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30,648 signal articles · 33 in last 24h · 155,863 total before filter · latest 1h ago
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Bloomberg52d agoneutral
SpaceX’s $101 Billion Unlock Heaps Pressure on Battered Shares

(Bloomberg) -- Investors hanging onto SpaceX shares after a plunge below their IPO price are bracing for the next potential hit, when $101 billion worth of stock becomes available for trading on Thursday.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €7

Bloomberg52d agoneutral
Some 64% of Young Men Day Trading Stocks Feel Like Failures

(Bloomberg) -- Surging retail trading isn’t just transforming markets; it’s also highly correlated with demoralization in young men, according to a new study.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevOne-quarter of men

Fed’s Kashkari: It’s Time to ‘Start Slowly Moving’ Rates Higher
The Wall Street Journal52d agoneutral
Fed’s Kashkari: It’s Time to ‘Start Slowly Moving’ Rates Higher

Minneapolis Federal Reserve President Neel Kashkari said he believes it is time to “start slowly moving” interest rates higher to help bring down inflation to the Fed’s 2% target. During an interview on CNBC, the central bank official said he isn’t calling for a dramatic increase in rates, adding: “I don’t see evidence monetary policy is marginally restrictive right now, and I think we have more work to do to get inflation back down.

Circle shares climb after Q2 results, federal bank charter approval and higher guidance
InvestorsHub52d agoneutral
Circle shares climb after Q2 results, federal bank charter approval and higher guidance

Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook. The company also announced that BlackRock, Visa and Mastercard will serve as validators for its upcoming blockchain network.

CDW shares fall despite second-quarter earnings and revenue beat
InvestorsHub52d agoneutral
CDW shares fall despite second-quarter earnings and revenue beat

CDW Corporation (NASDAQ:CDW) reported second-quarter results that exceeded Wall Street expectations for both earnings and revenue, but shares dropped more than 8% in pre-market trading as investors focused on weaker margins and higher restructuring costs. The technology solutions provider posted adjusted earnings of $2.

Bond Yields Hold Declines After Treasury Maintains Borrowing Guidance
The Wall Street Journal52d agoneutral
Bond Yields Hold Declines After Treasury Maintains Borrowing Guidance

Treasury yields held earlier overnight declines after the Treasury Department signaled–again–that it has no plans to increase the sizes of note-and-bond auctions for “at least the next several quarters.” The Treasury’s guidance, made as part of its quarterly refunding announcement, was the same that it has made for the past 11 quarters dating back to the start of 2024.

Investing.com52d agoneutral
Jefferies downgrades Best Buy to Hold on slowing demand, memory cost concerns

Investing.com -- Jefferies downgraded Best Buy, a U.S. consumer electronics retailer to Hold from Buy, saying the market already reflects an optimistic outlook for second-quarter comparable sales while earnings upside beyond that could prove more limited amid softer consumer demand and rising cost pressures.

Stablecoin Company Circle Swings to Profit
The Wall Street Journal52d agoneutral
Stablecoin Company Circle Swings to Profit

Circle Internet Group returned to profit in the second quarter, driven by steady growth in its USDC stablecoin despite a prolonged crypto bear market. The company on Wednesday reported net income of $48 million for the three months ended June 30, up from a net loss of $482 million in the same period last year. Quarterly revenue gained 7% to $701 million from $658 million in the year-ago period.