U.S. equities pushed to a new high and the VIX fell to a four‑month low as investors weighed signs of progress toward a U.S.–Iran truce. Cyclicals and tech led gains, reflecting improved risk appetite after weeks of macro jitters around inflation and oil.
Source: Seeking Alpha
Dell hikes AI server outlook to $60B midpoint, guides FY27 revenue to $165B–$169B
Dell raised its FY2027 revenue outlook and lifted AI server revenue guidance to a $60B midpoint as demand for AI infrastructure accelerates. The stronger pipeline underscores how capex from cloud and enterprise customers is reshaping the server mix and margins.
Source: Seeking Alpha
BIS and major central banks advance Project Agorá to real-value blockchain tests
The BIS, seven central banks and more than 40 banks will shift Project Agorá from simulation to live testing, after a prototype showed tokenized commercial bank deposits and central bank reserves can settle cross‑border payments atomically in seconds. The move targets correspondent banking frictions while preserving each jurisdiction’s monetary-policy autonomy.
Source: FinanceFeeds
CME to run Bitcoin and Ether futures/options 24/7, erasing weekend “gap” risk
CME Group will move its crypto derivatives to continuous, around‑the‑clock trading, aligning institutional hedging with the 24/7 spot market and eliminating the long‑standing weekend price disconnect. The change follows record crypto derivative volumes and should tighten price discovery for ETFs and professional desks.
Source: FinanceFeeds
Kalshi sues Minnesota over new ban, testing federal preemption of prediction markets
Kalshi filed suit to block Minnesota’s law barring prediction markets, arguing federally regulated event contracts fall under exclusive CFTC jurisdiction. The case—alongside a parallel federal challenge—could determine whether states can use gambling statutes to restrict CFTC‑supervised exchanges, with major implications for market access and compliance costs.
Source: FinanceFeeds
U.K. bond consolidated tape cleared for June 22 launch, modernizing fixed‑income transparency
The FCA authorized ETS Connect UK as the U.K. bonds Consolidated Tape Provider, paving the way for a June go‑live to aggregate post‑trade bond data across venues. The project is a cornerstone of the U.K.’s post‑Brexit market-structure reforms and aims to improve price discovery, best execution and oversight.
Source: FinanceFeeds
Crypto ETFs log strong inflows; Bitcoin funds add $428.6M in a day
U.S. spot Bitcoin ETFs recorded one of May’s best sessions with $428.6M in net inflows, led by BlackRock and Fidelity, as risk appetite stabilized and outflows slowed at GBTC. Ethereum ETFs also saw their strongest daily intake in weeks, signaling renewed institutional interest in regulated crypto exposure.
Source: FinanceFeeds
You May Also Be Interested In…
- Samsung begins shipping HBM4E, intensifying AI memory race
- NetApp lifts FY27 outlook on enterprise AI demand
- Mastercard teams with Chainlink on fiat-to-on-chain settlement rails
- CFTC asks court to vacate $5M Gemini penalty, signaling policy shift
- First Solar jumps on tariff expectations; solar complex rallies