Section
Stock markets, commodities, gold, oil and global indices - market moving news and expert analysis.
Cerebras Systems began trading Thursday at $367 per share, doubling its $185 IPO price and raising $5.5 billion. The AI chipmaker's valuation jumped to $40 billion from $8.1 billion eight months prior, reflecting intense investor appetite for artificial intelligence infrastructure stocks.
2 min read
Nvidia stock rallied to $227 on May 13 after seven consecutive sessions of gains following a May 6 breakout. CEO Jensen Huang joined President Trump's Beijing delegation as a last-minute addition, signaling potential $50 billion in strategic implications.
2 min read
Copper futures surged to an all-time high of $6.69 per pound, gaining 16.98% YTD and outpacing gold's 8.38% gain. Tight global supply and ongoing mine disruptions are driving the rally, with implications for energy-intensive altcoins.
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The Commodity Futures Trading Commission filed an amicus brief supporting Kalshi's legal challenge against Ohio, asserting federal jurisdiction over prediction markets. Ohio authorities had ordered Kalshi to cease offering sports event contracts, claiming they constitute unlicensed gambling.
2 min read
XRP price has established support levels again as traders attempt a rally, though overhead resistance threatens to cap gains. Market sentiment remains cautious as the token navigates key technical levels.
2 min read
Benchmark equities analysts reiterated their Buy rating on Coinbase (COIN), raising their price target to $270 from $260 despite the cryptocurrency exchange reporting lackluster first-quarter earnings.
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XRP spot ETFs logged $25.8 million in inflows on Monday, bringing cumulative net inflows to a record $1.35 billion. Analysts point to strong institutional demand and technical factors supporting potential price rallies toward $10, despite recent 3.2% pullback.
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Famed investor Michael Burry urged investors to 'reject greed' on May 11, 2026, warning that AI-driven enthusiasm is pushing stock valuations dangerously higher. Burry advised reducing positions in parabolic stocks 'almost entirely' amid momentum-fueled market excess.
3 min read
Gold surpassed \,200 per ounce this week as central bank purchases hit a quarterly record and real yields in the US turned negative for the first time since 2022.
2 min read
The S&P 500 closed at a record 5,847 points on Friday as earnings from three major tech firms revealed AI capital expenditure running 40% above analyst forecasts.
1 min read
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