Economy

Economy
Economy

Dogecoin looks weak below $0.07, yet one signal hints the selloff is fading

Dogecoin (DOGE) maintains a neutral-to-slightly bearish outlook on Tuesday as the largest meme coin holds just below the critical $0.070 support level. Defending this area could encourage traders to increase their exposure and improve the prospects of a short-term recovery.  However, several moving averages remain above the current price, highlighting the significant resistance DOGE must

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Economy

Behind OpenAI’s exits and hires as it ramps up enterprise growth ahead of IPO

OpenAI has reshuffled its executive ranks once again, replacing its chief revenue officer just eight months after her appointment, as the ChatGPT maker races to strengthen its enterprise business ahead of a potential stock market debut. The leadership change comes amid a broader wave of executive departures across the artificial intelligence industry, where competition for

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Economy

These two developments can stop US stocks relentless surge in 2026

US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher

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Economy

The succession and strategy questions facing Tata Sons as N Chandrasekaran resigns

N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding

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Economy

Dow closes lower as Applied Materials leads semiconductor selloff

US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,

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Economy

Dow ends lower as S&P 500, Nasdaq gain on AI stocks and softer CPI

US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average closed little changed. The S&P 500 rose 0.26% to 7,748.50, and the Nasdaq Composite gained 0.54% to 26,588.49, supported by strong performances across AI-related technology

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Economy

CoreWeave stock soars as Q2 earnings alleviate key concerns

CoreWeave (CRWV) shares are ripping higher in extended hours after the company posted market-beating Q2 earnings, citing accelerating artificial intelligence (AI) infrastructure demand. The Livingston-headquartered firm more than doubled its revenue to $2.58 billion, on a per-share loss of $1.14 – much better than $1.41 a share that analysts had forecast. Including post-earnings gains, CoreWeave

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Economy

Taiwan and Korea lose $29 billion in July: is money rotating away from AI?

Foreign investors continued pulling money from Asian equities in July, but the headline outflow masks a striking shift underneath: capital moved away from the region’s biggest AI winners while selectively returning to markets with less dependence on the semiconductor boom. Investors sold a net $25.48 billion of shares across seven major Asian markets during the

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Economy

Dow slips as Hormuz uncertainty, Intel share sale weigh on Wall Street

Wall Street closed slightly lower on Monday as investors weighed renewed uncertainty over the reopening of the Strait of Hormuz, rising oil prices and a busy week of inflation data that could shape expectations for Federal Reserve policy. The Dow Jones Industrial Average fell 60.95 points, or 0.11%, to close at 53,975.98. The S&P 500

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Economy

TLT ETF slumps as US debt nears $40 trillion, 30-year yield jumps

The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure as the US public debt nears the $40 trillion milestone. It was trading at $82.7 on Friday, down by 10% from its highest point last

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