Economy

Economy
Economy

Ronin (RON) rally explained: Coinbase listing, L2 upgrade and supply shock

Ronin (RON) has surged sharply over the past 24 hours, climbing 35.8% to $0.1233 and outperforming a largely flat crypto market. The rally pushed the token to an intraday high of $0.1365 from a low of $0.08542. Ronin price chart | Source: Coingecko The move came alongside a massive increase in trading activity, with 24-hour

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Economy

Europe’s AI future at risk as soaring power costs push data centers abroad

Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere, according to a CNBC report.  Experts warn that without cheaper energy, Europe risks falling far behind in the AI race.  Europe has set its sights

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Economy

Zeta Global stock soared after Snowflake OSI entry: what next?

Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after

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Economy

The ‘Thucydides Trap’: why a 2,500-year-old war loomed over the Trump-Xi summit

In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger. “There is no such thing as the so-called Thucydides Trap in the world. But should major countries time and again make the mistakes of strategic miscalculation, they might create such traps

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Economy

Why Nvidia stock is crashing around 4% on Friday

Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone. The stock dropped around 4% to $226.80 in early trading after gaining roughly 20% over the previous seven sessions. Thursday’s rally alone saw Nvidia rise 4.4% to close at $235.75,

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Economy

Nvidia tops $230 mark: here’s why analysts say NVDA still cheap ahead of earnings 

Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing

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Economy

Figma stock price just double-bottomed: will it surge after earnings?

Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking at $142 following its initial public offering, FIG stock has tumbled to  $21, erasing billions of dollars in value. Still, there are signs that the stock is a good buy ahead of

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Economy

Aluminium recyclers warn of EU ETS hit, copper nears record highs

European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU ETS).  The reform, designed to give companies more time to decarbonise, includes changes to benchmark values that determine the free allocation of carbon allowances.   According to Norman Liebke, FX and commodity analyst

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Economy

ING sees gold near $5,000/oz by year‑end despite current weakness

Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role.  ING strategist Ewa Manthey says the sell‑off reflects macro headwinds from higher oil prices, stronger yields, and a firmer dollar, but forecasts prices could still rise to $5,000 per ounce by year‑end. Source: ING Research Gold’s counterintuitive decline Gold is

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Economy

Nvidia stock hits new all-time high: should you buy or take profits?

Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8 and $217.7 intraday on Friday before easing back toward the $215.80 level. The latest rally has reignited a familiar debate that follows every big leg

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