Tesla stock (NASDAQ: TSLA) sank more than 4% in after-hours trading after second-quarter results exposed the mounting cost of Elon Musk’s push into artificial intelligence, autonomous taxis and humanoid robots. Revenue rose 26% to $28.24 billion, beating Tesla’s company-compiled consensus of $27.58 billion. Adjusted earnings were 33 cents a share, missing the 55-cent consensus. Capital
Asian stocks rose on Thursday as investors looked past mixed reactions to US technology earnings and focused on the scale of spending still flowing into artificial-intelligence infrastructure. South Korea’s Kospi gained more than 3%, led by SK Hynix and Samsung Electronics, while Japan’s Nikkei 225 advanced about 1%. MSCI’s Asia-Pacific index outside Japan also added
Crude oil prices surged on July 23, climbing to their highest level since June 8 as the Middle East crisis intensified, prompting analysts to warn that the rally may be far from over. Brent crude, the global benchmark, rose to $96.16, up 37% from its June low. Meanwhile, West Texas Intermediate (WTI) climbed toward the
The Nikkei 225 Index rose modestly as traders bought the recent dip and as the Japanese yen continued declining against the US dollar. It was trading at 66,550, up by 6.30% from its lowest point this month. Japanese yen and government bonds slip The Nikkei 225 Index rose a bit as investors reacted to the
Gold held near $4,130 an ounce on Thursday as investors weighed a weaker dollar against rising oil prices and the sharpest increase in short-term Treasury yields in more than a year. Spot bullion was little changed at $4,132.01 after reaching $4,165.87 on Wednesday, its highest level since July 7. August futures slipped 0.4% to $4,134.60.
XRP price has touched a two-week high near $1.16 before slipping back as AI-led optimism, whale buying, and ETF inflows were met with profit-taking. According to CoinGecko data, XRP traded around $1.13 at the time of writing, up about 2% over the past week with a market capitalisation above $71 billion. The token briefly touched
UniCredit raised its 2026 profit target after delivering record first-half earnings, giving Chief Executive Andrea Orcel more room to pursue control of Commerzbank without weakening the Italian lender’s standalone investment case. Second-quarter net profit reached €2.9 billion, ahead of the €2.8 billion average forecast compiled by the bank. Excluding a €245 million trading and funding
Silver hovered just below $60 an ounce on Thursday as buyers defended a breakout that has restored short-term momentum after last week’s sharp retreat. Spot silver traded near $59.80 after moving between roughly $59.33 and $60.08, while futures remained close to $60.10. The metal had approached $61 in the previous session, its strongest level in
Ethena price has risen nearly 5% in the past 24 hours as multichain expansion and steady USDe demand have boosted investor interest. According to CoinGecko data, ENA traded around $0.091 at the time of writing after gaining about 4.8% over the previous 24 hours and roughly 9% over the past week. The token briefly approached
EasyJet reported a 70% year-on-year decline in fiscal third-quarter profit on Thursday. The airline said disruption from the Iran war had increased costs during the quarter. However, it added that consumer confidence was strengthening as the peak summer travel period approached. Quarterly earnings came in at £85 million. That was sharply lower than the £286