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Stock market, bitcoin, oil prices and economic news — daily finance summary
Dell Technologies posted a record‑breaking 32% stock surge after reporting an 88% jump in quarterly revenue and a 757% explosion in AI‑server sales, a performance that stunned analysts. The rally was
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
Fed Governor Michelle Bowman warns against hiking interest rates in response to the current inflation spike, arguing that energy-driven price surges are temporary and warrant a restrained policy appro
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
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
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
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
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
Even as the S&P 500 rides record highs and macro tensions such as Iran’s moves recede, U.S. traders are witnessing a historic split: index volatility has plunged to a January‑low VIX of 15.6, while st
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’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
U.S. spot Bitcoin ETFs have endured a record nine‑day streak of net outflows, with investors withdrawing about $2.8 billion as Bitcoin slipped from $80k to $73k. The sell‑off coincides with the crypto
Bitcoin fell to its lowest price since early April, missing a breakout above $83,000 and extending a lower‑highs trend that has haunted the crypto market since October. Meanwhile, S&P 500 and Nasdaq 1
Dow futures climbed on the final trading day of May, while the U.S. market posted fresh record highs across its major indexes, including the S&P 500. Oil prices slipped on optimism about a new peace d
Kevin Warsh’s inauguration as Federal Reserve chair marks a decisive turn toward loosening banking oversight, echoing President Trump’s broader push for deregulation even as the administration wrestle
Two new papers warn that quantum computers may soon break the encryption securing bitcoin, and researchers say ordinary retirement savers are already exposed through index funds that hold Strategy, th
Gap and American Eagle shares plunged double digits after earnings, but both retailers' executives pointed to fashion missteps and a cold spring rather than a weakening consumer, with Gap cutting its
Futures trading shows Dell’s shares jumping the most, pulling the tech sector ahead as the S&P 500 and Nasdaq climb to fresh record levels. The rally is fueled by optimism over a prospective U.S.–Iran
Bitcoin slipped below $70,000, erasing 16% of its recent gains as spot‑ETF outflows, renewed US‑Iran tensions, inflation worries, and uncertainty over the CLARITY Act weighed on sentiment. Yet Hyblock
Analysts at Mizuho lifted price targets for Micron and Sandisk as the surge in agentic AI workloads fuels a rally in memory‑chip stocks. Across outlets, the WSJ likens the sector’s profitability to oi
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