Trending in Finance
SpaceX Launches Landmark IPO at $135 Per Share, Valuing Company at $1.75 Trillion
SpaceX Sets Stage for Historic $75 Billion IPO, Aiming to Make Elon Musk First Trillionaire
Private Credit Redemption Surge Rattles US Asset Managers
Partners Group Gates Redemptions on $8.6 Billion Fund, Stock Plunges
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Yen Returns to Intervention Danger Zone as Markets Test Tokyo's Resolve
The yen weakens past 159 per dollar, approaching the 160 level that triggered Japan's record $63B intervention last month.
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Goldman Sachs Flags Volatility Risk from South Korea's New Leveraged ETFs
Goldman Sachs warns that South Korea's upcoming single-stock leveraged ETFs on Samsung and SK Hynix could increase market volatility.
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Gold Tumbles 1.5% to $4,392 as Strong US Data Clouds Rate Cut Hopes
Spot gold hits two-month low, down 20% from January highs, after resilient US economic data strengthens dollar and dims rate cut expectations.
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Credit Card Debt at US Commercial Banks Hits Record $1.09 Trillion
Federal Reserve data shows record credit card debt at US commercial banks, with implications for tokenization and real-world asset markets.
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Tokyo Core Inflation Stays Below BOJ Target, Factory Output Rebounds
Tokyo core inflation misses forecasts, factory output surprises positively. BOJ set for rate hike amid mixed data.
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Dollar on Track for Weekly Loss on US-Iran Ceasefire Reports
The dollar weakens on reports of a US-Iran ceasefire deal, with oil prices falling and safe-haven demand waning.
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US Inflation Hits 3.8% in April, Wiping Out Rate Cut Hopes
Consumer prices rose 3.8% year-over-year in April, the highest since May 2023. Core CPI also increased, dashing Fed rate cut expectations and raising the odds of a hike.
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Dell Stock Soars to Record High on AI Earnings Blowout
Dell shares surged 16.8% to an all-time high after crushing earnings estimates, driven by a massive AI backlog. The company reported adjusted EPS of $4.86 versus $2.93 expected.