The AI boom is starting to reward proof over promise. The stocks getting paid now are not just the companies talking about artificial intelligence. They are the ones showing where AI is turning into actual business: servers being ordered, data platforms being used, and power storage being contracted. That is why Dell Technologies (DELL), Snowflake…
By Stephen Culp NEW YORK, May 29 (Reuters) – U.S. stocks followed world shares higher and crude prices retreated on Friday as investors neared the end of a holiday-shortened week with renewed hopes of progress toward a peaceful resolution to the Iran war. A narrow, tech-led rally lifted all three major U.S. stock indexes to…
By Saeed Azhar, Twesha Dikshit and Utkarsh Shetti NEW YORK, May 29 (Reuters) – Wall Street’s main indexes hit record closing highs on Friday and posted weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U.S.-Iran deal. President Donald Trump said in a social media post…
Every senior gold miner you own is a cash machine right now. I’m not referring to an old prospector with a pickaxe and a long, white beard. I mean large, established companies that operate multiple gold mines in a variety of locations. And with gold futures reaching above $4,600 this morning, the question is… which…
The line between Wall Street and crypto is dissolving. Every major US distribution player has moved into regulated stablecoin issuance in four months, collapsing Circle’s moat and sending down 30%. Meanwhile tokenized US stocks just hit a $3.57B daily volume ATH. As TradFi moves onto crypto rails and crypto trades stocks 24/7, the trades that…
In price news, a total of $7.5Bn in BTC and ETH options contracts is set to expire on Deribit on May 29, 2026. Bitcoin price accounts for $6.2Bn across 84,112 contracts, while accounts for $1.29Bn across 643,639 contracts. This expiry is smaller than April’s $9.87Bn, with Bitcoin trading at $73,350 and Ethereum at $2,003, both…
exchange-traded funds (ETFs) have recorded their ninth consecutive session of net outflows. The 13-fund Bitcoin ETFs in the U.S. have recorded a $228.88 million outflow as institutions have turned to selling BTC. Alongside, CryptoQuant reports that there is a shortage of new BTC buyers as ETF demand weakens. Against this backdrop, the BTC price has…
Summary Stocks did their thing on Thursday — and with one more day in May, equities seemingly have put together yet another impressive month. The S&P 500 is up 5% for the month, the Nasdaq has ripped higher by 8% after April’s 15% surge, and the Nasdaq 100 has popped 10% following last month’s 15.7%…
Market Overview The crypto market capitalisation rose by 1% over the past 24 hours, rebounding from the local lows reached the previous day, thanks to a shift towards riskier assets. However, the cryptocurrency market remains 10% below its local peak in early May and 43% below its global peak in October last year. By comparison,…
Republican lawmakers’ brokerage accounts have undergone a significant shift as GOP members of Congress load up on investments into areas touted by President Trump — in particular Intel (INTC) and bitcoin (BTC-USD). Lawmaker trading on both sides of the aisle remains controversial, but a longstanding portfolio divide along party lines is clearly evolving. Democrats’ investments…
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