Financial Market News and Analysis

Source: Reuters News Agency

1 month ago

China's CNOOC makes record interim profit on higher oil prices, output

Chinese offshore oil and gas major CNOOC Ltd posted a record first-half net profit on Wednesday, as higher oil prices driven by the Iran war and rising production boosted earnings.

Source: Reuters

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Source: Market Watch News Agency

1 month ago

General Medium Importance

Wall Street's massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities

Citadel Securities' strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.

Source: Market Watch

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Source: Seeking Alpha News Agency

1 month ago

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Ondas: The Growth Is Real, But So Is The Risk

Ondas Inc. delivered record Q2 revenue, raised guidance, and demonstrated 85% organic growth, yet shares remain flat amid high short interest. ONDS's backlog surged to $757 million, with a two-year pipeline exceeding $11 billion, validating its acquisition-driven growth strategy and operational execution. Significant warrant liability and dilution risk, alongside declining margins and ongoing cash burn until Q4 2027, weigh on the stock's valuation.

Source: Seeking Alpha

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Source: WSJ News Agency

1 month ago

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Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal

The world's second-biggest investment firm is making a bigger push into financial advice.

Source: WSJ

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Source: Reuters News Agency

1 month ago

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Hansoh Pharma reports 36% rise in first-half profit helped by innovative drug sales

China's Hansoh Pharmaceutical Group , a Roche partner, reported a near 36% rise in first-half profit on Wednesday, driven by ‌strong growth in sales of innovative medicines and higher investment income.

Source: Reuters

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Source: CNBC International TV News Agency

1 month ago

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A potential Democrat administration won't hurt Bitcoin: VanEck

VanEck's Matthew Sigel says Democrat's victory in the midterm elections would not hurt Bitcoin, but could be a problem for other cryptocurrencies. He says President Trump's support for Bitcoin, along with his family's stake in World Liberty Financial is positive for the U.S. economy because digital assets have the potential to unleash productivity gains.

Source: CNBC International TV

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Source: CNBC International TV News Agency

1 month ago

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Goldman Sachs expects Q3 earnings inflection for China's internet giants

Goldman Sachs' Kinger Lau sees a widening divide between China's sluggish consumer economy and its booming AI sector. He expects an earnings inflection for Hong Kong-listed internet giants in Q3 that could make investors more willing to pay for their AI potential, while geopolitical concerns remain relatively subdued.

Source: CNBC International TV

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Source: CNBC News Agency

1 month ago

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Mortgage rates hit highest level in 3 weeks, weakening demand further

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased last week to 6.78%. Applications to refinance a home loan fell 17% from the same week one year ago.

Source: CNBC

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Source: WSJ News Agency

1 month ago

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Kevin Warsh faces his biggest audience this week with one question hanging over him: Is inflation high because of one-off shocks such as tariffs and a war, or because the economy is running too hot?

Kevin Warsh has kept his views on interest rates close to the vest, leaving investors and Fed officials to guess how he plans to tackle persistent inflation.

Source: WSJ

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Source: WSJ News Agency

1 month ago

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Detroit Needs Canada More Than the Rest of the U.S. Does

President Trump is threatening to escalate tariffs on vehicles imported from Canada to 50%, adding more chaos to an industry challenged by trade wars.

Source: WSJ

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Source: WSJ News Agency

1 month ago

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Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening

Oil prices fell for a third straight day after Iran and Oman discussed establishing a temporary shipping route to temporarily reopen the Strait of Hormuz.

Source: WSJ

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Source: Seeking Alpha News Agency

1 month ago

General Medium Importance

Pursuit Attractions: Targeting The Premium Tourist Drives Growth

Pursuit Attractions and Hospitality, Inc. is rated Buy following strong 2Q26 results, driven by outperforming acquisitions like Tabacon Resort. Management raised full-year revenue and EBITDA guidance, citing a robust deal pipeline, strategic asset upgrades, and continued organic growth. PRSU trades at a forward EV/EBITDA of 10.6x, about half its 2H25 peak, despite a raised outlook and sector-leading EBITDA growth expectations.

Source: Seeking Alpha

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Source: Barrons News Agency

1 month ago

General Medium Importance

Why Lower Energy Prices Aren't the Inflation Fix Markets Need

Treasury yields have dropped since Treasury Secretary Scott Bessent's pledge to increase bond buybacks but it's not a lasting solution.

Source: Barrons

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Source: Reuters News Agency

1 month ago

General Medium Importance

Tereos sees EU sugar output falling to 38-year low as severe weather hits beet crops

French sugar maker Tereos expects this summer's extreme ‌heat and drought to reduce its growers' sugar beet yields by more than ⁠20% compared with last year, contributing to an anticipated 38-year low for EU sugar output, the company said on Wednesday.

Source: Reuters

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Source: Bloomberg Markets and Finance News Agency

1 month ago

General Medium Importance

Crypto Market: Is the Bitcoin Rally Sustainable?

Bitcoin is up about 22% since Treasury Secretary Scott Bessent said on Aug. 20 that the US would “at least double” planned purchases of outstanding 10- to 30-year debt. Bloomberg's Ryan Weeks analyzes whether the momentum can last.