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US inflation rises to 3.8%, highest since May 2023, as energy prices surge

US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices linked to tensions

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Bitcoin

Private credit returns weaken as loan distress deepens, MSCI finds

Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new data released by

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Bitcoin

Dow slips 150 points as hot inflation, oil surge hit Wall Street

Wall Street opened lower on Tuesday as investors reacted to a hotter-than-expected inflation report and mounting concerns that the ongoing US-Iran conflict could

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Bitcoin

Cisco stock at its most overbought since 2018 — and a top pro sees 25% upside

Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last

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Bitcoin

Plug Power stock slowly flashes a bullish pattern: is a 30% surge coming?

Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it

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Bitcoin

Affirm stock forms a bullish setup as BoFA hints at a surge ahead

Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was

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Bitcoin

Aluminium recyclers warn of EU ETS hit, copper nears record highs

European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU

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Bitcoin

Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid

Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according

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Bitcoin

Why analysts are raising Nvidia stock targets despite China and conflict concerns

Nvidia stock continued climbing on Tuesday, extending its record-setting rally. Shares of the AI chipmaker rose over 2% to hit a new record

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Business

Nvidia at $5.4T larger than India’s market, S&P 500 healthcare, entire economies

The extraordinary rise of Nvidia has become more than just a stock market story. The artificial intelligence chipmaker’s surge beyond a $5 trillion

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