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South Korea stocks fall over 5% as tech heavyweights follow plunge in Wall Street's AI-linked names
South Korean equities plunged on Friday, with the benchmark Kospi falling 5.5% to 8,160.59 as AI‑linked chip stocks tumbled worldwide. Samsung Electronics and SK Hynix led the decline, and the labor m
RBI Holds Rate at 5.25%, Raises Inflation to 5.1%
India’s central bank left its policy rate unchanged at 5.25% but lifted its inflation outlook to 5.1% and trimmed its growth forecast to 6.6% amid soaring global energy prices and a weakening rupee. G
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
Keel Infrastructure’s shares slipped 8% pre‑market after the company priced an upsized $400 million convertible senior note offering. The 1.25% notes, maturing in 2032, carry a $7.41 conversion price—
The Block Publishes Complete XRP ETF Guide
The Block released a comprehensive guide on XRP exchange‑traded funds, detailing their mechanics, types, benefits, risks, market impact, and investor considerations, while featuring live crypto price
The Block Publishes XRP ETF Guide
The Block releases a comprehensive guide on XRP exchange‑traded funds, detailing their mechanics, benefits, risks, and market impact for investors seeking crypto exposure. The guide also compares XRP
Stocks Fall >5% as AI Selloff Hits Samsung, SK Hynix
South Korean equities plunged over 5% as AI‑related stocks tumbled, mirroring a Wall Street selloff in AI‑linked names. The decline was driven by a Broadcom‑linked AI selloff that hit major chipmakers
Jim Cramer says rally shows huge investor appetite
Jim Cramer said Thursday’s market rally proves investors remain eager and resilient, even after earnings setbacks and private‑credit worries. He cited a record‑high Dow, a flat Quantinuum IPO, and ris
Dow Hits Record as Oil Drops and Broadcom Drags Nasdaq
The Dow surged 1.7% to a record close of 51,561.93 as oil prices tumbled and traders tracked conflicting Middle East developments, while a disappointing Broadcom forecast dragged AI-exposed tech stock
Honeywell’s quantum company goes public. What investors should know about the IPO
Quantinuum, the Honeywell‑backed quantum computing firm, went public on Nasdaq (ticker QNT) at $60 per share, raising $1.68 billion and achieving a market valuation of $15.66 billion. Shares surged as
Rep. Steil to ban lawmakers from prediction markets
Republican Rep. Bryan Steil, chair of the House Administration Committee, said he will add language to the H.R. 7008 congressional stock ban bill to extend its prohibitions to prediction‑market platfo
Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates
Bitcoin dropped 13% this week, marking its steepest decline since February as investors shifted out of the asset. Net outflows from Bitcoin ETFs persisted for 13 days, and a surprise sale of 32 BTC by
Broadcom AI Trade Dragging Tech Futures, Dow Gains
Tech futures fell as investors await the upcoming jobs report, after Broadcom’s AI trade turbulence dragged Asian tech stocks and Wall Street names lower. In the United States, the Nasdaq, S&P 500 and
Quantinuum closes flat in Nasdaq debut, after upsized offering
Quantinuum debuted on Nasdaq with a modest price change, ending with a $15.7 billion market value. The company raised $1.68 billion in an upsized IPO at $60 per share, and secured a $100 million equit
CoinShares says pros dump 52K BTC in Bitcoin ETFs
Professional investors sold roughly 52,000 Bitcoin worth of Bitcoin ETFs in the first quarter, shrinking the share of holdings held by managers. CoinShares highlighted regulatory moves—including an SE
Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap
Bitcoin slipped below $64,000, extending a 13.5% weekly decline and putting the $60,000 support level at risk. Analysts say the market is replaying the 2022 bear‑market pattern, with sellers dominatin
Boston Fed: Iran Oil Shock Hits Inflation, Spares Jobs
The Boston Fed says the Iran war's 33% oil price shock will lift inflation but leave national employment largely unscathed — a stark departure from 1970s-style stagflation, though oil-producing states
Microsoft Highlights Windows AI with Nvidia RTX Spark
At its Build conference, Microsoft CEO Satya Nadella placed Windows at the center of the event, unveiling the Surface RTX Spark Dev Kit. The announcement coincided with Nvidia’s launch of RTX Spark ch
Broadcom AI guidance miss triggers 7% Micron fall
Broadcom's weaker‑than‑expected AI chip sales forecast sent its shares tumbling and sparked a sector‑wide sell‑off that pulled Micron down about 7% despite its strong earnings and long‑term HBM order
Stocks Create 2 Million New Millionaires Globally
Stocks surged, creating 2 million new millionaires worldwide last year (CNBC). AI‑focused stock rallies produced U.S. millionaires at the fastest rate in four years (Yahoo Finance), while AI enthusias
Coinbase launches pre-IPO perpetual futures on SpaceX
Coinbase opened a pre‑IPO perpetual futures market, kicking off with a contract tied to Elon Musk’s SpaceX. The launch joins similar moves by Kraken’s parent Payward, Binance, and Bitget, as the token
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