Bitcoin

Bitcoin
Bitcoin

Why Tesla stock is climbing even as Big Tech sells off

Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock

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Citi sees 3 major risks in Pinterest stock’s path to recovery

Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS

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Cooling inflation and steady hiring ignite fresh hopes of a US soft landing in 2026

January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and

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AI sell-off: 3 sectors it has hit the hardest and why

The meteoric rise of artificial intelligence, which once propelled markets to record highs, has hit a wall of skepticism. In early February 2026, a sharp sell-off rippled through global exchanges as the narrative shifted from “AI as a savior” to “AI as a disruptor.” This volatility was primarily triggered by two factors: a massive spike

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US crypto policy deadlock is weighing on Bitcoin price

Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last

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Commodity wrap: gold and silver end volatile week with small gains; oil rises

A volatile week for precious metals is ending on a slightly positive note, with gold and silver logging small gains. Simmering geopolitical tensions and increasing safe-haven demand boosted gold prices on Friday. Meanwhile, oil prices saw a modest increase on Friday, following reports from Iran’s foreign minister indicating that discussions between Iran and the US

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Oil finds short-term support as oversupply eases, bearish risks linger

The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected.  The International Energy Agency (IEA) has revised its outlook for the global oil market, specifically downgrading its prior expectations concerning the magnitude of the supply surplus.  This adjustment was not a recent development

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Indian refiners buy 2M barrels of Venezuelan Merey crude: report

Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with delivery scheduled for the second half of April, according to a Reuters report.  A Very Large Crude Carrier (VLCC) will transport the crude oil, which is being sold by Trafigura, according to

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Commodity wrap: gold back above $5,000/oz, oil reverses losses

Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies.  Silver prices also surged more than 6% to trade around $82 per ounce. The white metal is gaining interest from reflation trades, driven by political developments in Japan and continuous US monetary easing expectations. Oil

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Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear

Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data.  Over the past week, precious metals have experienced significant volatility, as prices retreated from all-time highs due to a combination of profit-taking and excessively bullish positioning. Meanwhile, oil

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