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Ex-trader Tom Hayes wins appeal to overturn rate-rigging conviction at UK top court
LONDON, July 23 (Reuters) - Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain's top court on Wednesday after a years-long fight to clear his name.The UK Supreme Court unanimously allowed Hayes' appeal, overturning his 2015 conviction ...Reuters
Wed, Jul 23
Stocks
2 Hot AI Stocks You Should Consider Selling Right Now
Key PointsAI stocks are soaring, and some are now clearly overvalued. Palantir has a record price-to-sales ratio and is going to struggle to grow into its market cap. BigBear.ai is growing slowly and is deeply unprofitable. 10 stocks we like better than Palantir Technologies › It seems like anything...The Motley Fool
Wed, Jul 23
Stocks
XRP Investors Have Waited 7 Years for This Moment. Here's What Might Happen Next
Key PointsRipple created the XRP cryptocurrency to standardize transactions in its global payments network. On July 18, XRP hit a new, all-time high. XRP is benefiting from lighter regulation under President Donald Trump's administration, but its recent upside might not be sustainable. 10 stocks we ...The Motley Fool
Wed, Jul 23
Stocks
3 Ultrahigh-Yield Dividend Stocks You Can Buy Right Now With No Hesitation
Key PointsEnbridge's cash flows are steady and predictable.Enterprise Products Partners has a history of resilience and great distributions.Prudential Financial offers a juicy dividend and attractive valuation.10 stocks we like better than Enbridge › The conventional wisdom is that ultrahigh-yield d...The Motley Fool
Wed, Jul 23
Stocks
2 Billion More Reasons for Income Investors to Buy 6.4%-Yielding Verizon Stock
Key PointsVerizon increased its full-year free-cash-flow guidance significantly, which makes its dividend more secure.There's more to like about the stock than just the dividend.Verizon's management team continues to do the things income investors should appreciate.10 stocks we like better than Veri...The Motley Fool
Wed, Jul 23
Forex
FOREX-Yen wobbles as traders process trade deal and political uncertainty
Japan to invest $550 billion in U.S., tariffs reduced to 15%Uncertainty over tariffs keeping forex market on edgeJapanese PM Shigeru Ishiba denies reports he would quit By Rocky Swift and Alun John TOKYO/LONDON, July 23 (Reuters) - Market focus was on the yen on Wednesday, which traded choppily a...Reuters
Wed, Jul 23
Commodities
Equinor sees risk of tighter European gas market in autumn, winter
OSLO, July 23 (Reuters) - The lower filling levels so far this year of European gas storages could lead to a tighter market for natural gas during the upcoming autumn or winter, Equinor EQNR.OL CEO Anders Opedal told Reuters on Wednesday.Reuters
Wed, Jul 23
Stocks
Prediction: 1 Growth Stock That Will Be Worth More Than Newsmax 1 Year From Now
Key PointsNewsmax’s stock has cooled off since its post-IPO spike.It faces significant legal challenges, and its stock still isn’t a bargain.Another speculative play, Serve Robotics, might have a much brighter future.10 stocks we like better than Newsmax › Newsmax (NYSE: NMAX), the conservative medi...The Motley Fool
Wed, Jul 23
Forex
EU court cuts Credit Suisse fine for foreign exchange cartel
BRUSSELS, July 23 (Reuters) - The European Union's General Court substantially reduced a fine imposed on Credit Suisse to 28.9 million euros ($33.92 million) from 83.2 million euros on Wednesday, over its participation in a foreign exchange trading cartel.The court ruled that Credit Suisse had p...Reuters
Wed, Jul 23
Stocks
UBS cautious on India's Zee Entertainment, flags shifting ad spends; shares slip
** UBS says 16.8% lower Q1 ad revenues for Zee Entertainment ZEE.NS, despite steady or growing ad spends by FMCG companies, shows a structural shift of advertisers to digital platforms** ZEE shares last down 3.8% to 128.7 rupees** UBS is cautious on the broadcaster, retaining a "neutral" rat...Reuters
Wed, Jul 23
Stocks
Snowflake Stock Is on Fire. But Can the Momentum Last?
Key PointsManagement is investing aggressively in key growth opportunities.Investors love Snowflake's emphasis on AI.The stock's valuation is questionable.10 stocks we like better than Snowflake › With artificial intelligence (AI) seeming to be one of the major investing themes of 2025, it's no surp...The Motley Fool
Wed, Jul 23
Stocks
2 Vanguard ETFs That Can Turn $400 per Month Into Over $1.7 Million
Key PointsThe Vanguard S&P 500 ETF provides investors with exposure to the world's largest companies across every major industry sector.The Vanguard Dividend Appreciation ETF complements growth-oriented investments with a mix of value stocks and reliable dividend income.Both of these funds offer ine...The Motley Fool
Wed, Jul 23
Other
Japan's PM Ishiba denies he has decided to quit
By Tim Kelly, Satoshi Sugiyama and Leika KiharaTOKYO, July 23 (Reuters) - Japanese Prime Minister Shigeru Ishiba denied on Wednesday he had decided to quit after a source and media reports said he planned to announce his resignation to take responsibility for a bruising upper house election defeat.A...Reuters
Wed, Jul 23
Stocks
India's Sapphire Foods falls on reporting Q1 loss
** Sapphire Foods SAPI.NS, which operates KFC and Pizza Hut restaurants in India, falls as much as 4.5% to 320.25 rupees** Yum Brands YUM.N franchisee reports Q1 loss of 18 mln rupees ($208,345.39) vs year-ago profit of 85.2 mln rupees on higher costs, stiff competition** Q1 expenses rise 10.4% y/y ...Reuters
Wed, Jul 23
Commodities
Blaming Trump, Equinor books a $955 million US offshore wind writedown
Empire Wind 1, South Brooklyn Marine Terminal face $763 million impairmentRegulatory changes impact future US offshore wind projectsTariff raises project's steel cost by £300 millionEquinor halts Empire Wind 2 development plansBy Gwladys Fouche and Nerijus Adomaitis OSLO, July 23 (Reuters) - ...Reuters
Wed, Jul 23
Cryptocurrencies
JPMorgan to Accept Bitcoin as Loan Collateral in 2026: Dimon's Stunning Reversal on Crypto
TradingKey - According to the Financial Times, JPMorgan Chase (JPM), one of the largest U.S. banks, is exploring a significant business innovation: offering crypto-backed loans to clients holding cryptocurrencies — primarily Bitcoin and Ethereum — as early as 2026.TradingKey
Wed, Jul 23
