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Economy

Smart money loves a bad market

Bull markets are liars. When everything’s pumping, a coin backed by nothing outruns a protocol with real users and revenue. Everyone’s a genius

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Economy

Micron to invest up to $3B in US chip supply chain, stock jumps on AI optimism

Micron Technology shares surged 6% in premarket trading on Thursday after the memory-chip maker announced plans to invest up to $3 billion to

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Economy

Bitcoin Cash price outlook: Can BCH build on Bitcoin-led gains?

Bitcoin Cash (BCH) traded at $236.38 at the time of writing, posting a 1.5% gain over the past 24 hours. The move comes

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Economy

Gold recovers as strong US labor data offsets earlier pressure from higher oil prices

Gold prices moved higher on Thursday, recovering above the $4,100 mark after stronger-than-expected US lalabourbour market data boosted investor sentiment. The gains came

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Economy

Dow Jones slips even as chip stocks offset renewed US-Iran tensions

US stocks opened higher on Thursday as gains in semiconductor shares helped offset renewed geopolitical concerns after fresh exchanges of attacks between the

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Economy

US jobless claims declined last week as labour market holds steady

The number of Americans filing new applications for unemployment benefits declined last week, pointing to continued resilience in the US labour market even

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Economy

Broadcom stock is in a local bear market: will it retest its record high?

Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its

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Economy

Salesforce stock falls after KeyBanc downgrade on AI growth concerns

Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may

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Economy

Is the 3.2% yielding SCHD ETF a buy as one-year Treasury yields hit 4.06%?

The Schwab US Dividend Equity ETF (SCHD) has moved sideways in the past few days. It has remained inside the key support and

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Economy

Rivian stock sinks as dilution fears take center stage

Rivian Automotive Inc (RIVN) is sliding on Tuesday morning after the electric vehicle (EV) maker announced a sizable public offering of about 75

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