Economy

Economy
Economy

Top catalysts for S&P 500 Index, SPY, and VOO ETFs this week

The S&P 500 Index and its exchange-traded funds (ETFs) like VOO and SPY surged to their record highs last week as the first-quarter earnings season accelerated. The SPX Index was trading at $7,230, up sharply from last month’s low of $6,330. This article explores some of the top catalysts to watch this week. S&P 500

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Economy

Is Big Tech’s $725B AI splurge being funded by mass layoffs?

A widely reported figure this past week is that 81,747 tech workers lost their jobs in Q1 2026, the highest quarterly layoff figure the industry has seen in at least two years. This has sparked the debate once again about large tech firms, AI and layoffs. But most of those opinions are missing the actual

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Economy

Kraken secures rare CFTC trifecta after closing Bitnomial acquisition

Kraken’s parent firm, Payward, has completed its acquisition of Bitnomial, securing a full set of US derivatives licenses and setting the stage for regulated crypto trading products. According to a company statement released Friday, the deal gives Payward, the parent of Kraken, control of three key registrations under the Commodity Futures Trading Commission, including a

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Economy

AMD stock gets overbought and overvalued: is it a buy ahead of earnings?

AMD stock price has gone vertical this year and moved to a record high as the AI boom gained steam. It has soared in the five consecutive weeks, bringing its total market capitalization to over $587 billion. This rally will be in focus as the company publishes its financial results. AMD stock price has become

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Economy

eBay stock jumps after GameStop’s $56B takeover bid by Cohen

Shares of eBay moved sharply higher in premarket trading on Monday after Ryan Cohen, chief executive of GameStop, made an unsolicited offer to acquire the company for about $56 billion. The stock rose roughly 7.4% before the opening bell, extending gains after reports that GameStop had been quietly building a stake in the online marketplace

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Economy

Dow falls 200 pts as Middle East tensions rattle markets, oil prices jump

Wall Street’s main indexes opened mixed, putting a volatile start to the week on Monday, as rising geopolitical tensions in the Middle East offset optimism from a strong earnings backdrop and recent record highs. The Dow Jones Industrial Average fell 216 points or 0.44%, the S&P 500 slipped 0.12%, while the Nasdaq Composite was up

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Economy

Here’s why Palantir stock will rocket higher after earnings today

Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday. Palantir stock in the spotlight ahead of earnings The PLTR stock price has crashed in the

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Economy

Analysts see 80% upside in this quantum stock pre-earnings

Quantum computing is about to get its biggest reality check of 2026. IonQ reports first-quarter results on Wednesday, May 6, after the close, while D-Wave Quantum follows on Tuesday, May 12, before the open. The setup is unusually stark, as D-Wave is trading at $20.49 and IonQ at $46.63, but Wall Street’s optimism is much

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Economy

Bitget CFD volume surges to $8B as gold trading drives accelerated growth

Victoria, Seychelles, May 4, 2026— Bitget, the world’s largest Universal Exchange (UEX), has recorded a new milestone in its CFD business, with daily trading volume reaching $8 billion, less than half a month after surpassing $6 billion in March. The surge comes amid a broader rise in global gold demand and trading activity. Investment demand

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Economy

Bitget marks Blockchain4Youth anniversary with BTC Pizza Day campaign

Victoria, Seychelles, May 4, 2026 – Bitget, the world’s largest Universal Exchange (UEX), is celebrating the 3rd anniversary of Blockchain4Youth with the launch of Boxed for Opportunity, a global campaign designed to connect emerging Web3 talent with real industry opportunities. Launched alongside the spirit of Bitcoin Pizza Day, the campaign brings a creative new format

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