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CitroTech Expands Partner Network to 20+ in Q2 2026, Hexion Joint Venture Advances Toward Commercialization
CitroTech Inc. (NYSE AM: CITR), a specialty chemical company developing fire inhibitor solutions, on August 11 announced Q2 2026 business progress in a letter to shareholders from CEO Wes Bolsen. The company's certified partner network expanded to more than 20 partners as of post-quarter end, up from 13 at Q2 close, reflecting growing demand from wildfire mitigation providers transitioning to environmentally safe fire retardants. The Hexion joint venture to develop fire-protected wood products i
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U.S. 10-Year Treasury Yield Falls 0.90bp to 4.693% After Pakistan Official Signals U.S.-Iran Deal Progress
According to Pakistan's Defense Minister Kawaja Asif, earlier today on August 11 (U.S. Eastern Time), negotiations between the U.S. and Iran appear to have made significant progress, bringing the two parties closer to a potential agreement. The statement prompted a swift reversal in oil markets, with crude prices declining after earlier gaining as much as 3.02% intraday. West Texas Intermediate (WTI) crude futures for September delivery fell 0.27% to $81.91 per barrel, while U.S. Treasury yields
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Ousted Pudgy Penguins Co-Founder Cole Villemain Launches 44,000 NFTs on Robinhood Chain, Raises $1.282M in Under an Hour on Aug 11
According to The Defiant, Cole Villemain, a co-founder of Pudgy Penguins ousted via community vote in 2022, launched 44,000 Spritehood NFTs on Robinhood Chain on Aug 11, generating approximately $1.282 million (684.28 ETH) and selling out in under an hour. According to on-chain analyst 0xlaplaced, the paid sale lasted approximately 53 minutes, with 37,430 NFTs priced at $17 each and 5,526 at $117, while an additional 1,488 NFTs were distributed for free prior to the paid sale. The Spritehood con
PENGU-3.17%
ETH0.03%
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Russian Crude Oil Shipments Hit Lowest Since May After Refinery Repairs
According to @JLeeEnergy, Russian crude oil shipments have declined to their lowest level since May as refineries complete maintenance and repair work. However, a new wave of drone attacks targeting Russian energy infrastructure could reverse the trend and impact crude production capacity in the coming weeks.
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EIA to Release Monthly Short-Term Energy Outlook in 10 Minutes
The EIA will release its Monthly Short-Term Energy Outlook (STEO) in 10 minutes.
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Tesla Hands Over First Customer Vehicles in Estonia Since April Entry
Tesla delivered its first customer vehicles in Estonia on August 11, marking the company's initial sales since officially entering the Baltic country in April.
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Hims & Hers Health Stock Falls on Tuesday After Mixed Q2 Results
Hims & Hers Health stock fell on Tuesday following the company's mixed second-quarter results released after market close on Monday.
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MoneyGram Expands Cash-to-Crypto Service to Solana Blockchain
MoneyGram announced today that it is expanding its cash-to-crypto service to Solana, connecting wallets, exchanges, and developers to its global cash network. The expansion follows MoneyGram's previous initiatives, including Stellar USDC integration and the launch of MGUSD stablecoin.
SOL-0.84%
XLM-1.26%
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Solana Breaks Below $75 to $74.99, Down 1.23% in 24 Hours
According to HTX, Solana broke below $75 to trade at $74.99 on August 11, down 1.23% in the past 24 hours.
SOL-0.84%
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iPhone Memory Costs Surge to 34% of BOM in Q3 2026; Samsung Galaxy Z8 Sets Pre-Order Record
According to industry reports, memory's share of iPhone Pro BOM costs jumped from approximately 10% a year ago to 34% in Q3 2026, with projections reaching 40% by H1 2027, marking a structural shift in component cost hierarchy away from processors and displays. Meanwhile, Samsung Galaxy Z8 pre-orders from July 28–August 4 reached 1.44 million units—Samsung's highest smartphone pre-order volume on record—with the Fold8 accounting for 70% of the total. Samsung has decided to increase Fold8 product
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CleanSpark Unveils First HPC Data Center Lease, Reports Q3 2026 Earnings
CleanSpark last week unveiled its first high-performance computing data center lease and reported fiscal third-quarter 2026 earnings.
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Ethereum Trader Huang Li-cheng Partially Liquidated on 25x Leverage, 730 ETH Closed, 2,920 ETH Remaining
According to ChainCatcher and Hyperbot data, Huang Li-cheng's (known as Maji Dage) 25x leveraged Ethereum long position was partially liquidated today following a sharp price dip. Approximately 730 ETH were closed in the liquidation. The trader currently maintains a position of 2,920 ETH with an unrealized loss of $101,000.
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Cardinal Health Beats Q4 EPS Estimates, Guides Fiscal 2027 Earnings Above Forecasts
Cardinal Health ($CAH) reported better-than-expected fourth-quarter earnings, driving its stock higher. The company beat Q4 EPS estimates and provided fiscal 2027 guidance above Wall Street consensus. CEO Jason Hollar noted that the company now exclusively serves nearly half of the cell-and-gene therapy market.
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Intel CEO Seeks U.S. Approval for Secondary Stock Offering on August 11
According to Semafor, Intel CEO Pat Gelsinger sought U.S. approval for a secondary stock offering on August 11. The Trump administration decided not to participate in the offering. However, U.S. Commerce Secretary Lutnick approved the company's secondary issuance plan.
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European Stocks Close Mixed on August 11; DAX30 Up 0.17%, Stoxx 50 Gains 0.25%
On August 11 (Tuesday), European stock indexes closed with mixed movements. Germany's DAX30 rose 44.25 points to close at 26,399.32, up 0.17%. The pan-European Stoxx 50 gained 0.25% to 6,551.85. Spain's IBEX35 advanced 0.15% to 20,213.89, while Italy's FTSE MIB climbed 0.13% to 53,731.00. The UK's FTSE 100 fell 0.16% to 10,844.60, and France's CAC40 declined 0.13% to 8,714.94.
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Kazakhstan Launches Three-Year Tax Incentive for Crypto Asset Holders to Register Holdings
According to Euronews, Kazakhstan introduced tax incentive measures to encourage individual crypto asset holders to register and transfer their holdings to licensed domestic platforms. Eligible personal digital asset trading income qualifies for a three-year tax break, provided transactions do not involve fraud, money laundering, or unlicensed crypto services. The country has approximately 1 million active crypto wallets and roughly 26 authorized trading platforms as of March.
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MSCI Nordic Index Falls 0.1% to 398.18, Pandora Drops 2.1%
The MSCI Nordic Index fell 0.1% to 398.18 points on August 11. Among the ten sectors, the financials sector posted the largest decline. Pandora shares declined 2.1%, marking the worst performance among Nordic stocks covered.
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BWET Hits All-Time High as Crude Oil Transport Costs Surge
BWET, an index tracking crude oil transportation costs, reached new all-time highs on August 11. The benchmark is widely regarded as an indicator of market expectations regarding geopolitical developments affecting shipping routes and energy logistics in the Middle East region.
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TSMC's 5.5x Reticle CoWoS Enters Mass Production With 99% Yields; 14x Expansion Planned by 2029
According to TSMC VP He Jun on August 11, the company's 5.5x reticle CoWoS (Chip-on-Wafer-on-Substrate) has entered mass production, with yields exceeding 98% across multiple AI customers and reaching 99% for some. TSMC plans to expand CoWoS to a 14x reticle size by 2029, maintaining its annual roadmap for advanced packaging technology advancements. The company currently operates ten advanced packaging facilities to meet surging AI demand.
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BofA Downgrades Broadcom Credit Rating to Neutral Over Debt Concerns
Bank of America downgraded Broadcom's credit rating to neutral on August 11, citing mounting debt risks related to the XPV platform. Broadcom's corporate bond spreads currently trade 30 to 45 basis points wider than peers, with BofA assessing that much of the risk is already priced in. Despite fundamental strength and leverage ratios expected to remain investment-grade even under stress scenarios, the bank cited limited upside for bond spreads given ongoing XPV expansion and uncertainty around c
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