Wall Street’s blistering run took a breather, with traders digesting the recent stock gains and monitoring any hints of progress toward a deal to revive the Strait of Hormuz. Signs of exhaustion emerged after a $3.7 trillion S&P 500 rally in just four days. A key gauge of chipmakers fell 1.4%, though Nvidia Corp. climbed. Despite strong results, SpaceX sank 14% as $101 billion worth of stock becomes available for trading Thursday. The morning exuberance in equities was followed by a pullback, with investors waiting for a follow-through on the Middle East situation, according to Jose Torres at Interactive Brokers. Iran said it reached an agreement with Oman on a proposed route for shipping through Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. US oil settled around $75. The weight of the evidence continues to support giving the bull market in stocks the benefit of the doubt, even as we experience more bumps along the way, according to Keith Lerner at Truist Advisory Services Inc. On the economic front, the US service sector expanded at a steady pace in July, but rising costs for services and materials continued to weigh on firms. Companies added fewer jobs than expected. If confirmed in the government’s monthly jobs report on Friday, the recent employment trend suggests Federal Reserve officials can keep their focus on still-elevated prices. Fed Bank of Minneapolis President Neel Kashkari told CNBC the central bank should start raising rates incrementally right now to curb inflation that remains too high. US After Hours WDC -11.1%, SNDK -5.4% lower on earnings; SITM +31.4%, SOUN +18.7%, AEVA +18.1%, PAYC +16.1% sharply higher on earnings; BLLN -28.7%, FIG -16.9%, APP -16.1%, BROS -11.7% also lower on earnings.
Nikkei -1.01% Hang Seng -1.85% CSI -0.77% Kospi-4.52% Shanghai -0.18% Shenzen -1.00%
Eur$ 1.1549 CNH 6.7490 CNY 6.7488 JPY 157.72 GBP 1.3461 CHF 0.8072 RUB 808641 TRY 47.5931 WTI$ 74.89 -0.49% Gold 4,263 +0.49 BTC 64,569 -0.33% ETH 1,900 6°1%
S&P +0.15% Nasdaq -0.22% EuroStoxx +0.17% FTSE +0.05% Dax +0.09% SMI +0.09%
Macro :
- Situational Awareness Returns to Investing With $400 Million Bet
- Hedge Funds Take Big Hit in July After Bruising AI Selloff
- Gold Rallies Above $4,300 on Progress Toward Reopening Hormuz
- Major Hedge Funds Targeted in Wave of Attempted Cyberattacks
Keep an eye on :
Keep an eye on :
- 1U1 GY : 1&1 1H Ebitda EU382.7M Vs. EU264.2M Y/y
- ADEN SW : Adecco 2Q Revenue Beats Estimates
- AMVO GY : Aumovio Flags Potential Share Buyback After BMW Settlement
- NDA GY : Aurubis 9M Pretax Operating Profit EU374M Vs. EU286M Y/y (1)
- BPM IM : Banco BPM 2Q Net Beats; Raises FY Net, Interim Div Guidance
- BAYN GY : Bayer Seeks to Move Roundup Settlement Hearing to September
- BAYN GY : Bayer Seeks to Move Roundup Settlement Hearing to September
- BYND US : Beyond Meat 2Q Net Revenue Beats Estimates
- BPER GY : BPER Banca 2Q Net Income EU758.1M Vs. EU460.5M Y/y
- BFF IM : BFF Bank 1H Net Interest Income EU106.0M BFF Is Reviewing Preliminary Offers From Potential Investors
- BFF IM : BFF Bank 1H Net Interest Income EU106.0M BFF Is Reviewing Preliminary Offers From Potential Investors
- CAPMAN FH : CapMan 1H Profit EU6.2M Vs. EU5.62M Y/y
- AFX GY : Carl Zeiss Meditec 9M Adjusted Ebita EU124.5M Vs. EU177M Y/y
- CLS CN : Celestica Prices Offering of 9.7m Common Shares at $310/Share
- CBK GY : Commerzbank 2Q Net Income Beats Estimates; Plans Buyback Commerzbank Unveils €1.2 Billion Buyback as UniCredit Talks Loom
- DBAN GY : Deutsche Beteiligungs 1H Net Asset Value per Share EU33.65
- INS GY : Instone Real Estate Sees Achieving Lower End of FY Sales View
- DTE GY :Deutsche Telekom 2Q Adjusted Ebitda After Leases Meets Estimates
- DTE GY : Deutsche Telekom Raises Share Buy-Back Program by up to €3B
- DTZ GY : Deutz 2Q Adjusted Ebit EU42.4M Vs. EU30.1M Y/y
- EXPE US : Expedia Boosts Its Full-Year Sales Outlook on Strong Bookings
- FFARM NA : ForFarmers 1H Adjusted Ebitda EU84.7M Vs. EU60.8M Y/y
- FRA GY : Fraport Maintains FY Ebitda Forecast
- GALE SW : Galenica 1H Net Sales Meet Estimates
- GAM SW : GAM Holding 1H Underlying Pretax Loss CHF24M
- GFT GY : GFT 1H Pretax Profit EU24.0M Vs. EU19.0M Y/y
- GT US : Goodyear 2Q Net Sales Beat Estimates
- HEN3 GY : Henkel Boosts FY Organic Sales Forecast
- IOS GY : IONOS Group SE Raises 2026 FX-Adjusted Rev. Growth Forecast
- GOOGL US : Google's Chief Scientist Is Leaving After 27 Years -- to Start His Own AI Company -- WSJ
- HEX NO : Hexagon Composites 2Q Ebitda Beats Estimates; Raises Guidance
- ICG LN : Ares Scales Back Private Credit Vehicle to €400m From €1b: FT
- JOBY US : Joby Aviation 2Q Adjusted Ebitda Loss $197M, Est. Loss $175.8M
- KBC BB : KBC Boosts FY Net Interest Income Forecast, Beats Estimates
- SKB GY : Koenig & Bauer 1H Revenue EU558.2M Vs. EU550.4M Y/y
- KTN GY : Kontron 1H Revenue EU737.1M
- MCOVB SS : KKR Set to Acquire Medicover India in $1.5 Billion Deal: ET
- MRK GY : Merck KGaA Lifts Guidance on Life Science, Electronics
- META US : Meta AI Model Accessed Internet, Hacked Outside Firm in Testing
- MRNA US : Moderna’s mRNA Flu Shot Wins US Approval in FDA Turnaround
- MUV2 GY : Manulife Announces C$3.2b LTC Reinsurance Deal With Munich Re
- NN NA : NN Group 1H Operating Profit Beats Estimates
- NDX1 GY : Nordex Wins ~525 MW Wind Order in Türkiye
- NOD NO : Nordic Semiconductor Sees 3Q Rev. $220M to $240M, Est. $225.2M
- OERL SW : Oerlikon Sees FY Ebitda Margin 18.5% to 19.5%, Est. 17.8%
- PSM GY : ProSieben 2Q Ebitda EU80M Vs. Loss EU22M Y/y
- QTCOM FH : QT Group 2Q Operating Profit Beats Estimates
- RAA GY : Rational 2Q Ebit Beats Estimates
- R3NK GY : RENK Group 1H Order Intake Beats Estimates
- RHM GY : Rheinmetall Cuts FY Sales Forecast
- SBMO NO : SBM Offshore FY Adjusted Revenue Forecast Beats Estimates
- SBO NO : Selvaag Bolig 2Q Revenue Beats Estimates
- G24 GY : Scout24 2Q Oper Ebitda Meets Estimates
- SFQ GY : SAF-Holland SE 2Q Adjusted Ebit Margin 9.6% Vs. 9.1% Y/y
- SIE GY : Siemens Raises Earnings Outlook on Software, Data Center Gains
- SPI LN : Ares Said in Talks to Finance Potential Spire Healthcare Deal
- SCMN Sw : Swisscom 2Q Net Revenue Meets Estimates
- SMHN SW : SUSS MicroTec 2Q Orders EU260.7M
- SREN SW : Swiss Re 1H Return on Equity Misses Estimates
- TPRO IM : Technoprobe Raises FY Revenue, Ebitda Margin Targets
- TEN IM : Tenaris 2Q Net Sales Meet Estimates
- RIG US : Transocean 2Q Adjusted Ebitda Beats Estimates
- BBOX LN : Tritax Big Box Offers About £350m Shares: Terms
- UCG IM : UniCredit Sees Commerzbank Earnings As Key Test on Germany Pivot
- VSURE SS : Verisure Sees First Post-IPO Selldown as Stock Sags: ECM Watch
- WEW GY : Westwing Group Sees FY Revenue High End of EU470M to EU495M
- XIOR BB : Xior 1H Net Rental Income EU96.9M Vs. EU86.6M Y/y
- YUBICO SS : Yubico 2Q Sales Beat Estimates
- ZURN SW : Zurich Ins. 1H Operating Profit Meets Estimates