Market news archive — page 23

Oil prices retreat to levels seen before the Iran conflict, easing regional concerns and helping Indian shares extend gains amid softer energy costs

Australian payrolls rose in May, underscoring a brighter May employment picture even as an April revision and a shift toward part-time hiring temper the overall view

A pair of strong earthquakes struck north-central Venezuela near Caracas, triggering building collapses and a red alert for potential high casualties and economic losses to GDP

The administration has requested a large supplemental funding package covering Iran-related military spending and agricultural aid, according to reports from CNBC and Investing.com.

Kalshi has filed a lawsuit against Illinois officials over a tax on sports-related prediction markets, arguing the law signed as part of a budget package would impose a 15% levy on gross receipts and take effect on July 1.

Anthropic says Alibaba carried out an alleged distillation attack to illicitly extract Claude AI capabilities, alleging a campaign to copy its model

JPMorgan Chase announced a $50 billion share repurchase and Goldman Sachs raised its dividend following the Federal Reserve’s annual stress test results showing large banks withstood a hypothetical recession.

Nokia’s acquisition of Infinera positions the company as a vertically integrated provider of optical networking components, a move market observers are only beginning to scrutinize amid broader investor debates about the timing of buy-the-dip strategies.

Qualcomm introduced a new AI-focused data center CPU, Dragonfly, and disclosed Meta as its first data-center customer, marking a strategic expansion beyond smartphones

Bitcoin falls under $60,000, entering a bear-market-aligned slide while investors monitor AI-driven capital flows and related market activity.

Cerebras reported earnings, and the chief executive said investors misinterpreted the company’s margin guidance, while shares declined amid a staggered lock-up expiration.

Binance has pulled its MiCA license application in Greece and faces a July 1 EU base requirement that could impact operations for millions of users.

Bitcoin trades under $60,000 as 21Shares notes the four-year cycle hasn’t broken yet, while the Rainbow Chart breaches its floor into the so-called 'BTC is dead' zone after a sharp pullback.

Bitcoin fell toward the $60,000 level as a large buy wall and a defined liquidation zone set the stage for a pivotal price battleground

Market moves show U.S. crude retreating to levels seen before the late-February tension, supported by calmer Hormuz transit and a drop in U.S. inventories

OpenAI partners with Broadcom to develop a dedicated AI accelerator, marking the company’s first custom chip for powering ChatGPT and future models.

SecondFi, a Cardano wallet provider, suffered a multi-attack breach exploiting its wallet-generation software, with funds drained from hundreds of addresses before the team secured a large reserve of ADA.

Trump delays signing a bipartisan housing bill that includes a CBDC prohibition, insisting Congress first pass a voting rights or voter-ID measure, leading to a cancellation of the signing event

Retail investors flock to an offshore platform offering early access to the SpaceX IPO, with reports noting heavy trading on SPCX and a share of activity on moomoo contributing to early-market interest

Kalshi, the operator of a regulated prediction market, is considering an initial public offering, though timing is not expected to occur within the current year, according to its chief executive.

J.P. Morgan strategists raise their year-end S&P 500 target to 7,800, saying earnings growth expectations have been far stronger than previously anticipated while warning that a flash crash remains a risk.

Retail meme traders push Wendy's higher, with reports noting management changes may influence sentiment but the move appears driven by broader market dynamics.

JPMorgan raises its S&P 500 target to 7,800 while flagging unprecedented earnings revisions, suggesting further gains but with hurdles and volatility ahead

Qualcomm is pursuing a data-center expansion by buying AI software startup Modular in a deal valued at about $4 billion, underscoring the company’s push into AI-driven cloud and enterprise infrastructure

Eight months after lining up a custom chip deal, OpenAI and Broadcom reveal Jalapeño, their joint project aimed at strengthening OpenAI's AI infrastructure.

BTIG begins coverage on Take-Two Interactive with a buy rating as the market awaits the launch timeline for Grand Theft Auto VI, following reports that the title is priced at $79.99 in markets.

Gold miners retreat as bullion weakens on a stronger dollar and a backdrop of U.S. equity softness, with gold hovering near a key psychological level as the dollar climbs on euro weakness.

Across multiple premarket reports, shares in Absci and FuelCell Energy advanced, while Cerebras Systems and FedEx declined, alongside other notable movers noted by CNBC and Investing.com

President Trump said Iran informed the U.S. there will be no tolls, insurance costs, or other charges for ships passing through the Strait of Hormuz, with reports noting that no funds have been provided to Iran yet.

South Korea’s SK Hynix plans an American depository receipt listing on the Nasdaq, raising roughly $29 billion through the issuance of new shares

Legislation advancing in Congress would require tech companies to cover energy costs for AI data centers, while SpaceX quietly scales its AI compute capacity via multiple lease agreements.

German Ifo business climate edged higher in June, with the headline index at 85.6, reflecting cautious optimism amid improving current conditions and fading expectations of a tougher environment.

Markets react as Berlin abandons the F126 frigate project, sending Rheinmetall lower while ThyssenKrupp Marine Systems climbs, according to multiple outlets

Democratic lawmakers urge Senate hearings to examine whether a $500 million UAE-backed investment in World Liberty Financial influenced Trump-era crypto policy decisions

MSCI has again delayed its review of Indonesia, keeping downgrade risk in focus while South Korea remains classified as an emerging market, with talks of Seoul possibly entering a developed markets watchlist ongoing.

The House moves an affordable housing bill forward that also blocks central bank digital currencies through 2030, sending the measure to President Trump for signing

Nike appoints David Denton, formerly a Pfizer executive, as Chief Financial Officer, with the company noting a tariff-related benefit anticipated for its upcoming fourth quarter.

Honeywell Aerospace will be added to the S&P 500 and S&P 100, replacing Conagra Brands in the S&P 500, with the transition scheduled for June 29

FX markets watch USD/JPY as resistance gives way amid intervention risk, while AUDUSD and NZDUSD slide past key supports on downside waves

Reports say the president urged the DOJ to investigate whether oil companies are withholding price cuts at the pump despite falling crude costs

Regional stock markets softened as a broad tech sector selloff spilled across Asia, with mixed moves in Korea and muted sentiment in Indian shares amid global cues

The Bank of Japan's June Summary of Opinions showed a hawkish tilt, with members advocating quicker moves toward a 2% inflation-neutral stance as markets priced in another potential BoJ move by year-end.

Regulators allege Kentucky actions against prediction markets prompt federal scrutiny as the CFTC widens its dispute with states over event contracts.

Asian tech shares recover from a global rout, with Samsung and SK Hynix among the leaders as South Korea's KOSPI recovers from a sharp tech selloff

New testing of Anthropic’s Mythos AI reportedly identified vulnerabilities in secure U.S. systems within hours, prompting restrictions on related models by the administration.

US stock futures edged higher after a broad tech selloff, with Micron Technology weighing on sentiment as a memory-chip rout spread from Asian peers to U.S. markets

Oil prices slip further as market players anticipate smoother crude flows via the Strait of Hormuz, with broader implications visible in related equity and commodity markets.

Reports indicate Anthropic's Mythos model uncovered vulnerabilities in highly secure U.S. government systems during testing, while related competitors face restrictions and a rival AI tops CyberGym rankings

Alphabet will enter the Dow Jones Industrial Average, replacing Verizon as the index looks to better reflect the communications landscape

Market reports outline SpaceX's pricing for a potential large debt offering to refinance existing liabilities, while Nasdaq notes Cathie Wood's Ark Invest has positioned SpaceX as a major holding.