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Your go-to source for real-time financial news and market analysis. Powered by AI. Covering earnings, economic events, and corporate news.

Market shows signs of stability after selloff, Amazon and Microsoft expected to rebound

From Nasdaq Corporate Solutions: 2024-08-06 18:30:00 After a week of selloff, the S&P 500 and Nasdaq rose 1% today, showing

August 6, 2024

Three undiscovered gems in China, Yanlord Land Group Limited, AEM Holdings, and iFAST Corporation, show potential growth

From Google: 2024-08-06 18:27:38 Three undiscovered gems in China are backed by strong fundamentals, including Yanlord Land Group Limited, AEM

August 6, 2024

Amgen's profit dipped due to higher expenses related to new obesity drug, but revenue rose

From Investing.com: 2024-08-06 18:16:32 Amgen’s Q2 profit dipped 1% due to higher expenses related to its new obesity drug MariTide,

August 6, 2024

Stocks rebound over 1% on positive corporate news, rate cut expectations

From Nasdaq: 2024-08-06 18:13:32 US stocks rallied on Tuesday, with the S&P 500, Dow, and Nasdaq closing up over 1%.

August 6, 2024

Cisco Systems (CSCO) gained slightly but underperformed, with upcoming lower expected earnings and revenue

From MarketWatch: 2024-08-06 17:45:19 Cisco Systems (CSCO) closed at $45.16, up 0.94% from the previous session, underperforming the S&P 500.

August 6, 2024

Nasdaq seeking to offer options on spot Ethereum ETFs, facing delays with Bitcoin options.

From Cointelegraph August 6, 2024 5:41 PM: Exchanges are still unable to list options on spot Bitcoin ETFs as they

August 6, 2024

Airbnb's shares drop 14% after earnings miss and forecast of slowing U.S. demand

From CNBC: 2024-08-06 17:37:50 Airbnb’s shares dropped 14% after-hours as Q2 earnings missed estimates and the company forecasted slowing U.S.

August 6, 2024

Firm Capital Property Trust sees strong growth in NOI and AFFO in Q2/2024

From GlobeNewswire: 2024-08-06 17:27:00 Firm Capital Property Trust reported strong sequential same-store NOI and NAV growth for the three and

August 6, 2024

Summary: Global semiconductor industry projected to reach $617 billion by 2024, with ETF options for investors.

From Nasdaq: 2024-08-06 17:20:44 The global semiconductor industry is projected to hit $617 billion by 2024, driven by AI advancements.

August 6, 2024

NTSB investigating door plug blowout on Boeing 737 MAX, revealing manufacturing flaws and safety concerns

From CNBC: 2024-08-06 17:20:30 The National Transportation Safety Board is investigating a door plug blowout on a Boeing 737-9 MAX

August 6, 2024

Three co-founders of OpenAI, creators of ChatGPT, are leaving, raising concerns of commercialization of AI.

From Google: 2024-08-06 17:11:11 Three out of the eleven co-founders and leaders of OpenAI, including the creators of ChatGPT, are

August 6, 2024

Super Micro's current quarter revenue guidance strong, Q1 earnings missed, plans stock split

From Investing.com: 2024-08-06 17:06:14 Super Micro reported strong revenue guidance for the current quarter despite missing Q1 earnings estimates. The

August 6, 2024

Emergent BioSolutions reports Q2 financial results, with total revenue decrease and significant net loss

From GlobeNewswire: 2024-08-06 17:01:00 Emergent BioSolutions Inc. reported total revenues of $254.7 million in the second quarter of 2024, above

August 6, 2024

Super Micro Computer misses Q4 targets, announces stock split, causing initial rise then drop.

From Investor’s Business Daily: 2024-08-06 17:00:55 Super Micro Computer (SMCI) missed analyst estimates for its fiscal fourth quarter and provided

August 6, 2024

Australian dollar rises as central bank maintains interest rate, reflecting confidence in economic recovery.

From Google: 2024-08-06 16:56:00 The Australian dollar rose after the country’s central bank kept interest rates unchanged at 0.1%, in

August 6, 2024

BioVie Inc. completes reverse stock split at ratio of 1-for-10

From GlobeNewswire: 2024-08-06 16:40:00 BioVie Inc. completed a reverse stock split of its Class A common stock at an exchange

August 6, 2024

After hours trading shows NVDA and QQQ up, SQQQ down, GOOGL and GOOG mixed.

From Nasdaq: 2024-08-06 16:24:54 The NASDAQ 100 After Hours Indicator has decreased by -4.37 to 18,073.55, with 138,308,955 shares traded

August 6, 2024

Rivian beats earnings expectations in Q2, but struggles with cash burn and sluggish EV demand.

From CNBC: 2024-08-06 16:16:33 Rivian exceeded Wall Street’s earnings expectations in Q2, with a loss of $1.13 per share versus

August 6, 2024

Article encourages investors to stay calm, educate themselves, and invest smartly during market turmoil.

From Google: 2024-08-06 16:16:19 Worried about the stock market drop? Learn how to outsmart Wall Street with their own strategies.

August 6, 2024

Regulators concerned about rise of airdrop model in cryptocurrency space

From Cointelegraph August 6, 2024 4:14 PM: The airdrop model for token distributions has become increasingly popular, contributing to the

August 6, 2024

Key companies reporting earnings on August 7, 2024 with varying expectations compared to industry standards.

From Nasdaq.: 2024-08-06 16:00:01 Key companies reporting earnings on 08/07/2024 include Disney, CVS, Shopify, Emerson Electric, Novo Nordisk, Hilton, Rockwell

August 6, 2024

Global Aircraft Doors Market projected to reach USD 9.3 billion by 2033, driven by demand

From GlobeNewswire: 2024-08-06 16:00:00 The Global Aircraft Doors Market is projected to reach USD 9.3 billion by 2033, driven by

August 6, 2024

Lumen Technologies stock rises 87.3% due to demand for fiber networks supporting AI services.

From Nasdaq: 2024-08-06 15:55:41 Lumen Technologies sees an 87.3% increase in stock prices due to demand for fiber networks supporting

August 6, 2024

AI stocks like NVDA and AMD have faced recent challenges, but long-term potential remains positive.

From Nasdaq: 2024-08-06 15:38:00 The AI trade has cooled off recently, impacting notable companies like Nvidia (NVDA) and Advanced Micro

August 6, 2024

Athletic Brewing partners with Arsenal F.C. to provide nonalcoholic beer for matches

From CNBC: 2024-08-06 15:35:20 Athletic Brewing Company partners with Arsenal F.C., providing Run Wild IPA for matches. With less than

August 6, 2024

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