Latest Market News
Strong US Jobs Data Revives Fed Rate Hike Fears, Triggers $1.7B Bitcoin ETF Outflows
US jobs report boosts Fed rate hike odds, sparking $1.7B Bitcoin ETF outflows and a tech sell-off. Crypto diverges from equities amid macro uncertainty.
Asian Tech Rout Deepens as KOSPI Triggers Circuit Breaker
South Korea's KOSPI plunged over 8%, triggering a circuit breaker, amid a broad Asian tech rout. Bitcoin diverged, rising 3% to $63K.
World Cup 2026: Deutsche Bank, Goldman See $15B Boost
As the 48-team World Cup kicks off in North America, Deutsche Bank and Goldman Sachs predict a $15B economic impact. AI, private markets, and SpaceX IPO also draw investor attention.
South Korea Nominates Ex-Naver CEO Han Seongsook as PM to Lead AI Transformation
President Lee Jae Myung picks Han Seongsook, former Naver CEO, as prime minister. If confirmed, she would be first female PM in 20 years, tasked with AI transformation.
Australia's Social Media Ban Risks Cementing Big Tech Dominance
Bluesky COO warns that Australia's under-16 social media ban could entrench Big Tech monopolies by making it nearly impossible for smaller platforms to compete.
US Bank Consortium to Launch Tokenized Deposit Network by 2027
JPMorgan, Citi, and others plan a shared tokenized deposit network for instant, 24/7 settlement, aiming to transform traditional banking payments.
From Fentanyl to Peptides: Bigreat Technology's Crypto-Fueled Pivot
Chinese chemical firm Bigreat Technology leveraged cryptocurrency to shift from supplying fentanyl precursors to selling gray-market peptides, evading law enforcement.
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.
Quantinuum IPO Raises $1.68B as Quantum Computing Goes Mainstream
Quantinuum's $1.68B Nasdaq IPO signals surging investor confidence in quantum computing, despite high costs and tech hurdles.
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.
Broadcom Stock Plunges 10% on Weak Software Sales, AI Forecast Unchanged
Broadcom's stock drops 10% after weak software sales overshadow strong AI chip demand, raising concerns about revenue diversification.
France Tech Sovereignty Hits Key Moment as SpaceX IPO Looms
France pushes EU tech sovereignty amid SpaceX's $135/share IPO and Quantinuum's $1.68B listing, reshaping global tech dynamics.
Mastercard Expands Stablecoin Settlement Across 8 Networks
Mastercard adds stablecoin settlement on 8 blockchains, enabling 24/7 settlement with USDC, PYUSD, RLUSD, and more. First users include ARQ, CBW Bank, and Nuvei.
Bitcoin ETF Outflows Hit $2.9B as Geopolitical Shock Triggers $400M Liquidation Cascade
Spot Bitcoin ETFs see $2.9B outflows amid US-Iran tensions, $400M liquidations, and extreme fear. Technical breakdown below $72K shifts structure to distribution.
Asian Tech Stocks Hit All-Time Highs as AI Boom Fuels Rally
Asian equities reached a record high led by tech, with Nvidia's PC push and SoftBank's AI investment driving gains despite geopolitical tensions.
South Korea's Tech Rally Drives Kospi to New Record High
South Korean stocks hit fresh highs as tech stocks surge, with Samsung Electronics jumping over 10%. The rally bucks mixed Asia-Pacific markets.
Bitcoin Reclaims $73K, 50-Day MA Tested as Support
BTC rebounds to $73,000, retesting the 50-day MA as support. ETF inflows resume, but geopolitical risks and leveraged liquidations linger.
ETH Dead-Cat Bounce: Why This Isn't a Trend Reversal
Ethereum's 10% monthly gain masks a bearish dead-cat bounce, with ETF outflows and dominance decline signaling further downside.
SoftBank Bets โฌ45B on France as Europe's AI Powerhouse
SoftBank plans โฌ45B AI infrastructure investment in France over five years, marking its largest European push amid soaring energy costs and global AI race.