Crypto & macro news — 04 August 2026

Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling.

Treasuries Rise as Falling Oil Prices Trim Fed Rate-Hike Wagers - Bloomberg.com

oomberg.com

Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance

The Treasury secretary questioned the need for an interest-rate hike.

Apple shares downgraded due to memory chip inflation

Phillip Capital downgraded the iPhone manufacturer, saying the sharp rise in memory prices will undercut that momentum.

Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind

Paulson said voting with the majority last week wasn't a tough decision.

Kalshi strikes partnership with compliance tech firm to help companies police insider trading

The company will announce a partnership with Comply, a compliance technology company, on Tuesday, Kalshi told CNBC.

Judge rules New York can’t ban federal agents from wearing face coverings - AP News

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Oil prices dive on hopes that a deal to reopen the Strait of Hormuz will be made soon

Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.

Oil prices tumble after Bessent says Strait of Hormuz deal may come this week

Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation.

Iran Weighs Allowing Europe to Clear Mines in Strait of Hormuz - Bloomberg.com

oomberg.com

Oil prices fall as US officials raise hopes of a deal with Iran

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.

Oil prices fall on hopes Strait of Hormuz could reopen

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.

Oil prices take a dive as Qatar and Bessent note talks to reopen Strait of Hormuz

Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.

Oil prices slump as Qatar and Bessent note talks to reopen Strait of Hormuz

Oil prices turned sharply lower on Tuesday as a Qatari official talked about a potential short-term deal between the U.S. and Iran.

Oil prices slump as Qatar talks about potential short-term U.S. and Iran deal

Oil prices turned sharply lower on Tuesday as a Qatari official talked about a potential short-term deal between the U.S. and Iran.

Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'

Cargo ship reports being struck in Strait of Hormuz - The Hill

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Cargo ship reports being struck in Strait of Hormuz - thehill.com

thehill.com

Trash Bins Are Turning the Tide in NYC's 'War on Rats' - Bloomberg.com

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Trash Bins Are Turning the Tide in NYC's 'War on Rats' - Bloomberg

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U.S. has used 'virtually all' of its long-range precision missiles during Iran war: Reuters

The U.S. Army has used up much of its stockpile of highly accurate long-range missiles during its war with Iran, people familiar ⁠with the data told Reuters.

Oil prices rise after vessel reports being hit in Strait of Hormuz

The United Kingdom Maritime Trade Operations Center said a ship reported being struck by an “unknown projectile” in the waterway.

Aramco Wants to Lift Oil Export Capacity After War Snarls Flows - Bloomberg.com

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Aramco Wants to Lift Oil Export Capacity After War Snarls Flows - Bloomberg

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BP's $5.7bn profit highest since 2022 as Iran war pushes up oil price

Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.

BP profits highest in four years as Iran war pushes up oil price

Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.

Saudi Aramco profits jump 33% in second quarter as Iran war squeezes oil supply

The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.

Aramco Profit Jumps 33% as US War With Iran Boosts Oil Prices - Bloomberg.com

oomberg.com

Aramco Profit Jumps 33% as US-Iran War Boosts Oil Prices - Bloomberg.com

oomberg.com

Aramco Profit Jumps 33% as US-Iran War Boosts Oil Prices - Bloomberg

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Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply

The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.

Saudi Aramco profits soar in second quarter as Iran war squeezes oil

Ukraine Deploys Killer Robots to Narrow Manpower Gap With Russia in War - Bloomberg.com

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Ukraine Deploys Killer Robots to Narrow Manpower Gap With Russia in War - Bloomberg

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India Raises Fuel Export Tax to Build Stocks on War Concerns - Bloomberg

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Seven months after Trump intervention, US senators seek Venezuela elections - Reuters

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Seven months after Trump intervention, US senators seek Venezuela elections - reuters.com

reuters.com

Trump is making a rare Western trip to to raise cash for Republicans and talk about the economy - AP News

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Trump is making a rare Western trip to to raise cash for Republicans and talk about the economy - apnews.com

apnews.com

White House AI vetting plan to exempt lower-cost ‘open’ models - Politico

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White House AI vetting plan to exempt lower-cost ‘open’ models - politico.com

olitico.com

Authorities say a man carrying ammo was monitoring security at Trump golf course near LA - AP News

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Authorities say a man carrying ammo was monitoring security at Trump golf course near LA - apnews.com

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A man carrying ammo was monitoring security at Trump golf course near Los Angeles, authorities say - AP News

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Trump's EPA was wrong to terminate billions in climate grants, US appeals court rules - reuters.com

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Authorities arrested a man with ammo and apparently monitoring security at Trump golf course near LA - AP News

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Trump advisers tell AI firms they will not safety-test open-weight models - reuters.com

reuters.com

Sen. Susan Collins will oppose Blanche, a critical blow for Trump's AG pick

Attorney General nominee Todd Blanche needs at least 50 votes on the Senate floor to be confirmed after clearing the Senate Judiciary Committee.

EXCLUSIVE: White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline - reuters.com

reuters.com

Trump advisers tell AI firms they will not safety-test open-weight models - Reuters

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Trump advisers tell AI firms they will not safety-test open-weight models, sources say - Reuters

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Trump advisers tell AI firms they will not safety-test open-weight models, sources say - reuters.com

reuters.com

Blanche deal leaves loopholes on anti-weaponization fund, Trump immunity - The Hill

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Blanche deal leaves loopholes on anti-weaponization fund, Trump immunity - thehill.com

thehill.com

Blanche deal leaves loopholes on ‘anti-weaponization’ fund, Trump immunity - The Hill

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Blanche deal leaves loopholes on ‘anti-weaponization’ fund, Trump immunity - thehill.com

thehill.com

UFC parent company lost $30M on White House fight - The Hill

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UFC parent company lost $30M on White House fight - thehill.com

thehill.com

Missouri election chief rejects bid to hold public vote on Trump-backed congressional districts - AP News

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Trump's arch could disrupt the historical significance of many of Washington's sites, report says - AP News

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Trump National Guard deployment in Washington estimated to cost $1.4B more - The Hill

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Trump's arch could disrupt the historical significance of many of Washington's sites, report says - apnews.com

apnews.com

Trump National Guard deployment in Washington estimated to cost $1.4B more - thehill.com

thehill.com

Trump's EPA was wrong to terminate billions in climate grants, US appeals court rules - Reuters

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Trump administration revokes visa of Brazil’s ambassador to US in spat with Lula - AP News

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Trump administration revokes visa of Brazil’s ambassador to US in spat with Lula - apnews.com

apnews.com

So what’s the plan to bring down inflation? The new Fed chair and his White House allies say you shouldn’t ask.

Critics say Kevin Warsh’s determination to cool prices gains isn’t sufficient.

Louisiana bets on rockets as Trump targets environmental reviews - Politico

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Divided federal appeals court says Trump administration was wrong to terminate climate funds - apnews.com

apnews.com

Divided federal appeals court says Trump administration was wrong to terminate climate funds - AP News

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Nearly 3 in 4 Harris voters say Dem lawmakers should challenge Trump more: Poll - The Hill

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Nearly 3 in 4 Harris voters say Dem lawmakers should challenge Trump more: Poll - thehill.com

thehill.com

Trump demands contractors make changes to his under-construction helipad: Report - The Hill

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Trump demands contractors make changes to his under-construction helipad: Report - thehill.com

thehill.com

Trump is making a rare Western trip to talk about the economy, something polls show he's weak on - apnews.com

apnews.com

EXCLUSIVE: White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline - Reuters

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Trump’s arch could harm the integrity of many of Washington’s historical sites, report says - AP News

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Trump’s arch could harm the integrity of many of Washington’s historical sites, report says - apnews.com

apnews.com

EXCLUSIVE: Lockheed seeks U.S. mineral supplies after Trump supply-chain push, sources say - reuters.com

reuters.com

Divided federal appeals court says Trump administration was wrong to terminate climate program - AP News

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Trump administration will close 5 smaller US consulates in Africa, Asia and the Western Hemisphere - apnews.com

apnews.com

Anthropic names global affairs chief to tackle AI policy as Trump tensions persist

Cuéllar is tasked with finding common ground with Trump's Republican administration, which blacklisted and ordered controls around Anthropic's AI this year.

Anthropic names global affairs chief to tackle AI policy as Trump tensions persist - Reuters

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Anthropic names global affairs chief to tackle AI policy as Trump tensions persist - reuters.com

reuters.com

Appeals court blocks Trump from rescinding ‘green bank’ funds - The Hill

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Appeals court blocks Trump from rescinding ‘green bank’ funds - thehill.com

thehill.com

EXCLUSIVE: Lockheed seeks U.S. mineral supplies after Trump supply-chain push, sources say - Reuters

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Warren demands investigation into Trump meme coin - The Hill

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Warren demands investigation into Trump meme coin - thehill.com

thehill.com

Trump administration will close 5 smaller US consulates in Africa, Asia and the Western Hemisphere - AP News

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Meta, Anthropic, Google, OpenAI to meet with Trump advisers amid rogue AI agent fallout - Reuters

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Max Miller says Trump warned of ‘tough’ road ahead in phone call - The Hill

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Max Miller says Trump warned of ‘tough’ road ahead in phone call - thehill.com

thehill.com

Blanche approved by Judiciary Committee, sending Trump's AG nominee to full Senate vote

Attorney General nominee Todd Blanche will still need to receive 50 votes on the Senate floor to be confirmed after clearing the Senate Judiciary Committee.

Blanche approved by Judiciary Committee, Trump's AG nominee heads to full Senate vote

Attorney General nominee Todd Blanche will still need to receive 50 votes on the Senate floor to be confirmed after clearing the Senate Judiciary Committee.

Senate Democrat unveils bill barring social media from selling early access to official posts after Trump API launch - The Hill

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FBI agents fired over Trump investigation get broad backing in lawsuit against administration - AP News

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FBI agents fired over Trump investigation get broad backing in lawsuit against administration - apnews.com

apnews.com

Meta, Anthropic, Google, OpenAI to meet with Trump White House amid rogue AI agent fallout - Reuters

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‘Last chance’: Bessent says Hormuz deal is in sight after Trump's warning on Iran talks

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict.

‘Last chance’: Bessant says Hormuz deal is in sight after Trump's warning on Iran talks

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict.

Trump’s tariffs are his biggest policy failure - The Hill

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Trump warns Iran talks are ‘last chance’ to end war as Qatar confirms diplomatic efforts

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict.

Trump is making a rare Western trip to talk about the economy, something polls show he's weak on - AP News

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Trump and Republicans brand Democrats ‘communists’ amid progressive push

President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive candidates won elections and primaries.

Trump vowed to 'bring free speech back.' Judges in 75 cases ruled that he has stifled it - Reuters

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Trump vowed to 'bring free speech back.' Judges in 75 cases ruled that he has stifled it - reuters.com

reuters.com

EXCLUSIVE: Trump administration drafting ban on Chinese data center devices, sources say - reuters.com

reuters.com

Trump criticizes Pirro’s move to drop Reflecting Pool vandalism charges, what to watch in today’s primaries - AP News

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Trump criticizes Pirro’s move to drop Reflecting Pool vandalism charges, what to watch in today’s primaries - apnews.com

apnews.com

Why Trump Media's sale of fast access to market-moving social posts is controversial

Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social's most influential accounts.

EXCLUSIVE: Trump administration drafting ban on Chinese data center devices, sources say - Reuters

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Trump snaps back to diplomacy, but Iran has other ideas - The Hill

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Trump snaps back to diplomacy, but Iran has other ideas - thehill.com

thehill.com

What is Trump Media's Truth API and why is it controversial?

Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social's most influential accounts.

Trump Tells Iran He Wants Deal on Hormuz Agreed to Immediately - Bloomberg.com

oomberg.com

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict.

BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’

US states sue to block Trump tariffs impacting dozens of countries

The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour.

Iran Sees US as Weak After Trump Backs Off Strikes, CSIS Says - Bloomberg.com

oomberg.com

Iran Sees US as Weak After Trump Backs Off Strikes, CSIS Says - Bloomberg

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Why is Trump Media selling early access to Trump's Truth Social posts?

The service reportedly costs up to $100,000 (£74,170) per month and offers access to posts from influential accounts milliseconds before they appear online.

US revokes visa of Brazilian ambassador over diplomatic dispute - Reuters

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US revokes visa of Brazilian ambassador over diplomatic dispute - reuters.com

reuters.com

Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent

Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.

Could tech replace firefighters in the battle against wildfires?

Tech is being used to watch for wildfires but firefighters are still needed to put them out.

How tech is helping firefighters in the battle against wildfires

Tech is being used to watch for wildfires but firefighters are still needed to put them out.

How tech is helping in the battle against wildfires

Tech is being used to watch for wildfires but firefighters are still needed to put them out.

The cost of being single – and how friends are teaming up to beat it

Many singles face extra costs for housing, bills, food and holidays but there are ways to ease the burden.

Fashion brand Jaded has ad banned for 'glamourising smoking'

The advertising watchdog said Jaded London's marketing email made smoking seem appealing.

Fashion brand Jaded has ad banned for 'glamorising smoking'

The advertising watchdog said Jaded London's marketing email made smoking seem appealing.

Saudi-led group completes $55bn purchase of gaming giant EA

The deal takes the maker of titles including The Sims and EA FC into private ownership - and loads it with debt.

The Sims and EA FC maker Electronic Arts sells for $55bn to Saudi-led group

The deal takes the maker of titles including The Sims and EA FC into private ownership - and loads it with debt.

Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higher

The AI lending company says it’s enhanced its model to better assess the risk of borrowers.

Todd Blanche's nomination for attorney general clears critical hurdle after deal with GOP holdouts - AP News

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'I feel like I dug my own grave': The workers caught in the AI transition

AI is reshaping the Philippines' outsourcing industry, raising questions over the future of the industry.

EXCLUSIVE: US weighs polysilicon price floor, tariffs to counter China in solar and chips - Reuters

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EXCLUSIVE: US weighs polysilicon price floor, tariffs to counter China in solar and chips - reuters.com

reuters.com

Chipotle pulls jalapenos from some locations after salmonella investigation. Here’s what to know.

While Chipotle’s stock slid on Tuesday, it said health investigators had “no ongoing concerns” with the chain after it removed the jalapenos.

Stocks face their weakest seasonal stretch. Why extreme investor pessimism could limit any selling.

U.S. stocks are entering what has historically been the weakest stretch of the year, but unusually bearish investor sentiment could help limit any pullback…

Missouri GOP thwarts Democrats’ effort to undo their gerrymander - Politico

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Missouri GOP thwarts Democrats’ effort to undo their gerrymander - politico.com

olitico.com

McDonald’s says its value meals have become too complicated

The fast-food chain said too many promotions at once led to confusion for staff and customers alike.

Traders are using options to chase a runaway rebound in stocks, pushing the market even higher

Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try…

US stocks hit records as profits keep piling up for Palantir and others, while oil prices ease - AP News

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US revokes visa of Brazilian ambassador over diplomatic dispute, official says - Reuters

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Stocks making the biggest moves after the bell: SpaceX, AMD, Pinterest, Arista Networks, Wynn Resorts & more

These are the stocks posting the largest moves after the bell.

SpaceX stock drops after first earnings report as AI costs soar: Live updates

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

AMD's Data Center unit is driving the company's growth, up 107% over last year.

Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle

The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.

Louisiana wants a space port. Building it could get much easier. - Politico

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Louisiana wants a space port. Building it could get much easier. - politico.com

olitico.com

The stock market soars. 5 reasons behind the big surge Tuesday

The Dow had its best day in nearly two months and the S&P 500 rose to new highs.

SpaceX revenue jumps 92% and AI costs soar in first earnings report since IPO: Live updates

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Pinterest shares fall on lukewarm sales guidance

Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.

Novo Nordisk stock is sliding again — and the Wegovy pill’s surprise miss is partly to blame

The Danish drugmaker also revealed an improved outlook for the year.

SpaceX revenue jumps 92% in first earnings report since IPO: Live updates

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Lucid misses second-quarter expectations as EV maker conducts 'operational reset'

The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.

SpaceX's first earnings report is out — here are the numbers: Live updates

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger

Paramount Skydance reported second-quarter earnings after the bell and said it continues to prepare for its proposed merger with Warner Bros. Discovery.

Dow surges 900 points, S&P 500 closes above 7,700 for first time in booming Wall Street rally: Live updates

Stocks rose on Tuesday as oil prices dropped amid optimism that a U.S.-Iran deal to reopen the Strait of Hormuz could be on the horizon.

The Wegovy pill’s ‘surprise miss’ is one reason Novo Nordisk’s stock is down

The Danish drugmaker also revealed an improved outlook for the year.

Here's Todd Gordon's case for why this stock market breakout is not an August head fake and is likely to continue higher

Failure of Treasury yields to push higher should open the door for continued gains in equities.

Paramount chief executive David Ellison breaks silence on Warner Bros mega merger

The chief executive of Paramount-Skydance says criticism of $110bn (£82m) merger with Warner Bros. relies on outdated Hollywood model.

Guard deployment to Washington into 2029 will cost roughly $1.4B, estimate shows - AP News

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These two dividend payers just joined Evercore ISI’s list of best core ideas. Here’s who else made the grade

Evercore ISI just added a couple of dividend-paying stocks to its list of analysts' top stock picks.

Stocks return to record highs. Investors who sat tight during the recent momentum crash are being rewarded.

S&P 500 heads for 25th record close of 2026, after a 42-day break.

A lab-leak proponent is in line for Fauci’s old job - Politico

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A lab-leak proponent is in line for Fauci’s old job - politico.com

olitico.com

McDonald’s admits its value meals have become too confusing

The fast-food chain said too many promotions at once led to confusion for staff and customers alike.

SpaceX earnings live updates: Stock jumps almost 10% ahead of first earnings report since IPO

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

US stocks rush toward records, and Dow soars 1,000 as profits keep piling up and oil prices ease - AP News

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US stocks rush toward records, and Dow soars 1,000 as profits keep piling up and oil prices ease - apnews.com

apnews.com

These charts suggest the S&P 500 is looking like a bargain. Take them with a grain of salt.

Stocks are expensive and cheap at the same time. That’s the strange spot the S&P 500 finds itself in: It’s sitting at a fresh all-time high on Tuesday, yet the…

Copper Marches Closer to $14,000 as Flows to US Tighten Market - Bloomberg

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Blanche pledges to make Dobbs decision ‘permanent’ in every state - thehill.com

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Blanche pledges to make Dobbs decision ‘permanent’ in every state - The Hill

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Chipotle stock falls on potential link to salmonella outbreak in Minnesota

Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.

Palantir jumps 30% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

OPEC Output Rose in July Led by Gulf Nations, Survey Shows - Bloomberg.com

oomberg.com

The S&P 500 is back at all-time highs, but technical analysts are eyeing this key level

The broad market index will have to close decisively above the 7,620 resistance level to confirm a breakout.

The richest 20% are buying most of the new cars sold in the U.S.

The AI-fueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying.

The richest 20% bought most of the new cars sold in the past several months

The AI-fueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying.

The richest 20% bought most new cars in ‘recent months.’ Automakers depend more and more on the wealthy.

The AI-fueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying.

Dow leaps 1,000 points fueled by earnings, hopes for Hormuz Strait deal; S&P 500 hits record: Live updates

Stocks rose on Tuesday as oil prices dropped amid optimism that a U.S.-Iran deal to reopen the Strait of Hormuz could be on the horizon.

Stocks making the biggest moves midday: Palantir, Amazon, SpaceX, Sandisk, Snap & more

Here are some of the companies making headlines in midday trading.

Grisham files restraining order against Max Miller - The Hill

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Grisham files restraining order against Max Miller - thehill.com

thehill.com

Dow leaps 900 points fueled by earnings, hopes for Hormuz Strait deal; S&P 500 hits record: Live updates

Stocks rose on Tuesday as oil prices dropped amid optimism that a U.S.-Iran deal to reopen the Strait of Hormuz could be on the horizon.

Wednesday, August 5, 2026: Jim Cramer discusses his next moves for the Investing Club

SK Hynix U.S. shares will double in the next 12 months, Cantor Fitzgerald says

While Cantor is the most bullish on SK Hynix stock, it's not alone in its zeal.

S&P 500 hits record, Dow surges 900 points after Bessent says Hormuz deal is near: Live updates

Stocks rose on Tuesday as oil prices dropped amid optimism that a U.S.-Iran deal to reopen the Strait of Hormuz could be on the horizon.

Wall Street Is Deepening Its Crypto Grip and Rewiring the Market - Bloomberg.com

oomberg.com

Wall Street Is Deepening Its Crypto Grip and Rewiring the Market - Bloomberg

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Procter & Gamble will acquire supplements brand Thorne for $3.8 billion, CEO tells CNBC

P&G CEO Shailesh Jejurikar said the acquisition is play to grow the company's health business on CNBC's "Squawk on the Street."

Stocks could soar in August. Here are six potential drivers.

Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.

Procter & Gamble will acquire supplements brand Thorne, CEO tells CNBC

P&G CEO Shailesh Jejurikar said the acquisition is play to grow the company's health business on CNBC's "Squawk on the Street."

Palantir is leaving its software peers behind in the AI race

The company’s focus on sovereign AI is resonating with customers, analysts say.

S&P 500 hits record, Dow surges 800 points after Bessent says Hormuz deal is near: Live updates

Stocks rose on Tuesday as oil prices dropped amid optimism that a U.S.-Iran deal to reopen the Strait of Hormuz could be on the horizon.

New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors

The complaint alleges Amazon's third-party delivery model leads to lower wages, unfair working conditions and a lack of competition.

Abdul El-Sayed, Haley Stevens square off Tuesday in Michigan Democratic primary

Michigan's Senate Democratic primary between Abdul El-Sayed and Rep. Haley Stevens is one of the most closely-watched races of the midterm election.

Job openings fell to a 3-month low. Is the labor market losing momentum?

After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum.

Palantir jumps 27% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

Why Ford believes its 10.2% July U.S. sales decline was still a 'good' month

The July decline adds to a lackluster sales year for the automaker, with results off 9.7% compared to 2025.

SpaceX earnings live updates: First report since IPO comes ahead of massive share unlock

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves

In China's biggest electronics marketplace, Huaqiangbei, technicians don't have the parts to make exact copies of Apple's latest phones.

August 4, 2026 Primary Election Results: Kansas, Michigan, Missouri, Virginia and Washington - AP News

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Caterpillar’s stock gives the Dow a 200-point boost as data-center demand drives record revenue

Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.

Wall Street's confidence in Walmart leaves little room for upside, Oppenheimer says

Oppenheimer downgraded Walmart and removed its price target, saying it will be hard to meet Wall Street's near-term profit estimates.

Wayfair stock jumps more than 25% as retailer posts strongest U.S. growth since 2020

Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.

Democrats face showdown over future in Michigan - The Hill

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Someone on Wall Street thinks SpaceX could triple this week

SpaceX reports its first earnings results since its June IPO Tuesday after the bell.

Blanche commits to abortion access rollback - Politico

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Blanche commits to abortion access rollback - politico.com

olitico.com

AMD earnings are a key test for chips and momentum stocks. Here's what the options market is saying

As AMD prepares to report earnings Tuesday after the bell, market participants face a divergence between positive earnings results and negative price action.

McDonald's says its U.S. business is falling short as it announces new head of its largest market

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.

Caterpillar’s stock gives the Dow a 500-point boost as data-center demand drives record revenue

Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.

Wayfair stock jumps more than 20% as retailer posts strongest U.S. growth since 2020

Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.

Palantir jumps 20% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

3 money rules I swear by — and why they work

Managing money is stressful. The new voice of Don’t Short Yourself is here to share real-life tips and tools we can actually use.

The stock market did something nearly unprecedented in July. That makes UBS bullish

The S&P 500’s July performance looks far more impressive when accounting for the dismal performance in momentum stocks.

Polymarket in talks for fundraising round at more than $20 billion valuation

The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.

Property Play: Foreigners are buying fewer U.S. properties, but luxury homebuilders still draw them in

Foreign buyers are pulling back sharply from U.S. residential real estate, in part due to a pullback among workers that would qualify for H-1B visas.

Democrats top Republican on economy for first time since 2017: Survey - The Hill

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Foreigners are buying fewer U.S. properties, but luxury homebuilders still draw them in

Foreign buyers are pulling back sharply from U.S. residential real estate, in part due to a pullback among workers that would qualify for H-1B visas.

Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling

The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week's quarterly results.

Why Michigan Voters Are Hearing 'Communist' as They Vote Tuesday

President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive candidates won elections and primaries.

Watch live: Senate convenes Medicaid hearing as work requirements face scrutiny - The Hill

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Can your tax preparer use AI without telling you? Some experts say IRS rules aren't clear

A debate is brewing among tax practitioners regarding whether using AI to prepare tax returns should require a disclosure to clients.

Wayfair stock jumps more than 15% as retailer posts strongest U.S. growth since 2020

Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.

Here are Tuesday's biggest analyst calls: Apple, Palantir, Micron, Walmart, Nike, CoreWeave, SK Hynix & more

Here are Tuesday's biggest analyst calls on Wall Street.

Campaigners denied appeal over Gatwick expansion

An application to stop the two-runway operation is rejected, with judges calling it "unarguable".

Dow futures leap 600 points, S&P 500 poised for record after Bessent says Hormuz deal is close: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.

Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia

Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.

Stock futures jump, S&P 500 poised for record as Bessent says Hormuz deal is near: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.

SpaceX earnings live updates: First report since IPO, Starlink and AI in focus

Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat

The industrial equipment giant has seen a surge in orders for construction equipment amid a nationwide buildout of data centers.

What was the world’s hottest stock market is now hunting ground for short sellers

South Korea’s once-surging market is now a haven for short sellers.

Caterpillar is killing it, and data-center demand is driving record revenue

Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.

JPMorgan becomes bearish on Nike due to its long turnaround plan

The bank downgraded its rating on Nike to underweight from neutral, on worries that its "Win Now" plan will weigh on financials for the next few years.

Dow futures jump 400 points after strong Caterpillar and Palantir earnings, S&P 500 to make run at record: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.

Pfizer tops estimates, hikes low end of revenue guidance on strength of Eliquis, other drugs

Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.

Stocks making the biggest moves premarket: McDonald's, Caterpillar, Palantir, Merck & more

These are the stocks posting the largest moves in early trading.

Pfizer tops quarterly estimates, hikes low end of revenue guidance on strength of non-Covid products

Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.

Palantir earns an upgrade after its big second quarter, as analysts get bullish on its AI business

Analysts on Wall Street reaped praise on the AI software company's results, which were reported after the bell on Monday.

McDonald's earnings beat estimates, chain announces new U.S. head to accelerate growth

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.

Wayfair posts strongest U.S. growth since 2020

Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.

McDonald's names company veteran Skye Anderson as its U.S. president as growth in its largest market slows

McDonald's new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.

McDonald’s revenue misses estimates as chain looks to accelerate U.S. growth

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.

The trade-off of graduating college early: No debt, but no job?

Students who graduate early still enter a tough job market. Here’s how to make sure that fast-tracking school doesn’t compromise your career.

The stock market’s brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.

Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again.

Caterpillar second-quarter profit jumps on strong power, construction equipment demand

The industrial equipment giant has seen a surge in orders for construction equipment amid a nationwide buildout of data centers.

The Magnificent Seven companies just did something they haven’t since ChatGPT was first released

The grouping of companies called the Magnificent Seven just did something that they haven’t since the introduction of ChatGPT sent the market into an…

The ‘Magnificent Seven’ companies just did something they haven’t since ChatGPT was first released

The grouping of companies called the Magnificent Seven just did something that they haven’t since the introduction of ChatGPT sent the market into an…

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.

Nasdaq futures rise as Palantir leads tech shares higher: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.

Aramco Says July Attacks Had No Material Impact on Operations - Bloomberg.com

oomberg.com

Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

Apple issues new challenge against UK order for access to private user data

It is the latest development in the ongoing dispute between Apple and the Home Office over data privacy.

Apple launches fresh legal challenge against UK encrypted data access demand

The filing comes a year on from the U.K. dropping an initial demand for access to British and American user data from Apple.

If I marry my girlfriend, 67, will she lose her Supplemental Security Income and divorced spouse benefits?

“She has been living with me for four years.”

I got two email invitations from friends. Is this a phishing scam — or am I suddenly popular?

“I was surprised — and flattered — to find myself on the guest list.”

Democrats see wins in funding stopgap, but expect future spending fight - thehill.com

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Democrats see wins in funding stopgap, but expect future spending fight - The Hill

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Democrats see wins in funding stopgap but expect future spending fight - The Hill

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AI displacement in the workplace is increasing – and affecting young people most

AI disruption is adding 15 basis points to the unemployment rate at present, says Morgan Stanley

Stock futures edge higher after rip-roaring rally leads Dow to record closing high: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.

Energy shock delivers 144% boost in profits for BP

The British oil giant reported net profit of $5.7 billion in the second quarter, surpassing Wall Street consensus.

Copper Marches Closer to $14,000 as Flows to US Tighten Market - Bloomberg.com

oomberg.com

Meg Ryan finds a buyer for picturesque $15.25 million Hamptons property

Actress Meg Ryan will have fewer sleepless nights after securing a buyer for her opulent Hamptons estate—just a few weeks after she listed the property for…

Follow the Money All the Way to Mark Carney's Canada - Bloomberg.com

oomberg.com

Follow the Money All the Way to Mark Carney’s Canada - Bloomberg.com

oomberg.com

Follow the Money All the Way to Mark Carney’s Canada - Bloomberg

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Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

Japan is giving up revenue now in the hope that stronger consumption and a 370 trillion yen public-private investment will deliver faster growth later.

Treasury yields are broadly flat as investors mull uncertainty around peace talks

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was flat at 4.686%.

CNBC Daily Open: A U.S. yen intervention dressed in euros

Reports suggest that Washington sold euros to fund its intervention to avoid impacting the sensitive U.S Treasury market.

Hormuz Traffic at a Trickle as Ship Attacks Heighten Concerns - Bloomberg

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Could heatwaves make your food shop more expensive?

As temperatures rise, the chillers might not be the only thing supermarkets are adjusting.

Deutsche Bank says gold’s 'explosive' run isn't over and gives a bullish end-of-year forecast

Deutsche Bank says gold’s explosive price behavior is ongoing, even after spot prices fell from a January record and doubled since August 2024.

HSBC pretax profit beats estimates, boosted by higher net interest income and fees

AI is helping Grab ship products more than 30% faster, CFO says, as company raises forecasts

Grab reported second-quarter results on Tuesday and raised its full-year outlook.

McDonald's is about to report earnings. Here's what to expect

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.

AI is helping Grab ship products 3 times faster, CFO says, as company raises forecasts

Grab reported second-quarter results on Tuesday and raised its full-year outlook.

India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount

Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company.

US states sue to block tariffs impacting dozens of countries

The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour.

FBI Agent Allegedly Turns Himself in for $1 Million Crypto Theft - Bloomberg.com

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Stock futures rise slightly after rip-roaring rally leads Dow to record closing high: Live updates

The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.