Gold ETFs just pulled off one of the more dramatic U-turns in recent memory. After hemorrhaging $12B in net outflows during March, global gold-backed exchange-traded funds attracted $6.6B in fresh capital in April. What drove […]
Lumentum Holdings, the photonics and optical technology company trading under ticker $LITE, is joining the Nasdaq-100 Index effective May 18, 2026. The company replaces CoStar Group ($CSGP), a commercial real estate analytics firm that suddenly […]
China just posted its strongest export month of the year, and the timing couldn’t be more politically charged. April exports jumped 14.1% year-over-year, blowing past economist expectations and snapping back from a disappointing March that […]
Russian President Vladimir Putin announced a unilateral two-day ceasefire in the Russia-Ukraine conflict. The ceasefire, running from May 7 to May 8, was framed around security concerns ahead of Russia’s Victory Day celebrations on May […]
For years, Strategy’s Bitcoin playbook could be summarized in two words: never sell. That era is technically over, but the replacement policy is so restrictive it might as well be the same thing. CEO Phong […]
Twelve stocks in the S&P 500 have more than doubled in value so far this year. SanDisk isn’t just doubling. It’s up as much as 558% year-to-date, making it the index’s runaway leader and one […]
While most of Wall Street spends its time worrying about stagflation, Cathie Wood is reading a completely different script. The ARK Invest CEO has been making the case that US inflation is not just falling, […]
The United Arab Emirates is leaving OPEC. After nearly six decades of membership, the Gulf state announced its departure from the oil cartel, effective May 1, 2026. The UAE was OPEC’s third-largest producer, sitting on […]
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take a hard look at whether their financial infrastructure can survive the AI era. His message […]
The Strait of Hormuz, a narrow chokepoint that normally handles roughly a fifth of the world’s oil transit, has effectively become a cork in a bottle. The Iran conflict has shut down 9 million barrels […]
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