News

Bitcoin hovers above key support in a bullish continuation pattern, as rising ETF inflows and corporate buying point to a breakout toward $113,000.

Shell Nigeria Exploration acquired TotalEnergies' 12.5% interest in OML 118 PSC for $510 million, increasing its ownership to 67.5%. This will boost Shell's production and growth in its Upstream portfolio, with the Bonga North project expected to contribute to sustained liquids production. Completion of the deal is expected by the end of the year. SHEH and ABLD are ETFs that provide exposure to Shell.

The digital asset landscape is experiencing a significant surge, with Bitcoin (CRYPTO: BTC) exchange-traded funds emerging as a pivotal force driving institutional adoption.

The upgraded reasoning model’s capacity was just behind Sam Altman-led OpenAI’s o4-mini and o3 reasoning models on LiveCodeBench.

This "Magnificent" stock that all four prominent billionaires have as their top holding has surged 1,570% since its initial public offering.

Morgan Stanley Research says the U.S. will continue trade negotiations but not eliminate tariffs.

DOGE claims to have saved U.S. taxpayers $175 billion so far, through asset sales, canceled contracts, workforce reductions, and other initiatives.

A U.S. federal trade court ruled that Trump exceeded his authority by imposing sweeping global tariffs under emergency powers, declaring the measures unlawful.

Alibaba's back and profitable, with soaring earnings and AI-driven cloud growth. ETFs like KWEB, PGJ, and MCHI offer diversified exposure to its rebound.

Salesforce's $8 billion buyout of Informatica boosts its AI and data integration business, influencing ETFs with stakes in Salesforce. Investors await its fiscal Q1 2026 earnings with strategic acquisitions and strong earnings making it a key player in AI and enterprise software industries.

Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.

Fed officials also stressed the importance of ensuring that longer-term inflation expectations remained well anchored.

Elon Musk’s Grok chatbot is reportedly being promoted for broader adoption within federal departments, including the Department of Homeland Security, despite not having received formal approval.

Shares of identity management software maker Okta (OKTA) fell 14% in the morning session after the company reported mixed first quarter 2025 (fiscal 2026) results as it only reconfirmed full-year revenue guidance, which was in line with Wall Street's estimates. 

Abercrombie & Fitch's Q1 results beat expectations, causing a 30% stock surge.

KRE has declined more than 3% this year, while XLF is up more than 5%. The divergence between the two ETFs is getting larger.

State Street received an upgrade from Truist, raising the stock to ‘Buy’ from ‘Hold’ and increasing its price target to $112 from $85.

A major gold exchange-traded fund recorded its steepest capital exodus in nearly three years this May, casting doubts over investor appetite for traditional safe-haven assets—but some analysts suggest the bull cycle is far from over.

Tesla stock rose above an aggressive early entry ion Tuesday. Tesla stock is up nearly 30% in May.

The 30-year fixed mortgage rate rose to 6.98%, an 18-week high, up from 6.92% the week before.