News
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US Senate confirms Trump nominee Susan Monarez as CDC director
Monarez distances herself from Kennedy's vaccine views during confirmationShe will lead CDC amid measles outbreak and budget cutsKennedy's influence on CDC vaccine decisions raises concernsBy Ahmed Aboulenein WASHINGTON, July 30 (Reuters) - The U.S. Senate voted on Tuesday night 51-47 alo...Reuters
Wed, Jul 30
Cryptocurrencies
Public companies are moving away from holding Bitcoin passively
Public companies are no longer sitting on their Bitcoin and waiting. They’re putting it to work. More than 160 listed firms have now stacked up over 300,000 Bitcoin. But instead of just holding, they’re chasing yield. They’re lending, staking, writing options, and even buying NFTs to squeeze every bit of value out of their crypto. […]Cryptopolitan
Wed, Jul 30
Stocks
Old Dominion hits two-year low after Q2 revenue and profit miss estimates
** Shares of Old Dominion Freight Line ODFL.O fall about 10% to $147 in early trading, hitting a two-year low** Co posts Q2 revenue of $1.41 bln below analysts' avg. estimates of $1.42 bln according to data compiled by LSEG** ODFL also reports Q2 profit of $1.27 per share, as compared to estimat...Reuters
Wed, Jul 30
Other
KKR partners with Capital Group to launch fund blending public and private equity
By Niket Nishant July 30 (Reuters) - KKR KKR.N and Capital Group will launch a fund that will give investors exposure to both private and public equity, the investment firms said on Wednesday, as appetite rises for diversification beyond traditional assets.The fund, called Capital Group KKR U.S....Reuters
Wed, Jul 30
Other
Sprout Social Acquires Newswhip For Deal Valued At $55 Mln
July 30 (Reuters) - Sprout Social Inc SPT.O:SPROUT SOCIAL ACQUIRES NEWSWHIP, ENHANCING PREDICTIVE INTELLIGENCE CAPABILITIES AND ACCELERATING AI ROADMAPSPROUT SOCIAL INC - NEWSWHIP ACQUISITION VALUED AT $55 MILLIONSPROUT SOCIAL: NEWSWHIP ACQUISITION INCLUDES UP TO $10 MILLION IN PERFORMANCE-BASED CAS...Reuters
Wed, Jul 30
Commodities
CORRECTED-Argentine exporter to ship corn to Vietnam in August, maritime agency says
BUENOS AIRES, July 29 (Reuters) - Argentine exporter ACA will ship 24,718 metric tons of corn to Vietnam from one of its terminals in the port area of Quequen, according to data from local shipping agency NABSA seen by Reuters on Tuesday.Argentina is the world's third-largest corn exporter.Reuters
Wed, Jul 30
Other
Coastal Chile, Galapagos Islands evacuate as tsunami warnings rattle Pacific
SANTIAGO/QUITO, July 30 (Reuters) - Authorities ordered evacuations on Ecuador and Chile's Pacific islands on Wednesday, after a massive earthquake triggered tsunami warnings across the Pacific Ocean. Residents and tourists on Chile's Easter Island, located some 3,700 km (2,300 miles) off So...Reuters
Wed, Jul 30
Stocks
3 Reasons to Buy Roku Before Thursday's Close, 1 Reason to Sell
Key PointsRoku reports its second-quarter numbers after Thursday's market close. A clear path to profitability, improving guidance, and rising partnership prospects can make it a strong performance.Roku stock has still initially stumbled after posting financial results -- more often than not -- over...The Motley Fool
Wed, Jul 30
Stocks
Natgas companies fall as production rises, demand softens
** Shares of U.S. natural gas companies down, tracking a fall in natgas futures NGA/** U.S. natgas futures NGc1 down 3.3% at $3.03 per million British thermal unit, after hitting their highest level since July 23 earlier in the session** Natural gas prices fell as higher production and forecasts for...Reuters
Wed, Jul 30
Cryptocurrencies
JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up
JPMorgan, Coinbase open crypto access for credit card holdersMove highlights growing mainstream traction for digital assetsCrypto exchange's shares rise 3%By Manya Saini July 30 (Reuters) - U.S. banking giant JPMorgan JPM.N partnered with Coinbase COIN.O on Wednesday to allow customers to fun...Reuters
Wed, Jul 30
Stocks
First Capital EPS Jumps 33% in Q2
Key PointsEarnings per share (GAAP) rose 32.9% to $1.13 compared to Q2 2024, driven by higher net income and improved margins.Tax-equivalent net interest margin (non-GAAP) expanded by 0.44 percentage points to 3.59%.The quarterly dividend increased 7.4% to $0.29 per share compared to Q2 2024.These 1...The Motley Fool
Wed, Jul 30
Other
Five Point Infrastructure In Talks To Sell Northwind Midstream For About $2.3 Billion To MPLX LP- Bloomberg News
July 30 (Reuters) - FIVE POINT INFRASTRUCTURE IS IN TALKS TO SELL NORTHWIND MIDSTREAM PARTNERS FOR ABOUT $2.3 BILLION TO MPLX LP- BLOOMBERG NEWSSource text: https://tinyurl.com/mwm2upn7Reuters
Wed, Jul 30
Other
US Treasury keeps notes, bonds auction sizes steady, increases debt buybacks
US to sell $58 bln in three-year, $42 bln in 10-year notesUS to sell $25 bln in 30-year bondsUS Treasury to double frequency of buybacksUS Treasury to increase total buybacks to $38 bln per quarterUS refunding for Aug-Oct stays steady at $125 blnBy Gertrude Chavez-DreyfussNEW YORK, July 30 (Reuters)...Reuters
Wed, Jul 30
Commodities
Silver Price Forecast: XAG/USD tests key support at $37.50 ahead of Fed decision
Silver (XAG/USD) drifts lower on Wednesday, hovering around $37.50 after two days of muted, range-bound trading, pressured by renewed strength in the US Dollar (USD). The Greenback extended its rally after a string of stronger-than-expected US economic data, putting pressure on precious metals.
Fxstreet
Wed, Jul 30
Other
CORRECTED-Booking Holdings posts upbeat quarterly results on strong international bookings
July 29 (Reuters) - Online travel agency Booking Holdings BKNG.O beat Wall Street expectations for second-quarter profit and revenue on Tuesday, as international bookings offset weak travel spending in the U.S. Booking Holdings said it expects third-quarter revenue growth in the range of 7% to 9% an...Reuters
Wed, Jul 30
Other
FuelCell Energy And CGN-Yulchon Sign Fuel Cell Agreement
July 30 (Reuters) - FuelCell Energy Inc FCEL.O:FUELCELL ENERGY INC - CO AND CGN-YULCHON SIGN FUEL CELL AGREEMENTFUELCELL ENERGY INC - TO PROVIDE EIGHT FUEL CELL MODULES TO CGN-YULCHONFUELCELL ENERGY INC - SEVEN-YEAR AGREEMENT INCLUDES EXTENSION OPTIONReuters
Wed, Jul 30
Other
Fintech Ramp valued at $22.5 billion in late-stage funding round
By Arasu Kannagi Basil July 30 (Reuters) - Ramp has secured a valuation of $22.5 billion in a late-stage round, it said on Wednesday, marking a nearly 41% jump in just over a month as fintech funding rebounds after a years-long slump.The New York-based company — which offers corporate cards, paym...Reuters
Wed, Jul 30
