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Update: US Equity Indexes Mixed as Mega-Cap Communication Services, Tech Names Weigh, Strait of Hormuz Safe Route Emerges

(Updates with index/price moves and macroeconomic data from the first paragraph.) US equity index

Viavi Solutions Non-GAAP EPS of $0.34 beats by $0.04, revenue of $443.1M beats by $10.48M

Axon Stock Falls After AI, Drone Wins Fuel Q2 Earnings Beat

Axon Enterprise, the S&P 500 maker of Tasers, body cameras and software for law enforcement, topped Q2 earnings forecasts and raised its outlook as revenue growth accelerated amid surging demand for i ...

Akebia GAAP EPS of -$0.03 beats by $0.01, revenue of $49M beats by $0.14M

Clearway Energy GAAP EPS of $1.00 beats by $0.57, revenue of $481M beats by $6.53M

Schrödinger GAAP EPS of $0.08 beats by $0.47, revenue of $58.89M beats by $11.65M

Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.

The S&P 500 has enjoyed an epic rally over the past five days — but the advance may be more mechanical and driven by options positioning, rather than by an improvement in investors’ fundamental outloo ...

Singapore Dollar: Break of 1.2790 may unlock further gains – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD was broadly flat on Tuesday, with SGD NEER trading 1.5–2.0% above its mid-point, implying a 1.2773–1.2837 range. Intraday, they ...

CVS Health Raised Its Outlook, but the Stock Still Fell

CVS Health stock fell Wednesday, even after the healthcare giant raised its full-year guidance on the back of second-quarter earnings that handily beat analysts’ projections. While analysts reacted ...

Update: Dow Hits New High, S&P 500 Retreats as Traders Await Hormuz Deal

(Updates with market moves at the end of the day, and other changes, if any.) The Dow Jones Indus

Sandisk destroys consensus in Q4, but market acts unimpressed

Sandisk (SNDK) clobbered the Wall Street consensus late Wednesday, issuing a strong beat on the top and bottom lines for the fiscal fourth quarter ending in June.

Why this CIO sees the S&P 500 climbing above $8,000 by year-end

Market Domination Overtime Host Josh Lipton welcomes Blanke Schein Wealth Management chief investment officer Robert Schein to discuss why he believes the S&P 500 (^GSPC) can finish the year above 8,0 ...