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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 seen as complicating fragile peace talks with the US.  The directive heightened geopolitical uncertainty, keeping crude markets volatile as supply disruptions through the Strait of Hormuz persist. Prices jump on nuclear standoff

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European lenders back Qivalis as race for digital euro alternatives grows

European banks are accelerating efforts to build a regional alternative to US-dominated digital payment systems, with 25 additional lenders joining a consortium preparing to launch a euro-pegged cryptocurrency later this year. The consortium, which established an Amsterdam-based company named Qivalis last year, said on Wednesday that its membership has expanded to 37 financial institutions from

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Business

Analysts are bullish on Rocket Lab stock ahead of SpaceX IPO: Should you?

Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These gains have continued this month as top Wall Street analysts buy ahead of the upcoming SpaceX IPO. It has soared to $127, up by 402% in the last 12 months. So, is

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Dash price prediction: Can privacy coin climb to $60 next?

Dash (DASH) rallied sharply on Wednesday as renewed buying interest in privacy-focused cryptocurrencies pushed the token into double-digit intraday gains, rekindling optimism that $55 may be within reach. Improving on-chain momentum as privacy coins resurface and a favorable technical setup could help sustain the breakout seen over the past week. DASH price jumps 12% as

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Business

Cava stock jumps 9% after earnings beat as analysts raise price targets

Shares of CAVA Group jumped 9% in premarket trading on Wednesday after the Mediterranean fast-casual chain posted stronger-than-expected first-quarter 2026 results and raised its full-year outlook, reinforcing investor confidence in the company’s growth trajectory. The company reported revenue of about $434 million to $438 million for the quarter, representing a 32.2% increase from the same

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Business

RBI announces $5 billion dollar-rupee swap to ease liquidity pressure

The Reserve Bank of India (RBI) on Wednesday announced a dollar/rupee buy-sell swap auction worth $5 billion with a tenor of three years, scheduled for May 26, as the central bank seeks to manage liquidity conditions amid continued pressure on the Indian currency. The RBI said the decision followed a review of current and evolving

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Business

Target posts strongest sales growth in years: Is growth back for good?

Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround strategy is beginning to gain traction despite ongoing macroeconomic uncertainty. Target stock gained about 1.5% in premarket trading to $129.18 after the company posted first-quarter adjusted earnings of $1.71 per share on

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Business

Dow slips as Nvidia rally lifts Nasdaq ahead of crucial earnings

US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil prices helped stabilize broader market sentiment. The S&P 500 rose about 0.26%, while the Nasdaq Composite gained roughly 0.61% after both indexes suffered three consecutive

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Business

Real, iExec to explore confidential infrastructure for tokenized assets

Real, a Layer 1 blockchain focused on institutional-scale real-world asset tokenization, has signed a memorandum of understanding with iExec to explore privacy-preserving infrastructure for tokenized assets. The collaboration will examine how institutional RWA issuance, distribution, and on-chain financial operations can be carried out while maintaining confidentiality, compliance, and auditability. Real supports the full lifecycle of

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Business

Coins.ph adds Bitcoin, Ethereum payments via Philippines QR payment network

Coins.ph has expanded its QRPh crypto payment functionality to include Bitcoin and Ethereum, extending a system that already supports stablecoin payments such as USDT. The integration allows users to make payments at an estimated 700,000 QRPh-enabled merchants across the Philippines by scanning the national QR code standard developed by the Bangko Sentral ng Pilipinas. At

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