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Finance News — Page 9

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S&P 500 rises to record high as yields move lower: Live updates - CNBC

US equities pushed to fresh record highs across the Dow, S&P 500, and Nasdaq as falling Treasury yields and retreating oil prices lifted markets, with a Google nuclear power deal adding fuel to utilit

Google News Business · 2d ago
How quant funds beat the market by being 'early, contrarian and right'

How quant funds beat the market by being 'early, contrarian and right'

Trend-following hedge funds known as CTAs posted a 15.7% return in the first nine months of the year, beating the S&P 500's 11.7% by going long crude before the Iran war and shorting bonds ahead of th

CNBC · 3d ago
Bitcoin keeps getting rejected at $87,000 as stocks hover near records

Bitcoin keeps getting rejected at $87,000 as stocks hover near records

Bitcoin's push above $87,000 hit its third wall since Sept. 23, even as the Nasdaq 100 closed at a record and the 10-year Treasury yield climbed back to levels last seen in 2002.

CoinDesk · 3d ago
Russian Gold Imports to Hong Kong Hit Record 112.7 Tonnes

Russian Gold Imports to Hong Kong Hit Record 112.7 Tonnes

Western sanctions cut Russian gold off from London, which had absorbed two-thirds of its mine production before 2022, and Hong Kong has absorbed the redirected flow — importing 112.7 tonnes in the fir

CNBC · 3d ago
Five reasons India's stock market is sinking even when its economy is growing

Five reasons India's stock market is sinking even when its economy is growing

India's stock market has posted its longest losing streak in 25 years even as the economy grows above 7%, driven by surging oil prices, a strong dollar, and the country's absence from the AI boom.

BBC Business · 3d ago
McCain heiress turns up pressure for IPO with plans for family meeting

McCain heiress turns up pressure for IPO with plans for family meeting

Eleanor McCain is escalating her push to take McCain Foods public, calling a virtual family meeting this Friday to rally second- through fourth-generation heirs behind an IPO of the world's largest fr

Globe and Mail Business · 3d ago
Cramer: AI Giants Mask Pressure From Surging Yields

Cramer: AI Giants Mask Pressure From Surging Yields

Jim Cramer says Nvidia, Microsoft, and Meta — together nearly 17% of the S&P 500 — are propelling the Nasdaq and S&P 500 to records even as 10-year Treasury yields climb above 5.34% and 30-year yields

CNBC · 3d ago
Thailand targets stability with new economic plan

Thailand targets stability with new economic plan

Thailand's Finance Minister Ekniti Nitithanprapas unveiled the STI strategy — Stabilise Today, Transition Now and Investment for Tomorrow — to drive growth and attract 47 billion baht in investment ac

Bangkok Post · 3d ago
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Nasdaq Hits Record as Yields Climb to Fresh Highs

US stocks rose broadly, with the Nasdaq setting a record high while the S&P 500 narrowly missed and the Dow also gained, even as bond yields climbed to fresh highs and investors appeared to shrug off

Google News Business · 3d ago
Crypto PAC announces support for 32 House candidates in US midterms

Crypto PAC announces support for 32 House candidates in US midterms

Fairshake, the crypto industry's main political action committee, is backing 32 House incumbents who voted for the CLARITY digital assets bill, starting with $6 million across six candidates and plann

Cointelegraph · 3d ago
SpaceX Stock Rebound Returns Musk to Trillionaire Status

SpaceX Stock Rebound Returns Musk to Trillionaire Status

SpaceX shares climbed to their highest level since June, erasing a post-IPO slump and restoring Elon Musk's net worth above the trillion-dollar mark.

Google News Business · 3d ago
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Nvidia Stock Hits Record as Key Supplier’s Revenue Booms on AI Demand - Barron's

Nvidia's stock hit a record high as its market cap closed in on $6 trillion, fueled by surging AI demand that is also boosting a key supplier's revenue.

Google News Business · 3d ago
Treasury Kills Crypto 'Unhosted Wallet' and Mixer Surveillance Rules

Treasury Kills Crypto 'Unhosted Wallet' and Mixer Surveillance Rules

FinCEN formally withdrew its 2020 unhosted wallet reporting proposal and a 2023 crypto mixer designation rule, ending years of industry opposition to two of the most aggressive digital asset surveilla

Decrypt · 3d ago
SpaceX stock climbs to highest since June, returning Musk to trillionaire status

SpaceX stock climbs to highest since June, returning Musk to trillionaire status

SpaceX shares jumped nearly 8% on Monday to their highest level since mid-June, restoring Elon Musk's trillionaire status after a bullish Morgan Stanley note cited Starship progress and AI contracts a

CNBC · 3d ago
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SpaceX Stock Hits June High, Returns Musk to Trillionaire Status

SpaceX stock surged to its highest level since June, restoring Elon Musk's trillionaire status, with a Sequoia partner saying investors are only beginning to grasp the company's value.

Google News Business · 3d ago
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C.H. Robinson Buys RXO for $5.8 Billion

C.H. Robinson agreed to buy freight broker RXO for about $5.8 billion, with RXO's stock soaring on the news and C.H. Robinson signaling openness to more deals.

Google News Business · 3d ago
Aramco CEO: Oil Restocking May Take Longer Than Expected

Aramco CEO: Oil Restocking May Take Longer Than Expected

Saudi Aramco's CEO warned that rebuilding global crude oil inventories will take longer than many expect even after the Strait of Hormuz reopens, though some analysts cite record production and altern

MarketWatch · 3d ago
Oprah-backed True Food Kitchen files for bankruptcy, blaming management turnover and strategy shifts - Business Insider

Oprah-backed True Food Kitchen files for bankruptcy, blaming management turnover and strategy shifts - Business Insider

True Food Kitchen, the Oprah-backed health-focused restaurant chain, has filed for voluntary Chapter 11 bankruptcy, citing management turnover and shifting strategy as the reasons behind its financial

Google News Business · 3d ago
Nvidia Hits All-Time High, Nears $6 Trillion Market Cap

Nvidia Hits All-Time High, Nears $6 Trillion Market Cap

Nvidia's stock hit an all-time high with its market cap closing in on $6 trillion, and multiple outlets are framing the setup as a potential explosive upside breakout.

Google News Business · 3d ago
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ECB Officials See Demand Destruction Capping Inflation

ECB officials Lane and Nagel pointed to weakening demand and growth drags as forces likely to dampen energy-driven inflation, potentially limiting how aggressively the central bank needs to act.

Google News Business · 4d ago

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