The rally in silver prices continued on Tuesday as prices breached the $70-per-ounce mark for the first time ever on robust physical and investment demand. Gold prices also hit a new record high, crossing the $4,500 per ounce mark on Tuesday on a weak dollar and geopolitical uncertainty. Meanwhile, oil prices fell slightly as oversupply
Big market moves are colliding with mixed economic signals as investors head into year-end. US growth is flashing strength, but soft spots are emerging beneath the headline numbers. In Asia, India’s central bank is burning reserves to slow a battered rupee. Corporate shake-ups continue in Europe as Nestlé accelerates its portfolio reset. Meanwhile, gold and
Bitcoin eased in early Asian trading and held around the mid-$87,000 area as market volatility continued to compress. Bitcoin investor and entrepreneur Anthony Pompliano said the absence of a year-end surge may reduce the risk of a major first-quarter selloff. Other analysts see deeper downside potential into 2026, while broader markets are buoyed by a
Global markets are navigating a complex mix of trade policy uncertainty, surging commodity prices, and resilient equity performance as the year draws to a close. Washington signaled a pause — for now — in escalating trade measures against China’s semiconductor sector. At the same time, precious metals rallied to historic highs on geopolitical tensions and
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Shares of Dynavax Technologies jumped sharply in premarket trading on Wednesday after the US vaccine maker agreed to be acquired by French pharmaceutical group Sanofi in an all-cash deal valued at about $2.2 billion. Sanofi said it will pay $15.50 per share for Dynavax, representing a premium of roughly 39% to the company’s closing price
Italy has become the latest European regulator to challenge how Big Tech is integrating artificial intelligence into widely used digital platforms. This week, the country’s antitrust authority ordered Meta Platforms to suspend certain WhatsApp contractual terms while it investigates whether the company abused its dominant position. The case centres on AI chatbots and whether recent
The Curve DAO community has rejected a proposal that sought to provide significant financial backing to its main development entity, Swiss Stake. The vote marks the latest governance decision within the Curve Finance ecosystem and comes as the protocol’s native token continues to show resilience around the $0.37 level. According to details from the vote,
The Strategy stock price continued its freefall this month and is now hovering at its lowest level since September last year. MSTR stock has plunged by over 70% from its highest level in 2024, even as the S&P 500 and the Nasdaq 100 indices jumped to a record high. Strategy enterprise NAV is about to
The United States has sharply escalated its confrontation with Europe over digital regulation, imposing visa sanctions on former European Union officials and leaders of anti-disinformation groups in a move that has drawn swift condemnation from across the Atlantic. The sanctions, announced on Tuesday by the US State Department, target a former senior EU official and