Crude oil price will be in the spotlight on Monday as traders react on the new developments in the US-Iran war. Brent, the global benchmark, has dropped to $97.6, down modestly from this month’s high of $109.96. West Texas Intermediate (WTI) ended the week at $92 as traders reacted to signs of a potential deal
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the main event. By early August, 86 percent of S&P 500 companies that had reported second quarter results had exceeded earnings estimates, according to FactSet. That
The crypto market was on edge over the weekend as the last rally of top altcoins being in the red. Bitcoin was stuck inside a narrow range above $84,000, while the valuation of all tokens rose to $2.89 trillion. This article looks at a forecast for some of the top tokens like Quant (QNT), Zcash
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the main event. By early August, 86 percent of S&P 500 companies that had reported second quarter results had exceeded earnings estimates, according to FactSet. That
Anthropic is reportedly targeting a November Nasdaq listing at a valuation investors are discussing near $2 trillion. That figure would more than double the $965 billion post-money valuation set in the company’s May 2026 Series H round, and it would make Anthropic’s IPO the largest by valuation, eclipsing SpaceX’s reported $1.77 trillion debut earlier this
Speaking this morning with CNBC, former Bridgewater Associates chief investment strategist and Council on Foreign Relations senior fellow Rebecca Patterson delivered a firm market assessment, doubling down on her cautious stance toward 10-year Treasury bonds. Reiterating her advice against buying the benchmark 10-year note, Patterson warned that fixed-income markets have undergone a fundamental shift. While
India’s 158-year old Tata Group is facing an unusually public battle over control, strategy and governance as the board of Tata Sons, the group’s principal investment holding company, finds itself at odds with the Tata Trusts, which control the company. The dispute, involving Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata, has
SpaceX stock has wavered this month after hitting the crucial resistance at $158. This consolidation has coincided with share unlocks and the upcoming Starlink v3 test. It was trading at $148.03 on Friday, down sharply from the all-time high of $225. So, is this a golden opportunity to buy the company? Analysts are bullish on
Elon Musk said his xAI business could more than double the Nvidia chip count at its Colossus 2 computing cluster by the end of the year, laying out the most detailed expansion timetable yet for the Memphis-area facility. Colossus 2 currently runs 110,000 Nvidia GB200 chips and 440,000 GB300 chips, Musk said in a post
US stocks edged higher Friday as Wall Street headed toward the end of a volatile week marked by a sharp rise in Treasury yields, falling oil prices and renewed hopes for a diplomatic breakthrough in the Middle East. The S&P 500 rose 0.3%, while the Nasdaq Composite gained 0.4%. The Dow Jones Industrial Average added