Economy

Economy
Economy

Here’s why Near Protocol, Ondo, and Hyperliquid crypto tokens are rising

Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%.  Near Protocol price jumps amid AI hype NEAR crypto token has been one of the

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Economy

Top Trump supporters blast his Iran deal to reopen Strait of Hormuz

President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be a loss to the United States. Top Trump allies blast US-Iran deal In a Truth Social post, Trump said that details of the deal to

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Economy

Commodity wrap: Oil gains as US–Iran talks stall; gold slips, copper resilient

Oil prices gained on the last day of the week as no breakthrough has been reached in the US-Iran peace negotiations, which is likely to keep supply restricted in the Strait of Hormuz. Meanwhile, gold has had a difficult past five days as prices are likely to experience losses for the second straight week. Silver

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Economy

Merck stock jumps as Keytruda combo trials boost cancer pipeline

Shares of Merck & Co. (MRK) rose 5% on Friday after the pharmaceutical giant reported positive developments across multiple oncology programs, reinforcing investor confidence in its efforts to extend the dominance of blockbuster cancer drug Keytruda ahead of looming patent expirations later this decade. The rally followed encouraging Phase 3 clinical trial results involving sacituzumab

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Economy

Dell stock rallies as analysts show love ahead of Q1 earnings

Dell Technologies (DELL) ripped higher on Friday as a series of analyst upgrades and price target hikes fuelled intense buying momentum ahead of the firm’s Q1 earnings set to be released on May 28th.    Wall Street remains convinced that DELL will report blockbuster financials for the first quarter, with revenue coming in up nearly

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Economy

Take-Two stock falls as weak FY27 guidance offsets GTA VI hype

Shares of Take-Two Interactive Software (TTWO) fell on Friday despite the video game publisher reporting better-than-expected quarterly results and reaffirming the release timeline for the highly anticipated Grand Theft Auto VI. The company posted stronger-than-expected fiscal fourth-quarter net bookings and a narrower loss than analysts anticipated. However, investor sentiment weakened after Take-Two issued fiscal 2027

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Economy

Generac stock jumps 9%: Why is Jefferies bullish on the stock?

Shares of Generac Holdings (GNRC) surged on Friday after Jefferies upgraded the backup power equipment maker, citing growing momentum in AI-driven data center infrastructure demand and increasing traction for the company’s Baudouin engines among hyperscale operators. Generac shares climbed 9% after Jefferies raised its rating on the stock to Buy from Hold and increased its

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Economy

Dow hits record high as easing yields lift Wall Street

Wall Street closed higher on Friday, with the Dow Jones Industrial Average reaching an intraday record high, as easing Treasury yields and optimism surrounding diplomatic efforts in the Middle East supported investor sentiment heading into the Memorial Day holiday weekend. The Dow gained nearly 295 points, or 0.59%, to close at approximately 50,580. The blue-chip

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Economy

Xi hosted Trump, then Putin, and showed where China’s leverage lies

In Beijing, the choreography said almost as much as the communiques. Air Force One had barely left Chinese airspace before Vladimir Putin’s plane touched down. The flags, guards and banquet halls were still warm from one superpower summit when China began staging the next. For Xi Jinping, the sequence was not just diplomatic theatre; it

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Economy

Iran’s control of Strait of Hormuz raises legal issues; reopening unlikely

Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that a full reopening of the waterway in 2026 is unlikely.  Instead, countries such as India, China, Japan, and South Korea may be forced into bilateral deals with Tehran to secure passage, while

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