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8/5
18:26
Asian stocks are poised to decline on Thursday (local time) as investors digest previous gains in technology shares and closely monitor for signs of progress on a deal to reopen the Strait of Hormuz, Bloomberg Markets reported.
18:24
Following the company's better-than-expected earnings report, an executive stated that through these layoffs, Block is now able to "deliver higher quality products faster."
18:01
The film industry has welcomed four films surpassing $1 billion at the global box office this year, including Sony and Marvel's "Spider-Man: Brand New Day," Universal's "The Super Mario Galaxy Movie," Lionsgate's "Michael," and Disney and Pixar's "Toy Story 5." This marks the highest number of billion-dollar releases in a single year since the Covid pandemic. Analysts anticipate more films, such as Universal's "The Odyssey" (currently at $912 million) and Warner Bros.' "Dune: Part Three," will also reach this milestone. The resurgence is seen as a promising sign for the industry, which is still chasing pre-Covid revenue levels despite benefiting from higher ticket prices and strong international market performance.
17:59
A spate of well-known hedge funds reported steep losses in July as AI shares tumbled.
17:52
The decline in exports is also attributed to continuing uncertainty over the Iran conflict, potentially impacting importers like Japan that had sought alternatives to Middle East procurement.
17:42
SpaceX's financial filings revealed the company spent $295 million on Tesla Megapack battery energy storage systems in the second quarter ending June 30, 2026. These purchases bring SpaceX's total spending on Megapacks to $329 million for the first half of the year. The Megapacks are being installed to help power SpaceX's Colossus AI data centers in the Greater Memphis area. Last year, SpaceX purchased $506 million worth of Megapack products from Tesla.
17:19
Squid (QUID) is the native token of the cross-chain platform Squid, which has been operating since 2023. It allows users to buy, swap, bridge, and send tokens across multiple blockchains through an intent routing engine, supporting over 20,000 tokens and more than 100 chains.
16:57
Jack Dorsey's fintech firm Block reported a 31% year-over-year decline in bitcoin ecosystem gross profit to $72 million in the second quarter, attributing it to a strategic decision to reduce Cash App transaction fees and a slowdown in bitcoin trading. Despite this, the company raised its full-year gross profit forecast to $12.51 billion. Block shares initially gained 4.5% after hours but reversed course, trading more than 2% lower at $84.20 following the earnings release.
16:56
Sandisk (SanDisk)'s median revenue forecast was lower than analysts' models, causing its stock price to fall.
16:56
MarketWatch analysis suggests aggressive options trading drove the S&P 500's recent rally, indicating the advance may be more mechanical and driven by options positioning rather than improved fundamental outlook.
16:33
Meta officially launched its first AI programming agent, Muse Code, on August 5th, aiming to challenge competitors like Anthropic and OpenAI. Led by Meta AI head Alexandr Wang, this product is designed to handle complete software engineering tasks, including planning changes, writing code, and verifying results. Muse Code is currently available as a preview, running on Meta's latest AI model, Muse Spark 1.2. Its pay-as-you-go tier costs $1.25 per million input tokens and $4.25 per million output tokens. There is also a "Contributor Tier" where users can enjoy a price of just $0.20 per million output tokens if they agree to provide feedback. The product primarily targets the enterprise developer market and promises a zero data retention option.
16:25
美股收盘涨跌互现,道琼斯工业平均指数上涨263.24点,涨幅0.49%,创下54349.12点的历史新高。然而,标普500指数下跌12.97点,跌幅0.17%,至7723.55点;科技股为主的纳斯达克综合指数下跌221.55点,跌幅0.83%,至26363.44点。市场对霍尔木兹海峡重新开放的乐观情绪被人工智能相关押注的波动性所抵消。
16:12
E.l.f. Beauty announced its first-quarter results, with net profit surging 100% year-over-year, primarily due to receiving approximately $50 million in federal government tariff refunds. Driven by this strong performance, the company also raised its full-year revenue and adjusted earnings per share (EPS) guidance.
16:11
Wangchuk, whose hunger strike galvanized the movement, noted that the protests, dubbed the "cockroach" movement, led to the education minister's resignation on July 25. He pointed to the governing BJP's recent loss of two out of three by-elections this week, including a seat held for over 30 years, as evidence of the impact, suggesting the government has been significantly damaged.

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