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World shares mostly gain and oil prices slip as the US raises pressure on Iran
Associated Press11d agoneutral
World shares mostly gain and oil prices slip as the US raises pressure on Iran

Oil prices fell back after U.S. Treasury Secretary Scott Bessent announced fresh sanctions against Iran and warned that countries persisting in doing business with the Islamic Republic would face retaliation. High yields make it more expensive for everyone to borrow, not just the government, and already have pushed up mortgage rates and hurt the housing industry.

Nvidia shares set for $280 billion price swing after earnings, options show
Reuters11d agoneutral
Nvidia shares set for $280 billion price swing after earnings, options show

Options traders are pricing in a $280 billion swing in Nvidia's market value after the company reports second-quarter earnings on Wednesday afternoon, as investors seek fresh insight into the demand driving the technology sector. The ‌chipmaker's options are pricing in a 5.4% move in either direction on Thursday, a day after the company reports results, ‌which is below the 6.5% move implied ahead of its May earnings report. The implied move translates to about $280 billion in market capitalization — more than the individual market value of ​about 90% of S&P 500 constituents.

Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
Benzinga11d agoneutral
Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased

President Donald Trump bought up to $50,000 in Space Exploration Technologies Corp (NASDAQ:SPCX) shares shortly after the Elon Musk-led company’s record IPO. Trump Bought SpaceX Shares After Record IPO Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed Aug. 12 and released Saturday. The transaction was among more than 1,000 stock trades made by Trump in June. It also included sizable investments in Berkshire Hathaway (NYSE:BR

Oura and Dunkin’ Get Ready to Join IPO Bonanza
The Wall Street Journal11d agoneutral
Oura and Dunkin’ Get Ready to Join IPO Bonanza

This year, a parade of initial public offerings expected after Labor Day is making a lot of noise. The U.S. IPO market is already on track for a record year after SpaceX raised $86 billion in its June offering. Smart-ring maker Oura—whose fitness-tracking devices are favorites of the finance set—is now weighing a September or October offering after having filed its paperwork in May, people familiar with the matter said.