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Finance News — Page 198
Cook survives 5-4; June jobs miss; Dow tops 52K
The S&P 500 capped its best quarter since 2020 on the same day the Supreme Court blocked Trump's unprecedented bid to fire Fed Governor Lisa Cook — a 5-4 ruling that preserved Federal Reserve independ
Bitcoin P&L Ratio Falls to 43-Month Low
Bitcoin's profit-and-loss ratio has fallen to a 43-month low, a signal analysts say could lift sentiment and may mark the market's bottom after its 50% drawdown from October's all-time high.
SOL rallies as Solana memecoins, prediction market activity surge: Are bulls back?
SOL rallied to a 30-day high of $83 on Friday, fueled by Solana's memecoin revival led by the ANSEM airdrop, record tokenized assets, and new prediction market launches, even as leveraged bullish bets
Gillibrand Seeks Ban on Politicians Launching Meme Coins
Sen. Kirsten Gillibrand is renewing her push to ban politicians and their spouses from issuing meme coins and other crypto assets, days after President Trump disclosed earning more than $1.2 billion f
‘Honebuto shock’: new term coined as Japan fiscal policy is probed
Japanese long-term government bonds briefly hit 2.81% on July 3—their highest yield in 30 years—prompting an analyst to coin the term "honebuto shock" and drawing sharp political pushback against the
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
Sanctioned Russian ruble-backed stablecoin A7A5 claims roughly $205 million in daily volume, but two major blockchain analytics firms say real activity has collapsed more than 90% since January and is
Two Lawmakers Disclose SpaceX Stock Buys After Record IPO
Two members of Congress — Rep. Dan Meuser (R-Pa.) and Rep. Gil Cisneros (D-Calif.) — have disclosed purchases of SpaceX stock in the days after the company's record $75 billion IPO, the first known co
Portnoy Down Millions on Bitcoin, Vows to 'Go Down With the Ship'
Dave Portnoy told Fox Business he's down millions on Bitcoin after buying at $100,000, calling it the thing he's been "most wrong about" in his trading career. This time, unlike his 2021 panic-sell, h
Micron Surges 755% as HBM Demand Outpaces 2028 Supply
Micron Technology's stock has surged roughly 755% over the past year as AI-driven demand for memory chips outpaces supply through 2028, leaving Wall Street overwhelmingly bullish even as the easy gain
Trump Discloses $1.4B in Crypto, Dismisses Grift Concerns
Donald Trump's 2025 financial disclosure revealed more than $2 billion in total earnings, including roughly $1.4 billion from crypto ventures like his memecoin and World Liberty Financial, which the p
Bitcoin price tags $62.3K nine-day high after global stocks hit historic record
Bitcoin climbed to a nine-day high of $62,295 on Friday as global equities set records and weak US jobs data shifted expectations toward a Fed pause, though the 200-week moving average now sits as key
EU MiCA Rules Kick In With Patchy National Enforcement
The EU's MiCA crypto regulation transition period has ended, handing enforcement to national regulators that vary widely in resources and experience — with ESMA pressing for action against unauthorize
U.S. stocks have delivered 8.7% a year since independence was declared in 1776 - MarketWatch
MarketWatch reports U.S. stocks have delivered an annualized return of 8.7% since independence was declared in 1776, a long-run figure that sits at the center of a broader wave of coverage questioning
NYSE, Nasdaq Open From Oval Office for Trump Accounts Launch
A new initiative called Trump Accounts is launching, with CNBC research highlighting two behaviors required for long-term wealth building—and the NYSE and Nasdaq opening from the Oval Office for the e
Crypto Extends Rally as Weak Jobs Data Eases Fed Hike Fears
Crypto markets extended their weekly recovery as unexpectedly weak US jobs data fueled expectations the Federal Reserve would hold off on raising interest rates, lifting bitcoin back above $61,000 and
Micron Earnings Draw Split Analyst Verdicts
Micron's blockbuster earnings report is drawing sharply contrasting reactions, with CNBC's Jim Cramer touting seemingly limitless demand while Seeking Alpha warns the stock's valuation premium is erod
SK Hynix $29B ADR Listing Lifts Won as Hedging Begins
South Korea's won strengthened after Bloomberg reported that officials were preparing for currency flows tied to SK Hynix's $29 billion US ADR listing, with the chipmaker set to use forwards as soon a
Kevin Warsh's Inner Circle Reveals How the New Fed Chair Thinks
Fortune profiles new Federal Reserve Chairman Kevin Warsh through exclusive interviews with his longtime mentor Condoleezza Rice, former Fed Vice Chairman Donald Kohn, and others who describe a relent
Rivian Raises 2026 Delivery Forecast, Stock Jumps 10%
Rivian beat its own internal Q2 delivery outlook by a wide margin and raised its full-year 2026 guidance, sending shares up as much as 10% in Thursday's session.
Rebound in venture capital inflow; How Addverb built an intralogistics biz
Indian startup venture capital funding reached $6.9 billion in the first half of the year, raising hopes of surpassing 2025's total by year-end, with Noida-based warehouse robotics firm Addverb cited
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