Market news
Crypto, stocks, forex and macro, aggregated for traders.
Merck Q2 Sales, Keytruda Top Estimates but FY Profit View Slashed on Deal Charges
Merck reported a narrower loss and higher revenue than expected in Q2, but cut its full-year adjusted earnings forecast due to multi-billion-dollar charges tied to the Cidara and Terns acquisitions.
Spotify Q2 Revenue Misses by €10M, Premium Subs Top 300M; Q3 Guidance Above Estimates
Spotify reported Q2 2026 revenue of €4.78B, just below the €4.79B estimate, while premium subscribers hit 300M vs 299.16M expected. The company guided Q3 revenue to €5B, above the €4.93B consensus.
DuPont Q2 2026 earnings beat estimates, full-year guidance raised
DuPont reported Q2 2026 adjusted EPS of $1.88, surpassing the $1.76 consensus, and raised its full-year profit outlook.
S&P 500 Sees Surface Calm but Underlying Storms Brew
Despite a modest July gain, the S&P 500 faced significant undercurrents as 'Magnificent Seven' earnings reports triggered volatility.
Global Equities Hit All-Time Highs Amid Cyclical Rotation, Tech Recovery
Global equities started August with record highs in several MSCI indices, fueled by sector rotation and a rebound in technology names. Lower oil prices also lent support.
Interactive Brokers enables traders to manage IBKR Price Alerts directly from their connected AI platform
Interactive Brokers updated IBKR Connector to version 1.1.6, allowing clients to create, view, update and delete Price Alerts from connected AI platforms such as ChatGPT, Claude and Grok.
Toyota Q1 Net Profit Surges 75.6% but Full-Year Profit Seen Declining
Toyota's first-quarter net profit rose 75.6% year-on-year to ¥1.48 trillion, but the automaker forecast a 15.5% decline in net income for the fiscal year ending March 2027.
Semiconductor Index SOX Logs Crisis-Level Volatility in July with 2% Intraday Swings All 22 Days
The Philadelphia Semiconductor Index saw 2%+ intraday swings every trading day in July, matching a streak last seen in 2020 and the 2008 crisis. SOX plunged 21% in the month, erasing $2.2 trillion in market cap.
Qantas Sells Jetstar Japan Stake to JAL for Over $80M, DBJ Joins as Shareholder
Qantas Airways agreed to sell its 33.3% minority stake in budget carrier Jetstar Japan to Japan Airlines via a buyback, generating more than US$80 million for core operations. The government-owned Development Bank of Japan will become a new shareholder.
Ecopetrol Drilled Eight Gas Fields in H1 2026, Three Successful
Colombia's Ecopetrol explored eight natural gas fields in the first half of 2026, with three yielding positive results. The company is still waiting for a U.S. license to export gas to Venezuela and has no plans to sell its Permian Basin operations.
Qantas to Gain A$1.15B from Jetstar Japan Buyback and Rebrand
Qantas expects a A$1.15 billion gain, primarily in fiscal 2027, from its Jetstar Japan share buyback, with the low-cost carrier set to rebrand after the divestment.
Qantas to Sell 33% Jetstar Japan Stake to JAL via Buyback by 2027
Qantas has signed a binding agreement to sell its 33.32% stake in Jetstar Japan to Japan Airlines through a share buyback, with the deal set to close by June 2027 pending regulatory approvals.
Leveraged Chip ETFs See Historic Capital Flows, SOXL Attracts Record Inflows
Global leveraged and inverse ETFs tracking semiconductor stocks now hold $21 billion in assets, with SK Hynix leading. The 3x leveraged SOXL ETF drew a record $6.9 billion in July.
Michael Saylor Separates Personal Bitcoin Stash From…
Strategy sold 1,638 BTC for about $104.7M to fund preferred-share obligations, trimming its holdings to 842,138 BTC. Michael Saylor says he never sold his personal Bitcoin.
Snap CFO Sees Durable Improvement and World Cup Benefit Driving Near-Term Growth
Snap's CFO said beyond 2026, the stronger near-term outlook reflects durable business improvements, with direct revenue continuing to outpace overall growth and the World Cup providing a quarterly benefit.
Snap CEO: US Audience Broadens with Older Users, Other Revenue Jumps 85%
Snap CEO said the US audience continued to broaden quarter-over-quarter, led by users aged 35 and older, and that Snapchat+, Memories Storage and Lens+ drove an 85% year-over-year increase in other revenue.
Snap CEO Targets Free Cash Flow Per Share; Eyes Specs Opportunity
Snap CEO announced that free cash flow per share will be the company's primary financial objective going forward, and highlighted smart glasses as the biggest long-term opportunity, with a September 16 launch event in Los Angeles.
Snap CEO: AI Boosts Service Speed, Advertiser Outcomes, and Engagement
Snap’s chief executive says artificial intelligence is helping the company improve its service faster, deepening user engagement and boosting results for advertisers. The firm’s internal AI code reviewer now handles 90% of pull requests.
Hedge Funds Rush Back Into Tech Stocks in Largest Weekly Buying Since 2022
Hedge funds recorded their biggest weekly purchase of US technology stocks since December 2022, driven by long additions and concentrated in software, semiconductors, and hardware.
Palantir Jumps 9% After-Hours on Strong Q2 Earnings and Revenue Beat
Palantir Technologies shares surged 9% in after-hours trading Monday after the company reported second-quarter results that exceeded analyst expectations.
ON Semiconductor Beats Q2 Revenue and EPS, Lifts Guidance Above Estimates
Revenue of $1.60bn and adjusted EPS of 74c topped forecasts; Q3 outlook also surpasses consensus.
Vertex Pharmaceuticals Q2 Revenue Tops Estimates, Raises Full-Year Guidance
Vertex Pharmaceuticals reported Q2 revenue of $3.33 billion, beating estimates, and raised its full-year revenue forecast to $13.1-$13.2 billion.
US Stocks Surge on First Trading Day of August
US equities rallied sharply on Monday, with the Nasdaq jumping more than 2% as tech stocks led global gains.
Robinhood Wins FCA Registration to Offer Crypto Services in…
Robinhood's UK arm joined the FCA's cryptoasset register on July 31, giving it a regulated base before applications for Britain's new crypto framework open later this year.