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Finance News — Page 176

European Stocks Slip 0.5% as Iran Peace Talks Stall

European Stocks Slip 0.5% as Iran Peace Talks Stall

European markets slipped as investors weighed mixed signals on a potential Iran peace deal. US Secretary of State Marco Rubio highlighted diplomatic progress, while President Trump and the White House

CNBC · 2mo ago
Fed's Kashkari: Inflation priority, labor market OK

Fed's Kashkari: Inflation priority, labor market OK

Fed Minneapolis President Neel Kashkari warned that inflation remains too high and must stay the Fed’s top focus, even as the labor market stays “decent.” He traced the price surge to energy and ferti

CNBC · 2mo ago
U.S. Strikes in Iran Pull Asian Markets Lower

U.S. Strikes in Iran Pull Asian Markets Lower

Fresh U.S. strikes on a site in the Strait of Hormuz sparked a wave of market turbulence. Asian equity indexes plunged and oil prices surged, while U.S. futures edged higher and the Dow, S&P 500 and N

CNBC · 2mo ago
Gold price falls 0.8% to $4,419.60 as US dollar rises

Gold price falls 0.8% to $4,419.60 as US dollar rises

Gold slipped 0.8% to $4,419.60 per ounce and silver fell 1.7% to $73.34 as a stronger US dollar and a fresh US attack on Iran spooked markets, feeding inflation worries and prompting Fed officials to

Mint · 2mo ago
Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations

Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations

U.S. airstrikes on Iran reignited tensions that had been easing after a brief cease‑fire, sending Bitcoin below $73,000 and wiping out nearly $1 billion in leveraged crypto positions. The shock ripple

CoinDesk · 2mo ago
Google worker charged for using internal data to make $1.2m on Polymarket

Google worker charged for using internal data to make $1.2m on Polymarket

A Google security engineer, Michele Spagnuolo, was arrested and charged with insider trading after using confidential Google marketing data to win $1.2 million on the crypto‑based prediction market Po

BBC Business · 2mo ago
Google employee charged with $1M Polymarket insider trading bet on search term

Google employee charged with $1M Polymarket insider trading bet on search term

Amid Google’s aggressive rollout of Gemini AI across Chrome and Mac, senior security engineer Michele Spagnuolo was arrested for allegedly using confidential Year‑in‑Search data to net $1.2 million on

CNBC · 2mo ago
Salesforce's beat fails to convince the market that software can survive AI

Salesforce's beat fails to convince the market that software can survive AI

Even as geopolitical tensions and tight U.S. energy supplies keep markets volatile and the S&P 500 at record highs, Salesforce delivered a solid Q2 beat but failed to convince investors that its AI pu

CNBC · 2mo ago
Salesforce beats on earnings and revenue but full-year guidance comes in light

Salesforce beats on earnings and revenue but full-year guidance comes in light

Salesforce posted a strong Q2, delivering adjusted EPS of $3.88 and revenue of $11.13 billion, both beating analyst forecasts. However, its FY2024 outlook—$14.06‑$14.12 EPS and $45.9‑$46.2 billion rev

CNBC · 2mo ago
Rocket Lab Soars 400% as Space Stock Shorts Get Crushed

Rocket Lab Soars 400% as Space Stock Shorts Get Crushed

Space stocks led by Rocket Lab are squeezing short sellers hard, with Barron's framing the surge as a final speculative act ahead of an anticipated SpaceX IPO and warning it mirrors the EV bubble.

Google News Business · 2mo ago
Low-income households face ‘remarkable’ rise in food insecurity in K-shaped economy: New York Fed

Low-income households face ‘remarkable’ rise in food insecurity in K-shaped economy: New York Fed

A New York Fed analysis links the K‑shaped recovery to a sharp rise in food insecurity, with low‑ and middle‑income families squeezed by soaring housing, food and utility costs. The USDA reports 14% o

CNBC · 2mo ago
Salesforce Earnings May Ease AI Concerns, Stock Dips 0.1%

Salesforce Earnings May Ease AI Concerns, Stock Dips 0.1%

Salesforce's upcoming earnings report may ease AI-related concerns and boost its stock, though shares slipped 0.1% after the pre‑market announcement; analysts note the company's low valuation, 13× ear

Google News Business · 2mo ago
JPMorgan, BofA CEOs Predict Trading Windfalls

JPMorgan, BofA CEOs Predict Trading Windfalls

JPMorgan and Bank of America CEOs are heralding a fresh wave of trading windfalls, underscoring a robust uptick in trading volumes. The optimism is reflected in JPMorgan’s 13% Q1 profit surge and BofA

Google News Business · 2mo ago
Bears load up bets against small-cap stocks ahead of economic data releases

Bears load up bets against small-cap stocks ahead of economic data releases

While the S&P 500 sits at record highs and the Nasdaq enjoys a 12‑day winning streak, small‑cap investors are feeling the pressure. Options traders have flooded the IWM market with puts, betting on a

CNBC · 2mo ago
Bitcoin price threatens $75K loss as US-Iran peace progress sparks new stocks records

Bitcoin price threatens $75K loss as US-Iran peace progress sparks new stocks records

Bitcoin slipped below $75k after news of a US‑Iran peace memorandum, while US equities surged to record highs and oil fell to $87.77 as hopes rose for the Strait of Hormuz to reopen. Traders on X warn

Cointelegraph · 2mo ago
BTC Prague 2026: Europe’s leading Bitcoin conference expands its cultural reach

BTC Prague 2026: Europe’s leading Bitcoin conference expands its cultural reach

Amid Bitcoin trading near $76,000, BTC Prague 2026 returns to the PVA Expo with 8,500 participants and a new Bitcoin Living Masterclass that widens the agenda to health, AI, and personal sovereignty.

Cointelegraph · 2mo ago
GENIUS Act Reprices Bitcoin Premium, ETH Staking Shift

GENIUS Act Reprices Bitcoin Premium, ETH Staking Shift

The GENIUS Act, originally a stablecoin regulator, has been shown to reprice Bitcoin’s monetary premium, tightening its valuation, as Ravi Tanuku explains. Meanwhile, miners are redirecting hash power

CoinDesk · 2mo ago
Dow Up 200 Points Record as Oil Falls, Rally Pauses

Dow Up 200 Points Record as Oil Falls, Rally Pauses

U.S. equities surged, with the Dow hitting a fresh record after climbing 200 points, while oil prices slipped amid U.S.–Iran talks. The chip rally lost steam, tempering the S&P 500, and the Nasdaq saw

Google News Business · 2mo ago
Robinhood launches AI Agentic Trading, Credit Card

Robinhood launches AI Agentic Trading, Credit Card

Robinhood is rolling out AI‑driven Agentic Trading and an Agentic Credit Card, allowing third‑party AI agents to manage portfolios and make purchases on behalf of retail investors. The firm adds guard

CoinDesk · 2mo ago
MIT Review’s The Download Delivers Daily AI News

MIT Review’s The Download Delivers Daily AI News

MIT Technology Review’s daily newsletter, The Download, promises a concise, AI‑focused briefing to help readers keep pace with rapid tech developments. The edition emphasizes staying on top of AI tren

MIT Technology Review · 2mo ago

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