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Fri, Aug 07, 2026EDT24 on this page

US media: Trump moves to remove Fed Governor Cook for 'gross dereliction of duty'

It is reported that the Trump administration has formally initiated proceedings to remove Federal Reserve Governor Cook, citing 'gross dereliction of duty.' This move could affect the Fed's independence and policy-making.

Bessent: Strait of Hormuz to Lose Importance · Bessent stated that the Strait of Hormuz will lose its importance. This view could affect global energy transport patterns.

Aoshikang: AMD Cooperation in Sampling Stage, No Orders with Nvidia or Google

Aoshikang stated that its cooperation with AMD is still in the sampling stage, and it has not engaged in order cooperation with Nvidia or Google. This indicates early-stage collaboration in high-end chip sector, with limited market impact.

SpaceX(SPCX.O) shares continue to rise, intraday gain expands to over 11%. · SpaceX shares continued to climb during the trading session, with gains exceeding 11%. The move reflects positive market sentiment following recent company developments.

Hassett: Job growth 10 ten-thousand after excluding government employees and World Cup effects

White House NEC Director Hassett said that after excluding government employees and World Cup effects, job growth was 10 ten-thousand. This figure reflects employment in the non-government sector and may influence market assessments of economic trends.

7 Nonfarm Payrolls Shock, Nasdaq Opens Higher 0.74% · U.S. nonfarm payrolls came in well below expectations, raising concerns about an economic slowdown. The Nasdaq opened higher as investors anticipate the Fed may slow its rate hikes.

US Nonfarm Payrolls Unexpectedly Negative, Unemployment Rate Falls Further

The latest US nonfarm payrolls unexpectedly turned negative, while the unemployment rate declined further. This contradictory picture may reflect labor market complexities, affecting economic outlook and policy expectations.

US Nonfarm Payrolls Unexpectedly Cool, Unemployment Falls to 4.1%

The latest US nonfarm payrolls data unexpectedly came in well below expectations, indicating a cooling labor market. Despite slower job growth, the unemployment rate fell to 4.1%, showing resilience. This could influence the Fed's future policy decisions.

US Employment Unexpectedly Contracts in 7, Fed Faces Policy Dilemma · US employment unexpectedly contracted, posing a challenge for the Fed's monetary policy decisions. This change could affect the path of future interest rate adjustments.

Weak Nonfarm Payrolls for 7 Month Send U.S. Treasury Prices Soaring.

The latest nonfarm payrolls data came in weak, raising concerns about the economic outlook and prompting investors to flock to U.S. Treasuries, driving prices sharply higher. This could influence the Fed's future monetary policy decisions.

Fed Rate Hike Bets Diminish · Market expectations for Fed rate hikes have decreased, potentially influencing future monetary policy. Investors should watch economic data changes.

US Nonfarm Payrolls for 5 and 6 Revised Down by 10.3 Ten-Thousand

The US Labor Department reported that nonfarm payrolls for 5 and 6 were revised down by a combined 10.3 ten-thousand. This revision suggests the job market may be weaker than previously thought, potentially affecting market expectations for economic outlook.

US Nonfarm Payrolls Unexpectedly Fall in 7 · US employment data unexpectedly declined, raising concerns about the economic outlook. The data could influence the Federal Reserve's monetary policy decisions.

US 7 Nonfarm Payrolls -2.3 Ten-Thousand, Expected 8 Ten-Thousand, Prior Revised to 2 Ten-Thousand

US 7 seasonally adjusted nonfarm payrolls fell by 2.3 ten-thousand, below the expected 8 ten-thousand, with the prior figure revised from 5.7 ten-thousand to 2 ten-thousand. The data indicates a weakening labor market, which may influence Fed policy expectations.

MCHP: Morgan Stanley Raises Microchip Technology Price Target

Morgan Stanley raised its price target for Microchip Technology from 94.00 USD to 103.00 USD. This adjustment reflects a positive outlook on the company's future performance. Investors may watch for potential impacts on the stock price.

AMD Stock Tumbles Because of SpaceX · The chipmaker posted record revenue, more than doubled its data center sales, and raised its outlook above what Wall Street expected. However, shares fell due to SpaceX-related news.

WDC: Bernstein Raises Western Digital Price Target to $770 · Bernstein raised its price target for Western Digital from $590 to $770. This adjustment reflects a positive outlook on the company.

SPCX: Bernstein Raises SpaceX Price Target · Bernstein raised its price target for SpaceX from 239 USD to 248 USD. The adjustment reflects a positive outlook on the company.

Trump: AI More Important Than Oil, Winner Takes All · US President Trump said AI could be more important than oil, and whoever wins AI wins everything. This highlights the strategic importance of AI.

Trump: Fed Rate Decisions Not Entirely Up to Warsh · Trump stated that the Fed's rate decisions are not entirely up to Warsh. This comment hints at the complexity of the Fed's internal decision-making. Markets are watching the Fed's future policy direction.

NVDA: Nvidia Denies Accelerating Telecom Market Entry and Cooperation with Chinese Base Station Makers

Nvidia denied reports of accelerating entry into the telecom operator market and seeking cooperation with Chinese base station manufacturers. The denial clarifies market rumors, indicating that the company's current strategy may not involve such partnerships.

Nonfarm Payrolls Due Tonight at Eight-Thirty; Gold at Turning Point? · The U.S. nonfarm payrolls report is due tonight, with markets watching its impact on gold prices. Investors expect potential volatility, but the direction remains uncertain.

Jin10 Compilation: Institutional Outlook for US 7-Month Seasonally Adjusted Nonfarm Payrolls (Prior: +5.7 Ten-Thousand)

Several institutions have released forecasts for US seasonally adjusted nonfarm payrolls for 7 month, with the prior reading showing an increase of 5.7 ten-thousand. This data is a key gauge of US labor market health and could influence Federal Reserve policy decisions. Markets will closely watch the deviation between actual data and expectations.

Meta Owes 942M to New Mexico After Judge Rules in Social Media Case; Zuckerberg Promises Appeal

In the second phase of New Mexico's social media lawsuit against Meta, a judge imposed a penalty in the hundreds of millions of dollars and placed significant restrictions on the company's practices regarding children. Zuckerberg has promised to appeal.

Thu, Aug 06, 2026EDT1 on this page

AppLovin Corp (APP) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic Expansion · AppLovin Corp reported record revenue during its earnings call and outlined strategic expansion plans. The results reflect strong financial performance and growth momentum.

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