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Are Stablecoins Cash or Just Hype? SEC Issues Interim Accounting Guidance
On August 5, the U.S. Securities and Exchange Commission (SEC) released interim accounting guidance that allows qualifying USD-pegged stablecoins to be treated as cash equivalents on corporate balance sheets.
TradingKey
Tue, Aug 5
BP Beats Q2 Expectations as CEO Highlights Major Oil Exploration Success
TradingKey – British Petroleum (BP) reported second-quarter 2025 results on Tuesday, delivering robust performance despite lower oil prices compared to the prior period. During the quarter, BP’s underlying replacement cost profit reached $2.4 billion, significantly exceeding the $1.81 billion...
TradingKey
Tue, Aug 5
Billionaire Buys Over 5,000 Yuga Labs NFTs — Value Play or Catching a Falling Knife?
U.S. billionaire Adam Weitsman has made headlines with his acquisition of more than 5,000 NFTs from Yuga Labs, including Otherdeeds, Mega Kodas, and Weapon Kodas, in what he describes as a long-term investment in the Otherside metaverse.
TradingKey
Tue, Aug 5
“King of Knockoff Weight-Loss Drugs” Still Struggling — Hims & Hers Misses Revenue, Stock Drops 12% After Hours
TradingKey - Despite a 73% year-on-year revenue increase in Q2 2025 that highlights the growth potential of the digital health sector, Hims & Hers (HIMS), a high-profile player in the AI-driven telehealth space, continues to face mounting legal and operational challenges. The negative impact on its
TradingKey
Tue, Aug 5
ISM Services PMI Preview: US services sector expected to expand in July
On Tuesday, the Institute for Supply Management (ISM) will unveil its July Services PMI, and analysts expect it to edge up to 51.5 from June’s 50.8. That would mark a second straight month of growth in the services sector — a sign of its resilience and a boost to confidence in the wider US economy.
Fxstreet
Tue, Aug 5
2 Soaring Growth Stocks That Could Climb Another 15% to 20%, According to Wall Street Analysts
Key PointsO'Reilly Automotive and Genius Sports are two high-flying stocks that bucked the trend when the overall market tumbled recently.Wall Street analysts expect further gains from O'Reilly Automotive in the year ahead.Genius Sports shares are way up this year, but an analyst's price target suggThe Motley Fool
Tue, Aug 5
Hims Shares Drop After Quarterly Sales Miss Wall Street’s Estimates
Hims & Hers Health Inc.’s shares dropped in premarket trading on Tuesday after the telehealth company missed second-quarter revenue estimates.The San Francisco-based company recorded sales of $545 million for the three months ended June 30, according to a statementTiger News
Tue, Aug 5
August and September Are Here — Wall Street’s Worst Months. But Buy the Dip, Say Strategists
TradingKey - After a record-breaking July, Wall Street is sounding the alarm: August and September are coming — historically the two weakest months for U.S. stocks. But despite the seasonal headwinds, major banks still advise investors to stay the course and buy the dip, citing strong AI momentum
TradingKey
Tue, Aug 5
Berkshire’s Q2 Profit Halved, Stock Dropped 10% — Was Buffett Wrong?
TradingKey - After reporting a more than 50% decline in second-quarter net profit and continuing to be a net seller of stocks, Berkshire Hathaway (BRK.A), led by legendary investor Warren Buffett, fell sharply — down 3.6% intraday and closing at its worst level since February.
TradingKey
Tue, Aug 5
From 250% Pop to 27% Crash: Figma's IPO Fever Fizzles in Just Three Trading Sessions
TradingKey - Last week’s breakout star in the design software space, Figma, saw a sharp reversal on Monday as its shares tumbled 27.38% to close at $88.60, giving back much of its spectacular post-IPO gains.TradingKey
Tue, Aug 5
Palantir Q2 Earnings: “Astonishing” AI Impact Drives Record Revenue — Is Its Sky-High Valuation Justified?
TradingKey - Palantir (PLTR), the AI and defense software powerhouse, delivered a standout second-quarter performance on Monday, August 4, reporting its first-ever $1 billion revenue quarter. Driven by what CEO Alex Karp called the “astonishing impact” of artificial intelligence, the company raised
TradingKey
Tue, Aug 5
Tesla Approves $29 Billion Stock Award for CEO Elon Musk, Shares Climb 2.4% Pre-Market
Tesla has approved the granting of 96 million shares to Elon Musk, valued at approximately $29 billion based on last Friday’s closing price of $302.63 per share. Tesla shares rose 2.4% in pre-market trading.
TradingKey
Mon, Aug 4
U.S. "Reciprocal Tariffs" Take Effect, Disney and AMD Set to Release Earnings Reports, Bank of England Poised to Cut Interest Rates【The week ahead】
TradingKey - Last week, all three major U.S. equity indexes posted losses, with the S&P 500 falling 2.4%, its worst weekly performance since May 23.
TradingKey
Mon, Aug 4
Citi Flips from Bear to Bull on Gold? New Upside Seen as Record Highs Come Into View!
TradingKey - Following recent U.S. economic data releases and the unexpected escalation in tariff rates, Citigroup has made a dramatic shift in its gold outlook — turning from a long-time bear to a bullish stance.
TradingKey
Mon, Aug 4
Swiss Stocks Erase Year's Gains in a Day After Trump's 39% Tariff Shock
TradingKey - The Swiss stock market faced a decline on Monday as investors reacted strongly to U.S. President Donald Trump's announcement over the weekend of a 39% tariff on Switzerland. The market index hit a low of 11,665 points during the day, almost erasing this year's gains.TradingKey
Mon, Aug 4
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Top News
SpaceX Stock Price Forecast: SpaceX Short Bets Surge, Musk Warns Short Sellers May Pay the Price, Can the Stock Price See a Reversal?
Google Q2 Cloud Revenue Surges 82%: Net Profit Soars 298% YoY, 26% QoQ Capital Expenditure Growth Sparks Sharp Bull-Bear Divide
Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?
Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target
Micron (MU) Bounces to $969 - Morgan Stanley and BofA Both Say Buy the Dip
