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Applied Materials forecasts quarterly revenue below estimates, shares fall
Aug 14 (Reuters) - Applied Materials AMAT.O forecast quarterly revenue below estimates on Thursday, citing uneven demand from clients amid economic uncertainty and high China inventory, sending its shares down more than 11% in extended trading. The company expects fourth-quarter revenue of $6.70...Reuters
Thu, Aug 14
Other
Venus Concept Q2 profit misses estimates
OverviewVenus Concept Q2 revenue of $15.7 mln beats analyst expectations, per LSEG dataNet income and EPS for Q2 missed analyst expectations, per LSEG dataCo announced sale of Venus Hair business for $20 mln to focus on core operationsOutlookCompany not providing financial guidance for fiscal year 2...Reuters
Thu, Aug 14
Forex
EUR/USD dives as scorching US PPI kills hopes for jumbo Fed cut
EUR/USD dives sharply on Thursday as the latest inflation report in the United States (US) caught traders off guard, who were betting on a slim chance of a 50 basis points (bps) Federal Reserve (Fed) rate cut in September. Currently, the pair trades at 1.1638, down 0.57%.
Fxstreet
Thu, Aug 14
Cryptocurrencies
Bit Digital Q2 revenue misses expectations
OverviewBit Digital fiscal Q2 revenue fell 11.7%, missing analyst expectations, per LSEG dataAdjusted EBITDA for fiscal Q2 beats consensus, driven by gains on digital assetsCompany transitions to focus on Ethereum treasury and staking strategiesOutlookBit Digital aims to build large on-chain ETH bal...Reuters
Thu, Aug 14
Other
The Metals Co Q2 net loss widens, misses analyst expectations
OverviewThe Metals Co Q2 net loss widens to $74.3 mln, missing analyst expectationsEPS for Q2 at -$0.20, compared to analyst estimate of -$0.05Co receives NOAA compliance notice for exploration applications, progresses regulatory pathOutlookCompany targets Q4 2027 for NORI-D commercial production st...Reuters
Thu, Aug 14
Other
MacroGenics Q2 revenue rises
OverviewMacroGenics Q2 revenue rises to $22.2 mln, driven by higher manufacturing volumeCompany received $70 mln upfront from Sagard for ZYNYZ royalty agreementNet loss narrows to $36.3 mln, cash runway expected through H1 2027OutlookMacroGenics anticipates cash runway through first half of 2027Resu...Reuters
Thu, Aug 14
Other
US charges two in $275 million water vending machine Ponzi case
Military veterans among those allegedly defraudedAuthorities say many water machines didn't existJefferies ex-manager was victim, not villain, lawyer saysBy Jonathan StempelNEW YORK, Aug 14 (Reuters) - A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charg...Reuters
Thu, Aug 14
Stocks
Jaguar Health Inc reports results for the quarter ended June 30 - Earnings Summary
Jaguar Health Inc JAGX.OQ reported a quarterly adjusted loss of $10.26 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-101.00. The lone analyst forecast for the quarter was for a loss of $7.13 per share. Revenue rose 7.9% to $2.9...Reuters
Thu, Aug 14
Other
Lyft Announces Updates To Board Of Directors And Enhanced Voting And Governance Structures
Aug 14 (Reuters) - Lyft Inc LYFT.O:LYFT ANNOUNCES UPDATES TO BOARD OF DIRECTORS AND ENHANCED VOTING AND GOVERNANCE STRUCTURESLYFT INC - CO-FOUNDERS GREEN AND ZIMMER TO STEP DOWN FROM BOARDLYFT INC - CO-FOUNDERS LOGAN GREEN AND JOHN ZIMMER TO STEP DOWN FROM LYFT BOARD AND CONVERT CLASS B SHARESLYFT I...Reuters
Thu, Aug 14
Commodities
Brazil Potash seeks up to $1.8 billion to build Amazon mine
By Oliver GriffinSAO PAULO, Aug 14 (Reuters) - Brazil Potash Corp GRO.A is in talks with banks and other lenders to secure between $1.7 billion and $1.8 billion in debt to fund its planned potash mine in Brazil's Amazonas state, Chief Executive Matt Simpson said in an interview. The underground ...Reuters
Thu, Aug 14
Stocks
Why Shares of SoundHound Are Soaring Higher This Week
Key PointsSoundHound reported strong second-quarter 2025 financial results last week.An analyst upwardly revised his price target on SoundHound stock on Monday.For risk-averse investors, an AI ETF may be a better investment option than SoundHound stock.10 stocks we like better than SoundHound AI › A...The Motley Fool
Thu, Aug 14
Cryptocurrencies
Ethereum Holds Strong as Price Absorbs Market Maker–Induced Volatility
Ethereum is on the verge of rewriting history, trading near $4,792 — its highest level since November 2021 and just shy of its all-time high (ATH) around $4,860. The recent surge has cemented bullish control over the market, with buyers steadily pushing prices higher after weeks of strong momentum. ...Bitcoinist
Thu, Aug 14
Stocks
US STOCKS-Wall Street ends flat, but S&P hits another closing high as rate-cut bets waver
Producer inflation rises more than expected in July Markets reduce Fed rate-cut expectations for 2025 Deere, Tapestry flag strains from US tariffs By Saeed Azhar, Johann M Cherian and Sanchayaita Roy NEW YORK, Aug 14 (Reuters) - Wall Street's main indexes were mixed on Thursday with S&am...Reuters
Thu, Aug 14
Cryptocurrencies
Bull Case For Bitcoin At $300,000 Triggers After Reaching Critical Level
Bitcoin’s performance in recent days has been nothing short of notable with an impressive rally. The leading cryptocurrency has managed to surge past $124,000 this week to register a new all-time high of $124,128 in the past 24 hours, according to CoinGecko data. Interestingly, technical analysis fr...NewsBTC
Thu, Aug 14
Other
Analysts lift ratings on Australia's Origin but target still below last close
Aug 14 (Reuters) - ** Analysts at Jefferies raise PT on Australia's Origin Energy ORG.AX to A$13.15 from A$12.34; while Morningstar lifts fair value estimate by 15% to A$10 ** Jefferies notes Origin's annual results underscore strong performance of its energy markets division, driven by g...Reuters
Thu, Aug 14
Cryptocurrencies
We Asked ChatGPT What the Price of Solana Will be at End of 2025 – Here is What it Said
What can one anticipate of Solana this year? Ask a trader and you will get a list of expectations ranging between optimistic caution and unrealistic speculations. It’s been that kind of token – the one that can rally 40% in a month, pull back sharply, then climb again on sheer network momentum. With its lightning-fast […]Cryptopolitan
Thu, Aug 14
Cryptocurrencies
Ripple (XRP) Price Prediction: Can XRP Extend Recovery Past $5, While Mutuum Finance (MUTM) Gains Steam in August?
With the crypto market showing renewed signs of momentum, attention isn’t just on XRP’s potential climb toward $5, a fresh wave of attention is building around Mutuum Finance (MUTM). Mutuum Finance (MUTM) has a price of $0.035. Over 15200 investors have already invested in the project’s presale, and over $14.35 million has been raised. Mutuum […]Cryptopolitan
Thu, Aug 14
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