SpaceX short sellers gain $3.8 billion in mark-to-market gains SpaceX shares have fallen below their IPO price after four straight days of declines. The decline has resulted in short sellers amassing an estimated $3.8 billion in mark-to-market gains. Short intere
Regional equities decline led by semiconductor losses amid valuation concerns and geopolitical risks driving crude higher. Asian stocks traded lower Thursday, pressured by a sell-off in tech shares and rising Middle East tensions. Japan’s Nikkei 225 dropped 2.55% to 67,000
The BoK raised rates by 25 basis points, aligning with forecasts, ending a rate-hike hiatus since January 2023. The Bank of Korea increased its base rate by 25 basis points to 2.75% at its July 2026 meeting. The decision, widely anticipated by markets, marks the first rate
Brookfield-backed data center operator Csquare prices 50 million shares in its debut, targeting $1.05 billion proceeds. Csquare, a data center platform backed by Brookfield Asset Management, priced its initial public offering at $21 per share. The company will issue 50 mil
Nikkei and Kospi slide sharply on chip stock selloff The synchronized selloff across Tokyo and Seoul was driven by supply-demand dynamics, including elevated margin buying and leveraged ETF flows. The Nikkei fell around 3%, with the broader Topix also lower, as chi
Regulators will impose curbs on leveraged ETFs linked to Samsung Electronics and SK hynix to reduce volatility amid recent sell-offs. South Korea’s Financial Services Commission will introduce new restrictions on single-stock leveraged ETFs following repeated sell-offs in
Nikkei and Kospi fall ahead of rate hike Japan's Nikkei index dropped 3% and South Korea's Kospi plummeted 6%. The Kospi experienced a trading halt due to the sharp decline. A widely expected Bank of Korea rate hike is still to come.
Traders warn of a potential crude shortage after U.S.-Iran ceasefire collapse, with inventories too low to offset disruptions. Global oil stockpiles are nearing depletion as the U.S.-Iran ceasefire unravels, raising fears of a fresh supply crunch. Traders warn that invento
J.B. Hunt outlines 1,000 to 1,200 new gross truck sales target as intermodal posts 578,000-load record Earnings Call Insights: J.B Hunt Transport Services (JBHT) Q2 2026 Management View Shelley Simpson (President, CEO & Director) said the company stayed focused on â
First Horizon expects 10% RWA reduction First Horizon Corporation expects a standardized RWA reduction of around 10% while managing CET1 around 10.5%. The company reported adjusted earnings per share up $0.09 or 20% for Q2 2026. Period-end loan balances grew by a
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