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Finance News — Page 298

Oil prices drop and stock markets rise after reports of deal to end Iran war

Oil prices drop and stock markets rise after reports of deal to end Iran war

Reports that the United States and Iran are nearing a one‑page agreement to end their war sent Brent crude tumbling to $97 a barrel and lifted global equity markets, with the S&P 500 climbing over 1%.

BBC Business · 5mo ago
AMD shares surge 18% on AI data‑center revenue beat

AMD shares surge 18% on AI data‑center revenue beat

AMD smashed Q1 expectations, delivering $10.25 billion in revenue—a 38% jump—and a 57% surge in data‑center AI chip sales that lifted its stock 18%. The win narrows Nvidia’s lead as the rival pushes i

CNBC · 5mo ago
Bitcoin's price rally has a hidden rhythm. Here are the hours and days driving gains.

Bitcoin's price rally has a hidden rhythm. Here are the hours and days driving gains.

Bitcoin’s 31% rally from early‑February lows to above $80k, now near $76k, has been driven by a narrow set of trading windows: APAC and U.S. sessions, especially the midnight UTC hour, and Mondays, wh

CoinDesk · 5mo ago
AMD Surges 20% on Strong Q1 Earnings

AMD Surges 20% on Strong Q1 Earnings

Advanced Micro Devices shares jumped roughly 20% on Wednesday after the chipmaker reported solid first-quarter earnings, putting the company on track to surpass a $600 billion market cap amid AI-drive

Google News Business · 5mo ago
Taurus Gets MiFID II in Cyprus, Opens Token Markets

Taurus Gets MiFID II in Cyprus, Opens Token Markets

Taurus, a crypto‑custody specialist, just secured a Cyprus‑issued MiFID II licence, letting it provide EU banks with regulated tokenised bonds, equities and structured products. The firm already holds

CoinDesk · 5mo ago
CNBC Daily Open: Kospi bull run rolls on - CNBC

CNBC Daily Open: Kospi bull run rolls on - CNBC

South Korea’s KOSPI surged past the 7,000‑point mark as an AI‑driven rally propelled Samsung Electronics into the $1 trillion market‑cap club, with the index up roughly 75% year‑to‑date. Bloomberg and

Google News Business · 5mo ago
Bitcoin Hits $81K as Derivatives Stay Flat, ETFs Surge

Bitcoin Hits $81K as Derivatives Stay Flat, ETFs Surge

Bitcoin surged to $81,000, a three‑month high, but the rally rests on weak derivatives sentiment and a 54% drop in on‑chain activity, even as record spot‑ETF inflows signal strong institutional demand

Cointelegraph · 5mo ago
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Samsung jumps 15% as Asia markets hit record highs

AI‑driven optimism propels Asian equities to fresh highs, with South Korea’s Kospi breaking the 7,000‑point barrier as Samsung rockets 15%. The yen strengthens sharply, adding a currency boost to the

Google News Business · 5mo ago
AMD Shares Rise 15% on AI Data‑Center Revenue Beat

AMD Shares Rise 15% on AI Data‑Center Revenue Beat

AMD’s shares surged 15% after a Q1 earnings beat driven by booming AI data‑center sales, while analysts note the hardware win is echoing the software push from Google’s Gemini AI rollout in Chrome and

Google News Business · 5mo ago
Micron zooms past $700 billion market cap as rally in memory stocks accelerates

Micron zooms past $700 billion market cap as rally in memory stocks accelerates

Micron’s market cap broke the $700 billion barrier as AI‑driven memory demand fuels a rally that pushes U.S. tech stocks to record highs. The surge dovetails with Nvidia’s push into quantum‑AI tools,

CNBC · 5mo ago
AMD Q1 2026 Revenue $10.3B, Data Center Up 57%

AMD Q1 2026 Revenue $10.3B, Data Center Up 57%

AMD posted a $10.3 billion Q1 2026 revenue surge, driven by AI‑focused data center demand, while its non‑GAAP earnings and margins climbed sharply and signaled continued growth with a Q2 outlook of $1

Google News Business · 5mo ago
Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge

Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge

Bitcoin surged to $81,500 as over $500 million poured into spot Bitcoin ETFs, while tokenization gains lifted stocks like Bullish, Galaxy Digital and the Centrifuge token. Analysts say the rally will

CoinDesk · 5mo ago
Coinbase to cut about 14% of global work force in AI-driven restructuring

Coinbase to cut about 14% of global work force in AI-driven restructuring

Coinbase is slashing roughly 14% of its staff—about 700 jobs—to curb costs amid a crypto trading slump and to pivot toward AI‑driven productivity. Analysts see the move as a profit‑supporting trim, wh

Globe and Mail Business · 5mo ago
Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?

Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?

The Crypto Fear‑Greed Index finally hit neutral at 50, reflecting a 5.45% rise in total crypto market cap and Bitcoin’s push to stay above $81k. Yet Binance’s $11.8 bn stablecoin outflows signal a shr

Cointelegraph · 5mo ago
Clemson Swinney Focuses on Development in NIL Era

Clemson Swinney Focuses on Development in NIL Era

Clemson’s recruiting edge has dulled in the NIL era, dropping the Tigers out of the top‑20 and to a 7‑6 finish—the program’s worst in 15 years. Coach Dabo Swinney pivots to a development‑first mantra,

CBS Sports · 5mo ago
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S&P 500, Nasdaq Hit Records on AI Chip Surge

U.S. equity benchmarks surged to fresh highs as AI chip stocks powered the S&P 500 and Nasdaq, while oil prices slipped and Asian markets mirrored the rally. Reuters, Yahoo Finance and Bloomberg all h

Google News Business · 5mo ago
Coinbase Cuts 700 Jobs, Replaces Managers with Coaches

Coinbase Cuts 700 Jobs, Replaces Managers with Coaches

Coinbase has cut roughly 14% of its workforce—about 700 jobs—while overhauling its hierarchy, swapping traditional managers for 'player‑coaches' and inverting the org chart to accelerate an AI‑driven

Google News Business · 5mo ago
Jamie Dimon backs $1 trillion AI spend at Anthropic event

Jamie Dimon backs $1 trillion AI spend at Anthropic event

JPMorgan Chase chief Jamie Dimon publicly endorsed the trillion‑dollar AI investment wave, declaring the technology’s power justifies the projected $1 trillion capex and urging broader banking safegua

Axios · 5mo ago
Disney Stock Wishes Upon a $25 Billion Revenue Star as New CEO Faces First Earnings Test - TipRanks

Disney Stock Wishes Upon a $25 Billion Revenue Star as New CEO Faces First Earnings Test - TipRanks

Disney's new CEO delivered a $25 billion revenue milestone in its first earnings report, buoying the stock as analysts from Zacks, CNBC and Yahoo Finance flag the company as a market leader. Meanwhile

Google News Business · 5mo ago
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AMD Q1 Earnings Test 60% YTD Stock Surge

AMD heads into its first-quarter earnings report Tuesday after the close with shares up nearly 60% year-to-date at record highs, and options traders pricing in an 8% post-earnings swing as Wall Street

Google News Business · 5mo ago

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