Daily summary: record Saudi investment in the U.S. fuels Wall Street rally 📄
Wall Street continues to climb, driven by today’s news of a major investment by Saudi Arabia in the United States. The total investment is...
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Market news
18,000 Blackwell chips for the company Humain will be delivered to a single 500 MW data center; full expansion envisions “several hundred thousand” units. The planned agreement gives the U.S. control over both physical and cloud access to Saudi data centers to prevent...
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Coinbase Global, the largest US cryptocurrency exchange, is set to join the S&P 500 index before the start of trading on May 19, 2025, replacing Discover Financial Services. This marks a historic milestone not only for the company itself but also for the broader cryptocurrency industry, with Coinbase...
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The China/ US trade deal is the latest piece of good news to boost stock markets. One stock market sector has been a notable outperformer in recent days: tech. Big tech and the Magnificent 7 have had a stunning rally in the last few days, and the overall Magnificent 7 is higher by nearly 10% so far...
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Wall Street continues to climb, driven by today’s news of a major investment by Saudi Arabia in the United States. The total investment is...
18,000 Blackwell chips for the company Humain will be delivered to a single 500 MW data center; full expansion envisions “several...
Coinbase Global, the largest US cryptocurrency exchange, is set to join the S&P 500 index before the start of trading on May 19, 2025, replacing Discover...
According to Chinese Finance Ministry, the country will cancel additional tariffs imposed on the US products under two later rounds of measures. Ministry...
The China/ US trade deal is the latest piece of good news to boost stock markets. One stock market sector has been a notable outperformer in recent...
The US CPI report for April surprised on the downside. The headline CPI rate rose by 2.3% YoY, down a notch from the 2.4% expected. The core rate was steady...
Traders continue to bet on 1st Fed rate cut in September, 2nd Fed cut in October. Traders keep wagers on two Fed rate cuts by the end-2025. 01:30...
Today’s CPI data from the United States, published at 2:30 PM, is this week’s most important macroeconomic report. Before the release, the...
Shares of Coinbase (COIN.US), one of the largest cryptocurrency exchanges, are gaining over 9% before the opening of today's session after it was announced...
Shares of Scandinavian commercial real estate giant SBB Norden (SBBB.SE) are up almost 24% today after the heavily indebted company reported net profit...
10:00 AM BST, Germany - German ZEW Economic Sentiment for May: actual 25.2; forecast 11.3; previous -14; 10:00 AM...
Stock markets are on pause this morning, after strong gains at the start of this week. Stocks in Europe have edged lower this morning and US equity market...
The Nasdaq 100 index retreated 0.5% to 20,824 points on Tuesday, cooling after Monday's explosive 4.4% rally as investors awaited key inflation data...
07:00 - UK Employment Data UK Unemployment Rate: 4.5% vs Forecast 4.5%, Previous 4.4% UK Employment Change SA: -33k vs Forecast -32k,...
Today's economic calendar features critical US inflation data, UK employment figures, and German economic sentiment readings. Markets will closely...
Asian markets rise on US-China tariff deescalation with Japan's Nikkei 225 and TOPIX leading regional gains, rallying 1.7% and 1.2% respectively....
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