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Trade news — August 1, 2026 - Page 6

Publications tagged with Trade published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 6 of 11.

252 publications

  2. BusinessTradeEquitiesStock MarketManufacturing

    Reddit Reports Strong Q2 Results, Guides Up for Q3

    Reddit, Inc. (RDDT) reported strong financial results for Q2 2026, with revenue increasing 61% year-over-year to $805 million, driven by a 64% increase in ad revenue. EPS came in at $1.25, more than doubling year-over-year. The company also provided strong guidance for Q3, with expected revenue between $860-$870 million and adjusted EBITDA between $385-$395 million. Reddit's user base grew, with daily active users increasing 18% year-over-year to 130.3 million and weekly active users up 24% to 514.6 million. Despite the strong results, Reddit's stock price fell due to concerns about AI search traffic risks and disappointing user growth in the U.S.
    17 sourcesSee all sources
  3. BusinessTradeCorp GovRatings

    Fashion Editor Turns Manicure Gap into $40M Nails.Inc Empire

    Thea Green, a former fashion editor, spotted a gap in the UK market for speedy manicures and launched Nails.Inc in 1999. Despite having no beauty background or business plan, she turned it into a global success, selling one nail polish every minute. Green sold the company for $40 million but remains chair. She balances work and family life, waking at 5:45 AM daily.
    2 sourcesSee all sources
  5. WorldMiddle EastTradeHardware

    BP Puts UK North Sea Business Up for Sale

    BP has initiated a sales process for its UK North Sea business, which includes five production hubs across the central North Sea and west of the Shetland Islands. The move comes as the company's new CEO pushes for an overhaul of the business. The UK energy minister is in contact with BP regarding the sale plans, which could put around 1,100 jobs at risk. Industry groups have urged the new prime minister to provide stability and policy framework to prevent employers from leaving the region.
    32 sourcesSee all sources
  8. BusinessTradeLogisticsCommoditiesMarkets

    Treasury Secretary Bessent on Economy, China Tensions

    Treasury Secretary Scott Bessent expects economic growth to pick up later this year with core inflation trending lower. He dismissed the slowdown in GDP as a 'technical adjustment' and expressed confidence in the economy's strength. Inflation, as measured by the PCE index, slowed in June but remains above the Fed's 2% target. Bessent warned about growing tensions with China over AI development and rare earth supplies, likening it to a 'water polo match' where the U.S. may need to 'kick back'.
    2 sourcesSee all sources
  10. BusinessTradeLogistics

    Dollar Rate Decreases, Euro Increases on July 30 and 31

    On July 30 and 31, the dollar rate decreased while the euro rate increased in both the cash and interbank markets. The average dollar rate decreased by 4-6 kopecks in purchase and 3-5 kopecks in sale, while the euro increased by 8-12 kopecks in purchase and 12-15 kopecks in sale. The dollar rate opened at 44.86/44.89 UAH and decreased to 44.68/44.71 UAH by the end of July 30, and closed at 44.63/44.68 UAH on July 31.
    5 sourcesSee all sources
  13. BusinessTradeEquitiesStock Market

    Amazon's Q2 Revenue Surges, AWS Growth Accelerates

    Amazon reported Q2 revenue of $200.6 billion, up 20% year-over-year, driven by strong growth in its Amazon Web Services (AWS) division. AWS revenue grew 37% YoY to $42.2 billion, its fastest pace in 18 quarters. Notably, both AWS's AI business and chips business have surpassed a $25 billion annual revenue run rate, each growing at triple-digit rates. Amazon Advertising revenue also grew 26% YoY to $19.81 billion. The company's net income surged 245% to $62.6 billion.
    40 sourcesSee all sources
  15. WorldLegislationMiddle EastTrade

    North Korea's Economy Grows for Third Straight Year

    North Korea's economy grew by 3.5% in 2025, marking the third consecutive year of positive growth, according to estimates by South Korea's central bank. The growth was driven by stronger economic and military cooperation with Russia, particularly in the military industry sector. This growth comes despite the tightening of Western sanctions in 2017. The nominal gross national income increased by 9.4%, to 48.5 trillion won, while GNI per capita increased by 9%, to 1.87 million won.
    15 sourcesSee all sources
  20. WorldLegislationMiddle EastTrade

    South Korea Injects $13.9 Billion into Sovereign Wealth Fund for AI, Data Centers, Infrastructure

    South Korea plans to inject $13.9 billion (20 trillion won) into its sovereign wealth fund for strategic investments in artificial intelligence, data centers, and infrastructure. This move expands the fund's mandate to include domestic assets following a rout in technology stocks. The announcement has led to a surge in South Korea's stock market KOSPI, with SK Hynix and Samsung Electronics jumping more than 25%.
    5 sourcesSee all sources
  22. BusinessTrade

    Irancell CEO Emphasizes Shift to Strategic Partnerships

    The CEO of Irancell stressed the importance of moving away from traditional client-contractor relationships towards strategic partnerships with suppliers. This shift aims to create value for both parties, improve service quality, and ensure sustainable development. The 'Strengthening Strategic Partnerships with Irancell Suppliers' conference, held on August 8, was attended by senior management and supplier companies to discuss this transition.
    2 sourcesSee all sources