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US debt tops 100% of GDP, boosting Bitcoin's appeal as a strategic asset amid rising inflation.

Market News
05 May 2026
Benzinga
View Source
Bullish
pluang ai news

US public debt has surpassed 100% of GDP for the first time since World War II, with government spending exceeding revenue and debt service nearing $1 trillion annually. Analysts expect the Federal Reserve to keep interest rates below inflation to support nominal growth, echoing post-WWII strategies. This environment, combined with Bitcoin's scarcity and strategic use by the US government, including confiscations from adversaries, positions Bitcoin as potentially undervalued and a key asset amid fiat currency depreciation. Bitcoin's market cap remains only about 5% of gold's, suggesting significant growth potential if it reaches parity.

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Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...

Market News
Bullish
20 minutes ago
Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...

Market News
Bullish
20 minutes ago
Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...

Company Fundamentals
Bullish
20 minutes ago
Shell executives acquire shares via dividend reinvestment after Q1 2026 interim dividend payment

Shell executives acquire shares via dividend reinvestment after Q1 2026 interim dividend payment

Following Shell's interim dividend payment for Q1 2026 on June 29, several senior executives, including CEO Wael Sawan and CFO Sinead Gorman, acquired shares through dividend reinvestment plans. These shares were obtained in respect of shares previou...

Company Fundamentals
Neutral
1 hour ago
Aliphatic hydrocarbon market to reach $6.81B by 2032, driven by coatings and industrial demand.

Aliphatic hydrocarbon market to reach $6.81B by 2032, driven by coatings and industrial demand.

The global aliphatic hydrocarbon solvents and thinners market is projected to grow from $5.26 billion in 2026 to $6.81 billion by 2032, at a CAGR of 4.4%. Growth is fueled by rising demand in coatings, adhesives, and industrial maintenance, with mine...

Market News
Bullish
1 hour ago
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