Economy

Economy
Economy

Dow jumps 230 points as chip stocks rebound ahead of Big Tech earnings

US stocks opened higher on Tuesday, led by a rebound in semiconductor stocks, as investors shifted their focus toward upcoming Big Tech earnings while continuing to monitor developments in the conflict between the United States and Iran. The Dow Jones Industrial Average gained 234 points, or 0.45%, while the S&P 500 advanced 0.58%. The Nasdaq

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Economy

Bitget Stocks 2.0 review: can a crypto exchange become your stock broker?

For years, crypto platforms and traditional brokerages have existed in parallel worlds. Investors who wanted exposure to both digital assets and US equities typically needed separate accounts, separate funding rails, and separate portfolio management tools. Bitget’s Stocks 2.0 initiative is an attempt to close that gap. Launched in June 2026, Stocks 2.0 expands Bitget’s equity

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Economy

Why are Adobe and Workday stocks falling today?

Adobe ADBE shares fell sharply in trading on Tuesday after Morgan Stanley downgraded the creative software maker, warning that multiple strategic transitions are unfolding simultaneously and could complicate its ability to return to stronger growth. The investment bank lowered its rating on Adobe from Equal-weight to Underweight and slashed its price target by more than

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Economy

Gold trades lower despite geopolitical risks as higher yields cap gains

Gold prices traded slightly lower on Monday ahead of the North American market open as renewed tensions between the United States and Iran boosted crude oil prices and reinforced expectations that the Federal Reserve could keep interest rates elevated for longer. At the time of writing, spot gold was trading near $4,012.00 an ounce, down

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Economy

XRP price eyes breakout as traders watch familiar technical pattern

XRP is once again drawing attention after a familiar technical setup resurfaced on its long-term chart. The token has spent weeks trading in a tight range, but recent price action, combined with historical chart patterns and ongoing developments within the XRP Ledger (XRPL), has renewed discussion about whether another major move could be taking shape.

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Economy

Andy Burnham takes office as UK PM: here’s what investors are watching next

Andy Burnham officially became the United Kingdom’s seventh prime minister in a decade on Monday, promising to use his government as a “circuit breaker” for the country’s political and economic challenges while launching what he described as the biggest changes to Britain’s system of governance in 40 years. In his first speech outside Downing Street,

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Economy

General Motors stock forms risky patterns as earnings report loom

General Motors stock has retreated in recent days, falling from its year-to-date high of $87 in February to about $76 today. The pullback could continue in the near term after the stock formed a bearish double-top pattern ahead of its second-quarter earnings report. General Motors to publish earnings on July 21 GM stock will be

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Economy

AMD stock gets a big boost from Microsoft ahead of AI event

Advanced Micro Devices (AMD) stock is pushing higher on Monday morning after the chipmaker announced a major, full-stack expansion of its strategic partnership with Microsoft (MSFT). The centerpiece of the new deal is MSFT committing to deploy AMD Helios Rackscale Solution “at scale” within its Azure cloud infrastructure. AMD shares have been a blockbuster investment

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Economy

Nvidia, Micron lead 4 cash-rich stocks with rising profit forecasts

Some of Wall Street’s fastest-growing companies are turning expansion into something more tangible: cash. Nvidia, Micron Technology, CrowdStrike and Palo Alto Networks have each reported sharp increases in operating or free cash flow while management or analysts lifted profit forecasts. That combination provides stronger confirmation than an earnings beat alone because cash is available for

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Economy

The $55B quarter: how trading, AI, and dealmaking drove record earnings for Big Banks

Wall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented wave of capital raising. The six largest US banks generated a combined $55 billion in second-quarter profits, comfortably exceeding analysts’ expectations as market volatility, record AI-related fundraising

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