August brought a bullish reversal for SpaceX (NASDAQ: SPCX) stock, though it, despite leaving the equity above the initial public offering (IPO) price of $135, failed to take it above either the day-one open or close.
Ripple partners with SettleMint to combine custody and tokenization for APAC financial institutions as XRP trades near $1.39.
AI stocks including Sandisk, Corning, and Intel struggle as investors ditch risk assets amid a run-up in bond yields.
Medtronic stock advances after the company posts better-than-expected quarterly earnings, raises revenue guidance, and announces a $700 million investment.
Silver drops below $65 as hawkish Fed bets weigh on XAG/USD
Bitcoin trades at $78,142 this morning, and the iShares Bitcoin Trust ETF (NASDAQ:IBIT) closed yesterday at $44.67, up 1.75% on the session.
The bigger prize at ACG Metals Ltd (LSE:ACG, OTC:ACGAF) lies beyond the first copper concentrate that landed this week, according to Stifel, the broker. Analysts Alex Bedwany and Mavis Liu, who rate the shares buy with a 2,450p target, said the Gediktepe mine in Türkiye holds significant further upside once its Enriched Ore Project is finished, expected late this year.
Shares in Reckitt Benckiser Group PLC (LSE:RKT, OTCQX:RBGLY), the consumer goods company behind Dettol and Nurofen, rose over 4% on Tuesday as investors digested a legal win for its Mead Johnson unit and a JP Morgan upgrade to overweight. The upgrade came in a wider note on European consumer staples published by JP Morgan analyst Celine Pannuti on Tuesday.
As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.
OpenSea puts Solana NFTs back at the center of its crypto strategy more than four years after a first failed attempt. The marketplace will again allow buying, selling and trading Solana collections.
The ChatGPT-maker says many of the accusations boil down to poor offboarding procedures inside the iPhone maker.
Bitmine Immersion Technologies offers asymmetric risk-reward as a digital asset treasury proxy, now trading at ~1.18x–1.20x P/B with downside cushioned by liquid assets. BMNR's MAVAN staking infrastructure generates $367M–$390M+ in annualized pretax income at 87%–97% gross margins, supporting preferred dividends and share buybacks. With dilution largely behind, BMNR nears its 6M ETH accumulation target, positioning for NAV accretion and institutional inflows post-NYSE uplisting and Russell 1000 inclusion.
XRP futures open interest fell 16% from Aug. 17 to Aug. 31 as XRP rose nearly 40%, while CME exposure increased roughly 36%.
Tim Cook may be stepping down as Apple's CEO, but he's sticking around in an expanded board role
Flare is showing strong momentum and could be pushing for a rally in the near term.
Last-mile delivery company OneRail is launching a new platform with Nvidia to use AI to help retailers make faster and more efficient delivery decisions, the companies told CNBC exclusively. The platform, called OmniStar, has already been deployed with a few customers.
Tuesday is John Ternus' first day at the helm of Apple, following Tim Cook's 15-year run as CEO. Ternus takes over as Apple confronts major challenges due to soaring memory costs and the company's precarious position in AI.
AMD delivered 50.1% revenue growth to $11.54 billion while non-GAAP operating income surged 245% on substantial gross margin expansion. Data center segment revenue rose 107% year-over-year, driven by accelerating server CPU demand and broadening enterprise AI workload adoption momentum. Major hyperscalers including Anthropic, OpenAI, and Meta committed multiple gigawatts of Helios rack-scale systems and Instinct GPU deployments globally today.
A Deutsche Bank research note circulated to clients late last week put a number on something equity strategists have been muttering about for months.
California wildfire legislation sharply increases liability risk for utilities like PG&E (PCG) and Edison International (EIX), triggering major stock selloffs. Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO.
Plus: George Santos gets Kalshi ban and G-20 warned of AI cyber threats.
Hello Traders, in today's blog we're reviewing the $XAGUSD wave count shared with members, which highlighted a strong bullish outlook. The Elliott Wave pattern confirmed the move right at the extreme/high‑frequency zone, propelling prices sharply higher.
Hyperliquid's HYPE token targets $90.75 as a bullish ascending triangle breakout, US expansion plans, and a $10.75M short liquidation zone support upside.
Gold traded around 4,460 USD per ounce on Tuesday, remaining near a two-week low. Pressure on the metal has intensified due to rising oil prices and hawkish comments from Fed Chair Kevin Warsh, which have significantly increased expectations of an imminent US rate hike.
Gold at two-week low: Geopolitical risks rise again
BYD, XPeng, NIO, and Li Auto reported August delivery numbers on Tuesday.
CME's share of XRP futures open interest has risen to 17% as XRP gains nearly 40% in two weeks while overall futures exposure declines.
The iShares MSCI Brazil ETF offers portfolio diversification for investors heavily exposed to the S&P 500 and the AI-driven U.S. tech sector. EWZ provides geographic, sectoral, and currency diversification, with significant exposure to commodities, financials, and domestic Brazilian stimulus policies. At 8.8x earnings, EWZ trades at a substantial discount to SPY's 20x, with potential for an 18.5% upside to its recent high.
The recent altcoin rally has seen a handful of alternative tokens clear longstanding losses and kick off a steady recovery as they retest previous resistance levels.
Chinese electric-vehicle maker NIO reported a narrower loss in the second quarter, thanks to robust deliveries and its premium positioning.