News Archive

August 3, 2026Connected

224 storiesLast updated: 11:33:22 AMPage 3 of 4

Stocks

StocksBullishUpdated

Italy's Ferragamo Swings to Profit as Q2 Sales Rise 4.6%

Key Facts

•Italian luxury brand Ferragamo swung to a net profit for the first half of the year.
•The company's sales grew by 4.6% at constant currencies during the second quarter.

Impact:

5/10

FERRAGAMO

2 months ago

Bonds

BondsBearishUpdated×2

US Treasury Raises Q3 Borrowing Estimate to $739 Billion

Key Facts

•The US Treasury raised its July-September borrowing estimate to $739 billion.

Impact:

5/10

2 months ago

Crypto

CryptoMixedUpdated×7

MicroStrategy Sells 1,638 Bitcoin to Fund Dividends and Share Buybacks

Key Facts

•MicroStrategy sold 1,638 Bitcoin for a total of $105 million.
•Proceeds from the sale will fund cash dividends and share buyback programs.

Impact:

5/10

BTC

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullishUpdated

Marex Group Finalizes Webb Traders Acquisition to Boost Equity Derivatives Market Making

Key Facts

•Marex Group announced the completion of its acquisition of Webb Traders, a specialist in equity derivatives market making.

Impact:

5/10

MRX

2 months ago

Geopolitics

GeopoliticsBearishUpdated×2

Middle East Oil Tanker Threats Hit Highest Levels Since Iran War Era

Key Facts

•Analysts state that current threats to oil tankers in the Middle East are the worst since the start of the Iran war.

Impact:

5/10

2 months ago

Commodities

CommoditiesBearishUpdated

Venezuela Oil Exports to U.S. Hit 2019 High Despite Stalled Investment Deals

Key Facts

•Major U.S. energy firms like ExxonMobil and Chevron are hesitant to commit to landmark deals in Venezuela due to historical and political risks.
•Venezuela's oil production has reached approximately 1.07 million barrels per day, though it remains a fraction of its historical peak.

Impact:

5/10

XOM CVX

2 months ago

Macro Economy

Macro EconomyBullishUpdated

Manufacturing Activity Rebounds in Australia and Japan During July

Key Facts

•Australia's manufacturing PMI rebounded to a six-month high of 52.0 in July.
•Japan's July manufacturing PMI was revised to 54.5.

Impact:

5/10

2 months ago

August 3, 2026Connected

224 storiesLast updated: 11:33:22 AMPage 3 of 4

Stocks

StocksBullishUpdated

Italy's Ferragamo Swings to Profit as Q2 Sales Rise 4.6%

Key Facts

•Italian luxury brand Ferragamo swung to a net profit for the first half of the year.
•The company's sales grew by 4.6% at constant currencies during the second quarter.

Impact:

5/10

FERRAGAMO

2 months ago

Bonds

BondsBearishUpdated×2

US Treasury Raises Q3 Borrowing Estimate to $739 Billion

Key Facts

•The US Treasury raised its July-September borrowing estimate to $739 billion.

Impact:

5/10

2 months ago

Crypto

CryptoMixedUpdated×7

MicroStrategy Sells 1,638 Bitcoin to Fund Dividends and Share Buybacks

Key Facts

•MicroStrategy sold 1,638 Bitcoin for a total of $105 million.
•Proceeds from the sale will fund cash dividends and share buyback programs.

Impact:

5/10

BTC

2 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullishUpdated

Marex Group Finalizes Webb Traders Acquisition to Boost Equity Derivatives Market Making

Key Facts

•Marex Group announced the completion of its acquisition of Webb Traders, a specialist in equity derivatives market making.

Impact:

5/10

MRX

2 months ago

Geopolitics

GeopoliticsBearishUpdated×2

Middle East Oil Tanker Threats Hit Highest Levels Since Iran War Era

Key Facts

•Analysts state that current threats to oil tankers in the Middle East are the worst since the start of the Iran war.

Impact:

5/10

2 months ago

Commodities

CommoditiesBearishUpdated

Venezuela Oil Exports to U.S. Hit 2019 High Despite Stalled Investment Deals

Key Facts

•Major U.S. energy firms like ExxonMobil and Chevron are hesitant to commit to landmark deals in Venezuela due to historical and political risks.
•Venezuela's oil production has reached approximately 1.07 million barrels per day, though it remains a fraction of its historical peak.

Impact:

5/10

XOM CVX

2 months ago

Macro Economy

Macro EconomyBullishUpdated

Manufacturing Activity Rebounds in Australia and Japan During July

Key Facts

•Australia's manufacturing PMI rebounded to a six-month high of 52.0 in July.
•Japan's July manufacturing PMI was revised to 54.5.

Impact:

5/10

2 months ago

StocksMixedUpdated

Modine Q1 Earnings: 90% Data Center Surge Offsets Revenue Miss

Key Facts

•Modine's fiscal Q1 earnings beat estimates driven by a 90% surge in data center sales.
•Revenues missed expectations as supply-chain pressures continued to squeeze margins.

Impact:

5/10

MOD

2 months ago

StocksBullishUpdated

APL Apollo Tubes Shares Surge 5.6% Following Strong Earnings Beat

Key Facts

•APL Apollo Tubes reported quarterly financial results that exceeded analyst expectations.
•The company's share price rose by 5.6% following the announcement of strong results.

Impact:

5/10

APL_APOLLO

2 months ago

StocksMixedUpdated×3

Twist Bioscience Reports Mixed Q3: Revenue Beats Estimates Despite Wider EPS Loss

Key Facts

•Twist Bioscience reported a GAAP EPS of -$0.56, missing analyst estimates by $0.08.
•The company's revenue reached $118.4M, beating expectations by $3.86M.

Impact:

5/10

TWST

2 months ago

StocksBullishUpdated×2

China's CXMT Plans Second Beijing Chip Plant to Boost Production Capacity

Key Facts

•CXMT is considering building a second memory-chip plant in Beijing's Yizhuang area to boost production capacity.
•The company is in financing talks with Beijing government-backed entities for at least 60 million yuan in support.
•The expansion projects aim to double the company's capacity to more than 600,000 wafers per month.

Impact:

5/10

CXMT

2 months ago

StocksBullishUpdated

Porch Group Q2 2026 Results Show 126% Insurance Segment Growth

Key Facts

•Porch Group reported 38% policy growth and 126% Insurance Services Adjusted EBITDA growth for Q2 2026.
•The company achieved 87% gross margins and 48% EBITDA margins, supported by proprietary inspection data.

Impact:

5/10

PRCH

2 months ago

StocksBearishUpdated×2

Short Interest in S&P 500 and Russell 3000 Hits Record Highs Amid Bearish Sentiment

Key Facts

•Short interest levels in the S&P 500 and Russell 3000 indices have reached new record highs.

Impact:

5/10

2 months ago

StocksMixedUpdated

Global EV Sales Rise 8% in June as Geely and Chery Hit Export Records

Key Facts

•Global electric car sales in June 2026 rose 8% YoY, reaching a 30% market share.
•Geely recorded record H1 2026 overseas NEV sales of 277,189 units, up 585% YoY.
•Chery Group H1 2026 NEV sales reached 475,238 units, up 32.3% YoY.

Impact:

5/10

0175.HK

2 months ago

StocksBearishUpdated

Marriott International Q2 Sales Hit by Middle East Geopolitical Tensions

Key Facts

•Marriott International stated that the conflict in Iran significantly dampened its second-quarter sales.

Impact:

5/10

MAR

2 months ago

StocksBullishUpdated×2

James Hardie Expands Distribution Network, Adding Six Regional Partners Alongside Boise Cascade

Key Facts

•Boise Cascade announced an expanded partnership to become the sole nationwide distributor of James Hardie's exterior building products.

Impact:

5/10

BCC

2 months ago

StocksBullishUpdated×4

Robinhood Plans Second Private Markets Fund with $200M US IPO Target

Key Facts

•Robinhood is planning to launch a second private markets fund targeting a $200 million US IPO.

Impact:

5/10

HOOD

2 months ago

StocksBullishUpdated

Interface Maintains Buy Rating After Revenue Growth and Raised 2026 Guidance

Key Facts

•Interface reported Q1 2026 revenue growth of 11.3% year-over-year to $331 million.
•Management raised full-year revenue guidance to a range of $1.45–$1.48 billion.

Impact:

5/10

TILE

2 months ago

StocksBullishUpdated

Prosperity Bancshares Beats Q2 2026 Earnings Expectations on Strong Acquisition Growth

Key Facts

•Prosperity Bancshares delivered Q2 2026 earnings and revenue beats, supported by strong market exposure.

Impact:

5/10

2 months ago

StocksMixed

Meta Platforms to Cut Wipro Outsourcing Volume by at Least 25%

Key Facts

•Meta Platforms has decided to reduce its outsourcing business with Wipro by at least 25%.

Impact:

5/10

META WIT

2 months ago

StocksBullishUpdated×2

RWS Shares Surge 11% Following Strategic Acquisition of Acolad

Key Facts

•RWS shares rose by more than 11% following the announcement of the acquisition of language provider Acolad.

Impact:

5/10

RWS

2 months ago

StocksNeutral

Sandoz Agrees to $450M Settlement to Resolve US Antitrust Litigation

Key Facts

•Swiss generic drugmaker Sandoz entered a $450 million settlement with 43 U.S. states to resolve anti-competitive conduct litigation.

Impact:

5/10

SDZNY

2 months ago

StocksNeutral

Sandoz to Pay $480M to Settle U.S. Generic Drug Antitrust Litigations

Key Facts

•Sandoz agreed to pay approximately $480 million to settle claims in the U.S. generic drug antitrust litigation.

Impact:

5/10

2 months ago

StocksBullish

India Proposes Tax Break Extension for Apple Suppliers Until 2041

Key Facts

•India proposed extending tax exemptions until 2041 for foreign companies providing machinery to contract manufacturers.

Impact:

5/10

AAPL

2 months ago

StocksBullish

NIO July Deliveries Surge 71% Amid Multi-Brand Expansion

Key Facts

•NIO reported a 71% surge in July deliveries, reaching 35,934 vehicles across its three brands.

Impact:

5/10

9866.HK

2 months ago

StocksBullish

XPeng July Deliveries Rise 4% as Cumulative Sales Top 1.2 Million Units

Key Facts

•XPeng delivered 38,027 electric vehicles in July 2026, representing a 4% year-over-year increase.
•Cumulative global sales for the company topped 1.2 million units as overseas expansion gathers speed.

Impact:

5/10

9868.HK

2 months ago

StocksBullish

Navigator Gas Secures $121.8M Financing for New Ammonia Carriers

Key Facts

•Subsidiaries of the Navigator Amon joint venture entered into a $121.8 million senior secured term loan with a syndicate of international lenders.
•The financing will fund the delivery of two 51,350 cbm ammonia-fuelled liquefied ammonia carriers currently under construction in China.
•The lending group includes ING Bank N.V., Société Générale, and Oversea-Chinese Banking Corporation Limited.

Impact:

5/10

GLE.PA OVCHF

2 months ago

StocksBullish

UBS Raises Bank of America Price Target to $70 Following Strong Q2 Earnings

Key Facts

•UBS raised its price target for Bank of America to $70 from $68.
•Bank of America reported Q2 2026 EPS growth of 34.4% to $1.22.
•Goldman Sachs added Bank of America to its August Conviction List of top stock picks.

Impact:

5/10

BAC GS

2 months ago

StocksBullish

Analysts Raise Forecasts for Chevron and Eaton Following Strong Q2 Earnings Beats

Key Facts

•Chevron reported adjusted EPS of $6.06 and total revenues of $70.06 billion for Q2 2026.
•Eaton raised its FY26 EPS guidance following record sales and strong demand.

Impact:

5/10

CVX ETN

2 months ago

StocksBullish

FDA Grants Breakthrough Therapy Status to Eli Lilly’s Olomorasib for Pancreatic Cancer

Key Facts

•The U.S. FDA granted Breakthrough Therapy designation to Eli Lilly's olomorasib for the treatment of advanced pancreatic cancer.

Impact:

5/10

LLY

2 months ago

StocksBullishUpdated

Ingersoll Rand Raises Full-Year Guidance Following Q2 Earnings Beat

Key Facts

•Ingersoll Rand acquired U.S.-based Lone Star Blower, Inc., a manufacturer of blowers and compressors.
•The acquisition is expected to add approximately $50 million in annual revenue to the Industrial Technologies and Services segment.
•The transaction was completed at a low-double digit pre-synergy purchase multiple of 2025 Adjusted EBITDA.

Impact:

5/10

2 months ago

StocksBullish

Granite Point Mortgage Trust Refinances Assets and Upsizes JPMorgan Facility

Key Facts

•Granite Point Mortgage Trust announced the refinance of assets from its two remaining CRE CLOs.
•The repurchase facility with JPMorgan Chase Bank was extended to July 2028 and upsized to $651 million.
•The refinancing is expected to decrease the weighted average cost of funds by approximately 38 basis points.

Impact:

5/10

0Q1F.L

2 months ago

StocksBearish

Samsung and SK Hynix Shares Slump in Seoul Amid Profit-Taking Wave

Key Facts

•Samsung Electronics shares fell 6.48% and SK Hynix lost 6.69% in Monday morning trading in Seoul.
•The Kospi index slid 4.25% as investors locked in profits following a record rebound on Friday.

Impact:

5/10

2 months ago

StocksBearish

Barclays Downgraded to Hold as Shares Slump 8.7% on Cost Concerns

Key Facts

•Barclays shares dropped 8.7% intraday following Q2 2026 results that disappointed the market.
•The group raised FY26 income targets, but this was insufficient to offset concerns regarding elevated costs.

Impact:

5/10

BCS BARC.L

2 months ago

StocksBearish

Beiersdorf Operations Disrupted in Gulf Markets Due to Regional Conflict

Key Facts

•Nivea-maker Beiersdorf stated that the Middle East conflict is disrupting both sales and deliveries in key Gulf markets.
•The disruptions highlight how geopolitical tensions continue to affect consumer-goods companies operating in the region.

Impact:

5/10

BDRFY

2 months ago

StocksBullish

Caesars and VICI Partner on Las Vegas Arena to Attract NBA Expansion

Key Facts

•Caesars Entertainment and VICI Properties are collaborating on plans to build a new, modern arena near the Las Vegas Strip.
•The new venue could potentially serve as the home for a future NBA expansion team in Las Vegas.

Impact:

5/10

VICI

2 months ago

StocksBullishUpdated

Amazon Hits $3T Milestone as Strong US Manufacturing Data Boosts Sentiment

Key Facts

•US ISM manufacturing data exceeded expectations, boosting confidence in economic activity.
•Amazon's market capitalization reached the $3 trillion milestone.

Impact:

5/10

AMZN

2 months ago

StocksBullish

Strong CNH Industrial Earnings Boost Agricultural Sector and Deere Stock

Key Facts

•CNH Industrial beat second-quarter estimates, sparking optimism regarding the current agricultural cycle.
•The strong financial report from CNH led to a boost in the stock of its competitor Deere & Company.

Impact:

5/10

2 months ago

StocksBullish

Nasdaq Rises as Amazon’s 15% Surge Offsets Apple Decline

Key Facts

•The Nasdaq jumped 1% driven by a 15% surge in Amazon shares following strong performance.
•Apple shares fell 7% as the Fear & Greed index improved slightly but remained in the 'Fear' zone.

Impact:

5/10

AMZN AAPL

2 months ago

StocksBullish

Intuitive Surgical and Corning Stocks Rally on AI Growth and Fundamental Strength

Key Facts

•Intuitive Surgical stock rose 5.70% driven by growth in robotic procedure volumes and AI integration.
•Corning stock climbed 6.76% following an upward revision in long-term financial guidance linked to AI infrastructure.

Impact:

5/10

0R29.L 0R2X.L

2 months ago

StocksBearishUpdated×3

SpaceX Sets August 4 for Inaugural Earnings Amid Starship and AI Cost Pressures

Key Facts

•SpaceX is preparing to release its first quarterly earnings report as a public company.
•A staggered insider lock-up release for SpaceX shares begins this week.

Impact:

5/10

SPCX

2 months ago

StocksBearishUpdated×2

TG Therapeutics Stock Falls 5% Despite Q2 Revenue Growth

Key Facts

•TG Therapeutics reported a year-over-year increase in revenue for the second quarter of 2026.
•The company's stock fell by 5% following the earnings announcement and subsequent conference call.

Impact:

5/10

TGTX

2 months ago

StocksBearishUpdated

PTC Therapeutics Shares Drop 11.5% Despite Raised 2026 Revenue Outlook

Key Facts

•PTC Therapeutics reported strong Q2 2026 revenue of $360.52 million and net income of $83.5 million.
•The company increased its full-year 2026 revenue outlook to a range of $1.18 billion to $1.28 billion.
•Company shares declined 11.47% weekly despite positive financial reports due to concerns over profitability sustainability.

Impact:

5/10

PTCT

2 months ago

StocksBullishUpdated×2

BYD July Sales Surge 22% as Global EV Demand Drives Export Growth

Key Facts

•BYD sales rose nearly 22% in July, driven by robust demand from international markets.

Impact:

5/10

1211.HK

2 months ago

StocksBearishUpdated

KOSPI Sinks 4% as AI Sector Selloff Hits Asian Markets

Key Facts

•South Korea's KOSPI index dropped 4% driven by a broad selloff in technology and AI-related stocks.

Impact:

5/10

2 months ago

StocksBullishUpdated

VivoPower Retires $28.8M Debt to Strengthen Balance Sheet

Key Facts

•VivoPower announced the full retirement of $28.8 million in shareholder debt principal owed to AWN Holdings.
•$16.5 million of the debt was retired via founder participation in a recently closed $50 million PIPE transaction.

Impact:

5/10

VIVO

2 months ago

StocksBullishUpdated×2

Quantum Computing Stocks Rally as D-Wave and IonQ Surge on Deal News

Key Facts

•D-Wave stock jumped 11% following a deal announcement with Nasdaq's Verafin.
•IonQ shares rose 9% after the SkyWater buyout, while Rigetti climbed 7%.

Impact:

5/10

D-Wave IonQ Rigetti

2 months ago

StocksMixedUpdated

MakeMyTrip Q1 Results Show Hospitality Growth Despite Aviation Headwinds

Key Facts

•MakeMyTrip reported growth in its hotels, packages, and ground transportation segments for fiscal Q1 2027.
•Air-ticketing trends were softer due to geopolitical disruptions, higher fuel costs, and elevated airfare levels.

Impact:

5/10

MMYT

2 months ago

StocksBullishUpdated

RBC Bearings Beats Q1 Estimates on Aerospace and Defense Strength

Key Facts

•RBC Bearings' fiscal first-quarter earnings and revenues exceeded analyst estimates.
•Growth in the aerospace sector and the VACCO unit helped lift margins and overall results.

Impact:

5/10

RBC

2 months ago

StocksBullishUpdated

DexCom Stock Surges 16.6% on Raised 2026 Revenue and Margin Outlook

Key Facts

•DexCom raised its full-year 2026 revenue guidance to between US$5.18 billion and US$5.25 billion.
•The company reported US$249.1 million in net income and US$1,308.4 million in revenue for the second quarter.
•Operating margin expectations were increased to a range of 23.5% to 24%.

Impact:

5/10

DXCM

2 months ago

StocksBullishUpdated

Indivior and CNH Industrial Post Strong Q2 Results, Raise Full-Year Guidance

Key Facts

•Indivior reported Q2 net revenue of $343 million, up 14% YoY, and raised its full-year 2026 financial guidance.
•CNH Industrial achieved consolidated revenues of $4.8 billion in Q2, up 2%, and narrowed its full-year guidance to the higher end.
•American Bitcoin Corp. grew its strategic reserve to over 8,000 Bitcoin following record quarterly production.

Impact:

5/10

INDV BTC

2 months ago

StocksBullishUpdated

Hess Midstream Beats Q2 Earnings Estimates and Reaffirms 2026 Guidance

Key Facts

•Hess Midstream reported EPS of $0.75, exceeding analyst estimates of $0.67.
•Company revenue reached $399 million in Q2, beating expectations of $396 million.
•The company reaffirmed its full-year 2026 financial and throughput guidance with a focus on shareholder returns.

Impact:

5/10

HESM

2 months ago

StocksBullishUpdated

Kosmos Energy Beats Q2 Estimates with Strong Revenue Growth

Key Facts

•Kosmos Energy reported Non-GAAP EPS of $0.11, beating analyst estimates by $0.02.
•The company's revenue reached $617.04M, surpassing expectations by $143.66M.

Impact:

5/10

KOS

2 months ago

CryptoBullishUpdated

HashKey Exchange Secures JPMorgan Approval for Client Money Accounts

Key Facts

•HashKey Exchange received approval to open client money accounts with JPMorgan.
•The move follows the exchange's launch of customer fund accounts with DBS Bank weeks prior.

Impact:

5/10

2 months ago

CryptoBearishUpdated

Verus Protocol Ethereum Bridge Exploited for $7.44 Million

Key Facts

•The Verus Protocol Ethereum cross-chain bridge was exploited, resulting in a $7.44 million drain of assets.
•Stolen assets included ETH, tBTC, various stablecoins, and MKR tokens.

Impact:

5/10

ETH

2 months ago

CryptoBullishUpdated

Bitwise Updates NEAR ETF Filing, Reveals Ticker NRR in SEC Submission

Key Facts

•Bitwise updated its S-1 filing for the NEAR ETF with the US SEC, moving closer to a potential launch.

Impact:

5/10

NEAR

2 months ago

Mergers & AcquisitionsBullishUpdated

Obsidian Therapeutics Finalizes Galera Merger and Secures $350M Funding

Key Facts

•Obsidian Therapeutics completed its previously announced transaction with Galera Therapeutics.
•The company closed a previously announced private placement of $350 million.
•The combined company will operate as Obsidian Therapeutics, Inc. and trade on Nasdaq.

Impact:

5/10

2 months ago

Mergers & AcquisitionsNeutralUpdated

Distribution Solutions Group to be Acquired by Controlling Shareholder for $35 Per Share

Key Facts

•Distribution Solutions Group agreed to be acquired by its controlling shareholder for $35.00 per share in cash.
•Law firm Julie & Holleman LLP is investigating the merger to determine if shareholders are receiving fair value.

Impact:

5/10

2 months ago

Mergers & AcquisitionsBullishUpdated×2

RWS Expands Global Footprint with Acquisition of Language Provider Acolad

Key Facts

•RWS announced the acquisition of language services provider Acolad.

Impact:

5/10

2 months ago

Mergers & AcquisitionsBullishUpdated

Global Business Travel Shareholders Approve Merger with Long Lake

Key Facts

•Global Business Travel Group stockholders approved the merger agreement with Long Lake during a special virtual meeting.
•The approval included an advisory proposal covering merger-related executive compensation.

Impact:

5/10

2 months ago