Economy

Economy
Economy

US stocks mixed as Dow dips, Oracle surges on AI, inflation cools

The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The investors continue to weigh the latest developments in the US-Iran war and volatile oil prices while digesting fresh US inflation data. The Dow slipped 82 points, or 0.2%, while the S&P 500

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Economy

Revolut is close to a UK banking licence: here’s what comes next

After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut is finally close to securing a full banking licence in its home market. The Financial Times reported Wednesday that the approval is imminent, a milestone that would end a process that began in 2021

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Economy

SUI surges 8% on rising whale interest, TVL inflows

SUI is one of the best performers among the top 30 cryptocurrencies by market cap, holding steady above $0.97 after an 8% surge in the last 24 hours.  The coin has performed excellently thanks to renewed interest from large wallet investors, commonly referred to as whales, and on-chain demand. Technical indicators also suggest that SUI

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Economy

XLM tops gainers with 7% rally, bulls target $0.165 resistance

Stellar (XLM) is the best performer among the top 20 cryptocurrencies by market cap, up 7% in the last 24 hours. The coin is trading around $0.16 after posting a modest rebound on the previous day. However, mixed on-chain and derivatives data indicate traders remain cautious despite the ongoing recovery efforts. The technical indicators suggest

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Economy

Nexthop AI raises $500M at $4.2B valuation

Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz and existing backers Altimeter Capital and Kleiner Perkins, values the company at $4.2 billion. The deal reflects rising tech spending as companies race to expand computing capacity for AI systems and the

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Economy

These are 4 AI chip stocks Citi wants you buying now

The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings cycle and came back with four names they think still have room to run. The picks aren’t random as they reflect a clear-eyed view that demand for AI-grade chips stays strong even

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Economy

Nio swings to profit as premium SUVs, cost cuts drive turnaround

Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses. The company said Tuesday that strong demand for premium electric SUVs, record deliveries, and cost controls helped push the business into the black in the final quarter of 2025. The result highlights

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Economy

US stocks open flat after Trump’s comments calm nerves

US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran. The Dow Jones Industrial Average slipped 62 points, or 0.1%. The S&P 500 hovered near the flatline, while the Nasdaq Composite gained 0.2%. Energy markets remained the primary focus for investors after

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Economy

Oracle’s massive AI cloud bet draws scrutiny after $50B financing push

Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand, a strategy that has required heavy capital investment. Markets are watching how the strategy affects financing, shareholder dilution, and Oracle’s ability

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Economy

DIA targets $100B DeFi gap with new oracle for illiquid digital assets

DIA, a blockchain oracle network serving over 250 decentralized applications across more than 60 blockchains, has taken aim at a long-standing pricing problem in institutional DeFi. How do you price an asset that doesn’t trade on a market? The Zug-based company launched DIA Value on March 10, a new oracle product that computes intrinsic fair

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