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Wells Fargo lifts S&P 500 index target on easing tariff tensions, tax boost
July 30 (Reuters) - Wells Fargo Investment Institute raised its year-end target range for the S&P 500 index .SPX on Wednesday, citing improved investor sentiment following easing trade tensions and corporate tax benefits from President Donald Trump's tax and spending bill. The brokerage see...Reuters
Wed, Jul 30
Sarepta Surges Over 14% as FDA Lifts Shipping Ban; Wall Street Anticipates Doubling in Stock Price
TradingKey - Sarepta Therapeutics (SRPT.US) announced on Monday, July 28, that it has resumed shipments of its gene therapy Elevidys in the U.S., following an authorization from the U.S. Food and Drug Administration (FDA). The company's stock spiked over 20% on Tuesday, closing up 14.21% at $15.83,
TradingKey
Wed, Jul 30
Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares
Visa maintains annual net revenue growth forecast CEO McInerney sees no meaningful impact from tariffs Payments volume rises 8% year-on-year By Pritam Biswas and Ateev Bhandari July 29 (Reuters) - Visa V.N beat Wall Street estimates for third-quarter profit and revenue on Tuesday, as the global p...Reuters
Wed, Jul 30
Q3 U.S. Stocks Rally May Be Overextended: Tariff Fatigue and Seasonal Risks Demand a Repricing
TradingKey - The “Golden July” for U.S. equities delivered as expected, with the S&P 500 and Nasdaq Composite hitting new highs. But as markets enter the historically uncertain month of August and approach the infamous “September Swoon,” analysts are warning: it’s time to reassess underpriced risks
TradingKey
Wed, Jul 30
Nissan takes a $535 million quarterly hit, as tariffs bite
By Daniel Leussink YOKOHAMA, Japan, July 30 (Reuters) - Embattled automaker Nissan 7201.T reported a $535-million quarterly loss on Wednesday, hit by U.S. tariffs, restructuring and lower sales volumes and said it would stop production at a plant in Mexico.Japan's third-largest automaker is i...Reuters
Wed, Jul 30
Starbucks Delivers Surprise Revenue and China Sales Gains: Is the Turnaround Here?
TradingKey - Starbucks reported fiscal Q3 2025 earnings, with a 3.8% revenue increase that exceeded expectations, and a crucial 2% rise in same-store sales in China—the first uptick since late 2023. This positive shift sent the company's stock climbing 4.6% in after-hours trading.
TradingKey
Wed, Jul 30
Hong Kong’s Stablecoin Regime Launches August 1 — But “Stablecoin Stocks” Aren’t Celebrating Yet
TradingKey - As the Hong Kong Stablecoin Bill officially takes effect on August 1, market excitement has fizzled. Despite the landmark regulatory milestone, stablecoin-related stocks have underperformed — reflecting concerns that the licensing rollout is moving slower than expected, and that the
TradingKey
Wed, Jul 30
Palo Alto Networks Eyes $20B CyberArk Deal — Cybersecurity Consolidation Wave Accelerates
TradingKey - Following reports that Palo Alto Networks (PANW) is in advanced talks to acquire CyberArk (CYBR) for over $20 billion, shares of CyberArk surged 17% intraday, closing up 13.47% — a new all-time high. The potential deal underscores a growing consolidation trend in the cybersecurity secto
TradingKey
Wed, Jul 30
US cancelled meeting with Taiwan as China trade talks loomed, FT reports
July 30 (Reuters) - The U.S. cancelled a meeting with Taiwan's defence minister in June, highlighting concern that President Donald Trump is wary of supporting the island in ways that could harm U.S. relations with China, the Financial Times reported on Wednesday.Taiwan's Wellington Koo had ...Reuters
Wed, Jul 30
South Korea-US trade talks also include chips, batteries and biotech, Seoul official says
SEOUL, July 30 (Reuters) - South Korea, which is holding trade negotiations with the United States, is focusing on areas that can lead to mutually beneficial agreements, the policy chief of South Korea's presidential office, Kim Yong-beom, said on Wednesday. In addition to shipbuilding, South Ko...Reuters
Wed, Jul 30
JGB investors bide time before Fed, BOJ policy decisions
By Kevin BucklandTOKYO, July 30 (Reuters) - Japanese government bond yields were mostly flat on Wednesday amid sluggish trading as investors girded for monetary policy decisions from the U.S. Federal Reserve and Bank of Japan over the next 24 hours.The 10-year JGB yield JP10YTN=JBTC was flat at 1.55Reuters
Wed, Jul 30
EXCLUSIVE-Tesla signs $4.3 billion LGES battery deal, source says, reducing China reliance
LGES to provide Tesla with LFP batteries for energy storage systems from US factory -sourceTesla has been looking to reduce reliance on Chinese suppliers due to US tariffsLGES says supply contract to last from August 2027 to July 2030By Heekyong Yang and Hyunjoo Jin SEOUL, July 30 (Reuters) - Sou...Reuters
Wed, Jul 30
Fed’s Biggest Split in 30 Years: Three Camps Battle Over Rate Cuts as Bond Bulls Lose Confidence in September Easing
TradingKey - The Federal Reserve’s July FOMC meeting concludes on July 30, with markets widely expecting no rate cut and a first rate cut in September. But deep internal divisions among Fed policymakers are making Treasury investors hesitant, prompting bond bulls to scale back bullish positionsTradingKey
Wed, Jul 30
Japan's Nikkei treads water as central bank meetings, tariff deadline loom
By Kevin Buckland TOKYO, July 30 (Reuters) - Japan's Nikkei share average ended morning trade flat on Wednesday after spending most of the session slightly lower, as investors braced for a three-day period that will see policy decisions from the Federal Reserve and Bank of Japan, followed by ...Reuters
Wed, Jul 30
Lilly set for strong quarter after Novo profit warning
By Patrick Wingrove and Bhanvi Satija July 29 (Reuters) - Investors and analysts say they expect Eli Lilly LLY.N to report stronger quarterly sales and profit next week than Danish rival Novo Nordisk NOVOb.CO did on Tuesday, and are anxiously awaiting a full-year outlook and updates on an experim
Reuters
Wed, Jul 30
