Finance·7,602 stories
Finance News — Page 82
Dell Stock Jumps on Earnings Beat, $95B AI Backlog
Dell Technologies stock rallied after the hardware company posted earnings and revenue that easily beat Wall Street estimates, fueled by booming demand for AI servers.
Asian Stocks Fall 1.8% as Oil Surge Stokes Inflation Fears
Stocks, bonds, and gold all declined as renewed Middle East fighting pushed oil prices higher and stoked inflation fears. MSCI's Asia Pacific gauge fell 1.8% to a one-week low with all 11 industry gro
Australia posts second-quarter growth of 2.1%, beating expectations
Australia's GDP grew 2.1% year-on-year in Q2, beating economist forecasts of 1.8%, driven by private demand and mining exports even as households trimmed fuel and travel spending — a result likely to
Credo Technology Stock Falls Despite Beating Fiscal Q1 Targets - Investor's Business Daily
Credo Technology's stock dropped despite the company beating its fiscal Q1 targets, while one valuation model simultaneously flagged 64% potential upside in the shares.
Bitcoin's Next Move: Bullish Bets Run Up Against a Historical Wall
Bitcoin opened September around $77,500 after a 25% August rally reclaimed its 50-month moving average, but price is stalling just below a sticky $82,500 resistance wall as the historically weak month
Bond Yields Hit New Highs; Stocks Under Pressure
Global bond yields climbed to major new highs on Tuesday as renewed Middle East fighting pushed oil prices higher and traders positioned for interest rate hikes, dragging stock markets lower worldwide
Bitcoin Holds Near $78K as Japan's Bond Rout Hits Fresh Highs
A global bond rout pushed 10-year Japanese government bond yields to fresh highs in a pattern one Brookings fellow called an unprecedented "Liz Truss"-style crisis, while Bitcoin held near $78,000 and
SB Energy Files for IPO, Discloses OpenAI Dependence
SoftBank-backed SB Energy filed for an IPO, disclosing it is 'substantially dependent' on OpenAI as both tenant and equity investor, while none of its data centers are operational and it reported $3.2
Trump says U.S. growth could hit 20%. It’s happened only once since WWII
President Donald Trump floated U.S. GDP growth as high as 20% while arguing that strong expansion should lead the Federal Reserve to lower, not raise, interest rates, despite inflation remaining above
Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks
Shein's Hong Kong debut closed flat at HK$48.50, valuing the fast-fashion retailer at ~US$26.3 billion — far below its US$100 billion 2022 peak — as tariff costs and regulatory scrutiny dampened inves
Eurozone Inflation Hits 3.3% as ECB Rate Hike All But Certain
Eurozone inflation jumped to 3.3% in August, driven by surging energy prices tied to the Iran conflict and Hormuz blockage, leaving traders nearly certain the ECB will deliver a 25-basis-point rate hi
Tim Cook Steps Down as Apple CEO, Ternus Takes Over
Tim Cook stepped down as Apple CEO on Tuesday after 15 years, handing the reins to John Ternus, with Apple's stock surging 2,272% and its market cap growing from $347 billion to $4.7 trillion during h
Citadel: Stock Risk-Reward Worsens as Tough September Begins
Citadel Securities' Scott Rubner is telling clients the near-term risk-reward for equities is shifting as September — historically the market's weakest month — begins, and options are the cheapest the
Shein shares fall in long-awaited stock market debut
Shein shares fell as much as 10% in their Hong Kong stock market debut after the fast-fashion giant raised $1.7bn at a $26.3bn valuation — roughly a quarter of its earlier ~$100bn estimated worth — ca
The $3 trillion oil market has just gotten more accessible than ever: No longer a 'rich man's game'
CME Group launched a 10-barrel WTI crude futures contract priced around $860, the latest and smallest offering in the 'democratization' of oil trading to retail investors.
Micron: Hyperscaler Fab Buys Undercut Bear Case
Seeking Alpha argues that hyperscalers' purchases of Micron's fabrication capacity represent concrete demand commitments that refute the bearish narrative that the stock's rally rests on speculation.
Webull launches crypto in Canada via Coinbase
Webull is launching cryptocurrency trading in Canada, running on Coinbase's Crypto-as-a-Service infrastructure to add digital assets alongside stocks, ETFs and options for Canadian retail clients.
30-Year Yield Rise Is Real Yields, Not Inflation
The 30-year Treasury yield has climbed roughly 10 basis points since Fed Chair Kevin Warsh's Jackson Hole speech, but the move is being driven by real yields rather than inflation expectations, which
Bitcoin Holds Steady as US Strikes on Iran Rattle Stocks and Lift Oil
Bitcoin held above $78,000 on Monday as fresh U.S. strikes on Iran lifted crude and pushed equities lower, with Fed Chair Kevin Warsh's hawkish Jackson Hole remarks boosting September rate-hike odds t
Strive buys 1,800 BTC, becomes fifth-largest corporate holder
Strive purchased 1,800 Bitcoin for approximately $143 million, lifting its corporate treasury to 23,156 BTC and elevating it to the fifth-largest publicly traded corporate holder.
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.