Wall Street opened Monday to a continuation of last week’s carnage as the Dow Jones shed over 800 points in early trade. The indices were dragged lower by a double-shot of pain: oil surging past $100 a barrel on Monday morning and stagflation fears hardening after Friday’s devastating jobs report. S&P 500 and Nasdaq futures
The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the
Global oil markets were thrown into turmoil as disruptions to critical supply routes through the Strait of Hormuz caused oil prices to surge dramatically, widening price gaps between different crude grades, refined products, and futures contracts. The price differential between Brent and West Texas Intermediate (WTI) crude oil has recently expanded, reaching a peak of
Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy
The crypto market was highly volatile last week as the war in Iran continued and the US published weak jobs numbers. Bitcoin price soared to $74,000 and then pulled back to $66,000 as inflation concerns remained. This article explores some of the top crypto to watch this week, including Polkadot (DOT), Pi Network (PI), and
Crude oil price continued rising this weekend as the war in Iran continued, pushing some key countries to slash their output. Hyperliquid futures show that West Texas Intermediate (WTI) soared to $115 on Sunday, much higher than Friday’s close of $90. Brent, the global benchmark, rose to $117, the highest level since 2022. WTI crude
Shiba Inu (SHIB) continues to struggle as the memecoin trades under pressure despite a broader recovery in the cryptocurrency market. At the time of writing, Shiba Inu was trading at about $0.00000549, after a decline of roughly 2.9% over the past 24 hours. Shiba Inu has dropped about 6.2% in the past week, while losses
Nio stock price has gone sideways since November last year. It has remained inside a narrow range of between $4.38 and $5.78 in this period. This consolidation may end next week when the Chinese electric vehicle company releases its financial results. Nio stock has dropped despite important news The ongoing Nio stock consolidation mirrors that
The US labor market showed signs of cooling in February after nonfarm payrolls unexpectedly fell, and unemployment also came a notch higher than expected, complicating the picture for the Fed ahead of its rate decision as it weighs a weak jobs report against the fuel price-led inflationary risks caused by the Middle East conflict. Nonfarm
Brazilian aerospace manufacturer Embraer reported fourth-quarter revenue of $2.65 billion, bringing its total revenue for 2025 to a record $7.58 billion. According to a statement published by the company on Friday, the amount exceeded the upper end of the company’s projection and marks an 18% year-over-year rise. Strong performance in a number of business areas