Market news archive — page 30

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.

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.