Market news
Crypto, stocks, forex and macro, aggregated for traders.
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.
Revolut becomes Front-of-Shirt sponsor of Serie A club Como 1907
Revolut is expanding its partnership with Serie A club Como 1907, becoming front-of-shirt sponsor from the 2026/27 season after serving as the club's global banking and FX partner.
Microsoft Stock Surges 15%, Eyes Biggest Daily Gain Since 2020
Microsoft shares jumped 15% and are on pace for their largest single-day gain since 2020, reversing recent negative sentiment.
Stocks Drop on Fed Uncertainty and Warsh Stance; Microsoft Jumps on Earnings
Equities tumbled as investors weighed the FOMC's rate hold and a lack of forward guidance, while Microsoft Corp. rallied after strong quarterly results.
Leonardo DRS Beats Q2 Estimates, Raises Full-Year Outlook
Leonardo DRS reported Q2 2026 earnings that exceeded analyst estimates, driven by strong revenue and margin performance. The company also lifted its full-year guidance.
Yum Brands EPS Beats, Revenue Misses in Q2 2026
Yum! Brands reported Q2 adjusted EPS of $1.62, topping the $1.57 estimate, while revenue of $9.17B fell slightly short of the $9.19B consensus. Taco Bell led with 7% comparable sales growth.
Hershey's Q2 2026 EPS Soars Past Estimates, Raises Sales Outlook
Hershey's reported Q2 2026 adjusted EPS of $1.90, far above the $1.44 consensus, and lifted its full-year net sales growth forecast.
Bombardier Q2 adj. EPS $2.50 beats estimates, revenue slightly light; FY guide on track
Bombardier reported Q2 2026 adjusted EPS of $2.50, handily beating the $1.41 consensus, while revenue of $2.15 billion came just shy of the $2.18 billion estimate. The company reaffirmed its raised full-year 2026 outlook and announced a new $750 million credit facility.
Cigna Beats Q2 Earnings and Revenue Estimates, Lifts Annual Guidance
Cigna reported Q2 2026 adjusted EPS of $7.78 and revenue of $71.56 billion, both above analyst expectations. The company also raised its full-year adjusted EPS outlook to at least $30.45.
Robinhood Q2 Revenue Hits Record $1.31B as Events Jump 10x
Robinhood Markets reported record Q2 revenue of $1.31 billion, up 45% year over year, as event contract revenue surged more than 10x and crypto trading rose 46%.
Intel Grants Rare Chip Tech Access to Startup RosaicLabs, Led by CEO's Co-Investor
Intel has granted startup RosaicLabs access to certain chip technology in an unusual deal. The startup is led by a co-investor of Intel CEO Lip-Bu Tan in other ventures, according to incorporation filings.
Asian Stocks Swing as Chip Rout Deepens, Nasdaq 100 Enters Correction
Asian equities fluctuated on Thursday, with South Korea's Kospi gaining 0.8% on Samsung's earnings beat and leveraged ETF curbs, while a deepening semiconductor selloff dragged the Nasdaq 100 into correction territory.
Samsung’s Visual Display and Digital Appliance Units Post Slight Q2 Loss
Samsung Electronics reported a slight operating loss for its visual display and digital appliances businesses in Q2, though the appliance unit saw revenue growth from stronger air conditioner sales amid ongoing cost pressures.
Samsung Electronics Flags Persistent Cost Pressures and Soft Demand for System LSI Business
Samsung's System LSI unit warns of ongoing rising component costs and weak consumer demand, while its foundry business saw significant earnings improvement prior to incentive provisions.
Samsung Q2 net profit beats forecast, revenue in line
Samsung Electronics reported second-quarter net profit of 71.3 trillion won, exceeding the LSEG SmartEstimate, while revenue and operating profit matched the company's own guidance.
Meta and Microsoft earnings diverge sharply after hours
Meta shares sank 10% in extended trading while Microsoft rallied following their quarterly reports, highlighting a stark contrast in investor reaction.
Keppel Reports H1 Revenue of SGD 3.81B, Net Profit of S$530M Excluding Divestments
Keppel Corporation posted first-half revenue of SGD 3.807 billion, total operating income of SGD 173.6 million, and a half-year net profit of S$530 million excluding its non-core portfolio for divestment. The company declared an interim dividend of SGD 0.15 per share.
Microsoft Projects Double-Digit Revenue Growth in FY2027
Microsoft expects total revenue to grow at a double-digit pace in fiscal 2027, while capital expenditures rise and free cash flow stays positive.
Microsoft Guides Q1 Revenue at $89.85-$90.95 Billion, Cloud Leads
Microsoft released its quarterly guidance, projecting total revenue between $89.85 billion and $90.95 billion, with the Intelligent Cloud segment expected to generate the largest share at $40.95-$41.25 billion.
Microsoft extends data center, office building useful life to 25 years
Microsoft will extend the estimated useful life of its data centers and office buildings from 15 to 25 years starting FY27, a change that only shifts depreciation timing and is expected to have minimal impact on fiscal 2027 operating income.