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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
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
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
Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein
Bernstein’s new research notes that Bitcoin miners are becoming essential power providers for AI data centers, signing $110 billion in contracts that supply 6 GW of electricity to major hyperscalers.
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
Ramp Secures $750M, Hits $44B Valuation
Ramp, the corporate expense‑management platform, secured $750 million in new financing that lifts its valuation to $44 billion, almost tripling its worth in a year. The company now reports over $1 bil
SpaceX files $75bn IPO at $1.77tn valuation
SpaceX filed to sell 555.6 million shares at $135 each, aiming to raise $75 billion and achieve a $1.77 trillion market value that could push Elon Musk’s net worth past the $1 trillion mark.
Quantinuum set to open higher on Nasdaq debut
Honeywell’s quantum‑computing spin‑off Quantinuum is debuting on Nasdaq after upsizing its IPO, with expectations of a higher opening price. Wall Street investors are buying in, reflecting growing mar
S&P 500, Nasdaq dip as Broadcom revenue miss dents chip stocks - Reuters
Broadcom missed revenue expectations, triggering a sell‑off in semiconductor stocks. The S&P 500 and Nasdaq indices fell, while the Dow Jones rose about 800 points as investors shifted into banking an
Coinbase launches SpaceX pre‑IPO perpetual futures
Coinbase unveiled a new perpetual futures contract tied to SpaceX, giving non‑U.S. traders exposure to the private company’s valuation before its IPO. Settled in USDC, the product joins a nascent mark
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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