Wall Street extended its winning streak to six consecutive weeks, inflation hit its highest reading since 2023, Kevin Warsh took the Fed chair, Trump flew to Beijing, and copper broke COMEX records on a sulphur crunch nobody saw coming - a week in which the market and the macro data were operating from entirely different sets of assumptions. Let's dig in.MondayMarkets open at record highs on pa
The almost insatiable investor demand for companies leveraged to the artificial intelligence (AI) boom was starkly demonstrated when Cerebras Systems shares more than doubled when they started trading on Thursday. The Cerebras (NASDAQ: CBRS) stock price surged to a high of US$386.34 from the initial public offer (IPO) level of $185 before settling back to close at $311.07, up 68% on the day and
The U.K. economy grew 0.6% in the first quarter of 2026, according to figures from the Office for National Statistics. This matches Reuters’ expectations for the period and follows revised growth of 0.2% in the fourth quarter. Director of economic statistics Liz McKeown said wholesale, computer programming and advertising performed particularly well, and that production also grew slightly.
Honda has posted an annual loss for the first time in its nearly 70-year history and has scrapped its long-term EV sales target. This comes after the automaker was hit by more than US$9 billion in costs to restructure its electric-vehicle business. It also marks its worst financial report since Honda was listed on the stock market in 1957, underscoring how risky an aggressive bet on EVs can
United States retail sales increased for a third consecutive month in April, supported by larger tax refunds and strong stock market gains, although economists warned rising inflation pressures could weaken consumer spending later in the quarter. Data released on Thursday showed part of the increase in spending reflected higher prices following the escalation of the U.S.-Israel conflict involvi
Join one of the world’s fastest growing business media companies. List investment & employment opportunities, showcase your brand and more
Donald Trump arrived in Beijing on Thursday for his first China visit since 2017, accompanied by 17 chief executives, including Tesla's Elon Musk, Nvidia's Jensen Huang, Apple's Tim Cook and Boeing chief Kelly Ortberg. Xi Jinping told the assembled execs that China's door would "open wider" to U.S. companies, with Xinhua reporting American firms stood to "enjoy even broader prospects in China",
A vessel was reportedly boarded by unauthorised personnel on Thursday while anchored northeast of the United Arab Emirates port of Fujairah and was heading towards Iranian territorial waters, according to the United Kingdom Maritime Trade Operations (UKMTO). Two maritime security sources said the vessel was believed to be the Honduras-flagged Hui Chuan fishery research ship. The incident occ
The United States Senate on Wednesday confirmed Kevin Warsh as the next chairman of the Federal Reserve. Warsh, 56, a former Federal Reserve governor and investment banker and President Donald Trump’s nominee, was anointed to run the world’s most influential central bank in a 54-45 vote that was mostly divided on party lines. He will replace Jerome Powell, whose tenure as chair started in 20
United States mortgage rates have officially jumped to their highest levels since March. According to Mortgage News Daily, the average 30-year fixed mortgage rose to 6.57% on Wednesday. This is 15 basis points higher than last Friday and the highest level since 27 March. Mortgage News Daily chief operating officer, Matthew Graham, explained that while the consumer price index (CPI) had li
United States wholesale prices recorded their largest annual increase in more than three years in April, driven by surging energy and services costs in another sign inflationary pressures are accelerating amid the Iran conflict and ongoing tariff impacts. The monthly producer price index (PPI) rose a seasonally adjusted 1.4% in April, well above economists’ forecasts for a 0.5% increase and hig
Online Media
Azzet™ Series A SAFE Investment Program
Expansion Stage
Equity
Azzet is a leading global marketplace for investments and premium assets. Join our growth journey by becoming an investor in our upcoming Series A SAFE Investment Program. Available to accredited inve...
Wholesale investors only
Health, Wellness and Fitness
Mental health support by leveraging technology to deliver outcomes that are comparable with personal consultations.
Seed Stage
Equity
The Blissiree App revolutionizes mental health support by leveraging technology to deliver outcomes that are comparable with personal consultations.
Domain names
Proprietary Authentication Technology - Acquisition Opportunity
Proprietary AI-powered authentication system designed for platforms processing high-value transactions. The technology verifies user identity, cognitive fitness, and transaction integrity in real-time...
