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Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus — Live Updates - WSJ
U.S. stocks ended mixed as the Nasdaq fell for a fourth consecutive day, dragged down by a sharp slump in Apple that overshadowed blockbuster earnings from chipmaker Micron, with Wendy's also drawing
Wendy's Stock Drops 7% as Reddit Meme Rally Fizzles
Wendy's shares fell nearly 7% on Thursday after a Reddit-driven meme stock surge of 25.7% the prior day — its biggest gain since June 2021 — failed to hold, with analysts noting the rally was disconne
Nasdaq falls for a fourth day as a drop in Apple overshadows Micron's booming earnings: Live updates - CNBC
The Nasdaq extended its losing streak to four sessions as a sharp decline in Apple overshadowed blowout quarterly earnings from chipmaker Micron, leaving major U.S. indexes mixed at the close.
Traders Predict More Pain for Bitcoin and Ethereum After Monthly Drops Above 20%
Prediction market traders on Myriad are pricing in steep further declines for Bitcoin and Ethereum, giving 77% odds BTC drops to $55,000 and 88% odds ETH falls to $1,500 before any rebound.
Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin plunged to a 21-month low near $58,000 after May's US PCE inflation print hit a three-year high of 4.1%, triggering $600 million in hourly crypto liquidations and sharp equity-market volatilit
First-quarter GDP gets big boost, but it’s not really great news
The U.S. economy grew at a 2.1% annual rate in Q1, an upward revision from 1.6%, though the source immediately frames the stronger print as 'not really great news.'
Wall Street Values Crypto Firms for AI Power
Galaxy Digital's June 2026 stock surge highlighted Wall Street's growing willingness to value crypto firms for AI infrastructure — power, land and data centers — rather than just digital asset exposur
Micron Tops Meta, Tesla in Market Cap on AI Memory Boom
Micron Technology's market valuation surged past Meta's and briefly Tesla's for the first time, fueled by relentless AI infrastructure demand and a robust earnings forecast that unlocked US$22-billion
Oil returns to pre-Iran war levels as Hormuz traffic
Brent crude has fallen back to its pre-Iran war price as vessel traffic through the Strait of Hormuz gradually resumes following a 17 June US-Iran memorandum of understanding, though daily crossings r
U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank
U.S. charitable giving crossed $600 billion for the first time in 2025, reaching $617.2 billion on a blistering stock market rally — but middle-class donations barely grew while bequests and nine mega
Study: Staying in One SIP Beats Chasing Last Year's
A WhiteOak Capital Asset Management analysis found that Indian SIP investors who stayed in one market-cap category outperformed those who rotated annually into the previous year's top-performing fund,
MSCI Rejects South Korea Upgrade Over Won Trading
MSCI has again declined to upgrade South Korea to developed-market status, with CEO Henry Fernandez identifying restrictions on Korean won trading — available only during Seoul daytime hours — as the
SBI buys Bitbank for $289M to top Japan's crypto market
SBI is acquiring Japanese crypto exchange Bitbank for $289 million, a move that would create Japan's largest crypto exchange and extends the firm's parallel buildout of stablecoins and tokenized-asset
US PCE Inflation Tops 4% in May; Fed September Hike
U.S. PCE inflation surged 4.1% year-on-year in May — the first reading above 4% in three years — driven by energy prices from the Middle East conflict, while consumer spending jumped 0.7%, keeping Fed
Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry
Decentralized-finance protocol Spark is partnering with decentralized exchange Uniswap to build a shared 'FX layer' for stablecoins, seeded with a $150 million liquidity migration as banks and fintech
Bitcoin is having a tough year. Traders are betting it's going to get worse
Bitcoin futures fell to as low as $58,995 Thursday — the lowest since October 2024 and a roughly 52% drawdown from last year's peak — as options traders loaded up on puts on the IBIT ETF, with 19 of t
Bond Market vs. Fed: Rate Hikes That May Never Come
The US bond market is pricing in Federal Reserve rate hikes that may never materialize, even as Bank of America forecasts a full series of hikes this year to fight inflation.
Brainard-Chopra Project: Why Strong GDP Still Feels Bad
A new Democratic project led by former Biden adviser Lael Brainard and ex-CFPB chief Rohit Chopra finds that volatile everyday prices — especially beef — explain why Americans feel economically squeez
SK Hynix Surges 12% on $29B Nasdaq Listing Plan
SK Hynix is charging toward a blockbuster up-to-$29.4 billion Nasdaq ADR listing as Micron's blockbuster AI-memory earnings reinforce that high-bandwidth memory supply remains tight.
Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest
Micron Technology's shares jumped 18.4% after a blockbuster earnings forecast and $22 billion in customer commitments, briefly pushing the chipmaker's market cap past Meta and near Tesla's valuation a
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