Uniper Deal Narrows Ksi Lisims FID Gap to 1-2 Mtpa
Commodities Rebecca Torres

Uniper Deal Narrows Ksi Lisims FID Gap to 1-2 Mtpa

Uniper's binding 2 Mtpa LNG offtake cuts Ksi Lisims' FID gap to 1-2 Mtpa. Total disclosed volume reaches 7 Mtpa (58% of capacity). UN0 shares gain 1.3%.

SHEL TTE
Robinhood's Q2 2026: Prediction Markets Outshine Crypto and Equities
Earnings James Calloway

Robinhood's Q2 2026: Prediction Markets Outshine Crypto and Equities

Robinhood's Q2 results show event-contract revenue of $156 million exceeded both equities and crypto, marking a shift in trading dynamics.

HOOD COIN
Second-Home Mortgage Originations See First Annual Gain in Four Years, Wealthy Buyers Drive Recovery
Economy Daniel Marsh

Second-Home Mortgage Originations See First Annual Gain in Four Years, Wealthy Buyers Drive Recovery

U.S. second-home mortgage originations increased 4.1% in 2025, the first annual gain in four years, though activity is still 65% below the 2021 record. High-income borrowers accounted for 85.2% of loans.

RKT
Micron Plunges 10% as Memory Rally Faces Sustainability Doubts
Markets Daniel Marsh

Micron Plunges 10% as Memory Rally Faces Sustainability Doubts

Micron lost $92B in market value Wednesday as the memory rally faces scrutiny over sustainability, margins, and Chinese competition.

MU ASML SSNLF
Visa Trims 2,600 Jobs, Records $563M Severance Charge
Earnings James Calloway

Visa Trims 2,600 Jobs, Records $563M Severance Charge

Visa plans to eliminate 2,600 positions, mostly in tech and product roles, after taking a $563 million severance charge. Revenue growth remains strong at 14%.

V MA
Amazon Streamlines AI Strategy, Trims Nova Model Lineup Amid $200B Capex Push
Earnings James Calloway

Amazon Streamlines AI Strategy, Trims Nova Model Lineup Amid $200B Capex Push

Amazon is discontinuing most Nova AI models to focus on frontier research. Q2 earnings due Thursday as $200B capital plan pressures cash flow.

AMZN
Wall Street Slips as Fed, Oil Impact Raises Challenges for AI Investments
Markets Daniel Marsh

Wall Street Slips as Fed, Oil Impact Raises Challenges for AI Investments

The Dow fell 1153 points as the Fed held rates and oil surged, steepening the yield curve and raising inflation concerns, with AI investments facing new cash-flow tests.

MSFT META SPY USO GLD
SpaceX NROL-95 Launch Highlights $8.05 Billion Pentagon Contracts
Markets Daniel Marsh

SpaceX NROL-95 Launch Highlights $8.05 Billion Pentagon Contracts

SpaceX's Falcon 9 launched the secretive NROL-95 mission, underscoring $8.05 billion in Pentagon contracts for 2026, with shares up 0.5% premarket.

BA LMT
Laramide Resources Unveils Strong Uranium Economics; Key Petroleum, Kaili Resources Rise
Markets Daniel Marsh

Laramide Resources Unveils Strong Uranium Economics; Key Petroleum, Kaili Resources Rise

Laramide Resources (ASX: LAM) released a Preliminary Economic Assessment for Westmoreland showing strong returns. Key Petroleum and Kaili Resources also posted notable gains.

KEY GLD SLV USO UNG XLE XLK XLF
Carvana Shares Slide 8% as Profit Growth Slows in Second Half
Earnings James Calloway

Carvana Shares Slide 8% as Profit Growth Slows in Second Half

Carvana shares dropped 8.1% in after-hours trading as full-year guidance pointed to weaker profit growth in the second half, despite strong Q2 results.

CVNA
Fortinet Shares Jump 11% After Hours on Strong Billings and Raised Guidance
Earnings James Calloway

Fortinet Shares Jump 11% After Hours on Strong Billings and Raised Guidance

Fortinet shares jumped 11.1% in after-hours trading after the cybersecurity firm reported Q2 results that beat estimates and raised its 2026 guidance.

FTNT PANW CRWD CHKP
Ambev Shares Dip as Beer Volume Recovery Trails 2024 Levels
Earnings James Calloway

Ambev Shares Dip as Beer Volume Recovery Trails 2024 Levels

Ambev shares slipped 1.2% to R$15.90 as analysts forecast Q2 beer volume growth of 5-8%, still below 2024 levels. EBITDA is projected between R$6.3 billion and R$6.6 billion.