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Finance News — Page 17
World Liberty Trust Gets Bank Status in First for President
Trump-linked crypto venture World Liberty Trust received bank status in what ABC News called an unprecedented move for a sitting president. CNN reports lawmakers and watchdogs condemned the decision b
Wealth Managers Judge Crypto by Fundamentals, Not Market Cap
Crypto investors and wealth managers are abandoning CoinMarketCap-style rankings in favor of fundamentals — examining revenue, usage, and value capture when allocating across tokens, executives from B
From ₹1 lakh to ₹34 lakh in Nifty 100 over two decades: What the 2008 and Covid crashes teach investors
A ₹1 lakh investment in India's Nifty 100 Total Return Index in 2003 grew to ₹34.46 lakh by June 2026 at a 16.2% CAGR, weathering crashes including a 61% fall during the 2008 Global Financial Crisis.
Maker of ice cream sold at grocery stores nationwide files for bankruptcy as it appeals $23.8M judgment - Fox Business
A major ice cream brand sold at Walmart, Kroger, and Target filed for Chapter 11 bankruptcy while simultaneously appealing a $23.8 million court judgment stemming from a lawsuit.
SEBI's Singh: MFDs Are Investors' Behavioural Anchor
SEBI Whole-Time Member Amarjeet Singh told distributors at an NJ Group-FICCI event that they serve as a behavioural anchor for investors, helping curb panic decisions while India's mutual fund AUM has
3 energy dividend stocks top Wall Street analysts are buying
Top Wall Street analysts have three energy-sector dividend stocks — Phillips 66, Crescent Energy, and Viper Energy — as buy-rated picks for steady income amid market volatility tied to Middle East ten
Secret outperformer: Dispelling the 'myths' about an unloved stock market
Goldman Sachs argues European equities have quietly outperformed the S&P 500 since 2025, publishing a note dispelling 'myths' about investing in the continent even as Europe's autos sector plunges.
Malaysia GDP Grows 6% on Chipmaking, Data Centers
Malaysia's economy grew 6% in Q2, propelled by AI-linked sectors — chipmaking-fueled manufacturing and data-center-driven construction — positioning the country as an emerging AI hub.
Strategist: AI Bubble Is a 'Rolling Sequence of Bubbles'
A strategist argues the AI market isn't experiencing a single bubble but rather a 'rolling sequence of bubbles,' even as Goldman Sachs notes AI spending isn't boosting corporate earnings.
Active Fund With 800 Stocks Beats Major Indexes
An active fund holding roughly 800 stocks is outperforming major U.S. indexes, illustrating how active management and broad diversification are gaining traction as market leadership widens beyond mega
Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price
Chinese robot maker Unitree is heading for a Shanghai IPO at roughly $9 billion, while crypto traders on Hyperliquid are pricing the same company at nearly $38 billion via pre-IPO perpetual contracts.
Montreal port expansion construction progresses as part of federal ‘nation-building’ projects
Construction is underway on the $2.3-billion Port of Montreal expansion at Contrecoeur, the first federal 'nation-building' project to break ground, with a new stone jetty now being built in the St. L
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
Russia banned cryptocurrency mining in Moscow, the surrounding region, and parts of Kursk through the end of 2032, citing power-grid strain from energy-intensive mining facilities.
Anthropic’s IPO valuation tied to 2028 revenue forecast of $190B - $200B: Reuters - Seeking Alpha
Anthropic's prospective IPO valuation hinges on a $190–200 billion revenue forecast for 2028, per Reuters sources, as the company reportedly posted Q2 revenue above $11.5 billion.
Disney CEO D'Amaro Calls Parks a 'Big Surprise'
Disney CEO Josh D'Amaro told CNBC the parks division was a "big surprise" last quarter, claimed the company now has "clarity" and "stability," and acknowledged he and investors are "not happy" with th
CEO Elon Musk Just Announced Great News for SpaceX Stock Investors - Yahoo Finance
Elon Musk projects SpaceX revenue will rise 53-fold to $1 trillion by 2030 and is pushing a 10GW infrastructure buildout by 2027 aimed at $300B in ARR, even as SpaceX stock trades 33% below its high.
S&P Hits 7,800 as Intel, Nvidia Deals Drive AI Trade
The S&P 500 crossed 7,800 for the first time, capping its third straight winning week as benign July inflation data gave the Fed room to wait while Intel's $20B stock sale and Nvidia's $500B AI financ
Goldman flags Sandisk as top post-earnings pick
Goldman Sachs flagged top stock picks following second-quarter earnings, with Sandisk emerging as a standout as the flash memory maker's stock surged on a bullish outlook and mid-to-high-teens revenue
Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin
The OCC conditionally approved a national trust charter for World Liberty Trust Company, a Trump-linked crypto venture that plans to issue and redeem its USD1 stablecoin from a Florida base, though th
Reddit Stock Surges on S&P 500 Inclusion
Reddit's stock is surging after its addition to the S&P 500, though the index inclusion has not resolved the company's core business challenges.
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