Tag: Breaking News: Markets
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Crypto still ‘off the table’ for Singapore’s Temasek, four years after FTX flop
Temasek’s investment in the now-bankrupt FTX cryptocurrency exchange led to a writedown of $275 million in 2022, drawing much local criticism.
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China consumer price growth weakens in June while producer inflation rises on export orders
Investors increasingly view China’s two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
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Stock futures slip after U.S. initiates another round of attacks against Iran: Live updates
The U.S. launched fresh strikes on Iran, after President Donald Trump said earlier in the day he may no longer be interested in negotiating a deal.
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Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
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Few bright spots in Wednesday’s tough market — why Nvidia stock is one of them
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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A turnaround is unfolding for this beat-up shipping stock, charts show
The year has been rocky so far for UPS, but several chart patterns suggest a rebound could be underway.
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Fed officials were split on direction of interest rates at last meeting, minutes show
The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.
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Stocks making the biggest moves midday: Broadcom, Chevron, Alibaba, Carnival & more
Here are the companies making headlines in midday trading.
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Iran conflict flare-up awakens bears in airline stocks, but there’s one big catch
The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week.
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The Street is divided over Meta’s latest gamble. Here’s where we land
Let’s explore the bull case and the bear case on Meta Platforms’ plans for a cloud business.
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