Market news archive — page 26
Every brief published by the FXMARE News Desk, newest first — 2,720 articles.
- StocksU.S. stocks push to records on earnings strength as gold climbs on China demand
U.S. equities extended gains to fresh records amid solid earnings signals, while gold rose on China demand and Bitcoin paused near recent highs, underscoring mixed but resilient risk sentiment.
- EconomyZoox to begin paid robotaxi service in Las Vegas on Aug 10
Amazon’s autonomous taxi unit Zoox will roll out paid robotaxi rides in Las Vegas starting August 10, marking its first commercial market after previously offering free rides in select areas.
- MarketsGold climbs on Iran-US peace hopes as Canada stocks open at record high
Gold rally and fresh peace-talk optimism supported equities, with Canada’s market opening at a record high on hopes of a Iran-US deal and firming sentiment for the bullion
- StocksISM Services Index in July Up Slightly, Markets Watch Range of Subcomponents
July ISM services index edged higher while subcomponents showed mixed readings, as traders weighed the data alongside the final composite PMI from S&P Global.
- EconomyADP: Private U.S. Hiring in July Adds 44,000 Jobs, Under Expectations
ADP reports July private-sector employment rose by 44,000, underscoring slower hiring and a larger share of gains in the health-care sector, according to Nasdaq and CNBC reports.
- StocksArista Networks posts first $3 billion quarter as AI networking demand fuels growth
Arista Networks reports its first-ever $3 billion quarter, signaling strong demand for AI networking infrastructure amid broader tech market activity
- EconomyKashkari urges starting rate hikes gradually, now
Minneapolis Fed President Neel Kashkari advocated beginning gradual rate hikes at the latest FOMC discussion, arguing delaying moves could risk inflation developing further, according to reports from Action Forex and CNBC.
- StocksAMD outlook after post-earnings reversal supports stock trade
Analysts say Advanced Micro Devices' shares could rebound after a post-earnings reversal, reinforcing a cautiously optimistic outlook despite an initial slide.
- MarketsUber posts modest beat on Q2 trips surge; guides to weak profit and robotaxi push
Uber reported a quarterly beat to earnings estimates amid higher rider and delivery volumes, but signaled a weak profit outlook and reiterated emphasis on robotaxi investment plans.
- EconomyUS ADP July private payrolls rise 44K, undershoot expectations
ADP data shows July private payroll growth at 44,000, far below forecasts, with June revised higher and sector details showing mixed momentum
- StocksDisney stock climbs on earnings beat as Toy Story 5 fuels growth narrative
Disney shares rebound after reporting stronger-than-expected earnings, with the company pointing to Toy Story 5 as a driver of streaming and merchandise growth in the June quarter
- CryptoCircle stock rises as Arc gains Wall Street backing with initial partners
Circle's shares climbed in pre-market trading after the company reported an earnings beat that offset a revenue miss, while its Arc blockchain drew early institutional support from a lineup of major partners.
- MarketsEli Lilly Raises Revenue Outlook on Strong GLP-1 Drug Demand
Eli Lilly lifts its annual revenue guidance after strong demand for GLP-1 therapies Mounjaro and Zepbound drives higher sales, with 2026 targets moved upward.
- EconomyAhold Delhaize beats profit view on cost cuts, market gains in Q2
Ahold Delhaize reported a second-quarter result that topped profit expectations amid cost reductions and market gains, while underlying profitability eased and sales rose, with the group reaffirming its outlook for FY26.
- CommoditiesOil rises after Yemen’s Houthis claim attack on Saudi tanker in Red Sea
Oil markets firmed on reports that Houthi forces claimed to strike a Saudi tanker in the Red Sea, reinforcing supply‑side risk concerns amid the regional conflict.
- StocksGran Tierra Energy to Sell Colombia and Ecuador Ops for $1.3B, Shares Jump
Gran Tierra Energy agrees to divest its Colombian and Ecuadorian oil operations to Maurel & Prom for $1.3 billion, prompting a sharp rally in the company’s stock.
- CryptoAI credit bubble and Bitcoin rally: Hayes flags potential $1 million path
Maelstrom’s Arthur Hayes cautions that an AI-driven credit boom could catalyze a bitcoin surge toward seven figures, drawing parallels to the 2008 credit crisis
- EconomySiemens Energy Q3 profit and orders rise, outlook maintained
Siemens Energy reports higher quarterly profit and revenue, with orders also up, reinforcing its FY26 outlook according to multiple outlets.
- ForexAsia FX gains as dollar softens after RBI rate hold
Regional currencies firm as the dollar eases near a six-week low following India’s RBI decision to hold rates amid global cues
- MarketsFAA probes air-traffic safety incident involving Marine One in Washington
US regulators are examining an air-traffic safety incident involving a military helicopter carrying the president, amid broader scrutiny of Reagan National Airport procedures following a January collision
- CryptoBitcoin holds near $64,000 as equities hit records and oil talks loom
Bitcoin steadies around $64,000 as global equities reach fresh highs and geopolitical talks on oil supply surface, with other major tokens showing mixed moves amid ongoing security concerns.
- StocksAsia tech rally lifts regional stocks as SoftBank leads AI-driven gains
Asian equities climb as Wall Street’s strength and an AI-fueled tech rally propel gains, with SoftBank among notable movers in the region
- ForexJapan Services PMI eases in July while Australia services PMI climbs to six-month high
July PMI readings show Japan's services sector expanding at a slower pace and Australia’s services activity strengthening, underscoring divergent momentum in the region.
- EconomyGM extends 20-year China joint venture with SAIC after restructuring
GM renews its China joint venture with SAIC for two decades following a corporate restructuring, keeping focus on domestic Buick and Cadillac sales while exporting Chevrolet models produced in China to non-U.S. markets, amid ongoing US-China tensions.
- EconomyJapan wages rise in June to bolster BoJ rate normalization case
June wages rose in Japan, marking a seventh consecutive month of firm income gains and strengthening arguments for gradual Bank of Japan policy normalization.
- EconomyJapan services PMI slows in July as prices rise, signaling possible policy path
Japan’s services activity slowed in July amid weak demand while selling prices climbed toward recent highs, suggesting a stagflation-like dynamic and keeping the BOJ in focus for potential policy tightening.
- EconomyNew Zealand unemployment rises to 5.6% in June quarter labour survey
New Zealand’s June quarter labour survey showed the jobless rate at 5.6%, up from 5.4%, with participation rising and surveys pointing to a mixed picture for employment demand.
- StocksChipotle Shares Slide After Minnesota Salmonella Outbreak Ties to Jalapeños
Chipotle temporarily removed jalapeños from some locations after a Minnesota salmonella investigation, sparking a sharp stock reaction despite ongoing assurances of no current consumer health concerns.
- EconomyPrudential Q2 Profit Rises on PGIM and Life-Unit Gains
Prudential Financial reports higher second-quarter income, driven by gains in its asset-management and life-insurance units, according to multiple outlets.
- StocksBed Bath & Beyond stock slides as investors await Q2 26 earnings call
Investors reacted to Bed Bath & Beyond’s performance signals ahead of its Q2 26 earnings call, with market attention focused on the retailer’s upcoming results and related corporate updates
- EconomyMixed Q2 results hit earnings season as Lucid and peers diverge
Several large-name results point to a varied picture for the second quarter, with Mattel missing estimates while Amgen and Gilead beat, and Lucid signaling a reset with no updated guidance.
- StocksAMD expands AI footprint with OpenAI and Anthropic partnerships
Advanced Micro Devices broadens its AI initiatives through major partnerships, attracting investor attention amid market rumors of a stock surge
- CryptoHashdex to close US spot Bitcoin ETF as first such fund faces shutdown
A Brazil-based manager will liquidate its US spot Bitcoin ETF this month, amid broader declines in spot BTC assets as investors tilt toward alternative tech plays.
- EconomyAnthropic names former California justice as global affairs chief amid Trump tensions
Anthropic appoints a former California justice as its global affairs chief to steer AI policy discussions as tensions with the Trump administration intensify and regulatory controls persist
- StocksChipotle stock slides as Minnesota salmonella probe spurs jalapeño pull
Chipotle faces a stock pullback after a Minnesota salmonella investigation prompts the removal of suspect jalapeños and a switch to peppers from other growers.
- MarketsUS-facilitated Israel-Lebanon talks begin, set to run through Aug 6
The U.S.-backed talks between Israel and Lebanon have begun and are scheduled to continue through August 6, with observers noting a potential focus on moving Israeli forces from southern Lebanon
- EconomyP&G to acquire Thorne in a $3.8 billion deal to expand health portfolio
Procter & Gamble agreed to buy supplements maker Thorne for $3.8 billion, a move EVA aimed at strengthening its health business, according to CNBC and Investing.com.
- ForexU.S. June JOLTS shows openings fall, hiring up, in line with estimates
U.S. JOLTS data for June show job openings down to 7.36 million with hiring rising, a mixed read that comes ahead of the official payrolls release and alongside estimates from labor data reports
- CryptoBitdeer seals 16-year, 121 MW Norway AI data center lease; CoreWeave launches APAC facility in Indonesia
Crypto-focused data-center expansions proceed with Bitdeer securing a long-term Norway lease for substantial AI capacity, while CoreWeave enters Asia-Pacific with its first data center in Indonesia.
- EconomyNew Jersey AG files antitrust lawsuit against Amazon over delivery contractors
New Jersey sues Amazon, alleging the company’s third-party delivery model suppresses driver pay and worsens working conditions while curbing competition.
- EconomyUS factory orders fall 0.3% in June, data show revisions
Commerce Department data indicate June factory orders declined unexpectedly, with market whispers of revisions to prior months' durable goods figures cited by multiple outlets.
- CommoditiesDow and S&P reach highs as crude oil slides, while overbought flags appear
U.S. equities climb to record levels amid a drop in crude oil, with indicators showing growing overbought conditions and rising short interest
- ForexUS JOLTS openings ease to 7.359M, signaling gradual labor-market cooling
June US JOLTS data show job openings down from May, signaling a gradual cool in the labor market without decisive weakness, according to Action Forex and ForexLive reports
- MarketsPolymarket in fundraising talks at valuation above $20 billion
Polymarket is reportedly exploring a fundraising round with a valuation exceeding $20 billion, according to reports drawing on Bloomberg News via Investing.com, with annualized revenue cited by CNBC as well above $1 billion.
- StocksMerck reports Q2 loss but lifts full-year revenue outlook amid new drug sales
Merck posted a GAAP loss in the second quarter, while signaling a higher, yet narrower, full-year sales range as new drug sales contribute to revenue growth, but a charge tied to an acquisition weighs on profits.
- MarketsCaterpillar posts record revenue on data-center demand while Palantir rallies on strong commercial sales
Two distinct earnings beats lift Caterpillar and Palantir, as data-center demand fuels Caterpillar’s revenue surge and Palantir's commercial revenue drives a double-digit stock jump.
- MarketsDeal on Hormuz corridor eyed as talks surface between Iran, Oman, and U.S. administration
Reports suggest a potential agreement to open and stabilize shipping through the Strait of Hormuz could be reached in the near term, with discussions tying together Iran and Oman under a new traffic-management framework
- StocksScotts Miracle-Gro stock climbs as company outlines mid-range targets for 2027–2029
Scotts Miracle-Gro shares rose after the company announced mid-range financial targets for fiscal 2027 through 2029, signaling a plan to drive sustainable value over the mid and long term.
- MarketsBlackRock tokenizes $311B of European money market funds on Ethereum
BlackRock launches a tokenized access program for European money market funds, backed by JP Morgan’s Kinexys, expanding its tokenized cash platform to professional investors in Europe and signaling further integration of on-chain forms of cash management.
- EconomyWaters lifts outlook on lab equipment demand; Caterpillar sees strength from data-center buildup
Rising demand for laboratory equipment and continued strength in construction machinery tied to data-center expansion prompted raised forecasts and better-than-expected results from key industrial players.