The gold price extended its sharp downward trend, falling to its lowest level since July last year as inflation concerns intensified. The precious metal dropped to $3,995, about 29% below this year’s peak, and formed a death cross pattern, which points to further downside in the near term. Gold price sinks as crude oil soars
The Dow Jones and Nasdaq 100 have remained under intense pressure in recent days as concerns about the artificial intelligence (AI) sector persist. The tech-heavy Nasdaq 100 Index (NDX) slumped to 28,840, its lowest level since September 16 and about 8% below this year’s peak. The Dow Jones has also retreated, falling to 52,220, a
Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a bull run that started in July when it bottomed at $70. This rally will likely continue rising in the coming weeks. Brent and WTI jumps
Oil prices surged amid fresh Middle East supply concerns, while Anthropic expanded its European AI ambitions, SpaceX explored a nationwide wireless service, and SK Hynix shelved plans for a US listing of its Solidigm unit. Oil prices rise as Houthi attacks fuel supply concerns Oil prices climbed on Friday, with Brent crude touching its highest
US stocks ended lower on Friday as losses spread beyond technology shares, while rising oil prices and renewed concerns over the US-Iran conflict added pressure to markets. Investors also looked ahead to a busy week of corporate earnings and the Federal Reserve’s upcoming interest-rate decision. The Dow Jones Industrial Average fell 1.25%, or about 659
Investors questioning the returns on artificial intelligence (AI) spending should consider securing exposure to another sector: US homebuilders. Housing stocks charged higher on Thursday as Treasury yields declined, offering a glimpse of how they stand to benefit from a rotation out of technology due to AI bubble concerns. D.R. Horton, Lennar, and PulteGroup all posted
US stocks may have seen immense volatility lately but they are heading into the final quarter of 2026 after a strong run, with the S&P 500 on track for a fourth consecutive year of double-digit gains, according to BlackRock Fundamental Equities. Such a streak has occurred only three times in the past 100 years, it
The debate over artificial intelligence has split the technology world into two camps that rarely seem to be describing the same technology. On one side are those who warn that AI could pose an existential threat. On the other are those who predict an era of unprecedented abundance and wealth. For investors, businesses, and the
AI development is increasingly dependent on the physical infrastructure needed to power data centres, with electricity supply, grid connections and utility investment emerging as critical constraints on the industry’s expansion, according to Goldman Sachs. While advances in AI models continue to drive demand for computing capacity, the infrastructure required to support that growth operates on
Lucid Group stock has been in a strong freefall this year as the company’s future remains uncertain. It has dropped by 67% this year and by 82% in the last twelve months, with its market capitalization falling to $1.36 billion. While this sell-off may continue, the rising short interest means that it may experience a