Since its crash from an all-time high of $126,000 in October, Bitcoin has been trading in a tight range for the past two months.
US stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran talks. Softer US producer inflation and a solid earnings season boosted risk appetite. Tech, software and semiconductor stocks led gains, with indices nearing record highs.
Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracle’s cloud expansion strategy.
U.S. Treasury Secretary Scott Bessent on Tuesday said he was quite confident that core inflation would continue to go down in the United States despite the Iran war, and repeated his call for the Federal Reserve to cut its interest rates.
Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazon’s deeper push into space-based connectivity infrastructure.
BlackRock shares gained after stronger-than-expected Q1 earnings driven by robust ETF inflows, higher performance fees, and steady AUM growth. The firm reported $130 billion in net inflows and rising profitability despite weak broader market conditions and private market volatility concerns.
US stocks climbed as optimism over possible US-Iran talks lifted sentiment, while investors digested mixed earnings from major firms. Tech stocks led gains, helping benchmarks rise, with markets also tracking producer price data and awaiting cues from Federal Reserve officials.
Anand Rathi Share and Stock Brokers posted 126% YoY profit growth in Q4 to Rs 41.5 crore, driven by strong non-broking segments, margin expansion, and diversified revenue, despite weak broking income and volatile markets.
A potential deal between United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from regulators, labor unions and consumer advocates, all wary of higher fares and reduced competition.
U.S. wholesale prices surged last month as the Iran war drove up the cost of energy.
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