Central Banks Double Gold Purchases as Poland and China Lead Buying
Central banks more than doubled their net gold purchases in May, led by Poland and China, as official institutions continued to increase their exposure to the...
Story of the Day - Page 3
Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
Latest Story of the Day News
Meta Rallies on Report of New AI Cloud Computing Business
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
X Expands X Money to Premium Users With Banking Features and FDIC Coverage
X has expanded access to X Money for select Premium subscribers in the United States, introducing digital payments and FDIC insurance coverage of up to $10...
Apple Raises Prices Across Macs, iPads and Home Devices Amid Memory Shortage
Apple increased prices across several Mac, iPad, Vision Pro, and home device products, citing unprecedented cost inflation driven by a global memory shortage.
Cboe Launches Prediction Market Platform Cboe Predicts
Cboe has launched Cboe Predicts, a new prediction market platform that allows traders to take directional positions on future market outcomes through regulated exchange-traded products.
Kevin Warsh’s First Fed Meeting Triggers Worst Market Reaction Since 1994
The S&P 500 fell 1.2% following Kevin Warsh’s first Federal Reserve meeting as chairman, marking the worst market reaction to a new Fed chief’s debut meeting...
SpaceX Surpasses $2.5 Trillion Valuation as Shares Top $200
SpaceX shares climbed above $200 for the first time, pushing the company’s valuation to approximately $2.5 trillion and making it one of the largest public companies...
Elon Musk Becomes the World’s First Trillionaire Following SpaceX IPO
Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the...
U.S. Markets Erase $1.8 Trillion in Two Hours as Broad Selloff Hits Stocks, Metals, and Crypto
U.S. markets lost roughly $1.8 trillion in value within two hours as stocks, precious metals, and cryptocurrencies sold off sharply following shifting expectations surrounding a potential...
Goldman Sachs Forecasts 100-Fold Increase in SpaceX AI Revenue by 2030
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial...
Jensen Huang Calls Marvell the Next Trillion-Dollar Company
Marvell shares surged after Nvidia CEO Jensen Huang described the company as the next potential trillion-dollar business, highlighting its growing role in AI infrastructure and networking.
Microsoft Unveils Surface Laptop Ultra Powered by Nvidia RTX Spark
Microsoft is preparing to launch the Surface Laptop Ultra, its most powerful laptop yet, featuring Nvidia’s RTX Spark chip and positioning the device as a direct...