Marvell stock jumps as KeyBanc lifts target, chip shipments hit milestone
Shares of Marvell Technology climbed on Thursday after the semiconductor company received a major price target increase from KeyBanc Capital Markets and announced
Bitcoin
Business
Gold price jumps after brutal selloff, but this rebound has a catch
Gold rose on Thursday as traders moved back into bullion after a sharp sell-off, helped by weaker oil prices and a calmer inflation
Business
Dollar strength persists on rate hike expectations, yen retreats
The US dollar remained close to a more than two-month high on Thursday as markets continued to price in the possibility of further
Business
Silver price rebounds near $69, but the chart still has a warning sign
Silver rose in Asian trade on Thursday, but the move looked more like a cautious recovery than the start of a clean breakout.
Business
Solana rallies over 8%, but charts point to resistance ahead
Solana is up 8.7% over the past 7 days, supported by a series of bullish catalysts, before the rally came to a halt.
Business
Copper price slides as Warsh’s hawkish Fed debut rattles metals market
Copper prices slid as markets reacted to the debut of Kevin Warsh as US Federal Reserve Chair, with his hawkish stance on inflation
Business
Citi revises Fed rate-cut expectations following hawkish policy signals
Citigroup has revised its expectations for US Federal Reserve interest rate cuts, pushing back its projected timeline by one month as policymakers adopt
Business
Markets eye supply boost as US-Iran deal faces its first shipping test
A liquefied natural gas (LNG) tanker is heading toward the Strait of Hormuz for the first time since the US–Iran pact took effect,
Business
UK wage growth remains resilient as unemployment falls to 4.9%
UK wage growth remained stronger than expected in the three months to April, while the unemployment rate unexpectedly declined, according to official figures
Business
Fed rate outlook boosts US dollar ahead of BoE and SNB decisions
The US Dollar strengthened sharply against major currencies on Wednesday after investors digested the Federal Reserve’s latest policy statement, revised economic projections, and