US Pre-Market TL;DR 5 in Five: On August 28, global equities were… — Smartkarma TL;DR (Beta) — TG.ME

US Pre-Market TL;DR 5 in Five: On August 28, global equities were generally higher, with US markets mixed ahead of the Fed Chairman's Jackson Hole speech. Key economic data included Canada's Q2 GDP growth, improved Eurozone services sentiment, stable German unemployment, and rising inflation in France and Japan, signaling persistent global inflationary pressures. 1️⃣ MRVL: -7.5% Marvell Technology Inc stock declined in pre-market trading due to margin compression concerns and revenue timing uncertainties, despite beating second-quarter earnings estimates. 2️⃣ KZIA: -8.5% Kazia Therapeutics Ltd shares dropped after announcing a public offering of American Depositary Shares to raise capital for clinical development. 3️⃣ PYPL: -14.4% PayPal Holdings Inc shares fell sharply after reports emerged that potential acquirers had abandoned their pursuit of a buyout. 4️⃣ AFRM: +12.4% Affirm Holdings Inc experienced a notable price increase following robust fiscal Q4 earnings and subsequent price target upgrades from multiple major analysts. 5️⃣ ESTC: +22.8% Elastic NV shares traded sharply higher after beating Q1 earnings expectations, raising its fiscal year guidance, and receiving several price target increases from analysts. — ✨ Share this link to invite friends: on.skr.ma/jointldr 👉🏻 Insights about to go viral: on.skr.ma/viral