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Equities news — August 1, 2026

Publications tagged with Equities published on August 1, 2026 (UTC). This is a fixed calendar-day archive.

89 publications

  1. BusinessTradeEquitiesCreditFX

    Amazon Stock Surge Boosts Wall Street Despite Inflation Concerns

    Wall Street closed July with mixed results, as Amazon's strong earnings report pushed stocks higher despite lingering inflation concerns and rising bond yields. The Dow Jones Industrial Average gained 0.53% to close at 52,485.03, while the S&P 500 rose 0.7% to 7,489.72, and the tech-heavy Nasdaq Composite added 1% to 25,373.85. The gains came despite yields on 30-year and 10-year U.S. government bonds reaching their highest levels since 2007 and January 2025, respectively. Investors' doubts about Federal Reserve Chair Jerome Powell's commitment to fighting inflation also weighed on markets. Apple shares fell more than 7% after the company's earnings report, while Amazon stocks surged 15%.
    8 sourcesSee all sources
  2. BusinessTradeEquitiesStock Market

    Elon Musk's Wealth Plummets After SpaceX, Tesla Stock Drop

    Elon Musk, the world's richest person, has seen his fortune decrease by nearly half in six weeks, primarily due to the stock price drop of his companies SpaceX and Tesla. According to Bloomberg's Billionaires Index, Musk's net worth has fallen from $1.33 trillion to approximately $684 billion, making him no longer a trillionaire. This significant loss is attributed to heavy selling in both companies' shares following SpaceX's stock market debut last month. Despite the substantial decline, Musk remains the wealthiest individual globally.
    13 sourcesSee all sources
  4. BusinessTradeMarketsEquities

    U.S. Stock Market Pre-Market Buzz & Weekly Wrap-Up

    The U.S. stock market experienced intense volatility during the week ending July 31, 2026. Key tickers in focus included $MRNA, $COIN, $SYK, $AAPL, $WU, $NVO, $GDDY, $RDDT, $RBLX, $AXTI, $COHU, $NWL, $AMZN, $MPWR, $ALAB, $ETN, $DFLI, $DXCM, $MRVL, $CCJ, $FSLR, $SMCI, $TEM, $NBIX, $BBAI, and $XOM. Major winners were $MSFT and $AMZN, while $AAPL and $META came under pressure. Semiconductors ended lower, and AI-linked names experienced extreme swings.
    7 sourcesSee all sources
  10. BusinessTradeEquitiesRatings

    AI Investor Leopold Aschenbrenner Forced to Sell Stocks After Steep Losses

    Leopold Aschenbrenner, a prominent AI investor, has reportedly sold all of his hedge fund's public stock holdings due to significant losses. The fund, Situational Awareness, faced steep declines in AI infrastructure bets and short positions against software stocks. Aschenbrenner, once hailed as a prodigy, built the fund in 2024 on the premise that AI would drive demand for chips, compute, and energy, leading him to invest in suppliers like SK Hynix and Sandisk. However, these investments fell sharply, and the fund's assets dropped from a peak of $45 billion to around $10 billion, forcing Aschenbrenner to sell most of the portfolio to Citadel.
    42 sourcesSee all sources
  11. U.S.TaxEquitiesM&A

    Texas Stock Exchange Launches, Challenging Wall Street

    The Texas Stock Exchange (TXSE), dubbed the 'Tex-ee', officially launched on Friday, marking the first new major stock exchange in the U.S. in decades. Based in Dallas, TXSE aims to compete with Wall Street by tapping into the economic rise of Texas and the broader 'Boom Belt' region. Backed by prominent financial institutions like BlackRock and Goldman Sachs, TXSE plans to begin corporate listings later this year and facilitate initial public offerings starting in 2027. The exchange's launch is part of a broader trend of businesses relocating from high-tax, regulation-heavy states to more business-friendly environments like Texas.
    2 sourcesSee all sources
  12. BusinessTradeEquities

    Aditya Birla Capital's Q1 FY27 Net Profit Up 40% to ₹1,175 Crore

    Aditya Birla Capital has reported a 40% increase in its net profit to ₹1,175 crore in the first quarter of FY27 (Q1 FY27). The company's consolidated total income grew by 29% to ₹12,187 crore during the April-June period, compared to ₹9,531 crore in the same period last year. This growth was driven by increases across its lending, asset management, and insurance businesses.
    4 sourcesSee all sources
  16. SocietyTradeCommoditiesEquities

    Apple Stock Plummets on Weak Forecast Amid Component Shortages

    Apple shares dropped significantly, losing nearly $500 billion in value, after a weak forecast indicated component shortages. The iPhone maker is struggling to secure enough components due to the AI-driven data center boom straining global supply chains. This situation threatens to impact both the personal computer and smartphone markets this year. Apple's services business also showed weakness, raising concerns about future revenue streams. Analysts are questioning Apple's supply chain leverage and the AI impact on its products.
    5 sourcesSee all sources
  20. BusinessTradeCommoditiesEquities

    Tether Surpasses 146 Tons of Gold Reserves

    Tether, the company behind the USDT stablecoin, has reported a significant increase in its gold holdings, surpassing 146 metric tons in Q2 2026. This makes Tether the largest known holder of gold outside of banks and nation states. Alongside this, Tether's Bitcoin reserves grew to approximately 98,936 BTC, valued at $6.23 billion, and the company reported a net operating profit of $1.5 billion for the quarter.
    9 sourcesSee all sources
  21. PoliticsTradeEquitiesCredit

    U.S. Stocks Close Higher; Apple Plunges Over 7%

    U.S. stocks closed higher on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posting gains. The rally was driven by a 15% surge in Amazon's stock price following strong results from its cloud computing business. Meanwhile, Apple shares dropped over 7% due to supply constraints and weak guidance, wiping out $358 billion from its market capitalization. For the week, the S&P 500 gained 1.05%, the Nasdaq rose 1.59%, and the Dow Jones advanced 1.04%.
    4 sourcesSee all sources
  22. TechTradeMarketsEquities

    The $500 Console Era is Over

    Gaming hardware prices have reached an all-time high, with no signs of returning to the $500 sweet spot. The PS5 and Xbox Series X launched at $500 but have since increased in price due to COVID-19 supply chain disruptions, tariffs, and a chip shortage. Even Nintendo's Switch 2 launched at $449. Experts predict that by 2029, consumers will be used to paying close to $1000 for gaming hardware, making it unlikely that the next generation of consoles will return to $500 prices.
    2 sourcesSee all sources
  23. BusinessTradeEquities

    Bank of Japan to Discuss Interest Rate Hike

    Bank of Japan Governor has stated that the central bank will thoroughly discuss raising interest rates at its next meeting. The announcement comes as the bank maintains its current policy interest rate. The governor also mentioned that the possibility of an interest rate hike will be discussed more thoroughly in the future, with some views suggesting a half-and-half increase in September.
    4 sourcesSee all sources