Evening digest: Aramco to halt Europe oil deliveries, Bitcoin hits $81K
Saudi Aramco has told at least two European refining customers they will receive no crude oil in October following damage to the kingdom’s
Economy
Economy
Dow closes 110 pts lower as treasury yields rise and oil stays above $100
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve’s first interest-rate hike in three
Economy
SpaceX stock forecast after hitting a $946 million NASA deal
SpaceX stock has moved sideways at an important price, even after the company received a $964 million deal by NASA. SPCX also wavered
Economy
Credo Technology stock is slumping despite its strong revenue growth: what next?
Credo Technology Group stock has slumped and moved into a bear market after slumping by nearly 50% from its highest point this year.
Economy
US jobless claims fall unexpectedly as labour market continues to remain strong
The number of Americans filing new claims for unemployment benefits unexpectedly declined last week, offering another indication of resilience in the US labour
Economy
Dow opens 310 pts higher as Fed rate hike overhang lifts
US stocks opened higher on Thursday as Wall Street shook off Wednesday’s selloff, with the Federal Reserve’s first interest rate hike since 2023
Economy
Why the Fed hike may not mean much for US stocks
A hawkish Federal Reserve rate increase typically rattles financial markets, yet Wall Street greeted the central bank’s policy pivot without much drama. On
Economy
PROSPER goes live with new framework for verifiable onchain performance data
PROSPER has launched a framework for Performance Markets that allows third-party operators to connect verifiable onchain performance data with independently priced crypto-native assets.
Economy
What next for Medical Properties Trust stock amid asset sales?
Medical Properties Trust stock continued its strong downward this week, reaching its lowest level since January 13 last year. MPT dropped to $3.40,
Economy
Chinese AI models soar in value but make just 10% of OpenAI and Anthropic’s revenue
China’s artificial intelligence industry is seeing rapid adoption of its homegrown models, but the pace of monetisation remains well behind that of leading