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First Look: SpaceX Share Unlock, Asian Tech Selloff, and FDA mRNA Flu Approval
GuruFocus· 2026-08-06 12:00
This is Guru Focus first look, your morning market brief for Thursday, August 6. Here are the stories driving markets today. SpaceX unlocked more than 900 million shares overnight with the company's stock falling 13% amid investor concerns over rising artificial intelligence spending and overall uncertainty.The share unlock comes as SpaceX also announced plans to compete directly with major US telecom providers through its Starlink mobile service, aiming to deliver global satellite connectivity and intensif ...
Iran Nears Strait of Hormuz Shipping Deal, Hackers Target Wall Street | The Pulse 8/6/2026
Bloomberg Television· 2026-08-06 11:54
ANNOUNCER: NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING AND WELCOME TO "THE PULSE." I'M FRANCINE LACQUA HERE IN LONDON.TECH EARNINGS AND IRAN TALKS ARE DRIVING THE MARKETS YET AGAIN. PLENTY TO DISCUSS IN JUST A MOMENT BUT FIRST, INVESTORS REALLY DIGESTING A WAVE OF COMPANY EARNINGS WHICH HAVE TESTED THE STRENGTH OF AI OPTIMISM. SOFTBANK REPORTED A SMALL THAN EXPECTED DECLINE IN THE COURSE OF NET INCOME AFTER HIGHFLYING U.S. MEMORY STORAGE STOCKS AND WESTERN ...
X @Bloomberg
Bloomberg· 2026-08-06 01:15
Market Trends and Currency Outlook - The Japanese yen is projected to strengthen by approximately 6% against the US dollar by the end of the year [1] Industry Research and Expectations - Financial institutions have revised their expectations following coordinated currency intervention policies [1]
BofA CEO on the affordability crisis: 'It's a real issue'
CNBC Television· 2026-08-05 17:15
I think we have an affordability crisis because people believe there's affordability crisis which will shape their behavior if it doesn't come in the line. That's largely around housing and rent costs which are still rising but have rising a less fast rate. It's around insurance costs which actually came back in line. It's around food cost and and gas cost.And so if if if a deal gets worked out and gas prices come back down, that takes away one of the concerns. But it's a real issue. ...