News Archive

August 2, 2026Connected

29 storiesLast updated: 1:23:09 PM

Stocks

StocksBearishUpdated×2

Semiconductor Stocks Plunge 21% in July, Worst Monthly Performance Since 2008

Key Facts

•The Philadelphia Stock Exchange Semiconductor Index (SOX) plunged 21% in July.
•This monthly decline for the chip sector is the worst since October 2008.

Impact:

8/10

SOX

2 months ago

Central Banks

Central BanksMixedUpdated×2

Fed Division Pushes Treasury Yields to 2007 Highs as S&P 500 Rebounds

Key Facts

•The Federal Reserve held interest rates steady with three policymakers favoring a hike.
•The 30-year Treasury yield reached its highest level since 2007 following the meeting.
•The S&P 500 rebounded 1.1% despite the divided Fed and debate over the rate path.

Impact:

7/10

2 months ago

Macro Economy

Macro EconomyBearishUpdated×2

Greg Walter's Insurers Under Probe Over Millions Paid to Egan-Jones

Key Facts

•Insurers controlled by billionaire investor Greg Walter paid millions of dollars to credit rating provider Egan-Jones.
•Walter faces a wide-ranging probe into the private credit holdings of insurers he controls.

Impact:

6/10

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Prysmian Nears $2.5 Billion Acquisition of Atkore

Key Facts

•Prysmian is reportedly nearing a $2.5 billion deal to acquire Atkore.

Impact:

6/10

PRYMY

2 months ago

Commodities

CommoditiesBearishUpdated

OPEC+ Agrees in Principle to Raise September Oil Output

Key Facts

•OPEC+ agreed in principle to raise oil output targets by about 188,000 barrels per day from September, according to a source familiar with the talks.
•The preliminary agreement includes pausing any further output increases during the fourth quarter.

Impact:

6/10

2 months ago

CommoditiesBearishUpdated

OPEC and Allies Raise Oil Output for Sixth Straight Time

Key Facts

•OPEC and its allies increased oil output for the sixth consecutive time, according to The Wall Street Journal.
•The alliance is nearing the end of its production-increase cycle, with potentially difficult talks over future quotas ahead.

Impact:

6/10

2 months ago

Geopolitics

GeopoliticsBearish

US General Warns of Destroyer Shortage for Israel's Defense Against Iran

Key Facts

•The head of US European Command notified the Pentagon of insufficient naval units to protect Israel against potential Iranian strikes.
•US destroyers in the region face maintenance issues and a shortage of costly missile interceptor stocks.

Impact:

6/10

2 months ago

Crypto

CryptoBearishUpdated×7

Coldcard Wallet Exploit Losses Surge to $89 Million in Third Wave of Attacks

Key Facts

•Losses from the Coldcard firmware exploit have risen to approximately 1,367 BTC, valued at nearly $89 million.
•Galaxy Research confirmed a third wave of thefts targeting 1,912 additional addresses between July 31 and August 1.
•Attackers shifted tactics in the third wave, using separate P2WSH vaults to obscure the trail of stolen funds.

Impact:

6/10

BTC

2 months ago

August 2, 2026Connected

29 storiesLast updated: 1:23:09 PM

Stocks

StocksBearishUpdated×2

Semiconductor Stocks Plunge 21% in July, Worst Monthly Performance Since 2008

Key Facts

•The Philadelphia Stock Exchange Semiconductor Index (SOX) plunged 21% in July.
•This monthly decline for the chip sector is the worst since October 2008.

Impact:

8/10

SOX

2 months ago

Central Banks

Central BanksMixedUpdated×2

Fed Division Pushes Treasury Yields to 2007 Highs as S&P 500 Rebounds

Key Facts

•The Federal Reserve held interest rates steady with three policymakers favoring a hike.
•The 30-year Treasury yield reached its highest level since 2007 following the meeting.
•The S&P 500 rebounded 1.1% despite the divided Fed and debate over the rate path.

Impact:

7/10

2 months ago

Macro Economy

Macro EconomyBearishUpdated×2

Greg Walter's Insurers Under Probe Over Millions Paid to Egan-Jones

Key Facts

•Insurers controlled by billionaire investor Greg Walter paid millions of dollars to credit rating provider Egan-Jones.
•Walter faces a wide-ranging probe into the private credit holdings of insurers he controls.

Impact:

6/10

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Prysmian Nears $2.5 Billion Acquisition of Atkore

Key Facts

•Prysmian is reportedly nearing a $2.5 billion deal to acquire Atkore.

Impact:

6/10

PRYMY

2 months ago

Commodities

CommoditiesBearishUpdated

OPEC+ Agrees in Principle to Raise September Oil Output

Key Facts

•OPEC+ agreed in principle to raise oil output targets by about 188,000 barrels per day from September, according to a source familiar with the talks.
•The preliminary agreement includes pausing any further output increases during the fourth quarter.

Impact:

6/10

2 months ago

CommoditiesBearishUpdated

OPEC and Allies Raise Oil Output for Sixth Straight Time

Key Facts

•OPEC and its allies increased oil output for the sixth consecutive time, according to The Wall Street Journal.
•The alliance is nearing the end of its production-increase cycle, with potentially difficult talks over future quotas ahead.

Impact:

6/10

2 months ago

Geopolitics

GeopoliticsBearish

US General Warns of Destroyer Shortage for Israel's Defense Against Iran

Key Facts

•The head of US European Command notified the Pentagon of insufficient naval units to protect Israel against potential Iranian strikes.
•US destroyers in the region face maintenance issues and a shortage of costly missile interceptor stocks.

Impact:

6/10

2 months ago

Crypto

CryptoBearishUpdated×7

Coldcard Wallet Exploit Losses Surge to $89 Million in Third Wave of Attacks

Key Facts

•Losses from the Coldcard firmware exploit have risen to approximately 1,367 BTC, valued at nearly $89 million.
•Galaxy Research confirmed a third wave of thefts targeting 1,912 additional addresses between July 31 and August 1.
•Attackers shifted tactics in the third wave, using separate P2WSH vaults to obscure the trail of stolen funds.

Impact:

6/10

BTC

2 months ago

StocksBullish

Berkshire Hathaway Boosts Alphabet Stake with Major Investment and Private Placement

Key Facts

•Berkshire Hathaway purchased approximately 40 million shares of Alphabet in the first quarter of 2026.
•The company made an additional $10 billion investment in Alphabet through a private placement in June.

Impact:

6/10

GOOGL GOOG

2 months ago

StocksMixedUpdated

Capital One closed Trump Organization accounts after AML probe

Key Facts

•Capital One said it closed the Trump Organization's accounts following an anti-money-laundering probe, marking the first formal link by a bank between such concerns and Trump's family business.

Impact:

6/10

2 months ago

StocksBearishUpdated

Myriad Genetics Shares Plunge 45% After Slashed 2026 Revenue Outlook

Key Facts

•Myriad Genetics stock plunged 45.72% after slashing its 2026 revenue outlook to $770M-$790M from $860M-$880M.
•TD Cowen lowered its price target to $4 citing weak performance and increased payer friction.

Impact:

6/10

MYGN

2 months ago

StocksBullishUpdated

Pearson plc Beats Q2 2026 Earnings and Revenue Estimates on Strong Assessment Growth

Key Facts

•Pearson reported earnings per share of $0.39, exceeding the expected $0.36.
•The company reported revenue of $2.39 billion, surpassing consensus estimates of $2.35 billion.
•Adjusted operating profit grew 14% to £276 million, driven by assessments and virtual schools.

Impact:

5/10

PSO

2 months ago

StocksBullishUpdated×2

Morgan Stanley IPO work lifts wealth inflows to $74 billion

Key Facts

•Morgan Stanley generated a $74 billion second-quarter haul in wealth management assets, supported by its underwriting of SpaceX and other new issues.

Impact:

5/10

MS SPCX

2 months ago

StocksBullishUpdated

Emirates NBD to Acquire HSBC Egypt's Retail Banking Business

Key Facts

•Emirates NBD has agreed to acquire HSBC Egypt's retail banking and wealth management business.

Impact:

5/10

0005.HK

2 months ago

StocksBullishUpdated

Dynex Capital Becomes Third-Largest Agency mREIT as Portfolio Hits $27.6B

Key Facts

•Dynex Capital's portfolio fair value reached $27.6 billion in Q2 2026, an 11% increase from Q1.

Impact:

5/10

2 months ago

StocksBullish

Synchrony Financial Boosts Dividends and Issues $1.1B Debt Amid 2026 Guidance Update

Key Facts

•Synchrony Financial completed two fixed-to-floating rate note offerings totaling $1.10 billion.
•The company updated its full-year 2026 earnings guidance to $9.25–$9.50 per diluted share.
•The company increased its quarterly dividend to $0.34 per share and announced further share repurchases.

Impact:

5/10

SYF

2 months ago

StocksBullish

Halliburton Q2 Earnings Beat Expectations Amid Continued Share Buybacks

Key Facts

•Halliburton reported strong Q2 2026 results with increases in sales, net income, and earnings per share.
•The company is continuing its share buyback strategy to boost per-share results amid international growth opportunities.

Impact:

5/10

HAL

2 months ago

StocksBullish

EPAM Systems Stock Surges 17.5% on Strategic OpenAI Partnership for Enterprise AI

Key Facts

•EPAM Systems stock rose 17.5% after announcing a partnership with OpenAI to integrate AI solutions for Global 2000 enterprises.
•The company plans to certify over 5,000 consultants in OpenAI-related skills as part of a workforce transformation.

Impact:

5/10

EPAM

2 months ago

StocksMixed

ArcelorMittal H1 2026 Results: Revenue Beats Estimates Despite Earnings Miss

Key Facts

•ArcelorMittal reported revenue of $32.25 billion for the first half of 2026, significantly beating analyst estimates.
•Earnings per share (EPS) came in at $0.89, missing the consensus analyst estimate of $1.18.
•Deutsche Bank raised its price target for ArcelorMittal to $75.00 following the report.

Impact:

5/10

2 months ago

StocksBullish

Hexcel Shares Climb as Q2 Earnings Beat Estimates and Annual Guidance Rises

Key Facts

•Hexcel reported revenue of $529.3 million and adjusted EPS of $0.66, exceeding analyst expectations.
•The company raised its full-year sales forecast to a range of $2.025 billion to $2.125 billion.
•Jefferies raised its price target for Hexcel to $110 from $105 while maintaining a Hold rating.

Impact:

5/10

HXL

2 months ago

StocksBearishUpdated

WestJet Flight Attendants Strike Disrupts Summer Travel Amid Labor Dispute

Key Facts

•WestJet flight attendants have commenced a strike action, leading to disruptions in summer travel schedules.

Impact:

5/10

2 months ago

StocksNeutralUpdated

SpaceX Faces First Post-IPO Earnings Test Amid Starship Technical Hurdles

Key Facts

•Investors are preparing to gauge progress on Starship and Starlink through SpaceX's first public earnings report.
•Bloomberg reported major technical hurdles remain for Starship despite progress in recent testing.

Impact:

5/10

SPCX

2 months ago

StocksMixedUpdated×2

Beta Bionics beats Q2 estimates on revenue and narrower loss

Key Facts

•Beta Bionics reported Q2 2026 EPS of -$0.36, beating estimates by $0.20.
•Beta Bionics reported Q2 2026 revenue of $32.01 million, up 37.76% year over year and $533.03K above expectations.

Impact:

5/10

BBNX

2 months ago

StocksBullish

Google DeepMind Unveils Gemini Robotics 2 AI Models for Robotics

Key Facts

•Google DeepMind unveiled three AI models providing robots with whole-body control, sharper manipulation, and collaborative capabilities.

Impact:

5/10

GOOGL

2 months ago

StocksBearishUpdated×2

MicroStrategy Adopts Bitcoin Sales Framework After Multi-Billion Dollar Loss

Key Facts

•MicroStrategy adopted a new framework permitting selective Bitcoin monetization to fund reserves, dividends, interest, and share repurchases.

Impact:

5/10

0A7O.L BTC

2 months ago

Mergers & AcquisitionsNeutralUpdated

Holcim sells nearly 68% Philippines stake to Huaxin for $527 million

Key Facts

•Holcim said it will sell a nearly 68% stake in its Philippines business to China's Huaxin Building Materials for $527 million.

Impact:

5/10

HCMLF

2 months ago

CommoditiesBearish

OPEC+ Completes Planned Production Hike, Evaluates Further Supply Increases

Key Facts

•OPEC+ has finalized its planned oil production increase and is considering further supply expansions.
•The consideration for larger supply increases follows geopolitical tensions related to the Iran conflict.

Impact:

5/10

2 months ago

CommoditiesBullish

OPEC+ Tightens Production Oversight to Ensure Global Oil Market Stability

Key Facts

•OPEC+ announced updated plans for oil production compensation by member countries to ensure market stability.

Impact:

5/10

2 months ago

CryptoBullish

Morgan Stanley Launches Spot Ethereum and Solana ETFs

Key Facts

•Morgan Stanley launched spot crypto ETFs for Ethereum and Solana to expand investor access to digital assets.

Impact:

5/10

0QYU.L BTC ETH SOL

2 months ago