May’s jobs report exceeded forecasts, fueling fears of prolonged high interest rates and triggering a broad market sell-off. The S&P 500 shed $1.4 trillion in market value after May’s jobs report showed employers added 172,000 positions, nearly double expectations. The str
Citi reaffirms its $315 price target for Apple as the company prepares for a pivotal AI-driven Siri upgrade at WWDC. Apple enters its annual Worldwide Developers Conference on June 8 with a 15% year-to-date stock gain and record $31 billion services revenue in the March qu
Expert values SpaceX at $1.3 trillion SpaceX is preparing to price its initial public offering at a valuation of roughly $1.77 trillion. The company's valuation has been a subject of debate among experts. A prominent valuation expert argues that the company
US stock indexes decline on semiconductor shares selloff US stock indexes ended the week lower due to a steep selloff in semiconductor shares. The selloff rattled markets and increased concerns about inflation. Stronger-than-expected US payrolls data and in
Bybit launches IPO Express with tokenized SpaceX shares Bybit has introduced IPO Express, an on-chain equity offering product. The product allows for tokenized SpaceX IPO subscription in partnership with xStocks. Spot trading for the tokenized shares is exp
Fixed rates increase by 5 basis points The current 30-year fixed rate rose by 5 basis points to 6.38%, while the 15-year fixed rate increased by 2 basis points to 5.74%. The 5/1 ARM fell by 24 basis points to 6.39%. Mortgage refinance rates are often higher than
Top accounts offer 3%-4% APY The national average money market account rate stands at 0.57%. Some top accounts offer rates as high as 3%-4% APY. TotalBank Online Money Market Deposit Account offers 4.01% APY with a $2,500 minimum balance. Other banks, such
Savings account rates hit 4.1% APY today The national average savings account rate stands at 0.38%. Some top accounts are currently offering 4% APY and up. Today, the highest savings account rate available is 4.1% APY, offered by Bask Bank. The amount of inte
Highest CD rate offered at 4% APY on 14-month term A certificate of deposit (CD) allows savers to lock in a competitive rate on their savings. Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Today, the highest CD rate is 4% APY, o
Technology Select Sector SPDR Fund returns 34% in 2026, driven by NVIDIA’s $82 billion revenue surge and Apple’s record $111 billion quarter. A $10,000 investment in the Technology Select Sector SPDR Fund (XLK) on December 31, 2025, grew to $13,434 by June 4, 2026, a 34% r
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