KGWV · U.S. MARKET INTELLIGENCE
Early Monday morning in New York, doubts grew over whether the United States and Iran could quickly reach an agreement to reopen the Strait of Hormuz, leaving S&P 500 futures nearly unchanged. S&P 500 futures and Nasdaq-100 futures showed little movement, whil…
Apple is testing memory chips made by ChangXin Memory Technologies, or CXMT, in product lines including the iPhone and MacBook, The Wall Street Journal reported on Aug. 9, citing people familiar with the matter. The testing is intended to help ease a memory sh…
Apple is considering a major redesign of its Apple Watch lineup as the wearable-device industry moves toward screenless products and other new form factors, technology journalist Mark Gurman said in a post published locally on Aug. 9. Gurman said Apple’s indus…
Cursor told employees at an all-hands meeting on Thursday that SpaceX could complete its $60 billion acquisition of the coding startup as early as next weekend, according to reports citing people familiar with the matter. The company also warned that the Curso…
Alphabet filed documents with the U.S. Securities and Exchange Commission seeking to issue up to $25 billion in medium-term notes through a series of offerings, according to SEC disclosure documents. CLS reported the filing on Aug. 8, Beijing time.
Key current-affairs developments include Beijing's decision to reduce the required period for non-Beijing households to have paid social-security contributions and individual income taxes before buying a home to one year. Domestic residents made 3.463 billion…
U.S. outpatient medical imaging provider RadNet reported second-quarter adjusted earnings of 29 cents per share, above the 19-cent estimate. Second-quarter revenue was $622.7 million, compared with the $610 million estimate.
Chevron expects its capital spending by year-end to come in at the low end of its guidance range of $18 billion to $19 billion, according to CLS.
Apple, Amazon and Nike were questioned by Democratic Sen. Warren over tariff refunds under the Trump administration, according to CLS. Warren is demanding that the companies provide tariff refunds to consumers.
Stocks in 1983: The Last Pullback Before the Bull Market ## A Sharp Correction Just After the Bull Market Began Starting in mid-1983, the market began to decline. The Dow Jones Industrial Average pulled back by more than 20%, while the Nasdaq fell by more than…