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Finance News — Page 49
AstraZeneca-BMS Merger Talks Draw 'Odd' Verdict From Analysts
AstraZeneca and Bristol Myers Squibb are reportedly in early-stage merger talks that could forge an oncology powerhouse, but Wall Street's verdict was 'odd' — and AstraZeneca's stock fell 6.9% on Mond
SpaceX's post-IPO plunge sets tense backdrop for first earnings report
SpaceX faces intense scrutiny as it prepares to release its first earnings report amid a steep post-IPO stock decline, massive short bets, and questions about its path to profitability despite ambitio
U.S. Sold Euros, Not Dollars, to Prop Up Yen
Coordinated U.S.-Japan intervention lifted the yen roughly 5% from a four-decade low, but reports that the U.S. Treasury sold euros rather than dollars to fund the effort have analysts questioning whe
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Tom Lee's Bitmine Immersion extended its weekly ether accumulation streak with a $19.1 million purchase while also ramping up stock buybacks, as the chairman touted crypto's strongest monthly outperfo
Hyperscaler AI Capex to Top $1 Trillion in 2027
Hyperscaler AI capital expenditures are projected to top $1 trillion in 2027 and exceed operating cash flow through 2028, according to Goldman Sachs, as Meta and Alphabet raise spending guidance while
Bitget set to exit Japan, close all remaining positions by year-end
Bitget, the fifth-largest crypto exchange by CoinGecko volume, will wind down all Japan-based user accounts by December 31, joining a broader regulatory crackdown as Tokyo reclassifies crypto as a fin
AstraZeneca drops 7% on Bristol Myers merger reports
AstraZeneca shares fell as much as 7% on Monday following reports of merger talks with Bristol Myers Squibb, a potential $400 billion tie-up that analysts called strategically puzzling given AstraZene
Japan’s Nissan sees profit for latest quarter but warns of Middle East and China woes
Nissan Motor Corp. returned to a 3.8 billion yen ($24 million) net profit in the April-June quarter, reversing a 115.8 billion yen loss from a year earlier, but CEO Ivan Espinosa flagged ongoing strug
Bithumb now targets 2028 IPO after major internal restructuring
South Korea's largest crypto exchange Bithumb announced plans for a 2028 IPO following a major internal reorganization, aiming to complete risk management assessments by end of 2026 and a preliminary
Goldman: AI Trade Stabilizing as Earnings Hold
Goldman Sachs strategist Ben Snider says recent AI stock turbulence reflects crowded momentum trades rather than a broader market breakdown, with strong corporate earnings — especially from AI infrast
Cathie Wood Buys SpaceX, CoreWeave, Tesla; Trims Shopify
Cathie Wood's ARK fund added SpaceX, CoreWeave, and Tesla to its holdings while trimming Shopify, with SpaceX trading 50% below its post-IPO high ahead of its earnings debut.
10x Research: Bitcoin Bear Market Bottom in August
Multiple analysts, including 10x Research and Grayscale, are converging on the view that Bitcoin's bear market bottom may be imminent, with August emerging as a key window.
U.S.-Japan Yen Intervention: 5% Rally, Rate Gap Still Wide
Japan confirmed a joint intervention with the U.S. Treasury lifted the yen nearly 5% from a 40-year low. Strategists warn the rally may be fleeting without a Bank of Japan rate hike or Fed cuts to clo
Yen hits three-month high after Trump helps prop up currency
The yen surged to ¥155 against the dollar on Monday, its strongest level in three months, after the US and Japan executed their first coordinated currency intervention in 14 years to pull the yen back
Apple Drops 7.35% on Cook's 'Hundred-Year Flood' Supply Warning
Apple shares fell 7.35% after the company beat earnings expectations but issued weak September-quarter guidance, citing severe memory supply constraints that CEO Tim Cook — on his final earnings call
Buy Nvidia, Hold AMD, Sell Intel in 22% Chip Sell-Off
The Motley Fool rates Nvidia a buy, AMD a hold, and Intel a sell amid a 22% semiconductor sector sell-off, citing Nvidia's AI moat and cheap valuation against Intel's cyclical data center gains and no
Warsh Fed Credibility Crisis Looms Under Trump
Kevin Warsh's credibility as Fed chair faces an early independence test under Donald Trump, with The Times, WSJ, The New Yorker, and S&P traders all flagging political-pressure and volatility risks.
Warsh's Silence Spurs Bond Rout Warning From Traders
Bond investors at Brandywine Global and Wellington Management warn of a deepening Treasury rout as Fed Chairman Kevin Warsh's silence on inflation policy erodes market confidence in his rate-tightenin
Situational Awareness Fund Crashes 67% After 439% Run
Situational Awareness, an AI-focused hedge fund built by a young star manager, plunged 67% during the recent AI stock rout, sparking a multi-outlet post-mortem on how its eye-popping 439% prior return
Tech Sector Slumps as AI Stocks Lead July Selloff
Tech stocks sold off sharply in July, with AI and memory stocks leading the decline and erasing the gap between big tech and the broader market.
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