ADVFN US – Market Content Editor
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Trump’s unofficial Venezuela power broker exits role
Mauricio Claver-Carone has left his influential unofficial role shaping U.S. oil policy, business deals and debt restructuring in Venezuela.
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Chevron stock rises 2% as profit hits six-year high
Chevron shares gained 2.35 per cent after record U.S. production, higher oil prices and refining margins lifted quarterly profit to US$12.1 billion.
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Apple stock drops 7% as chip squeeze clouds record quarter
Apple shares fell 7.4 per cent despite record quarterly revenue as weaker guidance, memory costs and processor shortages worried investors.
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Novo Nordisk stock sinks 9% as heart drug fails trial
Novo Nordisk shares fell nearly 9 per cent after ziltivekimab failed to reduce cardiovascular events in the Phase 3 ZEUS trial.
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Roblox stock plunges 27% after weak bookings forecast
Roblox shares plunged about 27 per cent after weak bookings guidance, slowing user growth and analyst downgrades raised monetization concerns.
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Universal Music stock crashes 25% on subscription miss
Universal Music shares plunged 25.4 per cent after organic subscription growth slowed to 6.7 per cent and quarterly earnings missed forecasts.
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Amazon’s AWS Surge Powers Nasdaq to 1% Gain as Wall Street Caps a Volatile July
Stocks closed broadly higher on Friday, ending a turbulent month on a strong note as a blowout earnings report from Amazon reignited enthusiasm for the artificial intelligence trade. Investors looked past a fresh climb in Treasury yields and a steep drop in Apple shares, focusing instead on signs that spending on AI infrastructure continues to…
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Alibaba shares rise on Moonshot’s 20,000-chip AI deal
Alibaba shares rose after reports that Moonshot AI uses about 20,000 Nvidia chips through a cloud-computing agreement supporting its Kimi models.
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Ambarella stock surges on reported NXP takeover talks
Ambarella shares jumped nearly 20 per cent after reports that NXP Semiconductors is considering a US$3 billion-plus acquisition.
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European gas jumps 30% as Iran war strains winter supply
European gas prices surged more than 30% in July as the Iran conflict threatened LNG shipments and EU winter reserves lagged.