The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its outlook for the global oil market, specifically downgrading its prior expectations concerning the magnitude of the supply surplus. This adjustment was not a recent development
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and upbeat comments from a key supplier. NVDA’s rally came even as investors digest bigger
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French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a long-running criminal investigation. What began as a probe into alleged algorithm abuse and data practices has now expanded to include complaints linked to the platform’s artificial intelligence chatbot, Grok, as well as
Polygon’s POL is one of the best performers among the top 100 cryptocurrencies by market cap. The coin takes a breather above $0.11 after adding 11% to its value in the last 24 hours. The rally comes as Polygon recorded its largest monthly burn of more than 25 million POL tokens in January. This latest
Asian markets opened the week under heavy pressure as a sharp selloff in South Korean equities set the tone for the region, while investors weighed mixed signals from China’s manufacturing sector, steep losses in precious metals, sliding oil prices, and a major leadership development at Walt Disney. Asian markets lead declines as South Korea tumbles
The Schwab US Dividend Equity ETF (SCHD) is doing well this year and is constantly beating the broader market, including the S&P 500 and the Nasdaq 100 indices. SCHD has jumped by 8.50% this year and is now hovering at its all-time high, while the S&P 500 has risen by just 1%. This article explores
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a prolonged property slump, and slowing exports weigh on the world’s second-largest economy. On Thursday, the State Council released a work plan aimed at boosting services consumption over the coming years, spanning cruise and yacht tourism,
Exxon Mobil Corp achieved fourth-quarter 2025 earnings that narrowly surpassed Wall Street expectations, largely fueled by robust results in its refining segment and all-time high output from significant growth assets. Despite this strong quarter, the energy behemoth’s overall profit for the full year decreased compared to 2024, primarily due to the adverse effects of depressed
Hang Seng Investment Management has launched a physically backed gold exchange-traded fund that gives investors direct exposure to bullion while also laying the groundwork for future blockchain-based access. The product comes as global asset managers explore ways to combine traditional commodities with tokenization, even as regulatory approvals remain a gating factor. Gold ETF details The