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Daily Puzzle Traffic: NYT's Connections Fuels 1,095-Page Annual Run Rate at Third-Party Sites
A sample of three outlets shows an annualized 1,095 Connections puzzle pages, highlighting the traffic trade between NYT and external publishers.
Nu Holdings Secures Mexican Banking License, Deposit Insurance to Surge 16-Fold
Nu Holdings' Mexican unit received final approval for a full banking license, increasing deposit insurance 16-fold, but the stock saw limited gains as investors await tangible improvements in funding costs and credit growth.
Mint Incorporation Soars 33% on Premarket Surge, Volume Hits 14x Float
Mint Incorporation shares surged 33% in premarket trading, with volume 14 times its public float, signaling extreme volatility amid pending robotics acquisitions.
Glencore's Six-Day Volatility Totals 10.35% as Shares End Flat
Glencore shares experienced 10.35 percentage points of cumulative daily moves over six sessions but ended nearly unchanged, as oil gains from U.S.-Iran tensions balanced trading profits against rising industrial costs.
T-Mobile Narrows $3,200 Switcher Offer: Investor Math
T-Mobile tightens switching offers to new accounts, with potential $768 annual cost for some customers. Analysis of investor math.
TSMC Q2 revenue beats estimates, but $83B H2 test looms
TSMC's Q2 revenue hit NT$1.27 trillion, up 36% YoY, but investors eye the $83.2 billion H2 target needed to sustain 30% growth.
Rio Tinto Faces Key Test as Iron Ore Shipments Poised for Cyclone Recovery
Rio Tinto shares edged up ahead of a key Q2 operations update, with consensus expecting 84.1 million tonnes of Pilbara iron ore sales, a 16.2% rebound from the cyclone-disrupted first quarter.
Hormuz Strait Sees 95% Drop in Ship Traffic, Crude Oil Market Signals Mixed
Only six vessels crossed the Strait of Hormuz on Sunday, a 95% drop from pre-war levels, as Brent crude rose 2.2% to $77.68. Analysts warn of production curbs and tight oil markets.
Microsoft's Xbox Layoffs Disproportionately High vs Revenue Share
Microsoft cuts 1,600 Xbox jobs (33% of total layoffs) while gaming contributes just 6.4% of revenue. Azure drives growth.
Pakistan's Crypto Fatwa Sparks Regulatory Uncertainty for $41.6B Remittance Market
A fatwa against crypto purchases under Islamic law pressures Pakistan's regulatory framework, potentially impacting $41.6 billion in annual remittances and digital asset adoption.