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Finance News — Page 173

Dell Shares Jump 32% as AI Server Revenue Explodes

Dell Shares Jump 32% as AI Server Revenue Explodes

Dell Technologies posted a record‑breaking 32% stock surge after reporting an 88% jump in quarterly revenue and a 757% explosion in AI‑server sales, a performance that stunned analysts. The rally was

CNBC · 2mo ago
Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion

Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion

U.S. spot Bitcoin ETFs have endured a record nine‑day streak of net outflows, with investors withdrawing about $2.8 billion as Bitcoin slipped from $80k to $73k. The sell‑off coincides with the crypto

CoinDesk · 2mo ago
Bitcoin Falls to April Low as S&P 500 Hits Record

Bitcoin Falls to April Low as S&P 500 Hits Record

Bitcoin fell to its lowest price since early April, missing a breakout above $83,000 and extending a lower‑highs trend that has haunted the crypto market since October. Meanwhile, S&P 500 and Nasdaq 1

CoinDesk · 2mo ago
Dow Futures Rise as Major Indexes Hit Record Highs

Dow Futures Rise as Major Indexes Hit Record Highs

Dow futures climbed on the final trading day of May, while the U.S. market posted fresh record highs across its major indexes, including the S&P 500. Oil prices slipped on optimism about a new peace d

Google News Business · 2mo ago
Fed Chair Warsh to Ease Mortgage Capital Rules

Fed Chair Warsh to Ease Mortgage Capital Rules

Kevin Warsh’s inauguration as Federal Reserve chair marks a decisive turn toward loosening banking oversight, echoing President Trump’s broader push for deregulation even as the administration wrestle

Globe and Mail Business · 2mo ago
Quantum Threat to Bitcoin Now a Retirement Savings Problem

Quantum Threat to Bitcoin Now a Retirement Savings Problem

Two new papers warn that quantum computers may soon break the encryption securing bitcoin, and researchers say ordinary retirement savers are already exposed through index funds that hold Strategy, th

New Scientist · 2mo ago
Gap, American Eagle Stocks Crushed—But Not by the Economy

Gap, American Eagle Stocks Crushed—But Not by the Economy

Gap and American Eagle shares plunged double digits after earnings, but both retailers' executives pointed to fashion missteps and a cold spring rather than a weakening consumer, with Gap cutting its

MarketWatch · 2mo ago
Kospi and Topix Hit Record Highs as Iran Tensions Fade

Kospi and Topix Hit Record Highs as Iran Tensions Fade

Asian equity markets surged to fresh peaks on Friday, with South Korea’s Kospi soaring over 3% and Japan’s Topix breaking its all‑time high, even as Iran ramped up missile activity near the Strait of

CNBC · 2mo ago
ECB Faces Hike Dilemma as Markets Expect June Hike

ECB Faces Hike Dilemma as Markets Expect June Hike

The ECB is walking a tightrope between curbing inflation and avoiding a recession in a sluggish euro‑zone. Markets already price in a June 25‑bp hike and a possible September hike, while about a quart

CNBC · 2mo ago
Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears

Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears

Bitcoin and other leading cryptocurrencies slipped about 6% last week, even as global equities hit record highs and oil prices fell after a tentative US‑Iran ceasefire extension. With the deal still a

CoinDesk · 2mo ago
Bitcoin under $74K as $9B options expiry favors bears

Bitcoin under $74K as $9B options expiry favors bears

After a brief rally that lifted Bitcoin to $76,000 amid Iran‑related news and a Trump‑brokered ceasefire, the cryptocurrency is now trapped below $74,000 as bearish options traders dominate the $9 bil

Cointelegraph · 2mo ago
Futures: Dell Surges, Leads Earnings Movers - Investor's Business Daily

Futures: Dell Surges, Leads Earnings Movers - Investor's Business Daily

Futures trading shows Dell’s shares jumping the most, pulling the tech sector ahead as the S&P 500 and Nasdaq climb to fresh record levels. The rally is fueled by optimism over a prospective U.S.–Iran

Google News Business · 2mo ago
Buy $72K dip, or jump ship: What will Bitcoin bulls do?

Buy $72K dip, or jump ship: What will Bitcoin bulls do?

Bitcoin slipped below $70,000, erasing 16% of its recent gains as spot‑ETF outflows, renewed US‑Iran tensions, inflation worries, and uncertainty over the CLARITY Act weighed on sentiment. Yet Hyblock

Cointelegraph · 2mo ago
Gemini launches Grok-powered AI prediction feeds

Gemini launches Grok-powered AI prediction feeds

Gemini is bolstering its crypto platform by integrating SpaceXAI’s Grok AI to power personalized prediction‑market feeds, a move echoed by The Block’s coverage. The integration follows Gemini’s Q1 ear

Cointelegraph · 2mo ago
Okta Beats Estimates, Shares Rise on AI‑Agent

Okta Beats Estimates, Shares Rise on AI‑Agent

Okta posted Q1 FY2027 revenue of $765 million (up 11% YoY) and adjusted earnings of $0.91 per share, both topping analyst forecasts. The results sparked a share price rise and the company highlighted

MarketWatch · 2mo ago
Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

A 45% flash crash on Hyperliquid’s synthetic SpaceX perpetual contract erased $1.5 million across 405 retail investors in just half an hour. The thin, leveraged market—built on a private‑company valua

CoinDesk · 2mo ago
Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading Bets

Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading Bets

Google’s recent AI rollout has drawn attention, but a new scandal puts the company under legal scrutiny: software engineer Spagnuolo is accused of exploiting confidential search data to wager $2.75 mi

Decrypt · 2mo ago
Bank of Canada Warns Geopolitical, Trade, AI Risks

Bank of Canada Warns Geopolitical, Trade, AI Risks

Amid tight U.S. energy supplies and an expanding NFL global schedule, the Bank of Canada warns that geopolitical tensions, shifting U.S. trade policy, and AI‑driven cyber threats could test the resili

Globe and Mail Business · 2mo ago
Mizuho Raises Micron, Sandisk Targets on AI Memory

Mizuho Raises Micron, Sandisk Targets on AI Memory

Analysts at Mizuho lifted price targets for Micron and Sandisk as the surge in agentic AI workloads fuels a rally in memory‑chip stocks. Across outlets, the WSJ likens the sector’s profitability to oi

Google News Business · 2mo ago
RBC tops profit expectations on capital markets boost and lower provisions for sour loans

RBC tops profit expectations on capital markets boost and lower provisions for sour loans

Royal Bank of Canada smashed Q2 expectations, posting a 25% profit jump to $5.5 billion and adjusted earnings of $3.90 per share, driven by a 23% surge in capital‑markets revenue. The bank also trimme

Globe and Mail Business · 2mo ago

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