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Economy

Dell jumps as blockbuster AI demand boosts outlook, analysts see long growth runway

Dell Technologies shares surged in premarket trading on Friday after the company delivered stronger-than-expected quarterly results and sharply raised its financial outlook, reinforcing

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Economy

Global debt markets swing between war risks and peace prospects

The Iran war rattled global bond markets throughout May, sending government borrowing costs sharply higher before signs of progress in peace negotiations and

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Economy

Wall Street awaits payrolls data as rate hike risks return to focus

Investors are preparing for a crucial week as fresh labor market data and earnings from Broadcom could influence the direction of US stocks.

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Economy

IndiGo reports quarterly loss as costs surge and capacity falls

Indian budget carrier IndiGo reported a fourth-quarter loss on Friday as the country’s largest airline faced pressure from domestic capacity constraints, a weakening

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Economy

Euro zone inflation stays above ECB target as Iran fallout widens

Inflation in the euro zone’s four largest economies remained above the European Central Bank’s 2% target for a third consecutive month in May,

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Economy

Bitcoin Cash price prediction: downside risks loom as BCH dips to $300

Bitcoin Cash (BCH) slipped under $300 on Friday, retreating 7% over the past 24 hours and flirting with a multi-month low as risk

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Economy

FTSE 250 heads for weekly gain as Ocado jumps on Asda deal

The UK’s domestically focused FTSE 250 index moved toward a second consecutive weekly gain on Friday, supported by a sharp rise in Ocado

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Economy

Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street

Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism

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Economy

Danish pension fund rejects SpaceX IPO over valuation and governance concerns

A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX,

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Economy

DxSale loses $7.3M in BNB Chain liquidity providers (LPs) hack

DxSale, a long-running token launch and liquidity locking platform widely used during the early BNB Chain memecoin boom, has suffered a major exploit

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