India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in oil supplies from the Middle East caused by the ongoing Gulf crisis. Venezuela’s interim President Delcy Rodríguez visited India this week, holding high-level talks with Prime Minister Narendra Modi on Thursday. The
Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest
Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff triggered by Broadcom’s earnings report. Nvidia stock fell 0.8% to $214.75 in early trading. While the stock remained under pressure, the decline was modest compared with losses elsewhere in the semiconductor sector.
Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even faster acceleration in artificial intelligence-related demand. Broadcom shares slumped 15%, putting the semiconductor giant on track to become the worst-performing stock in the S&P 500. The decline quickly spread across the broader
US equities remain remarkably resilient, even as a standoff between the United States and Iran over the Strait of Hormuz continues. The S&P 500 gained more than 16% across April and May, a feat achieved only four other times since World War II, according to Deutsche Bank Research. The rally has also been fuelled by
The S&P 500 Index and its ETFs, like the SPY and VOO wavered today as market participants reacted to several important macro events from the United States and other countries. They have officially entered a bull market after rising by over 20% from the lowest point this year. Here are the top five things moving
US private-sector hiring strengthened in May, offering fresh evidence that the labor market remains resilient despite rising inflation and uncertainty stemming from geopolitical tensions in the Middle East. According to data released Wednesday by payroll processor ADP, private employers added 122,000 jobs last month, exceeding economists’ expectations of 110,000 and marking the strongest pace of
British new car registrations increased by about 6% in May compared with the same month a year earlier, supported by robust demand for plug-in vehicles, according to data released by New Automotive on Wednesday. Battery electric vehicles (BEVs) continued to gain market share, accounting for 27% of all new vehicle registrations during the month. The
The Zcash network experienced a halt lasting roughly three to four hours, according to blockchain status observations reported on June 3, 2026. But despite this disruption, the price has held firm, with ZEC trading around $619.05 at press time, showing a 6.29% gain in the 24 hours and maintaining a tight range between $560.69 and
India has announced an INR 100 billion ($1.05 billion) fuel stabilisation fund to protect its airlines from volatile jet fuel prices triggered by the ongoing Middle East conflict. The move comes as global analysts warn that recent signs of relief in the jet fuel market may prove short-lived, with the peak summer travel season still