Market news archive — page 7
Every brief published by the FXMARE News Desk, newest first — 2,721 articles.
- EconomyAeroVironment Wins $465 Million Army Contract for Laser Defense Systems
AeroVironment secures a landmark $465 million U.S. Army contract to supply laser defense systems, marking a significant milestone for the company’s defense portfolio.
- MarketsHyperscalers Remain AI Backbone as Cloud Growth Accelerates
Reports flag that major cloud providers, led by Amazon, Alphabet, and Meta platforms, continue to drive AI development as cloud growth picks up pace.
- StocksNvidia and AMD: The AI infrastructure stock showdown gains attention
Markets weigh Nvidia and AMD as AI infrastructure demand looms, with analysts pointing to a potential $1 trillion spend in AI infrastructure in 2027.
- StocksDuluth Holdings shares rise after Q2 profit increases
Duluth Holdings reports higher second-quarter profit versus a year earlier, prompting a surge in its stock as investors react to improved earnings.
- CryptoIBIT pegged as the best spot Bitcoin ETF on the market due to its scale
A consensus among wire reports points to the iShares Bitcoin Trust as the leading spot Bitcoin ETF, citing its large size as a key advantage.
- ForexYen strength drives USD/JPY lower as Japan stocks edge up
The yen strengthens for a second straight session, pushing USD/JPY below 158 as bond yields ease and investors await the US jobs report; Tokyo shares rise modestly on a backdrop of softening US yields and global risk cues.
- StocksBroadcom shares slide after earnings guidance weighs on investors as the Dow climbs on falling yields
Broadcom stock declines following earnings with guidance seen as in-line by some but below investor expectations, while the broader market gains as Treasury yields retreat.
- MarketsTesla Cybercab event set for Thursday with few details
Investors await Tesla’s Cybercab event scheduled for Thursday, though organizers have provided limited information on the product and agenda, leaving uncertainty about the event’s scope and potential impact.
- EconomyBerkshire expands bets on Japan’s top trading houses, signaling bigger stakes
Berkshire Hathaway signals a move to increase holdings in Japan’s leading trading houses, with the chief executive noting plans in a Nikkei interview, as investors weigh AI and energy demand implications.
- CryptoJapan’s Remixpoint pivots to Bitcoin, keeps 1,506 BTC after liquidating alts
Remixpoint in Japan liquidated Ethereum, XRP, SOL and DOGE, converting the proceeds to Bitcoin and leaving a treasury of about 1,506 BTC as market optimism grows with Fed rate expectations near two-thirds odds.
- MarketsHPE lifts full-year outlook on AI and networking strength, sees 2027 revenue growth of 13-17%
Hewlett Packard Enterprise raised its annual outlook as demand in AI and networking lifts quarterly results, forecasting 2027 revenue growth of 13-17% and at least $5 billion in free cash flow.
- StocksHewlett Packard Enterprise Shares Slide After Hours on Earnings Context
After-hours trading moved lower for Hewlett Packard Enterprise amid the quarterly results and a backdrop of AI-focused data center demand and forecasts.
- StocksBroadcom AI chip revenue soars; Q3 up, Q4 guidance raised
Broadcom reported AI chip revenue more than tripling in Q3 to 16.7 billion, with guidance for Q4 at 21.7 billion, a development that accompanied a slide in Broadcom shares.
- MarketsSnowflake guides FY2027 product revenue at $6.07B, AI mix driving margins
Snowflake signals higher FY2027 product revenue target of $6.07 billion and a 14.5% non-GAAP operating margin as artificial intelligence demand shapes the company’s upside, while Q2 shows expanding revenue and narrowed losses.
- ForexBank of Canada Holds Rate at 2.25%, Flags Renewed Trade Risk
The Bank of Canada left its overnight rate target unchanged at 2.25%, citing Middle East-driven energy costs and a breakdown in Canada-U.S. trade talks as key risks to the outlook.
- EconomyElliott builds stake in Deutsche Telekom, blocks T-Mobile merger
Activist investor Elliott has acquired a stake in Deutsche Telekom and expressed opposition to a proposed T-Mobile US merger valued at about $300 billion.
- MarketsMeta unveils Muse Spark 1.3 with agentic workflows and coding improvements
Meta releases Muse Spark 1.3, emphasizing enhancements for agentic workflows and improvements to coding capabilities within the platform.
- EconomyJefferies initiates Buy on USA Rare Earth as critical-minerals bottlenecks loom
Jefferies launches coverage on USA Rare Earth with a Buy rating amid concerns of bottlenecks in critical minerals as electrification demand rises, while the stock’s recent pullback heightens scrutiny.
- CryptoBitcoin and XRP may be forming a Bart Simpson price pattern amid pullback
Markets for major cryptocurrencies are exhibiting a Bart Simpson-like price action as Bitcoin and XRP pull back after a notable spike, with analysts weighing its implications for volatility and potential reversals.
- CommoditiesBarrick delays American gold business IPO to 2027 as Gold X2 gains NYSE American listing approval
Barrick Mining postpones the IPO of its U.S. gold unit to 2027, while Gold X2 secures NYSE American listing approval and extends its annual meeting deadline.
- MarketsApple Maps adds Lake America amid continental tariff spat, sending markets in motion
As Apple expands its Maps catalog amid ongoing tariff tensions, market participants focus on the broader impact on technology and consumer stocks, with Bank of America drawing attention in trading sessions.
- CryptoHyperscale Data pivots Michigan site from bitcoin mining to AI deal worth over $1.2B
Hyperscale Data halts Michigan bitcoin mining to prepare for a major AI-related agreement valued at about $1.2 billion, with potential expansion to exceed $3 billion
- StocksCrowdStrike expands OpenAI partnership to secure AI agents and new AI security suite
CrowdStrike broadens its collaboration with OpenAI to extend enterprise security to Codex agents and introduces components of a new AI security suite, Falcon Guardian and SafeMind.
- CryptoRemixpoint shifts to bitcoin-only strategy, dumps altcoins
A Japan-listed firm pivots to Bitcoin, selling its ETH, SOL, XRP and DOGE holdings and retaining about 1,506 BTC valued at roughly $115 million.
- MarketsLynas says it was in takeover talks earlier this year
Lynas Rare Earths confirmed it was in takeover discussions earlier this year, with details not disclosed, as reporting notes the conversations occurred amid ongoing deal speculation.
- MarketsEquinix launches AI Inference Exchange with Nvidia and Together AI
Equinix has unveiled an AI inference exchange designed for enterprises, pairing its data-center platform with Nvidia and Together AI to support on-demand AI inference workloads.
- ForexAUD/USD slips as break of key support signals correction from recent high
A break below a key support level for AUD/USD points to a downside correction of the recent rise, with attention on measured retracement and broader technicals that keep the pair among top performers year-to-date.
- ForexEuropean gas prices surge to 2023 highs amid U.S.-Iran fighting escalation
European gas prices jumped on the back of escalating U.S.-Iran tensions, reaching levels not seen since the early part of 2023, as markets priced in supply disruption risk.
- ForexBank of Canada Seen Holding Rates at 2.25% Amid Tariff Standoff
The Bank of Canada is widely expected to leave its policy rate unchanged this week as an escalating U.S.-Canada tariff dispute complicates the outlook for growth and inflation.
- EconomyStocks slide after U.S.-Iran strikes; Dow falls 400 as oil climbs and inflation jitters reappear
Markets traded lower as U.S.-Iran strikes renewed geopolitical risk, sending the Dow to a sizable decline while oil prices rose and investors weighed inflation concerns.
- StocksDruckenmiller Eyes New Opportunity After Nvidia Exit, Bets on Rising Challenger
Druckenmiller remains cautious on Nvidia, but has started a position in a competing stock that has doubled its year-to-date gains, sparking discussion among peers about market moves and bond strategy.
- MarketsPalantir-backed Ukraine defense startup backed by Karp seeks wartime-to-tech conversion
Palantir’s chief executive has backed a new Ukraine defense technology venture launched by the country’s ousted defense minister, a move that intersects wartime experience with new tech aims while market observers note Palantir’s own valuation challenges.
- CommoditiesGold slides as Fed hike odds rise, testing recent rally
Gold extended a pullback after hitting two-week lows and erasing a large portion of last week’s gains as expectations for a Federal Reserve rate increase intensified.
- MarketsHonda orders suppliers to cut costs in $9 billion push over four years
Honda seeks to trim more than $9 billion in costs over the next four years, directing suppliers to significantly lower prices as part of a broader strategy to stay competitive amid pressure from China.
- MarketsTaiwan firms plan another $20 billion in US investments amid AI boom
Taiwanese companies are set to commit an additional $20 billion in U.S. investments as demand grows for AI-related technologies and capabilities.
- CommoditiesMethanex to Idle New Zealand Plants as Gas Supply Declines
Methanex confirms plans to idle its New Zealand methanol plants, citing reduced domestic natural gas availability and a related contract entitlements sell-off, contributing to mixed sentiment around New Zealand markets.
- CommoditiesAsian markets slide as bullion weakens and miners fall; oil nears $91
Asian shares broadly lower as gold prices ease and miners retreat, while regional indices track declines after a U.S. market downturn and commodity moves signal softer energy demand.
- MarketsHyperliquid Strategies expands equity facility to $2.5B from $1B
Nasdaq-listed Hyperliquid Strategies increases its equity financing facility to 2.5 billion, with filings showing substantial prior drawdowns and token holdings.
- MarketsNvidia nears $14B Hugging Face deal with $1B retention package
Nvidia is approaching a roughly $14 billion acquisition of Hugging Face, backed by a retention package nearing $1 billion for employees, with closing anticipated in the near term.
- EconomyIto En climbs after fiscal Q1 results as Tokyo stocks slide
Japanese shares slide on broad weakness, while Ito En jumps after reporting fiscal first-quarter results, bucking the market-wide downturn.
- EconomyRobinhood Chain apps draw $2.7 million in a day as Layer 2 DEX volumes surge
A one-day influx of funds into Robinhood Chain apps coincides with a sharp rise in DEX activity on the Ethereum Layer 2, with DeFi deposits and stablecoins nearing $800 million.
- StocksGitLab shares rise on record Q2 bookings and optimistic guidance
Shares in GitLab advanced after the company reported record quarterly bookings and issued stronger-than-anticipated guidance, prompting renewed market attention on its growth trajectory.
- MarketsGeneral Electric lands $2.9 billion Navy engine contract to sustain F414 fleet
General Electric has secured a $2.9 billion contract with the U.S. Navy from the Department of Defense to maintain and sustain F414 engines in mission-ready condition.
- EconomyOpenAI limits Astra model cyber features amid exploit risk
OpenAI restricts the cybersecurity capabilities of its Astra AI model, stating the feature set crosses a critical threshold and will be access-limited when released
- EconomyGoPro sells majority stake to Starman Optical in $285 million cash deal
GoPro announces a merger with Starman Optical, moving to monetize its IP and expand growth across consumer and commercial markets through a $285 million cash transaction.
- StocksHouse passes stopgap budget to avert shutdown ahead of midterms
The U.S. House advanced a short-term funding measure to prevent a government shutdown ahead of the midterm elections, amid resistance from hardline GOP voices.
- EconomyApple-OpenAI trade-secret dispute widens over alleged access to circuit plans
A dispute between Apple and OpenAI centers on an OpenAI employee allegedly accessing circuit plans after leaving to join a startup, with OpenAI countering that Apple bears responsibility for the dispute
- StocksBinance expands into options with US stock and ETF coverage
Binance launches options trading tied to U.S. stocks and ETFs, offering access on a broad list while reporting a surge in TradFi perpetual futures volume on the platform.
- StocksArk Invest Expands Nuclear Supplier Bet While Boosting Block Holdings
Ark Invest adds BWX Technologies to its portfolio alongside fresh purchases of Block Inc., highlighting a broader strategy that mixes AI-adjacent bets with sizeable cornerstone tech names.
- ForexBYD overseas push lifts stock as Tesla faces Europe mixed signals
Reports indicate BYD's overseas sales strategy is contributing to a rise in its stock, while Tesla's European performance is described as mixed