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Finance News — Page 110

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S&P 500 Hits Record on Softer Inflation

The S&P 500 climbed to a record high as the latest inflation data came in softer than expected, with oil prices dropping and the Nasdaq also gaining ground in the same session.

Google News Business · 1mo ago
Cisco Networking Sales Surge on AI Demand. Why the Stock Is Down After Earnings. - Barron's

Cisco Networking Sales Surge on AI Demand. Why the Stock Is Down After Earnings. - Barron's

Cisco beat Q4 2026 earnings estimates with AI-driven networking sales surging and guidance coming in stronger than expected, yet shares dropped roughly 9% as margin concerns dominated the post-earning

Google News Business · 1mo ago
Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests

Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests

Bitcoin drifted to around $63,500 after July CPI landed exactly on forecasts — enough to calm rate-cut nerves but not enough to give crypto a reason to rally, leaving traders focused on Jackson Hole a

CoinDesk · 1mo ago
Kospi Enters Bull Market on AI Rally, Up 23% From July Low

Kospi Enters Bull Market on AI Rally, Up 23% From July Low

South Korea's Kospi surged into technical bull market territory on Thursday, driven by AI-fueled gains in chip heavyweights Samsung Electronics and SK Hynix that erased the index's late-July sell-off

CNBC · 1mo ago
Japan wholesale inflation eases slightly to 7.2%, undershooting expectations

Japan wholesale inflation eases slightly to 7.2%, undershooting expectations

Japan's wholesale inflation came in at 7.2% year-on-year in July, undershooting economist expectations of 7.4% as electricity gains were partly offset by declines in energy and chemicals prices.

CNBC · 1mo ago
Cerebras stock plunges 14% after second earnings report following IPO

Cerebras stock plunges 14% after second earnings report following IPO

Cerebras Systems, the AI chipmaker competing with Nvidia in fast-inference workloads, saw shares tumble roughly 14% in extended trading after posting its second quarterly report since its May IPO, eve

CNBC · 1mo ago
Securitize falls 20% after earnings miss as tokenization revenue falls short

Securitize falls 20% after earnings miss as tokenization revenue falls short

Securitize (SECZ) shares fell 20% in after-hours trading after the tokenization firm reported a Q2 loss far wider than expected and revenue that missed consensus by $6.2 million, despite record platfo

CoinDesk · 1mo ago
Zerohash's Trust Bank Application Returned by OCC

Zerohash's Trust Bank Application Returned by OCC

The OCC returned Zerohash's application for a national trust bank charter on July 17 as 'materially deficient,' and the crypto infrastructure provider said it plans to re-file with a narrower scope by

CoinDesk · 1mo ago
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Cisco forecasts annual revenue above estimates on sustained AI spending - reuters.com

Cisco posted an earnings beat and raised its annual revenue outlook above analyst estimates, crediting sustained AI demand — yet shares fell roughly 9%, dragging down the Dow.

Google News Business · 1mo ago
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Cisco Profit Jumps on AI Demand Despite Stock Drop

Cisco reports a sharp profit increase driven by surging AI-related demand, beating sales outlook expectations despite a drop in its stock price.

Google News Business · 1mo ago
Gold's Best Week Since January as Fed Hike Odds Collapse

Gold's Best Week Since January as Fed Hike Odds Collapse

Gold is staging its strongest rally since January as falling rate hike expectations, ambiguous comments from new Fed Chair Kevin Warsh, and relentless central bank buying converge — with the metal sti

CNBC · 1mo ago
Cisco Beats Estimates, Lifts Outlook on AI — Stock Drops

Cisco Beats Estimates, Lifts Outlook on AI — Stock Drops

Cisco posted Q4 earnings and revenue that beat Wall Street estimates and forecast annual revenue above consensus on sustained AI spending, but its stock still fell in the immediate reaction.

Google News Business · 1mo ago
Cisco's stock drops despite earnings, revenue beat

Cisco's stock drops despite earnings, revenue beat

Cisco beat Wall Street estimates on both earnings and revenue and issued guidance well above consensus, yet its shares fell in extended trading as investors digested the print.

CNBC · 1mo ago
Nasdaq Charges Higher on July CPI; CoreWeave Soars

Nasdaq Charges Higher on July CPI; CoreWeave Soars

Wall Street climbed near record highs after July's CPI showed consumer prices rose just 0.1% monthly and 3.4% annually, fueling a broad Nasdaq rally led by AI stocks and an outsized surge in Nvidia pa

Google News Business · 1mo ago
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CoreWeave and Nebius Group Deliver Earnings Shocker. Here's What It Signals About the Future of AI. - The Motley Fool

AI infrastructure stocks rallied sharply after CoreWeave and Nebius Group both posted earnings beats, with CoreWeave gaining 19% and Nebius surging 34% in post-earnings trading.

Google News Business · 1mo ago
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CoreWeave +19%, Nebius +34% as AI Infrastructure Stocks Surge

CoreWeave and Nebius Group posted strong earnings that exceeded expectations, sparking a broad rally in AI infrastructure stocks with CoreWeave gaining 19% and Nebius surging 34%.

Google News Business · 1mo ago
Here are five key takeaways from the July CPI inflation report

Here are five key takeaways from the July CPI inflation report

The July CPI report came in largely on target with core inflation at 2.5% annually, but the moderation is heavily energy-driven and faces upside risks from a recent 10% crude oil spike.

CNBC · 1mo ago
US inflation eases to 3.4% in July, Fed eyes rate hold

US inflation eases to 3.4% in July, Fed eyes rate hold

US consumer prices rose 3.4% over the year to July, slightly below June's 3.5%, with the monthly 0.1% gain driven mainly by housing costs. The reading gives the Federal Reserve room to hold rates stea

BBC Business · 1mo ago
Wintermute plans $1 billion AI push beyond crypto: Bloomberg

Wintermute plans $1 billion AI push beyond crypto: Bloomberg

Crypto market maker Wintermute will spend $1 billion over five years on AI and high-frequency trading infrastructure as it expands into stocks, commodities, and forex, targeting non-crypto revenue abo

CoinDesk · 1mo ago
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Nebius Stock Soars 28% as GPU Spot Prices Triple

Nebius beat revenue estimates and its stock jumped 28% as customers raced to secure AI computing power, with GPU spot prices reportedly tripling amid short-term scarcity exploited by neoclouds.

Google News Business · 1mo ago

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