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Finance News — Page 218

SpaceX stock climbs 4%, rebounding from three-day losing streak

SpaceX stock climbs 4%, rebounding from three-day losing streak

SpaceX shares climbed roughly 4% on Tuesday, partially recovering from a punishing three-day slide that erased nearly a quarter of the stock's value, including a $400 billion single-day market-cap wip

CNBC · 3mo ago
Bitcoin teases $62K breakdown as Micron earnings loom

Bitcoin teases $62K breakdown as Micron earnings loom

Bitcoin hovered near $62,500 on Tuesday as bulls scrambled to defend local lows, with over $700 million in crypto positions liquidated in 24 hours and traders eyeing Micron's Wednesday earnings as the

Cointelegraph · 3mo ago
Sen. Cassidy plans to push 'big idea' for Social Security reform in last days in office

Sen. Cassidy plans to push 'big idea' for Social Security reform in last days in office

Sen. Bill Cassidy is racing to pass Social Security reform before his Jan. 3, 2027 exit, pitching a $1.5 trillion stock investment plan that Boston College researchers say won't close the funding gap

CNBC · 3mo ago
Chip Rout Sends Nasdaq Down 1%, Micron Leads Sell-Off

Chip Rout Sends Nasdaq Down 1%, Micron Leads Sell-Off

A global chip sell-off drove the Nasdaq down more than 1% and pulled the S&P 500 lower, with Micron, Nvidia, and Alphabet leading declines as multiple outlets framed the move as the AI trade cooling.

Google News Business · 3mo ago
SEC Pauses Stock Tokenization Over Compliance Gaps

SEC Pauses Stock Tokenization Over Compliance Gaps

The SEC delayed its plan to allow tokenized U.S. stocks, and one compliance infrastructure veteran argues that pause is a relief — because legacy systems check boxes rather than understand context, le

CoinDesk · 3mo ago
Menlo Raises $3B for AI Funds; Anthropic Stake Worth

Menlo Raises $3B for AI Funds; Anthropic Stake Worth

Menlo Ventures raised $3B for AI-focused funds — its largest haul to date — while its existing Anthropic stake, purchased for $500M in 2024, is reportedly now worth nearly $14B.

TechMeme · 3mo ago
Radhika Gupta Explains Edelweiss IPO Fund: SIP Over

Radhika Gupta Explains Edelweiss IPO Fund: SIP Over

Edelweiss Mutual Fund CEO Radhika Gupta broke down how the Edelweiss Recently Listed IPO Fund works, highlighting its SIP-friendly approach to capturing newly listed companies while acknowledging vola

Mint · 3mo ago
SpaceX stock down by 16%: Will your mutual fund investments take a hit?

SpaceX stock down by 16%: Will your mutual fund investments take a hit?

SpaceX's stock has plunged 16% in a single session and shed over $600 billion since its $75 billion IPO last week, but its tiny weight in the Nasdaq-100 means Indian mutual fund investors with index f

Mint · 3mo ago
Tech stocks are plunging as global investors dump high-flying chip makers - Business Insider

Tech stocks are plunging as global investors dump high-flying chip makers - Business Insider

Tech stocks are plunging as global investors dump high-flying chip makers  Business InsiderStock Market Today: Techs Div...

Google News Business · 3mo ago
Chip stocks plunge, but bargain-hunters stem losses in other tech names

Chip stocks plunge, but bargain-hunters stem losses in other tech names

U.S. chip stocks led a broad tech selloff Tuesday, with the Philadelphia Semiconductor Index plunging 7.5% and the Nasdaq shedding roughly $776 billion in market value as investors reassessed heavily

Globe and Mail Business · 3mo ago
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SpaceX Rout Triggers Global Tech Sell-Off

Global tech stocks plunged on June 23, 2026, led by SpaceX's slide below its $150 IPO price, with the Nasdaq 100 dropping 3.4%, Korea's Kospi closing down 10%, and renewed doubts about sky-high AI val

Google News Business · 3mo ago
Crypto market drops as Nasdaq tech selloff spills into digital assets

Crypto market drops as Nasdaq tech selloff spills into digital assets

Bitcoin fell 2.5% to $62,300 and ether dropped more than 4% as a tech-led Nasdaq selloff spilled into crypto, triggering $717 million in liquidations and pushing the average market RSI to oversold ter

CoinDesk · 3mo ago
Canada’s Big Six banks are soaring like AI stocks. Can it seriously last?

Canada’s Big Six banks are soaring like AI stocks. Can it seriously last?

Canada's Big Six bank stocks have surged 67% over the past year, outperforming gold and Nvidia, fueled by capital markets revenue and new regulatory easing—even as the country's housing market slumps

Globe and Mail Business · 3mo ago
Goldman Calls AI Market a Rubber Band

Goldman Calls AI Market a Rubber Band

Goldman strategist Rich Privorotsky warns AI valuations rest on assumptions of perpetually rising hyperscaler capex — assumptions increasingly strained by cheaper model development in regions like Chi

MarketWatch · 3mo ago
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Micron Stock Dives After Memory Chip Rivals SK Hynix, Samsung Tumble in KOSPI Selloff - Barron's

Micron Stock Dives After Memory Chip Rivals SK Hynix, Samsung Tumble in KOSPI Selloff  Barron'sAI stocks are getting tra...

Google News Business · 3mo ago
Samsung, SK Hynix Sink 12% as Kospi Crashes 10%

Samsung, SK Hynix Sink 12% as Kospi Crashes 10%

South Korea's Kospi crashed 10% — its fourth circuit breaker of the year — as Samsung and SK Hynix sank more than 12% in a leveraged AI-trade selloff, while Bitcoin held near $63,000 in a striking dep

CoinDesk · 3mo ago
SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days

SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days

SpaceX lost roughly $600 billion in market value over three trading days—nearly half of Bitcoin's entire market cap—after announcing its first bond sale to fund AI expansion, while Bitcoin held near $

CoinDesk · 3mo ago
Hedge fund to pay Avis $650mn in settlement after wild stock swings - Financial Times

Hedge fund to pay Avis $650mn in settlement after wild stock swings - Financial Times

A hedge fund will pay Avis Budget Group $650 million to settle claims tied to wild stock swings in the rental car company's shares, with the stock rising 2% premarket on the news.

Google News Business · 3mo ago
SpaceX debuts bond sale to raise $20 billion after IPO - qz.com

SpaceX debuts bond sale to raise $20 billion after IPO - qz.com

SpaceX launched marketing for its first-ever high-grade corporate bond sale, seeking to raise $20 billion on the heels of an $86 billion IPO.

Google News Business · 3mo ago
Bank of England Eases Stablecoin Rules With £40B

Bank of England Eases Stablecoin Rules With £40B

The Bank of England published its final stablecoin policy on Monday, dropping proposed caps on individual holdings in favor of a £40 billion per-coin issuance limit and letting issuers hold up to 70%

Decrypt · 3mo ago

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