Silver prices edged higher on Friday after suffering losses of more than 4% during the previous trading session. The precious metal was trading around $57.60 per troy ounce during Asian trading hours. Despite the modest recovery, silver remains under pressure from changing expectations around US monetary policy. Higher oil prices linked to rising tensions in
BEAT has extended its rally by more than 16% over the past 24 hours as whale accumulation, token burns, and rising derivatives activity have fueled renewed buying interest. According to CoinGecko data, BEAT traded around $3.20 at the time of writing after climbing roughly 16.3% during the past day and more than 23% over the
British retail sales rebounded unexpectedly in June, with shoppers increasing their spending on air conditioning and clothing. The rise added to signs of stronger economic activity during warmer weather and the soccer World Cup, according to data released by the Office for National Statistics. Retail sales volumes increased 1.0% in June, the ONS said on
Micron stock’s next catalyst may be coming from the Chinese model that initially unsettled semiconductor investors. MU closed Thursday at $990.21, up 3.2%, after Alphabet raised its 2026 capital-spending forecast and revived confidence in data-centre demand. Another signal is emerging from Moonshot AI’s Kimi K3. The low-cost, open-weight model was viewed as a threat to
The FTSE 100 Index was little changed this week as investors assessed the escalating UK-Iran crisis, the ongoing US earnings season, and a series of key UK economic releases. Market participants digested the latest jobs, inflation, and retail sales data for July, all of which could influence the Bank of England’s next policy decision. This
Financial markets remained cautious heading into the weekend as investors assessed the impact of a new wave of tariffs imposed by the United States. Market participants are also keeping a close watch on developments coming out of the Middle East. Oil pulls back after strong gains Oil prices moved lower early Friday after posting strong
Volkswagen reported weaker-than-expected second-quarter earnings on Friday. The automaker also abandoned its revenue growth forecast for the year. The move highlights growing pressure on Europe’s largest automaker as it undertakes a major restructuring effort. The German carmaker posted lower operating profit despite stronger-than-expected revenue, while warning that geopolitical tensions, trade conflicts and fierce competition from
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