Dow, S&P 500 fall as oil prices rise and Nvidia fails to lift sentiment
US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while
Gold
Gold
Crypto platform Blockchain moves ahead with confidential IPO filing
Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public
Gold
Oil spikes over 3% as Iran nuclear standoff threatens supply from Hormuz
Oil prices surged more than 3% on Thursday after Iran’s supreme leader ordered that enriched uranium must remain inside the country, a move
Gold
Why is Nio stock falling despite revenue surge and strong EV delivery growth
Shares of Chinese electric vehicle maker Nio came under pressure after options trading reflected mixed investor sentiment and expectations for higher volatility, even
Gold
Why Nvidia stock is down 2% after blockbuster earnings
Nvidia (NVDA) delivered another blockbuster earnings report, but investors appeared unimpressed as the stock struggled to rally. Shares fell around 1.9% on Thursday
Oil
Sterling holds firm despite sharp drop in UK business activity
The British pound traded largely unchanged against the US dollar on Thursday as investors focused on developments surrounding the Iran war, while also
Oil
US jobless claims fall to 209,000 as US labour market remains relatively stable
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even
Oil
Walmart stock falls as retail giant warns on profit outlook
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit
Oil
Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders
Oil
IMF warns France on fiscal risks as deficit lingers
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag