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Finance News — Page 104

KOSPI Enters Bear Market After 122% YTD Peak

KOSPI Enters Bear Market After 122% YTD Peak

South Korea's KOSPI index has officially entered bear market territory, plunging 22% from its June 19 peak after a near-quadrupling rally, with semiconductor heavyweights Samsung and SK Hynix driving

MarketWatch · 1mo ago
Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes

Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes

Crypto and equity markets tumbled after President Trump declared the Iran ceasefire 'over' following US airstrikes on IRGC boats and Iranian retaliatory attacks, with Bitcoin sliding to $62,000 and ov

CoinDesk · 1mo ago
Kospi Drops 2%+ as Foreigners Flee Korean Chips Into China

Kospi Drops 2%+ as Foreigners Flee Korean Chips Into China

A sharp market rotation is driving foreign capital out of Korean equities — especially chip stocks — and into Chinese markets, pushing the Kospi down more than 2% in early trade.

Google News Business · 1mo ago
Bitcoin under pressure as U.S.-Iran escalation lifts oil

Bitcoin under pressure as U.S.-Iran escalation lifts oil

Major cryptocurrencies extended losses as renewed U.S.-Iran airstrikes pushed oil higher and revived fears of inflation-driven interest rate hikes weighing on risk assets.

CoinDesk · 1mo ago
Strike launches ‘volatility-proof’ Bitcoin loans amid bear market, but at a cost

Strike launches ‘volatility-proof’ Bitcoin loans amid bear market, but at a cost

Strike rolled out Bitcoin-backed loans engineered to avoid forced liquidation during price crashes, but the trade-off is a higher interest rate of up to 14.2% APR and a 10-day grace period after which

Cointelegraph · 1mo ago
Dow Jones Futures: Oil Rises On Iran, Samsung Sparks AI Sell-Off

Dow Jones Futures: Oil Rises On Iran, Samsung Sparks AI Sell-Off

US stocks fell across major indices as Samsung's earnings and DeepSeek news sparked an AI-driven chip sell-off, while oil prices climbed on Iran-related developments and Amazon issued AI bonds.

Google News Business · 1mo ago
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Samsung, SK Hynix Slide Up to 7.6% After Samsung's Record Profit Triggers Global Chip Selloff

Samsung and SK Hynix shares reversed early gains to plunge as much as 7.6% and 5.2% respectively on Wednesday, extending a global chip selloff sparked by Samsung's record preliminary quarterly profit

Google News Business · 1mo ago
SpaceX Falls 7% Below IPO Price as All Banks Stay Bullish

SpaceX Falls 7% Below IPO Price as All Banks Stay Bullish

SpaceX stock closed below $150 for the first time since its June 12, 2026 IPO, with a flood of buy ratings from the very banks that underwrote the offering now testing whether the market shares their

Google News Business · 1mo ago
Webull, Robinhood Launch Crypto Trading in Canada

Webull, Robinhood Launch Crypto Trading in Canada

Webull Canada and Robinhood both launched cryptocurrency trading services in Canada at the end of June, betting on user demand even as investor advocates warn that broader access could expose Canadian

Globe and Mail Business · 1mo ago
Oil Surges 5% as U.S. Revokes Iran Sanctions Waiver

Oil Surges 5% as U.S. Revokes Iran Sanctions Waiver

Oil prices surged more than 5 percent on Tuesday after the U.S. revoked its sanctions waiver on Iranian oil, following strikes on three commercial vessels near the Strait of Hormuz.

The Hill · 1mo ago
Samsung Earnings Hit Chips, Megacap Tech Rebounds

Samsung Earnings Hit Chips, Megacap Tech Rebounds

Jim Cramer said Samsung's 'superb but not superb enough' earnings sparked a memory-chip selloff and triggered a sharp rotation into previously lagging megacap tech names like Amazon, Alphabet, Meta, a

CNBC · 1mo ago
Small individual investors own about 10% of housing stock in Ontario and B.C., study finds

Small individual investors own about 10% of housing stock in Ontario and B.C., study finds

A Statistics Canada study finds that small 'mom-and-pop' investors own roughly 10% of the housing stock in Ontario and British Columbia, and over half of the rental inventory in both provinces, outpac

Globe and Mail Business · 1mo ago
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SpaceX Drops Below IPO Price in Nasdaq-100 Debut

SpaceX shares fell below their IPO price on debut as a Nasdaq-100 component, even as Wall Street analysts piled on with bullish ratings and at least one bull projecting a valuation above $10 trillion.

Google News Business · 1mo ago
Oracle: Strong Buy With $638B Backlog

Oracle: Strong Buy With $638B Backlog

A Seeking Alpha analyst rates Oracle a Strong Buy, arguing the post-September selloff from $328 overlooks a $638 billion contracted backlog, 31% revenue CAGR guidance through 2030, and a Nvidia-backed

Google News Business · 1mo ago
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Vertex Pharma Makes A $10 Billion Deal; Crinetics Stock Doubles - Investor's Business Daily

Vertex Pharmaceuticals announced a $10 billion acquisition of Crinetics Pharmaceuticals, sending Crinetics' stock to double-digit gains as the deal reflects a broader surge in biotech M&A activity.

Google News Business · 1mo ago
James Carville Mocks Investors Who Lost Big On Trump Crypto Coin: ‘You're Too Stupid’ - HuffPost

James Carville Mocks Investors Who Lost Big On Trump Crypto Coin: ‘You're Too Stupid’ - HuffPost

James Carville Mocks Investors Who Lost Big On Trump Crypto Coin: ‘You're Too Stupid’  HuffPostNearly a Million Investor...

Google News Business · 1mo ago
Nearly 1M Trump Memecoin Buyers Lost $3.8B

Nearly 1M Trump Memecoin Buyers Lost $3.8B

Nearly 1 million wallets lost $3.81 billion on the $TRUMP memecoin by the end of June, while President Trump's financial disclosures showed $636 million in earnings from the token and $1.4 billion in

Google News Business · 1mo ago
Samsung's 1,800% Profit Surge Spooks AI Chip Investors

Samsung's 1,800% Profit Surge Spooks AI Chip Investors

Samsung's 1,800% profit surge spooked investors worried about AI spending, dragging chip stocks and reigniting debate over whether the broader tech selloff is a bubble popping or routine fatigue.

Google News Business · 1mo ago
Samsung Drops 8%, Chip Stocks Dump Despite Record Profit

Samsung Drops 8%, Chip Stocks Dump Despite Record Profit

Samsung shares fell 8% despite quarterly profit surpassing both Nvidia and Apple, dragging the broader semiconductor sector lower as Wall Street judged the results insufficient for AI-driven demand ex

Google News Business · 1mo ago
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June

SpaceX IPO powers record $3.86 billion in tokenized equities trading in June

On-chain tokenized equity trading surged 145% in June to a record $3.86 billion, driven primarily by demand for blockchain-based SpaceX shares following the company's $75 billion IPO.

CoinDesk · 1mo ago

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