Cerebras Systems raises IPO price range amid massive oversubscription for AI chipmaker
Cerebras Systems, the AI chipmaker that has spent years positioning itself as the anti-Nvidia, is finding out just how hungry…
Month: May 2026
Federal Reserve’s Jerome Powell defends central bank independence amid Trump pressure
President Donald Trump has escalated his campaign against Fed Chair Jerome Powell to a level that’s making markets genuinely uncomfortable.…
Iran sends response to U.S. ceasefire proposal as oil and crypto markets watch closely
Iran has delivered its response to a U.S. ceasefire proposal through Pakistani mediators. This development adds a new layer of…
Donald Trump to discuss Iran war with Xi Jinping during Beijing visit
Donald Trump is heading to Beijing. The US president is scheduled to meet Chinese President Xi Jinping on May 14-15…
Why Is Strategy Valuable? CEO Says MSTR Is More Than Its BTC Holdings
Strategy President and CEO Phong Le said the company’s value extends beyond its bitcoin holdings because of its enterprise software…
‘A Lot Further to Go’: Ex-Goldman Strategist Predicts a Massive Breakout for the Brazilian Real
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real…
S&P 500 gains 142% with AI stocks, just 16% without them
Strip out the AI darlings from the S&P 500, and the index barely moved over the past two years. With…
Private-credit firms report decline in returns amid Fed rate cuts
As the Federal Reserve moves through its rate-cutting cycle, private-credit firms are watching their yields compress in real time. The…
CZ says US crypto rivals tried to block Trump pardon
Binance co-founder Changpeng “CZ” Zhao said rival crypto exchanges in the United States opposed his pardon request before President Donald…