Economy

Economy
Economy

Ether reclaims $1,900, but downward risk persists: check forecast

Bitcoin, Ether, and XRP are in the green as the broader cryptocurrency market slightly recovers after a poor start to the week.  Ether dropped below the $1,800 level on Tuesday but has bounced back and now trades above $1,900, adding 4% to its value in the last 24 hours. The positive performance comes despite Vitalik

Read More
Economy

Coinbase CEO warns UK stablecoin caps threaten finance hub status

Coinbase Chief Executive Brian Armstrong has warned that proposed stablecoin restrictions in the United Kingdom could undermine the country’s competitiveness as a global financial center, as debates over digital-asset regulation intensify across major economies. Armstrong’s comments come as policymakers in London, Washington, and elsewhere weigh how to regulate stablecoins — cryptocurrencies designed to track the

Read More
Economy

Explained: What is behind the Pentagon’s clash with Anthropic?

Senior US military leaders, including Defense Secretary Pete Hegseth, met executives from artificial intelligence firm Anthropic on Tuesday as a simmering dispute over military use of AI entered a critical phase. At issue is how far the US government should be allowed to go in deploying Anthropic’s powerful large language model, Claude, in sensitive defense

Read More
Economy

S&P, Dow Jones futures rise ahead of Nvidia earnings

US futures ticked higher on Wednesday as investors looked toward a pivotal earnings release from Nvidia, while assessing the broader outlook for artificial intelligence spending and renewed tariff uncertainty. Stock futures pointed modestly higher in early trading. Futures tied to the Dow Jones Industrial Average rose about 77 points, or 0.16%, while S&P 500 futures

Read More
Economy

Pudgy Penguins price outlook: Can PENGU sustain the current rally?

Pudgy Penguins (PENGU) cryptocurrency has been showing notable activity in the market over the past few weeks. The token is currently trading at $0.006722, up nearly 7.8% in the last 24 hours. This price rise comes after a clean breakout from a falling wedge pattern, which saw sellers quickly fade and momentum shift decisively. Notably,

Read More
Economy

Lowe’s Q4 beats estimates, but soft guidance weighs on stock

Lowe’s delivered stronger than expected quarterly revenue and earnings, even as higher mortgage rates and softer housing activity continued to weigh on the home improvement sector. The retailer reported more than 10% year-over-year sales growth for its fiscal fourth quarter and raised expectations for annual revenue growth. However, its full-year earnings per share guidance came

Read More
Economy

Dell stock forms inverted H&S pattern before earnings

Dell stock price remains in a technical bear market after falling by nearly 30% from it highest point in November last year. It was trading at $119 on Tuesday as investors waited for the upcoming earnings. Technicals suggest that the stock will bounce back in the near term. Dell stock price forms a bullish pattern

Read More
Economy

Workday stock tumbles on cautious forecast as AI anxiety deepens

Shares of Workday fell about 10% in premarket trading on Wednesday after the enterprise software maker forecast weaker-than-expected revenue. The Pleasanton, California-based group has already seen its stock battered this year amid growing investor anxiety over artificial intelligence. Workday shares are down about 40% so far this year, reflecting a wider sell-off in software stocks

Read More
Economy

Why Circle stock is up 17% before bell on Wednesday?

Circle Internet Group stock (NYSE: CRCL) jumped over 17% in premarket trading on Wednesday after the stablecoin issuer posted a sharply stronger Q4 and surprised investors with just how fast USDC is expanding. With CRCL last closing around $61.37 and changing hands near $71 in premarket quotes, the stock was trading roughly in line with

Read More
Economy

Aave governance dispute ahead of $51M funding vote curtails AAVE gains

AAVE price hit an intraday high of $119.35 earlier today before pulling back to $116.60, though it remains in the green with a 2.8% gain over 24 hours. Despite this short-term rise, market sentiment is cautious as the Aave community prepares to vote for a contentious revenue redirection proposal. The vote concerns a proposed $51

Read More