Economy

Economy
Economy

Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip

Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting rally last week. The Dow Jones Industrial Average gained 28 points, while the S&P 500 slipped 0.17% and the Nasdaq-100 declined about 0.13%. The pullback comes after a strong run that pushed

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Economy

Crypto market crash today: Here’s why altcoins and BTC are going down

A crypto market crash is underway today, with Bitcoin and popular altcoins being in the red. Bitcoin price dropped to $76,000 from last week’s high of $77,000. Some of the top laggards in the industry were altcoins like RaveDAO, MemeCore, LayerZero, Aave, and Siren. RaveDAO price crashed by over 95% in the last 24 hours,

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Economy

Inside the great AI talent war draining startups, powering Big Tech’s ambitions

The global race to dominate artificial intelligence is increasingly defined not just by capital investment or computing power, but by a fierce, escalating battle for a small pool of elite talent. As Big Tech companies pour billions into AI development, they are aggressively poaching top researchers and engineers from startups and rivals alike, reshaping the

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Economy

Tesla stock continues to rally ahead of earnings: what’s driving the rebound?

Shares of Tesla advanced in early trading on Friday, putting the stock on track to end an extended losing streak as investor sentiment improved ahead of earnings and on easing geopolitical concerns. The stock rose 1.6% to $392.00, extending a recent rebound that has seen shares climb about 13% over the past five days. The

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Economy

Tesla stock in the red today after Wednesday’s 7% surge: what’s going on?

Shares of Tesla are on track to break an eight-week losing streak, though the stock pulled back slightly in early trading on Thursday as investors turned their attention to the company’s upcoming earnings and longer-term strategy. The stock fell around 1.6% to $384.91, even as the S&P 500 and the Dow Jones Industrial Average moved

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Economy

Ministers warn of extended market volatility amid Middle East crisis

Finance ministers from more than 10 countries cautioned on Wednesday that the ongoing Middle East conflict would continue to weigh on global growth, inflation, and financial markets, even if a lasting resolution is achieved. The warning came in a joint statement issued during the International Monetary Fund and World Bank Spring Meetings in Washington. The

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Economy

Petroyuan or dollar strength? Hormuz conflict sparks global currency fight

The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet.  Iran plans to reopen the Strait of Hormuz, contingent on a mandatory fee of up to $2 million per ship, payable in Chinese Renminbi or cryptocurrency.

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Economy

US small caps surge ahead: what’s driving the market shift now

US small-cap stocks are staging a notable comeback in 2026, outperforming their large-cap peers after years of lagging returns, as sector dynamics, valuation resets, and improving earnings prospects reshape market leadership. So far this year, small caps have outperformed large caps by 8.5 percentage points, marking a sharp reversal after roughly six years of underperformance.

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Economy

Fuel protests disrupt Ireland as Iran war sparks price shock

Protests over rising fuel prices in Ireland have entered their fourth consecutive day, triggering widespread disruption across the country Demonstrators have blockaded three of Ireland’s primary refineries and fuel terminals, leading to supply shortages and bringing traffic in Dublin to a standstill. The protests have been largely driven by farmers, agricultural contractors, and road haulage

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Economy

Terra Quantum targets $3.25 billion valuation with Nasdaq SPAC deal

German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter

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