Search
News
Important Only
Commodities
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
Clipper Realty (CLPR) Q2 NOI Hits Record
Key PointsClipper Realty (NYSE:CLPR) delivered record Net Operating Income (NOI) and Adjusted Funds from Operations (AFFO) during the quarter, despite a marginal revenue miss.The company faces elevated near-term risk as the City of New York will vacate the 250 Livingston Street property, resulting i...The Motley Fool
Fri, Aug 8
Other
White House ups federal law enforcement at tourist hot spots in Washington, D.C.
WASHINGTON, Aug 7 (Reuters) - The White House announced on Thursday that a planned increase in federal law enforcement in Washington, D.C., would focus on areas with heavy tourist traffic and other hot spots around the city beginning at midnight.President Donald Trump on Wednesday said he may use th...Reuters
Fri, Aug 8
Cryptocurrencies
Fundamental Global to raise $5 billion to launch Ethereum treasury
Fundamental Global (FGF) filed an S-3 registration statement with the Securities & Exchange Commission (SEC) on Thursday to build an Ethereum-focused (ETH) treasury through a $5 billion shelf offering.
Fxstreet
Fri, Aug 8
Stocks
BGSF Inc reports results for the quarter ended June 30 - Earnings Summary
BGSF Inc BGSF.N reported quarterly adjusted earnings of 2 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of two analysts for the quarter was for earnings of 2 cents per share. Wall Street expec...Reuters
Fri, Aug 8
Stocks
RLJ Lodging (RLJ) Q2 FFO Beats by 77%
Key PointsAdjusted FFO per share (non-GAAP) of $0.48 beat analyst expectations by $0.37 in Q2 2025, but declined 5.9% compared to the prior year.GAAP revenue of $363.1 million missed estimates in Q2 2025 and was down 1.7% year over year.The company maintained its quarterly dividend at $0.15 per shar...The Motley Fool
Fri, Aug 8
Stocks
HK Movers | HUTCHMED Collapses 14% After Rev. Slides; ZAI LAB Tumbles over 11% 2Q Rev. Growth Misses
ZAI LAB tumbled over 11% in Hong Kong market.The group announced its interim results for the period ended June after the market closed yesterday. According to International Financial Reporting Standards, its total revenue leaped by 15.4% YoY to USD217 million, while its net loss narrowed from nearly...Tiger News
Fri, Aug 8
Stocks
Avita Medical (RCEL) Q2 Sales Up 21%
Key PointsGAAP revenue rose 21% year over year in Q2 2025, but missed analyst estimates by 18.3% in Q2 2025.GAAP earnings per share exceeded the prior year period in Q2 2025.The company sharply reduced its full-year 2025 revenue guidance to a range of $76 million to $81 million (previously $100 mill...The Motley Fool
Fri, Aug 8
Forex
Australia, NZ dollars set for weekly gains, RBA policy meet next week
SYDNEY, Aug 8 (Reuters) - The Australian and New Zealand dollars were set for weekly gains on Friday with the U.S. dollar burdened by weak economic data and dovish bets for policy easing, slipping back towards its three-year lows. The Aussie eased 0.2% to $0.6513 AUD=D3, having edged up 0.3% overni...Reuters
Fri, Aug 8
Other
PRESS DIGEST-British Business - August 8
Aug 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Israel is considering withdrawing defence and security co-operation with the UK if Sir Keir Starmer goes ahead wit...Reuters
Fri, Aug 8
Cryptocurrencies
Bitcoin Price Roars Awake – $120K Within Striking Distance
Bitcoin price is again rising above the $115,500 zone. BTC is now consolidating and might aim for a move toward the $120,000 resistance zone. Bitcoin started a fresh increase above the $115,500 zone. The price is trading above $115,500 and the 100 hourly Simple moving average. There is a key bullish...NewsBTC
Fri, Aug 8
Stocks
Treace Medical (TMCI) Q2 Revenue Up 7%
Key PointsNet loss per share (GAAP) was $(0.28). Net loss per share was $(0.28), compared to $(0.34) in Q2 2024 and slightly better than expectations.Operating expenses (GAAP) dropped 4.1% year-over-year, with Adjusted EBITDA loss narrowed by 58% year-over-year.These 10 stocks could mint the next wa...The Motley Fool
Fri, Aug 8
Stocks
Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars
By Kevin Buckland TOKYO, Aug 8 (Reuters) - Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by clarity over U.S. tariffs and a streak of strong earnings reports.Automakers rallied, with Toyota 7203.T climbing more than 3%.S...Reuters
Fri, Aug 8
Stocks
Japan index hits record high on earnings boost, other Asian markets ease
SINGAPORE, Aug 8 (Reuters) - Japanese shares surged on Friday after positive earnings reports and expectations the U.S. would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after a late retreat on Wall Street during the previous session.Reuters
Fri, Aug 8
Stocks
24H｜Ouster Soars 22%; Expedia Pops 18%; SoundHound AI Surges 15%; Firefly Falls 5%; Pinterest Drops 11%; Trade Desk Sinks 28%
Lidar-maker Ouster delivered better-than-expected second-quarter results and gave solid guidance for the current quarter. Shares were rising 22% in overnight trading.Expedia raised its annual forecast for gross bookings and revenue growth, amid a recovery of demand in the United States, sending the ...Tiger News
Fri, Aug 8
Other
China's SMIC says Trump tariffs did not cause expected 'hard landing'
BEIJING, Aug 8 (Reuters) - Semiconductor Manufacturing International Corp (SMIC) co-CEO Zhao Haijun said U.S. President Donald Trump's tariff policy had not resulted in the "hard landing" that China's top foundry was initially worried about, during an earnings call on Friday.Despite ...Reuters
Fri, Aug 8
Stocks
Arcosa (ACA) Q2 EPS Jumps 40%
Key PointsArcosa’s non-GAAP EPS of $1.27 exceeded estimates by 20.95%, showing strong margin management and acquisition benefits.Revenue (GAAP) of $736.9 million missed consensus by 2.3%. Revenue of $736.9 million increased 11% for the quarter ended June 30, 2025, boosted by acquisitions.Record adju...The Motley Fool
Fri, Aug 8
Stocks
PENN Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary
PENN Entertainment Inc PENN.OQ reported a quarterly adjusted loss of 12 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of sixteen analysts for the quarter was for breakeven results per share. ...Reuters
Fri, Aug 8
Stocks
Plymouth Industrial REIT Inc reports results for the quarter ended June 30 - Earnings Summary
Plymouth Industrial REIT Inc PLYM.N reported a quarterly adjusted loss of 16 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of three analysts for the quarter was for a loss of 12 cents per share....Reuters
Fri, Aug 8
