News
Important Only
Italy - Factors to watch on Aug. 12
The following factors could affect Italian markets on Tuesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.POLITICSEuropean leaders will hold a videoconference on...Reuters
Tue, Aug 12
Crypto Daily | South Korea’s Crypto Traders Flock to BitMine, Pouring A Net $259M; SharpLink Expects ETH Holdings to Top $3B Following $400M Offering
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSharpLink Expects ETH Holdings to Top $3B Following $400M OfferingSharpLink Gaming has signed securities purchase agreements worth $400 million with five major glob...Tiger News
Tue, Aug 12
Block Set to Launch Bitcoin Mining Chip — Ark Invest Makes Aggressive Stock Buyback
Less than a month after trimming its position, Cathie Wood’s Ark Invest has made a surprising move: purchasing $19.2 million worth of Block (NYSE: XYZ) shares. The buyback comes amid growing speculation around Block’s upcoming product launch and signals renewed confidence in the company’s crypto st
EMERGING MARKETS-Asian stocks rally as US-China extend tariff truce; investors eye US CPI
Indonesia stocks jump 2% to highest level since Oct. 2024 U.S., China extend tariff truce to NovemberThailand central bank policy decision due on WednesdayBy Roshan Thomas Aug 12 (Reuters) - Asian stocks climbed and currencies mostly steadied on Tuesday after the U.S. and China extended their tar...Reuters
Tue, Aug 12
Asian stocks rally as US-China extend tariff truce; investors eye US CPI
Aug 12 (Reuters) - Asian stocks climbed and currencies mostly steadied on Tuesday after the U.S. and China extended their tariff truce to November, tamping down market jitters ahead of a closely watched U.S. inflation reading due later in the day.Reuters
Tue, Aug 12
GLOBAL MARKETS-Asia stocks rise as US-China tariff truce supports sentiment
Japan's Nikkei, Australia's ASX scale record peaksCurrencies calm ahead of US CPIRBA cut rates as expected, still cautious on future easingInvestors await Trump-Putin summit on Friday By Jaspreet Kalra SINGAPORE, Aug 12 (Reuters) - Asian stocks rose on Tuesday with Japanese equities hitti...Reuters
Tue, Aug 12
LIVE MARKETS-Truce extended, economic data next
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTRUCE EXTENDED, ECONOMIC DATA NEXT A look at the day ahead in European and global markets from Ankur BanerjeeJapanese stocks sc...Reuters
Tue, Aug 12
MORNING BID EUROPE-Truce extended, economic data next
A look at the day ahead in European and global markets from Ankur BanerjeeJapanese stocks scaled all-time highs and other regional share markets rose with the tide, buoyed by an extension of a tariff truce between the world's two largest economies.Investor attention turns now to U.S. and UK econ...Reuters
Tue, Aug 12
Geopolitical shifts may impact India growth story amid US trade woes, Bernstein says
** Bernstein says changing geopolitical alignments could significantly impact India's growth story as trade tensions escalate with U.S. over its Russian oil purchases** Adds doubling of U.S. tariffs on Indian goods to 50% last week least of country's worries** Notes "sudden shift in tone...Reuters
Tue, Aug 12
PREVIEW-Weak prices, US tariffs to weigh on first-quarter results for India's Hindalco
** Analysts expect India's Hindalco Industries HALC.NS to report 24.7% Y/Y rise in Q1 consol net profit and 4.7% Y/Y increase in revenue - data compiled by LSEG** Stock drops as much as 2.3% before trading nearly flat at 674.55 rupees** Jefferies expects margins contraction for HALC on weak alum...Reuters
Tue, Aug 12
INDIA STOCKS-Indian benchmarks open flat as financials offset broader gains ahead of key inflation data
Aug 12 (Reuters) - Indian equity benchmarks were muted at the open on Tuesday, as a pullback in financials offset broader gains, while investors await domestic and U.S. inflation data that could influence near-term interest rate expectations.The Nifty 50 .NSEI fell 0.01% to 24,583.75 points and the ...Reuters
Tue, Aug 12
India's Hindalco drops on 'disappointing' Q1 results for US unit Novelis
** India's Hindalco HALC.NS drops as much as 2.3%; last down 0.6%** Miner's U.S. unit Novelis reports 36% Y/Y fall in Q1 net profit to $96 million** Market headwinds from higher scrap metal prices negatively impacted results, HALC says** Investec says Novelis' Q1 "spreads disappointm...Reuters
Tue, Aug 12
U.S. IPO Profitability Test: Can Circle and CoreWeave Justify Their Surging Stock Prices?
TradingKey - On Tuesday, August 12, Circle (CRCL) and CoreWeave (CRWV) will respectively release their first and second earnings reports since going public. Both stocks have more than doubled since their IPOs in 2025, but concerns over their business models and profitability remain.
Orla Mining Ltd reports results for the quarter ended June 30 - Earnings Summary
Orla Mining Ltd OLA.TO reported quarterly adjusted earnings of 20 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall St...Reuters
Tue, Aug 12
Asia stocks mostly higher as tariff truce supports sentiment
SINGAPORE, Aug 12 (Reuters) - Most Asian stocks rose on Tuesday, buoyed by an extension of a tariff truce between the world's two largest economies, while Japanese shares hit an all-time peak, powered by tech shares after returning from a long weekend break.Reuters
Tue, Aug 12
INDIA STOCKS-Indian equities set to open flat as traders eye domestic, US inflation data
Aug 12 (Reuters) - Indian equity benchmarks are likely to open flat on Tuesday, chiming trends in broader Asian markets, as investors await domestic inflation data for July and a key U.S. inflation print that could influence near-term interest rate expectations.The Gift Nifty futures GIFc1 were trad...Reuters
Tue, Aug 12
Why TMC The Metals Company Stock Sank 10% Last Month and Has Kept Falling in August
Key PointsTMC stock lost ground in July as the U.S. made some significant concessions in order to advance trade negotiations with China. Striking a deal for access to Chinese rare earth minerals is at the heart of the U.S.'s aims in trade negotiations, and this raises questions for TMC.A trade deal ...The Motley Fool
Tue, Aug 12
Australia's Chrysos jumps to 10-month high on strong earnings, forecast
** Shares of Chrysos Corp C79.AX rise as much as 6.9% to A$5.860, their highest level since September 30, 2024** Mining technology co posts unaudited FY25 revenue of A$66.1 million ($43.06 million), a 46% rise y/y** Reports 80% growth in unaudited EBITDA to A$16.1 million** Sees FY26 revenue in A$80...Reuters
Tue, Aug 12
Life360's Australian depositary receipts hit record high on stronger quarterly results
** Life360's LIF.O depositary receipts listed on the Australian exchange 360.AX rise as much as 14.6% to A$43.34, hitting a record high** Software services provider says quarterly revenue rose 36% to $115.38 million from a year ago, beating analyst estimates** Co reported quarterly adjusted earn...Reuters
Tue, Aug 12
