May 27, 2026
ManyPress
Business

Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026

AI optimism drives US stocks to another record high. Market capitalization of SK Hynix and Micron hit $1 trillion. Texas Attorney General Ken Paxton defeated incumbent John Cornyn winning the state's

NF

ManyPress Editorial Team

ManyPress Editorial

May 27, 2026 · 11:41 AM1 min readSource: Bloomberg Markets
Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026

AI optimism drives US stocks to another record high. Market capitalization of SK Hynix and Micron hit $1 trillion. Texas Attorney General Ken Paxton defeated incumbent John Cornyn winning the state's GOP Senate runoff after securing an endorsement from President Trump.

Ella Gude of BNY Investments Newton discusses inflation risks.

Key points

  • Ella Gude of BNY Investments Newton discusses inflation risks.

AdvertisementAd Placeholder — Configure AdSense in .env.localNEXT_PUBLIC_ADSENSE_CLIENT=ca-pub-XXXXXXXX

This article was independently rewritten by ManyPress editorial AI from reporting originally published by Bloomberg Markets.

Share:X / TwitterFacebookLinkedIn

Business

US Premarket Movers for May 27, 2026Business

US Premarket Movers for May 27, 2026

S&P 500 Index futures rise 0.3% as of 7:35 a.m. in New York as optimism around artificial intelligence, lower oil prices and easing bond yields drives bullishness.

Bloomberg Markets
about 2 hours ago·1 min read
US Mortgage Rates Climb to Highest Level Since AugustBusiness

US Mortgage Rates Climb to Highest Level Since August

US mortgage rates increased last week to the highest since August, restraining home-purchase activity and prompting a sharp pullback in refinancing.

Bloomberg Markets
about 3 hours ago·1 min read
Ferrari unveils its first all-electric car, the 4-door LuceBusiness

Ferrari unveils its first all-electric car, the 4-door Luce

Ferrari presented its first fully electric car to reporters in Rome this week, a four-door, five-seater called the "Luce," developed with help from former Apple design chief Jony Ive and his collectiv

Deutsche Welle Business
about 9 hours ago·3 min read
Chipmakers SK Hynix and Micron join $1tn club on surging AI demandBusiness

Chipmakers SK Hynix and Micron join $1tn club on surging AI demand

The stock market valuations of chipmakers SK Hynix and Micron have risen above the $1tn (£740bn) mark, driven by a boom in artificial intelligence (AI) data centres. Shares in South Korea's SK Hynix,

BBC Business
about 12 hours ago·2 min read