The DJT stock price has collapsed this year as the company’s pivot to the crypto industry backfired, its core business struggled, and Donald Trump’s approval ratings plunged. Trump Media stock was trading at $11.30 on Thursday, a few points above the year-to-date low of $10.18. It remains much lower than the November high of $54.60.
Keel, an on-chain capital allocator eyeing decentralized finance and tokenization adoption on Solana, is eyeing an accelerated growth of this campaign via a new $500 million capital deployment. The move comes as Solana attracts massive attention during its Breakpoint Conference. SOL, the native token of Solana, has shown notable resilience in the past 24 hours.
ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore’s Jurong Island starting in March, according to a Reuters report on Thursday. This move aligns with a broader trend in the global petrochemicals sector to cut capacity in response to industry losses. The wind-down, scheduled to begin in March
The British energy regulator has given its approval to a substantial £28 billion (approximately $37.33 billion) investment plan spanning the next five years. This significant financial undertaking is designed to fundamentally ensure the safety, security, and long-term reliability of the nation’s energy system. This massive investment is a central component of a broader, comprehensive upgrade
Escalating military tensions between the US and Venezuela are poised to significantly impact benchmark crude oil prices, as the Trump administration intensifies pressure on Nicolas Maduro’s regime and hints at the possibility of a US incursion. “The loss of Venezuelan volumes would likely result in stronger crude oil prices in the Pacific Basin, with China
Gold prices rose on Friday after the release of the US inflation data, which ignited fresh hopes for an interest rate cut by the Federal Reserve next week. Silver surged more than 3%, tracking gains in gold as a rate cut next week seemed imminent. Lower rates boost demand for unyielding assets such as gold
The oilfield services (OFS) sector is undergoing a profound transformation as digital innovation emerges as a defining force, creating new opportunities for sustained, long-term growth amid shifting market conditions. A new forecast from Rystad Energy suggests the oil and gas industry could realise savings exceeding $320 billion over the next five years by deepening the
China’s transformation into a renewable energy juggernaut over the last decade is nothing short of astonishing. Over the past decade, the People’s Republic has not only slashed its air pollution but also vaulted to the forefront of global clean energy production. This shift is driven by a potent mix of top-down policy, massive state investment,
The US shale sector is anticipating a new round of M&A-driven consolidation among small- and medium-sized producers. This trend is mainly fueled by the desire for increased scale in an increasingly competitive deal-making landscape, Rystad Energy said in its latest report. For Exploration & Production (E&P) companies aiming for strong business valuations, scale and efficiency
Gold prices edged down ahead of the interest rate decision by the US Federal Reserve later on Wednesday. Meanwhile, silver prices extended its record-breaking rally above the $61 per ounce mark on robust industrial demand and declining inventories. Oil prices were largely steady as investors waited for the outcome of the US Fed’s two-day policy