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Finance News — Page 94

S&P 500 gains after light inflation data, bounce in chip stocks: Live updates - CNBC

S&P 500 gains after light inflation data, bounce in chip stocks: Live updates - CNBC

The S&P 500 and chip stocks rallied on July 14 after June inflation came in at 3.5%, matching 2020 lows as gasoline prices eased.

Google News Business · 1mo ago
US banks live: JPMorgan profits soar 41% on blockbuster trading revenues - Financial Times

US banks live: JPMorgan profits soar 41% on blockbuster trading revenues - Financial Times

JPMorgan Chase posted a 41% profit surge fueled by blockbuster trading revenues, with stock-trading alone generating a record $6 billion — marking the highest quarterly profit in US banking history.

Google News Business · 1mo ago
Diversification Over Stock Picking to Drive Indian Wealth

Diversification Over Stock Picking to Drive Indian Wealth

An Equirus Wealth executive argues that traditional Indian wealth strategies—property, gold, fixed deposits, and equities—are giving way to diversified, goal-aligned portfolios as asset-class leadersh

Mint · 1mo ago
Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto

Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto

Bitcoin consolidated around $62,600 as options markets signaled waning bullishness and a 10% KOSPI rout sent South Korean investors flooding into crypto, with Upbit volumes surging 1,426%.

CoinDesk · 1mo ago
Ericsson Slumps 8% as Component Costs Bite Margins

Ericsson Slumps 8% as Component Costs Bite Margins

Ericsson shares fell 8% in Stockholm on Tuesday, the stock's worst earnings-day reaction in nearly three years, after the telecom-equipment maker blamed rising component costs — likely tied to the mem

MarketWatch · 1mo ago
Le Slip Français IPOs in Paris, Targets Shein

Le Slip Français IPOs in Paris, Targets Shein

French underwear brand Le Slip Français debuted on Euronext Growth Paris on Tuesday at 14.80 euros per share, betting that locally made apparel can compete against ultra-cheap fast-fashion rivals Shei

CNBC · 1mo ago
Bitcoin bear market to bottom when stoch RSI hits zero, trader says

Bitcoin bear market to bottom when stoch RSI hits zero, trader says

A trader predicts Bitcoin's bear market will bottom in 2026 when the two-month stochastic RSI reaches zero, citing repeated historical patterns in the indicator's behavior during past downturns.

Cointelegraph · 1mo ago
Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report

Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report

Bitcoin and major cryptocurrencies fell 2%+ in 24 hours as traders lifted July Fed rate hike odds to roughly 50%, fueled by hawkish Fed remarks and a WTI crude surge past $80/barrel triggered by Trump

CoinDesk · 1mo ago
Chipotle Opens First Mexico Restaurant

Chipotle Opens First Mexico Restaurant

Chipotle is opening its first restaurant in Mexico, marking a bold expansion into the country that inspired its menu, despite skepticism about its appeal in a market with authentic local alternatives.

BBC Business · 1mo ago
S&P Maintains Indonesia Credit Rating

S&P Maintains Indonesia Credit Rating

S&P maintained Indonesia's credit rating, citing temporary fiscal strains and expected recovery in revenue and exports, while the rupiah remains near historic lows amid investor concerns.

Channel News Asia · 1mo ago
'Listing is a must': Chinese humanoid startups are rushing to launch IPOs

'Listing is a must': Chinese humanoid startups are rushing to launch IPOs

Chinese humanoid robot startup LimX Dynamics has raised $200 million in a pre-IPO funding round and is preparing for a Hong Kong listing, reflecting broader momentum in China’s rapidly expanding embod

CNBC · 1mo ago
Japan 10-Year Yield Hits 1996 High; Investors Pile Back In

Japan 10-Year Yield Hits 1996 High; Investors Pile Back In

Japan's 10-year government bond yield hit 2.901% last week — its highest since 1996 — as Bank of Japan policy normalization and PM Takaichi's spending plans drove a sell-off that is now drawing global

CNBC · 1mo ago
SK Hynix Plunges After Nasdaq Debut

SK Hynix Plunges After Nasdaq Debut

SK Hynix shares plunged on their second trading day after a Korea selloff cooled the memory chip euphoria that had greeted the chipmaker's blockbuster Nasdaq debut.

Google News Business · 1mo ago
Jim Cramer says these 'Pavlovian trades' are the stocks that benefit when oil spikes

Jim Cramer says these 'Pavlovian trades' are the stocks that benefit when oil spikes

Jim Cramer identified 'Pavlovian trades' — stocks that historically rally when oil prices spike — after President Trump's announcement of a renewed Strait of Hormuz blockade drove crude up roughly 9-1

CNBC · 1mo ago
Cramer: Tech Still the Best Place for Big Market Winners

Cramer: Tech Still the Best Place for Big Market Winners

CNBC's Jim Cramer argued Monday that tech remains the market's best hunting ground for outsized gains, pointing to Meta's roughly 100-point monthly jump after it floated monetizing its AI infrastructu

CNBC · 1mo ago
Wall Street Nervous as Investors Pile Into Margin Debt

Wall Street Nervous as Investors Pile Into Margin Debt

Investors are increasingly borrowing to buy stocks on margin in a trend some on Wall Street view as a greed-fueled warning sign for the market.

MarketWatch · 1mo ago
Trump invested crypto gains in stocks and bonds as retail buyers lost on his risky ventures, filings show

Trump invested crypto gains in stocks and bonds as retail buyers lost on his risky ventures, filings show

President Trump's financial disclosures show he pocketed more than $1.4 billion from family crypto projects last year while parking the proceeds in stocks and bonds, even as retail investors in his cr

Globe and Mail Business · 1mo ago
SpaceX Stock Falls Below $140 After IPO Surge

SpaceX Stock Falls Below $140 After IPO Surge

SpaceX stock has tumbled from its post-IPO high of $192.50 back toward its $150 debut price, shedding another 4% on Monday to under $140 as looming insider lockup expirations and a possible share-dilu

Google News Business · 1mo ago
Bank of America Hires Nine Investment Bankers for Middle Market

Bank of America Hires Nine Investment Bankers for Middle Market

Bank of America is expanding its investment banking team with nine new senior hires focused on the U.S. middle market, signaling a strategic push into a competitive sector.

Google News Business · 1mo ago
Thailand's Grey Economy Sweep Targets USDT, Cash, Gold

Thailand's Grey Economy Sweep Targets USDT, Cash, Gold

Thailand's central bank is using data analytics to flag abnormally large stablecoin trades—particularly USDT—as part of a widening crackdown on illicit finance that also targets large cash withdrawals

Decrypt · 1mo ago

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