Economy

Economy
Economy

Oil price drop won’t last; spot markets hint at spike despite Iran ceasefire

If supplies from the Persian Gulf remain blocked, oil prices are expected to rise again.  Experts also believe that prices are unlikely to decline much further than what they experienced this week.  Oil prices had experienced their sharpest decline since 2020 earlier this week in response to the two-week ceasefire agreement between the US and

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Economy

Top crypto price predictions: Venice Token, Hyperliquid, XRP

Crypto prices remained in an uptrend today, April 11, helped by the ongoing talks in Pakistan between the United States and Iran. Bitcoin jumped to $73,000, while the market capitalization of all coins rose to over $2.47 trillion. This article provides the prediction of top tokens like Venice Token (VVV), Hyperliquid (HYPE), and Ripple (XRP).

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Economy

Dow Jones slips 40 points, S&P gains as ceasefire hopes lift stocks

Wall Street’s main indexes were subdued on Friday as investors weighed largely in-line inflation data against persistent geopolitical risks stemming from the Middle East conflict. Major indexes edged higher in early trading, with the S&P 500 up around 0.28%, the Nasdaq 100 gaining 0.43%, and the Dow Jones Industrial Average was down 40 points or

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Economy

Bund yields edge higher as oil surge stirs ECB bets

. Euro zone government bond yields were on course for a weekly increase, even after experiencing their steepest drop in years earlier this week. The move comes as geopolitical tensions surrounding a ceasefire between the United States and Iran continue to show signs of strain, keeping markets on edge. Borrowing costs across the region largely

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Economy

US inflation hits 3.3% as energy prices surge, but core inflation stays subdued

Consumer prices in the United States accelerated sharply in March as rising energy costs linked to the Iran conflict pushed inflation further away from the Federal Reserve’s target, even as underlying price pressures remained relatively contained. Data released by the Bureau of Labor Statistics showed the consumer price index rose 0.9% on a seasonally adjusted

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Economy

Fuel protests disrupt Ireland as Iran war sparks price shock

Protests over rising fuel prices in Ireland have entered their fourth consecutive day, triggering widespread disruption across the country Demonstrators have blockaded three of Ireland’s primary refineries and fuel terminals, leading to supply shortages and bringing traffic in Dublin to a standstill. The protests have been largely driven by farmers, agricultural contractors, and road haulage

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Economy

Figma stock has crashed to a record low: is it a bargain or a value trap?

Figma stock price has crashed to a record low since its initial public offering (IPO), shedding billions of dollars in value as its valuation has dropped from over $55 billion to nearly $10 billion. This article explains why the FIG stock may rebound soon. Figma stock has plunged amid the SaaSpocalypse concerns Figma is a

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Economy

Nio stock price set to surge as golden cross, cup & handle forms

Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside  The daily chart points to more

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Economy

Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds

US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.

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Economy

While VCs burn cash, Perceptron built AI infrastructure with 700,000 users

In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months.  Nimble secured $47 million in

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