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Finance News — Page 89
AI Bubble Headed for Lehman Moment: Ed Zitron
Tech commentator Ed Zitron is warning that the AI boom is headed for a Lehman Brothers-style collapse, driven by money-losing subscriptions and an industry that keeps burning cash, and even blowout TS
Bitcoin drops to $64,000 as Iran strikes hit crypto
Bitcoin retreated to $64,000 after touching a $65,500 monthly high as profit-taking and fresh Iranian strikes on U.S. military bases in the Gulf dragged crypto lower across most tokens.
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
UnitedHealth posted Q2 results that crushed Wall Street estimates and hiked its 2026 profit outlook, sending shares up roughly 7% premarket, as a $1.5 billion AI push helps the insurer manage elevated
Private Equity Is Buying Canada's Disaster Economy
Private equity firms have spent two decades quietly consolidating the Canadian businesses that respond to disasters, medical emergencies, and deaths, leaving consumers with higher costs and reduced ch
US Stocks Within 0.5% of Record as Oil Prices Climb Higher
US stocks climbed to within half a percent of their all-time record even as oil prices continued pushing higher, capping a session where major indexes notched back-to-back gains.
Bitcoin $107K buyers providing ‘early signals’ of 2026 bear-market bottom: Glassnode
Glassnode data suggests 1-2 year Bitcoin holders — the cohort that bought near the $107,000 peak — are showing a realized-loss reversal pattern that has historically marked bear-market bottoms, while
Foreign Investors Flee Indian Stocks, Pile Into Bonds
Foreign investors are rotating out of Indian equities and pouring record sums into Indian government bonds, driven by tax reforms positioning India for inclusion in a major Bloomberg bond index by ear
South Korea Halts New Single-Stock Leveraged ETF Listings
South Korea is moving to halt new listings of single-stock leveraged ETFs, with the president personally calling for measures to address risks from sharp market swings.
SpaceX Stock Breaks Below $135 IPO Price
SpaceX shares slipped below their $135 IPO price for the first time, closing at $135.27 after dipping to $132.15 — a 33% drop from the post-deal record as a wave of insider selling restrictions begins
Two groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
Bitcoin rallied toward $65,000 this week after softer-than-expected June U.S. inflation data, but on-chain signals show both long-term and short-term holders selling into the bounce — a sign of shaky
KOSPI Crashes 6% on Chip Selloff; TSMC Earnings in Focus
Asian equities fell sharply on Thursday as South Korea's KOSPI plunged more than 6% on a semiconductor-led selloff, while investors awaited TSMC's quarterly results for signals on AI demand and weighe
Asia Stocks Fall on Chipmakers Ahead of TSMC Earnings
Asian shares tumbled Thursday as semiconductor stocks sold off ahead of TSMC's closely watched earnings, with South Korea's KOSPI plunging 6.3% on Samsung and SK Hynix weakness, while bonds rallied on
Anthropic Adds Billions to Credit Line Ahead of IPO
Anthropic is advancing toward a major IPO, securing additional bank credit and preparing investor meetings as it positions itself in the competitive AI landscape.
Asian Chip Stocks Tumble as AI Rally Cools
Semiconductor stocks led a broad selloff across Asian markets on July 15, 2026, as investors grew skeptical that the AI-driven rally can sustain its lofty valuations, with South Korea's Kospi plunging
Warsh Faces Inflation Credibility Test After Hill Hearings
Federal Reserve Chairman Kevin Warsh faces an immediate credibility test after two days of Congressional testimony, with markets now overwhelmingly expecting a rate hike by year's end despite unexpect
BlackRock Shares Rally After Assets Soar Past $15 Trillion - WSJ
BlackRock's assets under management crossed a record $15 trillion on buoyant markets and ETF inflows, pushing its shares higher.
J&J Stock Dips Despite Raised Sales Guidance
Johnson & Johnson's stock dipped after its latest earnings report even as the company raised its full-year guidance on rising sales, while peers like Intuitive Surgical saw their shares rally on their
Oppenheimer Downgrades IBM After Q2 Revenue Miss
Oppenheimer downgraded IBM to Perform from Outperform after the company's preliminary second-quarter revenue of $17.2 billion fell short of Wall Street expectations, triggering a broad sell-off.
Stocks Extend Gains on ASML AI Boost, Soft PPI
US stocks extended gains on July 15, 2026 as ASML's bullish AI-driven sales forecast and a softer-than-expected June wholesale inflation reading offset pressure from rising oil prices tied to Presiden
Burry's Watchlist to Test If IBM's Crash Is Sectorwide
Michael Burry flagged a slate of upcoming earnings from SAP, ServiceNow, Microsoft, and cybersecurity peers as the tests that will reveal whether IBM's worst-ever single-day stock crash reflects an AI
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