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Commodities
TABLE-UAE's Fujairah oil inventory data for week ended August 4
Aug 6 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended August 4, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from ...Reuters
Wed, Aug 6
Commodities
Monsoon peaks in south China, unleashing landslides, disease
Guangzhou lashed by 2nd-heaviest rainfall this centuryRains across southern Guangdong boost disease risksAt least 16 of its rivers near dangerous levelsLandslide hit 'Taobao Village', trapping 14By Joe Cash and Ryan Woo BEIJING, Aug 6 (Reuters) - Rescue crews raced on Wednesday to clear d...Reuters
Wed, Aug 6
Economic Indicator
WTI surges above $65.00 as traders expect India to reduce Russian Oil imports
West Texas Intermediate (WTI) Oil price halts its four-day losing streak, trading around $65.10 per barrel during the Asian hours on Wednesday. Crude Oil prices gain ground amid rising concerns over potential supply disruptions.
Fxstreet
Wed, Aug 6
Stocks
Broadridge (BR) Q4 Revenue Rises 6%
Key PointsBroadridge Financial Solutions (NYSE:BR) exceeded both non-GAAP earnings and GAAP revenue estimates in Q4 FY2025. This performance was driven by 7% recurring revenue growth (Non-GAAP) for FY2025.Margins in the Global Technology and Operations segment declined in Q4 FY2025, offsetting some ...The Motley Fool
Wed, Aug 6
Cryptocurrencies
Shiba Inu Starts Voting Process To Elect First Network President
Shiba Inu has kicked off a formal, multi-stage voting process to select the project’s first interim “network president” and seat councils for each DAO, a governance overhaul framed by the team as “the true birth of a network state.” In an August 4 post titled ELECTIONS, the project’s lead figure Shy...Bitcoinist
Wed, Aug 6
Forex
Siemens Energy expects double-digit million euro tariff hit in Q4
FRANKFURT, Aug 6 (Reuters) - Siemens Energy ENR1n.DE expects a mid double-digit million euro hit to profits in the fourth quarter, its CEO Christian Bruch said on Wednesday, also flagging hits of similar magnitude in 2026.Bruch, speaking to journalists after presenting third-quarter results, said th...Reuters
Wed, Aug 6
Stocks
Atomera (ATOM) Q2 Loss Widens 6%
Key PointsAtomera reported a GAAP net loss per share of $(0.17) for Q2 2025, missing GAAP EPS forecasts by $0.03 and declining versus the prior year.Reported GAAP revenue was $0, matching consensus expectations and down from $72,000 in the prior-year period.Cash and cash equivalents totaled $22.0 mi...The Motley Fool
Wed, Aug 6
Other
China supports Brazil in resisting tariff 'bullying', foreign minister says
BEIJING, Aug 6 (Reuters) - China supports Brazil in resisting the "bullying behaviour" of imposing excessive tariffs, Foreign Minister Wang Yi told Celso Amorim, special advisor to Brazilian president, on Wednesday in a phone call.China supports Brazil in safeguarding its own rights and oppo...Reuters
Wed, Aug 6
Commodities
METALS-London copper firms on Chile supply concerns, rising stocks cap gains
By Brijesh Patel Aug 6 (Reuters) - London copper prices edged higher on Wednesday after an accident at the top producer Codelco's COBRE.UL Chilean mine raised concerns over supply, though rising inventories on the London Metal Exchange capped gains. Three-month copper on the London Metal E...Reuters
Wed, Aug 6
Stocks
Japan's Nikkei rises as US economic worries recede
By Junko Fujita TOKYO, Aug 6 (Reuters) - Japan's Nikkei share average gained on Wednesday, as concerns about the U.S. economy receded, prompting investors to continue buying cheap stocks after a heavy sell-off earlier this week.The Nikkei .N225 rose 0.6% to end the day at 40,794.86. The broad...Reuters
Wed, Aug 6
Stocks
Could This Bear Market-Buy Help You Become a Millionaire?
Key PointsCoca-Cola has comfortably outpaced inflation over the past few decades.Its brand recognition, scale, and diversification could drive its long-term growth.However, investors shouldn’t count on it for millionaire-making gains.10 stocks we like better than Coca-Cola › Coca-Cola (NYSE: KO), th...The Motley Fool
Wed, Aug 6
Stocks
OpenAI Breaks the Mold: Releases “Open-Weight” Models and Partners with Amazon to Break Microsoft’s Monopoly
TradingKey - Despite maintaining a leading position in the AI model race, OpenAI faces intensifying competition and growing concerns over its reliance on a single cloud partner — Microsoft. In response, the company is pursuing a new strategy: open-weight models and diversified cloud partnerships.
TradingKey
Wed, Aug 6
Forex
NZD/USD gathers strength above 0.5900 ahead of RBNZ Inflation Expectations release
The NZD/USD pair gathers strength to near 0.5920 during the early European session on Wednesday. Increased expectations of a Federal Reserve (Fed) rate cut weigh on the US Dollar (USD). Fed officials are scheduled later on Wednesday, including Susan Collins, Lisa Cook and Mary Daly.
Fxstreet
Wed, Aug 6
Stocks
Retiring Late? Here's 1 Rule of Thumb to Ignore.
Key PointsNo matter when you retire, it's important to mange your nest egg carefully.The 4% rule has long served as popular guidance.If you're retiring on the late side, you may have more flexibility to take larger withdrawals and enjoy life to the fullest. The $23,760 Social Security bonus most ret...The Motley Fool
Wed, Aug 6
Stocks
Assurant (AIZ) Q2 EPS Jumps 25%
Key PointsAdjusted earnings per share rose 25% year over year to $5.10, beating analyst expectations by 13.3% (non-GAAP).Net earned premiums, fees, and other income from the Global Lifestyle and Global Housing segments increased 8% year over year, but fell short of analyst estimates by 2.3% (GAAP re...The Motley Fool
Wed, Aug 6
Cryptocurrencies
GENIUS Act Creates $1.5T Stablecoin Frenzy in July – Best Cryptos to Buy
The US GENIUS Act helped drive the overall transaction volume of stablecoins in July, according to a report by Sentora Research. The surge in onchain activity pushed stablecoin transactions to $1.5T, which marked a new all-time high for the sector. The total transaction volume went up 19% compared t...Bitcoinist
Wed, Aug 6
Other
CORRECTED-Paysign Inc expected to post earnings of 4 cents a share - Earnings Preview (August 1)
By Lynx Insight ServiceAug 6 (Reuters) - Paysign Inc PAYS.OQ PAYS.O is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2025The Henderson Nevada-based company is expected to report a 30.4% increase in revenue to $18.687 million from $1...Reuters
Wed, Aug 6
Economic Indicator
FACTBOX-Exports of oil products by private Indian refiners
By Nidhi Verma and Mohi Narayan NEW DELHI, Aug 6 (Reuters) - India's exports of refined fuel are in the spotlight after last month's European Union sanctions while U.S. President Donald Trump has threatened a tariff hike over its oil purchases from Russia.The South Asian nation became the...Reuters
Wed, Aug 6
