Oil Surges Past $90 as U.S.-Iran Conflict Sends European Markets Lower
European markets opened lower Monday as U.S. strikes on Iranian targets pushed Brent crude past $90. DAX fell 0.5% with key inflat...
Fed’s Warsh Signals Two More Rate Hikes After Hawkish Jackson Hole Remarks
Fed Chair Warsh's hawkish Jackson Hole speech signals two more rate hikes ahead. Barclays now expects 25bp increases in September...
Global Financial Systems Face Escalating Risk from AI Models, Top Regulator Aler...
FSB chair Andrew Bailey warns G20 regulators that advanced AI models threaten global financial stability, urging immediate action...
Fed’s Warsh Raises Rate Hike Concerns as Dollar Strengthens Near Two-Week Peak
Fed Chair Warsh hints at more rate hikes if inflation persists. September rate odds hit 58%. Dollar holds firm as yen weakens and...
Shein Stock Plunges Over 10% in Pre-Market Trading Before Hong Kong Debut
Shein shares tumble more than 10% in gray-market trading before Hong Kong IPO. The retailer raised $1.7B at a significantly reduce...
SpaceX and Nvidia Partner on AI-Powered Satellite Network Set for Late 2027 Laun...
SpaceX partners with Nvidia to launch AI satellites in Q4 2027. Musk claims orbital computing may cost less than Earth-based facil...
ARK Invest Exits AMD Position, Doubles Down on Nvidia (NVDA) and Broadcom (AVGO)
ARK Invest sold $74.5M in AMD shares and purchased $76M in Nvidia and Broadcom stock on Aug 28, positioning ahead of Broadcom's Se...
Meta (META) Stock: How Internal AI Rebellion Stopped Zuckerberg’s Mass Layoff Pl...
Meta (META) stock climbs as reports reveal Project OT's failed AI replacement plan, employee tracking controversy, and a lawsuit a...
SK Hynix (SKHY) Explores Japanese Manufacturing Partnership to Boost Memory Chip...
SK Hynix (SKHY) is exploring a joint venture for a memory chip plant in Japan. Miyagi Prefecture offers a site as AI demand drives...
Crude Oil Surges as U.S. Military Action Targets Iran Near Key Shipping Corridor
Oil prices soared Monday after U.S. strikes hit Iranian launchers near the Strait of Hormuz. Brent crude topped $90 amid supply di...