report, projected to slow to 3.4% from 3.5%. Wall Street lost ground, with the S&P 500 slipping 0.3%, as concerns about inflation and interest rates persisted alongside geopolitical tensions involving Iran.
World markets mixed as oil and gold rise ahead of US inflation data
Stock Market Update: Dow Steady, S&P 500 and Nasdaq Futures Edge Higher Ahead of July CPI; Super Micro and CoreWeave Jump
August 12, 2026, 5:18 AM EDT.S&P 500 futures gained 0.2%, while Nasdaq 100 futures advanced 0.4%, and Dow Jones futures held flat as markets await the July CPI report. Super Micro and CoreWeave shares surged after both topped earnings forecasts, reflecting measured optimism across U.S. equities.
European Shares Level as Oil Climbs, Markets Await US CPI Data
August 12, 2026, 5:17 AM EDT. European shares were largely unchanged even as oil prices advanced, with U.S. crude closing at $83.89 and Brent settling at $89.49 per barrel – both the highest since July 31. Persistent Iran-driven tensions continue to pose risks to energy costs and broader inflation. Asian markets, led by a 0.7% gain in South Korea, rose, while U.S. equity futures inched higher. Investors are focused on upcoming U.S. July CPI figures, anticipated to increase 0.1% monthly and reach a 3.4% yearly inflation rate, numbers that could sway expectations for future Federal Reserve rate moves.
European stocks steady, oil rises before CPI
September Rate Hike Likelihood Falls Sharply After Weak Jobs Data
August 12, 2026, 5:16 AM EDT. Chances for a September interest rate hike have sharply declined, slipping from 67% on July 31 to 44.4% on August 7, following a disappointing July jobs report that revealed a loss of 23,000 jobs alongside annual wage growth of just 3.2%. The new data adds complexity to the Federal Reserve’s challenge in meeting its dual mandate amid ongoing inflation and lackluster employment figures.
FTSE 100 falls as US-Iran Strait of Hormuz tensions rise
August 12, 2026, 5:15 AM EDT. The FTSE 100 declined 0.08% as heightened US-Iran tensions near the Strait of Hormuz eclipsed expectations surrounding US inflation data. The US disrupted the steering system of the Panama-flagged M/V Vela Nova in the Gulf of Oman during a blockade. Oil prices advanced, with Brent crude trading at $89.50 (+0.66%) and WTI at $83.83 (+0.77%). Gold futures were also up 0.41%. Geopolitical issues pressured UK stocks.
FTSE 100 slips as US-Iran tensions over Strait of Hormuz escalate
Treasury yields flat as investors brace for July CPI reading
August 12, 2026, 5:13 AM EDT. U.S. Treasury yields held steady, with the 10-year at 4.682%, the 2-year at 4.212% and the 30-year at 5.231%, as investors looked ahead to the July Consumer Price Index (CPI). The data is expected to show a 0.1% rise month-over-month and 3.4% gain year-over-year, a key metric for the Federal Reserve’s September policy decision. Core CPI is projected at 2.5% year-on-year, shaping expectations for Treasury moves and inflation trends.
Treasury yields are little changed as investors await key inflation data
Kanto Denka Kogyo (TSE:4047) Under Valuation Spotlight Amid Strong Profit Margins
August 12, 2026, 5:12 AM EDT. Kanto Denka Kogyo shares are valued at a high multiple, with a trailing P/E of 39.9x and a 21.1% rise over the past three months, though recently down 10.3%. The firm reported a trailing 12-month net profit margin of 5.8%, an increase from 5.2%, reflecting high-quality earnings. Yet, the lack of Q1 2027 revenue and earnings information adds to uncertainty, keeping markets cautious on the stock’s valuation.
Kanto Denka Kogyo (TSE:4047) Stock Asks Whether Better Margins Justify Premium
Suzuki Ltd (TSE:6785) Shares Drop Despite Margin Gains and Potential Undervaluation
August 12, 2026, 5:11 AM EDT. Suzuki Ltd posted FY 2026 revenue of ¥40,445.8m, net income of ¥4,254.6m, and a basic EPS of ¥261.13, all marking year-on-year increases. Net profit margin climbed to 9.3% from 8.3%. Although the company delivered strong earnings and margin growth, shares lost 9% over the past week. The stock trades at a P/E of 11.4x-36% below estimated fair value-suggesting ongoing investor worries about market cyclicality.
Suzuki (TSE:6785) Stock Looks Cheap As Margins Strengthen
EM Systems Margins Narrow, Dividend Coverage Remains Under Pressure
August 12, 2026, 5:10 AM EDT. EM Systems (TSE:4820) posted a drop in net profit margin to 6.9%, compared to 11.7% the previous year. H1 2026 net income came to ¥663 million, sharply lower than ¥1,603 million in H1 2025. Shares trade on a P/E of 25.6x and yield 4.11% with limited earnings cover. The performance highlights continued margin pressure and weak revenue performance at ¥10,434 million.
EM Systems (TSE:4820) Stock Price Mirrors Margin Squeeze And Thin Dividend Cover
Sanyo Engineering & Construction Shares Gain 15% as Margins Strengthen
August 12, 2026, 5:09 AM EDT. Sanyo Engineering & Construction (TSE:1960) shares have climbed 15% over the past three months. The company’s trailing net margin has increased to 4.5% from 2.6% year-on-year, indicating stronger profitability in a typically low-margin sector. Still, Q1 2027 revenue and net income stayed unchanged at ¥13,969 million and ¥268 million, sparking concerns about underlying growth despite the stock’s rise.
Sanyo Engineering & Construction (TSE:1960) Stock Looks Cheap As Margins Improve
Profit Margin Narrows for Maruzen Showa Unyu (TSE:9068) in Q1 2027 as Revenue Rises
August 12, 2026, 5:08 AM EDT. Maruzen Showa Unyu posted Q1 2027 revenue of ¥37,515m, marking a 4.7% increase from a year earlier, but net income declined 5.3% to ¥2,715m and basic EPS slipped 4.1% to ¥140.83. While short-term earnings have tightened, trailing 12-month net income climbed 24.1% to ¥12,532m, underscoring the company’s logistics sector strength despite market headwinds and recent share price weakness.
Maruzen Showa Unyu (TSE:9068) Stock Cools As Profit Squeeze Persists
CoreWeave Jumps 17% After Q2 Revenue Doubles, Capex Forecast Raised
August 12, 2026, 5:07 AM EDT. CoreWeave Inc. NASDAQ:CRWV climbed 17% in premarket trade after second-quarter revenue rose to $2.58 billion, more than doubling, and adjusted operating income was up by a factor of six. The company lifted its capital expenditure midpoint to $37 billion, which stands at 2.9 times its expected annual revenue. Despite a higher capex outlook, management lifted full-year revenue guidance to $12.4-$13.2 billion and forecast third-quarter revenue between $3.45-$3.60 billion, citing a $104.2 billion backlog for support.
CoreWeave Shares Surge 17%; $37 Billion Capex Triggers Cash Challenge
Nichiban Shares Under Scrutiny as Profit Margins Tighten Despite Lofty Valuation
August 12, 2026, 5:06 AM EDT. Nichiban (TSE:4218) posts Q1 2027 revenue unchanged at ¥11,923 million and maintains EPS at ¥19.30, but sees its trailing net profit margin slip from 4.0% to 3.3%. While sales remain stable, the company’s stock is valued at a P/E multiple of 23.5x, outpacing sector averages. The decline in margins despite flat earnings puts investor sentiment to the test, with the spotlight on Nichiban’s ability to manage costs and avoid deeper structural concerns.
Nichiban (TSE:4218) Stock Faces Premium Scrutiny As Margins Thin
S&P 500 Futures Hold Steady as Inflation Worries and Fed Outlook Cloud Sentiment
August 12, 2026, 5:05 AM EDT. S&P 500 futures are unchanged at 7,776, with US stock futures displaying uncertainty as global bond yields climb and inflation remains a focus. The US 10-year Treasury yield is approaching 4.7%, lifted by elevated oil prices and persisting inflation pressure, affecting banks, real estate, and utilities most. Shares making significant moves include Sea (SE) up 14.56%, Everpure (P) gaining 11.63%, and KKR rising 6.88%. Investors are watching for upcoming earnings from Cisco, Applied Materials, Nu Holdings, and Tapestry in the next sessions.
US Stock Market Today: S&P 500 Futures Stall On Inflation Jitters And Fed Uncertainty
Dow, S&P 500, Nasdaq Futures Climb as Investors Eye Earnings, Inflation Data
August 12, 2026, 5:04 AM EDT. U.S. stock futures advanced Wednesday, with the Dow, S&P 500, and Nasdaq poised to start higher. Notable stock moves involved CoreWeave, Lumentum, and Super Micro. Sentiment in the market reflected worries about Trump, Iran Hormuz tensions, and anticipation ahead of the CPI inflation report. Trading was also active in technology names including Micron and Marvell.
JPMorgan Lifts Singapore Stocks Forecast on Economic Strength
August 12, 2026, 4:57 AM EDT. JPMorgan Chase increased its 12-month projection for Singapore shares, estimating the Straits Times Index (STI) may hit 7,000, or a 22% increase. The bank points to strong economic momentum, AI-powered growth in trade and manufacturing, and a firm Singapore dollar as drivers, with the STI climbing more than 23% in 2026. JPMorgan highlights a goldilocks economic environment, attractive yields, and a steady currency among the main reasons for continued earnings growth and rising investor interest.
JPMorgan boosts Singapore stocks target as economic growth holds
Unicorn AIM VCT PLC Raises £30.6M with 4.74M New Ordinary Shares
August 12, 2026, 4:56 AM EDT. Unicorn AIM VCT PLC has issued 4,743,677 new Ordinary Shares, with prices ranging from 78.80p to 84.52p on 12 August 2026, bringing in £30.6 million before expenses. The shares will be included on the Official List and begin trading on the London Stock Exchange main market, with dealings expected to commence around 13 August 2026. Following this issue, the Company’s total number of Ordinary Shares stands at 260,394,439.
Cevian Capital II GP Limited Raises Stake in Smith & Nephew Plc Above 14% Threshold
August 12, 2026, 4:55 AM EDT. Cevian Capital II GP Limited, through Aurora Nominees Limited, surpassed the 14.2144% voting rights threshold in Smith & Nephew Plc on 07-Aug-2026, up from 14.0107%. The company now holds a total of 11,917,941 shares, as stated in a notice received on 11-Aug-2026. The holdings consist predominantly of direct voting rights and do not include financial instruments.
Kontoor Brands (KTB) Shares Slide, Remain Below Fair Value Before Q2 Earnings
August 12, 2026, 4:54 AM EDT. Shares of Kontoor Brands (KTB) fell 2.86% to $74.96 in a single session and are down 10.13% over the past week, yet show a 14.92% return over 90 days and a one-year total return of 9.64%. Trading under its estimated fair value of $92.67, Kontoor faces challenges from cost and tariff headwinds, but is seeing increased demand for Wrangler and Lee casual wear, which may fuel margin improvement and revenue gains ahead of Q2 earnings.
Is Kontoor Brands (KTB) A Bargain As Investors Await Q2 Earnings?
Plug Power (PLUG) Ends 5.21% Higher After Retreating From Earnings Rally
August 12, 2026, 4:53 AM EDT. Plug Power NASDAQ:PLUG finished August 11 trading with a 5.21% gain at $2.22, after surrendering roughly 74% of its earlier post-earnings spike. The company posted a 2.5% increase in Q2 revenue to $178.3 million, alongside a marked improvement in gross margin to -0.9%. Operating expenses were cut by 49.4%, while adjusted loss per share narrowed by $0.11. Management lifted the 2026 revenue growth outlook to 15-16% and aims for positive EBITDAS by Q4 2026, even as cash declined by 56% and share dilution occurred.
Plug Power (PLUG) ends up 5%, erasing most of earnings day gain
3 Reasons to Steer Clear of TLYS and a Better Buy Alternative
August 12, 2026, 4:52 AM EDT. Tilly’s (TLYS) shares jumped 197% to $4.22 over six months, but warning signs remain: same-store sales growth of 1.1% trails its rivals, an average operating margin stands at -3.9%, and debt totals $225 million, equating to a net-debt-to-EBITDA ratio of 28×. With a high 43.4× forward EV-to-EBITDA valuation, Tilly’s stock could present added risk to portfolios despite recent advances.
3 Reasons to Avoid TLYS and 1 Stock to Buy Instead
Drone Strike Hits Libyan Zawiya Oil Terminal's Power Plant
August 12, 2026, 4:51 AM EDT. A drone strike hit a power plant at the Zawiya oil export terminal in Libya, close to the nation’s largest refinery, putting refinery operations at risk and deepening local fuel shortages. This is the fourth drone strike within days, after a prior explosion and a naphtha tank leak. The Zawiya terminal handles 120,000 barrels daily from Sharara field, which has output up to 300,000 barrels daily. The National Oil Corporation warns further attacks could prompt a force majeure declaration.
Drone Attack Hits Power Plant at Key Libyan Oil Hub
Septerna Jumps 23% as SEP-479 Data Tops Expectations
August 12, 2026, 4:50 AM EDT. Septerna (SEPN) rose 22.9% to $47.76 on August 11 after new pharmacokinetics data showed its oral treatment SEP-479 achieves a 3-4 day half-life, backing once-daily dosing. Shares closed above the $46.78 average analyst target. Second quarter revenue totaled $26.7 million from research partnerships, with net loss narrowing by 47.5%. With $516.5 million in cash, the company projects it can fund spending for 12 quarters, through 2029.
Septerna Shares (SEPN) Surge 23% Following Positive SEP-479 Signal, Exceeding Analyst Predictions
Sensex Sheds More Than 650 Points, Nifty Drops Under 24,300 as Crude Gains; Resignation of Tata Group CEO Weighs on Tata Shares
August 12, 2026, 4:49 AM EDT. The Sensex lost 656 points (0.84%) to reach 77,497.93, while the Nifty50 declined 206 points (0.84%) to 24,265.95. The downward movement comes amid a surge in crude oil prices and was intensified after Tata Group CEO Chandrasekaran’s resignation, which pulled Tata shares lower.
The Office UK Actor Lucy Davis Shares Stage 4 Breast Cancer News
August 12, 2026, 4:48 AM EDT. Lucy Davis, recognised for her performance in The Office UK, has shared her stage 4 breast cancer diagnosis, stating the disease has metastasised to her spine, hip, and ribs, with chemotherapy not being an option at this time. Davis urges early detection and intends to pursue acting, approaching her condition with dark humour and determination. Her credits include Shaun of the Dead and Wonder Woman.
Office UK Star Shares Incurable Cancer Diagnosis
Dollar Rises as Iran Concerns and U.S. Inflation Data Attract Attention
August 12, 2026, 4:36 AM EDT. The U.S. dollar climbed on unease over fresh Gulf tensions and worries about a potential energy disruption, with investors focusing on upcoming U.S. inflation data for clues on Federal Reserve direction. Although U.S. jobs figures came in soft, markets continue to anticipate possible inflation-driven Fed moves. The dollar index added 0.05% at 99.85, while the yen weakened as traders eyed potential rate divergence and intervention impact.
Dollar ticks up on Iran tensions, with US data in focus
India Lags Global Markets to Worst Level in 17 Years, Atul Suri Says
August 12, 2026, 4:35 AM EDT. India’s stock market has posted its steepest underperformance against global peers in 17 years, according to Marathon Trends PMS CEO Atul Suri. He calls this period a time correction as opposed to a decline in prices, with the Nifty 50 to MSCI ACWI ratio at its lowest point in nearly 20 years. Previous cycles of such underperformance have historically led to robust rallies. Suri also points to the onset of a commodity supercycle, fuelled by sectors such as energy, metals, and agriculture.
India hasn't lagged global markets this much in 17 years: What Atul Suri expects next
Futures Mostly Flat as Investors Await Inflation Data
August 12, 2026, 4:34 AM EDT.Stock futures were little changed on Wednesday, with investors looking ahead to the consumer inflation report for further clues on the Federal Reserve’s policy outlook. Dow (INDU) futures edged down 0.01%, while S&P 500 futures traded unchanged. Market focus remains on WYNN, BKR, A, TXT, COHR, SMCI, IVZ, VRSK, and LITE.
Stock futures little changed as traders await inflation report
Balfour Beatty Lifts Annual Outlook as Shares Hit New High
August 12, 2026, 4:33 AM EDT. Balfour Beatty raised its full-year operating profit forecast on robust infrastructure demand in the US and UK, sending shares to a record high as investors responded positively to the company’s outlook.
UK's Balfour Beatty raises annual profit forecast, shares jump to record high
Stock Jumps Following Situational Awareness Filing as Outlook Stays Unclear
August 12, 2026, 4:32 AM EDT. Shares rose on Wednesday after Financial market disclosures from Situational Awareness, a hedge fund with a history of rapid portfolio growth that was forced to liquidate its stocks. While the stock climbed, its current fate remains unclear, signaling persistent uncertainty in the market.
A stock just surged on news Situational Awareness had bought it. But its current fate is unclear.
Cordel Group PLC Shares Begin Trading on AIM at London Stock Exchange
August 12, 2026, 4:20 AM EDT. The London Stock Exchange began trading 13,276,111 ordinary shares of Cordel Group PLC on AIM on 12 August 2026. These ordinary shares have a nominal value of 1p each, are fully paid, and carry ISIN GB00BYZQM590. Market Operations can provide additional information at 020 7797 4310. The announcement is released by RNS, a Primary Information Provider authorised by the FCA.
European Shares Flat as Investors Await U.S. Inflation Figures
August 12, 2026, 4:19 AM EDT. European stocks remained largely unchanged on Wednesday as market participants assessed corporate earnings and persistent geopolitical risks while waiting for key U.S. inflation data to be published.
European stocks tread water ahead of US inflation data
TSMC July Revenue Hits Record, Up 45%, Shares Remain 13% off High
August 12, 2026, 4:18 AM EDT. TSMC (Taiwan Semiconductor) recorded its highest-ever July revenue at NT$467.58 billion, representing a 44.7% increase from a year earlier and a 5.6% rise over June. Cumulative revenue is up 37% from last year, seven months into 2026. Shares finished the session at $418.47, roughly 13% below the 52-week peak of $479, with the firm’s valuation close to $1.9 trillion. TSMC projects more than 40% revenue growth for 2026 and has lifted its capital expenditure target to $60-64 billion.
Taiwan Semiconductor's July Revenue Rose 45% and the Stock Sits 13% Below Its High
Legal & General Slides on Broker Downgrades After Share Surge; James Hardie Flagged for Cash Flow Value
August 12, 2026, 4:17 AM EDT.Legal & General LSE:LGEN jumped 22% to 300p, even as Citigroup, Goldman Sachs and UBS cut the stock to Sell on concerns around pension buyouts and profits, with price targets set between 245p and 280p. In Australia, James Hardie Industries ASX:JHX is identified as one of three local companies trading below cash flow value, holding an A$25.1b market cap and forecast earnings growth of 32.3%, notwithstanding debt and margin challenges.
Stock Market Today: Live Updates 12.08.2026
Citigroup Securities Join LSE International Securities Market
August 12, 2026, 4:04 AM EDT. Multiple securities from Citigroup Global Markets Funding Luxembourg S.C.A. began trading on the London Stock Exchange’s International Securities Market from 12 August 2026. The lineup covers several Autocall Notes and Certificates denominated in USD, SGD, and HKD, referencing baskets of shares and indices, and featuring maturities between 2027 and 2028. These products offer Fixed Coupon, Autocall, Snowballing, and Non-Capital Protected structures.
REG – Stock Exch Notice – Admission to ISM
London Stock Exchange Lists New Securities on 12 August 2026
August 12, 2026, 4:03 AM EDT. The London Stock Exchange added multiple new securities to its market on 12 August 2026, featuring 21SHARES Bitcoin ETPs (CBTC, ABTC), Acceler8 Ventures PLC ordinary shares (4,469,225 units), the Amundi Physical Gold ETC, Bitwise Core Bitcoin ETP, a GBP350M floating rate note from Commonwealth Bank of Australia, and a selection of International Finance Corporation notes denominated in COP and BRL. Newly admitted ETCs included several physical gold and silver securities from Invesco and iShares.
REG – Stock Exch Notice – Admission to Trading
Legal & General downgraded to Sell by three City brokers, price targets set at 245p-280p
August 12, 2026, 4:02 AM EDT. Legal & General LSE:LGEN shares climbed 22% from 245p to 300p, yet Citigroup, Goldman Sachs, and UBS each labelled the stock as Sell in August, assigning price targets in the 245p to 280p range. The downgrades cite worries over weaker pension buyout demand, lower Contractual Service Margin releases, Institutional Retirement earnings, and dividend stability. While the company offers a 7% yield and prospects for AI-driven efficiencies, the three downgrades underscore increasing concerns.
3 City brokers just said it’s time to sell Legal & General shares
James Hardie Industries Stands Out as 1 of 3 Australian Stocks Valued Below Cash Flow
August 12, 2026, 4:01 AM EDT. Higher yields in the US and UK draw attention to robust cash generation, while increased discount rates boost future cash flow values. This report examines three Australian stocks trading beneath their cash flow valuations, highlighting James Hardie Industries ASX:JHX, a global leader in building materials, with a A$25.1b market capitalisation and projected 32.3% earnings growth. While the company has encountered recent margin challenges and elevated debt, its cash flow suggests a valuation greater than its current share price, which may appeal to investors focused on cash flow.
