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Australian Dollar climbs as Iral deal hopes, weak US GDP sinks USD
The Australian Dollar advances some 0.25% on Thursday on reports that Iran and the US reached a deal, as economic data in the US revealed that the economy grew at a slower pace than projected. At the time of writing, the AUD/USD trades at 0.7158, after bouncing off daily lows of 0.7097.
Fxstreet
Thu, May 28
Commodities
WTI reverses gains as hopes for US-Iran agreement improve sentiment
West Texas Intermediate (WTI) crude Oil sees sharp two-way price swings on Thursday as traders track rapidly changing US-Iran developments. At the time of writing, WTI is trading little changed around $88 per barrel after hitting an intraday high of $91.27.
Fxstreet
Thu, May 28
Cryptocurrencies
VanEck BNB spot ETF goes live but fails to lift BNB as broader risk-off sentiment dominates
VanEck launched the VanEck BNB ETF on Thursday, providing access to Binance’s native token BNB. The spot Exchange-Traded Fund (ETF) has been listed on NASDAQ under the ticker VBNB.
Fxstreet
Thu, May 28
Cryptocurrencies
Can The Ripple Banking License Serve To Push The XRP Price To $25?
Ripple’s march to full banking status is one of the biggest talking points among members of the XRP community, with some analysts and enthusiasts asking whether the regulatory milestone could serve as the factor that pushes XRP into price territory it has never previously reached.The company&#...NewsBTC
Thu, May 28
Market Movers
SanDisk Corporation Stock (SNDK) Moved Up by 5.71% on May 28: Drivers Behind the Movement
• SanDisk stock rose on analyst upgrades and AI memory sector strength. • Company secured over $42 billion in five-year supply agreements. • SanDisk advances High Bandwidth Flash technology for AI workloads.
TradingKey
Thu, May 28
Market Movers
Applovin Corp Stock (APP) Moved Up by 6.04% on May 28: Facts Behind the Movement
• Applovin beat Q1 2026 revenue estimates and provided strong Q2 guidance. • The upcoming Axon platform launch is a key growth driver for Applovin. • Analysts are raising price targets and maintaining buy ratings on Applovin.
TradingKey
Thu, May 28
Market Movers
Thermo Fisher Scientific Inc Stock (TMO) Moved Up by 5.14% on May 28: Drivers Behind the Movement
• TMO stock rose on strong Q1 2026 results, exceeding expectations. • New advanced mass spectrometers launched, targeting research and pharma. • Expanded global bioanalytical lab in Sweden; announced microbiology business sale.
TradingKey
Thu, May 28
Market Movers
Seagate Technology Holdings PLC Stock (STX) Moved Up by 3.02% on May 28: Key Drivers Unveiled
• Seagate's quarterly results surpassed expectations; outlook is optimistic. • Analysts have upgraded Seagate, citing strong storage demand and pricing. • Seagate benefited from debt restructuring and increased institutional investment.
TradingKey
Thu, May 28
Market Movers
Amphenol Corp Stock (APH) Moved Up by 4.70% on May 28: A Full Analysis
• Amphenol exceeded Q1 2026 expectations and forecast optimism. • Company is positioned for AI data center growth and optical interconnects. • Analysts maintain positive ratings and higher price targets.
TradingKey
Thu, May 28
Cryptocurrencies
Analyst Predicts The ‘Biggest Altcoin Season Ever’, Reveals The Real Drivers
Crypto analyst Fergani has predicted that the biggest altcoin season will happen this year. The analyst also revealed the catalyst that will drive this bullish momentum for altcoins, as he noted that this could be the latest real run for these crypto assets. Analyst Predicts This Year Will Be The Bi...Bitcoinist
Thu, May 28
Economic Indicator
Fed’s Musalem: Rate hikes loom if disinflation stalls
The St. Louis Fed President, Alberto Musalem, crossed the wires on Thursday, and said that rate hikes may be needed if inflation doesn’t ease, at a Central Bank of Iceland and Northwestern University economic conference in Reykjavik.Fxstreet
Thu, May 28
Indices
United States Dollar Index trims gains after Axios reports preliminary US-Iran truce deal
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trims earlier gains on Thursday as traders react to fresh geopolitical headlines surrounding US-Iran negotiations.Fxstreet
Thu, May 28
Market Movers
Qualcomm Inc Stock (QCOM) Moved Up by 3.66% on May 28: What Signal Does It Send?
• Qualcomm launched Snapdragon C Platform for Windows laptops. • Qualcomm secured ByteDance AI chip supply deal for data centers. • Analyst upgrades and price targets reflect positive growth prospects.
TradingKey
Thu, May 28
Market Movers
International Business Machines Corp Stock (IBM) Moved Up by 4.04% on May 28: Key Drivers Unveiled
• IBM to invest $10B in quantum computing by 2029. • Project Lightwell commits $5B to secure open-source AI. • Analysts maintain "Buy" ratings with average target $275.43.
TradingKey
Thu, May 28
Market Movers
Advanced Micro Devices Inc Stock (AMD) Moved Up by 3.17% on May 28: Facts Behind the Movement
• AMD stock saw positive movement driven by strong Q1 2026 results. • Analysts are optimistic about AMD's AI initiatives and data center growth. • A new partnership with Rocket One enhances AMD's AI development capabilities.
TradingKey
Thu, May 28
Market Movers
Ge Vernova Inc Stock (GEV) Moved Down by 3.33% on May 28: Key Drivers Unveiled
• GE Vernova declined due to market headwinds and analyst report. • Analyst report cited unrealistic "hyper-growth" AI demand expectations. • Insider selling and institutional position reductions preceded decline.
TradingKey
Thu, May 28
Market Movers
Shopify Inc Stock (SHOP) Moved Up by 3.38% on May 28: What Signal Does It Send?
• Shopify's Q1 2026 earnings surpassed expectations with record GMV. • AI integration and features are enhancing merchant capabilities and growth. • B2B segment growth and share repurchases bolster investor confidence.
TradingKey
Thu, May 28
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