In brief
Futures & Derivatives
Binance Launches OPENAIUSDT Pre-IPO Perpetual Contracts
Binance Futures launched OPENAIUSDT perpetual contracts tied to OpenAI-related pre-IPO market speculation.
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Daily edition28May 2026
Thursday
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Thursday
7 news articles · 7 briefs · 1 guides-
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In brief Business
Cognition Raises $1 Billion as AI Coding Demand Accelerates
Cognition raised more than $1 billion as enterprise adoption of its Devin AI coding agent accelerated.
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In brief Crypto
Samsung Units Buy $408 Million Stake in Upbit Operator Dunamu
Samsung affiliates acquired a $408 million stake in Upbit operator Dunamu as institutional interest in crypto infrastructure grows.
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In brief Markets
Snowflake Shares Jump 35% on AI Growth and Amazon Agreement
Snowflake shares surged 35% after strong earnings and a $6 billion computing agreement with Amazon.
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Former Ferrari Chairman Slams New Ferrari Luce as Backlash Against EV Design Grows
Former Ferrari chairman Luca di Montezemolo criticized the new Ferrari Luce, saying the electric supercar risks 'destroying the legend' of the iconic brand amid widespread backlash over its design.
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In brief Markets
Michael Burry Warns AI IPO Boom Could Rival Dot-Com Bubble
Michael Burry warned upcoming AI-related IPOs could rival the scale of the dot-com era fundraising boom.
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Entrepreneur Made Hundreds of Thousands Selling Retro Phones and CD Players to Gen Z
A 28-year-old entrepreneur built a fast-growing business selling refurbished retro gadgets like old Motorola phones, CD players, and digital cameras to Gen Z consumers seeking a break from smartphones.
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In brief Markets
Nebius Shares Jump 10% After Situational Awareness Reveals Stake
Nebius shares rose 10% after Situational Awareness disclosed a 5.6% stake in a new 13F filing.
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Story of the Day MarketsAsian Markets Lose Over $300 Billion as Taiwan, Korea, and Japan Stocks Slide
Asian stock markets suffered a sharp selloff as Taiwan, South Korea, and Japan erased more than $300 billion in combined market value during a broad regional decline.
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News MarketsClickHouse Reaches $250 Million ARR as Database Company Eyes IPO
ClickHouse tripled its annual recurring revenue to $250 million over the past year as the database company prepares for a potential IPO in the coming years.
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In brief Markets
Taiwan Stock Market Reaches $5 Trillion Valuation for First Time
Taiwan’s stock market surpassed a $5 trillion valuation as TSMC and AI-driven chip stocks rallied to record highs.
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News MarketsSouth Korea Becomes Second Country After U.S. With Multiple $1 Trillion Companies
South Korea became the second country after the United States to have more than one public company valued above $1 trillion, led by Samsung and SK Hynix.
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News MarketsSK Hynix Surpasses $1 Trillion Valuation as AI Memory Demand Explodes
SK Hynix officially joined the $1 trillion market cap club after shares surged 11%, fueled by record earnings and booming demand for AI memory chips used in Nvidia systems.
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News MarketsSouth Korea’s KOSPI Hits Record High After Adding $220 Billion in Market Value
South Korea’s KOSPI surged to a record high after gaining roughly $220 billion in market value, driven by sharp rallies in Samsung and SK Hynix shares.
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Guide EconomyWhat Is Monetary Policy? A Beginner’s Guide
Monetary policy uses interest rates and other tools to influence inflation, credit, employment, and economic activity. Learn how central-bank decisions reach households, businesses, and markets.
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