Tag: markets
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Binance to stop providing services to European clients after failing to obtain license: Financial Times
All crypto companies have to obtain a license under the bloc’s Markets in Crypto-Assets Regulation by July 1, or risk penalties.
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SK Hynix prepares US listing at $166 per share — here’s why HSBC says it could be worth 20% more
HSBC analysts see the South Korean chipmaker’s foray into U.S. markets as the catalyst to narrow the valuation gap with rival Micron Technology.
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CNBC Daily Open: One session, two major sell-offs
Friday’s session looks set to be dominated by two major sell-offs — the tech rout deepening and oil prices diving further into the red.
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UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
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CNBC Daily Open: Oil worries flare as tech’s winners split from the pack
Renewed Middle East tensions are in focus, after Iran reportedly attacked a cargo ship, OPEC faces potential exit of Iraq, and Iran and the U.S. disgree over funds use.
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FedEx Freight takes a step forward in its independent journey. Here’s why we like the stock
FedEx Freight had plenty of encouraging things to say on its first earnings call as a standalone company.
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S&P 500 futures are little changed as index heads for losing week: Live updates
The technology-dominant Nasdaq Composite and broad S&P 500 index are both on pace to end the trading week in the red.
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Trading Day: Tech outlook is cloudy
ORLANDO, Florida, June 25 : It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap tech weakness weighed on Wall Street. In my column today, I look at the wi
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Apple stock gets slammed on bigger Mac, iPad price hikes. Why it can weather the storm
The stock had its worst session in more than a year as management made its first official move to pass higher memory costs onto consumers.
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Micron says the AI party is far from over, but not all are celebrating
A blowout quarter for the memory maker is only lifting certain parts of the data center buildout.
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