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Finance News — Page 24
Cisco Networking Sales Surge on AI Demand. Why the Stock Is Down After Earnings. - Barron's
Cisco beat Q4 2026 earnings estimates with AI-driven networking sales surging and guidance coming in stronger than expected, yet shares dropped roughly 9% as margin concerns dominated the post-earning
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems, the AI chipmaker competing with Nvidia in fast-inference workloads, saw shares tumble roughly 14% in extended trading after posting its second quarterly report since its May IPO, eve
July CPI Rises 0.1%, Annual Rate Holds at 3.4%
US consumer prices rose a mild 0.1% in July, keeping annual inflation at 3.4% and reinforcing expectations that the Federal Reserve will hold interest rates steady, though Reuters cautioned the econom
Securitize falls 20% after earnings miss as tokenization revenue falls short
Securitize (SECZ) shares fell 20% in after-hours trading after the tokenization firm reported a Q2 loss far wider than expected and revenue that missed consensus by $6.2 million, despite record platfo
Gold's Best Week Since January as Fed Hike Odds Collapse
Gold is staging its strongest rally since January as falling rate hike expectations, ambiguous comments from new Fed Chair Kevin Warsh, and relentless central bank buying converge — with the metal sti
Cisco's stock drops despite earnings, revenue beat
Cisco beat Wall Street estimates on both earnings and revenue and issued guidance well above consensus, yet its shares fell in extended trading as investors digested the print.
SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Short sellers are rapidly exiting their bearish bets on SpaceX as the stock rebounds more than 40% from its August low, driven by a surge in available shares and forced buybacks to close positions.
Goldman Sachs Buys NEOS for $2.25B, Gains Bitcoin Income ETF
Goldman Sachs is acquiring NEOS Investments for up to $2.25 billion, instantly inheriting the ~$1 billion BTCI Bitcoin covered-call fund and a $30 billion options-income ETF book — a faster route than
July CPI Rises 3.4% as Energy Costs Stay Elevated
Consumer prices rose 3.4% over the past year in July, down slightly from June's 3.5%, as energy costs remained sharply higher while food and core categories showed more moderate increases.
US inflation eases to 3.4% in July, Fed eyes rate hold
US consumer prices rose 3.4% over the year to July, slightly below June's 3.5%, with the monthly 0.1% gain driven mainly by housing costs. The reading gives the Federal Reserve room to hold rates stea
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
Crypto market maker Wintermute will spend $1 billion over five years on AI and high-frequency trading infrastructure as it expands into stocks, commodities, and forex, targeting non-crypto revenue abo
Lakers Sold for Record $12.5bn to Kushner and Iger
The Los Angeles Lakers are being sold for a reported record-breaking $12.5bn to Josh Kushner and former Disney CEO Bob Iger, less than a year after Mark Walter's previous record $10bn acquisition from
Retail Investors Face Three New Threats to Their Edge
Three converging changes — less frequent corporate earnings reports, reduced Federal Reserve communication, and a paid Truth Social data feed — threaten to erode the information advantage retail inves
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin fell below $63,500 despite July US CPI inflation matching expectations at 0.1% month-on-month and 3.4% year-on-year, as traders priced 60% odds of a September Fed rate hold while analysts warn
Nebius Stock Soars 28% as GPU Spot Prices Triple
Nebius beat revenue estimates and its stock jumped 28% as customers raced to secure AI computing power, with GPU spot prices reportedly tripling amid short-term scarcity exploited by neoclouds.
Crypto Long & Short: When capital can't move fast enough, markets pay the price
LMAX Group's Jenna Wright argues in this week's Crypto Long & Short that markets break down when capital is trapped by slow settlement cycles — not from a shortage of capital — and frames stablecoins
CoreWeave surges 18% as revenue doubles, lifts outlook
CoreWeave shares surged after the AI cloud provider doubled its revenue year-over-year and raised its outlook, with peer Supermicro's strong earnings amplifying a broader rally in AI infrastructure st
July CPI Rises 0.1% Monthly, 3.4% Annually
July's consumer price index rose 0.1% for the month and 3.4% annually, matching expectations and triggering a rally in stock futures led by AI-related shares.
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
Norway's $2.34 trillion sovereign wealth fund posted a record $184.9 billion half-year profit and disclosed its first-ever SpaceX stake valued at $1.2 billion, while CEO Nicolai Tangen warned the fund
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time - CNBC
Norway's sovereign wealth fund, the world's largest, posted a record $184 billion profit and disclosed its SpaceX stake for the first time.
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