Economy

Economy
Economy

Dow holds weekly gain as Warsh inflation warning lifts rate hike bets

The US stock market ended lower on Friday as investors assessed Federal Reserve Chair Kevin Warsh’s warning that recent inflation data had not shown enough improvement to alter the underlying trend. The remarks increased expectations for a potential interest rate hike in September. The S&P 500 fell 0.26% to 7,711.05, while the Nasdaq Composite dropped

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Economy

Why is Strategy (MSTR) stock gaining 12% today

Strategy Inc. MSTR (formerly known as Microstrategy) shares rose more than 12% on Thursday as Bitcoin broke above the $80,000 level, lifting investor sentiment toward the company, which is often viewed as a leveraged equity proxy for the cryptocurrency because of its large Bitcoin holdings. The Nasdaq Composite was up 1.5%, while the S&P 500

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Economy

Nvidia stock slips 1% despite beating earnings expectations and raising guidance

Nvidia (NVDA) stock was down over 1% in after-hours trading after the firm posted its earnings report. Nvidia reported record second-quarter fiscal 2027 revenue of $96.2 billion, up 18% from the previous quarter and 106% from a year earlier, as demand for AI infrastructure continued to accelerate. Net income in the quarter more than doubled

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Economy

Why are Intel and AMD stocks up today?

Intel and AMD shares moved higher on Tuesday as semiconductor stocks rebounded alongside a broader recovery in US equities, with falling Treasury yields helping ease pressure on growth and technology stocks. Investors were also looking ahead to Nvidia’s upcoming earnings report, which could provide fresh signals on demand for artificial intelligence infrastructure and the broader

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Economy

Salesforce stock hits a crucial resistance ahead of earnings: what next?

Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday’s earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock’s high point back in June, making it a natural spot to watch for how price

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Economy

TRUMP and WLFI tokens plunge as Trump’s approval rating sinks to a new low

Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday.  WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend

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Economy

Dow closes 500 pts higher as Wall Street rebounds from Treasury yield-driven sell-off

The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower

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Economy

Ethereum gains 25% as ETF demand strengthens after record $3B short wipeout

Ethereum continued its strong rally Friday as institutional inflows, renewed derivatives activity, and whale accumulation supported prices following a historic wave of short liquidations. ETH has climbed approximately 25% since Wednesday, pushing above several major technical indicators and bringing the $2,431 resistance level into focus. Ethereum’s rally comes as Bitcoin added 21% to its value

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Economy

Why LIT is up 28% as traders bet on Lighter’s US regulatory path

Lighter price has rallied 28% over the past 24 hours to around $2.95 on Aug. 20, making LIT the biggest gainer among the top 100 cryptocurrencies. CoinGecko data showed LIT climbing from around $2.30 to an intraday high near $2.97, with the rally accelerating during the Asian and European trading sessions. The token was also

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Economy

Why is PUMP price going up today?

Pump.fun’s PUMP token has risen more than 8% over the past 24 hours to around $0.00301, extending its seven-day gain to more than 10% after recently reaching a six-month high. CoinGecko data shows PUMP traded as high as roughly $0.00312 during the latest session, while its market capitalisation stood near $1.18 billion and 24-hour trading

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