Market news
Crypto, stocks, forex and macro, aggregated for traders.
Perpetual to Acquire 70% of Interfi Systems
Perpetual will purchase a 70% stake in Interfi Systems, with an option to buy the remaining 30% by FY31. The deal is expected to close before the end of June, funded from internal cash.
Lululemon Q2 Guidance Hit by Clearance Sales, Middle East Disruption
Lululemon's Q2 guidance reflects higher clearance levels and Middle East franchise disruption, though China sales rose mid-to-high teens. The company cited missed expectations on product launches and a yoga campaign, with negative commentary impacting results.
Broad Market Rallies Despite Stumble by Key Leader
Wall Street stocks advanced broadly on Thursday even as a major market leader declined, surprising investors.
Dow Jones Industrial Average Hits Record Above 51,000 as Investors Rotate Out of Chip Stocks
The Dow Jones Industrial Average surged 1.7% to close above 51,000, reaching a new all-time high, amid a rotation out of semiconductor stocks.
Rostelecom Forecasts Double-Digit Net Profit Growth Through 2030
Rostelecom's deputy president and CFO Anna Tregubenkova told Interfax that the company expects annual double-digit net profit growth under its new strategy through 2030.
Tech Stocks and Oil Drop as Broadcom Results Weigh on Nasdaq
Tech stocks and oil prices declined after Broadcom's disappointing results pushed the Nasdaq into negative territory for a second consecutive day.
Evtushenkov Reveals Sber Negotiations for Ozon Stake; No Deal Reached
Vladimir Evtushenkov disclosed that AFK Sistema held talks with Sberbank about selling a stake in Ozon, but no agreement was reached. Sber CEO Gref reiterated the bank does not plan to invest in marketplaces.
Hamamatsu Photonics, NKT, Yaqumo Partner on Cold-Atom Quantum Photonics
Hamamatsu Photonics, its subsidiary NKT Photonics, and startup Yaqumo signed a memorandum of understanding to jointly develop and commercialize photonic systems for cold-atom quantum computers.
Sber Unveils First Banking MCP for Corporate Clients at PMEF
Sber presented its first banking Model Context Protocol (MCP) for corporate clients at the St. Petersburg International Economic Forum, enabling AI agents to perform operations in SberBusiness.
VTB Says AI-Powered Tool Boosts Client Investment by 25%
VTB's brokerage unit reports that clients using its AI 'Intellect' service invest an additional 25,000 rubles for every 100,000 rubles allocated to the tool, according to an interview at SPIEF.
VTB Plans Secondary Share Offering, Aims to Resume 50% Dividend Payout
VTB Bank is planning a secondary share offering with unique features for the Russian market. The bank aims to gradually return to paying 50% of net profit as dividends, according to First Deputy Chairman Dmitry Pianov.
Alfa-Bank to finance Efko food plant expansion for over 10 bln rubles
Alfa-Bank has signed a deal to finance the expansion of the Tula Food Processing Plant of Efko, with investments exceeding 10 billion rubles. The plant's capacity will reach 270,000 tonnes, and over 1,000 jobs will be created.
Segezha Group Aims for Positive Free Cash Flow by End of 2026, AFK Sistema Says
AFK Sistema president Tagir Sitdekov expects Segezha Group to reach zero or positive free cash flow by the end of 2026, according to a business plan update.
SpaceX Sets IPO for June 12 at $135/Share, Seeks $75B Raise
SpaceX has announced its IPO roadshow starting today, with the listing planned for June 12 on Nasdaq at a fixed price of $135 per share, aiming for a $1.75 trillion valuation and a record $75 billion raise.
KAMAZ Cuts 2026 Investment Budget by Two-Thirds on Debt Concerns
KAMAZ has reduced its 2026 investment budget by two-thirds due to rising debt, according to CEO Sergey Kogogin. The company is focusing on operational efficiency and continuing to develop its product lineup.
Moscow Exchange Chair: Russia's Market Moving 'In the Wrong Direction'
Sergey Shvetsov, chairman of the Moscow Exchange supervisory board, said at the St. Petersburg International Economic Forum that the Russian stock market is moving quickly but in the opposite direction from the presidential goal of increasing market capitalization.
Space ETF assets surpass $5B, NASA fund surges 50% since launch
Total assets in space-themed ETFs have exceeded $5 billion for the first time, more than doubling since the start of 2026. The Space Innovators ETF ($NASA) hit a record $2.6B in AUM, with its price up 50% since its March 30 launch.
Anthropic Taps Morgan Stanley, Goldman Sachs for IPO, Valuation Hits $965B
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its upcoming IPO, with a valuation of $965 billion, surpassing OpenAI, per Bloomberg.
BitMine Files for Preferred Shares, Holds $9B Unrealized Loss on ETH
BitMine has filed an application to issue preferred shares, disclosing an unrealized loss exceeding $9 billion. The company is the largest corporate holder of ETH, and its CEO expects a 10-15 year super-bull cycle.
Quantinuum Boosts IPO Size, Raises Price to $60/Share on Strong Demand
Quantinuum, a quantum computing company backed by Honeywell, has increased its IPO size and raised the offering price to $60 per share due to surging demand, aiming to raise $1.68 billion.
Polyus Increases Blagodatnoye Ore Processing by 90% to 17 Mt/y
Polyus plans to complete construction of a new gold recovery plant in Krasnoyarsk by end of 2026, raising ore throughput at Blagodatnoye by 90% to 17 million tons per year.
Russia Touts Fintech Lead, T-Bank Crew at Forefront at SPIEF
At the St. Petersburg International Economic Forum, Russia declared it has secured world-class fintech status, with T-Bank's team singled out as pioneers. T-Technologies head Stanislav Bliznyuk spoke at the T-Dvor event.
VTB Survey: 25% of Investors Ready to Use AI for Decisions
A VTB My Investments survey finds one in four investors willing to use AI for trading decisions, as the broker reports adding 1,500-2,000 new accounts weekly to its AI service 'Intellect'.
Microsoft Unveils Majorana 2 Quantum Chip with 1000x Qubit Stability
Microsoft has announced its next-generation topological quantum chip, Majorana 2, claiming over 1000x improvement in qubit stability and qubit lifetimes exceeding 20 seconds. The company aims to build a scalable quantum computer by 2029.