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Bloomberg21d agoneutral
Bessent Seen Rebuffing Wall Street on Guidance for US Debt Sales

(Bloomberg) -- Treasury Secretary Scott Bessent’s debt-management team has rebuffed Wall Street suggestions to tweak its guidance for future sales of US Treasuries for so long now that many dealers have abandoned predicting a change anytime soon.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping A

Oil Companies Have Raked in Massive Profits During the Iran War but Their Future Will Be Expensive
Barrons.com21d agoneutral
Oil Companies Have Raked in Massive Profits During the Iran War but Their Future Will Be Expensive

Oil producers ended July with more cash than they expected. Thanks to the on-again-off-again war between the U.S. and Iran, oil prices are beginning August about 25% higher than they were a month ago. “At the moment, most companies are really playing a bit of a wait-and-see approach, letting cash either accumulate on the balance sheet or paying down net debt,” Tom Ellacott, senior vice president of corporate research at Wood Mackenzie, told Barron’s.

Bloomberg21d agoneutral
Morgan Stanley’s Wilson Tips Earnings to Revive Momentum Trade

(Bloomberg) -- Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan Stanley strategist Michael Wilson said.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping AttackCrushed by Kospi Rout,

Li Auto July Deliveries Edge Lower, But Sales Slowdown Eases
Benzinga21d agoneutral
Li Auto July Deliveries Edge Lower, But Sales Slowdown Eases

Li Auto Inc. (NASDAQ:LI) stock traded lower in Monday’s premarket session after the electric vehicle maker reported delivering 30,468 vehicles in July 2026. Li Auto July Deliveries Update And New Model Launches Monthly deliveries fell 0.9% from 30,731 vehicles a year earlier and declined 1.4% from 30,895 vehicles in June. The latest results brought Li Auto’s cumulative deliveries to 1,764,155 vehicles. The year-over-year decline eased markedly from 14.84% in June. Li Auto launched the new Li L6

How to Play the Flood of AI Bonds
The Wall Street Journal21d agoneutral
How to Play the Flood of AI Bonds

Recent earnings reports by the so-called hyperscalers have driven expectations even higher for their collective AI spending plans. Goldman Sachs credit strategists estimate that approximately $400 billion in highly rated investment-grade bonds could be issued directly by hyperscalers globally in 2027. A group of investment-grade hyperscalers tracked by Barclays credit strategists includes Alphabet Amazon.com Meta Platforms Microsoft Oracle and SpaceX. The spread offered by these companies’ bonds over benchmark Treasurys has widened by almost a quarter percentage point over the past month through July 30, according to tracking by Barclays.

India proposes extending tax breaks for contract manufacturing in a boost for Apple
Reuters21d agoneutral
India proposes extending tax breaks for contract manufacturing in a boost for Apple

India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, handing a major win to Apple which had lobbied for such changes, and is ‌fast expanding in the market. India has been a key market for Apple as it diversifies iPhone manufacturing beyond China, ‌and the South Asian nation is set to make 26% of the world's iPhones in 2026, up from 6% four years ago, according to Counterpoint Research. According to ​a draft of the proposed tax amendments seen by Reuters, "to provide (tax) certainty" the government has extended tax breaks until March 31, 2041 to foreign companies that provide equipment to their contract manufacturers in India.

Investing.com21d agoneutral
Five things to watch in markets in the week ahead

Investing.com - A whipsawing Middle East conflict takes center stage once again as the new trading week gets underway. A key U.S. jobs report will be in focus later in the week, along with data tracking activity in the American manufacturing and services sectors. SpaceX will unveil its first quarterly earnings report since its historic initial public offering, while earnings from Advanced Micro Devices could shed some light on the state of the artificial intelligence boom.