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Business

Gold hits 3-month high as weak dollar and Fed bets put $4,700 in play

Gold climbed to its highest level in more than three months on Monday as a softer US dollar extended bullion’s powerful August rebound, while investors turned towards this week’s inflation data and Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for the next policy signal. Spot gold rose about 0.8% to $4,641.27 an ounce in

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Business

Can PENGU break $0.01 after a 17% surge and $400M volume spike?

Pudgy Penguins’ PENGU token has gained more than 17% over the past 24 hours, trading near $0.0096 on Aug. 24 as daily volume climbed above $400 million and the token approached the $0.01 level. CoinGecko data showed PENGU had also gained 59.5% over the past seven days and 58.6% over the past month, extending a

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Business

Can HYPE price extend its 35% rally as bullish catalysts stack up?

Hyperliquid (HYPE) has rallied roughly 35% over the past seven days, climbing from around $59 on Aug. 18 to $79.50 at press time as a combination of US regulatory developments and rising activity across the Hyperliquid ecosystem drew traders back to the token. The rally accelerated on Aug. 20, when HYPE broke above $60 and

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Business

Nvidia stock enters earnings week after five-day slide and Perplexity talks

Nvidia stock (NASDAQ: NVDA) enters a pivotal week near $215 after five consecutive declines, with investors weighing a reported move to deepen its relationship with AI search startup Perplexity just days before quarterly earnings. Shares closed Friday at $214.72, down almost 5% from Monday’s close, as higher bond yields and renewed doubts over the AI

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Business

Citi sees up to 410% upside in 2 biotech stocks: is the risk worth it?

Citi analyst Yigal Nochomovitz sees enormous upside in two biotech stocks, but those forecasts reveal as much about risk as potential reward. Nochomovitz has a $7 target on Biomea Fusion, implying about 410% upside from the price used in Citi’s call, while his $57 Syndax Pharmaceuticals target points to roughly 190%. The cases are fundamentally

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Business

Rolls-Royce stock: The bull case is strong, but these risks could trigger a drop

Rolls-Royce share price has wavered in the past few days as the recent momentum stalled. It has dropped to 1,502p, down from the year-to-date high of 1,584p. While the company has some positive catalysts, several risks may drag it in the near term.  Rolls-Royce Holdings business is doing well RR stock has been one of

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Business

TRUMP and WLFI tokens plunge as Trump’s approval rating sinks to a new low

Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday.  WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend

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Business

These two developments can stop US stocks relentless surge in 2026

US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher

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Business

The succession and strategy questions facing Tata Sons as N Chandrasekaran resigns

N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding

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Business

SpaceX briefly reclaims IPO price: is the stock about to rocket?

Shares of Elon Musk’s SpaceX (SPCX) rose on Monday, briefly returning to the company’s $135 initial public offering price. The stock briefly touched $135 in early trading, marking a sharp rebound from the recent lows. SpaceX shares closed as low as $108.27 just days ago and are on track for their highest close in about

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