President Donald Trump has threatened to expand U.S. military strikes on Iran to include power plants…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
IBM Shares Plunge 25% After Disappointing Earnings Report
IBM's stock fell 25.2% on Tuesday, marking its largest single-day decline in 115 years, following a…
Udaan Secures $160 Million Amid Ongoing Insolvency Issues
Udaan, a business-to-business e-commerce platform, announced a financing round of approximately $160 million on Tuesday. This…
Bank Earnings Reflect Strong Economy; IBM Stock Declines
U.S. bank earnings released this week indicate a resilient economy, with major financial institutions reporting stronger-than-expected…
Senators Propose Sanctions Bill Targeting Russia’s Economy
U.S. senators unveiled a bipartisan sanctions bill on Tuesday aimed at pressuring Russia amid its ongoing…
Fed Chairman Warsh Details Reforms in Congressional
Federal Reserve Chairman Kevin Warsh outlined reforms during his first congressional testimony before the House Financial…
Fastenal Reports Q2 Earnings, Sales Beat Estimates
Fastenal Company (NASDAQ: FAST) reported its second-quarter earnings on Wednesday, revealing a 14.7% year-over-year increase in…
US CPI Falls 0.4% in June, Easing Rate Hike Concerns
The U.S. Consumer Price Index (CPI) fell 0.4% in June, reducing the annual inflation rate to…
Mizuho Downgrades Circle Amid Open USD Competitive Threat
Mizuho Securities downgraded Circle, the issuer of the USDC stablecoin, to 'underperform' from 'neutral' and cut…
IBM Warns of Budget Shift Amid AI Spending Boom
IBM issued a pre-earnings warning on Tuesday, indicating a significant shift in technology budgets as companies…