Silver price remains under intense pressure this week as spot ETF inflows wane and inflation risks persist. XAG dropped to $75, down by 40% from the year-to-date high. This article explores the top reasons why it has dropped and what to expect. Silver price has dropped amid waning ETF inflows Data compiled by ETF dot… Continue reading Silver price forecast: top reasons XAG is stuck in a bear market
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Why SpaceX secured a $20B bridge loan ahead of its IPO
Elon Musk’s SpaceX has secured a $20 billion bridge loan to refinance a large portion of its existing debt ahead of its planned US initial public offering, according to a regulatory filing reviewed by Reuters. The stopgap financing, arranged last month, replaces five existing debt facilities and gives the company greater flexibility as it prepares… Continue reading Why SpaceX secured a $20B bridge loan ahead of its IPO
Can gold hold $4,700 as oil surge reshapes rate cut expectations?
Gold was little changed to lower on Friday but remained on course for a weekly decline, as higher oil prices, firmer dollar and rising Treasury yields reduced the appeal of bullion despite continued geopolitical tension in the Middle East. Spot gold was last near $4,675 an ounce, after hitting $4,697.06 in the previous session and… Continue reading Can gold hold $4,700 as oil surge reshapes rate cut expectations?
Trump to host top $TRUMP memecoin holders at Mar-a-Lago luncheon
President Donald Trump is due to speak on Saturday at a cryptocurrency event at his Mar-a-Lago club in Palm Beach, Florida. The gathering has drawn renewed criticism from Democrats over potential conflicts of interest tied to his family’s digital-asset ventures. The event is being marketed as an exclusive conference and luncheon for the top holders… Continue reading Trump to host top $TRUMP memecoin holders at Mar-a-Lago luncheon
Hang Seng slips as Asian markets weigh oil surge, Hormuz tensions
Asian equities were mixed on Friday as investors weighed firmer oil prices and renewed tension around the Strait of Hormuz against a still-resilient appetite for risk assets. A fragile Middle East ceasefire and unresolved US-Iran tensions kept traders cautious, even as recent gains on Wall Street helped prevent a broader retreat in regional markets. Japan’s… Continue reading Hang Seng slips as Asian markets weigh oil surge, Hormuz tensions
USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war
The Japanese yen continued softening against the US dollar as energy prices jumped and after the country’s publication of its inflation report. The USD/JPY exchange rate rose to 159.7, a few points below the year-to-date high of 160.43. Japan inflation jumps as crude oil soars A report released on Friday showed that consumer prices in… Continue reading USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war
Intel stock soars on Q1 earnings, but further gains lie ahead
Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant reported a blockbuster Q1 and issued impressive guidance for the future. While revenue at $13.6 billion came in up a steady 7% on a year-over-year basis – the real catalyst was a massive bottom-line beat; $0.29 a share against just… Continue reading Intel stock soars on Q1 earnings, but further gains lie ahead
Dow Jones falls 179 pts as oil surge, tech slump hit stocks
US stocks pulled back on Thursday, pressured by weakness in software shares and a sharp rise in oil prices, as uncertainty surrounding the trajectory of the Iran conflict weighed on investor sentiment. The S&P 500 declined 0.41% to close at 7,108.40 after touching a fresh intraday record earlier in the session. The Nasdaq Composite dropped… Continue reading Dow Jones falls 179 pts as oil surge, tech slump hit stocks
Evening digest: Tech companies layoffs, oil surge rattle markets
Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical tensions on Thursday, with Meta Platforms announcing fresh layoffs, Microsoft launching a large-scale buyout programme, KPMG cutting audit partners, US jobless claims edging higher, cryptocurrencies pulling back, and oil prices surging amid Strait of Hormuz tensions. Meta, Microsoft, KPMG slash workforce amid AI… Continue reading Evening digest: Tech companies layoffs, oil surge rattle markets