Author: Admin

Check out the companies making the biggest moves premarket: Tesla — Shares were down nearly 6% after the company reported an earnings miss for the second quarter. Tesla’s free cash flow also turned negative as margins came under pressure. Alphabet — The Google parent fell 4.5% after it increased its capital expenditures outlook for the year to bolster its artificial intelligence capabilities. Alphabet expects to spend between $195 billion and $205 billion in 2026, up from a previous guidance of as much as $190 billion. Lockheed Martin — The defense giant popped 6% after it reported better-than-expected results for the…

The EU can now ban crypto trades to entire nations for being in breach of Russian sanctions, and 11 crypto platforms have been targeted by the new measures. The European Union agreed on Thursday to its 21st sanctions package against Russia. EU persons are now barred from transacting with 11 unnamed crypto operators and 94 banks and financial institutions. While names of the 11 crypto platforms have been withheld, the EU has revealed that they mostly operate in Belarus and Nigeria, acting as conduits to funnel money between Russia and countries blocked from doing business with it. Previously, Brussels…

Japan’s pension titan selling foreign assets could push U.S. yields up and sap demand for the dollar.

Ramin Talaie | Getty ImagesU.S. Treasury yields advanced on Wednesday, following oil prices higher, as traders await jobless claims data due later in the session. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was up more than 3 basis points to 4.695%, approaching its highest level in more than a year.The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, rose more than 3 basis points to 4.334%. The longer-dated 30-year Treasury bond yield was higher by 3 basis points to 5.177%.One basis point is equal…

The different price action between artificial-intelligence hyperscalers and chip and infrastructure stocks is a throwback to a setup in the late 1990s, argues JPMorgan.

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%.  September E-mini S&P futures (ESU26) fell -0.07%, and September E-mini Nasdaq futures (NQU26) fell -0.48%. Stock indexes fell on Wednesday as soaring crude prices pushed bond yields higher, weighing on stocks.  WTI crude oil (CLU26) rose more than +2% on Wednesday to a 6-week high after the US and Iran played down the prospects of peace talks as disruptions to global oil supplies continued to mount.  The 10-year T-note yield climbed to a 2-month…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Newly enacted housing legislation that bans institutional investors from purchasing single-family rental homes has those same investors putting up more “for sale” signs.The number of homes owned by institutional investors listed for sale is, as of this month, more than double what it was at the start of February,…

Back in the early 2000s, the US rates markets were at the mercy of mortgage-backed securities (MBSs). The holders were active hedgers and as underlying rates moved, it led to a flood of trades that could have an impact on the markets underpinning them.As these MBSs passed into the hands of passive, non-hedgers like the Fed post-2008 and then after the Covid pandemic, that effect dimmed. But as the Fed’s balance sheet runoff puts the bonds into new hands, combined with higher mortgage interest Only users who have a paid subscription or are part of a corporate subscription are able…

The digital euro is one of Europe’s most contentious financial projects.Supporters see it as a way to preserve the bloc’s monetary sovereignty, reduce its reliance on foreign payment providers, and ensure central bank money survives in an online economy dominated by USD stablecoins.Critics, however, argue the digital euro could be a way for a supranational organization to surveil — and in certain circumstances, even control — the population of Europe.The official view is that: “The digital euro will reduce Europe’s excessive dependence on non-European providers. It will ensure that Europeans can pay with their money — the sovereign money issued…

Key PointsThe CPU-to-GPU ratio in AI data centers is shifting in favor of CPUs, and that’s great news for Intel investors.Intel remains the dominant player in the server CPU market.Analysts haven’t raised their Q2 EPS estimates by much for Intel, potentially paving the way for a big earnings beat. 10 stocks we like better than Intel ›With massive gains of 357% over the past year, Intel (NASDAQ: INTC) has emerged as a top semiconductor play due to the company’s fast-improving financial health and its growing influence in artificial intelligence (AI) chips.However, Intel stock has slipped 25% from the 52-week high…