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Finance News — Page 8
Cantor Fitzgerald Launches Institutional Trading on Kalshi
Cantor Fitzgerald announced it will offer institutional clients trading access to prediction market platform Kalshi, becoming one of the first major Wall Street firms to broker block trades on event c
Moderna Stock Doubles on Merck Melanoma Vaccine Results
Moderna's stock more than doubled after the company reported its Merck-partnered melanoma cancer vaccine cut recurrence in a large late-stage trial, sending shares sharply higher across coverage.
Lowe's Lowers Outlook Amid Home Improvement Slowdown
Lowe's reported mixed quarterly results with slight sales growth but lowered its full-year outlook amid signs of weakening consumer spending on home improvement projects.
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
Solstice Finance's David Plisek argues that most of the $13 billion lost in DeFi this spring came from yield strategies quietly failing rather than from hacks, and that headline yield figures obscure
Monzo Outage Breaks Backup Service, Users Locked Out
Monzo suffered a technical outage that left customers unable to make card payments or transfers, with its promised backup service also failing for many users who reported still being locked out of the
RBC Hires Caroline Mulroney as Vice-Chair
Royal Bank of Canada has hired former Ontario cabinet minister Caroline Mulroney — daughter of late PM Brian Mulroney — as vice-chair to deepen client relationships globally as the lender expands in t
Zhibao Raises $154.7M in All-Bitcoin PIPE Deal
Nasdaq-listed Chinese InsurTech firm Zhibao Technology closed a $154.7 million PIPE financing funded entirely with 2,380 Bitcoin contributed directly to its corporate wallet — an all-crypto structure
Treasury Doubles Debt Buybacks to Calm Long-End Bond Rout
The Treasury Department, led by Secretary Scott Bessent, will at least double the size of its government debt repurchases in the 10- to 30-year segment starting September 9, sending long-end yields sh
How India taxes stock market income: investor vs trader, ITR forms
Tax experts explain that Indian stock market income is taxed differently depending on whether activity is classified as investment or business trading, with ITR-3 required for those with both, and del
US Treasury Doubles Long-Term Bond Buybacks
The US Treasury announced it will double its buyback operations for long-term government debt, sending long-dated Treasuries higher as yields fell across outlets.
Nvidia's $500B compute-as-asset pitch, decoded
Nvidia and six Wall Street giants are working on $500 billion in financing to rebrand GPU-backed loans as a new 'compute' asset class, despite CEO Jensen Huang's previous insistence that older chips l
Retail AI put buying nearly doubles since April
Retail investors are hedging their AI bets more aggressively, nearly doubling put-option buying on favored tech stocks since April while pulling back sharply from bullish tech ETFs, even as Schwab's t
Target is set to report earnings before the bell. Here's what to expect
Target posted Q2 results that beat Wall Street estimates, raised its full-year outlook, and revealed that roughly $994 million in tariff refunds gave its bottom line a one-time lift as CEO Michael Fid
China’s backflipping robots leap to blockbuster stock market debut in latest sign of AI boom - NBC News
Unitree Robotics, a Chinese humanoid robot maker, surged 460% on its Shanghai stock market debut, raising $904 million in an IPO that outlets called blockbuster for a company operating under a U.S. ba
Unitree Surges 600% in Shanghai Stock Debut
Chinese humanoid robot maker Unitree surged roughly 600% in its Shanghai stock market trading debut, a blockbuster pop that comes despite U.S. restrictions on the company and that outlets frame as the
Goldman: AI Slows Hiring Most for Entry-Level Workers
Goldman Sachs research shows AI is beginning to weigh on labor markets across major developed economies, with call center employment down 39% in the U.S. and entry-level workers hit hardest by hiring
Swiss Franc Replaces Yen as Carry Trade Funding Currency
Multiple financial outlets report that investors are turning to the Swiss franc as a funding currency for carry trades after Japanese yen intervention disrupted the yen's longstanding role in the stra
Alphabet to Debut Aussie Bond Near 7% Yield
Alphabet is preparing to issue its first-ever Australian dollar bond, pricing the long-dated deal at a record yield near 7%.
US Futures Flat as Tech Sells Off, Oil Rises
US stock futures held steady ahead of key economic releases, as tech shares retreated following a sell-off in AI-related stocks and rising oil prices amid geopolitical tensions involving Iran.
Cramer: Market negativity creates buying opportunities
Jim Cramer told investors Tuesday that widespread market pessimism — driven by the 30-year Treasury yield touching 5.33%, Brent crude topping $90 amid stalled U.S.-Iran talks, and major indexes closin
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