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Finance News — Page 335

Bitcoin Drops 2% to $68K as Trump Issues Iran Ultimatum

Bitcoin Drops 2% to $68K as Trump Issues Iran Ultimatum

President Trump set an 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz or face destruction, rattling global markets and pulling Bitcoin down 2% to $68,117 as oil surged past $115 a barrel.

Decrypt · 6mo ago
Dallas Fed: Prolonged Hormuz Closure Could Push US Inflation Past 4%

Dallas Fed: Prolonged Hormuz Closure Could Push US Inflation Past 4%

A Dallas Fed study warns that a prolonged disruption to oil shipments through the Strait of Hormuz could push U.S. headline inflation above 4% by year-end, potentially sending oil to $167 per barrel a

Economic Times Markets · 6mo ago
Pine Labs Stock Slides 45% From Peak as Analysts Warn

Pine Labs Stock Slides 45% From Peak as Analysts Warn

Pine Labs shares have fallen 45% from their post-IPO peak despite the company reporting a swing to profitability in Q3FY26, with analysts warning of elevated valuation and continued selling pressure.

Economic Times Markets · 6mo ago
12 Penny Stocks Doubled While Nifty Fell 7%

12 Penny Stocks Doubled While Nifty Fell 7%

Twelve penny stocks delivered returns exceeding 100% over six months even as the Nifty fell 7%, with the rally driven by low liquidity and retail speculation rather than fundamental improvement.

Economic Times Markets · 6mo ago
Trump Pauses Iran Attacks, Oil Drops 16% Markets Surge

Trump Pauses Iran Attacks, Oil Drops 16% Markets Surge

U.S. President Donald Trump’s pledge to halt attacks on Iran, conditional on the Strait of Hormuz reopening, triggered a sharp plunge in oil prices and a rally across Asian equity markets.

CNBC · 6mo ago
Ray Dalio: Stocks Ignore Prolonged World War Risk

Ray Dalio: Stocks Ignore Prolonged World War Risk

Ray Dalio warned in an X post that equity markets are underpricing the risk of a prolonged, multi-front global conflict, saying the current US-Israel-Iran confrontation is part of a broader world war

Economic Times Markets · 6mo ago
Stocks Rally: Torrent Power, GAIL, J&K Bank, Ola

Stocks Rally: Torrent Power, GAIL, J&K Bank, Ola

Indian markets extended gains for a third straight session amid volatility, with investor attention now shifting to potential ceasefire developments and the upcoming Monetary Policy Committee (MPC) me

Economic Times Markets · 6mo ago
Trump‑backed ceasefire slashes oil, lifts stocks

Trump‑backed ceasefire slashes oil, lifts stocks

A two‑week U.S.–Iran ceasefire sparked a market rally, slashing oil to $94 a barrel, boosting S&P 500 futures over 2%, lifting currencies, gold and risk‑on assets, while the dollar fell broadly.

Globe and Mail Business · 6mo ago
Nifty IT Index Gains 2.5% as Traders Build Long Positions

Nifty IT Index Gains 2.5% as Traders Build Long Positions

Indian IT stocks rallied as the Nifty IT index rose 2.5%, driven by bullish derivative bets, short covering, and a perception of cheaper valuations amid easing AI pressure and higher energy costs.

Economic Times Markets · 6mo ago
FPIs Sell ₹8,000 Crore Bonds as Hedging Costs Surge

FPIs Sell ₹8,000 Crore Bonds as Hedging Costs Surge

FPIs sold ₹8,000 crore in Indian bonds after RBI curbs on banks' and corporates' open positions sent hedging costs to a near-two-decade high, with daily outflows more than doubling from prior levels.

Economic Times Markets · 6mo ago
Judge Chastises Gary Ng for Inaccurate AI Legal Filings

Judge Chastises Gary Ng for Inaccurate AI Legal Filings

An Ontario judge chastised bankrupt businessman and former Bridging Finance co-owner Gary Ng for using AI to draft last-minute legal filings that cited nonexistent cases in his years-long bankruptcy p

Globe and Mail Business · 6mo ago
GSR partners with SC Ventures-backed Libeara for web3

GSR partners with SC Ventures-backed Libeara for web3

GSR is strategically partnering with Libeara, a tokenization firm backed by SC Ventures, to expand its capabilities as a comprehensive digital asset and Real World Asset (RWA) capital markets partner.

The Block · 6mo ago
Intel Shares Rise 4% After Joining Musk’s Terafab

Intel Shares Rise 4% After Joining Musk’s Terafab

Intel’s stock surged more than 4% to $52.91 after the chipmaker announced it will partner with Elon Musk’s Terafab AI chip complex, signaling renewed market confidence in its turnaround.

Motley Fool · 6mo ago
Apple Stock Dips on Fold iPhone Delay, Launch On Track

Apple Stock Dips on Fold iPhone Delay, Launch On Track

Apple’s shares slipped after a Nikkei Asia report flagged possible months‑long engineering delays for its upcoming foldable iPhone, but Bloomberg and analysts say the launch remains on schedule, keepi

MarketWatch · 6mo ago
Bill Ackman's Pershing Square Bids €55B for Universal

Bill Ackman's Pershing Square Bids €55B for Universal

Billionaire hedge fund manager Bill Ackman's Pershing Square has made a bid to acquire Universal Music Group (UMG) in a complex transaction valued at €55 billion ($64 billion), a move that requires ap

NYT Business · 6mo ago
US Gas Hits $4.11/Gallon, Echoes 1973-74 Crisis Prices

US Gas Hits $4.11/Gallon, Echoes 1973-74 Crisis Prices

Charles Hugh Smith argues that recessions aren't triggered by a specific oil price but by the collapse of "happy story" narratives about economic health colliding with underlying debt and inflation vu

ZeroHedge · 6mo ago
Trump's 8 p.m. Iran deadline spikes oil, lifts VIX

Trump's 8 p.m. Iran deadline spikes oil, lifts VIX

U.S. stocks ended mixed on Tuesday as President Trump's 8 p.m. deadline to force Iran to reopen the Strait of Hormuz spurred heightened volatility and a surge in oil prices for investors.

MarketWatch Bulletins · 6mo ago
Mizuho Trust partners with Nasdaq to court global investors

Mizuho Trust partners with Nasdaq to court global investors

Mizuho Trust & Banking will partner with Nasdaq this fiscal year to connect Japanese firms with overseas investors, leveraging the U.S. exchange's global network to gather investor feedback and build

Japan Times · 6mo ago
Wells Fargo Upgrades Tech, Downgrades Energy Sectors

Wells Fargo Upgrades Tech, Downgrades Energy Sectors

Wells Fargo’s investment strategists upgraded the S&P 500 technology sector to a favorable rating while downgrading energy to unfavorable, citing strong AI‑driven earnings growth for tech and a tempor

Yahoo Finance · 6mo ago
Morgan Stanley: Griffin's $916M Bet on Wealth Boom

Morgan Stanley: Griffin's $916M Bet on Wealth Boom

Ken Griffin holds a $916 million stake in Morgan Stanley, which ranks #8 on his list of best stocks to buy, driven by the bank's $9.3 trillion wealth management franchise and a thawing M&A pipeline.

Yahoo Finance · 6mo ago

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