• fuboTV Q3 Earnings Call Highlights

    fuboTV Q3 Earnings Call Highlights
    fuboTV Inc. reported third-quarter fiscal 2026 results reflecting its second full quarter as a combined entity with Hulu + Live TV. The company highlighted subscriber gains driven by major live sports events, early improvements in advertising monetization, and an increased full-year adjusted EBITDA outlook. North American subscribers reached 5.75 million, representing a 2% increase year over year, while rest-of-world subscribers rose 2% to 356,000.
    Management attributed subscriber growth to pro
  • Stock market today: Dow, S&P 500, Nasdaq futures waver as US, Iran harden stances

    Stock market today: Dow, S&P 500, Nasdaq futures waver as US, Iran harden stances
    Stock market futures showed little movement during premarket trading following a decline in equities the previous session, as geopolitical tensions between the United States and Iran intensified. The two nations remained at an impasse regarding negotiations over reopening the Strait of Hormuz, with disagreements centered on compensation demands.
    President Trump indicated reluctance to meet Iran’s reparations claims, stating he would allow economic pressure to accumulate against the countr
  • Robinhood Now Has 13 Separate Business Lines Above $100 Million in Annualized Revenue. Here’s Why Crypto No Longer Decides the Quarter.

    Robinhood Now Has 13 Separate Business Lines Above $100 Million in Annualized Revenue. Here’s Why Crypto No Longer Decides the Quarter.
    Robinhood Markets disclosed second-quarter earnings results that underscored the company’s evolving business model beyond its origins as a crypto and equities trading platform. The company achieved record quarterly revenue of $1.3 billion, representing 32% year-over-year growth, while posting a 48% increase in earnings with an adjusted operating profit margin of 57%. Operating expenses rose 33% year over year, yet the company maintained efficient investment in new product development.
    Cry
  • Intel’s huge rally is helping pay for its AI comeback: Chart of the Day

    Intel’s huge rally is helping pay for its AI comeback: Chart of the Day
    Intel announced plans to raise $15 billion by issuing new shares to investors, allocating the capital toward factory construction, equipment, operational expenses, and other corporate needs. The offering will result in shareholder dilution, as each existing share will represent a proportionally smaller stake in the company.
    However, Intel’s substantial stock performance has materially reduced the financial impact of this dilution. At Monday’s closing price of approximately $98 per s
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  • Hong Kong considers widening tax reforms to proprietary trading firms

    Hong Kong considers widening tax reforms to proprietary trading firms
    Hong Kong officials are evaluating whether to expand planned tax reform legislation to include proprietary trading firms, according to reporting from the Financial Times. The contemplated changes would allow employees at such firms to avoid taxation on performance-based compensation. Policymakers are weighing two potential approaches: modifying the proposed legislation directly or issuing clarifying guidance to confirm that traders qualify for the tax exemption. Officials have indicated that an
  • Babcock & Wilcox Shares Surge 40.5% After Q2 Results Beat Expectations and Guidance Rises

    Babcock & Wilcox Shares Surge 40.5% After Q2 Results Beat Expectations and Guidance Rises
    Babcock & Wilcox shares experienced a significant intraday advance in pre-market trading following the release of second-quarter 2026 financial results that substantially exceeded analyst expectations. The power generation equipment manufacturer reported adjusted earnings per share of $0.07, more than doubling the consensus forecast of $0.03, while revenue reached $319.7 million against expectations of $196.97 million, representing year-over-year growth of 130%.
    The company’s profitab
  • AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss

    AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss
    AST SpaceMobile experienced a decline in its share price following the release of second-quarter 2026 financial results that fell short of Wall Street projections. The company reported revenue of $31.5 million compared to analyst expectations of $35.18 million, while the adjusted loss per share reached $0.77, significantly exceeding the anticipated loss of $0.26. Shares dropped 2.8% to $66.82 in pre-market trading as investors reacted to the shortfall.
    The quarter’s results were compounde
  • Alcon Raises 2026 Profit Guidance as Expected U.S. Refund Reduces Tariff Impact

    Alcon Raises 2026 Profit Guidance as Expected U.S. Refund Reduces Tariff Impact
    Alcon revised its full-year financial outlook upward, citing a significant reduction in anticipated tariff-related expenses. The company now expects tariffs to cost between $40 million and $90 million annually, a substantial decrease from its prior estimate of $100 million to $150 million, driven by an expected refund from the U.S. government totaling approximately $60 million.
    The reduced tariff burden prompted Alcon to increase its profitability guidance for the year. The company raised its f
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  • Aussie Fails to Rally Despite Bullish Tailwinds. Forecast as of 11.08.2026

    Aussie Fails to Rally Despite Bullish Tailwinds. Forecast as of 11.08.2026
    When a currency fails to move in the expected direction, it is more likely to head the other way. Unfortunately, neither the RBA's hawkish rhetoric nor the rallies in the S&P 500 and the yuan are providing much support for the AUD/USD pair. Let's take a closer look and develop a trading plan.Major Takeaways The RBA kept the cash rate at 4.35%. The AUD/USD is lagging behind the S&P 500 rally. US corporate earnings are fueling inflation. Weak CPI data could provide an opportunity to sell A
  • Short-Term Analysis for Oil, Gold, and EURUSD for 11.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 11.08.2026
    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.Yesterday, oil turned bullish in the short term.Major Takeaways USCrude: Oil's short-term trend has shifted to an uptrend. XAUUSD: Gold has breached the Gold Zone of 4,380–4,370. EURUSD: The euro is retreating from the Target Zone of 1.1601–1.15
  • US Dollar Gains as Markets Await Crucial US CPI Report. Forecast as of 11.08.2026

    US Dollar Gains as Markets Await Crucial US CPI Report. Forecast as of 11.08.2026
    Has the market managed to do the Fed's job for it, as Kevin Warsh would like? The answer may lie in the July inflation report. If the roller-coaster ride in Treasury yields succeeds in bringing inflation down, the Fed chair could emerge victorious. Let's analyze the situation and develop a trading plan for the EUR/USD pair.Major Takeaways Inflation will set the record straight. The US and Iran are demanding reparations. Kevin Warsh's credibility is on the line. A rebound from 1.1525 could provid
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Major Takeaways BTCUSD: The price is expected to rise in the final part of correction 4. Consider long positions with a Take Profit at 66,931.90. XRPUSD: The asset may rise in corrective wave (4) of the bearish impulse. Consider long positions with a Take Profit at 1.095. ETHUSD: The fifth part of a bullish correction (B) is projected to form. Long positions can be consider
  • Unity Software Q2 Earnings Call Highlights

    Unity Software Q2 Earnings Call Highlights
    Unity Software announced financial results for the second quarter of 2026, which Chief Executive Officer Matt Bromberg characterized as a historic period for the company. Strategic revenue increased 38% year-over-year while adjusted EBITDA grew 77% to $160 million, according to Chief Financial Officer Jarrod Yahes. The company’s adjusted EBITDA margin expanded to 29%, representing an 800 basis point increase from the prior year. Free cash flow reached $202 million, up 59% year-over-year,
  • Under Armour Q1 Earnings Call Highlights

    Under Armour Q1 Earnings Call Highlights
    Under Armour reported first-quarter financial results that prompted a downward revision to full-year revenue expectations, though the company maintained its adjusted operating income guidance. The athletic apparel company posted sales of $1.1 billion, representing a 3% decline from the prior year, as consumer demand weakened in key markets including North America and Asia-Pacific. The softer sales environment was attributed to reduced wholesale orders during spring and summer months and increas
  • UGI Q3 Earnings Call Highlights

    UGI Q3 Earnings Call Highlights
    UGI Corporation reported third-quarter reportable segment earnings before interest and taxes of $58 million, down from $72 million in the prior-year period. The decline was primarily driven by warmer weather conditions and reduced retail propane volumes at AmeriGas. Year-to-date reportable segment EBIT increased modestly to $1.187 billion, up $3 million compared to the prior-year period. The company maintained its fiscal 2026 adjusted diluted earnings per share guidance range of $2.75 to $2.90.
  • Uber Technologies Q2 Earnings Call Highlights

    Uber Technologies Q2 Earnings Call Highlights
    Uber Technologies reported second-quarter results showing gross bookings increased 22% year over year to more than $58 billion, surpassing the high end of guidance. Non-GAAP earnings per share climbed 35%, and the company achieved trailing 12-month free cash flow exceeding $10 billion for the first time. The results marked the company’s fourth consecutive quarter of growth above 20%, according to Chief Executive Officer Dara Khosrowshahi.
    Autonomous vehicle deployment remains a central st
  • Tetra Technologies Q2 Earnings Call Highlights

    Tetra Technologies Q2 Earnings Call Highlights
    Tetra Technologies reported second-quarter results that reflected sequential and year-over-year growth across multiple operating metrics. Revenue reached $185.7 million, representing a 19% sequential increase and 7% growth from the prior-year period. The company attributed gains to strength in international and offshore operations, which offset the impact of delayed fluid shipments to the Middle East. Income from continuing operations totaled $10.2 million compared with $8.3 million in the firs
  • Oklo’s (OKLO) Groves Reactor Hits Criticality In Under A Year

    Oklo’s (OKLO) Groves Reactor Hits Criticality In Under A Year
    Oklo Inc. announced on August 6 that its Groves Isotope Test Reactor located in Lockhart, Texas, achieved first criticality in under 11 months from groundbreaking. The company characterized the accomplishment as the first project under the U.S. Department of Energy’s Reactor Pilot Program to reach criticality on private land from a greenfield site, and potentially the fastest privately funded and privately sited reactor construction in history.
    The reactor was built entirely by Oklo&rsquo
  • Advanced Micro Devices Reported Record Revenue. AMD Stock Sank Anyway.

    Advanced Micro Devices Reported Record Revenue. AMD Stock Sank Anyway.
    Advanced Micro Devices released second-quarter results that surpassed Wall Street forecasts, but the stock’s market reaction proved negative despite the strong performance. The semiconductor firm’s shares declined 7% intraday on August 5, erasing the gains from the previous trading day when anticipation for the earnings had driven the stock upward. Analysts attributed the sell-off to elevated investor expectations that the company failed to meet.
    AMD’s financial results demons
  • World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand

    World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
    Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, disclosed significant revenue growth for July amid strong demand for artificial intelligence-related semiconductors. The company posted revenue of 467.58 billion new Taiwan dollars ($14.5 billion) for the month, marking a 44.7% increase compared to the same period in the previous year.
    The revenue performance exceeded the company’s annual guidance trajectory, with TSMC projecting 40% revenue growth for th
  • Egypt targets higher oil and gas output in 2026/2027 development plan

    Egypt targets higher oil and gas output in 2026/2027 development plan
    Egypt announced its 2026/2027 economic and social development strategy centered on expanding hydrocarbon production and strengthening the country’s position in global energy markets. Officials from the Planning and Petroleum ministries outlined objectives that include raising domestic oil and gas output, attracting foreign investment, and decreasing reliance on petroleum imports.
    The government committed $4.5bn toward refinery modernization efforts designed to enhance domestic production
  • As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected

    As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
    Military operations between the U.S. and Iran intensified over the weekend, with the U.S. completing its 10th consecutive night of strikes against Iran on Monday following a Houthi maritime embargo declaration against Saudi Arabia. The escalation occurred after a third service member death in recent fighting, prompting President Trump to pledge retaliation.
    Stock market performance remained relatively resilient despite the tensions. The S&P 500 declined only marginally on Monday after a los
  • Volkswagen plans US line-up overhaul, names new chief – report

    Volkswagen plans US line-up overhaul, names new chief – report
    Volkswagen is undertaking a comprehensive review of its United States market strategy, according to reporting from German business newspaper Handelsblatt. The German automaker plans to restructure its US model portfolio, with some existing vehicles potentially being discontinued as part of the realignment.
    Marco Schubert, currently serving as Audi’s outgoing sales chief, is set to assume leadership of Volkswagen’s American operations, replacing Kjell Gruner. Thomas Schäfer, who
  • Under Armour cuts FY27 sales outlook amid soft demand

    Under Armour cuts FY27 sales outlook amid soft demand
    Under Armour reported mixed results for the quarter ended 30 June 2026, with overall revenue declining 3% year-on-year to $1.1bn. The athletic apparel maker faced particular weakness in its core markets, with North American sales falling 9% and Asia-Pacific dropping 7%. However, international operations showed more strength, with revenue rising 5% to $490m, driven by gains in EMEA, which increased 12%, and Latin America, up 8%.
    Domestic channels struggled across the board, as wholesale revenue
  • Tilray to cease brewing at Terrapin site in US

    Tilray to cease brewing at Terrapin site in US
    Tilray Brands announced it will cease beer production at its Terrapin brewing facility located in Athens, Georgia, with the transition taking effect on September 25. The company stated that brewing operations would be relocated to other facilities within its existing brewery network across the United States.
    The Nasdaq-listed cannabis and beverages company characterized the move as part of broader efforts to optimize its US brewing operations and support its long-term business model. A company
  • Shein faces existential threat as tariffs hit low-price model, putting new focus on services

    Shein faces existential threat as tariffs hit low-price model, putting new focus on services
    Discount retailer Shein disclosed in IPO documents that elimination of trade law exemptions has materially impacted its business performance, particularly in its largest markets. The company attributed a decline in U.S. revenue to tariff-related price increases implemented beginning in May 2025, with U.S. sales falling more than 3% between 2024 and 2025 and dropping 14% in the first quarter compared to the prior year.
    Europe, which contributed 35% of Shein’s 2025 revenue, faces similar he
  • PPC to acquire ABO Energy assets in Poland and Hungary

    PPC to acquire ABO Energy assets in Poland and Hungary
    Public Power Corporation, a Greek integrated utility group operating in south-east Europe, has agreed to purchase the Polish and Hungarian subsidiaries of ABO Energy. The transaction encompasses all 38 employees working in these two countries, along with renewable energy assets and development rights.
    The acquired portfolio includes five operational solar parks with combined capacity of 82MW and a 17MW solar facility under construction. Additionally, PPC will obtain a development pipeline conta
  • Morning Bid: Fed’s Cook grilled again

    Morning Bid: Fed’s Cook grilled again
    Financial markets processed mixed employment data released on Friday, with U.S. payrolls declining by 23,000 during July while the economy added 103,000 fewer jobs in May and June than previously estimated. Job growth averaged 20,000 per month over the past three months. Despite the soft labor market print, interest rate markets did not shift dramatically, with traders pricing in roughly a 50-50 probability of a Federal Reserve rate increase next month. Treasury yields declined only marginally
  • Yen Bears Struggle as Speculators Buy Every Dip. Forecast as of 10.08.2026

    Yen Bears Struggle as Speculators Buy Every Dip. Forecast as of 10.08.2026
    Speculators are quick to buy the dips in the USD/JPY pair at the slightest opportunity. It makes little difference what triggers the decline—whether it's currency intervention or a weaker US dollar following disappointing employment data. Let's take a closer look at the factors driving the pair and develop a trading plan. Major Takeaways Automakers' hedging activity will weigh on the yen. The carry trade continues to favor the USD/JPY. Japanese households remain cautious. Pullbacks pr
  • Short-Term Analysis for Oil, Gold, and EURUSD for 10.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 10.08.2026
    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.Last week, gold broke above the Target Zone of 4,298–4,267.Major Takeaways USCrude: Oil has stalled just below the resistance A of 77.93–77.53. XAUUSD: Gold is poised to break through the Gold Zone of 4,380–4,370. EURUSD: The euro tested t

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