Vanguard Ultra-Short-Term Tax-Exempt Fund Investor 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.
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.
Nasdaq Composite Hits Record as Tech Rally Extends Into May 29
Nasdaq Composite hits record high as tech stocks surge amid US-Iran ceasefire optimism and falling oil prices. S&P 500 also reaches new peak.
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.
Blue Origin’s New Glenn Rocket Explodes on Launch Pad, May 29
Blue Origin’s New Glenn rocket exploded during a hot-fire test at Cape Canaveral on May 29, delaying satellite launches and NASA lunar contracts.
IDFC First Bank Rises 2% Amid Cyber Risk Alert for Mid-Tier Banks, May 29
IDFC First Bank rises 2% to ₹71.66 as report warns mid-tier Indian banks lag in cybersecurity spending, facing 1.6x more attacks than global peers.
Kis Group Inheritance Dispute: Court Hears Claims Over 189M Shares, May 29
Kis Group founder Zhou Yiqing’s 2015 will leaving 189 million shares to fifth daughter challenged in Hong Kong court over mental capacity.