SpaceX (SPCX) stock rose more than 1% on Friday to around $149 after initially slipping, extending its recovery from this week’s decline as investors digested another major artificial intelligence compute agreement. The latest contract could add $1.11 billion in monthly revenue beginning December 1, according to CFO Bret Johnsen, who disclosed the agreement at Goldman
Bitcoin (BTC), Ethereum (ETH) and XRP remained under pressure on Friday as the broader cryptocurrency market extended its weekly decline. Bitcoin has lost more than 4% this week and trades below $77,000, while Ethereum and XRP have fallen approximately 2.5% and 5%. ETH recently faced rejection at a major resistance level, while XRP’s break below
Brent crude is approaching $110 a barrel after one of its strongest weeks this year, but oil bulls may soon face a different problem: the rally itself. The benchmark traded around $108.44 early Friday after touching $109.97, putting it on course for a weekly gain of nearly 13%. Supply fears remain genuine, with traffic through
Anthropic says it has disrupted attempts to use Claude for weapons development, mass surveillance and potentially dangerous biological research. The cases matter because AI can compress technical work that once required teams and longer timelines. The cases appear in Anthropic’s September 10 threat-intelligence report, covering activity detected between December 2025 and August 2026. The company
BP’s share price has continued its uptrend today, with investors betting on stronger profitability as energy costs rise. The stock jumped to 572p, its highest level since April 28 and 27% above its July low. With crude oil prices surging, this rally could well continue in the coming days. Crude oil prices are soaring BP
The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down sharply from the year-to-date high of 163.96. Focus now shifts to some notable macro numbers and the upcoming monetary policy decisions by the Federal Reserve
Apple Inc (AAPL) officially entered the foldable market today, taking direct aim at rival designs. Addressing attendees at the flagship Cupertino launch event, newly installed CEO John Ternus emphasized that modern smartphones require expansive visual space to keep up with user demands. “For a device that plays such a central role in your life, a
Advanced Micro Devices (AMD) shares rose on Wednesday after Chief Financial Officer Jean Hu outlined an expanding artificial intelligence opportunity and said the company expects its data center business to double in 2027. The bullish outlook has also prompted analysts to raise their price targets, while Bank of America data showed increasing institutional ownership of
Apple unveiled its iPhone 18 Pro models and foldable iPhone Duo as part of its annual product launch, with the new devices carrying higher prices. Brent crude prices climbed above $100 a barrel as renewed Middle East hostilities heightened concerns about energy supplies and inflation. Bitcoin struggled below $80,000 as rising oil prices and a
US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to