Finance·5,887 stories
Finance News — Page 92
Inflation Cools to 3.5%, Nasdaq Leads Rally
June inflation slowed to 3.5% on falling gasoline prices, lifting stock futures and sending the Nasdaq to lead US indexes higher on July 14, 2026.
Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade
Bitcoin surged toward $65,000 as cooler-than-expected U.S. inflation data reduced odds of a near-term Fed rate hike, boosting risk assets globally.
China economic growth falls sharply, missing target
China's economy grew 4.3% in Q2 2025, falling short of Beijing's 4.5%-5% annual target, as weak domestic demand and Iran war-driven oil price pressures offset strong export growth led by EVs and AI se
SK Hynix Surges 11% Leading Asian Tech Rebound
SK Hynix surged 11% in Seoul to lead a broad Asian tech rally alongside Samsung and Japanese chipmakers, tracking a Wall Street semiconductor rebound from Monday's AI-spending-driven sell-off, while a
Waller, Iran Strikes Push July Rate-Hike Odds to 43%
U.S. stock futures were mixed on July 14 as investors weighed June CPI easing to 3.5%, the kickoff of Q2 bank earnings, hawkish Fed signals from Christopher Waller, and a third straight night of U.S.
Cramer: AI Bubble Fears Overblown, Not a Dot-Com Repeat
CNBC's Jim Cramer argued Tuesday that AI-driven bubble fears are overblown, making the case that the current mix of valuations, interest rates, and corporate earnings makes a dot-com-style crash unlik
Canadian Government Debt: Gross 132%, Net 21% of GDP
Canadian governments' combined debt looks dramatically different depending on which measure you use — gross debt has climbed to 132% of GDP, the highest since 1997, but netting out financial assets (e
IBM Plunges 25% as Clients Pivot Spending to AI
IBM suffered its worst single-day stock drop since at least 1968, plunging more than 25% after preannouncing quarterly earnings that badly missed Wall Street estimates, with CEO Arvind Krishna pinning
Micron Rises as KeyBanc Lifts Target to $1,750
Micron Technology shares jumped 4.9% Tuesday after KeyBanc raised its price target to $1,750, citing persistent memory shortages the analyst expects to last through 2027.
US Inflation Eases to 3.5% in June, Beats Forecasts
US inflation eased to 3.5% in June from 4.2%, beating the 3.8% analysts expected, on falling gasoline — but an oil rebound after the Iran ceasefire collapse signals July won't repeat the relief.
IBM Plunges 25% as CEO Blames AI Chip Costs
IBM's stock plunged 25.2% in its worst single-day trading session ever — surpassing even the 1987 Black Monday drop — after CEO Arvind Krishna blamed soaring AI-related chip costs, customer spending s
Here’s the inflation breakdown for June 2026 — in one chart
U.S. consumer prices fell 0.4% in June — the biggest monthly drop since April 2020 — as an oil price slide pulled annual inflation down to 3.5% from 4.2%, though the relief hinges on whether the U.S.-
Goldman, JPMorgan Post Record Revenue on AI Boom
Goldman Sachs and JPMorgan Chase reported record quarterly revenue, fueled by an AI-driven surge in equities trading and investment banking that lifted combined trading results $4.4 billion above anal
SK Hynix Options Debut as Top Trades Go Bearish
SK Hynix options debuted on Cboe with roughly 150,000 contracts by midday, but leveraged single-stock ETFs absorbed much of the speculative demand that might have otherwise flowed into calls.
Lucid Stock Plunges 40%+ on Bankruptcy Report; Company Denies
Lucid Motors stock cratered more than 40% Tuesday after an EV-focused outlet reported the company was weighing bankruptcy or going private via AlixPartners, a claim Lucid forcefully denied as 'complet
Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
IBM CEO Arvind Krishna told CNBC that Anthropic's Mythos AI model is making customers pause new cybersecurity deals, triggering a broad rally in cyber stocks led by ~10% gains in CrowdStrike, Okta, an
Lucid Taps AlixPartners for Restructuring Review
Lucid Group has engaged restructuring consultancy AlixPartners to examine all aspects of its operations, cut costs, and support the rollout of its new mid-size vehicle, while calling bankruptcy rumors
JPMorgan Posts Record $21.2B Quarterly Profit
JPMorgan posted $21.2 billion in second-quarter profit — the largest quarterly haul ever by a US bank — driven by an 86% surge in equity trading, record IPO underwriting from AI-linked deals like Spac
‘An ugly moment for IBM and software stocks’: Big Blue set to lose US$70 billion in market value today after earnings warning
IBM shares cratered roughly a quarter on Tuesday after the company warned that surging AI infrastructure spending is starving its software and mainframe businesses, putting the stock on track to lose
Senators Reject Trump's Graham Tributes, Back Russia Bill
After Sen. Lindsey Graham's death over the weekend, President Trump pushed the Clarity Act and SAVE America Act as memorials, but most senators are rallying around Graham's own Russia sanctions bill a
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.