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Finance News — Page 85

Bitcoin's 23% Rally Lifts Miners Past AI-Pivot Stocks

Bitcoin's 23% Rally Lifts Miners Past AI-Pivot Stocks

Bitcoin's ~23% weekly rally lifted Canaan, American Bitcoin, and Cango 41-67%, outpacing AI-pivot miners like CoreWeave (+21%) and IREN (+15%) as Treasury buyback news, CLARITY Act optimism, and a $1.

Cointelegraph · 1mo ago
Bitcoin Tops $80K on Nvidia's $96B Earnings Beat

Bitcoin Tops $80K on Nvidia's $96B Earnings Beat

Nvidia's $96.2 billion Q2 earnings beat — nearly $4 billion above expectations — reignited risk appetite, lifting Bitcoin to fresh highs near $81,000 and setting up Friday's Jackson Hole keynote and $

Cointelegraph · 1mo ago
Family offices are making a bullish bet on the stock market, according to CNBC Family Office Portfolio Tracker

Family offices are making a bullish bet on the stock market, according to CNBC Family Office Portfolio Tracker

Family offices raised their stock allocation to 37% of portfolios in Q2 from 34% in Q1 — the largest quarterly jump in 3-4 years — driven largely by the S&P 500's 15% rally rather than active buying.

CNBC · 1mo ago
Hammack Pushes for Rate Hike at Jackson Hole

Hammack Pushes for Rate Hike at Jackson Hole

Cleveland Fed President Beth Hammack used a Jackson Hole CNBC interview to repeat her call for higher interest rates, citing inflation running around 3% annualized and warning that an 'inflationary mi

CNBC · 1mo ago
Schwab adds Solana, Avalanche, Chainlink to crypto platform

Schwab adds Solana, Avalanche, Chainlink to crypto platform

Charles Schwab will add Solana, Avalanche and Chainlink to its retail crypto trading platform, expanding its digital asset lineup beyond Bitcoin and Ether just months after launching direct crypto tra

Cointelegraph · 1mo ago
Kotak MF's Passive Fund Picks Amid Market Correction

Kotak MF's Passive Fund Picks Amid Market Correction

Kotak Mutual Fund's August 2026 D-Kode report frames the ongoing Indian market correction as a buying opportunity, recommending passive exposure to Nifty 50, Nifty Next 50, low-volatility equities, go

Mint · 1mo ago
A breakdown of the big banks’ third-quarter earnings

A breakdown of the big banks’ third-quarter earnings

All six of Canada's biggest banks — Scotiabank, BMO, National Bank, RBC, CIBC, and TD — beat analyst expectations in Q3 2026, with five of six posting higher profits, extending a 24% year-to-date surg

Globe and Mail Business · 1mo ago
Nvidia Jumps 7% on Bullish AI Revenue Forecast

Nvidia Jumps 7% on Bullish AI Revenue Forecast

Nvidia shares jumped 7% Thursday after CFO Colette Kress guided to 70% revenue growth for fiscal 2028 and CEO Jensen Huang said actual demand exceeds that rate, calming investor fears about AI spendin

CNBC · 1mo ago
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Nvidia Stock Jumps 4%+ After Earnings

Nvidia shares surged more than 4% after the chipmaker reported earnings, lifting U.S. stock futures as a "Macro Minute" video commentary called the results a key "clearing event" alongside in-line Jul

Google News Business · 1mo ago
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Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings - Reuters

Wall Street closed marginally lower as hotter-than-expected inflation data revived Federal Reserve rate-cut uncertainty, pushing Treasury yields higher while traders positioned ahead of Nvidia's close

Google News Business · 1mo ago
Salesforce jumps 12% on earnings beat, Anthropic windfall

Salesforce jumps 12% on earnings beat, Anthropic windfall

Salesforce shares jumped 12% after-hours on an earnings beat — adjusted EPS of $5.90 versus $3.27 expected — driven partly by an 87% net income surge that included a $2.6B gain on the company's Anthro

CNBC · 1mo ago
Nvidia Projects 70% Growth, Shares Rise After Hours

Nvidia Projects 70% Growth, Shares Rise After Hours

Nvidia projected 70% revenue growth for the next fiscal year, sending its shares higher in after-hours trading as the company defended its decision to offer capital solutions to its customers.

Axios · 1mo ago
Better launches Bitcoin mortgages with Coinbase

Better launches Bitcoin mortgages with Coinbase

Better has launched Bitcoin-backed mortgages powered by Coinbase, joining a US push by the FHFA and lenders to count crypto in mortgage underwriting as new-home prices hover near $400,000.

Cointelegraph · 1mo ago
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Salesforce Stock Jumps 12% on Earnings Beat, Anthropic Deal

Salesforce delivered a Q2 FY2027 earnings beat with rising profit and revenue, raised its full-year guidance, and announced an expanded partnership with Anthropic's Claude as its stock jumped 12%.

Google News Business · 1mo ago
Gold vs silver: Which precious metal offers better shield during market volatility? What 26 years of data reveals

Gold vs silver: Which precious metal offers better shield during market volatility? What 26 years of data reveals

Over 26 years, gold posted negative returns in only 4 financial years versus silver's 11, with near-zero correlation to Indian equities that makes it the more reliable hedge during equity downturns, a

Mint · 1mo ago
Bitcoin Drops Below $78K as PCE Inflation Tops Estimates

Bitcoin Drops Below $78K as PCE Inflation Tops Estimates

Bitcoin slipped under $78,000 after July's US PCE inflation reading came in 0.1% above expectations, dragging stocks and gold lower ahead of Nvidia's earnings report and Fed Chair Kevin Warsh's Jackso

Cointelegraph · 1mo ago
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next

Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next

Warner Bros. Discovery is stuck in strategic limbo as its $110 billion merger with Paramount Skydance stalls on antitrust challenges from a coalition of states led by California AG Rob Bonta.

CNBC · 1mo ago
U.S. inflation holds steady above Fed target, quarterly GDP unrevised at 1.5%

U.S. inflation holds steady above Fed target, quarterly GDP unrevised at 1.5%

U.S. annual PCE inflation held at 3.7% in July for the 65th consecutive month above the Fed's 2% target, boosting market-implied odds of a September rate hike to 42% even as Q2 GDP was unrevised at 1.

Globe and Mail Business · 1mo ago
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Stock market today: Dow, S&P 500, Nasdaq futures hold steady ahead of inflation data, Nvidia earnings - Yahoo Finance

U.S. stock futures held steady or turned mixed as traders positioned for Nvidia's upcoming earnings report and the next PCE inflation print, while oil prices slid.

Google News Business · 1mo ago
National Bank posts higher quarterly profit, beating analysts’ expectations

National Bank posts higher quarterly profit, beating analysts’ expectations

National Bank of Canada posted a 23% rise in third-quarter net income to $1.31-billion, with adjusted earnings of $3.39 per share beating the $3.21 analysts expected, as broad growth offset higher cre

Globe and Mail Business · 1mo ago

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