Latest Market News
Fed Rate Cut Hopes Dashed: Market Now Bets on Hike
Strong May jobs report pushes odds of Fed rate hike to 70%, sending Treasury yields higher and weighing on stocks.
Nvidia CEO's South Korea Visit: Cultural Diplomacy Meets Chip Strategy
Jensen Huang's South Korea trip blends K-pop, baseball, and barbecue with strategic talks amid US-China tensions and Senate testimony.
S&P Falls Despite Blowout Jobs Data as Tech Rout Deepens
U.S. stocks slid Friday as a stronger-than-expected May jobs report dashed rate-cut hopes, while a global tech selloff triggered by Broadcom's earnings deepened.
Broadcom Earnings Trigger Global Tech Rotation Out of AI
Broadcom's disappointing revenue miss sparks a global sell-off in AI and chip stocks, with investors rotating into defensive sectors. European and Asian markets tumble.
Hong Kong Enlists Global Banks to Scale Tokenized Bonds
HKMA forms expert group with JPMorgan, HSBC, UBS to drive tokenized bond adoption, building on past digital bond issuances.
Bitcoin, Ethereum, XRP Test Key Resistance as Institutional Shift Looms
Bitcoin, Ethereum, and XRP struggle at resistance amid institutional rotation and regulatory catalysts. Gemini AI predicts a breakout to $80K if the Digital Asset Market Clarity Act passes.
MicroStrategy, Tesla Lead $62B Crypto Rout as Model Frays
Corporate Bitcoin holdings suffer $62B loss. MicroStrategy, Tesla, Marathon Digital lead decline. Structural flaws exposed as fair-value accounting hits earnings.
Israel-Lebanon ceasefire boosts markets, oil falls
Oil slides 3% on Israel-Lebanon ceasefire hopes, while gold gains and stocks mixed. Dollar dips, yen nears intervention zone. Markets eye Iran peace talks.
AI Chip Boom Fuels Korea, Taiwan Markets, But Japan Offers Better Risk-Reward: Barclays
South Korea and Taiwan have soared on AI semiconductor demand, but extreme market concentration in a few chipmakers raises vulnerability. Barclays suggests Japan offers better risk-reward with diversified AI exposure.
Bitcoin Drops to February Lows, Erasing Geopolitical Rally
Bitcoin fell to $61,322, its lowest since February, as the geopolitical premium built on Middle East tensions evaporates. Technical and narrative implications analyzed.
USDC Stablecoin Powers First Fannie Mae Bitcoin-Backed Mortgage
Coinbase and Better.com close first Fannie Mae mortgage using BTC and USDC as collateral, marking a milestone for crypto in traditional lending.
Bitcoin-Backed Mortgages Go Mainstream: Fannie Mae Approves First Crypto-Collateralized Loan
Fannie Mae backs its first Bitcoin-collateralized mortgage via Coinbase and Better, enabling borrowers to pledge BTC without selling. A new era for crypto in real estate.
Pershing Square Exits UMG: London Offices in Spotlight After $1.5B Sale
Pershing Square sells $1.5B UMG stake, triggering a 5.8% share drop. London offices become focal point as buyback program absorbs 250M euros.
USDA Confirms New World Screwworm in Texas, Triggers Emergency Response
The USDA confirmed the first U.S. case of New World screwworm since 2017 in a Texas calf. Emergency containment and a new Merck treatment are deployed.
Biotech Deal Surge Defies Iran War Inflation: $106B in 2026
Biotech deals hit $106B in 2026 despite Iran war inflation, driven by patent cliffs and China scouting. Industry adapts with strategic M&A.
Hong Kong Market Hours Unchanged Amid Global Tokenization Wave
Hong Kong keeps trading hours steady while tokenization reshapes global markets. Analysis of regulatory stance and market impact.
Stock Splits Don't Create Value: CrowdStrike's Drop Proves It
CrowdStrike's post-earnings selloff despite a stock split highlights a key truth: splits don't create value. We analyze the market's real drivers.
Anthropic Taps Top Banks for IPO, Signaling AI Listings Wave
Anthropic selects Morgan Stanley, Goldman Sachs, JPMorgan for IPO, potentially listing by October 2026, as AI and quantum IPOs heat up.
Amazon Engineers Slam Layoffs as $200B AI Spend Looms
Amazon engineers criticize mass layoffs while company plans $200B AI infrastructure spend. Seattle pauses data centers. Exclusive analysis.
India Scraps Capital Gains Tax on Foreign Bond Investors
India plans to scrap capital gains tax on foreign portfolio investments in government securities to boost inflows and support the rupee.