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CXMT Jumps 466% in Shanghai Debut, Tops ICBC Valuation
Chinese DRAM chipmaker CXMT rocketed roughly 466% on its Shanghai STAR Market debut, raising $8.6 billion and overtaking ICBC to become China's most valuable listed company at a 3.3 trillion yuan mark
Here's the tech stock to buy in a market losing patience with tech
Jim Cramer argues that Friday's tech selloff — driven by investor frustration with massive AI capex that hasn't yet shown returns — makes Intel the right stock to buy as data centers shift toward CPU-
Singapore Tightens Policy Again on Oil Inflation
Singapore's central bank unexpectedly tightened monetary policy for a second straight meeting, acting preemptively against renewed oil-driven inflation risks despite subdued domestic price pressures.
Oil Sinks 5% as U.S.-Iran Pause Attacks; Futures Rally
Oil prices tumbled nearly 5% and U.S. stock futures climbed as Washington and Tehran paused two weeks of tit-for-tat strikes over the weekend, while investors also positioned for the Fed's policy meet
CXMT Soars 470% in Shanghai Debut, Hits $487B Market Cap
Chinese memory chipmaker ChangXin Technology Group (CXMT) soared as much as 470% in its Shanghai STAR Market debut, vaulting its market capitalization to roughly $487 billion and making it the most va
Shein posts $99m loss after Trump kills de minimis
Fast-fashion giant Shein reported a $99m quarterly loss as Trump's removal of the de minimis import duty exemption on small packages hit US sales, even as customer growth and order volumes continued t
China industrial profit growth slows again in June as retreating oil prices sap earnings lift
China's industrial profits grew 15.1% year-on-year in June, slowing for a second straight month as easing oil prices pulled producer prices down 0.3% month-on-month, raising doubts about the durabilit
Perry Warjiyo resigns as Bank Indonesia governor
Bank Indonesia Governor Perry Warjiyo has resigned mid-second-term, with President Prabowo Subianto accepting his departure and senior deputy governor Destry Damayanti taking over as interim head.
United Airlines approached Delta about potential merger
United Airlines reportedly approached Delta Air Lines last year about a potential merger, per Fox Business, though the article's body text is truncated beyond the opening sentence.
Bitcoin Falls 48% as Mainstream Crypto Boom Fails
Roughly 9% of Americans now own cryptocurrency, nearly half of those who ever have, a new Urban Institute report finds — despite Trump's push to make the U.S. the 'crypto capital of the planet' and fe
Fed Braces for July Meeting Split as Oil Surges
Federal Reserve officials head into their July 28-29 policy meeting facing a renewed surge in price pressures as Middle East tensions push oil higher, threatening to turn what had looked like a straig
United Approached Delta on Merger Last Year
United Airlines CEO Scott Kirby approached Delta Air Lines CEO Ed Bastian last year about a merger that would have combined the two most valuable U.S. carriers, but the talks did not advance.
Russia’s Sberbank to launch crypto trading infrastructure this year
Sberbank, Russia's largest bank, plans to launch cryptocurrency trading infrastructure including a digital depository by Dec. 1 as Russia formalizes its first comprehensive crypto market framework.
For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement
Gen X investors face a growing retirement crisis as portfolios heavily concentrated in S&P 500 funds now sit atop record AI stock concentration that mirrors the dotcom era, with advisors warning a los
Some high-earning investors will soon owe taxes on years of deferred capital gains
High-earning investors in Qualified Opportunity Funds face a $75 billion tax bill by Dec. 31, 2026, as the deferral period created by the 2017 Tax Cuts and Jobs Act comes to a close.
CFTC warns prediction markets again over template contracts
The CFTC issued its second warning in months to prediction market platforms like Kalshi, Polymarket, and Coinbase, telling them to stop filing broad, template-style self-certifications for event contr
Alphabet Plunges 7% as $205B AI Capex Wipes Out Cash Flow
The tacit deal letting Big Tech splurge on AI while shareholders cheered has broken: Alphabet's plan to spend up to $205 billion on AI infrastructure this year drove free cash flow negative for the fi
Dimon: 10-Year Yields Should Stay Above 4-4.5% Even at 2% Inflation
Jamie Dimon argues 10-year Treasury yields should stay above 4.0–4.5% even at 2% inflation due to risk premiums, prompting Seeking Alpha analyst Leo Nelissen to lean into selective stock picks over br
Fed Rate Hike Odds Surge as Oil Prices Rise
Multiple outlets report surging odds of a Fed rate hike at this week's meeting, driven by rising oil prices and positioning bond traders on edge.
Intel Q2 Revenue Jumps 25%, Goldman Holds Neutral
Intel posted its strongest quarterly revenue growth in over 15 years with a Q2 beat across all major segments, prompting Goldman Sachs to raise estimates by 49% — yet the firm held a Neutral rating an
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