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Canaan Technology Mines 90 BTC in May: Holdings Hit Record 1,867 BTC
Finance

Canaan Technology Mines 90 BTC in May: Holdings Hit Record 1,867 BTC

Nasdaq-listed Bitcoin miner Canaan Technology produced 90 BTC in May 2026, pushing its total holdings to a record 1,867 BTC alongside 3,952 ETH, signaling continued institutional accumulation despite ...

Income Tax New Regime vs Old Regime FY 2026-27: Which Saves More Tax?
Finance

Income Tax New Regime vs Old Regime FY 2026-27: Which Saves More Tax?

The income tax new regime vs old regime FY 2026-27 comparison shows that under the new regime, income up to Rs 12 lakh is effectively zero tax after Section 87A rebate of Rs 60,000 and standard deduct...

AI $800 Billion Capex Boom 2026: Fed Rate Hike Risk, Bitcoin Pivot, and Nvidia’s Cisco Moment
Finance

AI $800 Billion Capex Boom 2026: Fed Rate Hike Risk, Bitcoin Pivot, and Nvidia’s Cisco Moment

The AI spending boom is accelerating — Goldman Sachs projects hyperscaler capex will hit $800 billion in 2026 , up from $527 billion consensus estimates. As of June 2026, Morgan Stanley sees $805 bill...

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC
Finance

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC

Bitcoin fell below $70,000 on June 2, 2026, as $766M in leveraged positions were liquidated. Mt. Gox moved 10,422 BTC worth $739M, Strategy sold Bitcoin for the first time since 2022, and spot Bitcoin...

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street
Finance

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street

Hewlett Packard Enterprise (HPE) delivered its biggest earnings beat since 2018, sending shares up roughly 30% in after-hours trading on June 1, 2026. The Q2 FY2026 print featured 40% year-over-year r...

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO
Finance

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO

Broadcom (NASDAQ: AVGO) is set to report Q2 fiscal 2026 earnings after the bell on Wednesday, June 3, 2026, with Wall Street expecting roughly $22 billion in revenue (up 47% year-over-year) and $2.40 ...

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out
Finance

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out

The U.S. ISM Manufacturing PMI jumped to 54.0% in May 2026, up 1.3 points from April's 52.7% and the highest reading since May 2022. The print beat consensus of 53.0, extended the expansion streak to ...

May 2026 Jobs Report Preview: What Wall Street Expects from Friday's NFP, Wage Growth, and Why the Fed Is Watching
Finance

May 2026 Jobs Report Preview: What Wall Street Expects from Friday's NFP, Wage Growth, and Why the Fed Is Watching

The Bureau of Labor Statistics releases the May 2026 jobs report on Friday, June 5, 2026 at 8:30 AM ET. Wall Street consensus expects 100K to 150K nonfarm payrolls, with unemployment steady at 4.3% an...

XRP ETF Inflows vs Bitcoin ETF Outflows: The Great Crypto Rotation of 2026
Finance

XRP ETF Inflows vs Bitcoin ETF Outflows: The Great Crypto Rotation of 2026

XRP exchange-traded funds have attracted over $1.4 billion in cumulative net inflows since their November 2025 launch, while Bitcoin ETFs hemorrhaged $2.26 billion in just 14 trading days during May 2...

FOMC Rate Hike 2026: How 3.8% Inflation and the Iran War Are Pushing the Fed Toward Its First Rate Increase
Finance

FOMC Rate Hike 2026: How 3.8% Inflation and the Iran War Are Pushing the Fed Toward Its First Rate Increase

The FOMC rate hike 2026 probability is rising fast as CPI hits 3.8% and the Iran war sends oil above $100/barrel. The Fed held rates at 3.50%-3.75% in March and April 2026, but markets now price a 60%...

Dell AI Server Revenue Surges 757% to $16.1 Billion: The $51 Billion Backlog That Sent Stock Soaring 40%
Finance

Dell AI Server Revenue Surges 757% to $16.1 Billion: The $51 Billion Backlog That Sent Stock Soaring 40%

Dell Technologies reported Q1 FY2027 revenue of $43.8 billion — up 88% year-over-year — driven by a staggering 757% surge in AI server revenue to $16.1 billion. The company ended the quarter with a re...

Oil Price Crash 2026: Why WTI Crude Crashed 19% Below $90 on US-Iran Ceasefire
Finance

Oil Price Crash 2026: Why WTI Crude Crashed 19% Below $90 on US-Iran Ceasefire

WTI crude oil crashed 19.52% in a single day on May 28, falling to $90.34 per barrel — the steepest monthly decline since 2020. The trigger: a US-Iran ceasefire deal that would reopen the Strait of Ho...