NuScale Power $SMR has traded below its 200-day moving average since November, and UBS just cut it to a sell with a $6 price target 🚨 If you think more pain is coming and want magnified bearish exposure, consider the Tradr 2X Short SMR Daily ETF $SMZ from @TradrETFs

Apple Mac Flaw Lets Hackers Turn Devices Into Monero Miners Hackers exploited a flaw in Apple’s Screen Sharing feature to take control of internet reachable Macs. The attackers then installed Monero monero:native mining software on compromised devices, Dutch authorities said. The Netherlands’ NCSC reported attacks involving multiple Macs but did not disclose the number affected. Apple patched the vulnerability on Aug. 6 across supported macOS versions. Security firm, Huntress, said the flaw occurs before authentication, making password changes ineffective.

$UHR.SW TickerTrends believes the Swatch x Audemars Piguet “Royal Pop” launch could surpass the 2022 MoonSwatch collaboration. Unlike MoonSwatch, Royal Pop introduces a new audience into the Swatch ecosystem. Note:

Premarket movers: Mag 7 are mostly higher (Nvidia +0.7%, Amazon +0.7%, Meta +1.1%, Alphabet +0.5%, Tesla -0.2%, Microsoft +0.3%, Apple -0.06%) Adobe (ADBE) falls 4% after the company gave an outlook for sales that narrowly missed analysts’ estimates, adding fuel to concerns that artificial intelligence upstarts are hurting the software maker’s business. Copart (CPRT) rises 4% as the vehicle auction firm is set to acquire all outstanding shares of ACV Auctions for $10.50 per share in cash. ACV (ACVA) surges 44%. Kroger (KR) slips 2% after the company trimmed its annual sales guidance, a sign that fierce competition for grocery spending is weighing on the retailer. NuScale Power (SMR) falls 4% after UBS cut its recommendation on the small modular reactor company to sell, citing sees increased competition. Oracle (ORCL) gains 6% after the software company’s results featured better-than-expected cloud revenue amid strong AI demand.

When you buy $10,000 of the Dan Ives Wedbush AI Power & Infrastructure ETF $IVEP here's how much of each stock you're buying: $483 of Schneider Electric $SBGSY $436 of Constellation Energy $CEG $426 of Eaton $ETN $419 of Equinix $EQIX $418 of Siemens Energy $SMERY $407 of Williams Companies $WMB $404 of NextEra Energy $NEE $399 of Baker Hughes $BKR $390 of Southern $SO $389 of Johnson Controls International $JCI $384 of Digital Realty Trust $DLR $381 of Quanta Services $PWR $371 of Kinder Morgan $KMI $358 of GE Vernova $GEV $349 of Monolithic Power Systems $MPWR $349 of Vertiv Holdings $VRT $344 of Cameco $CCJ $317 of Southern Copper $SCCO $315 of Bloom Energy $BE $314 of Coherent $COHR $307 of Vistra $VST $278 of nVent Electric $NVT $277 of Celestica $CLS $273 of Hubbell $HUBB $238 of NRG Energy $NRG $218 of BWX Technologies $BWXT $202 of Talen Energy $TLN $194 of Ormat Technologies $ORA $178 of NuScale Power $SMR $163 of Willdan Group $WLDN Disclosure: Wedbush is a WOLF Financial partner. This post is for informational purposes only, not investment advice.

Chinese Premier Li Qiang met with King of the Hashemite Kingdom of Jordan Abdullah II ibn Al Hussein in Beijing. Next year marks the 50th anniversary of the establishment of diplomatic relations between #China# and #Jordan#. China stands ready to work with Jordan to carry forward the traditional friendship, enhance political mutual trust, firmly support each other on issues concerning each other’s core interests, continuously deepen mutually beneficial cooperation, and forge ahead together on the path to modernization. The situation in the #MiddleEast# has been turbulent recently. China is ready to work with Jordan and other relevant parties to make unremitting efforts to help de-escalate the situation in the Middle East and realize lasting peace and stability. 🔗