Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its
Economy
Economy
Bitcoin price defends $80,000 as bulls prepare another run at $82,000
Bitcoin price has risen more than 4% over the past 24 hours to around $81,000, holding above the $80,000 level after briefly breaking
Economy
Hormuz is reopening, so why are oil prices still racing towards $100?
Oil prices rose on Friday, keeping Brent above $96 a barrel and WTI above $92 as renewed US-Iran fighting outweighed signs that Washington
Economy
Is XRP quietly building toward $1.90 as macro pressure eases and demand holds?
XRP has recovered from its recent pullback, holding the $1.32 support over the past few days. The altcoin is now up by more
Economy
Cathie Wood dumped $73 million of AMD and bought Nvidia stock: here’s why
Cathie Wood has spent years backing challengers to dominant technology companies, but her latest semiconductor move leaned firmly towards the market leader. ARK
Economy
Volkswagen stock jumps 7% after brutal job cuts: why investors are cheering
Volkswagen announced a painful restructuring, and investors responded by sending the shares sharply higher. The German automaker plans to eliminate another 50,000 jobs
Economy
Why Jim Cramer thinks Nvidia needs an Apple-style $500 billion stock buyback
Jim Cramer thinks Nvidia should make a bigger bet on its own shares. The CNBC host has urged the chipmaker to launch a
Economy
Broadcom’s AI revenue surged 221%, so why did the stock tumble 5%?
Broadcom more than tripled its AI semiconductor revenue and investors responded by selling the stock. The chipmaker reported $16.7 billion of AI revenue,
Economy
Why is HPE stock falling despite stronger-than-expected results, raised guidance?
Hewlett Packard Enterprise raised its annual forecasts on Wednesday after delivering a stronger-than-expected July quarter, as accelerating demand for artificial intelligence infrastructure lifted
Economy
China’s Moonshot AI files for Hong Kong IPO, seeks $3 billion: report
Chinese artificial intelligence start-up Moonshot AI has taken a major step towards the public markets, confidentially filing for a Hong Kong initial public