Gold recorded its steepest weekly decline in more than four decades, falling 11% to $4,488 per ounce. Rising oil prices and expectations of prolonged high interest rates weakened its safe-haven appeal.
Kalshi has raised more than $1 billion in a new funding round, valuing the prediction market platform at $22 billion. The deal highlights growing investor interest in event-driven trading markets.
S&P Dow Jones Indices has licensed the S&P 500 for use in perpetual futures contracts on Hyperliquid. The move brings a major equity benchmark into the crypto derivatives market.
Nissan plans to export U.S.-built vehicles to Japan, joining Toyota and Honda in reversing traditional trade flows. The move reflects shifting global production strategies in the auto industry.
The European Union is set to introduce a new “EU Inc” company structure aimed at simplifying cross-border business operations. The initiative seeks to reduce regulatory friction for startups and investors across the bloc.
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Mastercard unveiled a new crypto partner program linking 85 digital asset companies to expand cross-border payments and B2B transactions. The initiative aims to integrate blockchain-based transfers into mainstream financial infrastructure.
Japan’s massive holdings of U.S. Treasury bonds have come into focus as investors debate whether foreign selling could pressure global bond markets. Analysts say fears of large-scale liquidation highlight growing fragility in the world’s largest debt market.
Oil prices surged toward $120 per barrel as the conflict involving Iran intensified fears of supply disruptions through the Strait of Hormuz. Global equity markets fell sharply as energy costs spiked.
BlackRock capped investor withdrawals from its $26 billion HPS Corporate Lending Fund after redemption requests surged to about $1.2 billion. The move highlights growing stress in the rapidly expanding private credit market.
