Financial News on August 16, 2026

13. The U.S. Court of Appeals ruled to remand for retrial the case involving DJI’s inclusion on the U.S. Department of Defense’s blacklist, finding flaws in the legal basis of the original judgment. DJI had previously been placed on the Pentagon’s blacklist; the company has consistently denied the related allegations. 14. NVIDIA, together with six major asset management firms—BlackRock, Blackstone, Apollo, Brookfield, Goldman Sachs, and KKR—has established an independent AI computing-power financing platform. The platform offers residual-value guarantees of up to 25% for computing-power projects and aims to mobilize $500 billion in third-party capital over the long term, providing financing support for customers purchasing AI chips and building data centers. 15. International spot copper prices remain near a historic high of approximately $14,000 per ton. Tight global copper mine supply and surging demand from new-energy sectors continue to underpin copper prices; LME three-month copper futures rose this week amid volatility. 16. Silver Lake is negotiating to acquire enterprise software company Workday at an estimated valuation of around $43 billion. If completed, the deal would rank among the largest private equity acquisitions in the technology sector this year. 17. Broadcom’s AI XPV Platform was officially launched in June this year, jointly established by Broadcom, Apollo, and Blackstone. Its initial capital program totals $35 billion, targeting over 20 GW of AI computing capacity by 2028. Its first transaction primarily serves Anthropic’s expansion plan exceeding 1 GW of computing power. 18. High-Bandwidth Flash (HBF) architecture has emerged as a new mainstream solution for AI inference: its read bandwidth approaches 8–16 times that of HBM, while its cost is significantly lower. Major memory players—including SanDisk—are accelerating mass production of HBF products. The enterprise data-center flash-memory market is projected to expand to 1.2 ZB by 2030. 19. On August 14, the memory sector rallied collectively against broader market trends: Kioxia ADR rose; Western Digital gained 7.31%; SK Hynix rose 7.29%; and SanDisk climbed 7.39%. All four global memory giants posted strong gains on the same day—reflecting broad market consensus on the upward revaluation of memory demand driven by AI. 20. Applied Materials’ stock declined on August 14 following its after-market release of Q3 FY2026 financial results on August 13. Revenue for Q3 totaled $9.115 billion, up 24.8% year-on-year; adjusted EPS stood at $3.50. The company guided Q4 revenue between $9.75 billion and $10.75 billion—exceeding expectations—but investors took profits. 21. U.S. Producer Price Index (PPI) for July remained flat overall, yet core PPI inflation surged markedly. Markets now await the release of the Federal Reserve’s meeting minutes to gauge the future path of interest rates. 22. Japanese Prime Minister Sanae Takagi is reportedly supportive of further rate hikes by the Bank of Japan. Japanese government bond yields edged higher, and markets anticipate the BOJ may raise rates by 25 basis points at its September policy meeting. 23. The International Energy Agency (IEA) released its monthly oil market report, raising its forecast for global oil demand growth in 2026—driven mainly by increased jet fuel and petrochemical feedstock demand—while lowering its projection for non-OPEC supply growth. The global oil market now faces an estimated supply deficit of approximately 1.8 million barrels per day.

Earnings Calendar—U.S. Third-Quarter Earnings Season Begins

By Yingqianbao U.S. Q3 Earnings Calendar Wednesday: BlackRock, Delta Air Lines Thursday: JPMorgan Chase, Citigroup Friday: Bank of America, Wells Fargo Next Monday: Netflix, Interactive Brokers Next Tuesday: Johnson & Johnson, Goldman Sachs, Morgan Stanley, IBM Next Wednesday: Abbott Laboratories, Bank of America, American Airlines Next Thursday: PayPal, Blackstone, TSMC, Verizon, Unilever Next Friday: Procter & Gamble, General Electric, Ericsson Earnings Details Wednesday Thursday Friday Next Monday Next Tuesday Next Wednesday Next Thursday Next Friday Yingqian Securities Yingqian Securities’ management team possesses extensive experience in international financial markets. Key members of its financial team and advisors hail from renowned institutions including Goldman Sachs, Morgan Stanley, Songhe Capital, and Orient Fortune Financial Group. Its technology team comprises professionals formerly employed by Baidu, Alibaba, Tencent (BAT), Amazon, and Thomson Reuters, specializing in financial trading system development.

Oil-Dri Corporation of America Releases Q3 2026 Financial Results

Jun 9, 2026

Oil-Dri Corporation reported Q3 2026 financial results with revenue rising 9% to $126.3 million and diluted EPS increasing 25% to $1.00, driven by retail segments and proprietary mineral-based technology.

AlphaStreet

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Oil Dri declares $0.205 dividend

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Oil-Dri Q1 Earnings Decline Year-Over-Year Amid Tough Comparison Pressures

2026-04-03

Oil-Dri Updates Deferred Compensation Plan and Restricted Stock Agreements

2026-04-03

Oil-Dri Corporation of America Insiders Dispose Stock Amid Bearish Signals

2026-04-04

Oil-Dri Corporation Share Price Crosses Above 200-Day Moving Average