Economy

Economy
Economy

Ethereum price fails to rally despite Tom Lee’s massive bet: is $2,200 next?

Ethereum hovered near $2,400 on Tuesday after reversing modest gains from the early Asian session, even as BitMine Immersion Technologies announced another addition to its treasury. The company purchased 12,535 ETH last week, extending a weekly buying streak dating back to June 30, 2025. The acquisition increased its holdings to more than 6.041 million ETH,

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Economy

Rolls-Royce stock is falling fast this month: Is a rebound possible?

Rolls-Royce share price has been in a strong sell-off this month and is now hovering at its lowest level since June 15. It has slumped by 16% from the year-to-date high as the company contends with several major challenges. Technicals suggest that the stock may continue falling in the near term.  Rolls-Royce share price technicals

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Economy

Don’t sell your Bitcoin: how a crypto-backed loan works

Say you bought Bitcoin a couple of years ago and it’s up nicely. Then a big bill lands: a house deposit, a tax payment, a car repair. Selling would solve it in minutes, but you’d also be out of a position you believed in, possibly just before the next leg up. Selling is the simplest

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Economy

SpaceX earnings: AI revenue, financing needs and Tesla merger talks in focus

SpaceX is set to report third-quarter earnings on Tuesday, with investors looking for evidence that its rapidly expanding artificial intelligence business is generating enough revenue to justify the enormous cost of its infrastructure buildout. The results will offer insight into whether Elon Musk’s ambitions to combine AI computing, satellite connectivity and space-based infrastructure can translate

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Economy

Micron stock faces fresh trouble after a 15% crash: is another selloff coming?

Micron faces a fresh challenge to its recovery after workers at a Taiwanese facility announced plans to strike on Thursday over a dispute about profit-sharing. The Taoyuan walkout, scheduled for 22 October, comes as the US memory-chip producer seeks to recover from a 14.6% share-price slump last week. Micron rebounded 2.97% on Monday to close

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Economy

Crude oil forecast: Why Brent could reach $120 as IRGC shipping attacks persist

Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate

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Economy

SK Hynix stock falls another 3% after brutal 24% rout: when will the selling stop?

SK Hynix stock fell 3.2% to 1,231,000 won in early Seoul trading on Monday, extending a historic sell-off as investors questioned the financing behind the artificial intelligence boom. The decline followed a 24.3% weekly plunge, the South Korean chipmaker’s worst since the 2008 financial crisis. Overseas investors dumped billions of dollars in shares, despite resilient

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Economy

Here’s why XRP’s rebound above $1.30 may be hiding a much bigger warning

XRP rebounded towards $1.31 on Monday after a wave of liquidations battered leveraged traders, although evidence of fresh buying remained limited. The cryptocurrency recovered from weekend lows around $1.26, following several sessions of selling and declining futures positions. Yet the recovery comes as US spot XRP exchange-traded funds have recorded their first weekly outflows in

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Economy

Trump’s Russia surprise sends oil lower, so why is gold nearing $4,200?

Gold edged towards $4,200 an ounce on Monday as cheaper oil offered a fresh source of support, even with the Federal Reserve still expected to tighten policy again this year. Spot bullion gained 0.3% to $4,175.60 by 0259 GMT, while December US futures rose 0.4% to $4,196.40. The advance followed President Donald Trump’s decision to

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Economy

Evening digest: oil hits $110, Tesla unveils Roadster

Oil prices climbed above $110 a barrel as escalating geopolitical tensions raised concerns about global supply, while gold headed for a weekly loss amid expectations of further Federal Reserve rate hikes. Tesla shares fell after the company unveiled its redesigned Roadster, while Apple stock edged higher following strong initial demand for its first foldable iPhone.

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