Dow Surges 600 Points as S&P 500 Closes Above 7,300 on Iran Deal Hopes
New York, 7 May 2026 – Wall Street surged to fresh record highs on Wednesday as investors reacted positively to signs that the United States and Iran may…
Global Financial Market
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Axon Raises 2026 Revenue Forecast as Software and Security Demand Strengthen
Scottsdale, 6 May 2026 – Axon Enterprise raised its full-year 2026 revenue growth forecast after a stronger-than-expected first quarter, supported by robust demand for its software ecosystem, public-safety…
Trump Family-Linked Bitcoin Miner Posts Second Straight Quarterly Loss
Miami, 6 May 2026 – American Bitcoin Corp posted its second consecutive quarterly loss, underscoring the financial pressure facing cryptocurrency miners as weaker Bitcoin prices and volatile digital-asset…
Wall Street Prepares Data Centre IPO Wave as AI Infrastructure Boom Accelerates
New York, 6 May 2026 – Wall Street banks are preparing for a new wave of data centre listings as investor appetite for artificial intelligence infrastructure continues to…
AI Trading Bots Struggle on Wall Street as Real-Market Results Expose Limits
New York, 6 May 2026 – Artificial intelligence trading bots are being tested more widely across Wall Street, but early results suggest many systems are still struggling to…
Nvidia Buys US$500 Million of Corning Stock Rights in AI Infrastructure Push
New York, 6 May 2026 – Nvidia has acquired US$500 million of rights to purchase Corning shares as part of a strategic partnership aimed at expanding optical connectivity…
Morgan Stanley Debuts Crypto Trading on E*Trade as Wall Street Pushes Deeper Into Digital Assets
New York, 6 May 2026 – Morgan Stanley has launched cryptocurrency trading on its E*Trade platform, marking a major step by one of Wall Street’s largest wealth managers…
Bank of Canada Weighs Clearer Policy Playbook for Supply Shocks
Ottawa, 6 May 2026 – The Bank of Canada is considering whether it needs a clearer policy playbook to manage supply shocks, as central banks around the world…
Apollo Assets Top US$1 Trillion as Record Inflows Lift Earnings
New York, 6 May 2026 – Apollo Global Management has surpassed US$1 trillion in assets under management for the first time, marking a major milestone for one of…
Dollar Falls to Lowest Level Since Middle East War Began as Peace Hopes Lift Risk Appetite
Singapore, 6 May 2026 – The US dollar fell to its lowest level since the start of the Middle East war after reports suggested Washington and Tehran may…