How AI’s Most Celebrated Hedge Fund Imploded in Just 30 Days
How the most celebrated fund in artificial intelligence sold its entire listed book to a competitor, and what the wreckage says about the rest of us.
Markets
Harmony Bio earnings beat by $0.40, revenue topped estimates
Investing.com - Harmony Bio (NASDAQ: HRMY) reported second quarter EPS of $1.28, $0.40 better than the analyst estimate of $0.88. Revenue for the quarter came in at $261.28M versus the consensus estimate of $242.14M.
Twist Bioscience Corp stock hits 52-week high at 106.58 USD
Twist Bioscience Corp stock reached a significant milestone, hitting a 52-week high of $106.58. The stock currently trades at $103.80, just shy of its recent peak of $105.47, with a market capitalization of $6.29 billio…
The stock market’s brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.
Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again.
McDonald's earnings beat estimates, chain announces new U.S. head to accelerate growth
McDonald's on Tuesday reported mixed quarterly results as same-store sales growth in the U.S. slowed.
Company News for Aug 4, 2026
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of …
The trade-off of graduating college early: No debt, but no job?
Federal borrowing limits for college have been reduced, forcing more borrowers to turn to private student loans to bridge the financing gap. Most college students have a thin or nonexistent credit file, though, which ca…
Pfizer tops quarterly estimates, hikes low end of revenue guidance on strength of non-Covid products
Pfizer on Tuesday reported second-quarter results that topped estimates and hiked the low end of its revenue outlook, citing the stronger-than-expected performance of non-Covid products.
Wayfair posts strongest U.S. growth since 2020
Wayfair on Tuesday said it saw its strongest growth in the U.S. and best free cash flow since the pandemic during its second quarter, as the online furniture company continues to take market share from legacy brick-and-…
I got two email invitations from friends. Is this a phishing scam — or am I suddenly popular?
Without much thought, you click on it because it seems reasonable. However, a few hours later, your crypto balance suddenly decreases for no apparent reason. That’s when you realize you’ve been the victim of a WhatsApp …
Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations
President Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict.
Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand
Palantir soared in premarket trading on Tuesday after the company reported "otherworldly" second-quarter earnings driven by customer demand for AI sovereign tools.
BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’
Britain's BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran.
Spotify's higher spending on marketing, AI features to hit profit
Aug 4 (Reuters) - Spotify said higher marketing and development costs would hurt its profit in the current quarter as the Swedish music-streaming giant bets heavily on features powered by AI to attract users.
The Magnificent Seven companies just did something they haven’t since ChatGPT was first released
Don Lemon, the former CNN anchor, was arrested today. Targeting journalists is not about enforcing the law, but shaping reality. History reflects a brutal truth: When you begin arresting journalists, your nation becomes…
Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ - business live
While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires.
Oil prices rise after vessel reports being hit in Strait of Hormuz
You can read our continuous live coverage on Iran, along with comprehensive reports and analysis, at this link.
Trader Joe's has one advantage over Walmart and Target
When I walk into a restaurant or store, I don't want a canned greeting. Having workers yell "welcome to Moe's," or watching Texas Roadhouse waiters have to stop waiting on people to do a line dance makes me want to leav…
Form 4 Snowflake Inc For: 3 August
August 1, 2026, 3:57 AM EDT. Goodyear India Limited (NSE:GOODYEAR) is scheduled to go ex-dividend on August 5th, with shareholders set to receive a ₹26.50 per share dividend on September 11th. This results in a 3.2% yie…
Corn Rallies into the Monday Close as NASS Cuts Ratings
Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average Cash Corn price as up 9 3/4 cents at $4.20.
Harvest-Friendly Weather in Brazil Weighs on Arabica Coffee Prices
Coffee prices settled mixed on Monday. Arabica coffee closed sharply lower as drier conditions in Brazil’s coffee-growing regions should allow for the pace of the country’s coffee harvest to pick up. Somar Meteorologia …
Stocks Settle Sharply Higher as Middle East Tensions Ease
The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.48%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.78%. September E-mini S&P futures (ESU26) r…
Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen
The Federal Reserve may soon be drawn into the Trump administration's efforts to back the embattled currency of U.S. ally Japan.
Snap's stock jumps 8% on earnings beat and strong sales forecast
Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates. The stock jumped about 8% in extended trading.