Economy

Economy
Economy

These 2 Neocloud stocks could dominate AI compute, says BofA

The artificial intelligence space has been making all the noise on Wall Street for the past two years. With soaring valuations, the chip giants like Nvidia or other hyperscalers such as Microsoft, Amazon, and Alphabet seem to be dominating the sector. Now, Bank of America is making a more specific bet that a newer class

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Economy

Here’s why MSTR stock price may crash below $100 soon

The MSTR stock has held steady in the past two months, coinciding with the ongoing Bitcoin price action. Strategy was trading at $139 on Wednesday, up slightly from the year-to-date low of $105. Bitcoin price has formed a big bearish flag pattern  The main reason why the MSTR stock price may continue falling in the

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Economy

ANAROCK’s Prashant Thakur says Dubai’s haven tag tested, but capital may not flee

Dubai’s real estate market, fresh off a record-breaking run in 2025, is now facing a critical test as escalating tensions in West Asia rattle investor confidence. The emirate had seen transactions worth $250 billion alongside a sharp 50–70% price surge over the past few years, fuelling concerns of overheating even before the conflict began. The

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Economy

Dow Jones slips 250 points: here’s why US stocks opened lower

US stocks opened lower on Thursday, reversing the previous session’s gains as investors remained cautious about developments in the Middle East and the uncertain path toward de-escalation. Dow Jones Industrial Average fell 256 points, or 0.5%, while the S&P 500 index declined 0.7% and the Nasdaq 100 index dropped 1%. The pullback comes after Wall

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Economy

Cracks in the empire: what Meta, Google ruling signals for Big Tech

The landmark jury verdict in Los Angeles that has delivered a blow to two of the world’s most influential digital platforms, is widely being seen as a potential turning point in the long-running debate over the social and psychological impact of digital platforms, particularly on children and teenagers. More importantly, the verdict has punctured the

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Economy

Rising yields, firm dollar hit gold’s appeal; experts see bearish trend

Gold prices took a more than 2% hit on Thursday as crude oil’s climb back above $100 a barrel sparked fresh inflation fears, leading investors to largely discount the possibility of US interest rate cuts this year. Meanwhile, silver on COMEX also plunged nearly 7%, pressured by rising Treasury yields and a firmer dollar.  Both

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Economy

US jobless claims hit 210,000 as labour market cools gradually 

US jobless claims rose slightly last week, suggesting that while hiring has slowed, employers are still holding back from large-scale layoffs in an increasingly uncertain economic environment. Data released by the Labor Department showed that initial claims for unemployment benefits rose to 210,000 in the week ending March 21, up from 205,000 a week earlier.

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Economy

Dow futures soar 400 points: 5 things to know before market opens

US stock futures climbed sharply on Wednesday after signs of possible de-escalation in the Iran conflict. Dow futures advanced 398 points, while the futures linked to the S&P 500 rose 0.8%, while Nasdaq 100 futures gained 1%. The optimistic mood came as the investors welcomed reports that Washington had presented Iran with a proposal that

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Economy

ARM stock skyrockets 12% after unveiling first in-house AI chip

Shares of Arm Holdings surged in premarket trading on Wednesday after the company unveiled its first internally developed chip and outlined ambitious long-term revenue targets. The stock was up about 12.6% in premarket trading, reversing a 1.4% decline in the previous session. The British semiconductor and software design firm introduced its AGI CPU at an

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Economy

Aerospace rally heats up: are defense stocks now too expensive?

Aerospace and defense shares have climbed as geopolitical tensions support the group, but not every name looks cheap. Specialty materials maker ATI is currently rated Hold, with a 12-month price target of $139.86, reflecting limited upside after a strong run and a relatively rich valuation. Karman Holdings, meanwhile, has gained more than 10% during March

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