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Finance News Summary Today — Page 61
Stock market, bitcoin, oil prices and economic news — daily finance summary
Rally in chip stocks becomes the most hated in history. Here's the data
Even as the broader market rides record S&P 500 levels and some firms unwind convertible debt, semiconductor stocks have sparked the most hated rally in history. Record‑high put interest on the VanEck
Bitcoin’s famous CME gaps are about to disappear, though three remain unresolved
CME’s shift to round‑the‑clock Bitcoin futures wipes out the long‑standing weekend gap, a staple of technical trading, just as Bitcoin hovers around $76,000 after Iran‑related news. The move aligns fu
Royal Bank of Canada sees quarterly profit rise on trading boost, hikes dividend
Royal Bank of Canada posted a 25% jump in Q2 profit to $5.5 billion, driven by stronger capital‑markets earnings and lower loan‑loss provisions. The bank lifted its dividend, launched a $45 million sh
Crypto liquidations hit $935M as Bitcoin price dips to $72.6K
Bitcoin plunged to a six-week low of $72,620 amid geopolitical tensions over U.S. military strikes on Iran, triggering $935 million in crypto liquidations and raising fears of a breakdown below $70,00
European Stocks Slip 0.5% as Iran Peace Talks Stall
European markets slipped as investors weighed mixed signals on a potential Iran peace deal. US Secretary of State Marco Rubio highlighted diplomatic progress, while President Trump and the White House
5 simple Demat account opening steps and smart stock market investing tips for beginners in India
India’s equity market is booming, with demat accounts swelling from 90 million in FY22 to 225 million in FY26, reflecting a structural surge in retail participation. While Parliament has postponed the
SpaceX IPO Buzz Powers Space Stocks 50-83% In May
SpaceX's expected $2 trillion IPO is fueling a retail frenzy in smaller space stocks, with RKLB, ASTS, SIDU, and BKSY surging 54-83% in May — though SIDU's 20% overnight plunge on a $100M offering tem
U.S. Strikes in Iran Pull Asian Markets Lower
Fresh U.S. strikes on a site in the Strait of Hormuz sparked a wave of market turbulence. Asian equity indexes plunged and oil prices surged, while U.S. futures edged higher and the Dow, S&P 500 and N
Gold price falls 0.8% to $4,419.60 as US dollar rises
Gold slipped 0.8% to $4,419.60 per ounce and silver fell 1.7% to $73.34 as a stronger US dollar and a fresh US attack on Iran spooked markets, feeding inflation worries and prompting Fed officials to
Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations
U.S. airstrikes on Iran reignited tensions that had been easing after a brief cease‑fire, sending Bitcoin below $73,000 and wiping out nearly $1 billion in leveraged crypto positions. The shock ripple
Google worker charged for using internal data to make $1.2m on Polymarket
A Google security engineer, Michele Spagnuolo, was arrested and charged with insider trading after using confidential Google marketing data to win $1.2 million on the crypto‑based prediction market Po
US Stocks Notch Third Straight Record on US-Iran Ceasefire
US stocks notched a third straight record close Thursday as reports of a US-Iran ceasefire extension eased escalation fears, even as a slate of weaker growth and hotter inflation data sharpened stagfl
Salesforce's beat fails to convince the market that software can survive AI
Even as geopolitical tensions and tight U.S. energy supplies keep markets volatile and the S&P 500 at record highs, Salesforce delivered a solid Q2 beat but failed to convince investors that its AI pu
Salesforce Earnings, Revenue Beat. Software Stock Falls On Guidance. - Investor's Business Daily
Salesforce delivered a first‑quarter earnings surprise, with both revenue and profit exceeding forecasts. Nevertheless, the software‑sector stock slipped after the company's guidance fell short of mar
Salesforce First-Quarter Sales, Profit Rise Amid Agentforce Efforts - WSJ
Salesforce’s first‑quarter results showed rising sales and profit, and the company beat earnings and revenue forecasts, but its light full‑year guidance dampened enthusiasm. The earnings beat did not
Stock Market Today: Dow, Nasdaq, S&P 500 Score Highs As Oil Falls Below $90 (Live Coverage) - Investor's Business Daily
U.S. equities surged to fresh record highs as AI‑driven optimism lifted the Dow, Nasdaq and S&P 500, while oil slipped below $90 per barrel. The rally dovetails with the S&P 500’s ongoing record highs
Salesforce Earnings May Ease AI Concerns, Stock Dips 0.1%
Salesforce's upcoming earnings report may ease AI-related concerns and boost its stock, though shares slipped 0.1% after the pre‑market announcement; analysts note the company's low valuation, 13× ear
SEC Advisory Committee Sets June 4 Meeting on Private Markets
The SEC's Investor Advisory Committee will convene June 4 in Washington to examine private market access for retail investors, passive index fund voting, and potential recommendations on proxy voting
Robinhood launches AI Agentic Trading, Credit Card
Robinhood is rolling out AI‑driven Agentic Trading and an Agentic Credit Card, allowing third‑party AI agents to manage portfolios and make purchases on behalf of retail investors. The firm adds guard
Robinhood Launches AI‑Agent Trading and Credit Card
Robinhood is rolling out a new feature that lets users deploy AI agents to trade stocks and even make purchases via a dedicated credit card. The move, highlighted by Forbes and CNBC, marks a push towa
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