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Finance News — Page 41

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US Stocks Mixed as Traders Monitor Iran; Sandisk Drops

US equities traded mixed with the Nasdaq slipping while Dow and S&P 500 futures edged higher, as traders monitored Iran developments and investors awaited a potential Mideast deal alongside ongoing ea

Google News Business · 17d ago
S&P 500's 6% Rally Was Options-Driven, Not Fundamentals

S&P 500's 6% Rally Was Options-Driven, Not Fundamentals

The S&P 500's roughly 6% rally over five trading sessions since the July 29 Federal Reserve meeting was largely mechanical — driven by aggressive options positioning and dealer hedging flows — rather

MarketWatch · 17d ago
Dimon Warns Margin Debt at Record High, Hidden Leverage

Dimon Warns Margin Debt at Record High, Hidden Leverage

JPMorgan CEO Jamie Dimon warned that margin debt is at its highest level ever, with much of the leverage hidden across hedge funds, ETFs, and Treasury trades—raising the risk of a sudden market jolt—w

CNBC · 17d ago
Honeywell Aerospace Cuts Outlook After Weak Debut

Honeywell Aerospace Cuts Outlook After Weak Debut

Honeywell Aerospace shares plunged after its first earnings report as a standalone company revealed weak results and a slashed outlook due to supply chain issues, despite strong demand.

CNBC · 17d ago
US returns $100 billion in Trump tariffs invalidated by Supreme Court, filing shows

US returns $100 billion in Trump tariffs invalidated by Supreme Court, filing shows

The Trump administration has refunded roughly $100 billion—more than half of the $166 billion in tariffs invalidated by the Supreme Court—through its customs refund system, with more disbursements sti

India Today World · 17d ago
Warsh's Fed Weighs Fewer FOMC Meetings

Warsh's Fed Weighs Fewer FOMC Meetings

Federal Reserve Chairman Kevin Warsh is exploring whether to reduce the central bank's eight annual FOMC meetings as part of a broader push to shrink the Fed's footprint on financial markets, a move e

CNBC · 18d ago
Flutter shares plummet on earnings miss and another key leadership change

Flutter shares plummet on earnings miss and another key leadership change

Flutter Entertainment's stock plunged 13% after the company cut its full-year U.S. profit guidance by 22%, missed Q2 EPS estimates, and announced longtime CEO Peter Jackson will step down in favor of

CNBC · 18d ago
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Sandisk Earnings Soar, but the Stock Is Still Dropping - barrons.com

Sandisk reported fiscal fourth-quarter 2026 results with revenue soaring on AI data storage demand, yet the stock dropped post-earnings in a stark gap between fundamentals and market reaction.

Google News Business · 18d ago
Fed's Cook: 'Prepared to Act' With Rate Hike on Inflation

Fed's Cook: 'Prepared to Act' With Rate Hike on Inflation

Federal Reserve Governor Lisa Cook signaled she's ready to support an interest rate hike, warning that five years of above-target inflation risks becoming entrenched in price- and wage-setting behavio

CNBC · 18d ago
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SpaceX Stock Drops on Ballooning AI Bill - WSJ

SpaceX stock dropped and over 900 million shares unlocked today, with coverage split between ballooning AI costs and broader investor skepticism about Elon Musk's ambitions.

Google News Business · 18d ago
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Sandisk Q4 Revenue Soars on AI Storage Demand

Sandisk reported its fiscal fourth-quarter 2026 results, with revenue surging on AI-driven data storage demand and one outlet upgrading the stock ahead of the print.

Google News Business · 18d ago
SanDisk Stock Drops as Revenue Forecast Misses Estimates

SanDisk Stock Drops as Revenue Forecast Misses Estimates

SanDisk shares fell after its revenue forecast missed Wall Street expectations, even as the company logged AI-fueled revenue growth and drew a bullish analyst upgrade.

Google News Business · 18d ago
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SpaceX Drops 13.6% to All-Time Low on $15.8B AI Capex

SpaceX stock plunged 13.6% to an all-time closing low of $108.27 on Wednesday after its first quarterly report as a public company revealed $15.8 billion in AI capital expenditures for Q2, more than d

Google News Business · 18d ago
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AMD Drops 7% Despite Record $11.5B Revenue

AMD stock fell nearly 7% after the chipmaker posted a record $11.54 billion in Q2 2026 revenue, up 50% year-over-year, as investors judged even blockbuster results insufficient against lofty AI-driven

Google News Business · 18d ago
Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby

Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby

Federal prosecutors in Manhattan charged Few and Far NFT marketplace founder Taj Tarsha with securities fraud and wire fraud, alleging he raised over $10 million from investors and diverted the funds

Decrypt · 18d ago
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Flutter shares plummet on earnings miss and another key leadership change - cnbc.com

Flutter's stock plunged after the gambling company missed earnings, cut its profit guidance, and announced its CEO will step down amid slowing FanDuel growth.

Google News Business · 18d ago
AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth +100% - Seeking Alpha

AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth +100% - Seeking Alpha

AMD reported a 50% revenue jump with data center sales doubling, yet the stock fell 5% as analysts called the results 'not an exceptional result' and the sales outlook disappointed.

Google News Business · 18d ago
AMD Drops 5% as $13B Guidance Falls Short of Bullish Forecasts

AMD Drops 5% as $13B Guidance Falls Short of Bullish Forecasts

AMD shares fell 5% Wednesday after the chipmaker's Q2 earnings beat fell short of elevated investor expectations, with forward guidance meeting some analyst estimates but missing the highest forecasts

Google News Business · 18d ago
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Dan Taylor to Replace Peter Jackson as Flutter CEO

Flutter Entertainment announced Aug. 5 that International division head Dan Taylor will replace Peter Jackson as group CEO effective Oct. 1, with Jackson staying on as an adviser through year's end.

Google News Business · 18d ago
Flutter CEO to Step Down as U.S. Sports-Betting Business Falters; Profit Outlook Cut - WSJ

Flutter CEO to Step Down as U.S. Sports-Betting Business Falters; Profit Outlook Cut - WSJ

Flutter's CEO is stepping down and the company has cut its profit guidance after FanDuel's betting growth slowed and shares tumbled on an earnings miss — the latest in a string of leadership changes.

Google News Business · 18d ago

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