Trending in Finance
SpaceX Secures Investment-Grade Ratings Amid Post-IPO Stock Volatility
Micron Earnings to Test Momentum of AI-Fueled Market Rally
Jio Platforms Approves Draft Prospectus for Potential Record-Breaking IPO
Wall Street Rallies on US-Iran Peace Deal and Apple-Intel Chip Partnership
All Finance Stories
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NASDAQ Plunges 4% as AI Stocks Collapse on Rate-Hike Fears
The Nasdaq Composite suffered its worst day in over a year, dropping 4% as AI stocks tumbled amid renewed rate-hike fears, with Micron falling 13%.
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Meta's Massive Stock Sale Sparks Wave of Big Tech Equity Offerings
Meta's planned multi-billion dollar equity offering triggers similar moves by Microsoft and Amazon, reshaping AI financing.
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Private Credit Issuance Plunges 40% as Defaults Hit Record High
Private credit issuance drops 40% to $44.76B in Q2 2026 as defaults hit 6.0%. On-chain tokenized credit grows rapidly but remains small.
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Meta Weighs Multi-Billion Dollar Stock Offering to Fund AI Push
Meta Platforms is exploring a massive equity offering to fund its surging AI costs, following Alphabet's record $85B sale.
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SK Hynix Drops Out of $1 Trillion Club After 10 Days
South Korean chipmaker SK Hynix's market cap falls to $943B after a sharp selloff, ending its brief stint among trillion-dollar firms.
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eToro Reports Record Retail Buying in Semiconductors, Fueled by AI Chip Rally
eToro data reveals retail investors hit record buy volumes in chip stocks. Nvidia and Micron surge.
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Canada Adds 87,800 Jobs in May, Unemployment Falls to 6.6%
Canada's labor market surged in May 2026 with 87,800 new jobs. Unemployment dropped to 6.6% from 6.9%. Rate cut expectations are fading.
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Fitch Upgrades South Africa’s Credit Rating for the First Time in 21 Years
Fitch Ratings raises South Africa's rating to 'BB' from 'BB-', citing fiscal consolidation and credible monetary policy.