Circle Internet Group Inc (NYSE: CRCL) has been in a sharp uptrend ever since its debut on June 5th – but there’s reason to believe the massive surge in this crypto stock in recent weeks has gotten ahead of itself.The company’s share price hinges primarily on the success of its…
Following US raids on Iranian nuclear sites, concerns about the Strait of Hormuz’s closure have grown. Over 20% of the world’s oil passes through this important chokepoint; thus, any disruption might have global consequences.In an interview with Invezz, Aldo Contreras, a Venezuelan specialist in International Economic Relations and Former President…
US stocks could see pressure this week after Iran struck US bases in Qatar in retaliation for President Trump’s airstrike on Tehran’s nuclear facilities.Amidst the geopolitical backdrop that seems to be worsening by the day, investors could find some stability in dividend stocks as they are historically viewed as a…
Air travel across the Middle East faced major disruptions on Monday as airlines diverted dozens of flights following a missile strike by Iran targeting a U.S. military base in Qatar. Qatar said it intercepted the missiles at the Al Udeid Air Base. Qatar added that there were no incidents or…
Asian stock markets rallied broadly at Tuesday’s open, with investors reacting positively to an announcement from US President Donald Trump that Iran and Israel have agreed to a ceasefire. This declaration, which suggests a potential de-escalation of the intense Middle East conflict, sent oil prices tumbling and provided a significant…
Asian technology stocks are primed to rally by another 15% to 20% this year, driven by surging investor optimism in artificial intelligence, according to analysts at JPMorgan Chase & Co. The firm cited rising capital expenditure in data centers and continued earnings upgrades in key semiconductor names as the primary…
Shares of Commonwealth Bank of Australia (CBA) surged to a record high on Tuesday, buoyed by news of a ceasefire between Iran and Israel announced by US President Donald Trump. The announcement sparked renewed optimism in financial markets, with investors pivoting toward safer assets like Australian equities.CBA’s share price rose…
Super Micro Computer Inc (NASDAQ: SMCI) lost more than 10% to start the week after the AI server giant announced plans to raise $2.0 billion through a convertible note offering due in 2030.However, despite initial jitters, the capital raise may not be the red flag it appears to be –…
Metal producers within the European Union are urging the bloc to implement export duties or restrictions on scrap metal shipments. This push, expected “in the next few weeks,” aims to counteract a significant rise in exports to the US, a trend attributed to the trade policies of the Trump administration, according…
Government officials and company managers stated that Russia, possessing the world’s largest natural gas reserves, is seeking solutions for its gas surplus, Reuters reported on Tuesday. This comes as gas exports to Europe continue to fall, prompting Russia to consider alternative uses, such as powering data centres.Prior to the significant geopolitical…