Category: Top Story
-
Dow Jumps More Than 550 Points As Strong Data Steadies Wall Street
Stocks closed higher on Friday, with the Dow Jones Industrial Average leading the way, as upbeat economic data and calmer bond markets gave investors a reason to buy after a turbulent week. A report showing U.S. business activity growing at its fastest pace in more than four years helped lift sentiment, even though the major…
-
Nvidia in advanced talks to invest hundreds of millions in Cloverleaf Infrastructure – WSJ
Nvidia (NASDAQ:NVDA) is reportedly in advanced negotiations to invest several hundred million dollars in Cloverleaf Infrastructure, a power development company specialising in securing electricity capacity for data-centre projects, according to The Wall Street Journal. An agreement could be announced as soon as Friday. Although Cloverleaf is privately held, a transaction would carry strategic significance for…
-
Wall Street futures point to rebound after Thursday’s sharp selloff: Dow Jones, S&P, Nasdaq
US stock futures moved higher on Friday, signalling a potential rebound at the opening bell after Wall Street suffered steep losses in the previous session amid rising oil prices and renewed pressure from bond yields. Investors appeared willing to return to stocks following Thursday’s decline, although continued strength in crude oil and uncertainty surrounding the…
-
US regulatory momentum seen as key driver behind Bitcoin breakout
Bitcoin’s (COIN:BTCUSD) move out of its recent trading range appears to have been driven primarily by improving US regulatory sentiment rather than broader concerns about currency debasement, according to Citi analysts. The bank pointed to the delayed reaction in Bitcoin following the US Treasury’s bond buyback announcement, as well as ether outperforming Bitcoin during the…
-
Strategy shares surge as Bitcoin breaks above $70,000
Strategy (NASDAQ:MSTR) shares jumped 10.9% in pre-market trading on Friday after Bitcoin surged above $70,000 overnight, reaching its highest level since early June 2026 and triggering strong gains across cryptocurrency-linked equities. Strategy remains one of the stock market’s most closely watched proxies for Bitcoin because of its substantial exposure to the cryptocurrency, leaving its shares…
-
Coinbase shares surge as crypto optimism and regulatory momentum build
Coinbase (NASDAQ:COIN) shares jumped 7.1% in pre-market trading on Friday as investors responded to a combination of bullish comments from CEO Brian Armstrong, growing expectations of US crypto legislation and a powerful short squeeze across digital asset markets. The advance followed Armstrong’s appearance on CNBC and continued positive sentiment stemming from the recent White House…
-
Robinhood shares climb as crypto regulation hopes boost investor sentiment
Robinhood (NASDAQ:HOOD) shares rose nearly 4.9% in pre-market trading on Friday as renewed optimism over US cryptocurrency regulation fuelled buying across digital asset-related stocks. The latest catalyst came after President Donald Trump publicly urged Congress to approve the Clarity Act, proposed legislation designed to establish a clearer regulatory framework for digital assets, including the classification…
-
Crypto stocks extend rally as Bitcoin jumps on US regulatory momentum
Cryptocurrency-linked shares continued their advance on Friday as Bitcoin (COIN:BTCUSD) climbed to its highest levels since late May, supported by renewed optimism over US digital asset regulation and improving appetite for risk. The latest gains followed President Donald Trump’s call for lawmakers to establish clearer rules for the cryptocurrency industry, adding regulatory momentum to a…
-
US futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved modestly higher on Friday as investors awaited fresh business activity data while continuing to assess renewed pressure in bond markets, corporate earnings and Washington’s plans to impose sweeping sanctions on Iran. Discount retailer Ross Stores (NASDAQ:ROST) was also in focus after raising its full-year earnings guidance following stronger-than-expected second-quarter results. US…
-
Rising Yields and Surging Oil Send Stocks Lower as Walmart Slides 9%
US stocks retreated on Thursday as a rebound in bond yields and a fresh climb in oil prices rattled investors and pulled all three major indexes lower. The selling picked up after the US Treasury’s surprise market intervention earlier in the week proved short-lived, allowing long-term yields to push back toward multi-decade highs. Adding to…