Meta Faces Trillion-Dollar Legal Threat as Social Media Trial Begins; Home Depot Beats Q2 Estimates
Key Takeaways Meta Platforms (META) is facing a landmark trial in California involving 29 state attorneys general, with potential financial […]
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Global Markets React to Rising Yields, Geopolitical Tensions, and Corporate Earnings
Key Takeaways German 30-year bond yields hit 3.78%, the highest level since 2011, as global inflation fears resurface following the
Home Depot and Xiaomi Beat Estimates as Investor Sentiment Shifts Bullish
Key Takeaways Home Depot (HD) beat Q2 expectations with $47.86 billion in net sales and adjusted EPS of $4.92, while
Baidu Misses Estimates as AI Pivot Accelerates; Global Shipping Costs Surge Amid Hormuz Crisis
Key Takeaways Baidu (BIDU) reported Q2 2026 revenue of 31.33B Yuan, missing estimates of 31.59B Yuan, while Adjusted Profit per
Global Markets Shaken by Hormuz Closure and Three-Decade Peak in Japanese Yields
Key Takeaways Iran's top negotiator Mohammad Bagher Qalibaf announced the Strait of Hormuz will remain closed until the U.S. meets
SoftBank Eyes Record $6.3B Bond Sale; Virgin Trains Challenges Eurostar Monopoly
Key Takeaways SoftBank Group (9984) is planning a one trillion yen ($6.3 billion) bond issue targeting retail investors, marking the
Shipping Giants Halt Middle East Routes Amid Escalating Regional Conflict
Key Takeaways Major Chinese shipping firms COSCO (1199) and CMES have halted all oil tanker transits through the Strait of
Copper Spreads Surge to 2021 Highs Amid Acute Supply Squeeze; European Markets Mixed
Key Takeaways LME copper backwardation hit $543.50 per tonne, the widest spread between spot and three-month prices since the historic
Global Markets React to UK Labor Slump and Escalating Ukraine Conflict
Key Takeaways UK labor market weakens as employers shed 13,000 payrolled jobs in June, with vacancies falling to a five-year
UK Labor Market Softens as European Bond Yields Hit Multi-Year Highs
Key Takeaways UK unemployment held steady at 4.9% in the three months to June, missing analyst expectations of a slight