U.S. stocks climbed to fresh record highs by midday Friday as investors piled further into the artificial-intelligence trade following a blockbuster forecast from Dell Technologies Inc. (NYSE:DELL).

Dell surged 28% after reporting first-quarter revenue of $43.8 billion, an 88% increase from a year earlier, alongside adjusted earnings of $4.86 per share.

The company disclosed $24.4 billion in AI-related orders and dramatically raised its fiscal 2027 outlook, projecting revenue of $165 billion to $169 billion versus Wall Street expectations of roughly $144 billion.

Dell also boosted its AI server revenue target to approximately $60 billion, reinforcing optimism around the broader AI…

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A growing corner of the crypto market is already betting on SpaceX’s potential IPO, with traders piling into perpetual futures tied to the company’s expected public debut.

How Traders Are Betting On SpaceX Before IPO

The synthetic contracts, launched earlier this month, are averaging nearly $18 million in daily trading volume over the past two weeks as speculation around what could become the largest IPO in history accelerates, Bloomberg reported on Friday.

Unlike traditional equities, these perpetual futures do not give holders legal ownership of SpaceX shares.

Instead, traders use them to speculate on where the company could price once it eventually goes public.

Whether the pricing proves…

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Bitcoin ETFs may finally be evolving into the asset institutional investors wanted all along — not a high-beta tech trade, but a gold-like portfolio diversifier.

IBIT’s 60-day historical volatility has fallen from peaks above 66 to nearly 34, while GLD’s volatility has climbed from around 10 to above 27 during the same period. The convergence suggests Bitcoin may be maturing from a speculative momentum trade into a more stable macro asset.

Why Wall Street May Love A Less Volatile Bitcoin

For years, critics argued Bitcoin traded more like a leveraged Nasdaq bet than a safe-haven asset. During periods of monetary tightening, Bitcoin often moved in tandem with high-growth technology stocks,…

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Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 billion from the complex.

Three Consecutive Weeks Of Outflows, $2.3B Gone In May Alone

This week alone has seen $1.3 billion exit the funds, extending a three-week outflow streak. Monthly withdrawals now stand at roughly $2.3 billion as Bitcoin fell from $80,000 to $73,000 over the same period. 

This is the most sustained period of institutional selling since Bitcoin ETFs launched.

The selling goes beyond Bitcoin’s price drop. Since the start of the year, Bitcoin has lagged AI stocks and semiconductor names, which keep…

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XRP (CRYPTO: XRP) emerged as one of crypto’s strongest narrative-driven trades last week after social sentiment and price action finally moved in sync, a rare occurrence for the token in 2026.

What’s Driving XRP Momentum

According to Santiment’s anomaly-tracking report covering May 20–26, XRP was the only major asset to trigger a sustained ‘social_price_correlation’ signal, recording 14 triggers with a peak score of 0.26 on May 26.

Santiment explained XRP has spent much of 2026 trapped in sentiment-price divergence, where bullish institutional headlines failed to translate into sustained upside.

This time, the crowd and price action aligned around several major catalysts.

The report…

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Jumping To The ‘Next Thing’

During a Fox Business interview, Le was asked about the billionaire investor’s move, which surprised many in the cryptocurrency community.

After all, Cuban is the same person who once aggressively endorsed Bitcoin as a hedge against inflation, only to sell “most” of it because it didn’t turn out to be the shield he expected it to be.

“There are folks out there who are very skeptical traders, and what they’re gonna do is they’re gonna find the point to buy Bitcoin,” Le weighed in. “In 2021, everybody got in, and they made their money, and then they got out when they found the next thing.”

The Strategy CEO said that AI is the “next big…

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Garlinghouse Praises Trump

“Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place,” Garlinghouse said. “It never made policy, legal or political sense.”

He added that the “Anti-Crypto Army” was defeated by court rulings, voters and Trump.

Ripple’s Problems With The Biden Administration

Garlinghouse fiercely criticized the previous administration and former SEC Chair Gary Gensler for making it difficult for cryptocurrency companies in the U.S.

Ripple was locked in a nearly five-year-long legal battle with the SEC over the status of XRP, a cryptocurrency at the center of the company’s operations.

Have Things Changed?

Trump…

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