Market news archive — page 12

A nonbinding Senate resolution voiced unanimous opposition to clemency for Sam Bankman-Fried, coming after reports that he had sought presidential clemency and in the broader context of clemency discussions involving other crypto figures.

Uber agrees to acquire Delivery Hero in a cash deal valuing the delivery platform at about $14.8 billion, with a per-share price of €41.50.

BHP flags weaker copper production for fiscal 2027 after a fourth-quarter dip, while iron ore output rebounds, signaling a mixed near-term commodity profile for the miner.

Hong Kong-listed shares of Alibaba and Baidu climbed after news that Apple secured approval to pursue artificial intelligence initiatives in China, signaling a potential deeper tech collaboration amid U.S.-China AI rivalry.

Taiwan Semiconductor Manufacturing Co. posted stronger-than-expected second-quarter profit as demand for high-end chips tied to AI applications supports earnings, following earlier June revenue data.

Washington imposes a 25% tariff on most Brazilian goods, with a separate forced-labor probe proposing an additional 12.5% duty that could stack on top

Bitcoin climbs toward $65,000 on softer inflation data, while on-chain indicators point to selling by two investor groups into the rally, with Ether and Solana also higher.

Reports say the US conducted a second wave of military strikes on Iran, with targets including Bandar Abbas and Iranian military capabilities used to threaten vessels at sea

Investors anticipate continued strength in aerospace and defense exposure as Morgan Stanley prepares for its second-quarter 2026 update, according to multiple outlets.

Investors await a slate of data on retail sales, jobless claims and manufacturing to gauge inflation risks and economic momentum

Two distinct market observations point to oversold readings on an RSI basis, with the EUR/NZD pair and Ondas showing potential stretched moves as traders weigh momentum and fear

United Airlines confirms a roughly $6 billion increase in fuel expenses for the year, while reporting stronger revenue in several ticket categories and routes

Jesse Pollak steps back from leading the Base app, handing control to Coinbase’s Cobie-famed leader while refocusing on Base’s broader blockchain vision after admitting the on-chain social push did not land as intended.

Reports confirm Dave Brown is leaving Amazon Web Services after roughly 18–19 years, with roles spanning key compute and machine learning units and advisory work to the CEO

Jay Clayton, President Trump's nominee for director of national intelligence, has indicated he will not directly state that Joe Biden won the 2020 election, as the Senate Intelligence Committee begins consideration of his nomination.

Senate Democrats question White House influence at the Fed as Warsh asserts frequent contact with the administration while stressing the central bank’s autonomy

The U.S. regulator is weighing a rule change that would eliminate the 39% cap on local television ownership, a move spurred by a recent high-profile station sale and broader consolidation trends.

Anthropic is preparing for a potential IPO, with bankers arranging investor meetings as the AI startup weighs a public-market debut possibly in October, according to multiple outlets.

An attacker manipulated Ostium's price feeds by compromising an oracle signer key, triggering an $18 million payout on the Arbitrum-based perpetuals exchange

DTCC conducts live production trades of tokenized securities, signaling progress in tokenization of real-world assets within Wall Street’s infrastructure

Cantor Fitzgerald and Securitize are building infrastructure to support blockchain-based IPOs and tokenized securities within the U.S. public markets framework.

SpaceX shares extended losses for a fourth straight session, dipping below the initial $135 IPO price after joining the Nasdaq-100, signaling a cooling in a blistering rally.

Canada's market trades in positive territory as the Bank of Canada keeps its policy rate unchanged, with a constructive assessment of domestic recovery amid oil-market uncertainties.

A string of reports describe inflation data as supportive for Fed Chair Kevin Warsh and equities, with Warsh testifying in Congress as Buffett comments on his appointment

New York Fed President John Williams argues inflation has likely peaked, outlining five factors that support a slowdown in price pressures and keeping policy expectations unchanged

Markets held steady as investors awaited June producer price inflation data, weighing a rebound in oil against signs of cooling inflation pressures and a softer crypto rally.

Berkshire Hathaway’s portfolio has been reshaped under new leadership and strategy coordination, with Buffett himself noting he initiated the group’s investment in Alphabet, while long-standing structural changes tied to the firm’s succession continue to unfold.

Johnson & Johnson beat expectations for the quarter as its medicines division supported results, prompting an upward revision to its full-year outlook.

Morgan Stanley reports higher second-quarter profit driven by dealmaking strength, with Morgan Stanley upgrading CAVA Group stock following the firm’s analysis and outlook.

Industry observers expect a surge in AI-related capital expenditures to exceed one trillion dollars next year, with certain industrial names positioned to benefit as data-center infrastructure and ancillary supply chains scale.

Alibaba’s U.S.-listed shares advance after China approves Apple’s Qwen-powered AI services for integration into Apple Intelligence, with regulators naming AI providers in an official list

Kathryn Ruemhler (Ruemmler) will be questioned by a U.S. House panel over emails connected to Jeffrey Epstein as she prepares to leave Goldman Sachs, according to multiple outlets.

Japan reclassifies crypto as a financial asset, introducing investment-style rules, insider-trading protections, and new oversight for crypto businesses as lawmakers aim to align digital assets with trading and tax structures.

Senate panels question Trump nominees across a range of roles, from an attorney general applicant to a CDC director pick, with sessions focusing on legal and health agency governance

MarketWatch and Cointelegraph report BlackRock’s assets under management hit a record level, prompting higher buybacks, while South Korea moves to fold digital assets into a new state asset management scheme.

Markets tracked a decline in Elevance Health’s quarterly profit, with insurance stocks broadly weaker on signs of margin pressure and earnings softness

UBS highlights a renewed leadership tilt toward artificial-intelligence stocks ahead of earnings, while AMD faces valuation skepticism from peers according to price targets

European luxury equities rose after Richemont reported stronger-than-expected first-quarter sales, with analysts noting the sector still hinges on demand from China

European stocks paused gains as escalating Middle East tensions offset solid earnings from major tech and luxury names, with government bond yields holding near recent highs.

ARK Invest expanded its Circle stake after a broader round of buying, while its founder signaled optimism on bitcoin's price cycle.

Eurozone May industrial production declined, underscoring stagnation in the manufacturing sector after a rebound in April and projections for a firmer reading were not realized.

Asian equities edged higher and lower broadly as China’s softer GDP data tempered growth worries, while regional FX faced pressure from Middle East tensions and a softer dollar, alongside a US crackdown on Iran-linked crypto

MarketWatch and Cointelegraph report Stripe and Advent have offered to buy PayPal for about $53 billion, at a notable premium to the prior close

ASML reported stronger-than-expected second-quarter results as demand for AI chips supported revenue, prompting a raised sales forecast for a second time in the year

Stripe and Advent International have reportedly offered to buy PayPal for more than $53 billion, at a price of $60.50 per share, signaling a rare strategic combination in the payments ecosystem.

South Korea’s SK Hynix led gains as Asian tech equities rose on the back of a rebound in U.S. semiconductor shares after earlier losses, signaling a broader appetite for tech names.

China’s economy grew 4.3% year on year in Q2, the weakest pace since 2022 and below market expectations, underscoring a slower pace in the first half and breaching the upper end of Beijing’s target range.

Oil prices rose amid renewed U.S.-Iran hostilities, with strikes on energy targets and threats of further action prompting markets to reassess supply risk in the Strait of Hormuz.

Lucid Group faced a sharp intraday decline amid reports it may be weighing bankruptcy, but the company denied the rumors, leaving the stock at a new record low intraday before easing losses.

The U.S. CFTC has intervened to prevent Kalshi from canceling trades that a Michigan court had ordered to be reversed, stating concerns over the appropriateness of the court’s coercive action against the exchange