Nikkei 225 Tops 62,000 as Major Japanese Stocks Post Double-Digit Gains
Japan’s Nikkei 225 vaulted past 62,000 for the first time on Thursday. The index climbed 5% in a broad rally…
Nikkei 225 Tops 62,000 as Major Japanese Stocks Post Double-Digit Gains
Japan’s Nikkei 225 vaulted past 62,000 for the first time on Thursday. The index climbed 5% in a broad rally that pushed major tech, materials, and electronics names to double-digit single-day gains. Electronics maker Ibiden led the board with a 22.43% surge. SoftBank Group jumped 16.45%, and Mitsui Kinzoku gained 17.05%. Renesas Electronics rose 13.42%, … Read more
South Korea’s KOSPI Breaks 7,000 Ceiling To Hit a New Record High
South Korea’s KOSPI broke through 7,000 for the first time in history on Wednesday. The index closed 6.45% higher at a record 7,384.56 in a rally driven by surging demand for artificial intelligence (AI) chips. The benchmark is up roughly 75% year-to-date after gaining 76% in 2025, its strongest year since 1999. Follow us on … Read more
AMD and Intel Extend Rally Despite RSI Flashing Overbought for Weeks
Advanced Micro Devices (AMD) climbed roughly 18% in pre-market trading on May 6 after a Q1 beat, while Intel (INTC) extended a multi-week run with a 13% gain to a fresh all-time high near $108. Both stocks have carried 14-day RSI readings well above 70 for most of April, yet each fresh overbought print has … Read more
GameStop Stock Drops as Michael Burry Dumps Stake on eBay Bid
GameStop (GME) shares dropped after “The Big Short” investor Michael Burry sold his entire stake. The investor announced the move on his Substack post. He revealed that the GameStop sale is his first divestment since launching the blog. Follow us on X to get the latest news as it happens Michael Burry exits his entire … Read more
How US Stock Markets Rewarded Google But Punished Meta After Q1 Earnings
Alphabet (GOOGL) added more than $300 billion in market value on April 30, 2026, lifting its capitalization above $4.5 trillion. Meta Platforms (META) shed roughly $175 billion in the same session despite a stronger top-line beat. Both companies reported Q1 2026 results after the close on April 29. Investors rewarded Google for visible AI revenue … Read more
Meta Stock Loses $175 Billion After AI Expense Estimate Shakes Shareholders
Meta Platforms (META) shares dropped roughly 10% on Thursday, erasing about $175 billion in market value. A higher 2026 capital expenditure forecast of $125 billion to $145 billion triggered the selloff. The decline marked the stock’s largest single-day percentage drop in roughly six months. It came despite Q1 2026 earnings that exceeded Wall Street estimates … Read more
Anthropic’s Pre-IPO Valuation Hits $1 Trillion on Jupiter
Anthropic’s implied pre-IPO valuation crossed $1 trillion on Jupiter’s Prestocks market, making the artificial intelligence (AI) company the third private firm to reach that mark. The onchain pricing aligns with Forge Global, a private marketplace exchange, which also places the valuation at that level. Onchain and Secondary Markets Converge on Anthropic’s Valuation According to a … Read more
Robinhood Stock Could Suffer After Users Report Phishing Incident
Robinhood confirmed that fraudulent emails sent from noreply@robinhood.com were a phishing attempt. The company said attackers abused its account creation flow without compromising customer accounts or company systems. The falsified message, with the subject line “Your recent login to Robinhood,” prompted recipients to delete it. Customer balances and personal data remained untouched, the company’s help … Read more
AI Swallows Wall Street: Stocks Hit Record 45% of S&P 500 Market Cap
Artificial intelligence has now expanded its dominance to US equities and the credit market. The shift is rewriting how capital flows through Wall Street, with AI-linked companies crowding out traditional sectors from benchmark indices while also redefining the largest corners of the bond market. AI Stocks Hit Record 45% of S&P 500 as Credit Markets … Read more
Tom Lee Lists 3 Reasons the Stock Market Is in a “Better Position” Than at Its Early 2026 Peak
The stock market has staged a major rebound in April. The S&P 500 and Nasdaq hit fresh all-time highs this week, erasing all losses from the US-Iran conflict. BitMine Chairman Tom Lee believes the US stock market is now in a better position than when it hit its previous all-time high earlier this year. He … Read more
S&P 500 Sits 0.5% From All-Time High as Capital Floods Back Into Equities
The rally on Wall Street is closing in on a major milestone. The S&P 500 is now just 0.5% from its all-time high of 7,002 recorded in January 2026 S&P 500 Nears All-Time High. Source: TradingView The index has turned positive for the year after a powerful rebound that has added nearly $6 trillion in … Read more
Citadel Securities Expects Stocks and Bonds to Rally: Here’s Why
Citadel Securities believes the worst-case tail risk from the Iran conflict has been “substantially truncated,” positioning both stocks and bonds for a rally. The view, outlined by Nohshad Shah, reflects easing extreme-scenario risks as geopolitical incentives increasingly favor de-escalation. Rally in Stocks and Bonds Is Coming as War Tail Risks Shrink Shah wrote in a … Read more