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Economy

Evening digest: US jobs shrink, gold surges, Senate passes Russia sanctions

A weaker-than-expected US jobs report showed the labor market contracted in July, prompting investors to scale back expectations for a Federal Reserve rate

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Economy

Dow rises as S&P 500 hits record after weak jobs data eases Fed fears

US stocks ended higher on Friday, with the S&P 500 closing at a record high as weaker-than-expected July jobs data reduced expectations for

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Economy

Stablecoins hit 300M users as apps like Rizon push dollar banking into 122 countries

Retail crypto trading has cooled, but the dollar-pegged tokens underneath it are having their best year. “In the past 12 months, there’s been

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Economy

These 2 AI stocks are getting crushed: Goldman Sachs says buy the dip

Samsung Electronics and SK Hynix have gone from powering South Korea’s artificial-intelligence rally to becoming symbols of its violent unwind. Samsung has lost

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Economy

These three AI stocks are must-own after SpaceX earnings call

SpaceX (SPCX) inaugural earnings call following its blockbuster debut on Nasdaq sent “seismic” ripples across Wall Street. While investors digested the aerospace giant’s

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Economy

From Meta to OpenAI: AI security enters a new era as autonomous cyberattacks emerge

Artificial intelligence companies are facing growing scrutiny after Meta became the latest developer to reveal that one of its AI models carried out

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Economy

Has Atlassian, ServiceNow performance this quarter reduced SaaSocalypse fears

Wall Street’s concerns that artificial intelligence would trigger a “SaaSocalypse” for enterprise software companies are facing a fresh test as a series of

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Economy

Atlassian stock jumps as CEO buys the dip after earnings: What’s next?

Atlassian stock has staged a strong comeback, helped by its encouraging earnings report. TEAM jumped by 33% in extended hours, forming its biggest

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Economy

What’s happening now in crypto is completely normal, says Block Scholes’ CEO

Bitcoin has stumbled into one of its historically weakest months, sentiment remains subdued, and investors have increasingly shifted their attention to AI stocks,

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Economy

Cloudflare stock jumps 16% as AI demand drives higher 2026 revenue forecast

Cloudflare shares NET surged in premarket trading on Friday after the cloud services company raised its full-year revenue and earnings forecasts, signaling continued

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