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Oil

Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%

Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from

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Oil

Zhipu seeks $4B in Hong Kong share sale after AI stock rally

Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu AI, is seeking to raise around $4 billion through a share

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Bitcoin

PepsiCo beats revenue estimates but warns North America demand remains under pressure

PepsiCo beat Wall Street expectations for second-quarter revenue and profit on Thursday, but investors focused on the company’s warning that inflationary pressures continue

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Bitcoin

Smart money loves a bad market

Bull markets are liars. When everything’s pumping, a coin backed by nothing outruns a protocol with real users and revenue. Everyone’s a genius

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Bitcoin

Micron to invest up to $3B in US chip supply chain, stock jumps on AI optimism

Micron Technology shares surged 6% in premarket trading on Thursday after the memory-chip maker announced plans to invest up to $3 billion to

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Bitcoin

Bitcoin Cash price outlook: Can BCH build on Bitcoin-led gains?

Bitcoin Cash (BCH) traded at $236.38 at the time of writing, posting a 1.5% gain over the past 24 hours. The move comes

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Bitcoin

Gold recovers as strong US labor data offsets earlier pressure from higher oil prices

Gold prices moved higher on Thursday, recovering above the $4,100 mark after stronger-than-expected US lalabourbour market data boosted investor sentiment. The gains came

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Bitcoin

Dow Jones slips even as chip stocks offset renewed US-Iran tensions

US stocks opened higher on Thursday as gains in semiconductor shares helped offset renewed geopolitical concerns after fresh exchanges of attacks between the

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Bitcoin

US jobless claims declined last week as labour market holds steady

The number of Americans filing new applications for unemployment benefits declined last week, pointing to continued resilience in the US labour market even

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Bitcoin

Broadcom stock is in a local bear market: will it retest its record high?

Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its

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