Market news
Crypto, stocks, forex and macro, aggregated for traders.
Dow Holds Below 53,500 After Giving Back 240 Points From High
The Dow Jones Industrial Average is up about 120 points, or 0.23%, on Wednesday after fading from its session high.
Marvell lets Google buy up to $12.2bn of shares in chip deal
Marvell Technology agreed to allow Alphabet's Google to purchase up to $12.2 billion of its shares in exchange for chips, underscoring strong demand for AI-related semiconductor capacity.
Dow Jones Industrial Average Rallies Near 53,600
The Dow Jones Industrial Average traded near 53,600 on Wednesday, up more than 230 points or 0.44%, with gains not tied to earnings, growth, or Federal Reserve news.
IBM Links Two Cryogenic Modules in Quantum Computing Push
IBM has connected two supercooled modules into a single quantum system, a step it says will help link more quantum chips and increase qubit counts.
US Indices Open Higher; Dow Up 232 Points
Wall Street began the session in positive territory, with the Dow Jones up 232.06 points and the S&P 500 gaining 0.39%.
Monex Lets Clients Access Brokerage Accounts Through AI Using MCP
Monex Group has integrated its Japanese brokerage subsidiary Monex Securities with ChatGPT and Claude, allowing customers to access account information through natural-language conversations with AI. The move comes as brokers and trading platforms expand their use of AI connections. IG Australia recently linked trading accounts to ChatGPT through an MCP server, while Interactive Brokers has enable
TJX Beats Q2 Estimates and Raises Full-Year EPS Outlook
TJX posted better-than-expected Q2 comparable sales and revenue, lifted its full-year EPS guidance, and announced IEEPA tariff refunds.
Rising Bond Yields Hit Semiconductor Stocks and AI Valuations
Stocks fell again as investors weighed the implications of higher bond yields for risk assets, with semiconductor shares and AI-related valuations under the most pressure.
OpenAI Revenue Growth Lags as Anthropic Moves into Profit
OpenAI's quarterly revenue rose 18% to $6.7 billion, but Anthropic's revenue more than doubled to $11.6 billion and it reached a small operating profit, according to The Wall Street Journal.
Target Q2 2026 earnings beat estimates, FY EPS guidance raised
Target reported Q2 2026 comparable sales growth of 3.8% and net sales of $26.54B, both above estimates. The company sees full-year adjusted EPS of $9.90 to $10.90.
Target Q2 earnings crush estimates with $1.88B net income
Target reported second-quarter net income of $1.877 billion, well above the $1.061 billion IBES estimate, with sales and EPS also beating expectations.
Estee Lauder Plans 10,000 Job Cuts, Sees $1.2B Gross Benefits
Estee Lauder expects a net reduction of 10,000 positions and gross benefits of $1.2 billion from its profit recovery and growth plan, with cumulative charges slightly above the high end of its $1.5 billion to $1.7 billion range.
Amazon Bought Rare Books, Scanned Them and Destroyed Originals: 404 Media
Amazon purchased printed books, including rare editions, removed their bindings, scanned the pages and destroyed the originals, according to 404 Media.
Chip-led selloff hits global equities on stagflation pressure
Deutsche Bank strategists say rising yields and higher oil prices reinforced stagflation concerns, weighing on global equities with chip stocks and the Nasdaq leading US declines.
Danske Bank flags defensive rotation as higher yields hit equities
Danske Bank notes global equities fell on Tuesday, with the S&P 500 and Stoxx 600 down 0.7%, as investors shifted toward defensive sectors.
Robinhood CEO Vlad Tenev Says the ‘Tokenization Supercycle’…
Robinhood CEO Vlad Tenev says markets are at the start of a tokenization supercycle, urging clearer US rules as 2,000+ stock tokens go live in the EU.
European Lithium and Critical Metals Amend Scheme with Floating Share Ratio
European Lithium and Critical Metals have signed a second deed to amend their scheme implementation deed, adding a floating share deal ratio to limit the impact of CRML share price moves.
Hitachi Construction Machinery announces share buyback up to ¥34 billion
Hitachi Construction Machinery plans to repurchase up to 6.42 million shares through market purchases, with a maximum total spend of ¥34 billion. It also flagged an expected change in a major shareholder.
Fletcher Building returns to profit as EBIT rises 26%, flags uncertain outlook
Fletcher Building reported a return to profit with EBIT up 26%, but warned that economic, political and geopolitical uncertainty will weigh on H1 FY27 performance, with no meaningful volume recovery expected until CY2027.
Chipmakers Slide as AI Rally Pauses
Semiconductor stocks fell sharply, dragging the Nasdaq 100 and S&P 500 lower as investors turned defensive after an AI-driven rally.
StrikePoint Gold to Buy Nevada Gold Project from Newmont for $70M
StrikePoint Gold has agreed to acquire the Northumberland gold project in Nevada’s Walker Lane from Newmont for $70 million upfront and two $25 million contingent payments.
Dow Slips as December Fed Hike No Longer Certain
The Dow Jones Industrial Average is trading near 53,400, down about 105 points, as market odds of a December Federal Reserve quarter-point hike have declined over the past eight days.
Quantexa weighs UK or US listing as Warburg Pincus reviews stake
British AI company Quantexa is considering a stock market listing in the UK, the US, or both, while Warburg Pincus explores options for its 9% stake.
Interactive Brokers Adds SafetyPay as Brokers Push Local Payments in Latin America
Interactive Brokers has introduced a new account funding option for clients in Latin America through a collaboration with Paysafe's SafetyPay. The move follows similar efforts by other brokers to use local payment infrastructure in the region. Earlier, IC expanded its partnership with Paysafe to offer additional payment options across eight Latin American countries, including locally preferred pay