Market News
Real-time financial news, market commentary, and company press releases
5 hours ago · wsj.com
Qatar Says It's Ready to Resume LNG Operations Within Weeks of Hormuz ReopeningQatar, one of the world's top three LNG exporters before the Iran war, halted production earlier this year following attacks on its export hub and after the near-closure of the Hormuz strait.
5 hours ago · cnbc.com
Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is overBitcoin rose above $85,000 on Monday to trade at its highest level since late January. Matt Hougan, CIO at Bitwise, told CNBC the "crypto winter" is over and investors may witness the "strongest and longest-running bull market in crypto's history.
5 hours ago · cnbc.com
Treasury Secretary Bessent talks to CNBC as Trump administration faces affordability concernsTreasury Secretary Scott Bessent is set to sit down for an interview with CNBC's "Squawk Box" at 8 a.m. The interview comes as the Trump administration faces consumer concerns about rising fuel prices, interest rates, and risks from artificial intelligence.
5 hours ago · seekingalpha.com
A Bond Crisis Could Be ComingThere has been considerable volatility in treasury yields recently. I discuss the forces behind this, as well as those likely to shape the movement of treasury yields moving forward.
6 hours ago · reuters.com
ADARx Pharmaceuticals targets $1.74 billion valuation in US IPOADARx Pharmaceuticals is seeking a valuation of up to $1.74 billion in its U.S. initial public offering, the company said on Monday, as investor appetite for biotech listings strengthens.
6 hours ago · reuters.com
Morning Bid: SummiteeringAfter a turbulent week of central bank tightening, markets now turn to diplomacy - or at least top-level summits - as world leaders gather at the United Nations General Assembly in New York this week.
6 hours ago · wsj.com
Ipsen Shares Fall After Early Launch of U.S. Generic RivalStock fell sharply after the U.S. Food and Drug Administration approved a generic competitor to its flagship Somatuline hormone drug earlier than expected.
6 hours ago · seekingalpha.com
Goldman Sachs Sinks Toward Bear-Market Territory - Time To BuyGoldman Sachs is rated a buy despite recent technical weakness and an 18% drawdown, as valuation has entered an attractive zone. GS delivered a strong Q2, with EPS of $20.98 and revenue of $20.3B, beating estimates and raising its dividend to $5 per share. Forward drivers include pent-up M&A demand, robust issuance, and AI infrastructure scaling, positioning the company to benefit from capital markets activity.
6 hours ago · youtube.com
Trump-Xi Summit in Focus After Positive US-China TalksUS and Chinese officials offered upbeat assessments of their talks on artificial intelligence, trade and investment, signaling a mutual desire to steady ties ahead of this week's summit between leaders Donald Trump and Xi Jinping. Oil dropped for a fourth day, with Brent set for the longest run of declines since June, as traders tracked diplomatic efforts to end the US-Iran war and signs cargoes are still getting through the Strait of Hormuz.
6 hours ago · marketwatch.com
Corporate earnings are growing much faster than the economy. What Goldman strategists say about bubble concerns.A team at the bank, led by Ben Snider, wrote in a recent note that they see S&P 500 earnings per share growth slowing to 11% in 2027 and 2028.
6 hours ago · wsj.com
Bitcoin Jumps Above $85,000 to 8-Month HighThe flagship cryptocurrency continued its red-hot rebound, and was up over 30% since Aug. 19 and is holding firmly above the $80,000 level that had proved a stubborn cap in recent weeks.
6 hours ago · reuters.com
Aerospace suppliers test rare-earth alternatives to ease reliance on ChinaRare earth shortages are pushing some suppliers of aerospace companies to revisit decades-old turbine coating formulas once considered obsolete, after US-China tensions disrupted supplies from the world's dominant producer of critical minerals.
6 hours ago · reuters.com
Global diesel shortage likely to last into 2027 as storage tanks drainA global diesel shortage fueled by wars in Iran and Ukraine is unlikely to ease before next year, according to storage market indicators and industry participants, extending a spike in fuel costs that is weighing on economies worldwide.
7 hours ago · youtube.com
Trump-Xi summit looms as U.S. and China launch AI dialogueU.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng agree to set up a U.S.-China AI dialogue for security incidents, as markets count down to this week's crucial Trump-Xi summit in Washington.
8 hours ago · wsj.com
Government Bond Yields Fall as Risk Sentiment Tentatively ImprovesGlobal government bond yields fell as oil prices moved lower, helped by tentatively improving risk sentiment over central banks' commitments to bring inflation back to target and growing oil flow through the Hormuz Strait.
8 hours ago · youtube.com
U.S-China AI DialogueU.S. Treasury Secretary Scott Bessent and the Chinese Vice Premier He Lifeng agree to set up a “U.S.-China AI dialogue” for security incidents from artificial intelligence. This comes in the lead-up to this week's Trump-Xi summit in Washington.
8 hours ago · youtube.com
Novo shares sink as weight-loss drug giant unveils 2030 strategyNovo shares sink as the Danish drugmaker, which makes weight-loss drug Wegovy, unveils its 2030 strategy with CEO Mike Doustdar saying they need to further diversify the company.
8 hours ago · cnbc.com
Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importersSouth Korea appears the most directly exposed to the pipeline's shutdown, with Saudi crude accounting for 34.1% of its crude imports in July. A significant volume of Asia-bound crude previously transiting Hormuz pre-war had been shifted to the now-closed pipeline, experts say.
8 hours ago · cnbc.com
Treasury yields ease as global borrowing costs tumbleTreasury yields were lower on Monday following last week's interest rate bonanza.
8 hours ago · seekingalpha.com
Weekly Market Pulse: What Now?The CME's FedWatch tool currently shows a better than even chance of a further hike at next month's meeting and a 44% chance of a hike in December. In an inflationary environment, the 10-year yield usually needs to rise above NGDP growth to kill the inflation.