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Palantir Soars 27% on Q2 Earnings Beat, Raises 2026 Forecast
Palantir stock jumps 27% after Q2 revenue beats estimates at $1.94B, with commercial revenue up 149%. Company raises 2026 guidance to $8.15B-$8.16B, citing AI sovereignty demand.
Chevron Falls 3.2% as Trump Demands Oil Price Cuts After Q2 Windfall
Trump slams Chevron and ExxonMobil for windfall Q2 profits amid Iran war, demands fuel price cuts. Chevron fell 3.2% after reporting $12.2B earnings, up 400% year-over-year.
Japan Tightens Permanent Residency Rules: Income Must Exceed Average Household Level
Japan’s Immigration Services Agency tightens permanent residency requirements, mandating applicants earn above average household income (5.75 million yen) and meet higher pension and Japanese language standards starting April 2027.
HSBC Profit Soars 60% to $10.1B; Announces $1B Buyback on August 4
HSBC’s Q2 pretax profit jumps 60% to $10.1B, beating estimates. Bank plans $1B buyback and 10-cent dividend as net interest income rises 9%.
Mäc-Geiz Closes 50 Stores as Insolvency Deepens; 1,175 Jobs at Risk
Mäc-Geiz household discount chain enters insolvency, plans to close 50 of 183 stores. 1,175 employees face uncertainty as restructuring begins.
Chevron Falls 1.9% as Trump Demands Oil Price Cuts After Windfall Profits on August 4
Trump slams Chevron and Exxon for windfall profits amid Iran war, demanding immediate fuel price cuts. Chevron Q2 earnings hit $12.2B, up 400% YoY, as gasoline averages $4.10 per gallon nationwide.
135% Upside, Says One Bank. So Why Did SpaceX Just Lose $500 Billion?
SpaceX stock has lost more than $500 billion in market value since its June 12, 2026 IPO. Shares priced at $135 have since traded as low as $104.83. Yet Morgan Stanley maintains a $300 price target, implying substantial upside from current levels. SpaceX now heads into its first-ever public earnings report on Tuesday, August 4,…
UK Pensions Shift to Performance Focus as DWP Roadmap Reshapes Retirement
DWP pensions roadmap introduces value-for-money framework requiring schemes to disclose performance metrics. Defined contribution pensions now account for 49% of new private pension access, up from 37%, shifting retirement risk to savers.
Bitcoin (BTC) Holds Above $63,800, Gains 1.73% Despite ETF Outflows; Hyperliquid (HYPE) Jumps 4.03%
Bitcoin trades at $63,800 on Tuesday, advancing after Monday’s mild correction. The move comes even as last week’s broader ETF outflow trend still weighs on sentiment. US spot Bitcoin ETFs flipped positive Monday, pulling in $170.09 million in fresh inflows. Hyperliquid extended its rebound for a third straight session, climbing back above its 200-day moving…