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Finance News — Page 44
RBI Holds Rates at 5.25%, Cites Moderate Core Inflation
India's central bank held its benchmark rate at 5.25% for a fifth consecutive meeting, leaning on moderate core inflation even as retail prices hit an 18-month high driven by surging oil.
Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears
Bitcoin held near $64,000 while global equities pushed to fresh records and Brent fell on reports of a near-term U.S.-Iran-Oman deal to reopen the Strait of Hormuz, leaving crypto out of a macro rally
Fed Should Hike Rates as Warsh Loses Bond Market Trust
The Federal Reserve faces mounting pressure to raise interest rates as inflation stays well above its 2% target for a fifth straight year and Fed Chair Kevin Warsh's credibility with bond investors ha
US stock market hits record high amid hopes for Strait of Hormuz reopening
The S&P 500 surged to a record above 7,700 as optimism grew over US-Iran talks mediated by Oman to restore shipping through the Strait of Hormuz, pulling oil prices sharply lower and extending a globa
AMD Stock Drops After Q2 Revenue Climbs 50%
AMD posted Q2 earnings showing revenue climbing 50% and data center sales doubling, but the stock tumbled as investors focused on a CapEx surge, SpaceX's reported switch to Nvidia, and a disappointing
AMD Stock Drops 7% Despite 50% Revenue Beat
AMD posted 50% Q2 revenue growth and beat forecasts on surging AI chip demand, but shares fell more than 7% as investors demanded a stronger outlook from a stock that has already doubled year-to-date.
SpaceX, in First Earnings After IPO, Reports Soaring AI Spending
SpaceX's first earnings report as a public company revealed a sevenfold surge in capital expenditures to $18.4 billion, overshadowing 92% revenue growth and a narrower quarterly loss, sending shares d
AMD Drops 8% as SpaceX Pledges Nvidia Vera Rubin Chips
SpaceX CEO Elon Musk committed to Nvidia chips — including the Vera Rubin platform — on the company's earnings call, sending AMD shares down 8% while Nvidia stock climbed.
AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD topped Q2 estimates with revenue up 50% and data center sales more than doubling, but shares slid in extended trading as investors looked for more aggressive Q3 guidance than the $13 billion the c
SpaceX Q2 Revenue Beats But AI Capex Drags Stock
SpaceX posted Q2 revenue that beat expectations, but surging AI capital expenditure costs sent the stock lower despite the top-line outperformance.
SpaceX Mobile Plans Sink T-Mobile, AT&T, Verizon
SpaceX's announcement that it will launch a mobile offering in 2027 using its Starlink satellite network sent shares of T-Mobile, AT&T, and Verizon lower in after-hours trading despite the company dis
AMD Stock Falls as Sales Outlook Disappoints
AMD posted Q2 earnings showing 50% revenue growth and doubled data center sales, but its stock declined as investors deemed the forward sales outlook disappointing against AI-fueled expectations.
The stock market soars. 5 reasons behind the big surge Tuesday
The S&P 500 surged nearly 2% to an all-time high above 7,700 and the Dow jumped more than 900 points on Tuesday, driven by Bessent's hint of an imminent Iran deal, blockbuster Q2 earnings, and a broad
SpaceX AI Revenue Tops Space in First Earnings
SpaceX's first public earnings report revealed the company generated more revenue from its AI operations than from its core space business, with surging AI costs weighing on post-IPO results as inside
SpaceX’s quarterly revenue surges on strong growth in Starlink business
SpaceX posted its first earnings as a public company, with Q2 revenue nearly doubling to $7.8B on explosive Starlink and AI growth, even as capital spending surged to $18B and shares dropped 7.5% afte
Chipotle Stock Drops 10% on Salmonella-Linked Jalapeno Pull
Chipotle shares closed nearly 10% lower after the chain pulled jalapenos from Minnesota restaurants over a potential supply link to a salmonella outbreak, reopening old investor wounds from its 2015-2
Stocks Rally as Investors Grow Hopeful About a Hormuz Deal
U.S. stocks reached record highs and oil fell below $80 a barrel after Secretary of State Marco Rubio and Qatar signaled progress in negotiations to reopen the Strait of Hormuz, though both stressed n
Novo Nordisk raises 2026 outlook as Wegovy pill sales surge
Novo Nordisk beat Q2 2026 earnings forecasts and lifted its full-year guidance after its Wegovy weight-loss pill crossed 5 million U.S. prescriptions, driving an 11% constant-currency jump in adjusted
Why Wall Street Is Feeling So Bullish
Corporate profits are powering the S&P 500 toward another record, with 86% of reporting companies beating analyst expectations this quarter despite a shaky U.S.-Iran cease-fire, rising Fed-rate-hike o
Microsoft Price Prediction: After a 25% Three-Day Rally, Here’s Where The Stock is Headed - 24/7 Wall St.
Microsoft's stock surged 25% over a three-day stretch — its best run in 26 years — fully erasing all year-to-date losses in what coverage called an extraordinary rally.
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