Market news archive — page 16
Every brief published by the FXMARE News Desk, newest first — 2,459 articles.
- EconomyAustralia consumer sentiment rebounds to 88.9 after RBA decision
Australian consumer sentiment rebounds in August to 88.9, led by mortgage holders and following the RBA hold decision, but overall gloom persists
- CryptoKraken’s Payward joins Anthropic Glasswing program for AI security
Payward, the parent company of Kraken, has joined Anthropic’s Glasswing initiative to access Claude Mythos and help identify cybersecurity flaws and share findings.
- EconomyParamount seeks $1.88 billion bond from state AGs over WBD merger delay
Paramount seeks a $1.88 billion bond from state attorney generals to cover costs tied to delays in its Warner Bros. Discovery merger, as the case proceeds to trial.
- EconomyAnthropic's July revenue run rate nears $65 billion, up sevenfold from year ago
Anthropic reported an annualized revenue run rate around $65 billion for July, marking a substantial year‑over‑year growth, according to CNBC and Investing.com.
- StocksNasdaq and CNBC: Rival small-cap growth ETFs rally as cash-rich stocks draw interest
CNBC reports a small-cap growth ETF hitting a fresh high driven by cash-rich constituents, while Nasdaq outlines the rivalry between two long-running S&P 600 Growth ETFs
- StocksSynchrony and OpenAI expand AI-powered financing and rewards ecosystem
Synchrony partners with OpenAI to embed financing, rewards, and loyalty into AI-driven shopping experiences, with full payments integration into ChatGPT anticipated in six to 12 months, per CNBC
- EconomyUS Treasury advances GENIUS Act rules as July deadline nears
The Treasury moves to propose and advance definitions for the GENIUS Act stablecoin framework, with key rules expected to take effect in January 2027 after a July deadline passes
- EconomyNAHB index climbs to 35 in August, beating expectations
The NAHB housing market index rose to 35 in August from 34, with the August print above consensus, while several subcomponents held steady versus July and yields moved higher.
- StocksDruckenmiller ramps up Amazon and chip bets in Q2 amid tech rally fade
Duquesne Family Office increased Amazon exposure and expanded semiconductor bets in the second quarter, while trimming some chip names ahead of a July pullback, according to CNBC and MarketWatch.
- CryptoBitmine nears 5% of Ethereum supply, reports show
Bitmine's ongoing ETH accumulation pushes its stake toward 5% of total supply, with reports noting gains from staked ETH and a long-running buying spree.
- EconomyTreasury yields steady as markets await Fed minutes; dollar sells off
Investors held Treasuries steady ahead of Fed minutes while the dollar weakened on softer data, with Brent hovering around $90 a barrel as markets price in cooler inflation and cooling growth signals.
- StocksUber, Zipline partner to expand drone delivery for Uber Eats
Uber announces a partnership with Zipline to scale drone delivery across the United States, with initial Uber Eats deployments planned for later this year, per Nasdaq and Investing.com reports.
- StocksAlliance Laundry stock falls as principal shareholder to sell 20.5 million shares
Alliance Laundry Systems shares slip after it emerged that its principal shareholder, BDT Capital Partners, will sell about 20.5 million shares in an underwritten public offering, with an option for underwriters to purchase additional shares.
- CommoditiesIran vows to escalate if US honours deal within weeks; oil prices rise
Iran signals escalation if the US does not honour the deal within weeks, prompting firmer moves in oil markets as the pathway to a broader agreement remains unresolved
- EconomyRTX's Raytheon Wins $22.9 Billion Contract to Boost Tomahawk Production
Raytheon, a unit of RTX, secured a $22.9 billion U.S. Navy contract to accelerate Tomahawk cruise missile production.
- CryptoStrategy leaves Bitcoin untouched as it raises $334M via MSTR stock sales
A Bitcoin-focused treasury firm raised about $334 million by selling MicroStrategy stock, with proceeds allocated to STRC dividends, buybacks, and a growing US dollar reserve
- StocksL3Harris Names Sam Mehta CEO as Kubasik Steps Down
L3Harris Technologies appointed Sam Mehta as chief executive officer after Christopher Kubasik stepped down from both the chair and CEO roles, with the stock reacting to the leadership change.
- MarketsPiper Sandler kicks off SoFi coverage with overweight/bullish stance
Piper Sandler initiates coverage of SoFi with an overweight rating, citing strong cross-selling opportunities across products, according to CNBC and Investing.com
- MarketsRothschild upgrades Apple to Buy on foldable iPhone and AI strategy shift
Rothschild & Co lifts Apple to Buy, citing the potential of a foldable iPhone and shifts in the company’s AI strategy as factors investors may not be fully appreciating
- MarketsGoldman: Fed won’t hike in September as data softens, bitcoin bulls relieved
Goldman Sachs flags a likely pause in September rate hikes after softer data, a view reported by MarketWatch and echoed by CoinDesk with implications for bitcoin sentiment.
- CommoditiesWall Street strategist backs long gold as equities set to outperform long-run averages next year
A Wall Street strategist advocates a long gold stance as markets anticipate stock returns to outpace long-term averages in the coming year, per Investing.com and Nasdaq reports.
- CryptoBitpanda hit with €70,000 fine in Austria's first MiCA enforcement case
Austria’s financial regulator fined Bitpanda €70,000 for failing to publish a required crypto white paper in time and omitting disclosures in marketing materials, marking the first published MiCA penalty in the country.
- CryptoPaul Tudor Jones’ firm adds to BlackRock Bitcoin ETF amid mixed ETF flows
PTJ’s firm increases its stake in BlackRock’s Bitcoin ETF while broader ETF outflows and legislative uncertainty keep bitcoin markets cautious
- EconomyFerrari Luce auctioned for $40 million as charity one-off
Ferrari’s Luce EV one-off sold for about $40 million at a charity auction, following the brand’s polarizing electric debut priced at roughly $640,000 two to three months earlier.
- CommoditiesHormuz shipping slows as US-Iran talks stall and ceasefire expiry nears
Strait of Hormuz traffic dwindles as U.S.-Iran peace talks stall and a ceasefire deadline approaches, with tanker activity and oil demand expectations under scrutiny
- StocksNational Australia Bank Q3 profit up 9% to A$1.81 billion
National Australia Bank posted a 9% rise in third-quarter net profit to A$1.81 billion, with market chatter focusing on why the stock is sliding despite the earnings gain
- ForexAsia FX climbs as Fed-hike bets ease; yen firmer despite weak Japan GDP
Markets push back expectations for further Fed rate hikes, lifting Asia FX as yen gains despite soft Japanese GDP data, according to Investing.com and ForexLive.
- EconomyJapan Q2 GDP Misses, but Export-Led Growth Keeps BoJ Hike Alive
Japan's Q2 GDP rose modestly, undershooting expectations, yet export-driven strength supports the case for a BoJ rate hike timing later this year, according to Action Forex and ForexLive reports.
- CryptoCrypto wallet SafePal breach affects tens of thousands of users, data exposure reported by Cointelegraph and CoinDesk
Two outlets report a data breach involving SafePal customers, with tens of thousands affected and exposure limited to order information, while other wallet brands face phishing risk
- StocksCintas insiders dispose shares as company moves to absorb UniFirst
Nasdaq reports multiple Cintas insiders sold shares on August 10 at the same price, totaling about $2.12 million, amid the firm’s move to absorb UniFirst.
- StocksStock futures little changed after S&P 500 three-week win streak
US stock-index futures were steady as investors awaited signals on the Federal Reserve's policy path following a multi-week rally in the S&P 500.
- StocksEncompass Health insiders trim stakes after earnings; AppFolio insiders cash in post-results
Insiders at Encompass Health and AppFolio disclosed stock sales following quarterly results, with chief financial officers and chief executives reducing holdings and other executives executing planned dispositions.
- StocksBuffett favorite Coca‑Cola hits all‑time high as Abel invests heavily
Coca‑Cola, long a central pick for Warren Buffett, rose to an all‑time high as Greg Abel reportedly invested billions into Berkshire Hathaway’s stake, reinforcing the stock's stature as a reliable dividend presence
- StocksCoreWeave insiders liquidate shares ahead of earnings, Nasdaq reports
Nasdaq details multiple insider dispositions at CoreWeave, including chief development officer, operating chief, CEO, and option exercise, all around early August as earnings approached
- StocksMorgan Stanley pins SpaceX at $300 a share as stock hovers near $140
Morgan Stanley sees SpaceX valued at $300 per share, while the stock trades near $140, with four catalysts highlighted for potential year-end impact, according to Nasdaq and Investing.com reports.
- EconomyNvidia considers $3 billion investment in SB Energy linked to OpenAI data center project
Nvidia weighs a roughly $3 billion investment in SoftBank's SB Energy as part of a broader OpenAI data center deal, with credit support discussions connected to an Ohio campus
- MarketsAnthropic revenue surges in Q2 as IPO valuation hinges on 2028 forecast
Anthropic’s second-quarter revenue rose sharply, fueling talk of an IPO, with valuation discussions centering on a 2028 revenue target of up to $200 billion and strategic stakes tied to its developments.
- CryptoTrump-linked World Liberty wins conditional OCC charter to issue USD1 stablecoin
The OCC granted a conditional national trust bank charter to World Liberty Trust Company, a Trump family-backed firm, paving the way for it to issue the USD1 stablecoin previously issued by BitGo.
- CryptoCrypto markets slip as SEC delay slows tokenization push
Early-week weakness in major crypto assets accompanies a broader drag on tokenization equities after the SEC delays complicate the sector's on-ramp to mainstream finance.
- EconomyBerkshire expands Alphabet stake as bank exposure is trimmed in Q2
Berkshire Hathaway increased its Alphabet holding while reducing exposure to banks, with the stake valued at tens of billions and Alphabet rising into Berkshire's top holdings
- EconomyMangione pleads guilty in federal case tied to UnitedHealthcare CEO killing
Mangione admits guilt on federal stalking charges connected to a high-profile case involving a UnitedHealthcare executive, as a separate state murder trial looms and questions of double jeopardy arise.
- EconomyGroup including Jeff Bezos buys minority stake in Liverpool FC with option to become controlling owner
A consortium that includes Jeff Bezos has acquired a minority stake in Liverpool Football Club and holds an option to move into controlling ownership within the coming year, according to reports from multiple outlets.
- CryptoIsrael’s Bank Leumi to offer Bitcoin, Ether and Solana trading via Galaxy in 2027
Bank Leumi plans to roll out cryptocurrency trading for Bitcoin, Ethereum and Solana through Galaxy’s platform within its investment app starting in early 2027.
- EconomyU.S. business inventories unchanged in June as retail draw offset gains elsewhere
U.S. business inventories held steady in June, with declines in retail inventories offsetting gains in manufacturing and wholesale stock, while sales slipped but remained solid for the year.
- EconomyUS August UMich consumer sentiment slips to 51.0 on weaker than expected reading
Preliminary Michigan sentiment for August shows a sharper-than-expected drop, with the overall index at 51.0 and components underscoring a softer outlook on current conditions and future expectations
- StocksWorkday chatter provides tentative floor for software stocks, says CNBC
Industry observers suggest a potential stabilizing effect on software names as discussions around a Workday deal circulate, with analysts noting possible M&A activity as a catalyst.
- ForexU.S. Retail Sales Fall in July, Overshadowing Expectations
Commerce Department data show July retail activity declined, underscoring weaker consumer spending and inflation-adjusted volumes
- StocksAI memory rally topics surround Nvidia-linked names as analysts issue calls
Analysts highlighted AI memory names and major tech movers, with notes on demand for high-bandwidth memory and related chips driving attention across premarket trading
- EconomyUS retail sales fall 0.6% in July as consumer momentum fades
July shoppers pulled back, with a drop led by lower energy spending and softer online purchases, underscoring a loss of momentum in domestic demand at the start of the third quarter.
- CryptoSEC cancels key crypto regulatory meeting after CLARITY Act delay
The SEC aborted a planned meeting on proposed crypto offering rules, with no new date set, after the Senate recessed without voting on the CLARITY Act