Economy

Economy
Economy

Intel stock jumps 6% on $14.2B deal to buy back Ireland plant stake

Intel said it will spend $14.2 billion to buy back the 49% stake it previously sold to Apollo Global Management in its Ireland manufacturing facility, marking a significant step in its turnaround strategy as demand for artificial intelligence infrastructure gathers pace. The transaction will restore full ownership of the Leixlip-based plant to Intel, underscoring its

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Economy

Airbus share price is in a freefall: here’s why it may rebound despite headwinds

Airbus share price has moved into a bear market after falling by over 27% from its highest point this year. It dropped to €157 this week, down sharply from the year-to-date high of €220. This article provides what to expect in April when the company publishes its earnings. Airbus share price technical analysis points to

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Economy

Solana price prediction April: On the verge of a steep crash?

Solana price has remained in a narrow range since February as demand among investors faded. SOL token has remained between the key support and resistance levels at $77 and $96. It remains about 72% below the highest point last year. This article provides the SOL price forecast for April and what to expect. Solana price

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Economy

DOGE eyes breakout ahead of Qubic’s DOGE mining mainnet

Memecoins are trading in the green as Bitcoin recaptures the $68,000 level. Dogecoin, the leading memecoin by market cap, is up by 2% in the last 24 hours, underperforming compared to Bitcoin. DOGE is currently trading around the descending trendline, suggesting that the memecoin could rally higher in the near term. If the bulls push

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Economy

BNB outlook: Can Binance’s prediction market lift the token?

Binance Coin, commonly referred to as BNB coin, is holding firm near the $614 mark, showing signs of cautious optimism after a period of consolidation. Notably, the anticipated launch of a prediction market within Binance’s wallet has added a fresh dimension to the coin’s utility. If successfully launched, Binance wallet users can now place bets

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Economy

Google faces pressure as experts urge banning AI videos for young users

Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value

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Economy

SCHD ETF dividend yield too low? Top 3 alternatives to consider

The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in the United States.  SCHD ETF main limitation is its low dividend yield  This growth has been driven by the ongoing rotation from growth to value, and the fact that it has a

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Economy

Bulgaria to launch first EU support scheme for energy-heavy industry

Bulgaria is poised to become the first European Union member state to introduce a dedicated support scheme for energy-intensive industries, aiming to shield firms from elevated power costs stemming from the energy crisis triggered by the war in Iran. Energy Minister Traicho Traikov said the programme is in the final stage of European Commission approval

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Economy

Nebius stock gains 4.5% on plans to build $10B Finland data centre

AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based company stated that the facility, situated in Lappeenranta near the Russian border, is being developed by its Finnish partner, Polarnode, and is expected to come online in phases starting in 2027. Valued

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Economy

Canada GDP edges up 0.1% in January as services stall

Canada’s economy posted a modest gain in January, with gross domestic product rising 0.1% from December, Statistics Canada said. The increase followed a 0.2% rise in the previous month and came in ahead of analyst expectations for flat growth. An advance estimate pointed to a 0.2% expansion in February, though the agency cautioned that early

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