Hyperliquid captured 80% of oil market moves before conventional exchanges opened, signaling a shift in trading dynamics. Perpetual futures platforms like Hyperliquid are increasingly leading price discovery in commodities and equities, capturing 80% of oil market movement
Raoul Pal argues crypto offers better risk-adjusted returns than AI infrastructure plays for ordinary investors. Former Goldman Sachs executive Raoul Pal said retail investors should favor crypto over AI stocks, despite a projected $720 billion spend by U.S. hyperscalers o
Services inflation accelerates in the Eurozone, reinforcing expectations for further ECB rate hikes this year. Eurozone headline inflation climbed to 3.2% in May, up from April, driven by persistent energy costs and rising services inflation. Core inflation surprised at 2.
Services inflation surged 0.5pp to 3.5%, driving core inflation above forecasts and reinforcing ECB rate hike expectations. Eurozone core inflation climbed to 2.5% in May, exceeding the 2.4% consensus, as headline inflation reached 3.2%. The increase was primarily driven b
Genco Shipping rejects Diana Shipping’s unsolicited offer, citing undervaluation and lack of control premium for its drybulk fleet. Genco Shipping & Trading’s board unanimously advised shareholders to reject Diana Shipping Inc.’s unsolicited tender offer, arguing the bid f
Marvell's market cap jumps to $234 billion Nvidia CEO Jensen Huang has given Marvell Technology a significant boost by endorsing the company as the next trillion-dollar firm. Marvell's market cap was $191 billion before Huang's comment. The company's stock
VSCO raises full-year sales and earnings guidance after reporting $1.56B in Q1 revenue, up 15.3% year-over-year. Victoria's Secret & Co. (VSCO) posted first-quarter earnings and revenue well above Wall Street expectations, driving shares up as much as 50% to briefly exceed
The NASDAQ-listed firm will deploy 25,856 AI accelerator cards and infrastructure for India’s Yotta AI project under the agreement. Gorilla Technology Group (NASDAQ:GRRR) finalized a $2 billion AI infrastructure supply deal with Super Micro Computer (NASDAQ:SMCI) to delive
A $970,000 portfolio can generate Atlanta’s median household income of $83,000, but yield strategies impact long-term wealth risk. A $970,000 investment portfolio can produce $83,000 annually, matching the median household income in Atlanta’s metro area. High-yield funds l
Bank of America and Morgan Stanley analysts project nuclear investments could reach $2.2 trillion by 2050 to meet AI-driven electricity needs. Bank of America analysts identify nuclear energy as a $10 trillion opportunity, driven by surging electricity demand from AI and d
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