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S&P 500 gains after light inflation data, bounce in chip stocks: Live updates - CNBC
The S&P 500 and chip stocks rallied on July 14 after June inflation came in at 3.5%, matching 2020 lows as gasoline prices eased.
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
JPMorgan profit rises on deal-making, stock trading windfall
JPMorgan posted record Q2 profit of $21.2 billion, with investment banking fees up 30% and equity trading revenue surging 86%, driven by its role on SpaceX's record IPO and volatile markets.
US banks live: JPMorgan profits soar 41% on blockbuster trading revenues - Financial Times
JPMorgan Chase posted a 41% profit surge fueled by blockbuster trading revenues, with stock-trading alone generating a record $6 billion — marking the highest quarterly profit in US banking history.
Diversification Over Stock Picking to Drive Indian Wealth
An Equirus Wealth executive argues that traditional Indian wealth strategies—property, gold, fixed deposits, and equities—are giving way to diversified, goal-aligned portfolios as asset-class leadersh
Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto
Bitcoin consolidated around $62,600 as options markets signaled waning bullishness and a 10% KOSPI rout sent South Korean investors flooding into crypto, with Upbit volumes surging 1,426%.
Ericsson Slumps 8% as Component Costs Bite Margins
Ericsson shares fell 8% in Stockholm on Tuesday, the stock's worst earnings-day reaction in nearly three years, after the telecom-equipment maker blamed rising component costs — likely tied to the mem
Le Slip Français IPOs in Paris, Targets Shein
French underwear brand Le Slip Français debuted on Euronext Growth Paris on Tuesday at 14.80 euros per share, betting that locally made apparel can compete against ultra-cheap fast-fashion rivals Shei
Bitcoin bear market to bottom when stoch RSI hits zero, trader says
A trader predicts Bitcoin's bear market will bottom in 2026 when the two-month stochastic RSI reaches zero, citing repeated historical patterns in the indicator's behavior during past downturns.
How Spot Bitcoin ETFs Reshaped Institutional Access
An explainer outlines how spot bitcoin ETFs — funds holding actual bitcoin that began U.S. trading in January 2024 — removed custody and compliance friction, letting investors access bitcoin through o
Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report
Bitcoin and major cryptocurrencies fell 2%+ in 24 hours as traders lifted July Fed rate hike odds to roughly 50%, fueled by hawkish Fed remarks and a WTI crude surge past $80/barrel triggered by Trump
Chipotle Opens First Mexico Restaurant
Chipotle is opening its first restaurant in Mexico, marking a bold expansion into the country that inspired its menu, despite skepticism about its appeal in a market with authentic local alternatives.
S&P Maintains Indonesia Credit Rating
S&P maintained Indonesia's credit rating, citing temporary fiscal strains and expected recovery in revenue and exports, while the rupiah remains near historic lows amid investor concerns.
'Listing is a must': Chinese humanoid startups are rushing to launch IPOs
Chinese humanoid robot startup LimX Dynamics has raised $200 million in a pre-IPO funding round and is preparing for a Hong Kong listing, reflecting broader momentum in China’s rapidly expanding embod
SK Hynix Plunges After Nasdaq Debut
SK Hynix shares plunged on their second trading day after a Korea selloff cooled the memory chip euphoria that had greeted the chipmaker's blockbuster Nasdaq debut.
Jim Cramer says these 'Pavlovian trades' are the stocks that benefit when oil spikes
Jim Cramer identified 'Pavlovian trades' — stocks that historically rally when oil prices spike — after President Trump's announcement of a renewed Strait of Hormuz blockade drove crude up roughly 9-1
Cramer: Tech Still the Best Place for Big Market Winners
CNBC's Jim Cramer argued Monday that tech remains the market's best hunting ground for outsized gains, pointing to Meta's roughly 100-point monthly jump after it floated monetizing its AI infrastructu
Trump invested crypto gains in stocks and bonds as retail buyers lost on his risky ventures, filings show
President Trump's financial disclosures show he pocketed more than $1.4 billion from family crypto projects last year while parking the proceeds in stocks and bonds, even as retail investors in his cr
Bank of America Hires Nine Investment Bankers for Middle Market
Bank of America is expanding its investment banking team with nine new senior hires focused on the U.S. middle market, signaling a strategic push into a competitive sector.
Thailand's Grey Economy Sweep Targets USDT, Cash, Gold
Thailand's central bank is using data analytics to flag abnormally large stablecoin trades—particularly USDT—as part of a widening crackdown on illicit finance that also targets large cash withdrawals
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