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Finance News — Page 27

CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand

CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand

CoreWeave shares popped 14% after the AI infrastructure company beat Q2 estimates with $2.58B in revenue, raised its 2026 outlook, and disclosed a $104B backlog despite regulatory pushback and new com

CNBC · 11d ago
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CoreWeave stock jumps 8% after Q2 losses narrow

CoreWeave narrowed its Q2 losses, pushing its stock up 8%, according to Yahoo Finance.

Google News Business · 11d ago
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

Bitcoin is trapped in a roughly $62,000-$66,000 range as steady ETF demand is neutralized by selling from miners and corporate holders, leaving traders eyeing Wednesday's CPI report as the next potent

CoinDesk · 11d ago
Solana Tests 50-Day Support as Death Cross Caps Rally

Solana Tests 50-Day Support as Death Cross Caps Rally

Solana trades at $75.06 between its 50-day moving average support and a death cross overhead, with Myriad prediction-market traders pricing a 69% chance of a drop to $40 against a 31% chance of a rall

Decrypt · 11d ago
Trump Media Posts $238M Loss on Crypto Write-Downs

Trump Media Posts $238M Loss on Crypto Write-Downs

Trump Media reported a $238 million second-quarter loss, driven largely by non-cash write-downs on digital assets, as its Bitcoin and Cronos holdings lost over a third of their value in the first half

Decrypt · 12d ago
EToro reports second quarter crypto loss even as total profit beats estimates

EToro reports second quarter crypto loss even as total profit beats estimates

eToro swung to a $7.2 million crypto trading loss in Q2 2026 from a $37.7 million profit a year earlier, even as overall net contribution rose 9% and adjusted EPS beat analyst estimates.

CoinDesk · 12d ago
Invitation Homes CEO: Ban Will Lower Prices — But Not Soon

Invitation Homes CEO: Ban Will Lower Prices — But Not Soon

The CEO of Invitation Homes, the largest single-family rental landlord, says a new law banning institutional investors from buying existing homes will lower prices over time but not immediately, citin

CNBC · 12d ago
eToro's $231M TradeZero Deal Sends Stock Down 10%

eToro's $231M TradeZero Deal Sends Stock Down 10%

eToro will acquire US active-trader brokerage TradeZero for up to $231 million to accelerate its push into American equities, but investors punished the stock with a 10%+ drop on Tuesday despite a Q2

Decrypt · 12d ago
Bitcoin drops to one-week low as gold hits nine-week highs

Bitcoin drops to one-week low as gold hits nine-week highs

Bitcoin sank to one-week lows below $64,000 on Tuesday as investors rotated into gold, which climbed to nine-week highs of $4,435 per ounce amid escalating US-Iran tensions and a fresh 5% surge in oil

Cointelegraph · 12d ago
Nvidia's $500B AI Deal With Six Finance Giants

Nvidia's $500B AI Deal With Six Finance Giants

Nvidia unveiled a $500 billion AI financing partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, drawing mixed reactions across AI and chip stocks.

Google News Business · 12d ago
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card balances climbed to $1.26 trillion in Q2 2026 as late-stage delinquencies jumped to 12.8% — their highest since the Great Recession — in what New York Fed researchers call a 'K-shaped econ

CNBC · 12d ago
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Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue - foxbusiness.com

The federal budget deficit hit $1.8 trillion in the first 10 months of fiscal 2025 and is on track to top $2 trillion, with the Treasury spending $3 billion a day on debt interest alone.

Google News Business · 12d ago
Fed Rate Hike Depends on July Inflation Data

Fed Rate Hike Depends on July Inflation Data

The Federal Reserve's next rate decision may hinge on July's inflation data, as recent job declines alone aren't enough to deter a hike, but two months of tame inflation could shift the outlook.

MarketWatch · 12d ago
S&P 500 flat as industrials offset tech, US-Iran peace hopes lift mood

S&P 500 flat as industrials offset tech, US-Iran peace hopes lift mood

The S&P 500 traded flat as industrials offset weakness in tech, while rising prospects for a US-Iran peace deal and swinging oil prices shaped sentiment across Wall Street.

Google News Business · 12d ago
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

Nvidia CEO Jensen Huang, flanked by leaders from Goldman Sachs, BlackRock, Blackstone, KKR, Apollo, and Brookfield, unveiled a plan to raise $500 billion-plus from third parties for AI factory constru

CNBC · 12d ago
As Credit Card Debt Mounts, Home Becomes a Piggy Bank

As Credit Card Debt Mounts, Home Becomes a Piggy Bank

With U.S. homeowners sitting on a record $35 trillion in home equity, many are taking out home-equity loans or refinancing to pay off mounting credit card debt, leveraging the value of their houses to

NYT Business · 12d ago
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Gold Holds Above $4,400 as Iran Worsens

Gold held above $4,400 on Tuesday, August 11, 2026, as a worsening Iran situation drove safe-haven demand, even as traders positioned ahead of key US inflation data.

Google News Business · 12d ago
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Is Michael Burry Right? 3 Top Tech Stocks With 'High' Short Interest - Seeking Alpha

Michael Burry is back in the spotlight with split signals — a bearish macro bet against the current rally alongside bullish positions in consumer and e-commerce stocks.

Google News Business · 12d ago
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Bitcoin held below $65,000 after Trump's demand for 50 years of Iranian compensation killed hopes of a near-term Strait of Hormuz reopening, pushing Brent crude to $89 and making Wednesday's CPI repor

CoinDesk · 12d ago
Intel Increases Size of Stock Offering to Raise $20 Billion - WSJ

Intel Increases Size of Stock Offering to Raise $20 Billion - WSJ

Intel upsized its stock offering to $20 billion at $95 per share, capitalizing on accelerating AI demand to fund its turnaround plans.

Google News Business · 12d ago

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