• Clinton knocks Trump on LGBT rights

    Clinton knocks Trump on LGBT rights
    Former U.S. Secretary of State Hillary Clinton delivers remarks at the annual LGBT Center dinner on April 20, 2017, in New York City.The Center gave Clinton its Trailblazer Award.Clinton was receiving an award at a fundraiser for The Center, an LGBT community center in New York City, where she made the critical remarks.
  • Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

    Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
    Warner Bros. Discovery disclosed strong performance in its streaming operations during second-quarter earnings on Thursday, with the segment generating more than $3 billion in revenue and representing a 10% increase compared to the prior year. The company reported adjusted earnings before interest, taxes, depreciation and amortization of more than $500 million from streaming, with HBO Max serving as the primary driver of growth.
    Executive leadership attributed the streaming gains to the quality
  • Versant raises 2026 outlook on strength of platforms segment and advertising momentum

    Versant raises 2026 outlook on strength of platforms segment and advertising momentum
    Versant Media Group boosted its financial outlook for the year, citing accelerating performance across its digital business segments. The company now projects total revenue between $6.2 billion and $6.45 billion, along with adjusted earnings before interest, taxes, depreciation and amortization of $1.9 billion to $2.05 billion.
    The guidance increase came after the company reported second-quarter results that exceeded Wall Street expectations on both revenue and earnings metrics. This represente
  • Restaurant Brands Q2 2026 earnings beat on Burger King U.S. sales

    Restaurant Brands Q2 2026 earnings beat on Burger King U.S. sales
    Restaurant Brands International posted second-quarter results that exceeded analyst forecasts, with adjusted earnings per share reaching $1.07 compared to expectations of $1.03. Net revenue increased 4.5% to $2.52 billion, aligning with analyst projections.
    Burger King delivered the primary driver of the company’s outperformance, with U.S. same-store sales climbing 8.5%, a substantial acceleration from 1.5% growth in the equivalent quarter a year prior. The brand’s overall comparabl
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  • Phillips 66 net profit rises 339% to $3.8bn in Q2 2026

    Phillips 66 net profit rises 339% to $3.8bn in Q2 2026
    Phillips 66 posted second-quarter net earnings of $3.8bn for the period ended 30 June 2026, up 339% from $877m in the comparable quarter of the previous year. The petroleum refineries company’s diluted earnings per share climbed 344% year-over-year to $9.55 from $2.15. Sales reached $51bn, a 53% increase from $33.3bn, while revenue grew 55% to $52bn from $33.5bn in the prior-year period.
    The company attributed its performance to higher margins and improved operational efficiency across it
  • Kenvue misses quarterly estimates as inflation, tariffs squeeze margins

    Kenvue misses quarterly estimates as inflation, tariffs squeeze margins
    Kenvue reported second-quarter results that fell slightly short of Wall Street expectations, with multiple cost pressures impacting profitability. The consumer-health company’s adjusted gross margin contracted to 60.2% from 60.9% in the year-earlier period, as inflationary pressures, tariff expenses, and currency-related headwinds outpaced gains from supply-chain efficiencies and pricing increases.
    The company posted adjusted earnings of 31 cents per share, trailing the analyst consensus
  • Jamie Dimon warns record margin debt could trigger market disruption

    Jamie Dimon warns record margin debt could trigger market disruption
    JPMorgan Chase Chief Executive Officer Jamie Dimon cautioned that leverage in financial markets has reached unprecedented levels, with substantial borrowing concealed under various designations beyond traditional margin debt. During an interview with CNBC, Dimon identified prime brokerages, hedge funds, exchange-traded funds, and Treasury arbitrage strategies as key sources of the elevated leverage across markets.
    Dimon expressed concern that such high levels of leverage increase the probabilit
  • Chinese humanoid robot maker Unitree prices IPO at $9 billion valuation

    Chinese humanoid robot maker Unitree prices IPO at $9 billion valuation
    Unitree, a Hangzhou-based robotics company also known as Yushu Technology, completed the pricing of its Shanghai initial public offering on the STAR Market. The company set the offer price at 150.8 yuan per share, resulting in a valuation of approximately 61 billion yuan, or around 9.04 billion dollars. This pricing represents an increase from an earlier target range of up to 50 billion yuan that had been previously reported. The IPO marks a significant milestone as Unitree becomes the first ma
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  • AMD’s Beat-and-Raise Q2 Earnings Shows Just How High the AI Bar Is

    AMD’s Beat-and-Raise Q2 Earnings Shows Just How High the AI Bar Is
    Advanced Micro Devices reported second-quarter financial results that exceeded Wall Street consensus estimates on both revenue and earnings while providing third-quarter guidance above expectations. The company’s data center revenue reached $6.7 billion, representing a 107% increase year-over-year, driven by demand for EPYC server processors and Instinct AI accelerators. Total revenue came in at $11.5 billion, up 50% annually, with earnings per share of $1.66, reflecting a 246% increase.
  • The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings

    The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings
    Eli Lilly and Novo Nordisk both exceeded second-quarter expectations and raised full-year guidance, yet the market’s response to their results differed significantly, highlighting growing confidence disparities between the two obesity and diabetes drug manufacturers.
    Lilly reported revenue growth of 48% compared with the prior year, driven by demand for its Mounjaro diabetes treatment and Zepbound obesity drug. The company raised its full-year revenue guidance, demonstrating investor conf
  • XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 4,115.00 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,115.00. Stop Loss: below 4,045.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below the level of 4,115.00 will allow the asset to continue declining to the levels of 3,720.00–3,290.55. A sell signal: the level of 4,115.00 is broken to the downside. Stop Loss: above 4,185.00, Take Pr
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 67.00 with a target of 105.17–115.50. A buy signal: the price holds above 67.00. Stop Loss: below 65.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below the level of 67.00 will allow the asset to continue declining to the levels of 58.50–50.00. A sell signal: the level of 67.00 is broken to the downside. Stop Loss: above 68.50, Take Profit: 58.50–50.00.Main sce
  • USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 164.00 with a target of 151.76–148.87. A sell signal: the price holds below 164.00. Stop Loss: above 164.70, Take Profit: 151.76–148.87. Alternative scenario: Breakout and consolidation above 164.00 will allow the pair to continue rising to the levels of 166.50–170.00. A buy signal: the level of 164.00 is broken to the upside. Stop Loss: below 163.30, Take Profit: 166.50–170.00.Mai
  • GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.3274 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3274. Stop Loss: below 1.3230, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below the level of 1.3274 will allow the pair to continue declining to the levels of 1.3140–1.2936. A sell signal: the level of 1.3274 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.3140–1.2936
  • EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.1350 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1350. Stop Loss: below 1.1305, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below the level of 1.1350 will allow the pair to continue declining to the levels of 1.1124–1.0892. A sell signal: the level of 1.1350 is broken to the downside. Stop Loss: above 1.1395, Take Profit: 1.1124–1.0892
  • USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8206 with a target of 0.7755–0.7593. A sell signal: the price holds below 0.8206. Stop Loss: above 0.8245, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above 0.8206 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8206 is broken to the upside. Stop Loss: below 0.8165, Take Profit: 0.8400–0.8600.Mai
  • Peloton posts first-ever annual net profit, but shares drop as outlook disappoints

    Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
    Peloton achieved profitability for the first time as a public company in fiscal 2026, reporting net income of $63.2 million for the year ended June 30, compared with a loss of $118.9 million in the prior-year period. The company attributed the turnaround partly to price increases implemented on hardware and subscription services in the previous fall. Chief Executive Peter Stern characterized the fiscal year as a “landmark” achievement that demonstrated the company’s maturation
  • Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees

    Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees
    Netlist, Inc. announced a comprehensive five-year strategic alliance with Samsung that encompasses patent portfolio cross-licensing, memory product supply, technology cooperation, and Samsung’s acquisition of 10 million Netlist shares. The agreement resolves pending litigation between the two companies while establishing a framework for ongoing business collaboration.
    Under the patent licensing components, Netlist will receive an upfront patent license fee of $200 million after withholdin
  • Fed’s Daly says central bank was right to hold rates steady at July policy meeting

    Fed’s Daly says central bank was right to hold rates steady at July policy meeting
    Federal Reserve Bank of San Francisco President Mary Daly stated her backing for the monetary policy committee’s recent decision to maintain borrowing costs, according to remarks delivered at an economics conference in Tokyo. She indicated the central bank required additional information ahead of the following month’s policy meeting to assess whether current inflation pressures stem from transitory supply disruptions or reflect a more entrenched price environment.
    Daly emphasized th
  • Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

    Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
    Airbnb delivered second-quarter financial results that surpassed consensus analyst estimates, prompting a 9% stock price increase in extended trading. The company reported revenue growth of 17% compared to the prior year, reaching $3.1 billion, while net income climbed to $816 million from $642 million in the year-ago period.
    The vacation rental platform provided forward guidance that also beat market expectations. For the current period, the company projected revenue between $4.69 billion and
  • USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4082 with a target of 1.3900–1.3820. A sell signal: the price holds below 1.4082. Stop Loss: above 1.4125, Take Profit: 1.3900–1.3820. Alternative scenario: Breakout and consolidation above 1.4082 will allow the pair to continue rising to the levels of 1.4250–1.4400. A buy signal: the level of 1.4082 is broken to the upside. Stop Loss: below 1.4040, Take Profit: 1.4250–1.4400.Mai
  • Gold Returns to the Spotlight. Forecast as of 07.08.2026

    Gold Returns to the Spotlight. Forecast as of 07.08.2026
    Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let's discuss this topic and outline a trading plan. Major Takeaways De-escalation has breathed new life into gold. When inflation is high and the Fed holds back, XAU/USD rises. Central bank demand is supporting the precious metal. Weak employment data would provide an opportu
  • Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in a short-term uptrend.Major TakeawaysUSCrude: Oil prices are retreating from the resistance A of 77.93–77.53. XAUUSD: Gold is testing the upper Target Zone of 4,298–4,267. EURUSD: The euro is facing a minor correcti
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Ripple appears to be approaching a trend reversal.Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impu
  • Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026

    Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026
    Kevin Warsh's reserved communication style leaves investors searching for signals in the economic data, increasing uncertainty and market volatility. The upcoming employment report could become the next major catalyst. Let's examine the outlook and develop a trading plan for the EUR/USD pair.Major Takeaways The deal between Oman and Iran is raising doubts. Rising oil prices are strengthening the dollar. The Fed is more tolerant of a strong labor market. Weak employment data can provide an opport
  • Private Hiring Stalls in July, Complicating Everything

    Private Hiring Stalls in July, Complicating Everything
    Private employment growth stalled in July as the American private sector added 44,000 positions, substantially underperforming consensus forecasts of 75,000 new jobs. The figure represented a significant deceleration from June’s revised total of 95,000 and marked the slowest pace since January.
    Education and health services accounted for 36,000 of the month’s total job gains, with the remaining 8,000 positions distributed across the broader economy. Employment in trade and transport
  • Kraft Heinz Q2 2026 earnings beat, raises annual forecast

    Kraft Heinz Q2 2026 earnings beat, raises annual forecast
    Kraft Heinz raised its full-year guidance on Wednesday following better-than-expected second-quarter performance. The company now projects organic sales to decline between 0.5% and 2.0% for the full year, compared with its prior forecast of a 1.5% to 3.5% decline. The company also adjusted its annual adjusted earnings per share outlook to a range of $2.03 to $2.09, up from the earlier guidance of $1.98 to $2.10. As part of its strategic shift, Kraft Heinz said it would boost incremental investm
  • Corn Extending Weakness to Tuesday

    Corn Extending Weakness to Tuesday
    Corn markets continued a downward trajectory, with futures contracts experiencing additional declines during the Wednesday session. December contract futures closed the previous day at $4.65½, down 7 cents, while September contract futures finished at $4.42¼, down 7 cents. The nearby cash price settled at $4.13½, reflecting a loss of 7¼ cents. March futures closed at $4.81½, down 6¾ cents.
    Several factors contributed to the weakness in corn markets. Cru
  • Wheat Posting a Wednesday Morning Rebound

    Wheat Posting a Wednesday Morning Rebound
    Wheat markets experienced a rebound on Wednesday morning following declines the previous day. The wheat complex had faced downward pressure on Tuesday, with all three major markets closing lower.
    Chicago SRW futures contracts had declined 11 to 14 cents on Tuesday, while KC HRW futures fell 9 1/2 to 11 1/4 cents across various contract months. Minneapolis spring wheat also posted losses, declining 5 1/2 to 10 3/4 cents across most contracts. Open interest rose 1,994 contracts during the selling
  • US sustainable funds see positive inflows for first time since 2022: Morningstar

    US sustainable funds see positive inflows for first time since 2022: Morningstar
    U.S. sustainable funds returned to positive territory during the second quarter with nearly $3 billion in net inflows, reversing a prolonged downturn that had lasted more than three years. The inflows represented a 0.8% organic growth rate for sustainable funds domiciled in the country. This marked the first time since 2022 that the sector had experienced net inflows rather than withdrawals.
    Despite the gains in sustainable funds, conventional funds continued to demonstrate stronger investor de

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