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Finance News — Page 145
Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows
Coinbase posted $1.22 billion in Q2 revenue and a $359 million net loss, missing Wall Street estimates as crypto trading volumes fell more than 20% quarter-over-quarter, sending shares down roughly 5%
Amazon Jumps 4% as AWS Growth Hits 37%, Capex to $220B
Amazon shares surged nearly 4% after the company reported Q2 cloud-revenue growth of 37% that beat expectations, while simultaneously raising its full-year capital spending forecast by $20 billion to
Citadel Buys Situational Awareness Portfolio After Losses
Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has offloaded the bulk of its public-equity portfolio after heavy losses, with Citadel repor
Amazon beats estimates for cloud revenue growth on back of surging enterprise AI spending
Amazon's AWS cloud revenue jumped 37% to $42.2B in Q2, beating analyst estimates and fueling a raised $220B annual capex outlook that CEO Andy Jassy warned still won't meet AI-driven demand in 2026.
Jersey Mike's Falls 6% in NYSE Debut After $23 IPO
Jersey Mike's shares closed down about 6% on Thursday after the sandwich chain debuted on the NYSE under ticker "JMKE," opening at $21 below its $23 IPO price.
Microsoft Surges 15.5%, Biggest Single-Day Gain Ever
Microsoft stock surged 15.5% — the largest single-day market-value increase in stock market history — after the company posted better-than-expected Q4 earnings, with Azure reaccelerating to 43% growth
Microsoft set for record $485B one-day market cap gain
Microsoft's stock staged a stunning reversal on Thursday — after being the Magnificent Seven's biggest laggard this year, shares surged 16% on an Azure cloud forecast that gave investors a payoff stor
Nvidia Stock Bounces Back as Analysts Call It Undervalued
Nvidia (NVDA) stock is bouncing back, with multiple financial outlets simultaneously framing the chipmaker as undervalued and a long-term buying opportunity.
Retailer Reformation opens flat in NYSE debut as CEO says company is 'ready to scale'
Women's clothing retailer Reformation debuted on the NYSE under ticker "REF" with shares essentially flat after pricing its IPO at $15 per share, raising $210.9 million in a thin IPO market.
Microsoft Soars 16% as Azure Tops $100B
US stocks rebounded Thursday after Wednesday's Fed-fueled sell-off, with the Nasdaq jumping 2.82% on Microsoft's 16.57% surge after Azure cloud revenue topped $100 billion for the first time.
Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin held around $64,500 as June PCE inflation came in at 3.7% year-on-year — the first monthly decline since 2020 — though analysts noted it remains nearly double the Fed's 2% target.
US GDP Growth Slows to 1.5% as Inflation, Trade Gap Widen
US economic growth slowed to 1.5% in Q2 2026 as a widening trade deficit and Iran-driven fuel price spikes pressured households, even as a surge in AI-related investment propped up the headline number
Amazon on deck to report earnings after the bell with cloud, capex in focus
Amazon is set to report Q2 earnings on Thursday, with investors focused on the company's $49.3B expected capex and 31% projected AWS growth as peers have seen sharply divergent stock reactions to thei
Amazon soars 9% on Q2 beat, AWS fastest in 18 quarters
Amazon shares surged more than 9% in extended trading after the company posted a Q2 revenue beat and the strongest AWS cloud growth in 18 quarters, though forward guidance fell short of Wall Street ex
Tokenized Gold Passes DeFi Test; Under 2% as Collateral
Tokenized gold survived a DeFi stress test with liquidations peaking in late March across Morpho and Aave, but RedStone data shows less than 2% of the market is actually deployed as lending collateral
U.S. GDP Grows 1.5% in Q2; Core Inflation Holds at 3.3%
The U.S. economy expanded at a sluggish 1.5% annualized rate in the second quarter, falling short of expectations, while core inflation held at 3.3% in June.
JPMorgan says fading Clarity Act odds weigh on crypto outlook
JPMorgan warned that dwindling odds of the Clarity Act passing Congress this year remove a key catalyst for crypto markets, cautioning that delays could divert tokenization growth to traditional finan
Fed's PCE Inflation Cooled in June Amid Slower GDP Growth
The Fed's preferred inflation measure declined in June, signaling cooling price pressures, while the U.S. economy showed slower growth in the second quarter, shaping the central bank's policy outlook.
SoFi Down 42% YTD Despite Record Q2 — $50 Bull Case for 2031
SoFi Technologies is down 41.75% year-to-date in 2026 despite record Q2 loan originations of $14.8B and 61% YoY GAAP net income growth, creating what one analyst frames as a setup for a five-year bull
KOSPI Crash Signals AI Bubble Burst, Nasdaq 100 Next
Seeking Alpha's Damir Tokic argues the KOSPI's sharp reversal following a near-parabolic rise is the leading indicator that the AI bubble is bursting, with the Nasdaq 100 set to follow given near-perf
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