Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public market debut from the digital asset sector. Confidential filings with the US securities regulator allow companies to prepare for initial public offerings away from public market scrutiny. The process enables firms to
Tesco share price retreated by over 2% on Wednesday, before paring back some of the losses as the UK government pushed retailers to cap price increases amid the ongoing Iran war. It slipped to 443p, its lowest level since February 4, and 10.85% below its highest point this year. UK government pushes retailers to limit
US stock-index futures edged higher on Wednesday as chipmakers steadied before Nvidia’s results, a release set to test whether Wall Street’s AI trade still has room to run. The move came after a bond-driven selloff pressured equities, with the 10-year Treasury yield easing from a 16-month high hit in the previous session. Oil also slipped
Corporate America is turning to the convertible bond market at a record pace as artificial intelligence-related companies fuel strong demand for debt instruments that can later convert into equity. US convertible bond issuance reached around $34 billion during the first four months of 2026, according to data from Bank of America Global Research and Barclays
UK shares traded slightly higher on Wednesday after softer-than-expected inflation data for April eased investor concerns over aggressive interest rate hikes, although some analysts warned the relief may prove temporary. The blue-chip FTSE 100 gained 0.13% by 10:40 am GMT, while the midcap FTSE 250 rose 0.29%. The gains came after fresh data showed consumer
Semiconductor stocks advanced in premarket trading on Wednesday as investors positioned for Nvidia’s closely watched first-quarter earnings report, with Intel leading gains after snapping a sharp five-day losing streak. Intel (INTC) shares rose more than 4% before the opening bell, following a 2.4% gain on Tuesday that ended a five-session slide during which the shares
European banks are accelerating efforts to build a regional alternative to US-dominated digital payment systems, with 25 additional lenders joining a consortium preparing to launch a euro-pegged cryptocurrency later this year. The consortium, which established an Amsterdam-based company named Qivalis last year, said on Wednesday that its membership has expanded to 37 financial institutions from
Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These gains have continued this month as top Wall Street analysts buy ahead of the upcoming SpaceX IPO. It has soared to $127, up by 402% in the last 12 months. So, is
Shares of CAVA Group jumped 9% in premarket trading on Wednesday after the Mediterranean fast-casual chain posted stronger-than-expected first-quarter 2026 results and raised its full-year outlook, reinforcing investor confidence in the company’s growth trajectory. The company reported revenue of about $434 million to $438 million for the quarter, representing a 32.2% increase from the same
Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround strategy is beginning to gain traction despite ongoing macroeconomic uncertainty. Target stock gained about 1.5% in premarket trading to $129.18 after the company posted first-quarter adjusted earnings of $1.71 per share on