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Finance News — Page 209

Bitcoin Falls Below $60K, Set for Rare Back-to-Back Loss

Bitcoin Falls Below $60K, Set for Rare Back-to-Back Loss

Bitcoin fell below $60,000 over the weekend, putting it on track for back-to-back quarterly losses — a pattern that has occurred only twice before in its history. A hawkish Fed under Chair Kevin Warsh

CoinDesk · 3mo ago
Bitcoin Capitulation Signals Flash at $59.8K

Bitcoin Capitulation Signals Flash at $59.8K

Bitcoin shows signs of market capitulation as UTXO metrics hit cycle lows, suggesting long-term buying opportunities despite ongoing selling pressure and geopolitical tensions weighing on price.

Cointelegraph · 3mo ago
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US Core Inflation Hits 3.4%, 3-Year High

US core inflation climbed to 3.4% in May — a 3-year high — while headline inflation topped 4%, pushing mortgage rates higher and intensifying pressure on the Federal Reserve to raise rates ahead of th

Google News Business · 3mo ago
Bitcoin Drops With Gold, Silver as Debasement Trade Unwinds

Bitcoin Drops With Gold, Silver as Debasement Trade Unwinds

Bitcoin has fallen to nearly $58,000 as the 'debasement trade' that grouped it with gold and silver as dollar hedges unwinds. A hawkish Fed under Chair Kevin Warsh has lifted real yields and the dolla

CoinDesk · 3mo ago
Chip Stocks Sink as Oil Slide Boosts Dow in Volatile

Chip Stocks Sink as Oil Slide Boosts Dow in Volatile

Wall Street's week split sharply: chip stocks cratered on AI-trade fatigue while falling oil prices lifted the Dow 0.6% and eased inflation fears, even as Trump accused Iran of violating a ceasefire b

CNBC · 3mo ago
Robinhood Layoffs Signal Late Bear Market for Crypto

Robinhood Layoffs Signal Late Bear Market for Crypto

Robinhood's recent layoffs and c-suite departures, alongside BitGo's 15% workforce reduction, are lagging indicators of declining crypto investor confidence rather than drivers of the downturn, accord

CoinDesk · 3mo ago
Coinbase, Circle underperform Big Tech as crypto stock slump deepens

Coinbase, Circle underperform Big Tech as crypto stock slump deepens

Crypto-linked equities Coinbase and Circle have shed roughly 70% from their peaks, far outpacing losses across major tech stocks and the S&P 500 as Bitcoin's slide below $60,000 deepens the sector's b

Cointelegraph · 3mo ago
Micron Surges 700% to $1,184 on HBM Demand

Micron Surges 700% to $1,184 on HBM Demand

Micron has surged over 700% to a record $1,184 in twelve months, fueled by runaway demand for its AI-critical High Bandwidth Memory chips, leaving investors debating whether the rally still has room o

Mint · 3mo ago
Investors Should Prioritize Non-US Bonds, Strategist

Investors Should Prioritize Non-US Bonds, Strategist

Allspring's George Bory is steering fixed-income clients away from US Treasuries and toward government bonds in the UK, Europe, and Australia, where central banks are still raising rates while the Fed

CNBC · 3mo ago
SpaceX stock has cooled. Hiring for jobs in the space economy hasn't

SpaceX stock has cooled. Hiring for jobs in the space economy hasn't

The space economy hit a record $613 billion in Q2 2025 and is growing at 9% annually, but employers are struggling to fill roles as job postings surge 40% year-over-year against a shrinking overall U.

CNBC · 3mo ago
TLT Rises, USO Puts Suggest Inflation Fears Overblown

TLT Rises, USO Puts Suggest Inflation Fears Overblown

A roughly $10 crude oil decline pushed the iShares long-term bond ETF (TLT) higher despite the Fed's preferred inflation gauge printing its hottest reading since October 2023, while USO options trader

CNBC · 3mo ago
How Kohl's lost its way — and is trying to become relevant again

How Kohl's lost its way — and is trying to become relevant again

Kohl's CEO Michael Bender is refocusing the department store chain on its original value-driven playbook — proprietary brands, coupons, and reliable inventory — after years of off-price pivots alienat

CNBC · 3mo ago
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BofA Lifts Micron Price Target to $1,550

Bank of America raised Micron's price target to $1,550 after the chipmaker's record Q3 FY26 earnings showed revenue surging 346% year-over-year on AI-driven memory demand, though Micron's stock has si

Google News Business · 3mo ago
As SpaceX joins Nasdaq 100 on July 7, Indians can now invest in the stock through these mutual funds

As SpaceX joins Nasdaq 100 on July 7, Indians can now invest in the stock through these mutual funds

SpaceX joins the Nasdaq 100 on July 7, triggering an estimated $4.3 billion in passive inflows — and giving Indian retail investors their first indirect exposure to Elon Musk's company through domesti

Mint · 3mo ago
Warsh Pledges Rate Hikes With "Price Stability" Vow

Warsh Pledges Rate Hikes With "Price Stability" Vow

New Fed Chair Kevin Warsh kept interest rates steady but used six unambiguous words — "The Committee will deliver price stability" — to signal rate hikes ahead, stunning President Trump and sparking a

Google News Business · 3mo ago
Tech Rotation, Defensive Surge Shape S&P 500

Tech Rotation, Defensive Surge Shape S&P 500

The S&P 500 is splitting sharply — tech rotation and a defensive surge are reshaping the index while mega-cap stocks bleed and semiconductors hold up, with the equal-weight version outperforming.

Google News Business · 3mo ago
Nvidia Stock Continues Slide Amid Tech Sell-Off - Investor's Business Daily

Nvidia Stock Continues Slide Amid Tech Sell-Off - Investor's Business Daily

Nvidia's stock slipped below $200 amid a broader tech sell-off, with Barron's flagging rising competition fears and Kalshi prediction-market traders betting chip prices will fall.

Google News Business · 3mo ago
Healthcare Tops S&P as Cardinal, J&J, Lilly Hit Records

Healthcare Tops S&P as Cardinal, J&J, Lilly Hit Records

Healthcare stocks surged more than 7% this week to lead the S&P 500, sending Cardinal Health, Johnson & Johnson, and Eli Lilly to record closes as investors rotated out of high-flying AI names.

CNBC · 3mo ago
How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

SpaceX will join the Nasdaq 100 on July 7 after Nasdaq amended its index eligibility rules, effective May 1, 2026, letting mega IPOs enter the benchmark far faster than the previous three-month season

Mint · recently
Nifty Auto Index explained: Meaning, top constituents, investment options, benefits, and key risks

Nifty Auto Index explained: Meaning, top constituents, investment options, benefits, and key risks

The Nifty Auto Index, tracking 15 NSE-listed auto companies led by Mahindra & Mahindra, Maruti Suzuki, and Bajaj Auto, delivered a 14.5% one-year return, turning ₹1 lakh into ₹3.46 lakh over 10 years.

Mint · recently

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