Economy

Economy
Economy

Bitcoin price reclaims $80K as traders defend key support zone

Bitcoin (BTC) price managed to reclaim the $80,000 mark ahead of the upcoming US inflation data releases after buyers stepped in near a key support zone during a sharp market selloff tied to geopolitical tensions and ETF outflows. According to TradingView data, Bitcoin recovered above $80,000 on Friday after briefly falling to an intraday low

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Economy

Innodata stock: why it may fail to sustain its post-earnings gains

Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations. Revenue rocketed 54% year-over-year to $90.1 million, comfortably exceeding the $76.5 million consensus estimate. On the bottom line, diluted EPS hit $0.42, nearly doubling the $0.23 forecast. This explosive growth prompted management to

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Economy

Intel stock soars 8% on Friday: what’s behind the recent dream run?

Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround strategy and artificial intelligence positioning. The recent rally has been driven by a combination of strong earnings, improving demand for server processors, and reports

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Economy

Trade Desk stock: Cramer reveals a major red flag beyond Q1 earnings

Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter. His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million. However, the revenue growth was largely overshadowed by a weaker-than-expected

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Economy

TAO price surges as Bittensor’s subnet expansion fuels bullish outlook

Bittensor’s (TAO) token has climbed to $310.96, posting a 2.2% gain over the past 24 hours while the broader crypto market remained largely unchanged. The move has pushed TAO near the upper end of its daily trading range between $297.72 and $313.89, extending its seven-day gain to 18.3% and its two-week rise to 25.4%. Notably,

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Economy

Commodity wrap: Gold set for weekly rise; oil recovers while copper surges

Gold prices were headed for a weekly rise following a stronger-than-expected jobs report in the US. Oil prices recovered from Thursday’s sharp losses to trade in the green as uncertainty remained regarding the US and Iran peace negotiations.  Gold set for weekly rise Gold prices rose further on Friday and were set for a weekly

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Economy

Intel stock supercharged after reports of preliminary deal with Apple

Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker’s devices. According to a Wall Street Journal report citing people familiar with the matter, Apple and Intel had been engaged in intensive talks for

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Economy

From cricket to capital: how the IPL became a $18.5B industry

The Indian Premier League is no longer being valued like a cricket tournament. It is being priced like a scarce, cash-generating media franchise with a captive audience, limited supply and growing institutional demand. That shift became unmistakable in 2026. Royal Challengers Bengaluru changed hands in a $1.78 billion deal in March, while Rajasthan Royals agreed

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Economy

Oil majors post mixed Q1 as Iran war distorts profits, product flows

The world’s biggest oil companies delivered a turbulent set of first‑quarter earnings, underscoring how the war in Iran and the closure of the Strait of Hormuz have distorted both profits and physical flows.  While Shell and BP beat expectations on the back of strong trading and higher prices, ExxonMobil and Chevron reported headline profit declines,

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Economy

These 4 software stocks are pulling out of SaaSpocalypse now

SaaSpocalypse – a fear-driven sell-off where investors worried artificial intelligence (AI) would cannibalize traditional software-as-a-service providers – is finally hitting a wall. While the iShares Expanded Tech-Software ETF (IGV) remains down for the year, a powerful 14% surge over the last month suggests a structural turnaround. According to JPMorgan technical strategist Jason Hunter, the software

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