US producer prices increased 6.5% in May, marking the fastest rise since November 2022, driven by ongoing inflation pressures amid geopolitical tensions.
US Producer Prices Rise at Fastest Pace in More Than Three Years
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SpaceX IPO: Live Updates and Commentary
SpaceX begins trading on Nasdaq under SPCX on June 12, marking a significant milestone amid market excitement and complex lockup arrangements.
India VIX Closes at 15.61 As Middle East Tensions and Inflation Concerns Continue Keeping Volatility High
India VIX ended at 15.61 on Thursday, reflecting elevated market volatility driven by Middle East tensions and US inflation data, with ongoing global risks.
Investors pull $64.5m from VIX-based volatility ETFs By Investing.com
Investors pulled $64.5 million from VIX-based volatility ETFs, signaling shifts in market sentiment amid recent volatility concerns.
SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $72-per-share leap of faith
SpaceX’s record-breaking IPO values the company at $1.77 trillion, sparking divided opinions on its fundamentals and future prospects. Market reactions remain uncertain.
Client asset intake portal for accountants
A new client asset intake portal for small accounting firms is being tested to streamline document collection and reduce administrative loops.
King Luther Capital Management Corp Has $129.43 Million Stake in Meta Platforms, Inc. $META
King Luther Capital Management increased its Meta holdings by 5.5% in Q4, now owning $129.43 million worth of Meta shares, according to SEC filings.
Nasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise
Stocks decline sharply amid strong jobs data, rising Treasury yields, and a sell-off in AI stocks, marking the worst day of the year for major indices.
Nasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates
The Nasdaq index fell 4.18% on June 5, its worst day since April 2025, amid a broad tech sell-off driven by chip stocks and investor concerns about interest rates.
Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
U.S. stocks closed lower amid falling chip stocks and stronger-than-expected jobs data, fueling concerns over potential interest rate hikes.
