News
Important Only
Trump and Bessent Play Good Cop, Bad Cop? Fed’s Doves and Hawks Clash Amid Rising Tensions
TradingKey - Ahead of the Federal Reserve’s interest rate decision, U.S. officials and policymakers have been increasingly vocal about their stance on monetary policy — revealing a deepening divide between political pressure and central bank independence.TradingKey
Wed, Jul 30
Wall Street mixed after GDP data; focus on Fed verdict, tech results
Indexes: Dow down 0.11%, S&P 500 up 0.05%, Nasdaq up 0.23%Hershey beats quarterly estimates, shares upU.S. GDP up 3% in Q2 By Nikhil Sharma and Pranav Kashyap July 30 (Reuters) - Wall Street traded within a tight range on Wednesday, as investors assessed second-quarter GDP data and braced for...Reuters
Wed, Jul 30
Harley-Davidson Rockets 24% to 6-Month High After Revenue Smash and HDFS Unit Sale
TradingKey - On July 30, Harley-Davidson Inc. released its latest earnings report showing revenue exceeding market expectations. The company also announced a major divestiture of its financial services division, driving its pre-market trading price to surge over 24% to $28.55—a six-month high.
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Wed, Jul 30
Harley-Davidson sells $5 bln loan portfolio; tariff headwinds persist
Shares rise over 20%N. American Q2 sales fall 17%, Asia-Pacific drop 21%Company confirms launch of affordable "Sprint" modelBy Nathan Gomes July 30 (Reuters) - Harley-Davidson's HOG.N shares jumped more than 20% on Wednesday after it announced a sale of loans worth over $5 billion...Reuters
Wed, Jul 30
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,
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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
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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.
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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
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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
