News
Important Only
Has Novo Nordisk Hit Bottom? 50% Price Cut and MASH Exclusivity Spark Growth Momentum
TradingKey - Amid competition from Eli Lilly and generic drugmakers, obesity drug leader Novo Nordisk (NVO) has seen its stock nearly halved year-to-date. After reporting a below-expected Q2 earnings, Novo Nordisk’s shares appear to be recovering from a bottom, driven by a 50% price reduction for
TradingKey
Tue, Aug 19
Over 100,000 Traders Liquidated — Crypto Fear & Greed Index Drops to 53, Bitcoin Rebound May Be Near
On Tuesday, August 19, Bitcoin (BTC) continued its downward slide, falling nearly 1% and briefly dipping below $115,000, marking a three-week low. Ethereum (ETH) also dropped more than 2%, trading near $4,200, its lowest level in a week.
BREAKINGVIEWS-SoftBank throws Intel its next-best lifeline
By Robyn Mak HONG KONG, Aug 19 (Reuters Breakingviews) - Finally, some good news for Intel's INTC.O beleaguered new boss. Since taking over the struggling chipmaker in March, Lip-Bu Tan has faced U.S. President Donald Trump's demands to step down, a credit-rating downgrade, deteriorating ...Reuters
Tue, Aug 19
Home Depot Set to Deliver Another Solid Quarter — U.S. Sales Poised for Third Straight Gain Amid Tariff and Rate Resilience
TradingKey - U.S. home improvement giant Home Depot (HD) will release its Q2 2025 earnings before the market opens on August 19. Analysts expect Home Depot to maintain its advantage in navigating tariff and interest rate challenges, with the company likely delivering another quarter of modest growth
TradingKey
Tue, Aug 19
JGBs fall after weaker-than-expected 20-year bond auction
By Junko FujitaTOKYO, Aug 19 (Reuters) - Japanese government bonds fell on Tuesday after a 20-year bond auction drew weaker-than-expected demand.The 20-year JGB yield JP20YTN=JBTC rose 2 basis points (bps) to 2.595%. The 10-year JGB yield JP10YTN=JBTC rose 2.5 bps to 1.595%, its highest since July 2Reuters
Tue, Aug 19
WRAPUP 11-US would help assure Ukraine's security in a peace deal, Trump tells Zelenskiy
Trump says U.S. would help Europe provide security for Ukraine Zelenskiy welcomes 'strong signal' from TrumpEuropean leaders push for ceasefire ahead of any peace dealBy Andrea Shalal and Max Hunder WASHINGTON, Aug 18 (Reuters) - U.S. President Donald Trump told President Volodymyr Zelens...Reuters
Tue, Aug 19
Iron Ore & Coal Price Collapse Crushes Miners: BHP Profit Plunges 26%
TradingKey - Global mining giant BHP (BHP.US) reported full-year earnings showing annual profits declined 26% year-on-year to a five-year low, driven by sustained pressure from falling iron ore and metallurgical coal prices alongside weak demand.
TradingKey
Tue, Aug 19
SEC Delays Approval of Truth Social and Other ETFs — “Altcoin Season” Pushed to October
TradingKey - On August 18, the U.S. Securities and Exchange Commission (SEC) announced it is delaying decisions on several cryptocurrency ETF applications. With the SEC now pushing ETF decisions to around October, the next wave of altcoin momentum could re-emerge in late autumn.
Japan's Nikkei slips from record high as investors weigh Wall Street lull
TOKYO, Aug 19 (Reuters) - Japan's Nikkei share average slipped from a record high to trade flat on Tuesday, as investors weighed Wall Street's muted overnight finish, raising concerns that markets have advanced too far, too fast.Reuters
Tue, Aug 19
Shein weighs China relocation to ease path for Hong Kong IPO, Bloomberg News reports
Aug 19 (Reuters) - Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities' approval for its planned Hong Kong IPO, Bloomberg News reported on Tuesday, citing sources.Reuters
Tue, Aug 19
Why Is Intel Falling Despite Government Support? The ‘Grant-for-Equity’ Model Backfires
TradingKey - Investor enthusiasm quickly faded after reports emerged that the U.S. government is considering converting grants from the CHIPS and Science Act into a 10% equity stake in Intel — a move that has raised skepticism and concerns.
TradingKey
Tue, Aug 19
Asia shares dip before Fed gathering; European futures up on Ukraine summit hopes
TOKYO, Aug 19 (Reuters) - Stocks in Asia and oil prices edged lower on Tuesday before a key meeting of central bankers and as traders evaluated promising diplomatic signals toward ending hostilities between Russia and Ukraine.Reuters
Tue, Aug 19
China buys first Australian canola cargo since 2020, traders say
SINGAPORE/BEIJING, Aug 18 (Reuters) - Chinese state-run trading firm COFCO has booked a cargo of about 50,000 metric tons of new-crop Australian canola, two traders told Reuters, just days after Beijing imposed temporary levies on top supplier Canada.Reuters
Tue, Aug 19
Wall Street ends on muted note ahead of Jackson Hole summit, retailers' earnings
Aug 18 (Reuters) - Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve's annual symposium in Jackson Hole.Reuters
Tue, Aug 19
Palo Alto's forecasts signal AI boost for cybersecurity tools, shares rise
Aug 18 (Reuters) - Palo Alto Networks PANW.O forecast fiscal 2026 revenue and profit above analysts' estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading.
Reuters
Tue, Aug 19
Arm hires Amazon AI exec to boost plans to build its own chips
SAN FRANCISCO, Aug 18 (Reuters) - Arm Holdings ARM.O has hired Amazon.com AMZN.O artificial intelligence chip director Rami Sinno to bolster its plans to develop its own complete chips, a person familiar with the matter said on Monday.Reuters
Tue, Aug 19
Zelenskiy says security guarantees for Ukraine to be worked out within 10 days
KYIV, Aug 19 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday after his meeting with U.S. President Donald Trump and European leaders that security guarantees for Kyiv will likely be worked out within 10 days.Reuters
Tue, Aug 19
Oil prices settle higher as investors focus on Trump-Zelenskiy meeting
Zelenskiy and European leaders meet with TrumpUS adviser says if India wants to be a US strategic partner, it has to act like oneDrone attacks disrupt Russian crude flows to Hungary and Slovakia through the Druzhba pipelineBy Nicole Jao NEW YORK, Aug 18 (Reuters) - Oil prices settled 1% higher on...Reuters
Mon, Aug 18
Palantir Stock Falls Another 2%. Shares Have Retreated About 10% From Its High
Palantir stock fell another 2% on Monday. Shares have retreated about 10% from its high.Citron Research founder and famed short seller Andrew Left is now targeting the same group of investors by shorting Palantir Technologies, a popular retail darling.
Tiger News
Mon, Aug 18
