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Gold Falls Amid Souring Risk Sentiment
The Wall Street Journal50d agobearish
Gold Falls Amid Souring Risk Sentiment

Gold declined in early Asian trade. Souring risk sentiment toward artificial-intelligence-related assets has spilled over into commodities including gold, which was among the hardest hit last week, said Capital Economics.

AMC makes bold call that sends its stock crashing
TheStreet51d agobearish
AMC makes bold call that sends its stock crashing

AMC Entertainment Holdings, Inc (AMC) has spent 2026 trying to convince Wall Street that the worst is behind it. Box office has been recovering, attendance is climbing, and the business is finally gaining momentum. Then management made a move that erased a quarter of the stock's value in a single ...

Cathie Wood makes striking Palantir move as shares tumble
TheStreet51d agobearish
Cathie Wood makes striking Palantir move as shares tumble

Palantir Technologies (PLTR) is emerging as one of the market’s trickiest AI plays. The company is closely related to the AI boom with its government data platforms, commercial software and artificial intelligence platform. But investors now are seeing such exposure less as a clear tailwind and ...

Cathie Wood-backed crypto stock drops over 90%
TheStreet51d agobearish
Cathie Wood-backed crypto stock drops over 90%

Michael Saylor's Strategy (NASDAQ: MSTR) has been the inspiration behind many companies picking up a crypto treasury model. One such firm was Brera Holdings. Founded in 2022, it began as an owner of small football clubs across Italy, North Macedonia, Mozambique, and Mongolia. After its ...

Wall Street veteran warns of epic stock market crash
TheStreet52d agobearish
Wall Street veteran warns of epic stock market crash

On the latest episode of Steven Bartlett’s podcast, The Diary of a CEO, legendary investor Jeremy Grantham said the AI stock boom has entered the same danger zone as the great market bubbles that investors typically study only after they burst. Over the past couple of years, AI stocks have done the ...

JPMorgan sees inflation problem investors are missing
TheStreet52d agobearish
JPMorgan sees inflation problem investors are missing

JPMorgan’s Bruce Kasman is putting a tougher Fed risk back in front of investors. In an interview with CNBC, as cited by Seeking Alpha, the bank’s chief global economist said inflation remains stickier than markets currently appreciate, warning that the Federal Reserve might have to raise interest ...

Millionaire shorts SpaceX as price crashes
TheStreet52d agobearish
Millionaire shorts SpaceX as price crashes

When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...

OpenAI IPO delay sends AI tokens crashing
TheStreet52d agobearish
OpenAI IPO delay sends AI tokens crashing

Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...

Another crypto firm cuts staff in major AI push
TheStreet52d agobearish
Another crypto firm cuts staff in major AI push

Following the footsteps of major cryptocurrency companies like Block (NYSE: XYZ), Ethereum Foundation, Coinbase Global (Nasdaq: COIN), and MARA Holdings (Nasdaq: MARA), another firm has decided to fire staff. Launched in 2011, BitGo Holdings (NYSE: BTGO) is a crypto ...

Saylor's Strategy shuts down rumors of being under investigation
Yahoo Finance Video52d agobearishVIDEO
Saylor's Strategy shuts down rumors of being under investigation

Scott Melker discusses rumors surrounding Saylor's Strategy, the brutal crypto week that took place, Kraken, bitcoin, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

The Great Russell Rebalancing Is Upon Us
The Wall Street Journal52d agobearish
The Great Russell Rebalancing Is Upon Us

The FTSE Russell indices will undergo their semi-annual rebalancing after markets close today—an event that analysts say could make for one of the highest volume trading days of this year. The rebalancing will impact $6 trillion of active and passive assets under management benchmarked to the major Russell indices, according to strategists at JPMorgan Asset Management. Overall, 43 companies are expected to graduate from the Russell 2000 index of small-cap stocks to the Russell 1000 large-cap index.

Investing.com52d agobearish
Morgan Stanley flags Fed hike risk if unemployment drops below 4%

Investing.com -- Morgan Stanley has retained its forecast for the Federal Reserve to hold interest rates through year-end, but warned that a drop in unemployment below 4% or persistently elevated inflation could force a rethink in favor of rate hikes.