Crypto & macro news — 06 August 2026

Hack of Supposedly Safe Bitcoin Tool Tries Faith of the Devoted - Bloomberg.com

oomberg.com

Hack of Supposedly Safe Bitcoin Tool Tries Faith of the Devoted - Bloomberg

; Bloomberg

Owner of bike maker Raleigh files for insolvency

Accell, based in the Netherlands, has owned the famous bike brand since 2012.

Flash crash briefly fells SK Hynix while SocGen strategist says Korean shakeout is nearly done

SK Hynix stock dived 30% in premarket trade in Seoul before recovering much of the lost value.

Raleigh owner starts insolvency proceedings

Accell, based in the Netherlands, has owned the famous bike brand since 2012.

Bain Capital to acquire bubble tea chain Gong cha as rival MBK grapples with regulatory pressure at home

Bain Capital announced it will acquire Gong cha as MBK faces regulatory pressure in South Korea.

Iran's Hormuz Strait plan reportedly blocks U.S., Israeli ships; U.S. rejects any 'impediments'

The U.S. appeared to quickly reject the terms of an Iranian draft plan that would open the Strait of Hormuz to ships except those from the U.S. and Israel.

U.S., Israeli ships blocked in Hormuz Strait under draft plan: Iran state media

Iran denied it was in talks with Washington, despite claims by President Trump to the contrary.

Stocks fall as traders monitor Iran; Sandisk shares drop: Live updates

Traders kept an eye on the Middle East, with a deal to reopen the key Strait of Hormuz in the works.

S&P 500 is little changed as traders monitor Iran; Sandisk shares fall: Live updates

The S&P 500 was relatively unchanged on Thursday, while the Nasdaq Composite pulled back as traders kept an eye on the Middle East.

S&P 500 and Nasdaq tick higher as traders monitor Iran; Sandisk shares fall: Live updates

The S&P 500 was relatively unchanged on Thursday, while the Nasdaq Composite pulled back as traders kept an eye on the Middle East.

Stocks are little changed as traders monitor Iran; Sandisk shares fall: Live updates

The S&P 500 was relatively unchanged on Thursday, while the Nasdaq Composite pulled back as traders kept an eye on the Middle East.

S&P 500 is little changed, Nasdaq drops as traders monitor Iran, Sandisk shares fall: Live updates

The S&P 500 was relatively unchanged on Thursday, while the Nasdaq Composite pulled back as traders kept an eye on the Middle East.

S&P 500 futures are little changed, Nasdaq futures drop as traders monitor Iran, Sandisk shares fall: Live updates

Markets ended divided Wednesday as a record close in the Dow Industrials contrasted with losses in the Nasdaq Composite and S&P 500.

Dow futures rise as traders monitor negotiations to reopen Strait of Hormuz: Live updates

Markets ended divided Wednesday as a record close in the Dow Industrials contrasted with losses in the Nasdaq Composite and S&P 500.

As Iran war drags on, Americans are bracing for more chaos in Middle East, Reuters/Ipsos poll finds - Reuters

sp; Reuters

U.S. ready to return to ‘commitments,’ Iran says as Strait of Hormuz deal looms

Iran denied it was in talks with Washington, despite claims by Trump to the contrary.

Ukraine’s military hits one of Russia’s biggest oil refineries in long-range drone attack

The Slavneft-Yanos facility in Yaroslavl, which is situated hundreds of miles from the Ukraine border, is one of Russia's biggest oil refineries.

The Iran War Should Be the End of the Jones Act - Bloomberg.com

oomberg.com

The Iran War Should Be the End of the Jones Act - Bloomberg

; Bloomberg

Russia’s War Economy Is Fueling Pay Gains Companies Can’t Afford - Bloomberg

; Bloomberg

Beijing flips the script on the U.S. tech war — and tests the truce weeks before Xi's visit

China unleashed its broadest package of trade countermeasures since last October's trade truce, pushing back against a string of recent U.S. restrictions.

Russia’s War Economy Is Fueling Pay Gains Companies Can’t Afford - Bloomberg.com

oomberg.com

The Iran War Revealed China Has a New Oil Weapon - Bloomberg.com

oomberg.com

The Iran War Revealed China Has a New Oil Weapon - Bloomberg

; Bloomberg

Yen and dollar drift on Iran deal concerns, payroll jitters

Gold touches seven-week peak on Strait of Hormuz reopening hopes

CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI

Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil extends a cooling trend.

Iran says deal with Oman on Strait of Hormuz is in final stages

Neither the US or Oman have commented on the proposed agreement on the vital waterway.

Trump again tries to restrict birthright citizenship after Supreme Court ruling - AP News

sp; AP News

Trump again tries to restrict birthright citizenship after Supreme Court ruling - apnews.com

apnews.com

Trump administration considers order on autism and vaccines, source says - Reuters

sp; Reuters

Trump administration considers order on autism and vaccines, source says - reuters.com

reuters.com

FACT FOCUS: A look at Trump’s false and misleading claims about the Reflecting Pool - apnews.com

apnews.com

Trump signs orders to limit US birthright citizenship, despite Supreme Court ruling - Reuters

sp; Reuters

Union representing IRS workers asks judge to block Trump tax audit immunity deal - AP News

sp; AP News

Union representing IRS workers asks judge to block Trump tax audit immunity deal - apnews.com

apnews.com

Trump Order Sets 15% Tariff, Price Floors on Polysilicon Imports - Bloomberg.com

oomberg.com

Trump Order Sets 15% Tariff, Price Floors on Polysilicon Imports - Bloomberg

; Bloomberg

Watch live: Trump honors Team USA with Rose Garden reception - The Hill

p; The Hill

Watch live: Trump honors Team USA with Rose Garden reception - thehill.com

thehill.com

Trump unveils trade actions to protect key solar and semiconductor material - Reuters

sp; Reuters

Trump rolls out orders intended to narrow birthright citizenship and target 'birth tourism' - Politico

p; Politico

Trump rolls out orders intended to narrow birthright citizenship and target 'birth tourism' - politico.com

olitico.com

Trump could net big tax windfall in crypto bill divestiture plan, Bloomberg News reports - Reuters

sp; Reuters

FACT FOCUS: A look at Trump’s false and misleading claims about the Reflecting Pool - AP News

sp; AP News

Trump says he thinks war with Iran will end 'pretty soon' - Reuters

sp; Reuters

Trump says he thinks war with Iran will end 'pretty soon' - reuters.com

reuters.com

Trump signs 2 immigration actions to limit birthright citizenship and curb ‘birth tourism’ - AP News

sp; AP News

Trump signs 2 immigration actions to limit birthright citizenship and curb ‘birth tourism’ - apnews.com

apnews.com

Trump admin blocks tungsten, battery waste exports to boost US minerals supply - Reuters

sp; Reuters

Trump admin blocks tungsten, battery waste exports to boost US minerals supply - reuters.com

reuters.com

Trump uses El-Sayed’s calls to nix filibuster to pressure Senate Republicans - The Hill

p; The Hill

Trump uses El-Sayed’s calls to nix filibuster to pressure Senate Republicans - thehill.com

thehill.com

Trump signs orders targeting birthright citizenship - Reuters

sp; Reuters

Trump announces tariffs on key component for solar panels and semiconductors - Politico

p; Politico

Trump announces tariffs on key component for solar panels and semiconductors - politico.com

olitico.com

Trump unveils trade actions to compete with China on solar and chips - Reuters

sp; Reuters

Trump unveils trade actions to compete with China on solar and chips - reuters.com

reuters.com

Trump faces suit over immunity memo signed by Blanche - The Hill

p; The Hill

Trump faces suit over immunity memo signed by Blanche - thehill.com

thehill.com

Trump signs executive orders targeting birthright citizenship - Reuters

sp; Reuters

Trump orders limits on birthright citizenship, targets ‘birth tourism’ - The Hill

p; The Hill

Trump orders limits on birthright citizenship, targets ‘birth tourism’ - thehill.com

thehill.com

Trump Signed Order on Tariffs, Trade Actions on Polysilicon - Bloomberg.com

oomberg.com

Trump Signed Order on Tariffs, Trade Actions on Polysilicon - Bloomberg

; Bloomberg

Trump likely to reject US industry requests for quicker polysilicon tariff, source says - Reuters

sp; Reuters

Trump May Net Big Tax Windfall in Crypto Bill Divestiture Plan - Bloomberg.com

oomberg.com

Trump May Net Big Tax Windfall in Crypto Bill Divestiture Plan - Bloomberg

; Bloomberg

Trump Could Net Big Tax Windfall in Crypto Bill Divestiture Plan - Bloomberg

; Bloomberg

Trump Could Net Big Tax Windfall in Crypto Bill Divestiture Plan - Bloomberg.com

oomberg.com

Watch live: Trump signs 2 executive orders restricting birthright citizenship - The Hill

p; The Hill

Watch live: Trump signs 2 executive orders restricting birthright citizenship - thehill.com

thehill.com

Carney says US trade talks are ‘nasty’ after Trump criticizes Canada’s leadership - AP News

sp; AP News

Carney says US trade talks are ‘nasty’ after Trump criticizes Canada’s leadership - apnews.com

apnews.com

Trump to sign orders on birthright citizenship, Axios reports - reuters.com

reuters.com

Trump to sign orders on birthright citizenship, Axios reports - Reuters

sp; Reuters

Trump signs orders to limit US birthright citizenship, despite Supreme Court ruling - reuters.com

reuters.com

Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion - apnews.com

apnews.com

Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion - AP News

sp; AP News

Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks

Trump's reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.

FACT FOCUS: Trump boasts about the economy but there’s more to the story - apnews.com

apnews.com

FACT FOCUS: Trump boasts about the economy but there’s more to the story - AP News

sp; AP News

Trump pays yet another energy company to give up offshore wind rights - The Hill

p; The Hill

Trump pays yet another energy company to give up offshore wind rights - thehill.com

thehill.com

Carney, pressed on Trump's 'nasty' Canada quip, says he is defending workers - reuters.com

reuters.com

Jennings: ‘Might be time’ for Trump to weigh in on Max Miller - The Hill

p; The Hill

Jennings: ‘Might be time’ for Trump to weigh in on Max Miller - thehill.com

thehill.com

Trump defends Hegseth after reported clash over munitions at Camp David - The Hill

p; The Hill

Trump defends Hegseth after reported clash over munitions at Camp David - thehill.com

thehill.com

Trump administration launches website to track actions against alleged fraud - The Hill

p; The Hill

Trump administration launches website to track actions against alleged fraud - thehill.com

thehill.com

Carney jabs Trump after teleprompter failure: ‘ I do not view this as a conspiracy’ - The Hill

p; The Hill

Carney jabs Trump after teleprompter failure: ‘I do not view this as a conspiracy’ - The Hill

p; The Hill

Carney jabs Trump after teleprompter failure: ‘I do not view this as a conspiracy’ - thehill.com

thehill.com

Trump's Iran dilemma: He's stuck in war with no exit in sight - Reuters

sp; Reuters

Trump's Iran dilemma: He's stuck in war with no exit in sight - reuters.com

reuters.com

Trump administration will buy back company's offshore wind leases off 3 states in a $1.2B deal - AP News

sp; AP News

Trump administration will buy back company's offshore wind leases off 3 states in a $1.2B deal - apnews.com

apnews.com

Cohen predicts Trump will drop BBC lawsuit: ‘Too much at stake’ - The Hill

p; The Hill

Cohen predicts Trump will drop BBC lawsuit: ‘Too much at stake’ - thehill.com

thehill.com

Carney, pressed on Trump's 'nasty' Canada quip, says he is defending workers - Reuters

sp; Reuters

Why President Trump isn’t winning the global power game - The Hill

p; The Hill

Why President Trump isn’t winning the global power game - thehill.com

thehill.com

RWE, Trump administration reach $1.22 billion agreement to cancel offshore wind leases - Reuters

sp; Reuters

RWE, Trump administration reach $1.22 billion agreement to cancel offshore wind leases - reuters.com

reuters.com

Trump wins last-minute reprieve temporarily blocking BBC access to his business records

Trump sued the BBC for $10 billion, alleging its 2024 “Panorama” documentary about the Jan. 6, 2021 Capitol attack defamed him.

Trump privately tells donors to back Vance in 2028: Report - The Hill

p; The Hill

Trump pushes back on report telling donors to back Vance in 2028 - The Hill

p; The Hill

Trump pushes back on report telling donors to back Vance in 2028 - thehill.com

thehill.com

At Trump's DOJ, watchdogs gutted as misconduct complaints soar - reuters.com

reuters.com

Judge rules Trump can avoid turning over business empire details to BBC, for now - The Hill

p; The Hill

Judge rules Trump can avoid turning over business empire details to BBC, for now - thehill.com

thehill.com

Trump to ‘lowlife’ Michael Moore: ‘Get used to more losing’ - The Hill

p; The Hill

Trump to ‘lowlife’ Michael Moore: ‘Get used to more losing’ - thehill.com

thehill.com

Trump’s tech ties come under bipartisan fire after AI agents go rogue - reuters.com

reuters.com

Trump’s tech ties come under bipartisan fire after AI agents go rogue - Reuters

sp; Reuters

Eric Trump: Old Air Force One will be displayed at father’s library - The Hill

p; The Hill

Eric Trump: Old Air Force One will be displayed at father’s library - thehill.com

thehill.com

Trump administration moves forward with Head Start overhaul, proposing to eliminate regulations - AP News

sp; AP News

Trump administration moves forward with Head Start overhaul, proposing to eliminate regulations - apnews.com

apnews.com

Climate change created conditions for Canada fires, scientists say, as Trump blames mismanagement - AP News

sp; AP News

Climate change created conditions for Canada fires, scientists say, as Trump blames mismanagement - apnews.com

apnews.com

El-Sayed responds to Trump: ‘The man can’t stay on focus’ - The Hill

p; The Hill

El-Sayed responds to Trump: ‘The man can’t stay on focus’ - thehill.com

thehill.com

Trump never in ‘harm’s way’ during Marine One incident: White House - The Hill

p; The Hill

EXCLUSIVE: Iran warns Gulf states: tell Trump to desist or we hit you hard - reuters.com

reuters.com

Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties

The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sanctioned Russian oligarch.

EXCLUSIVE: Iran warns Gulf states: tell Trump to desist or we hit you hard - Reuters

sp; Reuters

Trump dismisses munitions shortage reports, says leakers ‘being hunted down’ - The Hill

p; The Hill

Trump dismisses munitions shortage reports, says leakers ‘being hunted down’ - thehill.com

thehill.com

At Trump's DOJ, watchdogs gutted as misconduct complaints soar - Reuters

sp; Reuters

Trump administration detentions of US military families, Oath Keepers Jan. 6 case dismissed - AP News

sp; AP News

Trump administration detentions of US military families, Oath Keepers Jan. 6 case dismissed - apnews.com

apnews.com

Trump's tech ties blamed for AI inaction by MAGA Republicans and Democrats - Reuters

sp; Reuters

Insight: At Trump's DOJ, watchdogs gutted as misconduct complaints soar - Reuters

sp; Reuters

In deep-red Tennessee, governor's race becomes showdown between staunch Trump allies - Reuters

sp; Reuters

Tennessee Sen. Blackburn wins Republican primary for governor, defeating fellow Trump ally - Reuters

sp; Reuters

Tennessee Sen. Blackburn wins Republican primary for governor, defeating fellow Trump ally - reuters.com

reuters.com

Mexico Is Winning the Trade War Through Hospitality - Bloomberg.com

oomberg.com

Mexico Is Winning the Trade War Through Hospitality - Bloomberg

; Bloomberg

Tennessee voters oust Trump-backed congressman, set fall matchup for redrawn Memphis-area House seat - AP News

sp; AP News

Nintendo Tops Estimates With Strong Games and Tariff Refunds - Bloomberg.com

oomberg.com

Nintendo Tops Estimates With Tariff Refunds and Switch 2 Games - bloomberg.com

oomberg.com

Nintendo Tops Estimates With Tariff Refunds and Switch 2 Games - Bloomberg

; Bloomberg

Climate change contributed to big Canada fires, study says as Trump blames mismanagement - AP News

sp; AP News

Trump’s IndyCar race: Doing 200 in a 25 mph zone with manhole cover-displacing torque - AP News

sp; AP News

Trump’s IndyCar race: Doing 200 in a 25 mph zone with manhole cover-displacing torque - apnews.com

apnews.com

Trump reiterates his positive portrayal of Iran talks - Reuters

sp; Reuters

Trump reiterates his positive portrayal of Iran talks - reuters.com

reuters.com

U.S. ready to return to 'commitments,' Iran says, after Trump signals deal is near

However, he denied that Tehran was in talks with Washington, despite claims by Trump to the contrary.

U.S. is ready to return to 'commitments,' Iran says, after Trump signals deal is near

However, he denied that Tehran was in talks with Washington, despite claims by Trump to the contrary.

A $150M contract for migrant kids’ lawyers goes to a Trump-linked Texas firm, raising concerns - AP News

sp; AP News

A $150M contract for migrant kids’ lawyers goes to a Trump-linked Texas firm, raising concerns - apnews.com

apnews.com

Trump says ‘we may have to’ send oil prices higher during speech talking up the economy - AP News

sp; AP News

Trump says ‘we may have to’ send oil prices ‘up again’ - AP News

sp; AP News

Trump says ‘we may have to’ send oil prices ‘up again’ - apnews.com

apnews.com

China rebukes US over Huawei dispute as Argentina's Milei balances ties with Washington and Beijing - AP News

sp; AP News

From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts

South Korean babies are turning into mini shareholders, thanks to their parents' investment strategies.

Meta found to be 'public nuisance' in $567m ruling

A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

Meta fined $567m in largest child safety ruling against social media giant

A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

S&P 500 futures are little changed as traders await big jobs report: Live updates

Wall Street is coming off a losing session as the July jobs report looms.

Justice Department says Duke Law School illegally considered race in admissions - AP News

sp; AP News

Justice Department says Duke Law School illegally considered race in admissions - apnews.com

apnews.com

Why airlines are warning over lithium-ion batteries

The airline industry wants passengers to be careful when travelling with lithium ion batteries.

Argos is getting a makeover - but can it attract new shoppers?

The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around?

Sweetgreen recalls jalapenos, details how cyclospora outbreak will weigh on sales

The salad chain’s shares tumbled after hours, but it said it doesn’t use iceberg lettuce and only uses jalapenos in two dressings.

Jim Cramer highlights 5 investing themes — and the stocks to buy for each

CNBC’s Jim Cramer said earnings season reinforced five investing themes he thinks will produce the market's best buying opportunities.

GAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal government

The nonpartisan watchdog found Elon Musk's DOGE didn't cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.

Stocks making the biggest moves after hours: Twilio, Airbnb, DraftKings, Trade Desk and more

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

Trade Desk shares tumble on earnings miss and weak outlook

Trade Desk’s growth struggles deepened in the second quarter, as the company posted an earnings and revenue miss combined with disappointing guidance.

Michigan eases lettuce advice as state health department says cyclosporiasis reports decline

Michigan has seen the worst of the outbreak, reporting the first two associated deaths this week. Both individuals had significant underlying health conditions.

Stocks making the biggest moves after hours: Sweetgreen, Airbnb, DraftKings, Trade Desk and more

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

Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb said it's seeing strong demand "across all regions", contributing to the company's better-than-expected forecast.

Live results: Tennessee voters pick congressional candidates after redistricting battle - The Hill

p; The Hill

Gold prices are breaking higher after a tough stretch. Could fresh records be within reach?

Gold miners’ stocks can offer a high-quality play for investors worried about inflation and the Fed.

How to wish Social Security a happy 91st birthday

Let’s all agree that, going forward, we’ll stop saying that Social Security will “run out of money” in 2032.

Virginia governor to intervene in NextEra, Dominion merger over electricity price concerns

Virginia's State Corporation Commission is tasked with reviewing the deal and will either accept, reject or impose conditions on it.

Honeywell Aerospace lands in Wall Street’s ‘penalty box’ after gloomy guidance triggers 23% stock selloff

The newly minted Honeywell Aerospace stunned Wall Street only weeks into its life as a standalone company.

Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales

The salad chain has not been implicated in the ongoing cyclospora outbreak.

How to use options to trade stocks around an earnings announcement

What volatility measures are saying about the S&P 500’s rally to record highs.

Airbnb stock soars 12% on earnings and revenue beat, strong guidance for third quarter

Airbnb said it's seeing strong demand "across all regions," contributing to the company's better-than-expected forecast.

Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says

Grindr says AI is boosting engineering productivity, supporting a new $350/month premium tier and driving stronger subscriber growth and retention.

Savers Value Village thrift store launches new AI tool to price items

Savers Value Village is launching a new AI pricing tool to keep product prices consistent and low, the company told CNBC exclusively.

AMD buys chip startup that hardwires AI models into its silicon

Taalas' current chip runs a small version of Meta's Llama 3.1, though the company is working on chips for bigger and more advanced models.

What Friday's jobs report could mean for investors

The July readings for nonfarm payrolls and the unemployment rate come amid mixed signals about the health of the labor market.

Hacked Bitcoin Wallet Maker Declines to Estimate Amount Lost - Bloomberg.com

oomberg.com

Hacked Bitcoin Wallet Maker Declines to Estimate Amount Lost - Bloomberg

; Bloomberg

The last time value stocks beat growth by this much was 2022 — the year of the last major bear market

Value is leaving growth behind at a pace rarely seen outside major market downturns. The twist: This is a bull market.

American Airlines will stop upgrading elite flyers to business from coach on long domestic flights

American Airlines will no longer give elite frequent flyers free upgrades from economy class to business on some of its longest domestic routes

Copper jumps to its highest level ever. What the metal is telling us

Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year.

Sen. Mitch McConnell says he's left rehab, will work from home

"On the advice of my doctors, I'll maintain an intensive regimen of physical therapy from home during the state work period," the 84-year-old McConnell said.

SpaceX shares passed a key test Thursday. Now sophisticated traders are betting the bottom may be in

Shares of Elon Musk's rocket company were trading higher in Thursday's session even as a key lock-up provision expired.

As Alphabet burns through cash on AI, it’s turning back to the bond market

Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow.

Micron’s stock claws back to buck the memory-chip selloff

While Sandisk and Western Digital shares were down, Micron erased its intraday losses.

The July jobs numbers are due out Friday. Here's what to expect

Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.

Chipotle’s stock extends its declines, but analysts aren’t sweating the jalapeno scare

“History has repeatedly shown that the sales impact of foodborne illness tends to be fleeting for restaurants,” one analyst noted.

AppLovin’s AI stumbles send the stock sliding toward its worst day in over a year

The software company also came up short on expectations for revenue in the latest quarter.

Social Security’s funding crisis is the elephant in the room. But don’t ignore the mouse.

No one knows what Congress will do if Social Security’s trust fund were actually to be depleted.

This building materials stock has a favorable setup and a breakout could be in the cards, charts show

Owens Corning lacks the volatile ride of a tech stock, but it has a risk/reward potential that patient investors should crave.

ConocoPhillips CEO Ryan Lance departs as oil producer posts best profit since 2022

ConocoPhillips said on Thursday that CEO Ryan Lance will retire after 14 years, with CFO Andy O'Brien set to succeed him on September 1 after the oil and gas…

Stocks making the biggest moves midday: UWM Holdings, Honeywell Aerospace, Macom, Peloton & more

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

CFRA gets more bullish, hikes S&P 500 year-end target to 8,050

The firm said the revision reflects a confluence of fundamental, technical and historical factors bolstering the market.

Paying for pricey daycare? Here’s how to keep saving for retirement at the same time.

Young families are striving to do better but struggling with costs of living, including expensive childcare.

United Wholesale Mortgage plunges 40% after suspending dividend and raising capital

"We're taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come," CEO Mat Ishbia said in a statement.

Gas prices could remain high this fall even if crude prices stabilize. Here's why

The refining market is very tight due to the Ukraine and Iran wars, keeping gas prices elevated even as crude prices fall.

Stocks making the biggest moves midday: UMW Holdings, Honeywell Aerospace, Macom, Peloton & more

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

Rep. Jim Jordan, House Republicans raise alarms over new South Korean 'fake news' law

GOP members of the House Judiciary Committee on Thursday sent a letter to South Korean regulators raising concerns about a law they say will lead to censorship.

Situational Awareness wasn't the only one that had a bad July. Hedge funds took a historical hit last month

Tech-focused hedge funds lost 10.2% of their value in July, making it the worst month on record for the category, JPMorgan found.

Honeywell Aerospace lands in Wall Street’s ‘penalty box’ after gloomy guidance triggers 21% stock selloff

The newly minted Honeywell Aerospace stunned Wall Street only weeks into its life as a standalone company.

What does the Senate contempt vote mean for Fauci? - The Hill

p; The Hill

The dollar’s global dominance is starting to slip. This was the tell.

President Donald Trump and Treasury Secretary Scott Bessent chalked up last week’s historic joint intervention to support the yen as a friendly gesture in…

First OpenAI, now Meta - why do AI hacks keep happening?

A flood of companies are revealing AI models gained access to the internet - with real consequences.

FCC ends 39% local TV station ownership cap

The FCC voted 2-1 to lift the cap in favor of a case-by-case approach. The FCC's Democrat said the proposal was illegal, arguing only Congress can lift the cap.

Don’t worry about what other people have saved for retirement. Here’s how to find your perfect number.

Don’t compare your nest-egg balance to a number that doesn’t actually mean anything. Instead, do this calculation to see if you’re on track for retirement.

‘Her bank accounts were stripped bare by Medicaid’: My late friend had $20,000 in credit-card debt. Will her life insurance pay for it?

“She left behind a 30-year-old son and 32-year-old daughter.”

Is America now a Barbary pirate? - The Hill

Is America now a Barbary pirate?    The Hill

One of the best growth stories of all time is a credit card stock on Josh Brown's list

Josh Brown and Sean Russo dive into this stock at the center of billions of transactions.

Fox advertising, streaming service Tubi get boost from World Cup

Fox advertising revenue increased 78% during the quarter primarily due to the FIFA Men's World Cup and growth at ad-supported streaming service Tubi.

Nigeria's plan to tax crypto transactions could undermine adoption, industry says - Reuters

sp; Reuters

SpaceX insiders get their first chance to cash out — but the stock’s slide will limit that opportunity

Up to 911.5 million SpaceX shares will become available for sale Thursday, but a separate tranche of up to 455.8 million shares will stay locked up due to the…

As a woman of color who travels alone, is it a waste of money to visit places with zero diversity?

“I don’t want to spend a bunch of money and have a bad time.”

Kudlow tells Senate Republican that ‘polls are lousy’ - The Hill

p; The Hill

Traders on Kalshi now think it's likely that the S&P 500 will hit 8,000 in 2026

The rise in odds come after the broad index hit record highs in a more than 5% four-day rally that ended Wednesday.

Versant shares surge 10% after company raises 2026 outlook on platforms, advertising momentum

Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.

Top tech analyst Mahaney sees 45% upside for this food delivery platform

DoorDash could gain more ground as order volume grows and it focuses on a robust subscriber base, Evercore ISI says.

'AI Kill Switch' bill needs to be passed this year amid ongoing rogue agent hacks, Rep. Lieu says

Anthropic, Meta and OpenAI have all had incidents of AI models hacking other companies during cybersecurity testing.

EasyJet agrees to £5.7bn takeover by US firm

The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.

Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws

EasyJet shares tumbled Thursday after Castlelake said it would not be bidding for the U.K. airline.

Bonds, Dollar Weighed Down by Washington Policy Decisions - Bloomberg.com

oomberg.com

World's biggest spirits maker pops 4% on $1 billion cost-cutting plan

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to…

Layoffs fall to the lowest level since the U.S. put men on the moon. Here’s what that says about the economy.

Rising sales and a labor shortage are deterring job cuts. Jobless claims haven’t been this low since 1969.

JPMorgan adds this 'unloved' value stock to its favorite buys list

JPMorgan sees huge upside for this speciality materials company.

How to earn a 9% dividend yield while cutting your risk in the stock market

Your own evolving goals might point the way to a different type of exchange-traded fund.

Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says

Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause in 2030, said CEO Lachlan Murdoch.

Datadog’s stock slides after earnings. This is what’s nagging at investors.

The cloud-monitoring company faced a high bar due to its strong stock performance this year and ended up beating expectations by less than it did in the prior…

The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings

As Lilly widens its lead in the obesity race, Novo is still racing to win back market share and restore investor confidence in its pipeline.

Peloton posts first-ever annual net profit, but shares drop as outlook disappoints

Peloton delivered its first-ever annual profit in fiscal 2026 but it's still working to generate sales growth as consumers pull back on big ticket purchases.

Applovin stock tanks on Q2 revenue miss

Shares of Applovin tanked 17% Thursday off a second-quarter earnings miss, falling short of analysts' expectations for revenue.

Versant shares surge 13% after company raises 2026 outlook on platforms, advertising momentum

Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.

Sandisk’s stock is down after earnings. Here’s what Wall Street has to say.

The memory-chip maker’s focus on durability over the long term supports strong earnings growth, analysts say.

My adult kids are big earners. Should I do a Roth conversion now so they aren’t taxed as much on their inheritance?

Inherited IRAs can create a tax liability for heirs, but this should not be your first concern.

Ford's new 'Fathom' electric pickup truck will start at $28,000

It's the first vehicle to be built using the "Universal Electric Vehicle" platform that Ford has said is key to making money with EVs.

Opinion: Demis Hassabis’ new role exposes Google’s AI balancing act

Demis Hassabis’ new role highlights the tension between his scientific ambitions and Google’s pressure to commercialize and scale AI.

Tom Lee's bold August forecast: S&P 500 going to 8,000

We’re only in the first week of August, but Tom Lee is already predicting a strong month for stocks.

This drug researcher just reported earnings and could keep rallying on biotech bounceback, JPMorgan says

A resurgence in investments in the biotechnology industry could further boost shares of Charles River Laboratories, according to JPMorgan.

Family offices back clean energy and sustainability startups in July as dealmaking holds steady

Private investment firms of John Doerr and other billionaires are backing geothermal energy, nylon recycling and more.

This drug researcher just reported earnings and could rally on biotech bounceback, JPMorgan says

A resurgence in investments in the biotechnology industry could boost shares of Charles River Laboratories, according to JPMorgan.

We're exiting our position in a spin-off play gone wrong

It will take time to restore credibility with investors after a disappointing first earnings report.

Fiserv’s stock drops as the company goes through another bruising ‘reset’

The financial-services company cut its full-year outlook and acknowledged that organic revenue growth could be negative for 2026.

Inheriting a home can leave siblings with financial headaches — how to avoid costly mistakes

Siblings inheriting a home can face difficult choices over selling, renting or keeping the property.

SpaceX stock could face further pressure as first batch of shares unlock since IPO

With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.

Shaquille O'Neal says WNBA players' treatment of Caitlin Clark is a rite of passage

Harsh fouls against Clark and WNBA officiating have fueled a national debate, with some lawmakers demanding accountability from the league.

This mom spent $2,000 on her kindergartner as viral ‘back-to-school hauls’ on TikTok and YouTube spin out of control

Students and parents are breaking their back-to-school budgets thanks to inflation and social-media trends.

Stocks making the biggest moves premarket: Zillow, Peloton, Sandisk, Moderna & more

These are the stocks posting the largest moves in the premarket.

Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

Warner Bros. Discovery's streaming segment surpassed $3 million in revenue for the second quarter, marking a 10% increase from the year prior

World's biggest spirits maker pops 7% on $1 billion cost-cutting plan

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to…

EU urges Caribbean nations to shut down golden passport programs or face travel restrictions

33 stocks to bet on foreign markets continuing to beat the S&P 500

Surprisingly, many foreign markets are way ahead of the U.S. in year-to-date performance.

Peloton posts first ever annual net profit, but shares drop as outlook disappoints

Peloton delivered its first ever annual profit in fiscal 2026 but it's still working to generate sales growth as consumers pull back on big ticket purchases.

Car washes and vape shops can still sponsor skilled foreign workers despite visa changes

The rules were tightened in July 2025 to restrict the scheme mostly to graduate-level employees who would be earning at least £41,700.

Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders

JPMorgan strategists say some big hedge fund groups took heavy hits from the July tech selloff, and they may be buying far less of those stocks going forward.

Peloton delivers first annual net profit ever in 'landmark' financial year

Peloton delivered its first ever annual profit in fiscal 2026 but it's still working to generate sales growth as consumers pull back on big ticket purchases.

SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.

The Japanese company’s investment in Intel paid off.

Versant raises 2026 outlook on strength of platforms segment and advertising momentum

Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.

Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes

Spot gold rose as high as $4,295 per ounce before paring gains to $4,268 per ounce on Thursday. Gold futures were seen trading at $4,329 per ounce.

Dogs days of summer? July jobs report likely to show soft pace of hiring.

The U.S. jobs market isn’t getting much better for people looking for work — but it’s not getting any worse, either.

Dog days of summer? July jobs report likely to show soft pace of hiring.

The U.S. jobs market isn’t getting much better for people looking for work — but it’s not getting any worse, either.

World's biggest spirits maker pops 6% on $1 billion cost-cutting plan

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to…

This software stock was once a top performer. Piper Sandler says stay away

Analyst James Callahan downgraded the ad software stock to neutral from overweight.

Restaurant Brands International earnings beat as Burger King's U.S. business soars

Burger King's U.S. business reported same-store sales growth of 8.5%.

Wall Street’s Tokenization Boom Sparks Debate Over Risks - bloomberg.com

oomberg.com

Wall Street’s Tokenization Boom Sparks Debate Over Risks - Bloomberg

; Bloomberg

Sandisk is falling after earnings. Here’s what Wall Street says.

Sandisk stock slumped 9% in premarket trade on Thursday after the maker of NAND flash chips issued guidance that disappointed investors. Here’s what analysts…

Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech

Hadrian is one of a number of defense tech startups raising large sums and benefiting from President Trump's plans to upgrade the U.S. military.

Mexican jalapenos tied to Salmonella outbreak in 27 U.S. states

U.S. health officials are investigating a Salmonella outbreak linked to Mexican jalapeno peppers that has sickened 345 people in 27 states.

AstraZeneca may buck a decade of pharma strategy to buy U.S. scale

Reports of preliminary talks between AstraZeneca and Bristol Myers Squibb moved shares and reignited debate over Big Pharma consolidation.

Why the country with great political turmoil still has the best bonds to buy

Buy 10-year Treasury gilts over U.S. Treasurys and other international bonds, advises TS Lombard.

Investors are misreading this major economy — and creating a rare opportunity in government bonds

Buy 10-year Treasury gilts over U.S. Treasurys and other international bonds, advises TS Lombard.

Khanna to introduce 'Data Center Bill of Rights' as fight over AI power plants heats up

Michigan Democratic Senate candidate Abdul El-Sayed, who won a competitive primary Tuesday, has endorsed state and local moratoriums on data centers.

‘Sell America’ Debate Re-Emerges as US Policies Sow Some Doubts - Bloomberg.com

oomberg.com

‘He’s never been good with money’: If I set up an annuity for my brother, 65, would it jeopardize his Supplemental Security Income?

“I was shocked to learn that his monthly Social Security benefit will be only $700.”

Thousands of young people missing out on money they don't know about

People aged between 18 and 23 may have thousands in unclaimed government accounts.

SpaceX insiders get their first chance to cash out — but the stock’s slide will limit their opportunity

Up to 911.5 million SpaceX shares will become available for sale Thursday, but a separate tranche of up to 455.8 million shares will stay locked up due to the…

Bill Cosby takes $6 million New York City home off the market

Actor Bill Cosby has again removed his New York City townhouse from the market—weeks after canceling a deposition in an ongoing $60 million rape case because…

Futures inch higher after Dow record close, SpaceX shares rise ahead of lock-up release: Live updates

Markets ended divided Wednesday as a record close in the Dow Industrials contrasted with losses in the Nasdaq Composite and S&P 500.

Air India's new CEO faces financial and safety turbulence

The aftermath of last's year deadly crash and mounting financial losses will be Gebremariam's main challenges.

SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump

Nintendo reported fiscal first-quarter earnings Thursday.

SoftBank posts profit beat boosted by $8.2 billion investment gain from Intel

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

Google is expanding its AI empire — and losing the people who built it

Google’s cloud boom is testing the company's commitment to frontier AI as commercial returns take priority.

Meta becomes latest firm to say its AI hacked another company

Meta is the latest company to disclose an AI agent breach, raising cyber-security concerns.

Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

Despite heightened volatility analysts remain optimistic over the outlook of the tech sector, with J.P. Morgan saying the tech sell-off had not derailed the AI…

Winemakers prosper but veg farms wilt in the drought

Growers in the West of England search for new crops to grow in a changing climate.

Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'

Andre Lavoie joined SpaceX in 2009 as an engineer, now he's looking to cash in his shares in the company.

Salmonella outbreak linked to Mexican jalapenos sickens 345 across 27 U.S. states

CDC and FDA are investigating a Salmonella outbreak linked to Mexican jalapeños that has sickened 345 people in 27 states. Recall underway.

Asia tech sell-off has not derailed AI investment cycle, J.P. Morgan says

The recent 25%-30% correction in Asian tech stocks and the Philadelphia Semiconductor Index marks the third major drawdown since the upcycle began in late-2022.

US suspends avocado inspections in Mexican state of Michoacan due to threat - AP News

sp; AP News

JPMorgan's Jamie Dimon warns of high leverage: 'Somebody will disrupt the market'

JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated, adding that investors should be mindful that…

Meta says AI model accessed the internet and hacked another firm

Meta is the latest company to disclose an AI agent breach, raising cyber-security concerns.

Salmonella outbreak linked to Mexican jalapenos sickens 345 across 27 US states

CDC and FDA are investigating a Salmonella outbreak linked to Mexican jalapeños that has sickened 345 people in 27 states. Recall underway.

Inside India newsletter: What's behind India’s rush to sell shares in state-owned firms

India is ramping up stake sales in state-owned companies to keep the growth engine running amid growing fiscal constraints

We're downgrading Honeywell Aerospace after a shockingly bad earnings debut

The company slashed its full-year guidance on key metrics in its first earnings report since separating from the Honeywell conglomerate in June.