Latest News

All Markets Earnings Economy Technology IPO Crypto Commodities Forex Analysis Regulation
ASML Lifts 2026 Outlook, Q4 Revenue Seen at €13-16 Billion
Earnings James Calloway

ASML Lifts 2026 Outlook, Q4 Revenue Seen at €13-16 Billion

ASML raised its 2026 revenue guidance, implying record Q4 sales of €12.9-15.9 billion. Service and upgrade revenue surged 32%, boosting margins.

ASML TSM MU
Xero CEO's Share Sale Triggers A$875 Million Market Cap Wipeout
Markets Daniel Marsh

Xero CEO's Share Sale Triggers A$875 Million Market Cap Wipeout

Xero's CEO sold her remaining shares, triggering a 7% stock decline and A$875 million market value loss. The sale, for tax purposes, intensifies scrutiny on executive pay.

SpaceX Faces $1.24 Trillion Valuation Hurdle Ahead of Starship Test
IPO Michael Okonkwo

SpaceX Faces $1.24 Trillion Valuation Hurdle Ahead of Starship Test

SpaceX must add $1.24 trillion in value to reach Evercore's $230 target, making Thursday's Starship test a critical checkpoint. Shares closed at $136.08.

EVR RKLB ASTS
India's Crypto Derivatives Surge to 2.4x Holdings as Tax Rules Bite
Crypto Sarah Chen

India's Crypto Derivatives Surge to 2.4x Holdings as Tax Rules Bite

India's daily crypto turnover reaches $5 billion, with futures trading accounting for 80% of volume as traders seek to avoid heavy spot taxes. Retail investors dominate but face high risks.

IBIT
Attovia Therapeutics Files IPO to Challenge Dupixent and Nemluvio
IPO Michael Okonkwo

Attovia Therapeutics Files IPO to Challenge Dupixent and Nemluvio

Attovia Therapeutics has filed for an IPO to raise capital for developing rival treatments to Sanofi and Regeneron's Dupixent and Galderma's Nemluvio.

SNY REGN AZN
Tower Semiconductor Surges 11% on Japan Expansion and Upgraded 2028 Profit Outlook
Earnings James Calloway

Tower Semiconductor Surges 11% on Japan Expansion and Upgraded 2028 Profit Outlook

Tower Semiconductor closed up 11.24% after unveiling a $1 billion Japan expansion and a 60% boost in its 2028 net profit target to $1.2 billion.

TSEM TSM MU NVDA IBKR
Earnings Quality Drives 34-Point Market Swing; Five Stocks in Focus
Earnings James Calloway

Earnings Quality Drives 34-Point Market Swing; Five Stocks in Focus

A 34.2-point performance gap emerged among top stocks as investors focused on earnings quality over simple beats. IBM, Goldman Sachs, and major banks are under scrutiny.

IBM GS C WFC JPM BAC
SpaceX Plunge Erases $39B as Peers Gain; Sector Diverges
Markets Daniel Marsh

SpaceX Plunge Erases $39B as Peers Gain; Sector Diverges

SpaceX's $39.5B loss far outweighed the $2B combined gain of MDA, Rocket Lab, and AST SpaceMobile on Tuesday.

RKLB ASTS EVR
PPI Data Sparks Margin Concerns as Wall Street Eyes Earnings Season
Markets Daniel Marsh

PPI Data Sparks Margin Concerns as Wall Street Eyes Earnings Season

A 5.8-point spread between upstream and final demand prices highlights margin pressures ahead of June PPI data. Earnings season intensifies with ASML and Morgan Stanley results due.

ASML MS GS SPY QQQ
Bank Stocks Split on Guidance as Earnings Beats Fail to Unite Investors
Earnings James Calloway

Bank Stocks Split on Guidance as Earnings Beats Fail to Unite Investors

Goldman Sachs surged 9% after a 44.9% earnings surprise, while Citigroup fell 5.3% despite a 15% beat. JPMorgan rose 2.5% on a raised outlook, but Wells Fargo slipped 2.7% with steady forecasts.

GS C JPM WFC
Arbe Robotics Soars 27% on Defense Contract, Market Cap Jumps $23M
Technology Sarah Chen

Arbe Robotics Soars 27% on Defense Contract, Market Cap Jumps $23M

Arbe Robotics shares jumped 27% after landing a defense contract for three radar projects, adding $22.8M in market cap. Initial orders have been shipped, but no contract value was disclosed.

ARBE INVZ
Aehr Test Systems Soars on Record Orders, Backlog Covers Up to 77% of FY2027 Target
Earnings James Calloway

Aehr Test Systems Soars on Record Orders, Backlog Covers Up to 77% of FY2027 Target

Aehr Test Systems (AEHR) shares jumped 5.9% on Tuesday and surged 27% after hours on record orders and a $100.6M backlog, covering 67%-77% of its fiscal 2027 revenue target.

AEHR