Market News Today — AI-Curated Stock & Crypto Headlines

The article highlights the cultural significance of the Honey Deuce cocktail at the US Open, emphasizing its role in creating fan engagement and brand connection for Grey Goose, a Bacardi brand.

A senior investment officer at AllianceBernstein states that AI demand remains strong and is broadening beyond hardware into software and infrastructure, indicating a transition into an adoption phase with no slowdown in sight.

New York and California are leading a push to expand the state and local tax (SALT) deduction, which is gaining traction in other states including Ohio, Colorado, North Carolina, Michigan, and Pennsylvania.

The article highlights BNP Paribas' and Invesco's focus on the upcoming Consumer Price Index (CPI) release as a key event for US credit markets.

The article highlights a $1 trillion dislocation in corporate credit markets despite calm conditions in government bond yields.

The U.S.

Federal Reserve Governor Christopher Waller indicated openness to holding interest rates steady if inflation continues to ease, which contributed to a rise in stocks and a decline in bond yields.

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The article discusses a rise in global bond yields, with commentary from multiple portfolio managers and strategists on a Bloomberg Real Yield segment.

Revolut, a fintech company, received conditional preliminary approval from a U.S.

Polymarket introduced perpetual oil futures contracts, expanding its 24/7 trading offerings to include oil, a move that aligns with Kalshi Inc.'s similar market entry.

OpenAI claims its latest AI model, Astra, may achieve artificial general intelligence (AGI), positioning it ahead of competitor Anthropic.