Economy

Economy
Economy

Gold struggles as inflation fears from rising oil prices offset demand

Spot gold and silver traded lower ahead of the market open on Wednesday as renewed tensions between the United States and Iran lifted crude oil prices offsetting the traditional safe-haven appeal of precious metals. At the time of writing, spot gold was trading near $4,074.10 per ounce, down 0.75% on the session, while spot silver

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Economy

Celestica stock is up 125% in 12 months: more upside ahead?

Celestica stock has done well in the past few years, helped by the ongoing artificial intelligence (AI) boom. Its US stock has jumped by 125% in the last 12 months and by over 4,500% in the last five years. Its $40 billion valuation has made it one of the biggest Canadian companies. Celestica stock has

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Economy

Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%

Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the company’s ongoing turnaround efforts. Rising short interest despite turnaround measures Plug Power,

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Economy

Oracle shares rose as investors reassess AI-driven sell-off

Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment. The recovery also came as broader market sentiment improved, with the Nasdaq Composite gaining 0.95% and the S&P 500 advancing 0.44%. The move marked a shift in investor sentiment after weeks

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Economy

Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?

Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report. The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network. Shares of Tesla climbed about 3% to $405.11 in early

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Economy

Hyperliquid price outlook: Why HYPE could reach $100

Hyperliquid (HYPE) continues to trade close to its all-time high after posting strong gains over the past month. The token was trading at around $69.84 on July 6, leaving it about 9.6% below its record high of $76.87, which was reached on June 16. Over the past seven days, HYPE has gained 11.5%, while its

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Economy

MU, AMD, other chip stocks gain, but Morgan Stanley sees pivot away from chipmakers

Semiconductor stocks were in the green on Monday, but Morgan Stanley says recent weakness in the category suggests investors are increasingly looking beyond chipmakers and toward a broader set of beneficiaries from the artificial intelligence boom. In a note released on Monday, the brokerage said the recent weakness in US semiconductor shares suggests market leadership

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Economy

Strategy (MSTR) stock falls as company sells $216M worth of Bitcoin

Strategy MSTR (formerly known as Microstrategy), the largest corporate holder of Bitcoin, disclosed on Monday that it sold 3,588 Bitcoins for approximately $216 million last week. The sale was part of a newly introduced treasury framework designed to support preferred stock obligations and strengthen its cash reserves. The software company sold 1,363 Bitcoins between June

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Economy

ZIM stock sinks as Hapag-Lloyd buyout faces major regulatory setback

ZIM Integrated Shipping Services (ZIM) stock is under immense pressure this morning following a massive regulatory roadblock to its highly anticipated buyout. The sell-off even saw ZIM sink below its 20-day and 50-day moving averages on Monday, signaling the bears are beginning to take back control across multiple timeframes. Following today’s weakness, ZIM shares are

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Economy

Intel, AMD stocks outperformed Nvidia in H1: what’s next?

While mainstream retail investors spent the first half of 2026 hyper-focused on Nvidia, chip legacy giants AMD and Intel (INTC) stock quietly engineered a stunning regime change. Leaving NVDA’s relatively muted H1 performance in the dust, both processing underdogs capitalized on massive rotational capital and a critical broadening of the artificial intelligence (AI) infrastructure narrative.

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