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Finance News — Page 128
S&P 500's 6% Rally Was Options-Driven, Not Fundamentals
The S&P 500's roughly 6% rally over five trading sessions since the July 29 Federal Reserve meeting was largely mechanical — driven by aggressive options positioning and dealer hedging flows — rather
Honeywell Aerospace Cuts Outlook After Weak Debut
Honeywell Aerospace shares plunged after its first earnings report as a standalone company revealed weak results and a slashed outlook due to supply chain issues, despite strong demand.
US returns $100 billion in Trump tariffs invalidated by Supreme Court, filing shows
The Trump administration has refunded roughly $100 billion—more than half of the $166 billion in tariffs invalidated by the Supreme Court—through its customs refund system, with more disbursements sti
Warsh's Fed Weighs Fewer FOMC Meetings
Federal Reserve Chairman Kevin Warsh is exploring whether to reduce the central bank's eight annual FOMC meetings as part of a broader push to shrink the Fed's footprint on financial markets, a move e
Flutter shares plummet on earnings miss and another key leadership change
Flutter Entertainment's stock plunged 13% after the company cut its full-year U.S. profit guidance by 22%, missed Q2 EPS estimates, and announced longtime CEO Peter Jackson will step down in favor of
How Disney parks are bucking a travel slowdown
Disney's parks and experiences division posted a record $10 billion quarter with 10% revenue growth and a 20% operating-income surge, defying a 6% drop in international travel to the United States and
Sandisk Earnings Soar, but the Stock Is Still Dropping - barrons.com
Sandisk reported fiscal fourth-quarter 2026 results with revenue soaring on AI data storage demand, yet the stock dropped post-earnings in a stark gap between fundamentals and market reaction.
Fed's Cook: 'Prepared to Act' With Rate Hike on Inflation
Federal Reserve Governor Lisa Cook signaled she's ready to support an interest rate hike, warning that five years of above-target inflation risks becoming entrenched in price- and wage-setting behavio
Sandisk Q4 Revenue Soars on AI Storage Demand
Sandisk reported its fiscal fourth-quarter 2026 results, with revenue surging on AI-driven data storage demand and one outlet upgrading the stock ahead of the print.
SpaceX Drops 13.6% to All-Time Low on $15.8B AI Capex
SpaceX stock plunged 13.6% to an all-time closing low of $108.27 on Wednesday after its first quarterly report as a public company revealed $15.8 billion in AI capital expenditures for Q2, more than d
Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby
Federal prosecutors in Manhattan charged Few and Far NFT marketplace founder Taj Tarsha with securities fraud and wire fraud, alleging he raised over $10 million from investors and diverted the funds
Flutter shares plummet on earnings miss and another key leadership change - cnbc.com
Flutter's stock plunged after the gambling company missed earnings, cut its profit guidance, and announced its CEO will step down amid slowing FanDuel growth.
AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth +100% - Seeking Alpha
AMD reported a 50% revenue jump with data center sales doubling, yet the stock fell 5% as analysts called the results 'not an exceptional result' and the sales outlook disappointed.
AMD Drops 5% as $13B Guidance Falls Short of Bullish Forecasts
AMD shares fell 5% Wednesday after the chipmaker's Q2 earnings beat fell short of elevated investor expectations, with forward guidance meeting some analyst estimates but missing the highest forecasts
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen
U.S. intervention in the yen bolstered global investor confidence and helped drive the S&P 500 to a record high, revealing deep ties between currency markets, AI-driven tech spending, and corporate bo
Dan Taylor to Replace Peter Jackson as Flutter CEO
Flutter Entertainment announced Aug. 5 that International division head Dan Taylor will replace Peter Jackson as group CEO effective Oct. 1, with Jackson staying on as an adviser through year's end.
Flutter CEO to Step Down as U.S. Sports-Betting Business Falters; Profit Outlook Cut - WSJ
Flutter's CEO is stepping down and the company has cut its profit guidance after FanDuel's betting growth slowed and shares tumbled on an earnings miss — the latest in a string of leadership changes.
Flutter CEO Steps Down as Profit Guidance Cut
Flutter CEO Peter Jackson will step down in October after eight years, with international head Dan Taylor taking over as the gambling group slashed full-year guidance and warned that rising investment
Oil Price Rally Boosts Glencore's First-Half Profit - Crude Oil Prices Today | OilPrice.com
Glencore's first-half profit jumped on an oil price rally, a trading boom, and record copper earnings, while the miner also pursues a secondary listing in Australia to fund copper growth and M&A ambit
Shopify shares soar as revenue forecast paints AI as growth driver
Shopify shares jumped more than 18% after the e-commerce company issued an above-consensus Q3 revenue forecast, crediting AI partnerships with OpenAI, Google, and Microsoft for driving merchant growth
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