Apple Inc.

NVIDIA Corporation

Figma

Intel Corporation

Nvidia shares lost 3.5% after a weak report on key AI chips and uncertainty over exports to China. Intel warned that having a new shareholder - the US government - could complicate the company's overseas business. Figma's quotes collapsed after neutral Wall Street estimates, analysts consider the company's shares overvalued. Core inflation in the U.S. in July rose at the fastest pace in five months. About the main events from August 25 to 29 - in our review.

Highlights of the week: Nvidia and Figma disappointment, Intel risks, Apple expectations

Dell Technologies Inc.

Microsoft Corporation

Etsy, Inc.

EBAY INC EBAY ORD

Wall Street hit all-time highs amid upward revisions to US GDP and expectations of a Fed rate cut, but investors are cautiously awaiting key inflation data. Meanwhile, Dell shares fell more than 5% after a weak earnings forecast despite a rise in AI server sales. Intel said it received $5.7 billion from the U.S. government in a deal that is raising questions among investors. About these and other topics - in our review of key events by the morning of August 29.

Microsoft is testing an entirely proprietary AI model. This will increase competition with OpenAI

Northrop Grumman Corporation

Lockheed Martin Corporation

OpenAI risks postponing restructuring until next year due to protracted negotiations with Microsoft. The U.S. is discussing the expansion of the role of the state in strategic industries: after receiving a 10% stake in Intel, the authorities are considering the possibility of participation in the capital of defense contractors, including Lockheed Martin. On the commodity markets, the pressure is intensified by the forecast of Goldman Sachs: by the end of 2026, the oil surplus may reach 1.8 million barrels per day, which will bring down the price of Brent. These and other topics are covered in our review of key events for the morning of August 27.

Interactive Brokers Group, Inc.

The Boeing Company

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Trump increases uncertainty

Musk's AI startup has not publicly provided evidence that Apple is giving any advantage to the ChatGPT creator in its App Store

Elon Musk's startup xAI has accused Apple and OpenAI of monopoly collusion

Tesla, Inc.

Meta Platforms, Inc.

Tesla and xAI CEO Elon Musk earlier this year offered Meta CEO Mark Zuckerberg a stake in a $97.4 billion buyout of OpenAI, court filings show, Seeking Alpha <a href="https://seekingalpha.com/news/4488208-elon-musk-openai-bid-meta-mark-zuckerberg">writes.</a>

Musk discussed $97 billion takeover of OpenAI with Zuckerberg - court documents

In mid-August, it became known that OpenAI CEO Sam Altman intends to <a href="https://www.ft.com/content/04484164-724e-4fc2-92a2-e2c13ea639bd">back</a> Merge Labs, a company that is developing a brain-computer interface - a class of technology that allows people to control computers using neural signals from the brain, i.e., actually by the power of thought. This further intensifies competition with his former partner and now rival Elon Musk, who launched a similar startup, Neuralink, in 2016. So far, the technology is being used with the noble goal of helping completely paralyzed people to communicate with the world around them again by controlling computer interfaces. However, both billionaires believe that in the long run, this technology will literally save humanity from extinction.

The great merger: why billionaires are getting in our heads

Novo Nordisk A/S

Morning in New York: foreign policy agenda remains in the center of attention of the markets

SoftBank Group Corp.

The market saw SoftBank's decision to invest $2 bln in Intel as a vote of confidence   

Intel shares soar on news of investment by owner Arm

Speculative capital is channeled into companies with only perceived potential, which can lead to the formation of localized overheating in the market, analysts said

The head of OpenAI warned of an AI bubble. Does Wall Street agree with him?

Alphabet Inc.

UnitedHealth Group Incorporated

Berkshire Hathaway Inc.

US and Russian Presidents Donald Trump and Vladimir Putin held talks on Ukraine in Alaska on Friday. On his way to Anchorage, Trump told reporters that duties on chip imports could reach 300%. Earlier in the week, USA stock markets rose to new records amid expectations of a Fed rate cut. Perplexity unexpectedly offered to buy Google's Chrome browser, and the US administration is exploring buying a stake in Intel. Sam Altman is preparing to launch a startup that will become a competitor of Elon Musk's Neuralink - the rivalry between them is intensifying. The main events of August 11-15 are in our review.

Open AI