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NIO delivered 35,934 vehicles in July, a 71% increase from a year earlier, as the Chinese electric-vehicle maker continues to scale output. Year-to-date deliveries reached 227,057 vehicles, up 68% from the same period in 2025. Cumulative deliveries hit 1,224,649 vehicles as of July 31, underscoring the company's steady climb since its founding. The growth comes as competition in China's EV market intensifies, with an ongoing price war pressuring margins across the sector. Inv

Tilray Brands reported record revenue of more than $915 million for fiscal 2026, driven by a diversified mix of beverage alcohol, cannabis, and wellness products. The result marks a high-water mark for the company's multi-segment strategy. The beverage business, built through a series of craft brewing acquisitions, has become a meaningful contributor alongside the core cannabis operations, helping smooth revenue in a choppy regulatory environment. Shares traded around $4.48 F

Stocks closed higher Friday after a surprisingly weak July jobs report reinforced expectations that the Federal Reserve can keep interest rates on hold. The S&P 500 advanced 0.62% to a record close of 7,757.64, the Nasdaq Composite climbed 1.3% to 26,690.62, and the Dow Jones Industrial Average added 151.83 points, or 0.28%, to finish at 54,036.93. The Bureau of Labor Statistics reported that nonfarm payrolls fell by 23,000 in July, well below the 83,000 gain economists had e

Robinhood Markets has secured approval from the U.K. Financial Conduct Authority to offer crypto services in Britain, a milestone in the brokerage's international expansion. The clearance opens one of the largest crypto retail markets outside the U.S. to the platform. The approval lands alongside a string of growth initiatives. Robinhood is completing its acquisition of WonderFi, a Canadian crypto firm, for C$250 million, and is preparing to launch its second venture fund, ta

Riot Platforms has opened a $500 million at-the-market stock offering, raising fresh capital at a time when its bitcoin production is declining. The move extends a busy stretch for the miner, which reported second-quarter results this week amid expectations of significant losses and revenue near $149 million. The company is increasingly positioning itself as a developer of large-scale data centers rather than a pure bitcoin miner. Riot began generating revenue from a data cen

DraftKings reported mixed second-quarter results on Thursday. Revenue of $1.44 billion fell 5% year over year and missed the roughly $1.52 billion consensus, while earnings of $0.09 per share comfortably beat the $0.02 analysts expected. Adjusted EBITDA fell about 62% to $114.6 million. The shortfall was driven by customer-friendly outcomes, including the New York Knicks' NBA championship run and a string of bettor wins during the World Cup, along with higher promotional spen

Airline shares came under pressure Thursday as oil's renewed climb reignited concerns about fuel costs. American Airlines fell more than 3% and Delta Air Lines slipped about 1.3%, giving back part of the sector's recent run to multiyear highs that had been fueled by hopes of a resolution to the Iran conflict. Fuel remains the swing factor for the group's 2026 economics. Delta has said it expects fuel costs to run about $4 billion higher this year than in 2025, and carriers ac

Stocks pulled back from record territory on Thursday as a flare-up in geopolitical risk pushed oil prices higher and rekindled inflation worries. The Dow Jones Industrial Average fell 464 points, or 0.9%, to close at 53,885, snapping its record-setting win streak, while the S&P 500 slipped 0.2% to 7,709.96. Treasury yields rose alongside crude, pressuring rate-sensitive corners of the market a day after yields had eased on optimism around a potential Hormuz shipping deal. Ene

Genius Sports posted second-quarter revenue of $195.5 million on Thursday, up 64.7% from a year earlier and ahead of the company's $185 million guidance. It was the first quarter reflecting the combination with Legend, whose contribution helped the media technology, content and services division grow nearly 193% to $78.2 million. The growth came with a wider bottom-line loss: the net loss increased 42% year over year to $76.7 million, bringing the first-half loss to $132.2 mi

Hertz Global reported second-quarter results on Wednesday that came in ahead of Wall Street expectations, sending shares up roughly 11% in premarket trading. Revenue totaled $2.4 billion, up 10% from a year earlier, driven by the company's strongest second-quarter revenue per day on record outside the 2022 pandemic peak. GAAP net income was $64 million, or $0.05 per diluted share, while the adjusted net loss of $47 million, or $(0.11) per share, was far narrower than the roug

Clover Health reported second-quarter 2026 results after the close on Tuesday, posting earnings of $0.05 per share against a consensus estimate of $0.04. Revenue came in at $743.2 million for the quarter, ahead of analyst expectations of roughly $728 million. Alongside the beat, the Medicare Advantage insurer raised its full-year outlook. Management now guides to 156,000 to 158,000 average members, $2.92 billion to $3.00 billion of revenue, $525 million to $555 million of gro

AI infrastructure stocks took a beating this week, with AMD falling roughly 7% after earnings as investors questioned the capital requirements and near-term monetization of aggressive AI buildouts. Sandisk and Western Digital also saw punishing post-earnings reactions, and the Nasdaq lagged the broader market. The selloff spilled into server names, with Super Micro Computer slipping more than 4% ahead of its August 11 earnings report. The stock remains tightly tied to AI serv

Genius Sports releases second-quarter 2026 results before 8:00 a.m. ET on Thursday, with a conference call to follow. The sports data and technology company has told investors it anticipates revenue of approximately $185 million for the quarter, alongside adjusted EBITDA of around $45 million. The report lands on a busy day for sports betting, with DraftKings also set to release its second-quarter results after Thursday's close. Analysts there are looking for revenue of rough

The yield on the 10-year Treasury note slipped to around 4.6% this week, extending its retreat from an 18-month high of 4.75% as reports pointed to an imminent interim agreement between the US and Iran to reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said a deal could be reached within days. Falling oil prices tied to the diplomatic progress have eased inflation concerns, and markets trimmed the odds of a September Federal Reserve rate hike to around 57%, down

Fubo reported second-quarter 2026 results that showed revenue climbing 35.8% year over year to $1.48 billion, though the figure fell short of Wall Street's expectations. Shares dropped following the release. The streaming company's GAAP loss of $0.25 per share was better than analysts had forecast, coming in about 34% ahead of consensus on the bottom line. The quarter reflects Fubo's first full periods operating alongside Hulu + Live TV following the Disney combination. On th

Crude prices rebounded sharply after renewed attacks on Middle East shipping and a larger-than-expected draw in U.S. crude inventories reignited supply concerns. The move reverses part of last week's near-5% slide, which followed optimism that Washington and Tehran could strike a deal to reopen the Strait of Hormuz. Houthi attacks on vessels in the Red Sea and threats near Hormuz have pushed freight and insurance costs higher, with traffic through the strait — which normally

Oppenheimer downgraded Walmart from outperform to perform on Tuesday, saying Wall Street's confidence in the retailer leaves little room for upside heading into its fiscal second-quarter report on August 20. The firm flagged pharmacy headwinds in the Walmart U.S. business and a valuation that looks peakish, with shares trading around 37 times forward earnings versus a historical average closer to 23 times. Oppenheimer cautioned that the stock could move lower in reaction to r

JPMorgan downgraded Nike to underweight from neutral on Tuesday and cut its price target to $40 from $47, arguing the sportswear giant's turnaround will take longer than the market expects. The bank said Nike's 'Win Now' decisions made in 2026 — aggressive investments and inventory actions aimed at reigniting growth — will weigh on profits into fiscal 2028, keeping earnings under pressure even if revenue stabilizes. The call adds to a difficult stretch for the stock, which ha

Stocks closed sharply higher Tuesday, with the S&P 500 rising 1.79% to a record 7,736.52 and the Dow surging 907 points, or 1.71%, to 54,085.88 — also a fresh record. The Nasdaq popped 2.59% to 26,584.99 as Palantir rallied 29% on blowout results, reigniting the tech trade. The advance was supported by strong corporate earnings and lower oil prices amid optimism over U.S.-Iran talks to reopen the Strait of Hormuz — though that tailwind is already being tested as fresh threats

Hecla Mining reported second-quarter 2026 results on Monday, posting revenue of $334 million and income from continuing operations of $118 million, or $0.18 per share. The top line pulled back from a record prior quarter, primarily reflecting lower realized silver and gold prices during the period. Cash generation was the standout. Cash flow from continuing operations rose 61% year over year to $175 million, while free cash flow more than doubled to $136 million. The company