Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company’s flagship artificial intelligence infrastructure projects. Oracle stock dropped more than 1% in premarket trading after the Financial Times reported that Blue Owl Capital would not back a proposed $10 billion data centre deal. Losses deepened
Nvidia’s stock dropped over 2% on Wednesday as investors cashed in gains after a powerful run-up. Wednesday’s sell-off marks a classic bout of profit-taking in one of this year’s most crowded trades. The pullback came after months of outperformance and arrived as fresh headlines on competition, China export rules, and shifting macro sentiment gave traders
Bitcoin’s price remained stuck in a narrow range as a series of macroeconomic factors kept market activity constrained. The total crypto market cap edged slightly lower, with buying and selling pressure both subdued during a week filled with key macro developments. As of press time, overall market capitalisation hovered just above the $3 trillion mark.
Medline stock made a blockbuster debut on Wednesday with its IPO listing at $29 per share. The company raised roughly $6.26 billion and hit the public markets with an implied valuation near $50 billion, making it the year’s biggest listing. The Northfield, Illinois-based medical-supplies giant, backed by Blackstone, Carlyle, and Hellman & Friedman, upsized the
Tesla stock came under pressure on Wednesday after touching an all-time high earlier in the session, as investors reacted to fresh regulatory scrutiny in California that could complicate the company’s ambitions for self-driving technology. The stock was down more than 3% at around $476, retreating from record levels reached earlier in the day. The pullback
The Cardano market is navigating a decisive phase as price action compresses around a long-defended technical zone. At press time, Cardano (ADA) was trading near $0.396, up about 2.7% over the past 24 hours. But despite the short-term bounce, ADA price remains down roughly 14% on the week and close to 19% over the past
GLD gold ETF ended last week in the red as Treasury yields edged higher ahead of the highly anticipated December Fed meeting. Despite the differing opinions among the US central bank officials, investors have become increasingly confident that the Fed will announce a quarter-basis-point interest rate cut during the meeting slated for 9th-10th December. Beyond
Gold will remain favourable in the short term due to the uncertainties in the geopolitical environment around the world. The ongoing EU plans regarding frozen Russian reserves serve as a further compelling reason to favour gold. Plans have existed for some time to utilise the Russian central bank’s frozen assets, which exceed EUR 200 billion,
Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever. Oil prices were largely flat after spending most of the day in the red on concerns over
As investors stare down the start of 2026, one thing is clear: the playbook that worked over the last decade won’t cut it in the next. Between stubborn inflation fears, a ballooning US national debt and relentless innovation in digital finance, the lines between Wall Street, Washington and Web3 are blurring fast. That’s exactly the