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Finance News — Page 114

Dow Hits Record as Nasdaq Falls on Chip Selloff

Dow Hits Record as Nasdaq Falls on Chip Selloff

The Dow surged nearly 600 points to a record close while the Nasdaq and S&P 500 slid, dragged lower by an extending semiconductor selloff and a sharp decline in Tesla.

Google News Business · 1mo ago
Top 1% Own Half All Stocks Despite Trump's 'Everybody's Profiting'

Top 1% Own Half All Stocks Despite Trump's 'Everybody's Profiting'

President Trump touted 'everybody's profiting' from surging markets, yet Federal Reserve data shows stock wealth is overwhelmingly concentrated among the top 1% of households — fueling a push for new

CNBC · 1mo ago
Stocks Rise After Weak June Jobs Report

Stocks Rise After Weak June Jobs Report

Stocks surged Friday after June hiring missed expectations, easing interest-rate pressure and fueling a broad market rally as Wall Street neared its best week in nearly two months.

Google News Business · 1mo ago
JPMorgan: Strategy's BTC Sales Add Two-Way Risk

JPMorgan: Strategy's BTC Sales Add Two-Way Risk

JPMorgan told clients that Strategy's newly formalized bitcoin sales policy creates "two-way" flow risk for crypto markets and urged the company to build cash reserves covering 24–36 months of dividen

CoinDesk · 1mo ago
Bitcoin Jumps Above $61,000 on Weak U.S. Jobs Report

Bitcoin Jumps Above $61,000 on Weak U.S. Jobs Report

A sharply weaker-than-expected June U.S. jobs report sent risk assets higher and Treasury yields lower, with bitcoin holding above $61,000 after a 4% 24-hour rally.

CoinDesk · 1mo ago
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%

U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%

The U.S. added just 57,000 jobs in June — far below the 115,000 forecast — while the unemployment rate ticked down to 4.2%, fueled by a sharp drop in labor force participation that economists warn sig

CNBC · 1mo ago
U.S. Job Gains Slowed In June To 57,000; Entertainment Employment Continues Decline

U.S. Job Gains Slowed In June To 57,000; Entertainment Employment Continues Decline

The U.S. economy added just 57,000 jobs in June, well below expectations, while the unemployment rate dipped to 4.2% and prior months' gains were revised down by a combined 74,000 jobs.

Deadline · 1mo ago
Warsh charms global central bankers at ECB Sintra forum

Warsh charms global central bankers at ECB Sintra forum

New Federal Reserve Chair Kevin Warsh won a notably warm reception from global central bankers at the ECB's annual Sintra conference, easing fears that a Trump-appointed Fed would retreat from interna

Globe and Mail Business · 1mo ago
SBI Crypto shuts Bitcoin mining pool after 5-year run

SBI Crypto shuts Bitcoin mining pool after 5-year run

SBI Crypto is winding down its Bitcoin mining pool after five years and steering miners to Braiins, Luxor, and NeoPool, as parent SBI Holdings doubles down on exchange acquisitions and stablecoins in

Cointelegraph · 1mo ago
Bitcoin Tops $61K After Fed's Warsh Eases Inflation Warning

Bitcoin Tops $61K After Fed's Warsh Eases Inflation Warning

Bitcoin surged more than 4% past $61,000 after Federal Reserve Chair Kevin Warsh said inflation risks had eased, decoupling the crypto rally from a sharp selloff in AI-exposed Asian tech stocks.

CoinDesk · 1mo ago
Yield-Bearing Stablecoin Growth Ends After 3-Year Run

Yield-Bearing Stablecoin Growth Ends After 3-Year Run

Yield-bearing stablecoin supply contracted in Q2, ending a three-year run of growth for crypto-native products, with total transaction counts posting their largest quarterly decline on record—down 530

Cointelegraph · 1mo ago
Reconcile AIS Stock Transactions Before Filing ITR

Reconcile AIS Stock Transactions Before Filing ITR

Investors filing income tax returns must reconcile the Annual Information Statement (AIS) against broker records, contract notes, and capital gains statements before relying on it for capital gains re

Mint · 1mo ago
KNDS Delays IPO as Defense Stocks Slump

KNDS Delays IPO as Defense Stocks Slump

Tank maker KNDS has postponed its high-profile European IPO until market conditions improve, after struggling to convince investors to back a valuation above €12 billion amid a broad slump in European

CNBC · 1mo ago
South Korean Stocks Tumble 6% on AI Chip Jitters

South Korean Stocks Tumble 6% on AI Chip Jitters

South Korean equities plunged 6% as AI-driven concerns hammered chipmakers SK Hynix and Samsung, dragging the Kospi sharply lower and rippling across Asian markets and AI memory names ahead of US payr

Google News Business · 1mo ago
Robinhood, dYdX Labs Launch Arcus Perpetuals DEX

Robinhood, dYdX Labs Launch Arcus Perpetuals DEX

Robinhood has partnered with dYdX Labs to launch Arcus, a new decentralized exchange offering perpetuals and tokenized stock trading that goes live this month, as it moves to challenge Hyperliquid's d

Cointelegraph · 1mo ago
Stock market today: Dow, S&P 500, Nasdaq futures waver ahead of jobs report - Yahoo Finance

Stock market today: Dow, S&P 500, Nasdaq futures waver ahead of jobs report - Yahoo Finance

Stock market today: Dow, S&P 500, Nasdaq futures waver ahead of jobs report  Yahoo FinanceStock futures choppy after wea...

Google News Business · 1mo ago
Brent Falls Below $71 as US-Iran Peace Talks Progress

Brent Falls Below $71 as US-Iran Peace Talks Progress

Brent crude fell below $71 a barrel — its lowest since the day before the US-Israel war on Iran began — as Qatar-mediated indirect talks between Washington and Tehran showed "positive progress" toward

Al Jazeera · 1mo ago
SEC Probes Alleged Insider Trades That Hurt Susquehanna - Bloomberg.com

SEC Probes Alleged Insider Trades That Hurt Susquehanna - Bloomberg.com

The SEC is investigating alleged insider trades that Susquehanna says cost the firm while insiders pocketed $100 million tied to a China brokerage crackdown.

Google News Business · 1mo ago
Bending Spoons Surges 40% in Nasdaq Debut at $25.7B

Bending Spoons Surges 40% in Nasdaq Debut at $25.7B

Bending Spoons, the Milan-based company that acquires and revitalizes aging tech brands, closed up 40% on its Nasdaq debut at $40.50 per share, lifting its market cap to $25.7 billion — more than doub

Google News Business · 1mo ago
HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

HDFC Bank has imposed a 3,000-point monthly sub-cap on brand voucher rewards within its SmartBuy platform from July 1, 2026, effectively ending a popular points-maximizing work-around for premium card

Mint · 1mo ago

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