Finance·7,617 stories
Finance News — Page 123
S&P 500 Record Close; Dow, Nasdaq Best Week Since April
The S&P 500, Dow, and Nasdaq all posted their strongest weekly gains since April, with the S&P 500 closing at a fresh record high on Friday as U.S. stock futures pointed higher ahead of an upcoming jo
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Russ Savage, who founded Rockstar Energy and sold it to PepsiCo for over $4 billion in 2020, has acquired a roughly 4.7% stake in Celsius Holdings and is publicly demanding CEO John Fieldly's ouster.
U.S. Unexpectedly Loses 23,000 Jobs in July
The U.S. unexpectedly shed 23,000 jobs in July per the BLS, with the unemployment rate ticking down to 4.1% only because 264,000 people dropped out of the labor force — undermining the Fed's case for
Bitcoin Still in Death Cross as Jobs Miss Cuts Rate-Hike Odds
Bitcoin remains stuck below its key moving averages in a death cross formation, even as a much-weaker-than-expected July jobs report pushed September Fed rate-hike odds down to 40%.
Summer Jobs Report Undercuts Spring Labor Market Rebound
The latest Bureau of Labor Statistics jobs data undercuts the spring labor market rebound, though Axios argues the headline figures overstate the weakness.
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin surged to $65,340 — an August high — after US July nonfarm payrolls unexpectedly shed 23,000 jobs, flipping Fed rate-hike odds for September into expectations of a pause and lifting the S&P 50
Doximity Surges 80% Premarket Despite Earnings Miss
Doximity (DOCS) shares surged more than 80% in premarket trading Friday after the medical networking and telehealth platform missed analysts' earnings targets, with the article's headline pegging the
US Shed 23,000 Jobs in July; May-June Cut 103K
The U.S. economy unexpectedly shed 23,000 jobs in July while May and June payrolls were revised down by a combined 103,000, clouding the outlook for a Federal Reserve rate hike in September despite a
Sandisk Drops 6.8% Despite Blowout Q4 Earnings
Sandisk shares fell 6.8% despite blowout fiscal Q4 2026 earnings that beat Wall Street estimates, as a slightly soft Q1 revenue guide disappointed investors even though management doubled down on a bu
Russia cracks down on 9 crypto exchanges in Moscow City
Russia's FSB raided nine unregistered crypto exchanges at Moscow City, detaining more than 20 employees and alleging the platforms laundered phone-scam proceeds into cryptocurrency routed to Ukrainian
K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle
The housing market is splitting along K-shaped lines: luxury home sales surged 6.2% in May while starter-home purchases fell 5.4% despite more inventory, per Zillow data.
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on decentralized exchanges fell to $531 billion in July, a 21% month-over-month decline and the lowest level since June 2025, according to DefiLlama data.
Clarity Act stalls as SEC, Fed build crypto rules anyway
The U.S. crypto Clarity Act missed its procedural Senate vote before the summer recess, pushing any path forward to September or year-end, while federal regulators continue advancing crypto rules thro
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Bitcoin futures trading volume on Binance has surged to nearly eight times spot volume, hitting a record ratio amid weakening spot demand and rangebound price action near $64,000.
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark's shares dropped 5.5% after the Bitcoin miner reported $138 million in quarterly revenue — a 30.5% year-over-year decline — and a $239 million net loss, narrowly missing Wall Street's $142.
Treasury Yields Fall as Oil Drops, Jobs Data Looms
Treasury yields drifted lower across multiple outlets as traders positioned ahead of Friday's nonfarm payrolls report, with falling oil prices reducing wagers on further Federal Reserve rate hikes.
U.S. Lost 23,000 Jobs in July, Far Below 80,000 Expected
The U.S. economy unexpectedly shed 23,000 jobs in July — far below the 80,000 gain analysts expected — sending CME FedWatch odds of a September rate hike from 55% to 46% while bitcoin barely budged ne
Gold heads for best week since January as inflation fears ebb
Gold is on track for its strongest weekly gain since January as easing inflation fears and a weaker-than-expected July jobs report failed to derail the metal's rally.
Gold Hits Seven-Week High on Weak Jobs Data
Gold climbed to a seven-week high as weak U.S. jobs data weakened expectations for further rate hikes, with UBS, Reuters, and OilPrice.com all citing support for the rally from falling oil prices and
Trade Desk Drops 24% After Q2 Revenue Miss
Trade Desk shares fell 24% in after-hours trading after the advertising-technology company's second-quarter revenue came in below Wall Street forecasts.
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.