The Latest News

Finfluencer Row: SEBI Bans 7 Entities In Social Media Stock Manipulation Scandal

SEBI is probing seven individuals for allegedly using Telegram, WhatsApp and X to influence retail investors and profit from small-cap stock trades.

US-Iran War News Highlights: ‘Some Progress On Iran, But Not There Yet’, Says Marco Rubio

While intensive backchannel talks are underway with Iranian leadership, US Secretary of State Marco Rubio offered a cautious reality check

Heatwave Hits Maharashtra: State Accounts For Most Cities With 45-Degree Plus Temperatures

India is experiencing a severe heat wave, and the IMD has issued red, orange, and yellow alerts for UP, Maharashtra, Rajasthan, Punjab, Odisha, Andhra Pradesh, and Chhattisgarh.

Meet Kevin Warsh: The Bush-Era Inflation Hawk Back As Fed’s Wartime Chair

A Fed veteran, Warsh earlier served as a governor during the critical period from 2006 to 2011, spanning the global financial crisis.

Trump-Pick Kevin Warsh Takes Oath As Fed Chair, Vows Tackling Inflation Amid Rate Hike Fears

Warsh said it was "the honour of a lifetime" to return to public service, adding that the coming years could deliver "unmatched prosperity" if supported by the right policy framework.

Wall Street Rally Shows Warsh Preferred To Lead Fed, Says Trump; Reaffirms ‘Total Independence’

Trump says markets are cheering Kevin Warsh's potential elevation to the Federal Reserve, while promising the former Fed governor "total independence" to steer monetary policy and reform the central bank.

Animesh Kujur Breaks 100m National Record Again: Who Is India’s Fastest Sprinter?

The 22-year-old Animesh Kujur reclaimed the national record in Ranchi after Gurindervir Singh briefly broke his mark minutes earlier.

IPL 2026: Heinrich Klassen Smashes Quickfire Fifty Vs RCB, Propels SRH Beyond 200 — Watch

Heinrich Klaasen Smashes 23-Ball Fifty As SRH Dominate RCB at the Rajiv Gandhi International Stadium, Hyderabad.

Ed Sheeran Parts Ways With Warner Music Group After 15 Years; Hints At New Chapter

Global music star Ed Sheeran's music catalogue includes massive global hits like Shape of You, while albums like Divide became huge commercial successes worldwide.

How SRH Can Still Snatch IPL 2026 Qualifier 1 Spot From RCB — Brutal NRR Equation Explained

With GT securing a massive Net Run Rate boost after thrashing CSK, Sunrisers Hyderabad's only route to Qualifier 1 is to hammer Royal Challengers Bengaluru by a record-breaking margin at the Uppal Stadium.

Mark Cuban Is ‘Factually Wrong’ With His Bitcoin Thesis, Scott Melker Argues

Billionaire investor Mark Cuban sold most of his Bitcoin (CRYPTO: BTC) holdings, saying the cryptocurrency “lost the plot” after failing to act as a hedge during the Iran war.

Yet, one analyst says Cuban got his facts wrong.

Cuban Claims Gold Ripped While Bitcoin Dropped During Iran War

Cuban had previously explained he bought Bitcoin as the best alternative to fiat currency losing value and believed it was a superior version of gold.

He argued that during the Iran war, gold skyrocketed to $5,000 while Bitcoin dropped instead of rising.

He pointed out that every time the dollar dropped, Bitcoin should have gone up because it would be cheaper for anyone around the world to buy. Instead, Bitcoin failed to perform as the hedge he expected.

Cuban said he’s “more disappointed in …

Full story available on Benzinga.com

US Market News

These Analysts Revise Their Forecasts On Hamilton Lane After Q4 Results

Hamilton Lane Inc (NASDAQ:HLNE) reported mixed results for the fourth quarter on Thursday. The company posted quarterly earnings of $1.49 per share which beat the analyst consensus estimate of $1.43 per share. The company reported quarterly sales of $193.566 million...

These Analysts Increase Their Forecasts On Ralph Lauren After Upbeat Q4 Results

Ralph Lauren Corporation (NYSE:RL) on Thursday posted stronger-than-expected fourth-quarter results. Adjusted earnings per share of $2.80 beat the analyst consensus estimate of $2.54. Quarterly sales of $1.98 billion outpaced the Street view of $1.85 billion. For...

Advance Auto Parts Analysts Raise Their Forecasts Following Better-Than-Expected Q1 Results

Advance Auto Parts Inc. (NYSE:AAP) on Thursday posted stronger-than-expected quarterly results. The company reported first-quarter adjusted earnings per share of 77 cents, beating the analyst consensus estimate of 45 cents. Quarterly sales of $2.614 billion outpaced...

These Analysts Cut Their Forecasts On Walmart After Q1 Results

Walmart Inc. (NASDAQ:WMT) on Thursday reported first-quarter results that topped revenue estimates but reaffirmed full-year guidance below Wall Street expectations. Adjusted earnings came in at 66 cents per share, matching analyst estimates. Revenue increased 7.3%...

Walmart’s Operating Income Poised To Outpace Sales Through FY28

Walmart Inc. (NYSE:WMT) stock is trading lower on Friday. The retail giant issued a cautious forward outlook that eclipsed its strong first-quarter earnings beat reported on Thursday. Earnings Beat Expectations, But Guidance Disappoints Adjusted earnings came in at 66...

BJ’s Says Affluent Consumers Keep Spending While Middle-Income Shoppers Stall

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) stock fell Friday even after the warehouse retailer reported first-quarter earnings and revenue that topped Wall Street estimates, fueled by strong membership growth, accelerating digital sales and resilient demand from...

Indian Market News

Sun Pharma guides for slower FY27 growth amid regulatory, macro challenges

Sun Pharma forecasts high single-digit revenue growth for FY27 after an 11.9% increase in FY26 revenue. The company aims to expand its innovative portfolio amid regulatory challenges and compliance issues, while also focusing on acquisitions and new product launches in the obesity-drug market.

Hindalco profit slumps on heat from Novelis fire

The profit decline stemmed mainly from ₹6,963 crore in one-off expenses linked to the Oswego plant disruption in New York last year. Operations of Novelis, a key supplier of rolled aluminium to can makers and auto companies, were affected by the fire.

US Fed chair Kevin Warsh says will be ‘reform-oriented’ at glitzy White House swearing-in

New US Federal Reserve chair Kevin Warsh vowed to be “reform-oriented” as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be “totally independent.” It is unusual for the chief of the Fed — an independent non-partisan body that sets monetary policy according to a dual mandate on inflation and employment — to be sworn in at the White House.

Angst over rising cost of living pushes US consumer sentiment to record low

US consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. Inflation expectations climbed sharply, especially among Republicans and independents, signalling growing economic dissatisfaction and posing risks to spending despite a still-resilient labour market and ongoing stock market gains.

Crypto Market News

Mark Cuban Is ‘Factually Wrong’ With His Bitcoin Thesis, Scott Melker Argues

Billionaire investor Mark Cuban sold most of his Bitcoin (CRYPTO: BTC) holdings, saying the cryptocurrency “lost the plot” after failing to act as a hedge during the Iran war. Yet, one analyst says Cuban got his facts wrong. Cuban Claims Gold Ripped While Bitcoin...

NEAR protocol leads AI token rally with a 50% pump: Is $5 NEAR price next?

NEAR price surges 50% in a week as AI token momentum, Nvidia optimism and network upgrades fuel bullish sentiment.

Why Minnesota is empowering local banks to fight Wall Street for crypto revenue

A local banker told CoinDesk that in light of Wall Street’s aggressive push into the crypto industry, Minnesota's financial institutions could not afford to remain on the sidelines.

Crypto Biz: Institutions tighten their grip on Bitcoin, AI and prediction markets

Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.

Bitcoin price falls under $77K as Dow Jones hits new all-time highs

Bitcoin headed lower as Wall Street trading began with new record highs for the Dow Jones, while traders warned of weak US demand.

Tom Emmer brushes off law enforcement concerns over Clarity Act

House Majority Whip Tom Emmer said concerns from law enforcement groups about crypto developer protections are being overstated.

Trump Media Has $455 Million In Unrealized Bitcoin Losses: Why Did It Move Another $205 Million?

Trump Media & Technology Group (NASDAQ:DJT) transferred another 2,650 Bitcoin (CRYPTO: BTC) worth roughly $205 million to Crypto.com, deepening scrutiny of its cryptocurrency strategy as unrealized losses swell to $455 million. Company Bought 11,542 Bitcoin At...

Trump Media Has $455 Million In Unrealized Bitcoin Losses: Why Did It Move Another $205 Million?

Trump Media & Technology Group (NASDAQ:DJT) transferred another 2,650 Bitcoin (CRYPTO: BTC) worth roughly $205 million to Crypto.com, deepening scrutiny of its cryptocurrency strategy as unrealized losses swell to $455 million. Company Bought 11,542 Bitcoin At...

NYSE owner ICE to launch oil-linked futures with OKX

ICE and OKX plan to launch oil-linked perpetual futures based on Brent and WTI benchmarks, bringing crypto derivatives further into traditional energy markets under licensing restrictions.

Bitcoin miner MARA spent $4.3M on CEO security in 2025 as crypto attacks rise

MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including vehicle armoring, as crypto wrench attacks increased globally.

Congress hits Polymarket and Kalshi with a massive insider trading probe

Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.

The agentic CFO in your pocket

Chalom explains that retail investors have never had the opportunity to access and manage their own digital treasury desk. Until now.

CLARITY Act Expert Gives Bill 70% Odds: Here’s What It Means For Bitcoin

Galaxy Digital Head of Research Alex Thorn gives the CLARITY Act 70% odds of passing and says it could put Bitcoin (CRYPTO: BTC) “on a path to new all-time highs” if signed into law. Nine Weeks Left To Pass Before August Recess Congress has about nine weeks of session...

Bitfire Accelerates Push Into Stablecoin Business Amid Widening Loss

Once built around crypto trading, the company is accelerating its push into the stablecoin and asset management businesses as it chases a place in the next wave of digital finance image credit: Bamboo Works Key Takeaways: Bitfire lost up to HK$245 million in the six...

Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed

Kevin Warsh is set to be sworn as Fed chairman in a White House ceremony on Friday morning.

XRP ETFs Attract $42 Million As Bitcoin ETFs Bleed $1.4B: What Is Going On?

XRP (CRYPTO: XRP) ETFs attracted $42 million in net inflows over the past week, even as Bitcoin (CRYPTO: BTC) ETFs shed more than $1.4 billion, suggesting selective rotation into alternative crypto exposure. XRP Pulled $8.88M Latest Session, Bitcoin Lost $100.9M...

IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips

Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.

CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat

Internet Computer (ICP), up 4.3% from Thursday, joined NEAR Protocol (NEAR) as a top performer.

Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million

DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.

Tom Lee says trillions in tech IPO supply won’t crash the S&P 500

Fundstrat’s Tom Lee argues that trillions in new IPO supply from SpaceX, Anthropic, and OpenAI could ultimately be absorbed by underallocated investors.