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Finance News — Page 81

ChargePoint CEO says 70% stock surge 'is the beginning of the momentum'

ChargePoint CEO says 70% stock surge 'is the beginning of the momentum'

ChargePoint shares surged more than 70% Thursday after the EV charging company beat Wall Street's Q2 FY2027 expectations with $116.1M in revenue, and CEO Rick Wilmer declared the rally just 'the begin

CNBC · 1mo ago
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Stocks Rise, Yields Steady as Yen Jumps

U.S. equities climbed across major indexes as Treasury yields held steady and the yen gained, with Broadcom shares falling on its earnings report.

Google News Business · 1mo ago
Broadcom AI Revenue Triples to $16.7B

Broadcom AI Revenue Triples to $16.7B

Broadcom delivered a blowout quarter driven by AI chip and networking demand, but its shares fell 3% in premarket trading despite results that beat expectations and a bullish two-year AI semiconductor

Google News Business · 1mo ago
Standard Chartered launches spot BTC, ETH trading in UAE

Standard Chartered launches spot BTC, ETH trading in UAE

Standard Chartered has become the first major global bank to offer institutional spot Bitcoin and Ether trading in the UAE, launching the service through its Dubai International Financial Centre-regul

Cointelegraph · 1mo ago
CLARITY Act heads to Senate for Sept 15 vote

CLARITY Act heads to Senate for Sept 15 vote

The US Senate is set to vote September 15 on the CLARITY Act, which would create a unified federal framework for crypto and digital assets, with industry experts flagging implications for India's comp

Mint · 1mo ago
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Broadcom Third-Quarter Profit Soars on Growing Custom Chip Demand - WSJ

Broadcom reported soaring third-quarter profit on surging custom chip demand and projected a two-year surge in AI chip sales, even as the stock dropped on a Q4 guidance miss.

Google News Business · 1mo ago
Global Bond Rout Pushes Yields to Multiyear Highs

Global Bond Rout Pushes Yields to Multiyear Highs

Global bond yields have surged to multiyear highs as heavy government debt issuance, an oil-driven inflation shock and expectations of tighter-for-longer central-bank policy push borrowing costs struc

CNBC · 1mo ago
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Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady - AP News

Wall Street's major averages edged higher to snap three-day losing streaks as tech stocks led gains and bond yields and oil prices held relatively steady, according to coverage from AP News, CNBC, and

Google News Business · 1mo ago
Broadcom delivers strong earnings view as CEO touts growth with AI labs

Broadcom delivers strong earnings view as CEO touts growth with AI labs

Broadcom topped profit and revenue estimates and unveiled a bullish AI growth plan centered on custom chips for Google, Meta and OpenAI, although its fiscal fourth-quarter revenue forecast fell short

CNBC · 1mo ago
S&P 500 Snaps 3-Day Skid; Bond Rout Persists

S&P 500 Snaps 3-Day Skid; Bond Rout Persists

Wall Street's major indexes rose Wednesday as investors hunted for deals in oversold sectors, snapping a three-day losing streak even as a global bond selloff continued amid US-Iran airstrikes and fre

Google News Business · 1mo ago
Traders are piling into this international stock market that just pulled ahead of the Nasdaq

Traders are piling into this international stock market that just pulled ahead of the Nasdaq

Brazilian stocks have pulled ahead of the Nasdaq year-to-date, and options traders are piling into the iShares MSCI Brazil ETF (EWZ) with unusually heavy, call-dominated activity.

CNBC · 1mo ago
Global Bond Yields Surge as War, Debt Rattle Markets

Global Bond Yields Surge as War, Debt Rattle Markets

The US bond market is flashing warning signs as the prolonged war with Iran, surging energy costs, and America's $40 trillion national debt push Treasury yields to multi-year highs, triggering a globa

Google News Business · 1mo ago
NY Fed's Williams: Yield Surge Reflects Strong Economy

NY Fed's Williams: Yield Surge Reflects Strong Economy

New York Fed President John Williams attributed the surge in Treasury yields to a strong U.S. economy fueled by AI and data center investment, not market dysfunction, while declining to commit on whet

CNBC · 1mo ago
Palo Alto Beats Q4 on AI Demand, Buys Startup Console

Palo Alto Beats Q4 on AI Demand, Buys Startup Console

Palo Alto Networks topped fiscal fourth-quarter revenue and earnings estimates as surging AI-driven cyber threats fueled demand, even as the company posted a net loss and shares dipped in extended tra

CNBC · 1mo ago
Bond Sell-Off: Strategies Beyond Panic for Investors

Bond Sell-Off: Strategies Beyond Panic for Investors

Financial advisors outline strategies for bond investors navigating the 10-year Treasury's surge past 2023 highs—from diversifying maturities and embracing short-duration ETFs to hedging with TIPS and

CNBC · 1mo ago
Live updates: Bank of Canada expected to hold key interest rate as trade war with U.S. escalates

Live updates: Bank of Canada expected to hold key interest rate as trade war with U.S. escalates

The Bank of Canada is widely expected to keep its policy rate at 2.25% for a seventh consecutive decision, as escalating U.S.-Canada tariffs and surging global bond yields complicate Governor Tiff Mac

Globe and Mail Business · 1mo ago
FCNR(B) Deposit Rates Fall After Swap Window Closes

FCNR(B) Deposit Rates Fall After Swap Window Closes

India's major banks have cut FCNR(B) deposit rates to roughly 3-3.5% from around 6.25% after the government advanced the closure of a special swap window that had attracted heavy US dollar inflows.

Mint · 1mo ago
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MongoDB Revenue Beats Estimates But Stock Falls

MongoDB's stock dropped despite beating Q2 revenue estimates, surprising investors who reacted negatively to aspects of the earnings report not reflected in the top-line numbers.

Google News Business · 1mo ago
US borrowing costs hit fresh highs over inflation fears

US borrowing costs hit fresh highs over inflation fears

US Treasury borrowing costs climbed Tuesday as oil topped $92 and persistent inflation revived expectations of a Federal Reserve rate increase, sending the 10-year rate to 4.79%, its highest since Jan

BBC Business · 1mo ago
Bitcoin Posts 26% August Gain as BitMEX Shuts Down

Bitcoin Posts 26% August Gain as BitMEX Shuts Down

Bitcoin's 26% August rally has reignited debate over whether crypto's decade-long promise has paid off or simply been absorbed by traditional finance. Industry voices weigh what's been won — and what'

Cointelegraph · 1mo ago

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