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Finance News — Page 92

Walmart Stock Falls 9% Despite Beat, Raised Outlook

Walmart Stock Falls 9% Despite Beat, Raised Outlook

Walmart's stock fell about 9% Thursday after the retailer reported U.S. comparable sales growth of 2.6% — well below the 3.5% analysts expected — overshadowing an otherwise better-than-expected quarte

CNBC · 1mo ago
Alibaba shares fall 5% as AI spending drives 75% drop in net income

Alibaba shares fall 5% as AI spending drives 75% drop in net income

Alibaba shares dropped 4.6% in U.S. trading after the Chinese tech giant posted a 75% plunge in quarterly net profits, with capital expenditure climbing to $10 billion as it ramps up spending on AI co

CNBC · 1mo ago
Treasury Yields Rebound After Buyback Hike

Treasury Yields Rebound After Buyback Hike

Treasury yields erased earlier declines as markets shrugged off the department's bond buyback expansion, highlighting skepticism about the intervention's long-term impact amid rising U.S. debt and cor

CNBC · 1mo ago
Walmart’s strong quarterly results tempered by tepid full-year outlook

Walmart’s strong quarterly results tempered by tepid full-year outlook

Walmart posted stronger-than-expected Q2 results but its cautious full-year EPS outlook sent shares down nearly 6% pre-market, as the retail bellwether braces for a cooling consumer.

Globe and Mail Business · 1mo ago
Webull Posts Record $198M Q2 Revenue as Crypto Tops 1%

Webull Posts Record $198M Q2 Revenue as Crypto Tops 1%

Online brokerage Webull posted record Q2 2026 revenue of $198 million, up 51% year-over-year, but cryptocurrency trading contributed just $2.25 million — about 1% of the total.

Cointelegraph · 1mo ago
Treasury Bond Intervention Lifts Bonds, Hurts Dollar

Treasury Bond Intervention Lifts Bonds, Hurts Dollar

The US Treasury intervened to push down long-term bond yields after an alarmed bond market pressured the Trump administration to act, prompting a bond recovery while Bloomberg flags the dollar as the

Google News Business · 1mo ago
Iran Adviser Pushes Back on Trump's Collapse Claim

Iran Adviser Pushes Back on Trump's Collapse Claim

A former Central Bank of Iran adviser warned against viewing Iran's economy as on the verge of collapse, while acknowledging the UAE's decision to halt trade could deepen GDP contraction to roughly -5

CNBC · 1mo ago
Singapore's Temasek is on a hot streak in India as three bets surge after IPOs

Singapore's Temasek is on a hot streak in India as three bets surge after IPOs

Three Temasek-backed Indian companies surged 30%+ after listing this week, bucking a $19 billion foreign investor exodus and India's bottom-of-Asia ranking in BofA's latest fund manager survey.

CNBC · 1mo ago
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Walmart will report second-quarter earnings before the bell. Here's what to expect - CNBC

Walmart is set to release its second-quarter earnings before the opening bell on August 20th, with traders already positioning for a notable post-earnings stock move and at least one outlet flagging t

Google News Business · 1mo ago
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Bessent Doubles Debt Buybacks to Steady Bond Market

Treasury Secretary Bessent doubled debt buybacks and intervened to steady the bond market and head off rising borrowing costs, while Bloomberg flagged the dollar as the asset facing the biggest downsi

Google News Business · 1mo ago
CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion - CNBC

CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion - CNBC

The U.S. Treasury Department intervened to push down long-term bond yields even as America's national debt swelled past $40 trillion, a move Yahoo Finance noted could complicate Kevin Warsh's role at

Google News Business · 1mo ago
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Treasury Doubles Debt Buybacks as Yields Surge

The dollar sank to three-month lows as Bessent moved to double Treasury debt buybacks in an effort to steady surging bond yields.

Google News Business · 1mo ago
US Futures Rise as Biotechs, Gold Gain; Tech Slumps

US Futures Rise as Biotechs, Gold Gain; Tech Slumps

US stock futures edged up in pre-market trade as biotech and gold rallied while certain tech names slid, with investors weighing Target earnings, Canada tariffs, American Airlines' seatback screens, a

Google News Business · 1mo ago
Why Treasury Yields Are Rising, and What That Means for the Economy

Why Treasury Yields Are Rising, and What That Means for the Economy

Treasury yields have climbed to a nearly two-decade high as investor anxiety over the $32 trillion US debt load, inflation, the war in Iran, and AI spending pushes borrowing costs higher across mortga

NYT Business · 1mo ago
ServiceNow Leads Software Rally on AI Resilience Bets

ServiceNow Leads Software Rally on AI Resilience Bets

ServiceNow's stock spearheaded a software sector rally as investors grew confident that traditional SaaS companies can withstand AI-driven disruption that has shadowed the industry all year.

MarketWatch · 1mo ago
Treasury Doubles Debt Buybacks to Ease Bond Yields

Treasury Doubles Debt Buybacks to Ease Bond Yields

The Treasury Department doubled its weekly debt buyback limit to $4 billion, pushing bond yields lower and stocks higher after the 30-year Treasury hit its highest level since 2007, driven by deficit,

NYT Business · 1mo ago
Bitcoin.com Adds UAE-Registered USDU Stablecoin to Wallet

Bitcoin.com Adds UAE-Registered USDU Stablecoin to Wallet

Bitcoin.com has integrated USDU, the UAE’s first central bank-registered US dollar stablecoin, into its self-custodial wallet, expanding retail access to the token beyond institutional channels.

Cointelegraph · 1mo ago
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Walmart Earnings: The Biggest And Most Influential Retail Report Looms - Investor's Business Daily

Walmart is set to release its second-quarter earnings before the bell on August 20th, in a report widely framed as the most influential retail earnings event of the quarter.

Google News Business · 1mo ago
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Unitree Surges 542% in Shanghai IPO Debut

Unitree, a Chinese humanoid robot maker, surged 542% in its Shanghai market debut, with Barron's framing the blockbuster IPO as a positive signal for Tesla's robotics ambitions.

Google News Business · 1mo ago
Trump pushes CLARITY Act at White House crypto summit

Trump pushes CLARITY Act at White House crypto summit

Trump rallied crypto executives at the White House Wednesday to pressure the Senate into passing the stalled CLARITY Act, framing it as essential to keeping the US ahead of China — while a Democratic

Cointelegraph · 1mo ago

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