June 11, 2025

BlackRock’s Bitcoin fund blows past $70B


BlackRock’s spot Bitcoin exchange-traded fund has become the fastest ETF in history to surpass $70 billion in assets under management. BlackRock’s Bitcoin ETF milestone came shortly after the fund wrapped up a massive 31-day inflow streak.
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June 10, 2025

S&P 500 ends slightly up; traders watch US-China trade talks


The S&P 500 ended slightly higher, lifted by Amazon and Alphabet, while investors watched U.S.-China negotiations aimed at mending a trade dispute that has rattled financial markets for much of the year.
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June 10, 2025

Dollar softens as US-China talks take spotlight


The U.S. dollar weakened against most major currencies, moving in narrow ranges, as market participants consolidated gains racked up following Friday’s better-than-expected U.S. employment report and shifted their focus to pivotal U.S.-China trade talks in London.
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June 10, 2025

Qualcomm strengthens AI portfolio with Alphawave deal


U.S. chipmaker Qualcomm agreed to acquire Alphawave for about $2.4 billion, as it expands into the booming AI data center market, sending shares of the British semiconductor company surging more than 22%.
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June 9, 2025

Fed likely to leave rates unchanged as US job market cools but doesn’t crumble


Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report showing the labor market is far from crumbling amid big trade policy changes only cements that stance. U.S. President Donald Trump ratcheted up his calls for rate cuts.
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June 9, 2025

Crude climbs on US jobs report, China talks


Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report and resumed trade talks between the U.S. and China, raising hopes for growth in the world’s two largest economies. After a 3.0% dip during the last session, the Oil-Dollar pair closed 2.3% […]
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