Economy

Economy
Economy

Grayscale amends Hyperliquid ETF filing, replaces Coinbase with Anchorage

Grayscale has filed an amended registration statement with the US Securities and Exchange Commission (SEC) for its proposed Hyperliquid ETF. The updated filing reflects a revision to the operational framework of the ETF, which is designed to track exposure to Hyperliquid (HYPE), a decentralised derivatives protocol. In the earlier version of the proposal, Coinbase Custody

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Economy

MNT price rises as KelpDAO exploit fears ease, outlook bullish

Mantle (MNT) is showing a mildly bullish short-term outlook after gaining 4.1% over the past 24 hours to around $0.6456, outperforming Bitcoin amid a broader altcoin rotation. Bitcoin has risen about 2.26% over the same period, while capital has been rotating into higher-volatility assets across the crypto market. Other altcoins such as Stellar (XLM), Toncoin

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Economy

GE stock falls 4% despite earnings beat on fuel costs, weak outlook

GE Aerospace shares fell on Tuesday even after it reported stronger-than-expected first-quarter results, driven by robust demand for commercial aviation and military technologies, as rising fuel costs and geopolitical tensions weighed on its outlook. The company posted adjusted earnings of $1.86 per share, ahead of analyst expectations of $1.60, according to FactSet. Revenue rose 25%

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Economy

Amazon stock jumps as $25B Anthropic AI deal boosts AWS growth

Shares of Amazon rose in premarket trading on Monday after the company unveiled plans to significantly expand its investment in artificial intelligence firm Anthropic, deepening a partnership that underscores intensifying competition in cloud-based AI infrastructure. The stock climbed about 2.15% to $253.62 after the market opened on Tuesday. Amazon expands AI bet with Anthropic deal

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Economy

Dow Jones rises 220 pts as AI optimism offsets Iran tensions

US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle East conflict. The Dow Jones Industrial Average rose about 0.45% or 222 points, while the S&P 500 added roughly 0.13% and the Nasdaq-100 gained around 0.04% after the market opened. The gains

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Economy

Cardano consolidates as analysts spot June 2022-style divergence

The Cardano (ADA) cryptocurrency is trading in a tight consolidation phase around $0.249, with price action locked between short-term support at $0.24 and resistance near $0.26. Over the past 24 hours, ADA has recorded a modest gain of about 1.5%, moving in line with a broader crypto market advance led by Bitcoin’s 1.7% rise. Trading

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Economy

TheSportExchange, Algoz join forces to build liquidity for sports digital assets

TheSportExchange (TSE), which operates in Europe as TSE Marketplace Ltd, has announced a partnership with Algoz, a digital asset trading firm with international operations, as mentioned in a press release shared with Invezz.  As TSE prepares to strengthen liquidity infrastructure and trading capabilities ahead of its targeted direct listing on Nasdaq in Q4 2026, Algoz

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Economy

Tesla stock is jittery ahead of Q1 earnings: what to expect?

Shares of Tesla were wobbly on Tuesday, slipping 0.2% to $392.90 as investors positioned ahead of the company’s first-quarter earnings report. Wall Street expects Tesla to report earnings per share of 36 cents on revenue of $22.3 billion. In the same period a year earlier, the company posted earnings of 27 cents per share on

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Economy

Trump weighs UAE currency swap as war risks test Gulf economy

US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency swap arrangement, as geopolitical tensions linked to the Iran conflict raise economic risks across the Gulf region. Speaking in an interview with CNBC, Trump confirmed that discussions around a swap line were

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Economy

Commodity wrap: Oil slips on US-Iran peace talk; firm dollar weighs on gold

It has been an interesting day so far with both precious metals and crude oil prices falling. Both oil and precious metals have traded in opposite directions over the last few weeks.  Gold had slipped below $4,800 per ounce again as the dollar rose against a basket of major currencies.  Meanwhile, oil prices fell on

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