After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut finally secured a full banking licence in its home market. The development came on Wednesday as a milestone that would end a process that began in 2021 and has been watched closely across Europe’s
The International Energy Agency triggered its largest-ever strategic oil release on Wednesday, flooding the market with 400 million barrels of crude to counter a supply crunch gripping global energy markets. The extraordinary move came as Brent crude hovered near $91 a barrel amid escalating Middle East conflict and tanker disruptions in the Strait of Hormuz.
Artificial intelligence infrastructure spending is accelerating as technology companies race to build the computing backbone required for advanced AI systems. Nvidia strengthened its position in this growing market after announcing a $2 billion investment in AI cloud firm Nebius Group. The announcement sent Nebius shares up 15% on Wednesday and highlighted Nvidia’s strategy of supporting
While Ether and Solana are in the green, some leading altcoins have been underperforming. Cosmos Hub (ATOM) is down 1.3% and now trades at $1.7350 per coin. The bearish performance comes as ATOM extends its correction for the second consecutive week amid persistent selling pressure. Furthermore, weakening on-chain and derivatives data support a bearish outlook.
Oil prices pulled back from the highs hit earlier on Monday on reports claiming that the Group of Seven will discuss the possible release of emergency oil reserves. Finance ministers from the G7 are scheduled to meet on Monday to discuss the potential release of emergency oil reserves. This discussion is in response to the
Nasdaq is moving deeper into blockchain-based finance through a partnership with crypto exchange Kraken aimed at developing infrastructure for tokenized stock trading. The initiative reflects growing interest among global exchanges in combining traditional equity markets with decentralised networks. The exchange operator announced that it plans to support tokenized equities while preserving issuer control and regulatory
The cryptocurrency market has been volatile over the past few days due to the ongoing crisis between the US-Israel and Iran. However, PI, the native coin of the Pi Network, is defying market conditions and has been rallying over the past few days. The coin is currently up nearly 5% in the last 24 hours,
A few months ago, the removal of Venezuela’s president looked like an isolated shock.Then came pressure on Greenland. Now there’s a war in the Middle East — and the next chapter already appears to be forming. Taken together, the pieces suggest something larger is underway. The United States seems to be redrawing parts of the
Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped its patent infringement lawsuit against digital health provider Hims & Hers. The Danish pharmaceutical company has instead agreed to allow Hims to distribute its branded semaglutide drugs through its telehealth platform. The
Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on Friday, down slightly from the all-time high of $692. It remains about 66% from its lowest point in 2025, and this trend may continue as demand continues rising. Lockheed Martin to benefit