Midday movers: Coinbase, Yext fall; Apple, GM rise

Yahoo Finance AU
Nvidia suffers biggest loss in world history after $646 billion bloodbath: 'This is a concern'
After reaching incredible heights, concern is brewing for the AI and microchip company.
Yahoo Finance AU
Young Aussie bucks cashless trend and reveals insane results: 'Gone through the roof'
Matt Hey can't believe the impact using cash has had on his bank account.
Yahoo Finance AU
$700 cost-of-living credit coming for millions from next week
Millions of Aussies will be receiving an electricity bill rebate from next week. Here’s how to claim it.
Bloomberg
A $100 Billion Bet on China’s Economy Sours as Warehouses Empty
(Bloomberg) -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportRivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Free Man,’
SmartAsset
I Want to Retire at 60. Will $300,000 in Savings Be Enough?
The short answer to this question is, “Yes, provided you are prepared to accept a modest standard of living.” To get an an idea of what a 60-year-old individual with a $300,000 nest egg faces, our list of factors to check includes … Continue reading → The post Can I Retire at 60 With $300,000? appeared first on SmartAsset Blog.
Sky News
Your rights when a new car keeps breaking down
It has been back to Land Rover dealership six times for the same issue that has still not been resolved and the car is unusable as this issue is the hybrid system does not want to engage. After that, the onus is on the retailer - in this case the dealership, with whom Adam has a contract (not Jaguar Land Rover itself) - to prove the goods were not faulty when sold, and this onus lasts up to six months.
Insider Monkey
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
NewsWire
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
Bloomberg
India’s New Finance Hub in Gujarat Eyes Real-Time Dollar Settlement by 2025
(Bloomberg) -- Real-time dollar settlement in India’s newest financial hub in Gujarat is likely to become operational later this year or by early 2025, according to a senior official, a step that could burnish the country’s appeal to foreign investors. Most Read from BloombergNvidia Rout Takes Breather as Traders Scour Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Mar
GOBankingRates
I’m a Passive Income Enthusiast: 6 Methods That Are Making Me Rich
Every wise finance article on the internet will share one common piece of advice: Don't put all your eggs in one basket when it comes to investing. Diversifying, according to experts, is one of...
Bloomberg
Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up
(Bloomberg) -- Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assang
The Conversation
What are family trusts?
The use of family trusts in Australia is more widespread than many realise. How do they work, and why are they controversial?
GOBankingRates
I’m a Self-Made Millionaire: Here’s the Biggest Money Mistake I’ve Survived
Reaching significant wealth is the kind of thing we all dream of -- especially when we're able to achieve it on our own. Read Next: I'm a Frugal Self-Made Millionaire: 6 Things I Never Waste Money On...
Fortune
Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin
The stock market has been losing confidence in the crypto exchange, as investors have sold $1.3 billion in spot Bitcoin ETF shares over the past two weeks.
Bloomberg
Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings
(Bloomberg) -- The yen remained under pressure even after Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assange to Plead Guilty, En
CNN Business
Fed officials are talking down the chance of rate cut this year
At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that projection to just one cut.
StockStory
Nvidia (NVDA) Shares Skyrocket, What You Need To Know
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 6.4% in the afternoon session after the stock rebounded after shedding more than $400b in market cap since the previous week. We'd note that there were no specific fundamental reasons driving today's move, just as there were no major ones driving the decline in the stock in the last week or so. The last major fundamental datapoint we have on the company was May 22, 2024, when Nvidia reported Q1'2024 earnings that were quite
Yahoo Finance Video
Bitcoin on track for third worst week of 2024. Here's why.
Bitcoin (BTC-USD) is headed for its third worst week of the year as the crypto market is under pressure. Marathon Digital Holdings (MARA) CEO Fred Thiel joins Catalysts to discuss bitcoin's movement and how Marathon Digital Holdings handles the cryptocurrency's volatility. Thiel points to several issues facing bitcoin that are causing an increased supply in the market. First, Germany's criminal bureau is selling about 50,000 BTC. Japanese bitcoin exchange Mt. Gox is set to distribute a large volume of bitcoin in July as part of its bankruptcy. In addition, miners are selling large amounts of bitcoin to continue to fund and expand their operations. Thiel states that "bitcoin is historically very volatile," adding that Marathon Digital Holdings has a "very strong balance sheet" to deal with the cryptocurrency's swings. He explains that Marathon is focused on diversifying the business, starting a technology division to focus on areas getting a boost from bitcoin mining and the AI race, such as liquid cooling. He adds that the business is also focused on energy harvesting, leveraging bitcoin mining to generate new revenue streams. Thiel points to Marathon's recent initiative in Finland to heat 11,000 homes with the heat from its data center. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Simply Wall St.
An Intrinsic Calculation For nLIGHT, Inc. (NASDAQ:LASR) Suggests It's 34% Undervalued
Key Insights The projected fair value for nLIGHT is US$17.20 based on 2 Stage Free Cash Flow to Equity Current share...
Yahoo Finance
Stock market today: Dow jumps while Nvidia slides 6%, drags on Nasdaq
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.

ALL ORDS

AUD/USD

ASX 200

OIL

GOLD

Bitcoin AUD

CMC Crypto 200

Midday movers: Coinbase, Yext fall; Apple, GM rise

Latest stories

Nvidia suffers biggest loss in world history after $646 billion bloodbath: 'This is a concern'

Young Aussie bucks cashless trend and reveals insane results: 'Gone through the roof'

$700 cost-of-living credit coming for millions from next week

A $100 Billion Bet on China’s Economy Sours as Warehouses Empty

I Want to Retire at 60. Will $300,000 in Savings Be Enough?

Your rights when a new car keeps breaking down

The Wealthiest Person in Singapore

Aussie shares leap higher in rebound rally

India’s New Finance Hub in Gujarat Eyes Real-Time Dollar Settlement by 2025

I’m a Passive Income Enthusiast: 6 Methods That Are Making Me Rich

Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up

What are family trusts?

I’m a Self-Made Millionaire: Here’s the Biggest Money Mistake I’ve Survived

Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin

Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings

Fed officials are talking down the chance of rate cut this year

Nvidia (NVDA) Shares Skyrocket, What You Need To Know

Bitcoin on track for third worst week of 2024. Here's why.

An Intrinsic Calculation For nLIGHT, Inc. (NASDAQ:LASR) Suggests It's 34% Undervalued

Stock market today: Dow jumps while Nvidia slides 6%, drags on Nasdaq