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Finance News — Page 127

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Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus — Live Updates - WSJ

U.S. stocks ended mixed as the Nasdaq fell for a fourth consecutive day, dragged down by a sharp slump in Apple that overshadowed blockbuster earnings from chipmaker Micron, with Wendy's also drawing

Google News Business · 2mo ago
Wendy's Stock Drops 7% as Reddit Meme Rally Fizzles

Wendy's Stock Drops 7% as Reddit Meme Rally Fizzles

Wendy's shares fell nearly 7% on Thursday after a Reddit-driven meme stock surge of 25.7% the prior day — its biggest gain since June 2021 — failed to hold, with analysts noting the rally was disconne

CNBC · 2mo ago
Nasdaq falls for a fourth day as a drop in Apple overshadows Micron's booming earnings: Live updates - CNBC

Nasdaq falls for a fourth day as a drop in Apple overshadows Micron's booming earnings: Live updates - CNBC

The Nasdaq extended its losing streak to four sessions as a sharp decline in Apple overshadowed blowout quarterly earnings from chipmaker Micron, leaving major U.S. indexes mixed at the close.

Google News Business · 2mo ago
Micron surges 19% on blockbuster AI memory earnings

Micron surges 19% on blockbuster AI memory earnings

Micron stock jumped as much as 19% after the memory maker more than quadrupled quarterly revenue to $41.46 billion on surging AI-driven demand, with the company forecasting roughly $50 billion in curr

CNBC · 2mo ago
Wall Street Values Crypto Firms for AI Power

Wall Street Values Crypto Firms for AI Power

Galaxy Digital's June 2026 stock surge highlighted Wall Street's growing willingness to value crypto firms for AI infrastructure — power, land and data centers — rather than just digital asset exposur

Cointelegraph · 2mo ago
Micron Tops Meta, Tesla in Market Cap on AI Memory Boom

Micron Tops Meta, Tesla in Market Cap on AI Memory Boom

Micron Technology's market valuation surged past Meta's and briefly Tesla's for the first time, fueled by relentless AI infrastructure demand and a robust earnings forecast that unlocked US$22-billion

Globe and Mail Business · 2mo ago
Oil returns to pre-Iran war levels as Hormuz traffic

Oil returns to pre-Iran war levels as Hormuz traffic

Brent crude has fallen back to its pre-Iran war price as vessel traffic through the Strait of Hormuz gradually resumes following a 17 June US-Iran memorandum of understanding, though daily crossings r

BBC World · 2mo ago
U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank

U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank

U.S. charitable giving crossed $600 billion for the first time in 2025, reaching $617.2 billion on a blistering stock market rally — but middle-class donations barely grew while bequests and nine mega

CNBC · 2mo ago
Study: Staying in One SIP Beats Chasing Last Year's

Study: Staying in One SIP Beats Chasing Last Year's

A WhiteOak Capital Asset Management analysis found that Indian SIP investors who stayed in one market-cap category outperformed those who rotated annually into the previous year's top-performing fund,

Mint · 2mo ago
US PCE Inflation Tops 4% in May; Fed September Hike

US PCE Inflation Tops 4% in May; Fed September Hike

U.S. PCE inflation surged 4.1% year-on-year in May — the first reading above 4% in three years — driven by energy prices from the Middle East conflict, while consumer spending jumped 0.7%, keeping Fed

Globe and Mail Business · 2mo ago
Bitcoin is having a tough year. Traders are betting it's going to get worse

Bitcoin is having a tough year. Traders are betting it's going to get worse

Bitcoin futures fell to as low as $58,995 Thursday — the lowest since October 2024 and a roughly 52% drawdown from last year's peak — as options traders loaded up on puts on the IBIT ETF, with 19 of t

CNBC · 2mo ago
Micron jumps 16% on blowout earnings, lifting AI

Micron jumps 16% on blowout earnings, lifting AI

Micron Technology surged 16% in premarket trading after reporting Q3 revenue of $41.5B against $35.7B estimates and forecasting $50B for Q4, lifting AI memory peers SanDisk and SK Hynix and giving AI-

CoinDesk · 2mo ago
Gold hovers around $4,000, silver holds below $60 — has the shimmer worn off the precious metal rally?

Gold hovers around $4,000, silver holds below $60 — has the shimmer worn off the precious metal rally?

Gold and silver have lost momentum after their record 2025 rallies, with prices pulled lower by a hawkish Federal Reserve, fading Middle East risk premium, and investor rotation into equities.

CNBC · 2mo ago
JPMorgan Warns Retail Options Pullback Echoes 2021 Top

JPMorgan Warns Retail Options Pullback Echoes 2021 Top

JPMorgan says retail investors are pulling back from options and margin trading, a signal that preceded past multi-month tech corrections in late 2021 and late 2025.

MarketWatch · 2mo ago
Brainard-Chopra Project: Why Strong GDP Still Feels Bad

Brainard-Chopra Project: Why Strong GDP Still Feels Bad

A new Democratic project led by former Biden adviser Lael Brainard and ex-CFPB chief Rohit Chopra finds that volatile everyday prices — especially beef — explain why Americans feel economically squeez

Axios · 2mo ago
The opportunity cost of waiting for the perfect entry or exit point

The opportunity cost of waiting for the perfect entry or exit point

PGIM India analysis shows missing just 50 best trading days over 24 years collapsed a ₹10,000 Nifty 50 investment from ₹3.25 lakh to ₹11,550 — quantifying the steep cost of waiting for a 'perfect' mar

Mint · 2mo ago
Crypto Investors Underestimate Operational Risk Most

Crypto Investors Underestimate Operational Risk Most

Most crypto investors fixate on price volatility while overlooking operational risk — the security, custody, and access failures that have historically caused some of the largest irreversible losses i

Mint · 2mo ago
Live markets: Bitcoin plunges under $59,000 as early bounce fades

Live markets: Bitcoin plunges under $59,000 as early bounce fades

Bitcoin plunged under $59,000 overnight — its lowest point since early June — as nearly $1 billion in futures positions were liquidated, before a Micron earnings beat helped crypto claw back toward $6

CoinDesk · 2mo ago
SK Hynix Surges 12% on $29B Nasdaq Listing Plan

SK Hynix Surges 12% on $29B Nasdaq Listing Plan

SK Hynix is charging toward a blockbuster up-to-$29.4 billion Nasdaq ADR listing as Micron's blockbuster AI-memory earnings reinforce that high-bandwidth memory supply remains tight.

Google News Business · 2mo ago
Tech Retreats on AI Valuation Fears as Oil Slump

Tech Retreats on AI Valuation Fears as Oil Slump

Tech stocks retreated on concerns over AI spending and valuations while oil prices continued their slump, with the Nasdaq and S&P 500 ending lower.

Google News Business · 2mo ago

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