News
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Stocks
Domino's UK cuts profit forecast as labour costs climb, shares plunge 20%
CEO estimates additional employment costs "in the millions"See far fewer new store openings for year than previously thoughtShares set to log biggest-ever one-day percentage drop By Yamini Kalia Aug 5 (Reuters) - Britain's Domino's Pizza Group DOM.L cut its forecast for annual cor...Reuters
Tue, Aug 5
Stocks
“King of Knockoff Weight-Loss Drugs” Still Struggling — Hims & Hers Misses Revenue, Stock Drops 12% After Hours
TradingKey - Despite a 73% year-on-year revenue increase in Q2 2025 that highlights the growth potential of the digital health sector, Hims & Hers (HIMS), a high-profile player in the AI-driven telehealth space, continues to face mounting legal and operational challenges. The negative impact on its
TradingKey
Tue, Aug 5
Forex
USD/CHF moves above 0.8100 as US Dollar strengthens ahead of ISM PMI release
USD/CHF continues to gain ground for the second successive session, trading around 0.8110 during the European hours on Tuesday. The pair remains stronger as the US Dollar (USD) advances ahead of the release of US ISM Purchasing Managers Index (PMI) data due later in the day.
Fxstreet
Tue, Aug 5
Other
PRESS DIGEST- New York Times business news - August 5
Aug 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Switzerland's government said it will offer the U.S. a "more attractive" trade proposal to avoid a 39% tariff set to ta...Reuters
Tue, Aug 5
Stocks
Palantir (PLTR) Q2 Revenue Surges 48%
Key PointsGAAP revenue surged 48.0% year over year to $1.00 billion in Q2 2025, smashing expectations and demonstrating rapid acceleration in U.S. commercial growth, with revenue up 93% year-over-year and 20% quarter-over-quarter to $306 million.Adjusted non-GAAP EPS was $0.16, exceeding consensus b...The Motley Fool
Tue, Aug 5
Cryptocurrencies
XRP Price May Be ‘Controlled’ By This Market, Says Analyst
An independent market analyst who tracks on-chain order-flow data says South Korea’s Upbit exchange may now wield outsized influence over the spot price of XRP, the world’s fifth-largest crypto-asset by market capitalization. In a series of posts on X, the trader known as “Dom” (@traderview2) publis...NewsBTC
Tue, Aug 5
Economic Indicator
UK services sector orders fall by most since 2022, PMI shows
By David Milliken LONDON, Aug 5 (Reuters) - Businesses in Britain's services sector reported the biggest drop in new orders in July since November 2022 and cut staffing by the most in six months, according to a survey on Tuesday that may add to the Bank of England's worries about growth.B...Reuters
Tue, Aug 5
Cryptocurrencies
Crypto Giant Coinbase’s UK Ad Stirs Both Controversy And Applause—Details
US-based cryptocurrency exchange Coinbase recently launched a musical advertisement titled “Everything Is Fine,” which sparked mixed reactions due to its perceived criticism of the United Kingdom’s (UK) economic policies. According to CNBC, the two-minute musical satirizes the UK, ...Bitcoinist
Tue, Aug 5
Stocks
If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits
Key PointsMillions of adults rely on Social Security, but many don't know how much they'll receive in benefits.Checking your benefit amount is an easy way to help plan for the future.In some cases, it can also be helpful to see how your benefit compares to the average retiree's.The $23,760 Social Se...The Motley Fool
Tue, Aug 5
Economic Indicator
ISM Services PMI Preview: US services sector expected to expand in July
On Tuesday, the Institute for Supply Management (ISM) will unveil its July Services PMI, and analysts expect it to edge up to 51.5 from June’s 50.8. That would mark a second straight month of growth in the services sector — a sign of its resilience and a boost to confidence in the wider US economy.Fxstreet
Tue, Aug 5
Commodities
EU says it is close to final joint statement with U.S on framework trade deal
BRUSSELS, Aug 5 (Reuters) - The European Union (EU) is close to its final joint statement with the United States regarding their framework trade deal although no precise time can be given yet regarding when this will be published, said a senior EU official on Tuesday."It is pretty much ready and...Reuters
Tue, Aug 5
Stocks
2 Soaring Growth Stocks That Could Climb Another 15% to 20%, According to Wall Street Analysts
Key PointsO'Reilly Automotive and Genius Sports are two high-flying stocks that bucked the trend when the overall market tumbled recently.Wall Street analysts expect further gains from O'Reilly Automotive in the year ahead.Genius Sports shares are way up this year, but an analyst's price target suggThe Motley Fool
Tue, Aug 5
Stocks
Hims Shares Drop After Quarterly Sales Miss Wall Street’s Estimates
Hims & Hers Health Inc.’s shares dropped in premarket trading on Tuesday after the telehealth company missed second-quarter revenue estimates.The San Francisco-based company recorded sales of $545 million for the three months ended June 30, according to a statementTiger News
Tue, Aug 5
Other
Mazda forecasts nearly $1 billion profit hit from U.S. tariffs
TOKYO, Aug 5 (Reuters) - Mazda Motor 7261.T said on Tuesday it expects a 145.2 billion yen ($987.02 million) hit to its operating profit this business year due to U.S. import tariffs, as the Japanese automaker rolled out measures to cushion the impact.Reuters
Tue, Aug 5
