Finance·5,895 stories
Finance News — Page 133
U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC
The U.S. Senate passed the 21st Century ROAD to Housing Act 85-5 on Monday night, including a four-year ban on the Federal Reserve issuing a central bank digital currency through the end of 2030, desp
SpaceX turns to bond market to raise capital, reports $100.8 billion cash - Reuters
SpaceX launched a $20 billion bond sale just days after its record IPO, disclosing it already holds over $100 billion in cash, as Bloomberg reported credit-market skepticism about the high-grade debt
Bitcoin Funding Rate Hits 2-Week High; $70K Breakout
Bitcoin's perpetual futures funding rate climbed to a two-week high of 7%, reflecting bullish leveraged positioning, but persistent spot ETF outflows, elevated put demand, and a broad flight to cash a
S&P 500, Nasdaq Fall on Alphabet, Megacap Tech; Iran
The S&P 500 and Nasdaq closed lower as megacap tech stocks, led by Alphabet, pulled the indexes down, with investor focus turning to Iran.
SpaceX Stock Drops 23% From Post-IPO Peak
SpaceX shares have plunged 23% from their post-IPO peak just 10 days after the largest IPO in history, as a planned $20 billion bond sale spooked investors already wary of the cash demands of SpaceX's
Nvidia's stock struggles as Kalshi traders bet chip prices are coming down
Nvidia shares are sliding as Kalshi traders bet the company's B200 chip rental prices won't recover from a recent drop, with compute costs falling from $6.11 per hour on May 30 to $4.22 by June 21.
Stock Market Today: Dow edges up, S&P 500 and Nasdaq fall as U.S. oil prices fall after Treasury allows Iran oil sales for 60 days - MarketWatch
U.S. stocks traded mixed near record highs as the Dow edged up while the S&P 500 and Nasdaq fell, dragged by Alphabet and megacap tech, with oil prices dropping after the Treasury permitted a 60-day w
US stocks drift near their records in mixed trading after oil prices fall - AP News
US stocks traded mixed near record levels as oil prices fell below $74 a barrel after the Treasury permitted Iran oil sales to continue for 60 days.
Hassett: Warsh Not Seeking White House Rate Advice
NEC Director Kevin Hassett said Monday that Federal Reserve Chair Kevin Warsh is not soliciting White House advice on monetary policy, even as he acknowledged a 30-year personal friendship and ongoing
Bitcoin's $63K Weekly Close, RSI Divergence Hint at
Bitcoin's repeated weekly closes above $63,000, combined with a bullish RSI divergence that mirrors the late 2022/early 2023 setup, suggest a potential market bottom as derivatives leverage and ETF ou
Kunal Shah to Lead WhatsApp; Meta Backs CRED With $900M
Meta named CRED founder Kunal Shah as the new head of WhatsApp while leading a $900 million financing round for his Indian fintech startup, valuing it at about $4.5 billion.
Anchorage Launches Tokenized Deposit Platform for Banks
Anchorage Digital is rolling out infrastructure that lets banks issue tokenized deposits and offer 24/7 blockchain-based settlement without replacing their core systems, entering a growing race agains
Target Chair Cornell Gets Record-Low Shareholder Vote
Target shareholders delivered the lowest level of support on record for Chairman Brian Cornell at the company's annual vote, even as the retailer confirmed he will stay on as executive chairman.
OKX, ICE Launch TradFi-Crypto Venture Led by Cuomo
Former New York Gov. Andrew Cuomo will lead a new joint venture between crypto exchange OKX and Intercontinental Exchange, owner of the NYSE, to build regulated infrastructure linking traditional and
Micron Q3 Earnings Seen Rising 987% on AI Boom
Micron's upcoming Q3 earnings are projected to surge 987% as the AI-driven memory trade boom accelerates, with multiple outlets flagging the report as a potential market-moving catalyst.
Micron stock surges on memory trade as Q3 earnings near
Micron's stock is surging ahead of an anticipated blockbuster Q3 earnings report, fueled by the AI-driven memory trade — but Barron's warns the frenzy could be unhealthy for broader markets.
SPCX Slides in Second Week; KeyBanc Starts at Sector Weight
SpaceX shares (SPCX) are heading for a second straight losing week despite a 37% gain since the June 12 IPO, as KeyBanc starts coverage at 'Sector Weight' over valuation concerns and MSCI assigns the
As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally
Bitcoin and major altcoins climbed Monday on easing oil prices and Iran-U.S. deal hopes, but derivatives data—from negative CVD across most top-25 tokens to puts trading at a premium on Deribit—signal
Polymarket Paid Creators for Fake $1.9M in Bets: WSJ
A WSJ investigation found Polymarket paid creators to film roughly $1.9 million in fake bets and fabricated wins on dummy copies of its platform, targeting U.S. users the main site geoblocks.
Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap
The Bank of England has abandoned proposed individual and corporate stablecoin holding limits, replacing them with a £40 billion aggregate issuance cap after industry and parliamentary pressure argued
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.