Finance·5,878 stories
Finance News — Page 3
Dow Jumps 500 Friday, Logs Second Weekly Loss
The Dow surged 500 points on Friday, August 21, 2026, but the index still finished the week lower for a second straight week alongside rebounds in the S&P 500 and Nasdaq.
Longer-dated Treasury yields rise as Bessent's bond buyback rally fizzles out
Longer-dated U.S. Treasury yields climbed as Treasury Secretary Bessent's midweek bond buyback intervention failed to hold, with the 30-year back above 5.27% ahead of Fed Chair Warsh's Jackson Hole sp
Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand
Gold prices climbed Friday, putting bullion on track for a nearly 5% weekly gain, as Treasury debt surpassing $40 trillion, a weaker dollar, and bond market jitters reignited safe-haven demand for the
CBRE: NYC becomes the top tech talent market for the first time with 394,300 jobs, beating the Bay Area's 375,730, amid SF job cuts and NYC finance sector hires (Diana Olick/CNBC)
CBRE reports New York City surpassed the Bay Area as the largest U.S. tech talent market for the first time, reaching 394,300 jobs versus the Bay Area's 375,730, amid SF tech layoffs and NYC finance s
India's 70% Underperformance Is an AI Hedge: Kothari
DSP's Jay Kothari tells retail investors that India's roughly 70% two-year underperformance versus emerging and global markets may signal a coming turnaround, while warning that the impending IPO rush
Nvidia Earnings, Jackson Hole to Test Stock Rally
Nvidia's Aug. 26 earnings and Fed Chair Kevin Warsh's first Jackson Hole appearance Aug. 27-29 will test whether this year's AI-driven stock rally can withstand surging long-term Treasury yields and r
Bitcoin Surges 25% on Short Squeeze
Bitcoin surged over 25% driven by a massive short squeeze, with multiple outlets citing institutional demand and crypto regulatory progress as contributing factors.
Bessent's Treasury Market Bid Wears Off
Treasury Secretary Bessent's market interventions, dubbed the 'Bessent Bid,' have failed to hold, leaving traders on pause after a week of whiplash in the bond market.
India Now an 'Anti-AI Trade' Poised to Mean-Revert: DSP
DSP's Jay Kothari argues India's two-year 70% underperformance against emerging markets has turned it into an 'anti-AI trade' poised to revert upward, as tech now dominates 46% of emerging markets' we
JPMorgan Warns Treasury Buybacks Are 'Credit Card' Tactic
JPMorgan's James Sullivan warned that the U.S. Treasury's expanded bond buyback program merely shifts the debt burden forward, likening the strategy to "paying your mortgage with your credit card" as
Korean Rookie Investors Lose Fortunes in AI Frenzy
South Korean investors who piled into AI and chip stocks are confronting heavy losses as a chip rout and rising bond yields slammed the market, turning euphoria into despair.
Treasury Turns to Interventionist Tactics to Lower Interest Rates
Treasury Secretary Scott Bessent doubled the government's bond buyback capacity to contain surging long-term yields, but markets pushed back by Thursday as the U.S. national debt crossed $40 trillion.
Warsh faces Fed independence test as Bessent moves in on central bank's turf
Treasury Secretary Scott Bessent's move to expand bond buybacks intensifies scrutiny on Federal Reserve Chair Kevin Warsh, whose stance on Fed independence and coordination with Treasury could shape t
Anthropic could publicly file IPO paperwork as soon as this month - Yahoo Finance
Anthropic is preparing to publicly file IPO paperwork as soon as this month, aiming to match SpaceX's IPO record, with the company telling investors its annualized revenue run rate has reached $65 bil
Anthropic expects to meet or surpass SpaceX IPO size: report (ANTHRO:Private) - Seeking Alpha
Anthropic is targeting an IPO that would match or surpass SpaceX's record size while disclosing a $65 billion annualized revenue run rate as of July, per multiple reports.
Jefferies Sees Nvidia Q2 Revenue Beating Estimates by $3B
Wall Street eyes Nvidia's upcoming quarter, with Jefferies projecting Q2 revenue will top consensus by roughly $3 billion as broader coverage debates the chipmaker's valuation ahead of earnings.
Bitcoin and Dogecoin Top India's Crypto Pairings Across All Ages
CoinSwitch's Q2 2026 report reveals Bitcoin and Dogecoin were the top crypto pairing among Indian investors across every age group, even as younger investors drove new participation while older cohort
Alibaba Profit Drops 75% as AI Spending Surges
Alibaba reported a 75% quarterly net income drop driven by heavy AI investment spending, sending shares down 5% — though its Cloud unit posted 45% revenue growth.
Alibaba Drops 5% as AI Spending Squeezes Net Income 75%
Alibaba shares fell 5% after quarterly earnings revealed a 75% drop in net income driven by heavy AI spending, even as the company's cloud segment posted a 45% revenue surge.
Alibaba Shares Fall 5% as AI Spending Cuts Net Income 75%
Alibaba's shares dropped 5% after the company posted a 75% plunge in net income driven by heavy AI infrastructure spending, even as its CEO projected AI-related ARR to reach $10 billion by September.
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.