A chronological text record of the AI Market Commentator: important releases, breaking developments, market reactions and concise context for the trading day.
Breaking market update. The U.S. economy appeared soft in the second quarter, with Gross Domestic Product growing at an annualized 1.5%, a slowdown from 2.1% in the first quarter. This missed economists' expectations of 2.1%. However, a significant factor impacting this growth was the investment in AI infrastructure.
Good morning. In market news, CRWV and NBIS have both seen a surge. Separately, Smith-Midland has been awarded a 1.7 million dollar contract. Additionally, US natural gas inventories have risen.
Breaking market update. US natural gas stocks have risen by 28 billion cubic feet.
Breaking market update. Natural Gas Storage is at 28. The previous reading was 32.
Breaking market update. US Natural Gas Futures are up 1%. This follows the EIA report.
Breaking market update. The EIA has just released its natural gas inventory report. We are monitoring the market response.
Breaking market update. The US EIA reports a natural gas storage increase of 28 BCF. This indicates a rise in US natural gas storage.
Breaking market update. White House crypto adviser Patrick Witt on Wednesday called out banks for lobbying against a stablecoin yield ban they originally demanded. Witt posted "Make it make sense" as an August deadline looms. The American Bankers Association had demanded a ban on stablecoin interest payments to protect community bank deposits. The Clarity Act included that ban. Banks then stated the CLARITY Act must be stopped, citing concerns it would destroy community bank lending. American Bankers Association president Rob Nichols told CNBC the banking industry supports crypto regulation but said the current bill leaves a gap.
Breaking market update. Brazil has initiated a WTO dispute regarding US duties. We are monitoring the market response.
Breaking market update. OWL has reaffirmed its ability to beat consensus expectations for 2026.
Breaking market update. U.S. stocks are higher, with the Dow Jones index gaining around 300 points on Thursday. Shares of Lam Research Corp rose sharply after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates. Lam Research reported fourth-quarter revenue of $6.72 billion, beating analyst estimates of $6.67 billion. The company posted adjusted earnings of $1.82 per share for the quarter, beating estimates of $1.68 per share. Lam Research shares jumped 20.1% to $303.00 on Thursday. Xerox Holdings Corp shares jumped 37.3% to $3.62 after the company reported better-than-expected quarterly financial results.
Breaking market update. SLMT has partnered with Kraken Institutional.
Breaking market update. The US Atlanta Fed's initial GDPNow estimate for Q3 is 4.95%. The GDPNow for Q2 is 1.50%, revised from a previous 1.54%.
Breaking market update. Saudi Arabia To Strike Back. Saudi Arabia vows self-defense.
Breaking market update. Xcel Energy Secures 4GW Data Center Load. Xcel Energy to add 4GW data center load by 2027. The directly tagged instruments are XEL. We are checking the market response and additional verified context.
Breaking market update. VLO expects 2 billion dollars in capital investments. VLO plans 2 billion dollars in capital investments in 2026.
Breaking market update. Saudi Sees Regional Escalation Risk. Saudi may strike back in self defence. The directly tagged instruments are SAUDI. We are checking the market response and additional verified context.
Breaking market update. Saudi Arabia indicates a risk of regional escalation. Saudi Arabia states it may respond in self-defense.
Breaking market update. Saudi Arabia to strike back in self defense. Saudi Arabia considers self defense strike. We are checking the market response and additional verified context.
Breaking market update. Shell CFO: Shell sees overall 5% to 6% inflation in its costs. We are checking the market response and additional verified context.
Breaking market update. YUM: Taco Bell sales recovering. Taco Bell sales rebound after outbreak. The directly tagged instruments are YUM. We are checking the market response and additional verified context.
Breaking market update. Leopold Aschenbrenner unwinds public stock positions. This action follows reported losses.
Breaking market update. AAPL, JNJ, LLY, NFLX, PM, ABBV decline. Major stocks decline. The directly tagged instruments are AAPL, ABBV, JNJ and LLY. We are checking the market response and additional verified context.
Breaking market update. Faber may sell Anthropic stake. This is a developing story.
Breaking market update. Nasdaq Surges Over 600 Points; Microsoft Shares Jump After Upbeat Q4 Results. U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 600 points on Thursday. Following the market opening Thursday, the Dow traded up 0.69% to 51,951.16 while the NASDAQ surged 2.54% to 25,063.22. The S&P 500 also rose, gaining, 1.29% to 7,410.80. Leading and Lagging Sectors Information technology shares jumped by 5% on Thursday. In trading on Thursday, communication services stocks fell by 3.3%. Top Headline Shares of Microsoft Corp (NASDAQ: MSFT ) jumped around 15% on Thursday after the company reported better-than-expected fourth-quarter financial results. Microsoft reported fourth-quarter revenue of $90.01 billion, up 18% year-over-year. The revenue total beat a Street consensus estimate of $87.62 billion. The company reported quarterly earnings per share. The directly tagged instruments are CAPR, CCB, INO and MSFT. We are checking the market response and additional verified context.
Breaking market update. USD/JPY has hit 159.171. The pair is observed to be falling to 159.171.
Breaking market update. H has lowered its full-year net rooms growth forecast. H has cut its full-year net rooms growth forecast.
Breaking news: Russia has extended its export bans. The ban on diesel exports is extended by one month, and the ban on gasoline exports is extended by six months. This information comes via IFX.
Breaking market update. Russia extends diesel export ban by 1 month - IFX. We are checking the market response and additional verified context.
Breaking market update. Microsoft shares have jumped 15%.
Breaking market update. NATO Secretary General Rutte states that Poland's airspace was violated by a Russian missile.
Breaking market update. NATO Secretary General Rutte has stated that Poland's airspace was violated by a Russian missile.
Breaking market update. BAX +16% after Q2 net sales above expectations ($2.96B vs $2.8B est) and management raising FY organic sales growth guide to +2-3% vs flat p. BAX +16% after Q2 net sales above expectations ($2.96B vs $2.8B est) and management raising FY organic sales growth guide to +2-3% vs flat previously. FY EPS guide $1.95-2.15 ex-items vs prior guidance $1.85-2.05. Revenue growth +3-4% Y/y vs prior guidance flat to +1%. The directly tagged instruments are BAX. We are checking the market response and additional verified context.
Breaking market update. GERMANY'S MERZ ON X: INCIDENT IN POLAND DEMONSTRATES RUSSIA'S RECKLESSNESS, WILLINGNESS TO ESCALATE. We are checking the market response and additional verified context.
Breaking news: Microsoft's fiscal fourth-quarter earnings report shows a significant gain. The company recorded a $3.2 billion gain from its investment in Anthropic during the quarter. This gain exceeded the $2.748 billion operating income from Microsoft's More Personal Computing segment, which includes Windows, devices, Xbox, and search advertising, by approximately 16%.
Breaking market update. What's Behind the Amazon Stock Bounce Ahead of Q2 Earnings. Amazon.com Inc. (NASDAQ: AMZN ) shares are trading higher Thursday morning as traders rally around AWS momentum ahead of the company’s quarterly earnings release after the bell. Amazon.com shares are consolidating. What should traders watch with AMZN? What To Watch For Amazon’s Q2 Earnings The setup into the quarter is centered on whether AWS can again outshine the core retail story, after the company posted 17% revenue growth in the first quarter with AWS up 28% and described that cloud growth as the fastest in 15 quarters. For the upcoming second-quarter print, analysts have penciled in revenue of $196.02 billion and EPS of $1.82, while management guided revenue to a $194 billion to $199 billion range. Amazon is also trading into a more skeptical AI-capex backdrop after since the start o. The directly tagged instruments are AMZN. We are checking the market response and additional verified context.
Breaking market update. Shell is redirecting LNG volumes from Asia to Europe.
Breaking market update. SHEL targets FID on LNG Canada Phase 2 by year-end.
Breaking market news. The Shell CEO states the primary impact on the LNG market from the Middle East conflict is observed in the spot market. The CEO anticipates tightness in the LNG market for the upcoming quarter.
Breaking market update. SHEL Redirects LNG Volumes to Europe. SHEL redirects LNG volumes from Asia to Europe. The directly tagged instruments are SHEL. We are checking the market response and additional verified context.
Breaking market update. SHEL expects a tight LNG market in the third quarter. This is a direct statement from SHEL.
Breaking market update. US Stocks Extend Gains. US stocks rise. The directly tagged instruments are QQQ. We are checking the market response and additional verified context.
Breaking market update. The Japan Yen has strengthened sharply. The Yen is now at 160.607.
Breaking market update. Faber has exited all public investments. This information is from a recent news report.
Breaking market update. The IGV software index has fallen. The SMH semiconductor index has risen 4.7%.
Breaking market update. Wall Street is rallying. Dip buyers are emerging.
Breaking market update. ICE beats profit estimates, buys MarketAxess. ICE beats profit estimates and buys MarketAxess. The directly tagged instruments are ICE. We are checking the market response and additional verified context.
Breaking market update. Fortinet has lifted its annual revenue forecast. This is a direct report.
Breaking market update. BAX has raised its annual profit forecast.
Breaking market update. Meta: HSBC Cuts Price Target. HSBC cuts Meta price target to $830. The directly tagged instruments are META. We are checking the market response and additional verified context.
Breaking market update. HSBC has lowered its price target for Meta. That's HSBC cutting Meta's target.
Breaking market update. Avery Dennison rises. Avery Dennison beats Q2 sales and profit. The directly tagged instruments are AVY. We are checking the market response and additional verified context.
Breaking market update: WTW has reported its Q2 adjusted profit, which beats estimates.
Breaking market update. Mastercard beats Q2 profit estimates. Mastercard Q2 profit beats estimates. The directly tagged instruments are MA. We are checking the market response and additional verified context.
Breaking market update. Microsoft shares are up 12%.
Breaking market update. HASSETT: VERY BULLISH ON FED POLICY GOING IN PROPER DIRECTION. The directly tagged instruments are DXY. We are checking the market response and additional verified context.
Breaking market update. AEP's capital plan, valued at 78 billion dollars, does not include Texas load growth.
Breaking market update. Apple shares are trading slightly lower in Thursday's premarket session. The stock reached a new all-time high on Wednesday. Third-quarter expectations include revenue of $108.86 billion, compared to $94.04 billion a year ago, and EPS of $1.89, compared to $1.57.
Breaking market update. Jana is pushing Fiserv to review its portfolio and refresh its board.
Breaking market update. Yemen Houthis deny Egypt port strike. Houthis deny Egypt port drone strike.
Breaking market update. White House Senior Adviser Hassett stated, "I am very bullish on Fed policy going in the proper direction."
Breaking market update. NEC Hassett states Warsh is serious about getting inflation back to target. Hassett also states Warsh is a realist when asked if Warsh is a Fed hawk or dove.
Breaking market update. International Paper Q2 Sales Miss Estimates. International Paper misses Q2 sales estimates. The directly tagged instruments are IP. We are checking the market response and additional verified context.
Breaking news: Exelon has reported its second-quarter net income. The company posted $396 million for the quarter.
Breaking market update. Starbucks Stock Climbs After Q3 Beat as 'Back to Starbucks' Plan Shows Results. Starbucks Corporation (NASDAQ: SBUX ) shares are trading higher Thursday after the company reported better-than-expected third-quarter financial results and raised its fiscal-year earnings per share guidance above estimates. Starbucks stock is at critical resistance. What’s driving SBUX to record levels? Q3 Results Highlight Comp Sales Strength Starbucks reported adjusted earnings per share of 85 cents, beating the consensus estimate of 66 cents. In addition, it reported revenue of $9.32 billion, beating the consensus estimate of $9.15 billion. Global comparable store sales rose 7.9%, marking the company’s fourth consecutive quarter of comp growth, driven primarily by a 4.2% increase in comparable transactions and a 3.5% increase in average ticket. U.S. comparable store sales increased 7.9. The directly tagged instruments are SBUX. We are checking the market response and additional verified context.
Breaking market update. NEC Hassett stated that Warsh's job became easier with today's inflation data. Hassett also affirmed continued confidence in Warsh.
Breaking market update. HASSETT: WARSH'S JOB IS NOW EASIER WITH TODAY'S INFLATION DATA. We are checking the market response and additional verified context.
Breaking market update. PTC shares are trading higher. The company reported better-than-expected Q3 adjusted EPS results and raised its FY26 sales guidance, with its midpoint above estimates. Barclays maintained an Overweight rating on the stock and raised its price target from $150 to $155.
Breaking market update. EMCOR's second-quarter earnings per share are reported at $9.06. Additionally, EMCOR has exceeded its second-quarter revenue estimates.
Breaking market update. Meta's free cash flow has collapsed by 91% to 784 million dollars.
Breaking market update. SPY bond yields continued higher this morning. The June personal consumption expenditures price index matched forecasts. Core PCE, the Fed's preferred inflation gauge, increased 3.3% annually. Gross domestic product growth slowed to 1.5% in Q2, which was weaker than expected.
Breaking market update. NBR Stands Out Among Group. NBR outperforms in land rig and frac services. The directly tagged instruments are NBR and PDS. We are checking the market response and additional verified context.
Breaking market update. Faber's portfolio is heavily levered, at four times.
Breaking market update. Remitly has launched a Global Card. This card is designed for access to borrowing, spending, saving, and sending across borders. Remitly states that for over a decade, customers have used their service to send money. The Global Card aims to extend this to individuals such as workers who send money home, professionals living in multiple countries, freelancers in areas with volatile currencies, and global nomads. Features include preferred FX rates and faster delivery speeds for transfers made from an eligible Remitly Global Card.
Breaking market update. Nuwellis stock, trading under the ticker NUWE, has jumped. The stock is up 170% following the acceptance of a study.
Breaking market update. The price target for ARM has been cut to $280. This is a reduction in the ARM price target.
Breaking market update. Unity's price target has been raised to $45. The directly tagged instrument is U. We are checking the market response and additional verified context.
Breaking market update. Truist has maintained a 'Buy' rating on MAS. They cite 'weak plumbing outside of tariff refund' as creating a '2027 headwind'.
Breaking market update. TGT PT Raised to $165. TGT price target raised to $165. The directly tagged instruments are TGT. We are checking the market response and additional verified context.
Breaking market update. The Chicago Fed Labor Market Indicators for July 2026 have just been released. The full report is now available.
Breaking market update. Iran has issued a warning to Cyprus, stating that it should not permit attacks originating from its territory.
Breaking market update. Chicago Fed Prelim US July Unemployment Rate Forecast 4.13%. The directly tagged instruments are DXY. We are checking the market response and additional verified context.
Breaking market update. Last year, UPS's dividend consumed nearly all of its adjusted free cash flow. UPS second-quarter revenue rose 7.6% to $22.8 billion. Adjusted operating profit increased 12% to $2.1 billion, and adjusted operating margin widened to 9.2% from 8.8%. UPS raised its 2026 targets to about $91.2 billion of revenue, $8.65 billion of adjusted operating profit and $7.22 of adjusted EPS. FedEx fiscal 2026 revenue rose to $94.7 billion, while adjusted operating income reached $6.61 billion and adjusted free cash flow came to $4.68 billion.
Breaking market update. IMNN Reports Strong Enrollment Momentum. IMNN sees strong enrollment in phase 3 trial. The directly tagged instruments are IMNN. We are checking the market response and additional verified context.
Breaking market update. The effective Fed funds rate for July 29th is 3.63%. This compares to 3.63% on July 28th.
Breaking market update. JPMorgan CEO Dimon Warns Markets Underprice Risk. Dimon warns of underpriced risk in markets. The directly tagged instruments are JPM. We are checking the market response and additional verified context.
Breaking market update. TT has beaten Q2 consensus estimates. This includes both top and bottom line estimates for the second quarter.
Breaking market update. Iran's revolutionary guards claim responsibility for an attack on the Ali Al Salem airbase in Kuwait. This information is from Tasnim.
Breaking market update. Humana Inc. (NYSE: HUM) announced plans to exit additional Medicare Advantage plans in 2027. This move is expected to affect approximately 600,000 members. Humana stated these changes are part of a strategy to improve profitability and reshape its Medicare Advantage portfolio, aiming for a 3% pre-tax margin by 2028. The planned exits will primarily target lower-return plans.
Breaking market update. Iran's Revolutionary Guards claim responsibility for the attack on the Ali Al Salem airbase in Kuwait - Tasnim. We are checking the market response and additional verified context.
Breaking market update. The Bank of England has stated it is not discussing an 'insurance' rate hike. The Bank of England rules out an 'insurance' rate hike.
Breaking market update. As of July 30, 2026, three stocks in the industrials sector have been identified as potentially overbought based on the Relative Strength Index, or RSI. The RSI is a momentum indicator that compares a stock's strength on up days versus down days. An asset is typically considered overbought when its RSI is above 70. Huron Consulting Group Inc (NASDAQ: HURN) is among these stocks. On July 28, Huron Consulting Group reported second-quarter financial results that exceeded expectations and increased its FY2026 adjusted EPS and sales guidance.
Breaking market update. TASNIM News reported Iran's Islamic Revolutionary Guard Corps (IRGC) attacked a US military base in Kuwait early Thursday local time. We are checking the market response and additional verified context.
Breaking news: The U.S. goods trade deficit widened to $1.80 trillion over the last 18 months, compared to $1.74 trillion in the prior period. On a full-year basis, the U.S. goods trade deficit expanded 3.86% from $1.21 trillion in 2024 to $1.26 trillion in 2025. This data is from the U.S. Bureau of Economic Analysis and Census Bureau.
Breaking market update. Leopold Aschenbrenner's AI hedge fund, Situational Awareness, is reportedly raising cash. The fund, which returned 439% net through June, is seeking additional capital from investors and lenders following recent losses in the AI selloff. Some investors were also offered the opportunity to purchase assets directly from the portfolio. These discussions were described as ad hoc rather than a coordinated raise, according to a Financial Times report. The fund did not respond to the FT.
Breaking market update. Seanergy Maritime has agreed to a 60 million dollar sale leaseback.
Breaking market update. Credit Agricole has released information regarding the FOMC Rate. This is from FJElite.
Breaking market update. Goldman Sachs has released information regarding the FOMC Rate Decision. This is according to FJElite.
Breaking news. A military source indicates Russia likely used a North Korean missile in a strike on a residential building near Ukraine's Kryvyi Rih.
Breaking market update. HII is up 115 points in premarket trading following its results.
Breaking market update. Lithia Motors PT Raised. LAD price target increased to $490.
Breaking market update. Products refined from Russian Crude may be both sold on the domestic Kazakh market and shipped back to Russia - Kazakh Energy Ministry. The directly tagged instruments are CL. We are checking the market response and additional verified context.
Breaking market update. Natixis has released information regarding the FOMC Rate Decision. We are monitoring for further verified context.
Breaking market update. MNTS Achieves On-Orbit Success. MNTS achieves on-orbit success with Vigoride 7. The directly tagged instruments are MNTS. We are checking the market response and additional verified context.
Core PCE Price Index m/m is out. Actual 0.1. Forecast 0.4. Previous 0.3. We are monitoring the first market reaction and will return with a follow-up.
Breaking market update. BMY has delayed its Atrial Fibrillation trial data. The new timeline indicates a delay to Q1 2027.
Breaking market update. US stocks are up. This follows recent earnings reports.
Breaking market update. RJF price target has been raised to $196.
Breaking market update. BMO has raised its price target on FTNT to $185. BMO maintains a Market Perform rating on FTNT.
Breaking market update. BMO has raised its price target for CHEF. We are checking the market response and additional verified context.
Breaking market update. BMO has reiterated an Outperform rating on ADP and raised its price target to $305. This follows ADP's fiscal year-end results and its guidance for fiscal year 2027.
Breaking market update. Meta Platforms stock is down nearly 10% in Thursday's premarket. The company reported second-quarter revenue of $60.8 billion, exceeding the analyst consensus estimate of $59.5 billion. However, adjusted earnings were $6.18 per share, missing expectations of $7.13. Meta also raised the low end of its 2026 capital expenditure outlook to a range of $130 billion to $145 billion.
Breaking market update. Mastercard has beaten its EPS estimate.
Breaking market update. BoE Governor Bailey states that indirect inflation effects are expected to add 0.5 percentage points to inflation in the second half of 2026.
Breaking market news: Monster Beverage, ticker MNST, is scheduled to report its financial results for the second quarter of 2026 on August 6, 2026.
Breaking market update. German CPI YoY Prelim Actual 2.8% (Forecast 2.7%, Previous 2.30%). We are checking the market response and additional verified context.
Breaking market update. German CPI (Y/Y) Jul P: 2.8% (est 2.7%; prev 2.3%) - CPI (M/M): 0.8% (est 0.7%; prev -0.3%) - CPI EU Harmonised (Y/Y): 2.8% (est 2.8%; prev. German CPI (Y/Y) Jul P: 2.8% (est 2.7%; prev 2.3%) - CPI (M/M): 0.8% (est 0.7%; prev -0.3%) - CPI EU Harmonised (Y/Y): 2.8% (est 2.8%; prev 2.4%) - CPI EU Harmonised (M/M): 0.9% (est 0.8%; prev -0.2%). We are checking the market response and additional verified context.
Breaking market update. German CPI Prelim July 2026 Report. We are checking the market response and additional verified context.
GDP quarter-over-quarter data has just been released. The actual figure is 1.5. The forecast was 1. The previous reading was -0.6.
Breaking market update. MKTX is up 27% following M&A news. MKTX has jumped 27% on merger news.
Breaking news: The BUD Ab InBev CEO stated expectations to deliver the previously forecast 25 basis point annual volume uplift from the World Cup. The CEO also noted that the World Cup would have delivered more volume if countries in the Americas had advanced further in the tournament. Additionally, historic heatwaves across Europe are not seen as beneficial for beer. Global consumers are described as resilient to Iran war impacts, though a small slide in Consumer Confidence was observed between Q1 and Q2, particularly for lower-income groups.
Breaking market update. EME has lifted its 2026 revenue and profit forecast.
Breaking market update. VCEL has authorized a $200 million share buyback. The company is launching a $200 million share repurchase program.
Breaking market update. Regeneron's second-quarter earnings per share are reported at $14.29. This figure beats the estimated earnings per share for the second quarter.
Breaking market news: Intercontinental Exchange will pay MKTX a termination fee of $327.4 million. This payment is confirmed.
Breaking market update. EUDA has announced a collaboration on its cell therapy program. This advances EUDA's cell therapy program.
Breaking market update. TT Trane Technologies RESULTS: Q2, Q2 ADJ EPS $4.31 vs. EST $4.26, Q2 ADJ EBITDA $1.340B vs. EST $1.355B, Q2 operating margin 19.3%, Q2 Oper. TT Trane Technologies RESULTS: Q2, Q2 ADJ EPS $4.31 vs. EST $4.26, Q2 ADJ EBITDA $1.340B vs. EST $1.355B, Q2 operating margin 19.3%, Q2 Operating Income $1.224B vs. EST $1.255B, Q2 EPS $4.2, Q2 REV $6.354B vs. EST $6.197B, Trane Technologies Earnings Notes:, - Trane Technologies Q2 ADJ EBITDA margin 21.1%, Outlook FY ADJ EPS from cont ops $15.2-15.3 vs. EST $14.9. The directly tagged instruments are TT. We are checking the market response and additional verified context.
Breaking market update. MSFT is up 9.9% following its earnings report.
Breaking market news: JPMC has upgraded SFM to Overweight.
Breaking market update. Quanta Services reports Q2 revenue of $9.6 billion. This figure exceeds revenue estimates for the quarter.
Breaking market update. INKW has expanded product availability at Walmart.
Breaking market update. Microsoft shares are trading higher. The company reported better-than-expected Q4 financial results. Q1 sales guidance was issued with its midpoint above estimates. Piper Sandler maintained an Overweight rating on the stock and raised its price target from $540 to $550.
Breaking market update. EME Emcor Group RESULTS: Q2, Q2 EPS $9.06, Q2 REV $5,154.892M vs. EST $4.709B, Emcor Group Earnings Notes:, Outlook FY EPS $32-33.25, Outloo. EME Emcor Group RESULTS: Q2, Q2 EPS $9.06, Q2 REV $5,154.892M vs. EST $4.709B, Emcor Group Earnings Notes:, Outlook FY EPS $32-33.25, Outlook FY REV $20,000-20.500B. The directly tagged instruments are EME. We are checking the market response and additional verified context.
Breaking market update. TENB has been downgraded to Neutral. This information is based on a recent market report.
Breaking market update. CORZ has been upgraded to Outperform.
Fortinet Inc. reported second-quarter revenue of $2.05 billion, a 26% increase year-over-year, exceeding the Street consensus estimate of $1.89 billion. Earnings per share were 90 cents, above the 75 cents consensus. The company projects third-quarter revenue between $2.01 billion and $2.10 billion, higher than the current Street estimate of $1.95 billion. Third-quarter earnings per share are expected to be in the range of 83 to 87 cents.
Breaking market update. Robinhood has maintained its Market Outperform rating.
Breaking market update. Stifel maintains its buy rating on BBNX.
Breaking market update. Southern, ticker SO, has affirmed its fiscal year 2026 adjusted earnings per share guidance. The company's guidance remains at $4.50 to $4.60. This compares to an analyst estimate of $4.58.
Breaking news: EMCOR Group, Inc., trading under the ticker EME, has just reported its Second Quarter 2026 results. We are monitoring for further details and market reaction.
Breaking market update. CAPR has been downgraded to Neutral. This information is based on a recent news report.
Breaking news: Stifel has raised its price target for Microsoft to $450 from $400. This follows Microsoft's reported solid Q4 results, which included Azure performance approximately 300 basis points better than expected, and an addition of 10 million Copilot M365 users quarter-over-quarter, which was about 4 million more than anticipated. The company also reported improved profitability.
Breaking market update. Southern Company, ticker SO, has reported its second-quarter 2026 earnings.
Breaking market update. Mobilicom has secured an AI autonomous weapon design win. This involves a new AI-enabled autonomous weapon design.
Breaking market news: Intercontinental Exchange, ticker ICE, is set to acquire MarketAxess, ticker MKTX. The acquisition price is $167 per share, valuing MarketAxess at an equity value of $6 billion and an enterprise value of $5.70 billion. The deal is to be financed entirely with newly issued debt. ICE anticipates the deal will be accretive to adjusted earnings per share in the first year. Additionally, ICE has increased its baseline share repurchases to $400 million per quarter.
Breaking market update. ICE has acquired Marketaxess for $5.7 billion. This is a direct acquisition.
Breaking market update. FVRR has been downgraded to Perform. This downgrade was issued by OPCO.
Breaking market update. Price targets for LRCX have been both raised and lowered by banks.
Breaking market update. Laureate Education, ticker LAUR, has increased its full-year 2026 guidance. Additionally, the company has increased its share repurchase authorization by 150 million dollars. This information comes from an SEC filing.
Breaking market update. OWL posted a higher Q2 profit. This was driven by fee-related earnings and a 12% year-over-year growth in assets under management, reaching $319 billion. Adjusted EPS narrowly beat expectations. New capital commitments were $7.8 billion, compared to $13.9 billion in the prior year. New money from private wealth was $1.7 billion, down from $4.4 billion in the year-ago quarter.
Breaking market update. META's price target has been reduced to $725. This information is based on a recent report.
Breaking market update. The US has released GDP, jobless claims, and inflation data. We are monitoring the market response.
Breaking market update. HII Huntington Ingalls has raised the low end of its fiscal year 2026 shipbuilding operating margin guidance to 6.0%-6.5%.
Breaking market update. BAX Baxter RESULTS: Q2, Q2 ADJ EPS $0.54 vs. EST $0.37, Q2 REV $2.960B vs. EST $2.795B, Q2 Net Income $126M, Baxter Earnings Notes:, Outlook. BAX Baxter RESULTS: Q2, Q2 ADJ EPS $0.54 vs. EST $0.37, Q2 REV $2.960B vs. EST $2.795B, Q2 Net Income $126M, Baxter Earnings Notes:, Outlook FY REV growth 3-4%, Outlook FY ADJ EPS $1.95-2.15 vs. EST $1.91. The directly tagged instruments are BAX. We are checking the market response and additional verified context.
Breaking market update. BoE MPC sees CPI in Q3 2027 in adverse outlook scenario at 4.1%, and 2.4% in the milder scenario. We are checking the market response and additional verified context.
Breaking market update. The Bank of England Monetary Policy Committee projects CPI in Q3 2027 at 4.1% under an adverse outlook scenario. In a milder scenario, the projection for Q3 2027 CPI is 2.4%.
Breaking market update. The Bank of England's Monetary Policy Committee members who voted to hold interest rates believe that tighter financial conditions provide additional time to assess evidence regarding inflation risks.
Breaking market update. The Bank of England's Monetary Policy Committee states that policy may need to react before inflation persistence risks materialize conclusively.
Breaking market update. The Bank of England's Monetary Policy Committee states that risks to inflation forecasts are tilted to the upside. They also note that the outlook could change materially depending on the Iran war.
Breaking market update. The Bank of England states that inflation peaks at 3% in Q4 2026 in a milder scenario.
Breaking market update. The UK has held interest rates at 3.75%. This decision was made with a 6-3 vote.
Breaking news: Bristol-Myers Squibb has updated its financial guidance for fiscal year 2026. The company raised its adjusted EPS guidance from a range of $6.05-$6.35 to $6.75-$7.00. This compares to an analyst estimate of $6.34. Additionally, Bristol-Myers Squibb increased its sales outlook for FY2026 from $46.000 billion-$47.500 billion to $49.000 billion-$50.000 billion, against an analyst estimate of $47.472 billion.
Breaking market update. MPC Members Greene, Pill, and Mann voted to increase rates by 0.25 percentage points. The Bank of England stated the impact of the energy shock on the UK remains uncertain, and the committee is ready to act as necessary. The BoE indicated CPI could reach 3.2% in Q4 2026, a change from June minutes which suggested a little above 3.25% for the same period. BoE's Bailey noted inflation has fallen faster than expected but is projected to rise again later this year, with the BoE aiming to ensure any increase is temporary. The BoE forecast shows CPI falling below the 2% target in Q1 2028, with no central forecast provided in April.
BoE Interest Rate Decision is out. Actual 3.75. Previous 3.75. We are monitoring the first market reaction and will return with a follow-up.
Breaking market update. Builders FirstSource, trading under the ticker BLDR, has lowered its fiscal year 2026 sales guidance. The company's outlook is now between $14.000 billion and $14.800 billion. This is a change from the previous guidance of $14.600 billion to $15.600 billion. The current estimate for fiscal year 2026 sales is $14.780 billion.
Breaking news: Bristol Myers Squibb, ticker BMY, has released its Q2 results. The company reported Q2 revenue of $12.97 billion. The estimated revenue was $11.75 billion. Adjusted earnings per share for Q2 came in at $2.04, against an estimate of $1.59. For the full fiscal year, Bristol Myers Squibb is now forecasting revenue between $49 billion and $50 billion. The prior estimate for full-year revenue was $47.47 billion. Full-year adjusted EPS is projected to be $6.75 to $7, compared to an estimate of $6.34. The company also updated its outlook for Eliquis revenue growth to 20% to 25%, up from a prior forecast of 10% to 15%.
Breaking news: RACE has announced that personalizations and mix continue to drive strong results. The company has also raised its 2026 guidance.
Breaking news: AEP has reported its second-quarter 2026 earnings. The company has also raised its full-year guidance.
Breaking market update. AOS A O Smith RESULTS: Q2, Q2 EPS $0.91, Q2 ADJ Net Income $142M vs. EST $134.6M, Q2 REV $1,004.3M vs. EST $994.9M, Q2 Net Income $124.9M, A. AOS A O Smith RESULTS: Q2, Q2 EPS $0.91, Q2 ADJ Net Income $142M vs. EST $134.6M, Q2 REV $1,004.3M vs. EST $994.9M, Q2 Net Income $124.9M, A O Smith Earnings Notes:, Outlook FY ADJ EPS $3.7-3.85, Outlook FY REV growth 2-3%. The directly tagged instruments are AOS and O. We are checking the market response and additional verified context.
Breaking market update. Iran's Islamic Revolutionary Guard Corps claimed a missile strike on Jordan's Azraq air base destroyed three U.S. F-35 fighters and damaged three more. They stated this action was retaliation for an alleged U.S. airstrike on Qeshm Island that reportedly killed three civilians. This claim has not been independently verified.
Breaking market update: Labcorp, ticker LH, has announced its second-quarter 2026 results. The company has also raised its full-year 2026 guidance.
Breaking news: Hershey has raised its fiscal year 2026 adjusted earnings per share guidance. The new range is $8.36 to $8.52, up from the previous $8.20 to $8.52. This compares to an analyst estimate of $8.48. Hershey affirmed its fiscal year 2026 sales guidance, maintaining the range of $12.159 billion to $12.277 billion, against an analyst estimate of $12.245 billion.
Breaking news: Hershey has raised its FY2026 adjusted EPS guidance. The new range is $8.36 to $8.52, up from the previous $8.20 to $8.52. This compares to an analyst estimate of $8.48. Hershey affirmed its FY2026 sales guidance, maintaining the range of $12.159 billion to $12.277 billion, against an estimate of $12.245 billion.
Breaking market update. Iran's IRGC states it targeted a US base in Jordan on Thursday morning.
Breaking market update. Iran's IRGC state they attacked the Azraq Base in Jordan. This is according to state media.
Breaking market update. Citi has lowered its price target for META to $800 following the company's recent results. Citi noted multiple paths for monetization.
Breaking market update. Iran notes talks with Oman over management of the Strait of Hormuz continue. This information is from ILNA.
Breaking market update. Citi has raised estimates and price targets for Microsoft to $600 following the company's recent results.
Breaking market update. An explosion at a port on Egypt's Mediterranean coast set fire to two ships, including a U.S. gas-storage tanker. Egyptian authorities stated Thursday that a drone attack caused the incident. This marks the first targeting of the country during the current Iran war.
Breaking market update. STVN has received marketing authorizations in Europe.
Breaking market update. Trane Technologies, ticker TT, has reported strong second-quarter results. The company has also raised its full-year revenue and EPS guidance.
Breaking market update. ADDYY is down 18% in premarket trading following its results. Other instruments to watch include NKE, LULU, DECK, and ONON.
Breaking news: Pakistan has secured safe passage for an LNG shipment through a deal with Iran.
Breaking market update. Qualcomm Inc. stock fell approximately 6% in premarket trading Thursday. The chipmaker reported fiscal third-quarter revenue of $9.9 billion, exceeding the analyst consensus estimate of $9.67 billion. Adjusted earnings per share were $2.21, missing a Street estimate of $2.23. The company issued fourth-quarter adjusted earnings guidance below expectations. Qualcomm CDMA Technologies segment revenue was $8.5 billion. Qualcomm Technology Licensing revenue totaled $1.3 billion. QCT automotive revenue increased 61% from a year earlier.
Breaking market update. WFC: Target 432. WFC target price increased.
Breaking market update. Checkpoint has launched an AI network firewall. This introduces an AI-powered firewall.
Breaking market update. Norwegian Cruise Line has narrowed its fiscal year 2026 adjusted EPS guidance. The new guidance is $1.50, revised from a previous range of $1.45 to $1.79. This compares to an analyst estimate of $1.67.
Breaking news: Valero Energy, ticker VLO, has released its Q2 results. The company reported Q2 revenue of $44.476 billion. This compares to an estimated $39.059 billion. Q2 EPS was $12.62, with adjusted EPS at $12.54. The estimated adjusted EPS was $10.1.
Breaking news: Check Point Software, ticker CHKP, has released its Q2 results. Adjusted EPS came in at $2.55, against an estimated $2.45. Revenue was $674 million, compared to an estimated $676.4 million. Reported Q2 EPS was $1.87. The company noted a $28 million reduction in R&D expenses in Q2, attributed to Israel's new R&D tax incentive program.
Breaking news: RTRS cites sources reporting a drone attack on Lukoil's Perm Refinery in Russia on Wednesday. The attack caused a fire, and one of the Perm Refinery's crude distillation units was damaged and forced to shut down.
Breaking market update. USO tankers are diverting from the Black Sea. This is a developing situation.
Breaking market update. Fed Hike Odds Rise. Fed hike odds increase for September and December.
Breaking market update. OpenAI's July revenue has exceeded its second-quarter revenue.
Breaking market update. Amazon has flagged AI cost overruns. Amazon AI projects are incurring catastrophic cost overruns.
Breaking market update. Polish Prime Minister Tusk states the US is interested in the missile incident investigation.
Breaking market update. State media reports three Revolutionary Guards members killed in a US attack on Iran.
Breaking market update. Rocket Lab has signed a deal with iQPS. This agreement includes three launches.
Breaking market update. Cytokinetics has received UK Marketing Authorization for MYQORZO for the treatment of symptomatic obstructive hypertrophic cardiomyopathy in adult patients. Concurrently, the National Institute for Health and Care Excellence, NICE, has issued guidance recommending aficamten for use in eligible adult patients in England and Wales. NICE guidance specifies aficamten as an option for symptomatic oHCM in eligible adults with NYHA class II to III. It can be used as an add-on to optimized standard care, including beta-blockers, non-dihydropyridine calcium-channel blockers, or disopyramide, or alone if these treatments are contraindicated, and if the company provides it under a commercial arrangement.
Breaking market update. CRH Plc has reaffirmed its fiscal year 2026 guidance for adjusted EBITDA and diluted EPS.
Breaking market update. Cytokinetics, trading as CYTK, has announced MHRA Marketing Authorisation for MYQORZO® (aficamten). Additionally, the company announced positive guidance from NICE for symptomatic obstructive hypertrophic cardiomyopathy in England and Wales.
Breaking market update. MSFT +8.8% premarket while META falls -9.3% after results/guidance last night. The directly tagged instruments are META and MSFT. We are checking the market response and additional verified context.
Breaking market news: TE has announced a $120 million convertible notes offering. This involves TE issuing $120 million in convertible senior notes.
Breaking market update. Treasury yields are back on the move. The 10-year Treasury yield is up 2 basis points to 4.70%. The 30-year Treasury yield is up 3 basis points to 5.23%. The 2-year Treasury yield is unchanged at 4.27%. Yesterday, the 30-year U.S. Treasury bond yield was up 9.84 basis points at 5.193% after hitting 5.213%, which was its highest level since July 2007. The 2-year yield dropped 10 basis points to 4.22% before closing down 1 basis point on the day at 4.27%. The 10-year yield rose 7 basis points to 4.68% yesterday.
Breaking market update. WTW reports second-quarter revenue above estimates.
Breaking market update. Trane Technologies Raises FY2026 GAAP EPS Guidance from $14.75-$14.95 to $15.00-$15.10 vs $14.87 Est. Trane Technologies (NYSE: TT ) raises FY2026 GAAP EPS guidance from $14.75-$14.95 to $15.00-$15.10 vs $14.87 analyst estimate. The directly tagged instruments are TT. We are checking the market response and additional verified context.
Breaking market update. Trane Technologies, trading under ticker TT, has raised its fiscal year 2026 GAAP EPS guidance. The new guidance range is $15.00 to $15.10, an increase from the previous range of $14.75 to $14.95. This compares to an analyst estimate of $14.87.
Breaking market update. Citigroup has cut its target price for Meta to $800.
Breaking news: CRH has released its Q2 results. Sales for the second quarter were reported at $10.800 billion. The estimated sales were $10.652 billion. Q2 earnings per share were $2.21.
Breaking market update. XEL - Xcel Energy has released its Second Quarter 2026 Earnings Report. We are checking the market response and additional verified context.
Breaking market update. ING Groep expects a 15 to 20 basis points risk-weighted assets release.
Breaking market update. Amazon identifies AI projects with spending overruns. Amazon identifies AI projects with cost overruns.
Breaking news: CRH has just reported its second-quarter 2026 results. We are monitoring for further details.
Breaking market update. Democrats are set to probe an Iran attack that killed six US troops. This information comes from the Washington Post.
Breaking market update. T1 Energy has announced the issuance of $120 million in convertible notes, due in 2031.
Breaking market update. The EU has disbursed 3.47 billion Euros to Ukraine. This disbursement is under the defense window of the 90 billion Euro Ukraine Support Loan.
Breaking news: Air Products, ticker APD, has raised its fiscal year 2026 adjusted EPS guidance. The new guidance is $13.39 to $13.49, up from the previous range of $13.00 to $13.25. This compares to an analyst estimate of $13.16.
Breaking news: WTW has released its Q2 results. Revenue was $2.466 billion, against an estimated $2.421 billion. Adjusted EPS was $3.35, compared to an estimated $3.12. The adjusted operating margin was 19.5%. Organic growth for the quarter was 5%. The company's full-year 2026 guidance remains unchanged.
Breaking market update. CRH has affirmed its fiscal year 2026 GAAP EPS guidance. The guidance remains at $5.60 to $6.05. This compares to an analyst estimate of $5.97.
Breaking market update. Red Cat has received a $2.49 million Air Force order. This is a $2.49 million Air Force contract win for Red Cat.
Bank of America reports that European asset managers have made modest adjustments to their USD hedge ratios.
Breaking market update. The US is urging a ban on Chinese AI. This includes consideration of banning Chinese AI for contractors.
Breaking market update. The European Union has announced an investment of 34.40 billion dollars into AI gigafactories.
Breaking market update. The European Union has offered 10 billion euros for AI data centers.
Breaking market update. Piper has raised its price target for Microsoft to $550. Other price targets for Microsoft have also been raised and cut.
Breaking market update. CVNA price targets have been cut and raised by BTIG, Jefferies, JPM, and RBC.
Reports indicate that oil investment deals in Venezuela have stalled. This follows information that American oil majors attempting to enter Venezuela have encountered difficulties.
Breaking market update. Luis Campos has purchased 46,830 shares of BWMX.
Breaking market update. Tankers are diverting from the Black Sea.
Breaking market update. Tankers are diverting from the Black Sea. This is based on reports that tankers are leaving the Black Sea.
Breaking market update. MUFG has warned that the dollar outlook has deteriorated. This follows the Federal Reserve leaving rates unchanged and providing limited clarity on its policy path. MUFG stated that rising inflation expectations and fading confidence in the Fed could lead to a steepening of the yield curve, with long-term yields increasing faster than short-term rates. This pattern has historically impacted the U.S. dollar.
Breaking market update. U.S. 30-year Treasury yields climbed to 5.24%. This marks a 19-year high for these yields. The Federal Reserve left rates unchanged. The Fed offered little guidance on its next move. Markets scaled back expectations for a September rate hike. Analysts indicated that uncertainty over the Fed's inflation stance, Middle East tensions, and higher oil prices could keep long-term yields elevated.
Breaking market update. The Wall Street Journal has reported that a bidding war among Exxon, Chevron, and other companies for Venezuela's prime oil fields has reached an impasse.
Breaking market update. Premarket Gainers: NUWE is up 100%. NUWE leads premarket gainers.
Breaking market update. DDOG has been priced at $305.
In market news, sources indicate that Iran is expected to receive Chinese shoulder-launched missile systems in the coming weeks. Separately, analysts have adjusted price targets for Qualcomm, with some cutting targets. For Carvana, analysts have both cut and raised price targets.
Breaking market update. The Renault CEO states Nissan is open to relying more on Renault technology. Nissan is to rely more on Renault tech in Europe.
Breaking news: Polish Prime Minister Donald Tusk reports a missile landed in Poland. The missile struck an uninhabited area, and Tusk stated there was no immediate danger. Poland was prepared to shoot it down. Authorities have not yet confirmed the exact type of the missile, though it appears to have been Russian.
Breaking market update. IRAN TO RECEIVE CHINESE AIR DEFENCE MISSILES: REUTERS Iran is expected to receive an initial shipment of up to 400 Chinese-made MANPADS with. IRAN TO RECEIVE CHINESE AIR DEFENCE MISSILES: REUTERS Iran is expected to receive an initial shipment of up to 400 Chinese-made MANPADS within weeks under a deal worth $60—70 million, Reuters reported, citing sources. The systems would strengthen Iran's short-range air defences after months of conflict with the U.S. and Israel. China denied the report, while Pakistan rejected claims it would facilitate deliveries. We are checking the market response and additional verified context.
Breaking news: Evercore ISI has removed Meta from its Top Pick List. The firm maintained an Outperform rating but reduced its price target for Meta to $820 from $930. This action follows Evercore's assessment of rising AI spending, limited visibility on future capital expenditures, and a lack of clear AI monetization, despite Meta's solid second-quarter results that modestly exceeded expectations.
Breaking market update. South Korea is weighing a short-selling ban. This information is currently being processed for market response.
Breaking market update. The VIX volatility index is at 19.71. The VIX volatility index has risen.
Breaking market update. Poland's Premier Tusk states that Poland is in contact with NATO regarding a missile incident.
Consumer Price Expectations has just been released. The actual figure is 30.3. The forecast was 40. The previous value was 33.9. The release differs from the published forecast.
In about one minute: Consumer Price Expectations. The published forecast is 40. The previous reading was 34. The market will focus on EUR.
Breaking market update. Deutsche Bank has kept its 2026 debt issuance guidance.
Breaking market update. A Polish Prosecutor states they have received a request from Ukraine for their specialists to assist with the investigation into the object that fell in a field.
Breaking market update. One CBC Member states the Inflation Outlook Remains Tolerable. They also noted a need to Prudently Assess Monetary Policy, and that Core Price Indicators Show a Rising Trend.
In market news, Egypt's Damietta Port has confirmed full operational efficiency. Separately, BMW's joint venture in China is reporting reduced profitability. In Germany, SAP has been cleared in a data access investigation.
Germany has cleared SAP in a data access probe. This follows an investigation into potential data abuse by the company.
Breaking market update. Microsoft shares are trading higher in pre-market. The company reported fourth-quarter revenue of $90.01 billion, an 18% increase year-over-year. This revenue figure exceeded the Street consensus estimate of $87.62 billion. Microsoft also reported quarterly earnings per share of $4.74, which beat the Street consensus estimate of $4.24. Microsoft shares jumped 7.8% to $421.10 in pre-market trading. Separately, Nuwellis gained 125.6% to $4.27 in pre-market trading.
Breaking market update. Polish Premier Tusk states that all points indicate a Russian ballistic missile. We are monitoring for market response.
Breaking market update. Poland's Prime Minister Tusk has stated that the missile incident is serious.
Market update for the last few minutes. Germany CPI North Rhine Westphalia (M/M) July: 0.9% (prev -0.4%). EU Council Amends Ukraine Plan To Reflect €8B Extra For 2026. We will interrupt the broadcast if a higher-impact development appears.
Good morning. We have some new inflation data from Germany. In North Rhine-Westphalia, the monthly CPI for July was 0.9%, an increase from the previous -0.4%. The yearly CPI for the region rose to 2.7% from 2.1%. Similarly, in Saxony, the monthly CPI was 0.7%, up from -0.3%, and the yearly CPI increased to 2.8% from 2.3%. Separately, the EU Council has amended its Ukraine plan to include an additional 8 billion euros for 2026.
Breaking market update. The Pentagon has committed over $135 billion to accelerate Patriot interceptor and nuclear submarine production. This commitment follows President Trump's stated pressure on defense contractors to expand factories and prioritize output. The Army converted an April agreement with Lockheed Martin into a seven-year contract, valued at up to $58.6 billion, for PAC-3 Missile Segment Enhancement interceptors. This plan extends through fiscal year 2032 and supports Lockheed's stated goal of increasing annual output to 2,000 missiles and tripling capacity by 2030.
Breaking market update. JP Morgan has adjusted its target price for Qualcomm to $215.
Breaking market update. Reports indicate the IDF has found dozens of weapons in a Lebanese village. We are monitoring for market response.
Breaking market update. The EU Council has amended its Ukraine plan. This amendment reflects an additional 8 billion euros for 2026.
Germany's CPI for Bavaria in July showed a month-over-month increase of 0.6%, following a previous decrease of 0.2%. Year-over-year, the CPI for Bavaria in July was 2.8%, up from the prior 2.5%.
Breaking market update. Germany's North Rhine-Westphalia region reports July CPI month-over-month at 0.9%, up from the prior -0.4%. The year-over-year CPI for the region is 2.7%, an increase from the previous 2.1%.
Breaking market update. Germany's Saxony region reports monthly CPI at 0.7%, an increase from the prior -0.3%. The year-over-year CPI for Saxony is 2.8%, up from the previous 2.3%.
Breaking market update. Germany's CPI for Saxony shows a month-over-month increase of 0.7%. The previous month's figure was -0.3%. Year-over-year, CPI Saxony is at 2.8%, up from the prior 2.3%.
Breaking market update. Germany's July CPI for Bavaria shows a month-over-month increase of 0.6%, following a previous -0.2%. The year-over-year CPI for Bavaria is 2.8%, up from the prior 2.5%.
Breaking market update. Germany CPI Bavaria month-over-month for July is 0.6%, compared to the previous -0.2%. Year-over-year CPI for Bavaria is 2.8%, up from the previous 2.5%.
Breaking market update. EquipmentShare.com faces a securities lawsuit. This is a developing story.
Breaking market update. Japan's Mitsubishi Motors has partially halted production. This suspension is due to supply constraints.
Breaking market update. BAE is considering defense electronics acquisitions. This information is based on a recent report.
Breaking market news: Porch Group shares are up 18.61% in after-hours trading, reaching $14.66. This follows their second-quarter earnings report. The company reported earnings per share of $0.05, which exceeded the analyst estimate of -$0.02. Revenue for the second quarter was $140.9 million, a 12% increase year-over-year, and surpassed analyst expectations. Net income attributable to Porch was $5.6 million. Adjusted EBITDA, excluding reciprocal, increased 150% year-over-year to $39.1 million. Insurance Services revenue rose 38% to $92.9 million, with Reciprocal Policies Written also up 38% year-over-year.
Breaking market update. Iran's Revolutionary Guards stated, 'We will punish the aggressor today,' following a recent US attack, according to state media.
Breaking market update. China states that reports of sending weapons to Iran are untrue.
BMW has indicated no direct impact from Chinese competition in Europe.
Breaking market update. QatarEnergy has purchased 33 US LNG cargoes. This action by QatarEnergy is to offset disruption in the Strait of Hormuz.
Economist Mohamed El-Erian stated that strains in artificial intelligence financing extend beyond individual companies. He noted that increased borrowing by technology firms and ongoing government deficits are impacting credit markets. El-Erian shared a Wall Street Journal report on Meta's AI spending costs, indicating a broader trend in credit markets. He described a dynamic between rising funding needs from tech capital spending and government deficits, and high interest rates.
The CPI year-over-year actual has been verified at 3.5. This compares to a previous figure of 3.2 and a consensus expectation of 3.0.
Breaking market update. Iran has stated, "Aggressor Will Be Punished Today." This follows a threat from Iran regarding punishment for an aggressor.
Mitsubishi Electric is planning a new factory. This factory is planned for Ohio.
Breaking news: Drones have attacked the Port of Taman in Russia's Krasnodar Region. This information comes from IFX.
In market news, Mercedes-Benz has issued a recall for 310,667 vehicles in the US due to safety concerns. Separately, Mitsubishi Electric is planning a new factory in Ohio. Also, BP has started up a major facility expansion project at Atlantis in the Gulf of America. This project is expected to add approximately 10,000 barrels of oil equivalent per day of gross peak annualized average production, with around 5,000 barrels of oil equivalent per day net to BP.
Breaking market update. Egypt reports a drone attack on ships in Damietta.
Breaking market update. SK Hynix Inc. shares have experienced a severe drop. The company also missed its second-quarter operating profit consensus and cut its fiscal 2026 capital expenditure guidance by 11%. Tech investor Dan Niles has stated that this drop, and the broader semiconductor sector's performance, represents a "short-term bottom" for AI stocks. Niles attributes the selloff to "forced liquidations" and "margin calls in both retail accounts and hedge funds."
The CPI year-over-year figure has been released. The verified actual stands at 3.5%. This follows a previous figure of 3.2% and a consensus expectation of 3.0%.
The CPI year-over-year actual has been verified at 3.5. This follows a previous actual of 3.2 and a consensus of 3.0.
Breaking market update. Spain's HICP year-over-year flash data shows a rise of 3.8%. This figure is above the forecast.
Breaking news: Spanish CPI Month-over-Month Flash data has just been released.
Breaking market update. Spain's July preliminary CPI year-over-year is reported at 3.5%, against an estimated 3.2% and a previous 3.2%. The month-over-month CPI is 0.2%, compared to an estimated 0.6% and a previous 0.6%. The CPI EU Harmonized year-over-year is 3.8%, with an estimate of 3.7% and a previous 3.6%. The CPI EU Harmonized month-over-month is -0.1%, matching the estimate and down from the previous 0.6%. Core CPI year-over-year is 3.0%, up from the previous 2.9%.
CPI y/y is out. Actual 3.5. Forecast 3. Previous 3.2. We are monitoring the first market reaction and will return with a follow-up.
Breaking market update. Spanish CPI YoY Flash has just been released.
In about one minute, the KOF Economic Barometer is due. The published expectation is 97.9. The previous reading was 101.2. This release is often watched for its potential impact on the Swiss Franc.
We have an update on the French non-farm payrolls story. The latest information indicates a 0.1% decrease in non-farm payrolls in France.
We have a new development regarding the ongoing story about US-Iran de-escalation talks. The Pakistan Foreign Minister's spokesperson has stated that these talks are continuing.
Breaking market update. Radio host Alex Jones has called for President Donald Trump's impeachment. Jones cited the U.S. conflict with Iran, stating the administration has exceeded constitutional authority and is moving toward a broader war. He urged Congress to remove Trump from office, referencing impeachment or the 25th Amendment.
Breaking news: The Treasury Department has announced sanctions against two Iran-linked companies. These companies, Hormuzsafe Marine Services Authority and Persian Gulf Marine Insurance Company, are accused of supporting an Islamic Revolutionary Guard Corps-backed maritime scheme. The Treasury Department's Office of Foreign Assets Control designated these firms, stating the alleged scheme pressured commercial vessels in the Strait of Hormuz to purchase mandatory maritime insurance.
Breaking market update. Rolls-Royce has raised its 2026 targets. This information is based on a recent news report.
France has released its non-farm payrolls data. The reported figure indicates a 0.1% decrease in non-farm payrolls.
Breaking market news: Investor Gary Black of The Future Fund LLC has stated a fair value price for Tesla Inc. (NASDAQ: TSLA) at $312. Black reaffirmed his concerns regarding the company's valuation.
Breaking now: Pakistan's Foreign Ministry Spokesperson reports that US-Iran de-escalation talks are ongoing. This information comes via Anas Mallick on X.
In market news, CNCK has announced a partnership with Gelephu Mindfulness City.
Breaking market update. Poland has established a team to investigate an airspace violation. This development follows reports of Poland probing an airspace violation.
CPC oil loadings have been halted. This follows a tanker attack at a mooring.
We have an update on a developing story. The headline for the CPC oil loadings has been updated to reflect that loadings were halted after a tanker was attacked at its mooring.
Breaking market update: The Dow Jones index recorded its worst session since April 2025, declining over 1,100 points. The CNN Money Fear and Greed index showed a sharp decline in overall market sentiment and remained in the 'Fear' zone. Micron Technology Inc. and KLA Corp. each fell approximately 10%. General Dynamics Corp. posted better-than-expected second-quarter earnings. The Federal Reserve left its benchmark interest rate unchanged at 3.50% to 3.75%. Crude oil prices spiked.
Breaking market update. WP.PL cites a Polish government source stating a Russian missile likely crashed in Eastern Poland.
Breaking market update. Authorities report an enterprise caught fire in Russia's Krasnodar Region following a drone attack.
CPC has suspended oil loadings. This follows a tanker attack by a drone.
Good morning. In market news, CPC has suspended oil loadings. This follows a tanker attack by a drone. Separately, in Sweden, non-manual wages have risen 2.8% year-over-year.
Breaking market update. Goldman Sachs has upgraded Rio Tinto to a 'Buy' rating.
In Sweden, non-manual wages have risen by 2.8% year-over-year. Meanwhile, US Crude Futures have reached a session high of $85.39 per barrel.
Breaking market update: Shell has commenced a share buyback program.
Breaking market update. Ukraine’s President Zelenskiy reports Russia launched over 70 missiles and more than 280 drones at Ukraine overnight.
We have an update regarding the Strait of Hormuz. Iran's Fars News Agency reports that a Qatari ship, carrying liquefied natural gas, passed through the Iranian-designated route in the Strait of Hormuz. This passage occurred with Iran's permission.
Breaking market update. EssilorLuxottica Target Cut. Barclays has cut the target price for EssilorLuxottica.
Breaking market update. JP Morgan has adjusted its target price for Meta. The new target is $640.
Breaking market update. Iran's Fars News Agency reports a Qatari ship carrying LNG passed through the Iran-designated route in the Strait of Hormuz with Iran's permission.
Breaking market update: A Fed pause is reported. Long bonds are falling. Nasdaq futures are rising. This information is from an Asia market wrap.
We have an update on France consumer spending. The latest information indicates a canonical story revision has been received.
Breaking market news. U.S. stock futures are trading higher this morning. Microsoft reported fourth-quarter revenue of $90.01 billion, an 18% increase year-over-year, surpassing the Street consensus estimate of $87.62 billion. Microsoft shares jumped 8.9% to $425.21 in after-hours trading. Apple is expected to post quarterly earnings of $1.89 per share on revenue of $108.65 billion after the closing bell. Apple shares rose 0.6% to $340.15 in after-hours trading.
Breaking market update. France consumer spending rises 0.4% m/m. France consumer spending beats forecast. We are checking the market response and additional verified context.
Breaking market update. Mark Zuckerberg stated that Meta Platforms will continue developing its own frontier AI models. He indicated that current open-source models are not as strong as frontier models and that relying on third-party technology carries strategic risks.
GDP quarter-over-quarter has been released. The actual figure is 0.2. The forecast was 0.1. The previous reading was -0.1. We are monitoring the initial market reaction.
Breaking market update. France consumer spending rose 0.4% month-over-month. This figure exceeded forecasts.
In about one minute: GDP quarter-over-quarter. The published forecast is 0.1. The previous reading was -0.1. The market will focus on EUR.
Breaking market update. Iran reports two tankers suffered fire overnight on the southern Hormuz route. This is a developing situation.
Breaking market update. Russia's Wildberries logistics hub has been disrupted by fire. This is a developing situation.
In market news, US Senators are pressing Apple regarding its chip sourcing. Separately, Faraday Future indicates that it benefits from FCC robotics policy.
We have an update on the story regarding US Senators and Apple. A canonical story revision has been received.
Breaking market news: Pharming has reported its second quarter and first half 2026 financial results. The company also revised its year-end guidance. This report highlights Joenja momentum and upcoming clinical readouts.
Breaking market update. Russia conducted strikes on military targets across Ukraine, including Kyiv, Lviv, and Dnipro regions. Additionally, three cargo ships were struck, according to the Defence Ministry.
Breaking market update. US Senators are pressing Apple on chip sourcing. This follows reports that US senators are urging Apple to avoid Chinese chips.
Breaking market update. Russia has carried out a mass strike on Ukraine. This information comes from IFX.
Breaking market update. Poland activated air defenses, and sirens sounded in Lublin during Russian strikes on Ukraine. The alert was lifted after several minutes.
Breaking market update. The Jordan Armed Forces report foiling an attempt to target the Kingdom with five missiles. The missiles were launched from Iran. No casualties were reported.
Breaking market update. Jordan's state news agency reports that the Jordan armed forces foiled an attempt to strike the kingdom with five missiles from Iran.
Breaking market update. Toyota Global Sales fell 1.1% year over year.
Breaking market update. An explosion has been reported at Al-Muwaffaq Al-Salti Air Base in Jordan.
Breaking market update. Luis Campos has purchased 46,830 shares of BWMX. The purchase price was $16.41 per share.
In market news, Piper Sandler has raised its price target for Microsoft.
Breaking market update. Virgin Media O2 owners are weighing debt options. This involves a consideration of debt reduction by the owners of Virgin Media O2.
Breaking market update. EDF is exploring the sale of stakes in its modular reactor projects. This information is based on recent reports.
Breaking news: JP Morgan now expects the Federal Reserve to implement a 25 basis point rate hike in December 2026. This updates their previous forecast, which anticipated rates to remain unchanged this year.
Breaking market update. Reports indicate a Russian missile strike on Lviv, with officials stating 15 people are injured and individuals remain trapped under rubble.
Breaking market update. Officials report fifteen injured in a Russian missile strike on Lviv, with residents still trapped under rubble. We are checking the market response and additional verified context.
Southern Cross Acquisition I Corp has begun separate trading of its shares, warrants, and rights.
In market news, Southern Cross Acquisition I Corp has begun separate trading of its shares, warrants, and rights. Separately, Japan has sold 2-year government bonds.
In market news, Southern Cross Acquisition I Corp has begun separate trading of its shares, warrants, and rights. Meanwhile, Japan has sold two-year government bonds. Additionally, Japan is aiming to submit legislation for a tax cut.
In recent market activity, Japan has sold two-year government bonds. Additionally, Japan aims to submit legislation for a tax cut. Separately, the hedge fund QQQ - Situational Awareness, founded by former OpenAI employee Leopold Aschenbrenner, has sought to raise fresh capital from investors. This follows reported losses during a recent period of decline in AI stocks.
In market news, Japan is planning to submit tax cut legislation. Separately, the hedge fund QQQ - Situational Awareness, founded by Leopold Aschenbrenner, has sought to raise fresh capital. This follows heavy losses experienced by the fund during a recent decline in AI stocks. The fund has engaged in discussions with existing investors and lenders to secure new capital and has also offered investors the option to purchase assets from its portfolio.
Breaking market update. Officials report six killed, including children, and eight wounded in a Russian missile strike on Ukraine's Kryvyi Rih.
Breaking news: Russian air strikes on Ukraine's Lviv have injured six people. This information comes from the Mayor of Lviv.
Breaking market update. Russian air strikes on Kyiv, Ukraine, have resulted in six reported injuries. This information comes from the mayor.
Breaking market update. Six individuals have been reported injured in Russian air strikes on Ukraine's Lviv, according to the mayor.
US Crude Futures are down more than one dollar, currently trading at 83 dollars and 27 cents per barrel.
Breaking news: Samsung Electronics shares rose over 6% in Seoul. The company reported a record second-quarter operating profit of 89.5 trillion Korean Won, surpassing analyst forecasts of 88.13 trillion Korean Won. Revenue reached 171.5 trillion Korean Won, falling short of the 172.65 trillion Korean Won consensus. This performance was driven by the device solutions division, with the memory business achieving a record quarter.
Breaking market update. The U.S. military has completed its latest strikes on Iran.
Breaking market update. The U.S. military's Centcom forces have reportedly hit dozens of Islamic Revolutionary Guard Corps targets in Iran.
Breaking market update. US Centcom reports its assets hit dozens of Islamic Revolutionary Guard Corps targets in Iran.
Breaking market update. The United States has launched strikes on Iran. Reports indicate US strikes on locations within Iran.
Breaking market update. U.S. Centcom reports completing a heavy wave of strikes against Iran. This follows missile attempts on U.S. forces yesterday.
Pathfinder Ventures has appointed Mark Roseborough as its new Chief Executive Officer.
Breaking market update. Residential buildings in Ukraine's Lviv have sustained damage, according to preliminary reports from local officials.
Breaking market update. Meta Platforms, Qualcomm, Robinhood, Microsoft and Chipotle: Why These 5 Stock Are on Investors' Radars Today. Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94 The Federal Reserve kept its benchmark interest rate unchanged at 3.50%—3.75% for a fifth consecutive meeting, although three policymakers dissented in favor of a 25-basis-point hike, reflecting growing concern over persistent inflation. Following the decision, markets increased expectations for a September rate hike, while Treasury yields fell, the U.S. dollar weakened, gold rose and major U.S. stock indexes pared their initial gains. These are the top stocks that gained the attention of retail traders and investors through the day. Meta Platforms (NASDAQ: META ) Meta Platforms shares fell 1.31% to. The directly tagged instruments are CMG, HOOD, META and MSFT. We are checking the market response and additional verified context.
We have a breaking news alert. Officials are reporting explosions in Lviv, located in Ukraine's west.
Breaking market update. Samsung's major memory customers are seeking multi-year contracts. This information comes from Samsung itself.
Breaking news: The HKMA has stated it will continue to closely monitor market developments following the Federal Reserve's rate decision.
Market update for the last few minutes. Japan: Finmin Katayama Stresses Fiscal Policy Clarity. Japan Proposes No Ceiling On Budget Requests. Japan: No Need To Surpass Budget Reserves. We will interrupt the broadcast if a higher-impact development appears.
Taiwan stocks have climbed over 2%.
In Asian markets, Taiwan stocks have climbed over 2%. Meanwhile, Japan has trimmed its economic outlook.
Breaking market update. South Korea's Kospi index has risen 3% intraday.
Breaking market update. Samsung Electronics may alter shareholder payouts. Samsung may change its shareholder payout plan.
Breaking market update. State TV reports several loud explosions heard in Ahwaz, Iran.
Breaking market update. BRCB faces a securities lawsuit. Investors in BRCB are able to lead the securities lawsuit.
Breaking market update. State TV reports several loud blasts heard in Iran's Ahwaz.
Breaking market update. A drone strike has hit a Wildberries logistics hub in Russia.
Breaking market update. Crypto legislation has stalled in the Senate.
Building Approvals month-over-month has been released. The actual figure is 7.2. The forecast was 5.5. The previous value was -1.6. The actual release differs from the published forecast.
In about one minute, the Building Approvals month-over-month data will be released. The published forecast for this release is 5.5. The previous reading was -1.1. This data point is typically watched for its potential impact on the Australian Dollar.
Breaking market update. Samsung has announced an investment of 15.4 trillion won. This investment is directed towards its chip unit.
Breaking market update. Samsung warns of an expanding supply-demand gap. This information has just been released.
Breaking market update. Samsung DRAM shipments have increased.
Breaking market update. Samsung Electronics has secured 2nm orders. Samsung foundry is receiving these 2nm orders from cloud providers.
Breaking news out of Korea: 360,000 margin accounts have been liquidated.
Breaking market update. LG Energy has secured large ESS orders. The value of these orders is 3 trillion Korean Won.
Breaking market update. BENF is registering up to 55.7 million shares. This is a registration of shares for resale.
Breaking market update. Qatar has resumed LNG shipments through the Strait of Hormuz. This follows earlier reports of Qatar shipping LNG through Hormuz.
Breaking market update. Iran's Tasnim agency: missile attack hits residential area on Qeshm Island. We are checking the market response and additional verified context.
Breaking market update. Iran's Tasnim agency reports a missile attack on a residential area on Qeshm Island.
Breaking market update. The Colombian government has submitted a 575.7 trillion peso budget for 2027 to congress.
Breaking news: Johnson & Johnson has announced a collaboration with Sail Biomedicines. This partnership aims to advance in vivo Car-T programs and address autoimmune disease. Johnson & Johnson will invest $785 million in Sail Biomedicines and has secured a $2.58 billion acquisition option. The company anticipates these agreements will dilute adjusted operational earnings per share and adjusted earnings per share by approximately $0.18 in 2026 and $1.28 in 2027.
Breaking market update. Nasdaq 100 Futures are up 1.0%.
Breaking market update. Longer-dated 30-year US Treasury yields have risen to 19-year highs. This development is occurring amidst ongoing doubts regarding Federal Reserve rate cuts.
Breaking market update. MSFT has extended its data center and office life to 25 years. This involves a change in MSFT's asset depreciation schedule.
Breaking market update. MSFT cloud revenue has surpassed $214 billion. This figure exceeds $214 billion.
Breaking market update. Reports indicate US strikes in Abadan, Southwestern Iran. This information comes from Fars.
Breaking market update. Explosion heard in Iran's Bushehr: Iranian media. We are checking the market response and additional verified context.
Breaking market update. GD has won a Navy submarine contract. The contract value is 76.6 billion dollars.
We have breaking news. Iranian media reports an explosion was heard in Bushehr, Iran.
Breaking market update. Mesoblast reports Ryoncil net revenues of $36 million.
Breaking market update. LMT has been awarded a 58.62 billion dollar contract by the Department of Defense.
Breaking market update. Iran’s Tasnim news agency reports three blasts on Qeshm Island.
Breaking market update. The United States has launched strikes against Iranian targets. This information is based on recent reports.
Breaking market update. SK Hynix shares have dropped 7%. This extends previous losses.
Breaking market update. Explosions have been reported in multiple southern locations in Iran, according to Iran's press. We are monitoring for further verified information and market reaction.
Breaking news: Press TV reports explosions heard at several locations in Southern Iran.
Breaking market update. News reports indicate the US has launched fresh strikes against Iran. This development is being reported as an escalation.
Sony in Japan has proposed an acquisition of Tamron.
Breaking market update. Poland's armed forces state on X that they have protectively put fighter jets in the air. This action comes amid Russian air strikes on Ukraine.
Breaking market update. CENTCOM reports US Forces began launching strikes against Iran at 8:00 PM ET.
Breaking market update. The U.S. military has launched strikes on Iran.
Breaking market update. Japan's Sony proposes acquiring Tamron. Sony proposes acquiring Tamron.
In Japan, the Nikkei has reversed earlier losses. This reversal coincides with gains observed in Hitachi and Nintendo.
In market news, the Japan Nikkei has reversed earlier losses. This reversal occurred as Hitachi and Nintendo saw gains. Separately, Ark Invest has made portfolio adjustments.
Breaking market update. Samsung's second-quarter profit has surged. The company's profit increased 19-fold.
We have a new development on the story we've been following regarding the Pentagon. A canonical story revision has been received.
In market news, officials report one fatality in Kyiv following Russian air strikes. Separately, Samsung Electronics' System LSI business has recorded its highest-ever revenue.
Breaking market update. HOOD has beaten EPS estimates. HOOD's Q2 revenue has reached a record $1.3 billion.
Breaking news just crossing the wire: The Pentagon has awarded mega contracts to firms. This development comes amid Iran war strains.
SquawkNews LiveCast Briefs are informational market commentary, not investment advice. Facts may be corrected as verified information changes.