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Economy

Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks

Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office –

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Economy

Why Kospi’s AI-fuelled rally is leaving South Korea’s won behind

South Korea’s stock market has become one of the biggest beneficiaries of the global artificial intelligence boom, powered by surging demand for semiconductors

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Economy

Crude drops 14% in May as peace hopes outweigh supply fears

Oil prices in May experienced extreme volatility as uncertainty about the US-Iran ceasefire kept the market on edge.  Even as Brent crude prices

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Economy

Wall Street awaits payrolls data as rate hike risks return to focus

Investors are preparing for a crucial week as fresh labor market data and earnings from Broadcom could influence the direction of US stocks.

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Economy

IndiGo reports quarterly loss as costs surge and capacity falls

Indian budget carrier IndiGo reported a fourth-quarter loss on Friday as the country’s largest airline faced pressure from domestic capacity constraints, a weakening

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Economy

Euro zone inflation stays above ECB target as Iran fallout widens

Inflation in the euro zone’s four largest economies remained above the European Central Bank’s 2% target for a third consecutive month in May,

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Economy

Bitcoin Cash price prediction: downside risks loom as BCH dips to $300

Bitcoin Cash (BCH) slipped under $300 on Friday, retreating 7% over the past 24 hours and flirting with a multi-month low as risk

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Economy

FTSE 250 heads for weekly gain as Ocado jumps on Asda deal

The UK’s domestically focused FTSE 250 index moved toward a second consecutive weekly gain on Friday, supported by a sharp rise in Ocado

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Economy

Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street

Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism

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Economy

Danish pension fund rejects SpaceX IPO over valuation and governance concerns

A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX,

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