Latest news with #BullRun
Yahoo
16 hours ago
- Business
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures steady with Wall Street looking for more records
Stock futures rose on Monday, kicking off the week in search of more records as Wall Street looked to continue its furious bull run. Dow Jones Industrial Average futures (YM=F) rose 0.2%, while futures tied to the S&P 500 (ES=F) and those on the tech-heavy Nasdaq (NQ=F) hovered above the flatline. Wall Street is coming off a week that saw the Nasdaq Composite (^IXIC) notch two consecutive records at its end. The S&P 500 (^GSPC), meanwhile, just missed a record close on Friday. Tech stocks overperformed as Apple (AAPL) posted its best week since 2020 on the heels of its White House spotlight with President Trump. Nvidia (NVDA) also closed Friday at a fresh record amid signals from Trump that Big Tech companies could avoid looming chip tariffs. Read more: The latest on Trump's tariffs Trump claimed that his tariffs are having a "huge positive impact on the stock market," though Wall Street is still navigating the twists and turns in his trade policy. His sweeping duties on dozens of trade partners went into effect last week. Now, investors are turning their attention to his previewed sectoral duties on semiconductor and pharmaceutical imports, as well as a looming Tuesday deadline to extend a tariff pause with China. Wall Street will get another glimpse this week into how those tariffs are affecting price pressures in the US. The Consumer Price Index is set for release on Tuesday, followed by the Producer Price Index on Thursday and retail sales data on Friday. Inflation reaccelerated in June, and economists have warned that the tariffs will likely continue to seep into price data in the coming months. Meanwhile, gold futures (GC=F) fell in New York on Monday as traders waited for clarification from the White House over its tariff policy, after a US government agency ruled that 100-ounce and one-kilogram bullion bars would be subject to tariffs. Read more: Live coverage of earnings season The inflation data will be closely watched by the Fed, which is in focus after Trump nominated ally Stephen Miran to a seat on the central bank's board. Investors are pricing in around a 90% chance the Fed cuts rates in September, and a plurality have priced in the equivalent of three cuts by the end of the year. US gold futures fall as traders await clarification on tariffs US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. Target still in the bear camp Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Bitcoin at a fresh record Bitcoin looks to be breaking out of its recent trading range, hitting a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. crashing Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company specific, and tied to a sales reorg the company under US gold futures fall as traders await clarification on tariffs US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. Target still in the bear camp Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Bitcoin at a fresh record Bitcoin looks to be breaking out of its recent trading range, hitting a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. Bitcoin looks to be breaking out of its recent trading range, hitting a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. crashing Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company specific, and tied to a sales reorg the company under Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company specific, and tied to a sales reorg the company under
Yahoo
19 hours ago
- Business
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures rise with Wall Street looking for more records
Stock futures rose on Monday, kicking off the week in search of more records as Wall Street looked to continue its furious bull run. Dow Jones Industrial Average futures (YM=F) and futures tied to the S&P 500 (ES=F) edged up 0.2%, while those on the tech-heavy Nasdaq (NQ=F) rose 0.1%. Wall Street is coming off a week that saw the Nasdaq Composite (^IXIC) notch two consecutive records at its end. The S&P 500 (^GSPC), meanwhile, just missed a record close on Friday. Tech stocks overperformed as Apple (AAPL) posted its best week since 2020 on the heels of its White House spotlight with President Trump. Nvidia (NVDA) also closed Friday at a fresh record amid signals from Trump that Big Tech companies could avoid looming chip tariffs. Read more: The latest on Trump's tariffs Trump claimed that his tariffs are having a "huge positive impact on the stock market," though Wall Street is still navigating the twists and turns in his trade policy. His sweeping duties on dozens of trade partners went into effect last week. Now, investors are turning their attention to his previewed sectoral duties on semiconductor and pharmaceutical imports, as well as a looming Tuesday deadline to extend a tariff pause with China. Wall Street will get another glimpse this week into how those tariffs are affecting price pressures in the US. The Consumer Price Index is set for release on Tuesday, followed by the Producer Price Index on Thursday and retail sales data on Friday. Inflation reaccelerated in June, and economists have warned that the tariffs will likely continue to seep into price data in the coming months. Read more: Live coverage of earnings season The inflation data will be closely watched by the Fed, which is in focus after Trump nominated ally Stephen Miran to a seat on the central bank's board. Investors are pricing in around a 90% chance the Fed cuts rates in September, and a plurality have priced in the equivalent of three cuts by the end of the year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 days ago
- Business
- Associated Press
HackerNoon Publishes: SwapSpace Turns 6: On the Road from Aggregator to Exchange Hub
Where 600,000+ Trading Pairs Meet Zero Fees and Zero Friction. Edwards, Colorado, United States, August 7, 2025 -- HackerNoon, the independent tech publishing platform, published the following release today. Text below: SwapSpace, a leading crypto exchange aggregator, is celebrating its 6th anniversary — a significant milestone in an industry where six years often feels like sixty. Since its launch in 2019, SwapSpace has weathered market cycles, grown through bear markets, and helped hundreds of thousands of users swap smarter. Now, the team is reflecting on how far the platform has come — and where it's going next. Here's What They Built While Everyone Was Waiting for the Bull Run 'Happy 6th Anniversary, SwapSpace! It's been remarkable to see your journey and watch you grow into a trusted, user-first exchange hub. We're proud to collaborate with such a dynamic, professional team that consistently raises the bar in the crypto space.' Over the past year, SwapSpace launched a mobile app, expanded into 15 languages, and strengthened its partnerships with 42 trusted providers. Today, the platform enables over 600,000 trading pairs across nearly 4000 coins — all at the best available rates and with zero extra fees. It also introduced its own podcast, SwapSpace Huddle, featuring voices such as Scott Melker and the directors of the Vitalik Buterin documentary. Throughout 2024, SwapSpace maintained a strong presence at global crypto events including EthCC[7], ETH Belgrade, Token2049 Dubai and Singapore, Consensus Hong Kong, and Korean Blockchain Week. The team plans to return to KBW and Token2049 Singapore later this year.. Always On. Always Here User experience has become a top priority for SwapSpace. Over the past year, the platform has redesigned its interface, simplified the stepper flow, added smart tooltips, and optimized fiat integration — making swaps intuitive even for first-time users. Support has always been a priority. I respond 24/7, with a first-response time under 4 minutes — no bots, no scripts, just real help. That's not just customer service. That's trust. Internally, the team continues to refine operations. Logs, alerts, and dashboards help SwapSpace remain agile and resilient. Requested coins are regularly added, bugs are addressed quickly, and feedback loops are tightly maintained — allowing the platform to grow without sacrificing speed or quality. And This Is Just the Warm-Up Six years in, SwapSpace shows no signs of slowing down. The roadmap ahead includes major updates to product flow, expanded B2B integrations, and development of a native exchange product. As aggregation becomes more complex and more powerful, SwapSpace is positioning itself at the center of that evolution — not just adapting to industry changes, but actively shaping them. As part of its 6th birthday celebration, SwapSpace is launching a special community quiz on Interact. The prize pool is 1500 USDC, with 30 winners receiving $50 each. The full announcement is coming soon via the platform's official X account. About SwapSpace SwapSpace is a crypto exchange aggregator with more than 42 trustworthy partners and 3850 coins available for your smooth and extremely fast swaps at the best market rates. Operating since 2019, we aim to save your time by aggregating the swap offers from major crypto exchanges and arranging the deals in order by the best rate without charging any extra fee to you. We pick the best – you make a choice. About the company: How hackers start their afternoons. HackerNoon is built for technologists to read, write, and publish. We are an open and international community of 35k+ contributing writers publishing stories and expertise for 4M+ curious and insightful monthly readers. Founded in 2016, HackerNoon is an independent technology publishing platform run by David Smooke and Linh Dao Smooke. Start blogging about technology today. Contact Info: Name: Sheharyar Khan Email: Send Email Organization: HackerNoon Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89166647 Should you detect any errors, issues, or discrepancies with the content contained within this press release, or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team will be available to promptly respond and take necessary steps within the next 8 hours to resolve any identified issues or guide you through the removal process. We value the trust placed in us by our readers and remain dedicated to providing accurate and reliable information.
Time of India
17-07-2025
- Time of India
Beware, crooks pose as cops to rob senior citizens: Police
Margao: South Goa SP Tikam Singh Verma on Thursday strongly cautioned citizens to remain vigilant following a surge in cases where fraudsters impersonate police officers to dupe senior citizens of their gold ornaments. The alert came after two separate incidents were reported on Wednesday at Vasco and Fatorda police stations, both involving senior citizens above the age of 70 who were targeted by fake police officers. The accused specifically targeted elderly persons walking alone on roads, wearing gold ornaments. The fraudsters approached their victims, claiming to be police officers and warning that wearing gold in public was unsafe due to recent snatching incidents in the area. Trusting the impersonator, victims handed over their valuables, which were then wrapped in paper by the accused, who claimed the ornaments were safely secured inside before fleeing the scene. Addressing reporters on Thursday, the South Goa SP said that the police formed teams to nab the accused based on the leads obtained. 'There have been similar incidents in the recent past, and we nabbed a couple of suspects; their custodial interrogation is going on,' he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Le Bull Run des Crypto est-il Arrivé ? Le Bitcoin Franchit la Barre des 90 000 $ ! eToro Market Updates Click Here Undo Verma said that no genuine police officer would ask citizens to hand over their valuables under any circumstances. 'People should bear in mind that no policeman would stop you and ask you to hand over your valuables to them, though they may sometimes advise you (if they notice anything wrong),' he said. He advised citizens encountering such situations to immediately dial 100 or 112. 'Let the police arrive at the spot and handle the situation,' the SP said. As part of ongoing efforts of the police to protect elderly people, the SP revealed that every police station maintains a list of senior citizens living alone within their jurisdiction. 'Police visit their homes once or twice a month and enquire about their welfare,' he said.
News24
14-07-2025
- Automotive
- News24
Don't miss the Bull Run 2025 experience
SPONSORED: Rally your crew and secure your spectator tickets and tented accommodation! We can almost hear the engines rumbling! Bull Run returns from 9 to 12 October 2025 in Vanwyksvlei in the Northern Cape. The well-known venue transforms into a motorhead's paradise at the legendary Weg Ry & Sleep Bull Run and we expect nothing less this year. There are car shows, and then there's The Bull Run – a revved-up, dust-kicking celebration of horsepower, humour, and hardcore nostalgia. Even if you're not behind the wheel – the real party happens on the sidelines, so you don't want to miss out! It's all about roaring engines, themed teams, braais, and stories you'll be retelling for years to come. Spectator tickets are now on sale for just R1 800 – giving you full access to all the festivities that make Bull Run unforgettable. And if you're looking for comfort in the chaos, book a tented accommodation package for only R4 600 (sleeps two for the whole weekend). No stress, just vibes. What's more, this year boasts some of the most amazing partners: the indestructible Stanley, the pocketknife and multi tool everyone wants – Leatherman – and the name who can tell you everything you want to know about buying and selling cars – We Buy Cars. Whether you're cheering on your crew or soaking in the old-school V8 roar, this is one weekend you won't want to miss.
