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8/11
12:07
Nasdaq stated the acquisition will advance its vision for always-on markets and expand its role in how liquidity is connected and capital is formed.
12:04
The telehealth company reported a GAAP loss of $0.37 per share in the second quarter, compared to a profit of $0.17 per share in the year-earlier period. Gross margins also fell to 64% from 76% year-over-year. The results were impacted by an $81 million one-time cost, including expenses related to an acquisition, restructuring, and legal reserves tied to recent litigation with the Federal Trade Commission (FTC). The FTC filed a lawsuit against Hims & Hers on July 29, alleging it shared private health data with advertisers and made subscription cancellations difficult, claims the company has vowed to fight.
12:04
Yahoo Finance analysis indicates that despite Palantir Technologies (PLTR) stock price falling 0.5% year-to-date in 2026, underperforming the Nasdaq Composite's approximately 14.4% gain, its AI platform continues to achieve explosive growth. The company's latest quarterly revenue increased by 93% year-over-year, with U.S. commercial revenue up 149% and government revenue up 90%, achieving a net profit margin of 55% for the quarter. However, Palantir's valuation remains high, at approximately 50 times its projected 2026 revenue and about 108 times its forward earnings. Analysts expect its revenue to potentially exceed $17 billion by 2029, but its current market capitalization of approximately $412 billion already reflects most of the growth for the next three years, and investors should be wary of valuation risks.
12:03
Aecom's revenue for the quarter was $3.6 billion, 80% more than the $2 billion Wall Street expected, but still represented a 14% year-over-year decline. The company attributed the loss to a $337 million pre-tax charge related to a Construction Management project contract signed in 2019, which management stated would not be acceptable under current risk policies.
11:58
The Japanese yen continued to weaken against the US dollar, recording its largest single-day drop in over two months on Monday, falling 1%. The appreciation effect brought by the joint intervention by Japan and the United States in late July has almost been exhausted. On Tuesday, the yen touched 159.39, stabilizing around 159.22 during the New York session. The market widely expects that once the yen effectively breaks the 160 mark, it will trigger another intervention by the authorities. Japanese and US officials have previously made it clear that they will take action again if necessary, but analysts warn that without substantial policy follow-up, the effect of intervention will be difficult to sustain.
11:57
Latvia’s Air Baltic has outlined a plan to turn around its ailing business by cutting costs and swapping much of its existing bond for equity.
11:51
Donald Trump posted on Truth Social that New York City's Pied-a-Terre tax (a tax on non-primary residences) is costing New York City and State dearly, as the funds ultimately collected are minuscule compared to the taxes paid by the tens of thousands fleeing New York. He noted that Florida, Texas, and many other states are profiting from this. Donald Trump called New York's policies "dangerous political experiments" and "amateur hour" that will destroy the once-great city and state, predicting that financial and social collapse is 100% certain. He also mentioned the radical left imposing congestion pricing on top of everything else. Donald Trump stated that he is looking into whether the federal government has the legal right to avert this disaster.
11:51
Robert Gilman was jailed in 2022 for kicking a police officer while drunk. Massachusetts Senator Ed Markey stated that Gilman had been "essentially catatonic" and battling a "severe case of pneumonia" before his release. He is now flying on a US plane to Washington, D.C., with his family awaiting him at a military hospital in Texas. His sister thanked former President Trump for his intervention.
11:49
The retail giant announced the appointment on Tuesday, making it the latest major retailer to invest in artificial intelligence to enhance operations and customer experience. Nair previously held roles at Lowe's, Staples, and Gap, focusing on data, AI, and innovation. Target aims to use AI for inventory management, faster decision-making, and identifying consumer trends, following the launch of tools like Target Trend Brain and a conversational AI program for holiday shopping.
11:47
Chinese humanoid robot maker Unitree's $900 million initial public offering (IPO) in Shanghai was oversubscribed by retail investors more than 8,000 times, with a success rate of about 0.018%. In comparison, SpaceX's previous offering was oversubscribed by about 4 times.
11:47
Matt Smith, a partner at Chronometer Partners, predicts that the United States could face a natural gas shortage by 2028 and potentially deplete its inventory by 2030. This is due to increased liquefied natural gas (LNG) exports and a surge in demand from artificial intelligence (AI) data centers. He noted that this would lead to higher electricity bills for American consumers, with residential electricity prices expected to rise by 5% in 2026.
11:46
JPMorgan Chase will invest a nine-figure sum in the 2028 Los Angeles Olympic Games as the first global banking partner in Olympic history. While the terms of the agreement were not disclosed, such partnerships are expected to be worth over $200 million per four-year cycle. John Slusher, CEO of U.S. Olympic and Paralympic Properties, called JPMorgan Chase "the biggest partner we could get." The partnership also includes the Olympic and Paralympic Games in the French Alps in 2030. JPMorgan Chase also announced last week plans to hire more than 100 additional commercial bankers in Southern California to coincide with its business expansion during the Los Angeles Olympics.
11:42
SentimenTrader technical strategist Jay Kaeppel points out that despite some investors' concerns that the current AI-driven bull market may be nearing its end, according to the seven-year cycle he has identified, the stock market will enter a historically strong 18-month cycle starting October 30. Kaeppel explained in comments to clients and MarketWatch that historical data from the past 106 years show these cycles typically bring exceptionally strong stock market returns.

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