The daily market timeline
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Wednesday
Wednesday
4 news articles · 3 briefs · 0 guidesS&P 500 market breadth has fallen to a five-month low, with only 42% of constituents above their 50-day moving averages despite the index remaining near record highs.
The U.S. Treasury is preparing to expand its debt buyback program as officials seek to ease pressure in the government bond market following a sharp rise in long-term Treasury yields.
Brent crude surged above $100 a barrel as escalating U.S.-Iran attacks on oil tankers near the Strait of Hormuz intensified fears of a deeper disruption to global energy supplies.
LIV Golf has filed for Chapter 11 bankruptcy protection with up to $1 billion in liabilities as the Saudi-backed league seeks to restructure around a new model that would make its players majority owners.
Qualcomm shares jumped after the chipmaker secured a multi-generation Amazon AI infrastructure deal potentially tied to as much as $60 billion in business.
Mistral AI raised €3 billion at a valuation above €21 billion, nearly doubling its value as the European AI developer accelerates global expansion.
Anthropic has reportedly abandoned plans to acquire AI startup Decart for about $6 billion after completing due diligence, although the reason behind its decision remains unclear.
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