Economy

Economy
Economy

Gold price forecast amid relentless Turkish Central Bank selling

Gold price has remained in a tight range in the past two months as American investors and the Turkish central bank continued selling. It was trading at $4,676 on Friday, down substantially from the year-to-date high of $5,602. Turkish Central Bank is dumping gold One of the top reasons why the gold price is falling

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Economy

XRP price prediction: What next for the falling Ripple token?

XRP price has pulled back in the past few months and constantly remains in a technical bear market as demand from investors continues falling. Ripple token was trading at $1.3115 on Friday, down by over 60% from its all-time high of $3.6. This consolidation continued despite the major progress that Ripple Labs is making. Ripple

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Economy

Delta Air Lines stock price analysis and earnings preview: buy or sell?

Delta Air Lines stock price has done better than other American airlines during the ongoing Iran war. It has jumped by 5% in the last 30 days, while other companies like Southwest, United Airlines, and American Airlines have dropped by over 10% in this period.  DAL stock vs other top airlines | Source: TradingView Delta

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Economy

Why Blue Owl stock is sinking around 8% today

Blue Owl said in shareholder letters issued Thursday that its flagship Blue Owl Credit Income Corp. (OCIC), which manages about $36 billion in assets, received redemption requests equivalent to 21.9% of its outstanding shares in the first quarter. Its smaller, technology-focused fund, OTIC, saw even higher demand for withdrawals at 40.7%. In both cases, the

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Economy

Dow Jones tumbles 600 points as Trump signals Iran escalation

US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran conflict, dampening hopes for a near-term resolution and pushing oil prices higher. The Dow Jones Industrial Average fell about 637 points, or 1.3%, while the S&P 500 declined 1.3% and the Nasdaq

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Economy

Tesla stock dives 4% as Q1 deliveries fail to meet expectations

Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles. Breaking down the figures, Tesla produced 394,611 units of its Model 3

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Economy

Ukraine drone strikes hit 40% of Russia Primorsk oil storage: report

Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at

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Economy

GM stock falls as Q1 sales slump, high rates and gas weigh demand

Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs. The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a 9.7% decline from a

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Economy

Google faces pressure as experts urge banning AI videos for young users

Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value

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Economy

US banks raise costs for private credit funds as valuation fears grow: report

US banks are raising borrowing costs for some loans to private credit funds amid growing concerns over valuations, a shift that could pressure returns and curb new lending, according to a Reuters report. The higher pricing is showing up in back leverage facilities tied to business development companies, or BDCs, reversing a period of compressing

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