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Broadcom hit record revenue of $22.2 billion led by a 143% surge in AI chip sales, while Veeva Systems outperformed its quarterly financial guidance.

Spot gold gained 0.7% as a softening US dollar and lower oil prices tempered global inflationary concerns and boosted demand for the safe-haven asset.
Institutional selling pressure intensifies as Wall Street investors dump Bitcoin ETFs, marking a significant reversal from the previous two-month buying spree.

The Japanese conglomerate's stock tumbled amid a broader Asian tech sell-off and investor anxiety over the risk profile of its aggressive AI investment strategy.
Sprott fund manager argues gold remains a strong hedge as the Fed is trapped between controlling inflation and managing rising debt risks.
RWT Capital closed the sale of Alberta-based H2Oil Energy to GFL Environmental amid a surge in energy sector mergers and acquisitions across Canada.
Spot Bitcoin ETFs recorded 10 straight days of outflows totaling nearly $3 billion, forcing the price to test key support levels.
Bitcoin fell below $73,000 and Ethereum breached the $2,000 psychological floor, triggering a technical correction across the digital asset market.
The retailer reported a 2% rise in comparable sales for Q1, exceeding guidance as consumer interest shifts toward next-generation AI-enabled personal computers.
SOLAI finalized a 51% controlling stake in Singapore's NEURALAND via a share exchange, aiming to integrate personal AI node manufacturing into its digital infrastructure.
The company's security division will deploy non-intrusive inspection solutions for cargo and vehicles at North American checkpoints under a new $19 million agreement.
New price data reveals inflationary pressures are permeating broader US economic sectors, fueled by geopolitical instability in the Strait of Hormuz.
The activist hedge fund is pushing the insurer to address its valuation discount relative to industry peers by exploring a potential sale.
The French government unveiled 71 new investment projects expected to create over 15,600 jobs, reinforcing Paris as a top destination for global capital.
Mastercard partners with Danish and Swedish central banks for a cross-border instant payment pilot leveraging the European TIPS platform.
Open interest climbs to 288,000 BTC with positive funding rates, signaling potential long squeezes as prices test psychological floors.

Oil prices maintain a bullish trend as geopolitical risks near the Strait of Hormuz and declining US stockpiles support a price premium.
The Swiss Franc underperforms as markets price out a swift US-Iran resolution, driving breakout momentum in CHF cross pairs.
India is tightening grid discipline for solar and wind projects to ensure stability, prompting investor warnings about potential impacts on capital returns.
Energy Transfer received a stock rating upgrade following its Q1 2026 report, as analysts cheered the company's strategic positioning in natural gas markets.
Bitcoin struggles to hold above $72,000 as prominent analysts forecast a technical correction that could see the cryptocurrency test the $60,000 support level.
Petrobras reduced domestic diesel prices to 3.3 reais per liter as part of a federal subsidy plan designed to offset fuel taxes in Brazil.
Spiro secured $215 million in a major funding round backed by institutional investors to accelerate electric vehicle adoption and energy infrastructure across Africa.
Investors focus on May nonfarm payrolls and tech earnings to gauge the sustainability of the S&P 500's record-breaking rally.
Ondas topped $110M in quarter-to-date orders for Q2 2026, fueled by a strategic expansion into defense programs and $30M in new May contracts.
A strategic deal integrates DOGE into regulated ecosystems, enabling access via major platforms like PayPal and Venmo.
Dow Jones futures rose 0.5% as President Trump urged market calm, citing progress in diplomatic talks despite ongoing regional tensions.
Zacks Investment Research has added Palantir (PLTR) to its Focus List, citing robust earnings growth trends and technical price strength as catalysts for outperformance.
The company initiated a clinical safety study for its feminine care products while confirming its 54th consecutive annual dividend increase.
The Solana ecosystem is rallying behind a proposal to introduce resource-based base fees that would be fully burned to accelerate disinflation.
Major cryptocurrencies including Bitcoin and Ethereum face sharp declines as 'extreme fear' grips market sentiment following significant whale liquidations.
The silver mining firm secured substantial capital through its U.S. listing, capitalizing on robust investor appetite for new stock offerings.
Moscow halts jet fuel exports to stabilize domestic markets as refinery runs hit 16-year lows following drone strikes.
Goldman Sachs projects Masco's revenue to reach $8.4 billion by 2029, driven by data-led operational efficiency and capital returns.
FactSet reached a new peak of $251.12, supported by a 27-year dividend growth streak and strategic partnerships despite a challenging year.
Coca-Cola and Xcel Energy emerge as top defensive picks, leveraging decades of dividend growth and strategic positioning in emerging infrastructure sectors.
ResMed acquired Noctrix Health to bolster its sleep health portfolio, while Freeman Health System expanded its regional footprint by acquiring Northwest Health.
TransMedics received an average 'Hold' rating from 13 firms after reporting an EPS of $0.30, missing the anticipated $0.62 for the first quarter.
Research firms set a $303.38 price target for Jabil following an EPS beat, while Huntington Ingalls maintains momentum with a 13.4% revenue increase.
Analysts maintain a consensus 'Buy' rating on Vistra Corp. with a $233.33 price target, fueled by Q1 earnings beats and an increase in quarterly dividends.
Ethereum breached the psychological $2,000 level as Bitcoin settled below its $68,000 pivot, while XRP dropped over 5% amid intensifying technical selling pressure.
The bank reported a 69% jump in adjusted earnings, leveraging rapid population and business expansion within its core South Carolina markets.
Moody's chief economist estimates the Iran conflict has drained $750 per household due to surging energy prices and expanded military expenditures.
The workwear services firm posted $623 million in revenue, driven by robust North American demand and a resilient long-term contract business model.
U.S. spot Bitcoin ETFs marked their longest redemption streak ever, with 11 consecutive sessions of outflows as capital rotates into surging AI-led stocks.
The rating agency maintains a stable outlook for the brokerage, citing its strong Hong Kong market position and robust capitalization.
Ethereum hit an intraday low of $1,955 as $742 million in long positions were liquidated amid persistent institutional outflows from Bitcoin ETFs.
Brent crude fell 1.24% to $96.60 per barrel as traders bet that the de-escalation could pave the way for broader deals involving Iran and secure energy supplies.