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Finance News — Page 80

SpaceX snaps 7-day losing streak, sets earnings date that triggers first big share unlock

SpaceX snaps 7-day losing streak, sets earnings date that triggers first big share unlock

SpaceX stock rose 3% on Tuesday, snapping a seven-day losing streak, after the company scheduled its maiden earnings report for Aug. 4 — a date that also unlocks up to 911.5 million shares for insider

CNBC · 1mo ago
Goldman Sachs Creates Platform for Private Company Stakes

Goldman Sachs Creates Platform for Private Company Stakes

Goldman Sachs is formalizing a new 'alternative investments platform' giving wealthy clients and family offices direct access to stakes in private companies like SpaceX and Stripe, plus a marketplace

CNBC · 1mo ago
Traders Pile Into Coinbase Calls as Bitcoin Hits June High

Traders Pile Into Coinbase Calls as Bitcoin Hits June High

Options traders piled into bullish bets on crypto-linked stocks Coinbase and Robinhood on Tuesday as Bitcoin jumped to its highest level since mid-June, with more than $100 million in Coinbase options

CNBC · 1mo ago
Crypto Breakout Odds Rise as AI Stocks Cool: Analyst

Crypto Breakout Odds Rise as AI Stocks Cool: Analyst

Crypto stands to benefit as investors rotate capital from cooling AI-linked equities into digital assets, with Coinbase among Tuesday's top-performing stocks and an analyst seeing elevated odds of a B

Cointelegraph · 1mo ago
FRNT CEO: Crypto Breakout Likely as AI Cools

FRNT CEO: Crypto Breakout Likely as AI Cools

Analysts say crypto could break out of its recent range as the red-hot AI trade cools, with the Philadelphia Semiconductor Index sliding into a technical bear market last week after a roughly 110% ral

Cointelegraph · 1mo ago
Georgia RB Dante Dowdell hospitalized after ATV accident

Georgia RB Dante Dowdell hospitalized after ATV accident

Georgia running back Dante Dowdell, a transfer from Kentucky, suffered serious injuries in an ATV accident at his hometown of Picayune, Mississippi, and is hospitalized at a specialized Atlanta facili

CBS Sports · 1mo ago
Government debt in developed economies to hit record $75.8-trillion in 2026, Fitch says

Government debt in developed economies to hit record $75.8-trillion in 2026, Fitch says

Fitch Ratings projects government debt across developed economies will hit a record $75.8 trillion by end-2026, with the US running the largest deficit as persistent shortfalls, geopolitical shocks, a

Globe and Mail Business · 1mo ago
The worst dotcom bubble investing mistakes are coming for your portfolio. Avoid them

The worst dotcom bubble investing mistakes are coming for your portfolio. Avoid them

Financial advisors warn that today's Mag 7 concentration mirrors the pre-dotcom era, with many investors unknowingly overexposed to tech through their core S&P 500 holdings. Advisors recommend capping

CNBC · 1mo ago
Mallers Quits Twenty One Capital as Tether Merger Collapses

Mallers Quits Twenty One Capital as Tether Merger Collapses

Jack Mallers resigned as CEO of Twenty One Capital on Tuesday, killing Tether's plan to merge three Bitcoin businesses into one publicly traded giant and sending XXI shares down nearly 18% in a single

Decrypt · 1mo ago
Russia passes crypto law with $3,800 retail cap

Russia passes crypto law with $3,800 retail cap

Russia's State Duma passed the country's first comprehensive cryptocurrency law, creating a regulated framework for exchanges and digital asset providers while capping retail purchases at roughly $3,8

CoinDesk · 1mo ago
Bitcoin nears seven-week high as stocks ignore Iran strikes, Trump 10% tariff plans

Bitcoin nears seven-week high as stocks ignore Iran strikes, Trump 10% tariff plans

Bitcoin pushed toward $67,000 and a seven-week high Tuesday while risk assets broadly shrugged off the escalating US-Iran war, Trump's planned 10% tariffs, and surging oil prices.

Cointelegraph · 1mo ago
CoinShares Debuts Bitcoin Mining ETF on Xetra

CoinShares Debuts Bitcoin Mining ETF on Xetra

CoinShares has launched its first UCITS-compliant Bitcoin mining ETF on Deutsche Börse Xetra, giving European investors a regulated, fund-passport-friendly vehicle for exposure to publicly listed BTC

Cointelegraph · 1mo ago
Chipmakers, Earnings Lift US Stock Futures

Chipmakers, Earnings Lift US Stock Futures

US stock futures climbed overnight as chipmaker strength and strong earnings revived risk appetite, with AI names extending gains even as Brent crude pushed above $90.

Google News Business · 1mo ago
Tesla cash burn to test investor faith in physical AI bets

Tesla cash burn to test investor faith in physical AI bets

Tesla is expected to report its first quarterly cash burn in over two years as spending on AI infrastructure and manufacturing soars to $25-billion this year, straining investor patience for payoff fr

Globe and Mail Business · 1mo ago
Exclusive | Icahn to Sell Auto-Service Chain Pep Boys to Mavis for $700 Million - WSJ

Exclusive | Icahn to Sell Auto-Service Chain Pep Boys to Mavis for $700 Million - WSJ

Mavis is acquiring auto-service chain Pep Boys from Icahn Enterprises for $700 million in cash, a deal that also lifted shares across the broader automotive aftermarket sector.

Google News Business · 1mo ago
Clarity Act Odds Hit 43% After Trump Ethics Deal Reports

Clarity Act Odds Hit 43% After Trump Ethics Deal Reports

Polymarket bettors raised the implied odds of the Clarity Act passing in 2026 to 43% after unverified reports that Trump agreed to an ethics provision that had stalled the crypto market structure bill

CoinDesk · 1mo ago
Tesla Q2 Earnings: Sales Jump Meets AI Cash Burn

Tesla Q2 Earnings: Sales Jump Meets AI Cash Burn

Tesla heads into its Q2 earnings with rising sales but growing cash demands from its Optimus and Robotaxi programs, with Musk preparing to field investor questions about the company's AI spending.

Google News Business · 1mo ago
GM Beats Q2, Raises Full-Year Guidance Again

GM Beats Q2, Raises Full-Year Guidance Again

GM topped Q2 expectations and raised full-year guidance for the second time this year, with profits climbing as tariff costs eased — even though US vehicle sales slipped 4.2%.

Google News Business · 1mo ago
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Global Shares Climb as Asia Recovers From AI Sell-Off

Global equity markets mostly advanced, with South Korea and Japan clawing back some of their losses from recent AI-driven stock sell-offs as hopes of a Middle East ceasefire and easing oil prices lift

Google News Business · 1mo ago
Trump backs ethics provision in crypto bill

Trump backs ethics provision in crypto bill

Trump agreed to an ethics provision in the crypto market structure bill as it moved closer to a Senate vote, while Bitcoin rallied after Bessent said the Clarity Act is at the '1-yard line.'

Google News Business · 1mo ago

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