Business

Microsoft (MSFT) secures $540 TD Cowen target as internal AI model pivot alters R&D strategy

Microsoft's aggressive pivot toward building its own internal artificial intelligence models is actively reshaping Wall Street valuations and the company's long-term research and development...

U.S. Payrolls Surge by 172,000 in May, Pushing December Fed Rate Hike Odds to 63%

The U.S. economy added 172,000 jobs in May, defying expectations of a slowdown amid the ongoing war with Iran and persistent domestic inflation. The...

Shiba Inu Futures Market Sees 1418% Flow Drop Amid Broader Crypto Sell-Off

Shiba Inu traders have exited derivatives positions at a rapid pace as the cryptocurrency market grapples with a steep decline in valuation. On June...

Bitcoin Tests $60,000 as AI Capital Rotation Triggers Worst Crypto Sell-Off Since 2024

Persistent global inflation and delayed interest rate cuts from the Federal Reserve are accelerating a widespread flight from digital assets. The cryptocurrency sector is...

SpaceX IPO Targets $1.75 Trillion Valuation as Starship Threatens Business Travel Market

SpaceX launched its institutional IPO roadshow on June 4, 2026, ahead of a scheduled Nasdaq listing on June 12, driven by an acute terrestrial...

S&P 500 denies SpaceX early index entry despite $1.75 trillion valuation target

Late Thursday, S&P Dow Jones Indices formally rejected a proposal to grant SpaceX early access to the S&P 500 index following its highly anticipated...

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