Bitcoin is holding around the $101.7K level. BTC’s trading volume has jumped by over 54%. The bear trap has been tightening in the crypto market, with digital assets stuck in the red zone. Significantly, the fear and greed index value is settled at 20, exhibiting the broader fear sentiment on board. The largest asset, Bitcoin […]
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The gold market is poised precariously around $4,000 an ounce, with the metal having fallen from last month’s record highs above $4,360. While many analysts view the drop as a healthy correction in a long-term uptrend, famed British economist Jim O’Neill, former UK Treasury minister and ex-chairman of Goldman Sachs Asset Management, sees arguments for […]
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China is preparing to relax some of its rare earth export rules by introducing one-year general licences, following trade discussions with the United States, as per a Reuters report. The move could accelerate shipments and ease shortages in critical industries, yet analysts and insiders caution that Beijing’s wider export curbs remain firmly in place. With […]
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U.S. stocks opened in green on Wednesday morning as investors digested a better-than-expected GDP reading, mixed corporate earnings, and heightened geopolitical developments. Market participants also remained focused on the Federal Reserve’s upcoming interest rate decision and key earnings from major tech firms later in the day. The S&P 500 was up 0.14% while the Dow […]
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US markets opened higher on Thursday after tech giants opened in green due to strong tech earnings. The tech heavy Nasdaq index opened 1.13% higher at market open. The benchmark S&P 500 index gained 0.66% while the Dow Jones Industrial Average was up by 0.19%. Microsoft and Meta power market gains Shares of “Magnificent Seven” […]
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US stocks bounced back at the open on Monday following a sharp sell-off in the previous session, as investors reassessed the impact of weak labor data and newly announced tariffs from the Trump administration. The rebound comes despite lingering concerns over stagflationary signals in the economy and a mixed finish to the second-quarter earnings season. […]
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Tesla’s sales of its China-made electric vehicles edged up slightly in June, snapping an eight-month losing streak in a key market. However, this modest gain does little to mask the broader challenges facing the US automaker, including an expected decline in overall quarterly deliveries and mounting pressure from lower-cost rivals. Data released on Wednesday by […]
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European stock markets began the week with a mixed and directionless tone, as investors navigated a complex landscape of new US tariff threats, a high-profile political feud between President Donald Trump and Elon Musk, and significant corporate deal-making. About 10 minutes into Monday’s trading session, the pan-European Stoxx 600 index was hovering just below the […]
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Tesla CEO Elon Musk has launched a new political party in the United States, declaring the formation of the “America Party” on Saturday. The move follows Musk’s fallout with President Donald Trump over a sweeping tax and spending bill that Musk criticized for deepening the nation’s fiscal woes. The announcement was made on Musk’s social […]
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Yum Brands says it is exploring strategic options for Pizza Hut, a review that could include a potential sale as the iconic pizza chain struggles to regain momentum in an increasingly competitive market. Papa John’s, which had been in talks with Apollo Global for a potential $2.1 billion take-private deal, now faces uncertainty after the […]
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