China's producer price index (PPI) increased 3.9% year-over-year in May 2026, marking the fastest rise since July 2022 and ending a nearly 3.5-year period of deflation. This surge is driven by rising global energy and commodity prices, partly due to supply disruptions linked to the Iran conflict. The increase in PPI has pushed mining costs up 15.8%, squeezing Bitcoin miners by raising their breakeven prices and potentially causing smaller miners to shut down. This shift signals a broader inflationary trend from China, which may impact global markets and investor strategies going forward.
Johnson & Johnson announced that the Phase 3 MonumenTAL-3 study demonstrated that TALVEY (talquetamab) combined with daratumumab, with or without pomalidomide, significantly improved progression-free survival (up to 81.3%) and overall survival (up to...
This week, retail investors showed strong interest in five stocks: SpaceX, Micron Technology, Advanced Micro Devices (AMD), Uber Technologies, and Super Micro Computer. SpaceX shares surged after its IPO, closing 19.3% higher on the first day. Micron...
FREELANDER 8 made its first public appearance at the Abu Dhabi Investment Forum in Shanghai, ahead of its official launch in Abu Dhabi. The vehicle, a premium intelligent all-terrain SUV co-created by Jaguar Land Rover and Chery, targets the Middle E...
SpaceX's historic market debut valued the company at about $2.1 trillion, sparking massive retail interest and record traffic on Robinhood. Jim Cramer predicts this could accelerate AI-related stock offerings, with companies like Anthropic potentiall...
Ripple, MetaMask, and Mastercard are developing new crypto infrastructure designed for AI agents that can autonomously transact at machine speed. Ripple's XRPL AI Starter Kit supports instant settlements with predictable fees, while MetaMask's Agent ...
