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Finance News — Page 37
S&P 500 Record Close; Dow, Nasdaq Best Week Since April
The S&P 500, Dow, and Nasdaq all posted their strongest weekly gains since April, with the S&P 500 closing at a fresh record high on Friday as U.S. stock futures pointed higher ahead of an upcoming jo
S&P 500 Hits Record Close on Weak Jobs Report
The S&P 500 closed at a record high on Friday, August 7, 2026, capping its strongest week since April, with a weak jobs report cited as the catalyst for the rally.
U.S. Unexpectedly Loses 23,000 Jobs in July
The U.S. unexpectedly shed 23,000 jobs in July per the BLS, with the unemployment rate ticking down to 4.1% only because 264,000 people dropped out of the labor force — undermining the Fed's case for
K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle
The housing market is splitting along K-shaped lines: luxury home sales surged 6.2% in May while starter-home purchases fell 5.4% despite more inventory, per Zillow data.
Trump Imposes 15% Polysilicon Tariff; Solar Stocks Surge
U.S. solar stocks surged in premarket trading after President Trump imposed a 15% tariff on polysilicon products and set minimum prices on related imports, moves designed to shield domestic solar supp
Wintermute Wins SEC Broker-Dealer Approval for US Stocks, ETFs
Crypto market maker Wintermute has secured SEC and FINRA broker-dealer registration for its U.S. arm, giving the New York-based firm a regulated pathway to trade equities, options, ETF blocks, and dig
OpenAI's $300+ Doughnut Smart Speaker Coming 2027
OpenAI's first hardware device — a hockey puck-sized, doughnut-shaped smart speaker with kinetic 'personality' — will reportedly cost $300+ and ship in 2027, according to Bloomberg's Mark Gurman.
2011 Bitcoin Wallet Moves $3.2M Toward FalconX Address
A bitcoin wallet dormant since July 2011 transferred 49.97 BTC (~$3.2M) on Thursday to a SegWit address previously used to deposit funds at institutional brokerage FalconX, with the coins still sittin
US likely added nearly 100,000 jobs in July, but market is still tough for young and unemployed - AP News
The July US jobs report, due Friday, is expected to show roughly 100,000 jobs added — a hiring pickup that masks a still-tough market for the young and unemployed, with wages stuck in place.
Asia Mixed, Oil Up as Traders Await US July Jobs Data
Global markets traded in tight ranges Friday as investors awaited the U.S. July payrolls report, with futures pricing near coin-flip odds of a Fed rate hike next month and oil climbing on fresh Middle
Gold heads for best week since January as inflation fears ebb
Gold is on track for its strongest weekly gain since January as easing inflation fears and a weaker-than-expected July jobs report failed to derail the metal's rally.
Buy SK Hynix, Sell Micron: Trade the Memory Gap
Seeking Alpha analyst The Alpha Analyst recommends a pair trade — long SK Hynix, short Micron — to capture the valuation gap between the two memory chipmakers, betting SK Hynix's roughly half-multiple
As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is tapping the bond market with a 10-tranche investment-grade debt offering that has already attracted demand more than four times its targeted $25 billion size, as heavy AI spending forces t
TTD Stock Crashes 26% On Q2 Miss, Weak Guidance
Trade Desk's stock cratered more than 26% in after-hours trading after the ad-tech firm posted a Q2 revenue and earnings miss and issued Q3 guidance far below Wall Street forecasts.
Trade Desk Drops 24% After Q2 Revenue Miss
Trade Desk shares fell 24% in after-hours trading after the advertising-technology company's second-quarter revenue came in below Wall Street forecasts.
Gold Breaks Higher After Months as Dead Money
Gold prices are breaking higher after months of decline, recovering from a January record above $5,600 that was followed by a sharp pullback as investors rotated into semiconductor and AI-related stoc
Trump-Warsh Closeness Risks Fed Credibility
President Trump has shifted from hostility toward the Federal Reserve to treating Chairman Kevin Warsh as a quasi-Cabinet ally, speaking repeatedly with him since his May 22 swearing-in — a closeness
XRP Whales Accumulate as Crypto Bear Market Nears End
CryptoQuant reports whales are quietly accumulating XRP, Bitcoin, and Ethereum at prices near or below their average purchase cost, a setup the firm says is consistent with the final phase of the cryp
Sandisk Weak Guidance Triggers Chip Selloff
Sandisk's disappointing revenue guidance triggered a broad selloff across AI and memory chip stocks on Thursday, dragging down Western Digital, SK Hynix, Samsung, Micron, and Seagate despite the compa
Sandisk, Western Digital Drop 9-15%, Drag Chip Sector
Shares of Sandisk and Western Digital tumbled in premarket trading after both data-storage companies beat earnings estimates but failed to meet Wall Street's elevated expectations, dragging the broade
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