News Archive

August 5, 2026Connected

90 storiesLast updated: 1:30:26 AMPage 1 of 2

Stocks

StocksBearish

Official Report Blames Southern California Edison for Deadly Eaton Wildfire

Key Facts

•A Los Angeles County Fire Department report concluded that sparks from a Southern California Edison tower caused the 2025 Eaton wildfire.
•The fire killed 19 people and destroyed thousands of homes, with estimated economic losses exceeding $250 billion.

Impact:

7/10

about 2 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Visa to Acquire BioCatch for $2.4 Billion to Bolster Digital Security

Key Facts

•Visa announced a definitive agreement to acquire digital fraud prevention firm BioCatch.
•The transaction value is $2.4 billion in cash, to be paid to funds managed by Permira and other shareholders.

Impact:

6/10

about 4 hours ago

Macro Economy

Macro EconomyBullish

India Raises $40bn from Diaspora to Stabilize Rupee

Key Facts

•India's central bank successfully drew $40bn in inflows from diaspora savings to support the sagging rupee.

Impact:

6/10

about 5 hours ago

Crypto

CryptoBearish

US Senators Urge SEC Probe into TRUMP Memecoin for Alleged Fraud

Key Facts

•Senators Elizabeth Warren and Richard Blumenthal asked the SEC to investigate whether the TRUMP token illegally facilitated fraud or a 'soft rug pull'.
•The token's market cap fell from a $9 billion peak to below $400 million, with investors losing approximately $3.8 billion.

Impact:

6/10

about 5 hours ago

Geopolitics

GeopoliticsBullish

Trump Admin to Forgo Safety Testing for Open-Weight AI Models

Key Facts

•Trump administration advisers told leading AI firms that the government will not safety-test open-weight AI models.

Impact:

5/10

about 4 hours ago

Commodities

CommoditiesBullish

Global Refining Margins Hit Record Highs Amid Strait of Hormuz Tensions

Key Facts

•War in Iran has tightened global fuel supply and pushed refining margins to record highs.
•China implemented a temporary export ban as crude oil struggled to move through the Strait of Hormuz.

Impact:

5/10

about 2 hours ago

August 5, 2026Connected

90 storiesLast updated: 1:30:26 AMPage 1 of 2

Stocks

StocksBearish

Official Report Blames Southern California Edison for Deadly Eaton Wildfire

Key Facts

•A Los Angeles County Fire Department report concluded that sparks from a Southern California Edison tower caused the 2025 Eaton wildfire.
•The fire killed 19 people and destroyed thousands of homes, with estimated economic losses exceeding $250 billion.

Impact:

7/10

about 2 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Visa to Acquire BioCatch for $2.4 Billion to Bolster Digital Security

Key Facts

•Visa announced a definitive agreement to acquire digital fraud prevention firm BioCatch.
•The transaction value is $2.4 billion in cash, to be paid to funds managed by Permira and other shareholders.

Impact:

6/10

about 4 hours ago

Macro Economy

Macro EconomyBullish

India Raises $40bn from Diaspora to Stabilize Rupee

Key Facts

•India's central bank successfully drew $40bn in inflows from diaspora savings to support the sagging rupee.

Impact:

6/10

about 5 hours ago

Crypto

CryptoBearish

US Senators Urge SEC Probe into TRUMP Memecoin for Alleged Fraud

Key Facts

•Senators Elizabeth Warren and Richard Blumenthal asked the SEC to investigate whether the TRUMP token illegally facilitated fraud or a 'soft rug pull'.
•The token's market cap fell from a $9 billion peak to below $400 million, with investors losing approximately $3.8 billion.

Impact:

6/10

about 5 hours ago

Geopolitics

GeopoliticsBullish

Trump Admin to Forgo Safety Testing for Open-Weight AI Models

Key Facts

•Trump administration advisers told leading AI firms that the government will not safety-test open-weight AI models.

Impact:

5/10

about 4 hours ago

Commodities

CommoditiesBullish

Global Refining Margins Hit Record Highs Amid Strait of Hormuz Tensions

Key Facts

•War in Iran has tightened global fuel supply and pushed refining margins to record highs.
•China implemented a temporary export ban as crude oil struggled to move through the Strait of Hormuz.

Impact:

5/10

about 2 hours ago

StocksBullish

SpaceX Revenue Surges 92% Driven by Starlink and Cloud Service Demand

Key Facts

•SpaceX reported a 92% surge in revenue in its inaugural public earnings report.
•The strong revenue growth is attributed to rocketing demand for Starlink and cloud services.

Impact:

7/10

SPCX

about 4 hours ago

StocksBullishUpdated×8

SpaceX AI Revenue Surges 213% as $15.8B CapEx Signals Cash Flow Pressure

Key Facts

•SpaceX generated $7.8 billion in revenue during the second quarter of 2026.
•The company recorded a 92% revenue growth compared to the same period last year.

Impact:

7/10

SPCX

about 3 hours ago

StocksBullish

Arista Networks Hits Record Highs After Surpassing $3B Revenue Milestone

Key Facts

•Arista Networks reported its Q2 financial results on Tuesday after the market close.
•Arista Networks stock surged to new all-time highs in after-hours trading.

Impact:

6/10

0HHR.L

about 5 hours ago

StocksBearish

Gilead Sciences Reports Q2 Loss as Veklury Sales Plunge 81%

Key Facts

•Gilead Sciences reported a quarterly loss due to high R&D costs despite growth in HIV drug sales.
•The company lowered its full-year forecast for Veklury after sales fell 81% in the second quarter.

Impact:

6/10

GILD

about 5 hours ago

StocksBullish

LATAM Airlines Raises 2026 Profit Guidance as Fuel Cost Pressures Ease

Key Facts

•LATAM Airlines raised its full-year 2026 core earnings forecast based on improved fuel price expectations.
•The company stated its business model has proven resilient amid the oil shock linked to geopolitical tensions.

Impact:

6/10

LATAM

about 3 hours ago

StocksBullish

Arrowhead Reports Strong Triglyceride Trial Results, Plans FDA Submission

Key Facts

•The SHASTA study demonstrated triglyceride reductions ranging from 79% to 81%.
•The treatment recorded a 78% reduction in pancreatitis events.
•Arrowhead plans to submit a supplemental New Drug Application (sNDA) by the end of 2026.

Impact:

6/10

about 1 hour ago

StocksBullish

Musk Announces SpaceX to Build Exclusively on Nvidia Technology for AI Infrastructure

Key Facts

•Elon Musk announced that SpaceX will build exclusively on Nvidia technology.
•Nvidia shares rose in extended trading following Musk's comments during the SpaceX earnings call.

Impact:

6/10

NVDA SPCX

about 4 hours ago

StocksBullish

Hut 8 Unveils $9.8B Data Center Expansion and 8.7 GW Power Pipeline

Key Facts

•Hut 8 outlined a development pipeline totaling 8.7 GW of power capacity across its portfolio.
•The Beacon Point lease agreement targets a total base term value of $9.8 billion.

Impact:

6/10

HUT BTC

about 4 hours ago

StocksBullishUpdated

Rocket Lab Wins $397M U.S. Space Force Contract for Satellite Development

Key Facts

•Rocket Lab secured a $397 million contract from the U.S. Space Force for satellite development.

Impact:

6/10

RKLB

about 2 hours ago

StocksBearish

Regeneron Faces Class Action Lawsuit After Clinical Trial Failure; Stock Drops 9%

Key Facts

•A securities fraud class action lawsuit was filed against Regeneron for allegedly misleading investors about Phase III Fianlimab-Libtayo trial success.
•Clinical trials failed to achieve statistical significance for the primary endpoint, leading to a 9% drop in stock price.

Impact:

6/10

REGN

about 2 hours ago

StocksBearish

AMD, Lucid, and Opendoor Shares Slide Following Q2 2026 Earnings Reports

Key Facts

•AMD exceeded Q2 2026 earnings expectations, yet the stock declined in after-hours trading.
•Lucid Motors reported Q2 2026 results that missed expectations, causing its shares to drop after-hours.
•Opendoor reported weaker-than-expected Q2 2026 results, leading to a post-close share price decline.

Impact:

6/10

AMD

about 2 hours ago

StocksBullish

Precigen Hits Q2 Profitability as PAPZIMEOS Revenue Surges

Key Facts

•Precigen reported $53.1 million in PAPZIMEOS net revenue for Q2 2026, more than doubling the previous quarter.
•PAPZIMEOS revenue propelled the company to quarterly profitability with expectations to reach cash flow break-even by year-end 2026.
•The FDA granted PAPZIMEOS seven-year market exclusivity, providing long-term protection against competition.

Impact:

6/10

PGEN

about 6 hours ago

StocksBullish

Devon Energy Beats Q2 Profit Estimates on Production Surge

Key Facts

•Devon Energy reported its highest quarterly profit since 2022, exceeding Wall Street expectations.
•The merger with Coterra Energy boosted production levels and overall business operations.

Impact:

6/10

DVN CTRA

about 6 hours ago

StocksBullish

Victory Capital Q1 Earnings Beat Estimates Amid 77% Revenue Surge

Key Facts

•Victory Capital reported Q1 earnings of $1.82 per share, exceeding the Zacks Consensus Estimate of $1.65 per share.
•First-quarter revenue increased by 77% year-over-year, with Adjusted EBITDA rising by 75% during the same period.
•Analysts increased the consensus price target for the stock to $97.67 from $81.31 a year ago.

Impact:

6/10

VCTR

about 6 hours ago

StocksBearishUpdated×2

Lucid Reports Q2 Earnings Miss and Announces Strategic Operational Reset

Key Facts

•Lucid reported Q2 revenue of $405 million and a loss of $3.30 per share.
•The company announced an operational reset targeting $1.4 billion in cash flow improvement opportunities this year.

Impact:

6/10

CCIV

about 5 hours ago

StocksMixed

SpaceX Beats Revenue Estimates in First Public Report as AI Costs Weigh

Key Facts

•SpaceX reported a 92% surge in revenue in its first financial report as a public company.
•Revenue growth was driven by strong performance in Starlink satellite-internet and AI business units.
•The stock price was hit by rising costs associated with investments in artificial intelligence technologies.

Impact:

6/10

SPCX

about 5 hours ago

StocksBullish

TPG Commits $4B to AI Services Platform with OpenAI Support

Key Facts

•TPG has committed more than $4 billion to create a new AI transformation and services platform.
•The investment is made alongside OpenAI and other partners, focusing on AI deployment and services beyond just model building.

Impact:

6/10

TPG

about 5 hours ago

StocksBullish

Zebra Technologies Upgraded to 'Strong Buy' After Q2 Earnings Beat and Guidance Hike

Key Facts

•Zebra Technologies achieved 9.2% organic sales growth and adjusted EPS of $6.35.
•Management raised full-year guidance for sales, margins, earnings, and free cash flow.

Impact:

6/10

ZBRA

about 4 hours ago

StocksBullishUpdated

AMD Beats Q2 Estimates as Data Center Revenue More Than Doubles

Key Facts

•AMD reported second-quarter 2026 financial results that beat analyst estimates for both earnings and revenue.
•AMD's data center revenue more than doubled during the second quarter.

Impact:

6/10

AMD

about 5 hours ago

StocksBullish

Dream Industrial REIT Reports Strong Q2 2026 Results and Distribution Hike

Key Facts

•Dream Industrial REIT reported comparative properties NOI growth of over 10%.
•The Trust achieved 8% FFO per unit growth during the quarter.
•The REIT announced a 2.5% increase in its cash distribution.

Impact:

5/10

DIR.UN

about 3 hours ago

StocksBullish

Paramount Global Raises 2026 Guidance Following Strong Q2 Results

Key Facts

•Paramount Global raised its 2026 financial guidance following strong second-quarter results.

Impact:

5/10

PARA

about 3 hours ago

StocksBearish

Mattel Misses Q2 Profit Estimates as Toy Spending Slows Down

Key Facts

•Mattel reported second-quarter profits that missed analyst estimates due to a slowdown in consumer spending on toys.

Impact:

5/10

MAT

about 3 hours ago

StocksBullish

Upstart AI Enhancements Drive Loan Growth and Operational Recovery

Key Facts

•Upstart reported that AI model enhancements led to better borrower risk assessment and a pickup in loan growth.

Impact:

5/10

UPST

about 4 hours ago

StocksBullish

loanDepot Narrows Q2 2026 Losses Driven by Home Equity Loan Growth

Key Facts

•loanDepot reported a narrowing of its losses during the second quarter of 2026.
•The company experienced growth in home equity loans during this period.

Impact:

5/10

LDI

about 4 hours ago

StocksBullish

Lupaka Gold Reaches Settlement with Peru Over Arbitration Award

Key Facts

•Lupaka Gold agreed to terms from Peru's Ministry of Energy and Mines to pay 70% of the ICSID Arbitration Award.

Impact:

5/10

about 3 hours ago

StocksBullish

MACOM Growth Surges on AI Data Center Boom and Defense Sector Upcycle

Key Facts

•Data Center revenue in Q2 FY26 grew by 36% year-over-year.
•Industrial & Defense revenue rose 22% with adjusted gross margins approaching 60%.
•Q3 revenue guidance is set at $331–339M, implying 16% sequential growth.

Impact:

5/10

MTSI

about 3 hours ago

StocksBullish

Shell Expands Australian Gas Footprint with Surat Project Investment

Key Facts

•Shell announced it will invest in the next phase of the Surat Gas Project in Queensland, Australia.
•The project is being developed by Arrow Energy, a joint venture owned equally by Shell and PetroChina.

Impact:

5/10

SHEL.L 0857.HK

about 3 hours ago

StocksBullish

Coupang Shares in Focus After Q2 2026 Earnings Beat Estimates

Key Facts

•Coupang reported Q2 2026 earnings results, beating analyst estimates for the period.
•Alamo Group's Q2 results showed strong growth driven by industrial equipment sales.

Impact:

5/10

CPNG

about 2 hours ago

StocksBullish

Globe Specialty Metals Beats Estimates with Break-Even Q2 2026 Results

Key Facts

•Globe Specialty Metals reported break-even quarterly earnings per share, beating the Zacks Consensus Estimate of a $0.07 loss.

Impact:

5/10

GSM

about 2 hours ago

StocksBullish

Fortune Brands Innovations Beats Q2 Earnings Estimates

Key Facts

•Fortune Brands Innovations reported quarterly earnings of $1.35 per share, significantly beating the Zacks Consensus Estimate of $0.81 per share.

Impact:

5/10

FBIN

about 2 hours ago

StocksBearishUpdated×2

AMD Shares Slide Despite Earnings Beat as Capex Surges Triple Expectations

Key Facts

•AMD released its quarterly earnings results, leading to a decline in the stock price during trading.

Impact:

5/10

AMD

about 3 hours ago

StocksMixed

Emerson Electric Beats Estimates on Strong Automation Demand in US and Asia

Key Facts

•Emerson Electric reported an adjusted profit of $1.71 per share, exceeding analyst expectations.
•Total revenue reached $4.87 billion for the third quarter, driven by demand in North America and Asia.
•Shares fell about 2.4% in after-hours trading despite the positive earnings beat.

Impact:

5/10

EMR

about 4 hours ago

StocksMixed

Bed Bath & Beyond Forecasts $525M Revenue and Plans NASDAQ Listing Transition

Key Facts

•Bed Bath & Beyond expects Q3 revenue to be between $505M and $525M.
•The company is targeting a gross margin of approximately 30% for the third quarter.
•The company plans to transition to the NASDAQ exchange under the new ticker NXH.

Impact:

5/10

about 1 hour ago

StocksBullish

TPG Targets $50B Fundraising in 2026 with Stable Margin Outlook

Key Facts

•TPG is targeting more than $50 billion in funds raised for the year 2026.
•The company maintained its full-year Fee Related Earnings (FRE) margin outlook at 47%.

Impact:

5/10

TPG

about 1 hour ago

StocksBullish

CACI and Oracle Secure $400M Federal HR Modernization Contract

Key Facts

•CACI International and Oracle secured a 10-year contract worth nearly $400 million with the U.S. Office of Personnel Management.

Impact:

5/10

ORCL

about 3 hours ago

StocksBullish

Disney to Sell A+E Networks Stake to Hearst for $1.2 Billion

Key Facts

•Disney is set to sell its stake in A+E Global Media to Hearst for approximately $1.2 billion.
•The deal will give Hearst full ownership of prominent brands including Lifetime and The History Channel.

Impact:

5/10

DIS

about 3 hours ago

StocksMixed

Mixed Q2 Results for US Mid-Caps: Compass Surges while Workiva Slumps

Key Facts

•Compass exceeded Q2 2026 expectations, with shares rising 11% in after-hours trading.
•Workiva shares fell 8.2% despite beating Q2 earnings estimates.
•SSR Mining Q2 2026 results missed expectations, leading to a decline in share price.

Impact:

5/10

about 3 hours ago

StocksBullish

Apollo Global Q2 Results Beat Expectations as AUM Hits $1.05 Trillion

Key Facts

•Apollo Global achieved record quarterly inflows of $60 billion, driving assets under management to $1.05 trillion.
•Fee-related earnings rose 25% year-over-year to a record $785 million.

Impact:

5/10

APO

about 5 hours ago

StocksBullish

Wynn Resorts Q2 Revenue Climbs to $1.86 Billion on Strong Gaming Demand

Key Facts

•Wynn Resorts' quarterly revenue rose to $1.86 billion from $1.74 billion in the previous year.

Impact:

5/10

WYNN

about 5 hours ago

StocksBearish

BioNTech Forecasts 2026 Revenue Up to €1.9B Amid Strategic Oncology Pivot

Key Facts

•BioNTech anticipates full-year 2026 revenue to be in the range of €1.6B to €1.9B.
•The company is advancing oncology catalysts with significant milestones expected in late 2026.

Impact:

5/10

BNTX

about 4 hours ago

StocksMixed

Toast Reports Q2 Revenue Beat Amid Earnings Per Share Miss

Key Facts

•Toast's Q2 2026 revenue exceeded analyst expectations.
•Toast's earnings per share (EPS) missed market estimates for the second quarter.

Impact:

5/10

TOST

about 3 hours ago

StocksBullish

Booking Holdings Beats Q2 2026 Estimates

Key Facts

•Booking Holdings reported Q2 2026 financial results that exceeded analyst expectations.
•Booking Holdings shares rose in trading following the announcement of positive financial results.

Impact:

5/10

BKNG

about 4 hours ago

StocksBullish

Intapp Stock Surges as Q4 2026 Earnings Beat Analyst Expectations

Key Facts

•Intapp reported Q4 2026 financial results that exceeded analyst expectations.
•The company's stock jumped in after-hours trading following the release of the financial report.

Impact:

5/10

INTAPP

about 3 hours ago

StocksBullish

Prudential Financial Profit Rises on PGIM and Life Unit Gains

Key Facts

•Prudential Financial reported a rise in quarterly profit driven by gains in its asset management unit PGIM and individual life insurance units.

Impact:

5/10

PRU

about 5 hours ago

StocksMixed

DaVita Reports Lower Revenue Per Treatment, Reaffirms 2026 Annual Forecast

Key Facts

•DaVita reported lower revenue per treatment in the second quarter of 2026.
•The company blamed the decline on falling enrollments in Obamacare plans following the end of pandemic-era subsidies.
•The company reaffirmed its full-year financial forecast despite the current challenges.

Impact:

5/10

DVA

about 3 hours ago

StocksBullish

Nikkei 225 Surges 2.3% on Hopes for Strait of Hormuz Resolution

Key Facts

•The Japanese Nikkei index rose 2.3%, driven by gains in the electronics sector.
•Japanese stocks climbed amid renewed hopes for a U.S.-Iran deal to reopen the Strait of Hormuz.

Impact:

5/10

about 2 hours ago

StocksBearish

Coupang Shares Slide on Q2 Revenue Miss Despite Beating Profit Estimates

Key Facts

•Coupang exceeded profitability expectations for the second quarter of 2026.
•Coupang shares declined following the announcement of revenue results that missed estimates.

Impact:

5/10

CPNG

about 2 hours ago

StocksBullish

SoftBank Shares Surge 10% as Asian Tech Tracks Wall Street AI Rally

Key Facts

•SoftBank Group shares surged more than 10% during Wednesday's trading session.
•Asian technology stocks rallied following a record-setting session on Wall Street.

Impact:

5/10

9984.T

about 1 hour ago

StocksBullish

Pinterest Hits Record Revenue and Users via AI-Driven Strategy

Key Facts

•Pinterest revenue topped $1 billion for the fourth consecutive quarter.
•Monthly active users hit a record high, marking the 11th consecutive quarter of double-digit growth.

Impact:

5/10

PINS

about 1 hour ago

Mergers & AcquisitionsBullish

Saudi-Led Group Finalizes $55 Billion Acquisition of Electronic Arts

Key Facts

•A Saudi-led group has finalized the $55 billion purchase of gaming giant Electronic Arts.
•The deal takes the maker of The Sims and EA FC into private ownership and loads it with debt.

Impact:

6/10

about 3 hours ago

Mergers & AcquisitionsBearishUpdated

Paramount-WBD Merger Trial Set for March with Potential $1B Liability

Key Facts

•A federal judge scheduled the trial for Paramount's proposed merger with Warner Bros. Discovery to begin on March 2.
•Paramount could owe more than $1 billion to WBD shareholders based on the trial date set by the judge.

Impact:

5/10

about 2 hours ago

Mergers & AcquisitionsBullish