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Commodities
Emirates Global Aluminum says its subsidiary will seek 'redress' after Guinea removed its concession
CAIRO, Aug 5 (Reuters) - Emirates Global Aluminium (EGA) said on Tuesday that its subsidiary will seek "redress" after Guinea revoked the bauxite concession awarded to it.The Dubai-based company denounced the move saying it undermined any credibility of Guinea's engagement with foreign i...Reuters
Tue, Aug 5
Other
Two Chinese nationals in California accused of illegally shipping Nvidia AI chips to China
By Karen FreifeldAug 5 (Reuters) - Two Chinese nationals were arrested in California and charged with illegally shipping tens of millions of dollars' worth of AI chips to China, including Nvidia H100s, the U.S. Justice Department said Tuesday.Chuan Geng, 28, of Pasadena, and Shiwei Yang, 28, of ...Reuters
Tue, Aug 5
Other
UN calls reports about possible expansion of Israeli Gaza operations 'deeply alarming'
Aug 5 (Reuters) - The United Nations on Tuesday called reports about a possible decision to expand Israel's military operations throughout the Gaza Strip "deeply alarming" if true.U.N. Assistant Secretary-General Miroslav Jenca told a U.N. Security Council meeting on the situation in Gaz...Reuters
Tue, Aug 5
Cryptocurrencies
U.S. rallies Asian nations against EU’s AI regulation
The Trump administration is encouraging Asian nations to reject Europe’s strict AI regulations, according to reports. The U.S. campaign to get Asian countries to reject EU and Chinese AI models involves an innovation-based approach with tech packages arranged for each country’s needs. The Trump administration has launched a diplomatic and commercial push across Asia, encouraging […]Cryptopolitan
Tue, Aug 5
Commodities
ICE canola futures fall on weak soyoil, weather
WINNIPEG, Manitoba, Aug 5 (Reuters) - ICE canola futures fell on Tuesday as losses in Chicago soyoil and moderate Canadian weather reduced anxiety about low supplies of canola.• November canola RSX5 settled down $10.30 at $672.20 per metric ton. January fell $9.60 to $684.20. • Tuesday's session...Reuters
Tue, Aug 5
Stocks
Why GlobalFoundries Sank Today
Key PointsGlobalFoundries beat expectations but issued soft guidance. The consumer electronics market remains depressed, even as smaller segments are showing green shoots. Shares are beginning to look attractive at all-time lows here. 10 stocks we like better than GlobalFoundries › Shares of special...The Motley Fool
Tue, Aug 5
Stocks
Escalade Q2 Revenue Falls 13%
Key PointsEscalade missed both revenue and earnings estimates on a GAAP basis for Q2 2025.Gross margin (GAAP) improved to 24.7%, despite lower sales and tariff-related costs in Q2 2025.Debt reduction continued, with total debt down 49.0% year over year and net debt/EBITDA dropping to 0.5x by Q2 2025...The Motley Fool
Tue, Aug 5
Other
Lebanon tasks army with limiting arms to state forces in challenge to Hezbollah
Cabinet delays talks on US disarmament proposalHezbollah chief rejects any deadline to disarmBy Maya Gebeily and Laila Bassam BEIRUT, Aug 5 (Reuters) - Lebanon's cabinet on Tuesday tasked the army with drawing up a plan to establish a state monopoly on arms by the end of the year, a challenge...Reuters
Tue, Aug 5
Other
US judge blocks Trump administration from diverting disaster prevention grants
Aug 5 (Reuters) - A federal judge on Tuesday issued a preliminary injunction blocking the Trump administration from diverting money funds from a multibillion-dollar grant program aimed at providing infrastructure to protect communities against natural disasters.The injunction was issued by U.S. Dist...Reuters
Tue, Aug 5
Stocks
PREVIEW: AMD falls ahead of report; focus on AI chip demand
** Advanced Micro Devices AMD.O shares dipping 0.3% on Tues, easing from recent 52-week high ahead of qtrly results after the bell, as investors focus on AI chip demand and the co's revenue outlook ** Analysts expect qtrly rev up 27% to $7.42 bln, with adj EPS seen at $0.49 vs $0.69 yr-ago, per...Reuters
Tue, Aug 5
Stocks
Ramaco Q2 Revenue Beats by 16%
Key PointsGAAP revenue surpassed expectations at $152.96 million in Q2 2025, beating estimates by 16.3%, but profitability missed, with GAAP EPS coming in at ($0.29) versus an expected GAAP EPS of ($0.18).Adjusted EBITDA (non-GAAP) dropped 69% year over year to $9.0 million, mainly due to declining ...The Motley Fool
Tue, Aug 5
Commodities
Mexico reveals sweeping plan to bring down Pemex debt, boost investment and lift production
Pemex aims for financial self-sufficiency by 2027Government-backed vehicle to raise $13 billion for Pemex projects in 2025Mixed contracts to boost production by 450,000 bpdPemex plans to reduce crude oil exports by 2035Pemex's debt at $99 billion, aims to reduce to $77.3 billion by 2030By Ana Is...Reuters
Tue, Aug 5
Other
Bank of Canada to auction C$28 billion of T-bills on August 12
Aug 5 (Reuters) - BANK OF CANADA TO AUCTION C$28 BILLION OF T-BILLS ON AUGUST 12, FINAL CALL FOR TENDERS SHOWSBANK OF CANADA TO SELL C$16.4 BILLION 98-DAY T-BILLS, C$5.8 BILLION 182-DAY T-BILLS, C$5.8 BILLION 364-DAY T-BILLSSource text: https://www.bankofcanada.ca/markets/government-securities-aucti...Reuters
Tue, Aug 5
Commodities
CBOT soybeans end lower on demand concerns
CHICAGO, Aug 5 (Reuters) - Chicago Board of Trade soybean futures ended lower after chopping up and down on Tuesday, supported by larger-than-expected weekly U.S. export inspections, though a lack of Chinese demand weighed on the marketThe U.S. Department of Agriculture rated 69% of the soybean crop...Reuters
Tue, Aug 5
Other
Clay valued at $3.1 billion in latest fundraise as AI continues to run hot
By Ateev Bhandari Aug 5 (Reuters) - AI startup Clay's valuation more than doubled in about three months to $3.1 billion in its latest funding round, as investors continue to pour money into artificial intelligence companies. Clay operates an AI-centered platform to automate sales and marke...Reuters
Tue, Aug 5
Stocks
Vericel Q2 Revenue Jumps 20%
Key PointsVericel’s Q2 2025 revenue (GAAP) rose 20% year-over-year, but missed GAAP revenue expectations by $1.28 million.MACI cartilage repair franchise achieved record revenue in Q2 2025; gross margin expanded by 4 percentage points to 74%.Adjusted EBITDA (non-GAAP) more than doubled to $13.4 mill...The Motley Fool
Tue, Aug 5
