Stock Market & Financial News
Pound Sterling Price News and Forecast: GBP/USD softens to near 1.3470 in Friday's Asian session
Pound Sterling Price News and Forecast: GBP/USD softens to near 1.3470 in Friday's Asian session
Here's why Tokyo Electron, Advantest, and Kioxia stocks are plunging today
The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now moved into a technical correction after falling by 12% from its highest point this year.
ATEYY Anton Bukov Steps Away From 1inch to Build Second Tier
1inch co-founder Anton Bukov says he was fired after pushing for management changes and is now building a new project called Second Tier.
Volvo Car Expects Sales to Strengthen on European Growth, U.S. Recovery
Volvo Car expects growth in Europe and a recovery in the U.S. to spur significantly stronger sales in the second half of the year, despite continued challenges in China.
VLVCY 
Meta Plans to Hire Top Amazon Computing Executive as it Weighs Cloud Push
Dave Brown, one of the most senior executives at Amazon Web Services, will bring his nearly two decades of experience to Meta.
AMZN 
Defence group Saab operating profit beats forecast
Swedish defence and aerospace group Saab reported a bigger-than-expected rise in operating earnings for the second quarter on Friday as booming demand in its major markets drove a sharp rise in sales and order bookings.
SAABF 
Truckmaker Volvo's Q2 operating profit rises, orders jump
Swedish truckmaker Volvo Group reported on Friday a rise in second-quarter operating profit that roughly matched expectations as sales rose, and said its truck order intake increased by 33% from a year earlier.
VLVCY 
EUR/USD Price Forecast: Stays pressured below mid-1.1400s after failing near 200-SMA on H4
EUR/USD Price Forecast: Stays pressured below mid-1.1400s after failing near 200-SMA on H4
Sea Limited: 3 Growth Engines, 1 Undervalued Stock
Sea Limited integrates Shopee, Monee, and Garena into a synergistic business model spanning e-commerce, financial services, and gaming. Q1 2026 results demonstrated robust growth across all segments, with revenue surpassing $7 billion, up 47% year-over-year. Adjusted EBITDA exceeded $1 billion for the first time, signaling operational efficiency and a clear path to sustainable profitability.
SE 
Volvo Cars posts smaller profit for the second quarter
Sweden's Volvo Cars on Friday reported a decline in profits for the second quarter compared with the first three months while the automaker hopes to speed up its recovery with deliveries of the new EX60 electric model in the time ahead.
VLVCY 
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Tamarack Valley Energy: High-Quality Producer, Still Undervalued
Tamarack Valley just went all-in on Clearwater. The stock is already up significantly, yet I still see a significant upside. The real story isn't the oil in the ground - it's how TVE gets it out. The waterflooding technique could unlock decades of growth most investors are ignoring. A double-digit free cash flow yield, high production growth, and net cash on the balance sheet. An easy Strong Buy from me.
TNEYF 
ATRenew Touts Recycling Scale, 32% Revenue Growth and Bigger Trade-In Ambitions
ATRenew NYSE: RERE outlined its recycling and trade-in strategy for investors at the 94th Emerging Growth Conference, with Head of Investor Relations Jessie Jin emphasizing the company's scale in China's secondhand consumer electronics market and its efforts to expand into additional categories and overseas circulation channels.
RERE 
Philippines Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Array Technologies, Inc. (ARRY) M&A Call Prepared Remarks Transcript
Array Technologies, Inc. (ARRY) M&A Call Prepared Remarks Transcript
ARRY 
Nikkei 225 leads Asian markets rout as TSMC fails to restore confidence
Asian stocks opened lower on Friday as the global retreat from semiconductor shares gathered pace, leaving the region's chip-heavy markets exposed to another round of selling. Japan's Nikkei 225 slid 2.8%, while MSCI's gauge of Asia-Pacific shares outside Japan edged 0.1% lower.
TSM 
Injective seeks SEC transfer agent status to put records onchain
Injective files for SEC transfer agent registration to bring tokenized securities ownership records onchain under a regulated U.S. framework
Pakistan Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
Ethereum Futures Long Positions Jump as Top Traders Turn Bullish
Ethereum (ETH) futures are seeing a sharp tilt toward bullish positioning among top traders, with the share of USDT-margined accounts holding longs jumping more than 6 percentage points—one of the clearest sentiment shifts across major tokens tracked on Thursday. Data from CoinGlass, timestamped at 12:15 a.m.
1inch co-founder exits after firing claim, unveils Second Tier
1inch co-founder Anton Bukov says he was fired in 2025 and has left operations to launch Second Tier while retaining a 50% ownership stake.
BlackRock's IBIT leads Bitcoin ETFs with $79M inflows on July 16
BlackRock's IBIT led U.S. spot Bitcoin ETFs to $79.15M in net inflows on July 16, snapping an eight-week outflow streak exceeding $8 billion. BlackRock's IBIT leads Bitcoin ETFs with $79M inflows on July 16.
PIMCO CEFs: What's Behind The Premium Deflation
PIMCO taxable CEFs have experienced significant premium compression, converging toward zero after years of elevated valuations. Premium deflation has been concentrated in PCM, PTY, RCS, PCN, and PDI, with underlying NAV performance remaining generally strong versus the broader CEF market. Distribution coverage volatility, reduced leverage, and credit concerns have contributed to valuation declines, but current levels offer improved margin of safety.
PCM 
AUD/JPY Price Forecast: Softens below 113.50 on fresh intervention rhetoric, while staying bullish
AUD/JPY Price Forecast: Softens below 113.50 on fresh intervention rhetoric, while staying bullish
India Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Bitcoin price prediction: $55.5K or $70K for its next impulse move?
The Bitcoin Regime Score metric showed short-term bullish market components for Bitcoin.
Netflix stock plunges 9% after earnings: why more downside may be ahead
Netflix stock (NASDAQ: NFLX) plunged nearly 9% in after-hours trading after the streaming company issued a weaker-than-expected third-quarter forecast, reviving doubts about whether slowing growth can support a premium valuation. The company projected revenue of $12.9 billion and diluted earnings of $0.82 per share, below Wall Street estimates of $13 billion and $0.84 per share.
NFLX 
Give DXP Enterprises A Higher Multiple For Adopting Roll-Up Model
DXP Enterprises is executing a successful roll-up strategy, acquiring higher-margin service businesses and driving consistent margin expansion. I rate DXPE a Strong Buy with a one-year price target of $200.36, 19.72% above the July 16 close, based on EV/EBITDA valuation. DXPE's net income and EBITDA margins have risen meaningfully, outperforming both sector peers and relevant indices over the past five years.
DXPE 
Gold recovers from monthly low; hawkish Fed outlook and firm USD to limit gains
Gold recovers from monthly low; hawkish Fed outlook and firm USD to limit gains
