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ANALYSIS-Never mind Wall Street records, investors rethink US market supremacy
Investors scale back U.S. exposure amid tariff uncertaintyDollar's role as global reserve currency questionedU.S. tech sector optimism counters bearish sentimentBy Carolina Mandl, Suzanne McGee and Davide Barbuscia NEW YORK, Aug 1 (Reuters) - A rebound on Wall Street and in the dollar has not...Reuters
7 minutes ago
Street View: Comcast to face intense competition
** Media and telecom major Comcast CMCSA.O topped estimates for quarterly revenue and profit on Thursday, driven by a surge in theme park attendance sparked by the May debut of "Epic Universe", growth in its domestic wireless business and a spike in streaming revenue** On average, stock is ...Reuters
7 minutes ago
US STOCKS-Wall St set for weak start on Trump tariffs, Amazon results, soft payrolls
Futures down: Dow 0.8%, S&P 500 0.92%, Nasdaq 1.08% Amazon slides after cloud computing growth underwhelms investorsApple rises after revenue forecast beats estimatesU.S. job growth slowed more than expected in JulyBy Nikhil Sharma and Sukriti Gupta Aug 1 (Reuters) - Futures pointed to a ...Reuters
16 minutes ago
U.S. STOCKS ON THE MOVE-Kimberly-Clark, Hims & Hers Health, CNH Industrial
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures extended losses on Friday after a weaker-than-expected July jobs report elevated concerns about the health of the labor market amid uncertainties about U.S. trade po...Reuters
19 minutes ago
Newmont gains on $100 million payment from China's Zijin Mining
** Shares of gold miner Newmont NEM.N rise ~2% to $63.40 premarket** NEM says it received $100 million from China's Zijin Mining Group 601899.SS after Parliament of Ghana ratified the renewal of the Akyem East Mining Lease** As per Newmont’s agreement to sell its Akyem operation, Zijin Mining Gr...Reuters
20 minutes ago
INSTANT VIEW-US job growth sharply slows in July, unemployment rate ticks higher
NEW YORK, July 31 (Reuters) - U.S. job growth slower much more than expected in July, and the data from the prior month was revised sharply lower, indicating the labor market could be showing signs of stalling. Nonfarm payrolls increased by 73,000 jobs in July, after rising by a downwardly revised 1...Reuters
21 minutes ago
Minerva Neurosciences Inc expected to post a loss of 90 cents a share - Earnings Preview
Minerva Neurosciences Inc NERV.OQ NERV.O is expected to show no change in quarterly revenue when it reports results on August 4 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Minerva Neurosciences Inc is for a loss of 90 cents per share. The one available analy...Reuters
21 minutes ago
GLOBAL MARKETS-Global shares in red after US jobs data, Trump's tariff salvo
US announces new tariff rates ahead of trade talks deadlineAsian, European shares head for worst week since AprilUS July nonfarm payrolls weaker than expected, June revised downBy Samuel Indyk and Nell Mackenzie LONDON, Aug 1 (Reuters) - Global shares remained in the red on Friday after weaker th...Reuters
26 minutes ago
Reddit surges as AI-driven ad strategy wins praise from Wall Street
By Kritika Lamba Aug 1 (Reuters) - Reddit's RDDT.N shares jumped 15% before the bell on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform's AI-based advertising tools and strong user engagement.The company's rosy...Reuters
27 minutes ago
LIVE MARKETS-US stock futures red, yields slide, after latest jobs data
US equity index futures red; S&P 500 off ~1%Jul nonfarm payroll 73k vs 110k estimateEuro STOXX 600 index down >1%Dollar falls ~1%; bitcoin dips; crude egdes up; gold up >1%US 10-Year Treasury yield tumbles to ~4.27% Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
30 minutes ago
WW Grainger cuts annual profit forecast on tariff troubles
Aug 1 (Reuters) - Industrial tools supplier WW Grainger GWW.N slashed its forecast for annual profit on Friday, after missing second-quarter profit estimates on the back of tariff-led headwinds, sending its shares down 11% in premarket trading. U.S. President Donald Trump's wide-range tariffs ha...Reuters
31 minutes ago
Vsee Health Inc expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson August 4 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst es...Reuters
35 minutes ago
Banco Sabadell Selects DXC to Advance Financial Inclusion through AI-Powered Accessibility Testing
ASHBURN, Va., Aug. 1, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been selected by Banco Sabadell, one of Spain's leading banking groups, to help enhance the accessibility of its digital services. DXC will lead the design and implem...PR Newswire
36 minutes ago
European drugmakers fall after Trump raises stakes over US drug price cuts
Trump demands drugmakers match US prices to overseas levelsNovo shares fall as much as 4% to 4-year low before paring some losses Companies face September 29 deadline to respond to Trump's demandBy Ankur Banerjee SINGAPORE, Aug 1 (Reuters) - Shares of European drugmakers slipped on Friday aft...Reuters
40 minutes ago
REFILE-INSTANT VIEW-US job growth sharply slows in July, unemployment rate ticks higher
NEW YORK, July 31 (Reuters) - U.S. job growth slower much more than expected in July, and the data from the prior month was revised sharply lower, indicating the labor market could be showing signs of stalling. Nonfarm payrolls increased by 73,000 jobs in July, after rising by a downwardly revised 1...Reuters
45 minutes ago
Orchestra BioMed drops after $40 mln equity raise
** Shares of Orchestra BioMed Holdings OBIO.O down 11.8% premarket to $2.70 after follow-on prices** New Hope, Pennsylvania-based firm sells 14.55 mln shares, including ~5.1 mln pre-funded warrants, for $40 mln gross proceeds** Offering price of $2.75 represents 10.1% discount to stock's last cl...Reuters
51 minutes ago
1 Big Reason to Buy Ethereum Before November
Key PointsEthereum's Fusaka upgrade launches in early November 2025, just six months after the successful Pectra update that caused a quick 42% price surge.The centerpiece PeerDAS technology will help Ethereum match the transaction speeds of newer competitors like Solana and Cardano.Ethereum is choo...The Motley Fool
55 minutes ago
US STOCKS SNAPSHOT-US stock futures extend losses after July jobs data
Aug 1 (Reuters) - U.S. stock index futures extended losses on Friday after a weaker-than-expected July jobs report elevated concerns about the health of the labor market amid uncertainties about U.S. trade policies.A Labor Department report showed the U.S. economy added 73,000 jobs in July, compared...Reuters
an hour ago
MIDEAST STOCKS-UAE markets decline over profit booking and tariff tensions
By Mohd EdreesAug 1 - United Arab Emirates markets declined on Friday, mirroring losses in global equities, after the U.S. slapped steep tariffs on dozens of trading partners, while investors await U.S. jobs data that could impact the Federal Reserve rate cut decision.MSCI's broadest index of A...Reuters
an hour ago
MGP Ingredients (MGPI) Q2 Sales Drop 24%
Key PointsNon-GAAP EPS was $0.97, outpacing the $0.66 analyst estimate (non-GAAP), but down sharply from last year.Revenue (GAAP) of $145.5 million beat the $139.4 million estimate but fell 24.0% year over year.Full-year guidance was reaffirmed; The Distilling Solutions segment continued to experien...The Motley Fool
an hour ago
