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  • Dollar Climbs to 1.5-Week High on Robust US PPI Data and Rising Yields
    May 13, 2026, 6:06 PM EDT. The U.S. dollar surged to a 1.5-week high following a stronger-than-expected April Producer Price Index (PPI) report. PPI rose 1.4% month-over-month and 6.0% year-over-year, the largest jump in over three years, fueling expectations of hawkish Federal Reserve policy. The dollar also gained safe-haven support amid concerns over a fragile US-Iran ceasefire after President Trump described it as on "life support." Additionally, the 10-year Treasury yield hit a 10-month high of 4.49%, boosting the dollar's interest rate advantage. European currencies weakened, with the euro pressured by dovish Eurozone data and rising unemployment. The Japanese yen fell amid weaker economic sentiment despite a surge in government bond yields. Precious metals edged higher due to Middle East geopolitical risks.

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Doximity Stock Plunges as Weak 2027 Forecast Drowns Out AI Push

Doximity Stock Plunges as Weak 2027 Forecast Drowns Out AI Push

14 May 2026
Doximity shares plunged 19% after hours to $18.94 Wednesday following a fiscal 2027 revenue forecast of $664–$676 million, well below Wall Street’s $697.6 million estimate. Fourth-quarter revenue rose 5% to $145.4 million, but adjusted earnings of 26 cents a share missed expectations. Net income fell to $19.1 million from $62.5 million a year earlier.
BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

14 May 2026
Bitcoin fell below $80,000 in New York Wednesday, trading at $79,371 after U.S. inflation data and renewed outflows from spot bitcoin funds. U.S. spot bitcoin ETFs saw $233.2 million in net outflows on May 12, reversing a prior inflow. Producer prices rose 1.4% in April, the biggest jump since March 2022. Ether dropped 1.3% to $2,255.55; Solana fell 4.1% to $90.89.
XRP Price Stalls Near $1.42 as ETF Cash Runs Into a Fed Problem

XRP Price Stalls Near $1.42 as ETF Cash Runs Into a Fed Problem

13 May 2026
XRP fell to $1.42 on Wednesday, down about 1% over 24 hours, despite U.S.-listed spot XRP ETFs posting $25.8 million in inflows Monday, their highest since January. The token’s market value stood near $88 billion with $2.29 billion in daily trading. Bitcoin and Ether also declined, as hotter U.S. inflation erased expectations for Fed rate cuts this year.
Wall Street’s Tomorrow Test: Retail Sales, Fed Rate Risk and a Trump-Xi Trade Push

Wall Street’s Tomorrow Test: Retail Sales, Fed Rate Risk and a Trump-Xi Trade Push

13 May 2026
U.S. retail sales data for April is due Thursday at 8:30 a.m. EDT, offering a key signal on consumer spending after inflation jumped. The S&P 500 and Nasdaq closed at record highs Wednesday, led by tech shares, despite producer prices posting their biggest monthly gain in four years. Prediction markets show a near-unanimous expectation that the Federal Reserve will hold rates steady in June.
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