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For years, the primary cloud hanging over Nio Inc (NYSE: NIO) has been its inability to translate technological brilliance into sustainable profitability. Its persistent “cash burn” often scared away value-oriented investors, keeping the stock price under pressure despite rising delivery numbers. However, that major overhang just evaporated. In a historic “profit alert” issued today, the… Continue reading Nio stock just got rid of a major overhang: find out more

Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, the March silver contract shed more than 13% on Thursday, while gold fell more than 2% below $4,900 per ounce.  Meanwhile, oil prices also fell… Continue reading Commodity wrap: silver plummets 13%, gold below $4,900; oil dips on Iran talks

As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian markets. The February futures contract was up 0.17% at 182,705 points at 9:07 a.m. Brasília time. According to local media outlet InfoMoney, most of the market’s focus was… Continue reading Brazil markets rise as Lula interview and earnings season take center stage

Qualcomm (NASDAQ: QCOM) shares opened about 11% down on Feb. 5 after the semiconductor giant issued cautious guidance for its fiscal Q2 that overshadowed its record-breaking performance in the holiday quarter. In its earnings release, the company based out of San Diego, CA, cited the global memory shortage that’s forcing smartphone manufacturers to scale back… Continue reading Qualcomm stock: why the ‘memory problem’ may be overstated

US stocks head into Thursday’s session on the back foot after another bruising tech selloff knocked Wall Street’s most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp two‑day retreat in high‑growth names. The Dow Jones Industrial Average shed roughly 240 points, or… Continue reading US stocks open lower as Nasdaq falls 0.6% and tech selloff deepens

Polymarket is stepping away from screens and apps and into the physical world. The crypto-based prediction market platform is opening a free grocery store in New York City, pairing the initiative with a major donation aimed at tackling food insecurity. Announced on Feb. 3, the project marks an unusual move for a digital-native company and… Continue reading Polymarket takes crypto offline with free grocery store push in New York City

Asian markets traded mostly lower on Wednesday, tracking a broad sell-off in US technology stocks overnight, while gold extended gains for a second session. Investor sentiment across the region was weighed down by losses in global tech, fresh uncertainty around artificial intelligence disruption, and a series of policy and legal developments in the United States.… Continue reading Morning brief: Asian stocks slide as tech sell-off deepens, Nvidia–OpenAI deal nears

Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward trend.  This safe-haven buying contributed to the gains, following gold’s previous session, which marked its best single day since 2008. The already escalating tensions between the US and Iran witnessed a direct confrontation in the… Continue reading Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate

Oil prices extended gains on Wednesday as tensions between the US and Iran escalated, raising fears of supply disruptions.  Renewed tensions have surfaced between the US and Iran following the US downing of an Iranian drone that was operating close to an American aircraft carrier. Additionally, the Islamic Revolutionary Guard Corps of Iran issued a… Continue reading Analysis: Oil extends gains as escalating US-Iran tensions threaten $15+ surge