The Dow posted its best daily gain in a year
Key points: At the end of May, all three major indices rose: the S&P 500 – by 4.8%, the Nasdaq – by 6.9%, and the Dow …
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Boeing won’t increase the 737 MAX production
Key points: The FAA will not give Boeing permission to increase production of the 737 MAX in the coming months. Boeing forecast that c…
Markets under pressure due to falling tech
Key points: The Nasdaq fell more than 1%, leading the decline. Economic growth in the first quarter of 2024 was below expectations. Sa…
Oil in the red as demand concerns grow
Key points: Oil prices fell due to expectations that high interest rates in the US will continue, which could negatively affect demand…
BlackRock becomes the largest Bitcoin ETF
Key points: BlackRock’s iShares Bitcoin Trust has reached $20 billion in assets since listing in January 2024. Grayscale Investm…
OpenAI begins training a new model
Key points: OpenAI is creating a committee to evaluate and improve the project’s existing security practices. The creation of th…
Nasdaq closed above 17,000 points
Key points: The Nasdaq crossed 17,000 points for the first time in history, closing at 17,019.88, up 0.59%. Apple shares rose after re…
NVIDIA will conduct a 10 to 1 stock split
Chipmaker Nvidia announced a 10-for-1 stock split. A split is an increase in the number of shares outstanding by splitting each origin…