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Harvard dumps entire ETH position after just one quarter
Harvard’s endowment completely liquidated its Ethereum exposure in Q1 2026 after ETH slumped over 50% from its $5,000 peak. The move comes amid a turbulent year for the blockchain, marked by a wave of
Dow Hits Record 50,285 on Iran Peace Hopes
Wall Street edged higher on May 21 with the Dow closing at a record 50,285.66 on hopes of US-Iran diplomatic progress, even as Walmart and Nvidia both tumbled on earnings and the broader market absorb
Binance Launches SpaceX Perpetual Futures Ahead of IPO
Binance has rolled out perpetual futures tied to SpaceX’s upcoming IPO, letting traders bet on the aerospace giant’s valuation without owning stock. The move joins a wave of crypto‑based pre‑IPO produ
Annuity payouts are the highest they’ve been in years. Thanks, inflation.
Annuity payouts have surged to the highest levels in years, with new retirees now receiving about $632 a month (7.6% annual) versus $593 a month (7.1%) just six months ago, driven by high interest rat
Oil prices drop, US stocks hit record highs
Oil prices fell, giving U.S. equities a lift that erased earlier losses. The Dow Jones Industrial Average surged to a record high while the S&P 500 and Nasdaq also rose, buoyed by growing optimism ove
Nvidia Beats, Stock Dumps—BofA Says Buy the Dip
Nvidia posted a record $81.6 billion Q1 revenue, crushing forecasts and driving a 92% surge in data‑center sales. Bank of America kept a “buy” call, lifted its price target to $350, and warned that Nv
U.S. Markets Decline as Tech-Stock Rebound Loses Steam After Nvidia Earnings - WSJ
Nvidia's first‑quarter earnings beat expectations, but its shares tumbled, pulling down the broader U.S. market after a brief tech‑stock rally. WSJ and Fortune both flag the earnings beat and weaker f
Loblaw bread-fixing settlement money is landing in bank accounts. What are you spending your money on?
Loblaw Cos. Ltd. and its parent George Weston Ltd. have agreed to a $500 million settlement over a bread‑price‑fixing scheme that spanned 2001‑2015. Eligible Canadians who bought packaged bread betwee
Nvidia Targets $200B CPU Market with Vera CPU
Nvidia unveiled its first AI‑focused CPU, Vera, and announced a $200 billion total addressable market for CPUs, signaling a strategic pivot beyond its traditional GPU business as the company seeks to
Mortgage rates top 6.5% as yields surge
Mortgage rates have surged to their highest level in nine months, edging above 6.5% as bond yields climb and inflation worries intensify. The rise, reported by CNN Business and echoed by ABC News, sig
SpaceX's $2T IPO Reveals xAI Losses, Anthropic Deal
SpaceX filed for the largest IPO in history at a roughly $2 trillion valuation, with its S-1 revealing $6.4 billion in 2025 xAI losses and a $1.25 billion-per-month AI computing deal with Anthropic th
Stock futures fall, SpaceX files IPO as oil hits $100
Oil prices surged past $100 a barrel as doubts over Iran peace talks rattled markets, pushing stock futures lower and snapping the S&P 500 and Nasdaq’s record‑high streaks. The sell‑off also hit Dow J
Home ownership is out of reach for most Gen Zs, but there’s a better way to build wealth
Rising home prices in Canada have put home ownership out of reach for most Gen Z, but a growing number of financial‑independence advocates argue that renting and investing in a diversified stock portf
Michael Saylor touts tokenization for credit markets
Amid Bitcoin hovering near $76,000 and the Senate’s push on the CLARITY Act, Strategy founder Michael Saylor argues that tokenizing securities will open a free market for credit and yield, challenging
IG Europe partners with Bitpanda to expand crypto EU
IG Group’s European arm is teaming up with Austria’s Bitpanda to broaden crypto trading across the EU, a move that lifted IG’s shares 2.7%. Bitpanda is also rolling out Vision Chain, an Ethereum layer
SpaceX is heavily reliant on Starlink for growth and profit as it marches toward Nasdaq listing
While OpenAI trims product teams and Anthropic wrestles with AI rollout delays, SpaceX’s Starlink is emerging as the cash engine powering its upcoming Nasdaq debut. The satellite‑internet unit generat
Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend
With Bitcoin trading around $76,000 after Iran‑related market jitters, long‑term holders now control 16.3 million BTC – the highest level since the 2024 ETF hype – reversing a 2.5‑year decline. The 20
Nvidia's latest record earnings fail to impress investors
Nvidia posted a record $81.6 bn Q1 revenue and a $58.3 bn net profit, yet its shares slipped 1.6% as investors grew wary of growth expectations and rising competition. The chipmaker, which now account
Nvidia Beats Estimates, Revenue Surges, Shares Slip
Nvidia posted another earnings beat, with AI‑driven revenue growth pushing its top line higher, yet its stock fell in after‑hours trading. Meanwhile, the S&P 500 and Nasdaq climbed to fresh highs, kee
SpaceX Files $1.75T IPO, Names OpenAI as Rival
SpaceX publicly filed its IPO prospectus Wednesday, targeting a roughly $1.75 trillion Nasdaq listing under the symbol SPCX and naming OpenAI and Anthropic as key competitors as all three AI-linked gi
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