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Weight-Loss Wonder Drug Luster Fades? Novo Nordisk Plunges 30% in Worst Week
TradingKey - Global obesity treatment leader Novo Nordisk is experiencing what may be the most severe week of stock decline in its history, with shares plummeting over 30% this week and wiping out more than $80 billion in market value. The Danish pharmaceutical giant has fallen out of Europe's top..
TradingKey
Fri, Aug 1
Stocks, Bonds, and the Dollar All Fall — U.S. Jobs Report Disappoints: Is a September Rate Cut Now Certain?
TradingKey - The U.S. July jobs report came in far weaker than expected, compounded by disappointing guidance from tech giant Amazon, sending U.S. stocks sharply lower on Friday. Investor bets on a Federal Reserve rate cut surged, with the probability of a September cut jumping to 80.5%TradingKey
Fri, Aug 1
Amazon Falls 7% on AWS Growth Concerns, But Analysts Remain Upbeat
TradingKey - In post-market trading on Thursday, Amazon (AMZN.US) reported second-quarter revenue and profit that exceeded expectations. However, Amazon Web Services (AWS) revenue only slightly surpassed forecasts, and mixed third-quarter guidance led to a 7% drop in its shares after hours.
TradingKey
Fri, Aug 1
Reddit Earnings Explode on AI Advertising Boom — Profit Doubles Forecast, Stock Jumps 15%
TradingKey - Fueled by artificial intelligence in advertising, community-driven social platform Reddit (RDDT) delivered a blockbuster second-quarter performance, reporting record profits and strong forward guidance that far exceeded expectations.
TradingKey
Fri, Aug 1
Google’s Android Monopoly Cracks as Court Upholds Epic Ruling, Opening Google Play to Competition
TradingKey - On Thursday, July 31, the U.S. Ninth Circuit Court of Appeals rejected Google’s appeal in the Epic Games antitrust case, upholding the lower court’s 2023 ruling that Google illegally maintained a monopoly over app distribution and payment systems on the Android platform.
TradingKey
Fri, Aug 1
South Korea’s KOSPI Tumbles Nearly 4% as Tax Hike Plans and US Tariffs Loom
TradingKey - South Korea's KOSPI index dropped over 3% at Friday's opening, marking the biggest decline since early April. This fall is attributed to the South Korean government unveiling a tax reform proposal on Thursday to increase corporate tax rates and securities transaction taxes, compounded bTradingKey
Fri, Aug 1
Memory Chip Landscape Reshuffled — NVIDIA Lifts SK Hynix to No. 1, Samsung is Fighting Back
TradingKey - In the second quarter of 2025, the global memory chip market saw a historic shift: SK Hynix surpassed Samsung in quarterly memory revenue for the first time, driven by surging demand from its key AI client, NVIDIA, for high-bandwidth memory (HBM). However, the competitive dynamics
TradingKey
Fri, Aug 1
Coinbase Misses on Revenue and Profit — Pivots Toward “Universal Exchange” Strategy
On Thursday, July 31 (ET), U.S.-based crypto giant Coinbase (NASDAQ: COIN) reported disappointing Q2 earnings, sending its stock down 9.23% in after-hours trading to $342.91, touching its July 2 low.
TradingKey
Fri, Aug 1
Figma Soars 250% on IPO Day — Early VCs Reap 70x Returns as Adobe Regrets Missed Deal
TradingKey - Figma (FIG), the leading collaborative design platform, made a spectacular debut on the New York Stock Exchange on Thursday, July 31, with its stock surging more than 250% on its first trading day. The strong performance turned early venture capital investments into massive gains, with
Apple’s AI Makeover Begins: With Solid Earnings, Cook Eyes Big Moves — Including a Perplexity Deal?
TradingKey - Apple's CEO Tim Cook signals a strategic shift in the earnings call, stating that the company is significantly increasing investment in artificial intelligence and is open to acquiring external companies to accelerate its AI development, raising the possibility that Apple may
TradingKey
Fri, Aug 1
China pauses US-bound corporate investment amid escalating trade tensions - Nikkei
During trade talks between the world's two biggest economies, China has halted outbound investments for firms seeking to establish or expand operations in the United States (US), Nikkei Asia reported on Friday.Fxstreet
Fri, Aug 1
USD/CHF climbs to near 0.8150 as Trump hits Switzerland with 39% tariff rate
The USD/CHF pair gathers strength to near 0.8145 during the early Asian session on Friday. The Swiss Franc (CHF) weakens against the US Dollar (USD) after the US President Donald Trump set a 39% tariff on goods from Switzerland.
Fxstreet
Fri, Aug 1
S&P 500 briefly crossed 6,400 for the first time ever before closing down 0.4%
The S&P 500 climbed over 6,400 for the first time on Thursday, setting a new record before rolling back as the day ended. This was the third time in a week the benchmark crossed into all-time high territory, powered early on by strong tech earnings that couldn’t hold the broader market together.Cryptopolitan
Thu, Jul 31
Amazon’s Q2 Earnings Beat Expectations — So Why Did Shares Drop Over 4% After Hours?
TradingKey - Amazon (AMZN) released its fiscal second-quarter 2025 earnings report, delivering strong results across key metrics — showcasing solid fundamentals and accelerating progress in its AI transformation. Despite the beat, the stock fell more than 4% in after-hours trading.TradingKey
Thu, Jul 31
USD/JPY surges to four-month high as BoJ maintains dovish stance
The Japanese Yen (JPY) weakens for the sixth consecutive day against the US Dollar with the USD/JPY pair surging to its highest level in over four months after the Bank of Japan (BoJ) kept its short-term interest rate steady at 0.50% for a fourth consecutive meeting, as widely expected
Fxstreet
Thu, Jul 31
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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
