Trending in Finance
SpaceX Shatters Records With $75 Billion IPO and $2 Trillion Valuation
Speculators Bet Against Yen at Nine-Year High Ahead of BOJ Rate Hike
Wall Street Targets Venezuela Oilfields Following Maduro Ouster
Fed Chair Kevin Warsh Faces Inflation Surge and Political Pressure in First FOMC Test
All Finance Stories
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Chinese Banks Hike Dollar Deposit Rates to Slow Yuan Rally
At least five Chinese banks have raised interest on US dollar deposits to curb the yuan's rapid appreciation, signaling a strategic policy shift.
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Job Data Quashes Rate Cut Hopes, Triggers Broad Market Selloff
U.S. jobs report crushes expected rate cuts as Nasdaq plunges 4.2%. A broad risk-off day.
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Coatue co-founder predicts trillion-dollar IPOs for SpaceX, OpenAI, Anthropic
Thomas Laffont says the 'Magnificent 8' private tech firms hold nearly $4 trillion in value, with SpaceX alone targeting a $1.8 trillion IPO.
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Wall Street's Fear of a Strong Economy: NASDAQ Plunges 4% on Hot Jobs Data
A surprisingly strong May jobs report triggered a massive sell-off on Wall Street, with the NASDAQ dropping 4.2% as rising Treasury yields crushed growth stocks.
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Brazil Set to Pioneer Panda Bonds in China Visit
Brazil plans to issue its first yuan-denominated sovereign panda bonds during a June visit to China, diversifying debt away from the dollar.
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Wall Street's Record Rally Ends as Tech Stocks Plunge on Jobs Data
S&P 500 falls 2.6%, Nasdaq drops 4.2% as strong May jobs report dashes rate cut hopes. Bitcoin dips below $60k.
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Meta Eyes $125B Equity Raise Following Record Alphabet Sale for AI War Chest
Meta Platforms is considering a multi-billion dollar share sale, following Alphabet's $85 billion record, to fund an AI-driven capex surge to $145 billion.
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S&P 500 Loses $1.8 Trillion in Worst Day for Markets
Nasdaq posts record point drop as strong jobs data kills hopes for rate cuts. Tech and crypto stocks take massive hits.