Economy

Economy
Economy

Dow slips as Nvidia rally lifts Nasdaq ahead of crucial earnings

US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil prices helped stabilize broader market sentiment. The S&P 500 rose about 0.26%, while the Nasdaq Composite gained roughly 0.61% after both indexes suffered three consecutive

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Economy

Real, iExec to explore confidential infrastructure for tokenized assets

Real, a Layer 1 blockchain focused on institutional-scale real-world asset tokenization, has signed a memorandum of understanding with iExec to explore privacy-preserving infrastructure for tokenized assets. The collaboration will examine how institutional RWA issuance, distribution, and on-chain financial operations can be carried out while maintaining confidentiality, compliance, and auditability. Real supports the full lifecycle of

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Economy

Here’s why Plug Power stock may jump to $5 soon

Plug Power, a company that was on the verge of bankruptcy, has staged a strong comeback this year and is beating the broader market. It has jumped by 51% this year and by over 330% in the last 12 months. This surge has brought its market cap to over $5.3 billion, even as the short

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Economy

SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?

Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD) or invest in the higher-yielding JPMorgan Premium Income ETF (JEPI). JEPI, SCHD, and 10-year government bonds Bond investors argue that yields are

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Economy

From ServiceNow to Salesforce: why are software stocks rallying today?

Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional enterprise software providers. In US, shares of enterprise software companies moved broadly higher, with ServiceNow (NOW) leading gains after a strong rally in the previous session. The

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Economy

Ronin (RON) rally explained: Coinbase listing, L2 upgrade and supply shock

Ronin (RON) has surged sharply over the past 24 hours, climbing 35.8% to $0.1233 and outperforming a largely flat crypto market. The rally pushed the token to an intraday high of $0.1365 from a low of $0.08542. Ronin price chart | Source: Coingecko The move came alongside a massive increase in trading activity, with 24-hour

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Economy

India’s scorching summer likely to push power demand even higher

India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before.  Bloomberg reported that peak demand hit 260.45 gigawatts (GW) on Tuesday, May 19, surpassing the previous day’s record of 257.4 GW.  The back‑to‑back milestones highlight both the intensity

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Economy

Europe faces oil crunch as Iran war chokes Hormuz, inventories plunge

Global oil inventories are plunging and may not recover until late 2027, as the Iran war and the closure of the Strait of Hormuz threaten to trigger physical shortages across Europe within weeks, according to a CNBC report.  Analysts warn that even a swift reopening of the key shipping route will not prevent months of

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Economy

Dow slips as Treasury yields, oil prices keep Wall Street cautious

US stocks opened cautiously on Monday as investors monitored rising Treasury yields, elevated oil prices, and ongoing tensions in the Middle East following a volatile end to last week’s record-setting rally. The Dow Jones Industrial Average fell roughly 44 points, or 0.08%, while the S&P 500 was unchanged. The Nasdaq Composite was up by 0.13%.

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Economy

Zcash (ZEC) hits $550, slips below $530: Key levels before the next move

Zcash (ZEC) briefly pushed into the $550 region before slipping back below $520, leaving traders focused on whether this is a simple cooling phase or the start of a deeper correction. At the time of writing, ZEC was trading around $524.73, with a 24-hour range of $510.70 to $550.10. Resistance builds as ZEC struggles above

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