Asian equities are set for weekly losses as rising U.S. Treasury yields and higher oil prices weigh on risk assets. Japan's Nikkei dropped nearly 0.8%, heading for a 4% weekly decline, while South Korean and Taiwanese markets also fell. The U.S. 30-year Treasury yield hit around 5.25%, pressuring growth stocks. Meanwhile, Bitcoin surged nearly 20% to a two-month high and gold reached a three-month peak, benefiting from a weaker dollar and concerns over U.S. debt. These moves highlight investor caution amid fiscal worries and bond market stress, with Nvidia's upcoming earnings eyed as a key test for market sentiment.
KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and o...
Ubiquiti Inc. reported strong Q4 2026 results, surpassing analyst expectations with an EPS of $4.73 versus $4.03 estimated, and revenue of $937.32 million beating the $850.50 million forecast. The company’s financial health is robust, featuring a low...
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
Honeywell Technologies is rated Buy due to its strong 16% year-over-year order growth in Q2 2026, which outpaces its 4% sales growth and suggests future revenue acceleration as backlog converts. The company is successfully implementing cost reduction...
