Finance

Get the latest finance news covering banking, investing, capital markets, corporate finance, asset management, and global economic developments. Follow market trends, financial institutions, investment strategies, and key events shaping the world of business and finance.

Featured only

Former OpenAI researcher’s hedge fund Situational Awareness plunges more than 70% after $20 billion forced stock sale

A 24-year-old former OpenAI researcher founded the hedge fund Situational Awareness in 2024 with $100 million in initial fundraising. The fund rapidly expanded to roughly $30 billion before an urgent sale of about $20 billion in stocks over less than 30 hours cut it to around $8 billion, a single drawdown of more than 70%. The episode centers on a liquidity crunch at a newly launched AI-themed hedge fund and does not involve public-company earnings, regulatory actions, or macro policy shifts, with no direct price transmission to traditional financial assets.

Why Is Coherent Corp. (COHR) Stock Price Up 5.55% Today, July 31? Optics Risk-On Rebound Lifts AI Exposure

Coherent Corp. (COHR) rose 5.55% to $262.89 on July 31, 2026 as a risk-on rebound lifted AI optics peers alongside the broader technology market. Read the daily analysis of Coherent's AI-optics demand outlook, momentum risk and key technical levels.

AXT, Inc. (AXTI) Q2 2026 Earnings News: $13.51M Revenue Beat and Strong Q3 Guidance Drive a 28.74% Rally

AXT reported Q2 2026 revenue of $47.6 million, GAAP diluted EPS of $0.17 and non-GAAP EPS of $0.19 as indium phosphide demand accelerated. This analysis covers the consensus comparison, product disclosures, Q3 outlook, the 28.74% post-earnings move and verified technical levels.

Strategy (MSTR) Q2 2026 Earnings News: $8.32B Bitcoin Fair-Value Loss Triggers a 4.56% Selloff

Strategy reported Q2 2026 revenue of $122.4 million, up 6.9% year over year, alongside an $8.22 billion GAAP net loss driven mainly by an $8.32 billion digital-asset fair-value loss. This report reviews the capital framework, Bitcoin holdings, post-earnings price action and verified technical levels.

Reddit (RDDT) Q2 2026 Earnings Overview: Search Traffic Concerns Wipe Out a Strong Beat and Trigger a 20.99% Selloff

Reddit reported Q2 2026 revenue of $805 million, up 61% year over year, and diluted GAAP EPS of $1.25, above LSEG estimates. This analysis examines the user-traffic concern behind the post-earnings selloff, geographic performance, Q3 guidance and the technical levels framing August.

Coinbase (COIN) Q2 2026 Earnings Overview: $1.22B Revenue Miss Triggers a 10.59% Selloff

Coinbase reported Q2 2026 revenue of $1.22 billion and a GAAP loss of $1.36 per diluted share, missing LSEG expectations as trading activity weakened. This article reviews the results, revenue mix, Q3 outlook, the 10.59% post-earnings selloff and the technical levels that could shape the next move.

Mastercard (MA) Q2 2026 Earnings Overview: $5.04 EPS Beat and 12% Cross-Border Growth Lift Shares 2.49%

Mastercard reported Q2 2026 net revenue of $9.277 billion, up 14% year over year, and adjusted diluted EPS of $5.04 as cross-border volume and value-added services grew. This analysis reviews the revenue and EPS beat, operating drivers, the 2.49% post-earnings reaction and verified technical levels for August.

ASE Technology (ASX) Q2 2026 Earnings Overview: $6.05B Revenue and Higher Capex Drive an 11.73% Rally

ASE Technology reported Q2 2026 revenue of NT$191.064 billion, up 26.7% year over year, and diluted EPS of NT$4.61 under Taiwan-IFRS. This report examines ATM and EMS performance, increased capital spending, ASX's 11.73% ADR reaction and the technical levels that frame the next move.

Amazon (AMZN) Q2 2026 Earnings Overview: 37% AWS Growth Drives a 15.32% Rally

Amazon Q2 2026 revenue reached $200.6 billion and AWS sales rose 37%, while provider-adjusted EPS beat estimates. This report examines the cloud-led catalyst, segment performance, forward guidance, cash-flow trade-off, AMZN's 15.32% reaction session and verified August technical levels.

Apple (AAPL) Q3 2026 Earnings Overview: Softer 9% to 11% Growth Outlook Triggers a 7.35% Selloff

Apple reported fiscal Q3 2026 revenue of $109.42 billion and GAAP diluted EPS of $2.02, while a provider-adjusted EPS measure of $1.91 beat LSEG consensus. This analysis covers product and geographic performance, the softer outlook, AAPL’s 7.35% reaction-session decline and verified technical levels.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.