Ripple raises $1 billion for XRP amid fragile crypto markets

Ripple raises $1 billion for XRP amid fragile crypto markets

Ripple Labs Inc. is moving forward with an ambitious plan to raise at least $1 billion to buy XRP, despite recent turbulence in the cryptocurrency market. The move signals the company’s intent to strengthen its presence in the digital-asset ecosystem, even as investors remain cautious following a market-wide selloff. The funds will be placed in […]

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 McDonald’s stock rise despite earnings miss as value deals boost sales

McDonald’s stock rise despite earnings miss as value deals boost sales

McDonald’s Corp. shares edged higher on Wednesday even after the fast-food giant missed Wall Street’s earnings and revenue forecasts for the third quarter. Investors appeared encouraged by stronger-than-expected comparable sales growth and the company’s focus on value-driven strategies aimed at reviving traffic amid consumer belt-tightening. McDonald’s shares surged 3.34% to $309 on Wednesday’s trading. Earnings […]

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 Nvidia stock staging a mini comeback after Tuesday’s fall: buy, sell or hold?

Nvidia stock staging a mini comeback after Tuesday’s fall: buy, sell or hold?

Nvidia stock was staging a modest comeback early Wednesday, as the chipmaker sought to recover from Tuesday’s 4% decline amid mounting concerns over artificial intelligence valuations and renewed uncertainty about US chip sales to China. AI-related stocks broadly weakened on Wednesday as sentiment remained cautious following a strong run-up across the sector this year. Advanced […]

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 US markets open in red as inflation data weighs on sentiments

US markets open in red as inflation data weighs on sentiments

US stocks edged lower on Friday as investors booked profits following a week of strong gains and new record highs for the S&P 500. A fresh inflation reading underscored persistent price pressures, tempering optimism after Nvidia’s blockbuster earnings earlier in the week. Inflation data keeps Fed in focus The S&P 500 dipped 0.3%, the Nasdaq […]

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 Donald Trump walks back on rift with Elon Musk: ‘I want him to thrive’

Donald Trump walks back on rift with Elon Musk: ‘I want him to thrive’

US President Donald Trump pushed back on speculation that his administration plans to pull federal subsidies from Elon Musk’s companies, saying he wants Musk and all American businesses to “thrive like never before.” The remarks came after growing chatter that Tesla, SpaceX, and other Musk-led ventures could face funding pressure from the government, especially as […]

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 Musk rebuts Trump’s subsidy claims, says clean energy incentives have been scrapped

Musk rebuts Trump’s subsidy claims, says clean energy incentives have been scrapped

In a deepening public feud, Elon Musk has fired back at President Donald Trump’s assertion that his companies will continue to enjoy federal subsidies, with the tech billionaire stating unequivocally that these incentives have already been scrapped. This latest war of words marks a further deterioration in the relationship between the two powerful figures, a […]

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