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NASDAQ:TIG 22 May 2026

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech’s Nasdaq-listed shares fell 34.47% to $3.83 in premarket trading after China’s securities regulator said its Tiger Brokers unit, Futu, and Longbridge operated unlicensed cross-border securities businesses for mainland investors. The regulator plans to confiscate illegal gains and impose penalties. UP Fintech is set to report first-quarter results on June 2.
22 May 2026
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Stock Market Today

  • Dow Rises as Nasdaq Leads Tech Rally, Iran Tensions Ease After Close
    June 11, 2026, 4:34 PM EDT. The Dow Jones Industrial Average rose 1.86% to 50,848.38, with the Nasdaq Composite leading gains by climbing 2.54% to 25,809.66, driven by a strong rebound in technology and semiconductor stocks. The S&P 500 increased 1.75% to 7,394.30. Optimism followed President Donald Trump's cancellation of planned strikes on Iran, easing Middle East geopolitical concerns and reducing oil prices-U.S. crude fell 3% to $87.33 a barrel, Brent dropped 3.19% to $90.13. Despite the rally, inflation pressures remain, as May's Producer Price Index rose 1.1%, the largest annual increase since November 2022. Investors continue monitoring inflation data closely amid market volatility and geopolitical developments.

Latest articles

Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

11 June 2026
Itaú Unibanco jumped as its NYSE ADR rose 3.7% to $7.905 and São Paulo’s ITUB4 climbed 2.97% after Brazil’s largest private lender announced a BRL 3 billion perpetual subordinated bill issue, boosting its Tier 1 capital ratio by 19 basis points and impacting future shareholder distributions tied to capitalization rules.
Nvidia rises on $10 billion AI infrastructure deal

Nvidia rises on $10 billion AI infrastructure deal

11 June 2026
Nvidia jumped 2.2% to $204.66 after joining KKR, Kuwait Investment Authority, and Vistra in launching Helix Digital Infrastructure with over $10 billion committed to AI data centers, reinforcing Nvidia’s central role in AI infrastructure and supporting the stock’s rally as investors bet on continued demand for chips and AI systems.
AMD Shares Move Higher After BofA Lifts AI CPU Forecast

AMD Shares Move Higher After BofA Lifts AI CPU Forecast

11 June 2026
AMD soared 7.96% to $488.40 after Bank of America raised its price target to $560 and boosted its 2030 server CPU market forecast to over $170 billion, citing agentic AI as a major demand driver; AMD’s July Advancing AI event is now a key focus for investors as the company highlights its Venice server roadmap and strong data-center momentum.
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