Shares of GE Vernova surged on Wednesday after the energy company raised its full-year outlook and reported strong first-quarter results, underscoring the growing impact of artificial intelligence-driven data center demand on its business. The stock climbed about 13%, extending its rally to nearly 70% year-to-date, as investors responded to accelerating growth in the company’s power
Shares of Tesla rose 1.19% to $391.90 on Wednesday, tracking gains in broader US equity markets as investors positioned ahead of the company’s first-quarter earnings report. The rally followed a broader upswing in equities after US President Donald Trump extended a ceasefire with Iran, easing geopolitical concerns and lifting sentiment. The S&P 500 advanced 0.7%,
Brent crude oil was back above $100-per-barrel on Wednesday after reports claimed gunfire attacks on container ships in the Strait of Hormuz. Meanwhile, gold on COMEX also climbed 1% on easing fears about an inflation surge and prolonged high interest rates. Silver prices also rose more than 2%. Additionally, copper prices on the London Metal
The Trump administration is nearing a potential rescue package for Spirit Airlines, as it faces mounting financial pressure and the risk of liquidation. The Wall Street Journal reported the development, citing people familiar with the matter, that the US government is in advanced discussions to provide Spirit with up to $500 million in financing. In
Bitcoin price printed a fresh monthly high above $78,000 today as institutional investors reacted to the indefinite extension of the US-Iran ceasefire agreement. The largest crypto by market cap has rallied over 10% in the past 24 hours, effectively pushing the total crypto market cap back well above the $2.7 trillion mark. Risk-on sentiment was
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
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
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
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
AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30. AT&T stock forms a double-top pattern The weekly timeframe chart shows the AT&T stock price has