Finance·7,619 stories
Finance News — Page 139
CoreWeave, Proofpoint Forced to Sweeten Loan Terms
Loan investors are resisting borrower terms for the first time in years, forcing at least four companies including AI cloud provider CoreWeave and cybersecurity firm Proofpoint to sweeten their deals
OpenAI's Astra model solves 10 open math problems
OpenAI announced that an internal version of Astra, its next major model family, solved 10 open problems across mathematics, quantum complexity, and theoretical computer science, publishing the result
Three Fed Officials Dissent, Push for Rate Hike
Three Federal Reserve officials broke with Chairman Kevin Warsh this week, dissenting from the decision to hold interest rates steady and instead voting for a quarter-point increase, arguing that infl
NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit - gothamist.com
New York has filed a lawsuit against prediction market platform Kalshi, seeking to shut it down and force it to pay $36 billion while alleging the company runs an illegal gambling operation.
Bitcoin mining difficulty drops 14% from January peak
Bitcoin mining difficulty has fallen 14% from its January peak as weak mining economics and a pivot toward AI infrastructure drain operator capacity, with forward markets signaling little revenue reco
SEC Pauses Nasdaq QBTC Bitcoin Options After CME Challenge
The SEC has paused Nasdaq's conditional approval of cash-settled bitcoin index options (ticker QBTC) and will reconsider the decision after CME Group argued the product falls under CFTC jurisdiction b
US Treasury Buys Yen in First Joint Intervention Since 1998
The US Treasury conducted its first joint currency intervention with Japan in nearly 30 years, with the New York Fed selling euros to buy yen on Friday after the Japanese currency hit its weakest leve
Berkshire Shares Climb to Eight-Month High
Berkshire Hathaway shares climbed to an eight-month high this week, closing half their gap to the S&P 500 as UBS raised its price target and the conglomerate's biggest equity holdings—Apple, Coca-Cola
SpaceX Down 19% From Its $135 IPO Price
SpaceX, fresh off the largest IPO in history in June at $135 a share, has seen its stock slide 19% to $109, prompting one analyst to draw parallels to Tesla's volatile first year as a public company.
SpaceX Stock Below IPO as $1.4T Valuation Meets Q2 Earnings
Stone Fox Capital warns SpaceX enters Q2 earnings with a stretched $1.4T valuation while shares trade below their IPO price, with near-term revenue growth hinging on AI compute contracts with Anthropi
Prediction Market Traders' Edge: Bots, Antennas, AI
Prediction market traders on Kalshi and Polymarket—which together host more than 100,000 active markets—are increasingly turning to custom AI bots, court-records databases, and even TV antennas to gai
Warsh Stays Silent as Three FOMC Members Back Hike
Fed Chairman Kevin Warsh declined to offer any guidance on the rate path at his post-meeting press conference, leaving investors to parse an unusually divided FOMC that saw three of 12 members vote fo
Everyone has the perps convergence backwards
Bitget CEO Gracy Chen argues the perpetual-futures convergence story runs in the opposite direction from the conventional narrative, with traditional assets migrating onto crypto's market structure ra
Bond Vigilantes Push 30-Year Yield to 5.27%
Fed Chair Kevin Warsh is letting bond markets do the central bank's tightening work, with the 30-year Treasury yield climbing to 5.27% — its highest since 2007 — even as the Fed held its overnight rat
Galaxy Lifts Coldcard Bitcoin Loss Estimate to $70M
The estimated scope of the Coldcard Bitcoin wallet breach has grown sharply, with Galaxy Research identifying 1,196 addresses and 1,082.65 Bitcoin stolen in a 41-minute window — nearly double the earl
SpaceX Stock at $116, Lockup Clock Ticking
SpaceX stock has plunged to $116, below its $135 IPO price and near its all-time low of $107, as analysts weigh whether the slide continues below $90 by year-end amid looming lock-up expirations.
Bank of Canada stands by replacement workers after rulings
Bank of Canada Governor Tiff Macklem is defending the central bank's use of replacement workers during a strike by security officers, after the Canada Industrial Relations Board ruled twice that the b
Tether Posts $1.5B Q2 Profit on US Treasury Holdings
Tether reported $1.5 billion in net operating profit for Q2, fueled by interest income from its US Treasury portfolio, as USDT supply grew to $184.6 billion and its reserve surplus hit $4.11 billion.
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Dubai-based crypto exchange Bybit has enabled six tokenized US equities — including Nvidia, Apple, and Tesla — to serve as collateral for margin trading and lending products on its platform.
TIPS Refute Oil-Inflation Story Behind Treasury Yield Surge
US Treasury yields have surged to multi-year highs since the Iran war and Strait of Hormuz closure, with mainstream outlets blaming oil-driven inflation — but TIPS data shows expected inflation has ac
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.