Good morning, you're listening to Markets Desk.
Standard Chartered is giving investors something to cheer about today. The British lender posted stronger second-quarter profit, driven by higher net interest income, and followed that up by raising its full-year two thousand twenty-six income guidance and announcing a one billion dollar share buyback. The stock is moving higher on the news.
Shifting to the crypto space, Coinbase and Robinhood are heading into second-quarter earnings this week with their rivalry sharper than ever. Robinhood has been aggressively pushing into crypto, while Coinbase has repositioned itself as an everything exchange spanning equities and beyond. Analysts are already calling Coinbase the industry's first hyperscaler, a label that carries serious weight heading into the print.
And Palantir reports on August third, and the setup is complicated. The data analytics firm has been growing rapidly, but its valuation remains one of the most stretched in the market. Investors will be watching closely to see whether the pace of growth is enough to justify a multiple that leaves very little room for disappointment.
That's the tape. Markets Desk, signing off the floor.
