The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan, turning the country’s inflation numbers into a political hot spot. Economy Minister Luis Caputo admitted that the government’s decision to postpone an upgrade to the inflation calculation methodology, a delicate move in
US stocks rose on Friday, positioning major indexes for a positive end to a volatile week marked by sharp losses in technology shares and renewed concerns over cryptocurrency markets. The S&P 500 gained about 0.9%, while the Nasdaq Composite advanced 0.8%. The Dow Jones Industrial Average climbed 573 points, or roughly 1.1%. The gains pushed
ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers. The platform allows users to create a private, personal AI agent in just a few clicks. These agents are designed to do more than answer questions, with the
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and upbeat comments from a key supplier. NVDA’s rally came even as investors digest bigger
Although the results fell short of analysts’ forecasts, Mexican cement producer Cemex reported a 16% increase in fourth-quarter core profitability, supported by cost-cutting measures and higher product prices. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose to $781 million for the quarter, the company said. This missed the $795 million estimate from analysts surveyed
Playnance has made its first public announcement, introducing itself as a Web3 infrastructure and consumer platform that has been operating a live ecosystem focused on onboarding mainstream Web2 users into on-chain environments. The platform serves as a Web2-to-Web3 gaming infrastructure layer, working with more than 30 game studios to convert thousands of titles into fully
Coinbase stock price continued its strong downward trend this year, reaching its lowest level since April last year. COIN dropped to $166, down by 62% from its all-time high. This article explores what to expect as the stock continues its downward momentum. Coinbase stock has crashed amid the ongoing crypto sell-off COIN stock price continued
The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy
The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback