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Finance News — Page 39
Dow tumbles more than 300 points, Nasdaq drops 1% as Treasury yields surge: Live updates - CNBC
The 10-year Treasury yield hit a 19-year high, sparking a broad bond selloff that knocked more than 300 points off the Dow and sent the Nasdaq down 1%.
Raiffeisen to Offer Crypto Trading in 11 EU Markets
Raiffeisen Bank International is partnering with Vienna-based crypto broker Bitpanda to bring retail crypto trading to customers across 11 European markets, building on an Austrian pilot launched in 2
UK economy will grow by less than expected next year, OECD says
The OECD trimmed its UK growth forecast for 2027 to 1.0% from a prior 1.1%, while raising its 2026 outlook to 1.1% from 0.9%, attributing the 2027 downgrade to higher fuel prices driven by the prolong
Home Loan: Key Numbers Beyond Bank Loan Eligibility
Financial experts advise Indian home buyers to calculate sustainable EMI, down payment, emergency fund, and hidden ownership costs before committing to a home loan, rather than relying on the maximum
BitMEX Ends Trading After 11 Years
BitMEX officially ceased all exchange operations at 4:00 UTC on Wednesday after more than 11 years, while keeping user withdrawals open through its website.
Bitcoin ETFs Take $1.7B in 2 Days as BTC Tops Cost Basis
US spot Bitcoin ETFs absorbed over $1.7 billion in two sessions as Bitcoin climbed above the average ETF holder's estimated $81,722 cost basis for the first time since January, lifting total ETF asset
Zcash jumps 10% as Bitcoin Reserve bill clears House panel
Zcash led major cryptocurrencies with a 10% gain as Bitcoin held near $87,000, with analysts citing a House committee vote on a Strategic Bitcoin Reserve bill and an SEC innovation exemption for token
Nasdaq Hits All-Time High on AI Frenzy
The Nasdaq closed at a fresh record high as AI-driven buying accelerated on Wall Street, with multiple outlets framing the milestone as a signal for investors not to wait for a pullback.
Telesat faces showdown with American creditors over debt
Telesat Corp. faces a US$1.71-billion Telesat GEO debt deadline on Dec. 6, plus US$438 million more in 2027, while U.S. creditors allege it illegally shifted 62% of its Lightspeed LEO equity out of th
IMF tells advanced economies to cut debt as costs rise
IMF Managing Director Kristalina Georgieva urged advanced economies including the UK and US to cut borrowing and reduce debt levels, warning that governments had taken "no action" to contain surging i
Nasdaq Hits Record Close as Oil Slides Fifth Day
The Nasdaq closed at a record high on an AI-stock rally, while the S&P 500 held near its own record as oil prices fell for a fifth straight day.
Arch Lending Targets Tokenized Stocks for Collateral
Arch Lending is exploring tokenized stocks as its next collateral market, joining Ondo, Kraken, and Coinbase in building credit rails on a tokenized equities segment that has quintupled in the past ye
Micron, IBD Stock Of The Day, Surges Past Early Buy Point With Earnings Ahead - investors.com
Micron has been named IBD Stock Of The Day after surging past an early buy point ahead of its September 30 earnings report, with multiple outlets highlighting a 260%+ rally and arguing the chipmaker r
Coinbase Preps Post-Quantum Custody With HSM Fallback
Coinbase is designing post-quantum custody architecture for the $250 billion in assets it holds for institutional clients, preparing a fallback to programmable Hardware Security Modules in case Bitcoi
Oil Prices Wobble on Iran Talks, Saudi Pipeline Fix
Oil prices fluctuate as traders assess outcomes from U.S.-Iran talks at the UN and potential repairs to a key Saudi pipeline, with market sentiment split on near-term supply and geopolitical risks.
AMD Joins $1 Trillion Club on AI Chip Demand
AMD has entered the $1 trillion market-cap club, with Reuters and Yahoo Finance framing the milestone as driven by AI-fueled chip demand across the semiconductor sector.
Meta's Muse Adds Billions to Market Cap
Meta's new AI agent Muse is drawing Wall Street attention as a potential new revenue stream, already credited with adding billions to the company's market cap and demonstrating consumer-facing capabil
Meta Muse Adds Billions Amid Labor Concerns
Meta's new Muse AI agent is drawing intense market and consumer attention — adding billions to Meta's market cap and topping App Store downloads — while one analysis warns it may accelerate workforce
Crypto metric signals altseason as Bitcoin market-cap share stalls below 60%
Glassnode's Altcoin Cycle Signal flipped to favor altcoins this week, with the combined altcoin market cap reaching $1.19 trillion — its highest since late January — after gaining 33% since Aug. 19.
Novo Nordisk Stock Tumbles as CEO Defends Diversification
Novo Nordisk shares tumbled after CEO defended the drugmaker's diversification push beyond its Wegovy obesity franchise, failing to appease restive investors who grilled management on pricing and M&A
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