- Qualcomm (QCOM.US) CEO: Memory chip prices are surging significantly. Higher prices are changing consumer behavior.
- Spot platinum has just surpassed the $1,650.00/oz mark, now quoted at $1,650.02/oz, up 2.23% on the day; Nymex platinum futures main contract is now quoted at $1,660.5/oz, up 3.63% on the day. Spot palladium has just surpassed the $1,300.00/oz mark, now quoted at $1,300.25/oz, up 3.42% on the day; Nymex palladium futures main contract is now quoted at $1,305.50/oz, up 4.26% on the day.
- Oil transshipment trade in the Strait of Hormuz rebounds after a brief downturn
- According to the Financial Times, Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner and managing $24 billion, has rapidly sold a large portion of its $16 billion public equity holdings to Citadel due to significant losses.
- Spot platinum has just broken through the $1,640.00 per ounce mark, now trading at $1,640.72 per ounce, up 1.66% on the day; Nymex platinum futures main contract is now at $1,651.6 per ounce, up 3.08% on the day.
- US Stocks Move | SpaceX (SPCX.US) rises over 2% after winning $1.6 billion US Space Force launch contract
- Amazon's autonomous taxi Zoox will first begin charging in Las Vegas and will later expand to other markets. It will start serving some passengers in Austin and Miami.
- Equities: Tech rebound spreads across global markets – Deutsche Bank
- HSBC considers selling billions of pounds worth of UK pension assets to insurance companies
- Amazon's autonomous driving company Zoox received approval from U.S. regulators on Wednesday to commercially deploy its robotaxi service on a limited scale, making it the first company in the U.S. autonomous mobility industry to obtain such a license. Zoox has been authorized to commercially deploy up to 2,500 robotaxis per year over the next two years.
- US Stock Movement | Share Price Rises Over 6% Amid Reports That TSMC (TSM.US) Is Developing a Competitor to Intel’s EMIB
- Spot gold has just surpassed the $4,090.00/ounce mark, last quoted at $4,089.81/ounce, up 0.58% on the day; the main COMEX gold futures contract is now quoted at $4,150.20/ounce, up 1.30% on the day.
- Australian Dollar gathers strength above 0.7000 amid softer US GDP data
- US Dollar Index Price Forecast: Exposes to 99.00 on Double Top breakdown
- 24 Hour Crypto Recap: Here’s What Happened in the Market
- AbraSilver Resource Corp. Price Target Raised to C$22.00/Share From C$21.00 by National Bank
- AbraSilver Resource Corp. Is Maintained at Outperform by National Bank
- Canadian Utilities Ltd. Price Target Raised to C$52.00/Share From C$48.00 by TD
- Canadian Utilities Ltd. Is Maintained at Hold by TD
- Canadian Pacific Kansas City Ltd. Is Maintained at Outperform by Raymond James
- Canadian Pacific Kansas City Ltd. Price Target Raised to C$144.00/Share From C$140.00 by Raymond James
- Precision Drilling Corp Price Target Cut to C$155.00/Share From C$160.00 by CIBC World Markets
- Boardwalk REIT Price Target Cut to C$74.00/Share From C$74.50 by Scotia Capital
- Boardwalk REIT Is Maintained at Sector Perform by Scotia Capital
- Allied Gold Corp. Raised to Buy From Hold by Stifel
- Allied Gold Corp. Price Target Raised to C$56.00/Share From C$44.00 by Stifel
- Great-West Lifeco Inc. Price Target Raised to C$95.00/Share From C$93.00 by Desjardins Securities
- Canadian Utilities Ltd. Price Target Raised to C$55.00/Share From C$51.00 by National Bank
- Canadian Pacific Kansas City Price Target Raised to C$153.00/Share From C$135.00 by JP Morgan
- Toromont Industries Ltd. Price Target Raised to C$261.00/Share From C$259.00 by National Bank
- Toromont Industries Ltd. Is Maintained at Outperform by National Bank
- Hudbay Minerals Inc. Is Maintained at Sector Outperform by Scotia Capital
- Hudbay Minerals Inc. Price Target Cut to C$43.00/Share From C$44.00 by Scotia Capital
- Great-West Lifeco Inc. Price Target Raised to C$91.00/Share From C$77.00 by RBC Capital
- Great-West Lifeco Inc. Is Maintained at Sector Perform by RBC Capital
- Atco Ltd. Is Maintained at Outperform by BMO
- Atco Ltd. Price Target Raised to C$85.00/Share From C$72.00 by BMO
- Atco Ltd. Is Maintained at Sector Perform by RBC Capital
- Atco Ltd. Price Target Raised to C$80.00/Share From C$71.00 by RBC Capital
- Centerra Gold Inc Price Target Raised to C$38.00/Share From C$37.00 by CIBC World Markets
- Canadian Utilities Ltd. Is Maintained at Sector Perform by National Bank
- Allied Gold Corp. Price Target Cut to C$29.00/Share From C$44.00 by National Bank
- Allied Gold Corp. Raised to Sector Perform From Tender by National Bank
- Toromont Industries Ltd. Price Target Raised to C$239.00/Share From C$238.00 by Scotia Capital
- Toromont Industries Ltd. Raised to Outperform From Sector Perform by Scotia Capital
- Boardwalk REIT Price Target Raised to C$84.00/Share From C$81.00 by RBC Capital
- Boardwalk REIT Is Maintained at Outperform by RBC Capital
- Canadian Pacific Kansas City Ltd. Price Target Raised to C$145.00/Share From C$139.00 by RBC Capital
- Canadian Pacific Kansas City Ltd. Is Maintained at Outperform by RBC Capital
- Capital Power Corp Price Target Cut to C$83.00/Share From C$85.00 by CIBC World Markets
- Toromont Industries Ltd. Price Target Raised to C$264.00/Share From C$260.00 by TD
- History Points to Extended Bitcoin Rebound -- Market Talk
- Jersey Mike's Is Taking Orders on Wall Street -- WSJ
- Universal Music Logs Higher Revenue on Subscriptions, Streaming Growth
- Dow Jones 12:00 PM Averages
- Data I/O Postpones 2Q Release Pending Completion of an Independent Acctounting, Valuation Analysis Related to Treatment of $9M Direct Investment Announced in May >DAIO
- Data I/O Reschedules Reporting of Full 2Q Results to Aug. 12 >DAIO
- Universal Music 2Q Streaming Rev Growth at Const Cur 11.5%
- Analysts Had Forecast Universal Music 2Q Streaming Rev Growth at Const Cur of 9.2%
- Universal Music 2Q Adj EBITDA EUR674M
- Analysts Had Forecast Universal Music 2Q Adj EBITDA of EUR707.9M
- Analysts Had Forecast Universal Music 2Q Subs and Streaming Rev Growth at Const Cur of 15.5%
- Analysts Had Forecast Universal Music 2Q Subs Rev Growth at Const Cur of 17.9%
- Universal Music 2Q Rev EUR3.29B
- Analysts Had Forecast Universal Music 2Q Rev of EUR3.27B
- LendingTree Down Over 22%, On Pace for Largest Percent Decrease Since July 2023 -- Data Talk
- GBank Financial Holdings Down Nearly 26%, on Pace for Record Percent Decrease -- Data Talk
- Norwegian Cruise Line Faces Soft Demand, Trims Guidance -- WSJ
- Dow Jones 11:30 AM Averages
- International Paper Sees 2026 Adjusted Ebitda From Continuing Ops $3.2B-$3.4B >IP
- Dream Finders Homes 2Q Net $27.8M >DFH
- CCC Intelligent Soltns 2Q Rev $285.9M >CCC
- CCC Intelligent Soltns 2Q Net $20.8M >CCC
- Catalyst Bancorp 2Q EPS 14c >CLST
- International Paper Sees 3Q Adjusted Ebitda From Continuing Ops $780M-$830M >IP
- Republic Airways Holdings 2Q Rev $571.1M >RJET
- Huntington Ingalls Raises FY26 Shipbuilding Revenue View to $10.2B-$10.4B >HII
- SunCoke Energy 2Q Rev $475.3M >SXC
- Steven Madden Targets FY Adj EPS Between $2.05 to $2.15>SHOO
- Madrigal Pharmaceuticals 2Q Rev $364.3M >MDGL
- Huntington Ingalls Sees FY26 Free Cash Flow $500M-$600M >HII
- TriNet Group Sees 2026 Adj EPS $4.50-Adj EPS $5.10 >TNET
- Martin Marietta Sees 2026 Adj EBITDA $2.36B to $2.5B >MLM
- TriNet Group Sees 2026 Rev $4.75B-$4.9B >TNET
- Steven Madden Targets FY Revenue Growth of 11% to 13%>SHOO
- TriNet Group Sees 2026 EPS $2.85-EPS $3.35 >TNET
- Yum Brands: Excluding Pizza Hut, 2Q Digital System Sales Approached $9B, With Digital Mix Exceeding 60% >YUM
- Yum Brands: Excluding Pizza Hut, 2Q System Sales Grew 7% Excluding Foreign Currency Translation, Unit Count Grew 6% and Same-Store Sales Grew 4% >YUM
- Yum Brands: 2Q Taco Bell U.S. System Sales Grew 9% and Taco Bell Intl System Sales Excluding Foreign Currency Translation Grew 13% >YUM
- Yum Brands: Incurred Charges of About $44M in 2Q, Primarily in Third-Party Advising Costs Associated With Pizza Hut Strategic Options Review >YUM
- Yum Brands: Long-Term Financial Performance Metrics, on Average, Still Include 5% Unit Growth; 7% System Sales Growth Excluding F/X; At Least 8% Core Oper Profit Growth >YUM
- International Paper 2Q Loss/Shr 2c >IP
- International Paper 2Q Cash Provided by Operations $526M >IP
- International Paper 2Q Sales $6B >IP
- International Paper 2Q Cont Ops Loss/Shr 2c >IP
- Terex 2Q Sales $2.2B >TEX
- Allegro MicroSystems 1Q Sales $259.2M >ALGM
- Allegro MicroSystems 1Q Net $15.9M >ALGM
- Allegro MicroSystems 1Q EPS 8c >ALGM
- Martin Marietta Raises 2026 View To Rev $7.2B-$7.4B >MLM
