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Finance News — Page 116

Trump Media reports $238m loss as crypto falls

Trump Media reports $238m loss as crypto falls

Trump Media reported a $238 million loss in the second quarter, driven by declines in its cryptocurrency holdings, despite an 89% revenue increase and plans to monetize access to Trump's Truth Social

BBC Business · 2mo ago
India Sector Dispersion Opens Contrarian Bets

India Sector Dispersion Opens Contrarian Bets

India's unusually dispersed equity valuations — IT, FMCG, and financials below five-year averages — combined with ₹2.54 trillion in FPI outflows through July 2026, argue for contrarian stock-picking o

Mint · 2mo ago
XRP, ether lead crypto losses as traders eye $70,000 bitcoin next

XRP, ether lead crypto losses as traders eye $70,000 bitcoin next

Bitcoin failed to hold $65,000 for a fourth day as an oil rally revived inflation fears ahead of Wednesday's U.S. price data, dragging ether and XRP sharply lower while analysts watched short position

CoinDesk · 2mo ago
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Trump media company announces a massive loss and new turnaround effort - apnews.com

Trump Media posted a $238 million quarterly loss and announced a turnaround pivot into nuclear fusion, sending DJT stock sharply lower.

Google News Business · 2mo ago
OpenAI reportedly completed a $7 billion employee tender offer

OpenAI reportedly completed a $7 billion employee tender offer

OpenAI completed a $7 billion employee tender offer at an $852 billion valuation — matching its March fundraising round — while CEO Sam Altman conceded the past 12 months were 'mostly my fault.'

TechCrunch · 2mo ago
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Intel plans $15 billion share sale as turnaround rally lifts stock - Reuters

Intel is planning a $15 billion share sale, capitalizing on a stock turnaround rally, with Bloomberg reporting the chipmaker may upsize the offering to as much as $20 billion.

Google News Business · 2mo ago
US Intervenes to Prop Up Yen Amid Debt and Alliance Strategy

US Intervenes to Prop Up Yen Amid Debt and Alliance Strategy

The U.S. is coordinating with Japan to prop up the yen, driven by economic and geopolitical interests tied to Treasury yields, trade tariffs, and alliance dynamics, not just market stability.

Channel News Asia · 2mo ago
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July CPI Expected to Bounce Back After June Dip

Economists expect July's CPI reading to rebound after an unexpected June inflation decline, with the upcoming report potentially testing Warsh's hawkish rhetoric and influencing PLTR and TSLA if it de

Google News Business · 2mo ago
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Berkshire Investors Look Past Buffett as Abel Spends Cash

Berkshire Hathaway is entering a new chapter under CEO Greg Abel, with investors shifting focus from founder Warren Buffett to the conglomerate's next leadership era.

Google News Business · 2mo ago
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Barron's Downgrades Apple to Sell Over All-Glass iPhone

Barron's downgraded Apple stock to a Sell rating after an analyst claimed the all-glass iPhone is dead, while Bloomberg reports Apple's glass-centric 20th-anniversary iPhone is still on track for 2027

Google News Business · 2mo ago
US Stocks Slip From Records as Oil Jumps 5%

US Stocks Slip From Records as Oil Jumps 5%

US stocks pulled back from recent record highs after oil prices spiked 5% on renewed Iran uncertainty, with the Dow, S&P 500, and Nasdaq all slipping and Intel leading chip stocks lower.

Google News Business · 2mo ago
AUSTRAC Suspends Australia's Largest Crypto ATM Operator

AUSTRAC Suspends Australia's Largest Crypto ATM Operator

AUSTRAC has suspended Cryptolink Pty Ltd's crypto registration for three months, shutting down its 96 Bitcoin and crypto ATMs after the operator missed anti-money-laundering reporting obligations and

Decrypt · 2mo ago
Supermicro Q4 Earnings Loom as AI Infrastructure Test

Supermicro Q4 Earnings Loom as AI Infrastructure Test

Supermicro is set to report Q4 results in a closely watched moment for the AI infrastructure sector, with options traders piling into calls and the stock trading at what analysts call a bargain price.

Google News Business · 2mo ago
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Rocket Lab Rises, AST Space Falls With Earnings Due. What To Expect. - Investor's Business Daily

Rocket Lab posted record revenue and a record backlog in its Q2 2026 earnings, though mixed results sent its stock lower as the broader satellite sector awaits AST SpaceMobile's upcoming report.

Google News Business · 2mo ago
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Here’s Why Nvidia Stock Is Down Today - Forbes

Nvidia's stock declined as the chipmaker announced a partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion in AI compute infrastructure financ

Google News Business · 2mo ago
S&P 500 Edges Off Record as Oil Jumps 5% on Iran Doubts

S&P 500 Edges Off Record as Oil Jumps 5% on Iran Doubts

The S&P 500 closed essentially flat and edged off its recent record as oil prices jumped 5% on dimming hopes for a U.S.–Iran deal, with chip stocks Intel and Nvidia leading the decline.

Google News Business · 2mo ago
SEC Charges Adit Ventures, CEO Munson in Fraud

SEC Charges Adit Ventures, CEO Munson in Fraud

The SEC charged New York-based investment adviser Adit Ventures Management LLC, CEO Eric Munson, and three affiliated general partners in an alleged fraud.

SEC Press · 2mo ago
US Stocks Fall as Hormuz Tension Drives Oil Higher

US Stocks Fall as Hormuz Tension Drives Oil Higher

US stocks declined across major indices as Strait of Hormuz tensions pushed oil prices higher, with Nvidia sinking and Intel shares also falling during the session.

Google News Business · 2mo ago
Senate delays CLARITY crypto vote amid Trump ethics push

Senate delays CLARITY crypto vote amid Trump ethics push

The Senate punted a cloture vote on the CLARITY Act crypto market structure bill after Democrats demanded stricter ethics rules around Trump's crypto businesses, prompting crypto advocates to call the

Cointelegraph · 2mo ago
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Berkshire Shares Hit Post-Buffett High Under Abel

Berkshire Hathaway shares climbed to their highest level since Greg Abel took over from Warren Buffett, fueled by stock buybacks and strong quarterly earnings, with Abel himself purchasing $4.5 billio

Google News Business · 2mo ago

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