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Finance News — Page 71

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Bitcoin Falls 48% as Mainstream Crypto Boom Fails

Roughly 9% of Americans now own cryptocurrency, nearly half of those who ever have, a new Urban Institute report finds — despite Trump's push to make the U.S. the 'crypto capital of the planet' and fe

Google News Business · 28d ago
For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement

For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement

Gen X investors face a growing retirement crisis as portfolios heavily concentrated in S&P 500 funds now sit atop record AI stock concentration that mirrors the dotcom era, with advisors warning a los

CNBC · 28d ago
S&P Industrials Hit Tech-Level P/E on AI Boom

S&P Industrials Hit Tech-Level P/E on AI Boom

The S&P 500 industrials sector is trading at a P/E ratio above 30 — a level historically reserved for tech — as Alphabet, Nvidia, and the broader AI buildout send trillions of dollars in data center s

CNBC · 28d ago
Big Tech Earnings, Fed Decision, $100 Oil: Week Ahead

Big Tech Earnings, Fed Decision, $100 Oil: Week Ahead

Wall Street's busiest week of the quarter features four Big Tech earnings reports, a Federal Reserve interest rate decision, and crude oil hitting $100.

Google News Business · 28d ago
Europe's Crypto Rules Drive M&A Wave

Europe's Crypto Rules Drive M&A Wave

Europe's MiCA regime and the UK's forthcoming FCA crypto framework are pushing the industry's competitive battleground from licensing to regulatory compliance costs, with lawyers and executives predic

CoinDesk · 28d ago
BitMart to wind down exchange, end trading by Aug. 26

BitMart to wind down exchange, end trading by Aug. 26

BitMart announced plans to wind down its exchange and end trading by August 26, sending its BMX token below $0.10 as users reported delayed withdrawals and confusion with the separately-shuttering Bit

Cointelegraph · 29d ago
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%

Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%

BitMart will wind down its crypto exchange after nine years, halting all trading by August 26 and fully closing by January 31, 2027, with its BMX token crashing 58% on the news.

CoinDesk · 29d ago
Asset allocation explained: Why equities, debt and gold should all have a place in your portfolio? Expert explains

Asset allocation explained: Why equities, debt and gold should all have a place in your portfolio? Expert explains

Avisa Wealth Creators' CIO Aditya Agarwal says combining equities, debt and gold is the surest way to reduce portfolio risk and beat inflation, with age-based allocation ratios shifting from 80% equit

Mint · 29d ago
Some ETFs Trade 20% Above NAV as Creation Limits Tighten

Some ETFs Trade 20% Above NAV as Creation Limits Tighten

ETFs can trade at significant premiums or discounts to their net asset value, with international funds quoting 8–20% above NAV due to exhausted overseas creation limits, while Nifty 50 ETFs stay withi

Mint · 29d ago
Morgan Stanley Backs Microsoft at $600, Flags OpenAI Risk

Morgan Stanley Backs Microsoft at $600, Flags OpenAI Risk

Morgan Stanley reiterated its overweight rating on Microsoft with a $600 price target ahead of the July 29 earnings report, betting on Azure's continued growth, but flagged OpenAI's mounting financial

Google News Business · 29d ago
Indian investors: hold US and China, not either/or

Indian investors: hold US and China, not either/or

Vested Finance CEO Viram Shah tells Indian investors that US and Chinese equities are "two very different markets" and should be held together rather than chosen between, noting the S&P 500 trades at

Mint · 29d ago
Primark Cuts Prices to Counter Shein and Temu

Primark Cuts Prices to Counter Shein and Temu

Primark is cutting prices on hundreds of clothing items like jeans, jumpers, and socks, borrowing a 'supermarket tactic' to lure shoppers back from ultra-cheap online rivals Shein and Temu ahead of it

BBC Business · 29d ago
Robinhood eyes Crypto.com for prediction markets boost

Robinhood eyes Crypto.com for prediction markets boost

Robinhood is reportedly in talks with Crypto.com to expand its prediction markets offering with yes-or-no event contracts, adding another exchange partner amid an unresolved jurisdictional fight betwe

Cointelegraph · 29d ago
Here are 4 forces that drove a tough week for stocks

Here are 4 forces that drove a tough week for stocks

Stocks posted a second straight weekly loss with the S&P 500 down 0.6% and the Nasdaq falling 2.1%, driven by surging oil prices on Iran conflict fears, sharp selloffs in AI-exposed names like Alphabe

CNBC · 29d ago
Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation

Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation

Elon Musk's Boring Company is in talks to raise $4 billion at a $20 billion valuation, nearly quadrupling its $5.7 billion mark from 2022, despite worker injury reports and hundreds of environmental v

TechCrunch · 29d ago
Intel Q2 Revenue Jumps 25%, Goldman Holds Neutral

Intel Q2 Revenue Jumps 25%, Goldman Holds Neutral

Intel posted its strongest quarterly revenue growth in over 15 years with a Q2 beat across all major segments, prompting Goldman Sachs to raise estimates by 49% — yet the firm held a Neutral rating an

Google News Business · 29d ago
North Korea arrests hackers in bank crypto laundering bust

North Korea arrests hackers in bank crypto laundering bust

North Korean authorities arrested former military hackers who allegedly breached two state banks — the Central Bank of the DPRK and the Foreign Trade Bank — diverted funds into overseas crypto wallets

CoinDesk · 29d ago
Tesla Revenue Beats, Margin Craters to 3.7%

Tesla Revenue Beats, Margin Craters to 3.7%

Tesla's Q2 revenue beat of roughly $2 billion was overshadowed by a 33% earnings miss and collapsing margins, sending shares down 14.5% as investors priced in $25 billion-plus in capex and a turn to n

Google News Business · 29d ago
Alphabet's $514B AI Backlog Makes Sell-Off Overdone: Analyst

Alphabet's $514B AI Backlog Makes Sell-Off Overdone: Analyst

Seeking Alpha analyst JR Research pushes back against market skepticism over Alphabet's declining free cash flow margins, arguing Google's aggressive AI investment is a strength play, not weakness — a

Google News Business · 29d ago
Oil Demand Crash Caps Prices Despite 11M bpd Supply Loss

Oil Demand Crash Caps Prices Despite 11M bpd Supply Loss

Despite the loss of roughly 11 million barrels per day of oil supply since the US-Iran war began and attacks on Red Sea shipping, crude prices remain well below wartime peaks because global demand has

Google News Business · 29d ago

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