Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Wall Street opened in the red on Wednesday, as investors were cautious ahead of a pivotal Federal Reserve decision and a heavy slate
Business
Business
Commodity wrap: Brent crude hits 1-month high, gold slips on Iran war
Brent crude oil prices hit a near one-month high on Wednesday as reports claimed that the US will continue to block shipments from
Business
SoFi stock drops 12% despite strong Q1 earnings as outlook disappoints
SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly
Business
Robinhood stock dives as crypto woes continue, costs rise: buy the dip?
Robinhood stock price slumped by over 9% in the extended hours after the blue-chip company’s earnings fell short of expectations because of the
Stocks
US Spot Bitcoin ETF Inflow Streak Ends Amid Market Pullback
On Monday, the Crypto Fear & Greed Sentiment Index hit 47, marking its first “Neutral” reading in three months. According to Farside, the
Stocks
Block Unveils Proof-of-Reserves for Bitcoin Holdings and Products
Anyone may verify Block’s holdings independently using on-chain signatures, according to Block. Even though they are the largest corporation in the world holding
Gold
FMCG giants Nestle, P&G, Colgate have lost their shine: what next
The consumer goods giants that built empires on household staples are struggling to justify their valuations. At the time of writing, Nestlé has
Gold
Corning stock falls as Q2 revenue forecast misses Street estimates
Corning reported better-than-expected first-quarter results but issued a softer revenue outlook for the current quarter, weighing on investor sentiment and halting a recent
Gold
Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society
Gold
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its