Market news
Crypto, stocks, forex and macro, aggregated for traders.
OpenAI IPO Odds Surge to 48% for $1.5 Trillion Market Cap on Day One
The probability of OpenAI's IPO closing above a $1.5 trillion market cap on the first day of trading has jumped to 48%, following the company's IPO filing. The news highlights the accelerating AI revolution, with three potential trillion-dollar IPOs on the horizon.
Nvidia CEO Huang Says to Buy Qualcomm Stock: Report
A tweet from The Kobeissi Letter claims Nvidia CEO Jensen Huang advised buying Qualcomm ($QCOM) stock, adding that he spent the day selling others' stock.
Gilead and Merck announce positive Phase 3 data for once-weekly HIV treatment
Gilead and Merck reported positive Phase 3 results for their once-weekly oral HIV treatment islatravir/lenacapavir, with primary efficacy endpoints met at week 48 in both ISLEND-1 and ISLEND-2 trials.
Apple Announces Siri AI Beta, Home Intelligence, and Image Generation at WWDC
Apple revealed plans to launch a Siri AI beta later this year, along with Home app intelligence for camera clip analysis and photo-realistic image generation with personal library integration, at its WWDC event.
Eli Lilly's Oral GLP-1 Foundayo Outperforms Oral Semaglutide in Diabetes Trials
Eli Lilly's oral GLP-1 drug Foundayo showed 57.1% greater A1C reduction and 73.6% greater weight loss versus oral semaglutide across three pivotal diabetes trials. FDA submission is targeted by end of Q2.
Apple Says New Siri Will Improve Voice Dictation, Expand to CarPlay and AirPods
Apple announced that the new Siri will deliver a major improvement in voice dictation accuracy and extend its enhanced capabilities to CarPlay and AirPods, further expanding AI integration across its ecosystem.
Apple Unveils AI-Powered Siri with Cross-Device Context Awareness
Apple has introduced a new AI-driven version of Siri via Apple Intelligence, featuring enhanced conversational abilities and context awareness across devices, along with a dedicated Siri app for recalling past interactions.
Dow Jones Tracks Chip Rebound but CPI Looms
The Dow Jones Industrial Average traded nearly unchanged in European afternoon trading, with futures hovering around 50,750 after an overnight rally from 50,500 to 51,000 faded. Focus shifts to upcoming CPI data that could spoil the chip-driven rebound.
SpaceX IPO Valued at $1.75 Trillion Raises Hype Questions
SpaceX's upcoming IPO on June 12 carries a $1.75 trillion valuation, sparking debate over whether demand is genuine or manufactured.
Magnificent Seven ETF (MAGS) Cycle From March 2026 Low Ends
The Magnificent Seven ETF (MAGS) has completed its cycle that began from a low on March 30, 2026, according to technical analysis.
OpenAI Preps Major ChatGPT Overhaul with AI Agents, Codex, Image Gen
OpenAI is preparing its biggest ChatGPT update since launch, adding AI agents, Codex programming tools, image generation, and third-party services to transform the chatbot into a universal digital assistant.
Dow Jones Futures Fall 0.33% on Middle East Tensions; S&P 500, Nasdaq Rise
Dow Jones futures declined 0.33% during European trading on Monday as renewed Middle East tensions weighed on market sentiment, while S&P 500 and Nasdaq 100 futures posted gains.
Fineco Reports Record May 2026 Net Sales and New Client Growth
Fineco recorded €1.5 billion in net sales for May 2026, up 17% year-on-year, with new client acquisitions rising 43% and surpassing 100,000 for the year.
Doosan Expands Cooperation with Nvidia Across Energy, Electronics, Robotics
Doosan announced it is expanding its collaboration with Nvidia, aiming to integrate its products and manufacturing capabilities with Nvidia's AI factory platforms across energy, electronic materials, and robotics.
Synlait Milk on Track for Refinancing by June 2026, Reports Net Loss
Synlait Milk says it remains on track to complete its senior facilities refinancing by June 30, 2026, including replacing its NZ$130 million Bright Loan. The company reported a net loss after tax of NZ$12 million for January–April 2026 while maintaining net assets of NZ$720.8 million.
United Airlines CEO Sees Full Consolidation Unlikely, Eyes Slot Acquisitions
United Airlines CEO Scott Kirby said full industry consolidation is improbable, though the carrier may buy slots or gates. He noted strong demand but expected elasticity effects, and that pricing is nearly offsetting higher fuel costs.
Huawei Plans Annual AI Chip Releases with Doubling Performance
Huawei intends to shift to an annual release cycle for its Ascend AI chips, with each new generation aiming to roughly double performance. The move comes amid US restrictions and growing rivalry with NVIDIA.
Thndr Showcases 'New Era' with EGP 50 Billion in Client Assets
At its 'New Era' product showcase in Cairo, Thndr announced EGP 50 billion in client assets, zero commission on mutual funds, and upcoming Thndr Gold and Real Estate funds.
Weight-Loss Drug Boom Creates New Headache for Apparel Retailers
U.S. apparel companies face rising product returns as consumers on GLP-1 weight-loss medications experience rapid changes in body size, disrupting clothing fit.
Trade Republic Gives European Retail Investors Direct Access to IPOs
Trade Republic launched direct IPO subscription access for European retail investors in its app, with pro-rata allocation at the official offer price and a flat €1 settlement fee.
Nasdaq 100 Posts 7 Red Hourly Candles in Straight-Line Drop
All seven hourly candlesticks on today's Nasdaq 100 chart closed red, marking a straight-line decline for tech stocks and the largest drop since 'Liberation Day.'
NASDAQ 100 Set for Worst Day Since Trump Tariffs
The NASDAQ 100 index is on track for its steepest daily decline since the April 2025 tariff announcement by US President Donald Trump, erasing a strong two-month rally.
Meta shares fall 7% after FT reports possible stock offering
Meta stock extended losses to 7% on the day after the Financial Times reported the company is considering a stock offering to raise capital, erasing $115 billion in market cap.
MicroStrategy Unrealized Bitcoin Loss Hits Record $12.7 Billion
MicroStrategy's unrealized loss on its Bitcoin holdings has reached a record $12.7 billion, with the total position down $28 billion over the past 12 months.