Market news archive — page 21

South Korea moves to block Polymarket, joining over 30 jurisdictions, with regulators citing illegal gambling activities despite the platform’s noncustodial, crypto-based design.

Markets pulled back as U.S.-Iran tensions and higher oil prices pushed global yields higher, driving stock futures lower and pressuring European equities

New quarterly results show revenue gains across several firms, including a dramatic year-over-year rise at Serve Robotics and more modest increases at Multiconsult and Elopak, according to Nasdaq and Investing.com reports.

ZEW August survey shows German investor sentiment rising to 34.2 and current conditions steadying at -61.1, signaling a more upbeat mood ahead of the autumn period

Reliance Worldwide confirms a takeover approach from Brookfield Capital Partners, with Brookfield reportedly tabling a multi-billion bid that spurred a sharp rise in RWC shares.

Two separate stock movers reported stronger-than-expected full-year results, with Kainos jump driven by demand and Challenger Limited signaling profit growth alongside higher dividends and buybacks

European stock indexes edged lower as oil prices and government bond yields climbed amid fears over diplomatic developments in the Middle East, with broader inflation worries weighing on markets across Asia and Europe.

Multiple earnings reports across healthcare and resources point to stronger profitability and dividend actions, with investors watching copper dynamics and US contract wins driving momentum.

Jeonbuk Bank in South Korea is adopting Ripple’s cross-border payments platform, with details on launch status and settlement asset still undisclosed as XRP trades slip back below $1

Futures point to a subdued start as investors weigh higher oil prices and geopolitical tensions after a loss-filled session on Wall Street

Oil prices climb and bond yields rise after the expiry of a US-Iran ceasefire, with Indian equities expected to open lower as regional tensions weigh on markets

Australian consumer sentiment rebounds in August to 88.9, led by mortgage holders and following the RBA hold decision, but overall gloom persists

Payward, the parent company of Kraken, has joined Anthropic’s Glasswing initiative to access Claude Mythos and help identify cybersecurity flaws and share findings.

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.

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.

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

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

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

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.

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.

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.

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.

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.

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.

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

Raytheon, a unit of RTX, secured a $22.9 billion U.S. Navy contract to accelerate Tomahawk cruise missile production.

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

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.

Piper Sandler initiates coverage of SoFi with an overweight rating, citing strong cross-selling opportunities across products, according to CNBC and Investing.com

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

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.

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.

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.

PTJ’s firm increases its stake in BlackRock’s Bitcoin ETF while broader ETF outflows and legislative uncertainty keep bitcoin markets cautious

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.

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

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

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.

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.

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

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.

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.

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.

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

Nasdaq details multiple insider dispositions at CoreWeave, including chief development officer, operating chief, CEO, and option exercise, all around early August as earnings approached

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.

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

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.

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.

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.