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Standard Chartered Shares Flat as UAE Crypto Launch Stirs Little Excitement
Standard Chartered shares were nearly unchanged after launching institutional crypto trading in the UAE, as the bank provided no revenue targets or volume forecasts.
Live Nation Stock Dips 1.2% as DoorDash Pact Omits Financial Terms
Live Nation's stock slipped 1.2% after revealing a three-year DoorDash partnership in Australia and New Zealand, but the absence of financial terms leaves the deal's impact unclear.
European Gas Prices Retreat 3% But Stay Elevated Amid LNG Supply Woes
European gas prices pulled back from a two-year high but remain elevated as the EU downplays shortage risks despite low storage and ongoing Qatari LNG disruptions.
DraftKings' $200 Bonus Offer: A High-Stakes Bet on Prediction Markets
DraftKings launches aggressive $200 bonus campaign for its Predictions product in states without sports betting, but investors await proof of profitability. Stock remains flat.
Tesla Surges $76B on Cybercab Debut Amid Autopilot Probes
Tesla shares soared 5.42% to $376.365, boosting market value by $76B, as Cybercabs launched in Austin. Autopilot crash reports surface, but investors bet on robotaxi growth.
Lululemon Shares Plunge 18.5% After Weak Q2 and Guidance Cut
Lululemon's shares cratered 18.5% after Q2 sales missed and the company cut its annual outlook by $650 million, as Americas demand slumped.
Alphabet Shares Rise on Gemini Price Freeze Amid Cloud Margin Focus
Alphabet shares climbed 1.7% after Google announced it would keep Gemini API prices steady, drawing attention to its 35.6% cloud margin. Investors are watching usage growth ahead of a planned 2027 price increase.
Strategy Shares Leap 17.6% as Bitcoin Rally Boosts Premium to 12%
Strategy (MSTR) shares surged 17.6% as Bitcoin climbed above $82,000, lifting the stock to a 12% premium over net asset value. The rally follows a dovish Fed comment and renewed crypto momentum.
Starbucks Snoopy Collection Launch Aims to Sustain Traffic Growth
Starbucks unveiled a 10-piece Snoopy collection, with a full set priced at $293.50, as it seeks to sustain a 4.5% rebound in customer traffic. Shares closed down 0.84%.
Adobe Shares Slip After Hours Despite Analyst Price Target Hikes
Adobe closed up 2.1% but dropped in after-hours trading. Despite analyst target hikes, the consensus implies 8% downside before Q3 earnings.
