
Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace
Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.
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Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.

Cobalt spot prices were flat the past month. Cobalt market news - DRC may reduce cobalt quota if market needs rebalancing. IEA: Cobalt market faces deficit from 2026 as DRC export curbs tighten supply. Cobalt company news - CMOC'S profit jumps 86% in H1, revenue up 43%. Glencore H1 2026 Group Adjusted EBITDA increased 86% to $10.1B.

Oil prices remain supported by Iran sanctions and shipping risks, while key WTI and Brent breakouts could open the way toward $105 and $120.

Tech stocks slid for the seventh consecutive session, the sector's longest losing streak since September 2022.

Investors are sizing up the parade of new offerings expected in coming months.

A roughly 45% slump in the shares of Unitree, China's best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut has triggered concerns about bubble risk, retail investor losses and flaws in the IPO system.

Japanese stocks were lower after U.S. technology shares fell overnight.

Asian currencies consolidated against the dollar as traders parsed the U.S.'s new measures on Iran.

The AI surveillance company is running into the same bipartisan anger that engulfed data centers, as worries about artificial intelligence rise.

Kristina Hooper, Man Group chief market strategist, joins 'Closing Bell Overtime' to talk what to expect from Fed Chair Powell's Jackson Hole address, what is driving the current market moves, bond yields and more.

Scott Bessent confirmed Treasury auctions will continue as scheduled while the new buyback structure for longer-dated securities takes effect Sept. 9.

Julian Emanuel, Evercore ISI senior managing director, joins 'Fast Money' to talk what he predicts for the market moving forward.

CNBC's Jim Cramer said growing political opposition could slow the data center buildout and put pressure on valuations of companies that have been major beneficiaries of the AI infrastructure boom. He said tougher rules could favor Amazon, Alphabet, Microsoft and Meta by squeezing out smaller developers and reducing competition for land, labor and electricity.

CNBC's Jim Cramer said investors need to watch long-term Treasury yields, which have surged amid inflation concerns, heavy government borrowing and a wave of AI-related corporate debt issuance. He said the Treasury's expanded bond buybacks provided only brief relief, and bringing rates meaningfully lower will ultimately require getting inflation under control.

Power supply firm Aggreko has filed for a U.S. initial public offering, the firm said on Monday.