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Finance News Summary Today — Page 93
Stock market, bitcoin, oil prices and economic news — daily finance summary
Josh Wolfe Unveils Third Hardware Bet: 'Lifecording'
Josh Wolfe, co-founder of Lux Capital, unveiled his third high-conviction hardware thesis — dubbed 'lifecording' — betting that an explosion of AI-powered wearable recording devices will create a 'dem
Oil prices jump after Trump dismisses Iran proposal to end war
President Trump slammed Iran’s peace proposal as “totally unacceptable,” while Tehran, via Pakistan, demanded an end to hostilities and guarantees against further US‑Israeli attacks. The standoff push
Capital B Raises $17.8M to Expand Bitcoin Treasury
Capital B raised $17.8 million from prominent backers Adam Back and TOBAM to expand its Bitcoin treasury, boosting its shares by 4.3% despite a year-to-date decline. The move stands out in a quiet fun
JPMorgan Lifts Kospi Target to 10,000 on AI Memory
JPMorgan has lifted its bullish target for South Korea's Kospi to 10,000 points, citing a surge in AI‑memory demand. The index just posted a fresh all‑time high, driven by Samsung and SK Hynix’s AI‑fu
European stocks split, shares tumble Iran talks stall
European equities were split on Monday as the latest deadlock in U.S.–Iran peace talks dented market optimism, dragging defense stocks sharply lower. While London and Milan rose, Frankfurt and Paris f
Indonesia’s Debt Nears 10 Quadrillion Rupiah Wall Looms
Indonesia’s sovereign debt is nearing a 10 quadrillion‑rupiah ceiling while soaring interest costs and a looming debt‑maturity wall strain fiscal space, and the new Danantara investment agency adds hi
OpenAI Lets 75 Staff Cash Out $30M Each in $6.6B Sale
OpenAI enabled a $6.6 billion secondary share sale in October 2025 that let more than 600 current and former employees cash out, with roughly 75 participants hitting the $30 million maximum cap at a r
China CPI & PPI Jump in April as Iran‑War Spurs Prices
China’s inflation data showed a sharp rebound in April, with consumer prices up 1.2% and producer prices climbing 2.8%, the fastest in over three years. The surge was fueled by higher global commodity
Iran Talks Stall, Dollar Rises, Oil Up, Futures Fall
Markets wobble as Iran’s peace talks stall, pushing the dollar up and oil higher while equity futures slip. Traders watch President Trump signal a possible military move to reopen the Strait of Hormuz
Cerebras hikes IPO price to $150‑$160 as demand spikes
Cerebras Systems is boosting its IPO price range to $150‑$160 per share and expanding the offering after receiving overwhelming demand, positioning the float as the largest global IPO of 2026.
Yardeni Forecasts S&P 500 at 8,250 Amid Earnings Surge
Yardeni projects the S&P 500 will climb to 8,250 this year on strong earnings, while other outlets echo a bullish outlook—Barron's sees a path to 8,000 and Franklin Templeton’s bold call has stunned W
Saylor signals another Bitcoin buy after hinting at selling in Q1 earnings call
Strategy, the Bitcoin‑heavy investment firm led by Michael Saylor, announced it will start selling portions of its 4% BTC stash to fund dividend payouts, a move that diverges from its long‑standing no
TechCrunch Mobility: Lime’s IPO gamble
Lime, the Uber‑backed e‑bike and scooter rental firm, has filed an S‑1 to go public, signaling a push toward profitability after climbing revenue and positive cash flow. Yet the filing reveals a $846
Fixed & Recurring Deposits Offer 5.5‑7.75% Returns
Fixed and recurring deposits provide low‑risk, guaranteed returns of 5.5‑7.75% across tenors from seven days to ten years, offering investors flexible tools for savings, goal‑based funding, and ladder
FD Rates 2026: How ₹1L–₹10L Grow in Top Indian Banks
Indian fixed deposit rates among major banks currently range from 6% to 7.25% annually, with senior citizens earning 50 basis points extra, though actual post-tax returns depend on compounding method
Three young DeFi apps return $100M in revenue to token holders in 30 days
DeFi is moving from hype to hard earnings, as data from DefiLlama shows top protocols delivering real holder revenue. Users warn that without cash flow, projects will be devalued in a tightening monet
SEC delay on prediction markets ETFs echoes a long-fought bitcoin fund battle
The SEC’s pause on 24 prediction‑markets ETFs, filed by Roundhill, Bitwise and GraniteShares, signals a cautious stance from the Trump‑era regulator even as it touts a break from “regulatory creep.” T
Alphabet Beats Nvidia in Market Cap, Stock Up 160%
Alphabet’s shares have surged 160% in a year, briefly overtaking Nvidia in market cap as investors reward its end‑to‑end AI stack—from chips and models to cloud services. Analysts cite a booming cloud
Wall Street Picks Brookfield & Diamondback Dividends
Top Wall Street analysts, as tracked by TipRanks, flag three dividend‑paying stocks for stable income, spotlighting Brookfield Infrastructure Partners (BIP) with a 5% yield and rising cash flow, and D
3 AI Stocks to Buy Immediately - InvestorPlace
InvestorPlace forecasts that AI infrastructure stocks will outstrip the S&P 500 by 2026, a view echoed by other outlets highlighting the sector’s explosive growth. The Motley Fool notes Nvidia’s partn
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