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Finance News — Page 165

Asia-Pacific markets slide as oil spikes

Asia-Pacific markets slide as oil spikes

Asia‑Pacific equity markets fell Thursday, echoing Wall Street losses, as renewed Iran‑U.S. hostilities lifted oil prices. West Texas Intermediate rose over 2% to $96.02 and Brent to $97.81 before sli

CNBC · 2mo ago
Polymarket Votes No on May Bitcoin Sale, Yes on June

Polymarket Votes No on May Bitcoin Sale, Yes on June

Polymarket settled the dispute over Strategy’s bitcoin sale by declaring the May 31 contract “No” and the June 30 contract “Yes,” after UMA token holders voted that the June 1 public disclosure date,

CoinDesk · 2mo ago
SpaceX says it's worth $1.75tn as it targets largest stock market debut

SpaceX says it's worth $1.75tn as it targets largest stock market debut

SpaceX filed an IPO prospectus proposing a $135 share price, which would value the company at roughly $1.75 trillion. The offering seeks to raise about $75 billion, a record‑breaking amount, and is sl

BBC Business · 2mo ago
AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

AI firms are gearing up for massive Wall Street debuts, with SpaceX targeting a $75 billion IPO after its merger with xAI, and Anthropic filing a confidential IPO registration after a $965 billion val

AP News · 2mo ago
SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns

SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns

SoftBank’s AI‑centric strategy has lifted its shares 70% and pushed it past Toyota in market value, but the conglomerate’s mounting debt—about $104 billion—and a 30% portfolio exposure to OpenAI have

CNBC · 2mo ago
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Bitcoin slipped under $62,000 during Asian trading, triggering over $1.5 billion in leveraged crypto liquidations across more than 208,000 traders. At the same time, U.S. spot bitcoin ETFs saw about $

CoinDesk · 2mo ago
Inside India newsletter: Why Taiwan and South Korea's stock markets have surged past India within a week

Inside India newsletter: Why Taiwan and South Korea's stock markets have surged past India within a week

India’s equity market has slipped behind Taiwan and South Korea as AI‑driven giants like TSMC, Samsung and SK Hynix push valuations above $1 trillion while India wrestles with a weaker rupee, higher i

CNBC · 2mo ago
Broadcom Shares Drop After Earnings, AI Forecast Steady

Broadcom Shares Drop After Earnings, AI Forecast Steady

Broadcom’s Q2 earnings beat revenue expectations thanks to strong AI chip demand, but software sales fell short. The mixed results sent the stock tumbling, even as the company kept its AI chip forecas

Google News Business · 2mo ago
Jim Cramer warns AI capital surge could stall market

Jim Cramer warns AI capital surge could stall market

Jim Cramer warned that a wave of AI‑related capital raises could create a near‑term headwind for stocks, arguing that excess supply is the easiest way to kill a bull market. He cited upcoming IPOs fro

CNBC · 2mo ago
SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX filed to price its IPO at $135 per share, selling 555.6 million shares to raise roughly $75 billion and value the company at $1.75 trillion. The offering would bring the firm’s 18,712 bitcoin,

CoinDesk · 2mo ago
SpaceX Sets $135 Share Price, Valuing at $1.77T

SpaceX Sets $135 Share Price, Valuing at $1.77T

SpaceX filed an SEC registration fixing its IPO price at $135 per share, a valuation of $1.77 trillion that would make it the seventh‑largest U.S. company and the biggest public offering ever.

CNBC · 2mo ago
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Oil prices climb back toward $100, and US stocks halt their record-breaking rally - AP News

Oil prices rose back toward $100 per barrel while US stock futures for the Dow, S&P 500 and Nasdaq slipped, halting a record‑breaking rally. The market shift reflects heightened concerns over a possib

Google News Business · 2mo ago
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Broadcom AI Revenue Jumps 143% as Shares Drop 13%

Broadcom posted record Q2 earnings and a 143% surge in AI revenue, yet its shares tumbled over 13% after the company warned of margin pressure and a potential supply‑chain shift at Google.

Google News Business · 2mo ago
S&P 500 Falls 0.7%, Historic 9-Week Win Streak at Risk

S&P 500 Falls 0.7%, Historic 9-Week Win Streak at Risk

The S&P 500 fell 0.7% on Wednesday, erasing its weekly gains and putting its nine-week winning streak at risk, as renewed Iran tensions lifted oil prices and Treasury yields.

MarketWatch · 2mo ago
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Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend - Broadcom

Broadcom Inc. released its second‑quarter fiscal year 2026 earnings and announced a quarterly dividend. The company’s software revenue fell short of expectations, prompting the stock to slip, while in

Google News Business · 2mo ago
Bitcoin copying 2022 'almost perfectly' as trader sees key support failing

Bitcoin copying 2022 'almost perfectly' as trader sees key support failing

Bitcoin is trading near two‑month lows around $65,362, echoing the 2022 bear market pattern. Traders including Rekt Capital, Leviathan, Killa and Paradox warn that the 50‑month EMA at $66,628 is losin

Cointelegraph · 2mo ago
loracle.hl loses $46M, goes long on HYPE, ZEC, NEAR

loracle.hl loses $46M, goes long on HYPE, ZEC, NEAR

Crypto whale loracle.hl closed his HYPE short, cementing a $46.46 million loss and paying $54,000 in funding fees. He then turned bullish, opening leveraged long positions in HYPE, ZEC and NEAR that t

Cointelegraph · 2mo ago
Binance, Alpaca seal revenue‑share for tokenized stocks

Binance, Alpaca seal revenue‑share for tokenized stocks

Binance announced a revenue‑sharing partnership with Alpaca for its tokenized stock and ETF platform. Alpaca holds $480 million in assets under custody, representing 29 % of the $1.62 billion tokenize

Cointelegraph · 2mo ago
Payward Services Opens Tokenized IPOs to Global Retail

Payward Services Opens Tokenized IPOs to Global Retail

Payward Services, the parent of Kraken, will issue tokenized shares of upcoming US IPOs through its xStocks platform, letting retail investors worldwide buy IPOs without a traditional brokerage. The r

Cointelegraph · 2mo ago
What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock

What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock

San Francisco and nearby Bay Area homes are being listed with the option to accept Anthropic or OpenAI shares instead of cash, reflecting the soaring valuations of these AI firms. Agents and sellers,

Wired · 2mo ago

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