Economy

Economy
Economy

Sandisk stock price may suffer a harsh reversal soon: here’s why

Sandisk stock price continued its remarkable bull run this week, reaching a record high of $501. SNDK has jumped by over 100% this year, making it the best-performing company in the S&P 500 Index.  Its surge is a continuation of a bull run that started in April last year, when it bottomed at $30. Other

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Economy

Brazil’s Central Bank orders liquidation of Will Financeira after Banco Master collapse

On Wednesday, Brazil’s Central Bank ordered the extrajudicial liquidation of Will Financeira SA Crédito, Financiamento e Investimento, also referred to as Will Bank, after having resolved earlier on the day resolution measures previously applied to Banco Master. On November 18, 2025, the central bank issued a decree to liquidate Banco Master due to issues with Will

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Economy

Mantle partners with Everclear to enable 1-minute cross-chain wETH-to-mETH swaps

The fragmented world of multi-chain decentralized finance just got a major infrastructure upgrade. Mantle, the high-performance liquidity layer bridging traditional finance and blockchain, announced today a groundbreaking partnership with Everclear that eliminates one of crypto’s most persistent friction points: converting assets across different blockchain networks. Users can now swap wrapped ETH (wETH) from Ethereum, Arbitrum,

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Economy

What is EU’s anti-coercion instrument, and can it stop Trump on Greenland?

For two years, the European Union (EU) sat on a weapon it had never fired. The Anti-Coercion Instrument, a trade enforcement tool launched in December 2023, was designed to shield Europe from economic bullying by hostile powers. Then, on January 17, 2026, Donald Trump changed the game. By threatening 10% tariffs on eight NATO allies

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Economy

Easing Iran tensions erase oil’s risk premium, but analysts warn volatility ahead

Oil prices face mounting fundamental pressure as potential shifts in global oversupply dynamics emerge, driven by China’s decelerating stockpiling, which is tied to the rise of electric vehicles curbing oil demand. However, short-term supply risks are expected to provide a counteracting risk premium. Analysts with ING Group believe that even as tensions in Iran and

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Economy

US stocks open in the green: S&P 500 climbs 0.3%, Nasdaq up 0.5%

US stocks rose on Friday as Wall Street attempted to close out a turbulent week on a positive note, with gains in technology and industrial shares helping lift the major averages despite lingering geopolitical and policy-related concerns. The S&P 500 climbed 0.3%, while the Dow Jones Industrial Average added about 100 points, or 0.2%. The

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Economy

Wall Street’s top banks hit record 2025 revenue as deal flow rebounds

Wall Street’s largest banks have closed out 2025 on a high note, delivering record revenues and rising profits as a rebound in dealmaking, buoyant trading activity, and resilient lending helped defy earlier fears of a slowdown. The fourth-quarter earnings season, led by results from Goldman Sachs and Morgan Stanley, underscored a renewed sense of confidence

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Economy

Tesla stock plunges on Wednesday: why Elon Musk’s latest move may backfire

Tesla stock (NASDAQ: TSLA) faced some beating on Wednesday after Elon Musk announced that Tesla will stop selling Full Self-Driving (FSD) as a standalone purchase option after February 14, 2026. The company will be shifting the system exclusively to a $99-per-month subscription model, Elon Musk added. The surprise move knocked Tesla’s stock down roughly 1.5%

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Economy

Brazil police raid investor Nelson Tanure in Banco Master probe

On Wednesday, Brazil’s Federal Police executed search and seizure orders on businessman and investor Nelson Tanure as part of the second phase of Operation Compliance Zero, a broad investigation into alleged financial irregularities involving Banco Master and related entities. Tanure is well-known in Brazil’s corporate environment, particularly for his investments in financially distressed enterprises. According

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Economy

ClearBank picks Taurus for stablecoin wallet services in UK payments push

ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients. The partnership centres on ClearBank using Taurus-PROTECT as its wallet infrastructure provider. The fintech said the setup is designed to help it deliver digital

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