Economy

Economy
Economy

Crypto price predictions: Dogecoin, XRP, Venice Token (VVV)

The crypto market is doing well this weekend, with altcoins doing better than Bitcoin. Some of the top gainers are coins like Arbitrum (ARB), Zcash (ZEC), and PancakeSwap (CAKE). This article provides a forecast for top coins like Dogecoin (DOGE), Ripple (XRP), and Venice Token (VVV).  Dogecoin price prediction The daily chart shows that the

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Economy

More details of the mega Anthropic IPO are coming out: here’s what we know

Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming out. Goldman Sachs and Morgan Stanley scoop major roles One of the closely-watched move whenever a company as large as

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Economy

Tesla stock falls 6% as cybercab launch faces analyst, regulatory concerns

Tesla (TSLA) stock came under pressure on Friday, a day after the electric vehicle maker officially launched its Cybercab robotaxi in Austin, Texas. Shares fell about 6.4% in trading, although the stock remained on track for its fourth weekly gain in five weeks. The launch has drawn mixed reactions from analysts and raised new regulatory

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Economy

Apple stock falls 2% as foldable iPhone production faces supply hurdles

Apple (AAPL) stock fell about 2% on Friday as investors weighed reports that initial production of the company’s long-awaited foldable iPhone remains limited, raising concerns about whether Apple can meet demand when the device launches. According to a Nikkei Asia report, production of the foldable iPhone was running at only a few hundred units per

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Economy

Evening digest: Trump pressures Fed as US jobs rise, gold falls

President Donald Trump renewed pressure on the Federal Reserve to lower interest rates after stronger-than-expected August jobs data increased expectations of a September rate hike. US employers added 162,000 jobs in August, sharply exceeding forecasts and keeping the unemployment rate at 4.1%. Gold prices fell as stronger labor data boosted expectations for higher interest rates

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Economy

Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets

US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%. The selling came ahead of the three-day Labor

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Economy

Bitcoin price defends $80,000 as bulls prepare another run at $82,000

Bitcoin price has risen more than 4% over the past 24 hours to around $81,000, holding above the $80,000 level after briefly breaking $82,000. Federal Reserve Governor Christopher Waller’s latest comments have driven much of the move, after he backed keeping interest rates unchanged at the Sept. 15–16 Federal Open Market Committee meeting if August

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Economy

Hormuz is reopening, so why are oil prices still racing towards $100?

Oil prices rose on Friday, keeping Brent above $96 a barrel and WTI above $92 as renewed US-Iran fighting outweighed signs that Washington was managing to keep more crude moving through the Strait of Hormuz. Brent crude gained 0.6% to $96.06 a barrel in Asian trading, while West Texas Intermediate rose 0.9% to $92.10. Both

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Economy

Is XRP quietly building toward $1.90 as macro pressure eases and demand holds?

XRP has recovered from its recent pullback, holding the $1.32 support over the past few days. The altcoin is now up by more than 6% in the last 24 hours as traders assess changes in the macroeconomic environment ahead of the latest US employment report. The recovery comes as sustained ETF inflows and record activity

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Economy

Cathie Wood dumped $73 million of AMD and bought Nvidia stock: here’s why

Cathie Wood has spent years backing challengers to dominant technology companies, but her latest semiconductor move leaned firmly towards the market leader. ARK Invest sold about $72.8 million of AMD shares in its August 28 trades while buying roughly $53 million of Nvidia stock. AMD disposal was valued at about $74.5 million and the Nvidia

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