Global markets rise, led by Hong Kong and Germany
The Hang Seng index leads global gains in 2025, up 22.61% year-to-date, followed by Germany’s DAXK (+15.42%). The U.S. S&P 500 is also up, reflecting optimism in developed markets.
Weekly Bulletin - World
S&P 500 and Nasdaq fall amid Fed uncertainty and Middle East tensions
The S&P 500 fell 0.2% and Nasdaq 0.5% on Friday, as investors grew cautious over potential Fed rate cuts and U.S. uncertainty on military involvement in Iran.
Wall Street watches Iran-Israel conflict cautiously
The U.S. market remains alert to the escalation between Iran and Israel, anticipating potential impacts on risk assets and market volatility in the coming days.
Bitcoin falls 4%, trading below $100,000
Bitcoin dropped over 4% to $99,237, reflecting profit-taking and a broader global risk-off sentiment.
Fed keeps “wait and see” stance on AI and labor market
The Federal Reserve signaled caution regarding interest rate cuts and continues to monitor the effects of artificial intelligence on jobs and productivity.
Tesla signs deal for China’s largest battery plant
Tesla announced a partnership to build China’s largest energy storage facility, expanding its footprint in the Chinese energy market.
Coinbase moves European hub from Ireland to Luxembourg
Cryptocurrency exchange Coinbase moved its European headquarters to Luxembourg in search of a more favorable regulatory environment.
Ether ETFs see inflows for sixth straight week
Exchange-traded funds (ETFs) tied to ether have seen six consecutive weeks of inflows, signaling renewed institutional interest in cryptoassets.
Europe discusses stimulus and defense investment boost
The European Commission is considering new measures to stimulate the defense sector and boost the economy amid weak eurozone growth.
Tech sector leads U.S. gains in May
The technology sector jumped 10.3% in May, lifting the S&P 500. Meta and Alphabet were among top performers, still seen as undervalued despite strong rallies.
Top Gainers
- Palantir Technologies (PLTR): Surged +477.71% driven by strong growth in data analytics and government contracts amid high tech demand.
- GE Vernova (GEV): Gained +187.12% thanks to expansion in the renewable energy sector and effective restructuring.
- Axon Enterprise (AXON): Rose +166.60% due to increased demand for public safety technologies and international expansion.
- Howmet Aerospace (HWM): Jumped +98.21% amid aerospace industry recovery and higher demand for components.
- Vistra Corp (VST): Advanced +94.89% with solid performance in the energy sector and focus on sustainability and operational efficiency.
Top Losers
- Tesla (TSLA): Fell -17.45% (YTD) due to regulatory pressure, growing competition, and supply chain challenges.
- United Airlines (UAL): Declined -14.25% (YTD) amid airline sector volatility and high fuel and operational costs.
- Diamondback Energy (FANG): Underperformed due to oil price volatility and regulatory uncertainties in the energy sector.
- News Corp (NWS): Dropped as the company faced challenges in traditional media and a slow digital transition.
- Expand Energy (EXE): Struggled with profit pressure from rising operational costs and competitive energy market conditions.
