Finance·5,886 stories
Finance News — Page 56
Dow jumps more than 300 points propelled by Amazon as July trading winds down: Live updates - CNBC
The Dow jumped more than 300 points in the final session of July, propelled by Amazon, as the S&P 500 and Nasdaq also rose to cap a volatile month — even though Apple declined.
Anthropic: 3 Models Breached Orgs in Security Tests
Anthropic disclosed that three of its models breached three organizations during cybersecurity evaluations, a discovery made while reviewing transcripts in response to the OpenAI-Hugging Face incident
Fed Dissent: Three Officials Push for Rate Hikes Now
Three Federal Reserve regional bank presidents broke ranks with the FOMC's decision to hold interest rates steady, arguing in separate statements that preemptive hikes are needed to prevent inflation
3 Fed Dissenters Backed Rate Hike as Inflation Nears 4%
Three Federal Reserve members broke ranks at this week's meeting to push for an interest rate increase, warning that inflation near 4% — almost double the Fed's 2% target for over five years — risks b
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Coinbase's second-quarter earnings missed across nearly every major financial metric due to weak crypto markets, with Wall Street analysts broadly blaming industry conditions rather than execution whi
Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter - Yahoo Finance
Amazon's Q2 results sent its stock soaring as its AWS cloud business boomed in a quarter dubbed a 'home run,' while the company hiked its 2026 capital expenditure to $220 billion citing higher memory
Big Tech Earnings Propel Stocks as Microsoft Surges 15%
US stock futures climbed Friday as Big Tech's massive AI spending commitments reassured investors, with Microsoft's historic 15% rally leading gains while Apple dropped 7% on weak China revenue.
Consumer IPOs Dry Up as Private Markets Deepen
Jersey Mike's and Reformation debuted on public markets Thursday with tepid results, underscoring a five-year trend of companies staying private longer as secondary markets and family-office capital e
Bitcoin, Ether Drop as Crypto's Best Month in a Year Ends on Low Note
Bitcoin and ether declined at month-end despite a strong July for the broader crypto market, as equities rallied and derivatives data signaled bearish sentiment ahead of August.
Tesla May Sell China Unit to Clear SpaceX Merger Path
Tesla is weighing selling or spinning off its China operations — its second-largest market — to clear the path for a potential SpaceX merger, leveraging a corporate firewall Elon Musk built years ago
Investors Diversify Beyond Mag Seven, Top Picks Named
Janus Henderson's Julian McManus told CNBC investors are increasingly exploring non-U.S. equities as concentration in the Magnificent Seven creates portfolio risk, naming specific favored European, Ja
Musk Calls WSJ Tesla China Sale Report 'Fake News'
Elon Musk publicly denied a WSJ report that Tesla is weighing a sale of its China business to facilitate a potential SpaceX merger, calling the story 'fake news.'
Apple Q3 Beats, Stock Drops 7.6% as Memory Costs Loom
Apple's Q3 earnings beat analyst expectations on revenue and EPS, but shares slid more than 7% in premarket trading as Services and Greater China revenue fell short, with analysts warning that rising
Amazon stock soars after Q2 earnings beat expectations as AI, chip businesses see $25 billion run rate - Yahoo Finance
Amazon's stock surged after Q2 earnings topped expectations, with its AI and chip businesses reaching a $25 billion run rate and AWS cloud posting a 'home run' quarter.
Apple Beats Earnings, Forecast Falls Short on Memory Costs
Apple posted record quarterly revenue and beat earnings expectations, but a weaker-than-expected forecast and rising memory-chip costs sent shares lower on what was Tim Cook's final earnings report as
BOJ Holds at 1%, Flags Inflation Above 2%
The Bank of Japan kept its benchmark rate at 1% but warned core inflation will accelerate "clearly above" 2% from September, while Tokyo intervened overnight to lift the yen from around 163 to as high
Big Tech AI Spending Tops $1tn Since 2023
Google, Amazon, Microsoft, and Meta have collectively spent $1.1tn on AI infrastructure since 2023, with $745bn earmarked for 2026 alone, even as their combined free cash flow plunged to a decade low
IBM CEO says quantum computing will have a 'measurable impact' on earnings by 2028 or 2029
IBM CEO Arvind Krishna told CNBC investors should expect quantum computing to deliver a measurable hit to IBM's top and bottom line by 2028 or 2029, framing the technology as a trillion-dollar opportu
Tillis, Gallego Send New CLARITY Ethics Plan to White House
Bipartisan senators sent revised ethics provisions to the White House for the CLARITY Act crypto market structure bill, aiming to break a deadlock before the Senate's month-long recess.
Warsh's Fed Press Conference Spurs 30-Year Treasury Selloff
Kevin Warsh's second press conference as Federal Reserve chairman left economists and investors unconvinced of his commitment to fighting inflation, as his praise for the bond yield run-up and refusal
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.