Market News

Latest financial and economic news and analysis

CNBC News Agency
2 days ago•CNBC
General Medium Importance Neutral
Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling, allowing technology stocks to rally on strong fundamentals. He said the timing was critical, with the fund's unwind coinciding with earnings season and helping companies like ServiceNow finally see strong results rewarded by investors.

Source: CNBC
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ETF Trends News Agency
2 days ago•ETF Trends
General Medium Importance Neutral
Earnings Deliver but the Long End Pushes Back. Will Profits Be Enough?

Earnings Deliver but the Long End Pushes Back. Will Profits Be Enough?

Amid heightened AI-related scrutiny, volatile energy prices tied to the ongoing Iran conflict, and mounting uncertainty over the Fed's policy path, equities were mixed in July, with the Nasdaq-100 declining roughly 7% for its worst month since March 2025.

Source: ETF Trends
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Reuters News Agency
2 days ago•Reuters
General Medium Importance Neutral
Trump advisers tell AI firms they will not safety-test open-weight models, sources say

Trump advisers tell AI firms they will not safety-test open-weight models, sources say

U.S. ​President ‌Donald Trump's ​administration ​on Tuesday told ⁠leading ​AI ​companies that it ​will ​not safety-test open-weight ‌AI ⁠models, according to ​two ​sources ⁠familiar ​with ​the ⁠discussions.

Source: Reuters
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Seeking Alpha News Agency
2 days ago•Seeking Alpha
General Medium Importance Neutral
Grab: Sturdy GMV Acceleration Keeps Shares A 'Buy'

Grab: Sturdy GMV Acceleration Keeps Shares A 'Buy'

Grab offers a compelling opportunity as investors rotate into lagging names amid rising market dispersion. GRAB's Q2 results showed accelerating GMV and a post-earnings rebound, despite the stock being down over 25% YTD. I reiterate my "Buy" rating on GRAB, supported by upgraded FY26 guidance and improving growth at a reasonable valuation.

Source: Seeking Alpha
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Bloomberg Markets and Finance News Agency
2 days ago•Bloomberg Markets and Finance
General Medium Importance Neutral
Hackers Hit Bitcoin's Safest Hiding Place

Hackers Hit Bitcoin's Safest Hiding Place

Bloomberg's Lauren Tara LaCapra joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Hackers have absconded with more than $100 million worth of Bitcoin from thousands of supposedly secure accounts in recent days, setting up another scandal for investors who have been repeatedly preyed upon by thieves in the sector.

Source: Bloomberg Markets and Finance
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Invezz News Agency
2 days ago•Invezz
General Medium Importance Neutral
Dow, S&P 500 hit record highs as AI earnings and oil drop lift stocks

Dow, S&P 500 hit record highs as AI earnings and oil drop lift stocks

Stocks rallied sharply on Tuesday, sending both the Dow Jones Industrial Average and the S&P 500 to fresh record highs as strong corporate earnings and another steep decline in oil prices boosted investor sentiment. Optimism over artificial intelligence spending continued to build after upbeat results from Palantir Technologies and Caterpillar, while hopes for easing tensions in the Middle East weighed on crude prices and Treasury yields.

Source: Invezz
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