Nvidia stock (NASDAQ: NVDA) fell nearly 1% Friday, slipping toward $181 as reports of proposed US export controls on advanced AI chips stirred fresh unease among investors.The Commerce Department draft rules, which require licenses for high-end GPU shipments to a broad range of countries, underscored the growing geopolitical drag on…
The dramatic escalation of the US-Iran conflict, marked by the recent blockade of the Strait of Hormuz, has sent shockwaves through global energy markets.While broad indices falter under the weight of heightened uncertainty, Indonesia Energy (INDO) has defied the gloom, staging an explosive and volatile rally.This microcap explorer – insulated…
Tesla stock (NASDAQ: TSLA) slipped about 2% on Friday, and the options market is leaning with the move, not against it.For a stock that lives on momentum and belief, the tone in derivatives is clear: traders aren’t calling for a crash, but they are paying up to protect against more…
Mounting redemption requests across private credit funds are raising fresh questions about the resilience of one of the fastest-growing corners of the global debt market.BlackRock, the world’s largest asset manager, has limited withdrawals from one of its flagship private credit vehicles for the first time, underscoring growing investor unease as…
Day One Biopharmaceuticals (NASDAQ: DAWN) ripped higher on Friday morning after Servier signed a definitive agreement to acquire the California-based firm for about $2.5 billion in cash.Servier’s deal rewrites DAWN’s technical profile, valuing its shares at $21.5 each, which translates to a nearly 70% upside from its previous close.Following this…
Micron Technology shares fell on Friday as weakness in South Korean memory names weighed on sentiment and US investors awaited February jobs data.The moves come as US stocks remained in the red amid the Iran conflict, while South Korean memory giants Samsung Electronics and SK Hynix also declined on the…
The Bank of Canada has completed a market experiment examining how tokenised bonds could move through financial systems using blockchain infrastructure. The project involved several of the country’s largest financial institutions and centred on a short term security issued by Export Development Canada.The test explored how distributed ledger technology could…
The US labor market showed signs of cooling in February after nonfarm payrolls unexpectedly fell, and unemployment also came a notch higher than expected, complicating the picture for the Fed ahead of its rate decision as it weighs a weak jobs report against the fuel price-led inflationary risks caused by…
A new war in the Middle East is unfolding at a moment when the global economy is only just regaining its footing.Growth in the US economy had surprised to the upside, Europe was edging out of stagnation, and central banks were preparing to ease policy after two years of inflation…
For gold to have a sustained upside momentum, prolonged geopolitical stress and US Federal Reserve’s monetary policy remain key, according to experts. On Wednesday, gold and silver prices rebounded more than 1% after a sell off in the previous session. Safe-haven demand, fueled by the escalating Middle East conflict that is driving…