Economy

Economy
Economy

Can SUI recover after a 6-hour network outage sent the price lower?

Sui faced a sharp technical disruption on May 28, 2026, when the network stopped producing blocks for nearly six hours. The incident came shortly after a protocol upgrade, with reports pointing to a bug in the Sui 1.72 release that triggered a validator consensus failure. During the outage, transaction processing across the blockchain came to

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Economy

Dogecoin price analysis as memecoin fails to hold key level

Dogecoin (DOGE) slipped below the key psychological $0.10 level as risk-off sentiment swept through cryptocurrency markets. The token’s recent weakness has largely mirrored a broader retreat across risk assets. DOGE price falls amid crypto sell-off Dogecoin’s price movements have been closely correlated with macro developments in recent sessions, and the memecoin’s heavy retail ownership profile

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Economy

BYD expands ‘God’s Eye’ rollout amid EV price war

BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God’s Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker’s long-term goal is to achieve “zero traffic accidents” through intelligent driving technology. As part of

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Economy

US Q1 GDP growth revised down to 1.6% as spending slows

Wall Street and currency markets remained cautious on Thursday after revised government data showed the US economy expanded more slowly than previously estimated during the first quarter of 2026. The US Commerce Department said gross domestic product (GDP) grew at an annualized rate of 1.6% in the January-to-March period, down from the earlier estimate of

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Economy

Dow slips 190 points as oil jumps, inflation data eases Fed concerns

Wall Street traded mixed on Thursday as investors weighed softer-than-expected monthly inflation data against escalating geopolitical tensions between the United States and Iran, which pushed oil prices sharply higher. The Dow Jones Industrial Average fell 194 points, or 0.37%, while the S&P 500 and Nasdaq Composite fell 0.14% and 0.24%, respectively. Markets initially found some

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Economy

DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem

The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it

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Economy

Broadcom stock flashes bullish flag and C&H pattern ahead of results

Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3.  Broadcom stock has formed a giant bullish flag pattern The daily chart shows that

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Economy

Virgin Galactic stock is soaring ahead of the SpaceX IPO: what next?

Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year. So, will the stock continue rising as short interest jumps? Virgin Galactic has soared ahead of the SpaceX IPO The SPCE stock price has

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Economy

Here’s why Tilray Brands stock has crashed: will it rebound soon?

Tilray Brands (NASDAQ: TLRY) stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today.  Tilray Brands is facing major headwinds as core business

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Economy

Tether-backed Oobit adds Arbitrum to simplify stablecoin merchant payments

Oobit, the global crypto payments app backed by Tether, has integrated the Arbitrum network into its payments infrastructure, expanding its push to make stablecoin spending easier at mainstream merchants. The move connects Arbitrum users with Oobit’s payment rails, allowing them to transact at more than 150 million Visa-accepting merchants across over 200 countries. For Oobit,

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