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13:44
Jim Cramer expressed a mixed opinion on SK Hynix's entry into the US stock market, stating that US markets will "rue the day we let this Monster into our markets." He believes SK Hynix's shares are more about margin calls and gambling than DRAM pricing and capacity additions. The company's shares have risen 110% year-to-date in the Korean market, driven by strong AI memory demand, though its Q2 operating profit missed analyst estimates.
13:43
This move comes after the Supreme Court ruled in June that Lisa Cook could remain in office while the related case was resolved.
13:39
The US Treasury has triggered debate this week regarding the long-held belief in the world's biggest bond market that government note and bond auctions would only continue to grow, by discussing potential cutbacks to temper yields.
13:28
Automotive components supplier BorgWarner has secured new variable cam timing (VCT) engine contracts in Europe and China. In Europe, the company won a program life extension and a significant volume increase for a leading premium carmaker's V6 engine family, with the new volumes set to start in January 2027. In China, BorgWarner secured a conquest award for a major domestic carmaker's 1.5-liter turbocharged petrol engine family, replacing the previous supplier, with production planned for September 2026. These contracts utilize BorgWarner's centre-bolt Cam Torque Actuated (CTA) VCT system, which offers improved fuel economy and superior cam phasing response.
13:23
谷歌第二季度业绩超出预期,其中云业务营收增长82%至247.7亿美元,运营利润率扩大至34%。然而,受AI资本支出激增影响,谷歌自由现金流转为负58.6亿美元。

Meta Platforms第二季度每股收益(EPS)为6.18美元,低于预期的7.2173美元,不及预期14%,结束了连续六个季度的业绩超预期。公司总成本飙升55%,导致运营利润率从43%降至31%。Meta预计全年资本支出在1300亿至1450亿美元之间,费用将增至1650亿至1690亿美元。其自由现金流暴跌91.31%至7.84亿美元。
13:23
SKHU is a single-stock leveraged ETF designed to achieve twice the daily return of SK Hynix American Depositary Receipts (ADRs). SKHU suffered a punitive decline as SK Hynix's preliminary Q2 revenue, although significantly up year-over-year, fell short of market expectations, putting pressure on its ADRs. The fund dropped 12% in Friday's trading, with an intraday quote of approximately $13, down from the previous day's closing price of $14.75. Since its listing on July 14, 2026, SKHU has cumulatively fallen 52% from its offering price of $30.83.
13:22
The U.S. Department of Labor announced on Friday that non-farm payrolls decreased by 23,000 in July, significantly lower than market expectations of an 80,000 increase, while June data was also revised downwards. This rare negative figure noticeably cooled market expectations for the Federal Reserve's monetary policy path, leading to a weaker dollar.

Against this backdrop, shortly after the non-farm data was released, Japanese Finance Minister Satsuki Katayama stated that Japan and the U.S. maintain close communication and will not hesitate to take intervention actions if necessary. He also revealed that he had reached a consensus with U.S. Treasury Secretary Besant that recent foreign exchange market fluctuations were driven by non-genuine demand. Affected by this, the Japanese yen quickly strengthened, with USD/JPY once falling by 1.1% to 156.68, before narrowing its decline to about 0.5%. Analysts pointed out that the yen's strength was mainly driven by the weak non-farm data, with expectations of a narrowing U.S.-Japan interest rate differential being the primary driver, while the risk of potential official intervention also supported market sentiment.
13:22
More private-equity firms are taking companies public, as sluggish dealmaking has made it hard to find buyers.
13:17
The move comes amidst conflicting signals from Washington and Tehran, with US President Trump claiming a final deal is 'close' while Iranian officials seek to escalate the blockade. The bill is reportedly backed by a flurry of drone and missile strikes in the Strait, keeping oil markets on edge. Separately, Iran and Oman have agreed on coordinates for a proposed shipping corridor, though Iranian officials noted key details remain unresolved.
13:12
Microchip Technology (MCHP) stock jumped Friday after delivering a beat-and-raise earnings report, leading the Philadelphia semiconductor index (SOX) higher. The Chandler, Ariz.-based chipmaker reported adjusted earnings of 76 cents per share on sales of $1.48 billion for its fiscal first quarter ended June 30, surpassing analyst expectations.
13:12
The inverse ETF DUST dropped on Friday, extending its decline as the underlying VanEck Gold Miners ETF (GDX) jumped 7%. This surge in gold miners follows blowout Q2 earnings from major players like Newmont and Agnico Eagle Mines, coupled with gold prices holding near record highs. Newmont reported record Q2 free cash flow of $2.2 billion, while Agnico Eagle saw revenue up 35%, with both beating EPS estimates.
13:11
The continuous software release management specialist reported Q2 revenue of $163.8 million, up 29% year-over-year, and adjusted EPS of $0.27, up 50%. Both figures surpassed analysts' consensus estimates of $155.64 million revenue and $0.24 EPS. Following the strong results, JFrog raised its full-year revenue forecast to $650 million at the midpoint, up from its previous outlook of $630 million.
12:58
Crypto exchange BitMEX's two-year effort to sell the company collapsed, with potential buyers including Exodus passing on the deal. Buyers were reportedly put off by the exchange's founder-led ownership structure, its shrinking business, and lingering reputational issues. BitMEX had reportedly sought a valuation of around $1 billion during the process. The company announced on July 24 that it would wind down operations, with a planned closure by September 23.
12:56
Bank of America still expects the Fed to raise rates by 75 basis points this year, starting in September, despite weaker July jobs data showing payrolls fell 23,000. The bank noted that prior months' payrolls were revised down by another 103,000, unemployment dropped to 4.1%, and wage growth slowed to 3.2%, with labor-force participation slipping. However, BofA believes inflation remains the Fed's primary concern.
12:56
According to Business Insider, Amazon plans to replace its Trainium 2 systems with Trainium 3 servers at its data center in Indiana, even though Trainium 2 chips only became fully available in December 2024. This move contradicts Amazon CEO Andy Jassy's previous statement that servers have a lifespan of "at least five to six years." Amazon had previously shortened the estimated useful life of some servers and networking equipment from six years to five years, effective January 2025, due to accelerated technological advancements, particularly in AI and machine learning. This led to the early retirement of some equipment, resulting in an estimated reduction of approximately $700 million in operating income and accelerated depreciation and related expenses of about $920 million in 2025. This rapid turnover could impact the economic benefits of Amazon's substantial investments in AI infrastructure.
12:55
Replimune has received FDA approval for its skin cancer drug, marking a successful third attempt to gain clearance. Despite the approval, the company's shares are tumbling.

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