News
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Stocks
1 Top Cryptocurrency to Buy Before It Soars 9,105%, According to MicroStrategy's Co-Founder Michael Saylor
With Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, now having recently surpassed $111,000, few investors have done better than MicroStrategy's co-founder Michael Saylor. Saylor made a big bet on Bitcoin in 2020, investing most of the company's remaining capital in Bitcoin, and has been ...The Motley Fool
Wed, May 28
Stocks
US STOCKS-US stock futures muted after sharp rally, focus on Nvidia earnings
Futures: Dow flat, S&P 500 up 0.07%, Nasdaq up 0.18%Nvidia results due after markets closeAzul falls on bankruptcy filingBy Shashwat Chauhan and Kanchana Chakravarty May 28 (Reuters) - U.S. stock index futures were subdued on Wednesday after a sharp rally in the previous session, when cooling...Reuters
Wed, May 28
Economic Indicator
USD/CNH: Likely to trade between 7.1750 and 7.1950 – UOB Group
US Dollar (USD) is likely to trade between 7.1750 and 7.1950 against Chinese Yuan (CNH). In the longer run, downward momentum is slowing; a breach of 7.2070 would mean that the downward bias has faded, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, May 28
Other
Morning News Call - U.S., May 28
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, May 28
Forex
USD/JPY: Any advance is likely limited to a test of 144.80 – UOB Group
US Dollar (USD) could strengthen further vs Japanese Yen (JPY); deeply overbought conditions suggest that any advance is likely limited to a test of 144.80. In the longer run, week-long USD weakness has stabilised; USD is likely to trade in a 142.70/145.30 range.
Fxstreet
Wed, May 28
Other
GSK, Spero to stop urinary tract infection drug trial due to early success
May 28 (Reuters) - Spero Therapeutics SPRO.O and partner GSK GSK.L said on Wednesday that an experimental drug for complicated urinary tract infections met the main goal of a late-stage trial and the companies will be stopping the trial early for efficacy.Reuters
Wed, May 28
Forex
NZD/USD: To trade sideways between 0.5920 and 0.5980 – UOB Group
New Zealand Dollar (NZD) could trade sideways between 0.5920 and 0.5980 against US Dollar (USD). In the longer run, momentum is slowing rapidly; the chance of NZD breaking decisively above 0.6030 is slim, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, May 28
Stocks
CANADA STOCKS-TSX futures slip ahead of Nvidia results
May 28 (Reuters) - Futures for Canada's main stock index edged lower on Wednesday, pulling back from the previous session's record high, as investors awaited trade-related developments and chip giant Nvidia's quarterly results later in the day.June futures on the S&P/TSX index SXFcv1...Reuters
Wed, May 28
Cryptocurrencies
Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement
Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on ...NewsBTC
Wed, May 28
Cryptocurrencies
Japan’s bond market flashes warning over US outflows and carry trade unwind
Japan’s long-term bond yields are exploding upward in a way that’s turning global capital markets into a minefield, especially for the US As of last week, 40-year Japanese government bonds hit a record yield of 3.689%, before easing to 3.318% by Wednesday — still nearly 70 basis points higher since January. Meanwhile, the 30-year yield […]Cryptopolitan
Wed, May 28
Stocks
2 AI Stocks to Buy Hand Over Fist Right Now
Growth stocks have had an up-and-down year so far. Despite bullish projections heading into 2025, President Donald Trump's global trade reset has weighed on markets, with the benchmark S&P 500 close to flat year to date, despite a recent marketwide trend reversal.However, savvy investors know that m...The Motley Fool
Wed, May 28
Stocks
1 Unstoppable "Magnificent Seven" Stock Bound for a $5 Trillion Valuation
Each of the world's largest companies currently hovers around the low $3 trillion mark, but eventually, we'll likely see a $5 trillion business. Just a few years ago, nobody had ever seen a $1 trillion company.One company likely to reach $5 trillion over the next decade is Amazon (NASDAQ: AMZN). Ama...The Motley Fool
Wed, May 28
Other
Health Rounds: HIV pill improves diabetic eye disease without injections
By Nancy LapidMay 28 (Reuters) - An inexpensive pill for treating HIV could become an alternative to injections for diabetic eye disease, a small study suggests. “An oral drug that improves vision in diabetic macular edema (DME) would be a game changer because it would be more convenient for patient...Reuters
Wed, May 28
Forex
Sterling steady against the dollar as economic data, trade deals offer support
By Linda Pasquini May 28 (Reuters) - Sterling was steady against the dollar on Wednesday, hovering near Monday's three-year high, as it continued to be supported by favourable economic data last week as well as Britain's recent trade deals.Investors also looked towards a multi-year spendi...Reuters
Wed, May 28
