Economy

Economy
Economy

PEPE falls despite Canary Capital filing for ETF with US SEC

PEPE, the native token of the Pepe ecosystem, is down 6% in the last 24 hours and is trading below $0.0000035 at the time of writing on Thursday.  The meme coin’s price action remained muted despite Canary Capital filing an S-1 registration with the US Securities and Exchange Commission (SEC) on Wednesday to launch a

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Economy

Sterling edges up as Middle East tensions steer market sentiment

The British pound edged higher against the US dollar on Thursday, retaining most of the gains recorded in the previous session following a ceasefire agreement between the United States and Iran. However, uncertainty surrounding the durability of the deal limited further upside in sterling. The pound was last trading 0.1% higher at $1.3407, remaining well

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Economy

Nio stock price set to surge as golden cross, cup & handle forms

Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside  The daily chart points to more

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Economy

Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds

US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.

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Economy

While VCs burn cash, Perceptron built AI infrastructure with 700,000 users

In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months.  Nimble secured $47 million in

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Economy

BNB price outlook as tokenized assets on BNB Chain hit record $16.6B

Tokenized assets on the BNB Chain have surged to a record $16.6 billion, reflecting accelerating institutional adoption and strengthening fundamentals, as BNB’s price consolidates with a cautiously bullish medium‑term outlook. ​The BNB Chain has seen tokenized assets on the network reach an all-time high, highlighting the network’s growing role in on-chain finance and real-world asset

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Economy

Terra Quantum targets $3.25 billion valuation with Nasdaq SPAC deal

German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter

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Economy

Boeing stock price may have a China and Iran catalyst soon

Boeing stock price has rebounded in the past few weeks, moving from a low of $187 to $210. This trend may continue as the company faces some major catalysts, including potential orders from Iran and China.  Potential orders from Iran and China  Boeing stock may become a major beneficiary of the potential deal between the

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Economy

Avis Budget rally echoes Opendoor, GoPro surges — caution ahead

Avis Budget’s stock price has gone through a short squeeze recently, making it one of the top gainers on Wall Street. It has jumped in the last five consecutive days and moved to its highest point since April 2022. Avis Budget stock chart | Source: TradingView Avis Budget stock has experienced a short squeeze  The

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Economy

TAO eyes breakout above $377 as bullish momentum builds

The market conditions have been choppy in recent weeks, with Bitcoin bouncing between $65,000 and $72,000. However, TAO, the native coin of the Bittensor project, has been one of the steady performers during that period.  TAO is currently trading at $341 on Wednesday after surging by nearly 10% so far this week. Improving sentiment across

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