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CoreWeave shares jumped 14% in extended trading on Tuesday after the AI infrastructure provider reported results than topped Wall Street expectations.Here’s how the company did relative to LSEG consensus:Earnings per share: Loss of $1.03 adjusted vs. loss of $1.20 expectedRevenue: $2.58 billion vs. $2.56 billion expectedRevenue climbed 112% during the quarter from a year earlier, CoreWeave said in a statement. Net loss of $626 million increased from $290 million, or 60 cents per share, a year ago. The company’s revenue backlog now stands at $104 billion, a figure that excludes over $25 billion in new commitments from the third quarter, and…

Residential property is the largest store of wealth in the UK, and has long been a target for those who believe homes should be taxed more. Real estate remains a juicy plum for Andy Burnham to pick as he searches for ways to pay for an overhaul of the social care system and higher defence spending, to name just two fiscal priorities. Yet how to tax property, or possibly the land it sits on, has vexed economists and politicians for centuries. Here we discuss the background to the debate and some of the tax options.How is property taxed now?Council tax,…

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026.Tom Brenner | Bloomberg | Getty ImagesLOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los Angeles in 2028, the firm officially opted in — making a massive, nine-figure bet as the Games’ first-ever global banking partner. While terms of the agreement were not disclosed, these types of partnerships are estimated to go for upwards of $200 million per four-year cycle. In an interview with CNBC,…

For years, blockchain ecosystems competed largely on one question: Which network can attract the most users, developers, and capital?Ethereum built a massive DeFi economy. Solana became known for high-speed transactions and low fees. Layer-2 networks expanded Ethereum’s capacity, while newer chains introduced alternative approaches to scalability, interoperability, and application development.But the competitive landscape is changing.The next major battle may not be about which blockchain has the most liquidity locked inside its ecosystem. Instead, it may be about which networks, protocols, and infrastructure providers can move liquidity between ecosystems most efficiently, securely, and intelligently.This is creating a new race for cross-chain…

Gold ‘s sharp August rally is starting to look a bit stretched, according to Bespoke Investment Group. Futures tied to the yellow metal have been on a hot streak, up around 8% this month alone. Last week, the yellow metal rose to its highest level since June. It also gained 7.1% for its best weekly performance since January amid weaker-than-expected payrolls and hopes for a deal to reopen the Strait of Hormuz. @GC.1 1M mountain Gold futures in the past month The precious metal’s latest rally not only lifted it above its 50-day moving average, it also entered overbought territory…

These are the circumstances in which choosing a SpaceX-operated Starlink setup over fiber, cable and 5G may make financial sense.

The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.07%.  September E-mini S&P futures (ESU26) are up +0.02%, and September E-mini Nasdaq futures (NQU26) are down -0.11%.Stock indices are mixed today.  Stocks found support after crude prices gave up a 2% overnight advance and turned negative, knocking bond yields lower after Pakistan signaled the US and Iran were close to an arrangement that could reopen the Strait of Hormuz.  Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for…

People shop at the Union Square Greenmarket on August 07, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesWarm weather usually drives salad sales, but consumers spooked by the ongoing cyclospora outbreaks are avoiding lettuce this summer.Traffic to Chopt Creative Salad Co. locations fell 24% compared to the day-of-week average on July 18, right after the Food and Drug Administration announced the outbreak, according to Placer.ai data. Sweetgreen on Thursday said consumer concerns about the outbreak had about a 6 percentage point impact on same-store sales in July, and the company cut its full-year…

At its meeting on August 10, the National Bank of Romania kept the monetary policy rate at 6.5%, as the country continues to struggle with the fallout from the collapse of its government.Investors had widely expected the rate hold. The board has kept the policy rate unchanged since August 2024.In a press release announcing the decision, the bank said headline inflation slowed in June to 10.4%, from 10.9% in May. It said the fall was mainly driven by a sharp decline in food and fuel prices.Core Only users who have a paid subscription or are part of a corporate subscription…

BTC USD is trading at $64,950, up a modest +0.2% on the day, after briefly punching through $65,400 in early August 10 trading. That’s not a breakout yet, as it’s already lost the $65,000 level. The bigger question is whether Wednesday’s inflation print turns this into a real move or sends BTC back toward the low $64,000s. As things stand, Bitcoin is holding steady above $64K and until $64,500 is lost, there is no real reason to panic.The setup is straightforward on paper, messier underneath. Friday’s payroll data showed the US economy shed 23,000 nonfarm jobs in July, with unemployment…