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Crypto Market Turns Green as Bitcoin Hyper Presale Climbs Towards $7.5M
The crypto market’s flashing green again, and not just on your watch list. Most of the top ten tokens on CoinMarketCap have posted solid daily gains, with $BTC pushing above $116K, $ETH climbing past $3.8K, and $SOL jumping over 5% in the past 24 hours. Even the Fear & Greed Index is creeping to...Bitcoinist
Thu, Aug 7
Other
Thermon Q1 revenue down 5.4%, misses estimates
OverviewThermon fiscal Q1 revenue declines 5.4% yr/yr, missing analysts' expectationsAdjusted EBITDA of $21.2 mln misses analysts' estimates, per LSEG dataCo repurchased $9.8 mln in sharesOutlookThermon reiterates full-year 2026 revenue guidance of $495 mln to $535 mlnCompany maintains full-...Reuters
Thu, Aug 7
Stocks
Lilly falls after oral weight-loss drug data fails to impress
** Shares of drugmaker Eli Lilly LLY.N fall 10.6% to $666.25 premarket** LLY says its oral weight loss drug, orforglipron, helped patients lose 12.4% of their body weight on average when given the highest dose of 36 milligrams in a late-stage study** "We are disappointed in this data, and expec...Reuters
Thu, Aug 7
Other
Cybersecurity firm Netscout's Q1 revenue rises to $186.7 mln
OverviewNetscout fiscal Q1 revenue rises to $186.7 mln from $174.6 mln yr/yrNon-GAAP net income for fiscal Q1 increases to $24.7 mln, $0.34/shareCo repurchased 761,249 shares for $15 mln during fiscal Q1OutlookNetscout sees fiscal year 2026 revenue between $825 mln and $865 mlnCompany expects GAAP E...Reuters
Thu, Aug 7
Economic Indicator
QVC Group Q2 revenue falls 7% on lower shipments
OverviewQVC Group Q2 revenue decreases 7% in USD, 9% in constant currencyOperating loss of $2.3 bln due to $2.4 bln impairment chargeQVC International revenue up 3% in USD, down 3% in constant currencyOutlookCompany diversifying sourcing to mitigate tariff uncertaintyCompany expanding social and str...Reuters
Thu, Aug 7
Other
Datadog forecasts upbeat third-quarter results on increased cloud security adoption
Aug 7 (Reuters) - Cloud security firm Datadog DDOG.O forecast third-quarter revenue above Wall Street estimates on Thursday, signaling growing demand for its services as enterprises ramp up investment in artificial intelligence.Shares of the New York City-based company surged more than 10% in premar...Reuters
Thu, Aug 7
Economic Indicator
Disputes Emerge Over U.S.-Japan Trade Deal as Tokyo Slams “Last-Minute Add-Ons,” Trump Responds Firmly
TradingKey – Two weeks after the U.S. and Japan reached a trade agreement, disputes over key details have surfaced. On August 7, Japan’s chief negotiator Ryo Akazawa stated that the U.S. intends to impose a 15% tariff on Japanese goods in addition to existing dutiesTradingKey
Thu, Aug 7
Economic Indicator
Bailey speech: Important not to cut bank rate too quickly or too much
Bank of England (BoE) Governor Andrew Bailey delivers the Monetary Policy Report and responds to questions from the press after deciding to lower the policy rate by 25 basis points at the August meeting.Fxstreet
Thu, Aug 7
Other
Backblaze Q2 revenue up 16%, beats expectations
OverviewBackblaze Q2 2025 revenue grows 16% YoY, beating analysts' expectationsAdjusted EPS for Q2 beats consensus, marking turnaroundCo announces $10 mln stock repurchase programOutlookBackblaze expects Q3 revenue between $36.7 mln and $37.1 mlnCompany anticipates full-year revenue of $145.0 ml...Reuters
Thu, Aug 7
Other
Trump directs Commerce Department to create new US Census
Aug 7 (Reuters) - President Donald Trump said on Thursday that he has instructed the Department of Commerce to begin creating a new Census "based on modern day facts and figures" and that uses the results and information from the 2024 presidential election. "People who are in our Country...Reuters
Thu, Aug 7
Stocks
US STOCKS-Tech shares lift Wall St futures on tariff exemption hopes
Futures up: Dow 0.56%, S&P 500 0.62%, Nasdaq 0.8% Apple surges as $100 bln manufacturing pledge eases tariff fearsEli Lilly falls after late-stage data for oral weight-loss drugInitial jobless claims data due at 8:30 a.m. ETBy Nikhil Sharma and Pranav Kashyap Aug 7 (Reuters) - U.S. stock inde...Reuters
Thu, Aug 7
Other
Lilly raises full-year earnings forecasts on surging demand for weight-loss drug
Quarterly sales of Mounjaro, Zepbound come in above analyst estimatesShares decline over 10% as late-stage data for oral drug fails to impressBy Bhanvi Satija and Patrick Wingrove Aug 7 (Reuters) - Eli Lilly LLY.N raised its full-year profit and sales forecast on Thursday, betting on surging dema...Reuters
Thu, Aug 7
Other
Akebia Therapeutics Q2 revenue smashes expectations
OverviewAkebia Q2 2025 revenue rises to $62.5 mln, beating analyst expectationsNet income for Q2 2025 beats estimates, reaching $0.2 mlnCompany expands Vafseo prescribing access through dialysis partnerships Result DriversVAFSEO GROWTH - Prescription demand for Vafseo increased by 55% over Q1 20...Reuters
Thu, Aug 7
Other
Electric utilities firm Stella-Jones' Q2 sales miss expectations
OverviewStella-Jones Q2 sales down 1%, missing analyst expectations, per LSEG dataCo maintains strong EBITDA margin despite lower sales volumesCompleted Locweld acquisition, expanding infrastructure offeringsOutlookStella-Jones updates 2025 sales outlook to C$3.5 bln from C$3.6 blnCompany expects ab...Reuters
Thu, Aug 7
Other
Crocs beats Q2 revenue growth expectations, warns of drop in Q3 revenue
OverviewCrocs Q2 revenue rises 3.4% yr/yr, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 beats consensus, rising to $4.23, per LSEG dataCo says current operating environment is uncertain and challenging to predictCo says to manage expenses by reducing inventory receipts, curbing pro...Reuters
Thu, Aug 7
Other
Eli Lilly CEO David Ricks Says Not Disappointed By Results Of Oral Weight Loss Drug - CNBC Interview
Aug 7 (Reuters) - ELI LILLY CEO DAVID RICKS: NOT DISAPPOINTED BY RESULTS OF ORAL WEIGHT LOSS DRUG - CNBC INTERVIEWELI LILLY CEO DAVID RICKS: HAVEN'T SEEN SAFETY CONCERNS FOR ORAL WEIGHT LOSS DRUG DURING CLINICAL TRIALS - CNBCSource text:Reuters
Thu, Aug 7
Indices
USD retains a soft undertone – Scotiabank
The US Dollar (USD) is a little softer overall again this morning, reflecting a renewed strengthening in the bearish narrative amid investor concerns over the outlook for the US economy and monetary policy as well as the focus on the risk of political influence on Fed policy making and US data.Fxstreet
Thu, Aug 7
Other
Canadian investment firm Onex Q2 net earnings rise
OverviewOnex Q2 net earnings rise to $229 mln from $168 mln year-over-yearEPS for Q2 increases to $3.30 from $2.19, reflecting strong performanceCompany repurchased over 1.8 mln shares, enhancing shareholder valueOutlookOnex sees continued momentum across business segmentsCompany expects strong year...Reuters
Thu, Aug 7
