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GE Vernova stock jumps 13% as AI data center boom lifts outlook

Shares of GE Vernova surged on Wednesday after the energy company raised its full-year outlook and reported strong first-quarter results, underscoring the growing impact of artificial intelligence-driven data center demand on its business. The stock climbed about 13%, extending its rally to nearly 70% year-to-date, as investors responded to accelerating growth in the company’s power

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Tesla stock jumps ahead of earnings: will the climb continue after?

Shares of Tesla rose 1.19% to $391.90 on Wednesday, tracking gains in broader US equity markets as investors positioned ahead of the company’s first-quarter earnings report. The rally followed a broader upswing in equities after US President Donald Trump extended a ceasefire with Iran, easing geopolitical concerns and lifting sentiment. The S&P 500 advanced 0.7%,

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Oil

Commodity wrap: Brent crude back over $100; gold, copper surge 1%

Brent crude oil was back above $100-per-barrel on Wednesday after reports claimed gunfire attacks on container ships in the Strait of Hormuz.  Meanwhile, gold on COMEX also climbed 1% on easing fears about an inflation surge and prolonged high interest rates. Silver prices also rose more than 2%. Additionally, copper prices on the London Metal

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Oil

Cardano consolidates as analysts spot June 2022-style divergence

The Cardano (ADA) cryptocurrency is trading in a tight consolidation phase around $0.249, with price action locked between short-term support at $0.24 and resistance near $0.26. Over the past 24 hours, ADA has recorded a modest gain of about 1.5%, moving in line with a broader crypto market advance led by Bitcoin’s 1.7% rise. Trading

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Oil

TheSportExchange, Algoz join forces to build liquidity for sports digital assets

TheSportExchange (TSE), which operates in Europe as TSE Marketplace Ltd, has announced a partnership with Algoz, a digital asset trading firm with international operations, as mentioned in a press release shared with Invezz.  As TSE prepares to strengthen liquidity infrastructure and trading capabilities ahead of its targeted direct listing on Nasdaq in Q4 2026, Algoz

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Oil

Tesla stock is jittery ahead of Q1 earnings: what to expect?

Shares of Tesla were wobbly on Tuesday, slipping 0.2% to $392.90 as investors positioned ahead of the company’s first-quarter earnings report. Wall Street expects Tesla to report earnings per share of 36 cents on revenue of $22.3 billion. In the same period a year earlier, the company posted earnings of 27 cents per share on

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Oil

Trump weighs UAE currency swap as war risks test Gulf economy

US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency swap arrangement, as geopolitical tensions linked to the Iran conflict raise economic risks across the Gulf region. Speaking in an interview with CNBC, Trump confirmed that discussions around a swap line were

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Oil

Commodity wrap: Oil slips on US-Iran peace talk; firm dollar weighs on gold

It has been an interesting day so far with both precious metals and crude oil prices falling. Both oil and precious metals have traded in opposite directions over the last few weeks.  Gold had slipped below $4,800 per ounce again as the dollar rose against a basket of major currencies.  Meanwhile, oil prices fell on

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Oil

AT&T stock price flashes an alarming pattern ahead of earnings

AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30. AT&T stock forms a double-top pattern  The weekly timeframe chart shows the AT&T stock price has

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Oil

Top 3 catalysts for the SCHD ETF stock this week

The Schwab US Dividend Equity ETF (SCHD) has done well this year as it jumped by 12% and reached a record high. It was trading at $31 on Monday, a few points below the record high of $31.6. This article explores some of the top catalysts for the SCHD stock this week. SCHD stock to

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