SpaceX is set for a record-breaking $1.78tn IPO, offering $75bn in shares. Despite strong investor demand, Morningstar warns of overvaluation, citing a "major disconnect" between market expectations and fundamentals, particularly in its AI business.
US stocks faced pressure due to the Iran war and rising oil prices, coinciding with the highest CPI in three years. While headline CPI rose 4.2%, core inflation at 2.9% suggests underlying inflation is not as severe, offering some market relief.
Donald Trump's administration prioritizes AI growth over regulation, evidenced by executive orders and discussions of government stakes in AI firms. Meanwhile, Anthropic advocates for a pause in AI development while pursuing an IPO, raising questions about its safety-first posture.
US stock markets experienced a downturn as tensions in the Persian Gulf and rising oil prices prompted investors to take profits. The Dow Jones, S&P 500, and Nasdaq all closed lower. Tech stocks, particularly in AI, showed resilience.
US stock markets took a breather after a multi-day record streak, with the Dow Jones and S&P 500 seeing modest gains. The Nasdaq remained flat. However, technology stocks continued to surge, driven by AI advancements, overshadowing geopolitical concerns in the Middle East.
A Bank of America analyst warns the current US stock market rally, driven by a few AI chip stocks, mirrors the dot-com bubble's peak in 2000. He cites a narrow breadth of companies hitting record highs and suggests central bank tightening could trigger a collapse, advising investors to consider long-term bonds and defensive stocks.
AI firm Anthropic, creator of the Claude chatbot, has confidentially filed for an IPO on the US stock market. The company announced a $65bn funding round valuing it at $965bn post-money, making it the world's most valuable AI startup, surpassing OpenAI.
SpaceX's IPO filing details $131m in Cybertruck purchases, risks associated with its xAI Grok chatbot's explicit content generation, and significant financial losses, raising questions about future profitability.
SpaceX announced its intention to go public on the Nasdaq under the symbol SPCX, seeking up to $80bn at a $1.75tn valuation. The company disclosed significant investments in AI and financial details, including a $4.2bn loss in Q1 2026.
The rally on the US stock market has paused, with the S&P 500 ending three consecutive trading days with losses before a slight gain on Wednesday. Many investors considered a pullback overdue after the index rose 19% in six weeks, reaching historically expensive levels.
Investors and experts warn US stock markets, buoyed by AI and Q1 earnings, are not pricing in inflation risks and rising bond yields, making them vulnerable to sharp corrections. Geopolitical tensions and supply chain disruptions are also impacting global companies.
Bitcoin’s hold above $80,000 is turning into a live test of whether BTC can trade on its own macro signal while U.S. stocks weaken. After months of Bitcoin following the US stock market open in terms of direction, volatility, and stress, it appears to be decoupling from the AI-fed S&P 500. The contradiction showed up […] The post Bitcoin decouples from S&P 500 as oil, yields, and dollar pressure stocks appeared first on CryptoSlate.
Bitcoin's move above $80,000 is testing whether its latest break from the S&P 500 reflects a real macro regime shift or the market's most liquid risk switch reacting to two different clocks. After months of Bitcoin following the US stock market open in terms of direction, volatility, and stress, it appears to be decoupling from […] The post Bitcoin breaks from US stock market as mixed macro data creates bullish setup for BTC appeared first on CryptoSlate.
Bitcoin's move above $80,000 is testing whether its latest break from the S&P 500 reflects a real macro regime shift or the market's most liquid risk switch reacting to two different clocks. After months of Bitcoin following the US stock market open in terms of direction, volatility, and stress, it appears to be decoupling from […] The post Bitcoin rally breaks from US stock market as mixed macro data creates bullish setup for BTC appeared first on CryptoSlate.
The US stock market is holding tentatively near its record heights on Monday, while oil prices climb with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world’s flow of crude. Duelling claims about a possible Iranian strike on a US Navy vessel in the strait heightened the tensions. The S&P 500 slipped 0.1 per cent, coming off its latest all-time high. The Dow Jones Industrial Average was down 216 points, or 0.4 per cent, as of 9.35am Eastern time, and...
US stock markets reached new record highs on Friday as Apple rose 3.3% and Estee Lauder climbed 4.2% after both companies reported stronger-than-expected quarterly earnings. The S&P 500 added 0.6% to its all-time high, while the Dow Jones gained 226 points and the Nasdaq composite rose 0.7%. Colgate-Palmolive also beat estimates, though its CEO warned of continued volatile macroeconomic conditions. Easing oil prices helped steady markets amid uncertainty related to the Iran war.
The AI trade has become concentrated enough to revive comparisons with the dot-com peak. For Bitcoin miners that have spent the past year selling investors on AI and HPC growth, that concentration is now a balance-sheet risk. The 10 largest AI stocks now make up about 41% of the S&P 500, according to a BofA […] The post US stock market hits dot-com bubble peak alarm level – and Bitcoin miners are now exposed because of AI appeared first on CryptoSlate.
Bitcoin traded near $76,600 after failing to sustain a push toward $78,000. While the asset initially resisted rising crude oil prices, the opening of US equity markets triggered a pullback, highlighting the ongoing tension between crypto-specific demand and broader macro risks.
