US manufacturing gathered further momentum in July, with the ISM Manufacturing PMI rising to 55.6 from 53.3, its highest reading since May 2022 and well above market expectations. According to ISM, the latest reading is Read more…
Every investor has felt the itch to buy the one stock everyone else already owns. Fastly’s chart this year has that kind of pull, a steady climb that turns skeptics into buyers with each new Read more…
Valued at a market cap of $22 billion, electric vehicle manufacturer Rivian has underperformed the broader markets in recent years. Down 80% from all-time highs, the EV maker beat Wall Street revenue consensus estimates in Read more…
Alphabet was founded as Google in Menlo Park, California, in 1998, and its original name quickly became synonymous with the concept of the internet search engine. The company went public in 2004, and more than Read more…
Boeing investors got a mixed picture last week. The plane maker is delivering more jets than it has in years. But a familiar problem, its presidential aircraft contract, is still eating into profits. The company’s Read more…
New York Fed President John Williams said he remains confident inflation will gradually resume its decline, arguing that the recent surge in energy prices is unlikely to derail the broader disinflation process. Speaking to Reuters Read more…
Market Overview The crypto market’s market capitalisation has fallen by 1% over the past 24 hours, returning to levels last seen in mid-July. The positive momentum the market showed in the first half of last Read more…
US involvement in currency interventions is weakening the dollar. The ‘hawkish’ tone of Fed members gave only temporary support for the greenback. The US dollar recorded its worst monthly performance since April amid doubts over Read more…
Why confirmed US-Japan intervention pushed Yen strength into the crosses instead of breaking USD/JPY below 155 What’s happening: Japan and the US jointly confirmed last week’s coordinated Yen-buying intervention, the first since 2011, and did Read more…
In 2018, Jeff Bezos stood in front of Amazon employees at an all-hands meeting in Seattle and told them the company would one day go bankrupt. That quote resurfaced widely in late July 2026, almost Read more…