AGP Executive Report
Last update: 9 hours agoAI Compute Earnings: CoreWeave shares jumped in extended trading after a Q2 beat, with revenue up 112% to $2.58B and a narrowed adjusted loss, while backlog topped $104B and guidance was raised—fueling a broader AI data-center optimism. AI Infrastructure Spending: CoreWeave also lifted its 2026 capex outlook to $35B–$39B, underscoring how “neocloud” demand is driving major compute buildouts. Macro Outlook—New Zealand: S&P Global upgraded its NZ growth momentum view, keeping 2028–2029 growth at 2.4% and expecting inflation to drift back toward the Reserve Bank’s 1–3% comfort zone, with the cash rate seen peaking around 3%. Housing Pressure—Australia: CBA posted record cash earnings but warned mortgage demand has cooled sharply since May tax changes, with new applications down and investor demand weaker. Housing Pressure—US: Existing home sales fell again in July as higher mortgage rates and tight supply kept inventories low, with the 30-year fixed rate rising to 6.69%. Geopolitics & Commodities: Ukraine cut its 2026/27 grain export forecast by up to 12% after Odesa port attacks, while oil and rates stayed sensitive to Middle East headlines. Energy & Markets: RBA held rates at 4.35% but left the door open to more hikes, keeping property and borrowing in focus. Corporate/Legal: TWO (Two Harbors) hit back at a lawsuit from UWMC tied to its MSR-focused REIT deal process.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
![[Latest] Global Microbial Biostimulants Market Size/Share Worth USD 13.88 Billion by 2034 at a 10.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)](https://2c717466dc25cd7041c9-8eeda6a8ca964cf210ed223dbc947813.ssl.cf2.rackcdn.com/27456144-933561959-microbial-biostimulants-market-size-2025-to-2034-200x106.jpeg)
