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Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a...Reuters
Tue, Jul 8
Other
Aehr Test Systems misses Q4 revenue estimates
OverviewAehr Test Systems reports fiscal Q4 net revenue of $14.1 mln, missing expectations, per LSEG dataCo expands into AI processors and gallium nitride (GaN) semiconductors for future growthMaintains "cautious approach" due to tariff-related uncertaintyOutlookCo anticipates order growth a...Reuters
Tue, Jul 8
Other
Restaurant chain Kura Sushi's Q3 sales beat estimates
OverviewKura Sushi fiscal Q3 sales rise to $74 mln, beating analyst expectations, per LSEG dataAdjusted EPS for fiscal Q3 beats consensus, reflecting strong operational performanceCompany opened three new restaurants, contributing to growth strategyOutlookCompany forecasts fiscal year 2025 sales of ...Reuters
Tue, Jul 8
Other
RxSight expects preliminary Q2 revenue down 4%
OverviewRxSight's preliminary Q2 2025 revenue expected to be down 4% yr/yr, missing analyst expectations, per LSEG dataCompany revises 2025 revenue guidance downward, gross margin guidance upwardSale of Light Delivery Devices decreased 45% compared to Q1 2025OutlookRxSight revises 2025 revenue g...Reuters
Tue, Jul 8
Other
Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
By Elisa Anzolin and Juby Babu July 8 (Reuters) - Meta Platforms META.O has acquired a nearly 3% stake in eyewear maker EssilorLuxottica ESLX.PA, a source told Reuters on Tuesday, amid growing consumer interest in AI-powered wearable devices. Sprucing up its wearable technology with artificial-i...Reuters
Tue, Jul 8
Commodities
French intelligence chief: no certainty on whereabouts of Iran's uranium stocks
PARIS, July 8 (Reuters) - France's intelligence chief said on Tuesday that all aspects of Iran's nuclear program have been pushed back several months after American and Israeli air strikes, but there is uncertainty over where its highly-enriched uranium stocks are. "The Iranian nuclear p...Reuters
Tue, Jul 8
Other
FACTBOX-How Trump's tax cuts affect federal student aid
By Nicole Jeanine Johnson July 8 (Reuters) - U.S. President Donald Trump's new tax and spending measures, which he signed into law on Friday, will hit some students in their pocketbooks when it comes to federal financial aid. The law will affect the amount that students and their families...Reuters
Tue, Jul 8
Other
Trump criticizes Putin after approving more weapons for Ukraine
Trump criticizes Putin, says his statements 'meaningless'Trump says he is considering Senate bill on Russia sanctionsUkraine's Zelenskiy calls for intensified contacts to secure U.S. arms suppliesBy Andrea Shalal and Jeff Mason WASHINGTON, July 8 (Reuters) - President Donald Trump sai...Reuters
Tue, Jul 8
Other
Aritzia Inc expected to post earnings of 38 cents a share - Earnings Preview
Aritzia Inc ATZ.TO is expected to show a rise in quarterly revenue when it reports results on July 10 for the period ending May 31 2025The Vancouver British Columbia-based company is expected to report a 28.1% increase in revenue to C$638.755 million from C$498.63 million a year ago, according to...Reuters
Tue, Jul 8
Other
Vista Energy SAB de CV expected to post earnings of $1.20 a share - Earnings Preview
Vista Energy SAB de CV VIST.N, VIST.K is expected to show a rise in quarterly revenue when it reports results on July 10 for the period ending June 30 2025The Miguel Hidalgo Mexico, D.f.-based company is expected to report a 50.5% increase in revenue to $597.137 million from $396.72 million a year...Reuters
Tue, Jul 8
Other
Levi Strauss & Co expected to post earnings of 13 cents a share - Earnings Preview
Levi Strauss & Co LEVI.N, LEVI.K is expected to show a fall in quarterly revenue when it reports results on July 10 for the period ending May 31 2025The San Francisco California-based company is expected to report a 5.2% decrease in revenue to $1.366 billion from $1.44 billion a year ago, acco...Reuters
Tue, Jul 8
Other
E2open Parent Holdings Inc expected to post earnings of 4 cents a share - Earnings Preview
E2open Parent Holdings Inc ETWO.N, ETWO.K is expected to show a fall in quarterly revenue when it reports results on July 10 for the period ending May 31 2025The Addison Texas-based company is expected to report a 1.5% decrease in revenue to $148.92 million from $151.16 million a year ago, accordi...Reuters
Tue, Jul 8
Stocks
US STOCKS-Wall St stocks end lower as investors look for tariff clarity
By Sinéad Carew and Pranav Kashyap July 8 (Reuters) - The S&P 500 ended Tuesday's choppy session slightly lower as investors yearned for clarity on U.S. trade policy after President Donald Trump's latest tariff threats dampened hopes around talks with some trade partners.Wall Street e...Reuters
Tue, Jul 8
Cryptocurrencies
Bitcoin Price Crash To $92,000 Or New ATHs? Analyst Explains The 2 Options
Bitcoin’s recent price action is holding firm above the $108,000 level despite a string of minor pullbacks in recent trading sessions. Notably, CoinGecko data shows that the Bitcoin price has climbed to an intraday high of $109,116, but it wasn’t able to hold above and has retreated slightly l...NewsBTC
Tue, Jul 8
Cryptocurrencies
XRP’s Prospects Of A Surge To $2.60 Strengthen As Key Chart Pattern Takes Shape
Despite recent volatility and sharp pullbacks, XRP, the third-largest crypto asset, has strongly maintained its position above the $2 price mark. With multiple indicators flashing bullish signals, the altcoin’s ongoing upward action may extend toward higher price levels in the upcoming days. A...Bitcoinist
Tue, Jul 8
Cryptocurrencies
Solana (SOL) Price Eyes 200% Rally as Staking ETF Creates Fresh Momentum, But Mutuum Finance (MUTM) Might Soar 2,000%
In a week filled with optimistic news, lots of attention may be on Solana (SOL) as it teases a potential 200% price rally fueled by the recent launch of staking ETF, but a lesser-known coin, Mutuum Finance (MUTM), is quietly stealing the spotlight. MUTM has sold more than 60% of presale stage 5 at $0.03. […]Cryptopolitan
Tue, Jul 8
Other
US FTC demands better policing of 'Made in USA' online sales claims
By Jonathan Stempel July 8 (Reuters) - The U.S. Federal Trade Commission on Tuesday called on Amazon.com AMZN.O and Walmart WMT.N to crack down on third-party sellers that make deceptive "Made in USA" claims on the retailing giants' online marketplaces.In letters to Amazon and Walmart...Reuters
Tue, Jul 8
Commodities
ICE canola futures rebound on vegoils strength
WINNIPEG, Manitoba, July 8 (Reuters) - ICE canola futures rebounded on Tuesday from sharp losses on Monday, picking up strength from other vegoils.• November canola RSX5 settled up $7.30 at $704.10 per metric ton. Other new crop contracts rose a similar amount or slightly more. • Significant rains o...Reuters
Tue, Jul 8
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