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Finance News — Page 150

JPMorgan: Goldman, Morgan Stanley Set for IPO Trading Boost

JPMorgan: Goldman, Morgan Stanley Set for IPO Trading Boost

JPMorgan analysts say Wall Street investors are underestimating the trading-revenue tailwind Goldman Sachs and Morgan Stanley will get from the SpaceX IPO and a wave of other mega listings, and have m

MarketWatch · 2mo ago
Bitcoin miner 'capitulation' comes as trader sees later 2026 bear-market bottom

Bitcoin miner 'capitulation' comes as trader sees later 2026 bear-market bottom

Bitcoin miners are operating at razor-thin sub-5% margins in what onchain data labels a 'capitulation' phase, with one pseudonymous trader arguing this historically marks the optimal time to buy — eve

Cointelegraph · 2mo ago
Equity Losses Can Offset Other Capital Gains: Tax

Equity Losses Can Offset Other Capital Gains: Tax

Indian taxpayers can use equity capital losses to offset gains from other assets like property, gold, and debt mutual funds, but the set-off depends on whether the loss is short-term or long-term, and

Mint · 2mo ago
SpaceX Surges 19% on Debut; Oil Drops on Iran Deal

SpaceX Surges 19% on Debut; Oil Drops on Iran Deal

Friday's market close saw major indexes rise on SpaceX's blockbuster IPO debut and growing hopes for a U.S.-Iran peace deal, while oil prices fell sharply.

Google News Business · 2mo ago
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SpaceX Shares Up >35% in Trading Before $135 IPO

SpaceX’s pre‑IPO shadow‑trading activity shows its shares priced more than 35% above the slated $135 IPO, hinting at strong market interest ahead of a Friday Nasdaq debut.

Google News Business · 2mo ago
Think a 20% market correction is rare? 45 years of Sensex data says otherwise

Think a 20% market correction is rare? 45 years of Sensex data says otherwise

FundsIndia's 45-year Sensex analysis reveals that ~20% intra-year drawdowns are routine across market cycles, yet nearly 80% of years still closed with gains — and no seven-year holding period on the

Mint · 2mo ago
SpaceX Shares Begin Trading on US Markets

SpaceX Shares Begin Trading on US Markets

SpaceX shares began trading on a US stock exchange in what could be the largest initial public offering in history, with CEO Elon Musk positioned to become the world's first trillionaire.

BBC Business · 2mo ago
Luxury stocks surge ~5% on US‑Iran deal hopes

Luxury stocks surge ~5% on US‑Iran deal hopes

A proposed U.S.-Iran peace deal sparked a rapid rally in luxury stocks, with LVMH, Kering and Hermes each jumping around 5% as markets anticipate the reopening of the Strait of Hormuz and lifted U.S.

CNBC · 2mo ago
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Adobe Drops 7.4% as CFO Exits for Marvell

Adobe's stock plunged 7.4% to its lowest close since 2018 as CFO Dan Durn departs for Marvell, with Wall Street reading the executive move as another sign that AI disruption is hollowing out software'

Google News Business · 2mo ago
Bitcoin RSI stays below 41.5, no bottom confirmed

Bitcoin RSI stays below 41.5, no bottom confirmed

Bitcoin’s weekly RSI stays under the 41.5 threshold—a historically reliable bullish‑bearish divider—keeping the market from confirming a true bottom, as price currently today hovers near $63,000 with

CoinDesk · 2mo ago
International sting shuts down $390M crypto money-laundering ring

International sting shuts down $390M crypto money-laundering ring

An 11-country law enforcement sting shut down AudiA6, a crypto 'mixer' that laundered roughly $390 million for ransomware operators between 2022 and 2025, with two administrators arrested in Georgia a

Cointelegraph · 2mo ago
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Aum Ventures to Deploy Rs 750 Cr for Deep‑Tech Startups

Aum Ventures announced a Rs 750‑crore five‑year fund for innovative startups, building on its track record of backing deep‑tech firms like Skyroot Aerospace, Azimuth AI, Cosmoserve Space, and Sharang

YourStory · 2mo ago
Bitcoin climbs back into the green as Trump signals an end to the Iran war

Bitcoin climbs back into the green as Trump signals an end to the Iran war

Bitcoin jumped past $63,000 after President Trump declared the Iran conflict effectively over, prompting a rally that lifted oil, gold, silver, Asian equities, and other cryptocurrencies, while SpaceX

CoinDesk · 2mo ago
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Adobe Shifts to Freemium AI, CFO Exits, Shares Drop

Adobe announced a strategic pivot to freemium AI user growth, set full‑year revenue at $26.5‑$26.6 billion, and disclosed CFO Dan Durn’s June 15 exit, prompting a 6.25% share decline and signaling a s

Google News Business · 2mo ago
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Adobe CFO exits, pivots to freemium growth

Adobe announced its chief financial officer will depart, sparking concerns about the firm’s strategic direction even as it raises its outlook and pivots toward freemium user growth.

Google News Business · 2mo ago
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SpaceX's 0.75% IPO Fee Masks Goldman's Real Payday

SpaceX's $75 billion IPO carries the lowest-ever fee percentage for a conventional U.S. offering, but Goldman Sachs is positioned to capture a far larger payday through its exclusive power to allocate

Google News Business · 2mo ago
Nasdaq fast‑tracks SpaceX into index, S&P holds back

Nasdaq fast‑tracks SpaceX into index, S&P holds back

SpaceX’s $75 billion IPO will be added to the Nasdaq 100 within weeks, while the S&P 500 will keep it out for at least a year, forcing many Canadian ETFs to buy the stock early.

Globe and Mail Business · 2mo ago
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World Bank Cuts Global Growth to 2.5%, Warns of 1.3%

The World Bank slashed its global growth forecast to 2.5% and warned that war‑related market fallout could push growth down to 1.3%, sparking concerns of a looming “lost decade” of stagnation.

Google News Business · 2mo ago
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Warsh, Trump's New Fed Chair, Backed Rate Cuts

Trump tapped Kevin Warsh to chair the Federal Reserve, rewarding a nominee whose public stance on monetary policy aligned with the president's long-running demand for rate cuts.

Google News Business · 2mo ago
SEC Moves to Rescind NMS Trade-Through, Locked-Crossed Rules

SEC Moves to Rescind NMS Trade-Through, Locked-Crossed Rules

The SEC on June 11, 2026 proposed rescinding two core Regulation NMS rules — the trade-through prohibition (Rule 611) and the locked/crossed quote restrictions (Rule 610(e)) — citing two decades of un

SEC Press · 2mo ago

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