Business

Business
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, signaling cautious optimism that shipping lanes may reopen after months of disruption, according to a Bloomberg report. The voyage is being closely watched by traders and governments alike, as it could mark

Read More
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 released just hours before the Bank of England’s latest interest rate decision. The latest data indicated that Britain’s labour market continues to show resilience despite signs of easing demand for workers, providing

Read More
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 comments from Chairman Kevin Warsh following the central bank’s policy meeting. The US Dollar Index gained nearly 1% during the session, climbing above 100.50 and reaching its highest level since late March.

Read More
Business

Micron stock in focus: can HBM demand unlock another 60% rally?

Micron stock (NASDAQ: MU) remains in focus ahead of the company’s fiscal third-quarter results on June 24, with investors debating whether one of Wall Street’s strongest AI-linked rallies still has room to run. The stock has surged as the memory-chip cycle has tightened, but a fresh bullish call has pushed the debate further. The latest

Read More
Business

AMC stock may soon flash a golden cross, but one key risk remains

AMC Entertainment’s stock price has staged a strong bull run this month, reaching its highest point since November last year. It has jumped by 165% from its lowest point this year, and is about to form a golden cross pattern, which may hint at stronger gains ahead. AMC stock nears golden cross pattern Technicals suggest

Read More
Business

RKLB stock suffers a brutal reversal as a bullish pattern begins to take shape

Rocket Lab stock price has pulled back from its all-time high as the recent rally takes a breather. RKLB dropped to $104 on Tuesday, down by 31% from its highest point this year. This pullback has led to a $27 billion wipeout as its market cap has fallen from $87 billion to $60 billion today.

Read More
Business

SoFi stock shows bottoming signs after suffering a $17 billion wipeout

SoFi stock is going through a rough patch that has seen its valuation drop from nearly $40 billion in November last year to $22.7 billion today. It has slipped by 32% this year, while popular US indices like the Nasdaq 100 and S&P 500 have jumped by double digits.  SoFi Technologies’ retreat could either create

Read More
Business

Circle stock at risk as it faces a major triple whammy of headwinds

Circle Internet Group stock price has pulled back in the past few days, moving from a high of $138.5 in May to the current $79.72. This CRCL pullback may continue in the near future as it faces a triple-whammy of weak technicals, falling USDC supply, and US government yields.  Circle stock price has formed a

Read More
Business

US retail sales rise 0.9% in May, surpassing market expectations

US retail and food services sales increased in May 2026, reflecting continued strength in consumer spending and exceeding market expectations, according to advance estimates released by the US Census Bureau. The Census Bureau reported that advance estimates of retail and food services sales, adjusted for seasonal variation and holiday and trading-day differences but not for

Read More
Business

Inveniam, Docugami partner to verify private asset data on-chain

Inveniam and Docugami have announced a partnership aimed at improving the verification and transparency of private-market data, combining document intelligence technology with blockchain-based data attestation. The collaboration will see Docugami open its Document Graph Markup Language (DGML) technology while Inveniam anchors the extracted data on its NVNM Chain blockchain network. The companies said the initiative

Read More