Treasury Buyback Boost Falls Short as 30-Year Yield Nears 5.34%
Markets Daniel Marsh

Treasury Buyback Boost Falls Short as 30-Year Yield Nears 5.34%

The 30-year Treasury yield climbed to 5.217% as $739B Q3 supply outweighs the Treasury's doubled buyback cap. Oil and Fed minutes add pressure.

TLT USO GLD
Home Depot's Q2 Beat Masked by Tariff Refund, Margin Pressure Looms
Earnings James Calloway

Home Depot's Q2 Beat Masked by Tariff Refund, Margin Pressure Looms

Home Depot's Q2 sales beat expectations, but a $685M tariff refund hid underlying margin pressure. Comparable sales rose 1.7% as traffic declined, and full-year guidance was reaffirmed.

HD LOW
HSBC Buyback Lifts Shares, Yet Analyst Targets Signal Limited Upside
Markets Daniel Marsh

HSBC Buyback Lifts Shares, Yet Analyst Targets Signal Limited Upside

HSBC shares edged higher on Thursday after a £45.4 million buyback, but the average analyst target of 1,482.88p suggests limited upside. Strong H1 results underpin capital returns.

HSBC
Robinhood Stock Climbs 5% as Crypto Bill Support Grows
Crypto Sarah Chen

Robinhood Stock Climbs 5% as Crypto Bill Support Grows

Robinhood (HOOD) gained 5% in premarket trading after President Trump pushed for the Clarity Act. July crypto volume fell 62% YoY, while equities rose 59%.

HOOD COIN MSTR
Cemex Poised for $41M FX Boost as Peso Strength Defies Forecasts
Analysis Daniel Marsh

Cemex Poised for $41M FX Boost as Peso Strength Defies Forecasts

With USD/MXN near 17, Cemex could see a $41 million translation benefit on Mexico EBITDA, as the peso trades well below its H2 planning range.

Alibaba Cloud Surges 45%, Yet Capex Spike Triggers 4% Premarket Slide
Earnings James Calloway

Alibaba Cloud Surges 45%, Yet Capex Spike Triggers 4% Premarket Slide

Alibaba's revenue topped estimates as AI cloud jumped 45%, but capital expenditures surged 75%, sparking a 4% premarket drop in BABA shares.

BABA BIDU JD
Boeing Stock Slips 4.7% as Whistleblower Doc Adds to Delivery Pressure
Markets Daniel Marsh

Boeing Stock Slips 4.7% as Whistleblower Doc Adds to Delivery Pressure

Boeing shares dropped 4.7% in eight sessions, closing at $222.20, pressured by a new whistleblower documentary and July deliveries that lagged Airbus.

BA
XPeng Sets Ambitious Overseas Target for New L03 SUV
Earnings James Calloway

XPeng Sets Ambitious Overseas Target for New L03 SUV

XPeng targets 90,000 overseas registrations in 2026, requiring a 2.3x acceleration. The new L03 SUV, priced from €35,600 in Germany, is key to the push.

XPEV NIO
Broadcom Tumbles $87B as Google Expands Custom Chip Deal with Marvell
Technology Sarah Chen

Broadcom Tumbles $87B as Google Expands Custom Chip Deal with Marvell

Broadcom lost $87 billion in market value after Google expanded its custom chip partnership with Marvell, while Marvell surged nearly 10%.

AVGO MRVL GOOGL APO BX
Strategy Stock Leaps 10% Premarket as Bitcoin Beta Hits 2.6x
Crypto Sarah Chen

Strategy Stock Leaps 10% Premarket as Bitcoin Beta Hits 2.6x

Strategy (MSTR) jumped 9.92% premarket, riding Bitcoin's 3.87% rise. Beta at 2.6x amplifies gains but also risks. Market cap up $4.1B.

MSTR COIN MARA
Brent Hits $92.82 as Venezuela Rig Expansion Signals Slow Supply Relief
Commodities Rebecca Torres

Brent Hits $92.82 as Venezuela Rig Expansion Signals Slow Supply Relief

Brent crude climbs to $92.82, a three-week high, as SLB outlines a plan to boost Venezuela's rig count by up to 7.5 times, though supply relief remains distant.

SLB WFRD BKR USO XLE
M&S Slips 1.2% as Aries Capsule Tests Fashion Recovery
Markets Daniel Marsh

M&S Slips 1.2% as Aries Capsule Tests Fashion Recovery

M&S shares dipped 1.2% on the Aries capsule launch, a small test of a broader fashion recovery after a 7.7% sales decline last year.

NXT JD