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Commodities
Phillips 66 beats second-quarter profit estimates
July 25 (Reuters) - Refiner Phillips 66 PSX.N beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins.The company reported an adjusted profit of $2.38 per share for the three months ended June 30, compared with analysts' average estimate of $1.71 per sha...Reuters
Fri, Jul 25
Commodities
Temporary reduction in Oil exports from Kazakhstan – Commerzbank
There was uncertainty once again this week about Oil supplies from Kazakhstan. This time, however, it was not about production levels, which are significantly higher than those agreed under the OPEC+ agreement, but about Oil exports.
Fxstreet
Fri, Jul 25
Cryptocurrencies
Ark Invest offloads $12M of Coinbase, opens new $47M Tesla position
Cathie Wood’s Ark Invest is once again reshuffling its innovation-heavy portfolio. The fresh trading disclosure shows that this time, it decided to offload Coinbase while reloading on Tesla and Bitmine. This suggests Wood might be cutting the exposure from crypto-related names and betting on electric vehicles, satellite tech, and treasury platforms to rise. On Thursday, […]Cryptopolitan
Fri, Jul 25
Stocks
Centene Corp reports results for the quarter ended June 30 - Earnings Summary
Centene Corp CNC.N reported a quarterly adjusted loss of 16 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.42. The mean expectation of nineteen analysts for the quarter was for earnings of 86 cents per share. Wall Street e...Reuters
Fri, Jul 25
Other
Castle Biosciences’ Founder, President And CEO Derek Maetzold Named A Most Admired CEO By The Houston Business Journal
July 25 (Reuters) - Castle Biosciences Inc CSTL.O:CASTLE BIOSCIENCES’ FOUNDER, PRESIDENT AND CEO DEREK MAETZOLD NAMED A MOST ADMIRED CEO BY THE HOUSTON BUSINESS JOURNALReuters
Fri, Jul 25
Stocks
Flagstar Financial Inc reports results for the quarter ended June 30 - Earnings Summary
Flagstar Financial Inc FLG.N reported a quarterly adjusted loss of 14 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.05. The mean expectation of seventeen analysts for the quarter was for a loss of 13 cents per share. Wa...Reuters
Fri, Jul 25
Cryptocurrencies
Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic
Bitcoin is making its first meaningful move since breaking its all-time highs and reaching the $123,000 level. After consolidating in a tight range for nearly two weeks, the price is now pulling back toward $115,000—marking a 6% decline from recent highs. While this retracement has stirred caution a...NewsBTC
Fri, Jul 25
Stocks
Uber Just Made a Huge Investment in Its Robotaxi Future. Here's What Investors Need to Know.
Key PointsUber just allied with EV maker Lucid and autonomous vehicle technology start-up Nuro.The partnership will help give the company more control over its destiny as the world slowly shifts to robotaxis.It's a bold move that comes with some risk, but a smart one to have made. 10 stocks we like ...The Motley Fool
Fri, Jul 25
Other
Meta to halt political advertising in EU from October, blames EU rules
By Foo Yun Chee BRUSSELS, July 25 (Reuters) - Meta Platforms META.O will end political, electoral, social issue advertising on its platform in the European Union in early October because of the legal uncertainties due to EU rules targeting political advertising, the U.S. social media company said...Reuters
Fri, Jul 25
Other
Tesla beats Chinese rivals in some driving assisted tests, say China state media, Bytedance
Tesla scores best in Chinese highway test of assisted drivingChinese rivals Xiaomi, Huawei and BYD lag behind in the testMusk reposted "the top results"Chinese brands urged to face up to gap BEIJING, July 25 (Reuters) - Billionaire Elon Musk's Tesla TSLA.O outperformed Chinese riv...Reuters
Fri, Jul 25
Other
Cristian Massacesi, M.D., Joins Bristol Myers Squibb As Executive Vice President, Chief Medical Officer And Head Of Development
July 25 (Reuters) - Bristol-Myers Squibb Co BMY.N:CRISTIAN MASSACESI, M.D., JOINS BRISTOL MYERS SQUIBB AS EXECUTIVE VICE PRESIDENT, CHIEF MEDICAL OFFICER AND HEAD OF DEVELOPMENTReuters
Fri, Jul 25
Commodities
GLOBAL LNG-Asian spot prices slip to ten-week low on tepid demand, rising supply
By Emily Chow SINGAPORE, July 25 (Reuters) - Asian spot liquefied natural gas (LNG) prices slipped for a second consecutive week to a ten-week low, weighed down by tepid demand and increasing supply from new projects. The average LNG price for September delivery into north-east Asia LNG-AS was at...Reuters
Fri, Jul 25
Other
Morning News Call - U.S., July 25
To access a PDF version of this newsletter, please click here You can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page For Morning Ne...Reuters
Fri, Jul 25
Commodities
SPECIAL REPORT-Musk ordered shutdown of Starlink satellite service as Ukraine retook territory from Russia
Musk's order disrupted Ukraine's 2022 counteroffensiveStarlink's outage caused communication blackouts for Ukrainian troopsMusk's geopolitical influence raises concerns among regulators and lawmakersBy Joey Roulette, Cassell Bryan-Low and Tom Balmforth KYIV, July 25 (Reuters) - Du...Reuters
Fri, Jul 25
Stocks
Sarepta falls as EU regulator does not recommend approval of gene therapy
** Shares of drugmaker Sarepta Therapeutics SRPT.O fall 13% to $11.21 premarket** Europe's medicines regulator says it did not recommend the approval of SRPT's gene therapy Elevidys for a type of rare muscular dystrophy** EU committee's negative opinion comes as yet another setback for c...Reuters
Fri, Jul 25
