Finance·5,882 stories
Finance News — Page 31
Dow, S&P 500, Nasdaq Slip as Oil Climbs on Iran Uncertainty
US stocks edged back from recent records on August 10, 2026, with the Dow, S&P 500, and Nasdaq all slipping as oil prices climbed on uncertainty over a potential Iran-Hormuz deal.
Intel to Sell $15 Billion in Stock After AI Boosts Demand - Bloomberg.com
Intel upsized a major stock offering to roughly $20 billion at $95 per share, capitalizing on surging investor appetite driven by AI demand for its products.
SpaceX stock rebounds, closing above $135 IPO price for first time in weeks
SpaceX shares jumped 4% Monday, closing above their $135 IPO price for the first time in weeks after the rocket maker's first earnings report beat revenue expectations and analysts backed its path to
Intel plans $15 billion stock offering as AI demand accelerates
Intel announced a $15 billion common stock offering on Monday to fund capital expenditures for surging AI computing demand, sending shares down 4%.
XRP Price Weakens as Crypto Market Awaits Clarity
XRP remains the weakest performer in the crypto top 10, stuck near $1.03 in a death cross formation, as the Senate's failure to vote on the Digital Assets Market Clarity Act before August recess erode
Wall St Ticks Lower on Hormuz Uncertainty
US stock indexes edged lower or held flat as traders watched for developments on a possible Strait of Hormuz deal, with oil prices rising and Intel shares declining ahead of awaited economic data.
Barrick Stock Slides as Newmont Deal Sets Up Gold Asset IPO
Barrick's stock declined after the mining giant announced a deal with Newmont to combine some of their mines, setting the stage for an IPO of Barrick's North American gold assets by year's end.
Diageo Looks to Revive Three Lagging Liquor Icons From the Shelf Up - WSJ
Diageo, the world's biggest spirits maker, announced a $1 billion cost-cutting plan to confront weak growth, sending its shares up 4% as it also moves to revive three lagging liquor brands.
July CPI Print Set to Test AI Stock Rally and Warsh
Markets are flat in futures as investors await July CPI data, expected to rebound from June's surprise, with the print framed as a test for the AI stock rally and Warsh's tough talk on policy.
Santoli: Stocks return to winning ways. Why the market gods may not be satisfied with July's brief pain
The S&P 500 broke out to fresh all-time highs above 7750 after a three-month consolidation, with a July hedge-fund liquidation and Fed's cagey tone providing the scare-and-relief sequence bulls needed
Aum Ventures Raises Rs 225 Cr First Close of Deeptech Fund
Aum Ventures has raised Rs 225 crore in the first close of its Rs 750 crore India Innovation Fund II, targeting early-stage Indian deeptech startups across space, semiconductors, AI, defence and advan
Bezos, Saverin Join $6B Liverpool FC Stake Deal
Jeff Bezos and Eduardo Saverin are part of a consortium nearing a deal to buy a 30% stake in Liverpool FC from Fenway Sports Group, valuing the club at $6B.
SpaceX retail investors sell for first time since IPO
SpaceX retail investors turned net sellers for the first time since the company's June IPO, offloading a net US$4.5-million on Aug. 7 as shares dipped below the US$135 debut price following SpaceX's f
Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein's discount-driven business model is collapsing under U.S. tariffs and Europe's end to duty-free shipping exemptions, forcing the fast-fashion giant to accelerate a pivot to higher-margin supply
Kalshi adopts Nasdaq surveillance to police insider trading
Prediction market platform Kalshi has struck a multiyear deal to integrate Nasdaq's surveillance technology, aiming to detect market manipulation and insider trading in real time as the sector faces h
Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets
Bitcoin held above $65,000 and Ether climbed past $1,900 as speculation that Iran and Oman were nearing a deal to reopen the Strait of Hormuz eased geopolitical risk and lifted broader markets, while
Berkshire Hathaway accelerates buybacks, lowers cash stake as profit tops forecasts
Berkshire Hathaway ramped up buybacks and made a $10 billion addition to its Alphabet stake in Q2, drawing down its record cash hoard as operating profit beat analyst forecasts.
J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength - Reuters
J.P. Morgan raised its year-end 2026 target for the S&P 500 to 8,000, citing AI spending and earnings strength as the drivers behind the more bullish outlook.
Gold edges higher as Fed hike bets fade
Gold prices edged higher across multiple outlets as bets on further Federal Reserve rate hikes faded following soft US jobs data, with traders now eyeing upcoming US inflation figures as the next cata
Shein IPO Value to Fall Short of $30 Billion Targeted by Some Investors, BI Says - Bloomberg.com
Shein is being valued at $22 billion to $25 billion ahead of its IPO, well below the $30 billion some investors had targeted, while tariffs on its low-price model draw warnings of an existential threa
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.