Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin rises 9% in May as AI stocks fall and markets react to Fed decision.

Market News
30 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Bitcoin held steady near $64,000 and gained 9% in May despite the Federal Reserve's decision to hold interest rates. Meanwhile, AI-related stocks and the Mag 7 ETF experienced significant declines, with the ETF having its worst day since April 2025. South Korea's KOSPI index also dropped 16% over two days, triggering circuit breakers for the first time in its history. The market is becoming cautious about AI investments, focusing on returns rather than just spending, as seen with SK Hynix's profit surge not preventing its stock decline. Bitcoin's steady rise contrasts with the volatility in AI stocks and traditional markets.

More News

VINCI reports 2026 half-year financial results with 2% revenue growth and strong earnings.

VINCI reports 2026 half-year financial results with 2% revenue growth and strong earnings.

VINCI published its half-year financial report for 2026, highlighting a 2% increase in revenue, including 4% growth in the second quarter. The company also reported a 4% rise in EBITDA and significant growth in earnings per share, reflecting strong o...

Company Fundamentals
Bullish
21 minutes ago
VINCI reports strong H1 2026 with 2% revenue growth and 4% rise in EBITDA.

VINCI reports strong H1 2026 with 2% revenue growth and 4% rise in EBITDA.

VINCI released its half-year financial report for 2026, showing a 2% increase in revenue, including a 4% growth in the second quarter. EBITDA also rose by 4%, reflecting solid operational performance. The company highlights its commitment to sustaina...

Company Fundamentals
Bullish
21 minutes ago
Orange reports strong H1 2026 with 3.5% revenue growth and 5.0% EBITDAaL increase.

Orange reports strong H1 2026 with 3.5% revenue growth and 5.0% EBITDAaL increase.

Orange published its interim financial report for the first half of 2026, showing a 3.5% increase in revenue and a 5.0% rise in EBITDAaL. The company continues to lead in telecommunications across Europe, Africa, and the Middle East, connecting 340 m...

Company Fundamentals
Bullish
35 minutes ago
Class action lawsuit filed against Park Ha for alleged stock manipulation and misleading investors.

Class action lawsuit filed against Park Ha for alleged stock manipulation and misleading investors.

A class action lawsuit has been filed against Park Ha Biological Technology Co., Ltd. and some of its officers for allegedly misleading investors and violating federal securities laws. The complaint claims Park Ha was involved in a fraudulent stock p...

Market News
Bearish
40 minutes ago
Uber to invest $1.2B in Rivian and buy 50,000 electric R2 vehicles, boosting Rivian's robotaxi prospects.

Uber to invest $1.2B in Rivian and buy 50,000 electric R2 vehicles, boosting Rivian's robotaxi prospects.

Uber has agreed to invest up to $1.2 billion in electric vehicle maker Rivian and plans to purchase up to 50,000 of Rivian's R2 electric vehicles. This deal highlights Uber's push into electric and autonomous vehicle technology, positioning Rivian as...

Market News
Bullish
53 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App