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The group of mega-cap technology stocks that has dominated US equity market performance in recent years is being redefined following SpaceX's record-breaking market debut. Industry analysts say the shift reflects a broader move toward companies positioned at the center of artificial intelligence development and …
US industrial production increased by 0.1% in May 2026, according to official data, falling short of market expectations for a 0.3% rise. The figure followed an upwardly revised 0.9% increase in April, marking a sharp slowdown in the pace of overall output growth.
The Housing Market Index, which tracks homebuilder sentiment toward the market for newly built single-family homes, fell to 35 in June 2026 from 37 in May, according to industry survey data. The reading came in slightly below market expectations of 36, extending a decline …
US stock markets advanced sharply after officials announced that the United States and Iran had reached an agreement to end a nearly four-month conflict. The deal is expected to reopen the Strait of Hormuz, a critical shipping route for global oil and gas supplies, …
Microsoft Corp (NASDAQ:MSFT) shares climbed 1.92% in trading to $398.24, participating in a broad rally across technology stocks after the United States and Iran confirmed a deal to end their war. The agreement, which includes provisions to reopen the Strait of Hormuz and ease …
Major US stock indexes advanced sharply on Monday as news of a peace agreement between the United States and Iran reduced geopolitical risk premiums that have weighed on markets for months. The Nasdaq Composite led gains with a 2% rise, while the S&P 500 …
Binance co-founder Changpeng "CZ" Zhao said Sunday that the widely anticipated Bitcoin "super cycle," a term used within crypto markets to describe an extended period of sustained price appreciation, may take longer to arrive than some market participants had expected, while maintaining that the …
XRP rose 11% on Monday, participating in a broad rally across cryptocurrency markets that followed confirmation of a peace agreement between the United States and Iran, even as renewed criticism of the token's underlying valuation and tokenomics emerged from at least one market participant.
Bitcoin climbed back above $65,000 on Monday, leading a broad rally across cryptocurrency markets after the United States and Iran confirmed an agreement to end their war over the weekend. Ethereum and XRP each posted gains of up to 7% as part of the …
Gina Rinehart, Australia's wealthiest individual and the head of mining group Hancock Prospecting, has taken a stake exceeding $1 billion in SpaceX (NASDAQ:SPCX) as part of the rocket maker's record-breaking $75 billion initial public offering, according to a report citing a person familiar with …
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