Economy

Economy
Economy

Evening digest: Trump ups stakes before Iran talks, CoreWeave surges

Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a fragile ceasefire. Oil prices remained volatile amid supply disruptions tied to the Strait of Hormuz, while Bitcoin surged past key resistance levels on improving risk

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Economy

Marvell stock hits all time high as AI optics boom fuels rally

Shares of Marvell Technology surged on Friday, hitting its all-time high as investor enthusiasm around artificial intelligence infrastructure and optical networking gathered pace. The stock rose more than 8% to hit a new high of $129.84, and closed at $128.49, marking its first record finish since January 23, 2025, according to Dow Jones Market Data.

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Economy

Dow Jones falls 260 points, indexes mixed as Iran tensions, CPI weigh

US stocks closed mixed on Friday, with the Dow Jones Industrial Average and S&P 500 ending lower while the Nasdaq Composite posted gains, as investors remained cautious ahead of the weekend and monitored ongoing Middle East peace negotiations. The Dow fell 269.23 points, or 0.56%, while the S&P 500 slipped 0.11%. The Nasdaq rose 0.35%

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Economy

India equity MF inflows hit 8-month high as investors buy Iran war dip

Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, as retail investors continued to pour money into equities even as uncertainties centring around the Iran war weighed on sentiment, data from the Association of Mutual Funds in India showed on Friday. As the

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Economy

These 3 stocks reporting next week have a history of gaining after earnings

As the first-quarter (Q1) earnings season shifts into high gear next week, investors are bracing for a wave of data from nearly 6% of the benchmark S&P 500 index. While heavy hitters like Netflix Inc and JPMorgan dominate the headlines, seasoned traders are looking at a specific subset of companies: those with a “beat and

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Economy

Oil price drop won’t last; spot markets hint at spike despite Iran ceasefire

If supplies from the Persian Gulf remain blocked, oil prices are expected to rise again.  Experts also believe that prices are unlikely to decline much further than what they experienced this week.  Oil prices had experienced their sharpest decline since 2020 earlier this week in response to the two-week ceasefire agreement between the US and

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Economy

Top crypto price predictions: Venice Token, Hyperliquid, XRP

Crypto prices remained in an uptrend today, April 11, helped by the ongoing talks in Pakistan between the United States and Iran. Bitcoin jumped to $73,000, while the market capitalization of all coins rose to over $2.47 trillion. This article provides the prediction of top tokens like Venice Token (VVV), Hyperliquid (HYPE), and Ripple (XRP).

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Economy

EBA launches consultation to simplify EU bank data reporting

The European Banking Authority on Friday unveiled a set of proposals aimed at significantly simplifying supervisory data reporting requirements for European Union banks, while also launching a public consultation on the planned changes. The initiative comes amid growing calls from major EU economies such as France and Germany for a more streamlined regulatory framework. Both

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Economy

RBI to proceed with offshore rupee trade reporting despite industry pushback

India is set to move forward with a proposal requiring banks to report offshore rupee derivative trades, despite objections from lenders, according to two sources familiar with the matter. The move is aimed at increasing transparency in a market that has been contributing to volatility in the domestic currency. In February, RBI proposed that banks

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Economy

Kraken’s Fed account raises concerns over financial risks

Crypto exchange Kraken’s landmark approval for a Federal Reserve master account has triggered fresh concerns among regulators, banks, and industry experts over potential risks to the US financial system. While the account comes with restrictions designed to mitigate vulnerabilities, critics argue that the move could still introduce new challenges. Founded in 2011 and based in

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