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Finance News — Page 84

Sber to Accept USDT, Ether as Crypto Loan Collateral

Sber to Accept USDT, Ether as Crypto Loan Collateral

Russia's largest bank Sber plans to accept USDT and Ether as crypto-backed loan collateral alongside Bitcoin as new regulations take effect Sept. 1, while its CFO publicly questioned demand for Russia

Cointelegraph · 1mo ago
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America's $40 trillion national debt boosts the odds of a lost decade for stocks, market researcher warns - Business Insider

A market researcher warns that America's $40 trillion national debt raises the risk of a 'lost decade' for US stocks, as multiple outlets flag the Treasury market absorbing a surge in AI hyperscaler b

Google News Business · 1mo ago
BitGo Buys NYDIG Trading Unit for $42.5M

BitGo Buys NYDIG Trading Unit for $42.5M

BitGo acquired NYDIG's institutional trading business in a two-step merger worth roughly $42.5 million, adding derivatives, structured products, financing, and capital-markets capabilities to its cust

Decrypt · 1mo ago
Tim Draper Selling $7.9M Tanzania Island

Tim Draper Selling $7.9M Tanzania Island

US billionaire and venture capitalist Tim Draper is selling his private island in Tanzania for $7.9 million and telling prospective buyers to email their best offers quickly.

Google News Business · 1mo ago
Goodyear burning rubber and cash as turnaround plan continues

Goodyear burning rubber and cash as turnaround plan continues

Goodyear CEO Mark Stewart continues his 'Goodyear Forward' turnaround as the tiremaker posts a $453 million first-half net loss, misses his 10% operating margin target, and faces mounting competition

CNBC · 1mo ago
Nvidia Beat Validates AI Buildout as Non-Zero-Sum

Nvidia Beat Validates AI Buildout as Non-Zero-Sum

Strong earnings from Nvidia, Salesforce, and CrowdStrike this week demonstrated that the AI infrastructure buildout is generating winners across both hardware and software, driving the Nasdaq up 0.9%.

CNBC · 1mo ago
U.S. Hiring Slows as Help-Wanted Ads Decline

U.S. Hiring Slows as Help-Wanted Ads Decline

After an early-year surge in new employment, the U.S. labor market is now cooling — a summer hiring slowdown paired with declining help-wanted ads signals that job seekers shouldn't expect easier sear

MarketWatch · 1mo ago
Buffett remains active at 96, but Berkshire's shares aren't doing much

Buffett remains active at 96, but Berkshire's shares aren't doing much

Warren Buffett turns 96 this weekend still actively chairing Berkshire Hathaway, but the company's stock is up just 0.5% year-to-date, trailing the S&P 500 by 12.2 percentage points.

CNBC · 1mo ago
Bitcoin Rally Stalls, But Long-Term Sentiment Remains Bullish

Bitcoin Rally Stalls, But Long-Term Sentiment Remains Bullish

Bitcoin slid as low as $76,877 on Friday after Fed Chair Kevin Warsh's first Jackson Hole keynote warned inflation isn't cooling fast enough, sending September rate-hike odds to 55.7% and triggering $

Decrypt · 1mo ago
US 30-Year Yield Hits 5.24%, Pressures Indian Bonds

US 30-Year Yield Hits 5.24%, Pressures Indian Bonds

The 30-year US Treasury yield climbed to about 5.24% this week, with the August 13 auction posting the highest 30-year yield since 2001, as the US Treasury's doubled bond buybacks failed to hold long-

Mint · 1mo ago
Bitcoin Dips to $78.4K as Warsh Dismisses Soft Inflation

Bitcoin Dips to $78.4K as Warsh Dismisses Soft Inflation

Bitcoin fell to roughly $78,400 after Fed Chair Kevin Warsh's Jackson Hole speech dismissed recent softer inflation prints as evidence of a lasting trend, even as US equities edged higher on his remar

Cointelegraph · 1mo ago
Fed Chairman Seeks to Calm Concerns About Elevated Inflation

Fed Chairman Seeks to Calm Concerns About Elevated Inflation

Kevin M. Warsh said in a high-profile speech that the Federal Reserve was chiefly responsible for taming inflation, but warned that 'we have work to do' if price increases don't return to the central

NYT Business · 1mo ago
Warsh Kills Forward Guidance, Leaves Bitcoin Guessing

Warsh Kills Forward Guidance, Leaves Bitcoin Guessing

On his 100th day as Federal Reserve Chair, Kevin Warsh used his Jackson Hole debut to formally declare that forward guidance 'has overstayed its welcome,' leaving Bitcoin traders—who had briefly pushe

Decrypt · 1mo ago
Crypto Biz: Bitcoin pumps, Wall Street does the paperwork

Crypto Biz: Bitcoin pumps, Wall Street does the paperwork

Strategy's biggest risk isn't a Bitcoin crash but losing capital market access to service $1.76 billion in obligations — Regime Intelligence stress tests show BTC must fall 96% to imperil its 840,447-

Cointelegraph · 1mo ago
Bitcoin Bear Cycle Over: CryptoQuant CEO

Bitcoin Bear Cycle Over: CryptoQuant CEO

CryptoQuant CEO Ki Young Ju declared Bitcoin's bear cycle over after the firm's Bull/Bear Market Cycle Indicator posted its first positive reading in ten months, mirroring a signal that preceded the 2

Cointelegraph · 1mo ago
Marvell Drops 8% Despite $2.7B Revenue Beat

Marvell Drops 8% Despite $2.7B Revenue Beat

Marvell Technology shares fell 8% in premarket trading after its raised fiscal 2028 revenue outlook of approximately $18 billion failed to satisfy investors' elevated expectations, despite a 37% jump

CNBC · 1mo ago
Nvidia, Salesforce earnings shatter bear narratives

Nvidia, Salesforce earnings shatter bear narratives

CNBC's Jim Cramer declared that blockbuster earnings from Nvidia and Salesforce demolished two of Wall Street's most persistent tech bear narratives, sending Salesforce up 22% and Nvidia up 8%.

CNBC · 1mo ago
UAE 'Spy Sheikh' Backs 49% Stake in Trump Crypto Bank

UAE 'Spy Sheikh' Backs 49% Stake in Trump Crypto Bank

Sheikh Tahnoon bin Zayed al Nahyan, the UAE's national security advisor known as the 'spy sheikh,' and his co-investors hold a 49% stake in the holding company for the Trump family's planned crypto ba

CNBC · 1mo ago
$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

Deribit's $6.44 billion Bitcoin options expiry on Friday lands in the same hour as Federal Reserve Chair Kevin Warsh's first Jackson Hole keynote, with traders watching a max pain level roughly $9,000

Decrypt · 1mo ago
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Fed's Collins: Rate Hike Warranted If Inflation Disappoints

Fed official Collins said a rate increase would be warranted if inflation data disappoints, while Fed minutes revealed four regional bank boards wanted a rate hike.

Google News Business · 1mo ago

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