Market news archive — page 34

Apollo leads a bidding war for easyJet as rival private-equity firm Castlelake weighs a competing bid, intensifying a contest for the British budget carrier

Netflix is examining live TV channels and bundled offerings as it seeks to shore up viewer engagement amid indications of waning interest, according to people familiar with the matter cited by WSJ

Equities pushed higher as chip shares led gains, buoyed by artificial intelligence investment news despite ongoing geopolitical tensions involving the US and Iran

OpenAI's applications chief Fidji Simo will transition from her full-time post to a part-time advisory capacity, marking a leadership shift at the company

Japan’s June producer prices rose at the fastest pace since 2023, reinforcing expectations the BOJ may tighten policy sooner rather than later as energy costs and AI-related demand loom large.

US officials say talks with Iran on nuclear matters will continue and that the framework remains performance-based despite recent tanker attacks and strain on the ceasefire

Coinbase confirms chief legal officer Paul Grewal is stepping down from his role, remaining as an adviser while the company reorganizes its leadership following regulatory battles

Bank of America names three metals and mining stocks as top picks in a broad analyst-focused view, while Skeena Resources appears in a separate ranking among brokers’ best metal picks.

Subversive launches new Ex-Elon ETFs aiming to exclude SpaceX and Tesla, while CME prepares to roll out SpaceX and Tesla single-stock futures, with market observers weighing potential appeal against skepticism

The U.S. Commodity Futures Trading Commission temporarily blocked CME Group from launching around-the-clock crude oil futures trading, delaying a planned expansion of market access for the contract.

Ben Bernanke has been named to Anthropic's independent oversight trust, a body that advises the company’s leadership without holding equity in Anthropic

OpenAI released its GPT-5.6 Sol flagship, concluding a government-approved preview phase and marking the rollout of the new model family alongside related ChatGPT Work updates

Labour lawmakers move to convert a temporary UK moratorium on crypto donations into a permanent prohibition, following links between crypto contributions and Reform UK founder Nigel Farage

State alleges the companies hid PFAS risks to consumers for decades, adding another high-profile case to the regulatory scrutiny surrounding forever chemicals.

June housing activity waned amid stubbornly high mortgage rates, even as national home prices posted an all-time high, underscoring diverging trends in demand and pricing.

Simply Good Foods reports a Q3 net loss but lifts its fiscal 2026 net sales outlook, sending its stock higher in today’s session.

Micron unveils a multi-billion-dollar plan to shore up the U.S. semiconductor supply chain, including a $500 million strategic financing to GlobalWafers and a broader 10-year collaboration.

Interpol-led crackdown across 97 countries tied a crypto wallet to a romance-scam laundering network, with tens of thousands arrested and hundreds of millions intercepted.

SWIFT unveiled a blockchain-based ledger to support a pilot program with 17 major banks testing tokenized deposits for faster cross-border payments.

Sony Bank’s US subsidiary, Connectia Trust, moves closer to issuing a dollar-pegged stablecoin after receiving conditional regulatory clearance and outlining capitalization plans.

PepsiCo reported earnings that fell short of estimates in the latest quarter, even as revenue exceeded forecasts and demand outside North America remained resilient amid tighter consumer budgets.

Bitcoin firmed near $63,000 as equities rallied on news of U.S. airstrikes on Iran, while gold slipped for a second day amid concerns over potential energy-disruption in the Middle East

Singapore's Temasek says it will keep crypto off its radar and target a larger stake in artificial intelligence within its portfolio

U.S. President Trump indicated Iran called to pursue a deal after U.S. strikes, leaving the question of a broader conflict unresolved, while Indian equities opened higher on the back of stabilizing sentiment amid geopolitical tensions.

Gains for GBP/CAD push to a ten-year peak while USD/CAD tests a major support zone ahead of Canadian employment data, signaling divergent forces shaping the North American currency complex

Honeywell Technologies lifted its earnings outlook for the second half and full year, citing the impact of its 1-for-2 reverse stock split that became effective on June 29.

Markets watch as Ukraine’s drone campaign against Russian refineries drives demand for a broad NATO counter-drone strategy, amid Russia’s criticism of NATO aid and defence measures at the latest summit

Crypto markets steadied as geopolitical tensions between the US and Iran pressured the dollar and weighed on gold, while bitcoin was modestly higher for the week and ether maintained its footing.

Fed minutes from the June policy meeting show a split on inflation risks and a hawkish undercurrent as some officials advocated a possible hike, even as the committee held rates steady

June data show weaker consumer inflation in China amid resilient producer inflation driven by export demand, underscoring a two-speed growth dynamic between external demand and domestic demand

Oil prices climbed after reported U.S. strikes on Iran, renewing worries about potential disruption to Middle East supply and keeping markets watchful for further developments.

Stock futures edged lower after reports that the U.S. carried out new strikes on Iran, following remarks suggesting a potential shift away from negotiating a nuclear deal.

SpaceX’s stock fell in its first days as a Nasdaq-100 member, retreating from highs after joining the index, with reports noting a two-day slide and a debut price below placement

Oil rises on renewed U.S.-Iran strikes, while risk sentiment sours and Canadian assets react to heightened geopolitical tensions and higher oil prices

Reports say the US is balancing rhetoric on Iran with potential further actions as Middle East tensions around the Strait of Hormuz escalate and Trump reassesses the Iran nuclear deal

Palo Alto Networks shares declined despite an elevated price target from Evercore ISI, with the stock highlighted among Wednesday’s market-cap movers alongside Dell

A convergence of AI infrastructure developments, including SpaceX's orbital data centers and Anthropic's near-trillion valuation, highlights a faster-moving investment backdrop for AI platforms and related stocks.

Paradigm raises 1.2 billion for its fourth fund, signaling a broader push beyond crypto into AI and robotics startups

Analysts note Rocket Lab could benefit from diversification as SpaceX remains dominant and Blue Origin eyes a much larger valuation than peers.

Levi Strauss reports solid quarterly results, tops estimates and raises both guidance and dividend as demand for denim remains steady.

Meta plans a multi-billion dollar data center project in Alberta, marking its first large-scale facility in Canada as it expands its AI initiatives across the border.

Michael Burry has reportedly increased bets on online gambling players DraftKings and Flutter while signaling a belief that regulators will curb prediction markets amid competition

Minutes from the Fed's June gathering reveal a split stance among policymakers, with a few officials arguing for a potential rate increase in June, while others favored keeping policy steady

Bitcoin Standard Treasury Company and Cantor Equity Partners pivot away from the original July 2025 SPAC merger, pursuing amended terms and a further review of conditions.

Markets reacted to reports that the U.S. ceasefire with Iran was declared over, as violence in the Strait of Hormuz and rising oil prices rattled equities

BNB Chain plans a new Layer-1 network aimed at enabling AI-powered apps and high-frequency trading, with a 2026 roadmap targeting faster transactions and preparation for a quantum-era future.

Paradigm unveils a large AI-focused fund while signaling continued crypto investing, as markets react to geopolitical tensions and major players expand their digital-asset teams

Crypto exchange Kraken won a roughly $22 million arbitration award against former auditor Mazars, which withdrew from a nearly completed audit; Kraken said the exit caused millions in damages and tied it to alleged efforts to cut crypto off from services.

Markets reacted to a statement that the Iran ceasefire is over, triggering declines in U.S. equities futures and a broad selloff in crypto assets alongside stocks

Dream Finders submits a revised all-cash proposal at $32 per Beazer Homes share, triggering a notable stock move as investors weigh the higher offer