Market news archive — page 3
Every brief published by the FXMARE News Desk, newest first — 1,502 articles.
- CryptoTrump Family's American Bitcoin tops 8,000 BTC after record mining quarter
American Bitcoin reported a notable quarterly gain, surpassing 8,000 BTC as a Hut 8 subsidiary expanded holdings while Bitcoin's price moved lower during the period.
- CryptoBlackRock rolls out tokenized money market funds to back stablecoin reserves
BlackRock unveils blockchain-based money market funds designed to serve as reserve assets for stablecoins, aiming to meet GENIUS Act eligibility requirements for U.S. issuers
- ForexISM Manufacturing PMI signals hotter US factory activity in July
US manufacturing activity accelerated in July, with the ISM index posting its strongest reading in years, while employment rose and price pressures remained a focal point for policy expectations.
- MarketsWhite House to convene AI firms for review of new model-testing framework
The White House will host AI companies to discuss a newly developed model-testing framework, part of a broader executive-order-driven push to evaluate cybersecurity aspects of advanced AI models.
- CryptoTom Lee’s Bitmine extends Ethereum stash, flags 5% circulating supply goal
Bitmine reports adding hundreds of thousands of ETH to its treasury and reinforces plans to own a significant slice of Ethereum’s circulating supply as the token outperforms indices in July.
- StocksMega-cap milestones: Amazon clears $3 trillion while TSMC reclaims $2 trillion
Two major tech names crossed abrupt market-cap milestones after earnings and a momentum rally, highlighting the staying power of large-cap equities in global tech.
- StocksAmazon crosses $3 trillion market cap on AI and cloud growth
Amazon breaks into the $3 trillion club as AI-driven tools and cloud services propel investor enthusiasm and expand advertising revenue
- CryptoUS-Japan yen intervention stirs Bitcoin risk fears as August looms
Coordinated yen action sent the currency higher, prompting renewed concerns over carry trades in Bitcoin amid ongoing USD strength and heightened August risk, according to market reports.
- CryptoBernstein: Clarity Act stall could push crypto lower, spur regulatory action
According to reports, Bernstein says congressional failure to pass the CLARITY Act this year could push crypto valuations lower while prompting faster U.S. regulatory rulemaking
- CommoditiesDeutsche Bank pins fair value for gold as it flags explosive phase and year-end target
Deutsche Bank argues gold remains in an explosive phase and maintains its year-end target, while outlining where fair value might lie based on its latest analysis.
- StocksVisa to Acquire BioCatch for $2.4 Billion in Cash
Visa announced a cash deal to buy BioCatch, a behavioral-based fraud-detection firm, in a move to enhance its payments security offerings for merchants and digital transactions.
- EconomyCircle split: Morgan Stanley Underweight, TD Cowen Starts Buy
Analysts diverge on Circle Internet Group, with Morgan Stanley cutting to Underweight while TD Cowen initiates coverage at Buy, signaling a split view on the stablecoin issuer's prospects.
- StocksBig Tech funding AI boom diverges as cash, debt and partnerships lead the way
Across major tech players, funding methods for AI initiatives vary widely, with cash, debt, and partnerships shaping strategies as the market recalibrates.
- EconomyKKR to Acquire Integer Holdings for $127/Share in All-Cash Deal
KKR, via an affiliate of its funds, to acquire Integer Holdings in an all-cash transaction valued at an enterprise value of approximately $5.7 billion, with a per-share price of $127
- CryptoMicroStrategy sells 1,638 BTC to fund dividends and STRC repurchases
MicroStrategy disclosed another drawdown of bitcoin and cash raised via stock activity to fund dividend payments and repurchase STRC stock.
- CryptoTrump Brothers-Backed American Bitcoin Posts Record BTC Output and Narrowed Q2 Loss
American Bitcoin, the Trump brothers-backed mining firm, reported a record BTC output in Q2 and a narrower net loss as mining revenue rose, according to reports from Investing.com and Cointelegraph.
- StocksSpaceX earnings debut draws focus on Musk commentary and volatility
Investors turn to SpaceX's first-ever earnings report, emphasizing Elon Musk's remarks and the potential for heightened trading volatility rather than the numbers alone.
- CommoditiesOil slips as Iran denies talks while European gas markets ease on Trump claims
European oil markets retreat modestly after Iran denies plans for talks with the U.S., even as supply fears ease and natural gas prices in Europe decline on the back of the Trump-Iran narrative
- Forexyen intervention: markets reassess after joint effort to steady the dollar pair
Markets absorbed a joint intervention that steadied the yen, with the currency trading around ¥157 per dollar after earlier hitting a four-decade low near ¥163
- CryptoBithumb targets 2028 IPO after restructuring and accounting switch
South Korean crypto exchange Bithumb plans a preliminary listing review in 2027 as part of a path toward an eventual 2028 initial public offering, following a shift to international accounting standards this year.
- MarketsWestJet flight attendants end strike after tentative wage deal
A tentative wage agreement has been reached between WestJet and its flight attendants, bringing an end to a strike that caused flight cancellations and disruptions.
- CommoditiesBrent sinks on Iran peace talks, oil declines; U.S. yields dip as de-escalation hopes persist
Oil prices drop amid renewed optimism over Iran diplomacy, while stock sentiment in India improves and U.S. Treasury yields edge lower on the back of weaker dollar and growth-friendly momentum
- StocksAstraZeneca–Bristol Myers Squibb talks spur stock moves amid $400 billion tie-up chatter
Market speculation over potential AstraZeneca and Bristol Myers Squibb tie-up triggered divergent stock moves as investors weighed the prospects and scrutiny over a possible deal valued around $400 billion.
- CryptoColdcard-linked losses surge as small Bitcoin transfers spike, market jitters persist
Market observers track continued Coldcard-associated transfers and losses, with estimates around $89 million reported as Bitcoin trades drift below key levels amid broader macro headlines
- MarketsEuropean equities rise on US-Iran diplomacy hopes
European stocks gained as traders priced in potential progress on US-Iran diplomacy, while oil slipped after a cancellation of planned U.S. strikes.
- ForexJoint U.S.-Japan intervention lifts yen, but impact questioned amid rate differentials
Markets reacted to coordinated yen intervention, with traders weighing the yen’s move against the backdrop of divergent policy paths and weakness in related equities.
- StocksAstraZeneca-Bristol Myers Squibb merger talks surface, sending stock moves in opposite directions
Market speculation over potential merger talks between AstraZeneca and Bristol Myers Squibb triggered a sharp split in the stocks of the two pharmaceutical giants, with Bristol Myers Squibb rising amid reports and AstraZeneca sliding on the same news cycle
- ForexEurozone manufacturing PMI improves to three-month high in July
July's final Eurozone manufacturing PMI rose to a three-month high, led by Germany, with France and Italy showing mixed readings while China’s private sector also extended growth
- MarketsMarkets rally as oil slides on Iran talks revival and Trump comments
Global markets advanced as oil declined on news that talks with Iran are set to resume, fueling optimism for equities and prompting firmer futures in U.S. and European sessions
- EconomyWorley lands Missouri cobalt refinery engineering contract with US Strategic Metals
Worley secures an engineering services contract to support the development of a cobalt refinery factory in Missouri, reinforcing its role in the metals industry alongside United States Strategic Metals.
- EconomySandoz settles U.S. generic-drug litigation for $450 million, backs FY26 outlook
Sandoz has reached a $450 million settlement to resolve U.S. antitrust allegations tied to its generic-drug business, while reaffirming its outlook for fiscal year 2026.
- CommoditiesAsia oil stocks slide as crude falls on Iran diplomacy hopes
Oil prices retreat on renewed hopes of Iran diplomacy, weighing on Asia markets as oil equities slip while Indian equities gain on global cues and Iran peace talks prospects
- CommoditiesOil declines on Iran deal hopes; yen spikes as intervention widens market moves
Markets reacted to renewed Iran deal prospects, sending oil lower while the yen strengthened and equities slid on the back of broader risk sentiment shifts
- ForexJapan-US Yen Intervention Confirmed as USD/JPY Moves in Wake of Market Pressure
A coordinated yen intervention by Japan and the United States was confirmed within hours, intensifying the debate over USD/JPY dynamics and the potential for a stabilization bid near key levels.
- MarketsTrump call-off of Iran strike spurs fresh talks; oil sinks to three-week low
Markets shifted after reports that President Trump halted planned strikes on Iran and ordered renewed negotiations, with oil futures retreating to a three-week low as talks resumed.
- ForexU.S.-Japan Coordinate Yen Intervention: Markets Eye Further Action
Markets saw a yen rally after reports that Japan and the U.S. coordinated intervention, with authorities signaling willingness to act again if needed.
- EconomyAustralia manufacturing PMI at six-month high as output returns in July
July saw Australia’s manufacturing PMI finalise at 52.0, the strongest since January, with output and new orders returning to growth while inflation and supply risks temper confidence.
- CommoditiesOil slides after Trump cancels planned strike to pursue Iran talks
Oil prices dropped after President Trump canceled a planned strike on Iran, with markets reassessing geopolitical risk as talks were set to resume on Monday without a deadline for a deal.
- MarketsAstraZeneca in Talks with Bristol Myers Squibb on $400 Billion Megadeal
AstraZeneca is reportedly negotiating a merger with Bristol Myers Squibb in a potential $400 billion deal, according to FT reports cited by CNBC and Investing.com.
- CryptoColdcard Bitcoin exploit climbs to $89M as attackers drain wallets
Analysts say a third wave of Coldcard wallet breaches has pushed observed losses toward $89 million across thousands of addresses, with victims moving funds to exchanges for safety.
- EconomyStrategy keeps STRC preferred dividend at 12% as shares stay below par
Strategy maintains its STRC preferred dividend at 12% despite the stock trading below its $100 par value, marking a departure from the previous pattern of boosting payouts when priced under par
- CommoditiesOPEC+ approves September quota hike, completes rollback of voluntary cuts
OPEC+ members sanction a September production increase, marking the end of voluntary cuts and signaling a return toward baseline output amid ongoing export disruptions
- ForexInvestors weigh European equities as cloud giants backdrop sparks optimism
Markets weigh value opportunities in Europe while cloud computing names draw attention as one outlet highlights the potential for AWS to reach trillion-dollar revenue milestones
- StocksAnalysts Bullish on Dividend Stocks as Growth Narratives Expand
Wall Street analysts highlight dividend-focused names as potential sources of passive income amid evolving sectors, with attention on NextEra Energy and smaller nuclear plays alongside broader growth stories.
- MarketsDrones from Ukraine kill two in Russia, strike Wildberries warehouse, governors report
Reports say Ukrainian drones killed two people in Russia and damaged a Wildberries logistics facility, with regional governors confirming the strike.
- MarketsCapital One closes Trump Organization accounts after AML probe, reports say
Capital One reportedly shut down the Trump Organization’s accounts following an anti-money-laundering inquiry, marking a first formal link between money-laundering concerns and the Trump family business.
- CryptoBinance founder warns on cold wallet risks after $70 million exploit
Following a $70 million breach centered on Coldcard hardware wallets, CZ urged diversifying funds across multiple wallets as researchers note weaknesses in seed generation
- ForexUS Treasury steps in to support yen as Tokyo conducts intervention, FT reports
US Treasury intervened to back the yen through purchases after Japan's authorities acted, marking Washington and Tokyo's first yen-buying coordination in over a decade according to FT reports
- CryptoBitcoin ETFs end July higher as inflows offset prior withdrawals
Spot Bitcoin ETFs posted July inflows while the year-to-date tally remained in the red, with traders focusing on macro data and policy signals despite a margin of resistance late in the month
- EconomyFIFA abandons World Cup sell-off plans after member resistance
FIFA has scrapped its plan to offload part of its World Cup business to external investors following opposition from member associations, with reports also noting leadership changes and a proposed valuation in the press