Finance News – U.S.
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Bitcoin extends rally, hits record high above $124,000
The increase in institutional investment and regulatory changes during the Trump administration significantly contributed to bitcoin’s rising value, leading it to reach unprecedent...
Read Full Article →Coffee and tea prices continue to ramp up due to tariffs, worrying retailers and importers
Rising costs for coffee and tea products, influenced by additional duties, have contributed to a notable increase in consumer prices, impacting profit margins for sellers and suppl...
Read Full Article →Brinker International CEO credits Chili's growth to marketing strategies
Brinker International's recent financial performance reflects the impact of targeted promotional efforts, which contributed to increased customer engagement and revenue growth duri...
Read Full Article →Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Perplexity AI's $34.5 billion proposal for the Chrome browser introduces uncertainty to ongoing discussions, potentially affecting Google's future revenue streams and market positi...
Read Full Article →Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco’s fourth-quarter revenue grew by 7.6% to $14.67 billion, reflecting robust demand for AI infrastructure, while the company maintained its revenue outlook for the upcoming fis...
Read Full Article →Cisco’s growing AI demand sparks earnings beat, but the stock is falling
Increased sales driven by AI infrastructure contributed to Cisco’s revenue surpassing forecasts, reflecting potential future growth despite a decline in the company’s stock price.
Read Full Article →What’s driving ether’s ‘catch-up trade,’ as it nears record high after bitcoin’s streak of peaks
Following bitcoin’s recent surge to unprecedented levels, ether is experiencing increased investor interest and rising valuations, reflecting a shift in market dynamics and potenti...
Read Full Article →New York man charged with cyberstalking widow of slain UnitedHealthcare CEO Brian Thompson
The case involving a New York man accused of cyberstalking the widow of a prominent healthcare executive highlights potential financial risks and reputational damage for major insu...
Read Full Article →Trump-Putin meeting: Here’s what their summit in Alaska could mean for oil prices
The upcoming meeting between the two leaders may influence global energy markets, as outcomes could affect supply dynamics and ultimately impact crude oil valuations worldwide.
Read Full Article →Shares of Bullish soar in NYSE debut after crypto exchange prices IPO above expected range
Bullish’s successful public offering, which generated approximately $1.1 billion, indicates strong investor demand and positions the company to enhance its market presence within t...
Read Full Article →CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration
CoreWeave experienced a notable decline in its stock value following the release of financial results that revealed higher losses than anticipated, occurring just before the end of...
Read Full Article →Small caps rally as Magnificent 7 stocks roll over in market rotation
Investors shifted their focus toward smaller companies, resulting in increased activity and gains for these stocks, while shares of major technology firms experienced a decline ami...
Read Full Article →As Trump berates Goldman, other economists agree that higher tariff inflation is coming
Several financial experts anticipate an increase in consumer prices linked to tariffs, highlighting potential impacts on markets and economic conditions despite some criticism dire...
Read Full Article →Walmart's 10% employee discount now includes most groceries amid tariff pressures
Walmart has broadened its staff savings to cover nearly all grocery items, aiming to alleviate the impact of increased costs caused by tariffs on both employees and overall expense...
Read Full Article →Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Walmart's extension of its grocery discount to a large portion of its workforce may help ease some cost pressures amid rising tariff-related inflation affecting consumer prices.
Read Full Article →Former Goldman Sachs, JPMorgan exec gambled away investor funds for his online casino company: feds
Richard Kim, previously involved with major financial firms, allegedly misused investor capital, including funds from Galaxy Digital where he had a longstanding investment role, im...
Read Full Article →Port of Los Angeles broke a century-old record as tariff threats triggered import surge
In July, import volumes at the Port of Los Angeles reached unprecedented levels due to accelerated shipments driven by anticipated tariff policies, significantly impacting trade ac...
Read Full Article →Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
Several prominent fast-casual dining brands, including Cava and Chipotle, are experiencing reduced customer spending, indicating a broader impact on their revenue growth within the...
Read Full Article →An unusual suspect is leading Wednesday's market while the AI trade takes a breather
A less-expected stock is influencing Wednesday’s market activity as investors temporarily shift focus away from technology-driven investments, impacting overall trading dynamics in...
Read Full Article →Tom Dundon to buy the Portland Trail Blazers from Paul Allen's estate
Tom Dundon's acquisition of the Portland Trail Blazers represents a substantial investment that expands his portfolio within professional sports, potentially impacting the financia...
Read Full Article →Vertical AI acquires equity stake in Levangie Labs to supercharge platform capabilities
By obtaining an ownership interest in Levangie Labs, Vertical AI aims to enhance its technological offerings, potentially leading to increased market competitiveness and future rev...
Read Full Article →Crypto exchange Bullish prices IPO at $37 per share, above expected range, ahead of NYSE debut
Bullish’s decision to set its initial public offering price above projections highlights strong investor interest, resulting in a valuation exceeding $5 billion as it prepares to l...
Read Full Article →Fuller, Smith & Turner PLC: Transaction in own shares
The company's repurchase of its own stock can impact its capital structure by reducing outstanding shares, potentially influencing earnings per share and shareholder value.
Read Full Article →‘I’m confused!’ Why does President Trump want a rate cut so badly? What’s Wall Street’s view?
The possibility of a rate cut has significant implications for markets and borrowing costs, influencing investor confidence and economic growth prospects amid evolving inflation tr...
Read Full Article →Dundee Precious Metals Announces Overwhelming Shareholder Approval for Acquisition of Adriatic Metal...
The approval by investors to proceed with the strategic acquisition and subsequent rebranding is expected to strengthen the company's market position and enhance long-term sharehol...
Read Full Article →A top Wall Street strategist who says we’re in ‘the best investing environment ever’ is in the runni...
Rick Rieder, a leading BlackRock executive and prominent market analyst, is being considered for the Federal Reserve chair position amid his positive outlook on current financial m...
Read Full Article →Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report
Market participants on Kalshi are adjusting their forecasts to reflect a higher likelihood of Jefferies’ David Zervos being appointed Federal Reserve Chair, indicating notable shif...
Read Full Article →Paramount Skydance shares prompt meme-stock comparisons with sharp rally
Paramount Skydance’s recent rapid increase in stock value has drawn attention for its unusual trading activity, reflecting heightened investor interest and volatility commonly seen...
Read Full Article →CoreWeave’s stock is polarizing Wall Street. These are the big post-earnings debates.
Investors are closely analyzing CoreWeave’s recent financial results to determine whether the company’s valuation accurately reflects its growth potential and long-term profitabili...
Read Full Article →Treasury Secretary Scott Bessent pressures Fed for interest rate cuts, joining Trump's central bank...
Treasury Secretary Scott Bessent has urged the Federal Reserve to reduce borrowing costs, highlighting concerns about sluggish job growth and signaling a shift toward supporting lo...
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