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Finance News — Page 180
SK Hynix US Stock Jumps 20%, Trades 40% Premium to Korea
SK Hynix's U.S.-listed shares jumped 20% on their Nasdaq debut, trading at a 40% premium to its Korean shares as the memory-chip supplier behind Nvidia's AI servers entered the American market.
SK Hynix Options Debut as Top Trades Go Bearish
SK Hynix options debuted on Cboe with roughly 150,000 contracts by midday, but leveraged single-stock ETFs absorbed much of the speculative demand that might have otherwise flowed into calls.
Lucid Stock Plunges 40%+ on Bankruptcy Report; Company Denies
Lucid Motors stock cratered more than 40% Tuesday after an EV-focused outlet reported the company was weighing bankruptcy or going private via AlixPartners, a claim Lucid forcefully denied as 'complet
US Stocks Steady as Inflation Cools to 3.5%, IBM Plunges
US stocks held steadier after June inflation data showed a slowdown to 3.5% aided by lower gasoline prices, though IBM shares plunged and Fed Chair Warsh cautioned the improvement isn't 'mission accom
US Inflation Drops to 3.5% on Gas Prices
U.S. inflation cooled to 3.5% in June as gas prices fell, but renewed Middle East conflict and surging oil prices threaten to reverse gains, complicating the Federal Reserve’s path on interest rates.
Warsh Vows Inflation Fight, Stays Mum on Rate Hikes
Fed Chair Kevin Warsh told Congress on Tuesday the central bank is determined to bring inflation down but offered no clarity on whether more interest rate hikes will be needed to get there.
Mizuho Cuts Circle Target to $50 on OpenUSD Threat
Mizuho downgraded Circle to underperform and slashed its price target to $50 from $85, warning that OpenUSD's pass-through yield model could compress Circle's margins by redistributing reserve income
Bitcoin Jumps to $64K on Fed Pause Bets After CPI Drops 0.4%
Bitcoin rose above $64,000 as U.S. inflation cooled by 0.4% in June, the largest monthly drop since 2020, reducing pressure on the Fed to hike rates at its upcoming meeting.
Palihapitiya: AI token spend will hit company earnings
Tech investor Chamath Palihapitiya warned on CNBC that unchecked AI token consumption by employees could surface as an unexpected hit to corporate earnings, catching CEOs and CFOs off guard.
Earnings season plays: Profit expectations are growing for these stocks while their valuations get cheaper
Wall Street analysts are raising earnings estimates for stocks whose share prices have slumped, and HSBC has identified 24 names — including Netflix and T-Mobile — where rising estimates meet cheaper
IBM stock craters 23% after issuing second-quarter earnings warning
IBM shares plunged 23% after the company warned of preliminary Q2 results missing Wall Street expectations on both earnings and revenue, with CEO Arvind Krishna blaming clients shifting spending towar
F1's Lindblad still doesn't have a driver's license
Racing Bulls driver Arvid Lindblad, a Formula 1 rookie, revealed in a Sky Sports interview that he does not yet hold a driver's license and is determined to pass his test.
U.S. CPI slowed more than expected in June as gasoline prices retreated
U.S. inflation slowed more than expected in June due to falling gasoline prices, but renewed Middle East tensions and rising oil costs threaten to reverse the trend, keeping Fed rate hikes in play.
U.S. June CPI Drops 0.4%, Cooling Fed Rate Hike Bets
U.S. June CPI fell 0.4%, far exceeding the 0.1% drop economists forecast and marking a sharp reversal from May's 0.5% gain, effectively killing the building expectation of a Fed rate hike at the late-
JPMorgan Posts Record $21.2B Quarterly Profit
JPMorgan Chase posted $21.2 billion in Q2 net income — the largest quarterly profit ever recorded by a US bank — as trading and underwriting revenue surged on AI-related dealmaking, with CEO Jamie Dim
India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it
India's headline CPI inflation hit 4.38% in June 2026, but a simple weight-based calculation shows individual cost-of-living increases can far exceed that figure depending on personal spending pattern
JPMorgan Posts Record Profit on $6B Trading Haul
JPMorgan posted its highest-ever quarterly profit in Q2 2026, powered by an 86% surge in equities trading to $6.03 billion and a $4.6 billion gain on its long-held Visa stake.
Live updates: Bitcoin rises past $63,000 after inflation softened in June
Bitcoin surged past $63,000 as June's unexpectedly soft inflation data sharply reduced odds of a July rate hike, reshaping market expectations around Fed policy.
ORCL at 14-Month Low as Retail Slams $300B OpenAI Deal
Oracle's stock sank to a 14-month low as Stocktwits retail traders labeled the company's $300 billion OpenAI deal a "liability" amid concerns over high debt and execution risks.
Ayotte Signs NH 'Blockchain Basic Laws' Into Law
New Hampshire Governor Kelly Ayotte signed the "Blockchain Basic Laws" act (HB 639), bolstering the state's crypto-friendly posture with self-custody protections and a specialized blockchain dispute c
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