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XRP Faces Regulatory Headwinds as Polymarket Expands Prediction Markets
XRP trades at $1.33 amid regulatory bans on prediction markets. CME launches 24/7 XRP futures May 29.
Japan’s Reuse Market Expands 11.2% as Second Street Leads Growth, May 27
Japan’s reuse market grows 11.2% to 577.5 billion yen as Second Street dominates and industry consolidation accelerates.
Broadcom Gains 2% as Custom AI Chips Drive Growth, May 26
Broadcom (AVGO) stock rises 2% to $422.85 as AI chip sales double and company partners on $125M research hub.
SMCI Stock Surges 12.5% on May 26 Amid Legal Scrutiny
SMCI stock rose 12.5% to $37.64 on May 26 amid federal indictment over alleged China server exports and new CRO appointment.
Mitsubishi Electric Partners on Physical AI, May 27
Mitsubishi Electric partners with Chiba Institute of Technology to develop physical AI robots for manufacturing and infrastructure maintenance.
SanDisk Surges 5% as Memory Sector Rallies on AI Demand, May 26
SanDisk stock rises on AI infrastructure demand. Q3 revenue hit $5.95B, up 251% YoY. Analysts target $2,025-$2,350.
SMI Index Rises 0.17% to 13,526 on May 26 as Holcim Leads
Swiss SMI Index gained 0.17% to 13,526 points on May 26. Holcim led with +2.14% amid geopolitical tensions and Middle East negotiations.
AMD Stock Hits $496.50 on AI Chip Demand Surge, May 27
AMD stock rises to $496.50 amid AI demand surge and $10B Taiwan investment. Server revenue up 57% year-over-year.
Hang Seng Index Stalls at 25,623 as Middle East Tensions Weigh on May 27
Hang Seng Index stalls at 25,623 on May 27 amid Middle East tensions and global market risk-off sentiment affecting Hong Kong equities.