Economy

Economy
Economy

Dow falls 200 pts as Middle East tensions rattle markets, oil prices jump

Wall Street’s main indexes opened mixed, putting a volatile start to the week on Monday, as rising geopolitical tensions in the Middle East offset optimism from a strong earnings backdrop and recent record highs. The Dow Jones Industrial Average fell 216 points or 0.44%, the S&P 500 slipped 0.12%, while the Nasdaq Composite was up

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Economy

Here’s why Palantir stock will rocket higher after earnings today

Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday. Palantir stock in the spotlight ahead of earnings The PLTR stock price has crashed in the

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Economy

Analysts see 80% upside in this quantum stock pre-earnings

Quantum computing is about to get its biggest reality check of 2026. IonQ reports first-quarter results on Wednesday, May 6, after the close, while D-Wave Quantum follows on Tuesday, May 12, before the open. The setup is unusually stark, as D-Wave is trading at $20.49 and IonQ at $46.63, but Wall Street’s optimism is much

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Economy

Bitget CFD volume surges to $8B as gold trading drives accelerated growth

Victoria, Seychelles, May 4, 2026— Bitget, the world’s largest Universal Exchange (UEX), has recorded a new milestone in its CFD business, with daily trading volume reaching $8 billion, less than half a month after surpassing $6 billion in March. The surge comes amid a broader rise in global gold demand and trading activity. Investment demand

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Economy

Brent crude oil price forecast as Trump threatens to attack Iran

Brent crude oil price rose for two consecutive weeks, reaching its highest point since March 16 this year. It ended the week at $109 as investors reflected on the ongoing developments in the Middle East, where the fragile ceasefire between the United States and Iran continued. Donald Trump reviewing the Iran proposal Brent crude oil

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Economy

Musk vs. Altman: the $150B lawsuit that could derail the AI IPO of the century

One is the public face of the artificial intelligence boom. The other is the world’s richest man, a leading force behind the electric vehicle revolution and a self-styled futurist. Now, Sam Altman and Elon Musk are locked in a high-stakes legal battle over the future of OpenAI—the company that helped bring AI into the hands

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Economy

Paramount stock jumps 8% after bold Morgan Stanley upgrade

Shares of Paramount Skydance Corp surged on Friday, rising over 8% to $11.25 after a bullish analyst upgrade from Morgan Stanley, snapping a six-session losing streak. The move comes despite the stock remaining down roughly 18% year to date, highlighting a sharp shift in investor sentiment. The rally also outpaced broader market gains, with Paramount

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Economy

Commodity wrap: Crude oil reverses gains on Iran proposal; gold climbs

Crude oil reversed early gains on Friday as an Iranian proposal to end the war in the Middle East weighed on sentiment.  However, oil prices were set for a weekly gain with Brent prices touching $126 per barrel earlier this week, a four-year high.  Gold prices rebounded with the yellow metal climbing past $4,600 per

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Economy

Spirit Airlines edges toward shutdown as bailout talks collapse

Spirit Airlines is preparing to cease operations after failing to secure a last-minute financial lifeline, marking a dramatic fall for a carrier that once reshaped budget air travel in the United States. The airline had been seeking a $500 million rescue package from the administration of Donald Trump, but talks broke down amid disagreements with

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Economy

Twilio stock jumps 21% after earnings beat: can rally sustain?

Shares of Twilio Inc. surged on Friday after the company delivered stronger-than-expected first-quarter results, standing out in a software sector that has struggled for positive momentum in 2026. The stock rose about 21% to $180.79, hitting a four-year high in the session. The rally extends Twilio’s gains to roughly 30% year-to-date and more than 84%

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