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Finland’s economy clocked in broad-based growth in the first quarter, providing some relief to a country that has struggled with rising public debt after years of low growth. Source: bloomberg.com
Today, markets will receive preliminary inflation data from key German states, followed by the nationwide inflation release later in the day (14:00 CET). Against the backdrop of ri…
Strait of Hormuz reopening would offer some immediate relief to oil market, but recovery still uncertain
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 5.7% in the afternoon session after Snowflake’s impressive earnings results provided clearer evidence that the “SaaSpocalypse” — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of semiconductor photomask manufacturer Photronics (NASDAQ:PLAB) fell 34.9% in the afternoon session after it reported underwhelming first quarter results which missed analysts sales and earnings estimates.
Market expectations that the European Central Bank will hike interest rates this year have already contributed to tighter financial and lending conditions. Source: cnbc.com
The mind-bending explosion of intergenerational wealth anticipated by the pending IPOs of SpaceX, Anthropic, and OpenAI—.and the speculative melt-up of public equities—sure smacks of a bubble to us.
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 7.3% in the afternoon session after SaaS peer Snowflake reported impressive first quarter results.
Several space infrastructure firms rallied to fresh highs as investors preferred to pour into what many see as the next major industrial growth cycle.
As cheap goods pour in, threatening the continent’s manufacturing sector, a search for solutions is becoming increasingly urgent. Source: nytimes.com
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