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OpenAI to Confidentially File IPO Draft Friday: Sources
OpenAI prepares to confidentially file a draft IPO prospectus as soon as Friday with Goldman Sachs and Morgan Stanley as lead underwriters, sources say.
Bitcoin dominance rebounds to 58.5% as altcoin rotation stalls
Bitcoin dominance rose to 58.5% from 55%, signalling consolidation as hot inflation and fading altcoin catalysts push capital toward the largest digital asset.
Gold was supposed to rally on war. It fell 12 percent instead.
Since Iran's military escalation began in March 2026, gold has fallen 12% — defying every historical crisis playbook. The mechanism that broke the trade isn't a mystery, but it rewrites the outlook for the world's oldest safe haven.
Schiff flags regime shift as oil, yields and gold climb
Oil, Treasury yields and gold are rising in tandem for the first time since 2022 — a correlation breakdown that Peter Schiff says signals a market regime change driven by persistent inflation. Traditional economists see cost-push pressure arriving faster than Schiff's model predicts.
Oil surges 8% to $109 after Trump rejects Iran peace offer
Brent crude surged 8 per cent to $109.74 a barrel after President Trump rejected Iran's peace proposal as unacceptable, extinguishing weeks of cautious optimism that diplomacy could reopen the Strait of Hormuz.
Markets face April CPI test as earnings tide lifts tech to records
Investors head into the week of May 11 facing the April consumer price index and earnings from Circle, Nebius, and Applied Materials. The S&P 500 gained 2.3 per cent last week and the Nasdaq closed at a record, with the tech sector up 7 per cent.
Bitcoin touches $80,000 as Project Freedom shifts Iran war sentiment
Bitcoin touched $80,000 in overnight trading, its highest since late January, as President Trump announced Project Freedom to secure safe passage through the Strait of Hormuz. The cryptocurrency has gained roughly 20 per cent since the US-Iran conflict began, outperforming equities and gold.
Santiment flags correction risk as Bitcoin bullish talk spikes to four-month high
Bullish-to-bearish commentary ratio hits 1.37 on social media as BTC trades above $80,000, but on-chain data show daily active wallets at a two-year low and analysts are split on whether the rally has further to run.
Bitcoin resistance at $86,000 and $93,000 mirrors three prior cycles, analyst says
Crypto analyst Michaël van de Poppe has identified two resistance zones for Bitcoin at $86,000 to $88,000 and $93,000 to $95,000, arguing the setup echoes bull-cycle patterns from 2017, 2021, and 2024. A period of consolidation above $80,000 could clear the way for altcoin strength, he said.
Oil pushes higher, gold erases gains after US and Iran trade weekend threats
Oil prices pushed higher and gold surrendered its recent gains after Washington and Tehran traded threats over the weekend, the latest blow to a seven-week-old ceasefire that had briefly raised expectations the Strait of Hormuz would reopen.
Fund Managers Add S&P 500 Longs, Trim Treasury Shorts
Speculators added to S&P 500 futures and cut bearish Treasury wagers in the week ended May 5, CFTC data showed Friday. Positioning tilted slightly more bullish on equities while rate-cut expectations remain anchored in 2027.
S&P 500 and Nasdaq hit records as chipmakers surge, jobs beat
The S&P 500 closed at a record 7,398.93 and the Nasdaq at an all-time high of 26,247.08 on Friday, extending both indices' winning streak to six weeks as an AI chip rally and a stronger-than-expected April jobs report powered the advance.
Bitcoin ETFs see $277.5M in outflows as BTC slips below $80,000
U.S. spot Bitcoin ETFs recorded $277.5 million in net outflows on Thursday, snapping a five-day inflow streak. Fidelity's FBTC led the retreat as Bitcoin fell below $80,000 for the first time in a week.
Bitcoin Holds Above $80,000 on SEC Regulatory Shift and Iran Hedging
Bitcoin held above $80,000 through Thursday's session as traders pointed to a regulatory pivot in Washington and demand for alternative stores of value. The Iran-US conflict entered another week without a ceasefire, while altcoins and blockchain equities moved higher in tandem.