US retail sales increase 0.5% despite inflation pressures
US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data
Economy
Economy
Klarna stock: here’s why this Affirm rival is pumping today
Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by
Economy
Dow reclaims 50,000 as Nvidia, Cisco rally lifts US stocks higher
US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued
Economy
Grvt expands wealth platform with Centrifuge yield integration
Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund
Economy
Oobit’s Colombia launch signals a bigger shift in crypto payments
Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg
Economy
Nvidia tops $230 mark: here’s why analysts say NVDA still cheap ahead of earnings
Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing
Gold
Dow falls 230 points as hot inflation data rattles Wall Street
US stocks opened subdued on Wednesday after another stronger-than-expected inflation report reinforced expectations that the Federal Reserve may keep interest rates elevated throughout
Gold
Alibaba shares fall as AI spending dents earnings despite strong growth
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with
Gold
IEA warns of plunging oil stockpiles as Gulf war cuts supply, demand slumps
Global oil markets are reeling as the International Energy Agency (IEA) warns that world demand will contract by 420,000 barrels per day this
Gold
Micron rally has more room to run, BofA says as it raises PT; shares rise
The stock of Micron Technology has been on a stunning rally over the last year, with its share price surging by more than