iFANN News Topic

    #finance

    UK long-term borrowing costs highest since 1998 ahead of October Budget
    Finance

    UK 30-year gilt yield hits 5.89%, highest since 1998, ahead of Burnham's first Budget

    The jump in long-term borrowing costs could almost halve Chancellor John Healey's fiscal headroom before his first Budget on 28 October.

    2d ago
    How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
    Business

    Jane Street reports $15 billion loss tied to AI fund exposure

    The trading giant's exposure to Leopold Aschenbrenner's Situational Awareness led to a massive loss as the fund's assets plunged from $45 billion to $10 billion.

    Aug 14
    business acquisition
    Tech

    Saudi-led group completes $55bn buyout of Electronic Arts, taking gaming giant private

    The consortium of PIF, Silver Lake and Affinity Partners completed the leveraged buyout on Monday, ending EA's 36-year run as a public company and loading it with $20bn in debt.

    Aug 6
    The S&P 500 is back at a record high and the Dow just hit 54,000
    Finance

    S&P 500 Closes at Record High as AI Profits Surge and Oil Prices Tumble

    Aug 5
    Dangote Refinery seeks $1 billion private placement ahead of planned listing
    Business

    Nigeria's Dangote refinery plans $5 billion IPO in October, source says

    Aug 4
    US stocks rally near a record as falling oil prices ease Wall Street's worries about inflation
    Finance

    Yen surges after rare US-Japan intervention, dragging on Tokyo stocks as oil retreat lifts Wall Street

    Aug 4
    US dollar weakens sharply against the Japanese yen after officials intervene in markets
    Finance

    Yen surges to three-month high after rare US-Japan currency intervention

    Aug 3
    Musk dismisses report of Tesla’s potential China business sale
    Finance

    Elon Musk calls report of Tesla China sale for SpaceX merger ‘absurdly fake news’

    Aug 2
    Stocks surge, yen awaits BOJ presser after intervention boost
    Finance

    Asia stocks surge, yen weakens after suspected joint intervention by Japan and Korea

    Jul 31
    Amazon.com to Webcast Second Quarter 2026 Financial Results Conference Call
    Finance

    Amazon tops $200 billion in quarterly revenue for the first time as AI and ads fuel growth

    Jul 31
    Microsoft sets record with near $450 billion single-day gain in market value  | Reuters
    Finance

    Microsoft stock surges 15% after earnings, adding record $450 billion in market value

    Jul 31
    Fed holds interest rates steady after cliffhanger meeting, but three officials dissent
    Finance

    Dow plunges 1,153 points after Fed holds rates steady in fractious meeting

    Jul 30
    Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details
    Business

    Meta shares slide as free cash flow evaporates under weight of AI spending

    Jul 30
    US stocks mixed ahead key tech earnings, Fed
    Finance

    AI funding fears and Chinese chip advances trigger broad selloff across Asian markets

    Jul 29
    Wall Street indexes dip with technology earnings, rising oil in focus |  Reuters
    Finance

    Wall Street braces for Big Tech earnings, Fed meeting, and oil above $100

    Jul 28
    S&P 500, Nasdaq close down as Big Tech's soaring AI budgets trigger flight  | Reuters
    Finance

    S&P 500 drops over 1% as Big Tech AI spending fears and $100 oil rattle markets

    Jul 26
    United Kingdom Predictions & Real-Time Odds | Polymarket
    Business

    Prediction markets gain UK foothold as Polymarket lists 500 live British events

    Jul 26
    Japan PM Takaichi rules out risk of British-style 'Truss' shock | Reuters
    Finance

    Japan PM Takaichi denies risk of Truss-style shock as markets recoil from ¥370tn plan

    Jul 25
    ECB holds rates at 2.25% as the reignited Iran war keeps a second hike in  play | Euronews
    Finance

    ECB Holds Rates Steady at 2.25% as Energy-Driven Inflation Clouds Outlook

    Jul 24
    Gold trims weekly drop on dip-buying despite rate hike odds | Financial Post
    Finance

    Gold Rises on Iran Conflict, Fed Rate Hike Fears Persist

    Jul 19
    Chip stock pullback sparks worries about AI rally strength, leveraged trades  | Reuters
    Finance

    Chip stocks slide, fueling AI rally and leveraged trade concerns

    Jul 18
    Stocks Sink on Anxiety About Tech and A.I. Spending - The New York Times
    Finance

    Tech Stocks Tumble on AI Spending Anxiety

    Jul 18