August 28, 2025 - Stonks Gone Wrong Market Update

August 28, 2025: Marvell’s shares decline following disappointing earnings amid AI market expectations. In contrast, Virgin Australia reports a strong annual profit, citing steady demand. Federal Reserve's Waller supports a series of interest-rate cuts over the next six months, while China's efforts to strengthen the yuan reflect growing economic optimism. Japanese stocks are predicted to continue their record rally due to a recent trade deal. Additionally, Affirm sees a profitable turnaround, driven by consumer interest in 0% APR loans. Powered by LabCat AI research tools.