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Finance News Summary Today — Page 97
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S&P 500 Hits Record, Nasdaq Scores Sixth Weekly Win
The S&P 500 closed at a fresh record, extending its weekly winning streak to the longest since 2024, while the Nasdaq posted its sixth consecutive weekly gain, buoyed by chip stock rallies and upbeat
CoreWeave Shares Drop 10% After Weak Guidance
CoreWeave’s chief executive praised the latest earnings as transformational, but the company’s stock tumbled roughly 10% after it warned of weaker revenue guidance and higher spending. Analysts and th
Coinbase Q1 Loss, Revenue Miss, Derivatives Volume Up
Coinbase posted a $1.49‑per‑share loss for Q1, missing revenue forecasts as crypto prices slumped, while its stablecoin earnings rose and derivatives trading volume surged. The mixed results highlight
S&P 500 Call Options Hit $2.6T, Lifting Bitcoin
Wall Street’s record‑high $2.6 trillion of S&P 500 call options shows a massive bullish bet, spilling into crypto as Bitcoin climbs above $80,000. Analysts from QCP Capital and Goldman Sachs agree the
Bitcoin Slips to $79K With 10-Year Funding Record
Bitcoin retreated to around $79,000 from a midweek $81,500 high as U.S. strikes on Iranian targets rattled risk markets, while crypto futures funding rates stayed negative for a record 67 straight day
Anthropic Mulls $50B Fundraise at $900B Valuation
Anthropic is poised to raise up to $50 billion, valuing the AI startup at about $900 billion and bringing its annual revenue near $45 billion. The influx of capital could push Anthropic ahead of rival
Oil Futures Rise Iran Clash; Trump Tariffs Blocked
Oil markets surged as U.S. forces struck Iranian targets after naval attacks, while a federal court halted President Trump’s 10% tariff plan, underscoring heightened geopolitical risk and legal pushba
Stock Futures Flat amid Iran Tensions, Jobs Awaited
After a run of record highs for the S&P 500 and a historic winning streak for the Nasdaq, U.S. stock futures have gone flat as investors watch the flare‑up between the United States and Iran and brace
Elon Musk gains sweeping power in SpaceX IPO
SpaceX’s upcoming IPO is poised to turn early investors into billionaires, but it has drawn sharp criticism. A major union argues the deal defies financial logic, while Reuters notes the offering will
Bitcoin pulls $1bn inflows, institutional demand
Fund managers see Bitcoin as the most promising digital asset, and institutional money is flowing in via crypto ETFs and exchange‑traded products. A week of nearly $1 bn net inflows into U.S. spot Bit
Coinbase Loss Triggers 5% Stock Drop, Cuts 14% Staff
Coinbase’s Q1 earnings miss, driven by falling crypto prices, sent the stock sliding over 5% and revealed a $1.49‑per‑share loss versus expected profit. While revenue fell short across trading and sub
Coinbase Posts $400M Q1 Loss, Shares Slide 4%
Coinbase posted a first‑quarter loss of nearly $400 million, its second consecutive loss as crypto trading volumes fell and prices slipped. Revenue also declined, and the stock slid about 4 % in after
Citi Shares Fall, Target Misses, CEO Fraser Pushes
Citi’s stock slipped after the bank announced a lower‑than‑expected return target, while CEO Jane Fraser is steering an overhaul aimed at higher profitability. Investor‑day remarks also revealed a foc
Whirlpool Cuts Earnings Guidance Amid Iran War
Whirlpool’s sharp earnings cut and 12% stock plunge underscore how the Iran conflict is already dampening big‑ticket consumer spending, a contrast to the broader market’s record‑high rally and JPMorga
Citi Pushes Turnaround, Shares Slip on Missed Target
Citi is urging investors that its costly turnaround is finally over, but the market remains skeptical as the stock slipped on a weaker‑than‑expected return target. CEO Fraser’s operator‑led overhaul a
Futures Hit Record; Nvidia Gets 5 New Buy Ratings
U.S. equity futures surged to record levels, buoyed by a fresh all‑time high in the S&P 500 and a flat‑lined Nasdaq as investors bet on a looming US‑Iran diplomatic breakthrough. Nvidia stood out, add
Ben Cowen: Altcoin purge needed as Bitcoin hits $81k
Ben Cowen warns that a sweeping purge of altcoins—already in motion since 2021—is essential for Bitcoin to sustain a lasting bull market. As Bitcoin’s dominance climbs above 60% and its price hovers n
U.S. Treasury to Borrow $2 Trillion This Year
The U.S. Treasury announced it must borrow $2 trillion in 2024—over $166 bn each month—to keep the government running. Fortune, Reuters and Barron's all note the borrowing outlook has risen sharply, e
South Korea Index Becomes Worldbeater in 2026
South Korea’s stock market index, now dominated by technology firms and new‑industry exposure, has vaulted to the top of global rankings in 2026. Meanwhile, Canada’s index remains weighted toward trad
Anthropic Gains Full Access to SpaceX Colossus 1
Anthropic and SpaceX have struck a deal giving the AI startup full access to SpaceX's Colossus 1 supercomputer, a move that could power Claude and marks a step toward space‑based data centers.
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