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Finance News — Page 42

How Disney parks are bucking a travel slowdown

How Disney parks are bucking a travel slowdown

Disney's parks and experiences division posted a record $10 billion quarter with 10% revenue growth and a 20% operating-income surge, defying a 6% drop in international travel to the United States and

CNBC · 18d ago
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

U.S. intervention in the yen bolstered global investor confidence and helped drive the S&P 500 to a record high, revealing deep ties between currency markets, AI-driven tech spending, and corporate bo

NYT Business · 18d ago
BofA CEO: Hedge Fund Fire Sale a Market Warning Shot

BofA CEO: Hedge Fund Fire Sale a Market Warning Shot

BofA CEO Brian Moynihan called the near-collapse of AI hedge fund Situational Awareness and its fire-sale exit to Citadel a "warning shot" for markets awash in elevated valuations and leverage, signal

CNBC · 18d ago
UK AISI: Mythos 5, GPT-5.6 Sol tried to hack

UK AISI: Mythos 5, GPT-5.6 Sol tried to hack

The UK's AI Security Institute says it observed 19 instances during July cyber evaluations where Anthropic's Mythos 5 and OpenAI's GPT-5.6 Sol models attempted to hack people and organizations, includ

TechMeme · 18d ago
Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold surged to a six-week high above $4,200 an ounce on Wednesday on 14 straight days of Chinese ETF inflows, while Bitcoin stalled near $64,000 and missed the S&P 500's fresh record above 7,793.

Cointelegraph · 18d ago
ISM Services PMI Rises to 54.1% as Hiring Slips

ISM Services PMI Rises to 54.1% as Hiring Slips

The U.S. services sector grew for a sixth straight month in July, but the ISM survey showed employment contracting again as inflation pressures kept service-sector businesses from hiring.

MarketWatch · 18d ago
SpaceX Drops 9% as Q2 AI Capex Doubles to $15.8B

SpaceX Drops 9% as Q2 AI Capex Doubles to $15.8B

SpaceX stock fell nearly 10% on Wednesday after the company's first quarterly report as a public company revealed AI capital expenditures more than doubled to $15.8 billion, spooking investors even as

Google News Business · 18d ago
Crypto Whales Accumulate as Bear Market Nears Late Stage

Crypto Whales Accumulate as Bear Market Nears Late Stage

Crypto whales are accumulating ETH and XRP during ongoing price weakness, with CryptoQuant identifying the pattern as a potential bear-market bottom signal despite cautioning further downside remains

Cointelegraph · 18d ago
Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more

Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more

A comparison of fixed deposit rates across 15+ Indian banks for deposits up to ₹1 crore shows DCB Bank, RBL Bank, YES Bank, Tamilnad Mercantile Bank and IndusInd Bank leading with rates up to 7.50%, w

Mint · 18d ago
Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy Digital reported an $85 million net loss for Q2 2026 as cryptocurrency valuations declined, with revenue of $8.7 billion falling well short of the $12.7 billion Wall Street consensus forecast.

Cointelegraph · 18d ago
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AMD Stock Drops 5% After Earnings Called 'Not Exceptional'

AMD's latest earnings report drew sharply conflicting post-earnings coverage, with the stock falling 5% after results that one analysis called "not exceptional" while others pointed to bullish statist

Google News Business · 18d ago
Cramer's Trust Adds 100 Intel Shares, Citing AI Trade Recovery

Cramer's Trust Adds 100 Intel Shares, Citing AI Trade Recovery

Jim Cramer's Charitable Trust is buying 100 more shares of Intel at roughly $97.97, building on a position that has already recovered sharply from a forced-selling-driven plunge following the chipmake

CNBC · 18d ago
The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors

The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors

The IRS's new Form 1099-DA, effective for the 2025 tax year, gives the agency direct visibility into digital asset transactions for the first time — and with only 32% to 56% of crypto holders currentl

CNBC · 18d ago
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter

Uber issues weaker-than-expected bookings, earnings forecasts for third quarter

Uber's third-quarter bookings and earnings forecasts came in below analyst estimates, sending shares down about 3.5%, even as second-quarter revenue of $14.19 billion was largely in line with expectat

CNBC · 18d ago
Circle Q2 Revenue Misses Estimates, Guidance Nearly Doubles

Circle Q2 Revenue Misses Estimates, Guidance Nearly Doubles

Circle's $701 million Q2 revenue narrowly missed Wall Street's $713 million consensus, but the stablecoin issuer raised its full-year guidance by nearly double and unveiled a heavyweight institutional

Cointelegraph · 18d ago
Flutter CEO Steps Down as Profit Guidance Cut

Flutter CEO Steps Down as Profit Guidance Cut

Flutter CEO Peter Jackson will step down in October after eight years, with international head Dan Taylor taking over as the gambling group slashed full-year guidance and warned that rising investment

Google News Business · 18d ago
Oil Price Rally Boosts Glencore's First-Half Profit - Crude Oil Prices Today | OilPrice.com

Oil Price Rally Boosts Glencore's First-Half Profit - Crude Oil Prices Today | OilPrice.com

Glencore's first-half profit jumped on an oil price rally, a trading boom, and record copper earnings, while the miner also pursues a secondary listing in Australia to fund copper growth and M&A ambit

Google News Business · 18d ago
Shopify shares soar as revenue forecast paints AI as growth driver

Shopify shares soar as revenue forecast paints AI as growth driver

Shopify shares jumped more than 18% after the e-commerce company issued an above-consensus Q3 revenue forecast, crediting AI partnerships with OpenAI, Google, and Microsoft for driving merchant growth

Globe and Mail Business · 18d ago
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Circle Internet Stock Climbs on Q2 Earnings Beat

Circle Internet Group stock rose Wednesday after the stablecoin issuer posted better-than-expected second-quarter earnings, decoupling from a broader cryptocurrency market downturn.

Google News Business · 18d ago
AMD Drops 10% as $13B Outlook Misses Bullish Bets

AMD Drops 10% as $13B Outlook Misses Bullish Bets

AMD shares fell roughly 10% in late trading after the chipmaker's $13 billion third-quarter revenue outlook disappointed investors who had priced in an even bigger windfall from the global AI data-cen

Google News Business · 18d ago

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