flash-finance
Hovnanian forecasts Q3 revenue of $650M-$750M with 14%-15% adjusted gross margin as incentives ease sequentially
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ApolloBio reports positive phase 3 results for VGX-3100 in China
Workday earnings beat by $0.14, revenue topped estimates
Zoom shares jump on earnings beat and raised guidance
Copart GAAP EPS of $0.43 beats by $0.02, revenue of $1.24B beats by $40M
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US stocks finished the day flat, paring earlier losses as bond yields and oil prices drifted lower on hopes for a peace settlement in the Middle East, and as investors piled into old-economy stocks.
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Celebrated tech banker lost influence over Elon Musk’s blockbuster listing amid stint in Trump administration
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US government bonds snapped an earlier decline to notch gains as oil retreated on hopes that an agreement to end the US war in the Middle East will be reached soon.
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The wild macro impact of AI.
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A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale of the Great Recession in 2008, according to Rapidan Energy Group.