๐ Market Pulse โ Daily of 29 May 2026
๐ US stocks gain ground, adding to their records, as Dell soars
US stock markets continued their upward trend, reaching new all-time highs on Friday. This surge is building on previous gains, with the S&P 500 showing consistent growth and heading for its ninth consecutive winning week.
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๐ South Koreaโs SK Hynix enters exclusive $1 trillion club
SK Hynix, a major memory chip manufacturer, has achieved a market valuation of over $1 trillion. This significant milestone is attributed to the immense demand for semiconductors essential for artificial intelligence technologies.
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๐ A.I. Boom Leads to Record Home Prices in San Francisco
The booming artificial intelligence industry is significantly impacting the San Francisco housing market, driving home prices to record highs. Prospective buyers are finding themselves outbid and forced to increase their budgets or look in surrounding areas.
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โ๏ธ Crypto prices stabilize as Iran and U.S. near 60-day ceasefire extension deal
Cryptocurrency markets have seen a stabilization in prices following reports that the United States and Iran are close to extending a ceasefire. This potential de-escalation has also led to the reopening of shipping routes through the Strait of Hormuz.
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Tomatoes become latest symbol of Americaโs affordability squeeze
Tomatoes are now a prominent indicator of rising costs in the United States, with their prices experiencing a significant surge. This increase makes them a symbol of the broader affordability challenges consumers are facing with groceries.
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