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Oil prices settle 5% lower after claims of progress in US-Iran talks

Oil prices settle 5% lower after claims of progress in US-Iran talks

By Shariq Khan NEW YORK, Aug 4 (Reuters) - Oil prices fell more than 5% and settled at a three-week low on Tuesday after comments by Qatari and U.S. officials raised hopes for a diplomatic resolution to the Iran war, which could improve oil flows through the Strait of Hormuz.
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US dollar to retain strength, yen intervention no game changer: Reuters poll

US dollar to retain strength, yen intervention no game changer: Reuters poll

By Sarupya Ganguly BENGALURU, Aug 5 (Reuters) - The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in the early 1990s.
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US dollar to retain strength, yen intervention no game changer

US dollar to retain strength, yen intervention no game changer

By Sarupya Ganguly BENGALURU, Aug 5 (Reuters) - The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in the early 1990s.
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Snap beats revenue estimates on ad boost from World Cup, shares jump

Snap beats revenue estimates on ad boost from World Cup, shares jump

Aug 3 (Reuters) - Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9% in extended trading.
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Snap beats revenue estimates on ad boost from World Cup

Snap beats revenue estimates on ad boost from World Cup

Aug 3 (Reuters) - Snap beat Wall Street estimate for second-quarter revenue on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America. The social media company's shares jumped 9% in extended trading.
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Nasdaq futures underpinned by strong AI forecasts; focus on earnings, data

Nasdaq futures underpinned by strong AI forecasts; focus on earnings, data

Aug 4 (Reuters) - Nasdaq futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings were also in focus to gauge the health of corporate America.
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Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.
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Palantir lifts annual revenue forecast as data analytics spending booms

Palantir lifts annual revenue forecast as data analytics spending booms

Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients, sending its shares up 8% in extended trading.
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Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients. Shares of the company rose 8% in extending trading.
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Caterpillar raises 2026 revenue growth target after quarterly profit beat

Caterpillar raises 2026 revenue growth target after quarterly profit beat

Aug 4 (Reuters) - Caterpillar raised its revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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LATAM Airlines lifts 2026 earnings outlook as fuel price pressure eases

LATAM Airlines lifts 2026 earnings outlook as fuel price pressure eases

By Gabriel Araujo and Kylie Madry SAO PAULO, Aug 4 (Reuters) - LATAM Airlines raised its full-year core earnings forecast on Tuesday after improving fuel price expectations, while saying its business model had proven resilient amid the oil shock linked to the U.S.-Israeli war on Iran.
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Wall St futures edge up on Mideast deal hopes; healthcare in focus

Wall St futures edge up on Mideast deal hopes; healthcare in focus

Aug 3 (Reuters) - U.S. stock index futures edged higher on Monday as signs of de-escalating tensions in the Middle East weighed on crude prices, while investors prepared for another week packed with earnings and economic data.