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US alcohol consumption at record low as health concerns rise, survey finds
Aug 13 (Reuters) - Alcohol consumption among adults in the U.S. is at the lowest level on record, a survey by analytics firm Gallup showed on Wednesday, as most Americans, for the first time, view even moderate drinking as harmful.Gallup's latest Consumption Habits survey, conducted annually, sh...
Reuters
Wed, Aug 13
Forex
AUD/USD jumps to near 0.6560 as US Dollar underperforms across the board
The AUD/USD pair posts a fresh two-week high around 0.6560 during the European trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Aug 13
Stocks
Instil Bio Inc reports results for the quarter ended June 30 - Earnings Summary
Instil Bio Inc TIL.OQ reported a quarterly adjusted loss of $3.24 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-2.29. The mean expectation of four analysts for the quarter was for a loss of $2.50 per share. Wall Street expected ...
Reuters
Wed, Aug 13
Forex
INDIA RUPEE-Indian rupee rises the most in a month on broad dollar weakness
By Ashwin Manikandan MUMBAI, Aug 13 (Reuters) - The Indian rupee gained the most in more than a month on Wednesday as softer U.S. inflation data bolstered hopes of a Federal Reserve rate cut in September, weighing on the dollar.The local currency unit gained 0.31% - its highest intraday gain sinc...
Reuters
Wed, Aug 13
Stocks
FTSE 100 hits 1-week high on US rate cut optimism
FTSE 100 up 0.2%, FTSE 250 gains 0.3%Defence and healthcare stocks lead gainsBeazley tumbles after lowering annual premium growth forecastPersimmon eyes 2026 sales growth but margin concerns weigh on shares Aug 13 (Reuters) - London shares rallied on Wednesday, with the blue-chip FTSE 100 index r...
Reuters
Wed, Aug 13
Stocks
Prediction: XRP Will Cost $10 in 2030
Key PointsXRP is a bridge currency for cross-border transfers on Ripple's payment network.If Ripple captures a slice of SWIFT's massive market, the value of XRP could skyrocket.XRP may also be the next cryptocurrency in line for ETF approval.10 stocks we like better than XRP › XRP (CRYPTO: XRP) has ...
The Motley Fool
Wed, Aug 13
Other
Arden gets SiriusPoint capacity for new wildfire coverage
By Chris MunroAug 13 - (The Insurer) - Arden Insurance Services has secured capacity support from SiriusPoint for its new consolidated fire insurance policy (CFIP), which the MGU’s CEO Brian Cohen said “provides comprehensive coverage” to an “underserved market”.Through the tie-up, AM Best A-minus-r...
Reuters
Wed, Aug 13
Cryptocurrencies
Europe warns Iran of sanctions snapback without deal
France, the U.K., and Germany are threatening to reinstate full U.N. sanctions on Iran if it doesn't come back to the nuclear negotiation table by the end of August.
Cryptopolitan
Wed, Aug 13
Stocks
Retirees in These 9 States Risk Losing Some of Their Social Security Checks
Key PointsFirst, the good news: Most states these days do not tax Social Security benefits.For those states that do, it's often with a light touch, like taxing higher-income retirees.Still, Social Security benefits may not be as generous as you expect, so plan ahead.The $23,760 Social Security bonus...
The Motley Fool
Wed, Aug 13
Other
Hudbay Minerals tops Q2 revenue and EPS estimates, announces $600 mln JV with Mitsubishi Corp
OverviewHudbay Q2 revenue of $536.4 mln beats analyst expectations, per LSEG dataAdjusted EPS of $0.19 exceeds estimates, driven by strong cost controlCo announces $600 mln Copper World JV with Mitsubishi, enhancing financial strengthOutlookHudbay reaffirms 2025 copper production guidance of 117,000...
Reuters
Wed, Aug 13
Cryptocurrencies
Which Coin Could Turn $100 Into $10K In 2025? Solana, Pi Network, Shiba Inu or This New XRP Challenger
In the fast-changing crypto world, investors are constantly searching for the next big altcoin. While projects such as Solana, Pi Network, Shiba Inu have been in the news, a fresh entry — Remittix (RTX) — is starting to create waves with its revolutionary approach towards payments in the real world. The hype is not so […]
Cryptopolitan
Wed, Aug 13
Other
E-commerce firm Global-e beats Q2 revenue expectations, raises FY 25 guidance
OverviewGlobal-e Q2 2025 revenue rises 28% yr/yr, beating analyst expectationsCompany achieves GAAP profitability with net profit of $10.5 mlnCo raises full-year guidance, reflecting confidence in continued growthOutlookGlobal-e expects Q3 2025 GMV between $1,455 mln and $1,495 mlnCompany raises FY ...
Reuters
Wed, Aug 13
Stocks
S&P 500, Nasdaq futures at record highs on September rate cut expectations
Futures up: Dow 0.23%, S&P 500 0.17%, Nasdaq 0.23% Aug 13 (Reuters) - Futures tracking the S&P 500 and the Nasdaq indexes were pinned at record highs on Wednesday, buoyed by increasing confidence that the Federal Reserve could restart its monetary policy easing cycle next month.Signs that...
Reuters
Wed, Aug 13
Other
China Automotive Q2 sales rise 11.1%, operating income up 20.2%
OverviewChina Automotive Q2 2025 net sales rise 11.1% yr/yr to $176.2 mlnIncome from operations increases 20.2% yr/yr to $13 mlnNet income attributable to shareholders up 6.8% to $7.6 mlnOutlookCompany raises full-year 2025 revenue guidance to $720 mlnChina Automotive Systems sees Electric Power Ste...
Reuters
Wed, Aug 13
Stocks
The Trade Desk's CFO Is Leaving. Is it a Red Flag?
Key PointsRevenue growth at The Trade Desk is decelerating.At the same time, its CFO is leaving the company.CEO Jeff Green still sounds confident in the company's strategy. 10 stocks we like better than The Trade Desk › Shares of The Trade Desk (NASDAQ: TTD) took a dive last week, plunging 39% on Fr...
The Motley Fool
Wed, Aug 13
Stocks
Intapp climbs after Q4 results beat, share repurchase program
** Shares of front-end software vendor Intapp INTA.O jump 28.5% to $47.44 premarket ** Reports Q4 revenue of $135 mln, up 18% YoY and beats analysts' consensus forecast of $132 mln, according to data compiled by LSEG** Q4 revenue for all major segments rises, with Software as a Service (SaaS) se...
Reuters
Wed, Aug 13
Commodities
Cannabis firm Organigram's Q3 revenue beats estimates
OverviewOrganigram fiscal Q3 net rev rises 72% yr/yr, beating analyst expectationsAdjusted EBITDA for fiscal Q3 grows 64% yr/yr, driven by higher revenueCompany expands U.S. presence, generating revenue and increasing exportsOutlookOrganigram expects adjusted gross margin to improve with Motif syner...
Reuters
Wed, Aug 13
Other
Canada's Boyd Group Services Q2 sales miss estimates
OverviewBoyd Group Q2 sales up 0.2%, missing analyst expectations, per LSEG dataAdjusted EPS for Q2 missed consensus, reflecting ongoing profitability challengesCompany's location count surpasses 1,000, driven by acquisitions and new openingsOutlookBoyd Group says achieved modest positive same-s...
Reuters
Wed, Aug 13
Other
European Wax Center misses Q2 revenue, beats adjusted net income estimates
OverviewEuropean Wax Center Q2 revenue falls 6.6%, missing analysts' expectationsAdjusted net income rises 5.6%, beating estimates, per LSEG dataAdjusted EBITDA increases 4.7%, surpassing analysts' forecasts, per LSEG dataOutlookCompany sees fiscal 2025 system-wide sales of $940 mln to $950 ...
Reuters
Wed, Aug 13
Other
OKB surges after OKX cuts supply with massive token burn
OKB, the native token of OKX’s X layer, surges over 150% at press time on Wednesday, fueled by the announcement of a 65 million token burn that led to a sharp decline in the total supply cap to 21 billion tokens.
Fxstreet
Wed, Aug 13
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