South America can unlock 2.1M bpd of oil output if prices top $100
A sustained $100-per-barrel oil price could trigger a significant increase in South American crude supply, potentially unlocking up to 2.1 million barrels per
Business
Stocks
Strategy Surpasses 800K BTC as $2.5B Bitcoin Buying Spree Continues
Like a few others, Strategy’s most recent purchase has been mostly funded via Stretch (STRC), the firm’s perpetual preferred security. Strategy purchased 34,164
Investing
Strait of Hormuz war poses risk to US dollar, FX markets
The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis
Investing
USD/ZAR forecast ahead of South Africa inflation report
The USD/ZAR exchange rate remained under pressure this week as traders waited for the upcoming South African inflation report, which will provide more
Investing
Trump weighs UAE currency swap as war risks test Gulf economy
US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency
Economy
Grayscale amends Hyperliquid ETF filing, replaces Coinbase with Anchorage
Grayscale has filed an amended registration statement with the US Securities and Exchange Commission (SEC) for its proposed Hyperliquid ETF. The updated filing
Economy
MNT price rises as KelpDAO exploit fears ease, outlook bullish
Mantle (MNT) is showing a mildly bullish short-term outlook after gaining 4.1% over the past 24 hours to around $0.6456, outperforming Bitcoin amid
Economy
GE stock falls 4% despite earnings beat on fuel costs, weak outlook
GE Aerospace shares fell on Tuesday even after it reported stronger-than-expected first-quarter results, driven by robust demand for commercial aviation and military technologies,
Economy
Amazon stock jumps as $25B Anthropic AI deal boosts AWS growth
Shares of Amazon rose in premarket trading on Monday after the company unveiled plans to significantly expand its investment in artificial intelligence firm
Economy
Dow Jones rises 220 pts as AI optimism offsets Iran tensions
US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle