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GBP tests 1.3450 area a number of times overnight – Scotiabank
Pound Sterling (GBP) reached a marginal new short term high in overnight trade as Asian markets caught up to the hawkish turn of events at yesterday’s BoE policy decision, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 8
Other
Xi tells Putin China welcomes fresh US-Russia contacts as Trump seeks end to Ukraine war
BEIJING, Aug 8 (Reuters) - China is pleased to see Russia and the United States maintaining contact and improving ties to advance a political resolution of the Ukraine crisis, President Xi Jinping said in a phone call with Russian President Vladimir Putin on Friday.Beijing will maintain its stance o...Reuters
Fri, Aug 8
Stocks
Under Armour (UA) Q1 Revenue Falls 4.2%
Key PointsRevenue (GAAP) declined 4.2% in Q1 FY2026, missing estimates and reflecting weakness in North America and e-commerce.Gross margin (GAAP) improved by 0.7 percentage points to 48.2% in Q1 FY2026, helping offset some top-line declines.Adjusted operating income rose to $24 million, up from $8 ...The Motley Fool
Fri, Aug 8
Stocks
Heron (HRTX) Q2 Acute Care Jumps 56%
Key PointsGAAP revenue of $37.2 million missed expectations by 2.3% in Q2 2025.Acute Care segment revenue surged 55.5%, while Oncology segment revenue declined 9.0%.Full-year 2025 adjusted EBITDA (non-GAAP) guidance was raised, reflecting operational progress and improved cost control.These 10 stock...The Motley Fool
Fri, Aug 8
Cryptocurrencies
Fundamental Global Enters Ethereum Treasury Strategy Trend With $5B Fundraise Plan
Ethereum’s growing appeal among institutional players has taken another leap forward as Fundamental Global Inc. (FGF), a Nasdaq-listed company specializing in reinsurance, merchant banking, and asset management, revealed an ambitious $5 billion cryptocurrency strategy in a recent SEC filing.
Bitcoinist
Fri, Aug 8
Cryptocurrencies
Bitcoin Miners Avoid Forced Selling: BTC Sits 7.4% Above Last Difficulty Bottom
Bitcoin is trading with renewed volatility after successfully pushing back into the previous price range above the $115,000 level. This move signals resilience from the bulls, who are showing strength following several days of panic selling and heightened fears of a deeper correction. Market sentime...NewsBTC
Fri, Aug 8
Other
RPT-BREAKINGVIEWS-Automakers' $13 bln tariff hit is shot in the dark
By Katrina Hamlin HONG KONG, Aug 8 (Reuters Breakingviews) - Efforts to quantify U.S. President Donald Trump's tariff hit on automakers feel like a bad joke. Japan's Toyota Motor 7203.T and Honda Motor 7267.T now expect more than a $12.5 billion impact combined for the year. But moving pa...Reuters
Fri, Aug 8
Commodities
RPT-BREAKINGVIEWS-Foxconn's TECO deal dials up AI shift from iPhones
By Katrina Hamlin HONG KONG, Aug 8 (Reuters Breakingviews) - Apple AAPL.O has been diversifying from its core iPhone business, so why shouldn't key supplier Foxconn 2317.TW? The electronics giant’s cash cow has long been contract manufacturing for the company run by Tim Cook. But the artifici...Reuters
Fri, Aug 8
Stocks
The Silver Lining in Ford's Messy Q2 Earnings
Key PointsThe U.S. automaker was set up for a strong sales quarter due to promotions.Tariffs negatively impacted second-quarter results to the tune of $800 million.However, management believes it's about to have another "Model T moment." 10 stocks we like better than Ford Motor Company › It turns ou...The Motley Fool
Fri, Aug 8
Stocks
Is Alphabet One of the Best Stocks to Buy Right Now?
A huge risk to Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) search engine business is keeping this stock trading at a relatively cheap valuation.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used wer...The Motley Fool
Fri, Aug 8
Other
RPT-BREAKINGVIEWS-Warner Bros boss makes for an unlikely hero
By Jennifer Saba NEW YORK, Aug 7 (Reuters Breakingviews) - David Zaslav is rewriting Hollywood’s three-act structure. Screenplays typically divide a story into setup, confrontation and resolution, but Warner Bros Discovery’s WBD.O version features its CEO getting an unlikely third chance to just...Reuters
Fri, Aug 8
Other
RPT-BREAKINGVIEWS-Intel fabricates a hopeless trade war predicament
By Jonathan Guilford NEW YORK, Aug 7 (Reuters Breakingviews) - Intel’s INTC.O position as the last, best, independent hope for U.S. chipmaking is getting shakier. President Donald Trump on Thursday called for “highly conflicted” CEO Lip-Bu Tan to resign after only five months on the job. This ad...Reuters
Fri, Aug 8
Cryptocurrencies
Crypto Today: Bitcoin uptrend takes a breather as Ethereum, XRP bulls tighten grip
The cryptocurrency market is relatively bullish on Friday, buoyed by renewed risk-on sentiment from both institutional and retail investors. Bitcoin (BTC) surged toward the $118,000 round-figure resistance before retreating slightly to trade at around $116,525 at the time of writing.
Stocks
Cytokinetics rises as investors await US approval for heart drug
** Shares of drug developer Cytokinetics CYTK.O rise ~3% to $36.24 premarket** Co reported Q2 revenue of $66.8 million , compared with $0.2 million a year ago, helped by $52.4 million payment related to co's licensing deal for experimental heart disease drug, aficamten, in Japan with Germany'...Reuters
Fri, Aug 8
Stocks
Athira Pharma Inc reports results for the quarter ended June 30 - Earnings Summary
Athira Pharma Inc ATHA.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -70 cents. The mean expectation of two analysts for the quarter was for a loss of 18 cents per share. Reported...Reuters
Fri, Aug 8
Stocks
U.S. STOCKS ON THE MOVE-Pinterest, Novo Nordisk, Instacart
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Friday after President Donald Trump's temporary pick for a Federal Reserve governor fueled expectations of a more dovish policy ahead. .N ** Light & ...Reuters
Fri, Aug 8
Forex
RPT-Sylvamo Q2 revenue misses estimates, forecasts stronger H2
OverviewSylvamo Q2 revenue falls 15% yr/yr to $794 mln, missing analysts' expectationsAdjusted EBITDA of $82 mln missed analyst estimatesCompany expects stronger performance in H2 due to reduced maintenance outagesOutlookSylvamo expects Q3 adjusted EBITDA of $145 mln to $165 mlnCompany projects ...Reuters
Fri, Aug 8
Stocks
Sylvamo (SLVM) Q2 Revenue Falls 15%
Key PointsGAAP revenue fell to $794 million in Q2 2025, missing estimates by 3.9% and declining 14.9% year-over-year (GAAP).GAAP earnings per share were $0.37 in Q2 2025, below consensus and EPS was down 63.7% year over year.Segment results diverged: Europe swung to an operating loss (business segme...The Motley Fool
Fri, Aug 8
Other
Forte Biosciences Inc expected to post a loss of $1.11 a share - Earnings Preview
Forte Biosciences Inc FBRX.OQ FBRX.O is expected to show no change in quarterly revenue when it reports results on August 12 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Forte Biosciences Inc is for a loss of $1.11 per share. The current average analyst ratin...Reuters
Fri, Aug 8
