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Goldman Sachs: Private Capital to Fuel AI Data Center Boom
Goldman Sachs forecasts private infrastructure and real estate capital will play a larger role in financing the surging AI data center boom.
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Yen Weakens to 160, Japan Issues Fresh Intervention Warning
The yen hits the key 160 level against the dollar amid renewed Middle East tensions, triggering verbal warnings from Japanese officials.
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Nippon Paint and Sherwin-Williams Abandon AkzoNobel Takeover Bid
Nippon Paint and Sherwin-Williams call off joint pursuit of AkzoNobel after rejection, causing Dulux maker's shares to plummet over 20%.
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New Fed Chair Warsh Appoints Conservative Advisor Winfree
Kevin Warsh brings in Heritage-linked economist Paul Winfree as adviser, signaling a shift toward lower rates and conservative monetary policy.
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Bond Market Braces for Fed Rate Hikes as Jobs Data Looms
Traders pivot to rate hike bets ahead of May employment report. Key data on June 5 could confirm or challenge the dovish narrative.
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Strive Targets $4.2 Billion to Accelerate Bitcoin Treasury Expansion
Strive plans to raise $4.2B via ATM programs to fund more BTC, becoming a top corporate holder with 16,500 Bitcoin.
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BC Ferries Imposes 5% Fuel Surcharge Amid Global Price Spike
BC Ferries introduces a temporary 5% fuel surcharge starting June 16 to offset a 40% rise in global fuel prices since March.
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SpaceX Sets IPO at $135 Per Share, Eyes Record $75 Billion Raise
SpaceX plans a fixed IPO price at $135 per share to raise $75 billion, aiming for a $1.75 trillion valuation.