Economy

Economy
Economy

S&P 500 and Dow Jones futures rise after strong jobs data, CPI in focus

US stock index futures moved modestly higher on Thursday after a stronger-than-expected labor market report eased fears of an economic slowdown, though investors grew more cautious about the outlook for Federal Reserve interest-rate cuts. Markets are now focused on upcoming inflation data and corporate earnings for further direction. The January jobs report showed payroll growth

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Economy

AppLovin stock crashed after earnings: buy the dip or sell the rip?

AppLovin stock price retreated by over 6% in the extended hours after the technology giant published its financial results and maintained a positive outlook despite the rising fears of AI disruption. APP dropped to $429 after ending the day at $455. AppLovin growth accelerated  AppLovin, a top software in the advertising industry, has come under

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Economy

VeChain (VET) price forecast as enterprise transactions surge

VeChain’s VET token rose on the day as buyers attempted to recover from recent lows, gaining about 9% over the past 24 hours alongside a 26% increase in trading volume. The token rebounded from levels near $0.007 and was trading above $0.008 at the time of writing. Data from CoinMarketCap showed that VET’s move reflected

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Economy

Cisco stock slides 7% as this factor overshadows earnings beat

Cisco stock (NASDAQ: CSCO) slumped over 7% in the pre-market trading on Thursday despite its latest quarter ticking all the right boxes on headline numbers. The networking giant posted double-digit revenue and profit growth, topping Wall Street forecasts, but a softer-than-hoped gross margin and only in-line guidance. The move underlined how sensitive investors have become

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Economy

Elon Musk pushes X into finance as X Money prepares for global launch

X is moving deeper into financial services as its long-awaited payments platform, X Money, enters internal testing and prepares for a wider rollout. The initiative marks a major step in Elon Musk’s effort to transform X from a social media network into a financial ecosystem. By combining messaging, payments, and asset management, the platform aims

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Economy

Argentina, Guyana, Brazil to drive 2026 oil growth as Venezuela output returns

Argentina, Guyana, and Brazil are on track to spearhead Latin American oil production growth in 2026, though the potential reintegration of Venezuelan output casts uncertainty over the region’s long-term capital expenditure outlook, Rystad Energy said in its latest update. Despite the supermajors’ long-term caution regarding underwriting risks in Venezuela, the country is seeing increased engagement

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Economy

Shell posts weakest quarterly profit in five years, misses Q4 estimates

British oil major Shell reported its weakest quarterly profit in nearly five years on Thursday, a slump attributed to a softer crude price environment and unfavorable tax adjustments in the fourth quarter. Crude oil prices hovered around $60 per barrel in the last quarter of 2025 as oversupply concerns dampened sentiments among investors.  Q4 earnings

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Economy

Why Russia’s economy is becoming a constraint in Ukraine peace talks

Wars like the Russia-Ukraine one don’t end when diplomats sit down. They end when pressure becomes harder to absorb than compromise. 4 years later, Russia and Ukraine are still fighting, still talking, and still testing how much strain their systems can take before something gives. The battlefield has frozen into lines, but the conflict itself

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Economy

Commodity wrap: silver plummets 13%, gold below $4,900; oil dips on Iran talks

Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, the March silver contract shed more than 13% on Thursday, while gold fell more than 2% below $4,900 per ounce.  Meanwhile, oil prices also fell

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Economy

Indian refiners buy 2M barrels of Venezuelan Merey crude: report

Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with delivery scheduled for the second half of April, according to a Reuters report.  A Very Large Crude Carrier (VLCC) will transport the crude oil, which is being sold by Trafigura, according to

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