Commodities wrap: oil plunges as Trump signals Iran war end, gold rally
Crude oil has had a dramatic couple of days with prices hitting a more than three-year high on Monday, and plummeting 7% to
Business
Business
Forget oil, expert sees ‘bigger opportunity’ in natural gas amid war
Oil prices have been volatile in recent sessions amid escalating conflict between the US and Iran. Tensions reached a fever pitch on March
Investing
USD/JPY forecast: shooting star forms after Japan GDP data
The USD/JPY exchange rate pulled back slightly, moving from this week’s high of 158.85 to 157 as geopolitical tensions fell and after Japan
Investing
Why Europe’s energy bill is crushing euro and fueling dollar demand?
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure
Economy
XLM tops gainers with 7% rally, bulls target $0.165 resistance
Stellar (XLM) is the best performer among the top 20 cryptocurrencies by market cap, up 7% in the last 24 hours. The coin
Economy
Nexthop AI raises $500M at $4.2B valuation
Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz
Economy
These are 4 AI chip stocks Citi wants you buying now
The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings
Economy
Nio swings to profit as premium SUVs, cost cuts drive turnaround
Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses.
Economy
US stocks open flat after Trump’s comments calm nerves
US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran.
Economy
Oracle’s massive AI cloud bet draws scrutiny after $50B financing push
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company