News
Chinese semiconductor stocks rise on optimism over Huawei's chip plans
31+ min ago (411+ words) Huawei's unveiling of a novel chip architecture sent SMIC shares soaring over 17% and reignited confidence in China's ability to build advanced semiconductors without Western tools. Huawei just told the world it found a workaround. And the market believed it. Chinese…...
US consumer discretionary index hits 20-year low relative to S&P 500 as investors chase AI instead
34+ min ago (472+ words) The gap between consumer stocks and the broader market hasn't been this wide in two decades, and it tells a story about where money is actually flowing. Something unusual is happening in American equity markets. The S&P 500 keeps grinding…...
Ark Invest's Cathie Wood predicts Bitcoin could reach $750 K to $1. 2 M in five years
1+ hour, 40+ min ago (446+ words) The Ark Invest CEO laid out her latest Bitcoin thesis in a Fox Business interview, citing generational wealth shifts, emerging market adoption, and institutional allocation as key catalysts. Cathie Wood thinks Bitcoin is going to at least 10x from here. The…...
US Treasuries rally as Trump signals progress in Iran negotiations, crypto markets follow suit
2+ hour, 12+ min ago (319+ words) The $31 trillion Treasuries market found relief as geopolitical optimism spilled over into Bitcoin and broader digital assets. Treasury yields dropped sharply after President Donald Trump announced that US-Iran negotiations had entered their "final stages," triggering a broad rally across the…...
Asia-Pacific markets set to rise as oil prices fall on US-Iran talks
2+ hour, 36+ min ago (263+ words) A $4-per-barrel drop in crude is sending ripples through equities and crypto alike, with Bitcoin approaching $82 K as geopolitical tensions ease. Oil just got a lot cheaper, and markets across Asia are waking up in a good mood because of…...
Zonda Capital to change ticker to ZOND, increase Bitcoin exposure via US ETFs
2+ hour, 5+ min ago (502+ words) Argentina's first publicly listed Bitcoin treasury company plans to channel holdings through Black Rock's IBIT, giving local investors regulated access to BTC without self-custody headaches. Argentina just got its first publicly listed Bitcoin treasury company, and it's taking a page…...
Elon Musk to unveil detailed AI satellite design in coming weeks
2+ hour, 38+ min ago (399+ words) Space X is building data centers in orbit, and the first detailed blueprint is imminent. Elon Musk announced on May 25 that he plans to present a more detailed design for a new AI satellite in the coming weeks. The reveal…...
Morgan Stanley questions AI's impact on US economic elasticity
3+ hour, 56+ min ago (384+ words) The bank's global head of fixed income research says AI capital spending is 'uniquely price insensitive,' with $800 billion flowing in 2026 regardless of soaring input costs. Here's something economists don't see every day: companies spending more money precisely when things get…...
Tether launches GELT stablecoin backed by Georgian government
3+ hour, 47+ min ago (277+ words) The stablecoin giant partners with Georgia to create a lari-pegged digital currency, marking one of the most direct government endorsements of a Tether product to date. Tether is building a stablecoin for the Republic of Georgia. The token, called GEL…...
Treasury yield gap narrows as traders bet on Federal Reserve's higher-for-longer rates under Warsh
3+ hour, 50+ min ago (475+ words) The new Fed chair's hawkish stance on inflation has flipped market expectations from rate cuts to potential hikes, reshaping the bond landscape. The bond market is repricing reality. Since Kevin Warsh took the oath as the 17th Chair of the Federal…...