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Finance News Summary Today — Page 72
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Dow Jones Record as Oil Slides on US‑Iran Peace
U.S. stocks surged on Tuesday as the Dow Jones Industrial Average closed up more than 270 points to a fresh record high, while the S&P 500 and Nasdaq also posted gains. The rally was driven by a sudde
Live markets: Yet another Iran peace deal and Mark Cuban sells his bitcoin
Nvidia’s strong AI‑driven data‑center earnings sparked a rally in crypto‑linked equities, with Bitcoin miners leading the charge. Companies such as Iren, TeraWulf, Cipher Mining and Core Scientific no
Kospi Jumps 8% as Samsung Averts Strike, Margin Debt Hits $26B
South Korea's Kospi surged 8% to a record high after Samsung Electronics averted a labor strike and Nvidia's CEO declared AI chip demand 'parabolic,' though analysts warn margin debt has doubled to $2
OpenAI Eyes September IPO With Goldman, Morgan Stanley
OpenAI is targeting a September IPO with Goldman Sachs and Morgan Stanley as underwriters, accelerating public-market plans after a jury dismissed Elon Musk's $150 billion lawsuit against the AI compa
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes
Amid tight U.S. energy markets, geopolitical headlines, and an expanding NFL schedule, the U.S. is now channeling $2 billion into quantum‑computing firms, taking equity stakes and boosting stocks. IBM
Beauty booking startup Fresha hits $1 billion valuation with KKR backing
London‑based Fresha, a beauty‑and‑wellness booking platform, secured an $80 million investment from KKR’s Next Generation Technology Growth fund, lifting its valuation above $1 billion and bringing it
Warsh Sworn In as Fed Chair Amid Inflation, Trump Pressure
Kevin Warsh is set to be sworn in as Federal Reserve chair on Friday, inheriting a central bank under explicit White House pressure to cut rates even as Iran-war inflation has pushed consumer prices t
Eutelsat shares jump 10% as SpaceX IPO looms
European satellite operator Eutelsat surged 10% on the trading floor, extending a 22% weekly rally as investors eye the looming SpaceX IPO that could value Elon Musk’s firm at $1.75 trillion. The star
Treasury yields resume climb as traders monitor inflation risks
U.S. Treasury yields jumped on Thursday, with the 10‑year hitting 4.60% as inflation worries resurfaced amid rising oil prices driven by Middle‑East tensions. The higher borrowing costs and spiking cr
Samsung Union Suspends Strike After AI Bonus Deal
Samsung’s massive union of almost 48,000 workers called off a planned strike after a tentative agreement on bonus payouts, averting a potential disruption to the AI‑chip supply chain. The deal, which
SpaceX files for IPO, could make Musk trillionaire
SpaceX has filed for a U.S. IPO under ticker SPCX, a move that could become Wall Street’s biggest debut and push Elon Musk’s net worth past $1 trillion. The filing reveals a $1.25 trillion valuation,
AI frenzy sees these European stocks gain over 100% this year in blockbuster rally
European tech firms that supply AI infrastructure have exploded in value this year, with Aixtron, Technoprobe, STMicroelectronics and Nokia each posting gains of 108‑189%. Analysts say a scarcity of p
Hyperliquid ETFs surprise with 50% volume jump after slow launch
Hyperliquid’s ETFs have surged, drawing a record $25.5 M in net inflows in a single day after a quiet launch. The inflows, split between 21Shares and Bitwise funds, reflect strong institutional demand
Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price
Nakamoto, the 20th‑largest Bitcoin‑treasury firm, approved a 1‑for‑20 to 1‑for‑50 reverse split after a Q1 net loss of $238.8 million, driven largely by a $102 million Bitcoin mark‑to‑market hit as BT
Walmart to report first-quarter earnings before the bell. Here's what Wall Street expects - CNBC
Walmart will release its first‑quarter earnings before the market opens, posting a modest sales gain but flagging higher fuel costs. The cautious guidance amid high gas prices sent its shares lower in
SpaceX Files for Record $1.75T IPO
SpaceX has filed for an IPO that could become the largest in history, targeting up to $75 billion in proceeds and a valuation as high as $1.75 trillion, with Elon Musk set to remain CEO, CTO and Chair
SoftBank shares jump 20% after Nvidia AI earnings
SoftBank Group’s stock surged almost 20% after Nvidia’s blockbuster AI earnings, underscoring the Japanese conglomerate’s deep exposure to the AI boom through its stakes in Arm and OpenAI. The rally l
Nvidia Beats Q1 Estimates on AI Chip Surge
Nvidia’s first‑quarter earnings blew past Wall Street forecasts, powered by a surge in AI‑accelerator demand. Across AP, Yahoo Finance and Al Jazeera the company posted record profit and revenue, whil
SpaceX files IPO, targets Nasdaq listing as June
SpaceX officially filed a confidential IPO, a move that could become the largest public offering ever and potentially crown Elon Musk as the world’s first trillionaire in the coming months.
US Treasuries Rise on US‑Iran Deal Optimism
Bond markets rallied as US Treasuries rose on growing optimism about a potential US‑Iran agreement, even as earlier warnings about a bond slump persisted and inflation‑driven yield climbs continued, a
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