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Michael Burry places bearish bet against Micron, reports say
Reports say Michael Burry, the 'Big Short' investor, has placed a bearish bet against Micron Technology, signaling skepticism about the AI-driven memory chip rally.
Crypto bulls gain ground as US rate-hike fears fade
Bitcoin and ether rallied this week as weak US jobs data lowered expectations for a Federal Reserve rate hike, improving risk sentiment for crypto assets.
Defendant Moves to Dismiss NY Lawsuit Over 39,069 Bitcoin Wallets
A defendant in a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets worth $229 billion has filed a motion to dismiss the case.
CVC Plans €1.2B High-Yield Bonds for Irca Buyout
CVC Capital Partners plans to issue €1.2 billion in high-yield bonds to finance its acquisition of Italian food-ingredients maker Irca SpA, adding supply to the European leveraged finance market.
Big brewers target billion-dollar nonalcoholic beer opportunity
Major brewers are investing heavily in nonalcoholic beer as American drinking habits shift toward moderation, opening a billion-dollar market segment.
Memory and semiconductor stocks lose momentum, bitcoin rebounds as investor focus shifts
Memory and semiconductor stocks, which have outperformed this year on AI demand, are losing momentum while bitcoin rebounds from near two-year lows, signaling a potential shift in investor focus.
UK Gilts: Investors Favor Burnham but Shun Long-End Debt
UK bond investors are warming to Labour leader Andy Burnham's fiscal discipline promises, but long-dated gilts remain unloved as the market prices in elevated term premium and supply concerns.
ECB in Good Position After June Rate Hike, Oil Drop Eases Pressure
ECB Governing Council member Emmanuel Moulin said the bank is in a good position after its June rate hike, as falling oil prices ease euro-zone inflation pressures.
USD/JPY consolidates at key support after suspected stealth intervention
USD/JPY is consolidating near a key support level after a suspected stealth intervention by Japanese authorities pushed the pair lower, while the dollar remains under pressure from a dovish repricing of Fed rate expectations following the US jobs report.
India central bank pushes to isolate banks from crypto: Report
India's central bank reportedly urged lawmakers to limit bank exposure to crypto and private stablecoins, while supporting regulated tokenization, as digital asset policy recommendations are prepared.
Irish authorities seize 500 Bitcoin, 2026 total hits 1,500 BTC
Irish authorities have seized another 500 Bitcoin from criminal proceeds, bringing the Criminal Assets Bureau's total BTC seizures to approximately $92 million in 2026.
Yuanta Securities Seeks $1.3 Billion in Syndicated Loans
Taiwan's largest brokerage, Yuanta Securities, is raising up to NT$42 billion ($1.3 billion) via two syndicated loans to meet surging demand amid a stock market boom.
UK Services PMI Falls to 48.8 in June, Deepening Contraction
The UK services PMI fell to 48.8 in June, below the preliminary estimate, signaling a deepening contraction and adding pressure on the Bank of England to consider rate cuts.
Aldi Opens Times Square Store, Aims to Lower Food Costs
Aldi opened its first Midtown Manhattan store near Times Square, leveraging logistical innovations to offer low prices, including wagyu ground beef, in a high-cost urban area.
Eurozone services contraction eases in June as cost pressures cool
Eurozone services activity contracted at a slower pace in June, with both services and composite PMIs hitting three-month highs, signaling stabilization after two months of output decline.
French services PMI shows slower downturn in June, easing stagflation fears
France's services PMI for June came in below initial estimates but showed a slower pace of contraction, with output and new orders declining at the weakest pace since March.
Italy June Services PMI Misses Forecast at 50.2
Italy's services PMI for June came in at 50.2, slightly below the expected 50.5, indicating marginal expansion with easing cost pressures.
Japan Wage Talks Deliver Third Year of 5%+ Gains, BOJ Rate Path Intact
Japan's annual wage talks concluded with average pay gains exceeding 5% for a third consecutive year, reinforcing the Bank of Japan's resolve to continue raising interest rates.
Spain June Services PMI Beats Forecasts at 54.2
Spain's June services PMI surged to 54.2 from 50.9 expected, signaling robust expansion and easing price pressures that support the ECB's cautious stance.
More Bitcoin Now Held at a Loss Than at a Profit for First Time This Cycle
For the first time in the current cycle, more Bitcoin is held at a loss than at a profit, signaling potential capitulation and a shift from weak to strong hands.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.