The New York Stock Exchange (NYSE) provided a pre-market update focusing on key market developments, including Fireblocks' report that nearly 90% of banks are investing in digital asset infrastructure. Precidian Investments aims to lead innovation with new tools for mutual funds and recently secured a U.S. patent for Asset-Backed Digital Tokens Technology. Investors are also closely watching Fed Chair Warsh's upcoming speech at the Jackson Hole Economic Policy Symposium, with most traders expecting interest rates to remain steady. These updates signal growing interest in digital finance and cautious anticipation of monetary policy moves.
Fed Chairman Kevin Warsh's speech at the Jackson Hole symposium is expected to focus on broad themes rather than detailed policy guidance. Analysts suggest that the footnotes and references in his speech could reveal insights into his thinking, inclu...
Honeywell International Inc. reported Q2 2026 revenue of $5.2 billion, up 4% organically, with earnings per share rising 10% year-over-year to $1.95. The company's free cash flow increased significantly from $100 million to $500 million, supported by...
Take-Two's shares rose in premarket trading following the release of the highly anticipated Grand Theft Auto 6 trailer, which caused streaming platforms Netflix and Twitch to experience bandwidth issues due to massive viewer demand. The game, set to ...
PayPal's stock dropped 15% after Stripe and Advent International abandoned a $50 billion acquisition deal, removing a key growth catalyst. Despite strong Q2 earnings, the failed buyout erased the premium that had boosted PayPal's price by over 40% th...
MicroStrategy's stock has rallied alongside Bitcoin's price holding above $80,000, supported by strong crypto demand and inflows into Bitcoin ETFs. However, investor Peter Schiff remains bearish, warning that MicroStrategy's reliance on Bitcoin and p...
