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Finance News Summary Today — Page 73

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SpaceX Pre-IPO Futures Launch on Trade.xyz

SpaceX Pre-IPO Futures Launch on Trade.xyz

Trade.xyz launched perpetual futures on the Hyperliquid blockchain letting offshore traders bet on SpaceX's pre-IPO price, with the contract spiking from $150 to $216 in hours and drawing $33M in firs

MarketWatch · 7d ago
Nakamoto Plans 1‑for‑40 Reverse Split to Meet $1 Nasdaq

Nakamoto Plans 1‑for‑40 Reverse Split to Meet $1 Nasdaq

Nakamoto, a publicly traded Bitcoin treasury firm, is executing a 1‑for‑40 reverse stock split to push its share price above the $1 Nasdaq floor after a 99% plunge. The move follows a $239 million Q1

Decrypt · 1mo ago
Jim Cramer says the world of tech investing has changed and it's not going back

Jim Cramer says the world of tech investing has changed and it's not going back

Jim Cramer declared that semiconductor stocks have seized the lead in tech investing, overtaking the once‑dominant SaaS model. Nvidia’s blockbuster earnings and a 72% rally in semiconductor ETFs under

CNBC · 1mo ago
Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Even as the S&P 500 rides record highs and Meta pushes AI into Threads, Intuit’s earnings miss and a 17% workforce reduction sent its stock tumbling 11% in after‑hours. The tax‑software giant is cutti

CNBC · 1mo ago
Nvidia Earnings Beat, $80B Buyback Lifts Mining Stocks

Nvidia Earnings Beat, $80B Buyback Lifts Mining Stocks

Nvidia's first‑quarter earnings beat expectations, delivering $81.6 billion in revenue and a bullish AI outlook that lifted crypto‑mining stocks in after‑hours trading, even as the chipmaker's shares

CoinDesk · 1mo ago
Jeff Bezos Defends Billionaires, Proposes Tax Cut

Jeff Bezos Defends Billionaires, Proposes Tax Cut

In a CNBC interview, Jeff Bezos defended the billionaire class while championing AI and endorsing President Trump, pivoting the news focus away from recent Middle‑East ceasefire talks and tight US ene

CNBC · 1mo ago
Bitcoin hits $77K despite $2B ETF outflows

Bitcoin hits $77K despite $2B ETF outflows

Bitcoin surged back above $77,000, finding a temporary lift as oil prices fell and the Russell 2000 rallied, even as spot Bitcoin ETFs shed $2 billion in a week. Meanwhile, Chinese stablecoins slipped

Cointelegraph · 1mo ago
Family Offices Boom in Singapore, Hong Kong as LPs

Family Offices Boom in Singapore, Hong Kong as LPs

The US‑China summit in Beijing underscored a deeper shift: Asian ultra‑wealthy families are rapidly relocating their capital to Singapore, Hong Kong, Dubai and Gulf hubs, building multi‑jurisdictional

Asia Times · 1mo ago
Nvidia forecasts revenue above estimates, announces $80-billion share buyback program

Nvidia forecasts revenue above estimates, announces $80-billion share buyback program

Nvidia’s upbeat Q2 revenue outlook and massive $80 billion share‑repurchase plan underscore its commanding role in the AI hardware race, even as Google rolls out personalized Gemini AI and the U.S. gr

Globe and Mail Business · 1mo ago
Nvidia Beats Earnings, Forecasts $91B Next Quarter

Nvidia Beats Earnings, Forecasts $91B Next Quarter

Nvidia reported stronger-than-expected quarterly earnings, raised its dividend, and forecast rising demand for AI chips despite ongoing challenges in China and growing competition.

Google News Business · 1mo ago
Nvidia faces high bar going into Wednesday's earnings

Nvidia faces high bar going into Wednesday's earnings

Nvidia heads into Wednesday's fiscal Q1 earnings with Wall Street projecting $79.15B in revenue and options pricing in a 6.5% post-earnings swing, while analysts from Goldman, Citi, BofA, and Wells Fa

Google News Business · 1mo ago
Fed Minutes Show Majority Back Rate Hikes

Fed Minutes Show Majority Back Rate Hikes

Fed minutes reveal a majority of officials are prepared to raise rates if inflation stays above target, while also flagging AI‑driven cyber threats and the inflationary impact of the Iran war.

Axios · 1mo ago
Fed Minutes Show Majority Favor Rate Hike Over Iran War

Fed Minutes Show Majority Favor Rate Hike Over Iran War

Fed officials at the April 28‑29 meeting signaled a growing appetite for tightening, with a majority saying policy firming may be needed if inflation stays above 2%. The war in Iran, which has lifted

Globe and Mail Business · 1mo ago
10‑Year Treasury Yield Hits 4.69% as Inflation Rises

10‑Year Treasury Yield Hits 4.69% as Inflation Rises

U.S. Treasury prices fell sharply as yields surged to multi‑year highs, reflecting investors' fears that persistent inflation will keep the Federal Reserve from cutting rates soon and pushing mortgage

Google News Business · 1mo ago
Tether Buys SoftBank’s 26% of Twenty One Capital

Tether Buys SoftBank’s 26% of Twenty One Capital

Tether has bought SoftBank’s 26% stake in Bitcoin treasury firm Twenty One Capital, tightening its grip on a $3.34 billion Bitcoin holding and prompting a modest share rally. The deal, which also sees

Cointelegraph · 1mo ago
SpaceX Files Nasdaq IPO as SPCX Targets Record Offering

SpaceX Files Nasdaq IPO as SPCX Targets Record Offering

SpaceX has officially filed for a Nasdaq IPO under the ticker SPCX, a move that Yahoo Finance and CNBC say could set new market records. Bloomberg, however, points out that the ambitious offering alre

Google News Business · 1mo ago
Tech Buyouts 'Frozen': $9.3B April-May vs $52.6B in March

Tech Buyouts 'Frozen': $9.3B April-May vs $52.6B in March

Tech private equity dealmaking has frozen, with global buyout value plunging to $9.3 billion in April-May 2026 combined, down from $52.6 billion in March alone, as AI disruption fears and private cred

Axios · 1mo ago
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SpaceX Names Goldman Sachs Lead Underwriter for IPO

SpaceX is edging closer to a historic IPO, appointing Goldman Sachs as its lead left‑underwriter. The move fuels speculation that Elon Musk’s net worth could soon surpass Nvidia’s market cap, undersco

Google News Business · 1mo ago
30-Year Treasury Yield Rises Over 5%, Highest 2007

30-Year Treasury Yield Rises Over 5%, Highest 2007

Treasury yields have surged to multi‑year highs—30‑year rates up over 5% since 2007—fueled by inflation fears, Middle‑East tensions, and a quiet Trump‑Xi summit, reshaping bond values, borrowing costs

Google News Business · 1mo ago
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Global Long‑Bond Yields Hit 2008 High on Inflation

Long‑dated sovereign yields surged to their highest levels since the 2008 crisis as inflation expectations, oil‑price shocks from the Iran‑Hormuz conflict, and fiscal pressures across major economies

Google News Business · 1mo ago

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