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Finance News Summary Today — Page 58

Stock market, bitcoin, oil prices and economic news — daily finance summary

Dell Shares Jump 32% as AI Server Revenue Explodes

Dell Shares Jump 32% as AI Server Revenue Explodes

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

CNBC · 1mo ago
Bitcoin plums new six-week lows as analyst eyes BTC price dip 'end' at $72K

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

Cointelegraph · 1mo ago
Bowman Warns Against Rate Hikes Over Energy Inflation

Bowman Warns Against Rate Hikes Over Energy Inflation

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

CNBC · 1mo ago
SEBI to Pilot Corporate Bond Tokenisation

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

Mint · 1mo ago
Kalshi Launches Regulated Crypto Perpetual Futures

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

CNBC · 1mo ago
SoFi Shares Rise 7% After Launching US Bank Stablecoin

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

CoinDesk · 1mo ago
Dell Shares Surge as Nasdaq Posts 8% Monthly Gain

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

Google News Business · 1mo ago
Wall Street Rallies on Iran Truce, Dell Shares Surge

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

Google News Business · 1mo ago
There's a record disconnect unfolding in the trading pits right now

There's a record disconnect unfolding in the trading pits right now

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

CNBC · 1mo ago
S&P 500 up 0.2% as Brent falls on Iran ceasefire talks

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

AP News · 1mo ago
Bitcoin falls out of the global top 10 assets as market cap dips below $1.5T

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

Cointelegraph · 1mo ago
Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion

Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion

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

CoinDesk · 1mo ago
Bitcoin Falls to April Low as S&P 500 Hits Record

Bitcoin Falls to April Low as S&P 500 Hits Record

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

CoinDesk · 1mo ago
Dow Futures Rise as Major Indexes Hit Record Highs

Dow Futures Rise as Major Indexes Hit Record Highs

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

Google News Business · 1mo ago
Fed Chair Warsh to Ease Mortgage Capital Rules

Fed Chair Warsh to Ease Mortgage Capital Rules

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

Globe and Mail Business · 1mo ago
Quantum Threat to Bitcoin Now a Retirement Savings Problem

Quantum Threat to Bitcoin Now a Retirement Savings Problem

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

New Scientist · 1mo ago
Gap, American Eagle Stocks Crushed—But Not by the Economy

Gap, American Eagle Stocks Crushed—But Not by the Economy

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

MarketWatch · 1mo ago
Futures: Dell Surges, Leads Earnings Movers - Investor's Business Daily

Futures: Dell Surges, Leads Earnings Movers - Investor's Business Daily

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

Google News Business · 1mo ago
Buy $72K dip, or jump ship: What will Bitcoin bulls do?

Buy $72K dip, or jump ship: What will Bitcoin bulls do?

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

Cointelegraph · 1mo ago
Mizuho Raises Micron, Sandisk Targets on AI Memory

Mizuho Raises Micron, Sandisk Targets on AI Memory

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

Google News Business · 1mo ago

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