Asian technology stocks fell Thursday as investors took profits in major AI-related names after a pullback in U.S. tech shares overnight.
Jeff Bezos plans to sell 15 million Amazon shares worth about $4.1 billion after the company’s stock surged to a record high following stronger-than-expected quarterly results.
Federal Reserve Chair Kevin Warsh is facing early questions over his inflation-fighting credibility after the Fed left interest rates unchanged at its July meeting.
Treasury yields edged lower on Tuesday as investors positioned ahead of the Federal Reserve’s rate decision, while falling oil prices eased concerns over renewed inflation pressure.
European defense stocks moved higher on Thursday after several major contractors reported strong first-half results.
JPMorgan CEO Jamie Dimon says investors may not be fully accounting for the risks building across the global economy.
U.S. Treasury yields moved higher on Thursday as rising oil prices and renewed geopolitical concerns pushed investors to reassess inflation risks and the outlook for Federal Reserve policy.
Bitcoin futures dropped to around $58,995 on Thursday, marking the lowest level since October 2024 and extending the drawdown from last year’s peak to roughly 52%.
Global oil prices edged lower on Tuesday as investors closely monitored tanker traffic through the Strait of Hormuz, one of the world’s most critical energy shipping routes.
Kevin Warsh’s first meeting as Federal Reserve chair delivered no change to interest rates, with the FOMC holding the benchmark range at 3.50%–3.75%.