Nvidia Slides 22% in Forward P/E as EPS Outlook Advances 8.8%
August 3, 2026, 5:53 AM EDT. Nvidia shares began Monday valued at 22.3 times projected fiscal 2027 earnings, a decline of 22% from their 28.5x multiple in May, even as earnings-per-share forecasts climbed 8.8% to $9.01. The stock has dropped 14.8% since mid-May, ending last week at $200.75 following a 2.9% gain for the day. Nvidia has outpaced AMD and the semiconductor benchmark, yet it currently trades at 35% of AMD’s valuation and at two-thirds of Broadcom’s. Quarterly revenue reached $81.6 billion, with 92% contributed by its Data Center business.
Nvidia Shares Hover Around $201, Forward V…
Faraday Future Jumps Nearly 20% Premarket After July Robot Deliveries Hit Record
August 3, 2026, 5:52 AM EDT. Shares of Faraday Future Intelligent Electric Inc. NASDAQ:FFAI rose 19.9% premarket to $7.11 after reporting a record July, with 152 robots sold and shipped, bringing the year-to-date total to 394 units, or 19.7% of the 2,000 target. The company will need to raise monthly shipments to 321 units to reach its year-end goal. A 1-for-150 reverse stock split drew heavier trading, with the market cap now close to $15.2 million.
Faraday Future shares surge almost 20% bef…
AstraZeneca Drops on £300bn Bristol Myers Squibb Merger Discussions
August 3, 2026, 5:51 AM EDT. AstraZeneca shares slid 6.1% to 11,860p during ongoing merger discussions with US-based Bristol Myers Squibb, a move that could establish a £300 billion giant in the pharmaceutical sector. The combined group would be the globe’s fourth-largest drugmaker, though the deal faces regulatory scrutiny. AstraZeneca, last valued at £196 billion, is seeking a larger presence in the US market. Bristol Myers Squibb holds a valuation near £133 billion.
AstraZeneca share prices drop amid £300bn …
Gulf Stocks Climb Following Trump Pause on Iran Action
August 3, 2026, 5:40 AM EDT.Major Gulf stock markets moved higher in early Monday trading after U.S. President Donald Trump put on hold a planned military strike against Iran, raising optimism for renewed negotiations and a possible reopening of the Strait of Hormuz.
Most Gulf markets gain as Trump holds off …
Dow, S&P 500, Nasdaq 100 Futures Advance as Investors Assess Economic Data, Fed Policy Outlook
August 3, 2026, 5:39 AM EDT. U.S. stock futures advanced Monday, with the Dow Jones up 0.56%, the S&P 500 rising 0.40%, and Nasdaq 100 adding 0.31% after Friday’s session. Market participants look ahead to July nonfarm payrolls, ISM PMI data, and Fed rate hike expectations, which stand at 64.5% for September. Treasury yields remain at 4.69% for the 10-year and 4.25% for the 2-year. Among notable stocks, ArcelorMittal (MT) maintains strong price momentum and quality ratings, according to Benzinga’s Edge Rankings.
Stock Market Today: Stock Market Today: S&…
Warsh’s Pause on Rate Hikes May Have Been More Restrictive Than Raising Them, Analyst Says
August 3, 2026, 5:36 AM EDT. Federal Reserve Chair Kevin Warsh’s decision to pause interest rate hikes may have imposed tighter conditions on the economy than raising rates themselves, a bond market expert says, calling the approach paradoxical.
Warsh tightened more by pausing than by li…
VBX (ASX:VBX) Falls as Investors Monitor Project Funding and Feasibility Progress
August 3, 2026, 5:26 AM EDT. VBX shares slid 6.74% to AUD 0.42 on 3 August 2026, as market sentiment shifted alongside new developments in the Wuudagu Bauxite Project in Western Australia. The company remains intent on obtaining financing through planned international partnerships to drive its next development phase. Market participants are keeping a close eye on feasibility assessments and funding updates, which are crucial for advancing its early-stage bauxite exploration efforts tied to alumina and aluminium sector demand.
VBX (ASX:VBX) shares Under Pressure Today:…
Investing £1,000 in Dividend Shares to Generate Additional Income
August 3, 2026, 5:25 AM EDT. Allocating £1,000 to dividend shares can provide an important second income, especially as the UK faces a cost-of-living crisis in 2026. Investors are advised not to focus solely on high yields unless supported by robust free cash flow, which is essential for consistent dividends. Safestore Holdings (LSE:SAFE) reports a 14.6% rise in net cash inflow alongside ongoing revenue growth, leaving the company well-placed for potential dividend increases as its operations expand.
How to invest £1,000 in dividend shares an…
Oil tumbles as Trump calls off Iran attacks; European shares gain
August 3, 2026, 5:24 AM EDT.Oil prices dropped sharply, with Brent crude falling 5% to $83.50 and US West Texas Intermediate sliding over $5 to $79.47. The drop came after President Trump called off planned military action against Iran, turning attention towards possible diplomatic talks. The Stoxx 600 rose 0.4%, while energy shares slipped 2% and travel and leisure stocks jumped 2.1%. OPEC+ agreed to boost output by 188,000 barrels a day from September, in the context of persistent geopolitical uncertainty.
Oil prices plunge and Europe’s stock marke…
SpaceX Holders Permitted to Offload 20% Stakes as of August 6, 2024
August 3, 2026, 5:23 AM EDT. Pre-IPO SpaceX investors can sell as much as 20% of their holdings beginning August 6, 2024, as the 12-month lock-up period ends. SpaceX shares are changing hands for less than the $135 offer price as of August 3, 2024. Up to 911.5 million shares – equal to 20% of issued stock – could become available, raising questions over valuation as the market draws parallels to Meta’s IPO pricing.
This week could be critical for SpaceX sha…
George and Amal Clooney Leave French Residence Over Spreading Wildfires
August 3, 2026, 5:22 AM EDT.George Clooney and wife Amal Clooney have left their southeastern France property as large wildfires continue to sweep across Europe.
Wildfires force George and Amal Clooney to…
Yen Rises on U.S.-Japan Action, but Rate Gap Remains Key
August 3, 2026, 5:21 AM EDT. The joint U.S.-Japanese intervention lifted the yen, though most strategists highlight that the interest rate differentials-with Japan’s rates still far below U.S. rates-continue to be the primary driver of the currency’s direction.
Joint U.S.-Japanese intervention boosts th…
ASX Recovers as Defensive Shares Offset Impact of Falling Iron Ore Prices
August 3, 2026, 5:13 AM EDT. The ASX finished higher as gains in defensive sectors balanced out losses from weaker iron ore prices that weighed on Fortescue Metals Group (FMG) and Rio Tinto (RIO).
Closing Bell: ASX regains ground as defens…
Kraftia Mulls Launching Investment Fund; Stock Sees Volatility
August 3, 2026, 5:12 AM EDT. Kraftia (TSE:1959) plans to hold a board meeting on July 30, 2026, to review a proposal for creating a new subsidiary investment fund, Kraftia Succession Value Partners Investment LP. The company’s shares have dropped 7.4% over the past month, but have still advanced 8.8% since the start of the year and are up 31.8% on a one-year basis. Currently, Kraftia trades at a 14.7x P/E ratio, exceeding its peer group average, yet is viewed as undervalued in relation to its estimated fair value of ¥10,344.73. Risks persist should the newly proposed fund deliver below expectations.
Kraftia (TSE:1959) Weighs A New Fund Subsi…
S&P 500 Futures Advance as Earnings Buoy Sentiment Despite Rate Pressures on Aug 3, 2026
August 3, 2026, 5:11 AM EDT. US equity futures climb, with S&P 500 contracts gaining 0.6%, as Treasury yields holding near 4.7-4.8% continue to lift borrowing expenses. Consumer confidence climbs to a five-month peak of 55.2, though inflation expectations persist at 4.2%. Top movers include Amazon (AMZN +15.32%), DexCom (DXCM +11.95%), and Arxis (ARXS +10.86%). Markets look ahead to key earnings from Pfizer, Amgen, McDonald’s, AMD, Shopify, and others this week.
US Stock Market Today: S&P 500 Futures Ris…
Teradata (TDC) Shares Still Seen as Undervalued After 54% Rally
August 3, 2026, 5:10 AM EDT. Teradata shares climbed 54.1% over the past year, yet continue to trade 25.1% below intrinsic value according to Discounted Cash Flow (DCF) estimates. The current 6.9x P/E ratio stands far under the software sector average of 29.0x, suggesting the stock remains undervalued despite notable gains and increasing enterprise AI activity.
Teradata (TDC) Stock Looks Cheap Even Afte…
Nifty PSU Bank Index Gains 2% as Investors Buy Broadly Before RBI MPC
August 3, 2026, 5:09 AM EDT. The Nifty PSU Bank index climbed 2% amid broad-based purchases. Analysts point to strengthening fundamentals, appealing valuations, and projected robust Q1 earnings as supporting factors for the advance.
Nifty PSU Bank index up 2%; analysts see m…
Sweet v. McMahon: $12.4 Billion in Student Debt Relief Moves Forward
August 3, 2026, 5:08 AM EDT. The Sweet v. McMahon settlement delivers $12.44 billion in relief, allocating $11.8 billion (95%) to student loan debt cancellation and $640 million for cash refunds. More than 450,000 borrowers are affected, with total relief surpassing $23 billion, covering balance cancellations, accrued interest, and the removal of defaults. The Ninth Circuit has maintained settlement deadlines, influencing at least 1.1% of federal loan borrowers.
Sweet v. McMahon Student-Loan Settlement: …
Dow, S&P 500, Nasdaq Futures Climb as Trump Backs Peace Talks Over Iran Strike
August 3, 2026, 5:07 AM EDT.Futures for the Dow, S&P 500, and Nasdaq advance ahead of the open after President Donald Trump halted a strike against Iran in favor of pursuing peace discussions, shaping premarket trading sentiment.
Stock Market Today: Dow, S&P 500, Nasdaq S…
Tijuana Airport Sees Fewer Flight Cancellations After Code-Share Review; Passenger Numbers Vital for GAP
August 3, 2026, 5:06 AM EDT. Flight cancellations at Tijuana Airport decreased by a third following a code-share audit that found duplicate listings for Avianca’s AV6830 and Viva’s VB7401. In June 2026, Grupo Aeroportuario del Pacífico NYSE:PAC reported 976,800 passengers passing through Tijuana, marking a 4.6% dip and accounting for 19.9% of the company’s total passenger count. Cross Border Xpress, which GAP took full ownership of in May, brought in $26.8 million in revenue from 333,000 users, highlighting how passenger trends outweigh the effect of temporary flight interruptions.
Tijuana Airport Flight Cancellations Drop …
Greggs Investment Grows to £21,662 Over Ten Years
August 3, 2026, 5:01 AM EDT. Greggs LSE:GRG shares have gained 58% over the last ten years, and when including dividends, the total return reaches 109.5%. A £10,340 investment made in 2016 would now be valued at £21,662, reflecting an annualised return of 7.68%. Latest H1 2026 figures reveal sales increased by 7.2% and operating profit jumped 22.9% to £86.5m, supported by higher margins and lower capital expenditure, pointing to potential signs of recovery.
Here's how much 1,000 Greggs shares bought…
Derwent London (LON:DLN) Reaches Fresh 52-Week High as Analyst Opinions Diverge
August 3, 2026, 4:58 AM EDT. Shares of Derwent London Plc (LON:DLN) set a new 52-week high at GBX 2,154 before ending the session at GBX 2,136, trading 10,855 shares. The firm has a market capitalization of £2.36 billion and trades at a P/E ratio of 14.78. Analyst sentiment is mixed, with 4 issuing Buy ratings, 3 on Hold, and 2 recommending Sell; the consensus price target stands at GBX 1,956.50. Additionally, Derwent London launched a stock repurchase program on May 12.
Derwent London (LON:DLN) Sets New 12-Month…
Flutter Entertainment Removes Shares from London Listing, Moves Main Focus to NYSE
August 3, 2026, 4:57 AM EDT. As of 3 August, Flutter Entertainment has removed its shares from the London Stock Exchange and now lists solely on the New York Stock Exchange, citing limited trading activity on the LSE and associated regulatory expenses. The company said it still prioritizes its UK and Irish business through brands such as Paddy Power and Sky Betting & Gaming.
Flutter completes delisting from London St…
3M (MMM) Stock Seen as Fairly Priced Following 119% Three-Year Rally
August 3, 2026, 4:56 AM EDT. 3M (MMM) shares have jumped 119.3% over three years, including a 24.4% return over the past year. They are considered roughly 17.4% undervalued using a Discounted Cash Flow (DCF) intrinsic value of $214 per share. The stock’s price/earnings multiple of 30.3x remains above the sector average, with valuation checks pointing to a cautious stance as strong historical gains face mixed signals on growth and margin performance.
3M (MMM) Stock Still Looks Reasonable Afte…
Passive Investing Trends: Sectoral Funds Outpace Thematic Peers in 2026
August 3, 2026, 4:55 AM EDT. For the six months ending July 30, 2026, the Nifty 50 TRI dropped 3.3% and Nifty 500 TRI was up 1.8%, but a number of sectoral indices delivered strong outperformance. Among them, the Nifty Pharma TRI advanced 22%, Nifty Healthcare rose 20.8%, Nifty Realty climbed 15.3%, Nifty Capital Markets added 13%, and Nifty India Defence gained 12.7%, with growth fuelled by both share price gains and dividends.
Passive funds go niche: should you bet on …
U.S. Futures Advance as Oil Sinks 6%, Markets Eye Jobs Report and AI Results
August 3, 2026, 4:54 AM EDT. U.S. futures gained between 0.6% and 0.95% on Monday while crude oil dropped over 6% as concerns over Iran subsided. The S&P 500 and Nasdaq each climbed 1.05% and 1.59% in the previous week, lifted by strong tech earnings, especially Amazon, which surged 15%. Attention turns to July jobs figures, with forecasts expecting 83,000 new jobs and unemployment at 4.3%. Volatility remains as crude’s sharp decline accompanies moderate equity gains, underscoring tight margins and careful optimism as AI-related investments remain in focus.
Futures Rise as Crude Drops 6% Ahead of Jo…
Kuwait Oil Output Climbs as OPEC+ Lifts Production Caps
August 3, 2026, 4:53 AM EDT. Kuwait’s daily oil production jumped to 1.971 million barrels in July, up from 1.65 million in June and 580,000 in May. The boost comes as OPEC+ moves to lift output targets by 188,000 barrels daily from September, undoing last year’s cuts. Despite the rise, growth remains constrained due to the Strait of Hormuz blockade and ongoing regional security concerns that impact oil transit from the Gulf and producers including Kazakhstan.
Kuwait Oil Production Surges as OPEC Compl…
Kospi, Situational Awareness slump tied to shared investment pitfalls
August 3, 2026, 4:52 AM EDT. Sharp declines in the Kospi index and Situational Awareness have been connected to the same investing trap, exposing major weaknesses in prevailing market strategies and underscoring the importance for investors to remain vigilant against similar financial risks ahead.
Kospi, Situational Awareness's crashes wer…
Crypto Update: Agentic Trading Activity Climbs, Exchanges Retain Revenue Edge
August 3, 2026, 4:51 AM EDT.Cryptocurrency trading started as Nasdaq premarket listed Bitcoin at $62,419 (-1.6%) and Ether at $1,841 (-1.8%), while the total market cap hovered at $2.15 trillion. Robinhood Markets disclosed almost 100,000 agentic trading accounts managing upwards of $100 million in assets, accounting for roughly 0.03% of assets on its platform. According to Coinbase, 97% of onchain agent transactions utilize x402 and 90% of stablecoin volume occurs on Base, though agent revenue figures were not provided. Despite greater agent trading, exchanges continue to clearly dominate in revenue.
Rapid AI Agent Expansion in Crypto, Exchan…
Social Security COLA for 2027 Seen Rising 3.8%, Lifting Benefits by $63 Billion as Medicare Premiums Climb
August 3, 2026, 4:50 AM EDT. The Social Security Cost-of-Living Adjustment (COLA) for 2027 is expected to rise 3.8%, which would raise annual benefits by about $63 billion. This would mean a $79.21 monthly boost for the average retired worker before any Medicare reductions. Still, an increase of $6.60 in the monthly Part B premium is set to absorb 8.3% of that gain. The COLA estimate uses June 2026 figures from The Senior Citizens League and is still an early forecast.
Social Security COLA 2027 Set for 3.8% Inc…
Bitcoin Slips Under $63,000 After Coldcard Wallet Breach Despite Upbeat Market Mood
August 3, 2026, 4:38 AM EDT. Bitcoin traded under $63,000 even as easing oil prices, lower Treasury yields, and gains in stock futures signaled positive market sentiment. The drop follows a significant Coldcard hardware wallet hack, resulting in a loss of 1,367 BTC (around $89 million) affecting 4,585 addresses. Ether funds recorded inflows, contrasting with outflows from bitcoin funds and pointing to rare market shifts.
Bitcoin slips under $63,000 despite Iran d…
AstraZeneca sinks 7% after $400 billion merger discussions with Bristol Myers Squibb emerge
August 3, 2026, 4:37 AM EDT.AstraZeneca shares fell 7% after news broke of potential merger discussions with U.S.-based Bristol Myers Squibb. The proposed transaction, which could be worth $400 billion, would form a major pharmaceutical player. AstraZeneca holds a $264 billion market value, while Bristol Myers is valued at $133 billion. Analysts voiced surprise in light of AstraZeneca’s robust growth and its reputation for innovation. The merger seeks to boost its U.S. footprint and create a leading oncology firm, raising the possibility of antitrust challenges.
AstraZeneca shares drop 7% after report on…
FTSE 100 Volatile; Energy Shares Fall on Oil Price Drop, AstraZeneca Weakens
August 3, 2026, 4:36 AM EDT. London’s FTSE 100 was volatile, pressured by a drop in oil prices that hit energy shares, while AstraZeneca shares declined as well, leaving the market with mixed performance.
FTSE 100 today: Stocks volatile as oil slu…
Bitcoin ETFs Register $265M Outflows as Price Falls Below $63K
August 3, 2026, 4:35 AM EDT. US spot Bitcoin ETFs recorded $265.4 million in net outflows during a single session, as Bitcoin declined to $62,319. BlackRock’s IBIT led withdrawals with $122.7M moving out. The shift halted a prior day of inflows, underscoring delicate institutional sentiment amid wider macroeconomic and geopolitical pressures. This movement spurred long liquidations and increased volatility, placing the $62,000-$63,000 range as key support for Bitcoin.
Bitcoin ETFs Shed $265M in a Day as BTC Si…
Is the Stock Market Really Expensive?
August 3, 2026, 4:23 AM EDT. While many investors interpret a higher price/earnings ratio as a warning sign, it can also reflect stronger profitability among companies. This perspective questions the widespread belief that an increasing P/E ratio always means the market is overvalued.
Who Says the Stock Market Is Overpriced?
India Mulls Scrapping Transmission Fees to Spur Renewable Investments
August 3, 2026, 4:22 AM EDT. India is considering waiving transmission fees for solar and wind projects facing delays due to grid constraints, offering relief to developers with power offtake deals valid for seven years signed through the end of 2026. Battery storage projects could also be included, pending a proposal by the Central Electricity Regulatory Commission. India’s clean energy drive targets 500 GW of non-fossil fuel capacity by 2030, with solar currently making up 29% and set to climb from 162 GW to 292 GW. The sector faces hurdles such as grid congestion and falling imports from China.
India Moves to Rescue Renewable Energy Pro…
Markets Live: Diplomatic Shift Offers Relief as Oil Prices Pull Back
August 3, 2026, 4:21 AM EDT. Real-time coverage of markets, leading finance, economics, and business news. Updates focus on developments in oil prices along with performance snapshots for the Dow, S&P 500, and Nasdaq.
Stock Market Today: Return to Diplomacy Br…
Burberry Shares Rebound, Public Storage Lifts Outlook, LSEG Target Trimmed, Cardano Rallies – August 3, 2026
August 3, 2026, 4:20 AM EDT.Burberry Group stock rebounded, climbing 5% after Q1 2026 retail growth initially sparked volatility. Public Storage (PSA) lifted its 2026 guidance, pushing shares up 2.12% and extending year-to-date gains to 25.43%. London Stock Exchange Group (LSEG) had its target reduced to 10,400 GBp and held at neutral by Rothschild & Co Redburn. Cardano (ADA) jumped 11% over the week, leading Bitcoin and Dogecoin on strong whale buying activity.
Stock Market Today: Live Updates 03.08.202…
Burberry Group Faces FTSE 100 Recovery Hurdles; Q1 2026 Shows Retail Growth
August 3, 2026, 4:08 AM EDT. Burberry Group LSE:BRBY shares remained unchanged over two years as the luxury sector felt the effects of inflation and higher interest rates after the pandemic. The company posted a £3m operating loss in FY25 and paused its dividend, but this recovered to a £115m profit in FY26. Retail revenue for Q1 2026 increased 5%, with all divisions reporting sales gains; the Americas rose 12% and Greater China climbed 9%. Shares initially fell 6.4% after the results, then recovered 15% following Frasers Group’s disclosure of a 4.16% stake.
Why is it taking so long for this FTSE 100…
Public Storage (PSA) Lifts 2026 Outlook Citing Higher Occupancy and Portfolio Expansions
August 3, 2026, 4:07 AM EDT. Public Storage (PSA) boosted its 2026 outlook, citing higher occupancy and move-in rents following transactions with National Storage Affiliates and Public Storage Canada. Shares finished at $324.17, up 2.12% on the day, bringing the year-to-date gain to 25.43%. Analysts estimate PSA is 2.8% undervalued compared to a fair value of $333.53, highlighting its low-cost capital access and broader growth prospects.
Public Storage (PSA) Raises 2026 Guidance,…
London Stock Exchange Group (LSE:LSEG) Target Cut After Neutral Call From Rothschild & Co Redburn
August 3, 2026, 4:06 AM EDT. Rothschild & Co Redburn lowered its price target for London Stock Exchange Group to 10,400 GBp, maintaining a neutral stance. The fair value estimate drops to £120.73 from £122.85, factoring in modest increases in revenue and profit margins (6.33% and 18.87%), and a reduced forward P/E multiple of 29.24x. Analysts see robust data asset quality, but express concern over terminal exposure weighing on growth prospects.
London Stock Exchange Group (LSE:LSEG) Sto…
Cardano Jumps 11% in One Week, Tops Bitcoin and Dogecoin Gains
August 3, 2026, 4:05 AM EDT. Cardano (ADA) climbed almost 11% over the past week, reaching a one-month high and leading gains among major cryptocurrencies. Bitcoin flatlined while Dogecoin posted losses. Large investors, or whales, bolstered holdings, lifting ADA’s balance to 14.55 billion tokens as of July 31. ADA futures open interest also grew by 26% to $500 million. ADA changed hands at $0.1839, down 1.60% over 24 hours, but stayed positive week-on-week.
Cardano Tops Weekly Crypto Gainer Charts a…
How to Make £1,000 Work in Dividend Stocks for Extra Income
August 3, 2026, 4:04 AM EDT. Putting £1,000 into dividend stocks can create a valuable additional income stream, especially as the cost-of-living crisis persists into 2026. Prioritise businesses with robust free cash flow over simply chasing the highest yields. Safestore Holdings (LSE:SAFE), the UK’s top self-storage provider, stands out for steady cash generation and increasing dividends, though investors should note risks linked to rising finance expenses and possible declines in occupancy.
