Markets
Stock Market News, IPO Updates, Share Prices & Investment Insights
Strait of Hormuz Closure: Iran Blocks Vital Oil Route, 80 Mines Threaten Year-End Reopening
Iran has declared the Strait of Hormuz closed citing ceasefire violations, causing tanker traffic to plummet 43% in 24 hours. With 80 mines blocking the channel, normal shipping may not resume until y...
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Oil Prices Plunge Below $80: U.S.-Iran Deal Reopens Strait of Hormuz
Oil prices crashed below $80 after the U.S.-Iran deal reopened the Strait of Hormuz. Goldman Sachs cut Brent to $80 for Q4 2026 as Gulf supply returns faster than expected. Oil markets were jolted on ...
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Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy
A coalition of federally regulated prediction markets including Kalshi , Crypto.com , and Polymarket has filed a federal lawsuit challenging Kentucky's 14.25% excise tax on transaction fees, arguing i...
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Kentucky Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue to Block 14.25% Levy
A coalition of Kalshi, Polymarket, and Crypto.com filed a federal lawsuit on June 13 challenging Kentucky's 14.25% excise tax on prediction market transaction fees, arguing it is discriminatory, uncon...
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Canaan Mines 90 BTC in May: Bitcoin Holdings Hit Record 1,867 BTC
Canaan Technology mined 90 BTC in May 2026 through self-operated mining, pushing its Bitcoin treasury to a record 1,867 BTC alongside 3,952 ETH. The Nasdaq-listed miner's total hashrate reached 31.67 ...
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SpaceX IPO 2026: $75 Billion Raise at $135 Per Share — What the Largest Stock Market Debut in History Means for Investors
SpaceX (NASDAQ: SPCX) made history on June 12, 2026, completing the largest IPO ever at $75 billion and a $1.77 trillion valuation. The stock surged 19% on debut, closing at $161 and briefly pushing m...
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Bitcoin Rebounds Above $63,500
Bitcoin surged 3.4% to $63,553 on Friday, June 12, 2026, after President Trump announced a peace settlement with Iran and claimed the war has ended. The sharp rebound erased weeks of conflict-driven l...
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New York Stablecoin Crackdown: Big Tech Barred as State Aligns With Federal GENIUS Act
New York's Department of Financial Services (DFS) has proposed new stablecoin rules that mirror the federal GENIUS Act while adding a critical restriction: big tech firms like Meta, Google, and Amazon...
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Kraken Becomes Official Crypto Exchange of FIFA World Cup 2026: Historic Partnership Begins
Kraken, one of the world's longest-standing cryptocurrency exchanges, has been named the Official Crypto Exchange Supporter of the FIFA World Cup 2026 — the first major crypto sponsorship in the tourn...
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The Great Rotation of June 2026: Dow Hits 51,562 Record as Healthcare Surges and AI Stocks Crash
The Great Rotation of June 2026 is the most decisive sector shift in two years: the Dow Jones surged 875 points to a record 51,561.93 on June 4 while the Nasdaq slipped, as institutional capital rotat...
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Beyond Nvidia: Europe's 10 Best-Performing AI Stocks of 2026 — From Sivers' 2,245% Surge to STMicro's AWS Deal, the Complete Investor's Guide
The European AI stocks of 2026 have delivered extraordinary gains of up to 2,245%, led by Swedish photonics maker Sivers Semiconductors, as investors pivot from US mega-caps to the specialised infrast...
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Beyond Nvidia: 5 AI Infrastructure Stocks to Buy in June 2026 as the $725 Billion Data Center Boom Reshapes Markets
The AI infrastructure stocks 2026 are the companies building the physical backbone of the artificial intelligence revolution. As the S 500's most concentrated rally shows — power equipment, electrical...
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