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Australia, NZ dollars find support in US rate cut wagers
Australia wage data no bar to further RBA easing RBNZ likely to cut rates next week, easing cycle near endAussie prepares for jobs data challengeBy Wayne Cole SYDNEY, Aug 13 (Reuters) - The Australian and New Zealand dollars consolidated quietly on Wednesday as mounting expectations of a U.S. rat...Reuters
Wed, Aug 13
Stocks
Team Reports 8.5 Percent Q2 Revenue Rise
Key PointsRevenue rose 8.5% to $248.0 million (GAAP) in Q2 2025, driven by 15.2% growth in Inspection and Heat Treating.Adjusted EBITDA grew 12.4% to $24.5 million, with margin improving to 9.9% of revenue.Net loss (GAAP) widened to $(4.3) million; free cash flow (non-GAAP) remained negative but imp...The Motley Fool
Wed, Aug 13
Stocks
Generation Bio Posts 81% Q2 Revenue Drop
Key PointsNet loss per share (GAAP) widened to $(3.12), missing analyst expectations by 209.47% (GAAP).Revenue (GAAP) fell sharply to $0.77 million, marking an 81.3% decrease compared to the prior year.Generation Bio has begun a strategic alternatives process and will reduce its workforce by 90%.The...The Motley Fool
Wed, Aug 13
Stocks
QuickLogic Sales Fall 10 Percent
Key PointsGAAP revenue of $3.7 million for Q2 FY2025 missed analyst estimates, down 10.0% from Q2 FY2024.Non-GAAP earnings per share were a loss of $0.09, missing consensus.Non-GAAP gross margin shrank to 31.0%, falling well below both guidance and prior-year levels.These 10 stocks could mint the ne...The Motley Fool
Wed, Aug 13
Forex
Japanese Yen drifts back closer to a one-week low against the rebounding USD
The Japanese Yen (JPY) meets with a fresh supply during the Asian session on Wednesday and reverses a part of the overnight recovery gains from a one-week low touched against its American counterpart.
Fxstreet
Wed, Aug 13
Cryptocurrencies
Bitcoin Price Trades Sideways Under $120K—Will Bulls Regain Control?
Bitcoin price is correcting gains below the $121,200 zone. BTC is now consolidating and might aim for a move above the $120,500 resistance zone. Bitcoin started a downside correction below the $121,200 zone. The price is trading above $118,000 and the 100 hourly Simple moving average. There is a bul...NewsBTC
Wed, Aug 13
Other
Judge orders Trump administration to restore part of UCLA's suspended funding
Trump threatens to freeze federal funds for universities over pro-Palestinian protestsTrump administration offered $1 billion settlement to UCLAUCLA says $584 million of its funds were suspendedBy Kanishka Singh and Nate Raymond WASHINGTON, Aug 12 (Reuters) - A U.S. judge on Tuesday ordered Presi...Reuters
Wed, Aug 13
Other
US scales back human rights report; softens criticism of some Trump partner nations
Report reduces criticism of El Salvador, IsraelLargely omits LGBTQI rights issuesCriticism of Brazil, South Africa increasesFreedom of speech, racial discrimination cited in both nationsReport delayed as Trump appointees altered earlier draftBy Daphne Psaledakis and Humeyra PamukWASHINGTON, Aug 12 (...Reuters
Wed, Aug 13
Commodities
METALS-Shanghai copper gains as prospects of US rate cut lift sentiment
BEIJING, Aug 13 (Reuters) - Shanghai copper prices ticked up on Wednesday as U.S. inflation data backed expectations for a Federal Reserve interest rate cut next month, although higher stocks kept gains in check.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 rose 0.43% to 79...Reuters
Wed, Aug 13
Stocks
Iridex Reports 7 Percent Q2 Revenue Gain
Key PointsTotal GAAP revenue for Q2 2025 grew 7.0% year over year to $13.6 million.GAAP gross margin narrowed to 34.5% in Q2 2025, driven by higher manufacturing costs and changes in product and geographic mix.Operating expenses fell 28% year over year in Q2 2025, contributing to a narrower GAAP net...The Motley Fool
Wed, Aug 13
Stocks
24H | DeFi Dev Stock Rockets 16%, Driven by Aggressive Solana Accumulation and Strong Staking Returns
DeFi Development Corp. shares climbed, driven by aggressive Solana accumulation and strong staking returns. The stock rose 18.30% during regular trading to $17.84 and added another 16.59% in overnight trading to $20.8.The rally followed a shareholder update detailing rapid Solana treasury growth an...Tiger News
Wed, Aug 13
Stocks
Japan's Nikkei tops 43,000 for first time ever, extends rally to sixth session
TOKYO, Aug 13 (Reuters) - Japan's Nikkei share average rose above 43,000 for the first time on Wednesday, with the broader Topix index also marking a fresh all-time high, tracking Wall Street's overnight gains and extending the rally into a sixth straight session.Reuters
Wed, Aug 13
Forex
Australian Dollar dips as RBA rate cut signals easing inflation trends, cooling employment
The Australian Dollar (AUD) declines on Wednesday after registering gains in the previous session. The AUD/USD pair remains subdued following the release of Wage Price Index data for the second quarter.
Fxstreet
Wed, Aug 13
Stocks
Webtoon Reports 8 Percent Revenue Gain
Key PointsRevenue (GAAP) rose 8.5% to $348.3 million in Q2 2025, surpassing consensus by $7.7 million.Adjusted EPS reached $0.07, exceeding the analyst estimate of ($0.17).Adjusted EBITDA margin narrowed year over year from 6.3% to 2.8% despite the topline beat.These 10 stocks could mint the next wa...The Motley Fool
Wed, Aug 13
Stocks
Vicarious Surgical Narrows Loss in Q2
Key PointsEPS (Non-GAAP) loss of $2.23 per share was narrower than expected, beating analyst estimates by 10.8%.Operating expenses decreased 24%, driven by reductions across research and development, general and administrative, and sales and marketing.Cash and investments declined to $24.0 million, ...The Motley Fool
Wed, Aug 13
Stocks
Armata Posts 59 Percent Q2 Revenue Jump
Key Points- GAAP revenue was $2.2 million, outpacing the $1.38 million GAAP consensus estimate due to strong grant and award funding.- Net loss widened significantly to $0.45 per share (GAAP).- Armata achieved a major milestone with positive topline results from its Phase 1b/2a clinical trial of AP-...The Motley Fool
Wed, Aug 13
Stocks
Hyliion Posts Q2 Revenue Miss and Delay
Key PointsGAAP revenue for Q2 2025 reached $1.5 million, missing the analyst estimate of $1.6 million (GAAP) and driven entirely by research and development services for the U.S. Navy.Driven by higher research and development expenses.Hyliion halved its 2025 GAAP revenue forecast to $5–10 million an...The Motley Fool
Wed, Aug 13
Other
Compass Therapeutics Announces Pricing Of Upsized $120 Million Public Offering
Aug 12 (Reuters) - Compass Therapeutics Inc. CMPX.O:COMPASS THERAPEUTICS ANNOUNCES PRICING OF UPSIZED $120 MILLION PUBLIC OFFERINGCOMPASS THERAPEUTICS INC. - PRICES PUBLIC OFFERING AT $3.00 PER SHAREReuters
Wed, Aug 13
Other
Tennis-Alcaraz eases past Medjedovic in Cincinnati before rain forces suspension
Alcaraz beats MedjedovicGauff gets walkoverNight session suspended due to rain Aug 12 (Reuters) - Carlos Alcaraz beat Hamad Medjedovic 6-4 6-4 to reach the Cincinnati Open last 16 on Tuesday, battling the sweltering Ohio heat to notch a tour-leading 50th victory of the season before the evening s...Reuters
Wed, Aug 13
