What an index, a sector or an asset class did, and why. The default for session coverage.
Hedge funds in CME bitcoin futures have abandoned their long-standing structural short position, a shift CoinDesk attributes to compressed futures yields that undermined the cash-and-carry basis trade.
The Rio Tinto-led Resolution Copper joint venture has awarded about $110 million of contracts tied to its underground copper project in Arizona.
Rakuten posted record revenue for the quarter, with its fintech segment driving a jump in profit.
The Competition and Markets Authority has proposed new restrictions on land agreements used by Aldi and Lidl, extending rules that already apply to larger UK grocers.
Plus500 reported record revenue for the first half and highlighted rapid growth in its US operations. Shares rose about 6%.
Mike Ashley's Frasers Group has emerged as the leading bidder for luxury department store chain Harvey Nichols, according to a press report.
Prediction market operator Kalshi will use Nasdaq's market surveillance technology, a step toward exchange-standard monitoring of its event contracts.
JPMorgan raised its year-end price target for the S&P 500 to 8,000 from 7,800, joining a broader move by strategists to mark up equity forecasts.
A weaker-than-expected US payrolls report cut market-implied odds of further Fed tightening, while unresolved tensions around the Strait of Hormuz kept crude firm and gold near a seven-week high. Investors now turn to US CPI.
A cluster of broker actions saw downgrades for Akamai, Chemours, Compass Minerals, Interparfums and Beazer Homes, while Persimmon and James Hardie were upgraded.
Dutch neobank Bunq said U.S. regulators rejected its application for a banking licence, a setback to its plan to expand into the American market.
Analysis of the Bank of Japan's policy outlook points to Japanese government bond market conditions under Prime Minister Takaichi as a constraint on further tightening.
Sterling firmed against a weaker dollar following a soft U.S. employment report, while the Sentix survey showed euro zone investor sentiment moving into positive territory in August.
Microchip Technology said data center revenue nearly doubled in its latest quarter and is guiding to about $1 billion for the full year, shifting the mix at a company long defined by microcontrollers.
Berkshire Hathaway has resumed repurchasing its own shares after an extended pause, deploying part of a cash reserve that has grown to nearly $400 billion. The move drew a mixed reaction from investors who had hoped for a large outside acquisition.
Data show Germany's goods trade gap with China increasing as Chinese manufacturers reduce reliance on European industrial suppliers.
RBC Capital Markets downgraded the building materials company following results that fell short of expectations and a reduction to full-year guidance.
The Abu Dhabi gas processor reported quarterly earnings above its own guidance, helped by strong margins on domestic gas sales.
The frozen bakery group reported lower half-year revenue, with weakness in Germany offset partly by held margins and accelerating cost savings.
The German automotive and industrial components supplier said its chief financial officer is stepping down for personal reasons, with the shares falling on the announcement.