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An AppFolio Insider Sold on a Preset Plan After Earnings. Here's What to Know

Key PointsThe transaction involved the sale of 661 shares at $200.49 per share, totaling about $133,000 on August 5.

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Fitch Rio de Janeiro AAA: City Hits Top National Rating

Fitch Ratings raised the city of Rio de Janeiro to AAA(bra), the top national-scale credit rating, citing stronger tax revenue and lower debt.

  • Fitch upgrades Rio de Janeiro to AAA(bra) rating on August 15, 2026
  • AAA(bra) rating signifies extremely strong capacity to meet financial commitments
  • Steady fiscal consolidation attributed to rating upgrade

Oil Majors Reap $93 Billion Windfall From the Iran War

Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe.

  • Oil majors earned $93 billion from Iran war, April-June
  • Strait of Hormuz closure drove oil prices to record highs
  • Windfall taxes debated to address consumer costs, climate concerns

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