Vanguard Short-Term Federal Fund Admiral Shares
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BREN, CUAN Surge Despite MSCI Removal, May 30
31 Indonesian stocks removed from MSCI indices. BREN and CUAN hit upper limits as domestic buyers absorb foreign outflows ahead of June 1 rebalancing.
JPMorgan Signals $20B Acquisition Capacity, May 29
JPMorgan CEO Jamie Dimon signals potential $10-20 billion in acquisitions, backed by $40-50 billion excess capital and rising investment banking fees.
India’s Stock Market Falls 1.5% on Monsoon Fears and Iran Tensions, May 30
NSE Nifty fell 1.5% to 23,547.75 and BSE Sensex dropped 1.44% to 74,775.74 on May 29 amid monsoon concerns, FII selling, and MSCI rebalancing.
Anthropic Hits $965B Valuation, Surpasses OpenAI in May 29 Funding
Anthropic raises $65B Series H at $965B valuation with $47B run-rate revenue, led by top-tier investors including Altimeter Capital and Sequoia.
CIBC Stock Falls 5% After Q2 Earnings Beat, Caribbean Sale, May 29
CIBC posts Q2 profit of C$2.5B with 25% EPS growth and sells Caribbean unit for US$1.6B, but stock drops 5% on profit-taking despite earnings beat.
US Defense Chief Hegseth Reaffirms Singapore Ties at Shangri-La, May 30
Defense Secretary Hegseth meets Singapore leaders at Shangri-La Dialogue, reaffirming 60-year defense partnership and Indo-Pacific security strategy.
JP Power Surges 28% in 2 Days After Adani Deal, May 29
JP Power shares surge 28% after Adani Power agrees to acquire 24% stake and Churk thermal plant for Rs 4,193 crore.
Canada’s Early Retirement Program Approved 2,800 Public Servants by May 29
2,800 Canadian federal public servants approved for early retirement through Treasury Board’s new incentive program. Applications close July 24, 2026.
Coast Guard Reopens Search for Lynette Hooker After GPS Data Contradicts Husband, May 29
U.S. Coast Guard resumes search for missing Michigan woman Lynette Hooker after GPS data contradicts her husband’s account in the Bahamas.