Uber closed the year with revenue that exceeded market expectations, underlining steady demand across its ride-hailing and delivery businesses even as investors focused on softer profitability and cautious near-term signals. The fourth-quarter report shows how Uber is increasingly relying on delivery, subscriptions, and platform expansion to balance its core mobility business, while positioning itself for
Yum Brands ended the final quarter of the year with results that reflected a widening performance gap across its restaurant portfolio. Strong demand at Taco Bell and steady international growth at KFC helped lift revenue beyond expectations, but earnings came in below forecasts and Pizza Hut continued to weigh on overall results. The quarter highlighted
Precious metals experienced a sharp decline in price on Thursday, with both gold and silver falling amidst a broad market sell-off. This pressure was driven by the dollar’s rise to almost a two-week high and indications of a relaxation in US-China trade tensions. Silver lost 10% since its last close as prices plunged below $74
ArcelorMittal closed the final quarter of 2025 with results that exceeded market expectations, reinforcing signs of a recovery taking shape across Europe’s steel industry. The Luxembourg-headquartered group reported stronger core profit as steadier demand outside China, combined with regulatory support in Europe to improve trading conditions. Earnings beat underpinned by resilient performance ArcelorMittal reported earnings
A burst of social media posts urging users to pull funds from Binance briefly rattled crypto markets this week, reviving familiar anxieties about exchange risk. The episode followed a short withdrawal pause that lasted about 20 minutes and quickly became a flashpoint on X. Yet behind the noise, Binance said activity on its on-chain addresses
A political and crypto-linked controversy has emerged in Washington after reports that a UAE royal–connected group invested $500 million in World Liberty Financial, a crypto project linked to the Trump family. The investment has triggered a congressional investigation led by US Representative Ro Khanna, who is examining whether the deal raises conflict-of-interest or national security
Argentina, Guyana, and Brazil are on track to spearhead Latin American oil production growth in 2026, though the potential reintegration of Venezuelan output casts uncertainty over the region’s long-term capital expenditure outlook, Rystad Energy said in its latest update. Despite the supermajors’ long-term caution regarding underwriting risks in Venezuela, the country is seeing increased engagement
Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, the March silver contract shed more than 13% on Thursday, while gold fell more than 2% below $4,900 per ounce. Meanwhile, oil prices also fell
Silver prices continued to drop on Friday as the metal headed for its second weekly decline on a stronger dollar and profit-taking. The recent renewed weakness highlighted the extent of the technical damage caused by last Friday’s historic sell-off. This development calls into question whether the previously most powerful bull run in metals history can
Tether is stepping further into tokenised real-world assets with a strategic investment in Gold.com, signalling a deeper commitment to blockchain-based gold exposure. The stablecoin issuer’s investment arm has acquired an approximately 12% stake in the precious metals platform, a deal valued at $150 million. The move links Tether Gold, its gold-backed cryptocurrency, with a platform