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r_qi
2 mins. ago
The VanEck Semiconductor ETF (NASDAQ: SMH) is down around 20% from its high reached just a month ago. The artificial intelligence (AI) trade has cooled substantially as investors look for tangible positive results from these companies, not just aggressive spending on AI development.
That's what's partially caused Alphabet's and Meta Platforms' stocks to crater over the past few weeks. They've kept their foot on the gas with AI spending as free-cash-flow growth turns negative. Folks seem to be getting nervous about investing in companies that may be getting out over their skis.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Semiconductor stocks have gotten dragged down alongside these names. But that doesn't necessarily mean they're worth avoiding. In fact, if you follow the Warren Buffett mantra to "be greedy when others are fearful," it might actually be the smartest trade to make right now.
The VanEck Semiconductor ETF tracks the MVIS US Listed Semiconductor 25 index. It gives investors exposure to some of the largest companies that design and manufacture the chips powering artificial intelligence and data centers. Top holdings include:

#NVIDIA #down #vaneck
socketwhirl
27 mins. ago
Apple (AAPL) delivered another quarter of headline-beating results, with revenue and earnings topping Wall Street's expectations. Yet instead of celebrating, investors rushed for the exits, sending the stock sharply lower after the company's closely watched Services business fell short of expectations.
The miss has raised fresh concerns about the health of Apple's most profitable growth engine at a time when the iPhone maker is already navigating intensifying competition, regulatory pressure on the App Store, and slowing momentum in its high-margin digital ecosystem.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
1 ****** anese Company Just Waved a Red Flag for Micron Stock. How to Play It Here.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'

#expectations #general
zfclislowlyswice
28 mins. ago
Clorox projected a difficult fiscal year 2027 on Monday, warning that inflation and consumers focused on value would offset recent cost savings. The Oakland, California-based company expects net sales to rise 13% to 14% for the current fiscal year, with roughly 9.5 percentage points of that growth coming from its acquisition of GOJO Industries, the maker of Purell hand sanitizer.
On an adjusted basis, Clorox forecast earnings per share of $5.70 to $6.00 for fiscal 2027, representing growth of 3% to 8% over the prior year. Diluted earnings per share on a GAAP basis are expected to land between $5.41 and $5.71.
"We expect the operating environment to remain challenging, with continued cost volatility and a value-seeking consumer," Chair and CEO Linda Rendle said in a statement.
Gross margin for fiscal 2027 is expected to come in at roughly 42%, as higher-than-normal inflationary headwinds and unfavorable product mix are projected to more than offset cost savings, the company said.
The forecast followed fourth-quarter results that Clorox described as in line with its expectations. For the quarter ended June 30, the company earned $163 million, or $1.34 per diluted share, down from $332 million, or $2.68 per share, in the same period a year ago. Revenue fell 2% to $1.95 billion. Adjusted earnings per share were $1.66.

#cost #company
tinyrv
35 mins. ago
The surprise: Wall Street expected Ford's Q2 2026 earnings to fall about 5% year over year. Ford instead posted an increase. The stock jumped more than 6% after the report.
The quarter's story was Ford making more money on fewer sales. Wholesale volumes dropped 12% year over year, but revenue fell just 4%, because Ford sold a richer mix of high-margin trucks, off-roaders, and hybrids. Adjusted EBIT rose 17% year over year.
Ford raised full-year 2026 adjusted EBIT guidance, the second raise this year.
Bull case: The real reason to own Ford is Ford Pro, its commercial fleet business, and it's the strongest ******* et any legacy automaker has. Pro sells to construction firms, delivery companies, and contractors — customers who keep buying through inflation and fuel spikes because a plumber can't stop showing up to jobs. Those buyers are far steadier than the average consumer, who is pulling back right now. And Pro isn't just vans. It's an entire infrastructure of service centers, parts, and fleet software that builds a real moat. Fleet managers won't switch to unproven rivals without a big reason, so undercutting Pro means rebuilding that whole ecosystem. Even in a weak quarter dragged down by a plant fire, Pro posted a 9.7% EBIT margin, roughly double Ford Blue's 4.4%.
The second leg is the shift to higher-margin, recurring revenue. Ford Pro paid subscriptions hit 1.6 million in Q2 2026, up 50% year over year, and BlueCruise ******* isted-driving now makes up half of retail services revenue. Software margins beat metal by a wide gap, and if Ford hits its target of 8% margins on services by 2029, that flywheel starts to move the whole company.

#ebit #revenue #Margin
4packetw3ldgrum
42 mins. ago
A project that used to take three weeks now takes one. A report that required a full day gets done before lunch. And employees are being evaluated against that accelerated standard before anyone has agreed it is sustainable, accurate, or fair. The time savings went to the company, but the pressure went to the employee.
Here is the dynamic playing out inside nearly every organization adopting AI right now: efficiency gains from AI are not being returned to employees as breathing room. They are being immediately converted into higher output expectations. The ***** umption is simple and rarely stated out loud: if AI freed up your afternoon, that afternoon now belongs to the next ***** ignment. Workers are not getting time back. They are getting more work, on a faster clock, with the same number of hours in the day.
New research from GoTo and Workplace Intelligence makes the paradox explicit. The Pulse of Work in 2026 study, which surveyed 2,500 employees and IT decision-makers across ten countries, found that employees save more than two hours per day using AI tools. But the same study found that 60% of employees feel pressured to use AI to boost productivity, 50% say they rely on it too much, and 39% say that reliance is making them less intelligent. The productivity gain and the human performance cost are arriving simultaneously. Most organizations are only tracking one of them.
An ActivTrak's ***** ysis of 443 million hours of work activity across more than 1,100 organizations found that AI doubled time spent on email and messaging while focused deep work fell by 9%. A Harvard Business Review study published earlier this year found that after AI adoption, workers operated at a faster pace, took on a broader scope of tasks, and extended work into more hours of the day, often without being asked. The tools are generating more activity while depleting the capacity for the high-quality thinking that makes that activity valuable.
When AI compresses timelines, the most visible change is speed, and speed quickly becomes the proxy for performance because it is the most legible output of AI adoption. Gallup's research finds that 65% of employees say AI has improved their productivity, and frequent AI use among managers has doubled from 15% to 30% since 2023. But that growing adoption is producing a widening gap between who benefits and who absorbs the pressure: leaders report the strongest gains, while individual contributors remain the least likely to receive guidance on how to use AI effectively. And 54% of managers say workplace expectations have directly increased due to AI. The bar is rising and the measurement framework is not keeping pace.

#employees #hours #adoption #workers
mmuvng
42 mins. ago
Chiefs receive huge Xavier Worthy update after scary practice exit originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Kansas City Chiefs are counting on a healthy Xavier Worthy to make a major impact in 2026 after injuries prevented the former first-round pick from reaching his full potential.
Selected in the first round of the 2024 NFL Draft, Worthy entered last season with sky-high expectations. His elite speed was expected to add another explosive dimension to Patrick Mahomes' offense, but those plans quickly hit a roadblock.
On just the third play of the Chiefs' season opener, Worthy suffered a shoulder injury that sidelined him and altered the course of his rookie campaign. Although he eventually returned to the field, he was never quite the same player.
Kansas City limited his route tree after his return, using him cautiously as he continued to recover. The restrictions prevented the blazing receiver from showcasing the game-breaking speed that made him one of college football's most dangerous playmakers.

#xavier
p8cketdrif8frost
1 hr. ago
Ashton Daniels took his first reps inside Doak Campbell Stadium during Florida State football's scrimmage on Tuesday, Aug. 4, and the Seminoles' coaching staff liked what the fifth-year put on tape.
Both head coach Mike Norvell and offensive coordinator Tim Harris Jr were complimentary of Daniels' growth from spring practice to preseason. The duo said the transfer signal-caller made some big throws in timely situations during the scrimmage.
"He was completely locked in. We had some big third-down situations and him just being comfortable in the pocket, going through his progressions and putting the ball where it needed to be," Harris said in a press conference a day after the scrimmage.
"There were times when our defense gave us certain looks, and he had to slow things down to get us the right play. And he did that flawlessly."
The pre-snap reads and adjustments are an area both Harris and Norvell noted, and it's a positive for Daniels. Turnovers have been an issue for him in his career, with 22 interceptions and 16 fumbles, so if he's recognizing what the defense is throwing at him quicker, that could keep turnover numbers down and get the ball in the hands of FSU's playmakers.

#scrimmage
hardly
1 hr. ago
Apple has accused an OpenAI employee of taking pictures of its secret product plans as part of a legal battle between the two companies.
In an update to its lawsuit against the ChatGPT maker, Apple said that a member of its staff "took screenshots of confidential Apple documents relating to an unannounced Apple product before an interview at OpenAI".
The US tech giant is seeking to force the former employee, who now works at OpenAI, to testify as part of its lawsuit against the AI company.
Apple sued OpenAI last month, claiming that former staff had stolen trade secrets and taken them to the ChatGPT maker, in some cases continuing to access the iPhone maker's IT systems after leaving the company.
OpenAI is developing an AI device in collaboration with Sir Jony Ive, the former Apple design chief, which could compete with future Apple products.

#former #employee #maker
Cool
1 hr. ago
Since taking the reins at Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), Greg Abel has been busy reshaping the conglomerate's stock portfolio. He trimmed the enormous Apple stake, built a large position in Alphabet, and closed out more than a dozen smaller holdings.
Yet one corner of the empire he has left almost entirely alone is energy. Coming from a CEO who spent his career running Berkshire's energy business, that may be a signal worth reading closely.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Berkshire's energy footprint is substantial, and Abel has not reduced it. Chevron remains a top-five holding at roughly 7% of the equity portfolio, and Berkshire has held on to its large Occidental Petroleum stake without trimming a share. If anything, the company has deepened the relationship, completing the purchase of Occidental's OxyChem business earlier this year. On top of the stocks sits Berkshire Hathaway Energy, the wholly owned utility giant that Abel himself built into a powerhouse. While the technology portfolio got reshuffled, energy simply stood pat.
Abel is an energy operator at his core, so leaving these bets alone, and even adding to them, hints at real conviction. The timing sharpens the point. Artificial intelligence (AI) is driving a surge in electricity demand, and Abel has said that roughly half of Berkshire Hathaway Energy's businesses now serve AI-related power needs, with data centers already making up a growing share of the load in some of its markets. Seen that way, both the oil stocks and the utilities look less like leftovers and more like a deliberate bet on a world that will need vastly more energy. Abel may simply see durable, underappreciated value in the one industry he knows better than anyone.

#energy #NYSE #flashing
rfhqhqlmjwh
1 hr. ago
Palantir Technologies (NASDAQ: PLTR) stock charged sharply higher Tuesday, climbing as much as 27.7%. As of 11:36 a.m. ET, the stock was still up 26.3%.
The catalyst that sent the data mining and artificial intelligence (AI) software specialist higher was its quarterly financial report, which helped quash concerns about a looming AI slowdown.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Palantir continues to defy detractors who believe that the company's results simply can't get any better.
For the second quarter, Palantir delivered personal best revenue of $1.94 billion, an increase of 93% year over year and 19% quarter over quarter. This marked the 12th successive quarter of accelerating growth. This drove adjusted earnings per share (EPS) of $0.41. **** ysts' consensus estimates called for revenue of $1.81 billion and EPS of $0.35, so the results exceeded Wall Street's already lofty expectations.

#signal
QUQcYr0YCCf6U
2 hours ago
With marquee players signed and most impact moves already made, the NBA offseason is deep into a lull.
Yet, that doesn't mean there are still some difference makers who could find new homes.
One of those players with an unresolved future is current Dallas Mavericks shooter Klay Thompson. As Dallas is looking to build for the future around soon-to-be second-year forward Cooper Flagg, Thompson might not figure into the team's plans. That's only magnified, given he has one year left on his deal, worth $17.5 million.
That makes Thompson a prime trade or buyout candidate. The tricky part about a trade is that teams might be reluctant to part with ***** ets — whether draft capital or personnel — for a 36-year-old who shot a career low in 3-point percentage last season.
Granted, that was still a very respectable 38.3%, but it's clear Thompson is more of a role-playing shooting specialist at this point of his career. A buyout, however, would allow Thompson to pick his preferred destination. But the Mavericks likely don't want to let him walk without getting anything in return.

#thompson #year #players
E6hYKrwSp
3 hours ago
Duke's next Brotherhood Run opponent has been announced. The Harvard Crimson will travel to Cameron Indoor Stadium to take on the Blue Devils on Dec. 4, the schools announced Wednesday morning.
The matchup is set to honor former Harvard's head coach Tommy Amaker, who is a 2001 inductee into Duke's Hall of Fame.
Amaker has been at the helm in Cambridge since 2007 and has a record of 321-206 with the Crimson, appearing in four editions of the NCAA Tournament. Before taking the reins at Harvard, he was an ***** istant at Duke from 1988-97 before taking the head coaching job at Seton Hall in 1997. Amaker then served as Michigan's man from 2001-2007 before settling in with Harvard.
While at Duke, Amaker was named a third-team All-American and second-team All-ACC player in 1987 while averaging 12.3 points per game and being named Defensive Player of the Year.
When the news was announced, Duke head coach Jon Scheyer expressed his excitement to welcome back one of the legendary figures in program history.

#hall
cbchaapjdgvz
4 hours ago
Arsenal have finalised the blockbuster signing of Newcastle United captain Bruno Guimaraes after the 28-year-old Brazil international successfully passed his medical, according to SBT Rio. Mikel Arteta and Eddie Howe are at the Emirates Stadium and St James' Park with the Gunners.
He has also signed a four-year contract, which includes a club option for an additional year. This concludes weeks of intensive negotiations, delivering **** nal manager Mikel Arteta his top target to reinforce the Gunners' midfield ahead of the new campaign.
To satisfy financial regulations and manage capital allocation efficiently, **** nal reached an agreement with Newcastle to split the £75m fee into three structured instalments of £25m per year.
For **** nal, signing Guimaraes represents a major statement of intent in the domestic market. The 'special' Brazilian has established himself as one of the Premier League's best players since arriving from Lyon. Capable of operating as a deep-lying playmaker or a dynamic box-to-box midfielder, Guimaraes registered nine goals and seven **** ists in all competitions last season.
Operating alongside Declan Rice, Guimaraes is set to anchor **** nal's midfield as the Gunners push for silverware in domestic and continental competitions after they won the Premier League and reached the Champions League final last season.

#arsenal
fLuX9541
5 hours ago
By
Updated Aug. 4, 2026 7:44 am ET
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The maker of Huggies diapers said its China sales have been hurt in recent weeks by a social-media firestorm involving allegations that its diapers contain formamide, a solvent used in a number of manufacturing processes.

#diapers #updated #recent
calM8
5 hours ago
Toyota (TM) reported fiscal first quarter results on Tuesday that topped estimates for revenue and net income, and the world's largest automaker raised its full-year profit forecast and announced a share buyback even as US tariffs and softer sales hit operating profit.
Toyota now sees full-year operating income at 3.4 trillion yen ($21.3 billion) for the financial year ending March 2027, up from a previous forecast of 3 trillion yen ($18.8 billion). This follows last quarter's 20% cut to its outlook. The boost also comes after US rivals GM (GM) and Ford (F) lifted their yearly guidance too.
"This revision reflects changes in the external environment, including foreign exchange ****** umptions, as well as the ****** ulative impact of our marketing efforts, such as establishing alternative logistics routes to the Middle East," Toyota said.
The forecast does not yet include any impact from the 2026 ****** amoto Earthquake, which Toyota said it is still ****** sing.
Toyota also announced a share repurchase authorization of up to 1 trillion yen ($6 billion).

#trillion #income #full #profit
pijaljggfpamh
6 hours ago
Major stock indexes soared Tuesday, with the S&P 500 and Dow Jones Industrial Average setting new records, as Palantir Technologies and Caterpillar shares jumped and oil prices sank further.
The tech-focused Nasdaq Composite, benchmark S&P 500, and blue-chip Dow surged a respective 2.6%, 1.8%, and 1.7%. The Dow added more than 900 points to notch its second closing high this week.
After markets closed yesterday, Palantir (PLTR) reported better-than-expected results and lifted its outlook, and shares of the software maker soared nearly 30% Tuesday to lead the S&P 500 and Nasdaq.
In other post-earnings moves, shares of Caterpillar (CAT) surged about 5.5% to lead the Dow; McDonald's (MCD) and Pfizer (PFE) rose between 1% and 1.5%; and Spotify Technology (SPOT) slipped about 1.5%.
Shares of **** eX (SPCX) and Advanced Micro Devices (AMD) surged more than 9% and 7%, respectively, ahead of their earnings reports after the bell. **** eX was set to issue results as a public company for the first time. (Read our **** eX earnings live blog here.)

#soared
Fgnqs
6 hours ago
Aug 4 (Reuters) - Pfizer on Tuesday slightly raised the lower end of ‌its full-year revenue forecast after ‌beating Wall Street estimates for second-quarter profit, driven by strong demand for blood thinner Eliquis.
Shares rose 1.8% to $25.5 in premarket trading.
Pfizer is banking on newer medicines to offset ‌fading COVID revenue ⁠and reduce reliance on aging blockbuster drugs, while investors look ⁠for signs that its $10 billion purchase of Metsera can help establish a meaningful presence in the fast-growing obesity market.
The drugmaker, whose ‌shares have fallen more than 50% from their pandemic-era peak, expects to return to stronger growth after 2028.
The U.S. drugmaker now expects annual sales of $60.5 ‌billion to $62.5 billion, up from $59.5 billion to $62.5 billion forecast previously.

#forecast #drugmaker #reuters
gilolulhurolma2
6 hours ago
By Samuel Shen and Yantoultra Ngui
SHANGHAI/SINGAPORE, Aug 4 (Reuters) - Chinese robot maker Unitree Technology is expected to be valued ‌at more than 50 billion yuan ($7.4 billion) after its planned ‌Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial public offering.
Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by ‌Reuters, is largely seen ⁠as guidance ahead of Wednesday's IPO price enquiry.
Unitree, which competes with Tesla and Boston Dynamics in making humanoid ⁠robots, aims to raise 4.2 billion yuan to fund innovation and production.
Robotics is seen as one of China's strategic industries key to Beijing's tech rivalry with Washington.

#shanghai #reuters #unitree #securities
69bold
7 hours ago
A group of bondholders have warned Aston Martin they may begin legal proceedings over its £550m financing arrangement with HPS Investment Partners, the Financial Times (FT) reported.
The British carmaker confirmed last month that it had agreed the funding package with BlackRock-owned private credit firm HPS.
The deal includes a £450m term loan and a separate £100m facility available for later drawdown.
The financing has been challenged by a group of existing creditors owed £1.3bn ($1.74bn), who say the structure places ******* ets beyond their reach and breaches conditions linked to Aston Martin's current debt.
According to the report, the bondholders have sent a "letter before action" to Aston Martin's board, warning that legal proceedings may follow.

#aston
socket0933
7 hours ago
Sandisk (NASDAQ: SNDK) has had an incredible run over the past year. At its peak in late June, the stock was up over 5,438%, but it has given back a lot of those gains since the calendar flipped past June. Now, it's down around 48% from its all-time high.
Many investors are now wondering if Sandisk's stock bubble has burst, warranting the sell-off. On the flip side, this could just be a case of investors taking profits on a huge winner. That would make it a stock potentially worth buying on the dip.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I think Sandisk stock still has a lot of long-term investing merit, and a rally could be coming in the future that will return it to all-time high levels. Let me explain.
Sandisk makes NAND memory, which is commonly used for long-term data storage. NAND is used in various devices, but the biggest demand for it right now comes from solid-state drives (SSDs), which are used in data centers to store information. There is an unprecedented number of data centers being built right now, and the memory chip industry cannot meet the demand. As a result, there is a supply shortage, causing prices to skyrocket, benefiting producers like Sandisk.

#Stock
whirlf
7 hours ago
The Lakers spent this offseason spending big to revamp their roster to better fit around Luka Doncic and his preferred style of play. Austin Reaves returns as a secondary playmaker on a hefty new contract. They traded for Walker Kessler to be the pick-setting, alley-oop finishing big man Doncic prefers to play with. And they made a host of other moves — including parting ways with LeBron James — to bring in role players who should be a better stylistic fit with Doncic.
All of that only works if Doncic is healthy.
Which he wasn't at the end of last season due to a hamstring injury, he missed all of the Lakers' playoff run. In an email to fans, Doncic told them he is "100% healthy" now and ready for a big season.
Concerns about Doncic's durability were a key reason former Mavericks GM Nico Harrison traded Doncic in the first place. The Lakers have bet big on a more mature Doncic, 27, being in his best condition and staying healthy when it matters. He averaged 33.5 points, 8.3 ***** ists and 7.7 rebounds per game last season — when healthy, he remains one of the game's elite players and was named First-Team All-NBA (he only played 64 games, one below the league's 65-game cutoff, but was given an exemption due to "extraordinary circumstances" because he missed time for the birth of his child).
The Lakers looked to get Doncic some help this season by not only re-signing Reaves but adding ball-handling guards Quentin Grimes and Collin ***** ton. Expect JJ Redick to experiment with some three-guard lineups using that group, although the challenge becomes it forces Doncic (6'8") to guard bigger players, which can take a physical toll.

#healthy #better
vsZLH
7 hours ago
Today represents another milestone moment for the company that rewrote Wall Street's record books with its initial public offering (IPO) a little over seven weeks ago. Elon Musk's trillion-dollar artificial intelligence (AI) and ****** e economy conglomerate, ****** e Exploration Technologies (SpaceX) (NASDAQ: SPCX), is set to report its second-quarter operating results after the closing bell today, Aug. 4.
While earnings reports provide the meat-and-potatoes of what makes companies tick, ****** eX's first quarterly report as a public company isn't the highlight of what's to come. The real fireworks begin two days later, on Aug. 6.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of July 30, Wall Street's consensus is for ****** eX to deliver $6.82 billion in sales for the June-ended quarter with a loss of $0.29 per share. But without any previous guidance from the company, ****** yst estimates are truly all over the map.
Investors can expect ****** eX to talk up its two most prominent compute deals inked in the second quarter. In May, Anthropic, the large language model developer behind Claude, agreed to pay ****** eX $1.25 billion monthly through May 2029 for access to xAI's data center. Just weeks later, Alphabet agreed to pay $920 million monthly over three years to access xAI's compute capacity.

#SpaceX #NVIDIA #public
raw_vm
7 hours ago
The U.S. dollar starts the day as traders focus on a series of major U.S. economic announcements that may influence expectations on the Federal Reserve's future policy. Following the Federal Reserve's recent announcement to leave their benchmark rate at 3.50% – 3.75%, traders will ****** yze today's JOLTS job openings, factory orders, and the ISM Services PMI, followed by the ADP private payrolls and the highly anticipated U.S. Nonfarm Payrolls report.
These upcoming economic releases will provide the first substantial evidence of if the U.S. economic calendar is starting to fade after recent indications of moderation within the U.S. labor market. Kevin Warsh, formerly of the Federal Reserve, said during the week that decisions from the Fed would remain data-dependent. While this has been the case, market participants have discussed if unemployment numbers that do not meet expectations may help alter the Fed's policy for this year. Reuters also noted the sensitivity of Treasury yields and the dollar to what the Fed calls "macro data."
The euro has support after last week's announcement from the European Central Bank. They stated that they would leave their deposit rate at 2.25%, and that they would continue their cautious, meeting-by-meeting approach. Traders have their eyes on euro zone retail sales and Germany's factory orders to signal the first signs of stabilization of domestic demand, all while ECB policymakers still insist that inflation is close to their 2% target.
Sterling still reflects last week's Bank of England decision to leave the coin at 3.75%. This week's UK services PMI, labor market, and activity data will show market participants what the British economy looks like as policymakers decide how to balance economic growth that is slowing with the danger of inflation continuing.
The US Dollar Index (DXY) is trading at 100.05. After last week's steep drop, this confirms efforts to reestablish a trading range. From the daily chart, the DXY has found support from a long-term ascending trendline that has guided price action since February. DXY buyers have defended the 99.48 horizontal support and prevented price action from weakening even further.

#traders #data
cdkqpfrgbtpma
7 hours ago
SEOUL, Aug 4 (Reuters) - South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary ‌shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about $32 ‌billion worth of shares and set limits on performance bonuses.
ACT said it would begin collecting electronic signatures from shareholders at 5 p.m. local time and seek support from the National Pension Service and domestic and overseas **** et managers to meet the 3% ownership threshold required to call the meeting.
The move comes after Samsung shares lost over ‌one third of their value ⁠since hitting record-highs in June, despite the artificial intelligence boom. The falls were driven by a sharp wave of deleveraging ⁠and renewed skepticism regarding the durability of AI infrastructure spending.
"This is not simply an expression of dissatisfaction over a falling share price. We are asking a basic capital-market question: who really owns a corporation?," it said in a statement, saying the campaign ‌aims to help the company become a shareholder-friendly company.
"Retail shareholders are like a company's fan club: they praise it when it performs well and take out the stick when it does not," it said.

#retail
meGaslowlY
8 hours ago
By Caroline Valetkevitch and Nell Mackenzie
NEW YORK/LONDON, Aug 5 (Reuters) - Major stock indexes were mixed near flat on Wednesday, with declines in shares of ***** eX weighing on the Nasdaq, while U.S. oil prices eased.
In commodity markets, gold prices ‌rose to their highest level in almost seven weeks following recent talks on Iran. Spot gold was last up 4.09% ‌at $4,242.92 an ounce.
Shares of AI and satellite company ***** eX fell more than 8%. The company touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company, but investors remained concerned about how long its Starlink business could continue to bankroll costly investments.
Chipmaker Advanced Micro Devices shares were down more than 5% as results that beat ***** ysts' estimates failed to meet investors' lofty expectations.

#prices #Gold #valetkevitch #nell
girje_xixelo_togi_zo
8 hours ago
What happened: Advanced Micro Devices (AMD) dropped 5% on Wednesday.
What's behind the move: The chipmaker reported record revenue and second quarter earnings on Tuesday, beating Wall Street expectations on both top and bottom lines.
However, the company's results and forecast failed to impress investors looking for bigger beats.
"It was priced for something much closer to a blowout," Shay Boloor, Futurum chief market strategist, told Yahoo Finance after the earnings report. "It was priced for an exceptional result, and this was not an exceptional result."
AMD reported revenue of $11.54 billion, up 50% from $7.69 billion a year prior, topping Wall Street expectations. Adjusted earnings per share came in at $1.66 against the $1.62 expected.

#reported #exceptional
micompassquickly941
9 hours ago
Rep. Rashida Tlaib, D-Mich., one of Congress' most outspoken progressives and a member of the "Squad," won the 12th Congressional District's Democratic primary Tuesday evening, teeing up her re-election for a fifth term.
Tlaib's primary victory against Michigan state lawmaker Shanelle Jackson and Inkster Mayor Byron Nolen continues a string of victories for progressives as the Democratic Party's far-left wing enjoys ***** ounced primary election success that has strengthened the hand of its coalition. It has also widened the range of positions held by their candidates.
When Tlaib and fellow Squad members joined the House of Representatives in 2019, their campaigns stood out for their far-left views. Tlaib and Rep. Alexandria Ocasio-Cortez, D-N.Y., in particular, stood out because of their membership in the Democratic Socialists of America (DSA).
Eight years later, the DSA has backed Tlaib again.
Bernie Sanders, Dsa Reveal Demands For Dem Party After Socialists Sweep New York Elections

#democratic #primary #election #left
333hypemadly
9 hours ago
The early signing period is always a chaotic time for Florida State under Mike Norvell, and that was no different in December 2024.
After a 2-10 season, firing both coordinators, and losing their top commitment in the class, offensive lineman Solomon Thomas, the Seminoles knew they needed to pivot quickly. With no running back currently committed in their class, amazing for a program when the recruiting coordinator was also the running backs coach, and with released funds from Thomas' decommitment, the Seminoles flipped Ousmane Kromah from Georgia's recruiting class and landed the No. 3 running back in the 2025 cycle, according to 247Sports.
Even though the Georgia native did not enroll until the summer, Kromah came on campus with a college-ready frame, listed in 2025 as 6-foot-1, 218 pounds, and instantly started making his way up the depth chart. The true freshman finished with the third-highest rushing yards on the roster a season ago, and ranked second in yards per carry (5.4) among rushers with 30 or more attempts. Of course, he had his first-year moments, such as a costly fumble against Miami, but on a team that lacked consistent playmakers, almost every time Kromah touched the ball, he created action. Now, in year two, he and running backs coach Kam Martin expect Kromah to be a focal point.
"I know Ousmane has all the tools to be very special," Martin told the local Tallahassee media on Monday. "He takes hard coaching, and that's what I love about him. He's a guy that's in the building all day. Ous is a guy that's going to take that next step this year."
One of the keys to Kromah's improvement will be getting a full offseason in the collegiate ranks. As mentioned, Kromah enrolled in the summer of 2025, only getting fall camp to acclimate himself to the college game. Clearly, a full offseason has paid off, as he appeared notably stronger in his interview, even though he was listed at 216 pounds, and told the press he worked on improving his "conditioning" during the offseason.

#year #offseason #seminoles #even
swuji_vcu
10 hours ago
The Chicago Bears suffered a massive loss to their defense on Monday with safety Coby Bryant suffering a knee injury that is expected to keep him out of action for 8-10 weeks.
Bryant was the team's big signing in free agency this offseason, coming over from Seattle where he won a Super Bowl championship with the Seahawks last season, and he was expected to be a big piece of the puzzle for defensive coordinator Dennis Allen this year.
Those expectations have not changed for the Bears or Allen, but they have put on hold until he returns to full health on the football field, according to Chicago's defensive coordinator. Allen recently spoke about Bryant's injury and how the team will pivot without the player who was expected to help lead their secondary.
"Obviously it sucks to lose a guy like that for any particular time," Allen said Tuesday. "He's a big part of what we had planned to do and will still be a big part of what we have planned to do. In all adversity comes also opportunity so it'll be another opportunity for someone to step up. Whether it be somebody in the safety room to step up and take on that role or some of our other guys in the room to step up and become playmakers and leaders for the defense. It's part of football, part of what you deal with, and you move on. Hopefully he'll be on the quicker end and we'll get him back sooner than later."
A lot of the focus at the safety position will now move to rookie first-round pick Dillon Thieneman and veteran Cam Lewis, who will serve as Bryant's replacement.

#step
3eql8pawlhdb
11 hours ago
During my tenure at Pinstripe Alley—hell, during my entire time as a baseball fan—I've never been shy about delving into the team's history and exploring the lives of its long roll call of players, both incredible and regrettable. We provide plenty of other coverage on the current-day activities of the teams, so I like having one spot per day on the schedule to open the ol' books and tell a story.
Whether it's remembering championship teams, Top 100 players, or notable free agent signings, there's always something out there to explore. For the past three years, we've celebrated the 25th anniversary of the 1998-2000 Yankees dynasty by doing a diary on all their regular season and playoff activity. The final pages were written this past October, so it's time for a new daily project.
With that in mind, we'll ring in the new year by beginning the Yankees Birthdays series. Every day in 2026, we'll have a new Yankees figure to discuss whose birthday happened to fall on that day. Some days will feature far more famous stars than others! But that just adds to the challenge and our interest in the exercise. As a spoiler for today, that's exactly what you'll see soon for January 1st.
Happy new year and happy 365 days of Yankees birthdays!
January 1: Charlie Devens
January 2: David Cone
January 3: Luis Sojo
January 4: George Selkirk
January 5: Art Fletcher
January 6: Don Gullett
January 7: Alfonso Soriano
January 8: Jason Giambi
January 9: Ralph Terry
January 10: Del Pratt
January 11: Loren Babe
January 12: Iván Nova
January 13: Darrell Rasner
January 14: Chet Brewer
January 15: Matt Holliday
January 16: Jack McDowell
January 17: Chili Davis
January 18: Michael Pineda
January 19: Fernando Seguignol
January 20: Kevin Maas
January 21: Andy Hawkins
January 22: Brian Dayett
January 23: Johnny Sturm
January 24: Neil Allen
January 25: Les Nunamaker
January 26: Brian Doyle
January 27: Fred Heimach
January 28: Lyn Lary
January 29: John Habyan
January 30: Hipólito Peña
January 31: Duke Maas

#january #time #past

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