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Finance News — Page 28
S&P 500 Falls as US-Iran Impasse Drags Dow, Nasdaq
US stocks fell from recent records as a US-Iran impasse dragged the Dow, S&P 500, and Nasdaq lower, with Big Tech losses — particularly Alphabet — and volatile oil prices tied to Strait of Hormuz deve
Polymarket overhauls marketing, hires Bird's VanderZanden
Polymarket is staffing up with a Bird-founding growth chief and compliance veterans from Robinhood, Coinbase, and Nasdaq while restructuring marketing practices under scrutiny from the CFTC, betting t
Pokémon Cards Hit Multibillion-Dollar Market as Crypto Tokenizes
Blockchain startups are turning physical Pokémon cards into digital assets, aiming to fix trading frictions in a market now worth billions — but building enough liquidity to compete with established c
Cramer's Trust Buys Micron on AI Memory Demand
Jim Cramer's Charitable Trust is initiating a small position in Micron Technology, citing strong AI-driven demand for memory chips and elevated margins despite the stock's historically cheap valuation
eToro to Acquire TradeZero as Crypto Revenue Drops 30%
eToro announced an acquisition of US brokerage TradeZero as part of its US expansion push, the same day it reported Q2 crypto revenue falling roughly 30% year-over-year and July crypto trades plunging
Oil Hits $90 Amid Iran-U.S. Stalemate Over Hormuz
Oil prices rose toward $90 a barrel as talks over reopening the Strait of Hormuz face uncertainty, weighing on market sentiment and energy trading despite ongoing negotiations involving Oman, Iran, an
eToro to Acquire TradeZero as Crypto Revenue Drops 30%
eToro announced an acquisition of US brokerage TradeZero as part of its US expansion push, the same day it reported Q2 crypto revenue falling roughly 30% year-over-year and July crypto trades plunging
Russia Proposes Bitcoin, Ether, USDT Exchange Trading
Russia's central bank proposed admitting Bitcoin, Ether, and Tether's USDT to regulated exchange trading under a new law signed by President Putin on August 4, with strict caps on retail investor purc
Thompson: Nvidia Risk Shift Echoes 1870s Railroads
Ben Thompson of Stratechery argues Big Tech's AI boom parallels the 1870s railroad expansion, warning that Nvidia's shift of risk to institutional capital may expose investors if revenues fail to mate
Oil Jumps 2% Past $84 as US-Iran Deadlock Deepens
Oil prices surged 2% past $84 to one-week highs as US-Iran diplomatic momentum stalled, with a deepening deadlock over the Strait of Hormuz sending crude higher and rattling equity futures.
Coinbase Opens UK Derivatives at 50x Leverage
Coinbase is launching derivatives trading for UK professional investors, offering more than 170 contracts spanning crypto, commodities, equities and FX, with perpetuals at up to 50x leverage under a M
Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
Riot Platforms surged more than 20% in pre-market trading after signing a 20-year, $9.1 billion deal to provide Anthropic with 191 megawatts of computing capacity at its Rockdale, Texas campus, the la
Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel Infrastructure has fully shut down its US Bitcoin mining operations and reported Q2 revenue down 50% year-on-year to $30 million, with a $141 million operating loss, as it pivots toward AI and hi
Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel Infrastructure has fully shut down its US Bitcoin mining operations to pivot toward AI and high-performance computing infrastructure, reporting Q2 revenue of $30 million — down 50% year-on-year —
Gold Flat Ahead of Key U.S. Inflation Data - WSJ
Gold traded flat on Tuesday as traders positioned ahead of a key U.S. inflation print, with the metal holding above $4,400 amid soft jobs data and a worsening Iran situation.
Rocket Lab Stock Falls on Neutron Delay Risk
Rocket Lab's Q2 2026 earnings showed revenue up 62% but widening losses, while the company warned of fresh risks to its Neutron rocket debut — a combination that sent shares lower and extended a nearl
Intel upsizes stock offering to $20B, prices at $95 (INTC:NASDAQ) - Seeking Alpha
Intel priced an upsized $20 billion stock offering at $95 per share to fund its AI plans, and INTC shares gained overnight in response.
Intel to sell at least $15 billion in stock - OregonLive.com
Intel is raising up to $20 billion through a stock offering to accelerate AI chip manufacturing, increasing its initial plan amid growing demand for AI hardware.
Stocks Drop on Fading Iran Deal Hopes, Nvidia Sinks
US stocks edged lower across the Dow, S&P 500, and Nasdaq as fading optimism for a US-Iran deal sent oil prices higher, with Nvidia sinking in the broad-based decline.
S&P 500, Dow, Nasdaq Close Lower as Oil, Yields Rattle Investors
The S&P 500, Dow, and Nasdaq all closed lower as rising oil prices — fueled by Middle East tension — and climbing Treasury yields stoked broad-based investor jitters.
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