Economy

Economy
Economy

Here’s why the Siemens Energy share price has surged after its bailout

Siemens Energy share price has surged in the past few years, making it one of the best-performing companies in the DAX Index. It recently peaked at €191, a record high, bringing its 12-month gains to 112%. The DAX has jumped by 5% in the same period. From near bankruptcy to thriving The ongoing Siemens Energy

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Economy

Why 46% of Bill Gates’ fund is now concentrated in just 2 stocks

Bill Gates built one of the world’s most valuable software companies, and yet the trust that funds his foundation no longer owns a single Microsoft share. That sounds dramatic, but the more revealing detail is what remains inside the Gates Foundation Trust: a public equity portfolio of roughly $33 billion, with about 46% now sitting

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Economy

Are Asia small caps overlooked winners in regional equity markets in 2026?

Asia’s smaller companies have delivered stronger returns than the region’s large-cap stocks over the past five years, while also offering lower volatility and broader sector exposure, according to HSBC Asset Management. The firm said Asia small-cap stocks outperformed their large-cap counterparts by nearly 3% annualised at the index level over the period. The gains came

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Economy

WTI and Brent crude crashes on Hyperliquid as Trump announces Iran deal

WTI and Brent crude oil prices crashed on Hyperliquid after President Donald Trump announced that the US and Iran had reached an agreement to reopen the Strait of Hormuz. The West Texas Intermediate plunged to $89, while Brent, the global benchmark, plunged to $93.  Trump announces deal to reopen Strait of Hormuz Most market participants

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Economy

S&P 500 Index, VOO, SPY, and IVV: Key catalysts to watch this week

The S&P 500 Index remains in a bull market and is trading at a record high, driven by numerous catalysts: strong corporate earnings and investors moving past the Iran war, mirroring their response to the Ukraine war.  It ended last week at $7,473, and continued the uptrend on RWA platforms like Hyperliquid and Ondo. Here

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Economy

Here’s why Near Protocol, Ondo, and Hyperliquid crypto tokens are rising

Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%.  Near Protocol price jumps amid AI hype NEAR crypto token has been one of the

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Economy

Top Trump supporters blast his Iran deal to reopen Strait of Hormuz

President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be a loss to the United States. Top Trump allies blast US-Iran deal In a Truth Social post, Trump said that details of the deal to

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Economy

Commodity wrap: Oil gains as US–Iran talks stall; gold slips, copper resilient

Oil prices gained on the last day of the week as no breakthrough has been reached in the US-Iran peace negotiations, which is likely to keep supply restricted in the Strait of Hormuz. Meanwhile, gold has had a difficult past five days as prices are likely to experience losses for the second straight week. Silver

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Economy

Merck stock jumps as Keytruda combo trials boost cancer pipeline

Shares of Merck & Co. (MRK) rose 5% on Friday after the pharmaceutical giant reported positive developments across multiple oncology programs, reinforcing investor confidence in its efforts to extend the dominance of blockbuster cancer drug Keytruda ahead of looming patent expirations later this decade. The rally followed encouraging Phase 3 clinical trial results involving sacituzumab

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Economy

Dell stock rallies as analysts show love ahead of Q1 earnings

Dell Technologies (DELL) ripped higher on Friday as a series of analyst upgrades and price target hikes fuelled intense buying momentum ahead of the firm’s Q1 earnings set to be released on May 28th.    Wall Street remains convinced that DELL will report blockbuster financials for the first quarter, with revenue coming in up nearly

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