News Events

Track the evolution of major financial and economic events

All Breaking Developing Ongoing Fading Resolved

All Central Banks Forex Commodities Stocks Crypto Macro Geopolitics

Blackstone Closes Third Asia Fund at $13.1 Billion, Exceeding Targets

On June 2, Blackstone closed its third Asia private-equity fund (BCP Asia III) at $13.1 billion. The new fund exceeded its initial fundraising target of $10 billion.

2 articles2 stories

BX

Resolved·about 2 months ago

Stocks

Sterling Infrastructure EPS Jumps 120% as Company Raises Full-Year Outlook

Sterling Infrastructure reported a 120% increase in adjusted EPS for Q1 2026, driven by surging revenue and a record backlog. The company also raised its full-year outlook, reflecting strong market performance.

0 articles0 stories

STRL

Resolved·about 2 months ago

Stocks

Cboe Wins SEC Approval for 23-Hour U.S. Equities Trading

On June 1, Cboe Global Markets received SEC approval to launch 23x5 U.S. equities trading on its EDGX Exchange. This move will allow investors to trade U.S. stocks for 23 hours a day, five days a week, enhancing market liquidity and trading flexibility.

2 articles2 stories

CBOE

Resolved·about 2 months ago

Stocks

HPE Stock Surges Toward Record Highs on AI Networking Demand

HPE stock recorded its best day ever with a 25% surge following a historic earnings beat. HPE also raised its FY26 outlook due to a record AI server backlog and strong Q2 results.

33 articles4 stories

HPEDG+5

Resolved·about 2 months ago

Stocks

HPE Stock Surges Toward Record Highs on AI Networking Demand

HPE's stock surged toward record highs due to increased demand for networking products, with the company's earnings reflecting significant revenue growth driven by artificial intelligence. Marvell Technology's shares jumped over 25% following NVIDIA's CEO endorsement. Meanwhile, HPE raised its annual sales forecasts, leading to a record spike in its stock prices.

0 articles0 stories

HPE

Resolved·about 2 months ago

Stocks

Alphabet to Raise $80B for AI Expansion with $10B Berkshire Hathaway Backing

Alphabet Inc shares experienced a decline on Monday following the announcement of plans to raise new capital. The funds are intended to finance the company's artificial intelligence infrastructure expansion. This move reflects the firm's strategic focus on scaling its AI capabilities.

12 articles3 stories

GOOGGS

Resolved·about 2 months ago

Stocks

Berkshire Hathaway Boosts AI Bet with $10 Billion Alphabet Investment

On June 5, Alphabet announced it is seeking to raise $85 billion through equity sales, an increase of $5 billion from the original target. Additionally, Alphabet's stock is set to finish down for the fourth consecutive week as investor sentiment shifts.

11 articles6 stories

GOOGLGOOG+4

Resolved·about 2 months ago

Stocks

Praxis Precision Medicines Tumbles as Epilepsy Study Fails to Meet Goal

The POWER1 study evaluating the efficacy of vormatrigine in patients with focal onset seizures failed to meet its primary success measure. As a result, Praxis has paused enrollment in the POWER2 study to reassess the vormatrigine program and determine potential modifications. However, higher doses (30 mg) showed a more pronounced reduction in seizures, and the drug was generally well-tolerated.

5 articles4 stories

PRAX

Resolved·about 2 months ago

Stocks

Salesforce and Seagate Stocks Surge on AI Investments and Earnings Beat

Salesforce stock surged 9.89% after Q1 earnings beat expectations, and the company announced a $5 billion investment in AI firm Anthropic. Seagate stock rose 6.71% driven by strong Q3 results and optimistic Q4 guidance focused on data center storage solutions. Additionally, Salesforce announced a significant $25 billion share repurchase program and raised its fiscal year 2027 revenue guidance.

0 articles0 stories

CRMSTX

Resolved·about 2 months ago

M&A

Barry Diller Proposes $18B Buyout of MGM Resorts

On June 1, Barry Diller's People Inc. submitted a proposal to acquire the remaining shares of MGM Resorts for $48.30 per share in cash. The total value of the deal is estimated at around $18 billion.

8 articles2 stories

MGM

Resolved·about 2 months ago

Stocks

Yum! Brands in Talks to Sell Pizza Hut for $4.3 Billion to Slash Debt

Yum! Brands is in exclusive talks to sell Pizza Hut to LongRange Capital for an estimated $3.6 to $4.3 billion. The sale of Pizza Hut is seen as a significant threat to competitors like Domino's and Papa John's. Wedbush Securities believes the deal will be a positive catalyst for Yum! Brands, and it is expected to lead to aggressive restructuring and lower costs.

3 articles2 stories

YUM

Resolved·about 2 months ago

Stocks

Honeywell to Unveil 2026 Financial Outlook Following Aerospace Spin-off

RBC Capital raised Honeywell's price target to $275 as the company prepares to spin off major divisions, including Honeywell Aerospace, to improve operational efficiency. Following a strong Nasdaq debut, Honeywell's quantum computing unit, Quantinuum, reached a valuation of $17.63 billion. The company has reaffirmed its full-year 2026 financial guidance ahead of the Aerospace spin-off, which is officially scheduled to take place on June 29, 2026.

3 articles3 stories

HON

Resolved·about 2 months ago

Geopolitics

US-Iran Ceasefire Talks Stall as Tehran Alleges Compliance Violations

US-Iran ceasefire talks have stalled as Iran's chief negotiator Ghalibaf claimed that the naval blockade and escalation in Lebanon are evidence of US noncompliance with the ceasefire. Meanwhile, Senator Rubio indicated that there is a prospect that Iran has agreed to negotiate aspects of their nuclear program that they previously refused to mention.

0 articles0 stories

Resolved·about 2 months ago

Stocks

Zeekr Hits Record May Deliveries with 81.8% Growth Amid Premium EV Demand

Zeekr achieved a record in vehicle deliveries in May, delivering 34,377 cars, which represents an 81.8% year-on-year increase. This significant growth comes amid rising demand for premium electric vehicles.

0 articles0 stories

0175.HK

Resolved·about 2 months ago

Stocks

Global Smartphone Market to Shrink 13.9% Amid Record Chip Shortage

The global smartphone market is projected to shrink by 13.9% this year, reaching 1.08 billion units. This contraction is occurring amid a record chip shortage, significantly impacting production and sales in the market.

0 articles0 stories

Resolved·about 2 months ago

Stocks

SoftBank Commits €75 Billion to France for AI Data Center Expansion

On June 1, SoftBank CEO Masayoshi Son announced a €75 billion investment commitment in France. The investment aims to build 5 gigawatts of AI data center capacity in the country. However, SoftBank's shares fell 10% on June 4 amid a broader tech sell-off, raising market concerns over SoftBank's high-risk bets on AI.

0 articles0 stories

9984.T0R15.L+2

Resolved·about 2 months ago

Stocks

Honeywell to Split into Two Independent Public Companies by June 2026

Honeywell's Board has finalized a plan to split into two independent public companies by June 29, 2026: Honeywell Technologies (Automation) and Honeywell Aerospace. The aerospace entity will trade on Nasdaq under the ticker HONA, with a reverse stock split occurring concurrently with the spin-off. Additionally, Honeywell's Quantinuum unit successfully raised $1.68 billion in an IPO priced above its initial range. The company reaffirmed its 2026 full-year guidance, projecting total sales between $38.8 billion and $39.8 billion.

25 articles15 stories

HONHONA

Resolved·about 2 months ago

M&A

Berkshire Hathaway to Acquire Taylor Morrison for $8.5 Billion

Berkshire Hathaway announced its acquisition of homebuilder Taylor Morrison for $8.5 billion, with a cash payment of $72.50 per share. The deal includes equity valued at approximately $6.8 billion. Meanwhile, Berkshire is investing an additional $10 billion in Alphabet, which plans to raise $80 billion to fund its AI investments. The United States may be on track to implement its first comprehensive housing legislation in decades, aimed at limiting institutional investors' purchases of single-family homes.

12 articles5 stories

BRK.ABRK.B+1

Resolved·about 2 months ago

Crypto

White House Targets July 4 for CLARITY Act Signing to Regulate Crypto

The White House has set July 4 as the target date for President Trump to sign the CLARITY Act into law to regulate cryptocurrencies. SEC Chair Paul Atkins urged Congress to pass the bill so that both the SEC and CFTC can begin implementation.

2 articles2 stories

Resolved·about 2 months ago

Macro

Markets Await US Jobs Report and Major Tech Earnings to Gauge Rate Path

On June 4, Wall Street investors are increasingly worried about US debt sustainability and are demanding higher yields. The Treasury market is eyeing Friday's non-farm payrolls report as a critical indicator for interest rate paths.

76 articles29 stories

XAUUSDGBPUSD+11

Resolved·about 2 months ago

Stocks

Carnival Reinstates Dividend After Strong Q1 Growth and Record 2026 Bookings

Carnival reported a 6% revenue growth and an 11% operating earnings growth in Q1 2026. The company also reinstated a quarterly dividend of $0.15 per share, with 85% of 2026 capacity already sold.

2 articles2 stories

CCL

Resolved·about 2 months ago

Stocks

NetApp Beats Q4 Estimates with 12.47% Revenue Growth

On May 31, NetApp reported an EPS of $2.43, beating estimates by $0.16. The company's revenue reached $1.95 billion, representing a 12.47% year-over-year increase.

0 articles0 stories

NTAP

Resolved·about 2 months ago

Stocks

SoftBank to Invest $52 Billion in French AI Data Center Network

SoftBank announced a $52 billion investment in a French AI data center network. The company also committed €75 billion to France for the expansion of AI data centers. This investment aims to enhance the AI infrastructure in the country.

7 articles4 stories

9984.TSOL

Resolved·about 2 months ago

Commodities

ExxonMobil Executive Warns of Potential Oil Price Spike to $160

On May 30, ExxonMobil Senior VP Neil Chapman warned that global crude oil prices could soar to $160 per barrel. This warning is driven by dwindling global commercial inventories reaching critically low levels.

0 articles0 stories

XOM