The past week has been one of extraordinary developments across politics, markets, and technology. From a historic mayoral election in New York to a landmark court hearing on US tariff powers, a record-setting Tesla compensation vote, Apple’s AI ambitions, and the longest government shutdown in American history, each story signals…
Wall Street heads into the new week on edge after a volatile stretch that saw major indices slide from record highs amid a mix of tepid labor data, tech-sector weakness, and a lack of fresh government economic reports due to the ongoing federal shutdown. With earnings season winding down and…
The Nasdaq 100 Index and its related ETFs, like QQQ and JEPQ plunged last week as concerns about technology valuations and the ongoing government shutdown continues. It plunged to $25,000 from the year-to-date high of $26,143. Similarly, the Invesco QQQ Trust (QQQ) plunged to $610 from the all-time high of $636,…
The S&P 500 Index retreated sharply last week, moving from the year-to-date high of $6,915 to a low of $6,640 as concerns about the AI industry remained. Its top exchange-traded funds (ETF) like the SPY and VOO, also tumbled The stock market crash happened as the recent rally took a breather…
The MSTR stock price has been in a strong downtrend, mirroring the performance of other Digital Asset Treasury (DAT) companies like Metaplanet, American Bitcoin, MicroCloud Hologram, and Semler Scientific. Strategy shares were trading at $241 on Friday, much lower than the year-to-date high of $456. It is hovering at its…
China’s newest and most advanced aircraft carrier, the Fujian, has officially entered service following a commissioning ceremony led by President Xi Jinping in Hainan province. The event marks a defining moment in China’s pursuit of naval modernisation and its long-term goal to rival US maritime power. With electromagnetic catapult technology…
Oil prices are once again under moderate pressure, primarily due to the continued increase in global oil production easing earlier concerns about market tightness caused by sanctions. Industry surveys suggest that OPEC’s production saw a further, albeit marginal, increase in October. Reuters estimates indicated a rise of 30,000 barrels per day…
A top German general is sounding the alarm, warning that Russia could launch a limited strike on NATO territory at any moment, even as early as tomorrow.In Denmark, the government is pushing ahead with a bold plan to ban social media for kids under 15, part of a growing global…
Most non-agricultural commodities rose on the last day of the week with gold consolidating above the crucial mark of $4,000-per-ounce. Oil prices also climbed on Friday after spending most of the week in the red. Prices are set for second straight weekly losses. Base metal prices rose as investors resorted to bargain-buying…
President Trump met with Hungarian Prime Minister Viktor Orbán to discuss Hungary’s reliance on Russian oil and potential sanctions exemptions.North Korea launched another short-range missile, underscoring its ongoing weapons push. In India, the Supreme Court cleared the late Air India pilot of fault in June’s fatal crash.Meanwhile, a US judge…