Nasdaq Surges 1%; Uber Sales Top Estimates

Benzinga
2025.08.06 17:38
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U.S. stocks rose, with the Nasdaq up 1% and Uber reporting strong Q2 results, exceeding revenue estimates at $12.65 billion. Astera Labs shares surged 31% after positive guidance, while Fractyl Health dropped 47% due to a public offering announcement. Oil prices fell slightly, and Asian markets mostly closed higher. Mortgage applications increased by 3.1%, while U.S. crude oil inventories declined more than expected.