Economy

Economy
Economy

Strategy (MSTR) falls after Bitcoin sale even as Mizuho cuts price target

Shares of Strategy (previously known as Microstrategy) MSTR fell more than 6% on Monday after the company disclosed its first strategic Bitcoin sale, marking a notable departure from Executive Chairman Michael Saylor’s long-standing commitment to never sell the cryptocurrency. The decline was compounded by a price target cut from Mizuho and renewed weakness in Bitcoin,

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Economy

Why Nvidia stock is soaring around 4% on Monday

Shares of Nvidia (NVDA) were surging on Monday morning in contrast to the broader market. The stock was soaring around 4% as the broader indices were under pressure in early trading. The move comes as Nvidia is stepping up its challenge to Intel and Advanced Micro Devices in the artificial intelligence hardware market, unveiling a

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Economy

CoreWeave stock jumps after major Nvidia Rubin news: what next?

CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared by nearly 82% from its lowest point this year. It has formed a double-bottom pattern, pointing to more gains. CoreWeave stock jumps as it validates

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Economy

Crypto rally: Why Humanity, Worldcoin, FET, and Venice Token are soaring

A crypto rally resumed during the weekend, with Humanity Protocol (H), Worldcoin (WLD), Artificial Superintelligence Alliance (FET), and Venice Token (VVV) being the top gainers.  Humanity, Worldcoin, FET, and Venice Token are soaring Humanity token jumped to $0.40, its highest point since October last year, and 750% from its lowest level this year. This surge

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Economy

KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?

The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull

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Economy

Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal

Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on Sunday, down from last week’s high of $108.  Donald Trump requests edits to his ceasefire deal Brent, the global benchmark, dropped to $92.40, with a

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Economy

Nextpower stock jumps to record high after $365M Prevalon deal

Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy infrastructure markets. Nextpower stock rose as much as 14% during trading to around $156.50, significantly

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Economy

Why Ethereum must hold above $1,800 to avoid further sell-off

While Ethereum (ETH) climbed back above $2,000 on Friday, broader market sentiment remains bearish after the asset fell roughly 10% over the past month. The rebound has done little to alter the wider market structure, as ETH continues to trade under pressure after losing momentum from the $2,200–$2,400 range earlier this month. Since then, price

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Economy

Palantir stock jumps to biggest gain in over a year after AI rally

Palantir Technologies (PLTR) shares surged on Friday, marking the company’s strongest single-day gain in more than a year as renewed optimism around artificial intelligence helped fuel a broad rally across software stocks. Palantir stock climbed more than 9% to around $156.54 during Friday trading, making the stock’s biggest daily advance since April 2025. The gains

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Economy

Dow closes above 51,000 as Dell-led AI rally lifts Wall Street

US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopolitical tensions in the Middle East. The Nasdaq Composite rose 0.2% to close at 26,972.62, while the S&P 500 gained 0.22% to finish at 7,580.06. The

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