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Oil drop lifts Dow, S&P 500, Nasdaq to records
Oil price declines helped the Dow, S&P 500 and Nasdaq all hit fresh record highs on May 29, 2026, as an AI‑driven tech rally lifted the market. The bullish trend was reinforced by Trump’s looming Iran
CFTC Approves Crypto Perpetuals, Signals 24/7 Trading
After weeks of headlines on Trump’s Middle‑East moves and a tight U.S. energy market, the CFTC’s decision to approve crypto perpetual contracts and endorse 24/7 trading pivots the news cycle toward fi
Dell Shares Surge 33% on AI Data‑Center Demand
Dell’s shares exploded 33% after a surge in AI data‑center demand, pushing the stock to a fresh all‑time high. The rally also lifted Michael Dell’s personal fortune by $34 billion, briefly putting him
Markets News, May 29, 2026: Indexes Close at Records as Dell Leads Tech Gains; S&P 500 Rises for 9th Straight Week - Investopedia
U.S. equity markets closed at fresh record highs on May 29, spurred by a tech rally led by Dell Technologies. The S&P 500 logged its ninth straight weekly gain while the Nasdaq extended a 12‑day winni
Dimon warns CLARITY Act may fail on stablecoin rewards
JPMorgan CEO Jamie Dimon warned that the CLARITY Act could crumble if banks refuse to accept yield‑bearing stablecoin rewards, a clash that puts him at odds with Coinbase CEO Brian Armstrong. The disp
Lenovo Stock Jumps 109% as AI Server Revenue Grows 84%
Lenovo’s stock surged 109% in May as its AI‑optimized server business exploded, with AI revenue up 84% YoY and the Infrastructure Solutions Group posting a record $5.6 billion. The rally reflects a br
Coinbase Opens Global Crypto Perps for US Institutions
Coinbase has opened the door for U.S. institutional investors to trade global crypto perpetual contracts, a move that follows SEC and CFTC signals to bring offshore derivatives onshore. The launch arr
Bitcoin plums new six-week lows as analyst eyes BTC price dip 'end' at $72K
Bitcoin tumbled to $72,395, its lowest level since mid‑April, while US equities surged to fresh record highs. Analysts warn the $72k‑$74k band is a critical support zone, and heavy long‑position liqui
SEBI to Pilot Corporate Bond Tokenisation
India's market regulator SEBI will pilot blockchain-based tokenisation of corporate bonds to deepen debt markets, testing whether digital tokens can deliver faster settlement and broader retail access
Citadel Securities Hits $4.3B Record on Iran Volatility
Citadel Securities posted a record $4.3 billion in trading revenue, a surge driven by the market turbulence created by Iran’s repeated closures of the Strait of Hormuz. Bloomberg, the Financial Times
Kalshi Launches Regulated Crypto Perpetual Futures
Kalshi is rolling out regulated crypto perpetual futures, a move backed by the CFTC and aimed at U.S. traders who have been forced onto offshore platforms. The CFTC’s approval aligns with other firms
Dell Shares Jump 30% on AI Server Demand, Price Hikes
Dell’s stock surged 30% after a blockbuster quarter driven by soaring AI server sales and higher prices. The rally lifted rival server makers and swelled billionaire Michael Dell’s personal wealth, un
SoFi Shares Rise 7% After Launching US Bank Stablecoin
A wave of geopolitical optimism over a tentative Iran ceasefire deal sent Bitcoin sliding further, hovering near $76,000, shaking crypto markets. At the same time, U.S. digital bank SoFi launched its
Dell Shares Surge as Nasdaq Posts 8% Monthly Gain
U.S. equities kept climbing Friday with the Nasdaq ending May up 8% and Dell’s stock jumping sharply, while the S&P 500 also nudged to fresh record highs. AP News, CNBC and Bloomberg all highlight the
Student loan borrowers will have two new repayment options come July 1. Here's how to pick one
Starting July 1, the U.S. Department of Education will roll out two new federal student‑loan repayment options – the income‑driven Repayment Assistance Plan and a fixed‑payment Tiered Standard Plan –
Wall Street Rallies on Iran Truce, Dell Shares Surge
Investors pushed the Dow, S&P 500 and Nasdaq higher as President Trump moved closer to an Iran truce, reviving hopes of a Middle‑East peace deal. The optimism lifted tech stocks, with Dell’s shares ju
S&P 500 up 0.2% as Brent falls on Iran ceasefire talks
Wall Street kept climbing as the S&P 500 nudged higher, buoyed by hopes of a 60‑day Iran ceasefire that eased oil prices. Dell’s earnings surge lit up tech shares, while Gap’s warning pulled down reta
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak
Bitcoin ETFs have endured a record $2.8 billion outflow over nine days, with SoSoValue, CryptoQuant, Galaxy Research and Coinshares pointing to waning institutional demand, heightened geopolitical ris
Bitcoin falls out of the global top 10 assets as market cap dips below $1.5T
Bitcoin’s price slump to $72,400 dragged its market cap below $1.5 trillion, ejecting it from the world’s top‑10 assets and leaving it behind Saudi Aramco, Tesla and Meta. The rally in gold, silver an
P/E Ratio Explained: What It Tells Investors About Stock Value
An explainer on the Price-to-Earnings (P/E) ratio outlines how the metric compares stock price to earnings per share, signals growth expectations, and why investors should pair it with broader financi
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