Economy

Economy
Economy

PEPE falls despite Canary Capital filing for ETF with US SEC

PEPE, the native token of the Pepe ecosystem, is down 6% in the last 24 hours and is trading below $0.0000035 at the time of writing on Thursday.  The meme coin’s price action remained muted despite Canary Capital filing an S-1 registration with the US Securities and Exchange Commission (SEC) on Wednesday to launch a

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Economy

Sterling edges up as Middle East tensions steer market sentiment

The British pound edged higher against the US dollar on Thursday, retaining most of the gains recorded in the previous session following a ceasefire agreement between the United States and Iran. However, uncertainty surrounding the durability of the deal limited further upside in sterling. The pound was last trading 0.1% higher at $1.3407, remaining well

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Economy

Nio stock price set to surge as golden cross, cup & handle forms

Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside  The daily chart points to more

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Economy

Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds

US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.

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Economy

While VCs burn cash, Perceptron built AI infrastructure with 700,000 users

In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months.  Nimble secured $47 million in

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Economy

BNB price outlook as tokenized assets on BNB Chain hit record $16.6B

Tokenized assets on the BNB Chain have surged to a record $16.6 billion, reflecting accelerating institutional adoption and strengthening fundamentals, as BNB’s price consolidates with a cautiously bullish medium‑term outlook. ​The BNB Chain has seen tokenized assets on the network reach an all-time high, highlighting the network’s growing role in on-chain finance and real-world asset

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Economy

Terra Quantum targets $3.25 billion valuation with Nasdaq SPAC deal

German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter

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Economy

Why is Dogecoin struggling near $0.09 despite crypto market gains?

Dogecoin has underperformed in recent weeks and continues to trade below $0.091 on Tuesday as it started the week with mild selling, failing to break above key resistance. At the moment, DOGE’s price action remains largely range-bound, and underlying metrics are beginning to tilt bearish.  The bearish performance comes amid weakening social interest and negative

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Economy

UBS cuts S&P 500 2026 targets amid rising oil prices

UBS Global Wealth Management reduced its 2026 S&P 500 target on Monday, citing elevated energy costs stemming from the ongoing conflict in the Middle East. The analysts expect the conflict to weigh on US economic growth and inflation. In its report dated April 6, 2026, UBS cut its year-end S&P 500 target to 7,500 from

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Economy

Broadcom stock price bullish flag points to more gains after the Anthropic deal

Broadcom stock price has crashed into a technical bear market after falling by over 24% from its highest point in December last year. AVGO dropped to 314, with its market capitalisation dropping from over $1.9 trillion to $1.5 trillion. So, will the new deal with Anthropic fuel its comeback? Broadcom inks major deal with Anthropic 

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