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Finance News — Page 118
Dow, S&P 500, Nasdaq Slip as Oil Climbs on Iran Uncertainty
US stocks edged back from recent records on August 10, 2026, with the Dow, S&P 500, and Nasdaq all slipping as oil prices climbed on uncertainty over a potential Iran-Hormuz deal.
Intel to Sell $15 Billion in Stock After AI Boosts Demand - Bloomberg.com
Intel upsized a major stock offering to roughly $20 billion at $95 per share, capitalizing on surging investor appetite driven by AI demand for its products.
SpaceX stock rebounds, closing above $135 IPO price for first time in weeks
SpaceX shares jumped 4% Monday, closing above their $135 IPO price for the first time in weeks after the rocket maker's first earnings report beat revenue expectations and analysts backed its path to
Barrick Stock Slides as Newmont Deal Sets Up Gold Asset IPO
Barrick's stock declined after the mining giant announced a deal with Newmont to combine some of their mines, setting the stage for an IPO of Barrick's North American gold assets by year's end.
Santoli: Stocks return to winning ways. Why the market gods may not be satisfied with July's brief pain
The S&P 500 broke out to fresh all-time highs above 7750 after a three-month consolidation, with a July hedge-fund liquidation and Fed's cagey tone providing the scare-and-relief sequence bulls needed
Aum Ventures Raises Rs 225 Cr First Close of Deeptech Fund
Aum Ventures has raised Rs 225 crore in the first close of its Rs 750 crore India Innovation Fund II, targeting early-stage Indian deeptech startups across space, semiconductors, AI, defence and advan
Bezos, Saverin Join $6B Liverpool FC Stake Deal
Jeff Bezos and Eduardo Saverin are part of a consortium nearing a deal to buy a 30% stake in Liverpool FC from Fenway Sports Group, valuing the club at $6B.
SpaceX retail investors sell for first time since IPO
SpaceX retail investors turned net sellers for the first time since the company's June IPO, offloading a net US$4.5-million on Aug. 7 as shares dipped below the US$135 debut price following SpaceX's f
Kalshi adopts Nasdaq surveillance to police insider trading
Prediction market platform Kalshi has struck a multiyear deal to integrate Nasdaq's surveillance technology, aiming to detect market manipulation and insider trading in real time as the sector faces h
Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets
Bitcoin held above $65,000 and Ether climbed past $1,900 as speculation that Iran and Oman were nearing a deal to reopen the Strait of Hormuz eased geopolitical risk and lifted broader markets, while
Berkshire Hathaway accelerates buybacks, lowers cash stake as profit tops forecasts
Berkshire Hathaway ramped up buybacks and made a $10 billion addition to its Alphabet stake in Q2, drawing down its record cash hoard as operating profit beat analyst forecasts.
Warsh Rewires the Fed While Battling Inflation
Federal Reserve chairman Kevin Warsh is attempting to fundamentally rethink the central bank's approach to guiding the economy while simultaneously deploying its standard policy toolkit against stubbo
Treasury yields inch lower as investors look ahead to key inflation data
U.S. Treasury yields edged lower Monday as traders pared back September rate-hike odds following a weak July payrolls report, with their attention now pivoting to Wednesday's core inflation release.
Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall
Bitcoin held near $65,200 on Monday, up 3.7% on the week, even as the Senate failed to pass the CLARITY Act before its August recess and pushed any vote to September 14 at the earliest.
J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength - Reuters
J.P. Morgan raised its year-end 2026 target for the S&P 500 to 8,000, citing AI spending and earnings strength as the drivers behind the more bullish outlook.
Gold edges higher as Fed hike bets fade
Gold prices edged higher across multiple outlets as bets on further Federal Reserve rate hikes faded following soft US jobs data, with traders now eyeing upcoming US inflation figures as the next cata
Shein IPO Value to Fall Short of $30 Billion Targeted by Some Investors, BI Says - Bloomberg.com
Shein is being valued at $22 billion to $25 billion ahead of its IPO, well below the $30 billion some investors had targeted, while tariffs on its low-price model draw warnings of an existential threa
Stocks Rise, Oil Mixed on Iran-Oman Hormuz Talks
Global markets moved on Iran-Oman negotiations over the Strait of Hormuz, with stocks ticking higher and oil prices sending conflicting signals across outlets — some calling oil steady, others pointin
Argus sends strong SpaceX signal that goes against the market - thestreet.com
Argus issued a bullish SpaceX signal that runs against broader market skepticism, as the company's stock staged a $327 billion rally and approached its IPO price again.
Warsh's 12-Word Statement Rattles Wall Street
Multiple outlets are converging on Fed Chair Kevin Warsh's communication style — specifically his silences and a brief 12-word statement — as the central story rather than any specific policy action.
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