Wall Street stocks fell on Tuesday as renewed tensions in the Middle East pushed oil prices higher, while investors turned their attention to inflation data that could influence the Federal Reserve’s interest-rate decision next week. The Dow Jones Industrial Average dropped 617 points, or 1.16%, to 52,797.10, while the S&P 500 fell 0.58% to 7,673.94.
Gold and Bitcoin (BTC) have rallied as investors increasingly embrace the so-called debasement trade, while the US dollar has weakened. The timing has drawn attention to the US Treasury’s decision to increase its long-term debt buybacks. But according to Alexander Lis, chief investment officer at SDV, investors risk confusing two very different things: a Treasury
Solana (SOL) has gained 44% over the past 30 days as buyers continue defending the psychologically important $100 level. The token rebounded strongly from this support, triggering a sharp increase in market activity. Trading volume rose 64% over 24 hours to $3.5 billion, representing almost 6% of Solana’s circulating market capitalization. The rebound indicates that
Apple is preparing for a closely watched product launch on Sept. 9, with the company expected to unveil the iPhone 18 Pro, iPhone 18 Pro Max, and its first foldable iPhone. The event will be the first major product launch overseen by new CEO John Ternus. The launch comes after the iPhone 17 lineup helped
Oracle is heading into its latest earnings report with investors focused on one central question: can the software giant’s rapidly expanding artificial intelligence infrastructure business grow fast enough to justify the enormous spending required to build it? The company, led by Larry Ellison, is scheduled to report quarterly results on Thursday in what could be
Broadcom is emerging as a major beneficiary of the rapid expansion in artificial intelligence infrastructure, with its AI semiconductor business posting strong growth and the company raising its long-term revenue outlook. The semiconductor and infrastructure software company expects AI revenue to reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028, supported by
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins for its Claude Cowork system in February sparked a global selloff in software firms, with the US markets alone losing $300 billion in market value
Arbitrum price has made a strong bullish breakout, reaching its highest level since January this year. ARB jumped to $0.1950, up by 175% from its lowest level this year, making it one of the best-performing tokens in the crypto industry. This surge has happened amid the ongoing Robinhood Chain growth. Arbitrum Price Jumps as Robinhood
Zcash price has gone parabolic, pushing it to its all-time high, making it one of the best-performing tokens. ZEC jumped to $1,171, up by 530% from its lowest level this year and nearly 4,000% from last year’s low. This surge has brought its market capitalization to nearly $20 billion, making it the 20th-biggest coin in
Zcash price has gone parabolic, pushing it to its all-time high, making it one of the best-performing tokens. ZEC jumped to $1,171, up by 530% from its lowest level this year and nearly 4,000% from last year’s low. This surge has brought its market capitalization to nearly $20 billion, making it the 20th-biggest coin in