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Finance News — Page 233

SoftBank Surges 10% as U.S.-Iran Deal Lifts Asia Tech

SoftBank Surges 10% as U.S.-Iran Deal Lifts Asia Tech

Asian tech stocks rallied sharply Monday, led by SoftBank's 10% surge, after the U.S. and Iran announced a peace deal to end the Middle East conflict, with a formal signing set for June 19 in Switzerl

CNBC · 3mo ago
Book profits or stay invested at market highs? Historical data may settle the debate

Book profits or stay invested at market highs? Historical data may settle the debate

A FundsIndia study spanning 17 rolling 10-year periods found that buy-and-hold strategies in the Nifty 50 TRI consistently outperformed systematic profit-booking approaches, though with a few exceptio

Mint · 3mo ago
SpaceX Surges 19% in Debut; Analysts Call It Overvalued

SpaceX Surges 19% in Debut; Analysts Call It Overvalued

SpaceX surged 19% on its Nasdaq debut to close at $161, making Elon Musk the world's first trillionaire — but analysts from Miller Tabak and Morningstar are calling the $1.75 trillion valuation signif

CNBC · 3mo ago
Markets cheer U.S.-Iran agreement, but some investors caution deal is yet to be signed

Markets cheer U.S.-Iran agreement, but some investors caution deal is yet to be signed

Global markets staged a relief rally Monday after the U.S. and Iran agreed to a peace deal reopening the Strait of Hormuz, with oil tumbling nearly 5% and Asian stocks surging — though gold's parallel

CNBC · 3mo ago
Oil Drops 5%, Futures Surge on U.S.-Iran Deal

Oil Drops 5%, Futures Surge on U.S.-Iran Deal

Oil prices plunged over 5% and U.S. stock futures rallied sharply late Sunday after Trump announced a completed peace deal with Iran that would reopen the Strait of Hormuz, though analysts cautioned t

MarketWatch · 3mo ago
U.S. and Iran extend ceasefire, reopen Strait of Hormuz

U.S. and Iran extend ceasefire, reopen Strait of Hormuz

The U.S. and Iran agreed to a 60-day ceasefire extension and framework to reopen the Strait of Hormuz after 107 days of war, with a formal signing ceremony expected Friday in Switzerland and nuclear t

Axios · 3mo ago
Frank's Charlie Javice Seeks Trump Pardon

Frank's Charlie Javice Seeks Trump Pardon

Charlie Javice, convicted of defrauding JPMorgan by fabricating millions of customer accounts to inflate her startup Frank's value, is quietly seeking a presidential pardon from Trump, even as JPMorga

TechCrunch · 3mo ago
UK and Japan Seal £18bn Investment Deal

UK and Japan Seal £18bn Investment Deal

UK and Japan agreed an £18bn investment deal spanning infrastructure, offshore wind, nuclear technology, and the GCap fighter jet programme, as PM Keir Starmer seeks to lift growth with Britain bracin

BBC Business · 3mo ago
Warsh's First Fed Decision: Hawk vs. His Own Words

Warsh's First Fed Decision: Hawk vs. His Own Words

Kevin Warsh faces his first FOMC rate decision Wednesday with markets universally expecting the Fed to hold rates at 3.5–3.75%, forcing the Trump-installed chair to balance his newly dovish rhetoric a

Globe and Mail Business · 3mo ago
StanChart: BTC Has Bottomed, 'Crypto Spring' Is Here

StanChart: BTC Has Bottomed, 'Crypto Spring' Is Here

Standard Chartered's Geoff Kendrick told clients crypto's cycle low is likely in — with BTC bottoming around $59k, down 53% from the $126k high — and cited Strategy's continued buying, positive ETF in

Cointelegraph · 3mo ago
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AI IPO Wave Lifts VCs and Family Offices

The mega IPO wave driven by AI companies going public is concentrating gains among VCs, family offices, and well-connected insiders, while others wonder how to participate in the $100 million paydays.

Google News Business · 3mo ago
SpaceX's Record IPO Sparks OpenAI, Anthropic Race

SpaceX's Record IPO Sparks OpenAI, Anthropic Race

SpaceX's record-breaking IPO, which minted Elon Musk as the world's first trillionaire, is triggering a rush of AI companies — including OpenAI and Anthropic — toward public market debuts and reshapin

TechCrunch · 3mo ago
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FTX's Former Anthropic Stake Worth ~$75B at $965B

FTX's former 7.84% stake in Anthropic — sold off during bankruptcy proceedings to repay creditors — would now be worth approximately $75 billion at Anthropic's latest ~$965 billion valuation.

Hacker News · 3mo ago
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SpaceX Shares Up 19% on Nasdaq, Musk Hits Trillionaire

SpaceX’s shares debuted on Nasdaq, soaring 19% on the first day of its record‑setting IPO, propelling Elon Musk to the status of the world’s first trillion‑dollar billionaire and sparking investor exc

Google News Business · 3mo ago
Crypto Exchanges Race to List Stocks as RWA Market

Crypto Exchanges Race to List Stocks as RWA Market

Top crypto exchanges including OKX and Kraken are racing to list perpetual futures on U.S. equities, commodities, and index funds as tokenized real-world assets and synthetic stock products reshape th

CoinDesk · 3mo ago
An administrative assistant’s $18,000 wedding will have a sit-down dinner, but she’ll do her own hair and makeup

An administrative assistant’s $18,000 wedding will have a sit-down dinner, but she’ll do her own hair and makeup

Rose, a 29-year-old administrative assistant earning $66,000 in Ontario's Kawartha Lakes region, is planning an $18,000 wedding with her fiancé — nearly double their original $10,000 target — while li

Globe and Mail Business · 3mo ago
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Strait of Hormuz Shut 100 Days, Oil Holds at $87

The Strait of Hormuz has been shut for over 100 days in what's been called the largest oil supply disruption in history, yet Brent crude holds near $87, a puzzle that has analysts scrambling to track

Google News Business · 3mo ago
Amazon CEO Jassy Triggers Export Ban on Anthropic AI

Amazon CEO Jassy Triggers Export Ban on Anthropic AI

Amazon CEO Andy Jassy warned senior Trump officials about security risks in Anthropic’s latest AI models, prompting an emergency export control order that forced Anthropic to pull Mythos 5 and Fable 5

TechMeme · 3mo ago
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SpaceX Debut Lifts Stocks; Oil Falls on U.S.-Iran News

SpaceX's long-awaited market debut sent its stock soaring and helped lift the Dow, S&P 500, and Nasdaq after a volatile week, with CNBC also citing a nearing U.S.-Iran deal and falling oil as supporti

Google News Business · 3mo ago
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Roku Explores Sale, Stock Jumps 20%

Roku is exploring strategic options that could include a sale of the company, according to sources cited by multiple outlets. The news sent ROKU shares surging more than 20% on Friday, with reports fl

Google News Business · 3mo ago

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