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Finance News — Page 196
Small finance banks top senior citizen FDs at 8.50%
Small finance banks are offering senior citizen fixed deposit rates as high as 8.50% in July 2026, outpacing private and public sector lenders, as the RBI holds policy rates steady.
Sovereign Wealth Funds Tap Bitcoin ETFs Over Direct Crypto
Sovereign wealth funds access digital asset exposure mainly through regulated intermediaries such as spot bitcoin ETFs and crypto-exposed public companies, while direct token ownership stays rare.
Stablecoin Volume Hits Record $1.79T in June
Stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa's adjusted methodology, with Coinbase's Base network narrowly leading Ethereum at $565 billion.
Ether leads crypto's hold above key levels as bitcoin steadies over $63,000
Ether outpaced major cryptocurrencies with a 12% weekly gain as bitcoin held above $63,000 and the broader crypto market decoupled from a stalling AI-driven stock rally.
Central bankers warn AI outpaces finance rulemaking
European central bankers and regulators warned that rapid advances in agentic AI could destabilize financial markets and outpace traditional rulemaking, urging new guardrails including potential circu
SK Hynix Targets AI Investors in $29 Billion US Listing
SK Hynix is pursuing a $29 billion US listing aimed at AI-focused investors, with the company weighing a 0.5% fee payout on its Nasdaq ADR offering.
SK Hynix Launches $28B Nasdaq Listing on AI Boom
SK Hynix is set to raise about $28 billion through a Nasdaq ADR listing starting Friday, positioning itself as the second-largest share sale globally behind only SpaceX's recent IPO.
Samsung Q2 Profit Set to Jump 18-Fold on AI Memory Boom
Samsung Electronics is projected to post an estimated 86 trillion won ($56.35 billion) Q2 operating profit — an 18-fold jump from a year earlier — driven by a memory chip shortage fueled by AI demand,
Chip stocks slump on Anthropic-Samsung rumor; Cramer picks Intel
A pre-July 4th report that Anthropic is in talks with Samsung for a custom AI chip triggered a broad chip-stock selloff Thursday, and Jim Cramer argues the reaction was overblown and is backing Intel.
Thai Tourism Stocks Recover on US-Iran De-Escalation
Thailand's tourism, hospitality, aviation, and hospital stocks are positioned for recovery as US-Iran de-escalation pushes oil prices down, Q3 airline seat capacity expands, and hotel RevPAR turns pos
SK Hynix seeks access to AI investors in $29 billion U.S. listing - Fortune
South Korea's SK Hynix is planning a roughly $28-29 billion U.S. stock listing aimed at AI-focused investors, following a nearly 800% surge in its share price tied to AI memory chip demand.
Buffett Warns Markets in 'Most Gambling Mood' Ever
Warren Buffett warned at Berkshire Hathaway's first AGM under CEO Greg Abel that stock markets have never been in a more "gambling mood," urging investors to avoid speculative bets like one-day option
Couple declined family help and bought a $770,000 Pickering townhouse on their own
A 29-year-old woman and her 27-year-old husband bought a $770,000 freehold townhouse in Pickering, Ont. in March, putting down about 7% after declining family financial help and using a commission-reb
July 4th Sales Hit 70% Off: Editor-Curated Deals
NBC Select's editors round up the best 4th of July sales, featuring discounts up to 70% off at major retailers like Amazon, Home Depot, and Dick's Sporting Goods, with curated picks spanning bedding,
Levi, Pepsi, Delta Report; Fed Minutes, PMIs Due
Cramer's Investing Club previews a light week featuring Levi Strauss, PepsiCo, and Delta Air Lines earnings alongside Monday's services PMI releases, Wednesday's Fed minutes, and a semiconductor secto
Collateral, not yield, decides stablecoin winners
Falcon Finance's Artem Tolkachev argues the stablecoin industry is optimizing for the wrong metric—contending that collateral acceptance, not headline yield, will determine which dollar tokens become
Michael Burry Quotes Joker, Says AI 'End Is Nigh'
Investor Michael Burry escalated his criticism of the AI trade over the weekend with a social media post quoting the Joker from Tim Burton's "Batman," signaling he sees a market peak.
Portnoy Vows to Hold Bitcoin 'Down to Zero'
Barstool Sports founder Dave Portnoy said on FOX Business he will hold Bitcoin "all the way down to zero" after buying near $100,000 and watching it crash to $63,000, blaming his own bad market timing
Kraken Accepts Tokenized Stocks as Collateral
Kraken now allows traders to post tokenized stocks as collateral to open leveraged trading positions on its platform.
Kalshi Hits $9B June Volume Amid Regulatory Battle
Kalshi posted a record $9B+ in June trading volume, fueled by World Cup knockout matches, as prediction markets simultaneously face a multi-front regulatory battle between states, federal regulators,
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