Finance·5,886 stories
Finance News — Page 77
Alphabet, Tesla Burn Cash on AI as Wall Street Sours
Alphabet and Tesla reported negative free cash flow and surging capital expenditures on AI, triggering after-market selloffs despite beating revenue expectations and sharpening Wall Street's scrutiny
Sygnum Europe Gains MiCA License for Crypto Services
Sygnum Europe secured a license just before MiCA's transitional period ended July 1, enabling the firm to offer regulated crypto services to banks under Europe's new crypto framework.
UK Short Positions Surge Fivefold Under PM Burnham
Hedge funds have quintupled disclosed short positions in UK equities in early 2026, betting that new Prime Minister Andy Burnham's domestic policy blitz will create winners and losers across utilities
CXMT Crypto Price Tops ICBC Before Record Shanghai IPO
Crypto traders on Hyperliquid are pricing China's largest memory chipmaker ChangXin Memory Technologies at roughly $425 billion ahead of its record Shanghai IPO next Monday — a valuation that would su
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
Bitcoin slipped to about $65,500 as WTI crude surged to $88.60, U.S. Treasury yields jumped to multi-month highs, and Senate Democrats criticized the latest Clarity Act draft, sending its Polymarket p
Futures Slide as Alphabet Drops 3% on $205B AI Capex
U.S. stock futures fell Wednesday evening as Alphabet's 3% after-hours drop on a raised $205 billion AI capex forecast and surging oil prices following new U.S. strikes on Iran rattled investors.
Why we're sticking with Alphabet despite an imperfect quarter and more AI spending
Alphabet's Q2 revenue beat expectations at $119.8B with 24% YoY growth, but a $99B equity investment gain tied to its SpaceX and Anthropic stakes masked weaker operational earnings, sending shares dow
IBM CEO Pins Transformation Struggles on Culture
IBM CEO Arvind Krishna is reframing his ongoing corporate remake as a culture problem, not a strategy problem, saying the company's mindset is still tethered to its legacy licensing-deal era.
IBM lowers full-year forecast after earnings warning
IBM slashed its 2026 revenue growth target after Q2 results missed on both EPS and revenue, sending shares to a record 25% single-day decline.
Alphabet Cloud Surges 82%, Capex Doubles to $44.9B
Alphabet's Q2 revenue beat estimates on an 82% surge in cloud, but a doubling of capital expenditures to $44.9 billion and a miss on EPS left shares flat after-hours as investors weighed the sustainab
Tesla Stock Drops 4% After Q2 Profit Miss
Tesla's Q2 earnings delivered a split verdict: record vehicle deliveries drove revenue past Wall Street estimates, but adjusted EPS fell well short, sending shares down more than 4% after hours as Mus
Paulson: Gold Bull Market Just Beginning
John Paulson told CNBC Wednesday that gold is in the early stages of a long-term bull market driven by eroding faith in paper currencies, and recommended mining stocks — particularly NovaGold, where h
Coinbase Pushes Everything Exchange Into Canada
Coinbase is bringing its "Everything Exchange"—a single app combining crypto, stocks, ETFs, and prediction markets—to Canadian users, with tokenized stocks rolling out to non-U.S. customers this month
S&P launches blockchain fundamentals index for digital assets
Institutional crypto index products launched in waves through 2025 as Hashdex, Franklin Templeton, and MarketVector/Coinbase debuted ETFs, with Bitwise's CIO predicting crypto index funds will dominat
IBM Cuts Guidance After Q2 Revenue Miss
IBM cut its full-year revenue guidance to 4-5% growth after Q2 revenue of $17.2 billion missed estimates, with CEO Arvind Krishna attributing the shortfall to customers shifting budgets toward AI-rela
Tesla holds bitcoin treasury steady, reports $112M impairment loss
Tesla held its 11,509 BTC treasury unchanged through the second quarter, absorbing a $112 million after-tax impairment as bitcoin fell 14%, while mixed earnings beat revenue estimates but missed on pr
IBM cuts annual revenue growth forecast, days after warning of shift to AI spending
IBM cut its 2026 revenue growth forecast to 4-5% and missed quarterly estimates, days after CEO Arvind Krishna warned the company had 'faltered' in adapting as corporate spending pivots toward AI-focu
Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb
The Iran war's energy shock is squeezing U.S. consumers as gas hits $4.06 and diesel surges 34 cents in a week to $5.13 a gallon, with refineries maxed out and the Strategic Petroleum Reserve at its l
Warsh's Quiet Fed Hand Cedes Narrative to Officials
Fed Chair Kevin Warsh's deliberate silence on future policy has shifted the central bank's narrative power to other officials, whose comments are now setting market expectations for the July 29 meetin
Live updates: Bitcoin holds near $66,000 as stocks claw back from big early decline
Alphabet crushed Q2 earnings estimates with $119.8B in revenue, powered by Google Cloud revenue surging 82% year-over-year to $24.8B, well ahead of analyst expectations.
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.