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Finance News — Page 114

S&P 500 Falls as US-Iran Impasse Drags Dow, Nasdaq

S&P 500 Falls as US-Iran Impasse Drags Dow, Nasdaq

US stocks fell from recent records as a US-Iran impasse dragged the Dow, S&P 500, and Nasdaq lower, with Big Tech losses — particularly Alphabet — and volatile oil prices tied to Strait of Hormuz deve

Google News Business · 1mo ago
EToro reports second quarter crypto loss even as total profit beats estimates

EToro reports second quarter crypto loss even as total profit beats estimates

eToro swung to a $7.2 million crypto trading loss in Q2 2026 from a $37.7 million profit a year earlier, even as overall net contribution rose 9% and adjusted EPS beat analyst estimates.

CoinDesk · 2mo ago
Invitation Homes CEO: Ban Will Lower Prices — But Not Soon

Invitation Homes CEO: Ban Will Lower Prices — But Not Soon

The CEO of Invitation Homes, the largest single-family rental landlord, says a new law banning institutional investors from buying existing homes will lower prices over time but not immediately, citin

CNBC · 2mo ago
eToro's $231M TradeZero Deal Sends Stock Down 10%

eToro's $231M TradeZero Deal Sends Stock Down 10%

eToro will acquire US active-trader brokerage TradeZero for up to $231 million to accelerate its push into American equities, but investors punished the stock with a 10%+ drop on Tuesday despite a Q2

Decrypt · 2mo ago
Bitcoin drops to one-week low as gold hits nine-week highs

Bitcoin drops to one-week low as gold hits nine-week highs

Bitcoin sank to one-week lows below $64,000 on Tuesday as investors rotated into gold, which climbed to nine-week highs of $4,435 per ounce amid escalating US-Iran tensions and a fresh 5% surge in oil

Cointelegraph · 2mo ago
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card balances climbed to $1.26 trillion in Q2 2026 as late-stage delinquencies jumped to 12.8% — their highest since the Great Recession — in what New York Fed researchers call a 'K-shaped econ

CNBC · 2mo ago
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Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue - foxbusiness.com

The federal budget deficit hit $1.8 trillion in the first 10 months of fiscal 2025 and is on track to top $2 trillion, with the Treasury spending $3 billion a day on debt interest alone.

Google News Business · 2mo ago
Fed Rate Hike Depends on July Inflation Data

Fed Rate Hike Depends on July Inflation Data

The Federal Reserve's next rate decision may hinge on July's inflation data, as recent job declines alone aren't enough to deter a hike, but two months of tame inflation could shift the outlook.

MarketWatch · 2mo ago
S&P 500 flat as industrials offset tech, US-Iran peace hopes lift mood

S&P 500 flat as industrials offset tech, US-Iran peace hopes lift mood

The S&P 500 traded flat as industrials offset weakness in tech, while rising prospects for a US-Iran peace deal and swinging oil prices shaped sentiment across Wall Street.

Google News Business · 2mo ago
Polymarket overhauls marketing, hires Bird's VanderZanden

Polymarket overhauls marketing, hires Bird's VanderZanden

Polymarket is staffing up with a Bird-founding growth chief and compliance veterans from Robinhood, Coinbase, and Nasdaq while restructuring marketing practices under scrutiny from the CFTC, betting t

CNBC · 2mo ago
Pokémon Cards Hit Multibillion-Dollar Market as Crypto Tokenizes

Pokémon Cards Hit Multibillion-Dollar Market as Crypto Tokenizes

Blockchain startups are turning physical Pokémon cards into digital assets, aiming to fix trading frictions in a market now worth billions — but building enough liquidity to compete with established c

CoinDesk · 2mo ago
As Credit Card Debt Mounts, Home Becomes a Piggy Bank

As Credit Card Debt Mounts, Home Becomes a Piggy Bank

With U.S. homeowners sitting on a record $35 trillion in home equity, many are taking out home-equity loans or refinancing to pay off mounting credit card debt, leveraging the value of their houses to

NYT Business · 2mo ago
eToro to Acquire TradeZero as Crypto Revenue Drops 30%

eToro to Acquire TradeZero as Crypto Revenue Drops 30%

eToro announced an acquisition of US brokerage TradeZero as part of its US expansion push, the same day it reported Q2 crypto revenue falling roughly 30% year-over-year and July crypto trades plunging

Cointelegraph · 2mo ago
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Gold Holds Above $4,400 as Iran Worsens

Gold held above $4,400 on Tuesday, August 11, 2026, as a worsening Iran situation drove safe-haven demand, even as traders positioned ahead of key US inflation data.

Google News Business · 2mo ago
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Is Michael Burry Right? 3 Top Tech Stocks With 'High' Short Interest - Seeking Alpha

Michael Burry is back in the spotlight with split signals — a bearish macro bet against the current rally alongside bullish positions in consumer and e-commerce stocks.

Google News Business · 2mo ago
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Bitcoin held below $65,000 after Trump's demand for 50 years of Iranian compensation killed hopes of a near-term Strait of Hormuz reopening, pushing Brent crude to $89 and making Wednesday's CPI repor

CoinDesk · 2mo ago
Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%

Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%

Keel Infrastructure has fully shut down its US Bitcoin mining operations and reported Q2 revenue down 50% year-on-year to $30 million, with a $141 million operating loss, as it pivots toward AI and hi

Cointelegraph · 2mo ago
Intel Increases Size of Stock Offering to Raise $20 Billion - WSJ

Intel Increases Size of Stock Offering to Raise $20 Billion - WSJ

Intel upsized its stock offering to $20 billion at $95 per share, capitalizing on accelerating AI demand to fund its turnaround plans.

Google News Business · 2mo ago
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Intel upsizes stock offering to $20B, prices at $95 (INTC:NASDAQ) - Seeking Alpha

Intel priced an upsized $20 billion stock offering at $95 per share to fund its AI plans, and INTC shares gained overnight in response.

Google News Business · 2mo ago
Intel to sell at least $15 billion in stock - OregonLive.com

Intel to sell at least $15 billion in stock - OregonLive.com

Intel is raising up to $20 billion through a stock offering to accelerate AI chip manufacturing, increasing its initial plan amid growing demand for AI hardware.

Google News Business · 2mo ago

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