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Finance News — Page 159
Oil Hits $100, Alphabet FCF Flips Negative, Nasdaq Drops 2.6%
Oil crossed $100 on July 23 after Houthi attacks on Red Sea tankers — and the rest of the market broke with it. Alphabet posted negative $5.9 billion in free cash flow while raising 2025 capex to $195
Demat Account Growth Slows as SIP Inflows Hit Record High
India's new demat account openings dropped below 20% growth last year after five years above 30%, but ClearTax CEO Archit Gupta argues the moderation signals a healthy shift from speculative trading t
Does crypto make your portfolio less risky? Only if you do it right, experts say
A new Urban Institute survey finds 45% of crypto investors hold digital assets primarily for diversification, though experts warn the benefit depends on small allocations and is eroding as bitcoin's s
North Korea Arrests Cyber Operators in State Bank Hack
North Korea has arrested former state cyber operators accused of hacking the country's central bank and Foreign Trade Bank and laundering stolen funds through cryptocurrency via China-based brokers, a
Best Senior Citizen FD Rates at SFBs and PSU Banks
Indian small finance banks like Equitas, Shivalik and Jana are offering competitive fixed deposit rates for senior citizens, while several public-sector and private lenders add extra interest for supe
Fidelity Backs CLARITY Act, Joins Crypto Push
Fidelity, the world's third-largest asset manager with $7.1 trillion in managed assets, urged the US Senate on Friday to pass the CLARITY Act, joining a growing coalition of crypto firms and industry
Dango’s perp DEX taps out nearly 4 months after launch
Dango's perpetual DEX has shut down roughly four months after launch, holding just under $391,000 in open interest, joining a wave of July crypto platform closures that also swept up 11-year-old perpe
Robinhood Chain RWA Value Jumps Fivefold to $70M
Robinhood Chain's real-world assets quintupled to roughly $70 million in under two weeks, with a dozen tokenized equities led by GameStop, Nvidia, and SpaceX now trading meaningful daily volume, thoug
Musk Won't Rule Out Tesla-SpaceX Merger on July 22 Call
During Tesla's July 22 earnings call, Elon Musk was asked about a potential Tesla-SpaceX merger and declined to rule it out, while simultaneously stating the two companies "can't talk about" a deal on
Dow and S&P 500 Rise as Trump Tariffs Take Effect
US stocks closed a volatile week with the Dow up 0.7% and S&P 500 up 0.5% while the Nasdaq stayed flat, as President Trump's new Section 301 global tariffs took effect overnight and oil prices eased f
Nasdaq Drops on Chip Sell-Off; Oil Falls
US stocks closed mixed on Friday as a memory chip sell-off and lingering Iran fears kept the S&P 500 nearly flat, while crude oil prices fell for the first time in a week and Treasury yields declined.
House Passes Bill Banning Lawmaker Stock Trades
The US House passed the Stop Insider Trading Act in a 232-198 vote, sending to the Senate a bill that would bar members of Congress, their spouses and dependent children from buying publicly traded st
1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending
Alphabet kicked off Big Tech earnings by raising its 2026 capex forecast to $190-205 billion and posting its first-ever negative quarterly free cash flow, intensifying investor scrutiny of AI spending
Moody's: AI Spending Threatens Tech Credit
Moody's warned that "unprecedented" AI spending threatens the credit quality of Amazon, Meta, Alphabet, and other major US tech firms, as their hidden debts tied to opaque AI funding climb to $1.65 tr
Bitcoin ETFs Shed $225M, Ending Seven-Day Inflow Streak
Spot Bitcoin ETFs lost $225.2 million on July 23, ending a seven-day inflow streak that had pulled in nearly $1 billion, as escalating U.S.-Iran tensions and elevated oil prices triggered a risk-off m
Micron Is A Strong Buy Again Because Of Kimi K3 (NASDAQ:MU) - Seeking Alpha
Multiple outlets covered Micron (NASDAQ:MU) this week, with the stock dropping on Friday and nearing bear-market territory while analysts at Seeking Alpha and Barchart published bullish takes pushing
Crypto Biz: Is the AI-to-crypto rotation underway?
Bernstein raised its Robinhood price target to $160 from $130, recasting the brokerage's growth thesis around tokenized assets and prediction markets rather than traditional crypto trading.
Bitcoin falls under $64K as surging US bond yields boost Fed rate-hike odds
Bitcoin slid below $64,000 on Friday as surging US Treasury yields — particularly the 2-year at 4.31% — amplified expectations of further Fed rate hikes, despite a weaker-than-expected CPI print.
India Orders Dorsey's Bitchat Takedown Over Protests
India's cybercrime agency ordered GitHub to remove three repositories for Jack Dorsey's offline Bluetooth mesh messaging app Bitchat, as Delhi student protesters use mesh tools to coordinate during ex
Fed Likely to Hold Rates, But Hike Odds Surge to 38%
The Federal Reserve is widely expected to hold its benchmark rate at 3.5%-3.75% at its July 29 meeting, but surging oil prices and rising inflation have investors increasingly betting that a rate hike
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