Market News

Latest financial news from across the markets

Daily Market Overview

Markets are showing mixed signals as investors await insights from Federal Reserve Chairman Kevin Warsh's upcoming address at the Jackson Hole Symposium. Affirm Holdings received a buy rating from Bank of America despite issuing modest guidance, while Marvell's shares fell 8% following disappointing earnings. In geopolitical news, the U.S. Navy's blockade has significantly reduced Iran's oil exports, contributing to ongoing volatility in oil prices. Meanwhile, BitGo is expanding its institutional capabilities with the acquisition of NYDIG’s trading business, signaling a rebound in crypto trading activity.

Latest Market Updates

Affirm surges after earnings; CEO says high gas prices are hitting U.S. shoppers

Affirm surges after earnings; CEO says high gas prices are hitting U.S. shoppers

less than a minute ago

Stocks are entering tough period. Buy these small, mid-cap names, Jefferies says

Stocks are entering tough period. Buy these small, mid-cap names, Jefferies says

less than a minute ago

How Democrats are looking to win in Colorado and capture Congress

How Democrats are looking to win in Colorado and capture Congress

less than a minute ago

BlackBerry lost the phone war. Now it's betting on cars and robots

BlackBerry lost the phone war. Now it's betting on cars and robots

less than a minute ago

Treasury moves to sanction UAE branch of Egyptian bank over Iran ties

Treasury moves to sanction UAE branch of Egyptian bank over Iran ties

2 minutes ago

Fed Chairman Warsh expresses concern about inflation trend

Fed Chairman Warsh expresses concern about inflation trend

4 minutes ago

Amazon is seeing more sales thanks to AI. Shares will rise, Evercore ISI says

Amazon is seeing more sales thanks to AI. Shares will rise, Evercore ISI says

26 minutes ago