Market news archive — page 14

Reports indicate Chinese electric-vehicle producers are increasingly investing abroad, outpacing U.S. automakers amid a saturated domestic market.

European defense-tech startup Helsing secures an $1.8 billion funding round, valuing the company at $18 billion amid reports that investor demand significantly exceeded the available allocation.

India’s consumer price index rose to 4.38% in June, edging past the central bank’s target and extending an eight-month inflation uptrend driven by food and energy costs.

Markets react to renewed US-Iran tensions as crude prices rally and the pound weakens on the back of a stronger dollar, with Brent approaching recent highs and a potential upside beyond $80

Meta plans a Louisiana Hyperion data center complex reaching 5GW compute capacity, with a projected cost exceeding $50 billion aided by tax incentives, per multiple reports.

Recent reporting suggests studies identify the most advantageous age to claim Social Security for many, with considerations extending to spousal benefits and survivor income

Prudential is flagged for a Positive Catalyst Watch by JPMorgan as upbeat sentiment in Hong Kong lends support to the local market

Across Asia, currencies softened as the dollar firmed and traders weighed government measures for the yen against a backdrop of expectations around GPIF policy shifts

Markets react as U.S.-Iran clashes escalate, with Iran attacking bases in Gulf states and declaring the Strait of Hormuz closed, triggering a rise in oil prices.

Shares of SK Hynix fell in Seoul after the chipmaker's strong Nasdaq listing, with reports noting declines of about 10% to nearly 11% following the debut.

New Zealand's services sector returned to growth in June as the BNZ/BusinessNZ PSI rose to 50.6, the first readings above 50 since January, signaling tentative stabilization of the sector.

Stocks and oil markets moved on weekend flare-ups between the U.S. and Iran, with futures slipping as tensions persisted and oil prices inched up.

Escalating tensions in the Gulf lead Iran to declare the Strait of Hormuz closed after US strikes on Iranian targets, with reports of expanded strikes and ship encounters heightening supply-risk concerns.

OpenAI's path to a future valuation near $1 trillion faces timing questions as a SoftBank loan matures and public listing expectations shift toward 2027, while public discourse around its leadership intensifies

Markets brace for a pivotal week as US CPI data and remarks from Fed Chair Warsh intensify expectations around policy directions and potential implications for equities and fixed income.

Reports confirm South Carolina Senator Lindsey Graham died after a brief illness, aged 71, prompting tributes from colleagues and reflection on his long Senate tenure.

A proposed BIP-110 cap on arbitrary data faces mounting critique from prominent Bitcoin figures amid stalled miner support and ongoing Ordinals-related disputes

The United States says it conducted airstrikes on Iran in response to an attack on a Cyprus-flagged container ship, with officials citing escalation in Gulf shipping routes and Iran's actions near Hormuz

Multiple reports confirm notable insider stock dispositions and a crypto-focused treasury manager exiting part of its BTC holdings amid strategic pivots toward AI infrastructure

Bonzo Lend suffered a $9 million loss after an oracle verification flaw allowed an attacker to inflate collateral values on the Hedera network

Bitcoin rose close to 10% in July’s first half, but analysts warn the bearish cycle could return in August as BTC remains well below key highs

Apple filed a lawsuit in federal court alleging trade secret theft and misconduct by former employees and OpenAI, according to reports from Nasdaq and MarketWatch.

SK Hynix priced its U.S. IPO at $149 per ADS, raising about $26.5 billion, in what organizers described as the largest U.S. IPO by a foreign company, signaling strong investor demand amid an AI memory cycle and broader signals for foreign listings.

Apple alleges former employees took confidential designs, supplier information, and engineering files before moving to OpenAI, triggering a legal dispute covered by multiple outlets.

Canadian equities gained as regional mediators push to re-engage talks amid easing Middle East tensions, while June jobs data buoyed expectations and supported a firmer Canadian dollar

Senate Democrats call for hearings into President Trump’s crypto earnings and potential foreign investor connections, citing multi-billion-dollar figures and a UAE-backed stake

Apple has filed a lawsuit against OpenAI, alleging widespread theft of trade secrets tied to a 2024 partnership that integrated ChatGPT into iPhone software.

Investors rally as Meta unveils a lower-cost AI pricing and infrastructure approach and introduces two new Muse Spark models under a refreshed leadership, signaling a renewed AI-focused growth phase.

Investors prepare for a jam-packed week of earnings and inflation data while renewed U.S.-Iran tensions add an element of geopolitical risk to markets.

Beta Technologies rises as the company completes its first FAA flights within a U.S. government pilot program for electric air taxis

The housing affordability bill faces automatic enactment at midnight unless vetoed, and would prohibit the Federal Reserve from developing a central bank digital currency until 2031, a provision President Trump has signaled he will not sign into law.

Analysts anticipate a strong debut for SK Hynix on Nasdaq, with market chatter pointing to a potential 22% pop as the AI boom supports demand for chipmakers

Delta Air Lines reported a fall in second-quarter profit due to higher fuel costs, even as revenues rose and the company affirmed its FY26 outlook, with shares tracking lower on the news.

Markets edge higher at the open as traders weigh a forthcoming SK Hynix listing against ongoing Middle East risk and potential impact on global supply chains

Circle gains final approval to operate as a national trust bank, with market reaction reflecting investor focus on its broader role in the stablecoin ecosystem.

Stifel lifts Shopify to buy, citing agentic AI and the potential for agentic commerce as a key catalyst for the e-commerce platform

Circle secures final regulatory clearance to establish a U.S. trust bank, a key step in moving crypto services further into the regulated financial system and prompting investor reaction in related equities.

Delta Air Lines reported its second-quarter results, affirmed its full-year outlook, and issued guidance seen as positive by markets, aiding a rise in its stock.

Delta posted record quarterly revenue with a profit beat despite a historic jump in fuel expenses, while its outlook suggested fares could rise even as fuel costs ease later.

EU preliminary findings allege addictive design features on Instagram and Facebook, with warnings that non-compliance could lead to fines unless changes are made.

Metaplanet is studying tokenized, bitcoin-backed digital credit structures in Japan alongside JPYC and Progmat, with no product launched to date, aiming to modernize credit markets

European shares paused as investors weighed AI-sector valuations and ongoing Middle East tensions, with mixed moves across energy and airline stocks amid broader market caution.

The IEA projected a decline in global oil demand for the year, marking the first annual decrease since the Covid era, a development reported by multiple outlets.

Apollo leads a bidding war for easyJet as rival private-equity firm Castlelake weighs a competing bid, intensifying a contest for the British budget carrier

Netflix is examining live TV channels and bundled offerings as it seeks to shore up viewer engagement amid indications of waning interest, according to people familiar with the matter cited by WSJ

Equities pushed higher as chip shares led gains, buoyed by artificial intelligence investment news despite ongoing geopolitical tensions involving the US and Iran

OpenAI's applications chief Fidji Simo will transition from her full-time post to a part-time advisory capacity, marking a leadership shift at the company

Japan’s June producer prices rose at the fastest pace since 2023, reinforcing expectations the BOJ may tighten policy sooner rather than later as energy costs and AI-related demand loom large.

US officials say talks with Iran on nuclear matters will continue and that the framework remains performance-based despite recent tanker attacks and strain on the ceasefire

Coinbase confirms chief legal officer Paul Grewal is stepping down from his role, remaining as an adviser while the company reorganizes its leadership following regulatory battles