The Japanese yen retreated on Friday as investors watched the new political developments in Japan’s political environment. The USD/JPY exchange rate dropped to 152.62, down from this week’s high of $153.45. Japanese yen rebounds as ruling coalition collapses The USD/JPY exchange rate has been in a strong uptrend this week as investors cheered to the […]
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On Friday, US stocks hit record highs amid favorable inflation data, while Ford Motor Company reported robust earnings that bolstered investor confidence. Meanwhile, political developments in New York and escalating military operations in the Caribbean underscored ongoing geopolitical and domestic dynamics. Jeffries endorses Mamdani in New York mayoral race House Minority Leader Hakeem Jeffries announced […]
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US stocks climbed on Monday as easing trade tensions between the United States and China boosted investor sentiment and fueled a broad market rally. Officials from both nations signaled progress toward a potential trade agreement later this week, setting the stage for a meeting between President Donald Trump and Chinese President Xi Jinping. The Dow […]
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Wall Street opened higher on Tuesday, extending its record-setting run as upbeat corporate earnings and optimism ahead of the Federal Reserve’s policy meeting buoyed investor confidence. Indexes climb to new highs on broad market strength US stocks rose to new all-time highs on Tuesday, driven by a fresh wave of encouraging earnings results. The S&P […]
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Tesla stock hovered near record levels on Wednesday, bolstered by renewed artificial intelligence optimism and a fresh round of bullish commentary from Wall Street. Shares of the electric-vehicle maker traded as high as $464.16 before easing to $460 in early trading, even as the S&P 500 and Dow Jones Industrial Average rose 0.3% and 0.4%, […]
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Elon Musk’s satellite venture Starlink has signed its first telecom partnership in the UK, joining forces with Virgin Media O2 (VMO2) to offer mobile connectivity through space-based technology. The deal marks a strategic shift in the British telecom market, aiming to close the coverage gap in rural and remote regions through the new “O2 Satellite” […]
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OpenAI is laying the groundwork for a potential initial public offering that could value the company at around $1 trillion, according to recent reports from Reuters. The ChatGPT maker is considering filing with securities regulators as soon as the second half of 2026, with a possible listing in 2027, and has discussed raising at least […]
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Bitcoin miner turned AI infrastructure builder, Cipher Mining, has announced plans to offer $1.4 billion in senior secured notes to scale its data center expansion in Texas. According to a Nov. 4 press release, Cipher intends to raise the capital through a private offering of senior secured notes due 2030, issued by its wholly-owned subsidiary […]
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Bitcoin slipped back below $100,000 as traders booked profits and broader risk sentiment softened. In corporate news, Norway’s sovereign wealth fund is opposing Elon Musk’s $1T pay package at Tesla, setting up a closely watched shareholder vote. Adani Enterprises is gearing up for a major rights issue, while Ferrari topped expectations thanks to strong pricing […]
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The crypto market crash accelerated this week, with Bitcoin falling briefly below the important psychological point at $100,000. Most altcoins have plunged, with meme coins like Shiba Inu, Dogecoin, and Pepe being the top laggards. This crypto crash has led to a $700 billion wipeout, as the market capitalization of all tokens has moved from […]
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