August 6, 2025

Bullish Targets $4.2 Billion Valuation with Major IPO on NYSE

Bullish, a cryptocurrency exchange backed by Peter Thiel, plans to debut on the NYSE with a $4.2 billion valuation, aiming to raise $629 million. Amidst a recovering crypto market, this IPO marks a significant moment for digital assets and could set the stage for more crypto IPOs in the future.

August 6, 2025

Hims & Hers Stock Plummets 11% After Q2 Earnings Reveal Revenue Decline

Hims & Hers Health saw its stock drop over 11% following Q2 earnings, with revenue increasing 73% year-over-year but missing Wall Street expectations. Concerns arise from the first-ever sequential revenue decline and pressures in the booming GLP-1 obesity treatment market.

August 6, 2025

Punjab CM Proposes Chenab Water Utilization Over SYL Canal

Punjab Chief Minister Bhagwant Mann urges the Centre to utilize Chenab River waters for irrigation and drop the controversial SYL canal project to address a water-sharing dispute with Haryana, highlighting the depletion of groundwater in Punjab.

August 6, 2025

US Economy Faces Recession Threats in 2025, Warns Economist

The US economy may be at risk of recession as consumer spending stagnates and key sectors contract. Mark Zandi, chief economist at Moody's Analytics, identifies concerning trends, including lower labor force participation and rising challenges in hiring, indicating that economic growth may stall significantly in the near future.

August 5, 2025

Economic Outlook: Moderate Tariff Impact and Expected Recovery

Pankaj Murarka of Renaissance Investment Managers believes the impact of tariffs on the economy will be moderate. He forecasts a 12-13% CAGR return, particularly in the financial and consumer sectors, with a focus on internet companies growing at 25-30%. Murarka anticipates earnings to stabilize and improve in the second half of the year.