Economy

Economy
Economy

Oracle’s massive AI cloud bet draws scrutiny after $50B financing push

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

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Economy

DIA targets $100B DeFi gap with new oracle for illiquid digital assets

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

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Economy

Why Europe’s energy bill is crushing euro and fueling dollar demand?

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

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Economy

Commodities wrap: oil plunges as Trump signals Iran war end, gold rally

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

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Economy

Top S&P 500 Index news this week: US-Iran war, US CPI, Oracle earnings and more

The S&P 500 Index continued its strong downward trend last week, reaching its lowest level since December 17 last year. It ended the week at $6,740, down substantially from the year-to-date high of $7,000. Let’s explore some of the top catalysts for the SPY, IVV, and VOO ETFs this week. US inflation report  A key

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Economy

Will ATOM retest the $1.65 February 6 low? Check forecast

While Ether and Solana are in the green, some leading altcoins have been underperforming. Cosmos Hub (ATOM) is down 1.3% and now trades at $1.7350 per coin. The bearish performance comes as ATOM extends its correction for the second consecutive week amid persistent selling pressure. Furthermore, weakening on-chain and derivatives data support a bearish outlook.

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Economy

Crude pares gains on reports of G7 SPR release

Oil prices pulled back from the highs hit earlier on Monday on reports claiming that the Group of Seven will discuss the possible release of emergency oil reserves.  Finance ministers from the G7 are scheduled to meet on Monday to discuss the potential release of emergency oil reserves. This discussion is in response to the

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Economy

Nasdaq explores tokenized stock trading with Kraken partnership

Nasdaq is moving deeper into blockchain-based finance through a partnership with crypto exchange Kraken aimed at developing infrastructure for tokenized stock trading. The initiative reflects growing interest among global exchanges in combining traditional equity markets with decentralised networks. The exchange operator announced that it plans to support tokenized equities while preserving issuer control and regulatory

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Economy

PI surges 5% as investors await Pi Day: check forecast

The cryptocurrency market has been volatile over the past few days due to the ongoing crisis between the US-Israel and Iran. However, PI, the native coin of the Pi Network, is defying market conditions and has been rallying over the past few days. The coin is currently up nearly 5% in the last 24 hours,

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Economy

How America’s new power play is rewriting global energy routes

A few months ago, the removal of Venezuela’s president looked like an isolated shock.Then came pressure on Greenland. Now there’s a war in the Middle East — and the next chapter already appears to be forming. Taken together, the pieces suggest something larger is underway. The United States seems to be redrawing parts of the

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