In May 2026, all three major US stock indices closed at record highs, boosted by a strong earnings season and momentum in AI-related stocks. The Nasdaq rose 8.4%, the S&P 500 gained 5.3%, and the Dow Jones increased 2.9%. Inflation concerns persist with the Consumer Price Index at 3.8% and Producer Price Index at 6.0%, partly due to Middle East energy conflicts pushing yields higher. Despite this, economic growth remains solid, supporting equities' resilience to higher rates. The new Fed Chair faces challenges balancing inflation risks and market expectations. Meanwhile, US economic data outperforms Europe, and the upcoming SpaceX IPO could break the trend of weak mega-IPO performances due to strong thematic growth and index inclusion rules.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
