News
Important Only
Oil prices rally on US pressure on Russia, trade deal optimism
Brent, WTI hit highest since June 20US to start impose tariffs and other measures on Russia ten days from today, Trump saysChina could face high tariffs if Beijing continued its Russian oil purchasesUS crude stockpiles rose by 1.54 million barrels last week - APIBy Nicole Jao NEW YORK, July 29 (R
Reuters
Wed, Jul 30
Boeing's quarterly loss shrinks as jet deliveries rebound, but shares drop
Boeing ramps up 737 MAX production, stabilizing operationsBoeing says FAA will not certify 737 MAX 7 and 10 models until 2026Boeing faces supply chain disruptions, tariff pressuresBy Dan Catchpole and Shivansh Tiwary July 29 (Reuters) - Boeing's BA.N quarterly loss more than halved and was mu...
Reuters
Wed, Jul 30
Starbucks Beats Sales Estimates, But Comparable Sales Slide Extends to Record 6 Quarters
TradingKey - On July 29 (local time), Starbucks released its Q3 2025 fiscal earnings report. Despite actively implementing strategic adjustments to return to profitability, global comparable store sales continued to decline for the sixth consecutive quarter.
TradingKey
Tue, Jul 29
Gold ticks up with all eyes on US-China talks, Fed meeting
Fed likely to leave rates unchanged on WednesdayBullion hit its lowest level in nearly three weeks on MondayBy Sherin Elizabeth Varghese July 29 (Reuters) - Gold prices edged higher on Tuesday as investors awaited the outcome of U.S.-China trade talks and the Federal Reserve's policy meeting....Reuters
Tue, Jul 29
Britain warns Israel it will recognise Palestinian state as Gaza starvation spreads
UNITED NATIONS/LONDON, July 29 (Reuters) - Britain said on Tuesday it would recognise a Palestinian state unless Israel takes steps to relieve suffering in Gaza, where starvation is spreading, and reaches a ceasefire in the nearly two-year war with Hamas.Reuters
Tue, Jul 29
Wall Street returns to work after Manhattan shooting that killed Blackstone executive
NEW YORK, July 29 (Reuters) - Bankers and traders returned to work on a somber Tuesday morning in Midtown Manhattan, New York's financial epicenter, one day after a shooting that killed four people, including a senior Blackstone BX.N executive.Reuters
Tue, Jul 29
Canadian Dollar continues to slide ahead of Fed rate call
The Canadian Dollar (CAD) extended into a fourth straight day of losses against the US Dollar (USD) on Tuesday, continuing a Greenback-positive theme in the run-up to the latest interest rate call from the Federal Reserve (Fed).
Fxstreet
Tue, Jul 29
US goods trade deficit shrinks in likely boost to second-quarter GDP
WASHINGTON, July 29 (Reuters) - The U.S. trade deficit in goods narrowed to the lowest level in nearly two years in June as imports fell sharply, cementing economists' expectations that trade likely accounted for much of an anticipated rebound in economic growth in the second quarter.Reuters
Tue, Jul 29
Medical Costs Spiral Out of Control, UnitedHealth’s Q2 Earnings Deal Another Blow to Market Confidence
TradingKey - UnitedHealth Group (UNH) reported its second-quarter results (April–June) on Tuesday, July 29, delivering a disappointing earnings performance as soaring medical costs once again outpaced pricing assumptions
TradingKey
Tue, Jul 29
Royal Caribbean lifts annual profit forecast on steady cruise demand
By Anuja Bharat Mistry July 29 (Reuters) - Royal Caribbean RCL.N raised its annual profit forecast on Tuesday, banking on resilient demand for its luxury destinations, even as the cruise operator faces pressure from higher fuel costs.The company also forecast current-quarter profit below estimate...Reuters
Tue, Jul 29
Spotify Crashes 11%: Soaring Payroll Taxes Trigger Profit Warning
TradingKey - On July 29, streaming giant Spotify(SPOT) projected lower-than-expected quarterly profits due to elevated payroll tax burdens linked to employee compensation, triggering an immediate over 11% intraday plunge in its share price at market open.
TradingKey
Tue, Jul 29
U.S. Job Openings Dip in June — Labor Market Shows Signs of Moderate Cooling
TradingKey - U.S. job openings declined in June after two consecutive months of increases, signaling a gradual cooldown in the labor market. According to the JOLTS report released Tuesday by the U.S. Bureau of Labor Statistics, the number of open jobs fell to 7.44 million in JuneTradingKey
Tue, Jul 29
$1 Billion Buyback Fails to Stem the Tide — Ethereum-Linked Stocks Crash, BMNR Plunges Over 10%
TradingKey - On July 29, U.S.-listed crypto reserve company Bitmine Immersion (BMNR.US) disclosed its latest holdings: 192 bitcoins and approximately 625,000 ether (ETH), reflecting a significant increase of 58,224 ETH from prior levels.
TradingKey
Tue, Jul 29
Spotify forecasts profit below estimate on high payroll taxes, shares sink
Spotify shares more than doubled in value in past 12 monthsCompany's premium subscribers up 12% in Q2More people are consuming video on the platform, says CEOBy Jaspreet Singh July 29 (Reuters) - Spotify SPOT.N forecast quarterly profit below estimate on Tuesday, as higher taxes related to em...Reuters
Tue, Jul 29
Weight-Loss Wonder Drug Falters? Novo Nordisk Crashes 21% After Slashing Forecast
TradingKey - On July 29, Danish pharmaceutical giant Novo Nordisk announced a significant downward revision of its full-year 2025 financial outlook and simultaneously appointed Maziar Mike Doustdar as its new Chief Executive Officer (President and CEO), triggering a more than 21% intraday plunge...
TradingKey
Tue, Jul 29
UnitedHealth signals prolonged pain with new, far lower profit forecast, shares fall
UnitedHealth profit forecast falls short of analysts' estimatesShares down about 5% Expects to return to profit growth in 2026By Sriparna Roy and Sneha S K July 29 (Reuters) - UnitedHealth Group UNH.N provided a full-year profit forecast on Tuesday after suspending its prior outlook in May,...Reuters
Tue, Jul 29
JetBlue posts smaller-than-expected loss as U.S. demand recovers
By Aishwarya Jain and Doyinsola Oladipo July 29 (Reuters) - JetBlue Airways JBLU.O on Tuesday posted an adjusted loss for the second quarter that was smaller than Wall Street expectations, helped by cost cutting measures and recovering demand for travel in the U.S.Shares of the carrier shot up ne...Reuters
Tue, Jul 29
AstraZeneca seeks US drug price cuts amid expansion plans, strong demand
July 29 (Reuters) - AstraZeneca AZN.L has proposed price cuts to its drugs in the United States, its CEO said on Tuesday, days after unveiling a $50 billion investment to expand there, as President Donald Trump pressures pharmaceuticals companies to lower costs.Reuters
Tue, Jul 29
