Consumer confidence in the United States weakened sharply in March, as rising gasoline prices and market volatility linked to the Iran conflict weighed on household sentiment, according to the latest survey from the University of Michigan. The survey’s headline sentiment index fell to 53.3 in March from 56.6 in February, undershooting economists’ expectations of 54.
XPeng stock price has held steady in the past few days, helped by the recent financial results, which showed that it made its first quarterly profit. XPEV was trading at $18.85 on Wednesday, up 23% from its lowest point this year. What’s next for this Chinese EV giant? XPeng delivers first quarterly profit, but potential
The artificial intelligence space has been making all the noise on Wall Street for the past two years. With soaring valuations, the chip giants like Nvidia or other hyperscalers such as Microsoft, Amazon, and Alphabet seem to be dominating the sector. Now, Bank of America is making a more specific bet that a newer class
The MSTR stock has held steady in the past two months, coinciding with the ongoing Bitcoin price action. Strategy was trading at $139 on Wednesday, up slightly from the year-to-date low of $105. Bitcoin price has formed a big bearish flag pattern The main reason why the MSTR stock price may continue falling in the
Dubai’s real estate market, fresh off a record-breaking run in 2025, is now facing a critical test as escalating tensions in West Asia rattle investor confidence. The emirate had seen transactions worth $250 billion alongside a sharp 50–70% price surge over the past few years, fuelling concerns of overheating even before the conflict began. The
Three and a half weeks after the Strait of Hormuz’s closure, a clear divergence is emerging in global oil flows, with crude shipments plummeting to historic lows while clean product loadings surge, particularly from the Atlantic Basin, as traders capitalise on price dislocations to resupply markets, according to a Vortexa analysis. The Middle East Gulf
Shares of Olaplex Holdings surged sharply on Thursday after German consumer goods giant Henkel agreed to acquire the prestige hair care brand in a deal valued at approximately $1.4 billion, marking a significant turnaround moment for the struggling company. The stock jumped more than 50%, putting it on track for its largest single-day percentage gain
Bhutan has continued to reduce its Bitcoin exposure in March, moving fresh funds from a state-linked wallet. Data tracked by Arkham shows the latest transfer took place on Wednesday, adding to a series of transactions that have steadily lowered the country’s holdings since late 2024. The move highlights how Bhutan is actively managing its digital
Wall Street opened higher on Wednesday as hopes of a potential de-escalation in the Middle East conflict boosted investor sentiment and eased concerns over energy supply disruptions. The Dow Jones Industrial Average index rose 1.17% or 538 points, while the S&P 500 and Nasdaq 100 gained around 1.03% and 1.08%, respectively. Small-cap stocks also advanced,
Shares of Robinhood Markets rose 7% on Wednesday after the company approved a $1.5 billion share repurchase program, signaling confidence in its long-term growth prospects despite recent volatility. The announcement comes at a time when the stock has faced pressure amid broader weakness in equities and crypto markets, even as the company continues to expand