Economy

Economy
Economy

Real Finance unveils ‘REAL Competition’ with $20,000 in rewards

Real Finance has announced the launch of the REAL Competition, a community rewards campaign aimed at encouraging participation across the $ASSET ecosystem. The competition will offer up to $20,000 in USDC rewards to top participants, along with an additional raffle prize pool that gives more community members a chance to win. The competition features a

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Economy

Amazon achieves water positive status in India amid data centre scrutiny

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment

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Economy

WhiteBIT EU secures MiCA license in Austria

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA).  The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a

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Economy

Micron earnings to test AI chip demand as investors eye market rally

Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the

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Economy

UK markets cautious as political and geopolitical risks mount

UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE

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Economy

Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.

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Economy

Mukesh Ambani reveals Jio listing plans amid record Reliance earnings

Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking

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Economy

MU, SNDK, STX, WDC stocks rise after Apple chief warns of memory-driven price hikes

Shares of memory and storage companies climbed in premarket trading on Thursday after Apple Chief Executive Tim Cook warned that soaring memory and storage chip prices could force the iPhone maker to raise product prices. Micron Technology (MU) rose about 4.7% before the opening bell, while Sandisk gained 4.4%. Seagate Technology advanced around 4% and

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Economy

HYPE reclaims $70, eyes new all-time high as ETF inflows persist

Hyperliquid’s HYPE token has reclaimed the $70 mark after dropping to the $68 level on Wednesday. The slight decline comes two days after Hyperliquid hit a new all-time high of $76. The institutional inflow suggests that buying pressure for Hyperliquid persists, which could push its price higher in the near term.  ETF demand continues to

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Economy

Bittensor’s TAO dips below $240 as retail interest weakens

Bittensor’s TAO token slipped below the $250 mark on Thursday, recording its fourth consecutive day of losses as weakening retail interest and deteriorating market sentiment weigh on the AI-focused cryptocurrency. At the time of writing, TAO remains under pressure, with derivatives data showing a notable decline in trading activity and investor appetite.  The token is

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