Business & Markets — August 8, 2026

SpaceX stock posts one of its best days. SpaceX shares surged after a Q2 revenue beat — one of the newly public company’s best days ever. Its first insider lockup expiration passed without heavy selling.

MarketWatch · Read more ↗

Nintendo profit rises 53%. Nintendo reported a 53% jump in quarterly profit, fueled largely by a U.S. tariff refund, even as sales for the quarter declined.

The Guardian · Read more ↗

Rockstar founder pushes to oust Celsius CEO. Russ Savage has built a roughly 4.7% stake in Celsius Holdings — worth about $300 million — and is publicly campaigning to fire CEO John Fieldly. The board says it still backs him.

Inc. · Read more ↗

White House renews bid to remove Fed’s Lisa Cook. The administration sent Cook a letter Friday giving her 21 days to respond to mortgage-fraud allegations, two months after the Supreme Court blocked its first removal attempt.

Axios characterizes the removal push as unprecedented. According to the notification, President Trump is weighing whether to dismiss Cook over the allegations, and Friday’s letter formally restarts a process the courts had halted. Cook’s reply within the 21-day window is the next procedural step before the administration decides whether to proceed with any dismissal.

Axios · Read more ↗