UAE quits OPEC in seismic shift, but Hormuz crisis halts freed-up oil
In a seismic shift for the global oil market, the United Arab Emirates has confirmed its exit from OPEC and OPEC+, effective May
Economy
Economy
Standard Chartered, BlackRock, OKX launch tokenised collateral framework
Standard Chartered said on Tuesday it has launched a new framework allowing institutional clients to use BlackRock’s tokenised short-term US Treasury fund as
Economy
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of
Gold
Shell to buy ARC Resources for $13.6B to boost reserves, output
Shell Plc has agreed to acquire Canadian energy producer ARC Resources Ltd. in a deal valued at about $13.6 billion, as the oil
Gold
Big Tech shifts to new energy sources amid AI expansion
Big Tech is entering an intensifying race to secure reliable, long-term energy as the rapid expansion of artificial intelligence drives an unprecedented surge
Gold
Corning stock gets expensive and overbought: will itt crash after earnings?
Corning stock price continued its strong uptrend and is now hovering at its all-time high as it became a big winner in the
Gold
Dow Jones rises 96 points as Iran tensions keep Wall Street cautious
Wall Street’s main indexes were muted on Monday, as stalled peace talks between the United States and Iran and rising oil prices kept
Gold
Hormuz shipping muted amid US-Iran tensions; freight rates split
Shipping data on Monday indicated that at least seven vessels, primarily dry bulk carriers, traversed the Strait of Hormuz over the last 24
Gold
Arbitrum price outlook amid push for unfreezing of Kelp DAO exploit funds
Arbitrum’s ecosystem is at the center of a major DeFi recovery effort, with leading protocols urging the Arbitrum DAO to unfreeze roughly 30,766
Gold
Qualcomm stock price at risk of a crash despite OpenAI partnership rumors
Qualcomm stock price surged by over 12% on Monday as investors cheered a potential partnership with OpenAI ahead of its much-anticipated financial results