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Boeing drops 4.7% as China orders 200 jets, not 500
Boeing shares fell 4.7% Thursday after President Trump announced China would order 200 jets — roughly half the 500 Wall Street had expected from his trip. CEO Kelly Ortberg, who traveled to China with
Nvidia Clearance Sparks US Stock Rally to Record Highs
U.S. equities surged to record highs on Thursday as a tech rally, sparked by Nvidia’s chip‑clearance for China, lifted the S&P 500 and Nasdaq, while geopolitical tensions and inflation concerns linger
Retail investors have a new 'toy' for speculation, Barclays says
Barclays says prediction markets are becoming the latest speculative playground for retail investors, with monthly notional volume surging to over $24 billion and rivaling leveraged ETNs and S&P 0DTE
Bitcoin holds key support for $85K breakout as S&P 500 hits new all-time high
Bitcoin surged back to $80,000 as U.S. equities posted fresh all‑time highs, with risk appetite soaring despite stubborn inflation. The Kobeissi Letter highlighted record leveraged‑ETF inflows and a $
Bullish Shares Dip on Earnings Miss, $605 Million Loss as Value of Crypto Holdings Fell
Crypto exchange Bullish posted a first‑quarter loss of $605 million, largely from $559 million in unrealized crypto declines, while its revenue missed expectations at $92.8 million. Despite the hit, t
Bitcoin Firm Nakamoto's Stock Hits New Low After Posting $239M Loss, Selling More BTC
Nakamoto’s Q1 net loss of $239 M sent its stock crashing to a 52‑week low of $0.166, even as the firm still holds a $400 M Bitcoin treasury and sold 284 BTC for liquidity. The drop highlights how Bitc
Michigan Survey Hits Record‑Low Consumer Confidence
American consumer confidence has slumped to historic lows, with the University of Michigan survey hitting an all‑time low in May. Economists say a decade’s worth of inflation compressed into half a de
Dow Surges 300 Points, Reclaims 50,000 as Cisco Jumps
Wall Street surged on Friday as the Dow Jones Industrial Average reclaimed the 50,000‑point milestone, driven by a jump in Cisco shares and strong AI‑related trading. The rally lifted the S&P 500 to f
Dow Near 50,000 as AI Stocks Surge, Cisco Jumps
AI‑centric stocks lifted the U.S. market, with the Dow flirting with the 50,000‑point milestone and both the S&P 500 and Nasdaq gaining on Nvidia’s jump. Cisco’s earnings underscored its AI transforma
Dow Rises on Chip Rally Ahead of Trump‑Xi Summit
Market optimism is surging as semiconductor stocks lift the Dow, while the impending Trump‑Xi summit draws attention to two pivotal tech flashpoints. Reuters, CNBC, and AP all note record‑high stocks
Foxx Tells 10-Year-Old He'll Pay $4T Debt She Voted For
Rep. Virginia Foxx (R-NC) told a 10-year-old who wrote her about EVs that he and his classmates would be "responsible for" the national debt — a warning undercut by her vote for a ~$4 trillion bill th
Bank of England to Ease Stablecoin Holding Caps
Facing pushback from the crypto sector, the Bank of England is backtracking on its tough stablecoin rules, including a £20,000 per‑coin holding cap and a 40%‑asset‑deposit requirement. Deputy Governor
Bullish misses first-quarter revenue estimates on weaker crypto trading activity
Bullish’s first‑quarter earnings fell short as softer crypto prices slashed trading volumes, prompting an 8 % pre‑market share dip. To offset the revenue gap, the firm is moving ahead with a $4.2 bill
Versant Q1 Revenue Down 1%, Profit Slides 22%
Versant Media Group’s first‑quarter earnings showed a 1% revenue decline to $1.69 billion and a 22% profit drop, even as licensing and platform segments posted double‑digit growth.
Cerebras, OpenAI, SpaceX: The IPO pipeline that could drain crypto
Cerebras Systems' $40 billion IPO, priced at $185 per share, marks a rapid surge in AI‑chip valuations and signals Wall Street’s pivot from crypto to AI equities. Across FT, CNBC, Axios and Reuters, a
Bitcoin stuck below $80,000 as leveraged longs unwind, altcoins slide
After a dip to $76k on Iran‑related news, Bitcoin hovered just under $80k as a surprise rise in U.S. producer‑price inflation sparked a risk‑off wave that erased leveraged longs and dragged altcoins l
S&P Rules Set to Fast‑Track SpaceX $2T IPO
SpaceX’s imminent IPO, potentially valued at $2 trillion, is prompting the S&P 500 to consider sweeping rule changes that would fast‑track its inclusion and reshape index criteria for mega‑caps, spark
BitGo Q1 Loss Widens as Revenue Doubles, Shares Slip
BitGo posted a wider first‑quarter loss even as its overall revenue more than doubled, driven by a surge in stablecoin services but a sharp drop in staking income. The firm’s cash cushion and Bitcoin
Trump meets Xi, Asian stocks split, US indices rise
Asian markets were split as investors digested President Trump’s surprise meeting with Chinese President Xi in Beijing, while U.S. equity indices edged toward record highs and a tech rally, led by AI
Bitcoin Misses 200‑Day MA, Profit‑Taking Surge
Bitcoin’s rally stalled as it failed to break its 200‑day moving average, with profit‑taking pressure and a negative Coinbase Premium signalling waning U.S. demand. CryptoQuant flagged record‑high unr
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