Economy

Crypto exchange Bitrue is widening its push beyond digital assets, launching 40 tokenized instruments on its futures platform in a move that reflects the growing overlap between crypto trading and traditional market exposure. Announced on Thursday, the rollout gives Bitrue users round-the-clock access to tokenized versions of blue-chip stocks, a major US equity index and

Chinese electric vehicle maker Leapmotor reported strong delivery growth in the first quarter. The strong numbers came even as broader industry data pointed to intensifying competition and uneven demand in the domestic market. The company delivered 110,155 new energy vehicles during the quarter, marking an increase of nearly 26% from a year earlier. The performance

The Invesco QQQ ETF, which tracks the blue-chip Nasdaq 100 Index, has rebounded this week amid hopes that Donald Trump will wind down the war in Iran, which he reiterated in his prime-time address to the nation.  QQQ rose to $585, up modestly from the year-to-date low of $556. Still, there is a risk that

The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued layoffs as initial applications for unemployment benefits fell. New claims for state unemployment benefits dropped by 9,000 to a seasonally adjusted 202,000 in the week ended March 28, according to data released by the Labor Department.

Shares of Globalstar rallied strongly on April 2, 2026, climbing nearly 14% to $78.10 in premarket trading. The satellite communications company, known for providing global voice and data services and supporting IoT and enterprise connectivity, is reportedly in acquisition talks with Amazon.com. According to a report by Financial Times, discussions between the two companies are

Blue Owl said in shareholder letters issued Thursday that its flagship Blue Owl Credit Income Corp. (OCIC), which manages about $36 billion in assets, received redemption requests equivalent to 21.9% of its outstanding shares in the first quarter. Its smaller, technology-focused fund, OTIC, saw even higher demand for withdrawals at 40.7%. In both cases, the

US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran conflict, dampening hopes for a near-term resolution and pushing oil prices higher. The Dow Jones Industrial Average fell about 637 points, or 1.3%, while the S&P 500 declined 1.3% and the Nasdaq

Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles. Breaking down the figures, Tesla produced 394,611 units of its Model 3

Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at