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Rightmove Shares Slide as UK High-Value Property Tax Details Emerge
Rightmove shares dropped 1.37% as HMRC said most homes worth over £2m will be assessed remotely for the new annual surcharge, which starts in 2028.
KPMG Australia Cuts 5% of Staff After Consulting Revenue Plunges 17%
KPMG Australia is cutting 5% of its workforce after consulting revenue tumbled 16.9%, with 27 partners and about 360 staff affected. Total revenue slipped 1%.
Pizza Hut's NFL Rebrand Coincides with Yum's $2.3B Divestiture
Yum Brands' Pizza Hut rebrand to 'Hut' for NFL season comes as the company finalizes its $2.7B sale, expecting $2.3B net proceeds and a $4B buyback.
Nvidia's $52B Single-Point Swing Outpaces Last Year's Q2 Revenue
Nvidia's market cap of $5.20T means a 1% stock move is worth $52B, more than last year's Q2 revenue. Earnings due Aug 26 with high expectations.
Netflix Stock Slips After 'Blood Sacrifice' Debut; $6B Rally Claims Under Scrutiny
Netflix shares opened lower Monday, questioning the $6B rally attributed to 'Blood Sacrifice.' With no first-week viewership data yet, investors remain cautious.
SELLAS Surges 18.9% as REGAL Trial Nears Pivotal Final Analysis
SELLAS Life Sciences (SLS) shares surged 18.9% over the past week, driven by anticipation of the REGAL trial's final analysis. Market value stands at $3.12 billion, with pipeline valued at $2.98 billion.
Robinhood Stock Retreats After Record Surge as Regulatory Hopes Meet Revenue Reality
Robinhood shares eased 1.1% premarket Monday after a 13.7% surge, as investors balance regulatory optimism with a 62% year-over-year drop in crypto volume.
Mortgage Rates Dip Slightly; Rocket Faces Refinancing Hurdle
Mortgage rates eased to 6.65%, saving just $5.30 monthly on a $400k loan. Refinance demand remains weak, pressuring Rocket Companies (RKT).