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News Events

Track the evolution of major financial and economic events

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Resolved·3 months ago
Crypto

CFTC Approves Kalshi Bitcoin Perpetual Futures in Major Regulatory Shift

The Commodity Futures Trading Commission (CFTC) has approved Kalshi's Bitcoin perpetual futures in a major regulatory shift. This decision marks a significant step in the regulation of the cryptocurrency market.

21 articles1 stories
Resolved·3 months ago
Central Banks

Geopolitical Tensions Drive 2.5pp Surge in Eurozone Consumer Inflation Expectations

ECB data revealed that consumer inflation expectations in the Eurozone surged by 2.5 percentage points due to geopolitical shocks, including the Iran war driving up fertilizer prices. The OECD warns that the war could lead to recessions in some countries and sharply higher inflation. In the U.S., inflation rates have surged significantly, prompting companies to freeze hiring, while Americans are trying to adjust to a new phase of reduced spending power.

1 articles1 stories
PreviousPage 61Next
Resolved·3 months ago
Stocks

Dell Margins Contract Despite Record 88% AI Server Revenue Growth

Dell's stock jumped 30% as AI server revenue soared 757% to a record $16.1 billion. The stock surged 40% on AI server demand while markets monitored US-Iran talks. Despite margin pressures, Dell and HPE stocks surged due to record demand for AI servers.

18 articles3 stories
Resolved·3 months ago
Stocks

Bristol Myers Drug Cuts Myeloma Risk by 52% in Pivotal Phase 3 Trial

On May 29, Bristol Myers Squibb announced that its experimental drug mezigdomide delayed disease progression in a late-stage trial for multiple myeloma patients. The results showed that the drug reduces the risk of disease by 52%. These findings represent a significant advancement in the treatment of this type of cancer.

7 articles2 stories
BMY
Resolved·3 months ago
Forex

RBI Intervenes to Support Rupee Amid NDF Maturity Pressures

On May 29, the Indian central bank intervened in the foreign exchange market to support the rupee. The rupee is under downward pressure due to the maturities of Non-Deliverable Forward (NDF) contracts.

0 articles0 stories
INR
Resolved·3 months ago
Stocks

MPS CEO Denies Banco BPM Merger Talks, Focuses on Mediobanca Integration

The CEO of MPS denied any merger talks with Banco BPM, stating that the current focus is on the integration of Mediobanca. This comes as the company aims to strengthen its position in the market.

17 articles11 stories
BTCETH+2
Resolved·3 months ago
Crypto

Bitcoin ETFs Hit Record 9-Day Outflow Streak as Investors Withdraw $2.8B

Bitcoin reclaimed the $73,000 level after hitting a multi-month low. Meanwhile, Bitcoin ETFs experienced a record outflow streak, with investors withdrawing $2.8 billion over a nine-day period.

26 articles1 stories
Resolved·3 months ago
Central Banks

Fed Independence Under Fire Amid Trump Pressure and Iran Conflict

The independence of the Federal Reserve is under pressure due to Trump’s influence and the conflict with Iran. US Treasury yields have surged as Kevin Warsh takes the helm at the Federal Reserve. Modest cuts to the Fed's balance sheet are expected despite Warsh's ambitious reform agenda.

4 articles3 stories
Resolved·4 months ago
Stocks

Dell Shares Surge 40% on Blowout AI-Driven Earnings Results

Dell shares jumped 30% to a record high following historic AI-driven earnings results. The company raised its FY27 AI revenue guidance after a 757% surge in server sales. Dell shares surged 30% on record AI server sales of $16.1 billion.

3 articles3 stories
Resolved·4 months ago
Stocks

Dell Shares Surge 40% on Blowout AI-Driven Earnings Results

Dell shares surged nearly 40% after hours on May 29, following a blowout earnings report driven by AI demand. The company's revenue grew by 88% in Q1, beating expectations by 22%. Additionally, the AI server backlog soared 256% to $51.3 billion. Despite gross margins contracting to 17.7% due to product mix and supply-side pressures, valuation multiples expanded sharply after a 36-37% overnight share price jump.

0 articles0 stories
DELLNVDA
Resolved·4 months ago
Geopolitics

NATO Warns of Russian Hybrid Attacks on Europe's Energy Grid

On May 29, NATO officials warned of Russian escalation targeting Europe's energy infrastructure, including gas pipelines and subsea electricity interconnectors. On June 4, Russia banned jet fuel exports until November 30, 2026. Ukrainian drone attacks on Russian refining infrastructure have pushed Russia's crude-processing rate to the lowest in over 16 years.

0 articles0 stories
Resolved·4 months ago
Geopolitics

Iran Claims US Aircraft Destroyed in Bushehr; No US Confirmation

On May 28, Iranian state media reported that a US aircraft was destroyed in the Bushehr region, but there was no confirmation from the United States. On May 30, Iranian missiles targeted Kuwait's Ali Al Salem Air Base, injuring five Americans and destroying a drone. On June 1, the US acknowledged that one of its F-15E aircraft was shot down, marking a significant escalation in tensions between the two countries. Additionally, there are reports that Iran may block shipping in the Strait of Hormuz.

0 articles0 stories
Resolved·4 months ago
Stocks

NetApp Stock Surges on Strong Earnings and AI-Driven Sales Forecast

NetApp's stock surged following the announcement of strong financial results and AI-driven sales forecasts. The company beat Q4 estimates with a revenue growth of 12.47%. This positive performance reflects NetApp's success in leveraging artificial intelligence technologies.

10 articles2 stories
Resolved·4 months ago
Stocks

Autodesk Beats Q1 Estimates and Announces $3.6 Billion MaintainX Acquisition

Autodesk reported Q1 revenue of $1.93 billion, exceeding the FactSet estimate of $1.89 billion. The company issued fiscal 2027 guidance with adjusted EPS projected between $12.40 and $12.65. Autodesk plans to acquire MaintainX for $3.6 billion to advance its unified platform in operations. Despite the positive performance, Autodesk's stock price declined after the earnings announcement, and the price target has been adjusted to $305, indicating a potential 26.6% upside. CEO Andrew Anagnost plans to leverage data, context, and expertise to create AI that produces accurate outputs.

5 articles2 stories
ADSK
Resolved·4 months ago
Stocks

Clorox CEO Linda Rendle to Step Down for Health Reasons; Board Initiates Search

On May 28, The Clorox Company announced that Chair and CEO Linda Rendle has decided to step down for health reasons. The Board of Directors has initiated a comprehensive search process to appoint a new CEO.

0 articles0 stories
CLX
Resolved·4 months ago
Stocks

American Eagle Beats Revenue Estimates as Aerie Strength Offsets Core Brand Decline

American Eagle beats revenue estimates thanks to the strength of the Aerie brand, offsetting a decline in its core brand. However, American Eagle's stock plummeted 10% due to weak outlook and a slowdown in the retail sector. In Q1, American Eagle surpassed estimates as revenue climbed 9.7%.

4 articles3 stories
Resolved·4 months ago
Stocks

Costco Sales Jump 11% as Consumer Spending Resilience Drives Q3 Beat

Costco's same-store sales surged 9.8% in Q3, boosted by gasoline sales. Despite missing earnings per share targets, Costco's revenue topped $70 billion in Q3, reflecting consumer spending resilience.

17 articles2 stories
Resolved·4 months ago
Stocks

Amazon to Bolster AWS Cloud with xAI's Grok Models Integration

Amazon announced plans to bolster its AWS cloud services by integrating xAI's Grok models. The company also intends to invest $20 billion in the UK in 2025 to expand its infrastructure. Additionally, Amazon launched Prime in South Africa to fuel its expansion in the African continent.

33 articles22 stories
AMZNGLW+1
Resolved·4 months ago
Stocks

Snowflake Shares See Record Surge on $6 Billion Amazon Partnership

On May 28, Snowflake shares experienced a record surge following a $6 billion deal with Amazon. The software maker also provided a strong financial outlook for its future performance. On May 29, Snowflake's shares jumped 36% after reporting strong earnings and upbeat AI-driven guidance.

0 articles0 stories
SNOWAMZN+1
Resolved·4 months ago
Stocks

Coinbase Partners with Standard Chartered for Global Institutional Fiat Expansion

Coinbase announced its partnership with Standard Chartered to expand its global fiat services for institutions. Coinbase also opened crypto derivatives trading to US institutional clients via Deribit. Additionally, Coinbase partnered with Checkout.com to enable stablecoin payments for over 1,000 brands. Finally, Coinbase will list Ethena's USDe stablecoin, resulting in a 28% surge in the price of the ENA token.

16 articles8 stories
COINBTC+2
Resolved·4 months ago
Stocks

Gas Engine Maker Innio Targets $20.3 Billion Valuation in U.S. IPO

Innio Group is targeting a valuation of up to $20.3 billion for its upcoming U.S. IPO. The company plans to offer 75 million shares priced between $24 and $27 each. It is backed by Advent International and the Abu Dhabi Investment Authority and was formerly a carve-out from General Electric.

4 articles3 stories
GE
Resolved·4 months ago
Stocks

US Stocks Post-Earnings Drift: Seagate Surges 35% as Starbucks and Visa Lag

US stocks experienced a post-earnings drift, with Seagate shares surging 35%. In contrast, Starbucks and Visa stocks lagged behind, failing to achieve similar performance.

40 articles1 stories
Resolved·4 months ago
Stocks

xAI and Anthropic Strike Multi-Billion Dollar Deal for Colossus Compute Cluster

On May 28, xAI signed a major deal with Anthropic for the exclusive use of its Colossus compute cluster. The deal is worth billions of dollars per month.

6 articles2 stories
Resolved·4 months ago
Stocks

NVIDIA Pledges $150B Taiwan Investment to Secure AI Supply Chain

NVIDIA has pledged a $150 billion investment in Taiwan to strengthen the AI supply chain. The company also unveiled the Vera CPU optimized for AI agents. Additionally, IREN secured a $3.65 billion loan for NVIDIA GPUs to power Microsoft's AI infrastructure. ASUS has adopted NVIDIA's DSX AI Factory to scale AI infrastructure solutions.

12 articles4 stories