Market news
Crypto, stocks, forex and macro, aggregated for traders.
DBS Reports H1 Net Income of SGD 6.01 Billion, NIM at 1.88%
DBS Group Holdings posted first-half net income of SGD 6,009 million, with net interest income of SGD 6,958 million and a net interest margin of 1.88%.
Sandisk Beats Q4 Consensus But Market Shrugs
Sandisk crushed Wall Street estimates for fiscal Q4, yet the stock showed little reaction.
Faraday Future Outlines Steps to Restore Shareholder Value
The EV maker announced initiatives including a convertible note price floor freeze, separate robotics funding, and weekly disclosure of note conversions to boost transparency.
Revolut Discusses a $500 Billion Founder Award. The Talks Start Before Its $200 Billion IPO Target Is Reached
Revolut is discussing a new incentive package for CEO Nik Storonsky tied to a $500 billion valuation, per the Financial Times, even as its latest round values the company at $115 billion.
Dow Jones hits fresh record as Strait of Hormuz tensions ease
The Dow Jones Industrial Average surged to a new all-time high on Wednesday, gaining 0.76% as geopolitical concerns around the Strait of Hormuz receded.
Interactive Brokers (IBKR) Goes Dark During US Trading Hours
Interactive Brokers suffered a temporary login issue on Aug 5 that stopped a fraction of a percent of clients from accessing accounts hosted in certain APAC data centers. Access was restored within an hour.
US Indices Break Higher, Nasdaq Leads with Strong Rally
US stock index futures surged after yesterday's opening bell, defying premarket support levels. The Nasdaq led the charge with notable strength.
Shopify Stock Surges 17% to Seven-Month High on Strong Q2 Growth
Shopify stock jumped 17% to its highest level in seven months following impressive second-quarter growth, underscoring momentum in non-Amazon e-commerce.
SpaceX Set for $100 Billion Share Unlock, Potentially Increasing Float
Over $100 billion in SpaceX shares unlock tomorrow, potentially increasing the tradable float and sparking market volatility.
Interactive Brokers adds Brazilian futures through Brazil’s B3 exchange
Interactive Brokers said eligible clients outside Brazil can now trade Brazilian futures via B3, adding to existing equities access and broadening emerging-market reach.
Robinhood Ventures Fund II Targets Mid-August IPO
Robinhood's second venture fund, RVII, is set to list on the NYSE at $25 per share on August 13, giving retail customers exposure to roughly 80 private startups. The debut follows a volatile run for the first fund, RVI.
Anthropic Confirms In-House Custom AI Chip Development for Claude
Anthropic is designing custom chips to run its Claude models faster and more efficiently, while continuing to rely on hardware from AWS, Google, Nvidia, and AMD.
SpaceX Share Unlock Expected, Likely Priced In
SpaceX is set to unlock a large number of shares, according to a social media post. The event is widely anticipated and may already be reflected in related instruments like SPCX.
Virtuix Selects AVRT for USMC Infantry Trainer; Delivery Set for Q4
Virtuix ($VTIX) has chosen AVRT for weapons tracking and content in a USMC infantry training system, with delivery to Quantico scheduled for Q4.
Webull Connects Accounts to ChatGPT, Claude and Grok
Webull is letting eligible users link brokerage accounts to ChatGPT, Claude and Grok, while adding a CLI and MCP tools for AI-driven investing.
SpaceX Lockup Expiry to Release 911.5M Shares Tomorrow, Free Float to Double
A total of 911.5 million SpaceX shares held by employees and early investors will become eligible for trading on Tuesday, expanding the free float from 4.9% to 11.8% of outstanding shares.
Eli Lilly Beats Q2 2026 Estimates, Raises Full-Year Outlook
Eli Lilly reported second-quarter 2026 adjusted EPS of $8.38 on revenue of $22.97 billion, comfortably ahead of expectations. The drugmaker also lifted its full-year profit and revenue forecasts and committed an additional $4.5 billion to expand manufacturing.
Michael Burry Shorts Semiconductor Sector After 92% Rally Reverses
The investor who famously predicted the subprime mortgage crash has opened short positions against Nvidia, Micron, and the broader semiconductor industry, following a $1.3 trillion loss from record highs.
Disney Q3 Earnings: EPS Beat, Revenue Miss, $9B Buyback
Disney reported fiscal third-quarter adjusted EPS of $2.06, above estimates, while revenue of $25.25 billion came in slightly below expectations. The company also announced plans for at least $9 billion in share repurchases in 2026 and is considering cost-cutting measures.
CVS Health Beats Q2 Estimates, Raises Full-Year Guidance
CVS Health posted second-quarter adjusted earnings of $2.58 per share, well above expectations, and lifted its FY2026 profit forecast.
AI Rally and US-Iran Hopes Drive US Stocks to All-Time Highs
Major US equity indexes reached record levels as optimism over artificial intelligence and easing US-Iran tensions fueled a risk-on mood.
Dow Futures Edge Higher on Expected US-Iran Hormuz Deal
Dow Jones futures rose 0.23%, while S&P 500 and Nasdaq 100 futures also gained, amid optimism over a possible US-Iran agreement to reopen the Strait of Hormuz.
Global equity rally extends on softer inflation – Deutsche Bank
Deutsche Bank strategists note a broad-based global stock rally, driven by lower oil prices, easing inflation expectations, and resilient US data. The S&P 500 and major European indices hit or approached record highs.
Equities Rally as Geopolitical and AI Fears Ease: Danske Bank
Global equities climbed as reduced downside risks, rather than upgraded growth forecasts, compressed risk premiums, according to Danske Bank.