Economy

Economy
Economy

Here’s why the Uber stock price is in a free fall

Uber stock price is in a free fall this year and is trading at the lowest level since April last year. It has plunged by over 35% from its highest point since September last year. This retreat has pushed its market capitalization from a record high of $206 billion to the current $134 billion. So,

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Economy

Here’s why flying car stocks like Joby and Archer Aviation falling

Top flying car stocks such as Joby Aviation and Archer Aviation have tumbled this year, wiping out billions of dollars in market value. Joby Aviation shares have fallen 48% year to date and 60% over the past 12 months, while Archer Aviation has declined 37% and 57%, respectively, despite both companies moving closer to commercial

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Economy

Explained: Trump’s new tariffs on 60 trading partners after Supreme Court setback

The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking the first major step by President Donald Trump’s administration to rebuild its global tariff regime after the US Supreme Court struck down his previous reciprocal

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Economy

Volkswagen reports weaker-than-expected Q2 earnings, lowers 2026 sales forecast

Volkswagen reported weaker-than-expected second-quarter earnings on Friday. The automaker also abandoned its revenue growth forecast for the year. The move highlights growing pressure on Europe’s largest automaker as it undertakes a major restructuring effort. The German carmaker posted lower operating profit despite stronger-than-expected revenue, while warning that geopolitical tensions, trade conflicts and fierce competition from

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Economy

Ethena price jumps 5% as USDe expansion fuels fresh breakout hopes

Ethena price has risen nearly 5% in the past 24 hours as multichain expansion and steady USDe demand have boosted investor interest. According to CoinGecko data, ENA traded around $0.091 at the time of writing after gaining about 4.8% over the previous 24 hours and roughly 9% over the past week.  The token briefly approached

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Economy

Dow jumps 380 points as chip rally lifts Wall Street ahead of Big Tech earnings

US stocks closed sharply higher on Tuesday, led by a strong rebound in semiconductor shares as investors looked past geopolitical tensions in the Middle East and focused on the upcoming wave of Big Tech earnings reports. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to close at 52,223.72. The S&P 500 gained 0.86%

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Economy

AMD stock gets a big boost from Microsoft ahead of AI event

Advanced Micro Devices (AMD) stock is pushing higher on Monday morning after the chipmaker announced a major, full-stack expansion of its strategic partnership with Microsoft (MSFT). The centerpiece of the new deal is MSFT committing to deploy AMD Helios Rackscale Solution “at scale” within its Azure cloud infrastructure. AMD shares have been a blockbuster investment

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Economy

Brent and WTI crude oil prices target $100 as analysts warn of a forever war

Crude oil prices continued rising on Hyperliquid as investors reacted to the ongoing escalation between the US and Iran. Brent jumped to $88.7, with its 24-hour volume soaring to $59 million. West Texas Intermediate (WTI), the US benchmark, rose to $83.62, with the volume rising to $111.2 million. Crude oil prices jump on US-Iran war

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Economy

Big tech earnings outlook: Wall Street demands receipts on $700B AI spree

As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels. However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding

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Economy

Stellar price outlook: Golden cross signals hope as XLM eyes $0.20 breakout

Stellar (XLM) is trying to stabilize after a volatile week that saw the token come under pressure alongside the broader cryptocurrency market. XLM was trading at $0.1834, down 3% over the past 24 hours, while extending its weekly decline to 4.3%. Despite the recent weakness, traders are watching a developing golden cross and an upcoming

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