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Finance News — Page 67
UPS expects third-quarter domestic revenue to be flat but CEO tells CNBC the company is through its 'bumps'
UPS beat Q2 estimates and raised its full-year 2026 outlook, but warned of flat domestic revenue in the third quarter and saw shares drop roughly 4%. CEO Carol Tomé declared the delivery giant 'throug
Coca-Cola tops earnings estimates, hikes full-year outlook as demand for drinks climbs
Coca-Cola beat Wall Street's Q2 expectations and raised its full-year outlook as global drink demand held up, with the company crediting its World Cup marketing campaign for driving volume gains even
Boeing posts wider loss than expected as Air Force One costs weigh on results
Boeing reported a wider-than-expected Q2 loss after taking a $280 million charge on its delayed Air Force One program, though revenue edged past Wall Street estimates and free cash flow surged.
Yen Tests 40-Year Lows as BoJ Meeting Looms
The Japanese yen is approaching fresh 40-year lows against the US dollar ahead of the Bank of Japan's July 31 rate decision, reviving fears of a yen carry-trade unwind that hammered crypto markets in
Bipartisan Push to Close Crypto Wash Sale Tax Loophole
Bipartisan congressional lawmakers are pushing legislation to close a tax loophole allowing crypto investors to claim loss deductions without divesting holdings, a gap the Treasury estimated would rai
PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal beat Q2 revenue estimates at $8.68 billion but missed on EPS at $1.26, while expanding into stablecoins, agentic payments and biometrics and logging an $81 million crypto-related earnings adjus
Bitcoin Falls as Kospi Crashes 11%, Clarity Act Shelved
Bitcoin fell around 2% overnight as South Korea's Kospi plunged 11% and the U.S. Senate shelved the Crypto Clarity Act to prioritize a Russia sanctions bill, leaving markets anxious ahead of the Fed's
Six Lawmakers Bought SpaceX Stock Days After IPO
Within days of SpaceX's June 12 IPO, at least six House members or their families snapped up shares — and five sit on committees overseeing the rocket company's defense, AI, and securities business.
UPS Beats Q2 Estimates, Lifts Guidance; Shares Fall 8%
UPS posted Q2 2026 revenue of $22.8 billion and adjusted EPS of $1.76, beating Wall Street estimates and prompting a raise to full-year guidance — yet shares dropped roughly 8% as investors weighed so
Planning to start investing in stock market? Avoid these 5 costly beginner mistakes
Investment advisors outline five behavioral mistakes that erode the capital of first-time equity investors — chasing recent winners, panic-selling during volatility, and jumping into high-risk product
BitMEX and BitMart may be first casualties of crypto trading slump
BitMEX will permanently shut down in September after years of regulatory and legal trouble, as collapsing trading volumes and stricter rules push a wave of crypto exchanges into closure — with BitMart
Nasdaq Drops 1.2% as AI Chip Selloff Deepens
The Nasdaq fell 1.16% on Tuesday as AI chip stocks sold off amid investor concerns about runaway hyperscaler spending and rising Chinese competition, ahead of pivotal earnings from Amazon, Meta, Apple
Micron, Nvidia fall after SK Hynix plunges nearly 15% as chip sell-off deepens
A broad semiconductor sell-off that began with SK Hynix's 14.65% plunge in South Korea spread across Asia, Europe, and the US, with analysts citing China's chip ambitions, memory price concerns, and l
S&P 500, Nasdaq Futures Slide as Chip Sell-Off Deepens
A chip sell-off is dragging S&P 500 and Nasdaq futures lower, with tech stocks tumbling on concerns about AI spending and Chinese competition ahead of a packed earnings week.
Bitcoin recovers from Asian session lows; Nasdaq futures remain under pressure
Bitcoin trimmed losses to trade near $63,500 after recovering from an Asian session low as worsening risk aversion dragged Nasdaq futures to their weakest level since May and South Korea's Kospi plung
Chip Stocks Rout Deepens on China Competition Fears
Chip stocks sold off sharply across Asia as fears over circular funding and intensifying China competition rattled the AI trade, with Seoul and Tokyo leading a broad regional decline.
Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10%
Bitcoin slid ~2.7% to roughly $63,200 as South Korea's Kospi plunged 10% and Asian equities sold off sharply. The Senate shelved the CLARITY Act for a Russia sanctions bill, and traders brace for the
Cramer warns margin investors off AI data center stocks
Jim Cramer warned investors using borrowed money to exit AI and data center stocks by 9:30 a.m. the next morning, citing growing fragility in the trade and rising margin debt.
Micron: Server RAM More Profitable Than HBM
Analyst Deep Value Investing keeps Micron Technology at Hold despite hyperscaler capex tailwinds, arguing the chipmaker's record 84.9% margin is being driven by plain server memory, not High Bandwidth
Tesla Stock Erases Year's Gains After Q2 Miss
Tesla stock fell 1.2% to $309.22 on Monday, erasing all 12-month gains, after Q2 operating profit of roughly $400 million missed Wall Street's ~$1.7 billion estimate and the company offered no new AI
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