Market news archive — page 22

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.

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

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.

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.

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.

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.

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

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.

Commerce Department data show July retail activity declined, underscoring weaker consumer spending and inflation-adjusted volumes

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

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.

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

Nintendo stock rises after reports that Pokémon Pokopia sales surpassed a key milestone, with investors weighing the impact of pricing moves on the Switch 2 and ongoing expansion plans in Indonesia.

UBS has adjusted its outlook for USD/CAD in light of expectations about the interest-rate differential, as the pair resumes a downward move after brief consolidations.

Reports indicate JPMorgan ended its banking relationship with Polymarket in late 2025 due to regulatory concerns, with the option to act as an underwriter if the platform pursues a public listing.

Uber and Pony.ai are broadening their collaboration to roll out more than two thousand autonomous robotaxis across Europe, expanding a partnership already underway in selected markets.

U.S. officials signal the rollout of measures against Iran described as unlike anything seen before, as the Navy moves to support a troubled carrier amid escalating regional tensions

President's plan envisions a multi-rate tariff regime targeting militarily sensitive drones, with potential implications for markets and specific stock groups

New Zealand's manufacturing sector remained in expansion in July, but cooled from the prior month's surge, with the PMI at 54.3 while all sub-indices stayed in expansion territory.

Futures edged lower and then held near unchanged after the S&P 500 rose to a record, catalyzed by softer producer prices and expectations of a firmer end to the week for stocks.

Uber teams with Pony.ai to deploy over 2,000 robotaxis in Europe as fleets enlarge in pursuit of commercialization.

Applied Materials reported a strong third quarter, with profit rising sharply on a substantial revenue increase, and management signaling quarterly revenue above expectations.

Tether announces that KPMG provided a clean opinion on its 2025 financial statements, confirming reserves exceeded liabilities by a substantial margin in what the company calls a milestone for transparency.

Investors anticipate Applied Materials' Q3 results, with the options market pricing in a roughly 7.5% move on the earnings day while the company plans a late-afternoon conference call.

Google rolls out Gemini 3.7 Flash for coding and agent tasks while OpenAI offers a speedier option that remains behind a waitlist, signaling divergent paths in the race to ultra-fast AI

Separately, Databricks is eyed for a high-value IPO, with a valuation near $190 billion, underscoring buoyant sentiment around marquee techスタocks and the broader IPO outlook.

Reports from CNBC and Investing.com said Silver Lake is in talks to acquire Workday, triggering a sharp intraday rally and a trading halt as investors weighed the potential deal.

The Blockchain Association urges the Supreme Court to hear Custodia’s case, arguing that broad Fed authority over master accounts could push crypto firms out of the banking system through access restrictions.

OpenAI disclosed the resignation of its revenue chief after a brief tenure, with reports noting a second high-level departure in short succession

Anthropic’s chief financial officer is steering early investor discussions ahead of a potential IPO, with talks centered on business model, AI offerings, and company management rather than valuation details, according to reports.

Bill Ackman’s Pershing Square disclosed a new Netflix position in its semiannual filing, marking a return to the streaming giant four years after an exit and adding Netflix to a list of other newly acquired holdings

Market optimism grows in the memory-chip sector as Sandisk outlines long-range revenue growth and profitability, while SK Hynix faces elevated targets from Wall Street

Steve Eisman says the current AI surge risks overreliance on a narrow set of firms, notably OpenAI and Anthropic, presenting a potential Achilles’ heel for the AI trade

Trezor reports a shipping-partner data breach exposed customer details for about 14,000 users, though devices and backups remained unaffected, raising phishing risk concerns

Databricks secures a $5 billion funding round, valuing the company at $190 billion as investor appetite for AI-enabled data analytics remains strong.

Jefferies upgrades Five Below to buy, signaling potential for a re-rating similar to TJX as the retailer leans into viral trends and improves productivity and strategy

Nvidia teams with major Wall Street firms to marshal a potential $500 billion funding push for accelerated AI development, while analysts lift earnings expectations for the chipmaker amid broader market optimism

South Korea's Kospi has moved back into bull-market territory, supported by a technical rebound as retail long positions were liquidated and by fundamentals such as strong earnings growth, with semiconductor giants leading the return.

Two separate firms, Birkenstock and Stantec, raise or reaffirm annual guidance as both cite ongoing strong demand in their respective markets.

Eurozone industrial production was flat in June, while broader EU output rose modestly, with revisions signaling a shift in May activity.

Metaplanet unveils BitBonds, a private debt sale linked to its treasury, while the company and its leadership reject reports of large-scale bitcoin disposals amid ongoing transfer activity and market chatter.

July US inflation data reinforced the dollar's strength against commodity currencies while traders weigh upcoming UK data and Fed signals

Two major earnings reports—Maersk and Adyen—beat expectations, fueling stock moves as the companies outline stronger demand and a stable revenue outlook.

Maersk reported a jump in second-quarter profit to over a billion dollars and upgraded its 2026 outlook, with reports indicating the results beat market forecasts.

UK June GDP rose as services supported the economy, with quarterly growth in Q2 hovering around the mid-0.4% range and services contributing strongly to the monthly uptick, according to two market-focused outlets.

Following an in-line U.S. CPI print, Asia FX and the dollar remained steady as traders weigh the Federal Reserve’s next steps and the risks ahead.

Japan's wholesale inflation cooled modestly in July to 7.2% year-on-year, driven by a slowdown in the Corporate Goods Price Index, with the weak yen continuing to amplify imported cost pressures.

Ford plans to move Lincoln production back to the United States from China and to increase U.S. Lincoln output starting in 2030, according to multiple outlets.