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Bloomberg5d agobearish
Reddit Shares Plunge by Record on Dearth of New AI Deals

(Bloomberg) -- Reddit Inc. shares suffered their worst intraday drop ever after the social media company failed to announce any new data licensing agreements in its latest earnings report, disappointing investors who are hoping to see a shift in revenue streams.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsChip Stocks Post Biggest Advance Since April 2025: Markets WrapMicrosoft’s $450 Billion Jum

Universal Music Group Record Low; Roblox Slumps  | Stock Movers
Bloomberg5d agobearishVIDEO
Universal Music Group Record Low; Roblox Slumps | Stock Movers

On this episode of Stock Movers: - Universal Music Group (UMG NA) plummeted to their lowest level since listing, after the company reported disappointing subscription revenue growth. The world's largest record label's subscription revenues grew 16.6% in constant currency, including the impact of its purchase of Downtown Music Holdings, but analysts had expected a 19.2% increase. - Roblox (RBLX) shares are lower after the video-game company's second-quarter results disappointed on key metrics, including users and hours engaged. It also gave a forecast for both bookings and revenue that was weaker than expected. - Reddit (RDDT) shares are moving after it projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce any new data licensing agreements.

Novo Nordisk Stock Drops After Drug Fails in Cardiovascular Trial
The Wall Street Journal5d agobearish
Novo Nordisk Stock Drops After Drug Fails in Cardiovascular Trial

Novo Nordisk shares dropped after the Danish drugmaker said an experimental medicine didn't reduce risk of major adverse cardiovascular events in a late-stage trial. The company's Denmark-listed stock was down nearly 10%, while its American depositary receipts fell about 9% in premarket trading in New York.

Cameco (CCJ) Q2 Earnings Miss Estimates
Zacks5d agobearish
Cameco (CCJ) Q2 Earnings Miss Estimates

Cameco (CCJ) delivered earnings and revenue surprises of -50.00% and +10.04%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Apple Stock Stumbles But Citi Keeps the Faith
Barrons.com5d agobearish
Apple Stock Stumbles But Citi Keeps the Faith

Apple shares were falling hard early Friday, puncturing the iPhone maker’s recent strong run. But analysts at Citi think there are still grounds to back the stock. Apple shares were down 7.4% at $308.

Bloomberg5d agobearish
Aschenbrenner Tried to Sell Private Stakes Before Citadel Deal

(Bloomberg) -- Situational Awareness tried selling some of its stakes in privately held companies as it rushed to raise cash to meet a barrage of margin calls from its lenders this week. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in S

Bitcoin, Ethereum Spike, XRP and Dogecoin Climb Amid Sharp Crypto Recovery: Analyst Says 'Don't Fear' BTC Dropping to $60,000
Benzinga5d agobearish
Bitcoin, Ethereum Spike, XRP and Dogecoin Climb Amid Sharp Crypto Recovery: Analyst Says 'Don't Fear' BTC Dropping to $60,000

Leading cryptocurrencies staged a sharp recovery alongside stocks on Thursday, reversing a Federal Reserve-driven sell-off the day before. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.16%$65,112.78Ethereum (CRYPTO: ETH) +1.31%$1,929.21XRP (CRYPTO: XRP) +1.48%$1.08Solana (CRYPTO: SOL) +2.05%$75.02Dogecoin (CRYPTO: DOGE) +0.72%$0.07079 Crypto Market Rebounds After a brief lull, Bitcoin pushed back above $65,000. Ethereum, meanwhile, continued to wrestle w

Bloomberg5d agobearish
China Factory Activity Surprises With First Slump in Five Months

(Bloomberg) -- China’s factory activity unexpectedly contracted for the first time in five months, adding to signs of slowing economic momentum. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryThe official manufactur

Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports
Reuters5d agobearish
Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports

Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a person familiar with the talks. A merger ‌between Elon Musk's Tesla and SpaceX would raise geopolitical and regulatory hurdles, particularly in China, because SpaceX is a major ‌U.S. defense contractor involved in national security and satellite programs, while Tesla operates wholly owned manufacturing facilities in China.

Coinbase Q2 earnings miss Wall Street estimates
TheStreet5d agobearish
Coinbase Q2 earnings miss Wall Street estimates

Coinbase Global (Nasdaq: COIN) reported second-quarter 2026 earnings on July 30, posting $1.22 billion in total revenue, below Wall Street expectations of roughly $1.29 billion to $1.31 billion. The company also reported a GAAP net loss of $359.5 million, or $1.36 per diluted share. Coinbase is the ...

Strategy misses Q2 earnings estimates by a wide margin
TheStreet5d agobearish
Strategy misses Q2 earnings estimates by a wide margin

Michael Saylor’s Strategy (Nasdaq: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 on July 30, as falling Bitcoin prices reduced the value of its holdings. The company posted a diluted loss of $24.45 per share, compared with analysts’ estimate for a loss of $2.19 ...