Economy

Economy
Economy

Micron stock falls as weakness hits global memory sector

Micron Technology shares fell on Friday as weakness in South Korean memory names weighed on sentiment and US investors awaited February jobs data. The moves come as US stocks remained in the red amid the Iran conflict, while South Korean memory giants Samsung Electronics and SK Hynix also declined on the Korea Exchange. Micron edges

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Economy

Nvidia, Meta, Tesla are worth trillions, but who funds this AI boom?

In 2025, artificial intelligence moved from tech circles into everyday life. It showed up everywhere, from conversations at the dinner table, in questions about whether the next phone or washing machine would run on AI, and in emails from managers urging employees to learn how to use it. Suddenly, the technology was no longer abstract.

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Economy

OKB token soars 25% as OKX launches in-app social platform for traders

The native token of OKX, OKB, has jumped more than 25% in 24 hours as investors reacted to a Wall Street partnership and the launch of Orbit, an in-app social platform that blends trading tools with social interaction. The rally pushed the token to an intraday high of $117.60 before settling down to around $97.53

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Economy

Bank of Canada tests tokenized bonds on blockchain in Project Samara

The Bank of Canada has completed a market experiment examining how tokenised bonds could move through financial systems using blockchain infrastructure. The project involved several of the country’s largest financial institutions and centred on a short term security issued by Export Development Canada. The test explored how distributed ledger technology could support the creation, trading,

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Economy

Marvell Technology surges on upbeat outlook: why analysts are bullish

Shares of Marvell Technology surged nearly 12% in premarket trading on Friday after the semiconductor company issued an upbeat long-term outlook, betting on sustained demand for its artificial intelligence-focused chips and data centre networking technologies. The rally shows that investors are confident that spending on AI infrastructure by major cloud providers will continue to fuel

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Economy

TRON price eyes new ATH following SEC settlement

TRON (TRX) has seen a renewed wave of optimism after news emerged that the US Securities and Exchange Commission (SEC) has settled its long-standing legal case against founder Justin Sun and associated entities. The settlement, which involves the dismissal of all claims against Justin Sun, Tron Foundation, and Bittorrent Foundation and a $10 million civil

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Economy

CLARITY act stalls as banks push back on stablecoin rewards

Efforts to advance the CLARITY Act, a major US bill aimed at establishing clearer rules for the digital asset market, have slowed after banks raised objections to a proposal allowing rewards for stablecoin users. The disagreement has complicated negotiations between lawmakers, regulators, and industry participants. The bill passed the House in July and was seen

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Economy

PI dips by 1% as traders eye NFP report: check forecast

The cryptocurrency market has turned bearish ahead of the Non-farm Payroll (NFP) data in the United States.  Bitcoin has dropped below the $70,000 level, while Ether is down 4% in the last 24 hours and now trades at $2,050.  Currently, traders are focusing their attention on the US jobs report due at 13:30 UTC. The

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Economy

Commodity wrap: oil may hit $100; gold set for weekly loss

The crude oil price trajectory is increasingly indicating that the commodity may breach the $100 per barrel mark in the coming days as hostilities continue in the Middle East.  Oil prices hit their highest level in nearly two years on Friday, with West Texas Intermediate surging past $86 and Brent hitting nearly $90 a barrel. 

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Economy

Shiba Inu price stuck in bearish trend amid two days of zero SHIB burns

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

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