Market news
Crypto, stocks, forex and macro, aggregated for traders.
AbbVie Q2 Earnings Beat Estimates but FY14 Guidance Shocks
AbbVie reported Q2 adjusted EPS of $3.65, beating estimates, but issued a full-year adjusted EPS outlook of just $0.14 versus a $14.1 consensus.
Stocks Rebound Sharply as Semiconductors Surge 8.5% and Microsoft Adds $450B
U.S. stocks staged a powerful rebound, with semiconductor shares jumping 8.5% and Microsoft gaining $450 billion in market value, challenging the narrative that AI enthusiasm had faded.
Exxon Mobil Q2 2026 Earnings: EPS Misses, Revenue and Production Beat
Exxon Mobil reported Q2 2026 adjusted EPS of $3.52, slightly below estimates, while total revenue and production exceeded expectations.
Chevron Crushes Q2 Estimates; EPS, Revenue, and Cash Flow All Top Forecasts
Chevron reported second-quarter results that easily beat consensus across the board, with adjusted earnings per share of $6.06, revenue of $70.06 billion, and cash flow from operations of $22.6 billion all far exceeding analyst expectations.
Linde Q2 Earnings Beat, Low End of FY Guidance Raised
Linde's adjusted EPS of $4.50 and sales of $9.29B topped estimates, while the company raised the lower end of its full-year outlook and announced a $1B semiconductor facility investment.
US Stock Futures Climb as Tech Rally and AI Optimism Persist
Dow Jones futures rose 0.59% to around 52,680, while S&P 500 and Nasdaq 100 futures also advanced, driven by tech gains and AI enthusiasm.
Interactive Brokers updates IBKR Desktop platform, enhances Layout Library and Bond Quote Details
Interactive Brokers' IBKR Desktop 3.4 beta adds a streamlined Layout Library, customizable watchlist and column ordering, and richer bond quote details.
Asian Stocks Surge, KOSPI Leads on AI Optimism and Wall Street Gains
Asian equities climbed Friday, with South Korea's KOSPI leading gains, as AI enthusiasm and robust earnings from Microsoft and Amazon fueled a broad tech rally.
Braskem Q2 Resin Sales in Brazil Drop 8% Year-on-Year
Brazilian petrochemical company Braskem reported an 8% year-on-year decline in resin sales volume in Brazil for the second quarter, with plant utilization at 70% and main petrochemical products down 5%, according to a filing.
Vale Lifts 2026 Iron Ore Cost Outlook, C1 Cash Cost Seen Up to $23.5/Ton
Vale raised its 2026 iron ore production cost guidance, with C1 cash costs now projected at $22.5–$23.5 per ton and all-in costs at $58–$62 per ton, according to a corrected filing.
Apple Wins China Approval for Intelligence Features, Siri AI Requires More Work
Apple received Chinese regulatory approval to roll out original features of its Apple Intelligence suite, but Siri AI integration still requires additional work. Meanwhile, the CFO noted softness in App Store mobile gaming revenue.
Apple CEO Tim Cook: Evaluating All Options for Alternative Component Suppliers, AI Upgrades Coming
Apple CEO Tim Cook said on a conference call that the company is evaluating all options for alternative component suppliers, and that users will have upgrade possibilities for heavy use of new AI products.
Apple CFO Warns Supply Constraints to Significantly Worsen in September Quarter
Apple’s CFO expects supply constraints to increase significantly next quarter, affecting iPhone, Mac, and iPad production, while noting softness in App Store mobile gaming revenue.
Apple CFO Guides Q4 Revenue Growth of 9–11%, iPhone Sales Up Mid-Teens
Apple's CFO expects September-quarter total revenue to grow 9% to 11% year-over-year, with iPhone revenue rising in the mid-teens and gross margins landing between 47% and 48%.
Apple Drops 8% After Weak Revenue Guidance, Erasing $390B in Market Cap
Apple shares slid 8% as weaker-than-expected revenue guidance sparked a massive sell-off, wiping out $390 billion in market value within 60 minutes.
Semiconductor Rebound Drives Nasdaq Surge; Microsoft Jumps 16%
A strong rally in semiconductor stocks lifted U.S. equities, with the Nasdaq 100 climbing 3.4% and Microsoft posting its largest single-day gain ever.
Apple Mac Revenue Beats, iPad and China Sales Miss Estimates
Apple reported Mac revenue of $10.35 billion, above the $8.62 billion estimate, while iPad revenue of $6.19 billion fell short of the $6.89 billion forecast. Greater China revenue also missed expectations at $18.82 billion versus $19.58 billion.
Apple Q3 earnings top estimates on iPhone strength, services lag
Apple reported fiscal Q3 EPS of $2.02, beating the $1.89 consensus, with revenue of $109.42 billion ahead of the $108.85 billion forecast. Services revenue fell short of expectations.
Microsoft Shares Surge 15.5%, Best Day Since 2008
Microsoft stock closed 15.5% higher on Wednesday, its strongest single-day performance since October 2008, adding $455 billion in market cap.
Rothera Adds $17 Million as Robinhood Event Revenue Reaches $156 Million
Robinhood's event-contract revenue jumped more than tenfold year over year to $156 million in Q2 2026, overtaking equities and crypto. Rothera contributed $17 million of the total.
SOX Index rebounds from key Fibonacci target, eyes rally to $13,500
The Philadelphia Semiconductor Index has bounced from a critical Fibonacci level, with analysts now targeting a potential move toward $13,500, provided it holds above last week’s low.
Global stocks rally as beaten-down chip names lead recovery
Global stock markets staged an impressive recovery, with heavily sold chip stocks leading a wave of buying, according to Chris Beauchamp, Chief Market Analyst at a leading online trading platform.
Nasdaq 100 Surges Nearly 3% on Single Earnings Report; Dow Flat
The tech-heavy index rebounded from a two-month low, driven by one company's results, while the Dow Jones Industrial Average saw little change.
Hedge Fund Situational Awareness Sells Stock Portfolio to Citadel After AI Losses
Situational Awareness, a hedge fund with a net asset value of $45 billion as of July 1st, has sold the bulk of its stock portfolio to Citadel following significant losses in AI investments, WSJ reports.