
Hyperscaler Capex Surge Signals Second-Half Acceleration
The five largest cloud providers collectively spent $210 billion in Q2 2026 and raised guidance to nearly $900 billion for the year.
Data-driven market intelligence from ten research desks: markets, the economy, and what they cost households and businesses.

The five largest cloud providers collectively spent $210 billion in Q2 2026 and raised guidance to nearly $900 billion for the year.

Container shipping rates fell for the fifteenth consecutive week while oil tanker freight hit record highs on geopolitical risks in the Strait of Hormuz.

Initial claims held near 206,000 while JOLTS hiring fell to a six-month low, signaling firms are neither expanding nor cutting.

The federal funds rate at 3.63 percent in August 2026 means credit card APRs around 21 percent, 30-year mortgages near 6.8 percent and auto loans at roughly 7.5 percent, with tangible monthly payment implications across debt types.

The national average for regular gasoline reached $4.329 per gallon on September 15, 2026, up 13 cents from the previous week and $1.15 from a year ago.

HBM spot prices are now four to five times above long-term contract levels as AI infrastructure demand crowds out consumer memory markets.

August advance retail sales rose 1.2% m/m, beating a 0.8% consensus, with the control group up 1.2%. Sarah Chen on what it means ahead of the FOMC decision.

Kalshi Fed markets show 49% probability of rates above 4% by January 2027, while CPI contracts price just 17% chance of a 0.6% monthly print in September.

Gold holds $4,330 into the FOMC as Kalshi prices a 62% hike and CME FedWatch 92.5%. A record central-bank bid collides with the first hike since 2023.

Energy leads the sector split XLE +2.17% while the 10-year hits 5%, its highest since 2023, into the September FOMC.

August headline CPI held at 3.4% on a gasoline-driven +0.4% monthly jump as core cooled to 2.4% y/y, the mix tilting the Fed hawkish into today's decision.

This article, published at 09:48 UTC on Wednesday, September 16, 2026, reported the Federal Reserve's rate hike as having already happened. The FOMC decision was announced at 18:00 UTC that day, more than eight hours later. The Senate vote on the Clarity Act and the bitcoin low near $74,900 that the article placed on Wednesday took place on Tuesday, September 15. The account of Wednesday's session was not based on events that had occurred, and we have withdrawn it.