Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over $5,100 per ounce, while silver rose more than 4% as investors digested key employment data from the US. Meanwhile, oil prices also jumped more than 2%, with Brent hitting $70 per barrel
Gold and oil prices tumbled on Thursday in a volatile session as traders assess geopolitical tensions and positive economic data. Gold prices slipped more than 2% and silver plunged 7% as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. Oil prices plunged by nearly
The cryptocurrency market has turned green following a poor start to the week. Bitcoin and Ether are up 1% and 2% respectively over the last 24 hours. ADA, the native coin of the Cardano blockchain, is up 5% during that period, making it the second-best performer among the top 20 cryptocurrencies by market cap. ADA’s
Singapore is accelerating its artificial intelligence strategy with sweeping measures aimed at reshaping businesses, upgrading worker skills, and strengthening financial markets. Presenting the national Budget on Thursday, Prime Minister Lawrence Wong announced a national AI council, new tax incentives, workforce programmes, and expanded access to AI tools. The initiatives reflect a coordinated effort to embed
Restaurant Brands International delivered stronger-than-expected quarterly earnings and revenue as Burger King’s international business gained momentum and helped offset weaker performance in parts of its portfolio. The fast food group, which also owns Tim Hortons and Popeyes, reported solid global sales growth even as overall profit declined from a year earlier. International expansion, especially in
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
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
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
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
JasmyCoin (JASMY) is one of the best performers in the market as it hit the $0.0061 resistance level earlier today. The coin found support at a key level earlier this week. The rally is fueled by growing bullish sentiment, with Santiment data indicating that certain whales are accumulating JASMY tokens. The technical analysis also suggests