Market News

Latest financial and economic news and analysis

Crypto Economy News Agency
Yesterday•Crypto Economy
Cryptocurrency Medium Importance Neutral
Grayscale Makes a Major Move: 161,000 Idle ETH Could Soon Be Put to Work

Grayscale Makes a Major Move: 161,000 Idle ETH Could Soon Be Put to Work

Grayscale amended the agreement of its Ethereum ETF to make staking the default option for nearly all of its funds. The new contract requires that rewards be converted to cash and distributed to shareholders at least quarterly, though monthly payments are in the plans.

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ETHUSD Ethereum USD
Source: Crypto Economy
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Bloomberg Markets and Finance News Agency
Yesterday•Bloomberg Markets and Finance
General Medium Importance Neutral
Markets Rally on Weak Jobs Report | Closing Bell

Markets Rally on Weak Jobs Report | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?

Source: Bloomberg Markets and Finance
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CNBC News Agency
Yesterday•CNBC
General Medium Importance Neutral
‘SaaSpocalypse' debate intensifies as software stocks swing wildly

‘SaaSpocalypse' debate intensifies as software stocks swing wildly

The past week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence. Airtable, a one-time highflyer among cloud software startups, agreed to be acquired for about one-tenth of its peak valuation.

Source: CNBC
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Bloomberg Markets and Finance News Agency
Yesterday•Bloomberg Markets and Finance
General Medium Importance Neutral
Money Roundtable: US Jobs Data & Michigan's Primary

Money Roundtable: US Jobs Data & Michigan's Primary

Bloomberg's David Gura, Mike McKee, and Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the newly released US payrolls data, the politics around the Michigan Senate Primary race, and how investors are using AI to beat Wall Street.

Source: Bloomberg Markets and Finance
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Crypto Briefing News Agency
Yesterday•Crypto Briefing
Cryptocurrency Medium Importance Neutral
BlackRock CEO Larry Fink predicts Bitcoin could reach $700K

BlackRock CEO Larry Fink predicts Bitcoin could reach $700K

Institutional adoption of Bitcoin could reshape global financial strategies, challenging traditional assets and influencing monetary policies. BlackRock CEO Larry Fink predicts Bitcoin could reach $700K.

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BTCUSD Bitcoin USD
Source: Crypto Briefing
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Coindesk News Agency
Yesterday•Coindesk
Cryptocurrency Medium Importance Neutral
Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock

Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock

Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.

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BTCUSD Bitcoin USD
Source: Coindesk
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Seeking Alpha News Agency
Yesterday•Seeking Alpha
Stocks Medium Importance Neutral
RXO Still Unable To Capture Upcycle Economics, And Now At 20x Cycle-Average Earnings

RXO Still Unable To Capture Upcycle Economics, And Now At 20x Cycle-Average Earnings

RXO, Inc. delivered strong Q2 '26 revenue growth, but profits and margins failed to improve, with gross profit declining and adjusted EBITDA flat. Most revenue gains stemmed from higher freight rates and fuel prices, not underlying business economics, while working capital needs and leverage increased. Management targets mid-single-digit EBITDA margins through the cycle, but current valuation implies ~20x normalized earnings, even under optimistic scenarios.

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RXO RXO
Source: Seeking Alpha
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New York Post News Agency
Yesterday•New York Post
Stocks Medium Importance Neutral
OpenAI set to get into the smart home sector with $300 doughnut-shaped puck

OpenAI set to get into the smart home sector with $300 doughnut-shaped puck

OpenAI is reportedly looking to launch the product in 2027, marketing it as an AI-first computer that can help users check things off their to-do lists throughout the day.

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P-OPEA P-OPEA
Source: New York Post
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Accesswire News Agency
Yesterday•Accesswire
Stocks Medium Importance Neutral
Noram Lithium Engages 1353656 BC Ltd. for Marketing and Management Consulting Services

Noram Lithium Engages 1353656 BC Ltd. for Marketing and Management Consulting Services

VANCOUVER, BC / ACCESS Newswire / August 7, 2026 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) has entered into a services agreement dated July 1, 2026 (the "Agreement"), with 1353656 BC Ltd. ("1353656").

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LTUM LTUM
Source: Accesswire
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PRNewsWire News Agency
Yesterday•PRNewsWire
Stocks Medium Importance Neutral
Havertys Furniture Third Quarter 2026 Cash Dividend and Additional Authorization Under Stock Repurchase Program

Havertys Furniture Third Quarter 2026 Cash Dividend and Additional Authorization Under Stock Repurchase Program

ATLANTA, Aug. 7, 2026 /PRNewswire/ -- Haverty Furniture Companies, Inc. (NYSE: HVT and HVT.A) ("Havertys" or the "Company") today announced that its Board of Directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the Company at a rate of $0.33 per share on the common stock and $0.31 per share on the Class A common stock. The dividend is payable on September 9, 2026, to stockholders of record at the close of business on August 25, 2026.

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HVT HVT
Source: PRNewsWire
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GlobeNewsWire News Agency
Yesterday•GlobeNewsWire
Stocks Medium Importance Neutral
Sharplink and Galaxy Digital Launch First-of-Its-Kind $125M Onchain Yield Fund

Sharplink and Galaxy Digital Launch First-of-Its-Kind $125M Onchain Yield Fund

Institutional Fund Begins Deploying Capital Across Decentralized Finance and Onchain Yield Strategies NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) and Galaxy Digital Inc. (Nasdaq: GLXY) today jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP (the “Fund”), a first-of-its-kind institutional investment vehicle designed to deploy capital into onchain yield strategies and identified investments. Managed by Galaxy, the Fund launches with $125 million in committed capital, including $100 million backed by Sharplink's staked ETH treasury and $25 million from Galaxy.

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SBET SBET
Source: GlobeNewsWire
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PRNewsWire News Agency
Yesterday•PRNewsWire
Stocks Medium Importance Neutral
First Horizon Recognized on Memphis Business Journal's "Best Places to Work in Memphis" List

First Horizon Recognized on Memphis Business Journal's "Best Places to Work in Memphis" List

MEMPHIS, Tenn., Aug. 7, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) is proud to announce it has been recognized on the Memphis Business Journal's Best Places to Work in Memphis list in the Large Companies category.

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FHN FHN
Source: PRNewsWire
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