MARKETS

Binance customers withdrew a net $4.72bn after a $6.3bn cryptocurrency theft, as the exchange restored services, replenished affected assets and worked to stabilise outflows.

Agnico Eagle and Franco-Nevada have drawn investor interest, offering exposure to mining through direct operations and royalty or streaming deals amid trade and commodity-market uncertainty.

Polymarket will pay an additional $1.2m to about 5,500 wallets after malicious code from a compromised third-party script exploited active sessions during an hour-long trading halt.

Alphabet suffered its largest one-day market-value loss after earnings highlighted robust AI cloud demand, weaker-than-expected search growth and mounting infrastructure costs.

Canadians investing in US stocks can spread purchases over time, use US-dollar accounts or choose Canadian-listed ETFs, while weighing exchange-rate exposure, fees and concentration risk

HTX exits the UK after an FCA settlement, halting deposits and trading. Eligible customers can request one conditional 48-hour window to withdraw residual crypto assets.

Michael Burry backs Ken Griffin's warning that excess AI computing capacity could send GPU rental prices into freefall, pressuring infrastructure firms and chip demand.

A suspected $6.36bn Binance hack triggered a global freeze of billions, but an estimated $2.4bn in Bitcoin and Ether may remain beyond issuers' reach.

Binance says customer funds are safe after a suspected $6.3bn cryptocurrency theft. Researchers link the attack to North Korea, but the exchange has not confirmed responsibility

Bitcoin rebounds to an intraday high above $81,500 as strong US GDP and steady inflation data offset pressure from Alphabet's Q3 miss and tech-led equity losses.

Binance has suspended deposits and withdrawals while investigating a suspected security breach. Tether and Circle have frozen more than $2.38 billion in linked assets, while Binance pledged to cover losses.

US stocks rise as AI-related shares climb, with Wall Street eyeing a key Fed rate decision and upcoming Alphabet and Microsoft earnings for direction.

Michael Burry warns US stocks could deliver little or negative real returns for 15–20 years, citing market history, inflation risks, and narrow S&P 500 gains.

A Shanghai fund manager warns that Chinese AI suppliers and chipmakers could eventually face intense price competition as a technology sell-off raises concerns about valuations and profitability.

Apollo economist Torsten Slok says most S&P 500 companies have yet to see clear AI-driven gains, as the IMF warns that falling valuations could spread losses across global markets.

Peter Schiff warns a US stock market crash and recession could emerge before the 2026 midterms, while inflation, AI spending, and housing risks boost gold's appeal.

FTSE 100 slips as UK retail sales disappoint and Brent hits a May high amid US‑Iran tensions, raising fresh questions over inflation, demand and UK markets.