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Dow Falls >500 Points as Tech Slumps, Yields Spike
The Dow plunged over 500 points on Friday as tech stocks tumbled, Treasury yields spiked, and oil price worries added pressure. A global bond rout further amplified the sell‑off, pulling the S&P 500 a
Jerome Powell Ends Fed Tenure Amid Inflation Criticism
Jerome Powell is stepping down as Federal Reserve Chair after a tenure mired in political turbulence and policy controversy. While The Hill criticizes his handling of inflation, AP News points to his
Fuel Price Hike Sparks Market Volatility, SIPs Tested
India’s recent fuel price hikes, combined with foreign investor outflows and geopolitical tension, are driving heightened market volatility and forcing retail investors to re‑evaluate their financial
Kospi Slides 6% as Samsung Strike Triggers Sell‑Off
South Korea’s benchmark Kospi fell more than 6% on Friday, wiping out a fresh record high after Samsung Electronics plunged 8.6% amid an announced 18‑day labor strike. The tech‑heavy sell‑off, driven
Stock futures fall after Dow retakes 50,000: Live updates - CNBC
U.S. equity markets hit fresh milestones as the Dow broke the 50,000 barrier and the S&P 500 and Nasdaq closed at record highs, yet futures slipped amid rising yields and the conclusion of the Trump‑X
Australia’s proposed CGT changes could discourage long-term crypto holding
Australia’s proposed capital gains tax overhaul will strip the long‑term discount for crypto assets after July 2027, a move the government says will curb property speculation. Industry leaders split:
Strategy’s STRC hits record $1.5B trading volume
Strategy’s STRC instrument could generate $735 M, enough to buy 9,066 Bitcoin, while the firm has already added over 100,000 BTC since March, solidifying its status as the biggest corporate Bitcoin tr
Bullish shares dip on Q1 earnings miss, $605M loss
Bullish's shares tumbled after a $605 M Q1 loss, even as the company touts a $4.2 B Equiniti acquisition and its rank as the second‑largest Bitcoin‑options exchange. At the same time, rival exchanges
US CLARITY Act Advances, May Yield Shift to Asia
The U.S. Senate Banking Committee moved the Digital Asset Market CLARITY Act forward, and HashKey researchers say clearer rules could spur global institutional use of dollar‑stablecoins while tighter
XRP, DOGE Surge as Clarity Act Clears Senate Panel 15-9
The Senate Banking Committee advanced the Digital Asset Market Clarity Act in a 15-9 bipartisan vote, sending crypto majors higher — with bitcoin reclaiming $81,000 and XRP, dogecoin leading the altco
Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Strive, the Bitcoin‑focused firm founded by Vivek Ramaswamy, cleared all its debt in Q1 and announced a 13% annual dividend paid daily to its SATA preferred shareholders, sparking a 5.8% share jump. T
Futures: Nvidia Runs, Cerebras Soars, But These 2 Giants Are Buys - Investor's Business Daily
U.S. equities surged to fresh record highs on May 14, 2026, driven by a rally in AI‑focused stocks. The Dow broke the 50,000 barrier, while the S&P 500 and Nasdaq closed at new peaks, with Nvidia, Cer
SpaceX IPO prospectus could land as soon as next week, sources say
SpaceX is set to unveil its IPO prospectus next week and begin a roadshow on June 8, seeking a $70‑$75 billion offering that would eclipse all prior listings. The move follows its February merger with
Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange
Gemini received a $100 million cash infusion from the Winklevoss Capital Fund, buying Class A shares at $14 each in Bitcoin, which sent the stock soaring about 30% in after‑hours trading. The funding
Cramer urges investors to be more selective in the AI frenzy
Jim Cramer, a longtime AI‑chip evangelist, says the current frenzy demands discipline. After Cerebras’ $95 B IPO and Cisco’s 13% rally, he urges investors to back only the most solid AI‑chip names lik
Dartmouth Reveals Crypto Exposure as SEC Expands ETFs
Dartmouth’s first crypto purchase in 2025 marks a growing trend of university endowments entering digital assets, joining Harvard’s disclosed holdings in Bitcoin and Ethereum trusts. At the same time,
Canada Leads Infrastructure Survey, US Falls to Third
A new GIIA survey places Canada at the top of the global infrastructure investment market, ahead of the United States and Germany. The ranking reflects investors' confidence in Canada's policy moves—s
Nearly 40% chances of stagflation by end of 2026, traders say
Traders on the Kalshi platform now see almost a 40% chance the U.S. economy will slip into stagflation by 2026, up sharply from 11% three months ago. Their outlook is reinforced by a 3.8% year‑on‑year
Kevin Warsh Named Fed Chair, Bessent Sees Disinflation
U.S. Treasury Secretary Scott Bessent told CNBC that the recent energy‑driven inflation spike is a temporary supply shock that will fade as oil output continues, setting the stage for “substantial dis
Fed releases senior bank officer survey results
The Federal Reserve Board published findings from two recent senior‑financial‑officer surveys that capture banks’ views on discount‑window operating days, reserve‑balance management strategies, balanc
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