Cupertino’s comeback kid: With iPhones doing the heavy lifting, Apple shrugs
off the gloom and posts a clean beat for Q3Apple has done it again, snatching another quarterly win from the…
In brief
Robinhood disclosed $989 million in second-quarter revenue.
Profits rose quarter-over-quarter to $386 million.
The company’s stock has more than doubled so far this year.
Robinhood posted a stronger-than-expected performance in the second…
Key Points:Joanne Hsu reports decline in U.S. inflation expectations.Inflation view drops from 6.6% to 5.1% in June.Market impact on crypto remains indirect; no immediate shifts noted.
Inflation expectations in the U.S.…
US jobs in May totaled 139,000 new positions, and this represents a job growth slowdown from April’s 177,000 additions while beating economist forecasts of around 125,000. The unemployment rate held…
Key Points:Goldman Sachs and Barclays expect Fed rate cuts no earlier than July 2025.Stronger-than-expected non-farm payrolls impact economic forecasts.Crypto markets may face volatility amid delayed rate cuts.
Goldman Sachs and Barclays…
Key Points:U.S. Bureau of Labor Statistics revises February-March job data lower.April jobs exceed expectations at 177,000 new positions.Crypto markets attentive to possible Federal Reserve policy changes.
On May 2, 2025, the…