The International Energy Agency triggered its largest-ever strategic oil release on Wednesday, flooding the market with 400 million barrels of crude to counter a supply crunch gripping global energy markets. The extraordinary move came as Brent crude hovered near $91 a barrel amid escalating Middle East conflict and tanker disruptions in the Strait of Hormuz.
Stellar (XLM) is the best performer among the top 20 cryptocurrencies by market cap, up 7% in the last 24 hours. The coin is trading around $0.16 after posting a modest rebound on the previous day. However, mixed on-chain and derivatives data indicate traders remain cautious despite the ongoing recovery efforts. The technical indicators suggest
Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz and existing backers Altimeter Capital and Kleiner Perkins, values the company at $4.2 billion. The deal reflects rising tech spending as companies race to expand computing capacity for AI systems and the
The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings cycle and came back with four names they think still have room to run. The picks aren’t random as they reflect a clear-eyed view that demand for AI-grade chips stays strong even
Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses. The company said Tuesday that strong demand for premium electric SUVs, record deliveries, and cost controls helped push the business into the black in the final quarter of 2025. The result highlights
US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran. The Dow Jones Industrial Average slipped 62 points, or 0.1%. The S&P 500 hovered near the flatline, while the Nasdaq Composite gained 0.2%. Energy markets remained the primary focus for investors after
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand, a strategy that has required heavy capital investment. Markets are watching how the strategy affects financing, shareholder dilution, and Oracle’s ability
DIA, a blockchain oracle network serving over 250 decentralized applications across more than 60 blockchains, has taken aim at a long-standing pricing problem in institutional DeFi. How do you price an asset that doesn’t trade on a market? The Zug-based company launched DIA Value on March 10, a new oracle product that computes intrinsic fair
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure projects and a more confident post-pandemic recovery. That optimism evaporated almost overnight. The war in the Middle East revived one of the euro’s oldest vulnerabilities: energy dependence. Crude oil surged toward $100
Crude oil has had a dramatic couple of days with prices hitting a more than three-year high on Monday, and plummeting 7% to briefly trade below $90 per barrel on Tuesday. Both the West Texas Intermediate and Brent crude oil plunged as US President Donald Trump said that the war in the Middle East with