Bond traders are wagering that inflation figures this week will show the strongest price pressures in several years, adding to pressure on the Federal Reserve to raise interest rates.
Bitcoin crashed below $62,000 this week as $1.6 billion in leveraged positions got wiped across exchanges. Strategy broke a four year streak and sold 32 BTC for the first time since 2022. 3 Top Crypto To Buy Now is the
Top space stocks, which surged in recent months on anticipation of the SpaceX IPO, have suffered a sharp reversal in recent days, wiping out billions of dollars in market value. Top Space Stocks Have Plunged This Month Rocket Lab (NASDAQ: RKLB ) stock has dropped by 27% from its highest point this year, and is trading at its lowest point since May 11. Its market capitalization has dropped from $87.2 billion to $63 billion. Planet Lab (NYSE: PL ) stock retreated to $32 from this month's high of $51, with its valuation falling from $18.40 billion to $11.50 billion. This retreat accelerated after the company published its financial results last week. Its number showed that its revenue rose by 42% to $94.2 million, while its adjusted EBITDA was a loss of $1 million. At the same time, its backlog jumped by 72% YoY to $906 million. The management expects that its second-quarter revenue will be between $102 million and $107 million, with its capital expenditure coming in between $21 million and $27 million. data-variant="card" ... Full story available on Benzinga.com
The race to take artificial intelligence public now has both of its biggest names in it. OpenAI is working with Goldman Sachs and Morgan Stanley on a confidential IPO filing, targeting a public debut as soon as September 2026, with a private-market valuation of roughly $730 billion to $850 billion.
SpaceX begins trading on the Nasdaq on Friday. Is valuation too much? May CPI expected to show renewed pressures. Oracle earnings spotlight AI cloud growth.
The crypto bull run of 2026 just received its strongest regulatory signal yet. The CFTC approved the first Bitcoin perpetual futures contract on a US regulated exchange on May 29, giving American traders access to the product that dominates global
A high-level Norwegian delegation led by Andreas Kravik, Norway’s Deputy Minister of Foreign Affairs, visited Lagos today to engage with key participants in Nigeria’s innovation ecosystem, underscoring growing international interest in the country’s entrepreneurial talent, technology sector and long-term economic potential. Hosted at the headquarters of OmniRetail, the award-winning B2B e-commerce and supply chain technology [...] The post Norwegian Deputy Minister Leads Innovation-Focused Visit to Lagos, Signalling Growing Confidence in Nigeria’s Entrepreneurial Ecosystem appeared first on Nairametrics .
Bank of Canada likely to hold rates as economy stagnates The Globe and Mail Amber Kanwar’s Weekly Setup: Bank of Canada decision day, Dollarama and the U.S. housing market The Globe and Mail BoC expected to hold rates through 2026, look past temporary inflation pressures Reuters Bank of Canada may soon feel the need to raise rates because of inflation. But the logic may not make sense this time Toronto Star Ottawa's budget watchdog predicts Bank of Canada will hike interest rate to 2.75% in 2027 Financial Post
Central bank widely expected to keep policy rate at 2.25% this week
ARK Invest added to Coinbase (NASDAQ: $COIN) and Circle (NYSE: $CRCL) across two sessions, using a sharp pullback i...
The meme coin market dropped 9% in one day while Bitcoin crashed under $62,000 and $1.57 billion in leveraged bets vanished across the market. DOGE holders who stayed through the late 2024 rally have now lost 87% from the peak,
The comparison between Humanity Protocol's H token and AlphaPepe is reaching its most instructive moment as H hits the profit-taking zone that follows sharp bear market rallies and AlphaPepe pulls the pre-chart buyers who are drawing the correct lesson from