Economy

Economy
Economy

Nucor, Steel Dynamics, Cleveland-Cliffs stocks rise as US-Canada trade talks fail

Shares of major US steel and aluminum producers rose Monday as investors reassessed the implications of the breakdown in US-Canada trade negotiations. Nucor NUE gained about 4%, while Steel Dynamics also rose roughly 4%. Cleveland-Cliffs climbed about 7% and Century Aluminum advanced around 5%. The gains came after the stocks fell sharply last week on

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Economy

Salesforce stock hits a crucial resistance ahead of earnings: what next?

Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday’s earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock’s high point back in June, making it a natural spot to watch for how price

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Economy

Evening digest: Samsung buybacks rise as Bitcoin, oil rally

On Friday, Samsung Electronics outlined a potential record shareholder payout as AI-memory demand boosts cash generation. Bitcoin extended its strongest weekly rally in more than two years. Oil prices climbed as fresh US sanctions threats against Iran raised concerns about further supply disruptions. Gold also surged to a more than three-month high as Treasury buybacks

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Economy

Dow closes 500 pts higher as Wall Street rebounds from Treasury yield-driven sell-off

The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower

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Economy

S&P 500 record masks $1.5 trillion leverage trap beneath Wall Street’s AI boom

Leopold Aschenbrenner entered July as one of Wall Street’s most celebrated AI investors. His hedge fund, Situational Awareness, had returned 439% in the first half of 2026, powered by concentrated bets on the infrastructure behind the artificial intelligence boom. By the end of the month, that success had turned into a warning. The fund’s portfolio

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Economy

What do Walmart’s and Target’s results say about the US consumer?

US consumers are continuing to spend, but recent results from major retailers suggest they are becoming more selective about where and how they spend their money. Walmart’s sharp stock decline following its latest earnings report has added to concerns that higher prices, elevated gasoline costs, and economic uncertainty are increasingly influencing household spending. The shift

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Economy

Can Bumble, Tinder make a comeback as users leave apps

The online dating industry is facing one of its biggest tests since the pandemic boom. After years of rapid expansion caused by swipe-based matchmaking, many of the industry’s biggest players are grappling with slowing user growth, declining engagement and increasing skepticism from younger users.  While companies are investing in artificial intelligence, safety features and new

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Economy

Can Bumble, Tinder make a comeback as users leave apps

The online dating industry is facing one of its biggest tests since the pandemic boom. After years of rapid expansion caused by swipe-based matchmaking, many of the industry’s biggest players are grappling with slowing user growth, declining engagement and increasing skepticism from younger users.  While companies are investing in artificial intelligence, safety features and new

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Economy

Nvidia stock in focus as earnings loom and GPU price hikes approach

Nvidia stock price dropped sharply last week as traders refocused on the upcoming earnings report that will provide insights into its revenue and profitability growth. NVDA will also react to news on GPU price hikes, which may boost its revenue in the foreseeable future.  Nvidia is hiking GPU prices Nvidia, the world’s largest company, is

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Economy

XRP price prediction as RLUSD crosses key milestone, ETF inflows jump

XRP price surged to an intraday high of $1.6963 on Saturday, then reversed sharply, currently trading at $1.4578 as the rally cooled. Ripple’s token remains 47% above its 2026 low of $0.9905, hit on August 11 after a bridge exploit briefly pushed the price below $1 for the first time since late 2024. XRP ETF

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