Markets
25 articles
30-Year Treasury Yield Tops 5.19%, Highest Since Before the Financial Crisis
The 30-year US Treasury yield surged to 5.198% on Tuesday, the highest level since July 2007. A BofA survey shows 62% of fund managers expect 6% next, and second-wave inflation tops their tail-risk list.
10-Year Treasury Yield Hits 1-Year High as Japan 30-Year JGB Sets Record
Global bond yields surged Monday with the US 10-year Treasury touching a 1-year high and Japan's 30-year JGB hitting a record above 4.19 percent, as G7 finance ministers met in Paris over oil-driven inflation fears.
NextEra to Buy Dominion in $66.8 Billion AI Power Megadeal
NextEra Energy is buying Dominion Energy for $66.8 billion in an all-stock deal that creates the world's largest regulated utility and consolidates the two key power suppliers for the AI data center boom.
BlackRock Weighs $5 to $10 Billion SpaceX IPO Investment Ahead of June 12 Nasdaq Debut
BlackRock is in talks to invest $5 billion to $10 billion in SpaceX's June 12 Nasdaq IPO, which is targeting a $1.75 trillion valuation and a roughly $75 billion raise, potentially the largest stock listing in history.
China Signals Tariff Cuts After Trump-Xi Summit
China's commerce ministry says Beijing and Washington will lower tariffs and expand U.S. farm market access after the Trump-Xi summit, while flagging that the deal is preliminary and details are still being worked out.
Intel Drags Chip Sector as AI Spending Concerns Rise
Intel led the chip sector to its worst day of 2026. SOXX fell 3.2% on buyer exhaustion and data-center spending doubts.
Copper Hits Record Highs as AI Demand and the Strait of Hormuz Squeeze Global Supply
Copper prices have surged to a fresh record above $13,900 per ton as the Strait of Hormuz crisis chokes acid supplies needed for refining and AI demand keeps the structural bid intact. Citi sees $15,000 by year end.
Ed Yardeni Lifts S&P 500 Target to 8,250
Yardeni Research lifted its 2026 S&P 500 target to 8,250, citing 25.6% earnings growth and a beat rate not seen since 2021. HSBC also raised its target as analysts revise estimates higher.
Cerebras Boosts IPO Range, Targets $48.8B Valuation
Cerebras lifted its IPO range to $150-$160/share, targeting a $48.8 billion valuation as AI chip investors seek a Nvidia challenger.
Netflix's $20 Plan and Streaming's Cable Problem
Netflix's standard plan now costs $19.99 per month after the second price hike in less than two years. With 68% of subscribers on ad-supported tiers, streaming is starting to look a lot like the old TV bundle it once disrupted.
Big Tech's $600B AI Spending vs. Buybacks
Hyperscaler capex now consumes 94% of operating cash flow after dividends and buybacks. Last quarter saw the lowest combined repurchases at the Big Four since 2019, raising hard questions for shareholders.
Akamai Soars 16% on $1.8B AI Cloud Deal
Akamai shares jumped 16% Friday after the company landed a $1.8 billion seven-year cloud infrastructure deal with an unnamed frontier AI model provider, validating its bet on edge inference.