Finance·5,880 stories
Finance News — Page 16
Dow loses more than 270 points as oil prices pressure stocks amid rising Iran tensions - CNBC
Wall Street's major indices opened the week lower, with the Dow shedding more than 270 points as oil prices climbed amid renewed Iran tensions.
Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations
Japan's economy grew 1.1% annualized in the second quarter — its first full quarter absorbing the Iran war's energy-price shock — but the headline masks a domestic demand decline that economists warn
Oil Rises as Hormuz Shipping Drops After Iranian Attacks
Oil prices climbed as stalled US-Iran peace talks coincided with a sharp weekend drop in Strait of Hormuz shipping traffic following Iranian attacks.
Tech Stocks Rise as Fed Hike Expectations Cool
Technology shares lifted equities as Treasuries rose in a broad market advance, while the dollar slipped as markets pared Federal Reserve rate-hike risks and AI sentiment rebounded in the same session
Cramer: Memory Stocks Are Different This Time
Jim Cramer argues that memory and storage chipmakers — Micron, SanDisk, Seagate, and Western Digital — have permanently abandoned their boom-bust cycle through long-term supply agreements and aggressi
Citi Tells Thailand to Sharpen Strategy for FDI Race
Citi is urging Thailand to sharpen its economic strategy — focusing on speed, scale, and stability — to capture a larger share of global investment as multinational corporations diversify supply chain
a2 Milk Profit Drops 44% on China Formula Shortage
New Zealand-listed a2 Milk's stock tumbled after the company reported a 44% profit drop tied to China's infant formula shortage, though coverage is split on whether underlying revenue growth is holdin
Stripe Finalizes $7B+ OpenRouter Deal
Stripe Inc. has finalized a deal to acquire AI model marketplace OpenRouter for more than $7 billion, a sharp markup from OpenRouter's $1.3 billion valuation in May.
Eataly Silicon Valley Shut Down Over Cockroach Infestation
Bougie restaurant, located atop Eataly's California location, was shut down after cockroaches were found in the kitchen and later reopened following a health inspection visit.
LeBlanc Meets Greer as Wednesday Tariff Deadline Looms
Canada and U.S. negotiators met Sunday ahead of Wednesday's threatened 50% tariffs on $20 billion in Canadian goods, but key disputes over auto and lumber tariffs remain unresolved as Ottawa prepares
Here are the 2 big things we're watching in the stock market in the week ahead
As earnings season winds down, the Investing Club is focused on Home Depot's Tuesday report for housing-market signals and TJX's Wednesday release for a read on consumer health.
Hengli Group Tied as Top Importer of Sanctioned Iran Oil
China-based Hengli Group has been identified by analysts as the largest importer of sanctioned Iranian crude oil, according to multiple reports.
Nvidia Teams With Six Finance Giants on AI Compute
Nvidia has partnered with six major finance firms — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — to establish AI compute infrastructure, with the WSJ framing the arrangement as
VIX at 14.56 Defies 6% Oil Jolt as Analysts Warn of Tail Risk
Markets appear deceptively calm — the VIX sits at 14.56 despite a 6% oil jolt, yet analysts flag increased tail risk and fast-shifting investor sentiment beneath the surface.
The S&P 500 May Be Heading For A Major Volatility Shift This Week - Seeking Alpha
The S&P 500's current calm may be deceptive, with multiple outlets flagging that the VIX has gone silent while underlying investor sentiment is shifting rapidly, setting up a potential volatility shif
Maker of ice cream sold at grocery stores nationwide files for bankruptcy as it appeals $23.8M judgment - Fox Business
An unnamed ice cream manufacturer sold at major grocery chains nationwide filed for bankruptcy while contesting a $23.8 million judgment tied to a Van Leeuwen lawsuit.
Gulf Stocks Gain Despite Hormuz Shipping Slowdown
Most Gulf stock exchanges rose on the day even as Iran nuclear talks remained stalled, Strait of Hormuz shipping slowed following tanker attacks, and oil edged higher on lingering Middle East tensions
Micron: I Think We Could Get An Upside Breakout (NASDAQ:MU) - Seeking Alpha
Multiple financial outlets frame Micron bullishly as the memory chip giant approaches $1,000 per share on a $1.1 trillion valuation, even as it trades 23% below its 52-week high.
Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter - AP News
Berkshire Hathaway expanded its Alphabet position and bought homebuilder stocks in Q2, while also exiting Constellation, according to multiple reports covering the conglomerate's 13F filings.
Tyson Foods to close Eagle Mountain plant, impacting more than 700 Utah workers - KUTV
Tyson Foods is closing its Eagle Mountain plant in Utah, affecting more than 700 workers just five years after expanding to the state, while also selling its Tri-Cities area plant as the beef market s
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.