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Finance News — Page 44

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Bitcoin Jumps Above $86,000 to 8-Month High - wsj.com

Bitcoin surged above $86,000 to its highest level since January before pulling back from the eight-month peak following a 13% rally, reigniting debate over whether the long 'crypto winter' has ended.

Google News Business · 18d ago
S&P 500 Rises 1% as AI Stocks Surge, Oil and Yields Fall

S&P 500 Rises 1% as AI Stocks Surge, Oil and Yields Fall

The S&P 500 climbed about 1% and the Nasdaq surged roughly 2% as AI-related and chip stocks rallied, while oil prices and Treasury yields both retreated to remove key macro headwinds.

Google News Business · 18d ago
AMD Crosses $1 Trillion Market Cap on AI Chip Demand

AMD Crosses $1 Trillion Market Cap on AI Chip Demand

AMD stock surged 9% to an intraday high of $613.92 on Monday, pushing the chipmaker past a $1 trillion market cap for the first time as AI-fueled data center revenue jumped 107% year-over-year.

CNBC · 18d ago
Neocloud Nscale, Rival Of CoreWeave And Nebius, Files For IPO - Investor's Business Daily

Neocloud Nscale, Rival Of CoreWeave And Nebius, Files For IPO - Investor's Business Daily

UK neocloud startup Nscale filed for an IPO, revealing $103 billion in data center contracts dominated by customers Anthropic and Microsoft.

Google News Business · 18d ago
Greenland stocks soar 159%+ on Trump-Denmark deal

Greenland stocks soar 159%+ on Trump-Denmark deal

U.S.-listed stocks tied to Greenland's resource sector posted triple-digit gains Monday after President Trump announced a security pact with Denmark that will expand U.S. military presence on the Arct

CNBC · 18d ago
AMD joins $1-trillion club as chipmakers rally on AI-driven demand

AMD joins $1-trillion club as chipmakers rally on AI-driven demand

AMD briefly crossed $1 trillion in market capitalization for the first time Monday, becoming the fourth U.S. chipmaker to hit the milestone amid a broader chip-sector rally fueled by AI demand.

Globe and Mail Business · 18d ago
Smart ring maker Oura targets $15.62-billion valuation in U.S. IPO

Smart ring maker Oura targets $15.62-billion valuation in U.S. IPO

Smart ring maker Oura launched its U.S. IPO road show targeting a $15.62-billion fully diluted valuation, pricing 50 million shares at $40-$44 to raise up to $2.2-billion in the first major test of in

Globe and Mail Business · 18d ago
Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC

Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC

Strategy resumed Bitcoin buying after a two-week pause, purchasing 950 BTC for $75.7 million while simultaneously spending $174 million to repurchase its STRC perpetual preferred stock during the same

Cointelegraph · 18d ago
Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins

Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins

Treasury Secretary Scott Bessent defended the dollar's global standing against a bearish New York Times report, leaning on its role in 89.2% of FX transactions and stablecoin adoption as the 10-year T

CoinDesk · 18d ago
Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over

Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over

Bitcoin topped $85,000 on Monday, its highest level since late January, as Bitwise CIO Matt Hougan declared 'it's crypto spring' amid a rotation out of AI stocks and deepening institutional involvemen

CNBC · 18d ago
Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets

Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets

Bitcoin pushed past $85,000 as a cascade of forced short liquidations reshaped crypto derivatives positioning, with traders replacing closed bets rather than retreating from the market.

CoinDesk · 18d ago
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SoftBank Seeks Over $11 Billion in Junk Bonds for OpenAI Bet - Bloomberg.com

SoftBank is launching one of the largest junk bond deals in recent memory, seeking over $11 billion to fund its investment in OpenAI.

Google News Business · 18d ago
Novo stock falls as much as 7% despite $23 billion sales target for blockbuster obesity drugs

Novo stock falls as much as 7% despite $23 billion sales target for blockbuster obesity drugs

Novo Nordisk unveiled ambitious long-term growth targets at its Capital Markets Day, but shares fell as much as 7% as investors focused on the looming loss of semaglutide patent exclusivity in the U.S

CNBC · 18d ago
Live updates: Bitcoin hits $85,000 as short liquidations hit $300 million in an hour

Live updates: Bitcoin hits $85,000 as short liquidations hit $300 million in an hour

Bitcoin pushed toward $85,000 on Monday as a short squeeze forced roughly $300 million in bearish position liquidations within a single hour, according to CoinDesk and CoinGlass data.

CoinDesk · 18d ago
BDC first Canadian to join NATO DIANA investor network

BDC first Canadian to join NATO DIANA investor network

BDC became the first Canadian member of NATO DIANA's Capital Network, gaining access to allied defence-tech investment pipelines and ministry briefings. The move builds on BDC's expanded $6-billion de

Globe and Mail Business · 18d ago
Fed Hike Pushes India 10-Year Yield Past 7%

Fed Hike Pushes India 10-Year Yield Past 7%

The US Fed's 25-basis-point rate hike on September 16 pushed the 10-year Treasury yield to ~5.02%, dragging India's 10-year G-Sec yield above 7%, and Indian debt mutual fund managers are split on posi

Mint · 18d ago
Stocks Rally on AI Optimism as Oil Drop Lifts Bonds

Stocks Rally on AI Optimism as Oil Drop Lifts Bonds

Global equities climbed on AI-driven optimism, and falling oil prices pulled bond yields lower across markets.

Google News Business · 18d ago
AI Risk Hard to Avoid for Billion-Dollar Funds

AI Risk Hard to Avoid for Billion-Dollar Funds

Bloomberg and CNBC both report that AI-related market risk has become unavoidable, rattling billion-dollar institutional funds and threatening to spill into ordinary retirement savers' 401(k)s.

Google News Business · 18d ago
Bank strike from Sept 28-30: Will it affect your loan EMI and credit card bill payments? Check details here

Bank strike from Sept 28-30: Will it affect your loan EMI and credit card bill payments? Check details here

India's United Forum of Bank Unions (UFBU) has called a nationwide three-day bank strike from September 28-30 demanding a five-day work week and pension reforms, though digital payment channels and AT

Mint · recently
Duration Risk in Debt Funds: How It Moves NAV

Duration Risk in Debt Funds: How It Moves NAV

Duration risk in debt mutual funds drives NAV swings when interest rates move, with longer-duration portfolios facing greater sensitivity — a concept BajajCapital's Sanjiv Bajaj says investors must un

Mint · recently

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