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Finance News — Page 68
Dow jumps more than 500 points as oil prices slide, investors rotate out of chip stocks: Live updates - CNBC
The Dow surged more than 500 points on July 28, 2026, as falling oil prices fueled a broad rotation out of semiconductor stocks, dragging the Nasdaq lower.
Chip stocks slide in US and Asia as AI jitters rattle investors
A global sell-off in AI-linked chip stocks deepened Tuesday after reports Nvidia is in talks to invest up to $250bn in OpenAI's data-centre buildout, dragging Seoul's Kospi down 10.8%.
Indonesian stocks hit bull market after five-year low
Indonesian stocks surged into bull-market territory after a five-year low in early June, driven by attractive valuations, renewed foreign investor interest, and regulatory moves that halted the panic
Nvidia's $250B OpenAI Funding Sparks Asia Chip Rout
Asian markets plunged Tuesday as Nvidia's reported $250 billion OpenAI financing talks raised AI funding concerns, with South Korea's KOSPI dropping 8% and Japan's Nikkei falling 4%. Chinese chipmaker
U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investors
The 60-day correlation between South Korea's Kospi and the Nasdaq 100 has climbed to roughly 0.50 — its highest since 2021 — as AI hardware spending binds U.S. tech giants and Korean memory chipmakers
Dow Edges Up as Oil Drops on Iran Pause; Nasdaq Slips
Stocks ended mixed on July 27 as the Dow held a modest gain while the S&P 500 and Nasdaq slipped into the red, with oil posting its largest one-day drop in two months after the U.S. and Iran paused st
CXMT IPO Sinks Micron, SK Hynix, SanDisk
Chinese memory chip maker CXMT's IPO listing rattled global memory stocks, sending Micron, SK Hynix, and SanDisk sharply lower.
Fed Rate Hike Odds Jump on Prediction Markets
Prediction market traders sharply raised the odds of a surprise Federal Reserve rate hike one day before the FOMC's July 28-29 meeting, with Polymarket and Myriad both pricing roughly a 27% chance of
CXMT IPO Surges 466% on Market Debut
Chinese memory chipmaker CXMT's blockbuster IPO surged 466% on its market debut, rattling chip stocks globally as the company's founder pledged $5.6 billion to workers following the listing.
Nvidia in Talks for $250B OpenAI Backstop
Nvidia is in discussions to provide a roughly $250 billion financial backstop for OpenAI to help it lease a proposed 10-gigawatt data center in southern Ohio being developed by SoftBank's SB Energy.
Crypto stocks rally thanks to rotation from AI infrastructure; bitcoin miners lag
Crypto stocks led Monday's market gains as investors rotated capital out of chip and AI infrastructure names, while AI-exposed and pure-play bitcoin miners fell between 3% and 9% on concerns about cir
JetBlue Launches BlueFirst Cabin, Expands Basic Fares
JetBlue will debut a domestic first-class cabin called BlueFirst by the end of 2026 and extend basic-economy restrictions — no seat selection, change fees, and fewer loyalty points — to its premium ca
Trump backs Warsh, slams 'political' Fed board, demands lowest rates
President Trump endorsed Fed Chairman Kevin Warsh as "fantastic" while slamming other board members as politically motivated and demanding the U.S. cut rates to the lowest in the world — comments made
Perps Hit $1B Week One at Kalshi as Banks Hold Back
Perpetual futures — the roughly $90 trillion crypto trading product — are now approved in U.S. regulated markets through Kalshi and Coinbase, but Wall Street's largest banks are studying the contracts
JetBlue Restructures Fares into Three Tiers Per Cabin
JetBlue is overhauling its fare options, introducing Base, Standard, and Flex tiers across Main, Even More, and BlueFirst cabins ahead of its domestic first-class debut later this year.
Warsh's First Surprise Test: Fed Hike Odds Hit 34%
Markets are pricing in roughly a one-in-three chance the Federal Reserve raises interest rates at this week's meeting, as Chair Kevin Warsh's preference for open-ended deliberations puts the long-stan
Fanatics Buys BGC's Regulated Exchange for Prediction Markets
Fanatics is acquiring BGC Group's federally regulated exchange and clearinghouse to independently launch and settle its own prediction market contracts, as event-based trading booms alongside Kalshi a
Rate path still divides investors: Five things to know in Bitcoin this week
Bitcoin traders face a stacked week of catalysts as the Fed's July 29 rate decision, Thursday's PCE inflation print, and the volatile US-Iran ceasefire all converge around the $65,000 price level.
Nebius Guides $3.4B 2026 Revenue at 550% Growth, 13x Sales
Seeking Alpha analyst argues Nebius remains compelling at 13x sales with 550% year-over-year growth and $3.4 billion 2026 revenue guidance, despite dilution risks tied to aggressive GPU data center ca
Meta's Capex Could Top $200B in 2027
Meta heads into Wednesday's Q2 earnings with investors fixated on whether it will follow Alphabet's lead and raise its already enormous 2026-2027 capital expenditure guidance.
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