Dow futures slip 65 points: 5 things to know before markets open

US stock index futures fell on Tuesday as weakness in semiconductor shares added to concerns over inflation, elevated bond yields and the outlook for corporate earnings. The decline came after technology shares led Wall Street lower on Monday, with investors reassessing the valuations of growth companies that have driven US benchmarks to record highs this… Continue reading Dow futures slip 65 points: 5 things to know before markets open

Blackstone bets $5 billion on Google’s secret AI chip to rival Nvidia

Blackstone is backing Google’s artificial intelligence ambitions with a major investment in a new data center venture built around Google’s in-house AI chips. The alternative-asset giant is committing an initial $5 billion in equity to a new US-based AI cloud venture with Google, with plans to bring 500 megawatts of data center capacity online by… Continue reading Blackstone bets $5 billion on Google’s secret AI chip to rival Nvidia

Sleepagotchi announces AI pivot to build intelligence layer for wellness economy

Sleepagotchi, the Solana-based health and wellness platform where 78% of users open the app within 10 minutes of waking, today announced its next chapter: the launch of its AI Sleep Coach MVP and  strategic leadership transition. The company is graduating from gamified sleep-to-earn mechanics into “The Intelligence Layer for the Wellness Economy”, an AI-powered platform… Continue reading Sleepagotchi announces AI pivot to build intelligence layer for wellness economy

European stocks rise after Trump signals progress on Iran talks

European shares moved slightly higher on Tuesday after investors reacted positively to signs of easing geopolitical tensions between the United States and Iran. Markets also assessed corporate developments, including Standard Chartered’s large-scale restructuring plans tied to artificial intelligence adoption. The pan-European STOXX 600 index rose 0.2% to 611.22 points as of 0702 GMT. However, the… Continue reading European stocks rise after Trump signals progress on Iran talks

Equity allocations surge as investors bet on earnings and lower rates

Global fund managers raised their allocation to equities by the largest amount on record in May, supported by optimism surrounding corporate earnings growth and expectations that the Federal Reserve could begin cutting interest rates, according to Bank of America’s monthly survey released on Tuesday. The survey showed that investor sentiment toward equities improved significantly even… Continue reading Equity allocations surge as investors bet on earnings and lower rates

Standard Chartered to cut over 7,000 jobs as AI expands

 London-headquartered Standard Chartered plans to cut more than 7,000 jobs over the next four years as the lender increases the use of artificial intelligence while pursuing higher profitability and operational efficiency. The bank said on Tuesday it would reduce 15% of its corporate function roles by 2030. The lender’s total global workforce stands at nearly… Continue reading Standard Chartered to cut over 7,000 jobs as AI expands

Nifty 50 Index at risk as Indian bond yields surge, rupee crash

Indian stocks are stuck in a correction this week as concerns about the economy remain. The blue-chip Nifty 50 Index retreated to ₹23,650 on Tuesday, down by 10% from its highest point this year. This retreat has coincided with the crashing Indian rupee and bonds. Indian stocks retreat amid US-Iran war concerns The Nifty 50… Continue reading Nifty 50 Index at risk as Indian bond yields surge, rupee crash

Dan Loeb reveals a stake in a semiconductor ETF: find out more

Billionaire Dan Loeb’s flagship hedge fund, Third Point, recalibrated its portfolio in the first quarter of 2026, leaning heavily into the AI trade by initiating a new position in the Vaneck Semiconductor ETF (SMH). Loeb simultaneously increased exposure to individual chip-equipment makers – including ASML, Lam Research, and KLA Corp. Other notable investments he made… Continue reading Dan Loeb reveals a stake in a semiconductor ETF: find out more

Dow rises while Nasdaq slides on oil surge, Treasury yields pressure tech

US stocks ended mixed on Monday as investors monitored rising oil prices, elevated Treasury yields, and escalating tensions in the Middle East, while technology stocks extended their recent pullback after a record-setting rally earlier this month. The Dow Jones Industrial Average rose 159.95 points, or 0.32%, to close at 49,686.12. Meanwhile, the S&P 500 slipped… Continue reading Dow rises while Nasdaq slides on oil surge, Treasury yields pressure tech