Retail investing platform eToro delivered stronger-than-expected second-quarter earnings on Tuesday, sending shares up 5% in premarket trading as the company continues to capitalize on robust retail trading activity despite macroeconomic uncertainties. The social trading pioneer reported a 26% year-over-year jump in net contribution to $210 million, driven by heightened trading volumes across equities and cryptocurrencies. […]
Circle Internet Financial delivered a strong first quarterly report as a public company, with revenue and reserve income jumping 53% year-over-year to $658 million, sending shares up 5% in premarket trading Tuesday. The crypto financial services firm has seen its stock surge more than 400% since its June IPO. The growth was powered by soaring […]
Singapore’s Sea Ltd reported better-than-expected quarterly earnings on Tuesday, with revenue climbing 33.7% year-over-year to $3.8 billion in its e-commerce division and overall performance sending U.S.-listed shares up 9% in premarket trading. The company’s Shopee platform continued to dominate Southeast Asian and Taiwanese markets, with gross merchandise value (GMV) growing 28% to $29.8 billion. Sea […]
Wall Street opened higher Tuesday after July’s inflation report showed consumer prices rising largely as expected, reinforcing expectations for a Federal Reserve rate cut next month. The Consumer Price Index (CPI) increased 0.2% month-over-month and 2.7% annually—slightly below forecasts—while core inflation edged up to 3.1%, reflecting lingering price pressures from tariffs. The data solidified market […]
U.S. consumer prices rose moderately in July, with the Consumer Price Index (CPI) increasing 0.2% month-over-month and 2.7% annually—matching economist forecasts. However, core CPI, which excludes volatile food and energy costs, climbed 0.3%, its largest monthly gain since January, partly due to rising import tariffs. Year-over-year, core inflation edged up to 3.1%, reinforcing concerns about […]
Israeli airstrikes and tank fire targeted eastern Gaza City overnight, killing at least 11 people, according to witnesses and medics. The attacks come as Hamas leader Khalil Al-Hayya prepares for talks in Cairo aimed at reviving a U.S.-backed ceasefire proposal. Previous negotiations in Qatar broke down in late July, with both Israel and Hamas blaming […]
Russian forces have launched a surprise offensive near the coal-mining town of Dobropillia in eastern Ukraine, advancing at least 10 km (6 miles) in a bid to seize more territory in the Donetsk region. The move comes as U.S. President Donald Trump and Russian President Vladimir Putin prepare to meet in Alaska on Friday, where […]
The United States and China have extended their tariff truce for an additional 90 days, delaying the imposition of triple-digit tariffs on each other’s goods as the critical holiday shopping season approaches. President Donald Trump announced on his Truth Social platform that he signed an executive order to maintain the current tariff suspension until November […]
Pakistan has welcomed the United States’ decision to declare the Baloch Liberation Army (BLA) and its affiliate Majeed Brigade as Foreign Terrorist Organizations (FTOs). The US also added Majeed Brigade as an alias to BLA’s existing Specially Designated Global Terrorist (SDGT) status. Pakistan’s Foreign Office stated that these groups have long been involved in deadly […]
Pakistan’s efforts to eliminate polio have yielded positive results, with a notable decline in environmental detections of the virus, according to the National Institutes of Health (NIH). However, the virus continues to circulate in certain regions, posing a risk to eradication efforts. In July, 127 sewage samples were collected from 87 districts, with 42 testing […]
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