Market news
Crypto, stocks, forex and macro, aggregated for traders.
Alfa-Bank CEO: Fintech Has Peaked, Enter 'Fantech' Era
Vladimir Verkhoshinsky, head of Alfa-Bank, says Russian fintech has hit its ceiling and competition is shifting from technology to customer emotions, ushering in a 'fantech' era powered by AI.
D-Wave Quantum Reveals Roadmap for Fault-Tolerant Quantum Computer by 2032
D-Wave Quantum has disclosed a phased development roadmap for quantum systems, aiming to create a fault-tolerant quantum computer with 100 logical qubits by 2032. The system is expected to perform over 1 million operations and support early applications in quantum chemistry and AI.
Russian Property Agency Announces Repeat Auction for UGLD Group
Russia's Federal Property Management Agency (Rosimushchestvo) has announced a repeat auction for the sale of the UGLD group, with applications due by June 9. The auction will be considered valid even if only one buyer participates.
Abivax shares plunge 30% on cancer risk in ulcerative colitis drug data
French biotech Abivax saw its stock drop 30% after revealing that its lead drug for ulcerative colitis carries a potential cancer risk based on new clinical data.
SPB Exchange May 2026 Trading Volume Rises 1.71% Month-on-Month
SPB Exchange reported total trading volume of 184.33 billion rubles in May 2026, up 1.71% from April.
Jim Cramer’s IPO Interest Seen as Peak Bubble Signal for US Stocks
Analysts warn that Jim Cramer’s expressed desire to participate in the IPOs of SpaceX, OpenAI, and Anthropic may confirm that these mega-listings will mark the top of the US stock bubble.
Russia's UAC Targets Profitability in 2026, CEO Says
United Aircraft Corporation (UAC) expects to turn profitable in 2026, according to CEO Vadim Badeha. He stated the company's goal is to achieve stable cash flow and become a profit center for shareholders.
US Regulator Flags Freedom Holding Over Financial Violations
The SEC has issued a warning to Freedom Holding (Nasdaq: FRHC) regarding potential financial misconduct. The company and CEO Timur Turlov are contesting the preliminary findings.
Russian Homebuilder Stocks Plummet Up to 66%, Average Down 30%
Shares of Russia's largest homebuilders have declined by nearly a third on average over the past year, with Samolet falling 66% and Etalon down 55%, according to Izvestia. The construction sector is in a difficult position but not yet in crisis, experts say.
UP Fintech Announces Up to $50 Million Share Buyback Program
Tiger Brokers' parent UP Fintech announced a share buyback program of up to US$50 million to be carried out over the following year.
UP Fintech (Tiger Brokers) Reports Q1 2026 Results, Launches Hong Kong Index Options
UP Fintech (Tiger Brokers) reported Q1 2026 revenue up 26.3% year-on-year, upgraded its Tiger AI assistant to a multi-agent architecture integrating Claude, and launched Hong Kong index options trading.
flatexDEGIRO Raises Full-Year 2026 Guidance
flatexDEGIRO raised its full-year 2026 guidance, saying financial targets originally set for 2027 are now expected to be achieved a year early.
Questrade Launches Custom Indexing: Canada's First Personalized Index Investing Product
Questrade launched Custom Indexing, letting investors build and one-click rebalance a personalized index portfolio of individual stocks with no commissions or management fees.
Transfer charge refund and no AMC for the first year
Zerodha announced it will refund transfer charges and waive the account maintenance charge (AMC) for the first year for new clients.
Rosneft Q1 2026 Net Profit Rises to RUB 115 Bln, EBITDA Up
Rosneft reported a rise in net profit to 115 billion rubles and EBITDA to 728 billion rubles for Q1 2026, with hydrocarbon production reaching 63.1 million tonnes of oil equivalent.
Nvidia unveils RTX Spark chip for local AI agent and LLM execution
Nvidia, in collaboration with Microsoft, has introduced the RTX Spark chip designed for Windows PCs to run AI agents and large language models locally without cloud reliance.
Aeroflot Q1 Net Loss Widens to 8.8B Rubles, Misses Consensus
Aeroflot Group reported an adjusted net loss of 8.8 billion rubles for the first quarter of 2026, missing the consensus forecast of a 7.3 billion ruble loss. Revenue rose 5.7% year-on-year to 201.1 billion rubles.
Meta Developing AI Pendant, Testing to Begin Next Year
Meta is developing an AI-powered pendant that can be attached to clothing or worn around the neck to record and process conversations. Testing is planned to begin next year, according to The Information.
Hedge Funds Buy US Equities at Fastest Pace in Six Months: Goldman Sachs
Hedge funds purchased US equities at the fastest pace in six months last week, according to Goldman Sachs' prime brokerage desk.
Cian Completes Final Round of Share Exchange
Cian's subsidiary Cian Investments Limited has completed settlements for the final round of its share exchange, converting 438,301 shares of MKAO 'CN' into an equal number of MKPAO 'Cian' shares.
NVIDIA Plans Humanoid Robot Partnerships Globally Including Unitree
NVIDIA is planning partnerships with humanoid robot manufacturers in the US, Europe, South Korea, and China’s Unitree, according to a company presentation.
Moscow Exchange Tests AI Trading Agents, Outperform IMOEX Index
Moscow Exchange has completed initial tests of AI-driven trading agents, with most outperforming the main IMOEX index during the first two weeks.
Nvidia Enters PC Chip Market, Rivaling Intel, AMD, Qualcomm, Apple
Nvidia is launching new ARM-based chips for personal computers, directly competing with Intel, AMD, Qualcomm, and Apple. The chips will debut in PCs from Dell, HP, MSI, Asus, and Lenovo.
ALROSA Expects 4% Rise in Global Diamond Sales by 2026
Russian diamond miner ALROSA forecasts a 4% increase in global diamond sales by 2026, with large natural diamonds outperforming but cheaper stones still under pressure.