AI chipmaker Cerebras gains after reports confirm accelerated addition to a major S&P Dow Jones benchmark index. Cerebras (CBRS) shares rose 6% at Monday’s close following reports of fast-track inclusion in the S&P Dow Jones Indices. The stock extended gains, climbing near
USD/SGD rebounds from 1.2660 low The USD/SGD pair has rebounded from its recent low near 1.2660. Upward momentum is starting to build. The pair is seen as broadly supported above 1.2735, with major support at this level.
UOB analysts see upward momentum for the pair but warn gains may stall at a resistance zone between 1.2880 and 1.2900. USD/SGD has rebounded from a recent low near 1.2660, with momentum building for further gains. The pair remains supported above 1.2735, though a break bel
Yalla reported first-quarter revenue of $79 million, exceeding expectations by $0.95 million, and issued Q2 guidance of $75M to $82M. Yalla posted first-quarter non-GAAP earnings per share of $0.22 and revenue of $79 million, beating estimates by $0.95 million despite a 5.
Reserve Bank of Australia official speech highlights concerns over energy-driven price pressures from geopolitical conflict. Reserve Bank of Australia Assistant Governor Sarah Hunter will address inflation risks tied to the Middle East conflict at a Sydney forum. The speec
A sharp decline in clean energy manufacturing spending reflects policy shifts in the US and economic slowdowns in China. Global investment in clean energy manufacturing fell 42% as the US and China scaled back spending. The drop follows a peak in 2023, driven by policy unc
Researchers warn quantum computing could crack Bitcoin encryption by 2030-2032, exposing 7 million dormant coins with exposed public keys. Citi analysts have identified Bitcoin as more exposed to quantum computing threats than Ethereum, citing governance challenges in impl
Crypto ETFs lose $1.07B in outflows Cryptocurrency ETFs experienced a sharp reversal last week, ending a six-week streak of inflows. The total outflows from digital asset investment products stood at $1.07B. Bitcoin carried the bulk of the outflows, with th
US equities ended mixed with the Dow up 160 points while tech-heavy Nasdaq fell 0.5% amid sector rotation. US stocks closed mixed as the Dow Jones Industrial Average rose 160.02 points, or 0.32%, to 49,690.96. The S&P 500 dipped 0.07% to 7,403.04, while the Nasdaq Composit
Major U.S. indices closed mixed Monday, with the Dow gaining as traders await key earnings from Nvidia and retailers later this week. U.S. stocks ended Monday with modest gains in the Dow and mixed results across broader markets. The Dow climbed 0.3%, while the S&P 500 and
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