Economy
Finance, markets, investments, cryptocurrency and economic news
Nvidia invests $2B each in Lumentum and Coherent, betting on photonics to solve AI data centers' massive power consumption problem. A strategic move beyond chips.
Supreme Leader's death sparks nationwide riots in Pakistan, sending oil prices soaring $32/barrel. How sectarian violence is reshaping global energy markets.
India's opposition slams PM Modi's Israel visit timing as US-Israeli strikes on Iran begin, questioning New Delhi's balanced Middle East diplomacy and warning of grave consequences.
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[email protected]As Iran conflict sends oil soaring and stocks plunging, Bitcoin shows resilience above $66,000, marking a potential shift from tech correlation to safe-haven status.
While S&P 500 futures dropped 1.1% and Nasdaq fell 1.5% on Iran strikes, Bitcoin rebounded 5% from weekend lows despite $300M in liquidations. Is crypto becoming the new hedge against geopolitical risk?
Major bitcoin mining companies like Riot Platforms and Core Scientific are shifting focus to AI computing services as mining profitability declines. What does this transformation mean for the crypto industry?
Hong Kong and Shanghai team up for blockchain cargo platform targeting $1.5 trillion trade finance market. But the real winners may not be who you think.
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[email protected]Iran has imposed a near-total internet blackout for 48 hours, isolating 90 million citizens as US-Israeli cyberattacks compound the digital siege.
US-Israeli strikes on Iran enter third day as oil prices surge. Three scenarios for escalation and what they mean for global energy markets and consumers.
Nepal's youth-led protests triggered early elections. Rapper-turned-politician vs traditional parties. China-India balancing act at stake.
Escalating Middle East conflict drives oil and gas prices to yearly highs, threatening global supply chains and consumer wallets. What this means for your daily expenses and investment portfolio.
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[email protected]Toyota Group raises tender offer for Toyota Industries after Elliott Investment Management's pressure campaign. A watershed moment for Japanese corporate governance?