Digital Bank Revolut Is Valued At $115 Billion
Revolut, a digital bank that deals in cryptocurrencies, has been valued at $115 billion U.S. as part of a secondary share sale.
Business
Stocks Settle Lower as Crude Oil Prices Jump
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%. September E-mini S&P futures …
Stock Indexes Mixed Ahead of Alphabet’s Earnings
The S&P 500 Index ($SPX) (SPY) today is down -0.09%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.29%. September E-mini S&P futures (ESU26) are down -0.0…
CGMU Crosses Critical Technical Indicator
In the case of CGMU, the RSI reading has hit 28.3 — by comparison, the RSI reading for the S&P 500 is currently 59.6. A bullish investor could look at CGMU's 28.3 reading as a sign that the recent heavy selling is in th…
Brazil Coffee Harvest Pressures Weigh on Prices
September arabica coffee (KCU26) on Wednesday closed down -5.45 (-1.69%), and September ICE robusta coffee (RMU26) closed down -22 (-0.58%).
Form 144 EverCommerce Inc. For: 22 July
EverCommerce Inc insider Eric Remer has filed to sell 7,100 shares of EverCommerce common stock through Fidelity Brokerage Services LLC on July 22, 2026 on NASDAQ. The shares derive from a Stock Award dated July 1, 2021…
Senate crypto bill would ban federal officials — including presidents — from issuing digital assets
Presidents and other federal officials would be banned from issuing or sponsoring cryptocurrency and other digital assets under newly updated legislation the Senate is considering.
Southwest Airlines' third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its outlook for the summer fell below Wall Street …
IBM lowers full-year forecast after earnings warning
IBM on Wednesday lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected, even after the technology vendor issued an earnings warning last week. IBM said it aims to widen its full-y…
IBM just cut its outlook. Why its stock is bouncing higher anyway.
Paypal and Cintas were among the best-performing stocks, while semiconductor stocks SanDisk, Marvell Technologies dropped.
Canopy Growth Corporation (CGC) Dips More Than Broader Market: What You Should Know
Canopy Growth Corporation (CGC) closed at $0.91 in the latest trading session, marking a -2.67% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.14% for the day. Meanwhile, the …
Stock Indexes Mixed Ahead of Alphabet’s Earnings
The S&P 500 Index ($SPX) (SPY) today is down -0.09%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.29%. September E-mini S&P futures (ESU26) are down -0.0…
OpenAI cyber models broke out of training environment to hack Hugging Face
OpenAI said that its artificial intelligence models were behind an "unprecedented cyber incident" that affected the open-source developer platform Hugging Face, rattling researchers across the industry.
Stock Indexes Settle Higher as Chipmakers Soar
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.89%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.74%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.93%. September E-mini S&P futures (ESU26) …
Dollar Slightly Lower as the Yen Recovers
The dollar index (DXY00) is down by -0.10% today. The dollar is under modest pressure today amid a recovery in the yen, which rose from a 39-year low on the prospect of faster interest rate hikes from the BOJ. Losses in…
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
European Union antitrust regulators said on Wednesday they had signed off on Paramount Skydance's proposed acquisition of Warner Bros. Discovery.
This ‘intrinsic value’ small-cap stock strategy keeps benefiting from deep research
On this week’s episode of The Morning Filter, Dave Sekera and Susan Dziubinski catch up on Federal Reserve Chair Jerome Powell’s remarks from Jackson Hole, Wyoming, and the latest tariff news. A couple of economic repor…
iShares California Muni Bond Getting Very Oversold
In trading on Friday, shares of the iShares California Muni Bond ETF (Symbol: CMF) entered into oversold territory, changing hands as low as $60.57 per share. We define oversold territory using the Relative Strength Ind…
Yes, the AI stock selloff looks terrifying. But it might actually save the bull market.
Lots happened in terms of monopoly news this week, as usual. Household income is now officially declining, California’s assembly is scaring big law firms by passing a major antitrust bill, and there is a merger of two f…
Houthis deploy missiles and drones to attack ships in southern Red Sea, naval group says
Iran's Houthi allies in Yemen have completed preparations to attack ships transiting the Red Sea's southern access point, a maritime security group led by the U.S. Navy has warned.
Soybeans Kicking Off Midweek Trade with Early Strength
Soybeans are 7 to 9 ¼ cents higher so far on Wednesday morning. Futures posted Turnaround Tuesday losses of 3 to 6 1/2 cents on the session pulling off early lows. Open interest was up just 1,907 contracts on Tuesday. T…
American Honda announces leadership changes in auto sales
American Honda today announced rotational changes to the company’s Auto Sales leadership effective Monday, August 3, 2026. Jessika Laudermilk, currently assistant vice president of Honda National Auto Sales, will move o…
U.S. Secret Service official: 'Threat environment is the highest we've ever seen'
Fifa World Cup matches set to be held across the United States face heightened terrorism risks, with experts warning that vulnerabilities are being amplified by the US-Israel conflict with Iran and a depletion of counte…
Amazon cuts some jobs in its artificial general intelligence unit
Amazon is laying off some employees in its unit focused on artificial general intelligence, the company confirmed Wednesday, as it continues to cut jobs while pouring money into AI.