Strategy sold 1,690 Bitcoin last week, raising $108.6 million and allocating all of it to buying back its STRC preferred shares to help push the price back to the $100 par value. The company also raised another $653.1 million through other means, bringing its dollar reserves to $4.65 billion. Chief executive Michael Saylor said the preferred-share buyback is the firm’s top priority.

Jefferies downgraded Apple, saying the company is unlikely to proceed with an all-glass iPhone that had been expected to support higher iPhone pricing. The firm warned that soaring memory costs could push the iPhone 18 Fold’s starting price to $2,199, which it said could limit demand. Jefferies cut its iPhone average selling price CAGR forecast to 6.8% from 9.0% and reduced its 2028 and 2029 EPS estimates by 2.1% and 3.4%. It also noted Apple has already raised Mac and iPad prices by 20% but has not yet increased iPhone prices.

Markets are turning to the next inflation release for a clearer read on whether the AI-led rally can keep going. Traders now see a 56% chance the Federal Reserve holds rates steady in September. In the S&P 500, 86% of constituents have reported second-quarter results, and 86% of those beat expectations, with earnings averaging 29% above forecasts. JPMorgan lifted its S&P 500 year-end target to 8,000 on Monday, and Berkshire Hathaway bought back $4.5 billion of stock in the second quarter, the company’s biggest quarterly repurchase in nearly a decade.

Global gold ETFs posted net inflows of $3.04 billion in the week ended August 7, marking a third consecutive week of net additions, according to World Gold Council data. The US, China and the UK led gross inflows totaling $4.38 billion, while the US also accounted for the largest outflows of $1.33 billion. Net ETF investment stands at $13.69 billion year-to-date, while China and India have continued to contribute positive flows totaling about $11 billion. Gold rose more than 6% over the week, and analysts cited $3,950–4,000 as a support zone.

Copper is up more than 17% this year, but the rally cooled after accelerating in early August to a record $6.90 a pound before pulling back. The Democratic Republic of Congo has disclosed a June 29 order banning exports of copper and cobalt concentrate. Markets are also weighing expectations that the U.S. could delay or only partially implement copper import tariffs, a scenario seen keeping current stockpiling flows and a tight supply-demand backdrop in place and leaving prices trading within the existing range.

Audited accounts for fintech software group DTR show it recorded €5,315 in other income in 2025, with a net loss of €8,435,181 and year-end cash of €373,857 alongside negative working capital. Bakkt acquired DTR for 11.3 million shares and positioned it as stablecoin infrastructure, but the filings highlight how little revenue the core business has shown versus the company’s sweeping payments narrative. Separately, cryptonative agentic payments have seen millions of tiny x402 transactions, indicating growth in automated payments without triggering a sharp broader market move.

Palantir has been rated a Strong Buy, with remaining deal value of $13.1B, up 83% year over year. Revenue in Q2 2026 rose 93% year over year to $1.935B, while operating margin widened to 47% from 27% and net income margin reached 55%. Commercial bookings climbed 153% year over year, and a partnership with Rackspace is cited as easing delivery bottlenecks. Management raised full-year revenue guidance to $8.15B–$8.16B as the stock trades around $172 per share, down about 5.6% over the past year.

Strategy sold 1,690 bitcoin at an average price of $64,262, raising $108.6 million, and also sold 6.59 million shares of MSTR common stock for $653.1 million. The company used the bitcoin-sale proceeds to repurchase 1,152,020 shares of its variable-rate preferred stock, STRC, for $108.6 million. After the sales, Strategy’s bitcoin holdings fell to 840,447 BTC, acquired for $63.36 billion at an average price of $75,385. It directed $650 million of the common-stock proceeds to its USD reserve, which stood at $4.65 billion as of Aug. 9, while $3.1 million was added to cash.