Finance News Summary Today — Page 51

Oil prices climb back toward $100, and US stocks halt their record-breaking rally - AP News

Oil prices rose back toward $100 per barrel while US stock futures for the Dow, S&P 500 and Nasdaq slipped, halting a record‑breaking rally. The market shift reflects heightened concerns over a possib

S&P 500 Falls 0.7%, Historic 9-Week Win Streak at Risk

The S&P 500 fell 0.7% on Wednesday, erasing its weekly gains and putting its nine-week winning streak at risk, as renewed Iran tensions lifted oil prices and Treasury yields.

Dow Jones slides ~600 points as yields and oil rise

The Dow Jones Industrial Average plunged, closing roughly 600‑619 points lower as Treasury yields climbed and oil prices rose after Mideast tensions. The Nasdaq also fell and the S&P 500 dropped 9 poi

Dow Slides 600 Points as Yields and Oil Prices Surge

The Dow Jones Industrial Average fell about 600 points, pressured by higher Treasury yields and oil prices. Wall Street also slipped as Middle East tensions rose and hopes for a rapid US‑Iran deal fad

Stock market today: Dow ends 619 points lower, Nasdaq drops and S&P 500 snaps 9-day win streak as tech wobbles, oil climbs to highest level in more than a week - MarketWatch

The Dow fell 620 points amid Trump war jitters, while the Nasdaq slipped and the S&P 500 ended its nine‑day rally as tech stocks wavered. Oil prices rose to a week‑high, and Broadcom shares hit fresh

Historic stock rally faces key test

The S&P 500 has surged almost 20% in nine weeks, but its nine‑day winning streak appears at risk from after‑hours earnings of Broadcom and Crowdstrike. Broadcom, now a $2 trillion‑plus chipmaker, is u

SpaceX Sets IPO Price at $135, Targets $75B Raise

SpaceX announced Wednesday it plans to price its IPO at $135 per share, targeting a $75 billion total raise.

Bitcoin copying 2022 'almost perfectly' as trader sees key support failing

Bitcoin is trading near two‑month lows around $65,362, echoing the 2022 bear market pattern. Traders including Rekt Capital, Leviathan, Killa and Paradox warn that the 50‑month EMA at $66,628 is losin

loracle.hl loses $46M, goes long on HYPE, ZEC, NEAR

Crypto whale loracle.hl closed his HYPE short, cementing a $46.46 million loss and paying $54,000 in funding fees. He then turned bullish, opening leveraged long positions in HYPE, ZEC and NEAR that t

OECD: Iran war puts global economy on two tracks

The OECD's latest outlook splits the global economy into two paths: a modest slowdown if the Iran war ends soon, or a severe hit dragging some economies toward recession if it persists. Either way, gr

Binance, Alpaca seal revenue‑share for tokenized stocks

Binance announced a revenue‑sharing partnership with Alpaca for its tokenized stock and ETF platform. Alpaca holds $480 million in assets under custody, representing 29 % of the $1.62 billion tokenize

Payward Services Opens Tokenized IPOs to Global Retail

Payward Services, the parent of Kraken, will issue tokenized shares of upcoming US IPOs through its xStocks platform, letting retail investors worldwide buy IPOs without a traditional brokerage. The r

What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock

San Francisco and nearby Bay Area homes are being listed with the option to accept Anthropic or OpenAI shares instead of cash, reflecting the soaring valuations of these AI firms. Agents and sellers,

Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors including Tencent and CATL at a valuation of between ~$52B and ~$59B (Reuters)

Bitcoin's slide to $66,000 is accelerating a shift into digital dollars

The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain c...

Dow and S&P 500 Hit Record Highs on AI Surge

U.S. equities continued their rally, with the Dow inching up and the S&P 500 hitting fresh record highs, buoyed by strong AI‑driven tech buying. Despite Middle East tensions, Wall Street closed modest

Doc Talk Podcast: Tribeca’s Cara Cusumano Gives Us Lowdown On Lower Manhattan Festival’s Documentary Lineup

Tribeca Festival, which kicks off Wednesday, will be thumping to music from its opening moments

Crypto correction vaporized $176B in investor funds: Are bears back in control?

Bitcoin, which had briefly hovered near $76,000 after Iran‑related news, plunged 9% to $67,000, erasing $176 billion of crypto market value in two days and triggering $1.5 billion in forced liquidatio

BofA's Hartnett: Stock Market in 'Late Innings'

BofA strategist Michael Hartnett warned that the stock market has reached the 'late innings' of its cycle, advising investors to be 'long humility and short hubris' as warning signs mount heading into

Where Does Bitcoin Go From Here? This Is What the Charts Say

Bitcoin plunged almost 6% to $67,287, its lowest level since April, as macro tensions—driven by Iran’s repeated closures of the Strait of Hormuz and tight U.S. crude supplies—sapped risk appetite. Ins