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The Dow slipped as hot inflation weighed on broader equities, while Nvidia and other AI‑focused stocks surged, driving a tech‑centric rally. At the same time, U.S. futures rose and global markets gain
Semiconductor stocks have surged to dominate more than 15% of the S&P 500, marking an unprecedented concentration that fuels the AI‑driven rally but raises concerns about market vulnerability for inde
India raised import tariffs on gold and silver from 6% to 15% in a bid to stem a hemorrhage of foreign currency as the rupee collapses under oil-shock pressure from the Strait of Hormuz crisis.
Despite a turbulent session that saw tech stocks wobble and oil surge past $100, the S&P 500 and Nasdaq held firm, closing near the day’s highs as traders leaned into VIX calls as a hedge. The Cboe VI
U.S. wholesale prices surged 6% year‑over‑year in April, the steepest rise since 2022, as energy costs—spurred by the Iran‑Hormuz conflict and President Trump’s tariffs—propelled the producer price in
Bitcoin dipped below $80,000 amid surging U.S. producer price inflation and geopolitical tensions linked to Iran, but analysts at 21Shares see the sell-off as a potential 'final flush of weak hands' a
Metaplanet’s Q1 earnings show a widened basic loss of $0.63 per share as Bitcoin’s 24% price plunge erodes its net assets to $2.6 bn, yet the firm kept its 2026 sales and operating‑profit targets unch
King Charles III’s State Opening of Parliament came as Prime Minister Keir Starmer survived a leadership revolt that had sent UK gilt yields soaring. While Starmer’s brief meeting with rival Health Se
India’s National Social Assistance Programme has left senior, widow and disabled pensions stuck at ₹200‑₹500 since 2012, eroding purchasing power by roughly 45% as inflation surged. An evaluation by t
Charles Schwab has started rolling out spot Bitcoin and Ether trading for its U.S. retail customers, a move that could bring its roughly 35 million investors into direct crypto markets. The launch, ec
While Bitcoin hovers around $76,000 amid geopolitical tensions and U.S. oil inventories shrink, eToro's Q1 numbers show a steep 38% drop in crypto‑asset revenue and a 57% plunge in derivative income,
Tencent posted a 9% rise in first‑quarter 2026 revenue to 196.5 billion yuan, yet the figure fell short of analysts’ 199 billion‑yuan forecast. CEO Ma Huateng highlighted progress on new AI products a
SoftBank’s Vision Fund posted a $46 billion profit for the fiscal year, almost entirely thanks to its $30 billion‑plus stake in OpenAI—a point highlighted by both Japan Times and CNBC. The windfall ce
On May 13 2026, Nvidia’s surge lifted chip stocks, sending S&P 500 and Nasdaq futures higher, yet the broader indices slipped from record highs as hotter‑than‑expected inflation data and rising Iran t
India, the world’s second‑largest gold consumer, has lifted import duties on gold and silver to 15% in a bid to rein in a $25 billion quarterly gold spend that’s fueling a widening trade deficit and a
While Google pushes Gemini AI into Chrome and Mac, the U.S. Senate is turning its focus to crypto regulation. The Clarity Act, slated for a Thursday vote, would bring crypto exchanges, brokers and dea
Nvidia’s chip rally lifted S&P 500 and Nasdaq futures, but the underlying indices slipped from record highs as hotter‑than‑expected inflation cooled the rally, tempering Nasdaq’s longest winning strea
Asia‑Pacific equities swung unevenly Wednesday as hotter‑than‑expected U.S. inflation, falling oil prices, and renewed Iran tensions—highlighted by President Trump’s sharp critique of the ceasefire an
The Senate’s CLARITY Act is presented as a three‑pronged effort to protect Main Street, spur responsible innovation, and crack down on fraud and money laundering. Reuters offers an explainer on the bi
Strategy, the former software firm MicroStrategy, has shed its legacy name and doubled down on Bitcoin, turning its treasury into a massive crypto reserve. Led by Michael Saylor, the company bought $2
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