📈 Stocks / Finance

Super Micro stock slides as investors await business update

Yahoo Finance

Super Micro (SMCI) stock fell over 8% Tuesday after surging nearly 60% in a five-day rally. Investors await a business update as the firm faces Nasdaq delisting risks following delayed SEC filings. Despite a prior short-seller report and DOJ scrutiny, an independent review found no misconduct.

Apple Partners with Alibaba for AI in China, Stock Rises

Investors

Apple (AAPL) stock gained 2.2% after reports that it partnered with Alibaba (BABA) to bring AI services to China, replacing Baidu. The firms have submitted AI features for regulatory approval. Analysts view the move as a positive amid weak iPhone sales in China. Evercore ISI reaffirmed a $260 price target.

Private Capital's Role in Development Finance Shift

Devex

As U.S. foreign aid declines, development finance institutions are pivoting toward private capital mobilization. Multilateral banks are shifting from an 'originate to hold' to an 'originate to share' model, with securitization deals emerging. Experts emphasize the need for standardized development finance definitions, de-risking tools, and improved data transparency.

🪙 Crypto

Whales Shift Focus as Ethereum and XRP Face Pressure

Crypto News

Ethereum and XRP are experiencing heavy selling pressure, with ETH dropping below $2,500 and XRP losing 40% in three days amid Ripple’s ongoing SEC battle. Meanwhile, whales are moving into Rollblock, a new GambleFi project that has raised $10M in presales, offering staking rewards and revenue-sharing potential.

🌎 Global Economy

IMF Pledges $33B to MENA as Global Capital Flows Shift

Arab News

The IMF committed $33 billion to support MENA countries in need, with Managing Director Georgieva noting global resilience despite economic shocks. She highlighted the US economy's strength, driving capital inflows and a strong dollar, which pressures emerging markets. The IMF forecasts 3.3% global growth in 2025.