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TSX Advances as Tech and Gold Rally Mask Economic Weakness
Markets Daniel Marsh

TSX Advances as Tech and Gold Rally Mask Economic Weakness

Canada's S&P/TSX Composite gained 0.7% on Friday, closing May up 2.4% and near record highs, driven by tech and gold stocks despite weak GDP data.

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Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Markets Daniel Marsh

Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips

Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.

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Indian Equities End Week Sharply Lower; Nifty Below 23,550
Markets Daniel Marsh

Indian Equities End Week Sharply Lower; Nifty Below 23,550

Indian equities dropped sharply on Friday, with the Nifty 50 falling 1.5% and the Sensex losing over 1,000 points, as monsoon worries and foreign selling weighed on sentiment.

ASX 200 Surges 1.6% on US-Iran Truce Hopes
Markets Daniel Marsh

ASX 200 Surges 1.6% on US-Iran Truce Hopes

The ASX 200 surged 1.6% to 8,731.70 on Friday, its biggest daily gain in seven weeks, driven by hopes of a US-Iran ceasefire that could ease oil supply fears.

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FTSE 100 Posts Consecutive Monthly Gains, June Awaits Data and Ceasefire Outcome
Markets Daniel Marsh

FTSE 100 Posts Consecutive Monthly Gains, June Awaits Data and Ceasefire Outcome

FTSE 100 slipped 0.16% Friday but secured a 0.3% monthly gain in May. FTSE 250 surged 4.3% for the month. Ocado shares rallied after Asda selected it for an e-commerce upgrade.

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SpaceX IPO on Horizon: Assessing Investment Risks and Rewards
IPO Michael Okonkwo

SpaceX IPO on Horizon: Assessing Investment Risks and Rewards

SpaceX's June IPO is imminent, but a $5B net loss and lofty valuation temper enthusiasm. Analysts weigh growth against risks.

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Wall Street Hits New Peaks as AI Momentum Drives Dell Surge
Markets Daniel Marsh

Wall Street Hits New Peaks as AI Momentum Drives Dell Surge

Major U.S. indices closed at all-time highs on Friday, propelled by a 32.8% surge in Dell Technologies after robust AI server earnings, while oil prices declined and inflation concerns persisted.

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Plug Power Slips Again as Hydrogen Rally Faces Profitability Test
Markets Daniel Marsh

Plug Power Slips Again as Hydrogen Rally Faces Profitability Test

Plug Power shares fell 4.1% to $3.95 on Friday, as the hydrogen rally faces a critical test of profitability and cash management.

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Palantir Surges 9% as AI Software Rally Gains Momentum
Technology Sarah Chen

Palantir Surges 9% as AI Software Rally Gains Momentum

Palantir shares surged 9.2% to $156.54, marking their strongest two-day rally since April 2025, fueled by strong AI-driven results from Dell and Snowflake.

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Dell's AI Server Boom Lifts Super Micro Shares, But Risks Loom
Technology Sarah Chen

Dell's AI Server Boom Lifts Super Micro Shares, But Risks Loom

Super Micro Computer shares jumped 11.6% on Friday after Dell Technologies boosted its AI-server revenue forecast, though export control probes and margin concerns persist.

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Alphabet Shares Dip Despite Cloud Optimism and Analyst Upgrades
Markets Daniel Marsh

Alphabet Shares Dip Despite Cloud Optimism and Analyst Upgrades

Alphabet shares dropped 2.5% on Friday, contrasting with a slight Nasdaq rise, after Truist boosted its price target on Google Cloud growth.

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INVO Fertility Surges 14% Despite Filing Delays and Nasdaq Warning
Markets Daniel Marsh

INVO Fertility Surges 14% Despite Filing Delays and Nasdaq Warning

INVO Fertility shares surged 14.1% to $1.88 on heavy volume, despite the company being late on financial filings and facing Nasdaq compliance issues.

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