Here’s a quick recap of the crypto landscape for Wednesday (August 13) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$122,444, up by 2.6 percent…
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time…
The US Bureau of Labor Statistics released the July Consumer Price Index report on Tuesday, showing inflation steady at 2.7% year-over-year, matching June’s rate and just a touch below economists’ 2.8% forecast.This is the third month in a row with inflation under 3%, showing that price pressures are still there…
On Monday, Brazilian President Luiz Inácio Lula da Silva held a phone call with Chinese President Xi Jinping, which lasted an hour and revolved around the role of BRICS in the changing global order and their trade relations over the next few years. The leaders, according to comments attributed to…
Intel Corp (NASDAQ: INTC) is in focus on Tuesday after Craig Barrett, its former chief executive, issued a stark warning: the US can’t afford to lose the company’s cutting-edge chip manufacturing capabilities.In a recent commentary, Barrett emphasised INTC’s strategic importance to national security and technological leadership. His message is clear:…
The first half of 2025 saw global markets oscillate largely between two bookends, i.e. optimism and caution, a trend driven by easing inflation, geopolitical flare-ups, and the enduring technology boom. In fact, a recent study of 112 global indices revealed that an impressive 88 of them rose while 24 fell…
Pony AI Inc (NASDAQ: PONY) says its top-line soared 76% on a year-over-year basis as robotaxi fare-charging revenues more than quadrupled in the second quarter (Q2).On Tuesday, the company disclosed aggressive progress in scaling its Gen-7 robotaxi fleet as well. Still, the autonomous driving technology stock is down roughly 10%…
Uranium Energy Corp. (NYSE American: UEC) gained 5% on Monday after Goldman Sachs initiated coverage with a bullish outlook, citing the US government’s efforts to rebuild a domestic nuclear fuel supply chain. The investment bank set a $13 price target for the stock, implying more than 30% upside from current…
US airline stocks closed significantly higher on Tuesday after Spirit Airlines, a budget air carrier , issued a dire warning that it will fail to survive as a going concern without fresh capital.Additionally, the US Labor Department reported an increase in July airfares (the first in six months), further injecting…
A powerful wave of optimism swept across Asia-Pacific markets on Wednesday, as investors cheered US inflation data that solidified expectations for a Federal Reserve interest rate cut next month. Japan’s Nikkei 225 continued its stunning ascent, shattering records for a second consecutive day, while strong corporate earnings in China added…