Market news
Crypto, stocks, forex and macro, aggregated for traders.
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.
Euro Rises as Israel-Lebanon Ceasefire Boosts Risk Appetite
EUR/USD edges higher on Wednesday as easing Middle East tensions reduce safe-haven demand for the US Dollar, pushing the pair to around 1.1625, up 0.25% on the day.
British Pound Wavers as Lebanon Ceasefire Reports Flip
GBP/USD seesawed after news of a Lebanon ceasefire agreement was followed by reports that Hezbollah rejected the plan. The pair traded at 1.3439 after bouncing off daily lows.
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.
AUD/USD Trims Gains After RBA Bullock's Hawkish Remarks
The Australian dollar pulled back from intraday highs after Reserve Bank of Australia Governor Michele Bullock struck a hawkish tone, while stronger US labor data lifted the greenback.
VTB Proposes Attracting Asian Investors for Large Russian Projects
At the St. Petersburg International Economic Forum, VTB deputy chairman Vitaly Sergeychuk suggested partnering with Asian investors, particularly Chinese, to fund capital-intensive projects through a model that exchanges financing and technology for long-term product purchase contracts.
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.
S&P 500 ETF VOO First to Hit $1 Trillion in AUM
The VOO ETF has become the first exchange-traded fund to surpass $1 trillion in assets under management, fueled by $69 billion in inflows so far in 2026.
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.
BNY: Middle East Conflict Now Main Driver of Global Outlook
BNY's Bob Savage says the OECD sees the Middle East conflict as the primary shaper of the global outlook, with surging energy and input prices boosting inflation and weighing on growth.
Alfa-Bank Partners with DelExpress, Increases Credit Limit for Logistics Investments
Alfa-Bank has signed a strategic partnership agreement with logistics operator DelExpress, including a credit limit increase to support two new investment projects in the fertilizer and automotive sectors.
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.
Russia's Central Bank Weighs Restrictions on Early Redemption of 'People's Bonds'
The Bank of Russia is considering revising the terms of 'people's bonds', with First Deputy Chairman Vladimir Chistyukhin discussing possible restrictions on early redemption in an interview with Radio RBC.
Bitmine CEO Tom Lee Predicts ETH Will Surge 50x to $250,000
Tom Lee, head of Bitmine, forecasts Ethereum will reach $250,000, a 50x increase from current levels, despite his firm's massive unrealized losses and ongoing share dilution.
Russia and US to Sign Agreement on Alaska-Chukotka Tunnel Design
Russia’s special envoy Kirill Dmitriev announced at the St. Petersburg International Economic Forum that Russia and the US will sign an agreement to design a tunnel connecting Chukotka and Alaska.
Russia eyes top-3 global quantum tech position by 2030s
Ekaterina Solntseva, Rosatom's director for quantum technologies, says Russia has coordinated efforts nationwide — akin to the 1940s atomic project — and is now targeting the top three quantum nations within the next decade.
US Think Tanks Propose New Cyber Force Branch with $10-11B Budget
A joint report by the Center for Strategic and International Studies (CSIS) and the Foundation for Defense of Democracies (FDD) recommends creating a separate Cyber Force under the US Department of Defense, consolidating digital resources from Cyber Command and other branches. The new unit could reach initial operational readiness in 12-18 months with a starting budget of $10-11 billion.
Crypto roundup: Bitmine files preferred stock, DOJ freezes $3.8M, Standard Chartered sees BTC bottom
Bitmine filed for 3M shares of 9.5% preferred stock, DOJ froze $3.8M in crypto, and Standard Chartered says bitcoin's bottom is near. Other news: Arthur Hayes exits HYPE/NEAR, Coinbase launches pre-IPO perps, DDC adds 90 BTC, and first BTC-backed mortgage completed.
Ostrovok Valuation Estimated at 20-30 Billion Rubles Amid Tourism Boom
Experts value Russian hotel booking service Ostrovok at 20–30 billion rubles. A potential sale comes as the tourism sector sees strong growth, with collective accommodation revenues up 16% YoY, exceeding 1 trillion rubles.
Venezuela's Crude Oil Exports Surge 61% YoY to 1.25M bpd, Highest in 7 Years
Venezuela's crude oil exports jumped 61% year-on-year in May to 1.25 million barrels per day, the highest level in seven years, driven by rising shipments to the US, India, and Europe after sanctions eased.
Russia's 'Priority 2030' Program Aims to Address Tech Challenges, Says Official
A Russian official stated that the 'Priority 2030' program is designed to create a trigger for understanding markets and the lack of resources, aiming to efficiently use resources to respond to foreign technological challenges.
OPEC Sees Slowing Oil Demand Growth Due to Middle East Conflict, Calls It Insignificant
OPEC acknowledges a slowdown in oil demand growth linked to the Middle East conflict but views the impact as minor. The organization expects the global oil supply-demand balance to normalize by the end of 2026.
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.