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NYSE:BREAD 2 May 2026

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

The Federal Reserve kept its benchmark rate at 3.50%–3.75% this week as March inflation rose 3.5% year-on-year. FDIC data showed average savings account yields at 0.38%, far below inflation, while some online banks offered over 4% APY. Money-market fund assets reached $7.63 trillion. Series I savings bonds will pay 4.26% for new issues through October.
2 May 2026
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Stock Market Today

  • SpaceX Stock Plunges Below IPO-Day Close, Wiping Out $400 Billion in Value
    June 23, 2026, 8:12 AM EDT. SpaceX's shares have dropped below their initial public offering (IPO) closing price, erasing approximately $400 billion in market valuation. Investors who bought after the first trading day are currently facing losses, highlighting increased pressure on the space industry amid broader market weakness.

Latest articles

Ridgetech (RDGT) Stock Jumps in Premarket as Volume Surges

Ridgetech (RDGT) Stock Jumps in Premarket as Volume Surges

23 June 2026
Ridgetech shares soared 68.6% to $2.31 in Nasdaq premarket trading on heavy volume, despite no new company news, after a major holder, HRT Financial LP, disclosed selling nearly 58,000 shares last week; with a tiny $1.23 million market cap and under 900,000 shares outstanding, the stock’s price is highly sensitive to trading swings ahead of the regular session open.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

23 June 2026
Global semiconductor stocks plunged, wiping over $1 trillion from the Nasdaq 100’s market value in premarket trade as investors questioned whether massive AI infrastructure spending by tech giants can deliver returns, with SK Hynix and Samsung Electronics each losing over 12% and Micron set to report results that could further sway memory shares.
Micron Technology Stock Price Falls as $25 Billion Spending Plan Overshadows AI Forecast

Micron Earnings Take Center Stage for AI Stocks This Week

23 June 2026
Micron shares tumbled 8% premarket as investors brace for Wednesday’s earnings, with Wall Street raising the bar above company guidance after a record run; analysts warn that even a beat may disappoint if margins or outlook slip, threatening further stock and sector volatility amid soaring AI memory demand.
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