Nvidia’s $5.2 trillion market cap contributes 20% of the S&P 500’s 9% year-to-date rise, overshadowing broader market weakness. Nvidia’s 15% gain in 2026 accounts for roughly 20% of the S&P 500’s 9% year-to-date advance, as its $5.2 trillion market cap dominates the index.
Qualcomm (QCOM) shares climbed 6% during Tuesday trading after securing a deal to supply ByteDance (BDNCE), the owner of the social media giant TikTok, with artificial intelligence chips for data centers, Bloomberg reported. Under the deal, ByteDance plans to purchase mill
Alphabet, Amazon, Meta, and Microsoft plan $750 billion in 2026 AI capex while cutting workforce roles amid steady dividend growth. Alphabet, Amazon, Meta Platforms, and Microsoft will spend approximately $750 billion in 2026 on AI infrastructure, a record capital allocati
Rising oil prices bolster the CAD, trimming USD/CAD gains to around 1.3800 after an earlier high near 1.3821. The Canadian Dollar strengthened against the US Dollar on Tuesday, paring earlier losses as rising oil prices provided support. USD/CAD fell to around 1.3800 after
Amplify's IDVO fund faces potential yield erosion from USD strength, with 77% of recent payouts classified as return of capital. Amplify CWP International Enhanced Dividend Income ETF (IDVO) offers a 6.2% distribution yield, but its SEC yield stands at just 1.5%. The discr
In February, Grvt integrated the Aave lending protocol to let traders earn yield on margin collateral while keeping perpetual futures positions open. Related: Banks will run RWAs on two blockchain rails, says RedStone co-founder Data from RWA.xyz shows the tokenized real-w
Analysts target $630 for AVGO as custom ASICs and VMware integration drive growth amid semiconductor outperformance. Broadcom’s stock has lagged peers with a 19% year-to-date gain, trailing the iShares Semiconductor ETF’s 71% surge. Analysts see $630 per share as achievabl
The UK government targets HTX and other crypto platforms for allegedly aiding Russia sanctions evasion networks. The UK sanctioned HUOBI GLOBAL S.A., the entity behind crypto exchange HTX, on May 26 for providing financial services to A7 Limited Liability Company. The move
BNP Paribas forecasts Japan’s GDP growth to decelerate to 0.5% in 2026 amid rising inflation and production costs. Japan’s GDP growth is expected to slow to 0.5% in 2026 from 1.1% in 2025, driven by higher inflation and production costs. The Bank of Japan is projected to c
ESLT reports $3.34 EPS and $2.19 billion revenue, beating estimates as Middle East conflicts boost defense spending. Elbit Systems posted a 42% jump in first-quarter earnings to $3.34 per share, surpassing analyst expectations of $2.98. Revenue climbed 15% to $2.19 billion
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