Economy

Economy
Economy

Arm shares jump 7% on HSBC upgrade as AI demand boosts outlook

Arm Holdings Plc shares surged on Friday after a major analyst upgrade and growing optimism around its role in the artificial intelligence (AI) chip ecosystem fueled investor interest. The stock gained 7% to its intraday high, extending its recent rally as analysts highlighted the company’s evolving business model and stronger earnings potential tied to AI-driven

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Economy

HYPE price forecast as Hyperliquid launches S&P 500 perpetual

S&P 500 perpetual contract made its debut on Hyperliquid, marking it the first licensed perpetual derivative tied to the benchmark S&P 500 equity index ever offered on‑chain. Traders on Hyperliquid can now take leveraged positions on the US market 24/7 without needing to interact with traditional stock exchanges. https://twitter.com/tradexyz/status/2034260987197444255?s=20 The launch has had an immediate

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Economy

Uber, Rivian team up to scale robotaxi fleets across global cities

Uber Technologies is stepping up its autonomous ambitions through a new partnership with electric vehicle maker Rivian Automotive, committing to invest up to $1.25 billion to support a large-scale robotaxi rollout. The agreement outlines plans to deploy as many as 50,000 autonomous vehicles across major markets by 2031. It signals a renewed push by both

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Economy

US markets open lower on Thursday, Dow Jones down almost 300 points

The US market indices opened lower on Thursday, extending a broad risk-off sentiment across global markets as surging oil prices and persistent inflation concerns weighed on investor confidence. Dow Jones Industrial Average fell about 0.65% or 298 points while S&P 500 and Nasdaq 100 slipped roughly 0.81% and 1.13%, respectively. The decline follows a sharp

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Economy

Kaspa (KAS) price outlook: rally to $0.06 or pullback ahead?

Kaspa has quickly moved from a quiet altcoin to one of the more talked-about assets in the cryptocurrency market. After climbing from around $0.030 to nearly $0.040 in a short span, the question now is simple. Can this momentum continue toward $0.06, or is a pullback already overdue? A breakout backed by momentum The recent

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Economy

BOE holds rates, signals hikes as Middle East war lifts inflation

The Bank of England (BoE) held its benchmark interest rate steady on Thursday but signaled a more hawkish stance as rising energy prices linked to the Middle East conflict threaten to push inflation higher. The nine-member Monetary Policy Committee (MPC) voted unanimously to keep rates unchanged at 3.75%, marking its first unanimous decision in over

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Economy

Has the software selloff bottomed out? Here’s what experts think

Software stocks are showing early signs of recovery after months of heavy selling, with analysts debating whether the sector has reached a lasting bottom. The S&P 500 software index logged its strongest weekly performance since May 2025 last week, while the iShares Expanded Tech-Software Sector ETF (IGV) has rebounded about 10% from its February low.

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Economy

UK lawmakers push crypto donation ban over foreign interference fears

A cross-party parliamentary committee in the UK has called for an immediate halt to cryptocurrency donations to political parties. It warned that existing safeguards are not strong enough to prevent risks to national security and democratic integrity. In a report published on Wednesday, the Joint Committee on the National Security Strategy urged the government to

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Economy

US stocks fall as PPI inflation jumps, Dow Jones down 169 points

US stock opened lower on Wednesday after hotter-than-expected inflation data and rising oil prices dampened investor sentiment ahead of the Federal Reserve’s policy decision. Dow Jones Industrial Average fell about 169 points, or 0.36%, while S&P 500 fell 0.31% and Nasdaq 100 declined roughly 0.26%. The cautious tone followed a stronger-than-expected reading on wholesale inflation,

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Economy

US wholesale inflation hits one-year high adding to inflationary concerns

US wholesale inflation accelerated to its highest level in a year in February, adding to concerns that price pressures remained high even before the Iran war began. Data released by the US Labor Department on Wednesday showed the producer-price index (PPI) rose 0.7% month-on-month, up from 0.5% in January and well above economists’ expectations of

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