Twilio shares surged more than 23% after the cloud communications company posted better-than-expected second-quarter results and raised its full-year guidance. A series of Wall Street firms lifted their price targets, with the highest raised to $275, while keeping positive ratings. The moves reflect growing confidence in Twilio’s growth outlook, including its Communications Platform-as-a-Service (CPaaS) business.

U.S. nonfarm payrolls unexpectedly fell by 23,000 in April, a sign the labor market is cooling and easing inflation pressure, which has tempered expectations for further Fed rate hikes. U.S. stocks were mostly higher in early Friday trading, with the S&P 500 up 0.4% and the Nasdaq up 1.1%, while the Dow slipped 0.1%. The 10-year Treasury yield fell to 4.60%. Brent crude edged lower.

U.S. nonfarm payrolls fell by 23,000 in July, far below expectations for an 80,000 increase, while the unemployment rate edged down to 4.1% and average annual earnings rose 3.2%. The data raised doubts about a Federal Reserve interest-rate hike in September, with markets leaning toward a pause, according to a Labor Department report. U.S. stock index futures advanced ahead of the open, led by technology shares as Atlassian and Microchip Technology gained. Solar stocks including First Solar and SolarEdge also rose after President Trump imposed tariffs on polysilicon products.

Bridge, Stripe’s stablecoin infrastructure subsidiary, has been added to ESMA’s European cryptoasset register after receiving a MiCA CryptoAsset Service Provider authorization and an Electronic Money Institution license in Luxembourg. Under the EU’s passporting framework, the approvals allow Bridge to operate across all 27 member states. Stripe bought Bridge in 2024 for $1.1 billion, and the licensing marks a move to fully regulated stablecoin operations in Europe.

Chainlink has joined Hong Kong’s Tokenized Securities Framework (TSF) alongside FORMS HK, Apex Group, CSpro and Cyberport, using CCIP and an automated compliance engine to support tokenized securities across their lifecycle. The framework is designed to enable compliant issuance, settlement and cross-chain movement of tokenized securities under existing rules. Separately, BitGo migrated more than $7.7 billion of WBTC to CCIP, pushing total value moved through CCIP above $16 billion, according to the summary provided.

Maximus said it expects FY2026 adjusted EPS of $7.90$8.20. The company said a pause in VA incentives reduced its outlook by about ~$0.35. The guidance was issued on Aug 7, 2026 and reflects the direct impact of the policy change on performance.

U.S. stock futures edged higher on Friday as investors awaited the U.S. employment report. Strong earnings from tech companies lifted sentiment, with Atlassian up 31.6% in premarket trading and Microchip Technology rising 8.9%. The S&P 500 and the Dow were set for their best weekly performance since April, while the Nasdaq was on track for its biggest weekly gain since May. The government also raised tariffs on polysilicon to support domestic industry.

Ford is rolling out the Fathom, a new electric pickup priced at $28,350, after spending more than $5 billion on development. The model was initially priced at $40,000 before rising to nearly $60,000, and the federal tax credit has been eliminated. A rival pickup starts at $28,145 and sold about 155,000 units last year.