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Finance News — Page 72

Oil Hits $100, Alphabet FCF Flips Negative, Nasdaq Drops 2.6%

Oil Hits $100, Alphabet FCF Flips Negative, Nasdaq Drops 2.6%

Oil crossed $100 on July 23 after Houthi attacks on Red Sea tankers — and the rest of the market broke with it. Alphabet posted negative $5.9 billion in free cash flow while raising 2025 capex to $195

SkimNews · 29d ago
SEBI Approves Quick Transmission for Small Securities Claims

SEBI Approves Quick Transmission for Small Securities Claims

SEBI approved a Quick Transmission Processing framework at its June 19 board meeting to ease securities transfer for small-value claims, as experts urge investors to promptly update nominees across al

Mint · 29d ago
Sberbank to Launch Crypto Trading Infrastructure by December

Sberbank to Launch Crypto Trading Infrastructure by December

Sberbank, Russia's largest bank, plans to launch crypto trading infrastructure and a digital depository by Dec. 1 as new federal rules for crypto trading, custody and settlement take effect Sept. 1.

CoinDesk · 29d ago
Demat Account Growth Slows as SIP Inflows Hit Record High

Demat Account Growth Slows as SIP Inflows Hit Record High

India's new demat account openings dropped below 20% growth last year after five years above 30%, but ClearTax CEO Archit Gupta argues the moderation signals a healthy shift from speculative trading t

Mint · 29d ago
Does crypto make your portfolio less risky? Only if you do it right, experts say

Does crypto make your portfolio less risky? Only if you do it right, experts say

A new Urban Institute survey finds 45% of crypto investors hold digital assets primarily for diversification, though experts warn the benefit depends on small allocations and is eroding as bitcoin's s

CNBC · 29d ago
North Korea Arrests Cyber Operators in State Bank Hack

North Korea Arrests Cyber Operators in State Bank Hack

North Korea has arrested former state cyber operators accused of hacking the country's central bank and Foreign Trade Bank and laundering stolen funds through cryptocurrency via China-based brokers, a

Cointelegraph · 29d ago
Best Senior Citizen FD Rates at SFBs and PSU Banks

Best Senior Citizen FD Rates at SFBs and PSU Banks

Indian small finance banks like Equitas, Shivalik and Jana are offering competitive fixed deposit rates for senior citizens, while several public-sector and private lenders add extra interest for supe

Mint · 29d ago
Fidelity Backs CLARITY Act, Joins Crypto Push

Fidelity Backs CLARITY Act, Joins Crypto Push

Fidelity, the world's third-largest asset manager with $7.1 trillion in managed assets, urged the US Senate on Friday to pass the CLARITY Act, joining a growing coalition of crypto firms and industry

Cointelegraph · 29d ago
Dango’s perp DEX taps out nearly 4 months after launch

Dango’s perp DEX taps out nearly 4 months after launch

Dango's perpetual DEX has shut down roughly four months after launch, holding just under $391,000 in open interest, joining a wave of July crypto platform closures that also swept up 11-year-old perpe

Cointelegraph · 29d ago
Robinhood Chain RWA Value Jumps Fivefold to $70M

Robinhood Chain RWA Value Jumps Fivefold to $70M

Robinhood Chain's real-world assets quintupled to roughly $70 million in under two weeks, with a dozen tokenized equities led by GameStop, Nvidia, and SpaceX now trading meaningful daily volume, thoug

CoinDesk · 29d ago
Musk Won't Rule Out Tesla-SpaceX Merger on July 22 Call

Musk Won't Rule Out Tesla-SpaceX Merger on July 22 Call

During Tesla's July 22 earnings call, Elon Musk was asked about a potential Tesla-SpaceX merger and declined to rule it out, while simultaneously stating the two companies "can't talk about" a deal on

Google News Business · 1mo ago
Dow and S&P 500 Rise as Trump Tariffs Take Effect

Dow and S&P 500 Rise as Trump Tariffs Take Effect

US stocks closed a volatile week with the Dow up 0.7% and S&P 500 up 0.5% while the Nasdaq stayed flat, as President Trump's new Section 301 global tariffs took effect overnight and oil prices eased f

Google News Business · 1mo ago
House Passes Bill Banning Lawmaker Stock Trades

House Passes Bill Banning Lawmaker Stock Trades

The US House passed the Stop Insider Trading Act in a 232-198 vote, sending to the Senate a bill that would bar members of Congress, their spouses and dependent children from buying publicly traded st

Cointelegraph · 1mo ago
1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending

1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending

Alphabet kicked off Big Tech earnings by raising its 2026 capex forecast to $190-205 billion and posting its first-ever negative quarterly free cash flow, intensifying investor scrutiny of AI spending

CNBC · 1mo ago
Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

Poolin Technology, once one of Bitcoin's largest mining pools, filed for Chapter 11 bankruptcy on July 22, owing $163.7 million to roughly 11,700 users whose withdrawals were frozen in September 2022.

Decrypt · 1mo ago
Moody's: AI Spending Threatens Tech Credit

Moody's: AI Spending Threatens Tech Credit

Moody's warned that "unprecedented" AI spending threatens the credit quality of Amazon, Meta, Alphabet, and other major US tech firms, as their hidden debts tied to opaque AI funding climb to $1.65 tr

Google News Business · 1mo ago
Bitcoin ETFs Shed $225M, Ending Seven-Day Inflow Streak

Bitcoin ETFs Shed $225M, Ending Seven-Day Inflow Streak

Spot Bitcoin ETFs lost $225.2 million on July 23, ending a seven-day inflow streak that had pulled in nearly $1 billion, as escalating U.S.-Iran tensions and elevated oil prices triggered a risk-off m

Decrypt · 1mo ago
Crypto Biz: Is the AI-to-crypto rotation underway?

Crypto Biz: Is the AI-to-crypto rotation underway?

Bernstein raised its Robinhood price target to $160 from $130, recasting the brokerage's growth thesis around tokenized assets and prediction markets rather than traditional crypto trading.

Cointelegraph · 1mo ago
Bitcoin falls under $64K as surging US bond yields boost Fed rate-hike odds

Bitcoin falls under $64K as surging US bond yields boost Fed rate-hike odds

Bitcoin slid below $64,000 on Friday as surging US Treasury yields — particularly the 2-year at 4.31% — amplified expectations of further Fed rate hikes, despite a weaker-than-expected CPI print.

Cointelegraph · 1mo ago
India Orders Dorsey's Bitchat Takedown Over Protests

India Orders Dorsey's Bitchat Takedown Over Protests

India's cybercrime agency ordered GitHub to remove three repositories for Jack Dorsey's offline Bluetooth mesh messaging app Bitchat, as Delhi student protesters use mesh tools to coordinate during ex

CoinDesk · 1mo ago

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