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Dow futures jump 300 points on US‑Iran deal hopes
Wall Street surged as Dow futures leapt roughly 300 points on renewed hopes of a U.S.-Iran agreement, with AI optimism dwarfing Middle‑East risk. The rally lifted the S&P 500 and Nasdaq toward record
ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
ECB policymakers, led by Bank of France governor Francois Villeroy de Galhau, warned they will act decisively to bring inflation back to 2% as Middle‑East energy shocks lift eurozone prices. The centr
Investors ‘afraid’ to take position on oil, data chiefs say as tankers face potential Hormuz fees
As Iran and Oman consider a joint Hormuz transit fee, investors are jittery and oil prices are reacting—Brent rose 2.5% to $98.47, while U.S. strikes and a retaliatory vow from Iran’s Revolutionary Gu
US Spot Bitcoin ETFs lose $1.26B amid risk‑off outflows
Crypto exchange‑traded products lost $1.47 billion of net outflows last week, with U.S. spot Bitcoin ETFs accounting for $1.26 billion of the loss. The sell‑off comes as Bitcoin hovers near $76k amid
Bitcoin risks another lower high as stocks rally, AI tokens outperform
While the S&P 500 rides record highs, Bitcoin, now near $76,000, has slipped 7% and is carving a potential lower high, and Ether has dropped over 10% to around $2,098. In contrast, AI‑linked tokens ar
Exclusive | Lilly Agrees to Buys Trio of Vaccine Developers - WSJ
Eli Lilly is expanding its infectious‑disease portfolio by agreeing to acquire three vaccine developers in a deal valued at nearly $4 billion. The news lifted the company’s shares, signaling investor
Brent up 3% after US strikes, peace talks uncertain
U.S. defensive strikes in Iran sparked a 3% jump in Brent crude, while Doha negotiations over a cease‑fire remain fragile. Analysts warn that even a tentative deal would only slowly ease the Strait of
US, Japan, UK Bond Yields Hit Record; Mortgage Rates
Global bond markets are flashing red as long‑term yields in the U.S., Japan and the U.K. surge to record highs, signalling the end of an era of cheap government financing.
Nasdaq Spinoff Sues Hiive Over Private-Share Patent
Nasdaq’s private‑market spinoff has sued Vancouver‑based Hiive, accusing it of infringing a patent that standardizes private‑company share clearing. The lawsuit threatens to shut down Hiive’s U.S. ope
Kospi Hits Record High Amid US‑Iran Talks
South Korea’s Kospi surged to a fresh record, climbing 2.55% to 8,047.51 after hitting an intraday high of 8,131.15. The rally was fueled by optimism over U.S.–Iran peace talks, even as oil prices spl
Fairdeal.Market Raises $15M Series A to Expand Kirana
India’s B2B quick‑commerce startup Fairdeal.Market secured $15 million in Series A funding led by Bertelsmann India Investments to accelerate its dark‑store network and modernise procurement for thous
10-Year Treasury Yield Nears 4.7% on Higher‑for‑Longer
After recent SKIMNEWS focus on tight U.S. energy supplies and the NFL’s expanding global schedule, market attention has shifted to Treasury yields. Bloomberg reports the 10‑year Treasury yield edging
Sri Lanka jolts markets with outsized 100-bp rate hike to counter crisis in West Asia
Sri Lanka’s central bank stunned markets on May 26 by hiking its benchmark rate 100 bps to 8.75% as a 40% fuel‑price surge and a weakening rupee, spurred by the Iran‑U.S./Israeli conflict, pushed infl
Ferrari Unveils $640K Electric Luce
Ferrari revealed the Luce, its first fully electric car — a four-door, five-seat EV priced at €550,000 ($640,000) developed with Jony Ive's LoveFrom, as competitors Porsche and Lamborghini scale back
Bitcoin Stalls Near $76,500 as Traders Await Macro Data
Bitcoin is stuck in a narrow $76,500 band as traders hold their breath for the next U.S. inflation readout. Prediction markets give it a decent chance of staying above $74k, while analysts note balanc
Bitcoin volatility falls to 8-month low: Is a BTC breakout imminent?
Bitcoin’s implied volatility has slumped to 36%, the lowest in eight months, as traders grow confident in the $60k support zone. Yet a heavy short‑position cluster between $78k and $83k could trigger
SpaceX IPO Lands as Data Shows Hot IPOs Lag the S&P 500
SpaceX is on track for a blockbuster June IPO at a $1.75 trillion valuation, but a Reuters analysis of the 50 highest-valued IPOs of the past five years shows such debuts have underperformed the S&P 5
Kevin Warsh Sworn In, Investors Drop Rate‑Cut Signal
Kevin Warsh, a Trump‑backed ally, was sworn in as the Federal Reserve chair at a pivotal economic moment. His appointment triggered investors to abandon a bold rate‑cut bet, leaving Treasury yields mi
Crypto PAC money pours into Texas primary runoffs, as prediction markets favor challengers
Crypto‑backed political action committees are flooding Texas runoff races, with Protect Progress PAC buying TV ads for Menefee and Fellowship PAC spending $500 K to back Paxton after Trump’s endorseme
Brent falls 5.5% to $97.90 as US‑Iran talks progress
Oil prices plunged as markets cheered signs of a US‑Iran peace deal that could reopen the Strait of Hormuz, a vital chokepoint shut since late February. Trump and Secretary of State Rubio both claim n
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