AeroVironment Inc. (AVAV) shares rose 4% in premarket trading on Thursday after the US Department of War awarded the defense contractor a $500 million contract for counter-unmanned aerial systems. The Simi Valley, California-based company received a firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. According to the Department of
The US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined a notch. Data released by the Labor Department on Thursday showed nonfarm payrolls increased by 57,000 in June, less than half the 115,000 jobs forecast
Bitget has published CEO Gracy Chen’s mid-year address, outlining the company’s long-term vision for a more connected financial system powered by tokenization, artificial intelligence, and universal market access. The leadership’s insights come as trading behavior continues to evolve beyond crypto alone. During the first half of 2026, the platform witnessed a shift: about 52% of
US stocks moved higher on Thursday after a weaker-than-expected June employment report tempered expectations for further Federal Reserve interest rate hikes, while investors continued to assess the outlook for inflation and economic growth. The Dow Jones Industrial Average gained 256 points, or 0.49%. The S&P 500 rose 0.39%, while Nasdaq Composite added 0.24%. The closely
Bitget, the world’s largest Universal Exchange (UEX), has launched US stock options, giving users direct access to trade options on leading US-listed companies. This makes Bitget the only major crypto exchange currently offering US stock options alongside crypto and CFD markets covering gold, forex, commodities, and indices. Active features include long call and long put
Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market. The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday. The result came in well above analyst expectations. FactSet
Nike shares fell 4% in premarket trading on Wednesday after the sportswear giant’s latest quarterly results failed to convince investors that its turnaround under Chief Executive Officer Elliott Hill is gathering pace. Although Nike topped Wall Street expectations for both earnings and revenue, a cautious outlook for the coming quarters, persistent weakness in China and
July has a strong track record for US equities, and investors are entering the month with four familiar names back in focus. The S&P 500 has historically posted its best average monthly gain in July, while technology-heavy indexes have often benefited from early-month momentum before earnings season takes over. That does not make a rally
US equity futures began the new quarter with a more guarded tone, even after Wall Street ended June on a strong note. The problem is not just geopolitics, though the stalled US-Iran diplomacy in Doha is keeping traders alert. The bigger issue is that the macro backdrop is becoming less friendly. A resilient labour market,
The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month’s high of 16.67. SARB may hike interest rates