Japan’s prime minister, Sanae Takaichi, has publicly denied any link to a Solana-based cryptocurrency that briefly gained traction in online markets. The token, branded SANAE TOKEN, climbed rapidly in value before retreating within hours. Its market capitalisation touched nearly $30 million at its peak, drawing attention across crypto trading platforms and social media. Takaichi said
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region. The pan-European STOXX 600 index fell 3.26%, leaving it on course for its
US stock index futures fell sharply on Tuesday as investors weighed the economic fallout of escalating conflict between the United States and Iran, rising oil prices, and renewed inflation risks. Futures tied to the Dow Jones Industrial Average dropped as much as 822 points, or roughly 1.68%, while S&P 500 futures also fell by 1.6%.
The US–Iran war is forcing investors to rethink where to put money to work as geopolitical risk replaces artificial intelligence and tariffs as the dominant market narrative. Strikes by the US and Israel on Iran, followed by missile retaliation and disruptions around the Strait of Hormuz, have pushed oil to its highest levels in nearly
The cryptocurrency market has been volatile over the past few days, with Bitcoin hitting $70k on Monday before retracing to now trade below $67k. However, while the broader market has underperformed, Grass (GRASS) has recorded excellent gains over the last seven days. The coin is trading above $0.31 after adding 82% to its value during
Brent crude prices rose to their highest level since July 2024 as the US-Israel conflict with Iran continued to escalate, disrupting supplies from the Middle East. At the time of writing, the Brent crude price on the Intercontinental Exchange was at $84.32 per barrel, up 8.4%. The contract had hit $85.10 per barrel earlier in
After reporting a €5.5 billion profit in 2024, global carmaker Stellantis reported a €22.3 billion net loss for 2025. The company’s official financial reports, published on Friday, show that €25.4 billion in exceptional charges related to a comprehensive strategic reset of its operations and product roadmap was the main cause of the loss. After overestimating
Nvidia once again stuck to its established script on Wednesday, delivering blowout financial results that would normally ignite a market rally. The chipmaking giant reported that its quarterly profit nearly doubled year-on-year to $43 billion, yet the news failed to enthuse Wall Street. By the time the opening bell rang on Thursday, Nvidia’s stock price
Tesla stock fell over 2% early Thursday, tracking broader market weakness and reacting to reports that raised questions about the company’s progress in launching fully autonomous robotaxis. The decline came as the S&P 500 slipped 0.7% and the Nasdaq Composite fell 1.3% as investors were not impressed by Nvidia’s latest quarterly earnings. The Dow Jones
US spot Bitcoin exchange-traded funds (ETFs) have finally snapped a grueling losing streak, but can this return of institutional capital sustain a climb back above $80,000? After visiting multi-week lows near $62,000, the Bitcoin price has staged a robust 8% recovery over the past 48 hours that has been supported by a convergence of macro