The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy
The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback
Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a
The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,
US equities were mixed on Tuesday, with the S&P 500 trading modestly higher as gains in Palantir Technologies and a rebound in gold and silver helped support broader sentiment following a strong start to the new trading month. The S&P 500 was up about 0.1% in early trading. The Nasdaq Composite outperformed, rising 0.4%, while
Bitcoin crashed below $78,000 in February 2026, shedding 22% of its value in brutal fashion. The broader crypto market followed suit, with Ethereum and major altcoins bleeding double-digit losses. Yet in the wreckage, stablecoin volumes hit $33 trillion. That’s a 72% surge, driven by USDC moving $18.3 trillion and USDT handling $13.3 trillion. The contrast
Walt Disney Co has appointed Josh D’Amaro as its new chief executive officer, ending a prolonged and closely scrutinised succession process that has dominated conversations in Hollywood and on Wall Street for more than a year. D’Amaro will succeed Bob Iger, becoming the ninth chief executive in Disney’s 102-year history. Disney’s share price slipped by
Gold and silver prices rebounded sharply on Tuesday after plummeting in the last couple of trading sessions. Gold prices on COMEX rose more than 6%, while the silver contract experienced a whopping 14% rise on Tuesday. Meanwhile, oil prices also rose nearly 1% after spending most of the day mostly flat as traders resorted to
AMD stock price continued its strong rally this year as demand for semiconductor chips gained steam. It was trading at $246 on Monday, up by 220%5 from its lowest level in 2025, with its market capitalization soaring to over $400 billion. So, will the stock rally or crash after releasing its earnings on Tuesday? AMD’s