Finance

Tech-heavy sectors saw intense interest driven by the artificial intelligence trade, most notably surrounding Meta Platforms. The company's stock jumped substantially after unveiling its autonomous AI agent, Muse, which sparked renewed growth optimism from Wall Street analysts. This wave of AI enthusiasm also provided a significant boost to major semiconductor and memory chip manufacturers.

Bitcoin and Ethereum experienced mild pullbacks after flirting with prominent multi-month highs. Despite the minor downward movement, analysts maintain that a broader digital asset bull market is underway, fueled by strong ETF demand and short squeezes. Crypto-linked equities and mining operations mirrored the temporary dip ahead of upcoming regulatory and interest-rate updates.

BitMEX, famous for introducing high-leverage perpetual swaps to the digital asset market, completely halted its trading and deposit services. The exchange finalizes its orderly wind-down after more than a decade in operation, prompting users to settle their accounts immediately. The platform's market share had drastically eroded over time due to the rise of decentralized exchanges and fierce institutional competition.