Germany’s composite PMI reached 51.2 in July, marking its first expansion in four months as manufacturing activity strengthened. Germany’s composite PMI climbed to 51.2 in July from 49.5 in June, surpassing the 50 threshold that signals expansion. The increase marks the fi
Sallie Mae adjusts its 2026 charge-off guidance downward as part of a broader recovery strategy shift. SLM Corporation narrowed its net charge-off guidance for Q2 2026 to a range of $365M to $385M. The adjustment reflects a strategic shift in its recovery efforts following
Wise Group shares fell over 10% after regulators rejected its application to operate as a U.S. national trust bank. The U.S. Office of the Comptroller of the Currency rejected Wise Group's application to become a national trust bank, halting its U.S. banking ambitions. The
Bitcoin holds near $65,400 while Dogecoin and ether lead modest declines after a strong weekly rally. Cryptocurrencies saw modest declines Friday, with Dogecoin and ether dropping 4.5% and 2.5%, respectively, as the market consolidated gains from a strong week. Bitcoin fel
Stagflation fears and weak Tesla and Alphabet earnings drive the Mag 7 index to its largest daily drop since 2025. The S&P 500 and Nasdaq fell 1.21% and 2.15%, respectively, as surging oil prices and stagflation concerns weighed on risk assets. Tesla and Alphabet plunged 1
The coconut water maker projects adjusted EBITDA of $154M-$161M following its latest acquisition in the premium segment. Vita Coco forecasts net sales of $790M-$805M and adjusted EBITDA of $154M-$161M for Q2 2026. The outlook follows the acquisition of Copra Inc., a premiu
Provisional data shows the EU's renewable energy consumption reached a record 26.2% in 2025, driven by growth in Central and Eastern Europe. The European Union’s share of energy from renewable sources in gross final consumption reached 26.2% in 2025, provisional data shows
July data shows Japan's private sector growth accelerated, driven by manufacturing resilience and rising new orders. Japan’s Composite PMI climbed to 53.1 in July from 52.8 in June, marking its highest level since February and extending a 16-month growth streak. The increa
MAMK faces delisting following an SEC trading halt and Nasdaq's determination of susceptibility to price manipulation. MaxsMaking (MAMK) received a delisting determination from Nasdaq staff after the SEC imposed a temporary trading suspension on November 17, 2025. Nasdaq s
The biotech firm priced 8.58 million shares at $15.00 each, securing $128.7 million for CRISPR-based therapies. Scribe Therapeutics completed its initial public offering, selling 8.58 million shares at $15.00 per share, the upper end of its marketed range. The deal raised
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