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Economy

IBM shares drop as software revenue misses
Economy

IBM shares drop as software revenue misses

July 23, 2025

IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue…

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
Economy

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates

July 23, 2025

Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose…

Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Economy

Chipotle stock tumbles 9% after chain cuts same-store sales forecast

July 23, 2025

Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion. ...

Tesla reports sales miss as auto revenue drops for second straight quarter
Economy

Tesla reports sales miss as auto revenue drops for second straight quarter

July 23, 2025

Tesla’s second-quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.…

Alphabet beats earnings expectations, raises spending forecast
Economy

Alphabet beats earnings expectations, raises spending forecast

July 23, 2025

The company increased its capital expenditures for 2025 by $10 billion due to "strong and growing demand for our Cloud…

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
Economy

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm

July 22, 2025

Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump's upcoming trade…

Credit card startup Imprint beats big banks for Rakuten co-brand deal
Economy

Credit card startup Imprint beats big banks for Rakuten co-brand deal

July 22, 2025

There is a new player making waves in an industry dominated by big banks. Imprint is a 5-year-old credit card…

Bessent says Powell doesn’t need to resign but should conduct internal review
Economy

Bessent says Powell doesn’t need to resign but should conduct internal review

July 22, 2025

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the…

Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
Economy

Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence

July 22, 2025

El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets

August 7, 2026

Bitcoin (BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers.Key points:Crypto and risk assets gained after US nonfarm payrolls fell by 23,000 in July.Fed interest-rate bets…

2
Cryptocurrency

Reform UK chair calls for probe into SBF-linked donation: Report

August 7, 2026

The chairman of the UK’s Reform party has called for an investigation following reports of a $50,000 political donation linked to former FTX CEO Sam “SBF” Bankman-Fried.According to a Friday report from the Telegraph, Reform…

3
Cryptocurrency

Circle expands USDC to OKX ecosystem with X Layer launch

August 7, 2026

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and…

4
Cryptocurrency

RWAs buck DeFi slowdown as tokenized assets gain traction: CoinShares

August 6, 2026

Real-world assets (RWAs) are gaining momentum as tokenized versions of traditional investments move beyond issuance and become active parts of onchain financial markets.RWA deposits across decentralized finance platforms more than tripled year over year to…

Economy

Economy

Here are three key takeaways from the disappointing July jobs report

August 7, 2026
Economy

Trump revives effort to fire Fed’s Lisa Cook

August 7, 2026
Economy

Trump teased an Iran deal that didn’t come, but markets soared. Here’s why it keeps happening

August 7, 2026
Economy

JPMorgan’s Jamie Dimon warns of high leverage: ‘Somebody will disrupt the market’

August 6, 2026
Economy

U.S. ready to return to ‘commitments,’ Iran says, after Trump signals deal is near

August 6, 2026
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